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Commissions and Fees

Brokerage account commission and fee schedule

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These commissions and fees are effective as of July 15, 2018, and are subject to change without notice.

Our Priority Investors with $100,000 or more in American Century Investments® mutual fund assets receive discounted commission prices for equity and mutual fund trades, as well as reduced or waived fees as noted in the fee schedule.

  • Platinum Benefits: $500,000 or more in American Century Investments mutual fund assets

  • Gold Benefits: $250,000 - $499,999 in American Century Investments mutual fund assets

  • Silver Benefits: $100,000 - $249,999 in American Century Investments mutual fund assets

Additional Brokerage Details

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Commissions & Fees

  • Equities are considered common stock, preferred stock, and ETFs.

  • All equity orders filled over two different business days will be charged separate commissions.

  • All partially filled equity orders for which price or quantity are changed and result in multiple trades on the same day will be charged separate commissions.

  • These commissions apply for any transaction amount.

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More than $1 Per Share

Brokerage Clients

Trading Method: Online
Commission: $24.95 + 2¢/share for each additional share over 1,000

Trading Method: TeleSelect® automated telephone line
Commission: $34.95 + 2¢/share for each additional share over 1,000

Trading Method: With a Representative
Commission: $45 + 2¢/share for each additional share over 1,000

Priority Clients

Trading Method: Any
Commission: $24.95 + 2¢/share for each additional share over 1,000

Silver Clients

Trading Method: Any
Commission: $19.95 + 2¢/share for each additional share over 1,000

Gold Clients

Trading Method: Any
Commission: $14.95 + 2¢/share for each additional share over 1,000

Platinum Clients

Trading Method: Any
Commission: $9.95

Under $1 Per Share

For any trading method.

Silver Clients

Commission: $19.95 + 3% of transaction amount; maximum charge of $250

Gold Clients

Commission: $14.95 + 3% of transaction amount; maximum charge of $250

Platinum Clients

Commission: $9.95

All Other Clients

Commission: $24.95 + 3% of transaction amount; maximum charge of $250

  • Mutual funds are offered by prospectus only. If you have not received a fund's prospectus, please call 1-888-345-2071. Read the prospectus and carefully consider the fund's objectives, risks, charges and expenses before investing.

  • Mutual Fund Investment Minimums: Initial investment $2,500 or fund minimum if higher. Subsequent investments $1,000. Trades below the minimum will be charged a transaction fee. Please note: If you purchased a fund and paid a transaction fee, a transaction fee will be charged upon its sale even if it becomes a no-transaction-fee fund after your purchase. If you hold no-transaction-fee fund positions along with transaction-fee positions, the no-transaction-fee positions will liquidate first.

  • These commissions apply for any transaction amount.

Transaction Fee Funds{sup}1{/sup}

Brokerage Clients

Trading Method: Online
Commission: $24.95

Trading Method: TeleSelect® automated telephone line
Commission: $34.95

Trading Method: With a Representative
Commission: $45

Priority Clients

Trading Method: Any
Commission: $24.95

Silver Clients

Trading Method: Any
Commission: $19.95

Gold Clients

Trading Method: Any
Commission: $14.95

Platinum Clients

Trading Method: Any
Commission: $9.95

No Transaction Fee (NTF) Funds{sup}2{/sup}

Commission for All Clients, Any Transaction Amount and All Trading Methods: No cost to buy, sell or exchange shares of participating funds held for six months or longer.

Load Funds

You will pay the sales load described in the fund's prospectus for all transactions.
For all Clients and all trading methods: No Fee

You may buy shares directly from the fund company without paying transaction fees.

A $50 fee for short-term trading (sale of shares held less than six calendar months) applies to all NTF funds, except American Century Investments mutual funds.

  • All option orders filled over two different business days will be charged multiple commissions.

  • All partially filled option orders for which price or quantity are changed and result in multiple trades on the same day will be charged separate commissions.

  • These commissions apply for any transaction amount.

