EX-99.e7
DISTRIBUTION AGREEMENT
THIS DISTRIBUTION AGREEMENT is made and entered into this 13th day of
March, 2000, by and between each of the open-end management investment companies
listed on SCHEDULE A, attached hereto, as of the dates noted on such SCHEDULE A,
together with all other open end management investment companies subsequently
established and made subject to this Agreement in accordance with Section 11
(the "Issuers") and AMERICAN CENTURY INVESTMENT SERVICES, INC. ("Distributor"),
a Delaware corporation.
WHEREAS, the common stock of each of the Issuers is currently divided into
a number of separate series of shares, or funds, each corresponding to a
distinct portfolio of securities, and many of which are also divided into
multiple classes of shares; and
WHEREAS, Distributor is a registered as a broker-dealer with the
Securities and Exchange Commission ("SEC") under the Securities Exchange Act of
1934 and is a member of the National Association of Securities Dealers, Inc.;
and
WHEREAS, American Century Investment Management, Inc. ("ACIM") is the
registered investment adviser to the Issuers; and
WHEREAS, the Boards of Directors of the Funds (the "Board") wish to engage
the Distributor to act as the distributor of the Funds;
NOW, THEREFORE, in consideration of the mutual promises set forth herein,
the parties agree as follows:
Section 1. General Responsibilities
Each Issuer hereby engages Distributor to act as exclusive distributor of the
shares of each class of its separate series, and any other series and classes as
may be designated from time to time hereafter (the "Funds"). The Funds subject
to this Distribution Agreement are identified on SCHEDULE A, as the same may be
amended from time to time. Sales of a Fund's shares shall be made only to
investors residing in those states in which such Fund is registered. After
effectiveness of each Fund's registration statement, Distributor will hold
itself available to receive, as agent for the Funds, and will receive, by mail,
telex, telephone, and/or such other method as may be agreed upon between
Distributor and Issuers, orders for the purchase of Fund shares, and will accept
or reject such orders on behalf of the Funds in accordance with the provisions
of the applicable Fund's prospectus. Distributor will be available to transmit
such
1
orders as are so accepted to the Fund's transfer agent as promptly as possible
for processing at the shares' net asset value next determined in accordance with
the prospectuses.
a. Offering Price. All shares sold by Distributor under this Agreement shall
be sold at the net asset value per share ("Net Asset Value") determined in
the manner described in each Fund's prospectus, as it may be amended from
time to time, next computed after the order is accepted by Distributor or
its agents or affiliates. Each Fund shall determine and promptly furnish
to Distributor a statement of the Net Asset Value of shares of said Fund's
series at least once on each day on which the Fund is open for business,
as described in its current prospectus.
b. Promotion Support. Each Fund shall furnish to Distributor for use in
connection with the sale of its shares such written information with
respect to said Fund as Distributor may reasonably request. Each Fund
represents and warrants that such information, when authenticated by the
signature of one of its officers, shall be true and correct. Each Fund
shall also furnish to Distributor copies of its reports to its
shareholders and such additional information regarding said Fund's
financial condition as Distributor may reasonably request. Any and all
representations, statements and solicitations respecting a Fund's shares
made in advertisements, sales literature and in any other manner
whatsoever shall be limited to and conform in all respects to the
information provided hereunder.
c. Regulatory Compliance. Each Fund shall furnish to Distributor copies of
its current form of prospectus, as filed with the SEC, in such quantity as
Distributor may reasonably request from time to time, and authorizes
Distributor to use the prospectus in connection with the sale of such
Fund's shares. All such sales shall be initiated by offer of, and
conducted in accordance with, such prospectus and all of the provisions of
the Securities Act of 1933, the Investment Company Act of 1940 ("1940
Act") and all the rules and regulations thereunder. Distributor shall
furnish applicable federal and state regulatory authorities with any
information or reports related to its services under this Agreement which
such authorities may lawfully request in order to ascertain whether the
Funds' operations are being conducted in a manner consistent with any
applicable law or regulations.
d. Acceptance. All orders for the purchase of its shares are subject to
acceptance by each Fund.
