One Choice 2015 Portfolio

as of 04/22/14
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Daily Price (04/22/14) $ 13.61 Daily Change: $+0.03 (+0.22%)  
Investment Objective: Growth Ticker Symbol: ARFIX
Fund Type: Asset Allocation Balanced Funds Fund Code: 952
Share Class: Investor Inception Date: 08/31/04
Total Assets: $606,286,531.71 Newspaper Symbol: OCP2015

Data reflects past performance for Investor Class shares, assumes reinvestment of dividends and capital gains and is no guarantee of future results. Current performance may be higher or lower than data shown. Investment return and principal value fluctuates. Redemption value may be more or less than original cost. Obtain performance data current to the most recent month end. For additional share class information, consult the prospectus.

  Total Return Average Annual Total Return as of 03/31/2014 Expense
as of
as of
1 yr
3 yr 5 yr 10 yr 20 yr Life
  +2.10% +9.04% +7.88% +12.33% --% --% +6.59% 0.79% 08/31/04
(as of 03/31/2014)
-- --
5 out of 5 Stars

3 out of 5 Stars
4 out of 5 Stars Overall
Funds rated in category:----140 116 -- --140
Morningstar Category: Target Date 2011-2015
Lipper Quartiles & Rankings:L1--Quartile Ranking
Quartile Ranking
Quartile Ranking
Ranking for Mixed-Asset Target 2015 Funds as of 03/31/2014, based on total returns.

M1For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that account for variation in a fund's monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The Overall Morningstar Rating™ for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating™ metrics. Past performance is no guarantee of future results. Morningstar Rating™ is for Investor share class only; other classes may have difference performance characteristics.

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As of 12/1/2013. Allocations subject to change.

One Choice Portfolio Pie Chart

 Stock Funds
 Bond Funds
  Money Market Funds

Yields  as of 03/31/2014
30 Day SEC YieldQ3: 1.18%
7-Day CurrentQ1: --%
7-Day Effective CompoundQ2: --%
Fund Management

Scott Wittman, CFA, CAIA
Scott Wittman, CFA, CAIA
Chief Investment Officer, Asset Allocation & Disciplined Equity
Senior Vice President, Senior Portfolio Manager

Richard Weiss
Richard Weiss
Senior Vice President, Senior Portfolio Manager

Scott Wilson, CFA
Scott Wilson, CFA
Vice President, Portfolio Manager

Radu Gabudean, Ph.D.
Radu Gabudean, Ph.D.
Vice President, Portfolio Manager

Fund Composition
Portfolio Composition

MPT Statistics(2),F (02/28/2014)
Alpha/3 Yr0.37
Beta/3 Yr0.52
Rsquared/3 Yr0.93
Std. Deviation/3 Yr6.70
Sharpe Ratio/3 Yr1.16
      Capital Gains Per Share
Date Reinvestment Price Dividends Per Share Short-Term Long-Term Unrecaptured Section 1250v3
12/30/13 $13.31 $0.2776 $0.0117 $0.1650 --
Individual Automatic   Retirement UGMA/UTMA
$2,500.00 $50.00   $2,500.00 $2,500.00
Eligible for:     Online Account Access: Yes
Retirement Investment: Yes   Telephone Transactions: Yes
Check Writing: No   Automated Info Line Transactions: Yes
Direct Deposit: Yes   Wire and ACH Transactions: Yes
Direct Deposit Minimum: $50.00      
Fees and Expenses
  Annual Fund Operating Expenses (expenses that are deducted from fund assets)
  Total Annual Fund Operating Expenses 0.79%


(*) The annual expense ratio is based on expenses incurred by the fund, as stated in the most recent prospectus.

The performance of the portfolios is dependent on the performance of their underlying American Century Investments' funds and will assume the risks associated with these funds. The risks will vary according to each portfolio's asset allocation, and a fund with a later target date is expected to be more volatile than one with an earlier target date.

(2) Relative to S&P 500® Index.

