FILED BY: AMERICAN CENTURY MUTUAL FUNDS, INC.
PURSUANT TO RULE 425 UNDER THE
SECURITIES ACT OF 1933, AS AMENDED
SUBJECT COMPANY: AMERICAN CENTURY MUTUAL FUNDS, INC.
SEC REGISTRATION STATEMENT NO. 333-140907
ANSWERING MACHINE MESSAGE:
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AMERICAN CENTURY FUNDS
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Hello, this message is for __________________ my name is ____________________
and I am a proxy representative for ADP on behalf of American Century Funds,
with which you are a shareholder. You should have received material in the mail
recently concerning the Special meeting of Shareholders scheduled for June 27th,
2007.
Your vote is very important. You can provide your vote quickly and easily by
touchtone phone, Internet or by mail. You may call also call us toll free at
1-877-256-6083 to cast your vote directly over the phone or to answer any
questions you may have.
Your prompt response will help avoid the cost of additional calls and ensure
that enough shareholder participation will be present at the meeting. THE BOARD
OF DIRECTORS/TRUSTEES OF THE FUND UNANIMOUSLY RECOMMENDS THAT YOU VOTE IN FAVOR
OF THE PROPOSALS. Thank you and have a great day/evening.
VOTE CONFIRMATION:
AFTER MUCH CONSIDERATION THE BOARD OF DIRECTORS/TRUSTEES HAS UNANIMOUSLY
APPROVED THE PROPOSALS AS SET FORTH IN THE MATERIAL YOU RECEIVED AND RECOMMENDS
A FAVORABLE VOTE FOR THESE PROPOSALS. DO YOU WISH TO SUPPORT THE BOARD'S
RECOMMENDATION FOR EACH OF YOUR ACCOUNTS?
For Favorable Vote:
Mr./Ms. __________________ I have recorded your vote as follows, for all of
your American Century Funds accounts you are voting the Board's
recommendation in favor of the proposals as set forth in the proxy
materials you have received, is that correct?
FOR NON-FAVORABLE VOTE:
Mr./Ms. __________________ I have recorded your vote as follows, for all of
your American Century Funds accounts you have chosen to (vote
against/abstain from) the proposals as set forth in the proxy materials you
have received, is that correct?
WITHIN THE NEXT 72 HOURS WE WILL MAIL YOU A WRITTEN CONFIRMATION OF YOUR VOTE.
IF WE HAVE NOT RECORDED YOUR INFORMATION CORRECTLY OR IF YOU WISH TO CHANGE YOUR
VOTE, PLEASE CALL THE TOLL FREE NUMBER ON THE CONFIRMATION TO LET US KNOW. ALSO,
PLEASE BE AWARE THAT YOUR VOTE CANNOT BE CHANGED WITH US BY PHONE AFTER 9:00PM
ET, JUNE 26TH, 2007. THANK YOU VERY MUCH FOR YOUR PARTICIPATION AND HAVE A GREAT
DAY/EVENING.
MIS CALL CENTER CAMPAIGN FACT FINDER
CLIENT: AMERICAN CENTURY FUNDS
SERVER: 1 SUPERVISOR: BRIAN KENNEDY
# OF PROPOSALS: KC 14A - 10:00 AM - 4 PROPOSALS
MV 14A - 10:30 AM - 2 PROPOSALS
KC N-14 - 4 PROPOSALS
MV N-14 - 3 PROPOSALS
MEETING DATE/TIME: JUNE 27, 2007 @ 10AM THRU 11:30AM
MEETING LOCATION: 4500 MAIN ST,
KANSAS CITY, MO, 64111
DATE OF RECORD: APRIL 13, 2007
E-MAIL PROXY INFO: YES X
PROXY MAIL DATE:
DESCRIPTION OF ENVELOPE:
INBOUND # TO VOTE: 877-256-6083
TOUCH TONE VOTE #:
INTERNET VOTE WEB SITE: WWW.AMERICANCENTURY.COM
CLIENT CUSTOMER SERVICE # (REGISTERED): 877-345-8836
(BENEFICIAL): CALL BROKER
CLIENT WEB SITE:
STOCK MARKET SYMBOL(S)
CLIENT NUMBER(S):
FUND NAMES/CLASSES/NUMBERS: SEE MATRIX
QUESTIONS AND ANSWERS
If I vote now, will I be able to change my vote later?
Yes, you may change your vote at any time. Every vote counts. We strongly
encourage you to vote as soon as possible. By doing so, you can avoid
receiving follow-up reminders.
When was the last time the Board of Directors/Trustees was elected by
shareholders via a proxy?
The Mountain View Board of Directors/Trustees was elected in 2002.
The Kansas City Board of Directors was elected in 1997.
How long do board members serve?
The board members serve indefinitely until his or her successor is duly
elected and qualified or until he or she retires or resigns.
How many groups of boards does American Century Investments have?
We have two; one group that governs funds that are managed in Kansas City
and one group that governs funds managed in Mountain View.
What are the responsibilities of the Boards?
The Board members are investor advocates and look out for the investors'
best interest in many ways.
Both fund boards review analysis of fund performance, management of
brokerage commissions and trading costs, compliance with investment
restrictions, fund accounting services and more. They also:
- oversee the accuracy of disclosure information in each prospectus.
- decide whether to renew our contract as the investment manager of ACI
funds.
