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AAEMX Alger Emerging Markets A

  • Fund
  • AAEMX
  • Price as of: Jul 19, 2018
  • $10.25
  • - $0.10
  • - 0.97%
  • Category
  • Emerging Markets Equities

AAEMX - Profile

Vitals

  • YTD Return -9.5%
  • 3 Yr Annualized Return 4.4%
  • 5 Yr Annualized Return 4.7%
  • Net Assets $60.1 M
  • Holdings in Top 10 27.6%

52 WEEK LOW AND HIGH

$10.25
$10.10
$12.29

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.05%

SALES FEES

  • Front Load 5.25%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 71.95%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$500

Investment Themes

CATEGORY

Emerging Markets Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Diversified Emerging Mkts

Distributions

  • YTD Total Return -9.5%
  • 3 Yr Annualized Total Return 2.5%
  • 5 Yr Annualized Total Return 3.6%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.05%
DIVIDENDS
  • Dividend Yield N/A
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Alger Emerging Markets Fund
  • Fund Family Name Alger
  • Inception Date Dec 29, 2010
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Deborah Velez Medenica

Fund Description

The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities, including common stocks, American Depositary Receipts and Global Depositary Receipts, of emerging country issuers. It generally invests in at least three emerging countries, and, at times, may invest a substantial portion of its assets in a single emerging country. The fund may invest in companies of any market capitalization, from larger, well-established companies to small, emerging growth companies.

AAEMX - Performance

Return Ranking - Trailing

Period AAEMX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -9.5% -100.0% 38.1% 73.54% 4
1 Yr 4.9% -38.0% 57.7% 59.30% 3
3 Yr 4.4% * -13.2% 10.9% 54.98% 3
5 Yr 4.7% * -11.8% 15.3% 42.71% 3
10 Yr N/A * -4.6% 7.0% N/A N/A

* Annualized


Return Ranking - Calendar

Period AAEMX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 33.8% -32.2% 248.4% 43.95% 3
2016 2.4% -40.7% 241.4% 63.67% 4
2015 -7.7% -47.4% 0.1% 14.19% 1
2014 -5.0% -40.7% 42.6% 51.33% 3
2013 4.3% -30.3% 32.4% 21.85% 2

Total Return Ranking - Trailing

Period AAEMX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -9.5% -100.0% 38.1% 74.00% 4
1 Yr -0.6% -25.4% 55.8% 76.32% 4
3 Yr 2.5% * -11.1% 10.9% 70.26% 4
5 Yr 3.6% * -12.2% 15.3% 61.28% 4
10 Yr N/A * -4.6% 7.0% N/A N/A

* Annualized


Total Return Ranking - Calendar

Period AAEMX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 33.8% -24.1% 248.4% 44.15% 3
2016 2.4% -24.0% 242.0% 67.09% 4
2015 -7.7% -24.6% 2.8% 20.33% 2
2014 -5.0% -17.4% 60.9% 74.71% 4
2013 4.3% -36.9% 60.9% 24.72% 2

NAV & Total Return History

AAEMX - Holdings

Filings data as of: Apr 30, 2018

Concentration Analysis

AAEMX Category Low Category High AAEMX % Rank Quintile
Net Assets 60.1 M 272 82.9 B 26.67% 4
Number of Holdings 100 1 5068 15.65% 3
Net Assets in Top 10 20.1 M -64.6 M 16.5 B 26.38% 4
Weighting of Top 10 27.6% 0.0% 455.5% 20.43% 3

Top 10 Holdings

  1. Tencent Holdings Ltd 6.03%
  2. Naspers Ltd Class N 2.97%
  3. HDFC Bank Ltd 1.49%
  4. Alibaba Group Holding Ltd ADR 5.25%
  5. China Construction Bank Corp H 2.09%
  6. Ping An Insurance (Group) Co. of China Ltd H 1.82%
  7. Taiwan Semiconductor Manufacturing Co Ltd 3.79%
  8. Hotel Shilla Co Ltd 1.45%
  9. Petroleo Brasileiro SA Petrobras Participating Preferred 1.37%
  10. China Petroleum & Chemical Corp H Shares 1.36%

