Fund info

The Alger Weatherbie Enduring Growth Fund is a mutual fund designed to capitalize on long-term growth opportunities by investing in small and mid-capitalization equities. Its primary function is to seek capital appreciation by targeting businesses that demonstrate high potential for sustainable growth. The fund is actively managed with a specific focus on enduring growth companies, meaning those with solid fundamentals, strong management teams, and competitive advantages within their industries. Notable features of the fund include its emphasis on identifying companies through a rigorous research process that considers industry position, innovation capacity, and potential for market leadership. Sector-wise, it predominantly impacts technology, healthcare, and consumer discretionary markets, given the high-growth potential present in these areas. Its market significance is underscored by its role in providing investors access to rapidly evolving businesses that are not yet large-cap but have the potential to become industry leaders. By offering exposure to this dynamic segment of the market, the Alger Weatherbie Enduring Growth Fund plays an important role in the diversification strategies of investors pursuing growth-oriented portfolios.