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

10.97
Net Asset Value
+0.09%
1 Day
+1.86%
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+1.67% 3 years+3.24%
3 months+1.67% 5 years+2.01%
1 year+4.28% Since inception+1.28%
Data through --

Peer Comparisonvs. Market neutral

 ALIRXCategory
Performance 5-yr return+2.01%+2.00%
Expense ratio3.57%1.79%
Risk 5 year sharpe ratio0.520.44
Net assets$95.2M$704.3M
Average market cap$7.0B$18.4B
Average P/E17.916.2
Portfolio turnover222%222%

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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

Cash99.23%
U.S. stock3.41%
Fixed income1.08%
International stock0.00%
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
SSYS Stratasys Ltd0.70%
-- Endo Health Solutions Inc0.68%
CONN Conn's, Inc.0.65%
AIRM Air Methods Corp.0.62%
SLH Solera Holdings, Inc.0.62%
BRCD Brocade Communications Systems Inc0.61%
ILMN Illumina, Inc.0.61%
KRO Kronos Worldwide, Inc.0.61%
-- Open Text Corporation0.61%
AWAY HomeAway Inc0.60%

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