Automatic investment plans require monthly or quarterly withdrawals of at least $50 from a bank account. The sum automatically will be invested into your Heartland Funds account.
To establish a plan, new clients should complete the “Automatic Investment Plan” section of the application when applying for a:
Regular account
IRA account
Coverdell ESA account
Automatic investment plans are a form of dollar cost averaging, which involve:
Investors who take a disciplined dollar cost averaging approach may experience better returns than individuals who invest based on emotions. This is because the investor who makes consistent purchases, even during down markets, likely will be rewarded when the market recovers and those shares appreciate in value.
The following illustration demonstrates the potential benefit of dollar cost averaging. Whereas investors controlled by emotion are more likely to buy during a market peak because they feel confident and sell during a market trough because they are panicked, dollar cost averaging provides a consistent allocation and potential for appreciation.
Contact the Shareholder Services Team at 800-432-7856, or send an email. The Team is available 8 a.m. to 7 p.m. CT, Monday to Friday.
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Dollar cost averaging does not assure a profit and does not protect against a loss in a declining market. The strategy involves a continuous investment in securities regardless of fluctuating prices. Investors should consider their financial ability to continue purchases during periods of low price levels.
The Heartland Funds are distributed by ALPS Distributors, Inc.