14 important things you should know about Alger CHUCX mutual fund

Updated: June 28, 2020
25

Before we start: if you’re looking for CHUCX “stock” price, you can quickly find it out by visiting Finny and typing "CHUCX quote". If you’re looking for a quick scoop on CHUCX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "CHUCX". You’ll get all this info in one place.

Are you looking to buy or sell CHUCX? Or perhaps you’re looking for CHUCX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this CHUCX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: CHUCX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: CHUCX buy or sell; the pros and cons of investing in CHUCX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to CHUCX.

And here is the list of questions we’ll answer:

  1. Describe Alger Global Growth Fund; Class C Shares (CHUCX).
  2. What are CHUCX holdings?
  3. What is CHUCX performance? What are CHUCX historical returns?
  4. How many up and down years did CHUCX have historically?
  5. What is CHUCX dividend yield?
  6. What is CHUCX minimum initial investment amount?
  7. What is CHUCX expense ratio?
  8. Does CHUCX have any sales loads or 12b-1 distribution expenses?
  9. What is CHUCX tax efficiency (tax-cost ratio)?
  10. What is CHUCX beta? How would you assess CHUCX risk?
  11. What is CHUCX Sharpe ratio?
  12. What is CHUCX Finny Score? CHUCX buy or sell?
  13. What are the pros of investing in CHUCX? What are CHUCX buy reasons?
  14. What are the cons of investing in CHUCX? What are CHUCX sell reasons?

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe Alger Global Growth Fund; Class C Shares (CHUCX).

The Fund seeks capital appreciation by investing primarily in equity securities, or securities convertible into equity securities, that trade on the U.S. and Chinese securities markets and are economically tied to China or the United States.

2. What are CHUCX top holdings?

CHUCX has 42 stock holdings and 0 bond holdings.

The top 10 holdings represent 31.68% of total assets. Here are the top holdings:

Name Symbol % Assets
Microsoft Corp MSFT 4.16%
Kerry Group PLC Class A KYGA.L 3.40%
Adobe Inc ADBE 3.30%
Alibaba Group Holding Ltd ADR BABA 3.25%
Teleperformance SE TEP.PA 3.16%
LVMH Moet Hennessy Louis Vuitton SE MC.PA 3.03%
Applied Materials Inc AMAT 2.92%
Lululemon Athletica Inc LULU 2.84%
The Carlyle Group Inc CG 2.83%
Grifols SA ADR GRFS.BC 2.79%

3. What is CHUCX performance? What are CHUCX historical returns?

CHUCX has generated the following returns:

  • 1-month return is 8.78%;
  • 3-month return is -6.22%;
  • 1-year return is 2.99%;
  • 3-year return is 3.17%;
  • 5-year return is 2.12%;
  • 10-year return is 4.95%.

4. How many up and down years did CHUCX have historically?

In the last 10 years, CHUCX had 7 up years and 3 down years.

5. What is CHUCX dividend yield?

CHUCX yield is 2.21%.

6. What is CHUCX minimum initial investment amount?

CHUCX minimum initial investment amount is $1.00K.

7. What is CHUCX expense ratio?

CHUCX expense ratio is 2.25%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

8. Does CHUCX have any sales loads or 12b-1 distribution expenses?

CHUCX 12b-1 distribution fee is 1. CHUCX front-end sales load is 0. CHUCX back-end sales load is 1.

9. What is CHUCX tax efficiency (tax-cost ratio)?

  • 1-year ax cost ratio is 0.9%;
  • 3-year ax cost ratio is 1.45%.

10. What is CHUCX beta? How would you assess CHUCX risk?

  • 3-year beta is 0.92;
  • 5-year beta is 0.84;
  • 10-year beta is 0.89;
  • 15-year beta is 1.01.

11. What is CHUCX Sharpe ratio?

  • 3-year Sharpe ratio is -0.06;
  • 5-year Sharpe ratio is -0.04;
  • 10-year Sharpe ratio is 0.23;
  • 15-year Sharpe ratio is 0.32.

Analysis

12. What is CHUCX Finny Score? CHUCX buy or sell?

CHUCX Finny Score is 25. Our quantitative analysis shows 2 reasons to buy CHUCX and 6 reasons to sell it, resulting in the Finny Score of 25.

13. What are the pros of investing in CHUCX? What are CHUCX buy reasons?

The following are CHUCX strengths from our perspective:

  • CHUCX 5-year Beta is 0.84, which is inversely correlated with the index (MSCI ACWI Ex USA NR USD). The could be good if you're trying to hedge your portfolio.
  • CHUCX 10-year Beta is 0.89, which is inversely correlated with the index (MSCI ACWI Ex USA NR USD). The could be good if you're trying to hedge your portfolio.

14. What are the cons of investing in CHUCX? What are CHUCX negatives?

The following are CHUCX weaknesses from our perspective:

  • CHUCX net assets are $2.30 million. This fund is not a popular choice with retail investors.
  • CHUCX 3-year return is 3.17%, which is lower than the 3-year return of the benchmark index (MSCI ACWI NR USD), 4.21%.
  • CHUCX 5-year return is 2.12%, which is lower than the 5-year return of the benchmark index (MSCI ACWI NR USD), 4.32%.
  • CHUCX 10-year return is 4.95%, which is lower than the 10-year return of the benchmark index (MSCI ACWI NR USD), 7.47%.
  • Warning: this fund has a 12b1 and deferred sales fee. The maximum 12b1 fee is 1%, while the maximum deferred sales load is 1%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. Deferred sales load is a back-end sales charge and is imposed when an investor redeems shares.
  • CHUCX expense ratio is 2.25%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
In the CHUCX review, we covered CHUCX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.
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