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

10.87
Net Asset Value
-0.09%
1 Day
-0.18%
Year-to-Date
Overall Morningstar Rating
Market neutral
Style or Category
No Load
Sales Expenses
3.42%
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. 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-0.46% 3 years+1.65%
3 months+0.18% 5 years+2.01%
1 year+1.68% Since inception+1.15%
Data through --

Peer Comparisonvs. Market neutral

 ALIRXCategory
Performance 5-yr return+2.01%+1.25%
Expense ratio3.42%1.72%
Risk 5 year sharpe ratio0.710.21
Net assets$118.3M$582.5M
Average market cap$6.8B$34.6B
Average P/E18.218.2
Portfolio turnover226%226%

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Fund Management and Purchase Info

Fund familyAmerican Century Investments
Fund manager & tenureClaudia Musat / 9 Years
Minimal initial investment$2,500.00
Minimum IRA investment--

Holdings

Cash99.94%
U.S. stock1.69%
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
DRC Dresser-Rand Group Inc0.69%
UA Under Armour Inc Class A0.69%
-- Concur Technologies Inc0.68%
-- Conversant Inc0.68%
THC Tenet Healthcare Corp0.65%
AEO American Eagle Outfitters0.64%
LUV Southwest Airlines Co0.63%
FDO Family Dollar Stores Inc0.62%
PPC Pilgrims Pride Corp0.62%
CNC Centene Corp0.61%

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