- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 4500 Main Street Kansas City MO United States of America 64111
- IPO Date
- May 30, 2008
- Business
- American Century Investments One Choice 2030 Portfolio Investor Class (ARCVX) is a target-date mutual fund that seeks the highest total return consistent with its time-based asset mix, targeting investors planning to retire around 2030. The fund operates as a "fund of funds," investing primarily in other American Century mutual funds, including equity funds such as American Century Large Cap Equity Fund G Class, American Century Focused Large Cap Value Fund G Class, and international equity options; fixed income funds like American Century Diversified Bond Fund G Class, American Century Global Bond Fund G Class, and American Century Short Duration Fund G Class; as well as allocations to non-U.S. stocks, cash equivalents, and other asset classes to balance growth and preservation. Its strategic asset allocation features approximately 40.91% U.S. bonds, 33.88% U.S. stocks, 13.47% non-U.S. stocks, 8.97% non-U.S. bonds, and smaller cash and other holdings, with a glide path that gradually shifts toward conservatism by increasing bonds and cash while reducing equities as the 2030 target date nears, eventually aligning with the One Choice In Retirement Portfolio's mix of 45% stocks, 45% bonds, and 10% money market funds.
Launched on May 30, 2008, the fund is managed by a team including Scott Wilson (since inception), Richard Weiss, Radu Gabudean, Vidya Rajappa, and Brian Garbe, with total net assets of approximately $1.38 billion and a net expense ratio of 0.80%; it is available to U.S. investors through brokerage platforms with minimum initial investments of $2,500 for non-retirement accounts ($1,000 for IRAs) and additional investments of $50. American Century Investments, the fund's sponsor, was founded in 1958 by James E. Stowers Jr. as Twentieth Century Mutual Funds (renamed in 1997) and maintains headquarters at 4500 Main Street in Kansas City, Missouri, with additional offices in New York, London, Hong Kong, and Sydney; the firm manages over $300 billion in assets as of September 2025 and holds a strategic partnership with Nomura, which acquired a 41% economic interest in 2016.
Recent developments include a management fee schedule reduction effective December 1, 2024, alongside a temporary waiver through November 30, 2025, aimed at enhancing investor returns amid shifting interest rates. In response to 2025's macroeconomic environment, including divergent rates and geopolitical risks, the One Choice series—including the 2030 Portfolio—implemented tactical asset allocation adjustments in Q2 2025, such as underweighting most domestic equities (except large-cap growth), overweighting international bonds for duration diversification, and increasing exposure to emerging markets, TIPS, and commodities to hedge inflation and shocks. Quarterly commentaries for Q3 2025 noted positive returns driven by Federal Reserve actions on job market weakness, reflecting ongoing glide-path optimization for retirement savers.