American Century International Bd Inv (BEGBX)

The investment seeks high total return. The fund normally invests all of assets in high-quality debt securities, at least 80% of which are issued by foreign corporations and governments. The advisor expects the fund's dollar-weighted average maturity to range from two to 10 years. It may hedge up to 25% of assets into U.S. dollars when the portfolio manager considers the dollar to be attractive relative to foreign currencies. The fund also may invest in options, futures contracts, options on futures contracts, and swap agreements. It is nondiversified.