Brokerage Clients

Trading Method: Online
Commission: $24.95 plus $1 per contract

Trading Method: TeleSelect® automated telephone line
Commission: $34.95 plus $1 per contract

Trading Method: With a Representative
Commission: $45 plus $1 per contract

Priority Clients

Trading Method: Any
Commission: $24.95 plus $1 per contract

Silver Clients

Trading Method: Any
Commission: $19.95 plus $1 per contract

Gold Clients

Trading Method: Any
Commission: $14.95 plus $1 per contract

Platinum Clients

Trading Method: Any
Commission: $9.95 plus $1 per contract

Bonds

Primary Issue Bonds and CD Purchases¹

Purchase commission for all clients with any transaction amount{sup}5{/sup}, when the trading method is with a representative: $0; American Century® Brokerage receives a fee from the issuer.

U.S. Treasury Auction Securities and Secondary Treasuries and Government Obligations

Commission for all clients with any transaction amount, when the trading method is with a representative: $45 per transaction

Secondary Market Bonds and CDs

Platinum Investors

Transaction Amount²: Any
Trading Method: With a Representative
Commission: $3.00 per bond; minimum charge of $35 and a maximum charge of $100

All Other Clients, Transaction amount² up to 25 bonds

Trading Method: With a Representative
Commission: $5.00 per bond; (minimum charge of $35)

All Other Clients, Transaction amount² 25+ bonds

Trading Method: With a Representative
$5 per bond for the first 25 bonds; $3 per bond thereafter (maximum charge $250)

All Investors

Transaction Amount²: Any
Trading Method: With a Representative
Commission: CD sell prior to maturity $55 per transaction

Unit Investment Trusts (UITs)

Sell Only, Purchases not Permitted

Clients: All Clients
Transaction Amount²: Any
Trading Method: With a Representative
Commission: $50 transaction fee + sales charge as described in the prospectus (if applicable)

Precious Metals³

Clients: All Clients
Transaction Amount: Any
Trading Method: With a Representative
Commission: 1% of transaction amount (minimum commission $35 per transaction). For transactions over $100,000, we offer discounts.

American Century Brokerage may act as principal.

$5,000 minimum purchase, or higher depending on the issue.

Gold, silver and platinum are available to purchase for delivery or storage.

Account Fees

  • Annual IRA Custodial Fee¹: $50 Per Account (waived for Platinum, Gold and Silver Priority Investors or if the account balance is over $10,000)

  • IRA Termination Fee: $50 Per Account

  • Non-IRA Outgoing Transfer: $100 Per Account

All fees listed below are waived for Platinum, Gold and Silver Priority Investors.

Corestone Account Total Balance, $0 to $49,999: $100 Per Account

  • Annual fee: $25

  • Account average month-end sweep balance of $25,000 or more: Waived

  • American Century Investments mutual fund assets $0 to $9,999: $50 per account (waived if two fee or commissionable trades are placed every six months)

  • American Century Investments mutual fund assets $10,000 to $19,999: $25 per account (waived if one fee or commissionable trade is placed every six months)

