Filed by: American Century Mutual Funds, Inc.
Pursuant to Rule 425 under the
Securities Act of 1933, as amended
Subject Company: Kopp Funds, Inc.
Investment Company Act File No. 811-08267
January 5, 2007
DEAR KOPP EMERGING GROWTH FUND SHAREHOLDERS:
We are writing to update you on information concerning the merger proposals
seeking your approval for the reorganization of the Kopp Emerging Growth Fund.
We are pleased to announce that we have the required number of votes necessary
to conduct the shareholder meeting regarding the reorganization.
In addition, American Century has named Stafford Southwick to lead the New
Opportunities II management team. Mr. Southwick has been a member of the team
since the time of the fund's inception in June 2001. He and Matthew Ferretti
will continue to serve as portfolio managers for the fund along with the current
team of dedicated analysts. Harold Bradley, a former portfolio manager for the
fund, will leave American Century at the end of January to join the Kauffman
Foundation.
If you have already cast your vote, we extend our thanks. If you have not yet
voted your shares, please cast your vote pursuant to the instructions on the
proxy card received with your proxy materials. You may vote by mail, telephone
or the internet. If you have misplaced your proxy card, please call
1-877-256-6083 to obtain a new one. If you have previously voted and wish to
change your vote, you may do so by calling 1-877-256-6083. If you are satisfied
with your vote, no action is necessary. Please feel free to contact your
financial representative or the Kopp Funds at 1-888-533-KOPP with any questions
you may have
On behalf of Kopp Investment Advisors, we continue to support the reorganization
and thank you for allowing us to serve you.
Sincerely,
/s/signature L C Kopp
Lee Kopp
PRESIDENT
Kopp Investment Advisors
IMPORTANT DISCLOSURE INFORMATION
American Century Mutual Funds, Inc. has filed a proxy statement/prospectus and
other relevant documents regarding the reorganization of your Kopp Fund with the
U.S. Securities and Exchange Commission (the "SEC"). Investors are urged to read
these documents because they contain important information about the
reorganization and related matters. You may obtain these documents free of
charge at the SEC website (www.sec.gov). In addition, the proxy
statement/prospectus filed with the SEC by American Century is available free of
charge by calling 1-877-256-6083.