Alger Focus Equity Fund Class I
The primary objective of this fund is to achieve substantial growth in capital over the long term. To accomplish this, the fund's advisor typically allocates a significant portion of its assets to a concentrated number of individual companies. Furthermore, the portfolio may specialize its investments within a limited selection of business sectors or industries. While the portfolio generally comprises around 50 individual holdings, this figure is not rigid and can be surpassed periodically due to various strategic considerations. The fund managers also maintain the flexibility to frequently adjust the portfolio's security positions through active trading.
Nvidia ($NVDA) stock continued to decline on Friday amid investor concerns about the leadership transition after Jensen Huang stepped down as the semiconductor company’s CEO. Huang admitted that he had an affair
| Name | Weight % |
|---|---|
| NVDANvidia Corporation | 13.46% |
| MSFTMicrosoft | 7.63% |
| GOOGAlphabet Inc. Class C | 5.96% |
| TSMTaiwan Semiconductor Manufacturing Company Limited | 5.05% |
| AMZNAmazon.Com, Inc. | 4.59% |
| WDCWestern Digital Corp. | 4.27% |
| AVGOBroadcom Inc. | 4.14% |
| AAPLApple Inc | 4.07% |
| METAMeta Platforms, Inc. | 3.52% |
| NBISNebius Group N.V. | 3.34% |
| Total | 56.02% |
No data currently available
