AFGIX Fees and Costs — Alger Global Equity Fund, Class I
Data updated: 2026-09-25
The net expense ratio is 1.20%: a 0.80% management fee, a 0.25% 12b-1 fee plus 1.18% other expenses, less a 1.03% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $30K in broker commissions, 0.1419% of average net assets, and portfolio turnover was 87%.
AFGIX Fees and Expenses
Annual operating expenses and sales charges of AFGIX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.25% |
| Other expenses | 1.18% |
| Gross expense ratio | 2.23% |
| Fee waiver | −1.03% |
| Net expense ratio | 1.20% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
AFGIX Costs Over Time
On $10,000 invested in AFGIX, assuming 5% a year before costs, total costs come to $834 over 5 years, cutting the return by 1.41% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.20%) | $126 | $392 | $677 |
| Trading costs (broker commissions) | $15 | $46 | $80 |
| Lost growth on money paid in costs | $0 | $22 | $77 |
| Total costs | $141 | $460 | $834 |
| Value after costs | $10,359 | $11,116 | $11,929 |
| Impact on return, per year | 1.41% | 1.41% | 1.41% |
AFGIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.1419%
- Total broker commissions: $30K
- Bought from dealers (principal trades, not a cost): $1
- Portfolio turnover (prospectus): 87%
- Securities lending: none during the year
AFGIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| TOURMALINE PARTNERS, LLC | $19K | 63.56% |
| CLSA LIMITED | $10K | 33.79% |
| Jefferies & Company Inc | $440 | 1.45% |
| STIFEL, NICOLAUS & CO INC | $279 | 0.92% |
| PIPER SANDLER & CO. | $86 | 0.28% |
| RBC DOMINION SECURITIES INC | $2 | 0.01% |
AFGIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Prosetta Biosciences, Inc. | $1 | 100.00% |
Alger Global Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| AFGZX | Class Z | 0.99% | — |
| AFGIX | Class I | 1.20% | — |
| CHUSX | Class A | 1.20% | 5.25% |
| CHUCX | Class C | 2.25% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.