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Alger Capital Appreciation Portfolio will now compare to Russell 1000
By Tali David
Minneapolis, Jan. 3 - Alger Portfolios announced that the Alger Capital Appreciation Portfolio will now compare its performance to the Russell 1000 Growth Index to better reflect the aggregate capitalization range of the securities in the fund's portfolio, according to a 497 filing with the Securities and Exchange Commission.
The portfolio previously compared its performance to the Russell 3000 Growth Index.
The funds' manager, Fred Alger Management, Inc., is based in New York.
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