- evaluate independent analysis of our fund performance by Lipper and
our investor service quality by National Quality Review.
- approve issues such as fund combinations, fund liquidation, new
products and fees, loads and distribution contracts.
Why do we sometimes use the term directors and other times use the term
trustees?
The name for individuals who serve on a board and look out for the
shareholders' interests are "directors" in the case of a corporation and
"trustees" in the case of a trust. Some of our funds reside in corporations
while other funds reside in trusts.
What is a Subadvisor?
A Subadvisor is an investment company hired to make the day-to-day investment
decisions for the fund. They perform this function under the supervision of
American Century Investment Management, Inc. and the fund's Board of
Directors/Trustees.
American Century is responsible for managing the investment portfolio of
the fund and directing the purchase and sale of its investment securities.
AMERICAN CENTURY KC 10AM IMPORTANT POINTS AND PROPOSALS
MEETING DATE/TIME: June 27th, 2007 at 10:00 A.M. C.T.
MEETING LOCATION: 4500 Main Street, Kansas City, MO 64111
RECORD DATE: April 13th, 2007
MATERIALS MAILED ON OR ABOUT: ??
PROPOSALS
1. TO ELECT NINE DIRECTORS TO THE BOARD OF DIRECTORS.
o INDEPENDENT NOMINEES:
o Thomas A. Brown, age 67, Director since 1980.
o Andrea C. Hall, age 62, Director since 1997.
o James A. Olson, age 65, Advisory Board Member since 2006.
o Donald H. Pratt, age 70, Director since 1995.
o Gale E. Sayers, age 64, Director since 2000.
o M. Jeannine Strandjord, age 62, Director since 1994.
o Timothy S. Webster, age 46, Director since 2001.
o INTERESTED NOMINEES:
o James E. Stowers Jr., age 83, Director/Vice Chairman since 1958.
o Jonathan S. Thomas, age 44, Advisory Board Member since 2007. He
is also the President and Chief Executive Officer of American
Century Companies, Inc.
2. TO APPROVE A CHANGE IN THE ADVISOR CLASS FEE STRUCTURE.
o On November 29th, 2006 and March 7th, 2007 the Board approved, subject
to shareholder approval, an increase of 0.25% to the unified
management fee while at the same time they approved a decrease of
0.25% to the Rule 12b-1 fee.
o This proposal will result in NO CHANGE to the total expense ratios.
o Currently recordkeeping/administrative services fee is paid out of the
12b-1 fee. This change is designed to move payment of the
recordkeeping/administrative services fee to the unified management
fee.
o This modification will make the fee structure more consistent with the
other share classes of the American Century Funds and the industry.
o If shareholders do not approve the change in the Advisor Class fee
structure, then the recordkeeping/administrative services fee will
continue to be paid out of the Rule 12b-1 fee and the proposed
decrease in the Rule 12b-1 fee will not take effect.
3. TO APPROVE AN AMENDMENT TO THE INVESTMENT OBJECTIVE OF THE REAL ESTATE
FUND.
o The current objective states that "The Fund seeks long-term capital
appreciation. Income is a secondary objective".
o The proposed objective states that "The Fund seeks high total
investment return through a combination of capital appreciation and
current income".
o The goal of this proposal is to modify the objective so it does not
identify capital appreciation as "primary" and income as "secondary"
objectives.
o If approved, the objective of the Fund will be to seek both capital
appreciation and production of income while not emphasizing one over
the other.
o The new objective is more flexible and more in line with other real
estate funds.
o This proposal will not materially affect its investment strategy for
the day-to-day management of the Fund or materially change the risk
factors applicable to the Fund.
4. TO APPROVE A NEW SUB-ADVISORY AGREEMENT BETWEEN AMERICAN CENTURY INVESTMENT
MANAGEMENT, INC. AND NORTHERN TRUST INVESTMENTS, N.A. FOR THE EQUITY INDEX
FUND.
o The current Subadvisor, Barclay's Global, has changed their business
model and is not interested in continuing to provide subadvisory
services to the Fund.
o After careful consideration, the Board voted unanimously to approve
the New Sub-Advisory Agreement with Northern Trust and recommend that
shareholders of the Fund approve it.
o The terms of the New Sub-Advisory Agreement are generally similar to
those found in the Old Sub-Advisory Agreement.
o In approving Northern Trust, the Board considered the following:
o a strong track record of performance in both historical tracking
error and raw performance numbers compared to the S&P 500,
o the breadth of experience in index fund management,
o sizable subadvisory relationships with companies subject to the
1940 Act,
o a commitment to index business evidenced by a lack of forays into
the Exchange Traded Funds business,
o diligent investment process,
o extremely positive reference calls with other mutual fund
companies for whom Northern Trust currently serves as subadvisor,
and
o that Northern Trust did not present any concerns with respect to
complying with American Century's stringent requirements for
trading practices and soft dollar arrangements.
AMERICAN CENTURY MV 10:30AM IMPORTANT POINTS AND PROPOSALS
MEETING DATE/TIME: June 27th, 2007 at 10:30 A.M. C.T.
MEETING LOCATION: 4500 Main Street, Kansas City, MO 64111
RECORD DATE: April 13th, 2007
MATERIALS MAILED ON OR ABOUT: ??
