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Monday, April 02, 2007

Load It Up

by: Erin Kello

American Century Investment Management plans to make changes to its fund lineup's share class structure, with many funds going towards the load option. The goal, according to a Morningstar article, is to replace a complicated and confusing share class structure with a straightforward one that individuals and advisors can better understand. The load fund lineup will increase from 26 funds to 39 total by the end of the restructuring. 

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