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Vice President, Portfolio Manager
1990
Industry Start
2001
Firm Start
Federico Laffan is a vice president and portfolio manager for American Century Investments®.
Mr. Laffan joined American Century Investments in 2001 as an investment analyst and was promoted to portfolio manager in 2004. In 2008, Mr. Laffan left the firm and served in portfolio management roles at Axiom International Investors and Ranger International. He returned to American Century Investments in 2011. Before joining American Century Investments in 2001, Mr. Laffan was director of international equities, portfolio manager and analyst with Credit Suisse / Warburg Pincus Asset Management. He also served as an analyst and senior portfolio manager and director for Foreign & Colonial Emerging Markets in London. Mr. Laffan has worked in the investment industry since 1990.
Mr. Laffan earned a bachelor's degree in international studies from the University of Texas and a master's degree in finance from the London Business School.
The following disclosure applies to the California Tax-Free Money Market Fund, Prime Money Market Fund and Tax-Free Money Market Fund.
Money Market Fund: You could lose money by investing in the fund. Although the fund seeks to preserve the value of your investment at $1 per share, it cannot guarantee it will do so. The fund may impose a fee upon sale of your shares or may temporarily suspend your ability to sell shares if the fund's liquidity falls below required minimums because of market conditions or other factors. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund's sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.
The following disclosure applies to the Capital Preservation Fund and the U.S. Government Money Market Fund.
Money Market Fund: You could lose money by investing in the fund. Although the fund seeks to preserve the value of your investment at $1 per share, it cannot guarantee it will do so. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund's sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.
Alternative mutual funds that hold a variety of non-traditional investments also often employ more complex trading strategies than traditional mutual funds. Each of these different alternative asset classes and investment strategies have unique risks making them more suitable for investors with an above average tolerance for risk.