- 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 2050 Portfolio Investor Class (ARFVX) operates as a target-date mutual fund managed by American Century Investments, seeking the highest total return consistent with its time-based asset mix for investors planning retirement around 2050. The fund invests primarily in a diversified portfolio of underlying American Century mutual funds, encompassing equity funds (including U.S., international, and emerging markets stocks), fixed income funds (such as government, corporate, and high-yield bonds), and short-term investments; as the target date approaches, allocations automatically shift to become more conservative by decreasing equities exposure and increasing bonds and cash equivalents. It features a distinctive flat glide path designed to mitigate drawdowns during accumulation while maintaining growth potential, with an adjusted expense ratio of 0.88%, total assets under management of approximately $1.1 billion, and availability to individual investors via no-load Investor Class shares subject to minimum initial investments of $2,500 for non-retirement accounts (waivable with automatic plans).
American Century Investments, the fund's manager and sponsor, founded in 1958 and headquartered at 4500 Main Street in Kansas City, Missouri, provides a broad range of actively managed investment products including mutual funds, ETFs, separately managed accounts, collective investment trusts, and private investments across equity, fixed income, and alternative strategies; the firm maintains global operations with offices in New York, London, Hong Kong, and Sydney. The company directs over 40% of profits to the Stowers Institute for Medical Research, its controlling shareholder, supporting over $2 billion in medical research funding since 2000.
In recent developments, American Century Investments surpassed $300 billion in assets under supervision in September 2025, fueled by client-focused innovations such as expanded active ETF offerings, a new private investments team launched in 2023 via the integration of the 3x5 Partners venture capital group targeting healthcare and climate opportunities, and ongoing enhancements to target-date portfolios including tactical glide-path optimizations amid shifting interest rates. The firm continues to evolve its One Choice series, maintaining low portfolio turnover of 14% for ARFVX and adapting asset allocations to economic conditions, with no major reorganizations or name changes reported for the fund itself. Nomura Holdings retains a minority economic stake acquired in 2015, underscoring stable strategic alliances.