The Fund seeks long-term capital growth measured in US$.
The Fund primarily invests in equity securities of U.S. companies of all sizes that it believes will increase in value over time, using an investment strategy developed by American Century Investments group. Equity securities include common stock, preferred stock, and equity-equivalent securities, such as securities convertible into common stock. In implementing this strategy, the investment manager of the Fund, i.e. American Century Investment Management, Inc. (the "Investment Manager") uses a bottom-up approach to equity securities selection. This means that the Investment Manager makes its investment decisions based primarily on its analysis of individual companies, rather than on broad economic forecasts. Management of the Fund is based on the belief that, over the long term, equity securities price movements follow growth in earnings and revenues.