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Article: Introducing American Century Investments; Twentieth Century and Benham unveil new company name and realign funds.
- Article from:
- Business Wire
- Article date:
- October 24, 1996
CopyrightCOPYRIGHT 1996 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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KANSAS CITY, Mo.--(BUSINESS WIRE)--Oct. 24, 1996--Twentieth Century Mutual Funds and The Benham Group, a $53 billion fund family formed last year by merger, today announced a realignment of its more than 60 funds.
The move is designed to simplify the decision-making process for mutual fund investors.
In addition, the company said it would mark the final stage of its merger by changing the name of the combined complex to "American Century(SM) Investments." Both the realignment and name change will be effective Jan. 1, 1997.
The realignment, which creates three fund groups based on investment objectives, will preserve the identities of ...