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Submission: On May 23 via api from CH — Scanned from DE
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Financial Advisor * Corporate * Individual Investor * Investor Using Outside Advisor * Institutional * Enroll for Access * Forms * Contact Us Log Out /ipro/login/login_header_body.jsp Email Address Log In * Enroll for content access SearchSearch Products Mutual Funds * Featured Funds * Performance * Ratings * Yields * Distributions * Documents Exchange Traded Funds (ETFs) * ETFs Overview * Performance * Distributions * Documents Other Investments * Learning Quest 529 * Offshore/UCITS * Subadvisory * Separately Managed Accounts * Variable Portfolios Client Objective * Fixed Income * Target Date Solutions * Tax-Managed Solutions * Volatility Solutions Resources Resource Edge * 90-Day Dash™ * Portfolio Construction & Analytics Services * Social Media for Advisors * Building Belonging in Your Business Client Management Solutions * Optimize Your Practice * Breakeven AUM Calculator Client Conversations * College Planning * Market Education * Make an Impact * Retirement * Podcasts for Your Clients Other Resources * Tax Planning * Forms & Applications * Pricing & Breakpoints * Operational Support * Frequent Trading * On-Demand Continuing Education Defined Contribution DC Investments * Retirement Plan Investments * Key Retirement Topics * QDIA Selection & Evaluation * Target-Date Blueprint DC Plan Resources * Fiduciary Responsibility * Research & Insights * Participant Allocation Analysis PARTICIPANT EDUCATION Review our resources for client conversations. 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OPPORTUNITIES * Financial Advisor Change Site * Corporate * Individual Investor * Investor Using Outside Advisor * Institutional Investor Enroll for Access Forms Contact Us AMERICAN CENTURY® EXCHANGE TRADED FUNDS (ETFS) * Performance * Distributions * Documents * Performance * Distributions * Documents Showing 16 Funds * All Funds * Stock Funds * Bond Funds Obtain the most recent month or quarter end in the Performance section. PROSPECTUS REPORTS HOLDINGS Fund Name Fact Sheet SAI Summary Complete Semi-Annual Annual Quarterly Calendar Q1 Fiscal Q3 Fiscal PROSPECTUS REPORTS HOLDINGS Fund Name Fact Sheet SAI Summary Complete Semi-Annual Annual Quarterly Calendar Q1 Fiscal Q3 Fiscal American Century Diversified Corporate Bond ETF 1, Quarterly Commentary PDF American Century Diversified Municipal Bond ETF 1, Quarterly Commentary PDF American Century Emerging Markets Bond ETF 1, N/A N/A American Century Focused Dynamic Growth ETF B, 4, Quarterly Commentary PDF N/A American Century Focused Large Cap Value ETF B, 4, Quarterly Commentary PDF N/A American Century Low Volatility ETF 1, Quarterly Commentary PDF N/A American Century Mid Cap Growth Impact ETF C, 2, 3, Quarterly Commentary PDF N/A American Century Multisector Income ETF 1, N/A N/A American Century Quality Convertible Securities ETF 1, Quarterly Commentary PDF N/A American Century Quality Diversified International ETF 6, Quarterly Commentary PDF American Century Quality Preferred ETF 1, Quarterly Commentary PDF N/A American Century Select High Yield ETF 1, N/A N/A American Century STOXX U.S. Quality Growth ETF 5, 6, 7, Quarterly Commentary PDF American Century STOXX U.S. Quality Value ETF 5, 6, 7, Quarterly Commentary PDF American Century Sustainable Equity ETF C, 2, Quarterly Commentary PDF N/A American Century Sustainable Growth ETF C, 2, 3, N/A N/A Fund Name Fund Name American Century Diversified Corporate Bond ETF 1, Quarterly Commentary PDF American Century Diversified Municipal Bond ETF 1, Quarterly Commentary PDF American Century Emerging Markets Bond ETF 1, American Century Focused Dynamic Growth ETF 4, Quarterly Commentary PDF American Century Focused Large Cap Value ETF 4, Quarterly Commentary PDF American Century Low Volatility ETF 1, Quarterly Commentary PDF American Century Mid Cap Growth Impact ETF 2, 3, Quarterly Commentary PDF American Century Multisector Income ETF 1, American Century Quality Convertible Securities ETF 1, Quarterly Commentary PDF American Century Quality Diversified International ETF 6, Quarterly Commentary PDF American Century Quality Preferred ETF 1, Quarterly Commentary PDF American Century Select High Yield ETF 1, American Century STOXX U.S. Quality Growth ETF 5, 6, 7, Quarterly Commentary PDF American Century STOXX U.S. Quality Value ETF 5, 6, 7, Quarterly Commentary PDF American Century Sustainable Equity ETF 2, Quarterly Commentary PDF American Century Sustainable Growth ETF 2, 3, No funds found, try changing filter criteria. ^ TOP FOOTNOTES BThis ETF is different from traditional ETFs. Traditional ETFs tell the public what assets they hold each day. This ETF will not. This may create additional risks for your investment. Specifically: * You may have to pay more money to trade the ETF's shares. This ETF will provide less information to traders, who tend to charge more for trades when they have less information. * The price you pay to buy ETF shares on an exchange may not match the value of the ETF's portfolio. The same is true when you sell shares. These price differences may be greater for this ETF compared to