Alger Global Focus Fund (CHUSX)
The investment seeks long-term capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities, including common stocks, American Depositary Receipts and Global Depositary Receipts, of global companies, which include both U.S. and foreign companies, and invests significantly (at least 40% – unless market conditions are not deemed favorable, in which case the fund would invest at least 30%) in foreign companies. It may invest in companies of any market capitalization, from large, well-established companies to small, emerging growth companies.
Fund Info
| ISIN | US0155491089 |
|---|---|
| CUSIP | 015549108 |
| Issuer | Alger |
| Inception Date | Nov 2, 2003 |
| Category | Global Equities |
| Min. Investment | $1,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
CHUSX has a high expense ratio of 1.50%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: CHUSX vs. IOO
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Alger Global Focus Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Alger Global Focus Fund had a return of 7.95% year-to-date (YTD) and 24.58% in the last 12 months. Over the past 10 years, Alger Global Focus Fund had an annualized return of 6.99%, while the S&P 500 had an annualized return of 10.64%, indicating that Alger Global Focus Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.95% | 7.50% |
| 1 month | -1.60% | -1.61% |
| 6 months | 21.44% | 17.65% |
| 1 year | 24.58% | 26.26% |
| 5 years (annualized) | 8.88% | 11.73% |
| 10 years (annualized) | 6.99% | 10.64% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.29% | 6.98% | 3.55% | -5.15% | ||||||||
| 2023 | -2.70% | 11.29% | 6.48% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of CHUSX is 64, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Alger Global Focus Fund(CHUSX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Alger Global Focus Fund (CHUSX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Alger Global Focus Fund granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $3.19 | $0.00 | $0.62 | $1.74 | $0.98 | $0.21 |
Dividend yield | 0.00% | 0.00% | 0.00% | 9.87% | 0.00% | 2.77% | 9.32% | 4.03% | 1.01% |
Monthly Dividends
The table displays the monthly dividend distributions for Alger Global Focus Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.19 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.62 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.74 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.98 |
| 2016 | $0.21 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Alger Global Focus Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Alger Global Focus Fund was 69.31%, occurring on Nov 20, 2008. Recovery took 2250 trading sessions.
The current Alger Global Focus Fund drawdown is 15.24%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -69.31% | Nov 1, 2007 | 266 | Nov 20, 2008 | 2250 | Oct 31, 2017 | 2516 |
| -41.48% | Nov 10, 2021 | 234 | Oct 14, 2022 | — | — | — |
| -29.08% | Jan 29, 2018 | 538 | Mar 18, 2020 | 56 | Jun 8, 2020 | 594 |
| -20.8% | Apr 13, 2004 | 25 | May 17, 2004 | 133 | Nov 24, 2004 | 158 |
| -15.88% | May 10, 2006 | 24 | Jun 13, 2006 | 108 | Nov 15, 2006 | 132 |
Volatility
Volatility Chart
The current Alger Global Focus Fund volatility is 4.73%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.