Customer Relationship Summary (Form CRS)

Limited recommendations

We make limited recommendations to investors
of one or more American Century family of mutual
funds. The recommendations will generally be a
group or asset allocation of investments and
corresponding options to achieve this allocation
through either a single diversified mutual fund or
a group of mutual funds built around other
holdings. You can execute this recommendation
with the transfer agent for the American Century
family of mutual funds or anywhere else of your
choosing.

You make the ultimate decision regarding the
purchase or sale of investments. We do not
monitor your account or investments.

The account minimum for any of the American
Century family of funds which we recommend is
generally an initial investment of $2,500 (or
$500 with automatic investments of at least
$100). Certain account types, such as accounts
within an employer-sponsored retirement plan do
not have any minimum initial investment amounts.

Advisory services

We offer investment advisory services to investors, including
discretionary portfolio management through either an online service or
an advisor-led, wrap fee program. Both services include discretionary
investment management, portfolio monitoring and rebalancing. Both
services also offer financial planning and advisor consultations, but the
online service requires an additional fee for these services, described
below. Our advice is based on your financial situation, which is
evaluated based on detailed information about your personal
circumstances like age, investment time horizon, risk tolerance,
expectations, and goals.

We generally manage our clients’ accounts within similarly managed or
model portfolios that are comprised entirely of mutual funds and ETFs
within the American Century family of funds.

If you choose, financial accounts outside of American Century may be
aggregated and/or considered in our advice to you. You make the
ultimate decision regarding the purchase or sale of these outside
investments.

We typically require investors to have a minimum relationship size
(including assets of parents, siblings and children) of $10,000 for the
online service and $50,000 for the wrap fee program, all held within
our model portfolios. This minimum relationship size may be reduced or
waived at our discretion.

Limited recommendations

We do not charge any fee for providing
our limited recommendations. The
only fee you will pay if you choose to
execute our recommendation is the
underlying mutual fund’s fees and any
account maintenance fee.

Fund fees

The annual fund operating expenses
for the funds we recommend range
between 0.40% to 1.56%. You pay
this annual fee directly as a percentage
of the value of your investment.

Account fee

The annual account maintenance fee
for a mutual fund account in one of the
funds we recommend is $25.00. The
fund will waive this fee with eligible
investments of at least $10,000.

Employer plan fees

Participants in an employer-sponsored
account will pay one of the following
fees, depending on the account type:

Custodial fee – participants in an
employer-sponsored plan set up
pursuant to a custodial arrangement
(such as a SIMPLE Plan) will pay an
annual fee of $15 per fund in the
account.

Participant service fee – participants in
a qualified retirement plan (such as a
401(k)) will pay an annual fee of
$25. For additional information, please
see American Century Investments
Private Client Group’s Investment
Plan and Online Services Brochure  (Item 5).

Advisory services

Advisor-led service

We charge a single fee (wrap fee) based on the value of your assets under
management with us for the advisor-led advisory service. The single fee includes
our services, along with any underlying trading costs, commissions, and custody
services related to our recommendations. Fees are calculated and deducted on a
quarterly basis in advance. The daily market value of the assets under management
as of the end of the last business day of the calendar quarter is used to calculate
the fee for the next quarter.

Advisory fee

The annual advisory fee is 0.90% on the first $5 million of assets under
management and 0.70% on assets under management over $5 million.

As a wrap fee program, our advisory fee covers most underlying transaction costs,
commissions, and the brokerage or custody fees of your underlying investments
within our model portfolios. In addition, because of our affiliation with the advisory
to the American Century family of funds, we quarterly reimburse the Advisory Fee
paid for the prior quarter and additional amounts, if any, in an amount totaling the
underlying management fees paid over the course of the quarter from holdings a
Client has in American Century family of funds within the model portfolios.

Online service

We do not charge any fee for providing our online advisory service. The only fee
you will pay if you choose to open an online advisory account is the underlying
mutual fund’s fees and any service or consultation fees you may choose. The
annual fund operating expenses for the funds we recommend range between
0.25% to 0.40%. You pay this annual fee directly as a percentage of the value of
your investment. Advisor consultations require an additional fee of at least $150.

Advisor-led service and online service

The more assets there are in your account, the more you will pay in fees, and we
may therefore have an incentive to encourage you to increase the assets in your
account. Other fees - In addition to the above fees, there may be other costs
assessed, which are not included in the advisory fee, such as charges for
transactions executed outside of our recommendations, costs associated with
exchanging currencies, wire transfer and electronic fund fees, paper mailing fees,
transfer fees, margin and other borrowing costs, other service fees or other fees
required by law.

For additional information, please see American Century Investments Private
Client Group’s Wrap Fee Program Brochure  (Items 4.B and 4.C).

Limited recommendations

When we act as your investment adviser, we
have to act in your best interest and not put our
interest ahead of yours. At the same time, the way
we make money creates some conflicts with your
interests. You should understand and ask us
about these conflicts because they affect the
investment advice we provide you. Here are some
examples to help you understand what this
means.

Our limited recommendations include only
investments in mutual funds from the American
Century family of funds. Because of this affiliate
relationship, we have an incentive to recommend
that you invest in such funds. This may conflict
with your interests.

For additional information, please see
American Century Investments Private Client
Group’s Investment Plan Service Brochure and
the SEC’s website at adviserinfo.sec.gov .

Advisory services

When we act as your investment adviser, we have to act in your
best interest and not put our interest ahead of yours. At the same
time, the way we make money creates some conflicts with your
interests. You should understand and ask us about these conflicts
because they affect the investment advice we provide you. Here are
some examples to help you understand what this means.

The model portfolios included in our advisory services include only
investments in mutual funds and ETFs from the American Century family of funds as underlying investments. Because of this affiliate
relationship, we have an incentive to recommend that you open or
invest through your advisory account with us. This may conflict with
your interests.

Advisor-led service –

For additional information, please see American Century
Investments Private Client Group’s Wrap Fee Program Brochure  and
the SEC’s website at adviserinfo.sec.gov .

Online service –

For additional information, please see American Century
Investments Private Client Group’s Investment Plan and Online Services Brochure  and the SEC’s website at adviserinfo.sec.gov .