Section 2. Compensation
a. Investor Class and Institutional Class Shares. Except for the promises of
the Funds contained in this Agreement and their performance thereof,
Distributor shall not be entitled to compensation for its services
hereunder with respect to the Investor Class or the Institutional Class of
shares.
b. Advisor Class and Service Class Shares. For the services provided and
expenses incurred by Distributor as described in Section 2 and Section 3
of the Master Distribution and
2
Shareholder Services Plan adopted by the Board with respect to the Advisor
Class of such Funds, and for the services provided and expenses incurred
by Distributor as described in Section 2 of the Shareholder Services Plan
adopted by the Board with respect to the Service Class of such Funds,
Distributor shall be compensated by ACIM, not by the Funds.
Section 3. Expenses
a. Distributor or one of its affiliates or designees shall pay all expenses
incurred by it in connection with the performance of its distribution
duties hereunder and under the Master Distribution and Shareholder
Services Plan, dated as of September 3, 1996, with respect to the Advisor
Class of the Funds' shares, including, but not limited to (A) payment of
sales commission, ongoing commissions and other payments to brokers,
dealers, financial institutions or others who sell Advisor Class shares
pursuant to Selling Agreements; (B) compensation to registered
representatives or other employees of Distributor who engage in or support
distribution of the Funds' Advisor Class shares; (C) compensation to, and
expenses (including overhead and telephone expenses) of, Distributor; (D)
the printing of prospectuses, statements of additional information and
reports for other than existing shareholders; (E) the preparation,
printing and distribution of sales literature and advertising materials
provided to the Funds' shareholders and prospective shareholders; (F)
receiving and answering correspondence from prospective shareholders,
including distributing prospectuses, statements of additional information,
and shareholder reports; (G) the providing of facilities to answer
questions from prospective investors about Fund shares; (H) complying with
federal and state securities laws pertaining to the sale of Fund shares;
(I) assisting investors in completing application forms and selecting
dividend and other account options; (J) the providing of other reasonable
assistance in connection with the distribution of Fund shares; (K) the
organizing and conducting of sales seminars and payments in the form of
transactional compensation or promotional incentives; (L) profit on the
foregoing; (M) the payment of "service fees", as contemplated by the Rules
of Fair Practice of the National Association of Securities Dealers , Inc.;
and (N) such other distribution and services activities as the Issuers
determine may be paid for by the Issuers pursuant to the terms of this
Agreement and in accordance with Rule 12b-1 of the 1940 Act.
b. Distributor or one of its affiliates or designees shall pay all expenses
incurred by it in connection with the performance of its shareholder and
administrative services duties under the Shareholder Services Plan, dated
as of September 3, 1996, with respect to the Service Class of the Funds'
shares, and under the Master Distribution and Shareholder Services Plan,
dated as of September 3, 1996, with respect to the Advisor Class,
including, but not limited to, (A) receiving, aggregating and processing
purchase, exchange and redemption request from beneficial owners of such
shares (including contract owners of insurance products that utilize the
Funds as underlying investment media) and placing purchase, exchange and
redemption orders with the Funds' transfer agent; (B) providing
shareholders with a service that invests the assets of their accounts in
3
shares pursuant to specific or pre-authorized instructions; (C) processing
dividend payments from a Fund on behalf of shareholders and assisting
shareholders in changing dividend options, account designations and
addresses; (D) providing and maintaining elective services such as check
writing and wire transfer services; (E) acting as shareholder of record
and nominee for beneficial owners; (F) maintaining account records for
shareholders and/or other beneficial owners; (G) issuing confirmations of
transactions; (H) providing subaccounting with respect to shares
beneficially owned by customers of third parties or providing the
information to a Fund as necessary for such subaccounting; (I) preparing
and forwarding shareholder communications from the Funds (such as proxies,
shareholder reports, annual and semi-annual financial statements and
dividend, distribution and tax notices) to shareholders and/or other
beneficial owners; (J) providing other similar administrative and
sub-transfer agency services; and (K) with respect to the Service Class of
shares, paying "service fees," as contemplated by the Rules of Fair
Practice of the NASD. Shareholder Services do not include those activities
and expenses that are primarily intended to result in the sale of
additional shares of the Service and Advisor Class of the Funds.
