XML 23 R9.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk Return [Abstract] rr_RiskReturnAbstract  
ProspectusDate rr_ProspectusDate Mar. 01, 2012
Alger Capital Appreciation Fund (First Prospectus Summary) | Alger Capital Appreciation Fund
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Risk/Return, Heading rr_RiskReturnHeading Alger Capital Appreciation Fund
Investment Objective, Heading rr_ObjectiveHeading INVESTMENT OBJECTIVE
investment Objective, Primary rr_ObjectivePrimaryTextBlock Alger Capital Appreciation Fund seeks long-term capital appreciation.
Expense, Heading rr_ExpenseHeading FUND FEES AND EXPENSES
Expense, Narrative rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold
shares of the Fund. You may qualify for sales charge discounts if you and your
family invest, or agree to invest in the future, at least $25,000 in Class A
Shares of the Alger Family of Funds, including the Fund. More information about
these and other discounts is available from your financial professional and in
"Purchasing and Redeeming Fund Shares" beginning on page A-2 of the Fund's
Prospectus and the sections "Right of Accumulation (Class A Shares)" and "Letter
of Intent (Class A Shares)" on page 20 of the Fund's Statement of Additional
Information.
Shareholder Fees, Caption rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
Operating Expenses, Caption rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Portfolio Turnover, Heading rr_PortfolioTurnoverHeading PORTFOLIO TURNOVER
Portfolio Turnover rr_PortfolioTurnoverTextBlock The Fund pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). A higher portfolio turnover rate may
indicate higher transaction costs and may result in higher taxes when Fund
shares are held in a taxable account. These costs, which are not reflected in
annual fund operating expenses or in the examples, affect the Fund's
performance. During the most recent fiscal year, the Fund's portfolio turnover
rate was 163.79% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 163.79%
Expense Breakpoint, Discounts rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $25,000 in Class A Shares of the Alger Family of Funds, including the Fund.
Expense Breakpoint, Minimum Investment Required Amount rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 25,000
Expense Example, Heading rr_ExpenseExampleHeading EXAMPLE
Expense Example, Narrative rr_ExpenseExampleNarrativeTextBlock The following examples are intended to help you compare the cost of investing in
the Fund with the cost of investing in other mutual funds. The examples assume
that you invest $10,000.00 in the Fund for the time periods indicated, that your
investment has a 5% return each year and that the Fund's operating expenses
remain the same.
Expense Example, By Year, Caption rr_ExpenseExampleByYearCaption Although your actual costs may be higher or lower, based on these assumptions you would pay the following expenses if you redeemed your shares at the end of each period:
Expense Example, No Redemption, By Year, Caption rr_ExpenseExampleNoRedemptionByYearCaption You would pay the following expenses if you did not redeem your shares:
Investment Strategy, Heading rr_StrategyHeading PRINCIPAL INVESTMENT STRATEGY
Investment Strategy, Narrative rr_StrategyNarrativeTextBlock Fred Alger Management, Inc. believes companies undergoing Positive Dynamic
Change offer the best investment opportunities. Positive Dynamic Change refers
to companies realizing High Unit Volume Growth or companies undergoing Positive
Lifecycle Change. High Unit Volume Growth companies are traditional growth
companies experiencing, for example, significantly growing demand or market
dominance. Positive Lifecycle Change companies are, for example, companies
benefitting from regulatory change, a new product introduction or management
change.

Under normal market circumstances, the Fund invests at least 85% of its net
assets, plus any borrowings for investment purposes, in equity securities of
companies of any market capitalization that Fred Alger Management, Inc. believes
demonstrate promising growth potential.

The Fund can leverage, that is, borrow money to buy additional securities. By
borrowing money, the Fund has the potential to increase its returns if the
increase in the value of the securities purchased exceeds the cost of borrowing,
including interest paid on the money borrowed.

