About ACSLX
American Century Select Fund Class C is a large-cap growth mutual fund designed to deliver long-term capital appreciation by investing in stocks of companies expected to increase in value over time. Managed by American Century Investments, the fund primarily targets market-leading businesses with robust growth potential, focusing on sectors such as technology, consumer cyclical, communication services, financial services, and healthcare. Its portfolio is relatively concentrated, with over 60% of assets allocated to its top ten holdings, including leading names like Apple, NVIDIA, Microsoft, Amazon.com, and Alphabet, reflecting a preference for companies driving modern economic trends.
Class C shares feature a level-load structure, generally intended for investors who prefer to avoid upfront sales charges, though they carry a 1% contingent deferred sales charge (CDSC) on redemptions within 12 months and include higher ongoing distribution fees. The fund maintains an expense ratio above the average for its category and is available primarily through financial advisors and intermediaries. American Century Select Fund Class C plays an important role for investors and institutions seeking exposure to innovative growth companies in the U.S. equity market, employing a rigorous selection process within a disciplined risk framework.
Fund Family American Century Investments
Category Large-Cap Growth
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol ACSLX
Share Class C Class
Index Russell 1000 Growth TR
ACSLX had a total return of 8.34% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.30%.
