- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 4500 Main Street Kansas City MO United States of America 64111
- IPO Date
- Mar 31, 2011
- Business
- American Century Investments One Choice 2055 Portfolio (AREVX) is a target-date mutual fund that seeks the highest total return consistent with its asset mix, designed for investors planning to retire around 2055; as the target date approaches, the fund automatically adjusts to a more conservative allocation by reducing exposure to stocks and increasing allocations to bonds and cash equivalents. The portfolio primarily invests in a diversified mix of underlying American Century mutual funds, including American Century Large Cap Equity Fund G Class (approximately 12-13%), American Century Focused Large Cap Value Fund G Class (approximately 12%), American Century Diversified Bond Fund G Class (approximately 10%), American Century International Growth Fund G Class (approximately 8%), and American Century Growth Fund G Class (approximately 7%), with current asset allocations of roughly 51% U.S. stocks, 27% non-U.S. stocks, 16% U.S. bonds, 4% non-U.S. bonds, and 1-2% cash. It operates within the target-date 2055 category, targeting individual and institutional investors in retirement planning, with total net assets of approximately $715-865 million USD and a net expense ratio of 0.89-0.90%.
The fund follows a predetermined glide path that becomes fixed at the target date, matching the One Choice In Retirement Portfolio's mix of 45% stock funds, 45% bond funds, and 10% money market funds, while exposing investors to risks such as market volatility, interest rate fluctuations, international investing, and small/mid-cap stock volatility through its underlying holdings. Launched on March 31, 2011, AREVX is managed by American Century Investments, an independent investment management firm founded in 1958 and headquartered at 4500 Main Street in Kansas City, Missouri; the firm maintains additional offices in New York, London, Hong Kong, and Sydney, serving clients globally with a focus on equities, fixed income, and alternative investments.
Recent developments include tactical asset allocation adjustments in Q2-Q3 2025, such as underweighting certain domestic equities (except large-cap growth), increasing international bond exposure for duration diversification, and emphasizing emerging markets, TIPS, and commodities to hedge against rate normalization and geopolitical risks. In September 2025, parent company American Century Investments surpassed $300 billion in assets under supervision, driven by client-focused innovations like expanded active ETFs, a new private investments team, and global capabilities. The firm also announced in July 2025 plans to close and liquidate certain non-core ETFs, such as the Quality Preferred ETF (QPFF), as part of portfolio optimization efforts.