TCOM - Alger International Opportunities Fund Q4 2024 Commentary
2025-03-03 15:24:00 ET
Summary
- Class A shares of the Alger International Opportunities Fund outperformed the MSCI AC World Index ex USA during the fourth quarter of 2024.
- During the quarter, the MSCI ACWI Index ex USA fell 7.50%. The Health Care and Materials sectors outperformed the index, while the Real Estate and Information Technology sectors underperformed.
- International equity markets declined across most regions, with notable weakness in Europe and emerging markets.
Average Annual Total Returns (%) (as of 12/31/24)
QTR |
YTD |
1 Year |
3 Years |
5 Years |
10 Years |
Class A (Incepted 12/31/96) Without Sales Charge |
-5.91 |
5.24 |
5.24 |
-5.00 |
5.95 |
5.01 |
With Sales Charge |
-10.87 |
-0.27 |
-0.27 |
-6.69 |
4.80 |
4.44 |
MSCI ACWI ex USA Index |
-7.50 |
6.09 |
6.09 |
1.35 |
4.61 |
5.31 |