The Fund can also invest in derivative instruments. The Fund currently expects
that its primary uses of derivatives will involve: (1) purchasing put and call
options and selling (writing) covered put and call options, on securities and
securities indexes, to increase gain, to hedge against the risk of unfavorable
price movements in the underlying securities, or to provide diversification of
risk, and (2) entering into forward currency contracts to hedge the Fund's
foreign currency exposure when it holds, or proposes to hold, non-U.S. dollar
denominated securities.
Risk, Heading rr_RiskHeading PRINCIPAL RISKS
Risk, Narrative rr_RiskNarrativeTextBlock As with any fund that invests in stocks, your investment will fluctuate in
value, and the loss of your investment is a risk of investing. The Fund's price
per share will fluctuate due to changes in the market prices of its investments.
Also, the Fund's investments may not grow as fast as the rate of inflation and
stocks tend to be more volatile than some other investments you could make, such
as bonds.

Prices of growth stocks tend to be higher in relation to their companies'
earnings and may be more sensitive to market, political and economic
developments than other stocks, making their prices more volatile. An investment
in the Fund may be better suited to investors who seek long-term capital growth
and can tolerate fluctuations in their investment's value.

A small investment in derivatives could have a potentially large impact on the
Fund's performance. When purchasing options, the Fund bears the risk that if the
market value of the underlying security does not move to a level that would make
exercise of the option profitable, the option will expire unexercised. When a
call option written by the Fund is exercised, the Fund will not participate in
any increase in the underlying security's value above the exercise price. When a
put option written by the Fund is exercised, the Fund will be required to
purchase the underlying security at a price in excess of its market value. Use
of options on securities indexes is subject to the risk that trading in the
options may be interrupted if trading in certain securities included in the
index is interrupted, the risk that price movements in the Fund's portfolio
securities may not correlate precisely with movements in the level of an index,
and the risk that Fred Alger Management, Inc. may not predict correctly
movements in the direction of a particular market or of the stock market
generally. Because certain options may require settlement in cash, the Fund may
be forced to liquidate portfolio securities to meet settlement obligations.
Forward currency contracts are subject to currency exchange rate risks, the risk
of non-performance by the contract counterparty, and the risk that Fred Alger
Management, Inc. may not predict accurately future foreign exchange rates.

The following risks also apply:

• investing in companies of all capitalizations involves the risk that smaller
issuers in which the Fund invests may have limited product lines or financial
resources, or lack management depth.

• it may be difficult or impossible to liquidate a security position at a time
and price acceptable to the Fund because of the potentially less frequent
trading of stocks of smaller market capitalization.
  
• the cost of borrowing money to leverage may exceed the returns for the
securities purchased or the securities purchased may actually go down in value;
thus, the Fund's net asset value can decrease more quickly than if the Fund had
not borrowed.
Risk, Lose Money rr_RiskLoseMoney As with any fund that invests in stocks, your investment will fluctuate in value, and the loss of your investment is a risk of investing.
Bar Chart and Performance Table, Heading rr_BarChartAndPerformanceTableHeading PERFORMANCE
Performance, Narrative rr_PerformanceNarrativeTextBlock The following bar chart and the table beneath it provide some indication of the
risks of investing in the Fund by showing changes in the Fund's performance from
year to year and by showing how the Fund's average annual returns for the
indicated periods compare with those of an appropriate benchmark of market
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. Performance in the bar chart does not
reflect the effect of the sales charge imposed on purchases of Class A Shares of
the Fund. If the bar chart reflected the applicable sales charges, returns would
be less than those shown. Remember that a Fund's past performance (before and
after taxes) is not necessarily an indication of how it will perform in the
future. Updated performance information is available on the Fund's website
www.alger.com.
Performance, Information Illustrates Variability of Returns rr_PerformanceInformationIllustratesVariabilityOfReturns The following bar chart and the table beneath it provide some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year to year and by showing how the Fund's average annual returns for the indicated periods compare with those of an appropriate benchmark of market performance.
Performance, Availability Website Address rr_PerformanceAvailabilityWebSiteAddress www.alger.com
Performance, Past Does Not Indicate Future rr_PerformancePastDoesNotIndicateFuture Remember that a Fund's past performance (before and after taxes) is not necessarily an indication of how it will perform in the future.
Bar Chart, Heading rr_BarChartHeading ANNUAL TOTAL RETURN FOR CLASS A SHARES as of December 31 (%)
Bar Chart, Does Not Reflect Sales Loads rr_BarChartDoesNotReflectSalesLoads Performance in the bar chart does not reflect the effect of the sales charge imposed on purchases of Class A Shares of the Fund. If the bar chart reflected the applicable sales charges, returns would be less than those shown.
Bar Chart, Closing rr_BarChartClosingTextBlock Best Quarter:
Q2 2009  20.60%