c. In addition to paying the above expenses with respect to the Advisor Class
and the Service Class, Distributor or an affiliate shall pay all expenses
incurred with respect to the Funds' other classes in connection with their
registration under the Securities Act of 1933 and the 1940 Act, the
qualification of such shares for sale in each jurisdiction designated by
ACIM, the issue and transfer of such shares (including the expenses of
confirming purchase and redemption orders and of supplying the
information, prices and other data to be furnished by the Funds under this
Agreement), the registration of Distributor as a broker, and the
registration and qualification of its officers, directors and
representatives under applicable federal and state laws.
Section 4. Independent Contractor
Distributor shall be an independent contractor. Neither Distributor nor any of
its officers, trustees, employees or representatives is or shall be an employee
of a Fund in connection with the performance of Distributor's duties hereunder.
Distributor shall be responsible for its own conduct and the employment,
control, compensation and conduct of its agents and employees, and for any
injury to such agents or employees or to others through its agents and
employees. Any obligations of Distributor hereunder may be performed by one or
more affiliates of Distributor.
Section 5. Affiliation with the Funds
Subject to and in accordance with each Fund's formative documents, Section 10 of
the 1940 Act, it is understood: that the directors, officers, agents and
shareholders of the Funds are or may be interested in Distributor as directors,
officers, or shareholders of Distributor; that directors, officers, agents or
shareholders of Distributor are or may be interested in the Funds as directors,
4
officers, shareholders (directly or indirectly) or otherwise; and that the
affect of any such interest shall be governed by the 1940 Act and Section 4.
Section 6. Books and Records
It is expressly understood and agreed that all documents, reports, records,
books, files and other materials ("Fund Records") relating to this Agreement and
the services to be performed hereunder shall be the sole property of the Funds
and that such property, to the extent held by Distributor, shall be held by
Distributor as agent during the effective term of this Agreement. All Fund
Records shall be delivered to the applicable Fund upon the termination of this
Agreement, free from any claim or retention of rights by Distributor.
Section 7. Services Not Exclusive
The services of Distributor to the Funds hereunder are not to be deemed
exclusive, and Distributor shall be free to render similar services to others.
Section 8. Renewal and Termination
a. Term and Annual Renewal. The term of this Agreement shall be from the date
of its approval by the vote of a majority of the Board of each Issuer, and
it shall continue in effect from year to year thereafter only so long as
such continuance is specifically approved at least annually by the vote of
a majority of its Board, and the vote of a majority of said directors who
are neither parties to the Agreement nor interested persons of any such
party, cast at a meeting called for the purpose of voting on such
approval. "Approved at least annually" shall mean approval occurring, with
respect to the first continuance of the Agreement, during the 90 days
prior to and including the date of its termination in the absence of such
approval, and with respect to any subsequent continuance, during the 90
days prior to and including the first anniversary of the date upon which
the most recent previous annual continuance of the Agreement became
effective. The effective date of the Agreement with respect to each Fund
is identified in the Schedules attached to this Agreement.
b. Termination. This Agreement may be terminated at any time, without payment
of any penalty, by a Fund's Board, upon 60 days' written notice to
Distributor, and by Distributor upon 60 days' written notice to the Fund.
This Agreement shall terminate automatically in the event of its
assignment. The term "assignment" shall have the meaning set forth for
such term in Section 2(a)(4) of the 1940 Act.
Section 9. Severability
If any provision of this Agreement shall be held or made invalid by a court
decision, statute, rule or similar authority, the remainder of this Agreement
shall not be affected thereby.
5
Section 10. Applicable Law
This Agreement shall be construed in accordance with the laws of the State of
Missouri.
