The Alger Capital Appreciation Fund Class A (ACAAX) is a mutual fund that seeks long-term capital appreciation by investing in a diversified portfolio of growth-oriented stocks. The fund is managed by Alger, a leading investment management firm known for its focus on growth investing. With a focus on companies with strong growth potential, the fund aims to provide investors with exposure to high-growth sectors and companies that have the potential to outperform the market. The Class A shares of the fund have a lower expense ratio and are suitable for individual investors looking for long-term capital appreciation.
For Mutual Funds, the calculations for the Smart Score, Analyst Consensus, Price Target, Blogger Sentiment, News Sentiment and Insider Transactions are based on the weighted average of the Mutual Fund's holdings and some additional factors. Hedge Fund Trend, Crowd Wisdom and Technicals are based on the actual Mutual Fund ticker.