American Century Introduces CIT Solution

American Century Investments has launched a new collective investment trust (CIT) program.

A press release said the program comprises a broad suite of 12 active investment strategies.

American Century will now offer the following CIT strategies:

  • Large Cap Growth Equity
  • Value Yield Equity
  • Large Cap Value Equity
  • Large Cap Core Equity
  • Mid Cap Value Equity
  • Mid Cap Growth Equity
  • International Growth Equity
  • Global Growth Equity
  • Core Fixed Income
  • Inflation-Adjusted Bond
  • International Fixed Income
  • U.S. Real Estate Securities.

“CITs offer many of the same benefits as mutual funds, but at a lower cost due to fewer regulatory requirements,” said Drew Billingsley, vice president, Institutional Product Strategy for American Century Investments.

More information is available at