Content and data provided by various third parties and Fidelity − Terms of Use | Help/Glossary
Research > ETFs > ETF / ETP Commentary > 

American Century to Rename Mid Cap Growth ETF, Drop Fee

BY | ETF Database
10:43 am ET 09/23/26 | 3 VIEWS
American Century Investments announced a change for one of its ETFs Tuesday, renaming a midcap growth ETF. Per a press release, the asset manager has renamed the American Century Mid Cap Growth Impact ETF (MID C) to the American Century Mid Cap Growth Insights ETF (ACMG). As part of the move, the firm has dropped ACMG’s associated fee to 39 basis points (bps) from 45. The firm relisted ACMG on the Cboe BZX Exchange, a move that goes effective October 12th.Key Takeaways: American Century Investments is renaming MID, its midcap growth ETF, to ACMG. The strategy actively invests in the mid cap space, leveraging its managers expertise to identify opportunities. It joins a few other changes to American Century’s ETF suite, with lowered fees and new tickers in recent weeks. The move comes amid additional changes to the firm’s ETF suite. The shop recently lowered fees on a number of its international ETFs, while also renaming other strategies in its fixed income suite. American Century Investments also renamed two additional funds. The firm renamed American Century Investments Ultrashort Income ETF (FUSI C+) and the Core Plus Income ETF (ABND) in September. “Adding ACMG to our lineup of Insights ETFs adds another important tool within a capability we’ve designed intentionally with feedback from our clients to provide investors cost-effective, tax-efficient, transparent opportunities for their equity allocations,” said Victor Zhang, chief investment officer at American Century Investments. See more: Leading Quality ETF QGRO Rebalances: See the Changes The strategy, launched in 2020, largely targets companies around the size of those in the Russell Midcap Growth Index. With its active remit, however, the fund does retain the flexibility to invest in some smaller and larger firms. Under that active management, the midcap growth ETF has produced a solid track record. The soon-to-be-renamed MID has beaten its ETF Database Mid Cap Growth Equities category average over the last three years, returning 16.9% in that time. Its 4.3% return over the last three months, per ETF Database, has also beaten that average return.How Active Midcap Growth ETF ACMG Can PlayLooking ahead, the midcap growth space could provoke intrigue, as well. By balancing smaller firms’ growth opportunities and the durability of larger companies, the midcap growth ETF space could carve a potent niche. As markets broaden, active investing can unlock upside, with the fund’s new fee a potentially entry opportunity to consider. For more news, information, and analysis, visit the Core Strategies Content Hub.

More Commentary

How Low-Duration Bond ETF FLDB Can Meet the Yield Curve
BY | ETF Database
8:42 am ET 09/23/26 | 4 VIEWS
ETF Prime: VettaFi's Focus on Fundamental Indexing
BY | ETF Database
5:33 am ET 09/23/26 | 10 VIEWS
After the Hike: Fixed Income ETF Money Trail
BY | ETF Database
6:12 am ET 09/23/26 | 7 VIEWS
View more Commentary

Search Commentary

Enter Keyword(s)
Filter Results

Performance data shown is past performance and is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. Yield and return will vary, therefore you have a gain or loss when you sell your shares. For standard quarterly performance, go to the fund's Snapshot page by clicking on the ETF/ETP's symbol.

ETFs may trade at a premium or discount to their NAV and are subject to the market fluctuations of their underlying investments.

For iShares ETFs, Fidelity receives compensation from the ETF sponsor and/or its affiliates in connection with an exclusive long-term marketing program that includes promotion of iShares ETFs and inclusion of iShares funds in certain FBS platforms and investment programs. Please note, this security will not be marginable for 30 days from the settlement date, at which time it will automatically become eligible for margin collateral. Additional information about the sources, amounts, and terms of compensation can be found in the ETF's prospectus and related documents. Fidelity may add or waive commissions on ETFs without prior notice. BlackRock and iShares are registered trademarks of BlackRock, Inc. and its affiliates.

FBS receives compensation from the fund's advisor or its affiliates in connection with a marketing program that includes the promotion of this security and other ETFs to customers ("Marketing Program"). The Marketing Program creates incentives for FBS to encourage the purchase of certain ETFs. Additional information about the sources, amounts, and terms of compensation is in the ETF's prospectus and related documents. Please note that this security will not be marginable for 30 days from the settlement date, at which time it will automatically become eligible for margin collateral.

News, commentary (including "Related Symbols") and events are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.

Any data, charts and other information provided on this page are intended to help self-directed investors evaluate exchange traded products (ETPs), including, but limited to exchange traded funds (ETFs) and exchange traded notes (ETNs). Criteria and inputs entered, including the choice to make ETP comparisons, are at the sole discretion of the user and are solely for the convenience of the user. Analyst opinions, ratings and reports are provided by third-parties unaffiliated with Fidelity. All information supplied or obtained from this page is for informational purposes only and should not be considered investment advice or guidance, an offer of or a solicitation of an offer to buy or sell a particular security, or a recommendation or endorsement by Fidelity of any security or investment strategy. Fidelity does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating ETPs. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use. Determine which securities are right for you based on your investment objectives, risk tolerance, financial situation and other individual factors and re-evaluate them on a periodic basis.

Before investing in any exchange traded product, you should consider its investment objective, risks, charges and expenses. Contact Fidelity for a prospectus, offering circular or, if available, a summary prospectus containing this information. Read it carefully.