PROPOSALS
1. TO ELECT EIGHT TRUSTEES/DIRECTORS TO THE BOARD OF TRUSTEES/DIRECTORS.
o INDEPENDENT NOMINEES:
o John Freidenrich, age 70, Trustee since 2005.
o Ronald J. Gilson, age 61, Trustee since 1995.
o Kathryn A. Hall, age 50, Trustee since 2001.
o Peter F. Pervere, age 60, Advisory Board Member since 2006.
o Myron S. Scholes, age 66, Trustee since 1980.
o John B. Shoven, age 60, Trustee since 2002.
o Jeanne D. Wohlers, age 62, Trustee since 1984.
o INTERESTED NOMINEE:
o Jonathan S. Thomas, age 44, President and CEO of American Century
Companies, Inc. and Advisory Board Member since 2007.
2. TO APPROVE A CHANGE IN THE ADVISOR CLASS FEE STRUCTURE.
o On December 8th, 2006 the Board approved, subject to shareholder
approval, an increase of 0.25% to the unified management fee while at
the same time they approved a decrease of 0.25% to the Rule 12b-1 fee.
o This proposal will result in NO CHANGE to the total expense ratios.
o Currently recordkeeping/administrative services fee is paid out of the
12b-1 fee. This change is designed to move payment of the
recordkeeping/administrative services fee to the unified management
fee.
o This modification will make the fee structure more consistent with the
other share classes of the American Century Funds and the industry.
o If shareholders do not approve the change in the Advisor Class fee
structure, then the recordkeeping/administrative services fee will
continue to be paid out of the Rule 12b-1 fee and the proposed
decrease in the Rule 12b-1 fee will not take effect.
AMERICAN CENTURY KC 11AM IMPORTANT POINTS AND PROPOSALS
MEETING DATE/TIME: June 27th, 2007 at 11:00 A.M. C.T.
MEETING LOCATION: 4500 Main Street, Kansas City, MO 64111
RECORD DATE: April 13th, 2007
MATERIALS MAILED ON OR ABOUT: ??
PROPOSALS
1. TO APPROVE THE PROPOSED RECLASSIFICATIONS OF A CLASS SHARES AS ADVISOR
CLASS SHARES.
o The Board considered this change would simplify and standardize the
Funds' share class structure.
o The Reclassifications are expected to take place on or about August
31st, 2007.
o There will be no change in the value of your investment as a result of
the Reclassifications and they will be tax-free.
o Fund operating expenses will remain the same.
o The investment objectives, policies, limitations and risks of your
investment would remain the same.
2. TO APPROVE THE PROPOSED RECLASSIFICATIONS OF C CLASS SHARES AS ADVISOR
CLASS SHARES.
o The Boards considered the consistently low investor demand for and low
balance of investments in the C Class shares of certain funds, and
concluded that the Reclassifications would be in the best interests of
the shareholders.
o The Board considered this change would simplify and standardize the
Funds' share class structure.
o The Reclassifications are expected to take place on or about November
30th, 2007.
o There will be no change in the value of your investment as a result of
the Reclassifications and they will be tax-free.
o Small Cap Value Fund's total expenses will go from 2.25% to 1.50%.
o Growth Fund's total expenses will go from 2.00% to 1.25%.
o Vista Fund's total expenses will go from 2.00% to 1.25%.
o The investment objectives, policies, limitations and risks of your
investment would remain the same.
3. TO APPROVE THE PROPOSED RECLASSIFICATIONS OF ADVISOR CLASS SHARES AS
INVESTOR CLASS SHARES.
o The Boards considered the consistently low investor demand for and low
balance of investments in the Advisor Class shares of certain funds,
and concluded that the Reclassifications would be in the best
interests of the shareholders.
o The Board considered this change would simplify and standardize the
Funds' share class structure.
o The Reclassifications are expected to take place on or about November
30th, 2007.
o There will be no change in the value of your investment as a result of
the Reclassifications and they will be tax-free.
o Balanced Fund's total expenses will go from 1.15% to 0.90%.
o Life Sciences Fund's total expenses will go from 1.61% to 1.36%.
o Technology Fund's total expenses will go from 1.76% to 1.51%.
o The investment objectives, policies, limitations and risks of your
investment would remain the same.
4. TO APPROVE THE PROPOSED RECLASSIFICATIONS OF C CLASS SHARES AS INVESTOR
CLASS SHARES.
o The Boards considered the consistently low investor demand for and low
balance of investments in the C Class shares of the Life Sciences
fund, and concluded that the Reclassification would be in the best
interests of the shareholders.
o The Board considered this change would simplify and standardize the
Fund's share class structure.
o The Reclassification is expected to take place on or about November
30th, 2007.
o There will be no change in the value of your investment as a result of
the Reclassification and they will be tax-free.
o Life Sciences Fund expenses will go from 2.36% to 1.36%.
o The investment objectives, policies, limitations and risks of your
investment would remain the same.
AMERICAN CENTURY MV 11:30AM IMPORTANT POINTS AND PROPOSALS
MEETING DATE/TIME: June 27th, 2007 at 11:30 A.M. C.T.
MEETING LOCATION: 4500 Main Street, Kansas City, MO 64111
RECORD DATE: April 13th, 2007
MATERIALS MAILED ON OR ABOUT: ??
