0001104659-11-071824.txt : 20120103 0001104659-11-071824.hdr.sgml : 20120102 20111230174806 ACCESSION NUMBER: 0001104659-11-071824 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120103 DATE AS OF CHANGE: 20111230 EFFECTIVENESS DATE: 20120103 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: 111289578 BUSINESS ADDRESS: STREET 1: 360 PARK AVENUE SOUTH CITY: NEW YORK STATE: NY ZIP: 10010 BUSINESS PHONE: 212-806-8833 MAIL ADDRESS: STREET 1: 360 PARK AVENUE SOUTH CITY: NEW YORK STATE: NY ZIP: 10010 FORMER COMPANY: FORMER CONFORMED NAME: ALGER FUND DATE OF NAME CHANGE: 19920703 0000003521 S000009163 Alger Capital Appreciation Fund C000024912 Alger Capital Appreciation Fund Class A ACAAX C000024913 Alger Capital Appreciation Fund Class B ACAPX C000024914 Alger Capital Appreciation Fund Class C ALCCX C000095959 Alger Capital Appreciation Fund Class Z ACAZX 497 1 a11-30734_1497.htm 497

THE ALGER FUNDS

Alger Capital Appreciation Fund

Supplement Dated January 1, 2012 to the
Prospectus Dated March 1, 2011
As supplemented to date

The following is added to page 4, as the fourth sentence under the heading "Performance."

Prior to January 1, 2012, the Fund compared its performance to the Russell 3000 Growth Index. The Fund will compare its performance to the Russell 1000 Growth Index to better reflect the aggregate capitalization range of the securities in the Fund's portfolio.

S-MPAD 1112



THE ALGER FUNDS

Alger Capital Appreciation Fund

Class Z

Supplement Dated January 1, 2012 to the
Prospectus Dated March 1, 2011
As supplemented to date

The following is added to page 45, as the sixth sentence under the heading "Performance":

Prior to January 1, 2012, the Fund compared its performance to the Russell 3000 Growth Index. The Fund will compare its performance to the Russell 1000 Growth Index to better reflect the aggregate capitalization range of the securities in the Fund's portfolio.

S-MPIR 1112