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What is Alger spectra fund (Specx)?

loading... Alger Spectra Fund (SPECX). Primarily invests in growth equity securities of U.S. companies identified through our fundamental research as demonstrating promising growth potential, and engages in short selling (up to approximately 10% of the market value of the portfolio). Seeks long-term capital appreciation.

Is Alger spectra fund a good investment?

Alger Spectra Fund has an expense ratio of 1.51 percent. Investing in stocks can be risky due to the performance of markets in general and factors impacting individual holdings specifically. Active managers may underperform their peers or even lose money if their investment style doesn’t fare well in the current market environment.

Does Alger spectra have a growth strategy?

A much-needed bounceback. Alger Spectra’s seasoned managers give this growth strategy some appeal, but that’s reduced by its fees. There is no growth data available. There is no investment objective & strategy data available. Transparency is our policy. Learn how it impacts everything we do

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