CIO Insights: Second Quarter 2017

As a financial professional, you want to do more than just stay up-to-date on market news and investment trends. CIO Insights lets you tap into the expertise of our chief investment officers and understand their unique investing viewpoints. Our CIOs share their market insights and outlooks for the coming quarter. Each quarter CIO Insights provides observations and strategies regarding specific disciplines and current market conditions.  

Introduction

G. David MacEwen

G. David MacEwen

Co-Chief Investment Officer

Victor Zhang

Victor Zhang

Co-Chief Investment Officer

 


Risk-Market Rallies Meet Policy Implementation Realities

Fixed Income

G. David MacEwen

G. David MacEwen

Co-Chief Investment Officer
 

 

Reflections on Reflation—Why This Time Feels Different for TIPS1

Global & Non-U.S. Equity

Keith Creveling, CFA

Keith Creveling, CFA

Chief Investment Officer, Global and Non-U.S. Equity


Riding the Trump Rally, but Prepping for the Trump Reality

Multi-Asset Strategies

Scott Wittman, CFA, CAIA

Scott Wittman, CFA, CAIA

Chief Investment Officer, Multi-Asset Strategies & Disciplined Equity


Beware Irrational Complacency

Disciplined Equity

Scott Wittman, CFA, CAIA

Scott Wittman, CFA, CAIA

Chief Investment Officer, Multi-Asset Strategies & Disciplined Equity

Investment Rationale Trumps Politics

U.S. Value Equity

Phillip N. Davidson, CFA

Phillip N. Davidson, CFA

Chief Investment Officer, U.S. Value Equity

Financials Sector Hoping for Another Trump Bump

U.S. Growth Equity:
Large Cap

Greg Woodhams, CFA

Greg Woodhams, CFA

Chief Investment Officer, U.S. Growth Equity - Large Cap


Secular Trends Over Policy Uncertainty

The opinions expressed are those of American Century Investments (or the fund manager) and are no guarantee of the future performance of any American Century Investments' fund. This information is for educational purposes only and is not intended as investment advice.

1Treasury inflation-protected securities (TIPS)
TIPS are a special type of U.S. Treasury security designed to address a fundamental, long-standing fixed-income market issue: that the fixed interest payments and principal values at maturity of most fixed-income securities don’t adjust for inflation. TIPS interest payments and principal values do. The adjustments include upward or downward changes to both principal and coupon interest based on inflation. TIPS are inflation-indexed; that is, tied to the U.S. government’s Consumer Price Index (CPI). At maturity, TIPS are guaranteed by the U.S. government to return at least their initial $1,000 principal value, or that principal value adjusted for inflation, whichever amount is greater. In addition, as their principal values are adjusted for inflation, their interest payments also adjust.

Statements regarding specific holdings represent personal views and compensation has not been received in connection with such views.
Investment return and principal value of security investments will fluctuate. The value at the time of redemption may be more or less than the original cost. Past performance is no guarantee of future results.
International investing involves special risks, such as political instability and currency fluctuations. Investing in emerging markets may accentuate these risks.
Historically, small- and/or mid-cap stocks have been more volatile than the stock of larger, more-established companies. Smaller companies may have limited resources, product lines and markets, and their securities may trade less frequently and in more limited volumes than the securities of larger companies.

Diversification does not assure a profit nor does it protect against loss of principal.

Generally, as interest rates rise, the value of the securities held in the fund will decline. The opposite is true when interest rates decline.
Past performance is no guarantee of future results. Investment returns will fluctuate and it is possible to lose money.

For detailed descriptions of indices or investing terms referenced above, refer to our glossary.