American Century

I feel that this fund is a sham. Investments have to remain in the fund for 10 years. I opened three funds in 1995 and regularly invested in each one. The funds continue to lose money at an unacceptable rate. A successful company as American Century cannot have such a poor-performing fund. They are ripping off innocent children, and that is wrong.

The kids would have more money today, if they just would have saved it in a piggy bank! How sad is that?! Shame on American Century! There is a minimal expectation that a fund will yield some profit after 17 years. The fact that one cannot remove their money is fraud, and it creates an economic hardship.

04/28/2010 Sent three (3) account transfer requests to E*Trade to have three (3) of my American Century accounts transferred to E*Trade.

05/15/2010 Two (2) of the transfer requests from American Century were posted to my E*Trade accounts.

05/17/2010 to 05/22/2010 Continued to monitor my E*trade account for the Growth transfer to be posted, but have not seen it yet.

05/27/2010 Contacted American Century and spoke with Roland. Asked him about the Growth transfer request from 04/28/2010 and told him about my subsequent conversation with Tony on the 14th of May. He did some research and said he needed to put me on hold while he talked to his supervisor. When he came back on the line he told me that American Century never received a request to transfer the Growth account and I would have to talk to E*Trade about submitting a request. He could not tell me why I received the information I did from Dominquez and Tony about problems/no problems. I contacted E*Trade and spoke with Gail who said that E*Trade had submitted another request on the 25th of May to have my Growth account transferred. So why do they still say they have not received any requests when they have received it multiple times?

Based on the trades I would have done on the 17th of May, if the Growth account had been transferred with the other two (2) accounts and the prices as of 05/26/2010 of the currency ETF(s) I was going to buy after selling the Growth, American Century and their ineptitude has cost me $1,097.15 so far in additional appreciation to my account. $1,097.15 is a lot of money to me and based on their responses to my inquiries I believe their actions or lack of warrant them owing me that amount of additional money or more depending on when they actually transfer the account.

My 3 children were given $250 American gift trusts in 1995. 2 of my children added $1000 in 1996 that they earned hauling hay. At no time did these funds make money. In 2005 when they were allowed to withdraw these funds, they had $200 less then they started with. I believe these trusts are completely fraudulent. Most of these gift trusts are given to children, this company steals money out of the mouth of babes. This was a considerable investment for teenagers. The money would have benefitted their college fund. It was a hardship

WIll not allow us to get out of Giftrust fund--peformance has been abysmal. Said Grantor must sign documents to get out. Grantor died but her husband has power of attorney to execute any documents requiring decedent grantor's signature. Amer. Cent. said that is not enough and I need a court MO order.

I invested two gifttrust accounts for my daughters' education and the money I had invested is decreasing. What's going on?

I'm very worried because they look forward to recieving a college education but I'm not sure how I'll pay for all of it.

I opened my IRA with American Century years ago with a nominal initial investment. My IRAs are now over $5,000.

In trying to teach my son about investing, I suggested he open an IRA with American Century.

How is a 16-year-old supposed to get the motivation to save with requirements of minimums of $2,500?

I will now direct him to where my other investments lie: Wells Fargo. Glad I directed a single mother of two friend to Wells Fargo when she wanted to move her $1,000 account with monthly incremental investments.

I just may move my Am Century to Wells Fargo.

Thanks for opening my eyes to your high-brow attitude, American Century.

of Toms River, NJ dated 1,04. My husband and I, in all good faith, started trust funds through 20th Century Gift Trust- now American Century Gift Trust -for 6 of our grandchildren. We emphasized to these children the importance of saving. Needless to say, this fund was a disaster and we could not take the money out - we were stuck and we had bitterly disappointed children. These funds were to help with college, although with tuition the way it is today, now they might be able to buy a book or two with what is left.

One child, Jarratt, had $6612 in Aug. 2000. He now has a little over $2000.

This is pathetic. Is there NO management of the funds whatsoever ?

The chidren could have done better. At least they could have taken their money out and put it in a piggy bank and been better off.
Now AC will let you withdraw the funds. We are filling out the papers

now. They, AC, said they sent out notices informing us that we could take out the money, BUT, none of the 6 received such notices. I just happened to call to check on the statua of the funds.

There should be compensation for the children and penalty for AC. It wasn't as if we just chose a bad stock, we chose an entire BAD fund.

SHAME.

My grandchildren will still attend the universities because we were lucky and raised very capable children, who wil never let American Century touch there money. The result to the grandchildren is lack of faith in their grandparents and in the venture of Saving.

My daughter will be in the hospital for an unknown period of time. After that, there wil be a recovery period of at least a month. The bils are starting to mount and she will lose her automobile because she can't cover the car payments. By simply letting her out 2 years early American Century can prevent all this from happening.

Opened gift fund for granddaughter for the amount of $1000 on Oct. 17th 1994, up to the last statement of Dec. 31st 2003(8 years + 2 months) the fund is at a mere $1,172.88. This was a fund that could not be touched for 10 years. There was a time (Mar.9,2000) when its value was as high as $3727.88 and they did nothing to protect its principal.

I received a form letter dated Jan 2004 that they recognize the fund's under-
performance and that they will now waive
the managements fee for a six month period. Not only that they did a poor job, but $807.47 in distributions plus

$136.00 of other withdrawals have vanished. Altogether thats about 1% yr

I even had another Gift trust for my other granddaughter on the amount of $2000 closer to 10 years.. I just gave it to my son, that trust went as high as $8146 they let it go down to approx.
$2400 and that probably lost all the

distributiona and other withdrawals.