ALOAX – Alger Mid Cap Focus A Investment Strategy | Morningstar

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Strategy

The investment seeks long-term capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of mid-cap companies. In addition, under normal market conditions, it invests at least 25% of its total assets in companies in the following group of industries: Health Care Equipment & Supplies, Health Care Technology, Biotechnology, Life Sciences Tools & Services, and/or Software, as defined by third party sources. The fund may have 25% or more of its total assets invested in any one of these industries. It is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
AFOZX	Alger Mid Cap Focus Fund Class Z	Institutional	Open			Jun 14, 2019	$329.33M	0.820%	Average	$500,000	−$4.18M
AFOIX	Alger Mid Cap Focus Fund Class I	Institutional	Open			Jun 14, 2019	$7.53M	1.150%	High	$0	−$331,217.25
ALOYX	Alger Mid Cap Focus Fund Class Y	Institutional	Open			Feb 26, 2021	$4.19M	0.740%	Below Average	$500,000	$67,709.83
ALOAX	Alger Mid Cap Focus Fund Class A	Front Load	Open			Jul 29, 2021	$13.47M	1.150%	Average	$1,000	$2.36M
ALOCX	Alger Mid Cap Focus Fund Class C	Level Load	Open			Jul 29, 2021	$5.13M	1.920%	Average	$1,000	$500,155.47

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