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Capital offers a range of products focused on active management, including more than 40 mutual funds through its subsidiary, American Funds Distributors, as well as separately managed accounts (or collective investment trusts ), private equity, investment services for high net worth investors in the U.S., and a range of other offerings for institutional clients and individual investors ...
The company was founded by James E. Stowers Jr. in 1958 as "Twentieth Century Mutual Funds", a family of no-load funds, in Kansas City, Missouri. [1] Stowers started the funds in 1958 with just $100,000 in assets from 24 shareholders. [2] He built his business concentrating on small investors. The company changed its name to American Century Investments in 1997. [3] American Century's ...
He named the company for American polymath Benjamin Franklin because Franklin espoused frugality and prudence when it came to saving and investing. [4] The company's first line of mutual funds, Franklin Custodian Funds, was a series of conservatively managed equity and bond funds designed to appeal to most investors.
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GOBankingRates has put together a list some of the best no-load mutual funds to invest in right now. 1. American Funds American Mutual Fund Class F-1 (AMFFX) AMFFX is a large value fund that ...
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