Compelling Growth Potential. Heritage is an opportunistic growth fund designed to help build capital over time through investments in growing mid-sized companies.
Invest in the Sweet Spot
Mid-cap stocks have historically outperformed both small- and large-cap stocks, yet we believe most investors are under-allocated to this market segment. Since 1978, mid-caps have:
- Generated a cumulative total return that's 72% greater than small caps and 99% greater than large caps.1
- Outperformed large caps in 65% rolling five-year periods and small caps in 89% of rolling five-year periods.1
Heritage’s managers focus on finding promising mid-sized companies early in their growth cycle. Their distinctive investment strategy is designed to uncover:
- Businesses demonstrating sustainable accelerating growth trends
- Compelling growth opportunities other managers may miss
- Companies showing tangible signs of being rewarded by the market
Compared to its peers, Heritage’s performance has had a lower level of correlation with the S&P 500 Index®.2 This means the fund may help diversify your large-cap oriented stock portfolio. Diversification does not ensure a profit or protect against a loss in a declining market.
A Note About Risk
The value and/or returns of a portfolio will fluctuate with market and economic conditions. Historically, small and/ or mid-cap stocks have been more volatile than the stocks of larger, more established companies. Smaller companies may have limited resources, product lines and markets, and their securities may trade less frequently and in more limited volumes than those of larger companies. There is no guarantee that the investment objectives will be met. Dividends and yields represent past performance and there is no guarantee that they will continue to be paid.
Past performance is no guarantee of future results.
Data reflects past performance for Investor Class shares, assumes reinvestment of dividends and capital gains and is no guarantee of future results. Current performance may be higher or lower than data shown. Investment return and principal value fluctuates. Redemption value may be more or less than original cost. Obtain performance data current to the most recent month end. For additional share class information, consult the prospectus. Extraordinary performance is attributable in part to unusually favorable market conditions and may not be repeated or consistently achieved in the future.
W2 If your account falls below the minimum balance, you will be notified and given 90 days to meet the minimum. If the deadline is not met, American Century Investments may redeem the shares in the account and send the proceeds to the address of record.
Expense ratios provided are the funds' total annual operating expense ratios, gross of any fee waivers or expense reimbursements. Expense ratios are as of the funds' most current prospectus.
Lipper rankings are based on average annual total returns. Portions of the mutual fund performance information contained on this page were supplied by Lipper, a Reuters Company, subject to the following: Copyright 2015 © Reuters. All rights reserved. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Performance data is preliminary and subject to revision. Rankings are based on all classes available within the classification as of the date shown. Rankings are based only on the universe shown.
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