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Is American Century NT Equity Growth Institutional Fund (ACLEX) Worth Another Look?

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American Century NT Equity Growth Institutional (ACLEX - Free Report) a Zacks Ranked #2 (Buy) seeks long-term capital appreciation. ACLEX invests a lion’s share of its assets in equity securities. ACLEX predominantly invests in large cap companies having market capitalizations over $2 billion. ACLEX focuses on acquiring securities of companies that are believed to have optimal balance between risk and expected return.

This Large Growth fund, as of the last filing, allocates their fund in three major groups; Large Value, Large Growth and Precious Metal. Further, as of the last filing, Apple Inc, Microsoft Corp and Johnson & Johnson were the top holdings for ACLEX.

The American Century NT Equity Growth Institutional, managed by American Cent , carries an expense ratio of 0.47. Moreover, ACLEX requires a minimal initial investment of $0.

ACLEX has a history of strong positive total returns for over 5 years. Specifically, the fund’s returns over the 1, 3 year benchmarks; 1 year 10.06% and 3 year 19.81%. To see how this fund performed compared in its category, please click here.

ACLEX’s performance, as of the last filing, when compared to funds in its category was in the top 58% in 1 year, top 33% over the past 3 years, and in the 19% over the past 5 years.

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