American Century Equity Investing
Built to Capture Growth
Our management teams are guided by well-defined, repeatable investment processes and are dedicated to fully invested, active management approaches. We offer a comprehensive range of equity investment strategies for our clients. Learn how our teams each work to achieve client goals.
Growth Equity
Drive Returns Through Stock Selection
Our growth teams seek long-term capital appreciation by identifying and investing in companies with improving fundamentals.
Attractive Growth Opportunities
We provide growth opportunities by investing in companies with earnings acceleration and overall improvement of underlying business characteristics.
Diverse Investment Approaches
Our approaches primarily use a fundamental approach, with a diversified or best-ideas portfolio construction process.
Alpha Through Stock Selection
Our disciplined research and rigorous stock selection aim to deliver strong risk-adjusted returns across market environments.
Investment Team Highlights
*This fund is different from traditional ETFs. Traditional ETFs tell the public what assets they hold each day. This ETF will not. This may create additional risks for your investment.
You may have to pay more money to trade the ETFs' shares. These ETFs will provide less information to traders, who tend to charge more for trades when they have less information.
The price you pay to buy ETF shares on an exchange may not match the value of the ETF's portfolio. The same is true when you sell shares. These price differences may be greater for these ETFs compared to other ETFs because it provides less information to traders.
These additional risks may be even greater in bad or uncertain market conditions.
The ETF will publish on their website each day a "Proxy Portfolio" designed to help trading in shares of the ETF. While the Proxy Portfolio includes some of the ETF's holdings, it is not the ETF's actual portfolio.
The differences between these ETFs and other ETFs may also have advantages. By keeping certain information about the ETFs secret, these ETFs may face less risk that other traders can predict or copy its investment strategy. This may improve the ETFs' performance. If other traders are able to copy or predict the ETFs' investment strategy, however, this may hurt the ETFs' performance.
For additional information regarding the unique attributes and risks of these ETFs, see the additional risk discussion at the end of this material.
U.S. Focus
Seeks growth by investing in industry-innovating companies that we believe are capable of sustaining high growth rates and have a competitive advantage demonstrated by higher profitability.
A high-conviction, large-cap growth portfolio that seeks to deliver strong results over time through investment companies with opportunities to sustain their above-average growth.
Seeks long-term growth by investing in large U.S. companies demonstrating sustainable business improvement without exposing investors to excess risk.
Designed as an opportunistic growth fund that seeks to build capital over time by investing primarily in growing midsize companies.
Seeks to provide a total return exceeding the benchmark over a market cycle by using a growth U.S. equity strategy that integrates sustainability factors into the investment process.
Seeks long-term capital growth by investing in mid-cap companies aligned with the U.N. Sustainable Development Goals managers believe could generate social and environmental impact alongside financial return.
Seeks to capture the performance of large- and mid-cap companies in the U.S. that possess attractive quality, growth and valuation fundamentals. Pursues more consistent exposure to U.S. high-quality, high-growth companies.
Seeks long-term capital growth and consistent results over time through investments in large, high-quality U.S. companies.
Seeks to invest in highly profitable, quality, large-cap companies with the capacity for future growth.
Seeks to identify companies, primarily in the U.S., with small market capitalization that are exhibiting accelerating and sustainable business improvement.
Seeks to deliver long-term financial returns while integrating material sustainable factors into the investment process.
Seeks to invest in large-cap companies with improving business fundamentals and attractive sustainability characteristics to deliver competitive long-term financial returns.
Global Focus
Helps build capital over time through high-conviction investments in a select group of companies in the U.S. and around the world demonstrating compelling growth potential.
Seeks to invest in all-cap, emerging markets companies exhibiting accelerating earnings growth.
Seeks long-term growth by investing in small-cap companies located in developed and emerging markets, including the U.S.
Non-U.S. Focus
Seeks to invest in a select group of international companies with improving growth characteristics.
Seeks long-term capital growth by investing in large companies in developed countries outside the U.S. that are exhibiting sustainable, accelerating earnings growth.