PROPOSALS
1. TO APPROVE AN AGREEMENT AND PLAN OF REORGANIZATION OF THE AMERICAN CENTURY
ARIZONA MUNICIPAL BOND FUND IN EXCHANGE FOR INVESTOR CLASS SHARES OF THE
AMERICAN CENTURY TAX-FREE BOND FUND.
o Tax-Free Bond offers a higher level of diversification since it may
include securities from all 50 States and U.S. Territories. In
addition, Tax-Free Bond will provide current Arizona shareholders with
a similar tax advantage.
o The Board noted that the small size of the Arizona Municipal Bond Fund
limits its ability to achieve certain benefits of large asset size,
and that the small size has made it difficult for the Fund to remain
viable.
o The investment objective of the Arizona Municipal Bond Fund is to seek
safety of principal and high current income that is exempt from
federal and Arizona income taxes.
o The investment objective of the Tax-Free Bond Fund is to seek safety
of principal and high current income that is exempt from federal
income tax.
o The material difference is that while the Tax-Free Bond Fund only
seeks to be exempt from federal income taxes, the Arizona Municipal
Bond Fund also seeks to be exempt from Arizona income taxes. However,
because shareholders will still receive the benefits of investing in
federal tax-free securities, they would continue to receive the vast
majority of their current tax-free benefit.
o Investor Class' total expenses will remain the same at 0.49%.
o A Class' total expenses will go from 0.74% to 0.49%, B Class' total
expenses will go from 1.49% to 0.49%, and C Class' total expenses will
go from 1.49% to 0.49%.
o There will be no change in the value of your investment as a result of
the Reorganization and it is expected to be tax-free.
o The Reorganization is expected to take place on or about August 31st,
2007 and shortly thereafter you will receive a confirmation with a new
account number.
o ONLY READ IF ASKED WHAT HAPPENS IF WE DON'T PASS: If this proposal
does not get the necessary vote for the reorganization, American
Century is likely to ask the fund's Board of Directors for
authorization to liquidate the Arizona Municipal Bond.
2. TO APPROVE AN AGREEMENT AND PLAN OF REORGANIZATION OF THE AMERICAN CENTURY
FLORIDA MUNICIPAL BOND FUND IN EXCHANGE FOR INVESTOR CLASS SHARES OF THE
AMERICAN CENTURY TAX-FREE BOND FUND.
o The Board noted that the small size of the Florida Municipal Bond Fund
limits its ability to achieve certain benefits of large asset size,
and that the small size has made it difficult for the Fund to remain
viable.
o The Board considered Florida Municipal Bond no longer offers any tax
advantage over Tax-Free Bond because the State of Florida has recently
eliminated its intangibles tax. As such, there is no longer a reason
for Florida Municipal Bond to exist. It is redundant with Tax-Free
Bond, since both funds now offer only federal tax benefits.
o The investment objective of the Florida Municipal Bond Fund is to seek
safety of principal and high current income that is exempt from
federal income taxes and Florida intangible personal property tax.
o The investment objective of the Tax-Free Bond Fund is to seek safety
of principal and high current income that is exempt from federal
income tax.
o Tax-Free Bond benefits investors by offering a higher level of
diversification since it may include securities from all 50 States and
U.S. Territories.
o Investor Class' total expenses will remain the same at 0.49%.
o A Class' total expenses will go from 0.74% to 0.49%, B Class' total
expenses will go from 1.49% to 0.49%, and C Class' total expenses will
go from 1.49% to 0.49%.
o There will be no change in the value of your investment as a result of
the Reorganization and it is expected to be tax-free.
o The Reorganization is expected to take place on or about August 31st,
2007 and shortly thereafter you will receive a confirmation with a new
account number.
o ONLY READ IF ASKED WHAT HAPPENS IF WE DON'T PASS: If this proposal
does not get the necessary vote for the reorganization, American
Century is likely to ask the fund's Board of Directors for
authorization to liquidate the Florida Municipal Bond fund because, as
mentioned before, there is no reason for this fund to exist given
Florida's elimination of the intangibles tax.
3. TO APPROVE THE PROPOSED RECLASSIFICATIONS OF ADVISOR CLASS SHARES AS
INVESTOR CLASS SHARES.
o The Boards considered the consistently low investor demand for and low
balance of investments in the Advisor Class shares of certain funds,
and concluded that the Reclassifications would be in the best
interests of the shareholders.
o The Board considered this change would simplify and standardize the
Funds' share class structure.
o The Reclassifications are expected to take place on or about November
30th, 2007.
o There will be no change in the value of your investment as a result of
the Reclassifications and they will be tax-free.
o Tax-Free Bond Fund's total expenses will go from 0.74% to 0.49%.
o Utilities Fund's total expenses will go from 0.93% to 0.68%.
o The investment objectives, policies, limitations and risks of your
investment would remain the same.
Hi, my name is and this is a courtesy call from ADP. I am a proxy representative
on behalf of __________________ American Century Funds. Is __________________
available?
WHEN CORRECT SHAREHOLDER COMES ON THE LINE:
Hi Mr./Ms. __________________ , my name is __________________ and I am
calling from ADP because you are a shareholder of American Century Funds
and for your protection this call is being recorded. Recently you were
mailed proxy materials for the upcoming special meeting of Shareholders
scheduled for June 27th, 2007. Have you received this material?