Section 11. Amendment
This Agreement and the Schedules forming a part hereof may be amended at any
time by a writing signed by each of the parties hereto. In the event that the
Board or trustees of any additional funds indicate by resolution that such funds
are to be made parties to this Agreement, whether such funds were in existence
at the time of the effective date of this Agreement or subsequently formed,
SCHEDULE A hereto shall be amended to reflect the addition of such new funds and
such new funds shall thereafter become parties hereto. In the event that such
new funds issue multiple classes of shares, SCHEDULES B, C, D and E, as
appropriate, shall be amended to reflect the addition of such new funds'
classes. In the event that any of the Funds listed on SCHEDULE A terminates its
registration as a management investment company, or otherwise ceases operations,
SCHEDULE A (and, as appropriate, SCHEDULES B, C, D and E) shall be amended to
reflect the deletion of such Fund and its various classes.
6
AMERICAN CENTURY INVESTMENT SERVICES, INC.
By: /s/ Xxxxxxx X. Xxxxx
Xxxxxxx X. Xxxxx
Executive Vice President
AMERICAN CENTURY CALIFORNIA TAX-FREE AND
MUNICIPAL FUNDS
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
AMERICAN CENTURY GOVERNMENT INCOME TRUST
AMERICAN CENTURY INTERNATIONAL BOND FUNDS
AMERICAN CENTURY INVESTMENT TRUST
AMERICAN CENTURY MUNICIPAL TRUST
AMERICAN CENTURY MUTUAL FUNDS, INC.
AMERICAN CENTURY PREMIUM RESERVES, INC.
AMERICAN CENTURY QUANTITATIVE EQUITY FUNDS
AMERICAN CENTURY STRATEGIC ASSET
ALLOCATIONS, INC.
AMERICAN CENTURY TARGET MATURITIES TRUST
AMERICAN CENTURY VARIABLE PORTFOLIOS, INC.
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
BY: /s/ Xxxxxxxx Xxxxxx
Xxxxxxxx Xxxxxx
Vice President
7
SCHEDULE A
Companies and Funds Covered by this Distribution Agreement
Fund Date of Agreement
---- -----------------
AMERICAN CENTURY CALIFORNIA TAX-FREE AND MUNICIPAL FUNDS
>> California Municipal Money Market Fund March 12, 2000
>> California High-Yield Municipal Fund March 12, 2000
>> California Tax-Free Money Market Fund March 12, 2000
>> California Limited Term Tax-Free Fund March 12, 2000
>> California Intermediate-Term Tax-Free Fund March 12, 2000
>> California Long-Term Tax-Free Fund March 12, 2000
>> California Insured Tax-Free Fund March 12, 2000
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
>> Equity Income Fund March 12, 2000
>> Real Estate Fund March 12, 2000
>> Value Fund March 12, 2000
>> Small Cap Value Fund March 12, 2000
>> Equity Index Fund March 12, 2000
>> Large Cap Value Fund March 12, 2000
AMERICAN CENTURY GOVERNMENT INCOME TRUST
>> Short-Term Treasury Fund March 12, 2000
>> Intermediate-Term Treasury Fund March 12, 2000
>> Long-Term Treasury Fund March 12, 2000
>> Government Agency Money Market Fund March 12, 2000
>> Short-Term Government Fund March 12, 2000
>> GNMA Fund March 12, 2000
>> Inflation-Adjusted Treasury Fund March 12, 2000
>> Capital Preservation Fund March 12, 2000
AMERICAN CENTURY INTERNATIONAL BOND FUNDS
>> International Bond Fund March 12, 2000
AMERICAN CENTURY INVESTMENT TRUST
>> Prime Money Market Fund March 12, 2000
AMERICAN CENTURY MUNICIPAL TRUST
>> Arizona Intermediate-Term Municipal Fund March 12, 2000
>> Florida Municipal Money Market Fund March 12, 2000
>> Florida Intermediate-Term Municipal Fund March 12, 2000
>> Tax-Free Money Market Fund March 12, 2000
>> Intermediate-Term Tax-Free Fund March 12, 2000
>> Long-Term Tax-Free Fund March 12, 2000
>> Limited-Term Tax-Free Fund March 12, 2000
>> High-Yield Municipal Fund March 12, 2000
page A-1
AMERICAN CENTURY MUTUAL FUNDS, INC.
