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ALTFX

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1d
1w
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Analysis and statistics

  • Open
    150.8507$
  • Previous Close
    150.8507$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

ALTFX.US refers to the Alger Focus Equity Fund Class I. It is a mutual fund offered by Alger that primarily invests in a concentrated portfolio of U.S. companies believed to have above-average growth potential. The fund seeks long-term capital appreciation by focusing on a smaller number of holdings compared to more diversified equity funds. Investors should carefully review the fund's prospectus for detailed information regarding investment objectives, strategies, risks, fees, and expenses before investing.
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Factors

Market Interest Rates: Rising rates typically decrease fund prices as fixed-income investments become less attractive.

Credit Spreads: Wider spreads, reflecting increased risk, can lower fund values, especially those holding corporate bonds.

Economic Growth: Strong growth may increase fund prices if it improves the outlook for underlying investments.

Inflation Expectations: Higher inflation can erode fixed income values, negatively impacting fund prices.

Investor Sentiment: Positive sentiment can drive inflows, raising prices; negative sentiment can trigger selloffs and price declines.

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