High-Quality Growth. Select is a risk-aware large growth fund that seeks to deliver consistent results over time through investments in high-quality companies.
Select emphasizes large, industry-leading firms the managers believe are poised for growth. The fund invests in companies with competitive advantages and attractive profits when the companies are:
- Growing at an accelerating pace
- Experiencing price momentum, an indicator that their potential is recognized
- Trading at a discount to their estimated fair value
The Select team maintains the fund's growth and momentum orientation while managing risk by:
- Understanding and quantifying portfolio risks
- Taking intended stock-specific risk when the managers believe it can add value
- Seeking to neutralize unintended sector and industry risk
Large Growth Cornerstone
Select's return, risk and style characteristics may make it a cornerstone equity holding:
- Exhibits style purity through exposure to large growth stocks
- Generates performance with less risk than the average of its Morningstar Large Growth peers.*
A Note About Risk
The value and/or returns of a portfolio will fluctuate with market and economic conditions. International investing involves special risk considerations, including economic and political conditions, inflation rates and currency fluctuations. There is no guarantee that the investment objectives will be met. Dividends and yields represent past performance and there is no guarantee that they will continue to be paid.
Past performance is no guarantee of future results.
Data reflects past performance for Investor Class shares, assumes reinvestment of dividends and capital gains and is no guarantee of future results. Current performance may be higher or lower than data shown. Investment return and principal value fluctuates. Redemption value may be more or less than original cost. Obtain performance data current to the most recent month end. For additional share class information, consult the prospectus. Extraordinary performance is attributable in part to unusually favorable market conditions and may not be repeated or consistently achieved in the future.
W2 If your account falls below the minimum balance, you will be notified and given 90 days to meet the minimum. If the deadline is not met, American Century Investments may redeem the shares in the account and send the proceeds to the address of record.
Expense ratios provided are the funds' total annual operating expense ratios, gross of any fee waivers or expense reimbursements. Expense ratios are as of the funds' most current prospectus.
Lipper rankings are based on average annual total returns. Portions of the mutual fund performance information contained on this page were supplied by Lipper, a Thomson Reuters Company, subject to the following: Copyright 2016 © Thomson Reuters. All rights reserved. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Performance data is preliminary and subject to revision. Rankings are based on all classes available within the classification as of the date shown. Rankings are based only on the universe shown.
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