AMRAX

About AMRAX

American Growth Fund Series One Class A is an open-end mutual fund focused on achieving long-term capital appreciation. Established in 1958, this diversified fund primarily invests at least 80% of its assets in common stocks and convertible securities of companies listed on national securities exchanges or traded over the counter. Its strategy emphasizes growth-oriented equities, targeting companies that demonstrate potential for significant capital gains. The fund performs rigorous, independent research, including direct engagement with company management and site visits, to identify suitable investment candidates that meet strict growth and valuation criteria. While the portfolio is diversified across industries and company sizes, it traditionally allocates a significant portion to large-cap growth stocks, with substantial holdings in sectors such as technology, consumer discretionary, and healthcare. Notably, the fund imposes limits to avoid over-concentration: it restricts investments to no more than 5% in a single issuer and no more than 25% in a specific industry at the time of purchase. American Growth Fund Series One Class A stands out for its commitment to thorough research and disciplined diversification, catering to investors seeking exposure to U.S. growth equities within a mutual fund structure.