Alger Small Cap Focus Fund’s Q2 2022 Investor Letter

Alger Capital, an investment management company, released its “Alger Small Cap Focus Fund” second quarter investor letter. A copy of the same can be downloaded here. The fund declined 19.25% in the second quarter compared to the Russell 2000 Growth Index. Class A shares of the fund in the second quarter underperformed the Russell 2000 Growth Index. Financials and consumer discretionary sectors significantly contributed to the fund’s relative performance, while health care and information technology were the major performance detractors. In addition, you can check the top 5 holdings of the fund to know its best picks in 2022.