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March 21, 2018 - Kansas City, Mo.
American Century Investments® today announced three new hires for its exchange traded funds (ETF) initiative. Margaret Dorn has been named ETF external specialist and Matthew Abatecola and Ross Kamovitch as ETF internal specialists.
Dorn, Abatecola and Kamovitch bring proven ETF expertise to the firm. Abatecola and Kamovitch worked at WisdomTree Asset Management for several years. Recently, Abatecola and Kamovitch served as regional sales associates. Abatecola was responsible for the Midwest region and Kamovitch's territory was the New York metro area. Before working at WisdomTree, Abatecola worked at Wills Financial Group as an investment counselor and Kamovitch worked at Morgan Stanley as a financial advisor.
Most recently, Dorn was a business development officer for Milliman Financial Risk Management where she was responsible for marketing subadvised products and programs to annuity wholesalers and financial advisors in the Western and Central U.S. Prior to that, she worked at Northern Trust Global Investments as an associate business development executive.
"We want to continue to bring seasoned professionals to the firm as we establish our ETF business," said Edward Rosenberg, senior vice president and head of ETFs for American Century Investments. "We are excited to have Maggie, Matthew and Ross join the team."
Dorn and Kamovitch graduated from Miami University. Dorn has a bachelor's degree in business administration and Kamovitch has a bachelor's degree in political science. Abatecola graduated from the University of Richmond with a bachelor's degree in business administration.
Over the last nine months, American Century Investments has hired six new employees to establish the firm as an ETF provider. In January, the firm launched the first two (ETFs): American Century® STOXX® U.S. Quality Value ETF (VALQ) and American Century® Diversified Corporate Bond ETF (KORP).
American Century Investments is a leading global asset manager focused on delivering investment results and building long-term client relationships while supporting research that can improve human health and save lives. Founded in 1958, American Century Investments' 1,300 employees serve investment professionals, institutions, corporations and individual investors from offices in New York; London; Hong Kong; Mountain View, Calif.; and Kansas City, Mo. Jonathan Thomas is president and chief executive officer, and Victor Zhang and David MacEwen serve as co-chief investment officers.
Delivering investment results to clients enables American Century Investments to distribute over 40 percent of its dividends to the Stowers Institute for Medical Research, a 500-person, non-profit basic biomedical research organization. The Institute owns more than 40 percent of American Century Investments and has received dividend payments of $1.4 billion since 2000. For more information about American Century Investments, visit www.americancenturyetfs.com.
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Exchange Traded Funds (ETFs) are bought and sold through exchange trading at market price, not Net Asset Value (NAV), and are not individually redeemed from the fund. Shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns.
You should consider a fund's investment objectives, risks, and charges and expenses carefully before you invest. The fund's prospectus or summary prospectus, which can be obtained at AmericanCenturyETFs.com, contains this and other information about the fund, and should be read carefully before investing.
Exchange Traded Funds (ETFs): Foreside Fund Services, LLC - Distributor, not affiliated with American Century Investments Services, Inc.
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