Liquidation: AMERICAN CENTURY ETF TRUST

Form Type: 497

Filing Date: 2025-03-13

Corporate Action: Liquidation

Type: Update

Accession Number: 000171060725000016

Filing Summary: The Board of Trustees has approved a plan of liquidation for the Avantis Short-Term Fixed Income Fund. The liquidation date is set for May 29, 2025. The fund will cease all new accounts and new investments, except for reinvested distributions, effective May 23, 2025, at the close of the New York Stock Exchange. To facilitate the closing and liquidation process, the fund’s portfolio managers may increase cash holdings and similar investments in preparation for expenses and redemption requests, potentially selling securities to maximize cash exposure up to 100% of the portfolio, deviating from the fund's stated investment objectives.

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Form Type: 497K

Filing Date: 2025-03-13

Corporate Action: Liquidation

Type: Update

Accession Number: 000171060725000017

Filing Summary: The Board of Trustees for American Century ETF Trust has approved a plan for the liquidation of the Avantis Short-Term Fixed Income Fund, effective May 29, 2025. The fund will cease to accept new accounts and new investments, except for reinvested distributions, starting from the close of the New York Stock Exchange on May 23, 2025. To facilitate the liquidation process, the fund's portfolio managers will likely increase the cash holdings to cover expenses and redemption requests, potentially altering the investment strategy and objectives of the fund as they may sell off securities to boost cash and cash equivalents up to 100% of the portfolio.

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Form Type: 497

Filing Date: 2025-03-12

Corporate Action: Liquidation

Type: New

Accession Number: 000171060725000014

Filing Summary: The Board of Trustees has approved the liquidation and termination of the American Century Low Volatility ETF (the 'Fund'). The Fund's shares will cease trading on the NYSE Arca, Inc. as of the close of regular trading on April 22, 2025, and will be closed to purchase by investors. From this date until April 29, 2025, shareholders cannot dispose of their shares, and there is no guarantee of a market for the Fund’s shares during this interim period. The Fund will depart from its stated investment objective as it liquidates its portfolio holdings to prepare for final distributions to shareholders. On or about the Liquidation Date, the Fund will distribute the net asset value per share in cash to all shareholders who have not sold or redeemed their shares prior to this date. These distributions, which will reflect the costs of closing the Fund and may include accrued capital gains and dividends, will be taxable events for shareholders subject to federal income tax. Following the completion of the distributions, the Fund will officially terminate.

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Form Type: 497K

Filing Date: 2025-03-12

Corporate Action: Liquidation

Type: New

Accession Number: 000171060725000015

Filing Summary: The Board of Trustees has approved the liquidation and termination of the American Century Low Volatility ETF. Shares of the Fund will stop trading on NYSE Arca as of April 22, 2025, and will be closed to purchase by investors from that date. Post-Closing Date until April 29, 2025, shareholders cannot dispose of their shares on the Exchange, and there is no guarantee of a market for shares during this period. The Fund will shift its portfolio holdings to cash in preparation for final distribution to shareholders by the Liquidation Date. On or about the Liquidation Date, the net asset value per share will be distributed in cash to shareholders who have not sold or redeemed their shares. The net asset value will reflect costs associated with closing the Fund, and distributions will be considered a taxable event for eligible shareholders, which may also include accrued capital gains and dividends. After distributions are complete, the Fund will terminate.

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