Alger Responsible Investing Fund Quote
| AGIFX Fund | USD 16.78 0.04 0.24% |
PerformanceVery Weak
| Odds Of DistressLow
|
Alger Responsible is trading at 16.78 as of the 23rd of March 2025; that is 0.24 percent increase since the beginning of the trading day. The fund's open price was 16.74. Alger Responsible 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. The performance scores are derived for the period starting the 23rd of December 2024 and ending today, the 23rd of March 2025. 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 of companies of any size with an environmental, social and governance rating of average or above by a third-party ESG rating agency that also demonstrate, in the view of the Manager, promising growth potential.. More on Alger Responsible Investing
Moving together with Alger Mutual Fund
Alger Mutual Fund Highlights
| Fund Concentration | Alger Funds, Large Growth Funds, Large Growth, Alger (View all Sectors) |
| Update Date | 31st of March 2025 |
Alger Responsible Investing [AGIFX] is traded in USA and was established 23rd of March 2025. Alger Responsible is listed under Alger category by Fama And French industry classification. The fund is listed under Large Growth category and is part of Alger family. This fund presently has accumulated 68.16 M in assets under management (AUM) with no minimum investment requirementsAlger Responsible is currently producing year-to-date (YTD) return of 1.72%, while the total return for the last 3 years was 11.26%.
Check Alger Responsible 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 Responsible Investing 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 Responsible Investing Mutual Fund Constituents
| ADSK | Autodesk | Stock | Information Technology | |
| HD | Home Depot | Stock | Consumer Discretionary | |
| VRTX | Vertex Pharmaceuticals | Stock | Health Care | |
| V | Visa Class A | Stock | Financials | |
| PYPL | PayPal Holdings | Stock | Financials | |
| NVDA | NVIDIA | Stock | Information Technology | |
| MSFT | Microsoft | Stock | Information Technology | |
| LRCX | Lam Research Corp | Stock | Information Technology |
Alger Responsible Risk Profiles
| Mean Deviation | 1.16 | |||
| Standard Deviation | 1.51 | |||
| Variance | 2.29 | |||
| Risk Adjusted Performance | (0.08) |
Alger Responsible Against Markets
Other Information on Investing in Alger Mutual Fund
Alger Responsible 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 Responsible security.
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |