Alger Named Among IBD's Best Mutual Funds of The Decade​

To be considered an “Investor’s Business Daily Funds of the Decade,” a fund company had to win 10 or more awards. Each winning fund (out of a universe of approximately 7,000 mutual funds) had to outperform its benchmark for the past 1, 3, 5, and 10 years as of 12/31/24. Alger won 12 awards in the U.S. Diversified, Growth, and Large Cap categories. Alger did not pay a fee to be included in this ranking but does pay a licensing fee for use of the 2025 Funds of the Decade logo.

The views expressed are the views of Fred Alger Management, LLC (“FAM”) and its affiliates as of July 2025. These views are subject to change at any time and may not represent the views of all portfolio management teams. These views should not be interpreted as a guarantee of the future performance of the markets, any security or any funds managed by FAM. These views are not meant to provide investment advice and should not be considered a recommendation to purchase or sell securities.

Risk Disclosures: Investing in the stock market involves risks, including the potential loss of principal. Growth stocks may be more volatile than other stocks as their prices tend to be higher in relation to their companies’ earnings and may be more sensitive to market, political, and economic developments. A significant portion of assets may be invested in securities of companies in related sectors, and may be similarly affected by economic, political, or market events and conditions and may be more vulnerable to unfavorable sector developments. Foreign securities involve special risks including currency fluctuations, inefficient trading, political and economic instability, and increased volatility. Assets may be focused in a small number of holdings, making them susceptible to risks associated with a single economic, political or regulatory event than a more diversified portfolio. Active trading may increase transaction costs, brokerage commissions, and taxes, which can lower the return on investment. At times, cash may be a larger position in the portfolio and may underperform relative to equity securities. Past performance is not indicative of future performance.

The Board of Trustees has approved a proposal to change the Alger Focus Equity Fund from a diversified company to a non-diversified company and to eliminate the Fund’s related fundamental investment policy on diversification, subject to shareholder approval at a meeting of shareholders, which has been adjourned until August 1, 2025.

Prior to October 15, 2018, the Alger Focus Equity Fund followed its current investment strategy, with the same portfolio managers, under the name “Alger Capital Appreciation Focus Fund.”

Alger pays compensation to third party marketers to sell various strategies to prospective investors.

Before investing, carefully consider the Fund’s investment objective, risks, charges, and expenses. For a prospectus and summary prospectus containing this and other information or for the Fund’s most recent month-end performance data, visit www.alger.com, call (800) 992-3863 or consult your financial advisor. Read the prospectus and summary prospectus carefully before investing. Distributor: Fred Alger & Company, LLC. NOT FDIC INSURED. NOT BANK GUARANTEED. MAY LOSE VALUE.

Fred Alger Management, LLC 100 Pearl Street, New York, NY, 10004 / www.alger.com / 212.806.8800 ​