other ETFs because it provides less information to traders. * These additional risks may be even greater in bad or uncertain market conditions. The differences between this ETF and other ETFs may also have advantages. By keeping certain information about the ETF secret, this ETF may face less risk that other traders can predict or copy its investment strategy. This may improve the ETF's performance. If other traders are able to copy or predict the ETF's investment strategy, however, this may hurt the ETF's performance. For additional information regarding the unique attributes and risks of this ETF, see the additional risk discussion at the end of this material. C This ETF is different from traditional ETFs. Traditional ETFs tell the public what assets they hold each day. This fund will not. This may create additional risks for your investment. For example: * You may have to pay more money to trade the fund's shares. This fund will provide less information to traders, who tend to charge more for trades when they have less information. * The price you pay to buy fund shares on an exchange may not match the value of the fund's portfolio. The same is true when you sell shares. These price differences may be greater for this fund compared to other ETFs because it provides less information to traders. * These additional risks may be even greater in bad or uncertain market conditions. * The ETF will publish on its website each day a "Proxy Portfolio" designed to help trading in shares of the ETF. While the Proxy Portfolio includes some of the ETF's holdings, it is not the ETF's actual portfolio. The differences between this fund and other ETFs may also have advantages. By keeping certain information about the fund secret, this fund may face less risk that other traders can predict or copy its investment strategy. This may improve the fund's performance. If other traders are able to copy or predict the fund's investment strategy, however, this may hurt the fund's performance. For additional information regarding the unique attributes and risks of this ETF, see the additional risk discussion at the end of this material. *Holdings are subject to change at any time and are not intended as recommendations to purchase or sell securities. AA summary prospectus is not produced for this fund. 1. This fund is an actively managed ETF that does not seek to replicate the performance of a specified index. To determine whether to buy or sell a security, the portfolio managers consider, among other things, various fund requirements and standards, along with economic conditions, alternative investments, interest rates and various credit metrics. If the portfolio manager considerations are inaccurate or misapplied, the fund's performance may suffer. 2. Investment return and principal value of security investments will fluctuate. The value at the time of redemption may be more or less than the original cost. Past performance is no guarantee of future results. The fund is an actively managed ETF that does not seek to replicate the performance of a specified index. Proxy Portfolio Risk: The goal of the Proxy Portfolio is, during all market conditions, to track closely the daily performance of the Actual Portfolio and minimize intra-day misalignment between the performance of the Proxy Portfolio and the performance of the Actual Portfolio. The Proxy Portfolio is designed to reflect the economic exposures and the risk characteristics of the Actual Portfolio on any given trading day. * The Proxy Portfolio methodology is novel and not yet proven as an effective arbitrage mechanism. The effectiveness of the Proxy Portfolio as an arbitrage mechanism is contingent upon, among other things, the fund's factor model analysis creating a proxy portfolio that performs in a manner substantially identical to the performance of the fund's actual portfolio. While the Proxy Portfolio may include some of the fund's holdings, it is not the fund's Actual Portfolio. ETFs trading on the basis of a published Proxy Portfolio may exhibit wider premiums and discounts, bid/ask spreads, and tracking error than other ETFs using the same investment strategies that publish their portfolios on a daily basis, especially during periods of market disruption or volatility. Therefore, shares of the fund may cost investors more to trade than shares of a traditional ETF. * Each day the fund calculates the overlap between the holdings of the prior Business Day's Proxy Portfolio compared to the Actual Portfolio (Proxy Overlap) and the difference, in percentage terms, between the Proxy Portfolio per share NAV and that of the Actual Portfolio (Tracking Error). If the Tracking Error becomes large, there is a risk that the performance of the Proxy Portfolio may deviate from the performance of the Actual Portfolio. * The fund's Board of Trustees monitors its Tracking Error and bid/spread. If deviations become too large, the Board will consider the continuing viability of the fund, whether shareholders are being harmed, and what, if any, corrective measures would be appropriate. See the Statement of Additional Information for further discussion of the Board's monitoring responsibilities. * Although the fund seeks to benefit from keeping