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AB Discovery Growth A Fund (CHCLX) in Focus

AB Discovery Growth A ( CHCLX ) a Zacks Ranked #1 (Strong Buy) seeks long-term growth of capital and income primarily through investments in common stocks that Alliance believes, appreciates in value. CHCLX invests a large portion of its net assets in mid-capitalization companies. If there are any dividends and capital gains, the management distributes them after the end of each calendar year.

This Mid Blend fund, as of the last filing, allocates their fund in three major groups; Small Growth, Large Value, Emerging Market. Further, as of the last filing, ACADIA HEALTHCARE CO INC, MIDDLEBY CORP and HEXCEL CORP were the top holdings for CHCLX.

The AB Discovery Growth A fund, managed by AllianceBern , carries an expense ratio of 1.01. Moreover, CHCLX requires a minimal initial investment of $2,500.

CHCLX has a history of strong positive total returns for over 10 years. Specifically, the fund's returns over the 1, 3, 5 year benchmarks; 1 year 3.02%, 3 year 13.96%, and 5 year 18.56%. To see how this fund performed compared in its category, please click here .

CHCLX's performance, as of the last filing, when compared to funds in its category was in the top 25% in 1 year, top 48% over the past 3 years, and in the 6% over the past 5 years.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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