AMERICAN CENTURY QUANTITATIVE EQUITY FUNDS
497, 1999-09-30
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AMERICAN CENTURY QUANTITATIVE EQUITY FUNDS

Prospectus Supplement

INCOME & GROWTH * EQUITY GROWTH * SMALL CAP QUANTITATIVE

Supplement dated October 1, 1999 * Prospectus dated April 1, 1999


The following replaces the chart and first two paragraphs on page 12 of the
Investor Class prospectus.

MINIMUM INITIAL INVESTMENT AMOUNTS

To open an account, the minimum investments are:

Individual or Joint                        $2,500
Traditional IRA                            $1,000
Roth IRA                                   $1,000
Education IRA                              $500
UGMA/UTMA                                  $2,500
403(b)                                     No minimum
Qualified Retirement Plan                  $2,500(1)

(1) The minimum investment requirements may be different for some types of
    retirement accounts.

REDEMPTION OF SHARES IN LOW-BALANCE ACCOUNTS

If your redemption activity causes your account balance to fall below the
minimum initial investment amount, we will notify you and give you 90 days to
meet the minimum. If you do not meet the deadline, American Century will redeem
the shares in the account and send the proceeds to your address of record.


SH-SPL-18123   9909
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AMERICAN CENTURY QUANTITATIVE EQUITY FUNDS

Prospectus Supplement

GLOBAL GOLD * GLOBAL NATURAL RESOURCES * UTILITIES

Supplement dated October 1, 1999 * Prospectus dated April 1, 1999


The following replaces the chart and first two paragraphs on page 18 of the
Investor Class prospectus.

MINIMUM INITIAL INVESTMENT AMOUNTS

To open an account, the minimum investments are:

Individual or Joint                            $2,500
Traditional IRA                                $1,000
Roth IRA                                       $1,000
Education IRA                                  $500
UGMA/UTMA                                      $2,500
403(b)                                         No minimum
Qualified Retirement Plan                      $2,500(1)

(1) The minimum investment requirements may be different for some types of
    retirement accounts.

REDEMPTION OF SHARES IN LOW-BALANCE ACCOUNTS

If your redemption activity causes your account balance to fall below the
minimum initial investment amount, we will notify you and give you 90 days to
meet the minimum. If you do not meet the deadline, American Century will redeem
the shares in the account and send the proceeds to your address of record.


SH-SPL-18125   9909


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