REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 |
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Pre-Effective Amendment No. |
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Post-Effective Amendment No. 133 |
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and/or |
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REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 |
☒ |
Amendment No. 135 |
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(Check
appropriate box or boxes) |
|
360 Park Avenue South, New York, New York |
10010 |
(Address
of Principal Executive Offices) |
(Zip
Code) |
Tina Payne, Esq. Fred Alger Management, LLC 360 Park Avenue South New York, NY 10010 (Name and Address of Agent for Service) |
Copy to: Nicole M. Runyan, Esq. Proskauer Rose LLP 11 Times Square New York, NY 10036 |
☐ |
immediately upon filing pursuant to paragraph (b), or |
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on (date) pursuant to paragraph (b), or |
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60 days after filing pursuant to paragraph (a)(1), or |
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on August 1, 2021 pursuant to paragraph (a)(1), or |
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75 days after filing pursuant to paragraph (a)(2), or |
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on (date) pursuant to paragraph (a)(2) of Rule 485 |
☐ |
This post-effective amendment designates a new effective date for a previously filed post-effective amendment. |
|
Class |
Ticker Symbol |
Alger Mid Cap Focus Fund |
A
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[
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C |
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Financial Highlights |
A-1 |
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Back Cover: For
Fund Information |
|
Class A |
Class C |
Maximum sales charge (load) imposed on purchases as a % of offering price
|
5.25%
|
None
|
Maximum deferred sales charge (load) as a % of purchase price or redemption proceeds,
whichever is lower |
None*
|
1.00%
|
|
Class A |
Class C |
Management Fees** |
.63%
|
.63%
|
Distribution and/or Service (12b-1) Fees |
.25%
|
1.00%
|
Other Expenses*** |
.18% |
.19% |
Total Annual Fund Operating Expenses**** |
1.06% |
1.82% |
|
1 Year |
3 Years |
5 Years |
10 Years |
Class A |
$627 |
$845 |
$1,079 |
$1,751 |
Class C |
$285 |
$573 |
$985 |
$2,137 |
|
1 Year |
3 Years |
5 Years |
10 Years |
Class C |
$185 |
$573 |
$985 |
$2,137 |
Best Quarter: |
Q2
2020 |
36.83% |
Worst Quarter: |
Q1
2020 |
-6.68% |
|
1 Year |
Since
Inception |
Inception Date |
Class Z |
|
|
6/14/19 |
Return Before Taxes |
84.85% |
52.10% |
|
Return After Taxes on Distributions |
83.97% |
51.63% |
|
Return After Taxes on Distributions and Sale of Shares |
50.38% |
40.53% |
|
Russell Midcap Growth Index (reflects no deductions for fees,
expenses or taxes) |
35.59% |
29.17% |
|
Investment Manager |
Portfolio Manager Primarily Responsible for Day-to-Day Management of the Fund |
Fred Alger Management, LLC |
Amy Y. Zhang, CFA Executive Vice President and Portfolio Manager Since April 2019 |
Type of Account |
Initial
Investment |
Subsequent Investment |
Regular account |
$1,000 |
$50 |
Retirement Accounts (including IRAs) |
500 |
50 |
Automatic Investment |
500 |
50 |
Asset-based Fee Program Accounts |
250 |
50 |
Fund |
Portfolio Managers |
Since |
Alger Mid Cap Focus Fund |
Amy Y. Zhang, CFA |
April 2019 |
|
Class A |
Class C |
Availability |
Generally available for purchase directly from the Fund via: - Mail: Alger Family of Funds,
c/o UMB Fund Services, Inc.,
P.O. Box 2175, Milwaukee, WI
53201-2175
- Online: www.alger.com
- Telephone: 1 (800) 992-3863 Generally available through financial intermediaries. |
Generally available through financial intermediaries and group retirement plan recordkeeping platforms |
Minimum Investment |
Initial Investments Regular Account: $1,000 Retirement Accounts (including IRAs): $500 Automatic Investment: $500 Asset-based Fee Program Accounts: $250 Subsequent Investments $50 for all accounts |
Initial Investments Regular Account: $1,000 Retirement Accounts (including IRAs): $500 Automatic Investment: $500 Asset-based Fee Program Accounts: $250 Subsequent Investments $50 for all accounts |
Maximum Investment |
None |
$999,999 |
Initial Sales Charge? |
Yes. Payable at time of purchase. Lower sales charges are available for larger investments. |
No. Entire purchase price is invested in shares of the Fund. |
Deferred Sales Charge? |
No. (May be charged for purchases of $1 million or more that are redeemed within 12 months). |
Yes. Payable if you redeem within one year of purchase. |
Distribution and/or Service (12b-1) Fees? |
0.25% |
1.00% |
Redemption Fees? |
No. |
No. |
Conversion to Class A Shares? |
N/A |
Yes, automatically on the fifth business day of the month following the eighth anniversary of the purchase date. It is a financial intermediary’s responsibility to ensure that the shareholder is credited with the proper holding period. Certain financial intermediaries who hold Class C shares in an omnibus account for shareholders of group retirement plans may not track participant level aging of shares and therefore these shares may not be eligible for an automatic conversion. Shareholders who purchased Class C shares through certain financial intermediaries or group retirement plan recordkeeping platforms or whose shares are held in an omnibus account may not be eligible to participate in such Class C share conversions. |
Purchase Amount |
Sales Charge
as a % of
Offering Price |
Sales Charge
as a % of Net
Asset Value |
Dealer Allowance as a % of Offering Price |
Less than $25,000 |
5.25% |
5.54% |
5.00% |
$25,000 - $49,999 |
4.50% |
4.71% |
4.25% |
$50,000 - $99,999 |
4.00% |
4.17% |
3.75% |
$100,000 - $249,999 |
3.50% |
3.63% |
3.25% |
$250,000 - $499,999 |
2.50% |
2.56% |
2.25% |
$500,000 - $749,999 |
2.00% |
2.04% |
1.75% |
$750,000 - $999,999 |
1.50% |
1.52% |
1.25% |
$1,000,000 and over |
* |
* |
1.00% |
|
Initial
Investment |
Subsequent Investment |
Regular account |
$1,000 |
$50 |
Retirement Accounts (including IRAs) |
500 |
50 |
Automatic Investment |
500 |
50 |
Asset-based Fee Program Accounts |
250 |
50 |
Years Shares Were Held |
Contingent Deferred Sales Charge (CDSC) |
Less than one |
1% |
One or more |
0% |
|
Initial
Investment |
Subsequent Investment |
Regular account |
$1,000 |
$50 |
Retirement Accounts (including IRAs) |
500 |
50 |
Automatic Investment |
500 |
50 |
Asset-based Fee Program Accounts |
250 |
50 |
Class A |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Year 6 |
Year 7 |
Year 8 |
Year 9 |
Year 10 |
Expense Ratio |
1.06% |
1.06% |
1.06% |
1.06% |
1.06% |
1.06% |
1.06% |
1.06% |
1.06% |
1.06% |
Cumulative Gross Return |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative Net Return |
-1.31% |
2.58% |
6.62% |
10.81% |
15.18% |
19.71% |
24.42% |
29.32% |
34.41% |
39.71% |
End Investment Balance |
$ 9,848
|
$ 10,236
|
$ 10,639
|
$ 11,058
|
$ 11,494
|
$ 11,946
|
$ 12,416
|
$ 12,905
|
$ 13,413
|
$ 13,941
|
Annual Expense |
$ 627 |
$ 106 |
$ 111 |
$ 115 |
$ 120 |
$ 125 |
$ 129 |
$ 135 |
$ 140 |
$145 |
Class C |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Year 6 |
Year 7 |
Year 8 |
Year 9 |
Year 10 |
Expense Ratio |
1.82% |
1.82% |
1.82% |
1.82% |
1.82% |
1.82% |
1.82% |
1.82% |
1.82% |
1.82% |
Cumulative Gross Return |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative Net Return |
3.18% |
6.46% |
9.85% |
13.34% |
16.94% |
