Alger Ai is trading at 12.53 as of the 1st of March 2025; that is 3.98% down since the beginning of the trading day. The fund's open price was 13.05. Alger Ai has about a 23 % 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. The performance scores are derived for the period starting the 12th of March 2023 and ending today, the 1st of March 2025. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies of any market capitalization that the advisor believes will benefit from artificial intelligence , demonstrate promising growth potential, and are companies where AI can play a material role in potentially driving stock price performance over the next twelve to thirty-six months. More on Alger Ai Enablers
Alger Ai Enablers [AAIZX] is traded in USA and was established 1st of March 2025. Alger Ai is listed under Alger category by Fama And French industry classification. The fund is listed under Technology category and is part of Alger family. Alger Ai Enablers presently has accumulated 3.92 M in assets under management (AUM) with no minimum investment requirements
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Other Information on Investing in Alger Mutual Fund
Alger Ai 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 Ai security.