  • American Century Investments mutual fund assets $20,000+: Waived

At Establishment and Annual Fee: $25 Per Account

  • Check Reorder: $10 for 100 Checks

  • IRA Check Reorder: Free—25 Checks Per Book

  • Returned Checks: $25 Per Item

  • Stop Payment: $25 Per Item

  • Copy of Check or Visa® Debit: $2.50 Per Item

  • Wires: $20 Per Wire Transfer

  • Account Research: $20 Per Security

  • Statement or Confirm Copies: $2.50 Per Copy, or $30 for a Full Year

  • Cash Advance Fee (Non-ATM): 2.5% of Principal

  • Overnight Redemption Check Delivery: $12

  • Overnight Checkbook/Debit Card Delivery: $20

Miscellaneous Fees

  • Certificate Deposit with Legal Transfer/Re-registration: $60 Per Item

  • Certificate Issuance (Register and Ship—if Available): $60 Per Item

  • Direct Registration System (DRS) Outgoing Share Transfer: $30 Per Item

  • Stock Transfer Agent Fees. Amounts vary; check with the stock transfer agent.
    ￮ Certificate Deposit: $15 to $250 Per Item. Avoid this fee by depositing directly with the stock
    transfer agent, then transferring via Direct Registration System (DRS). DRS fees may apply.
    ￮ Direct Registration System (DRS) Incoming Share Transfer: $20 to $30 Per Item
    ￮ Depository Trust Company (DTC) Transfer: $3 to $5 Per Item
    ￮ Deposit and Withdrawal at Custodian (DWAC) Share Transfer: $50 to $125 Per Item

  • Registered Alternative Investment: $35 (limited availability)

  • Unregistered Alternative Investment: $125 (limited availability)

  • Agent Servicing Fee—May Apply to American Depository Receipt (ADR) Holders: Variable

  • Foreign Exchange Transactions: Quoted Per Exchange (limited availability)

  • Non-DTC Eligible Foreign Securities⁵: $75 Per Trade or Transfer

  • Foreign Securities Safekeeping: $5 Per Position Per Quarter

  • Foreign Financial Transaction Tax (FTT)—May Apply to Purchases of Certain Foreign Securities: Variable

  • Annual Precious Metals Storage Fee: 0.75% of the Metals' Market Value, Billed in Advance on a Quarterly Basis ($5 Minimum Quarterly Fee)

  • Customer Name Safekeeping: $2 Per Position Per Month

  • Margin Extensions: $20 Per Item

  • Option Exercise: $35 Per Item

Corestone® Account is a registered trademark of Pershing, LLC. American Century® Brokerage has chosen Pershing for the brokerage platform.

The annual IRA custodial fee will be charged in the anniversary month of the account opening and upon account closure.

Corestone Annual Account fee and Standard CheckWriting fees will be charged in the account's anniversary month.

The semiannual maintenance fee will be charged in April and October. Your American Century Investments mutual fund assets are reviewed on the last business day of March and September to determine if the fee applies to your account.

Enhanced Cost Basis can track realized and unrealized gain/loss information on all covered and uncovered shares. Information is displayed on statements and online.

Call to confirm whether your foreign security is DTC eligible. Even if your foreign security was DTC eligible at the time of purchase, it may become non-DTC eligible without notice.

Investments available through American Century Brokerage are not insured by the Federal Deposit Insurance Corporation, may lose value and are not bank guaranteed. American Century Brokerage is licensed in all 50 states. However, some securities may not be available in all states.

Margin Schedule

Debit Balances and American Century® Brokerage, Base Lending Rate, Plus/Minus

0 - $25,000: 1.9% of Debit Balance
$25,001 - $50,000: 1.4% of Debit Balance
$50,001 - $75,000: 0.9% of Debit Balance
$75,001 - $100,000: 0% of Debit Balance
$100,001+: -0.25% of Debit Balance

Important Note: If you have or plan to add the margin feature to your account, it is important to carefully read the Disclosure of Credit Terms section of the Margin Agreement. This information is in the Customer Agreement [PDF] booklet.

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This material has been prepared for educational purposes only. It is not intended to provide, and should not be relied upon for, investment, accounting, legal or tax advice.

For detailed descriptions of indices or investing terms referenced above, refer to our glossary.

Certificates of deposit (CDs) offered through American Century Brokerage are issued by Federal Deposit Insurance Corporation (FDIC)-insured institutions, and are subject to change and availability. There is a $55 early termination fee and possible market value adjustments. Brokered CDs will fluctuate in market value between purchase date and maturity date due to their ability to be sold on the secondary market. Because the secondary market for CDs is generally illiquid, a significant loss of principal could result if your CD is sold prior to maturity. American Century Brokerage makes no judgment as to the creditworthiness of the issuing institution and does not endorse or recommend the CDs in any way.

Brokerage Services are provided by American Century Brokerage, a division of American Century Investment Services, Inc., registered broker/dealer, member FINRA, SIPC.