20.66% |
24.50% |
28.46% |
32.54% |
36.76% |
End Investment Balance |
$ 10,318
|
$ 10,646
|
$ 10,985
|
$ 11,334
|
$ 11,694
|
$ 12,066
|
$ 12,450
|
$ 12,846
|
$ 13,254
|
$ 13,676
|
Annual Expense |
$ 185 |
$ 191 |
$ 197 |
$ 203 |
$ 210 |
$ 216 |
$ 223 |
$ 230 |
$ 238 |
$245 |
Class A Shares Front-End Sales Charge Waivers Available at
Ameriprise Financial |
Employer-sponsored retirement plans (e.g., 401(k) plans, 457 plans,
employer-sponsored 403(b) plans, profit sharing and money purchase pension plans and defined benefit plans). For purposes of this provision, employer-sponsored retirement plans do not include SEP IRAs, Simple IRAs or SAR-SEPs. |
Shares purchased through reinvestment of capital gains distributions and dividend
reinvestment when purchasing shares of the same Fund (but not any other
fund within the same fund family). |
Shares exchanged from Class C shares of the same fund in the month of or following
the 7-year anniversary of the purchase date. To the extent that this
prospectus elsewhere provides for a waiver with respect to exchanges of Class C
shares or conversion of Class C shares following a shorter holding period, that waiver will apply. |
Employees and registered representatives of Ameriprise Financial or its affiliates
and their immediate family members. |
Shares purchased by or through qualified accounts (including IRAs, Coverdell
Education Savings Accounts, 401(k)s, 403(b) TSCAs subject to ERISA and
defined benefit plans) that are held by a covered family member, defined as an
Ameriprise financial advisor and/or the advisor’s spouse, advisor’s lineal ascendant (mother, father, grandmother, grandfather, great grandmother, great grandfather), advisor’s lineal descendant (son, step-son, daughter, step-
daughter, grandson, granddaughter, great grandson, great granddaughter) or any
spouse of a covered family member who is a lineal descendant. |
Shares purchased from the proceeds of redemptions within the same fund family,
provided (1) the repurchase occurs within 90 days following the
redemption, (2) the redemption and purchase occur in the same account, and (3)
redeemed shares were subject to a front-end or deferred sales load (i.e.
Rights of Reinstatement). |
Front-end Sales Load Waivers on Class A Shares available at Raymond
James |
Shares purchased in an investment advisory program. |
Shares purchased within the same fund family through a systematic reinvestment of
capital gains distributions and dividend reinvestment when purchasing
shares of the same fund (but not any other fund within the fund
family). |
Employees and registered representatives of Raymond James or its affiliates and
their family members as designated by Raymond James. |
Shares purchased from the proceeds of redemptions within the same fund family,
provided (1) the repurchase occurs within 90 days following the
redemption, (2) the redemption and purchase occur in the same account, and (3)
redeemed shares were subject to a front-end or deferred sales load (known as Rights of Reinstatement). |
A shareholder in the Fund’s Class C shares will have their shares converted at
net asset value to Class A shares (or the appropriate share class) of the Fund if the shares are no longer subject to a CDSC and the conversion is in line with the policies and procedures of Raymond James. |
CDSC Waivers on Classes A, B and C shares available at Raymond
James |
Death or disability of the shareholder. |
Shares sold as part of a systematic withdrawal plan as described in the fund’s
prospectus. |
CDSC Waivers on Classes A, B and C shares available at Raymond
James |
Return of excess contributions from an IRA Account. |
Shares sold as part of a required minimum distribution for IRA and retirement
accounts due to the shareholder reaching the qualified age based on applicable IRS regulations as described in the fund’s prospectus. |
Shares sold to pay Raymond James fees but only if the transaction is initiated by
Raymond James. |
Shares acquired through a right of reinstatement. |
Front-end load discounts available at Raymond James: breakpoints,
and/or rights of accumulation, and/or letters of intent |
Breakpoints as described in this prospectus. |
Rights of accumulation which entitle shareholders to breakpoint discounts will be
automatically calculated based on the aggregated holding of fund family
assets held by accounts within the purchaser’s household at Raymond James.
Eligible fund family assets not held at Raymond James may be included in the calculation of rights of accumulation only if the shareholder notifies his or her financial advisor about such assets. |
Letters of intent which allow for breakpoint discounts based on anticipated
purchases within a fund family, over a 13-month time period. Eligible fund family assets not held at Raymond James may be included in the calculation of letters of intent only if the shareholder notifies his or her financial advisor about such
assets. |
Front-end Sales Load Waivers on Class A Shares available at Morgan
Stanley |
Employer-sponsored retirement plans (e.g., 401(k) plans, 457 plans,
employer-sponsored 403(b) plans, profit sharing and money purchase pension plans and defined benefit plans). For purposes of this provision, employer-sponsored retirement plans do not include SEP IRAs, Simple IRAs, SAR-SEPs or Keogh
plans. |
Morgan Stanley employee and employee-related accounts according to Morgan
Stanley’s account linking rules. |
Shares purchased through reinvestment of dividends and capital gains distributions
when purchasing shares of the same fund. |
Shares purchased through a Morgan Stanley self-directed brokerage
account. |
Class C (i.e., level-load) shares that are no longer subject to a contingent
deferred sales charge and are converted to Class A shares of the same fund pursuant to Morgan Stanley Wealth Management’s share class conversion program. |
Shares purchased from the proceeds of redemptions within the same fund family,
provided (i) the repurchase occurs within 90 days following the redemption, (ii) the redemption and purchase occur in the same account, and (iii) redeemed shares were subject to a front-end or deferred sales charge. |
Front-end Sales Load Waivers on Class A Shares available at Merrill
Lynch |
Employer-sponsored retirement, deferred compensation and employee benefit plans
(including health savings accounts) and trusts used to fund those plans,
provided that the shares are not held in a commission-based brokerage account and
shares are held for the benefit of the plan |
Shares purchased by a 529 Plan (does not include 529 Plan units or 529-specific
share classes or equivalents) |
Shares purchased through a Merrill Lynch affiliated investment advisory
program |
Shares exchanged due to the holdings moving from a Merrill Lynch affiliated
investment advisory program to a Merrill Lynch brokerage (non-advisory)
account pursuant to Merrill Lynch’s policies relating to sales load discounts
and waivers |
Shares purchased by third party investment advisors on behalf of their advisory
clients through Merrill Lynch’s platform |
Shares of funds purchased through the Merrill Edge Self-Directed
platform |
Shares purchased through reinvestment of capital gains distributions and dividend
reinvestment when purchasing shares of the same fund (but not any other
fund within the fund family) |
Shares exchanged from Class C (i.e. level-load) shares of the same fund pursuant to Merrill
Lynch’s policies relating to sales load discounts and waivers |
Employees and registered representatives of Merrill Lynch or its affiliates and
