American Century Mid Cap Growth Impact ETF

Frequently Asked Questions About ACMG

What does ACMG invest in?

It is one of the issuers first actively-managed, non-transparent ETFs. Selection is based on individual company analysis, rather than broad economic forecasts. The portfolio generally holds 20-40 US midcaps with long-term growth and positive ESG traits. Firms are also gauged based on the UN Sustainable Development Goals (SDG) which may include: quality education, gender equality, and responsible consumption and production. The portfolio managers create an impact thesis to explain the firms SDG alignment along with its fundamental growth. Unlike other ETFs that publish full portfolio holdings daily, MID publishes a proxy portfolio on its website. It only includes some holdings, designed to track MIDs daily performance and help facilitate arbitrage opportunities. Holdings are disclosed on a quarterly basis, with a 60-day lag.

What is the expense ratio of ACMG?

American Century Mid Cap Growth Impact ETF (ACMG) charges an expense ratio of 0.39%. This is the annual fee deducted from fund assets to cover management and operations.

How big is ACMG?

American Century Mid Cap Growth Impact ETF (ACMG) manages $102.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is ACMG actively managed or an index fund?

ACMG's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was ACMG launched?

American Century Mid Cap Growth Impact ETF (ACMG) launched in July 2020 and is managed by American Century.

How has ACMG performed?

ACMG's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.