>> Balanced Fund March 12, 2000
>> Growth Fund March 12, 2000
>> Heritage Fund March 12, 2000
>> Intermediate-Term Bond Fund March 12, 2000
>> Limited-Term Bond Fund March 12, 2000
>> Bond Fund March 12, 2000
>> Select Fund March 12, 2000
>> Ultra Fund March 12, 2000
>> Vista Fund March 12, 2000
>> Giftrust Fund March 12, 2000
>> New Opportunities Fund March 12, 2000
>> High-Yield Fund March 12, 2000
>> Tax-Managed Value Fund March 12, 2000
>> Veedot Fund March 12, 2000
>> Veedot Large-Cap Fund March 12, 2000
AMERICAN CENTURY PREMIUM RESERVES, INC.
>> Premium Government Reserve Fund March 12, 2000
>> Premium Capital Reserve Fund March 12, 2000
>> Premium Managed Bond Fund March 12, 2000
AMERICAN CENTURY QUANTITATIVE EQUITY FUNDS
>> Equity Growth Fund March 12, 2000
>> Income & Growth Fund March 12, 2000
>> Global Gold Fund March 12, 2000
>> Global Natural Resources Fund March 12, 2000
>> Utilities Fund March 12, 2000
>> Small Cap Quantitative Fund March 12, 2000
AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.
>> Strategic Allocation: Aggressive Fund March 12, 2000
>> Strategic Allocation: Conservative Fund March 12, 2000
>> Strategic Allocation: Moderate Fund March 12, 2000
AMERICAN CENTURY TARGET MATURITIES TRUST
>> Target 2000 Fund March 12, 2000
>> Target 2005 Fund March 12, 2000
>> Target 2010 Fund March 12, 2000
>> Target 2015 Fund March 12, 2000
>> Target 2020 Fund March 12, 2000
>> Target 2025 Fund March 12, 2000
page A-2
AMERICAN CENTURY VARIABLE PORTFOLIOS, INC.
>> VP Advantage Fund March 12, 2000
>> VP Balanced Fund March 12, 2000
>> VP Capital Appreciation Fund March 12, 2000
>> VP International Fund March 12, 2000
>> VP Income & Growth Fund March 12, 2000
>> VP Value Fund March 12, 2000
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
>> Emerging Markets Fund March 12, 2000
>> International Growth Fund March 12, 2000
>> International Discovery Fund March 12, 2000
>> Global Growth Fund March 12, 2000
page A-3
SCHEDULE B
Investor Class Funds
Fund Date of Agreement
---- -----------------
AMERICAN CENTURY CALIFORNIA TAX-FREE AND
MUNICIPAL FUNDS
>> California Municipal Money Market Fund March 12, 2000
>> California High-Yield Municipal Fund March 12, 2000
>> California Tax-Free Money Market Fund March 12, 2000
>> California Limited Term Tax-Free Fund March 12, 2000
>> California Intermediate-Term Tax-Free Fund March 12, 2000
>> California Long-Term Tax-Free Fund March 12, 2000
>> California Insured Tax-Free Fund March 12, 2000
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
>> Equity Income Fund(1) March 12, 2000
>> Real Estate Fund(1) March 12, 2000
>> Value Fund(1) March 12, 2000
>> Small Cap Value Fund(1) March 12, 2000
>> Equity Index Fund(1) March 12, 2000
>> Large Cap Value Fund(1) March 12, 2000
AMERICAN CENTURY GOVERNMENT INCOME TRUST
>> Short-Term Treasury Fund(1) March 12, 2000
>> Intermediate-Term Treasury Fund(1) March 12, 2000
>> Long-Term Treasury Fund(1) March 12, 2000
>> Government Agency Money Market Fund(1) March 12, 2000
>> Short-Term Government Fund(1) March 12, 2000
>> GNMA Fund(1) March 12, 2000
>> Inflation-Adjusted Treasury Fund(1) March 12, 2000
>> Capital Preservation Fund March 12, 2000
AMERICAN CENTURY INTERNATIONAL BOND FUNDS
>> International Bond Fund(1) March 12, 2000
AMERICAN CENTURY INVESTMENT TRUST
>> Prime Money Market Fund(1) March 12, 2000
----------
(1) Multiple Classes of Shares
page B-1
AMERICAN CENTURY MUNICIPAL TRUST
>> Arizona Intermediate-Term Municipal Fund March 12, 2000
>> Florida Municipal Money Market Fund March 12, 2000
>> Florida Intermediate-Term Municipal Fund March 12, 2000
>> Tax-Free Money Market Fund March 12, 2000
>> Intermediate-Term Tax-Free Fund March 12, 2000
>> Long-Term Tax-Free Fund March 12, 2000
>> Limited-Term Tax-Free Fund March 12, 2000
>> High-Yield Municipal Fund March 12, 2000
>> AMERICAN CENTURY MUTUAL FUNDS, INC.
