American Century Investments, the Program Manager for the state's Learning Quest 529 Education Savings Program, has been recognized as the 2009 Best Large Mutual Fund Company at the Lipper Fund Awards, which were presented in New York last week.
"In these rough markets, it's wonderful to have an industry leader right here in the Midwest to manage the Learning Quest Program," said State Treasurer Dennis McKinney. "I congratulate American Century Investments for their achievement of this high honor."
American Century Investments was among thirty-four fund groups considered in the large mutual fund company category. This award is based on risk-adjusted, consistent returns compared to peers for the three-year period ending December 31, 2008.
"It is important for Kansans investing in their children's future to know that they have a strong partner on their side. Whether you're investing for your student's plans to attend college, community college or technical school, Learning Quest is a tax advantaged way to reach those goals."
To learn more about opening a Learning Quest account please visit www.learningquest.com or call 1-800-579-2203.
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Notice: Accounts established under Learning Quest and their earnings are neither insured nor guaranteed by the state of Kansas, the Kansas State Treasurer or American Century Investments.
The Lipper Best Large Mutual Fund Company Award annually recognizes the top fund family having at least five equity, five bond, and three mixed-asset funds. Thirty-four fund groups were considered. This information should not be considered investment advice. Lipper ratings are not intended to predict future results and Lipper does not guarantee the accuracy of this information. Due to market conditions, current returns may be negative. Mutual fund investing involves market risk. Investment return and fund share value will fluctuate and it is possible to lose money by investing.
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