American Century One Choice Blend+ 2045 Portfolio I Class is a target-date mutual fund designed for individuals planning to retire around the year 2045. As a fund-of-funds, it invests primarily in a diversified mix of other American Century mutual funds and exchange-traded funds, providing broad exposure across domestic and international equities, fixed income securities, and short-term investments. The asset allocation is structured to become progressively more conservative as the target retirement date approaches—gradually shifting from a higher stock allocation toward more bonds and short-term assets to help manage risk as investors near retirement. This portfolio typically offers exposure to a wide range of sectors, including technology, healthcare, financials, and various fixed income segments, reflecting its objective of maximizing total return consistent with its evolving risk profile. The fund’s investment strategy is guided by American Century’s proprietary asset mix models, and its low relative expense ratio offers cost efficiency compared to similar target-date offerings. Overall, it serves as a comprehensive retirement planning solution, automatically adjusting its holdings over time to align with an investor’s changing needs as they approach and enter retirement.

American Century One Choice Blend+ 2045 Portfolio I Class is a target-date mutual fund designed for individuals planning to retire around the year 2045. As a fund-of-funds, it invests primarily in a diversified mix of other American Century mutual funds and exchange-traded funds, providing broad exposure across domestic and international equities, fixed income securities, and short-term investments. The asset allocation is structured to become progressively more conservative as the target retirement date approaches—gradually shifting from a higher stock allocation toward more bonds and short-term assets to help manage risk as investors near retirement. This portfolio typically offers exposure to a wide range of sectors, including technology, healthcare, financials, and various fixed income segments, reflecting its objective of maximizing total return consistent with its evolving risk profile. The fund’s investment strategy is guided by American Century’s proprietary asset mix models, and its low relative expense ratio offers cost efficiency compared to similar target-date offerings. Overall, it serves as a comprehensive retirement planning solution, automatically adjusting its holdings over time to align with an investor’s changing needs as they approach and enter retirement.