ACGR targets the fastest-growing large caps by screening for companies with accelerating revenue and earnings momentum. This semi-transparent active ETF gives you American Century's growth stock picking in an ETF wrapper, competing directly with traditional growth mutual funds.
How It Works
The fund uses a proprietary growth model that ranks stocks by earnings acceleration, revenue growth consistency, and positive estimate revisions. Unlike index-based growth ETFs that rely on backward-looking metrics, ACGR actively rebalances based on real-time fundamental changes. The semi-transparent structure publishes holdings quarterly while trading daily, balancing active management with ETF liquidity.
Key Features
- Active growth screening beats passive growth indices that hold yesterday's winners
- Semi-transparent structure protects the strategy while offering ETF tax efficiency
- Direct access to American Century's institutional growth process at ETF pricing
Risks
- Growth stocks can crater 40-60% when momentum breaks or rates spike unexpectedly
- Semi-transparent structure means you don't know exact holdings between quarterly disclosures
- Concentrated in mega-cap tech names that move together during market stress
Who Should Own This
Built for investors who want aggressive growth exposure but are tired of paying mutual fund fees for mediocre stock picking. Works best as a 10-20% satellite position for those comfortable with volatility, or as a tech sector replacement for more concentrated exposure to earnings momentum.