IF THE SHAREHOLDER ANSWERS:
Hi Mr./Ms. __________________ , I am calling from ADP because you are a
shareholder of American Century Funds and for your protection this call is
being recorded. Recently you were mailed proxy material for the upcoming
special meeting of Shareholders scheduled for June 27th, 2007. Have you
received this material?
IF NOT RECEIVED:
VERIFY ADDRESS AND MAKE ANY CHANGES.
I can either email or resend the voting material to you. If you would like
we can schedule a call back for a later date. Also, you may call us back
after receiving the materials with any questions or to cast your vote over
the phone. The phone number is 1-877-256-6083.
IF YES (REGARDING EMAILING):
Excellent, may I have your email address please?
AFTER THE SHAREHOLDER TELLS YOU THEIR EMAIL ADDRESS, READ IT BACK TO THEM
PHONETICALLY AND VERIFY IF IT IS CASE SENSITIVE.
Thank you Mr./Ms. __________________. I will have that email out to you
within one business day and please be aware that the email is coming from
ADP Proxy Services. Our phone number will be in that email for you to call
back and vote your shares, as well as answer any questions you may have.
IF YES (REGARDING RE-MAILING):
The new package will be mailed out to you. Mr./Ms. __________________ would
you like me to schedule a call back after you have had a chance to review
the material? Thank you for your time and have a great day/evening.
IF NO (REGARDING EMAILING OR RE-MAILING):
You may automatically receive another mailing because of your unvoted
shares. Please be aware that as a shareholder, your vote is important. If
you receive another mailing you are welcome to vote by internet, touchtone
phone or by mail. The only thing you will need is the control number, which
is the shaded number on your proxy card.
IF RECEIVED:
HAVE YOU HAD A CHANCE TO REVIEW THE MATERIAL AND ARE THERE ANY QUESTIONS I
CAN ANSWER FOR YOU?
If you have no (further) questions, would you like to take this opportunity
to place your vote with me over the phone?
IF SHARES WERE SOLD AFTER RECORD DATE:
Since you were a shareholder on the date of record, which was April 13th,
2007, you are still entitled to cast your vote. If you would like, I can go
over the proxy material with you now and assist you in placing your vote.
IF YES (TO PLACING THEIR VOTE):
The process will only take a few moments.
1. I will introduce myself again and give the date and time.
2. I will then ask your permission to record your vote.
3. At that point, I will need you to verify your full name and mailing
address.
My name is __________________ from ADP on behalf of American Century Funds.
Today's date is __________________ and the time is __________________ E.T.
May I take your vote now?
May I please confirm you have received the material and are authorized to
vote on this/these account(s)?
For the record, would you please state your full name and full mailing
address?
THE BOARD OF DIRECTORS HAS UNANIMOUSLY APPROVED THE PROPOSALS AS SET FORTH
IN THE MATERIAL YOU RECEIVED AND RECOMMENDS A FAVORABLE VOTE FOR THESE
PROPOSALS. DO YOU WISH TO SUPPORT THE BOARD'S RECOMMENDATION FOR EACH OF
YOUR ACCOUNTS?
For Favorable Vote:
Mr./Ms. __________________ I have recorded your vote as follows, for all of
your American Century Funds accounts you are voting the Board's
recommendation in favor of the proposals as set forth in the proxy
materials you received, is that correct?
FOR NON-FAVORABLE VOTE:
Mr./Ms. __________________ I have recorded your vote as follows, for all of
your American Century Funds accounts you are voting against the proposals
as set forth in the proxy materials you received, is that correct?
FOR ABSTENTIONS:
Mr./Ms. __________________ I have recorded your vote as follows, for all of
your American Century Funds accounts you are abstaining on the proposals as
set forth in the proxy materials you received, is that correct?
RECORD ALL VOTES AS SHAREHOLDER REQUESTS AND CONFIRM BY READING BACK THEIR
CHOICES.
Within the next 72 hours we will mail you a written confirmation of your
vote. If we have not recorded your information correctly or if you wish to
change your vote, please call the toll free number on the confirmation to
let us know. Also, please be aware that your vote cannot be changed with us
by phone after 9:00pm ET, June 26th, 2007. Thank you very much for your
participation and have a great day/evening.
IF NOT INTERESTED (IN VOTING):
Please be aware that as a shareholder, your vote is important. You are
welcome to vote by internet, touchtone phone or by mail. The only thing you
will need is the control number, which is the shaded number on your proxy
card. Thank you again for your time today, and have a wonderful
day/evening.
IF YES (TO SCHEDULING A CALL BACK):
Thank you very much Sir/Madame, we will give you a call back at your
convenience on at o'clock your time. Should you have any further questions
prior to our call back, please feel free to call us at 1-877-256-6083.
Thank you for your time and have a great day/evening.
IF NO (REGARDING CALL-BACK):
We would like to ensure you, that as a shareholder, your vote is important.
You are welcome to vote by internet, touchtone phone or by mail. The only
thing you will need is the control number, which is the shaded number on
your proxy card. Or if you would like to vote by phone, you may do so by
calling us back at 1-877-256-6083. Thank you again for your time today, and
have a wonderful day/evening.
ANSWERING MACHINE MESSAGE:
Hello, this message is for __________________ my name is
____________________ and I am a proxy representative for ADP on behalf of
American Century Funds, with which you are a shareholder. You should have
received material in the mail recently concerning the Special meeting of
Shareholders scheduled for June 27th, 2007.
