About ARDUX
American Century One Choice 2040 Portfolio R6 Class is a target-date mutual fund designed to help investors prepare for retirement around the year 2040. This portfolio employs a diversified, multi-asset approach by allocating its assets across various underlying American Century mutual funds, representing a broad mix of equities, bonds, and cash equivalents. The fund’s asset allocation shifts over time following a predetermined glide path: initially, it favors equity investments for growth potential, but as the target retirement date approaches, it gradually becomes more conservative, increasing allocations to fixed income and money market instruments.
Noteworthy features of this portfolio include its focus on risk management as investors near retirement and its use of a “flat glide path,” which aims to mitigate drawdowns during the saving years but may introduce higher volatility in early retirement. The fund primarily serves individuals saving for retirement in workplace plans or through financial advisors, catering to those who seek an all-in-one solution aligned with a specific retirement timeline. With a wide diversity of holdings and active allocation management, American Century One Choice 2040 Portfolio R6 Class plays a significant role in the target-date fund sector, providing a streamlined, adaptive strategy for long-term retirement planning.
Fund Family American Century Investments
Category Target-Date 2040
Performance Rating Low
Risk Rating Low
Stock Exchange Nasdaq
Ticker Symbol ARDUX
Share Class R6 Class
Index S&P Target Date To 2040 TR
ARDUX had a total return of 7.19% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.36%.
