AIGIX Fees and Costs — Alger International Opportunities Fund, Class I
Data updated: 2026-09-25
The net expense ratio is 1.27%: a 0.71% management fee, a 0.25% 12b-1 fee plus 0.31% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $384K in broker commissions, 0.2434% of average net assets, and portfolio turnover was 92%.
AIGIX Fees and Expenses
Annual operating expenses and sales charges of AIGIX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.71% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.31% |
| Gross expense ratio | 1.27% |
| Fee waiver | — |
| Net expense ratio | 1.27% |
| 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 |
AIGIX Costs Over Time
On $10,000 invested in AIGIX, assuming 5% a year before costs, total costs come to $937 over 5 years, cutting the return by 1.59% 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 1.27%) | $133 | $414 | $714 |
| Trading costs (broker commissions) | $26 | $79 | $137 |
| Lost growth on money paid in costs | $0 | $25 | $86 |
| Total costs | $159 | $518 | $937 |
| Value after costs | $10,341 | $11,059 | $11,826 |
| Impact on return, per year | 1.59% | 1.59% | 1.59% |
AIGIX 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): 0.2434%
- Total broker commissions: $384K
- Bought from dealers (principal trades, not a cost): $11K
- Portfolio turnover (prospectus): 92%
- Securities lending: none during the year
AIGIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $265K | 66.57% |
| CLSA LIMITED | $116K | 29.20% |
| Financial Brokerage Group | $8K | 1.99% |
| BERENBERG BANK | $5K | 1.15% |
| Instinet LLC | $3K | 0.74% |
| Pershing LLC | $560 | 0.14% |
| RBC DOMINION SECURITIES INC | $394 | 0.10% |
| ROBERT W. BAIRD & CO. INC. | $244 | 0.06% |
| Lloyds Securities Inc | $196 | 0.05% |
AIGIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $11K | 100.00% |
Alger International Opportunities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| ALCZX | Class Z | 0.86% | — |
| ALGAX | Class A | 1.25% | 5.25% |
| AIGIX | Class I | 1.27% | — |
| AFGPX | Class B | 1.96% | none |
| ALGCX | Class C | 2.08% | 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.