Seeks long-term growth by investing in small-cap companies located in developed and emerging markets, including the U.S.
Value Equity
Seek High-Quality, Out-of-Favor Companies
Our global value equity teams use fundamental research to identify quality yet undervalued companies with the potential to provide alpha.
Compelling Value Strategies
We offer a broad array of U.S., global and non-U.S. value equity strategies and capabilities spanning various capitalization ranges, geographies, asset classes and value investing styles.
Quality-Focused Investment Approach
We use fundamental research to identify a proprietary universe of high-quality companies and invest in those that are undervalued.
Risk-Aware Approach
Our strategies seek to deliver a strong risk-adjusted return profile including excess returns, uncorrelated alpha and a focus on potential downside risks.
Investment Team Highlights
U.S. Focus
A classic value strategy that seeks to deliver income, build capital and manage downside risk over time.
Seeks long-term capital growth and income by investing in a focused portfolio of high-quality, large-cap companies that the managers believe are undervalued.
Seeks long-term capital growth and income by investing in a focused portfolio of high-quality, large-cap companies that the managers believe are undervalued.
Seeks to consistently deliver higher returns and lower volatility through investments in high-quality, midsize companies temporarily selling at a discount.
Seeks to invest in quality, income-producing small-cap companies selling at a discount to fair value.
Seeks long-term capital growth and income by investing in the stocks of small-sized companies that are believed to be undervalued.
Seeks to capture the performance of large- and mid-cap companies in the U.S. that possess attractive quality, valuation and income fundamentals. Pursues enhanced risk-adjusted returns versus market-cap-weighted indicies and is designed to identify quality companies with sound fundamentals that are selling at attractive valuations and offer the potential for sustainable income.
Seeks long-term capital growth and income by investing in the stocks of companies of all sizes the managers believe to be undervalued.
Seeks high total investment return through a combination of capital appreciation and current income.
Global Focus
Seeks high total investment return through a combination of capital appreciation and current income.
Non-U.S. Focus
Seeks long-term capital growth through investing in midsize to large companies outside of the U.S. trading at significant discounts to intrinsic value.
Disciplined Equity
Maintain Systematic Discipline With Professional Management
Our disciplined equity teams use an evidence-based approach, which combines a systematic process to reduce human bias with a qualitative security-level review to help mitigate unaccounted risks and improve efficiency.
Deeply Researched Concepts
Foundation of deeply researched concepts such as valuation, profitability, quality and sentiment.
Systematic Discipline
Systematic, risk-aware implementation designed to remove human biases and unrewarded risks from a strategy.
Thoughtfully Applied by Investment Professionals
Human expertise and oversight help avoid pitfalls and improve consistency.
Investment Team Highlights
We use a systematic approach to seek long-term capital growth and income by investing in large-cap stocks that feature sustainable fundamentals and attractive valuations.
Uses a systematic approach to pursue enhanced returns across the market cycle by investing in companies that have demonstrated attractive growth and strong quality characteristics, as measured by profitability.
Employs a risk-managed, systematic approach that seeks to outperform the broad stock market while maintaining characteristics similar to the S&P 500® Index.
Seeks long-term capital growth through investments in larger, undervalued companies outside of the U.S.
Uses a systematic approach to seek long-term total return by investing in companies engaged in mining, processing or distributing gold or other precious metals.
Uses a systematic approach to seek long-term capital growth by investing primarily in the stocks of small companies.
Uses a systematic approach to seek current income and long-term growth of capital through investments in companies engaged in the utilities industry.
Seeks to capture the performance of large- and mid-cap companies outside the U.S. that possess attractive quality, growth and valuation fundamentals. The index universe includes the stocks of companies based on developed markets.
Insights ETFs
Combining our deep fundamental equity expertise with disciplined systematic portfolio construction to offer robust, repeatable and resilient paths to seeking alpha. These offerings marry our long history of successful stock selection with the attributes of exchange-traded funds (ETFs) that many investors prefer.
