"I’m proud of the quality investment management team we’ve assembled over the years at American Century Investments," said Enrique Chang, chief investment officer.
KANSAS CITY, Mo. (Vocus/PRWEB) March 24, 2011
American Century Investments today announced that two of its funds were recognized at the 2011 Lipper Fund Awards, an annual event honoring mutual funds that have excelled in delivering consistently strong risk-adjusted performance relative to peers, according to Lipper.
At the awards, which were held last night in New York, American Century LIVESTRONG® 2015 Portfolio1 (Institutional class) was honored as the Best Mixed Asset Target 2015 Fund over 5 years (38 in the category) and American Century Utilities (Investor class) was the top Utilities fund over 5 years (61 in category) for the period ending Dec. 31, 2010.
"I’m proud of the quality investment management team we’ve assembled over the years at American Century Investments, particularly the managers and analysts responsible for our LIVESTRONG Portfolios and the Utilities fund," said Enrique Chang, chief investment officer of American Century Investments. "This recognition by Lipper confirms that our commitment to quality security selection and risk management is helping us meet the unique investment needs of our clients."
American Century Investments is a leading privately-held 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.
Lipper Fund Awards annually recognize the top fund in each category for the 3-, 5- and 10-year periods based on risk-adjusted, consistent returns compared to its peers. The awards are based on the specified share class. Other share classes may have different performance characteristics and fees.
Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data, the accuracy is not guaranteed by Lipper.
1American Century Investment Services, Inc., has entered into an agreement with the Lance Armstrong Foundation for rights to use the LIVESTRONG name. For more information about the foundation, visit livestrong.org.
Before investing, carefully consider a fund’s investment objectives, risks, charges and expenses. Go to americancentury.com for a prospectus or summary prospectus containing this and other information. Read it carefully.
American Century Investment Services, Inc., Distributor
©2011 American Century Proprietary Holdings, Inc.
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