Fact sheet: Alger American Asset Growth

Fund information
Fund name
Alger American Asset Growth A EUH
Fund manager company
La Francaise AM
Fund type
Offshore Fund
Fund managers
  • Ankur Crawfordsince 01/06/2016
  • Patrick Kellysince 26/01/2016
Fund objective
Primarily invests in growth equity securities of U.S. large cap companies identified through our fundamental research as demonstrating promising growth potential.
Benchmark
No data available.
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
12.6%
1 Year rank in sector
157/205
Sector
FO Equity - USA
Yield
-
Fund size
£510m (£646m last year)
Top in this sector
Fund name1 Year
Boost NASDAQ 100 3x LD ETP72%
T. Rowe Price USLgCpGthEq56.3%
Boost S&P500 3x LD ETP50.3%
Dodge & Cox US Stk44.3%
Oyster US Selection41.3%
...more in FO Equity - USA

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.2%7.2%6.3%12.6%--
Sector-1.2%3.5%8.2%15.1%21.7%60.2%
Rank within sector27 / 21915 / 218166 / 213157 / 205--
Quartile1st1st4th4th
Calendar performance
 YTD - 20172016201520142013
Fund8.9%----
Sector4.3%8.9%-1.6%10.7%31.8%
Rank within sector11 / 218----
Quartile1st
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
-
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
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Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
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Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
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Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
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R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
-
Price movement
52 week high49.6
52 week low41.89
Current bid price-
Current offer price-
Current mid price48.89
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
No data available.
Fund manager company
La Francaise AM
Fund type
Offshore Fund
Fund objective
Primarily invests in growth equity securities of U.S. large cap companies identified through our fundamental research as demonstrating promising growth potential.
Benchmark
No data available.
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Ankur Crawford01/06/2016Ankur Crawford is Senior Vice President and Co-Portfolio Manager of the Alger Mid Cap funds. She is also Senior Analyst covering the technology and semiconductor industries. She joined Alger in September 2004 and has seven years of investment industry experience. Prior to joining Alger, she earned a Ph.D. in Materials Science and Engineering from Stanford University. Previously, she worked as an engineer with Intel Corp. and a summer analyst with Merrill Lynch. She graduated from the University of California, Berkeley, with a B.S. in Mechanical Engineering and a B.S. in Materials Science and Engineering.
Patrick Kelly26/01/2016Patrick Kelly is Senior Vice President and Manager of Alger's capital appreciation portfolio. Patrick began his career as an investment banking analyst with SG Cowen in 1997 and joined Alger in 1999 as a Research Associate beginning with the in-house training and Chartered Financial Analyst program. In early 2001, Patrick was promoted to Associate Analyst and Assistant Vice President, and in September of 2001 he was promoted to Senior Analyst. As a Senior Analyst, he is responsible for the Internet. Patrick was named Portfolio Manager of Alger's capital appreciation portfolios in September 2004. Patrick graduated with honors from Georgetown University in 1997.
Compliance
Transparent for Austrian Tax, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Italy, Luxembourg, Netherlands, Offshore, Portugal, Singapore, Sweden
Alger American Asset Growth A EUH
Initial charge6%
Annual charge1.75%
Min single investment£100
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price48.89
CurrencyEUR
Price updated22/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN32J
Alger American Asset Growth I EUH
Initial charge-
Annual charge0.85%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price54.38
CurrencyEUR
Price updated22/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN32F
Alger American Asset Growth I-4 EUH
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price53.84
CurrencyEUR
Price updated22/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN32I
Alger American Asset Growth I-4 US
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price59.77
CurrencyUSD
Price updated22/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN32G
Alger American Asset Growth I-4EU
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price55.36
CurrencyEUR
Price updated22/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN32H
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.