Alger Ai is trading at 11.63 as of the 19th of March 2025; that is 2.84% down since the beginning of the trading day. The fund's open price was 11.97. Alger Ai has less than a 10 % chance of experiencing some 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 19th of December 2024 and ending today, the 19th 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 [AIFAX] is traded in USA and was established 19th 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. This fund presently has accumulated 3.92 M in assets under management (AUM) with minimum initial investment of 1 K. Alger Ai Enablers is currently producing year-to-date (YTD) return of 12.64%, while the total return for the last 3 years was 10.63%.
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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.