its portfolio information secret, market participants may attempt to use the Proxy Portfolio to identify a fund's trading strategy, which if successful, could result in such market participants engaging in certain predatory trading practices that may have the potential to harm the fund and its shareholders. Premium/Discount Risk: Publication of the Proxy Portfolio is not the same level of transparency as the publication of the full portfolio by a fully transparent active ETF. Although the Proxy Portfolio is intended to provide investors with enough information to allow for an effective arbitrage mechanism that will keep the market price of the fund at or close to the underlying net asset value (NAV) per share of the fund, there is a risk (which may increase during periods of market disruption or volatility) that market prices will vary significantly from the underlying NAV of the fund. This means the price paid to buy shares on an exchange may not match the value of the fund's portfolio. The same is true when shares are sold. Trading Issues Risk: If securities representing 10% or more of the fund's Actual Portfolio do not have readily available market quotations, the fund will promptly request that the Exchange halt trading in the fund's shares. Trading halts may have a greater impact on this fund compared to other ETFs due to the fund's nontransparent structure. If the trading of a security held in the fund's Actual Portfolio is halted, or otherwise does not have readily available market quotations, and the Advisor believes that the lack of any such readily available market quotations may affect the reliability of the Proxy Portfolio as an arbitrage vehicle, or otherwise determines it is in the best interest of the fund, the Advisor promptly will disclose on the fund's website the identity and weighting of such security for so long as such security's trading is halted or otherwise does not have readily available market quotations and remains in the Actual Portfolio. Authorized Participant Concentration Risk: Only an authorized participant may engage in creation or redemption transactions directly with the fund. The fund may have a limited number of institutions that act as authorized participants. To the extent that these institutions exit the business or are unable to proceed with creation and/or redemption orders with respect to the fund and no other authorized participant is able to step forward to process creation and/or redemption orders, fund shares may trade at a discount to net asset value (NAV) and possibly face trading halts and/or delisting. This risk may be more pronounced in volatile markets, potentially where there are significant redemptions in ETFs generally. The fact that the fund is offering a novel and unique structure may affect the number of entities willing to act as Authorized Participants. During times of market stress, Authorized Participants may be more likely to step away from this type of ETF than a traditional ETF. A strategy or emphasis on environmental, social and governance factors ("ESG") may limit the investment opportunities available to a portfolio. Therefore, the portfolio may underperform or perform differently than other portfolios that do not have an ESG investment focus. A portfolio's ESG investment focus may also result in the portfolio investing in securities or industry sectors that perform differently or maintain a different risk profile than the market generally or compared to underlying holdings that are not screened for ESG standards. 3. ESGY, MID: The fund is classified as non-diversified. Because it is non-diversified, it may hold large positions in a small number of securities. To the extent it maintains such positions; a price change in any one of those securities may have a greater impact on the fund's share price than if it were diversified. 4. Investment return and principal value of security investments will fluctuate. The value at the time of redemption may be more or less than the original cost. Past performance is no guarantee of future results. The fund is an actively managed ETF that does not seek to replicate the performance of a specified index. This fund may invest in a limited number of companies, which carries more risk because changes in the value of a single company may have a more significant effect, either negative or positive on the fund's value. Because the shares are traded in the secondary market, a broker may charge a commission to execute a transaction in shares, and an investor also may incur the cost of the spread between the price at which a dealer will buy shares and the somewhat higher price at which a dealer will sell shares. The Verified Intraday Indicative Value: Unlike traditional ETFs, the fund does not tell the public what assets it holds each day. Instead, the fund provides a verified intraday indicative value (VIIV), calculated and disseminated every second throughout the trading day by the Cboe BZX Exchange, Inc. (Listing Exchange) or by market data vendors or other information providers. It is available on websites that publish updated market quotations during the trading day, by searching for the fund's ticker plus the extension .IV, though some websites require more