their family members |
Directors or Trustees of the Fund, and employees of the Fund’s investment
adviser or any of its affiliates, as described in this prospectus |
Front-end Sales Load Waivers on Class A Shares available at Merrill
Lynch |
Eligible shares purchased from the proceeds of redemptions within the same fund
family, provided (1) the repurchase occurs within 90 days following the
redemption, (2) the redemption and purchase occur in the same account, and (3)
redeemed shares were subject to a front-end or deferred sales load (known as Rights of Reinstatement). Automated transactions (i.e. systematic purchases and withdrawals) and purchases made after shares are automatically sold to
pay Merrill Lynch’s account maintenance fees are not eligible for
reinstatement |
CDSC Waivers on A, B and C Shares available at Merrill
Lynch |
Death or disability of the shareholder |
Shares sold as part of a systematic withdrawal plan as described in the Fund’s
prospectus |
Return of excess contributions from an IRA Account |
Shares sold as part of a required minimum distribution for IRA and retirement
accounts pursuant to the Internal Revenue Code |
Shares sold to pay Merrill Lynch fees but only if the transaction is initiated by
Merrill Lynch |
Shares acquired through a right of reinstatement |
Shares held in retirement brokerage accounts, that are exchanged for a lower cost
share class due to transfer to certain fee based accounts or platforms
(applicable to A and C shares only) |
Shares received through an exchange due to the holdings moving from a Merrill Lynch
affiliated investment advisory program to a Merrill Lynch brokerage
(non-advisory) account pursuant to Merrill Lynch’s policies relating to sales
load discounts and waivers |
Front-end load Discounts Available at Merrill Lynch: Breakpoints,
Rights of Accumulation & Letters of Intent |
Breakpoints as described in this prospectus. |
Rights of Accumulation (ROA) which entitle shareholders to breakpoint discounts as
described in the Fund’s prospectus will be automatically calculated based on the aggregated holding of fund family assets held by accounts (including 529 program holdings, where applicable) within the purchaser’s household at
Merrill Lynch. Eligible fund family assets not held at Merrill Lynch may be included
in the ROA calculation only if the shareholder notifies his or her financial advisor about such assets |
Letters of Intent (LOI) which allow for breakpoint discounts based on anticipated
purchases within a fund family, through Merrill Lynch, over a 13-month period of time |
Front-end sales charge* waivers on Class A shares available at
Janney |
Shares purchased through reinvestment of capital gains distributions and dividend
reinvestment when purchasing shares of the same fund (but not any other
fund within the fund family). |
Shares purchased by employees and registered representatives of Janney or its
affiliates and their family members as designated by Janney. |
Shares purchased from the proceeds of redemptions within the same fund family,
provided (1) the repurchase occurs within ninety (90) days following the
redemption, (2) the redemption and purchase occur in the same account, and (3)
redeemed shares were subject to a front-end or deferred sales load (i.e., right of reinstatement). |
Employer-sponsored retirement plans (e.g., 401(k) plans, 457 plans,
employer-sponsored 403(b) plans, profit sharing and money purchase pension plans and defined benefit plans). For purposes of this provision, employer-sponsored retirement plans do not include SEP IRAs, Simple IRAs, SAR-SEPs or Keogh
plans. |
Shares acquired through a right of reinstatement. |
Class C shares that are no longer subject to a contingent deferred sales charge and
are converted to Class A shares of the same fund pursuant to Janney’s policies and procedures. |
CDSC waivers on Class A and C shares available at
Janney |
Shares sold upon the death or disability of the shareholder. |
Shares sold as part of a systematic withdrawal plan as described in the fund’s
Prospectus. |
Shares purchased in connection with a return of excess contributions from an IRA
account. |
Shares sold as part of a required minimum distribution for IRA and other retirement
accounts due to the shareholder reaching age 70½ as described in the fund’s Prospectus. |
Shares sold to pay Janney fees but only if the transaction is initiated by
Janney. |
Shares acquired through a right of reinstatement. |
Shares exchanged into the same share class of a different fund. |
Front-end sales charge* discounts available at Janney: breakpoints,
rights of accumulation, and/or letters of intent |
Breakpoints as described in the fund’s Prospectus. |
Rights of accumulation (“ROA”), which entitle shareholders to breakpoint
discounts, will be automatically calculated based on the aggregated holding of fund family assets held by accounts within the purchaser’s household at Janney. Eligible fund family assets not held at Janney may be included in the ROA
calculation only if the shareholder notifies his or her financial advisor about such
assets. |
Letters of intent which allow for breakpoint discounts based on anticipated
purchases within a fund family, over a 13-month time period. Eligible fund family assets not held at Janney Montgomery Scott may be included in the calculation of letters of intent only if the shareholder notifies his or her financial advisor
about such assets. |
Rights of Accumulation (“ROA”) |
The applicable sales charge on a purchase of Class A shares is determined by taking
into account all share classes (except certain money market funds and
any assets held in group retirement plans) of the Alger Family of Funds held by the
shareholder or in an account grouped by Edward Jones with other
accounts for the purpose of providing certain pricing considerations (“pricing
groups”). If grouping assets as a shareholder, this includes all share classes held on the Edward Jones platform and/or held on another platform. The inclusion of eligible fund family assets in the ROA calculation is dependent on the
shareholder notifying Edward Jones of such assets at the time of calculation. Money
market funds are included only if such shares were sold with a sales
charge at the time of purchase or acquired in exchange for shares purchased with a
sales charge. |
The employer maintaining a SEP IRA plan and/or SIMPLE IRA plan may elect to
establish or change ROA for the IRA accounts associated with the plan to a plan-level grouping as opposed to including all share classes at a shareholder or pricing group level. |
ROA is determined by calculating the higher of cost minus redemptions or market
value (current shares x NAV). |
Letter of Intent (“LOI”) |
Through a LOI, shareholders can receive the sales charge and breakpoint discounts
for purchases shareholders intend to make over a 13-month period from
the date Edward Jones receives the LOI. The LOI is determined by calculating the
higher of cost or market value of qualifying holdings at LOI initiation in combination with the value that the shareholder intends to buy over a 13-month period to calculate the front-end sales charge and any breakpoint discounts.
Each purchase the shareholder makes during that 13-month period will receive the
sales charge and breakpoint discount that applies to the total amount. The inclusion of eligible fund family assets in the LOI calculation is dependent on the shareholder notifying Edward Jones of such assets at the time of calculation.
