Top 5 American Century Mutual Funds - Best of Fund Family

American Century Investments is a global asset management firm with more than $100 billion in assets and 200 institutional clients. Founded in 1958 by James Stowers, Jr, the company offers a wide range of products and services across a variety of investment styles and asset classes. The company takes a long term view of investments which allows it to be aligned to client interests and its stated investment objectives. American Century prides itself on a team-managed approach and contributes a significant share of its profits towards cutting edge medical research.

Below we will share with you 5 top rated American Century funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect the fund to outperform its peers in the future. To view the Zacks Rank and past performance of all American Century funds, then click here.

American Century New Opportunities (TWNOX) seeks capital appreciation over the long term. The fund primarily invests in equity securities of small and mid-cap firms whose value is expected to rise in the future. It purchases foreign securities, including those issued from emerging markets. The fund returned 38.86% in the last one year period.

The American Century mutual fund has a minimum initial investment of $2,500 and an expense ratio of 1.51% compared to a category average of 1.54%.

American Century Small Cap Growth A (ANOAX) invests a large proportion of its assets in small-cap companies. The companies invested in must have market capitalizations smaller than the largest company in the Russell 2000 Growth Index. . The fund has a five year annualized return of 3.92%.

Stafford Southwick is the fund manager and has managed this American Century mutual fund since 2001.

American Century Strategic Allocation: Aggressive A (ACVAX) seeks capital growth over the long term and regular income to a lesser degree. Under normal circumstances 79% of its assets are invested in equity, 20% in bonds and 1% in cash equivalents. The fund returned 20.61% in the last one year period.

The American Century mutual fund has a minimum initial investment of $2,500 and an expense ratio of 1.46% compared to a category average of 0.88%.

American Century International Discovery A (ACIDX) invests the majority of its assets in foreign small and mid-cap firms. Common and preferred stock and related convertible securities constitute its major investments. The fund invests in both mature economies and developing markets. The fund has a ten year annualized return of 6.41%.

As of December 2010, this American Century mutual fund held 109 issues, with 2.38% of its total assets invested in Iluka Resources Limited.

American Century Vista Advisor C (TWVAX) seeks capital growth over the long term. The fund focuses on investing in small and mid-cap companies whose value it expects will appreciate significantly in the future. It may purchase foreign securities, including those issued from emerging markets. The fund returned 33.83% over the last one year period.

The Fund Manager is Bradley J. Eixmann and he has managed this American Century mutual fund since 2007.

To view the Zacks Rank and past performance of all American Century mutual funds, then click here.

About Zacks Mutual Fund Rank

By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Learn more about the Zacks Mutual Fund Rank at http://www.zacks.com/funds.