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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000930413-04-005768.txt : 20041214
<SEC-HEADER>0000930413-04-005768.hdr.sgml : 20041214
<ACCEPTANCE-DATETIME>20041214092957
ACCESSION NUMBER:		0000930413-04-005768
CONFORMED SUBMISSION TYPE:	497
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20041214
DATE AS OF CHANGE:		20041214
EFFECTIVENESS DATE:		20041214

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ALGER FUNDS
		CENTRAL INDEX KEY:			0000003521
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	033-04959
		FILM NUMBER:		041200285

	BUSINESS ADDRESS:	
		STREET 1:		111 FIFTH AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10003
		BUSINESS PHONE:		2128068800

	MAIL ADDRESS:	
		STREET 1:		30 MONTGOMERY STREET
		STREET 2:		13TH FLOOR
		CITY:			JERSEY CITY
		STATE:			NJ
		ZIP:			07302

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ALGER FUND
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>497
<SEQUENCE>1
<FILENAME>c34806_497.txt
<TEXT>

                                 THE ALGER FUNDS

  SUPPLEMENT DATED DECEMBER 14, 2004 TO THE PROSPECTUS DATED FEBRUARY 28, 2004


This  supplement  amends the section of the Prospectus  titled  "Management  and
Organization - Portfolio Managers" as described below, and is in addition to any
existing supplements to the Prospectus.

         John A. Curry is named as Vice President and portfolio manager of Alger
Money Market Fund, and as Vice President and  co-portfolio  manager,  with Kevin
Collins,  of Alger Balanced Fund.  Steven Thumm returns full-time to his role as
Senior Trader.

         Mr. Curry was previously Vice President at Janney Montgomery Scott, LLC
(September 2003 to December 2004), prior to which he was a portfolio manager for
Whitehall Asset Management's fixed-income institutional and retail assets (March
1999 to March 2003). Prior to joining Whitehall Asset Management,  Mr. Curry was
a  portfolio   manager  at  UBS  Global  Asset  Management   within  the  firm's
institutional fixed-income assets division (July 1995 to February 1999).


PSP & SAI/PSP SUPP 12-14-04 ALGER


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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