Purchases made before the LOI is received by Edward Jones are not adjusted under the
LOI and will not reduce the sales charge previously paid. Sales
charges will be adjusted if LOI is not met. |
If the employer maintaining a SEP IRA plan and/or SIMPLE IRA plan has elected to
establish or change ROA for the IRA accounts associated with the plan to a plan-level grouping, LOIs will also be at the plan-level and may only be established by the employer. |
Sales Charge Waivers |
Sales charges are waived for the following shareholders and in the following
situations: |
Associates of Edward Jones and its affiliates and their family members who are in the same pricing group (as determined by Edward Jones under its
policies and procedures) as the associate. This waiver will continue for the
remainder of the associate’s life if the associate retires from Edward Jones in good-standing and remains in good standing pursuant to Edward Jones' policies and procedures. |
Shares purchased in an Edward Jones fee-based program. |
Shares purchased through reinvestment of capital gains distributions and dividend reinvestment. |
Shares purchased from the proceeds of redeemed shares of the same fund family so long as the following conditions are met: 1) the proceeds are from
the sale of shares within 60 days of the purchase, and 2) the sale and purchase are
made in the same share class and the same account or the purchase is
made in an individual retirement account with proceeds from liquidations in a
non-retirement account. |
Sales Charge Waivers |
Shares exchanged into Class A shares from another share class so long as the exchange is into the same fund and was initiated at the discretion of
Edward Jones. Edward Jones is responsible for any remaining CDSC due to the fund
company, if applicable. Any future purchases are subject to the
applicable sales charge as disclosed in the prospectus. |
Exchanges from Class C shares to Class A shares of the same fund, generally, in the 84th month following the anniversary of the purchase date or earlier
at the discretion of Edward Jones. |
Contingent Deferred Sales Charge (“CDSC”)
Waivers |
If the shareholder purchases shares that are subject to a CDSC and those shares are
redeemed before the CDSC is expired, the shareholder is responsible to
pay the CDSC except in the following conditions: |
The death or disability of the shareholder |
Systematic withdrawals with up to 10% per year of the account value |
Return of excess contributions from an Individual Retirement Account (IRA) |
Shares sold as part of a required minimum distribution for IRA and retirement accounts if the redemption is taken in or after the year the shareholder
reaches qualified age based on applicable IRS regulations |
Shares sold to pay Edward Jones fees or costs in such cases where the transaction is initiated by Edward Jones |
Shares exchanged in an Edward Jones fee-based program |
Shares acquired through NAV reinstatement |
Shares redeemed at the discretion of Edward Jones for Minimum Balances, as described below |
Minimum Purchase Amounts |
Initial purchase minimum: $250 |
Subsequent purchase minimum: none |
Minimum Balances |
Edward Jones has the right to redeem at its discretion fund holdings with a balance
of $250 or less. The following are examples of accounts that are not
included in this policy: |
A fee-based account held on an Edward Jones platform |
A 529 account held on an Edward Jones platform |
An account with an active systematic investment plan or LOI |
Exchanging Share Classes |
At any time it deems necessary, Edward Jones has the authority to exchange at NAV a
shareholder’s holdings in a fund to Class A shares of the same fund. |
Front-end Sales Load Waivers on Class A Shares available at
OPCO |
Employer-sponsored retirement, deferred compensation and employee benefit plans
(including health savings accounts) and trusts used to fund those plans,
provided that the shares are not held in a commission-based brokerage account and
shares are held for the benefit of the plan |
Shares purchased by or through a 529 Plan |
Shares purchased through a OPCO affiliated investment advisory program
|
Shares purchased through reinvestment of capital gains distributions and dividend
reinvestment when purchasing shares of the same fund (but not any other
fund within the fund family) |
Shares purchased from the proceeds of redemptions within the same fund family,
provided (1) the repurchase occurs within 90 days following the
redemption, (2) the redemption and purchase occur in the same account, and (3)
redeemed shares were subject to a front-end or deferred sales load (known as Rights of Restatement) |
Shareholders in the Fund’s Class C shares will have their shares converted at
net asset value to Class A shares (or the appropriate share class) of the Fund if the shares are no longer subject to a CDSC and the conversion is in line with the policies and procedures of OPCO |
Employees and registered representatives of OPCO or its affiliates and their family
members |
Trustees of the Fund, and employees of the Fund’s investment adviser or any of
its affiliates, as described in this prospectus |
CDSC Waivers on A, B and C Shares available at OPCO
|
Death or disability of the shareholder |
Shares sold as part of a systematic withdrawal plan as described in the Fund’s
prospectus |
Return of excess contributions from an IRA Account |
Shares sold as part of a required minimum distribution for IRA and retirement
accounts due to the shareholder reaching the qualified age based upon
applicable IRS regulations as described in the prospectus |
Shares sold to pay OPCO fees but only if the transaction is initiated by
OPCO |
Shares acquired through a right of reinstatement |
Front-end load Discounts Available at OPCO: Breakpoints, Rights of
Accumulation & Letters of Intent |
Breakpoints as described in this prospectus |
Rights of Accumulation (ROA) which entitle shareholders to breakpoint discounts will
be automatically calculated based on the aggregated holding of fund
family assets held by accounts within the purchaser’s household at OPCO.
Eligible fund family assets not held at OPCO may be included in the ROA
calculation only if the shareholder notifies his or her financial advisor about such
assets |
Front-End Sales Charge Waivers on Investor A Shares Available at
Baird |
Shares purchased through reinvestment of capital gains distributions and dividend
reinvestment when purchasing share of the same Fund |
Share purchase by employees and registers representatives of Baird or its affiliate
and their family members as designated by Baird |
Shares purchased using the proceeds of redemptions within the Alger Family of Funds,
provided (1) the repurchase occurs within 90 days following the
redemption, (2) the redemption and purchase occur in the same accounts, and (3)
redeemed shares were subject to a front-end or deferred sales charge
(known as rights of reinstatement) |
A shareholder in the Fund’s Investor C shares will have their shares converted
at net asset value to Investor A shares of the same Fund if the shares are no longer subject to CDSC and the conversion is in line with the policies and procedures of Baird |
Employer-sponsored retirement plans or charitable accounts in a transactional
brokerage account at Baird, including 401(k) plans, 457 plans, employer-
sponsored 403(b) plans, profit sharing and money purchase pension plans and defined
benefit plans. For purposes of this provision, employer-sponsored
retirement plans do not include SEP IRAs, Simple IRAs or SAR-SEPs
|
CDSC Waivers on Investor A and C Shares Available at
Baird |
Shares sold due to death or disability of the shareholder |
Shares sold as part of a systematic withdrawal plan as described in the Fund’s
prospectus |
Shares bought due to returns of excess contributions from an IRA
account |
Shares sold as part of a required minimum distribution for IRA and retirement
accounts due to the shareholder reaching the qualified age based on applicable Internal Revenue Service regulations as described in the Fund’s prospectus |
Shares sold to pay Baird fees but only if the transaction is initiated by
Baird |
Shares acquired through a right of reinstatement |
Front-End Sales Charge Discounts Available at Baird: Breakpoints
and/or Rights of Accumulations |
Breakpoints as described in the Fund’s prospectus |
Rights of accumulations which entitles shareholders to breakpoint discounts will be
automatically calculated based on the aggregated holding of assets
within the Alger Family of Funds held by accounts within the purchaser’s
household at Baird. Eligible assets within the Alger Family of Funds not held at Baird may be included in the rights of accumulations calculation only if the shareholder notifies his or her financial advisor about such assets |
Letters of Intent (LOI) allow for breakpoint discounts based on anticipated
purchases within the Alger Family of Funds through Baird, over a 13-month period of time |
Front-end Sales Load Waiver on Class A Shares Available at
Stifel |
Class C shares that have been held for more than seven (7) years will be converted
to Class A shares of the same Fund pursuant to Stifel’s policies and procedures |
All other sales charge waivers and reductions described elsewhere in the Fund’
Prospectus or SAI still apply. |
By Telephone: |
(800)
992-3863 |
By Mail: |
Alger
Family of Funds c/o UMB Fund Services, Inc.