Your vote is very important. You can provide your vote quickly and easily
by touchtone phone, Internet or by mail. You may call also call us toll
free at 1-877-256-6083 to cast your vote directly over the phone or to
answer any questions you may have.
Your prompt response will help avoid the cost of additional calls and
ensure that enough shareholder participation will be present at the
meeting. THE BOARD OF DIRECTORS OF THE FUND UNANIMOUSLY RECOMMENDS THAT YOU
VOTE IN FAVOR OF THE PROPOSALS. Thank you and have a great day/evening.
# # # # # # # # #
YOUR VOTE ON UPCOMING PROXIES IS IMPORTANT
Soon, you'll receive one or more proxy statements requesting your votes on
proposals affecting your American Century fund(s). Because your votes count,
prompt voting will ensure you won't receive reminders from us. You can vote
online, by phone, fax or mail starting the day you receive the information.
If you have questions about the proxy or want to vote the proposals, contact the
proxy solicitor at 1-877-256-6083.
If you have questions about your American Century funds, contact us at
1-800-378-9878 and ask to speak with a member of our Operations team.
If you have additional questions, please call your financial advisor.
THE AMERICAN CENTURY FUNDS HAVE FILED PROXY STATEMENTS AND OTHER RELEVANT
DOCUMENTS WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION (SEC). INVESTORS ARE
URGED TO READ THESE DOCUMENTS BECAUSE THEY CONTAIN IMPORTANT INFORMATION,
INCLUDING INFORMATION ABOUT THE PARTICIPANTS IN THE SOLICITATION AND THEIR
INTERESTS. YOU CAN OBTAIN THESE DOCUMENTS FREE OF CHARGE AT THE SEC WEB SITE
(WWW.SEC.GOV). IN ADDITION, THE PROXY STATEMENTS FILED WITH THE SEC BY AMERICAN
CENTURY WILL BE AVAILABLE FREE OF CHARGE BY CALLING 1-877-256-6083 AFTER APRIL
16, 2007.
# # # # # # # # #
Subject: Coming soon - Proxy information for your American Century fund(s)
Body:
Dear American Century investor,
You'll soon receive one or more packages from us requesting your vote on one or
more proposals concerning your funds.* The packages will contain information
describing the proposals and instructions on how to cast your vote. You can even
vote online.
We encourage you to vote as soon as possible after receiving the information.
Because your vote counts, your prompt response can help you avoid receiving
reminder notices.
If you have questions, please visit americancentury.com to chat with an
Investment Consultant or call us at 1-800-345-2021.
*Only shareholders invested in American Century funds on April 13, 2007, will be
eligible to vote. If you were enrolled in eCommunication as of March 9, 2007,
you will receive the proxy statement(s) by email.
THE AMERICAN CENTURY FUNDS HAVE FILED PROXY STATEMENTS AND OTHER RELEVANT
DOCUMENTS WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION (SEC). INVESTORS ARE
URGED TO READ THESE DOCUMENTS BECAUSE THEY CONTAIN IMPORTANT INFORMATION,
INCLUDING INFORMATION ABOUT THE PARTICIPANTS IN THE SOLICITATION AND THEIR
INTERESTS. YOU CAN OBTAIN THESE DOCUMENTS FREE OF CHARGE AT THE SEC WEB SITE
(WWW.SEC.GOV). IN ADDITION, THE PROXY STATEMENTS FILED WITH THE SEC BY AMERICAN
CENTURY WILL BE AVAILABLE FREE OF CHARGE BY CALLING 1-877-256-6083 AFTER APRIL
16, 2007.
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YOUR PROXY VOTE COUNTS YOUR PROXY VOTE COUNTS
Look for proxy materials Please remember to vote
recently sent to you. your proxy if you have
Learn more. not already. Learn more.
- ---------------------------------------- ---------------------------------------
AMERICAN CENTURY INVESTORS - YOUR PROXY VOTE COUNTS!
Vote today to avoid receiving reminder notices in the weeks to come.
If you were invested in any American Century fund on April 13, 2007, you're ----------------------
eligible to vote on proposals impacting your fund. You'll soon receive proxy Ready to vote?
voting materials describing the proposals along with your vote card(s). We
encourage you to review the information and appreciate your prompt response. Vote ONLINE or
Call 1-888-221-0697.
Below you'll find information relating to the proxy process and an overview of
the proposals. ----------------------
WHAT ARE THE PROPOSALS ON WHICH I AM BEING ASKED TO VOTE?
o All investors will be electing nominees to American Century's Board of
Directors/Trustees. Learn MORE about this proposal.
o Investors in the following funds will have an additional proposal on
which to vote. Click the fund name to learn more about the proposal
for that fund.
o ARIZONA MUNICIPAL BOND
o EQUITY INDEX
o FLORIDA MUNICIPAL BOND
o REAL ESTATE
HOW CAN I VOTE?
You may vote online (WWW.PROXYWEB.COM), by phone at 1-888-221-0697 or you can
mail your vote card to Proxy Services, P.O. Box 9174, Farmingdale, NY
11735-9851.
PROPOSAL TO ELECT BOARD OF DIRECTORS/TRUSTEES
HOW OFTEN ARE MEMBERS TO THE BOARD ELECTED?
