Fact sheet: Alger American Asset Growth

Fund information
Fund name
Alger American Asset Growth A
Fund manager company
FundRock Management Company S.
Fund type
Offshore Fund
Fund managers
  • Ankur Crawfordsince 31/05/2015
  • Patrick Kellysince 13/07/1999
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
  • Russell 1000 Growth
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
-1.8%
1 Year rank in sector
188/207
Sector
FO Equity - USA
Yield
-
Fund size
£565m (£569m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
118
Top in this sector
Fund name1 Year
Dodge & Cox US Stk45.2%
Wells Fargo WW US SelEqt40.6%
GAM Star Gamco US Eq40.1%
Oyster US Selection39.7%
Hermes US SMID Equity38.7%
...more in FO Equity - USA

Performance snapshot

Holdings snapshot

  • USA100%
  • Information Technology35.8%
    Health Care20.2%
    Consumer Discretionary19%
    Industrials9.8%
    Consumer Staples7.4%
  • US Equities100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%-1.3%0.6%-1.8%20.6%84.1%
Sector5.8%3.4%6.7%7.6%21.4%73.7%
Rank within sector198 / 219192 / 218190 / 213188 / 20799 / 17671 / 146
Quartile4th4th4th4th3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund-1.4%5.2%12.9%33.3%16.9%
Sector8.8%-1.6%10.7%31.8%10.2%
Rank within sector194 / 20937 / 19253 / 17763 / 16115 / 148
Quartile4th1st2nd2nd1st
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.
0.25
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.
1
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.
0.21
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%.
12.38
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.
5.58
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.
0.01
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.
0.79
Price movement
52 week high51.33
52 week low43.37
Current bid price-
Current offer price-
Current mid price50.18
Region
1USA100%
Industry sector
1Information Technology35.78%
2Health Care20.21%
3Consumer Discretionary19.03%
4Industrials9.8%
5Consumer Staples7.4%
6Financials3.36%
7Energy2%
8Telecommunications Utilities1.28%
9Materials1.14%
Asset type
1US Equities100%
Individual holdings
1ALPHABET INC. CLASS C7.91%
2APPLE INC5.6%
3AMAZON.COM INC5.57%
4MICROSOFT CORP4.98%
5FACEBOOK INC4.92%
6HONEYWELL INTERNATIONAL INC3.82%
7VISA INC3.57%
8ALLERGAN PLC2.8%
9UNITEDHEALTH GROUP INC2.4%
Management
Fund manager group
RBS
Fund manager company
FundRock Management Company S.
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
  • Russell 1000 Growth
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Ankur Crawford31/05/2015Ankur 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 Kelly13/07/1999Patrick 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, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, 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
Initial charge6%
Annual charge1.75%
Min single investment£100
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.12%
Bid price-
Offer price-
Mid price50.18
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFK47
Alger American Asset Growth A EUR
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 price46.37
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMK7J
Alger American Asset Growth I
Initial charge-
Annual charge0.85%
Min single investment£100,000
Min regular saving£3,000,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.18%
Bid price-
Offer price-
Mid price55.52
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDPU0
Alger American Asset Growth I EUR
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 price51.39
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMK7N
Alger American Asset Growth I-2
Initial charge-
Annual charge0.65%
Min single investment£100,000,000
Min regular saving£25,000,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price55.49
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3CE
Alger American Asset Growth I-2 EUR
Initial charge-
Annual charge0.65%
Min single investment£100,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price51.46
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMK7L
Alger American Asset Growth I-3
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 price54.92
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKAIO
Alger American Asset Growth I-3 EUR
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 price50.84
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMK7M
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.