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June 24, 2020
American Century Investments is a leading global asset manager focused on delivering investment results and building long-term client relationships. We deliver a full-range of investment solutions directly to investors through:
American Century Investments provides the following brokerage and advisory services to retail investors.
You will pay fees and costs whether you make or lose money on your investments. Fees and costs will reduce any amount of money you make on your investments over time. Please make sure you understand what fees and costs you are paying.
Our principal fee is a commission charged on buying or selling securities in your account. The commission rate varies based on the type of account and the type of security involved in the transaction. You will pay the same rate but more overall when you make more transactions, so we have an incentive to encourage you to trade more often.
COMMISSIONS FOR OTHER SECURITY TYPES, MARGIN FEES AND OTHER ACCOUNT OR SERVICE FEES
Important Reminder: Commissions and account fees are separate and distinct from the fees and expenses charged with respect to the underlying investments, such as management fees and expenses charged by mutual funds, ETFs, closed-end investment companies or other managed investments. The specific fees and expenses are described in each fund's prospectus.
We do not charge any fee for providing our limited recommendations. The only fee you will pay if you choose to execute our recommendation is the underlying mutual fund's fees and any account maintenance fee.
EMPLOYER PLAN FEES
Participants in an employer-sponsored account will pay one of the following fees, depending on the account type:
For additional information, please see American Century Investments Private Client Group's Investment Planner Program Brochure (Items 4.B and 4.C) .
We charge a single advisory fee (wrap fee) based on the value of your assets under management with us. The single fee includes our services, along with any underlying trading costs, commissions, and custody services related to our recommendations. Fees are calculated and deducted on a quarterly basis in advance. The daily market value of the assets under management as of the end of the last business day of the calendar quarter is used to calculate the fee for the next quarter.
For additional information, please see American Century Investments Private Client Group's Wrap Fee Program Brochure (Items 4.B and 4.C) .
For additional information, please see American Century Investments Private Client Group's Investment Planner Program Brochure (Items 4.B and 4.C) and the SEC's website at www.adviserinfo.sec.gov .
For additional information, please see American Century Investments Private Client Group's Wrap Fee Program Brochure and the SEC's website at www.adviserinfo.sec.gov .
Visit Investor.gov/CRS for a free and simple search tool to research us and our financial professionals.
For additional information about our services, please visit our website at americancentury.com. If you would like additional, up-to-date information, please call 1-888-327-2001. Download a printable version of this form .