American Century Investments Lowers Fund Minimums; American Century Sets $500 Initial Minimum Investment For Target-Date and Risk-Based Funds.KANSAS CITY Kansas City, two adjacent cities of the same name, one (1990 pop. 149,767), seat of Wyandotte co., NE Kansas (inc. 1859), the other (1990 pop. 435,146), Clay, Jackson, and Platte counties, NW Mo. (inc. 1850). , Mo. -- American Century Investments American Century Investments is a privately held investment management firm. Its headquarters are located at 4500 Main in Kansas City, Missouri, near the famous Country Club Plaza. It was formerly known as Twentieth Century Investments. The company was founded by James E. today announced new lower minimums on two popular series of asset allocation funds asset allocation fund An investment company that varies the proportion of its portfolio devoted to stocks, bonds, and money market securities in order to reduce the variability of returns and to take better advantage of different segments of the securities . LIVESTRONG(TM) Portfolios from American Century This article is about the term used for American power in the 20th century. For the investment company, see American Century Investments. "American Century" is a term coined by Time and One Choice Portfolios(SM) now have a $500 minimum. The lower amount required to invest in either product gives investors with less money to invest the ability to put more in a diversified diversified (di·verˑ·s asset allocation fund. As Americans, particularly younger ones, come to grips with the best way to reach their financial goals, the company is pleased to be able to reduce the amount required to open new accounts, commented Donna Byers, American Century senior vice president for Direct Sales and Services. "At American Century we're dedicated to helping people get started with investing," she said. "One way we are trying to help the average investor get started is our recent partnership with Lance Armstrong Lance Armstrong (born Lance Edward Gunderson on September 18, 1971) is a retired American professional road racing cyclist. He won the Tour de France—cycling's most prestigious race—seven consecutive times, from 1999 to 2005. , the personification personification, figure of speech in which inanimate objects or abstract ideas are endowed with human qualities, e.g., allegorical morality plays where characters include Good Deeds, Beauty, and Death. of drive and focus. We believe Lance can motivate people to take direct action to reach their financial goals. With lower minimums, our funds and services are accessible to even more people," said Byers. Previous minimums for American Century's One Choice Portfolios and LIVESTRONG Portfolios were $2,500. The new minimum requires an initial investment of at least $500 and subsequent enlistment ENLISTMENT. The act of making a contract to serve the government in a subordinate capacity, either in the army or navy. The contract so made, is also called an enlistment. See, as to the power of infants to enlist, 4 Binn. 487; 5 Binn. 423; Binn. 255; 1 S. & R. 87; 11 S. & R. 93. in automatic monthly investments of at least $100 until reaching $2,500. To open an account, individuals should call American Century at 800-345-2021 or visit an investor center at an American Century office. The LIVESTRONG and One Choice Portfolios are time horizon-based and risk-based funds, respectively. Both are designed to give investors a well-balanced investment plan while helping them stay on course to reach financial goals. The LIVESTRONG Portfolios offer investors a convenient way to take control of their finances, while supporting the mission of the Lance Armstrong Foundation (LAF LAF Lance Armstrong Foundation (non-profit cancer organization) LAF Look and Feel LAF Laugh LAF Lebanese Armed Forces LAF Liquidity Adjustment Facility LAF Lost And Found LAF Laminar Air Flow ) to inspire and empower people affected by cancer. The management company of American Century has committed to financially support the LAF, and investors in LIVESTRONG Portfolios can influence that support. Every dollar invested in LIVESTRONG Portfolios helps determine the amount American Century's management company will pay to the LAF above its guaranteed financial commitment. The One Choice Portfolios allow investors to combine their risk tolerance Risk Tolerance The degree of uncertainty that an investor can handle in regards to a negative change in the value of their portfolio. Notes: An investor's risk tolerance varies according to age, income requirements, financial goals, etc. with American Century's professional market insight. Each fund offers a unique blend of stock, bond and money market investments, an investment mix exclusively of American Century mutual funds, to help investors reach long-term investment goals. About American Century Investments American Century Investments is a leading investment manager with nearly 50 years of experience helping investors achieve their financial goals. Serving financial professionals, institutions, corporations and 1.2 million individual investors, American Century offers a broad array of products across a variety of investment disciplines. Based in Kansas City, Mo., the company manages more than $97 billion in assets through mutual funds, separate accounts, commingled trusts, sub-advisory accounts and institutional products. James E. Stowers James E. Stowers (born 1924) is the founder of American Century Investments and the Stowers Institute for Medical Research. Born and raised in Kansas City, Missouri, Jim Stowers graduated from Kemper Military School in Boonville, Missouri. Jr. founded the company in 1958. His son, James E. Stowers III, is chairman and William M. Lyons is president and chief executive officer. For the past seven years, American Century, which employs 1,900 people, has been selected as one of FORTUNE Magazine's 100 Best Companies to Work for in America. For more information, visit www.americancentury.com or www.livestrongportfolios.com. Before investing, carefully consider the fund's investment objectives, risks, charges and expenses. Contact 800-345-2021 for a prospectus containing this and other information. Read it carefully. American Century Investment Services, Inc. has entered into an agreement with the Lance Armstrong Foundation for rights to use the LIVESTRONG name. LIVESTRONG is a trademark of the Lance Armstrong Foundation. For more information about the foundation, visit www.livestrong.org. The performance of the portfolios is dependent on the performance of their underlying American Century funds, and will assume the risks associated with these funds. The risks will vary according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. each portfolio's asset allocation Asset Allocation The process of dividing a portfolio among major asset categories such as bonds, stocks or cash. The purpose of asset allocation is to reduce risk by diversifying the portfolio. , and a fund with a later target date is expected to be more volatile than one with an earlier target date. The performance of the portfolios is dependent on the performance of their underlying American Century funds, and will assume the risks associated with these funds. The risks will vary according to each portfolio's asset allocation, and the risk level assigned to each portfolio is intended to reflect the relative short-term price volatility among the funds in each. |
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