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AMERICAN CENTURY INVESTMENTS ANNOUNCES CHANGE TO ETF LINEUP

1. American Century plans to close and liquidate LVOL ETF. 2. LVOL will cease trading on April 22, 2025. 3. Liquidation distribution to shareholders is set for April 29, 2025. 4. Fund may deviate from investment objectives before final distribution. 5. American Century manages $59.7 billion in ETF assets.

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FAQ

Why Very Bearish?

The decision to liquidate LVOL removes its market presence, likely leading to sharp price drops, similar to past ETF liquidations where investor panic triggered further sell-offs.

How important is it?

The announcement directly affects LVOL's existence and shareholder investment, making it highly significant.

Why Short Term?

The imminent closing date (April 22, 2025) creates immediate pressures for shareholders to sell before final liquidation, impacting prices rapidly.

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SPYIVOLVTI
, /PRNewswire/ -- American Century Investments® today announces plans to close and liquidate American Century Low Volatility ETF (LVOL). LVOL will cease trading on the NYSE Arca, Inc. at the close of the market on April 22, 2025. After this date, shareholders will be unable to dispose of their shares on the NYSE Arca, Inc. On or about April 29, 2025, the fund will liquidate and distribute its remaining assets to shareholders who have not yet redeemed or sold their shares. Prior to liquidation, the fund may deviate from its stated investment objective and strategies in preparation for the final distribution to shareholders. American Century's ETF assets under management total $59.7 billion as of Feb. 12, 2025. About American Century Investments American Century Investments is a leading global asset manager focused on delivering investment results and building long-term client relationships while supporting breakthrough medical research. Founded in 1958, American Century Investments' 1,400 employees serve financial professionals, institutions, corporations and individual investors from offices in Kansas City, Missouri; New York; Los Angeles; Santa Clara, California; Portland, Oregon; London; Frankfurt, Germany; Hong Kong; and Sydney. Jonathan S. Thomas is president and chief executive officer, and Victor Zhang serves as chief investment officer. Delivering investment results to clients enables American Century Investments to distribute over 40% of its dividends to the Stowers Institute for Medical Research, a 500-person, nonprofit basic biomedical research organization. The Institute owns more than 40% of American Century Investments and has received dividend payments of more than $2 billion since 2000. For more information about American Century Investments, visit www.americancentury.com.  Exchange Traded Funds (ETFs): Foreside Fund Services, LLC – Distributor, not affiliated with American Century Investment Services, Inc. ©2025 American Century Proprietary Holdings, Inc. All rights reserved  Contact: Laura Kouri[email protected]    SOURCE American Century Investments WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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