unique extensions. For example, the VIIV can be found on Yahoo Finance (https://finance.yahoo.com) by typing "^FLV-IV" (for Focused Large Cap Value ETF) or "^FDG-IV" (for Focused Dynamic Growth ETF) in the search box labeled "Quote Lookup." The VIIV is based on the current market value of the securities in the fund's portfolio on that day. The VIIV is intended to provide investors and other market participants with a highly correlated per share value of the underlying portfolio that can be compared to the current market price. To calculate the VIIV, the fund employs two separate calculation engines to provide two independently calculated sources of intraday indicative values (calculation engines). The fund then uses a pricing verification agent to continuously compare the data from both the calculations engines on a real time basis. If during the process of real time price verification, the indicative values from the calculation engines differ by more than 25 basis points for 60 consecutive seconds, the pricing verification agent will alert the advisor, and the advisor will request that the Listing Exchange halt trading of the fund's shares until the two indicative values come back into line. This "circuit breaker" is designed to prevent the VIIV from reflecting outlier prices. The specific methodology for calculating the fund's VIIV is available on the fund's website. Portfolio Transparency Risk: The VIIV is intended to provide investors with enough information to allow for an effective arbitrage mechanism that will keep the market price of the fund's shares trading at or close to the underlying net asset value (NAV) per share of the fund. There is, however, a risk, which may increase during periods of market disruption or volatility, that market prices will vary significantly from the underlying NAV of the fund. Similarly, because the fund's shares trade on the basis of a published VIIV, they may trade at a wider bid/ask spread than shares of ETFs that publish their portfolios on a daily basis, especially during periods of market disruption or volatility, and therefore, may cost investors more to trade. Although the fund seeks to benefit from keeping its portfolio information secret, some market participants may attempt to use the VIIV to identify the fund's trading strategy, which if successful, could result in such market participants engaging in certain predatory trading practices that may have the potential to harm the fund and its shareholders. The fund's website will contain a historical comparison of each business day's final VIIV to that business day's NAV. Early Close / Trading Halt Risk: Trading in fund shares on the Listing Exchange may be halted in certain circumstances. An exchange or market may close early or issue trading halts on portfolio securities. In times of market volatility, if trading is halted in some of the securities that the fund holds, there may be a disconnect between the market price of those securities and the market price of the fund. In addition, if at any time the securities representing 10% or more of the fund's portfolio become subject to a trading halt or otherwise do not have readily available market quotations, the fund's advisor will request the Listing Exchange to halt trading on the fund, meaning that investors would not be able to trade their shares. Also, if there is a circuit breaker event, as described above, the fund's advisor will request the Listing Exchange to halt trading. During any such trading halt, the VIIV would continue to be calculated and disseminated. Trading halts may have a greater impact on the fund than traditional ETFs because of its lack of transparency. Additionally, the fund's advisor monitors the bid and ask quotations for the securities the fund holds, and, if it determines that such a security does not have readily available market quotations (such as during an extended trading halt), it will post that fact and the name and weighting of that security in the fund's VIIV calculation on the fund's web site. This information should permit market participants to calculate the effect of that security on the VIIV calculation, determine their own fair value of the disclosed portfolio security, and better judge the accuracy of that day's VIIV for the fund. An extended trading halt in a portfolio security could exacerbate discrepancies between the VIIV and the fund's NAV. Authorized Participant / Authorized Participant Representative Concentration Risk: The fund issues and redeems shares that have been aggregated into blocks of 5000 shares or multiples thereof (Creation Units) to authorized participants who have entered into agreements with the fund's distributor. (Authorized Participants). The creation and redemption process for the fund occurs through a confidential brokerage account (Confidential Account) with an agent, called an AP Representative, on behalf of an Authorized Participant. Each day, the AP Representative will be given the names and quantities of the securities to be deposited, in the case of a creation, or redeemed, in the case of a redemption (Creation Basket), allowing the AP Representative to buy and sell positions in the portfolio securities to permit creations or redemptions