The Investment Company Act of 1940 requires that at least two-thirds of the
Board of Directors/Trustees must be elected by shareholders. The board members
serve until their retirement or resignation.
WHAT DO THE MEMBERS OF THE BOARD OF DIRECTORS/TRUSTEES DO?
The members are investor advocates and look out for the investors' best
interests in many ways. The fund boards review fund performance, management of
brokerage commissions and trading costs, compliance with investment
restrictions, fund accounting services and more.
PROPOSAL TO REORGANIZE ARIZONA MUNICIPAL BOND INTO TAX-FREE BOND
WHY IS AMERICAN CENTURY PROPOSING THIS REORGANIZATION?
Tax-Free Bond offers a higher level of diversification since it may include
securities from all 50 States and U.S. Territories. By contrast, Arizona
Municipal Bond investments are primarily concentrated in Arizona municipal
securities.
In addition, Tax-Free Bond will provide current Arizona shareholders with a
similar tax advantage. Even though Arizona Municipal Bond also provides state
tax-free income, which Tax-Free Bond does not, you will still receive the
benefits of investing in federal tax-free securities and receive the vast
majority of their current tax-free benefit.
If approved, the reorganization is expected to occur on August 31, 2007.
- -------------------------------------------------- -------------------------------------------
The reorganization would NOT: The reorganization would:
- change the fees Investor Class - result in a new number for your
shareholders pay; both funds have the accounts. If the proposal passes
same total expense ratio of 0.49% you'll receive a confirmation with
a new account number shortly after
- be a taxable transaction. Your tax basis August 31, 2007.
and holding period for your shares
would be unchanged.
- change the services established on your
account.
- -------------------------------------------------- -------------------------------------------
PROPOSAL TO REPLACE THE SUBADVISOR FOR EQUITY INDEX
WHAT IS THE CHANGE AMERICAN CENTURY IS PROPOSING FOR EQUITY INDEX?
The Board of Directors of Equity Index is proposing to change the subadvisor
from Barclay's Global Fund Advisors to Northern Trust Investments.
WHY IS AMERICAN CENTURY SEEKING TO REPLACE THE SUBADVISOR FOR EQUITY INDEX?
Barclays recently informed us that, in light of Barclays' current business
model, Barclays is not interested in continuing to provide subadvisory services
for the fund. Northern Trust Investments was selected as the result of a
thorough evaluation process.
PROPOSAL TO REORGANIZE FLORIDA MUNICIPAL BOND INTO TAX-FREE BOND
WHY IS AMERICAN CENTURY PROPOSING THIS REORGANIZATION?
Florida Municipal Bond no longer offers any tax advantage over Tax-Free Bond
because the State of Florida has recently eliminated its intangibles tax. As
such, there is no longer a reason for Florida Municipal Bond to exist - it is
redundant with Tax-Free Bond, since both funds now offer only federal tax
benefits.
Additionally, Tax-Free Bond benefits investors by offering a higher level of
diversification since it may include securities from all 50 States and US
Territories.
If approved, the reorganization is expected to occur on August 31, 2007.
- -------------------------------------------------- -------------------------------------------
The reorganization would NOT: The reorganization would:
- change the fees Investor Class - result in a new number for your
shareholders pay; both funds have the accounts. If the proposal passes
same total expense ratio of 0.49% you'll receive a confirmation with
a new account number shortly after
- be a taxable transaction. Your tax basis August 31, 2007.
and holding period for your shares
would be unchanged.
- change the services established on your
account.
- -------------------------------------------------- -------------------------------------------
PROPOSAL TO CHANGE THE INVESTMENT OBJECTIVE OF REAL ESTATE
WHAT IS THE CHANGE AMERICAN CENTURY IS PROPOSING FOR REAL ESTATE?
American Century is proposing a change to the investment objective that would
place greater emphasis on total return, rather than focusing primarily on
capital appreciation, as follows:
CURRENT OBJECTIVE:
The fund seeks long-term capital appreciation. Income is a secondary objective.
PROPOSED OBJECTIVE:
The fund seeks high total investment return through a combination of capital
appreciation and current income.
WHY IS AMERICAN CENTURY SEEKING THIS CHANGE FOR REAL ESTATE?
The real estate investment trusts (REITs) in which the fund primarily invests
are generally viewed as income producing securities. Because of the real estate
boom over the past few years, the real estate market has experienced high levels
of capital growth, helping the fund meet its primary objective of capital
appreciation. If this trend does not continue, the Fund could be disadvantaged
because it currently pursues capital appreciation as a primary objective. The
new objective is more flexible and more in line with other real estate funds.
FIND MORE PROXY INFORMATION
You can find in-depth descriptions of the proposals impacting your fund by
reviewing the proxy materials mailed to you.* If you have further questions
about the proxy, please call 1-877-256-6083 to speak with a proxy
representative. For questions about your account, you may CONTACT US online or
by phone.
*Eligible investors enrolled in eCommunication as of March 9, 2007, will receive
their proxy by email.
