American Century Select Fund

Frequently Asked Questions About TWCAX

What does TWCAX invest in?

The fund primarily invests in the equity of companies that its advisors anticipate will appreciate in value over the long term. Portfolio managers base their investment selections mainly on thorough assessments of individual businesses, rather than relying on broader economic forecasts. They employ a range of sophisticated analytical tools and research techniques to identify shares of larger corporations that satisfy their particular investment criteria. Under typical market conditions, the managers prioritize companies demonstrating not merely growth in their earnings or revenues, but an accelerating pace of expansion.

What is the expense ratio of TWCAX?

American Century Select Fund (TWCAX) charges an expense ratio of 1.15%. This is the annual fee deducted from fund assets to cover management and operations.

How big is TWCAX?

American Century Select Fund (TWCAX) manages $6.26B 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 TWCAX actively managed or an index fund?

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

When was TWCAX launched?

American Century Select Fund (TWCAX) launched in August 1997 and is managed by the fund issuer.

How has TWCAX performed?

TWCAX'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.