Worst Quarter:
Q4 2008   -22.57%
Index No Deduction for Fees, Expenses, Taxes rr_IndexNoDeductionForFeesExpensesTaxes reflects no deduction for fees, expenses or taxes
Performance Table, Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate In the foregoing table, after-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table, Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor's tax situation and may differ from those shown. The after-tax returns shown may not be relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
Performance Table, One Class of after Tax Shown rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns for Class B and Class C Shares, which are not shown, will vary from those shown for Class A Shares.
Performance Table, Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher A "return after taxes on distributions and sale of fund shares" may sometimes be higher than the other two return figures; this happens where there is a capital loss on redemptions, giving rise to a tax benefit to the shareholder.
Performance Table, Closing rr_PerformanceTableClosingTextBlock In the foregoing table, after-tax returns are calculated using the historical
highest individual federal marginal income tax rates and do not reflect the
impact of state and local taxes. Actual after-tax returns depend on an
investor's tax situation and may differ from those shown. The after-tax returns
shown may not be relevant to investors who hold their Fund shares through
tax-deferred arrangements, such as 401(k) plans or individual retirement
accounts. After-tax returns for Class B and Class C Shares, which are not shown,
will vary from those shown for Class A Shares. A "return after taxes on
distributions and sale of fund shares" may sometimes be higher than the other
two return figures; this happens where there is a capital loss on redemptions,
giving rise to a tax benefit to the shareholder.
Average Annual Returns, Caption rr_AverageAnnualReturnCaption AVERAGE ANNUAL TOTAL RETURN AS OF DECEMBER 31, 2011
Alger Capital Appreciation Fund (First Prospectus Summary) | Alger Capital Appreciation Fund | Russell 1000 Growth Index
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Average Annual Returns, Label rr_AverageAnnualReturnLabel Russell 1000 Growth Index (reflects no deduction for fees, expenses or taxes)
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 2.64%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 2.50%
Average Annual Returns, 10 Years rr_AverageAnnualReturnYear10 2.60%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 4.45%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Dec. 31, 1996 [1]
Alger Capital Appreciation Fund (First Prospectus Summary) | Alger Capital Appreciation Fund | Russell 3000 Growth Index
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Average Annual Returns, Label rr_AverageAnnualReturnLabel Russell 3000 Growth Index (reflects no deduction for fees, expenses or taxes)
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 2.18%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 2.46%
Average Annual Returns, 10 Years rr_AverageAnnualReturnYear10 2.74%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 4.37%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Dec. 31, 1996 [1]
Alger Capital Appreciation Fund (First Prospectus Summary) | Alger Capital Appreciation Fund | Class A
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases as a % of offering price rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.25%
Maximum deferred sales charge (load) as a % of purchase price or redemption proceeds, whichever is lower rr_MaximumDeferredSalesChargeOverOfferingPrice none
Redemption Fee (as a % of amount redeemed or exchanged within 30 days) rr_RedemptionFeeOverRedemption (2.00%)
Management Fees rr_ManagementFeesOverAssets 0.81%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.25%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.31%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 651
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 918
Expense Example, With Redemption, 5 Years rr_ExpenseExampleYear05 1,205
Expense Example, With Redemption, 10 Years rr_ExpenseExampleYear10 2,021
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 651
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 918
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,205
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 2,021
Annual Return 2002 rr_AnnualReturn2002 (35.21%)
Annual Return 2003 rr_AnnualReturn2003 35.26%
Annual Return 2004 rr_AnnualReturn2004 7.43%
Annual Return 2005 rr_AnnualReturn2005 15.01%
Annual Return 2006 rr_AnnualReturn2006 18.76%
Annual Return 2007 rr_AnnualReturn2007 31.93%
Annual Return 2008 rr_AnnualReturn2008 (44.44%)
Annual Return 2009 rr_AnnualReturn2009 50.00%
Annual Return 2010 rr_AnnualReturn2010 13.11%
Annual Return 2011 rr_AnnualReturn2011 (0.97%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter:
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 20.60%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter:
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (22.57%)
