Fred Alger Management (FAM) is a growth manager that uses proprietary, bottom-up, fundamental research to identify companies that are undergoing positive dynamic change. The firm invests in companies experiencing high unit volume growth and/or companies undergoing a positive life cycle change. Companies with high unit volume growth are companies that may be experiencing growing demand, have a strong business model, have market dominance or have strong free cash flow. Companies undergoing positive life cycle change may have new management, a new product innovation, may be involved in a new acquisition or may stand to benefit from new regulations. FAM's investment strategies include: FAM offers multiple investment strategies, including Capital Appreciation, Capital Appreciation Focus, Dynamic Return, Emerging Markets, Growth & Income, Health Sciences, International Growth, Global Growth, Large Cap Growth, Mid Cap Growth, Mid Cap Focus, Small Cap Growth, Small Cap Focus, SMid Cap Growth, Spectra and SRI Capital Appreciation.