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SPEDX Alger Dynamic Opportunities A

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Fund SPEDX Alger Dynamic Opportunities A HHQAX Hancock Horizon Quant Long/Short Inv  
100% 89%
Annual Fees
(1.76% Exp. Ratio)
(1.67% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 3.89% annual return
$18,419.32 $18,932.33
Est. savings over 30 yrs +$513.01
As of 12/31/16
1 YR RETURN -0.26%
3 YR 1.83%
5 YR 6.39%
10 YR --
1 YR RETURN 3.31%
3 YR 3.97%
5 YR 8.74%
10 YR --
The investment seeks long-term capital appreciation. The fund invests in a portfolio of U.S. and foreign equity securities (common stocks, preferred stocks and convertible securities). It may invest a portion of its assets in securities issued by small capitalization companies. The fund may also invest a portion of its assets in equity securities not listed on an exchange. It can invest in foreign securities. The fund is non-diversified.
The investment seeks long-term capital appreciation. The fund seeks long-term capital appreciation by taking long and short positions in equity securities of publicly-traded companies in the United States. Using a quantitative model developed by the Adviser, it buys stocks "long" that the Adviser believes are undervalued relative to their peers, and sells stocks "short" that the Adviser believes are overvalued relative to their peers. The fund typically maintains a net long exposure of approximately 45-115% and the Adviser expects that, on average, 0-35% of its assets will be sold "short."

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

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