P.O. Box 2175
Milwaukee, WI 53212-2175 |
Online |
Text
versions of Fund documents can be downloaded from the following sources: |
|
• The Fund: http://www.alger.com |
|
• SEC (EDGAR data base): www.sec.gov |
|
Class |
Ticker Symbol |
Alger Mid Cap Focus Fund (“Mid Cap Focus Fund”) |
A C |
[ ] [ ]
|
|
Broker Commissions Paid for 2019 |
| ||||
|
|
Paid to Alger LLC |
Soft Dollar Transactions | |||
|
Total Paid by
the Fund |
Dollar Amount
Paid to Alger LLC |
% of Brokerage
Commission Paid to Alger
LLC |
% of Brokerage
Dollar Amount of Transactions Effected
through Alger LLC |
Value of
Transactions |
Commissions |
Mid Cap Focus Fund* |
23,958$ |
4,234$ |
18% |
21% |
3,830,581$ |
1,941$ |
|
Broker Commissions Paid for 2020 |
| ||||
|
|
Paid to Alger LLC |
Soft Dollar Transactions | |||
|
Total Paid by
the Fund |
Dollar Amount
Paid to Alger LLC |
% of Brokerage
Commission Paid to Alger
LLC |
% of Brokerage
Dollar Amount of Transactions Effected
through Alger LLC |
Value of
Transactions |
Commissions |
Mid Cap Focus Fund |
264,003$ |
26,487$ |
10% |
12% |
104,371,497$ |
64,622$ |
Name, (Year of Birth), and Address(1)
|
Position(s) Held
with the Trust and Length of Time Served
|
Principal Occupation(s) During
Past Five Years |
Number of
Portfolios in the Alger
Fund Complex(3)
which are Overseen by
Trustee |
Other
Directorships Held by Trustee During Past
Five Years |
Interested
Trustee(2):
|
|
|
|
|
Hilary M. Alger (1961) |
Trustee since 2003 |
Non-profit Fundraising Consultant since 2015, Schultz & Williams; Emeritus Trustee since 2020 and Trustee from 2013 to 2020, Pennsylvania Ballet; School Committee Member since 2017, Germantown Friends School. |
29 |
Board of Directors, Alger
Associates, Inc.; Director
of Target Margin Theater |
Non-Interested Trustees: |
|
|
|
|
Charles F. Baird, Jr. (1953) |
Trustee since 2000 |
Managing Director of North Castle Partners (private equity securities group). |
29 |
|
Roger P. Cheever (1945) |
Trustee since 2000 |
Associate Vice President for Development Strategy since 2020 and Associate Vice President for Principal Gifts from 2008 to 2020, Harvard University. |
29 |
Board of Directors, Alger
SICAV Fund |
Stephen E. O’Neil (1932) |
Trustee since 1986 |
Retired. |
29 |
|
David Rosenberg (1962) |
Trustee since 2007 |
Associate Professor of Law since August 2000, Zicklin School of Business, Baruch College, City University of New York. |
29 |
|
Nathan E. Saint-Amand M.D.
(1938) |
Trustee since 1986 |
Medical doctor in private practice since 1970; Member of the Board of the Manhattan Institute (non-profit policy research) since 1988. |
29 |
|
Name, (Year of Birth), Position with Trust and
Address(1) |
Principal Occupations |
Officer Since
|
Officers(2): |
|
|
Hal Liebes (1964)
President,
Principal Executive Officer |
Executive Vice President, Chief Operating Officer (“COO”) and Secretary, Alger
Management; COO and Secretary, Alger Associates, Inc. and Alger
Alternative Holdings, LLC; Director, Alger SICAV, Alger
International Holdings, and Alger Dynamic Return Offshore
Fund; Vice President, COO, Member, and Secretary, Alger Capital, LLC and Alger Group Holdings, LLC; Executive Director and Chairman, Alger Management, Ltd.;
Manager and Secretary, Weatherbie Capital, LLC and Alger Apple Real Estate
LLC; Manager, Alger Partners Investors I, LLC and Alger
Partners Investors KEIGF; Secretary, Alger-Weatherbie
Holdings, LLC and Alger Boulder I LLC; and Director and Secretary, The Foundation for Alger Families. |
2005 |
Tina Payne (1974)
Secretary,
Chief Compliance Officer, Chief Legal Officer |
Since 2017, Senior Vice President, General Counsel, and Chief Compliance Officer
(“CCO”), Alger Management; Senior Vice President, General
Counsel, and Secretary, Alger LLC; CCO, Alger Management,
Ltd.; Assistant Secretary, Weatherbie Capital, LLC and Alger
Alternative Holdings, LLC; and since 2019, Assistant Secretary, Alger-Weatherbie Holdings, LLC. Formerly, Senior Vice President and Associate General Counsel, Cohen &
Steers Capital Management, from 2007 to 2017. |
2017 |
Michael D. Martins (1965)
Treasurer,
Principal Financial Officer,
AML Compliance Officer |
Senior Vice President, Alger Management. |
2005 |
Anthony S. Caputo (1955)
Assistant Treasurer |
Vice President, Alger Management. |
2007 |
Sergio M. Pavone (1961)
Assistant Treasurer |
Vice President, Alger Management. |
2007 |
Mia G. Pillinger (1989)
Assistant Secretary |
Associate Counsel of Alger Management since 2020. Formerly, Associate at Willkie Farr &
