Quarterly Crib Sheet – American Century Target Date Funds
How did our target-date funds fare during the most recent quarter? CIO Rich Weiss breaks it down to help defined contribution fiduciaries prep for investment committee meetings and other client conversations.
Key Takeaways
Our first target date strategy was launched in 2004. Today we manage approximately 26 billion in our target date series.
We’ve earned accolades for our risk-adjusted performance – including the 2023 Refinitiv Lipper Fund Award for 10-year performance of the One Choice In Retirement strategy.
One Choice Target Date Portfolios have consistently delivered strong performance during major market drawdowns.
By preserving more capital on the downside and managing the impacts of various sources of risk, One Choice Portfolios have delivered top-quartile performance versus peers over a full market cycle.
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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. Investments are subject to market risk.
The information is not intended as a personalized recommendation or fiduciary advice and should not be relied upon for investment, accounting, legal or tax advice.
The target date in a fund's name 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 fund seeks the highest total return consistent with American Century Investments' 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 cash equivalents.
The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers.
The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is an objective, quantitative, risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information, see lipperfundawards.com . Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data used to calculate the awards, their accuracy is not guaranteed.
Refinitiv Lipper Fund Awards, ©2025 Refinitiv. All rights reserved. Used under license.
The American Century Retirement Date Collective Investment Trust consists of a series of common or collective trust funds established and maintained by Global Trust Company (GTC) under a declaration of trust. American Century Investment Management, Inc. is the advisor to the trust. The trust is not registered with or required to file prospectuses or registration statements with the SEC or any other regulatory body, and accordingly, neither is available. The trust is available only to certain qualified retirement plans and governmental plans and is not offered to the general public. Units of the trust are not a bank deposit and not insured or guaranteed by any bank, government entity, the FDIC or any other type of deposit insurance. You should carefully consider the investment objectives, risk, charges, and expenses of the trusts before investing.
Global Trust Company is a Maine chartered non-depositary Trust Company. As an independent fiduciary and fund sponsor, GTC maintains the fund and oversees all compliance related functions for the fund including trade monitoring, pricing, performance, annual reporting and investor eligibility.
The American Century Retirement Date Hybrid Trust and American Century Retirement Readiness Trust consist of a series of common or collective trust funds established and maintained by Benefit Trust Company under a declaration of trust. American Century Investment Management, Inc. is the advisor to the trust. The trust is not registered with or required to file prospectuses or registration statements with the SEC or any other regulatory body, and accordingly, neither is available. The trust is available only to certain qualified retirement plans and governmental plans and is not offered to the public. Units of the trust are not a bank deposit and not insured or guaranteed by any bank, government entity, the FDIC, or any other type of deposit insurance. You should carefully consider the investment objectives, risk, charges, and expenses of the trusts before investing.
Benefit Trust Company (BTC) is a non-depositary trust company with operations in Overland Park, Kansas. As an independent fiduciary and fund sponsor, BTC maintains the fund and oversees all compliance related functions for the fund including trade monitoring, pricing, performance, annual reporting and investor eligibility. American Century is not affiliated with Empower Retirement, Empower Financial Services, Inc., or its parent company Empower Annuity Insurance Company of America.
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