American Century s strategy is to identify inexpensive stocks and sell them when the prices reach fair market value. Second, they strive to remain fully invested at all times in the shares of companies that meet their selection standards.
Income is a secondary objective.
To pursue its objectives, the fund invests primarily in equity securities of well-established companies that are believed by management to be undervalued at the time of purchase. There can be no assurance that the Fund's objective will be achieved. 2.0 Portfolio Management The Fund is managed by Scott Moore and Philip N. Davidson . Scott Moore is a vice president and portfolio manager for American Century Investments. Mr. Moore joined American Century in 1993 and has worked in the financial industry since then.