ALCEX is a mutual fund that focuses on investing in large-cap value stocks in the United States. It is part of the Avantis family of funds and is classified as a G Class fund. This fund aims to provide investors with long-term capital appreciation by selecting undervalued stocks with strong fundamentals and potential for growth. With a focus on large-cap companies, ALCEX offers a diversified portfolio of established and stable companies that have the potential to outperform the market. This fund is suitable for investors looking for a conservative approach to investing in the U.S. stock market.