With more than $95 billion in assets under management and 200 institutional clients, American Century Investments is one of the world’s leading asset management firms. Founded in 1958 by James Stowers, Jr, the company offers a wide range of products and services across a variety of asset classes. It takes a long term view of investments which allows it to be closely aligned to stated investment objectives. American Century prides itself on a team-managed approach and contributes a significant share of profits towards cutting edge medical research.
Below we will share with you 5 top rated American Century funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect the fund to outperform its peers in the future. To view the Zacks Rank and past performance of all American Century funds, then click here.
American Century Global Gold A (ACGGX) seeks both current income and capital growth. The majority of its assets are invested in securities issued by gold firms. The fund purchases both domestic and foreign markets, including those issued from developing markets. The fund returned 28.43% in the last one year period.
William B. Martin is the fund manager and has managed this American Century mutual fund since 1992.
American Century Inflation-Adjusted Bond (ACITX) invests a large proportion of its assets in inflation-adjusted securities. These include inflation indexed securities issued by the U.S. government and its agencies as well as foreign corporate bonds. Not more than 20% of its assets may be utilized to purchase government securities which are not inflation-indexed. The fund has a five year annualized return of 5.7%.
The American Century mutual fund has a minimum initial investment of $2,500 and an expense ratio of 0.48% compared to a category average of 0.83%.
American Century International Discovery A (ACIDX) seeks capital appreciation. Equity securities of foreign small and mi-cap firms constitute the majority of its investments. The fund invests in both mature economies and developing markets. The fund returned 15.53% in the last one year period.
As of September 2010, this American Century mutual fund held 107 issues, with 2.96% of its total assets invested in Danisco.
American Century Capital Value (ACTIX) invests heavily in stocks of large and mid-cap companies which, in the opinion of the fund managers, are underpriced relative to their intrinsic value. It seeks long-term capital growth. The fund has a ten year annualized return of 2.97%.
The American Century mutual fund has a minimum initial investment of $2,500 and an expense ratio of 1.10% compared to a category average of 1.27%.
American Century Vista A (TWVAX) seeks capital growth over the long term. The fund focuses on investing in small and mid-cap companies whose value it expects will appreciate significantly in the future. It may purchase foreign securities, including those issued from emerging markets. The fund returned 25.16% over the last one year period.
The Fund Manager is Bradley J. Eixmann and he has managed this American Century mutual fund since 2007.
To view the Zacks Rank and past performance of all American Century mutual funds, then click here.
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