Compelling Growth Potential. Heritage is an opportunistic growth fund designed to help build capital over time through investments in growing mid-sized companies.
Mid-Cap Sweet Spot
Mid-cap companies often have more sustainable business models with less volatility than small-cap companies and higher long-term growth potential than large-cap companies. Thus, investing in mid-cap stocks may help diversify your portfolio and improve risk-adjusted returns. Diversification does not ensure a profit or protect against a loss in a declining market.
Heritage’s managers focus on finding promising mid-sized companies early in their growth cycle. Their distinctive investment strategy seeks 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
The investment team looks past market consensus expectations, which tend to greatly underestimate or overestimate a company's earnings growth potential. By focusing on income statements and analyzing other non-financial metrics, they often identify improved business trends to buy companies early in an upward cycle.
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 Thomson Reuters Company, subject to the following: Copyright 2015 © Thomson 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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