Heritage Fund I Fund Quote
| ATHIX Fund | USD 26.61 0.48 1.77% |
Performance12 of 100
| Odds Of DistressLess than 19
|
Heritage Fund is trading at 26.61 as of the 16th of April 2024; that is -1.77 percent decrease since the beginning of the trading day. The fund's open price was 27.09. Heritage Fund has less than a 19 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Heritage Fund I are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of April 2022 and ending today, the 16th of April 2024. Click here to learn more.
The fund normally invests in stocks of medium-sized companies that the adviser believes will increase in value over time, using an investment strategy developed by the funds investment advisor. In implementing this strategy, the portfolio managers make their investment decisions based primarily on their analysis of individual companies, rather than on broad economic forecasts. More on Heritage Fund I
Moving together with Heritage Mutual Fund
| 0.8 | AMDVX | Mid Cap Value | PairCorr |
| 0.98 | AMEIX | Equity Growth | PairCorr |
| 0.95 | AMGIX | Income Growth | PairCorr |
| 0.93 | AMKIX | Emerging Markets | PairCorr |
| 0.86 | TWADX | Value Fund A | PairCorr |
Heritage Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Heritage Fund's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Heritage Fund or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | American Century Investments Funds, Large Funds, Mid-Cap Growth Funds, Mid-Cap Growth, American Century Investments (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of March 2023 |
| Fiscal Year End | October |
Heritage Fund I [ATHIX] is traded in USA and was established 16th of April 2024. Heritage Fund is listed under American Century Investments category by Fama And French industry classification. The fund is listed under Mid-Cap Growth category and is part of American Century Investments family. This fund presently has accumulated 5.49 B in assets under management (AUM) with no minimum investment requirementsHeritage Fund I is currently producing year-to-date (YTD) return of 7.78%, while the total return for the last 3 years was -0.84%.
Check Heritage Fund Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Heritage Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Heritage Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Heritage Fund I Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Heritage Fund I Mutual Fund Constituents
| DLTR | Dollar Tree | Stock | Consumer Staples |
| BURL | Burlington Stores | Stock | Consumer Discretionary |
| BAH | Booz Allen Hamilton | Stock | Information Technology |
| VEEV | Veeva Systems Class | Stock | Health Care |
| NOW | ServiceNow | Stock | Information Technology |
| FISV | Fiserv Inc | Stock | Information Technology |
| HLT | Hilton Worldwide Holdings | Stock | Consumer Discretionary |
Heritage Fund Target Price Odds Analysis
Based on a normal probability distribution, the odds of Heritage Fund jumping above the current price in 90 days from now is about 43.78%. The Heritage Fund I probability density function shows the probability of Heritage Fund mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.3008. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Heritage Fund will likely underperform. Additionally, heritage Fund I has an alpha of 0.0546, implying that it can generate a 0.0546 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Heritage Fund to move above the current price in 90 days from now is about 43.78 (This Heritage Fund I probability density function shows the probability of Heritage Mutual Fund to fall within a particular range of prices over 90 days) .
Heritage Fund I Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Heritage Fund market risk premium is the additional return an investor will receive from holding Heritage Fund long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Heritage Fund. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Heritage Fund's alpha and beta are two of the key measurements used to evaluate Heritage Fund's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8026 | |||
| Semi Deviation | 0.8377 | |||
| Standard Deviation | 0.9897 | |||
| Variance | 0.9795 |
Heritage Fund Against Markets
Picking the right benchmark for Heritage Fund mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Heritage Fund mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Heritage Fund is critical whether you are bullish or bearish towards Heritage Fund I at a given time. Please also check how Heritage Fund's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Heritage Fund without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Economic Indicators Now
Economic IndicatorsTop statistical indicators that provide insights into how an economy is performing |
| All Next | Launch Module |
How to buy Heritage Mutual Fund?
Before investing in Heritage Fund, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Heritage Fund. To buy Heritage Fund fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Heritage Fund. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Heritage Fund fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Heritage Fund I fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Heritage Fund I fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Heritage Fund I, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Heritage Fund I?
The danger of trading Heritage Fund I is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Heritage Fund is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Heritage Fund. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Heritage Fund I is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Heritage Fund I. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.