Article: American Century adds target maturity funds.(Product Watch)

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 ...

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