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Alger Capital Appreciation Fund B   Updated: February 28, 1998      Objective: Growth Overall Rank (1-5): 3 Risk Rank (1-5): 4 Five-Year Return (%): 28.65 as of February 28, 1998     Fund Family: Alger Ticker (NAV): ACAPX Inception Date: Nov. 1, 1993 Address: 75 Maiden Lane New York, NY 10038 Phone: 800 992-3863 One-Year Return (%): 38.223 Percentile Rank: 4 Three-Year Return (%): 23.752 Percentile Rank: 26 Five-Year Return (%): 28.65 Percentile Rank: 1     Net Assets ($ millions): 290.14 Manager: David Alger Since: Nov. 1, 1994 Turnover (%): 95.93 Min. Initial Investment ($): 0 Maximum Load (%): 0 Expense Ratio (%): 2.21 First-Year Redemption Fee (%): 5 12b-1 Fee (%): 0.75

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