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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