Minimums & Pricing

I Class shares are available for purchase without sales charges or commissions by individuals and large institutional shareholders such as bank trust departments, corporations, endowments, foundations, and financial advisors. The minimum initial investment amount is generally $5 million ($3 million for endowments and foundations) per fund. For investors who invest through a financial intermediary, this requirement may be met if the financial intermediary aggregates investments of multiple clients into a single account that meets the minimum.

The minimum investment requirement may be waived if the investor, or their financial intermediary who combines client investments in this way, has an aggregate investment in our family of funds of $10 million or more ($5 million for endowments and foundations). A financial intermediary, upon receiving prior approval from American Century Investments, may waive applicable minimum initial investment amounts per shareholder for I Class shares in the following situations:

• Broker-dealers, banks, trust companies, registered investment advisers and other financial intermediaries may make I Class shares available with no initial investment minimum in fee based advisory programs or accounts where such program or account is traded omnibus by the financial intermediary;

• Qualified Tuition Programs under Section 529 that have entered into an agreement with the distributor; and

• Certain other situations deemed appropriate by American Century Investments.

Employer-sponsored retirement plans may not invest in I Class shares, except that plans invested in the I Class prior to April 10, 2017 may make additional purchases. With exception of One Choice Target Date Portfolio Funds, which are available to group employer sponsored retirement plans, with no initial minimums.

Refer to Fund Minimums and Purchase Guidelines for Employer-Sponsored Retirement Plans for additional eligibility information.