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AMERICAN GROWTH FUND Series One Investment Strategy
12 Months Ended
Dec. 06, 2024
Prospectus [Line Items]  
Strategy Narrative [Text Block] Investment Research Corporation (the "Advisor”, “Investment Advisor”, or “IRC”) manages the Fund using a growth style of investing. We use a consistent approach to build the Fund´s investment portfolio which is made up primarily of common stocks and securities convertible into common stock. These securities are issued primarily by large companies, and to a lesser extent, small and mid-sized companies. When a company´s fundamentals are strong, we believe earnings growth will follow. The Fund may invest in securities of other investment companies, including exchange-traded funds, to obtain desired exposures.