AMRBX

About AMRBX

American Growth Fund Series One Class B is a diversified, open-end equity mutual fund that seeks to achieve long-term capital growth. Managed by Investment Research Corporation, the fund primarily invests at least 80% of its assets in common stocks and securities convertible into common stocks, focusing on companies traded on national securities exchanges or over-the-counter markets. Its strategy involves rigorous internal research and direct engagement with company management and facilities, aiming to identify companies that meet stringent growth criteria. The fund limits concentration by capping investments in any single issuer at 5% and restricting sector exposure to no more than 25%, promoting diversification across industries. While it typically favors large-cap companies, the fund may invest in firms of all sizes. Class B shares feature unique characteristics, such as deferred sales charges and an automatic conversion to Class A shares after approximately seven years. This fund plays a role in providing investors with access to a professionally managed, diversified portfolio targeting capital appreciation in the U.S. equity market.