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American Growth Fund launches mutual fund focused on cannabis business

August 9, 2016
Emily.Perryman

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American Growth Fund (AGF) has launched the first cannabis-focused mutual fund.

The American Growth Fund, Series Two, uses a growth style of investing.

AGF uses a consistent approach to build the fund's security portfolio which is made up primarily of common stocks and securities convertible into common stock in companies involved in at least some way in the legal cannabis business.

AGF's Series Two is led by Timothy E Taggart, president of AGF, investment committee member and director, who has held his securities license since 1987. He is owner and president of World Capital Brokerage, a registered broker dealer, and owner and president of Investment Research Corporation, a registered investment adviser.

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