ALEIX Performance — Alger Weatherbie Enduring Growth Fund, Class I
Data updated: 2023-04-06
ALEIX returned −0.10% over one year to Jan 2023. Over one year the fund beat its International Mid-Cap Growth category average: $100 grew to $100, against $91 for the category. Volatility over the past 12 months was 0.26% a year. In the 12 months to Jan 2023 the fund took in a net $452K, and assets reached $4.63M.
ALEIX Growth of $100
What $100 invested in Alger Weatherbie Enduring Growth Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Mid-Cap Growth category average over the same months.
| Period | ALEIX | Category average |
|---|---|---|
| 1 year (Feb 2022 – Jan 2023) | $100 | $91 |
| Since data start (Nov 2021 – Jan 2023) | $103 | $83 |
ALEIX Trailing Returns
Total returns to Jan 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −0.10% |
ALEIX Annual Returns
Calendar-year total returns of Alger Weatherbie Enduring Growth Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Jan) | +0.08% |
| 2022 | −0.33% |
| 2021 (Nov–Dec) | +3.40% |
ALEIX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +0.1% | — | — | — | — | — | — | — | — | — | — | — |
| 2022 | −0.2% | 0.0% | 0.0% | −0.1% | −0.1% | −0.1% | +0.1% | 0.0% | −0.1% | +0.1% | +0.1% | −0.1% |
| 2021 | — | — | — | — | — | — | — | — | — | — | 0.0% | +3.4% |
ALEIX Risk
Risk measures from monthly returns over Feb 2022 – Jan 2023.
- 1-year volatility (annualised): 0.26%
- Best month: +0.08% (Jul 2022)
- Worst month: −0.14% (Apr 2022)
ALEIX Fund Flows
Monthly money in and out of Alger Weatherbie Enduring Growth Fund, from SEC Form N-PORT.
- 12-month net flow: $452K
- 12-month gross sales (incl. reinvestments): $474K
- Sales ÷ redemptions: 22.14×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jan 2023 | $0 | $0 | $0 |
| Dec 2022 | $0 | $0 | $0 |
| Nov 2022 | $0 | $0 | $0 |
| Oct 2022 | $0 | $4K | −$4K |
| Sep 2022 | $375K | $0 | $375K |
| Aug 2022 | $92K | $0 | $92K |
| Jul 2022 | $0 | $17K | −$17K |
| Jun 2022 | $0 | $0 | $0 |
| May 2022 | $0 | $0 | $0 |
| Apr 2022 | $0 | $0 | $0 |
| Mar 2022 | $0 | $0 | $0 |
| Feb 2022 | $7K | $0 | $7K |
ALEIX Assets Under Management
Net assets of Alger Weatherbie Enduring Growth Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-01-31 | $4.63M |
| 2022-10-31 | $4.45M |
| 2022-07-31 | $4.00M |
| 2022-04-30 | $4.26M |
| 2022-01-31 | $4.77M |
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.