Gallagher, LLP, from 2016 to 2020. |
2020 |
Name of Person |
Aggregate Compensation from
The Alger Funds |
Total Compensation Paid to
Trustee from The Alger Fund Complex |
Charles F. Baird, Jr |
60,758$ |
143,500$ |
Roger P. Cheever |
64,945$ |
153,500$ |
Stephen E. O’Neil |
60,758$ |
143,500$ |
David Rosenberg |
55,463$ |
131,000$ |
Nathan E. Saint-Amand |
60,758$ |
143,500$ |
Name of Trustee |
Mid
Cap
Focus |
Aggregate
Equity
Securities
of Funds
in Alger
Fund
Complex
Overseen
by
Trustee |
Interested Trustee: |
|
|
Hilary M. Alger |
A |
E |
Independent Trustees: |
|
|
Charles F. Baird, Jr. |
A |
E |
Roger P. Cheever |
A |
E |
Stephen E. O’Neil |
A |
B |
David Rosenberg |
A |
C |
Nathan E. Saint-Amand |
A |
E |
Fund |
2020 |
2019 |
Alger Mid Cap Focus Fund* |
938,266$ |
69,608$ |
Fund |
2020 |
2019 |
Alger Mid Cap Focus Fund* |
57,824$ |
84,922$ |
Fund |
2020 |
2019 |
Alger Mid Cap Focus Fund* |
36,862$ |
2,735$ |
|
Registered Investment Companies |
Other Pooled Investment Vehicles |
Other Accounts | |||
|
|
|
|
|
|
|
Amy
Y. Zhang |
2
|
$532,023,664 |
1
|
$806,071,540 |
5
|
$157,275,212 |
Portfolio Manager |
Fund |
Range |
Amy
Y. Zhang |
Mid Cap Focus |
E
|
Fund |
2020 |
2019 |
Alger Mid Cap Focus Fund* |
13,404$ |
994$ |
Name and Address |
Percentage of Total Shares
Held |
LPL
Financial FBO Customer Accounts
Attn: Mutual Fund Operations
9785 Town Centre Dr.
San Diego, CA 92121-1968 |
26.13% |
Exhibit No. |
Description of Exhibit |
(a) |
Articles of Incorporation: |
(a-1) |
Amended and Restated Declaration of Trust for The Alger Funds (“Registrant”), dated September 13, 2012
|
(a-2) |
Amendment to Declaration of Trust, dated May 21, 2013 (Alger International Growth Fund) (
Incorporated
|
(a-3) |
Amendment to Declaration of Trust, dated August 7, 2015 (Alger Small Cap Focus Fund) (
Incorporated by
|
(a-4) |
Amendment to Declaration of Trust, dated August 7, 2017 (Alger SMid Cap Focus Fund) (
Incorporated by
|
(a-5) |
Amendment to Declaration of Trust, dated December 26, 2017 (Alger 25 Fund) (
Incorporated by reference
2017) |
(a-6) |
Amendment to Declaration of Trust, dated March 22, 2018 (Alger 35 Fund) (
Incorporated by reference to |
(a-7) |
Amendment to Declaration of Trust, dated August 9, 2018 (Alger International Focus Fund) (
Incorporated
|
(a-8) |
Amendment to Declaration of Trust, dated November 15, 2018 (Alger Mid Cap Focus Fund) (
Incorporated
|
(a-9) |
Amendment to Declaration of Trust, dated September 24, 2019 (Alger Weatherbie Specialized Growth
|
(a-10) |
Amendment to Declaration of Trust, dated December 18, 2020 (Alger Mid Cap Focus Fund) (
Incorporated
|
(a-11) |
Amendment to Declaration of Trust, dated February 23, 2021 (Alger 25 Fund) (
Incorporated by reference
2021) |
(a-12) |
Amendment to Declaration of Trust, dated September 17, 2018 (Alger 35 Fund) (
Incorporated by reference
|
(a-13) |
Amendment to Declaration of Trust, dated May 7, 2021 (Alger 35 Fund) (
Incorporated by reference to Post- |
(a-14) |
Certificate of Termination of the Amended and Restated Certificate of Designation for Alger 25 Fund,
dated May 10, 2021 (
Incorporated by reference to Post-Effective Amendment No. 1 to the N-14
|
(a-15) |
Amendment to Declaration of Trust, dated May 12, 2021 (Alger Mid Cap Focus Fund) (to be filed by
amendment) |
(b) |
By-laws: Amended and Restated By-laws of Registrant ( Incorporated by reference to Post-Effective |
(c) |
Instruments Defining Rights of Security Holders: See Exhibits (a-1) and (b) |
(d) |
Investment Advisory Contracts: |
Exhibit No. |
Description of Exhibit |
(d-1) |
Investment Advisory Agreement between Registrant and Fred Alger Management, LLC (“FAM”), dated
February 14, 2007 (
Incorporated by reference to Post-Effective Amendment No. 47 to the Registration
|
(d-2) |
Amendment to Investment Advisory Agreement (Alger 25 Fund), dated December 19, 2017 (
Incorporated
|
(d-3) |
Amendment to Investment Advisory Agreement (Alger 35 Fund), dated March 22, 2018 (
Incorporated by
|
(d-4) |
Amendment to Investment Advisory Agreement (Alger 25 Fund), dated September 17, 2018 (
Incorporated
|
(d-5) |
Amendment to Investment Advisory Agreement (Alger 35 Fund), dated September 17, 2018 (
Incorporated
|
(d-6) |
Amendment to Investment Advisory Agreement, dated September 17, 2019 (
Incorporated by reference to
2020) |
(d-7) |
Amendment to Investment Advisory Agreement, dated September 29, 2020 (
Incorporated by reference to
|
(d-8) |
Amendment to Investment Advisory Agreement including Revised Fee Schedule, dated January 4, 2021
|
(d-9) |
Contract to Support Fee Waiver/Expense Reimbursement (to be filed by amendment) |
(d-10) |
Contract to Support Fee Waiver/Expense Reimbursement (Alger 25 and 35 Funds) (
Incorporated by
|
(d-11) |
Form of Sub-Advisory Agreement between FAM and Weatherbie Capital, LLC (
Incorporated by reference |
(d-12) |
Amendment to Sub-Advisory Agreement, dated September 29, 2020 (
Incorporated by reference to Post- |
(e) |
Underwriting Contracts: |
(e-1) |
Amended and Restated Distribution Agreement between Registrant and Fred Alger & Company, LLC,
dated May 19, 2015 (
Incorporated by reference to Post-Effective Amendment No. 129 to the Registration
|
(e-2) |
Amendment to Distribution Agreement, dated September 29, 2020 ( Incorporated by reference to Post- |
(f) |
Bonus or Profit Sharing Contracts: Not applicable. |
(g) |
Custodian Agreements: |
(g-1) |
Custodian Agreement between Registrant and Brown Brothers Harriman & Co. (“BBH”), dated February
|
(g-2) |
Amendment to Custodian Agreement, dated January 6, 2017 ( Incorporated by reference to Post-Effective |
(g-3) |
Amendment to Custodian Agreement, dated November 15, 2017 ( Incorporated by reference to Post- |
(g-4) |
Amendment to Custodian Agreement, dated December 20, 2017 ( Incorporated by reference to Post- |
(g-5) |
Amendment to Custodian Agreement, dated October 15, 2018 ( Incorporated by reference to Post-Effective |
Exhibit No. |
Description of Exhibit |
(g-6) |
Amendment to Custodian Agreement, dated January 4, 2021 ( Incorporated by reference to Post-Effective |
(h) |
Other Material Contracts: |
(h-1) |
Shareholder Administrative Services Agreement among FAM, Registrant, et. al. effective February 28, 2005
|
(h-2) |
Amendment No. 1 to Shareholder Administrative Services Agreement, effective June 30, 2007
|
(h-3) |
