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

10.81
Net Asset Value
-0.09%
1 Day
-0.73%
Year-to-Date
Overall Morningstar Rating
Market neutral
Style or Category
No Load
Sales Expenses
3.42%
Expense Ratio
Below 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+0.19% 3 years+1.36%
3 months-0.73% 5 years+2.00%
1 year-1.01% Since inception+1.03%
Data through --

Peer Comparisonvs. Market neutral

 ALIRXCategory
Performance 5-yr return+2.00%+1.25%
Expense ratio3.42%1.71%
Risk 5 year sharpe ratio0.540.14
Net assets$117.1M$573.0M
Average market cap$7.3B$36.6B
Average P/E18.519.9
Portfolio turnover226%226%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

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

Cash100.01%
U.S. stock0.83%
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
RAD Rite Aid Corp0.81%
RCL Royal Caribbean Cruises Ltd0.72%
KMX Carmax Inc0.69%
AFSI AmTrust Financial Services Inc0.68%
CNC Centene Corp0.67%
ALGT Allegiant Travel Co0.66%
WCG WellCare Health Plans Inc0.66%
WGL WGL Holdings Inc0.65%
POST Post Holdings Inc0.65%
MATX Matson Inc0.64%

To view my watchlist

Not a member yet?

Sign up now for a free account