© 2012 Standard & Poor's Financial Services LLC. All rights reserved. For intended recipient only. No further distribution and/or reproduction permitted. Standard & Poor's Financial Services LLC ("S&P") does not guarantee the accuracy, adequacy, completeness or availability of any data or information contained herein and is not responsible for any errors or omissions or for the results obtained from the use of such data or information. S&P GIVES NO EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE IN CONNECTION TO THE DATA OR INFORMATION INCLUDED HEREIN. In no event shall S&P be liable for any direct, indirect, special or consequential damages in connection with recipients' use of such data or information.

For a detailed description of any index referenced above, refer to our Glossary.

L1Lipper rankings are based on average annual total returns. Portions of the mutual fund performance information contained on this page were supplied by Lipper, a Reuters Company, subject to the following: Copyright © 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.

G1Fund performance may be subject to substantial short-term changes due to market volatility or other factors.

Q1The 7-day Current Yield is calculated based on the income generated by an investment in the fund over a seven-day period and is expressed as an annual percentage rate.

Q2The 7-day Effective Yield is calculated similarly, although this figure is slightly higher than the fund's 7-day Current Yield because of the effects of compounding. The 7-day Effective Yield assumes that income earned from the fund's investments is reinvested and generating additional income.

Q330-day SEC Yield represents net investment income earned by a fund over a 30-day period, expressed as an annual percentage rate based on the fund's share price at the end of the 30-day period. The SEC Yield should be regarded as an estimate of the fund's rate of investment income, and it may not equal the fund's actual income distribution rate, the income paid to a shareholder's account, or the income reported in the fund's financial statements.

V1Gains on assets held less than 12 months that are taxed as ordinary income

V2Gains for assets held more than 12 months; taxed at 5% or 15% depending on your tax bracket.

V3Unrecaptured Section 1250 gains from certain depreciable real property, taxed at 25%.

W1American Century Investments will waive the fund minimum if you make an initial investment of at least $500 and continue to make automatic investments of at least $100 a month until reaching the fund minimum. If your account balance falls below the minimum initial investment amount or if you cancel your automatic monthly investment plan prior to reaching the fund minimum, American Century reserves the right to redeem the shares in the account and send the proceeds to your address of record. Prior to doing so, we will notify you and give you 90 days to meet the minimum or reinstate your automatic monthly investment plan. Please call an investment consultant for more information.


(A) Top Ten Holdings - This value represents the top ten holdings included in the portfolio on a percent of assets basis.
(F) MPT Statistics - Modern Portfolio Theory uses statistics such as Alpha, Beta, and R-Squared as part of a strategy to quantify the relationship between the risk and return of a security.

Alpha/3yr (annualized) - Shows how a fund did relative to what would have been expected given the fund's Beta and the performance of the benchmark index. For example, an alpha of 1.4 means that the fund outperformed its estimated return (based on market activity alone) by 1.4%.

Beta/3yr - A measure of how volatile a fund's returns have been compared to its benchmark index. The benchmark's beta always equals 1. A fund with a beta greater than 1 had returns that fluctuated more than those of its benchmark. A fund with a beta of less than 1 had returns that fluctuated less.

Rsquared/3yr - Measures what percentage of a fund's returns may be attributed to the returns of a benchmark index. R-Squared ranges from 0 (no correlation between a fund and its benchmark) to 1 (perfect correlation).

Std. Deviation/3yr (annualized) - Defines how widely returns varied from an average over a given period of time. A higher standard deviation means a more volatile fund. For example, a fund with a standard deviation of 6 and an average annual return of 10% saw annualized monthly returns fall within 6 percentage points of that average (or between 4% and 16%) two-thirds of the time.

Sharpe Ratio/3yr - Measures the potential reward offered by a mutual fund relative to its risk level. Developed by William Sharpe, the ratio uses a fund's standard deviation and its excess return to determine reward per unit of risk. The higher the sharpe ratio, the better the fund's historical risk-adjusted performance.

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