ASIMX Fees and Costs — Alger Weatherbie Specialized Growth Fund, Class I
Data updated: 2026-09-25
The net expense ratio is 1.34%: a 0.81% management fee, a 0.25% 12b-1 fee plus 0.28% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $556K in broker commissions, 0.1388% of average net assets, and portfolio turnover was 69%.
ASIMX Fees and Expenses
Annual operating expenses and sales charges of ASIMX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.81% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.28% |
| Gross expense ratio | 1.34% |
| Fee waiver | — |
| Net expense ratio | 1.34% |
| 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 |
ASIMX Costs Over Time
On $10,000 invested in ASIMX, assuming 5% a year before costs, total costs come to $916 over 5 years, cutting the return by 1.55% 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 1.34%) | $141 | $437 | $754 |
| Trading costs (broker commissions) | $15 | $45 | $78 |
| Lost growth on money paid in costs | $0 | $24 | $84 |
| Total costs | $155 | $506 | $916 |
| Value after costs | $10,345 | $11,070 | $11,847 |
| Impact on return, per year | 1.55% | 1.55% | 1.55% |
ASIMX 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): 0.1388%
- Total broker commissions: $556K
- Bought from dealers (principal trades, not a cost): $1.7M
- Portfolio turnover (prospectus): 69%
- Securities lending: none during the year
ASIMX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $153K | 29.88% |
| RBC CAPITAL MARKETS, LLC | $83K | 16.30% |
| Pershing LLC | $59K | 11.49% |
| GOLDMAN SACHS & CO. LLC | $51K | 10.03% |
| WILLIAM BLAIR & COMPANY, L.L.C. | $47K | 9.20% |
| Raymond James & Associates, Inc. | $27K | 5.21% |
| JEFFERIES LLC | $27K | 5.18% |
| STIFEL, NICOLAUS & CO INC | $26K | 5.06% |
| OPPENHEIMER & CO. INC. | $20K | 3.96% |
| NATIONAL FINANCIAL SERVICES LLC | $19K | 3.69% |
ASIMX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JEFFERIES LLC | $900K | 51.75% |
| EVERCORE GROUP L.L.C. | $700K | 40.27% |
| J.P. Morgan Securities LLC | $99K | 5.67% |
| MORGAN STANLEY & CO. LLC | $40K | 2.31% |
| Prosetta Biosciences, Inc. | $4 | 0.00% |
Alger Weatherbie Specialized Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| ASYMX | Class Y | 0.88% | — |
| ASMZX | Class Z | 0.96% | — |
| ALMAX | Class A | 1.30% | 5.25% |
| ASIMX | Class I | 1.34% | — |
| ALMCX | 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.