American Century One Choice Blend Plus 2020 Portfolio is a dynamically managed mutual fund designed as a comprehensive solution for retirement investors approaching or entering retirement. This fund’s primary purpose is to provide broad diversification and professional management through an asset allocation strategy that adjusts over time, moving toward a more conservative mix of investments as the target retirement year—2020—and thereafter is reached. The portfolio invests in a selection of underlying American Century Investments funds, balancing exposure to equities, bonds, and short-term instruments, with allocations shifting to reduce risk in retirement. Its key distinguishing feature is an automatically blended asset mix that becomes fixed and most conservative approximately five years after the target date. The fund serves participants seeking streamlined retirement planning, reducing the complexity of managing multiple investments. It plays a vital role in employer-sponsored retirement plans and individual retirement accounts, facilitating long-term wealth accumulation and smoothing the transition into retirement by modulating risk in line with the investor’s age and proximity to retirement.

American Century One Choice Blend Plus 2020 Portfolio is a dynamically managed mutual fund designed as a comprehensive solution for retirement investors approaching or entering retirement. This fund’s primary purpose is to provide broad diversification and professional management through an asset allocation strategy that adjusts over time, moving toward a more conservative mix of investments as the target retirement year—2020—and thereafter is reached. The portfolio invests in a selection of underlying American Century Investments funds, balancing exposure to equities, bonds, and short-term instruments, with allocations shifting to reduce risk in retirement. Its key distinguishing feature is an automatically blended asset mix that becomes fixed and most conservative approximately five years after the target date. The fund serves participants seeking streamlined retirement planning, reducing the complexity of managing multiple investments. It plays a vital role in employer-sponsored retirement plans and individual retirement accounts, facilitating long-term wealth accumulation and smoothing the transition into retirement by modulating risk in line with the investor’s age and proximity to retirement.