Amendment No. 2 to Shareholder Administrative Services Agreement, effective June 30, 2010
|
(h-4) |
Amendment No. 3 to Shareholder Administrative Services Agreement, effective Dec. 29, 2010
|
(h-5) |
Amendment No. 4 to Shareholder Administrative Services Agreement, effective August 1, 2016
|
(h-6) |
Amendment No. 5 to Shareholder Administrative Services Agreement, effective December 28, 2017
|
(h-7) |
Amendment No. 6 to Shareholder Administrative Services Agreement, effective September 29, 2020
|
(h-8) |
Transfer Agency Agreement Between Certain Investment Companies Managed by FAM (including
Registrant) and UMB Fund Services, Inc., dated October 5, 2019 (
Incorporated by reference to Post- |
(h-9) |
Fund Administration Agreement between FAM and Registrant, dated September 29, 2020 (
Incorporated by
|
(h-10) |
Accounting Agency Agreement between Registrant and BBH, dated February 29, 2008 (
Incorporated by
|
(h-11) |
Amendment to the Accounting Agency Agreement between Registrant and BBH, dated June 1, 2009
|
(h-12) |
Amendment to the Accounting Agency Agreement between Registrant and BBH, dated October 24, 2011
|
(h-13) |
Amendment to the Accounting Agency Agreement between Registrant and BBH, dated January 6, 2017
|
(h-14) |
Amendment to the Accounting Agency Agreement between Registrant and BBH, dated August 17, 2017
|
(h-15) |
Amendment to the Accounting Agency Agreement between Registrant and BBH, dated June 1, 2018
|
(h-16) |
Amendment to the Accounting Agency Agreement between Registrant and BBH, dated October 15, 2018
|
(i) |
Legal Opinions: |
Exhibit No. |
Description of Exhibit |
(i-1) |
Opinion of Sullivan & Worcester (Alger 25 Fund) ( Incorporated by reference to Post-Effective Amendment |
(i-2) |
Opinion of Sullivan & Worcester (Alger 35 Fund) ( Incorporated by reference to Post-Effective Amendment |
(i-3) |
Opinion of Sullivan & Worcester (Alger Mid Cap Focus Fund) (
Incorporated by reference to Post-Effective |
(i-4) |
Opinion of Sullivan & Worcester (Alger Mid Cap Focus Fund, Class Y) (
Incorporated by reference to Post- |
(i-5) |
Opinion of Sullivan & Worcester (Alger Mid Cap Focus Fund, Class A and Class C) (to be filed by
amendment) |
(j) |
Other Opinions: Consent of Independent Registered Public Accounting Firm (to be filed by amendment) |
(k) |
Omitted Financial Statements: Not applicable. |
(l) |
Initial Capital Agreements: |
(l-1) |
Purchase Agreement for Alger Balanced Portfolio EDGAR 6/2/97 (Incorporated by reference to Post-
Effective Amendment No. 8 to the Statement, filed with the SEC on April 3,
1992) |
(l-2) |
Purchase Agreement for Alger MidCap Growth Portfolio EDGAR 6/2/97 (Incorporated by reference to
Post-Effective Amendment No. 10 to the Registration Statement, filed with
the SEC on March 24, 1993) |
(l-3) |
Purchase Agreement for Alger Leveraged AllCap Portfolio EDGAR 6/2/97 (Incorporated by reference to
Post-Effective Amendment No. 12 to the Registration Statement, filed with
the SEC on October 29, 1993) |
(l-4) |
Purchase Agreement for Alger Small Capitalization Portfolio (Form of) EDGAR 6/2/97 (Incorporated by
reference to Post-Effective Amendment No. 26 to the Registration Statement,
filed with the SEC on February 25, 1998) |
(l-5) |
Purchase Agreement for Alger Growth Portfolio (Form of) EDGAR 6/2/97 (Incorporated by reference to
Post-Effective Amendment No. 26 to the Registration Statement, filed with
the SEC on February 25, 1998) |
(l-6) |
Purchase Agreement for Alger 25 Fund, dated December 28, 2017 (
Incorporated by reference to Post- |
(l-7) |
Purchase Agreement for Alger 35 Fund, dated March 28, 2018 ( Incorporated by reference to Post-Effective |
(l-8) |
Purchase Agreement for Alger Mid Cap Focus Fund, dated December 28, 2018 (
Incorporated by reference |
(m) |
Rule 12b-1 Plan: |
(m-1) |
Class A Distribution Plan, dated September 29, 2020 ( Incorporated by reference to Post-Effective |
(m-2) |
Class B Distribution Plan, dated September 29, 2020 ( Incorporated by reference to Post-Effective |
(m-3) |
Class C Distribution Plan, dated September 29, 2020 ( Incorporated by reference to Post-Effective |
(m-4) |
Class I Distribution Plan, dated September 29, 2020 ( Incorporated by reference to Post-Effective |
(n) |
Rule 18f-3 Plan: Rule 18f-3 Multiple Class Plan, dated December 15, 2020 (
Incorporated by reference to
2020) |
(o) |
Reserved. |
(p) |
Codes of Ethics: Amended and Restated Code of Ethics ( Incorporated by reference to Post-Effective |
(q) |
Powers of Attorney: Powers of Attorney executed by Hal Liebes, Michael D. Martins, Hilary M. Alger,
Charles F. Baird, Jr., Roger P. Cheever, Stephen E. O’Neil, David
Rosenberg and Nathan E. Saint-Amand,
|
101.INS |
XBRL Instance Document – the instance document does not appear on the Interactive Data File because its
XBRL tags are embedded within the Inline XBRL document. |
101.SCH |
XBRL Taxonomy Extension Schema |
101.CAL |
XBRL Taxomony Extension Calculation Linkbase |
101.DEF |
XBRL Taxomony Extension Definition Linkbase |
101.LAB |
XBRL Taxomony Extension Label Linkbase |
101.PRE |
XBRL Taxonomy Extension Presentation Linkbase |
NAME AND POSITION WITH ALGER MANAGEMENT |
OTHER SUBSTANTIAL BUSINESS, PROFESSION OR VOCATION |
Daniel C. Chung
Chairman, President and Chief Executive Officer |
President and Chief Executive Officer, Alger Associates,
Inc., Alger Capital, LLC, Alger Group Holdings, LLC,
Alger Apple Real Estate, LLC and Alger Boulder I LLC;
Manager, Weatherbie Capital, LLC; Director, Alger
Management, Ltd. and Alger SICAV; Director and
Chairman, Alger International Holdings; President, Chief
Executive Officer and Manager, Alger Alternative
Holdings, LLC; Chairman, President and Manager, Alger-
Weatherbie Holdings, LLC; President and Director, The
Foundation for Alger Families |
Robert Kincel
Chief Financial Officer, Senior Vice President and
Treasurer |
Chief Financial Officer and Treasurer, Alger Associates,
Inc.; Chief Financial Officer, Treasurer and Senior Vice
President, Fred Alger & Company, LLC; Treasurer and
Manager, Weatherbie Capital, LLC and Alger-Weatherbie
Holdings, LLC; Director, Alger International Holdings;
Chief Financial Officer, Treasurer and Manager, Alger
Alternative Holdings, LLC; Chief Financial Officer,
Treasurer and Vice President, Alger Capital, LLC and Alger
Group Holdings, LLC; Treasurer, Alger Apple Real Estate,
LLC and Alger Boulder I LLC; Treasurer and Director, The
