Alger International Opportunities Fund Q4 2024 Commentary
Source: SeekingAlpha
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 |
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Alger International Opportunities Fund Q4 2024 Commentary
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