Marketers at
The list, called the 2001 Honor Roll, named the Heartland Value Fund as one of the best funds for capital preservation, continuity of management, diversification, accessibility and long-term performance.
Heartland has endured months of negative press after it was forced to write down the NAVs of two of its funds last November. As a result one of the funds lost more than 70% of its value while the other lost 44%. Ongoing lawsuits are the source of daily phone calls from reporters. (See MFMN 8/13/2001)
Perhaps not surprisingly, Heartlands release prominently featured the disclaimer, "Past performance is no guarantee of future results."