American Century Launches One Choice Portfolios.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. -- In response to investors' desire for simple, diversified diversified (di·verˑ·s investment alternatives, 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. tomorrow will launch five new, risk-based 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 . Called One Choice Portfolios, these "funds of funds" range from Very Conservative to Very Aggressive. Each fund is a core portfolio, asset allocation fund whose objective is to seek the highest total return consistent with its asset mix. Each fund's asset mix will correspond to its unique level of short-term Short-term Any investments with a maturity of one year or less. short-term 1. Of or relating to a gain or loss on the value of an asset that has been held less than a specified period of time. price volatility or risk. 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 One Choice Portfolio funds are managed by Jeff Tyler Tyler, city (1990 pop. 75,450), seat of Smith co., E Tex.; inc. 1850. In the heart of the rich East Texas oil field, Tyler has refineries and other oil-based industries. and Gina Sanchez San·chez , Sonia Originally Wilsonia Driver. Born 1934. American poet, playwright, and African-American activist known for her use of urban speech rhythms and dialect in plays such as Malcolm/Man Don't Live Here No Mo . This is the same portfolio management team responsible for American Century's other 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. products, the My Retirement Portfolio funds and the Strategic Allocation The apportionment or designation of an item for a specific purpose or to a particular place. In the law of trusts, the allocation of cash dividends earned by a stock that makes up the principal of a trust for a beneficiary usually means that the dividends will be treated as funds. These funds are appropriate for investors who want to delegate A person who is appointed, authorized, delegated, or commissioned to act in the place of another. Transfer of authority from one to another. A person to whom affairs are committed by another. A person elected or appointed to be a member of a representative assembly. their investment decisions to professionals with the expertise to build a diversified investment portfolio, 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. Sanchez. "With five available risk levels to choose from, investors can easily select the portfolio that best aligns with their specific risk/reward tolerances," Sanchez said. "Additionally, because of the funds-of-funds structure, they can easily evaluate how the One Choice Portfolios work and look at the performance of the underlying investments." The One Choice Portfolios utilize the same proprietary asset allocation methodology used to construct the Strategic Allocation funds and the My Retirement Portfolios. Similar to the Strategic Allocation funds, the One Choice Portfolios seek to maintain appropriate levels of asset allocation and style diversification Diversification A risk management technique that mixes a wide variety of investments within a portfolio. It is designed to minimize the impact of any one security on overall portfolio performance. Notes: Diversification is possibly the greatest way to reduce the risk. based upon a static risk profile. However, the One Choice Portfolios achieve that goal via a funds-of-funds structure that combines 11 other American Century funds to achieve a unique asset mix of stock, bond and other money market investments. While the My Retirement Portfolios are constructed based on investors' time horizons, the One Choice Portfolios are designed to accommodate varying degrees of 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. . The One Choice Portfolios will have the following neutral asset class weightings and related strategies (asset weights as a percentage of portfolio weight):
One Choice Equity - Bond - Cash - Strategy
Portfolio Neutral Neutral Neutral
Weight Weight Weight
----------------------------------------------------------------------
Very Conservative 25% 50% 25% Emphasis on current
income. Primarily
invests in American
Century bond & money
market funds, but will
also invest a portion
in American Century
equity funds for a
degree of long-term
appreciation.
----------------------------------------------------------------------
Conservative 45% 45% 10% Emphasis on current
income with some long-
term appreciation.
Primarily invested in
American Century bond
& money market funds,
but will also take a
sizable position in
American Century
equity funds.
----------------------------------------------------------------------
Moderate 63% 31% 6% Emphasis on long-term
appreciation with some
current income.
Primarily invested in
American Century
equity funds, but will
also take a sizable
portion in American
Century bond funds. A
small position will be
taken in American
Century money market
funds.
----------------------------------------------------------------------
Aggressive 78% 20% 2% Emphasis on long-term
appreciation.
Primarily invested in
American Century
equity funds, but will
take a small position
in American Century
bond and money market
funds for current
income.
----------------------------------------------------------------------
Very Aggressive 95% 3% 2% Emphasis on long-term
appreciation.
Primarily invested in
American Century
equity funds, but will
take a very small
position in American
Century bond and money
market funds.
----------------------------------------------------------------------
Over the long term, each of the One Choice Portfolios is generally expected to reflect a designated neutral asset mix. However, the funds' managers can make adjustments to the asset mix if they believe there is an opportunity to increase their position in an underlying mutual fund investment that is currently undervalues. Jeff Tyler, senior vice president and senior portfolio manager, joined American Century in 1987. He holds a master's degree master's degree n. An academic degree conferred by a college or university upon those who complete at least one year of prescribed study beyond the bachelor's degree. Noun 1. in finance and economics from The Kellogg Graduate School of Management at Northwestern University Northwestern University, mainly at Evanston, Ill.; coeducational; chartered 1851, opened 1855 by Methodists. In 1873 it absorbed Evanston College for Ladies. and a bachelor's degree in business economics from the University of California, Santa Barbara History The predecessor to UCSB, Santa Barbara State College, focused on teacher training, industrial arts, home economics, and foreign languages. Intense lobbying by an interest group in the City of Santa Barbara led by Thomas Storke and Pearl Chase persuaded the State . He is a Chartered Financial Analyst Chartered Financial Analyst (CFA) An experienced financial analyst who has passed examinations in economics, financial accounting, portfolio management, security analysis, and standards of conduct given by the Institute of Chartered Financial Analysts. . Gina Sanchez, portfolio manager, joined American Century in 1998. She holds a master's degree in international economic policy from Stanford University Stanford University, at Stanford, Calif.; coeducational; chartered 1885, opened 1891 as Leland Stanford Junior Univ. (still the legal name). The original campus was designed by Frederick Law Olmsted. David Starr Jordan was its first president. and an A.B. degree in economics from Harvard University Harvard University, mainly at Cambridge, Mass., including Harvard College, the oldest American college. Harvard College Harvard College, originally for men, was founded in 1636 with a grant from the General Court of the Massachusetts Bay Colony. . Tyler and Sanchez work with American Century portfolio managers from across the investment spectrum. Each asset class in the fund is actively managed by the American Century team with expertise in the specific investment strategy. To learn more about One Choice Portfolios funds, call 800-345-2021 or visit www.americancentury.com. American Century is a leading investment manager with more than 45 years of experience helping investors achieve their financial goals. Serving institutions, corporations, investment professionals and nearly 1.5 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 approximately $89 billion in assets through separate accounts, commingled trusts, subadvisory accounts and mutual funds. 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 and serves as chairman. His son, James E. Stowers III, is co-chairman and William M. Lyons is president and chief executive officer. For the past five years, American Century, which employs approximately 1,800 people, has been selected as one of FORTUNE Magazine's 100 Best Companies to Work for in America. For more information about the company, visit www.americancentury.com. You should consider the fund's investment objectives, risks and charges and expenses carefully before you invest. The fund's prospectus, which can be obtained by calling 800-345-2021 (or by visiting the website), contains this and other information about the fund, and should be read carefully before investing. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion