Alger Spectra Fund’s Q3 2023 Investor Letter

Fred Alger Management, an investment management company, released its “Alger Spectra Fund” third quarter 2023 investor letter. A copy of the same can be downloaded here. In the third quarter, the fund underperformed the Russell 3000 Growth Index. The energy and consumer staples sectors were the contributors to the fund’s relative performance in the quarter, while communication services and health care detracted. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.