KANSAS CITY, Mon., March 10, 2021 / PRNewswire / – American Century Investments, a $ 214 billion* Global investment manager starting today with the launch of the One Choice Blend + Portfolios. The actively managed series shows the company’s proven glide path philosophy in an affordable investment fund.
Each year is offered in a mutual fund structure that includes a variety of share classes. The expense ratio for share classes ranges from 0.58% for the investor share class to 0.23% for the R6 share class.
The following are ticker symbols for the years of the Investor class:
- One Choice Blend + 2015 Portfolio (AAAFX)
- One Choice Blend + 2020 Portfolio (AAAMX)
- One Choice Blend + 2025 Portfolio (AABJX)
- One Choice Blend + 2030 Portfolio (AABWX)
- One Choice Blend + 2035 Portfolio (AACKX)
- One Choice Blend + 2040 Portfolio (AACSX)
- One Choice Blend + 2045 Portfolio (AADHX)
- One Choice Blend + 2050 Portfolio (AADNX)
- One Choice Blend + 2055 Portfolio (AADVX)
- One Choice Blend + 2060 Portfolio (AAEFX)
- One Choice Blend + 2065 Portfolio (AAEKX)
Choosing a qualified standard investment alternative (QDIA) is one of the most important tasks of a retirement trustee Richard Weiss, Chief Investment Officer for American Century’s Multi-Asset Strategies. “We know that a careful selection process can present complex challenges that depend on a variety of factors including: planning sponsorship goals and objectives, participant demographics, and risk appetite. by focusing on offering a smoother ride across market cycles. “
One Choice Blend + Portfolios provide an option for plans looking for a comprehensive solution with a highly competitive fee structure. It has a growth-oriented bias towards the company’s risk-conscious glide path, which puts more emphasis on growth during a participant’s accumulation phase. It may also be useful for retirement plans to eliminate the potential for late or gradual retirement of older workers.
The new series is based on a handful of proven strategies from American Century $ 27 billion** One Choice Target Date Portfolios. These strategies are based on the diverse expertise in the area of security selection in the company’s various investment disciplines. They are supplemented by more cost-effective strategies from Avantis Investors, which, according to Weiss, combine the potential for added value with the consistency of indexing. The new series is further enhanced by American Century’s active strategies, including “focused” equity strategies targeting higher alpha potential and a unique new, low-volatility equity fund.
One Choice Blend + is managed by Weiss and co-portfolio managers Radu Gabudean, Vidya Rajappa, Scott Wilson and John Donner. The manager’s ongoing review process is overseen by the company’s Asset Allocation Committee.
About American Century Investments
American Century Investments is a leading global asset manager focused on delivering investment results, building long-term client relationships, while supporting research that can improve human health and save lives. Founded in 1958, American Century Investments’ 1,400 employees serve finance professionals, institutions, corporations and individual investors from their offices in new York;; London;; Frankfurt;; Hong Kong;; Sydney;; Mountain view, California;; and Kansas City, Mo. Jonathan S. Thomas is President and Chief Executive Officer, and Victor Zhang serves as chief investment officer. By providing investment results for clients, American Century Investments can distribute over 40 percent of its dividends to the Stowers Institute for Medical Research, a nonprofit basic biomedical research organization with 500 employees. The institute owns more than 40 percent of American Century Investments and has received dividend payments from $ 1.7 billion For more information on American Century Investments, please visit www.americancentury.com.
* Assets under management as of 02/28/21
** Assets under management as of 02/28/21
The target date on behalf of a Fund is the approximate year that investors plan to retire or withdraw their money. The net present value of the investment is never guaranteed, not even on the target date. Each target date portfolio seeks the highest total return that matches its proprietary asset mix. Over time, the asset mix and weighting will be adjusted more conservatively. Generally, as the target year approaches, the portfolio allocation becomes more conservative by decreasing the allocation to stocks and increasing the allocation to bonds.
The information is not intended as a personalized recommendation or fiduciary advice and should not be used for investment, accounting, legal or tax advice.
You should carefully consider the investment objectives, risks, and fees and expenses of the Fund before investing. The prospectus or the summary prospectus for the Fund, available at americancentury.com, contains this and other information about the Fund and should be read carefully before investing.
American Century Investment Services, Inc., distributor
© 2021 American Century Proprietary Holdings, Inc. All rights reserved.
SOURCE American Century Investments