Alger Emerging Markets Fund Quote
| AAEMX Fund | USD 10.79 0.06 0.55% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Alger Emerging is trading at 10.79 as of the 29th of November 2024; that is 0.55% down since the beginning of the trading day. The fund's open price was 10.85. Alger Emerging has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Alger Emerging Markets are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of June 2024 and ending today, the 29th of November 2024. Click here to learn more.
The fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities, including common stocks, American Depositary Receipts and Global Depositary Receipts, of emerging country issuers. It generally invests in at least three emerging countries, and, at times, may invest a substantial portion of its assets in a single emerging country. More on Alger Emerging Markets
Alger Mutual Fund Highlights
| Fund Concentration | Alger Funds, Large Growth Funds, Diversified Emerging Mkts Funds, Diversified Emerging Mkts, Alger (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 6th of April 2023 |
| Fiscal Year End | October |
Alger Emerging Markets [AAEMX] is traded in USA and was established 29th of November 2024. Alger Emerging is listed under Alger category by Fama And French industry classification. The fund is listed under Diversified Emerging Mkts category and is part of Alger family. This fund presently has accumulated 22.95 M in assets under management (AUM) with no minimum investment requirementsAlger Emerging Markets is currently producing year-to-date (YTD) return of 7.92%, while the total return for the last 3 years was -7.84%.
Check Alger Emerging Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Alger Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Alger Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Alger Emerging Markets Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Alger Emerging Markets Mutual Fund Constituents
| BAP | Credicorp | Stock | Financials | |
| BBCA | JPMorgan BetaBuilders Canada | Etf | Miscellaneous Region | |
| BABA | Alibaba Group Holding | Stock | Consumer Discretionary | |
| CICHF | China Construction Bank | Pink Sheet | Banks—Diversified | |
| EDU | New Oriental Education | Stock | Consumer Discretionary | |
| EPAM | EPAM Systems | Stock | Information Technology | |
| FIVE | Five Below | Stock | Consumer Discretionary | |
| JD | JD Inc Adr | Stock | Consumer Discretionary |
Alger Emerging Markets Risk Profiles
| Mean Deviation | 0.6299 | |||
| Standard Deviation | 0.8741 | |||
| Variance | 0.764 | |||
| Risk Adjusted Performance | (0.02) |
Alger Emerging Against Markets
Other Information on Investing in Alger Mutual Fund
Alger Emerging financial ratios help investors to determine whether Alger Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Alger with respect to the benefits of owning Alger Emerging security.
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