had a couple of years of experience as lead managers on another large-growth offering at the firm, American Century Select TWCIX , where they delivered relatively attractive results during their time in charge. Lee and Li use the same basic strategy on
leaders here in April 2009. They also run American Century Select TWCIX . Lee has been on Select since 2003; Li since 2006. They took ..... April 2009. (They took control of American Century Select TWCIX , which they run in a similar style to this fund, in early
Current management duo hadn't run a fund together before taking over here.Fund didn't hold up much better than its benchmark in the late-2007-to-early-2009 bear market.Managers' experience on the fund goes beyond their tenure as lead duo.Portfolio turnover has fallen under their direction to a
Lagging a bit in the recent rally, but there are more important factors here.
Keith Lee and Michael Li, who also run American Century Select TWCIX . Lee has been on that fund since 2003; Li since 2006. Three ..... position. They have managed large-growth American Century Select TWCIX on their own since early 2007. Lee and Li make clear they are
In June, the firm brought in Tom Telford from New Opportunities II ANOAX to turn this fund around. American Century Select TWCIX is an even bigger disappointment because it's supposed to be using a conservative, valuation-sensitive growth strategy
follow through: They currently own just 19 stocks and pour 63% of assets into the top 10 holdings. But American Century Select TWCIX has a different interpretation. That offering owns 112 issues and puts just 25% of assets in its top 10 holdings. In sum
Wait until the dust settles before choosing American Century Select Fund. This offering certainly has been no stranger to change in recent years. Nearly its entire management team jumped ship in mid-1999, so Ken Crawford was elevated from analyst to comanager. Jerry Sullivan, who had joined
choosing a team-managed fund doesn't eliminate the possibility of a complete management overhaul. Take American Century Select TWCIX , where comanagers Jean Ledford and Richard Welsh, as well as two of the fund's three dedicated analysts, recently departed
definitive conclusions, but there have been signs that these changes have produced improvements. Ultra, Growth TWCGX , and Select TWCIX earned top-half returns in 1998, and all three have recorded decent numbers in 1999's first half. Unlike in years past