Alger Mid Cap Growth Fund’s Q4 2023 Investor Letter

Fred Alger Management, an investment management company, released its “Alger Mid Cap Growth Fund” fourth quarter 2023 investor letter. U.S. equities had a robust run in the fourth quarter, with the S&P Index finishing up 11.69%. The fund underperformed the Russell Midcap Growth Index in the quarter. The real estate and materials sector were the leading contributors while industrials and information technology detracted. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.

A copy of Alger Mid Cap Focus Fund’s Q4 2023 investor letter can be downloaded here.