>> Balanced Fund(1) March 12, 2000
>> Growth Fund(1) March 12, 2000
>> Heritage Fund(1) March 12, 2000
>> Intermediate-Term Bond Fund(1) March 12, 2000
>> Limited-Term Bond Fund(1) March 12, 2000
>> Bond Fund(1) March 12, 2000
>> Select Fund(1) March 12, 2000
>> Ultra Fund(1) March 12, 2000
>> Vista Fund(1) March 12, 2000
>> Giftrust March 12, 2000
>> High-Yield Fund March 12, 2000
>> Tax-Managed Value Fund March 12, 2000
>> Veedot Fund March 12, 2000
>> Veedot Large-Cap Fund March 12, 2000
AMERICAN CENTURY PREMIUM RESERVES, INC.
>> Premium Government Reserve Fund March 12, 2000
>> Premium Capital Reserve Fund March 12, 2000
>> Premium Bond Fund March 12, 2000
AMERICAN CENTURY QUANTITATIVE EQUITY FUNDS
>> Equity Growth Fund(1) March 12, 2000
>> Income & Growth Fund(1) March 12, 2000
>> Global Gold Fund(1) March 12, 2000
>> Global Natural Resources Fund(1) March 12, 2000
>> Utilities Fund(1) March 12, 2000
>> Small Cap Quantitative Fund(1) March 12, 2000
AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.
>> Strategic Allocation: Aggressive(1) March 12, 2000
>> Strategic Allocation: Conservative(1) March 12, 2000
>> Strategic Allocation: Moderate(1) March 12, 2000
page B-2
AMERICAN CENTURY TARGET MATURITIES TRUST
>> Target 2000 Fund(1) March 12, 2000
>> Target 2005 Fund(1) March 12, 2000
>> Target 2010 Fund(1) March 12, 2000
>> Target 2015 Fund(1) March 12, 2000
>> Target 2020 Fund(1) March 12, 2000
>> Target 2025 Fund(1) March 12, 2000
AMERICAN CENTURY VARIABLE PORTFOLIOS, INC.
>> VP Advantage Fund March 12, 2000
>> VP Balanced Fund March 12, 2000
>> VP Capital Appreciation Fund March 12, 2000
>> VP International Fund March 12, 2000
>> VP Income & Growth Fund March 12, 2000
>> VP Value Fund March 12, 2000
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
>> Emerging Markets Fund(1) March 12, 2000
>> International Growth Fund(1) March 12, 2000
>> International Discovery Fund(1) March 12, 2000
>> Global Growth Fund(1) March 12, 2000
page B-3
SCHEDULE C
Institutional Class Funds
Fund Date of Agreement
---- -----------------
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
>> Equity Income Fund March 12, 2000
>> Real Estate Fund March 12, 2000
>> Value Fund March 12, 2000
>> Small Cap Value Fund March 12, 2000
>> Equity Index Fund March 12, 2000
>> Large Cap Value Fund March 12, 2000
AMERICAN CENTURY MUTUAL FUNDS, INC.