Foundation for Alger Families; Authorized Signer, Alger
Management, Ltd. |
Hal Liebes
Executive Vice President, Chief Operating Officer and
Secretary |
Chief Operating Officer and Secretary, Alger Associates,
Inc.; Chief Operating Officer, Secretary and Manager,
Alger Alternative Holdings, LLC; Director, Alger SICAV,
Alger International Holdings, and Alger Dynamic Return
Offshore Fund; Vice President, Chief Operating Officer,
Managing Member, and Secretary, Alger Capital, LLC and
Alger Group Holdings, LLC; Executive Director and
Chairman, Alger Management, Ltd.; Manager and
Secretary, Weatherbie Capital, LLC and Alger Apple Real
Estate LLC; Manager, Alger Partners Investors I, LLC,
Alger-Weatherbie Holdings, LLC and Alger Partners
Investors KEIGF; Secretary, Alger Boulder I LLC; Director
and Secretary, The Foundation for Alger Families;
Managing Member, Fred Alger & Company, LLC |
Tina Payne
Senior Vice President, General Counsel, Chief Compliance
Officer |
Senior Vice President, General Counsel, and Secretary, Fred
Alger & Company, LLC; Chief Compliance Officer, Alger
Management, Ltd.; Assistant Secretary, Weatherbie Capital,
LLC, Alger Alternative Holdings, LLC and Alger-
Weatherbie Holdings, LLC; Vice President and Assistant
Secretary, Alger Group Holdings, LLC |
(a) |
Fred Alger & Company, LLC (“Alger LLC”) acts as principal underwriter for Registrant, The Alger
Institutional Funds, The Alger Portfolios, The Alger Funds II, Alger Global
Focus Fund, and The Alger ETF Trust. |
(b) |
Alger LLC is a Delaware limited liability company located at 360 Park Avenue South, New York, New York
10010. The following is a list of the directors and officers of Alger
LLC: |
NAME |
POSITION(s) AND OFFICE(S) WITH ALGER LLC |
POSITION(s) AND OFFICE(S) WITH REGISTRANT |
Darryl Ah Now |
Senior Vice President |
None |
Antoine Allen |
Assistant Vice President |
None |
Scott Anderson |
Vice President |
None |
Alex Bernstein |
Vice President |
None |
Donald Best Jr. |
Vice President |
None |
Anthony Caputo |
Vice President |
Assistant Treasurer |
John Carbone |
Senior Vice President |
None |
Natalie Cardona |
Assistant Vice President |
None |
Elizabeth Carey |
Senior Vice President |
None |
Josephine Carey |
Vice President |
None |
Peter Chang |
Vice President |
None |
Joo Chia |
Assistant Vice President |
None |
Kevin Collins |
Senior Vice President |
None |
Brian Costello |
Senior Vice President |
None |
Ryan Craig |
Vice President |
None |
Jonathon Dibble |
Assistant Vice President |
None |
Alexandra Doyle |
Assistant Vice President |
None |
Edward Doyle |
Senior Vice President |
None |
Joanne Dwyer |
Assistant Vice President |
None |
John Fennessy |
Vice President |
None |
Elizabeth Flanders |
Vice President |
None |
Jonathan Foster |
Senior Vice President |
None |
Patrice Franco |
Vice President |
None |
Victor Frazier |
Vice President |
None |
David Friedman |
Senior Vice President |
None |
Matthew Galvin |
Vice President |
None |
Nicholas Generale |
Vice President |
None |
Matthew Goldberg |
Senior Vice President |
None |
Rona Hakaj |
Assistant Vice President |
None |
Chad Harding |
Vice President |
None |
Andrew Harrington |
Assistant Vice President |
None |
Ivana Hayblum |
Assistant Vice President |
None |
Dennis Hearns |
Senior Vice President |
None |
William Huang |
Vice President |
None |
Frank Iacovano |
Assistant Vice President |
None |
Stacia Ikpe |
Vice President |
None |
Jeremy Jackson |
Vice President |
None |
Sean Jacobus |
Vice President |
None |
Robert Kerr |
Vice President |
None |
Daniel Kilpatrick |
Vice President |
None |
Robert Kincel |
Senior Vice President |
None |
Alan Kirby |
Senior Vice President |
None |
Jennifer Lecowitch |
Vice President |
None |
NAME |
POSITION(s) AND OFFICE(S) WITH ALGER LLC |
POSITION(s) AND OFFICE(S) WITH REGISTRANT |
Aaron Lee |
Vice President |
None |
Thomas Leswing |
Assistant Vice President |
None |
David Lewis |
Vice President |
None |
Hal Liebes |
Executive Vice President |
President, Principal Executive Officer |
Jacob Lilie |
Vice President |
None |
Chad Mackelprang |
Assistant Vice President |
None |
Roman Magiera |
Assistant Vice President |
None |
Shana Mandel |
Vice President |
None |
Robert Marks |
Vice President |
None |
Michael Martins |
Senior Vice President |
Treasurer, Principal Financial Officer, AML Compliance Officer |
Edwin Peter Moor |
Vice President |
None |
Nicholas Morrello |
Assistant Vice President |
None |
Michael Nelson |
Vice President |
None |
Brad Neuman |
Senior Vice President |
None |
Arthur Nowak |
Vice President |
None |
Shannon O'Connor |
Vice President |
None |
Robert O'Dell |
Vice President |
None |
Sergio Pavone |
Vice President |
Assistant Treasurer |
Tina Payne |
Senior Vice President |
Secretary, Chief Compliance Officer, Chief Legal Officer |
Clare Perry |
Vice President |
None |
May Poon |
Senior Vice President |
None |
Jessie Quick |
Vice President |
None |
Margaret Revell |
Assistant Vice President |
None |
Jacquelyn Rizzo |
Assistant Vice President |
None |
Ryan Rodgers |
Vice President |
None |
Sushmita Sahu |
Vice President |
None |
Katharine Schupp |
Senior Vice President |
None |
Jeanne Sdroulas |
Senior Vice President |
None |
Joseph Spano |
Vice President |
None |
Zenon Staniek |
Assistant Vice President |
None |
Joseph Stein |
Vice President |
None |
John Strouse |
Vice President |
None |
James Tambone |
Executive Vice President |
None |
Christie Tully |
Senior Vice President |
None |
Louise Ulitto |
Assistant Vice President |
None |
Jeffrey Vigilante |
Vice President |
None |
Mark Werner |
Vice President |
None |
David Zappone |
Vice President |
None |
(c) |
Not applicable. |
|
THE ALGER FUNDS | |
|
By: |
/s/ Hal Liebes |
|
|
Hal Liebes, President |
ATTEST: |
/s/ Tina Payne |
|
|
Tina Payne, Secretary |
|
Signature |
Title |
Date |
/s/ Hal Liebes |
President (Principal Executive Officer) |
May 12, 2021 |
Hal
Liebes | ||
/s/ Michael D. Martins |
Treasurer (Principal Financial Officer) |
May 12, 2021 |
Michael D.
Martins | ||
* |
Trustee |
May 12, 2021 |
Charles F.
Baird | ||
* |
Trustee |
May 12, 2021 |
Roger P.
Cheever | ||
* |
Trustee |
May 12, 2021 |
Hilary M.
Alger | ||
* |
Trustee |
May 12, 2021 |
David
Rosenberg | ||
* |
Trustee |
May 12, 2021 |
Nathan E.
Saint-Amand | ||
* |
Trustee |
May 12, 2021 |
Stephen E.
O’Neil |
*By: |
/s/ Hal Liebes |
|
|
Hal Liebes Attorney-In-Fact |
|