Nalin Yogasundram - Heritage Fund Fund Manager
| AHGCX Fund | USD 11.59 0.02 0.17% |
Mr. Yogasundram, Portfolio Manager joined American Century Investments in 2013 as an investment analyst and became a portfolio manager in 2016. Prior to joining American Century, he was an equity analyst for T. Rowe Price. He has bachelors degree from the University of Arkansas, a masters degree from Southern Methodist University and an MBA from The Wharton School of the University of Pennsylvania.
| Phone | 800-345-2021 |
Heritage Fund Management Performance (%)
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Heritage Fund C Leadership Team
Elected by the shareholders, the Heritage Fund's board of directors comprises two types of representatives: Heritage Fund inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Heritage. The board's role is to monitor Heritage Fund's management team and ensure that shareholders' interests are well served. Heritage Fund's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Heritage Fund's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Nalin Yogasundram, Fund Manager | ||
| Robert Brookby, Fund Manager |
Heritage Fund Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right mutual fund is not an easy task. Is Heritage Fund a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Price To Earning | 23.59 X | |||
| Price To Book | 4.54 X | |||
| Price To Sales | 2.33 X | |||
| Total Asset | 8.32 M | |||
| Year To Date Return | 7.50 % | |||
| One Year Return | 19.62 % | |||
| Three Year Return | (2.05) % | |||
| Five Year Return | 8.81 % | |||
| Ten Year Return | 11.52 % | |||
| Net Asset | 5.49 B |
Pair Trading with Heritage Fund
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Heritage Fund position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Heritage Fund will appreciate offsetting losses from the drop in the long position's value.Moving together with Heritage Mutual Fund
| 0.79 | AMDVX | Mid Cap Value | PairCorr |
| 0.97 | AMEIX | Equity Growth | PairCorr |
| 0.92 | AMGIX | Income Growth | PairCorr |
| 0.91 | AMKIX | Emerging Markets | PairCorr |
The ability to find closely correlated positions to Heritage Fund could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Heritage Fund when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Heritage Fund - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Heritage Fund C to buy it.
The correlation of Heritage Fund is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Heritage Fund moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Heritage Fund C moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Heritage Fund can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Heritage Fund C. 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 main economic indicators. Note that the Heritage Fund C information on this page should be used as a complementary analysis to other Heritage Fund's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.