About American Century ETF Trust American Century Multisector Floating Income ETF (FUSI)

The American Century ETF Trust American Century Multisector Floating Income ETF (FUSI) is an exchange-traded fund that offers investors exposure to a diversified portfolio of floating rate bonds. The fund seeks to provide a high level of income that is consistent with preservation of capital. FUSI invests in a variety of sectors including asset-backed securities, corporate bonds, and government bonds. The fund's portfolio is actively managed by American Century Investments, a leading asset management firm with a long history of successful investment strategies. With an expense ratio of just 0.40%, FUSI offers investors a cost-effective way to access the potential benefits of floating rate bonds.

Floating rate bonds, also known as variable rate bonds, are fixed-income securities that have a coupon rate that adjusts periodically based on changes in a reference rate, typically the London Interbank Offered Rate (LIBOR). This feature allows the coupon payments on the bonds to increase when interest rates rise, providing investors with a degree of protection against inflation and rising interest rates. Floating rate bonds are often used by investors as a way to diversify their fixed-income portfolios and reduce interest rate risk. FUSI's focus on the multisector floating rate bond market allows investors to capitalize on opportunities across different sectors and industries.