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Rating:Concentrated Fund Opens it Doors Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, March 01, 2005

Concentrated Fund Opens it Doors

by: Sean Hanna, Editor in Chief

American Century Investments is seeing more demand for concentrated investment products. In response, the Kansas City-based fund firm is rolling out the American Century Focused Growth Fund (AFSIX).

The fund will invest in 25 to 45 large- and mid-cap companies with earnings and revenues growing at successively faster rates that appear to be sustainable. Greg Woodhams and Joe Reiland are portfolio managers of the fund. Woodhams is also a co-portfolio manager on the firm's $4.9 billion Growth Fund.

The fund firm is offering Investor Class shares only with a minimum initial investment of $2,500.

American Century manages approximately $97 billion in assets.  

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