Company Press Release

AMERICAN CENTURY INVESTMENTS INTRODUCES GLOBAL REAL ESTATE FUND

KANSAS CITY, Mo., Aug. 1, 2011 – With growing investor demand for exposure to domestic and international real estate securities, American Century Investments announces the launch of American Century Global Real Estate Fund. Global Real Estate strengthens American Century Investments’ suite of global, alternative and inflation protection product solutions, according to the company.

Global Real Estate seeks to outperform the MSCI AC World IMI Real Estate Index with lower volatility over a full market cycle. At least 75 percent of the portfolio's weight will be invested in developed market real estate-related securities and up to 25 percent in emerging markets. The fund will leverage the capabilities, track record and global reputation of its current domestic real estate management team to address growing global real estate opportunities.

Global Real Estate will be led by veteran Senior Portfolio Manager Steven Brown. Investment analysts Steven Rodriguez and Vishal Govil will support Brown in the daily management.

Brown has more than 19 years of investment experience. Prior to joining American Century Investments in 2008, Brown spent six years at Neuberger Berman. He has a bachelor's degree in economics and an MBA in finance from New York University.

"In the last five years, we have seen a shift in preference to global investing as clients seek higher returns and ways to possibly reduce the impact of inflation," said Brown. "The fund has the added benefit of potentially increasing investors’ portfolio diversification."

American Century Investments is a leading privately-controlled investment management firm, committed to delivering superior investment performance and building long-term client relationships since 1958. Serving investment professionals, institutions, corporations and individual investors, American Century Investments offers a variety of actively managed investment disciplines through an array of products including mutual funds, institutional separate accounts, commingled trusts and sub- advisory accounts.

The company's 1,300 employees serve clients from offices in New York; London; Hong Kong; Mountain View, Calif. and Kansas City, Mo. James E. Stowers Jr. is founder of the company, Jonathan S. Thomas is president and chief executive officer and Enrique Chang is chief investment officer. Through its ownership structure, more than 40 percent of American Century Investments' profits support research to help find cures for genetically-based diseases including cancer, diabetes and dementia. # # # You should consider the fund’s investment objectives, risks, and charges expenses carefully before you invest. The fund’s prospectus or summary prospectus, which can be obtained by visiting americancentury.com or calling1-800-345-2021 contains this and other information about the fund, and should be read carefully before investing. Understanding inherent risks such as interest rate fluctuation, credit risk and economic conditions are important when considering an investment in real estate. American Century Investment Services, Inc., Distributor ©2010 American Century Proprietary Holdings, Inc.