Greg Woodhams, co-chief investment officer of American Century's global growth team and lead manager of American Century Growth TWCGX, will retire at the end of 2021. Keith Lee will take over Woodhams' co-CIO duties (alongside Keith Creveling) on Sept. 1, 2021, and Joe Reiland will succeed him as head of the U.S. large-cap growth team and comanager on the fund. At the same time, Reiland will become a named manager of American Century VP Growth AWRIX. While Woodhams' 40-plus years of investment experience can't be matched, Reiland is an adequate replacement. He has more than 25 years of industry experience and has been a member of the U.S. large-cap growth team since joining the firm in 2000. Reiland also is the architect of the team's quant model.
American Century Growth R AGWRX
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will AGWRX outperform in future?
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Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AGWRX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the AGWRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of AGWRX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Lead Manager of American Century Growth Retiring; No Change to Rating
