American Century One Choice Blend Plus 2020 Portfolio Investor Class is a target-date mutual fund designed primarily for individuals approaching or already in retirement. This fund follows a target-date strategy, meaning its asset allocation is tailored for investors planning to retire around the year 2020, with the portfolio transitioning to a more conservative mix of assets as the target date passes. Its principal function is to provide a professionally managed, diversified approach aimed at delivering steady income and managing risk during retirement years. The fund operates as a "fund of funds," investing in a combination of American Century and Avantis mutual funds across various asset classes, including U.S. and international equities, fixed income, and inflation-protected securities. This approach supports broad diversification and the active management of risk as market conditions and the retiree’s needs evolve. Notably, over 85% of its assets are concentrated in its top ten holdings, mainly fixed income and equity funds, reflecting a blend of income generation and moderate growth potential. American Century One Choice Blend Plus 2020 Portfolio Investor Class plays a significant role for investors seeking a comprehensive retirement solution that adapts its allocation over time, ultimately focusing on capital preservation and income consistent with retirement needs.

American Century One Choice Blend Plus 2020 Portfolio Investor Class is a target-date mutual fund designed primarily for individuals approaching or already in retirement. This fund follows a target-date strategy, meaning its asset allocation is tailored for investors planning to retire around the year 2020, with the portfolio transitioning to a more conservative mix of assets as the target date passes. Its principal function is to provide a professionally managed, diversified approach aimed at delivering steady income and managing risk during retirement years. The fund operates as a "fund of funds," investing in a combination of American Century and Avantis mutual funds across various asset classes, including U.S. and international equities, fixed income, and inflation-protected securities. This approach supports broad diversification and the active management of risk as market conditions and the retiree’s needs evolve. Notably, over 85% of its assets are concentrated in its top ten holdings, mainly fixed income and equity funds, reflecting a blend of income generation and moderate growth potential. American Century One Choice Blend Plus 2020 Portfolio Investor Class plays a significant role for investors seeking a comprehensive retirement solution that adapts its allocation over time, ultimately focusing on capital preservation and income consistent with retirement needs.