-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000930413-05-007052.txt : 20051011
<SEC-HEADER>0000930413-05-007052.hdr.sgml : 20051010
<ACCEPTANCE-DATETIME>20051011164048
ACCESSION NUMBER:		0000930413-05-007052
CONFORMED SUBMISSION TYPE:	497
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20051011
DATE AS OF CHANGE:		20051011
EFFECTIVENESS DATE:		20051011

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:		051133116

	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>c39407_497.txt
<TEXT>
                                 THE ALGER FUNDS

                        SUPPLEMENT DATED OCTOBER 11, 2005
                                     TO THE
                 PROSPECTUS OF THE FUNDS DATED FEBRUARY 18, 2005

     The following  information will supercede or supplement certain information
in the Funds' Prospectus.

     The  following  information  supercedes  the  description  of the portfolio
manager of the Alger Health Sciences Fund on page 16 of the Prospectus:

     The Alger Health  Sciences Team is  responsible  for the  management of the
Alger Health  Sciences  Fund.  The team members are Dan Chung,  Roseanne Ott and
Joanne Sayers.

     The  following  information  supercedes  the  description  of the portfolio
manager of the Alger Capital Appreciation Fund on page 16 of the Prospectus:

     Patrick  Kelly  is  the  sole  portfolio   manager  of  the  Alger  Capital
Appreciation Fund.

     Teresa McRoberts is no longer with Fred Alger Management, Inc.
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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