Client-Centered Approach
Every investment decision is anchored in deep fundamental research, ensuring the portfolio is built on conviction and quality.
Risk Management
Our systematic process actively manages benchmark-relative risk and avoids unintended exposures.
Transparency & Efficiency
Full transparency, daily liquidity and the tax advantages of the ETF structure.
An active ETF that seeks to outperform the benchmark over full market cycles by investing primarily in U.S. small-cap companies that are exhibiting accelerating and sustainable business improvements.
An active ETF that seeks to outperform the benchmark over full market cycles by investing primarily in U.S. small-cap companies that are exhibiting high-quality and attractive valuations.
Diverse Approaches, Independent Thinking
Explore our ETF lineup in depth.
Exchange Traded Funds (ETFs) are bought and sold through exchange trading at market price (not NAV), and are not individually redeemed from the fund. Shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns.
Investment return and principal value of security investments will fluctuate. The value at the time of redemption may be more or less than the original cost. Past performance is no guarantee of future results.
The fund is an actively managed ETF that does not seek to replicate the performance of a specified index.
Proxy Portfolio Risk: The goal of the Proxy Portfolio is to track closely the daily performance of the Actual Portfolio. The Proxy Portfolio is designed to reflect the economic exposures and the risk characteristics of the Actual Portfolio on any given trading day.
ETFs trading on the basis of a published Proxy Portfolio may exhibit wider premiums and discounts, bid/ask spreads, and tracking error than other ETFs using the same investment strategies that publish their portfolios on a daily basis, especially during periods of market disruption or volatility. Therefore, shares of the fund may cost investors more to trade than shares of a traditional ETF.
Each day the fund calculates the overlap between the holdings of the prior Business Day's Proxy Portfolio compared to the Actual Portfolio (Proxy Overlap) and the difference, in percentage terms, between the Proxy Portfolio per share NAV and that of the Actual Portfolio (Tracking Error).
Although the fund seeks to benefit from keeping its portfolio information secret, market participants may attempt to use the Proxy Portfolio to identify a fund's trading strategy, which if successful, could result in such market participants engaging in certain predatory trading practices that may have the potential to harm the fund and its shareholders.
Premium/Discount Risk: Although the Proxy Portfolio is intended to provide investors with enough information to allow for an effective arbitrage mechanism that will keep the market price of the fund at or close to the underlying net asset value (NAV) per share of the fund, there is a risk (which may increase during periods of market disruption or volatility) that market prices will vary significantly from the underlying NAV of the fund.
Trading Issues Risk: Trading halts may have a greater impact on this fund compared to other ETFs due to the fund's nontransparent structure.
Authorized Participant Concentration Risk: Only an authorized participant may engage in creation or redemption transactions directly with the fund. The fund may have a limited number of institutions that act as authorized participants. The fact that the fund is offering a novel and unique structure may affect the number of entities willing to act as Authorized Participants. During times of market stress, Authorized Participants may be more likely to step away from this type of ETF than a traditional ETF.
Alpha is typically used to represent the value added or subtracted by active investment management strategies. It shows how an actively managed investment portfolio performed compared with the expected portfolio returns produced simply by benchmark volatility (beta) and market changes. A positive alpha shows that an investment manager has been able to capture more of the upside movement in the benchmark while softening the downswings. A negative alpha means that the manager's strategies have caught more benchmark downside than upside.
This information is for educational purposes only and is not intended as tax advice. Please consult your tax advisor for more detailed information or for advice regarding your individual situation.
The information is not intended as a personalized recommendation or fiduciary advice and should not be relied upon for investment, accounting, legal or tax advice.
Diversification does not assure a profit nor does it protect against loss of principal.
©2026 Standard & Poor's Financial Services LLC. The S&P 500® Index is composed of 500 selected common stocks most of which are listed on the New York Stock Exchange. It is not an investment product available for purchase.
Mutual Funds: American Century Investment Services, Inc., Distributor.
Exchange Traded Funds (ETFs): Foreside Fund Services, LLC – Distributor, not affiliated with American Century Investment Services, Inc.