Alger Small Cap Focus manager Amy Zhang is still a worthy draw, but a few weak spots drop its Process Pillar rating to Above Average from High. Its U.S. mutual fund earns Morningstar Analyst Ratings of Silver or Bronze, depending on fees; its Luxembourg version gets a Bronze rating across its share classes. The strategy is closed to most new investors.
Will AOFIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AOFIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the AOFIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of AOFIX’s parent organization’s priorities and whether they’re in line with investors’ interests.