- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 4500 Main Street Kansas City MO United States of America 64111
- IPO Date
- Sep 1, 2004
- Business
- American Century One Choice in Retirement Portfolio Investor Class (ARTOX) operates as a "fund of funds" within the target-date retirement category, seeking current income as its primary objective and capital appreciation as a secondary goal by investing principally in other American Century mutual funds representing diverse asset classes and investment styles. The portfolio maintains a neutral, fixed allocation of approximately 45% in equity securities through stock funds such as American Century Large Cap Equity Fund G Class and Focused Large Cap Value Fund G Class; 45% in fixed-income securities via bond funds including American Century Diversified Bond Fund G Class, Global Bond Fund G Class, and Short Duration Fund G Class; and 10% in cash equivalents through money market funds, with top holdings comprising nearly 60% of the portfolio and diversification across U.S. bonds (45.65%), U.S. stocks (30.61%), non-U.S. stocks (11.54%), and non-U.S. bonds (9.25%). Launched on August 31, 2004, the fund is managed by a team including Scott Wilson (since 2006), Richard Weiss (since 2010), Radu Gabudean (since 2013), Vidya Rajappa (since 2018), and Brian Garbe (since 2023); it features a net expense ratio of 0.76%, minimum initial investments of $2,500 for non-retirement accounts or $1,000 for IRAs (with waivers available), and serves investors primarily in the United States through brokerage platforms and retirement accounts. American Century Investments, the fund's sponsor, founded in 1958 and headquartered in Kansas City, Missouri, manages over $300 billion in assets across mutual funds, ETFs, retirement solutions, and private investments as of September 2025, with global offices in New York, London, Hong Kong, and Sydney; the firm directs more than 40% of profits to the Stowers Institute for Medical Research and maintains a strategic partnership with Nomura Holdings, which holds a non-controlling economic interest. Recent developments include a management fee schedule reduction effective December 1, 2024, with a waiver extended through November 30, 2025; the firm's expansion into private markets via the 2023 acquisition of the 3x5 Partners venture capital team to focus on early-stage health care and climate investments; and surpassing $300 billion in assets under supervision in September 2025 amid growth in active ETFs and institutional client allocations.