Alger Dynamic Opportunities Fund Class Z (ADOZX)

Overview

This fund is designed for investors looking to diversify their investment portfolio through a mix of U.S. and international equity securities. With a focus on both developed and emerging markets, the fund aims to provide growth by investing in a variety of equity securities, including common stocks, preferred stocks, and convertible securities. It has the flexibility to invest in companies of any size, from large-cap to small-cap, and the ability to engage in investments in unlisted equity securities, giving investors broad exposure to the global equity market. The fund’s strategy reflects a willingness to leverage opportunities both within the U.S. and abroad, targeting both established and growing companies in a variety of sectors.

Products and Services

• U.S. Equity Securities

  Investing primarily in common stocks, preferred stocks, and convertible securities of U.S. companies, the fund offers investors exposure to the American market's growth potential. This includes a range of sectors and industries, allowing investors to benefit from the diverse economic landscape of the U.S.

• Foreign Equity Securities

  The fund extends its investment reach beyond the U.S. by engaging in foreign equity securities. This encompasses investments in both developed and emerging markets worldwide, offering a global growth perspective and the opportunity to capitalize on international market trends.

• Small Capitalization Companies

  A portion of the fund's assets may be allocated to small capitalization companies. This investment strategy aims to capture the growth potential and agility of smaller companies, which may present higher growth opportunities albeit with potentially increased volatility and risk.

• Unlisted Equity Securities

  In seeking growth opportunities, the fund is not limited to investing in securities listed on an exchange. It may also invest a portion of its assets in equity securities that are not publicly traded. This allows the fund to explore a wider range of investment opportunities, including early-stage companies with high growth potential.

• Foreign Securities

  Beyond listed foreign companies, the fund may invest in a broader array of foreign securities, diversifying across multiple regions and economies. This includes not just equities but also convertible and preferred stocks in various markets, broadening the investment landscape for fund participants.