With more than $123 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, investors can click here to see the complete list of funds.
American Century International Growth A (TWGAX - MF report) seeks capital appreciation. The fund focuses on acquiring securities issues by companies from at least three mature markets, apart from the U.S. It seeks out firms whose earnings are increasing at a rapid pace. This non-diversified fund returned 21.58% over the last one year period.
The American Century mutual fund has a minimum initial investment of $2,500 and an expense ratio of 1.57% compared to a category average of 1.42%.
American Century International Opportunities A (AIVOX - MF report) focuses on purchasing equity securities of foreign small cap companies from mature markets as well as developing economies. The fund seeks to invest in growth oriented stocks. The fund returned 24.70% over the last one year period.
The Fund Manager is Mark Kopinski and he has managed this American Century mutual fund since 2008.
American Century One Choice Very Aggressive (AOVIX - MF report) seeks the maximum total return possible given its asset composition. The fund invests in mutual funds from American Century which in turn invest in a variety of asset classes and have varied investment strategies. The fund returned 16.79% over the last one year period.
As of September 2012, this American Century mutual fund held 122 issues, with 8.88% of its total assets invested in Apple Inc.
American Century Emerging Markets A (AEMMX - MF report) invests the majority of its assets in emerging market companies. It seeks to purchase equity securities of companies with appreciably high revenue and earnings growth. The fund returned 24.60% over the last one year period.
The American Century mutual fund has a minimum initial investment of $2,500 and an expense ratio of 1.96% compared to a category average of 1.60%.
American Century High-Yield Municipal A (AYMAX - MF report) seeks current income which is not subject to federal income tax. A large share of the fund’s assets is utilized to purchase municipal securities and other debt instruments which provide high yields. It focuses on acquiring long term and intermediate term securities. The fund returned 12.45% over the last one year period
The Fund Manager is Alan Kruss and he has managed this American Century mutual fund since 2011.
To view the Zacks Rank and past performance of all American Century mutual funds, investors can click here to see the complete list of funds.
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By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Learn more about the Zacks Mutual Fund Rank.