THE AMERICAN CENTURY FUNDS HAVE FILED PROXY STATEMENTS AND OTHER RELEVANT
DOCUMENTS WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION (SEC). INVESTORS ARE
URGED TO READ THESE DOCUMENTS BECAUSE THEY CONTAIN IMPORTANT INFORMATION,
INCLUDING INFORMATION ABOUT THE PARTICIPANTS IN THE SOLICITATION AND THEIR
INTERESTS. YOU CAN OBTAIN THESE DOCUMENTS FREE OF CHARGE AT THE SEC WEB SITE
(WWW.SEC.GOV). IN ADDITION, THE PROXY STATEMENTS FILED WITH THE SEC BY AMERICAN
CENTURY WILL BE AVAILABLE FREE OF CHARGE BY CALLING 1-877-256-6083 AFTER APRIL
16, 2007.
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Dear Investor,
The Board of Directors/Trustees of your American Century Investment fund is
holding a Special Meeting on June 27, 2007.
Please review the proxy materials, which outline the proposals impacting your
funds.
To vote your proxy online, please use the link and control numbers below.
CONTROL NUMBERS:
FUND: Growth
CONTROL NUMBER: 01234567890123
FUND: International Opportunities
CONTROL NUMBER: 01234567890123
FUND: Select
CONTROL NUMBER: 01234567890123
To vote all your accounts as the board recommends, please click on the 'Vote
with management' button below.
[VOTE WITH MANAGEMENT]
To vote each proposal or account individually, please click on the 'Vote each
proposal or account individually' button below.
[VOTE EACH PROPOSAL OR ACCOUNT INDIVIDUALLY]
VOTING SITE:
http://www.proxyweb.com
================================================================================
This email includes information about Services and Products offered by American
Century Investments.If you prefer not to receive this type of information in the
future, you may UNSUBSCRIBE at any time.
PRIVACY AND SECURITY POLICY
AMERICAN CENTURY INVESTMENT SERVICES, INC., DISTRIBUTOR
4500 Main St.
Kansas City, MO 64111
The American Century Investments logo, American Century and American Century
Investments are service marks of American Century Proprietary Holdings, Inc.
©2007 American Century Proprietary Holdings, Inc. All Rights Reserved.
THE AMERICAN CENTURY FUNDS HAVE FILED PROXY STATEMENTS AND OTHER RELEVANT
DOCUMENTS WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION (SEC). INVESTORS ARE
URGED TO READ THESE DOCUMENTS BECAUSE THEY CONTAIN IMPORTANT INFORMATION,
INCLUDING INFORMATION ABOUT THE PARTICIPANTS IN THE SOLICITATION AND THEIR
INTERESTS. YOU CAN OBTAIN THESE DOCUMENTS FREE OF CHARGE AT THE SEC WEB SITE
(WWW.SEC.GOV). IN ADDITION, THE PROXY STATEMENTS FILED WITH THE SEC BY AMERICAN
CENTURY WILL BE AVAILABLE FREE OF CHARGE BY CALLING 1-877-256-6083 AFTER APRIL
16, 2007.
# # # # # # # # #
Your vote is critical for upcoming proxies
You will soon receive one or more important proxy packages about upcoming
American Century Investments shareholder meetings that affect the fund(s) you
own. The packages include details on proposals that require a shareholder vote.
You will be provided several voting options that will make it easy for you to
cast your vote.
Please vote as soon as possible after you receive your packages. Your prompt
response helps ensure that the shareholder meeting will be held as scheduled and
avoid reminder mailings.
THE AMERICAN CENTURY FUNDS HAVE FILED PROXY STATEMENTS AND OTHER RELEVANT
DOCUMENTS WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION (SEC). INVESTORS ARE
URGED TO READ THESE DOCUMENTS BECAUSE THEY CONTAIN IMPORTANT INFORMATION,
INCLUDING INFORMATION ABOUT THE PARTICIPANTS IN THE SOLICITATION AND THEIR
INTERESTS. YOU CAN OBTAIN THESE DOCUMENTS FREE OF CHARGE AT THE SEC WEB SITE
(WWW.SEC.GOV). IN ADDITION, THE PROXY STATEMENTS FILED WITH THE SEC BY AMERICAN
CENTURY WILL BE AVAILABLE FREE OF CHARGE BY CALLING 1-877-256-6083 AFTER APRIL
16, 2007.
# # # # # # # # #
Your vote counts!
Vote today to avoid reminder notices in the weeks to come.
We have made voting easy. After reviewing the enclosed proxy information, vote
using one of the following methods.
[GRAPHIC OF MOUSE] [GRAPHIC OF TELEPHONE] [GRAPHIC OF ENVELOPE]
INTERNET TELEPHONE MAIL
- ----------------------------- ------------------------------ ---------------------------
1. Go to: www.proxyweb.com 1. Call toll-free 1-888- 1. Complete and sign the
221-0697 proxy card.
2. Enter the number that 2. Enter the number that 2. Return the card in the
appears in the gray box appears in the gray box postage-paid
on the left-hand side on the left-hand side return envelope.
of your proxy card. of your proxy card.
3. Follow the instructions 3. Follow the recorded
on the site. instructions.
Please do not mail the proxy card if you vote by internet or telephone.
Thank you for your participation and your continued support of American Century
Investments.
American Century Investment Services, Inc. Distributor
©2007 American Century Proprietary Holdings, Inc. All rights reserved. The
American Century Investments logo, American Century and American Century
Investments are service marks of American Century Proprietary Holdings, Inc.
SH-CRD-53825 0703
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American Century Ultra Fund - I Class (TWUIX)
Filed: 12 Apr 07, 12:00am