Why Value?

In this video, Bill Nasgovitz, President and Portfolio Manager of the Heartland Value Fund, explains Heartland's bias to value investing with a chart showing the value of a hypothetical $1 investment on 12/31/68 through 12/31/08 in 8 different investing styles. 

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Past performance does not guarantee future results. Value-based investments are subject to the risk that the broad market may not recognize their intrinsic values.

The statements and opinions expressed in the webinar are those of the presenter. Any discussion of investments and investment strategies represents the Funds' investments and portfolio managers' views as of the date of the articles, and are subject to change without notice.

Ibbotson Associates Stock Series: A portfolio of stocks constructed by first selecting deciles (Large-cap = 1-2; Mid-caps = 3-5; Small-cap = 6-8) of the NYSE universe. Once these breakpoints are established, similar-sized AMEX and NASDAQ companies are assigned to the corresponding portfolios. The companies are then ranked by book-to-price, creating a growth (low B/P)/value (high B/P) portfolio where the total market capitalization of the growth and value indices are equal within each portfolio. The Ibbotson Associates All Growth/All Value Stocks: A portfolio of stocks constructed using the lagged marketing capitalization-weighted returns of the large-, mid- and small-cap growth or value series.

All indices are unmanaged. It is not possible to invest directly in an index.

Bill Nasgovitz is a Registered Representative of ALPS Distributors, Inc.