Alger SMid Cap Focus Fund - Keywords

 

INVESTMENT FOCUS

  • Innovators and Disruptors
  • Smid Cap Strategy
  • Growth and Quality
  • Small-Cap and Mid-Cap Growth

INVESTMENT PHILOSOPHY

  • Underlying Earnings and Earnings Growth Drive Performance
  • Opportunity in Small Caps
  • Finding Quality Growth

INVESTMENT PROCESS

  • Bottom-Up Selection
  • Company-by-Company
  • Balance Sheet Analysis
  • Underappreciated Earnings Growth
  • Smid Growth
  • Earnings Power Analysis
  • Fundamental Analysis
  • Qualitative Analysis

RESEARCH PROCESS

  • Revenue Growth Models
  • Return on Capital
  • Frequent Management Contacts
  • Core Earnings Growth
  • Expected Return Calculation
  • Growth Longevity Analysis
  • Earnings Growth Factors
  • Sustainable Business Models
  • Qualitative and Quantitative Screening
  • Business and Financial Models
  • Revenue Growth
  • Return and Cost of Capital Analysis

PORTFOLIO CONSTRUCTION

  • U.S. Small Caps
  • Concentrated Portfolio
  • Alpha through Security Selection instead of Sector Allocation
  • Strict Sell Discipline
  • Team Based Process
  • Attractive PEG Ratio
  • Invest More deliberately and gradually in top names

RISK CONTROL

  • Risk Reward Analysis
  • Stock Selection Process
  • Never Compromise on Quality
  • Deep Research Driven
  • Multi-manager Approach
  • Split Between Foundation and Opportunity Growth Stocks

MISSION

  • High Conviction Ideas
  • Foundation Growth and Opportunity Growth