on the Authorized Participant's behalf, without disclosing the information to the Authorized Participant. The fund may have a limited number of institutions that act as Authorized Participants and AP Representatives, none of which are obligated to engage in creation or redemption transactions. To the extent that these institutions exit the business or are unable to proceed with creation and/or redemption orders with respect to the fund and no other Authorized Participant is able to step forward to process creation and/or redemption orders, fund shares may trade at a discount to NAV and possibly face trading halts and/or delisting. This risk may be more pronounced in volatile markets, potentially where there are significant redemptions in ETFs generally. The fact that the fund is offering a novel and unique structure may affect the number of entities willing to act as Authorized Participants and AP Representatives. During times of market stress, Authorized Participants may be more likely to step away from this type of ETF than a traditional ETF. 5. STOXX® is a registered trademark of STOXX Ltd. 6. This fund is not actively managed and the portfolio managers do not attempt to take defensive positions under any market conditions, including declining markets. The portfolio managers also do not generally add or remove a security from the fund until such security is similarly added or removed from the underlying index. Therefore, the fund may hold an underperforming security or not hold an outperforming security until the underlying index reacts. This may result in underperformance compared to the market generally. In addition, there is no assurance that the underlying index will be determined, composed or calculated accurately. While the index provider provides descriptions of what the underlying index is designed to achieve, the index provider does not guarantee the quality, accuracy or completeness of data in respect of its indices, and does not guarantee that the underlying index will be in line with the described index methodology. Gains, losses or costs to the fund caused by errors in the underlying index may therefore be borne by the fund and its shareholders. 7. The STOXX® Index is the intellectual property (including registered trademarks) of STOXX Limited, Zurich, Switzerland ("STOXX"), Deutsche Börse Group or their licensors, which is used under license. The fund is neither sponsored nor promoted, distributed or in any other manner supported by STOXX, Deutsche Börse Group or their licensors, research partners or data providers and STOXX, Deutsche Börse Group and their licensors, research partners or data providers do not give any warranty, and exclude any liability (whether in negligence or otherwise) with respect thereto generally or specifically in relation to any errors, omissions or interruptions in the STOXX® Index or its data. ETF shares may be bought or sold throughout the day at their market price, not their Net Asset Value (NAV), on the exchange on which they are listed. Shares of ETFs are tradable on secondary markets and may trade either at a premium or a discount to their NAV on the secondary market. ETFs trade like stocks, fluctuate in market value and may trade at prices above or below the ETF's net asset value. Brokerage commissions and ETF expenses will reduce returns. Exchange Traded Funds (ETFs): Foreside Fund Services, LLC - Distributor, not affiliated with American Century Investments Services, Inc. Close WEBINAR INSIDE WASHINGTON WITH ANDY FRIEDMAN Tuesday May 10 2022 4:00 pm Eastern Time Register for webinar * Contact Us OTHER SITES * Corporate Site * Individual Investor * Investor Using Outside Advisor * Institutional Investor AMERICAN CENTURY INVESTMENTS * Our Firm * Prosper With Purpose® * Insights * Newsroom * Careers * Feedback STAY CONNECTED * * * * * * American Century Investment Services, Inc. Distributor * Glossary * Terms & Conditions * Privacy & Security Copyright 2022 American Century Proprietary Holdings Inc. All rights reserved. All dates and times are based on Central time. You should consider the fund's investment objectives, risks, and charges and expenses carefully before you invest. The fund's prospectus or summary prospectus, which can be obtained by calling 1-800-345-6488, contains this and other information about the fund, and should be read carefully before investing. Download Prospectus: Mutual Fund, Variable Portfolio Fund or Exchange Traded Fund (ETF). Download Avantis Investors Prospectus: Mutual Fund or Exchange Traded Fund (ETF). Investments are subject to market risk. /ipro/login/status.jsp anonymous We use cookies to offer you a better browsing experience, analyze site traffic and personalize content. Read about how we use cookies and how you can control them by clicking "Cookie Settings." Cookies Settings Accept All COOKIE PREFERENCE CENTER * HOW WE USE COOKIES * STRICTLY NECESSARY COOKIES * FUNCTIONAL COOKIES * PERFORMANCE COOKIES * TARGETING COOKIES HOW WE USE COOKIES We use cookies to facilitate your use of our website. These cookies do not collect or contain any personally identifiable information. We use temporary cookies on all secure pages. 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