Investor Summary

The fund is co-managed by Rajesh Gandhi, CFA, who serves as Senior Portfolio Manager and has been managing the fund since February 2008, bringing over two decades of investment industry experience. Gandhi joined American Century in 2002 and holds a Bachelor of Science degree in Finance and Real Estate from the University of Wisconsin-Madison, and co-manages Non-U.S. Growth strategies for the firm. Jim Zhao, CFA, serves as Vice President and Portfolio Manager, having managed the fund since December 2017 after joining American Century in 2009. Zhao holds degrees in physics and civil and environmental engineering from Clarkson University, plus an MBA from Carnegie Mellon University. The portfolio management team has an average tenure of approximately 13 years, providing continuity and deep market expertise in international growth investing. Both managers are CFA charterholders and demonstrate extensive experience in fundamental analysis and international market dynamics. Their combined expertise spans multiple market cycles and economic environments across global developed markets. The management team emphasizes a research-driven, individual security selection strategy focused on companies outside the U.S. demonstrating early and sustainable growth acceleration.

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Fund Strategy

The International Growth Fund seeks long-term capital growth by investing in large companies in developed countries outside the U.S. that are exhibiting sustainable, accelerating earnings growth. The fund invests primarily in securities of companies located in at least three developed countries worldwide, excluding the United States. Under normal market conditions, the fund's portfolio managers seek securities of companies whose earnings, revenues or key business fundamentals are not only growing, but growing at an accelerating pace. The investment strategy focuses on companies exhibiting accelerating growth in earnings, revenues, or key business fundamentals under normal market conditions. The fund aims for capital growth by investing primarily in an internationally-diversified portfolio of common stocks from developed markets. The managers employ fundamental analysis with a bottom-up stock picking approach to create the portfolio. Recent strategic positioning emphasizes companies benefiting from structural trends including digital transformation, artificial intelligence adoption, and demographic changes in developed economies. The investment approach focuses on identifying sustainable growth opportunities through rigorous fundamental analysis and individual security selection across international developed markets.

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FUND PERFORMANCE AS OF 31st December 2025

ANNUALIZED SINCE INCEPTION QUARTERLY YTD
7.1% 0.3% 15.6%