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KANSAS CITY, MO --(Marketwired - March 23, 2016) - For the second year in a row, the Thomson Reuters Lipper Fund Awards U.S. honored American Century Investments One Choice® In Retirement Portfolio - Institutional Class (ATTIX) for its risk-adjusted mutual fund performance over multiple time periods. Within Lipper's Mixed-Asset Target Today classification, One Choice In Retirement was ranked as the top fund against 125 peers for the three-year period, 111 peers for the five-year period and 49 peers for the 10-year period, ending November 30, 2015. One Choice In Retirement received the same recognition at last year's award program.
For more than three decades and in over 20 countries worldwide, the Thomson Reuters Lipper Fund Awards have honored funds and fund management firms that have "excelled in providing consistently strong risk-adjusted performance relative to their peers," based on Thomson Reuters Lipper's proprietary performance-based methodology. The 2016 U.S. awards were presented March 22, 2016, at a ceremony in New York.
"We're honored that Thomson Reuters Lipper has recognized the performance record of One Choice In Retirement for the second year in a row," said Scott Wittman, American Century Investments chief investment officer responsible for asset allocation and disciplined equity strategies. "As a key component of our One Choice Target Date Portfolios series, One Choice In Retirement seeks to strike a balance between providing income and maintaining enough growth potential to fund a long retirement. The combination of a risk-aware glide path, effective diversification and disciplined active management have made our One Choice Target Date Portfolios a popular option for plan sponsors for more than a decade."
In addition to Wittman, the other portfolio managers on the One Choice Target Date Portfolios team are the firm's Co-Chief Investment Officer Dave MacEwen, Senior Vice President Rich Weiss and Vice Presidents Scott Wilson and Radu Gabudean. Launched in August 2004, the popular fund-of-funds target date series has attracted approximately $16 billion* in client assets.
American Century Investments is a leading privately held investment management firm, committed to delivering superior investment performance and building long-term client relationships since its founding in 1958. Serving investment professionals, institutions, corporations and individual investors, American Century Investments offers a variety of actively managed investment disciplines through an array of products including mutual funds, institutional separate accounts, commingled trusts and sub-advisory accounts. The company's 1,300 employees serve clients from offices in New York; London; Hong Kong; Mountain View, Calif.; and Kansas City, Mo. Jonathan S. Thomas is president and chief executive officer, and Victor Zhang and David MacEwen serve as co-chief investment officers.
Delivering investment results to clients enables American Century Investments to distribute over 40 percent of its profits to the Stowers Institute for Medical Research, a 500-person, non-profit basic biomedical research organization. The Institute is the controlling owner of American Century Investments and has received dividend payments totaling over $1.2 billion since 2000. For more information about American Century Investments, visit www.americancentury.com.
You should consider the fund's investment objectives, risks, charges and expenses carefully before you invest. The fund's prospectus or summary prospectus, which can be obtained by visiting americancentury.com, contains this and other information about the fund, and should be read carefully before investing. Past performance is no guarantee of future results
The Thomson Reuters Lipper Fund Awards honor individual funds that have delivered stronger and more consistent risk-adjusted performance than their peers over the three-, five-, and 10-year periods ended Nov.30, 2015. Thomson Reuters Lipper's proprietary mutual fund rating methodology is used to determine the winners. To be considered for a fund award in the U.S. funds must have at least 36 months of performance history and must be classified in a peer group with at least 10 distinct portfolios. The fund with the highest Lipper Leader rating for Consistent Return value in each eligible classification determines the classification winner over three, five, or 10 years. Other share classes may have different performance and expense characteristics. For detailed information about the Thomson Reuters Lipper Fund Awards methodology visit http://www.lipperfundawards.com.
Lipper rankings are based on average annual total returns. Portions of the mutual fund performance information contained on this page were supplied by Lipper, a Thomson Reuters Company, subject to the following: Copyright 2016 ®Thomson Reuters. All rights reserved. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Performance data is preliminary and subject to revision. Rankings are based on all classes available within the classification as of the date shown. Rankings are based only on the universe shown.
A One Choice Target Date Portfolio's target date is the approximate year when investors plan to retire or start withdrawing their money. The principal value of the investment is not guaranteed at any time, including at the target date. Each target-date One Choice Target Date Portfolio seeks the highest total return consistent with American Century's proprietary asset mix. Over time, the asset mix and weightings are adjusted to be more conservative. In general, as the target year approaches, the portfolio's allocation becomes more conservative by decreasing the allocation to stocks and increasing the allocation to bonds and money market instruments. By the time each fund reaches its target year, its target asset mix will become fixed and will match that of One Choice In Retirement Portfolio.
*Composite assets under management for the One Choice Target Date Portfolios on Feb. 29, 2016 were $15.9 billion.
American Century Investment Services, Inc., Distributor
©2016 American Century Proprietary Holdings, Inc.