Products
American Century Introduces CIT Solution
<p>American Century Investments has launched a new collective investment trust (CIT) program.</p>
Reported by Rebecca Moore
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 www.americancentury.com.