Fred Alger & Company
, distributor of the Spectra Fund
announced today that the fund will be offering Class A shares effective June 30, 2000.
"We believe very strongly in the value of professional, full-service investment representatives and therefore decided to introduce this new class due to numerous requests from those who want to sell the fund." says Jim Connelly
, executive vice president, marketing.
The fund will also offer a 100% dealer reallowance through the end of the year.
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