AC Alternatives Disciplined Long Short Fund C Class (ACDHX) is a mutual fund managed by American Century Investments that seeks long-term capital growth and preservation through a long-short equity strategy focused on lower volatility equities. The fund primarily invests in a diversified portfolio of exchange-traded funds (ETFs), long positions in equities, and short positions to hedge market exposure, with allocations mainly in developed markets including the United States and potentially a portion in emerging markets; it employs leverage via short selling to enhance returns while targeting capital appreciation. Available share classes include C Class (ACDHX), alongside Investor (ACDJX), Institutional (ACDKX), and A Class (ACDQX), catering to retail and institutional investors seeking alternative equity exposure.
The fund, part of American Century Investments' AC Alternatives lineup, was launched around 2014 under the 1940 Act, with American Century Investment Management Inc. serving as the advisor; as of recent data, net assets stand at approximately $50.59 million, reflecting its niche positioning in the long-short equity category. Headquartered in Kansas City, Missouri, American Century Investments operates globally, providing active investment solutions across equities, fixed income, and alternatives to individual, institutional, and advisor clients worldwide.
In recent developments, the fund was added to American Century's lineup as a new offering under the AC Alternatives brand, expanding access for investors pursuing disciplined long-short strategies with reduced volatility; no major acquisitions, partnerships, or portfolio manager changes specific to ACDHX have been reported in the last 1-2 years, though the firm continues to evolve its alternatives platform amid broader market volatility navigation efforts.