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ESGA

69.72090 USD
0.4648
0.67%
Last update May 13, 1:49 PM EDT
Market closed
Day range
69.13000
69.73400
Previous close
69.25610
Open
69.36000
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American Century Large Cap Equity Fund
69.72
0.46
0.67%

Overview

Description

American Century Large Cap Equity Fund is a mutual fund that primarily invests in a diversified portfolio of large-capitalization stocks. Its main purpose is to provide long-term growth of capital by targeting well-established companies with market capitalizations typically over $10 billion. These large-cap companies are generally characterized by their stability, strong market presence, and potential for sustained growth over time. The fund strategically selects equities from various sectors, thereby minimizing risk through diversification while focusing on companies with strong fundamentals and growth potential. This can include sectors such as technology, healthcare, consumer goods, and financial services. By investing in a broad array of industries, the fund aligns with economic cycles and sector-specific trends, providing investors exposure to overall market growth. As part of American Century Investments, this fund plays a significant role in providing retail and institutional investors with access to the growth opportunities present in the U.S. large-cap sector. Its emphasis on experienced management and research-driven strategies helps it maintain a competitive position within the mutual fund market, appealing to those seeking long-term capital appreciation.

About

Address
Phone
(816) 531-5575
Website
Instrument type
ETF
Country
United States
MIC code
ARCX
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