Asset Allocation

Weighting Category Low Category High AAEMX % Rank Quintile
Stocks
96.97% 0.00% 101.44% 11.30% 2
Cash
2.96% -68.34% 100.00% 13.62% 3
Other
0.07% -1.53% 31.18% 19.86% 4
Preferred Stocks
0.00% 0.00% 14.58% 10.00% 5
Convertible Bonds
0.00% 0.00% 12.09% 2.90% 5
Bonds
0.00% -21.74% 97.21% 7.10% 5

Stock Sector Breakdown

Weighting Category Low Category High AAEMX % Rank Quintile
Financial Services
25.44% 0.00% 48.80% 8.56% 2
Technology
20.89% 0.00% 38.10% 17.56% 3
Consumer Cyclical
15.86% 0.00% 34.18% 8.27% 2
Basic Materials
10.32% 0.00% 18.53% 5.37% 1
Consumer Defense
8.36% 0.00% 47.43% 14.22% 3
Industrials
5.61% 0.00% 27.34% 17.71% 3
Energy
5.45% 0.00% 21.08% 13.93% 3
Healthcare
4.50% 0.00% 15.59% 10.30% 2
Utilities
0.53% 0.00% 57.64% 21.34% 4
Real Estate
0.00% 0.00% 8.88% 25.40% 5
Communication Services
0.00% 0.00% 20.02% 27.14% 5

Stock Geographic Breakdown

Weighting Category Low Category High AAEMX % Rank Quintile
Non US
96.97% 0.00% 100.53% 7.25% 2
US
0.00% -3.75% 100.54% 19.71% 5

AAEMX - Expenses

Operational Fees

AAEMX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 2.05% 0.06% 935.74% 19.04% 4
Management Fee 0.75% 0.00% 2.00% 7.39% 2
12b-1 Fee 0.25% 0.00% 1.00% 3.33% 3
Administrative Fee 0.03% 0.00% 0.85% 8.40% 1

Sales Fees

AAEMX Fees (% of AUM) Category Low Category High AAEMX Rank Quintile
Front Load 5.25% 0.50% 5.75% 2.24% 2
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

AAEMX Fees (% of AUM) Category Low Category High AAEMX Rank Quintile
Max Redemption Fee 2.00% 0.45% 2.00% 0.41% 5

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

AAEMX Fees (% of AUM) Category Low Category High AAEMX Rank Quintile
Turnover 71.95% 0.00% 947.00% 8.87% 4

AAEMX - Distributions

Dividend Yield Analysis

AAEMX Category Low Category High AAEMX % Rank Quintile
Dividend Yield N/A 0.00% 3.80% N/A N/A

Dividend Distribution Analysis

AAEMX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

AAEMX Category Low Category High AAEMX % Rank Quintile
Net Income Ratio 0.05% -1.60% 5.89% 35.32% 5

Capital Gain Distribution Analysis

AAEMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency N/A Annually Quarterly Annually

AAEMX - Managers

Deborah Velez Medenica

Manager

Start Date

Dec 29, 2010

Tenure

7.51

Tenure Rank

5.1%

Ms. Medenica joined AIG Investments in 1997 and the Global Equity Team in 1999. As Managing Director, she is responsible for all emerging market equity investment activities. From 1997 to 1999, she was an investment analyst managing AIG Investments’ on-shore insurance assets in Central America, Mexico, and the Caribbean. Prior to joining AIG Investments, she was an analyst with Baring Asset Management, an Associate with Cambridge Associates and a senior analyst at TD Bank. She is a CFA charterholder.


Tenure Analysis

Category Low

0.0

Category High

24.6

Category Average

5.63

Category Mode

3.5