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Article: American Century adds target maturity funds.(Product Watch)
- Article from:
- Investment News
- Article date:
- November 1, 2004
CopyrightCOPYRIGHT 2004 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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American Century Investments in Kansas City, Mo., has launched five target-dated mutual funds, the My Retirement Portfolios 2015, 2025, 2035, 2045 and Income. The funds are designed for investors seeking a core investment strategy for their retirement-planning needs, either inside or outside a formal retirement plan.
The portfolios are managed by the American Century asset allocation team, led by senior portfolio manager Jeffrey Tyler and portfolio manager Gina Sanchez. The funds invest in a combination of American Century mutual funds representing various asset classes and sectors, and are one of the most diversified life-cycle options available. The 15 ...