Average Annual Returns, Label rr_AverageAnnualReturnLabel Class A Return Before Taxes
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 (6.15%)
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 3.13%
Average Annual Returns, 10 Years rr_AverageAnnualReturnYear10 4.15%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 6.56%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Dec. 31, 1996 [1]
Alger Capital Appreciation Fund (First Prospectus Summary) | Alger Capital Appreciation Fund | Class A | After Taxes on Distributions
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Average Annual Returns, Label rr_AverageAnnualReturnLabel Class A Return After Taxes on Distributions
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 (6.15%)
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 3.13%
Average Annual Returns, 10 Years rr_AverageAnnualReturnYear10 4.15%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 5.96%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Dec. 31, 1996 [1]
Alger Capital Appreciation Fund (First Prospectus Summary) | Alger Capital Appreciation Fund | Class A | After Taxes on Distributions and Sales
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Average Annual Returns, Label rr_AverageAnnualReturnLabel Class A Return After Taxes on Distributions and Sale of Fund Shares
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 (4.00%)
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 2.69%
Average Annual Returns, 10 Years rr_AverageAnnualReturnYear10 3.61%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 5.51%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Dec. 31, 1996 [1]
Alger Capital Appreciation Fund (First Prospectus Summary) | Alger Capital Appreciation Fund | Class B
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases as a % of offering price rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) as a % of purchase price or redemption proceeds, whichever is lower rr_MaximumDeferredSalesChargeOverOfferingPrice 5.00%
Redemption Fee (as a % of amount redeemed or exchanged within 30 days) rr_RedemptionFeeOverRedemption (2.00%)
Management Fees rr_ManagementFeesOverAssets 0.81%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses rr_OtherExpensesOverAssets 0.34%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.15%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 718
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 973
Expense Example, With Redemption, 5 Years rr_ExpenseExampleYear05 1,354
Expense Example, With Redemption, 10 Years rr_ExpenseExampleYear10 2,269
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 218
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 673
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,154
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 2,269
Average Annual Returns, Label rr_AverageAnnualReturnLabel Class B Return Before Taxes
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 (6.76%)
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 3.02%
Average Annual Returns, 10 Years rr_AverageAnnualReturnYear10 4.05%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 6.52%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Nov. 01, 1993 [1]
Alger Capital Appreciation Fund (First Prospectus Summary) | Alger Capital Appreciation Fund | Class C
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases as a % of offering price rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) as a % of purchase price or redemption proceeds, whichever is lower rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00%
Redemption Fee (as a % of amount redeemed or exchanged within 30 days) rr_RedemptionFeeOverRedemption (2.00%)
Management Fees rr_ManagementFeesOverAssets 0.81%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses rr_OtherExpensesOverAssets 0.28%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.09%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 312
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 655
Expense Example, With Redemption, 5 Years rr_ExpenseExampleYear05 1,124
Expense Example, With Redemption, 10 Years rr_ExpenseExampleYear10 2,421
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 212
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 655
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,124
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 2,421
Average Annual Returns, Label rr_AverageAnnualReturnLabel Class C Return Before Taxes
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 (2.76%)
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 3.46%
Average Annual Returns, 10 Years rr_AverageAnnualReturnYear10 3.92%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 6.27%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Jul. 31, 1997 [1]
[1] Performance of the Fund's Class C Shares prior to July 31, 1997 reflects the performance of the Fund's Class A Shares, as adjusted with currently applicable sales charges and operating expenses, which differ from historical charges and expenses. Since inception performance of the Fund's Class B Shares is available upon request.