American Century Investments Equity Market Neutral Fund Class R (ALIRX)

10.85
Net Asset Value
-0.09%
1 Day
+0.74%
Year-to-Date
Overall Morningstar Rating
Market neutral
Style or Category
No Load
Sales Expenses
3.57%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation independent of equity market conditions. In selecting stocks for the fund, the portfolio managers use quantitative management techniques in a two-step process. First, the managers rank stocks, primarily publicly traded U.S. companies with a market capitalization greater than $1 billion, from most attractive to least attractive based on each stock's value, as well as its growth potential. Second, the portfolio managers use a quantitative model to build a portfolio of stocks from the ranking described above that they believe will provide the optimal balance between risk and expected return.

Performance

1 month+0.93% 3 years+2.48%
3 months-0.09% 5 years+2.16%
1 year+3.23% Since inception+1.11%
Data through --

Peer Comparisonvs. Market neutral

 ALIRXCategory
Performance 5-yr return+2.16%+1.58%
Expense ratio3.57%1.80%
Risk 5 year sharpe ratio0.530.22
Net assets$108.7M$683.0M
Average market cap$7.0B$36.0B
Average P/E18.617.8
Portfolio turnover226%226%

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Fund Management and Purchase Info

Fund familyAmerican Century Investments
Fund manager & tenureClaudia Musat / 6 Years
Minimal initial investment$2,500.00
Minimum IRA investment--

Holdings

Cash100.41%
U.S. stock0.77%
International stock0.00%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 13.64%
Industrial materials 12.37%
Consumer goods 12.06%
Energy 10.52%
Hardware 10.46%
Top 10 Holdings
Portfolio weighting
SUNE SunEdison Inc0.63%
WMB Williams Companies Inc0.62%
UA Under Armour Inc Class A0.62%
ILMN Illumina Inc0.62%
IRM Iron Mountain Inc0.61%
NBR Nabors Industries Ltd0.61%
TWTC tw telecom inc0.61%
FANG Diamondback Energy Inc0.61%
CYH Community Health Systems Inc0.60%
JBLU JetBlue Airways Corp0.59%

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