Alger uses MSCI ESG Research, whose products and services are designed to provide in-depth research, ratings and analysis of environmental, social and governance-related business practices, for pre-screening based on the following categories: Alcohol, Abortion/Contraceptives, Defense & Weapons, Gambling, Global Sanctions, Global Sanction – Sudan Specific, Nuclear Power, Pork, Tobacco, Global Weapons Production, Global Weapons – Cluster Bomb Specific, Adult Entertainment, Labor Relations and OFAC.
Currently, Alger offers the Alger Responsible Investing Fund, which primarily invests in growth equity securities of U.S. companies identified through our fundamental research as demonstrating promising growth potential and rated as having positive environmental, social, or governance practices. ESG criteria are an integral component of portfolio construction in the Fund.