>> Balanced Fund March 12, 2000
>> Growth Fund March 12, 2000
>> Heritage Fund March 12, 2000
>> Select Fund March 12, 2000
>> Ultra Fund March 12, 2000
>> Vista Fund March 12, 2000
>> Tax-Managed Value Fund March 12, 2000
>> Veedot Fund March 12, 2000
>> Veedot Large-Cap Fund March 12, 2000
>> AMERICAN CENTURY QUANTITATIVE EQUITY FUNDS
>> Equity Growth Fund March 12, 2000
>> Income & Growth Fund March 12, 2000
>> Small Cap Quantitative Fund March 12, 2000
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
>> Emerging Markets Fund March 12, 2000
>> International Growth Fund March 12, 2000
>> International Discovery Fund March 12, 2000
>> Global Growth Fund March 12, 2000
page C-1
SCHEDULE D
Service Class Funds
Fund Date of Agreement
---- -----------------
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
>> Equity Income Fund March 12, 2000
>> Real Estate Fund March 12, 2000
>> Value Fund March 12, 2000
AMERICAN CENTURY MUTUAL FUNDS, INC.
>> Balanced Fund March 12, 2000
>> Growth Fund March 12, 2000
>> Heritage Fund March 12, 2000
>> Intermediate-Term Bond Fund March 12, 2000
>> Limited-Term Bond Fund March 12, 2000
>> Bond Fund March 12, 2000
>> Select Fund March 12, 2000
>> Ultra Fund March 12, 2000
>> Vista Fund March 12, 2000
AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.
>> Strategic Allocation: Aggressive March 12, 2000
>> Strategic Allocation: Conservative March 12, 2000
>> Strategic Allocation: Moderate March 12, 2000
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
>> Emerging Markets Fund March 12, 2000
>> International Growth Fund March 12, 2000
>> International Discovery Fund March 12, 2000
page D-1
SCHEDULE E
Advisor Class Funds
Fund Date of Agreement
---- -----------------
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
>> Equity Income Fund March 12, 2000
>> Value Fund March 12, 2000
>> Real Estate Fund March 12, 2000
>> Small Cap Value Fund March 12, 2000
>> Large Cap Value Fund March 12, 2000
AMERICAN CENTURY GOVERNMENT INCOME TRUST
>> Short-Term Treasury Fund March 12, 2000
>> Intermediate-Term Treasury Fund March 12, 2000
>> Long-Term Treasury Fund March 12, 2000
>> Government Agency Money Market Fund March 12, 2000
>> Short-Term Government Fund March 12, 2000
>> GNMA Fund March 12, 2000
>> Inflation-Adjusted Treasury Fund March 12, 2000
AMERICAN CENTURY INTERNATIONAL BOND FUNDS
>> International Bond Fund March 12, 2000
AMERICAN CENTURY MUTUAL FUNDS, INC.
>> Balanced Fund March 12, 2000
>> Growth Fund March 12, 2000
>> Heritage Fund March 12, 2000
>> Intermediate-Term Bond Fund March 12, 2000
>> Limited-Term Bond Fund March 12, 2000
>> Bond Fund March 12, 2000
>> Select Fund March 12, 2000
>> Ultra Fund March 12, 2000
>> Vista Fund March 12, 2000
>> High-Yield Fund March 12, 2000
>> Tax-Managed Value Fund March 12, 2000
>> Veedot Fund March 12, 2000
>> Veedot Large-Cap Fund March 12, 2000
>> AMERICAN CENTURY QUANTITATIVE EQUITY FUNDS
>> Equity Growth Fund March 12, 2000
>> Income & Growth Fund March 12, 2000
>> Global Gold Fund March 12, 2000
>> Global Natural Resources Fund March 12, 2000
>> Utilities Fund March 12, 2000
>> Small Cap Quantitative Fund March 12, 2000
page E-1
AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.
>> Strategic Allocation: Aggressive March 12, 2000
>> Strategic Allocation: Conservative March 12, 2000
>> Strategic Allocation: Moderate March 12, 2000
AMERICAN CENTURY TARGET MATURITIES TRUST
>> Target 2000 Fund March 12, 2000
>> Target 2005 Fund March 12, 2000
>> Target 2010 Fund March 12, 2000
>> Target 2015 Fund March 12, 2000
>> Target 2020 Fund March 12, 2000
>> Target 2025 Fund March 12, 2000
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
>> Emerging Markets Fund March 12, 2000
>> International Growth Fund March 12, 2000
>> International Discovery Fund March 12, 2000
>> Global Growth Fund March 12, 2000
AMERICAN CENTURY INVESTMENT TRUST
>> Prime Money Market Fund March 12, 2000
page E-2