MID

American Century Mid Cap Growth Impact ETF

$65.47
+0.00%
Market closed. Last update: 11:36 PM ET

📎 Investment Objective

The American Century Mid Cap Growth Impact ETF seeks to provide long-term capital growth by investing in mid-capitalization companies that the fund's managers believe have the potential for above-average growth and a positive environmental, social, and governance (ESG) impact.

Overview

ETF tracking American Century Mid Cap Growth Impact ETF

Category Mid Cap
Issuer Other
Inception Date 2020-07-15
Market Cap $13.1M
Average Volume N/A
Dividend Yield 0.17%
52-Week Range $49.70 - $69.09
VWAP $65.79

Performance

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Investment Summary

📎 Investment Objective

The American Century Mid Cap Growth Impact ETF seeks to provide long-term capital growth by investing in mid-capitalization companies that the fund's managers believe have the potential for above-average growth and a positive environmental, social, and governance (ESG) impact.

🎯 Investment Strategy

The fund invests primarily in mid-cap companies that the portfolio managers believe have strong growth potential and demonstrate positive ESG characteristics. The managers use fundamental research to identify companies they believe are well-positioned to benefit from long-term economic and demographic trends.

✨ Key Features

  • Focuses on mid-cap companies with growth potential and positive ESG impact
  • Actively managed portfolio aiming to outperform the mid-cap growth segment
  • Incorporates ESG analysis to identify companies aligned with sustainable business practices
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Mid-cap stocks may be more volatile and less liquid than large-cap stocks
  • Growth-oriented stocks may underperform value-oriented stocks in certain market conditions
  • ESG criteria may exclude some companies or industries, limiting the investment universe
  • As a new fund, it has a limited track record to evaluate long-term performance

👤 Best For

This ETF may be suitable for investors seeking long-term capital growth from a portfolio of mid-cap companies with a focus on sustainability and positive ESG impact. It may be appropriate as a core or satellite holding in a diversified portfolio, but investors should be comfortable with the higher volatility and risk profile of mid-cap growth stocks.