About ARFEX
American Century One Choice 2050 Portfolio R6 is a target-date mutual fund designed primarily for investors planning to retire around the year 2050. Its central purpose is to provide a diversified, professionally managed investment solution that adjusts its asset allocation over time as the target retirement date approaches. The fund employs a fund-of-funds structure, investing in a mix of underlying American Century mutual funds representing a broad array of asset classes, including domestic and international equities, bonds, and other securities.
A distinguishing feature of this portfolio is its relatively flat glide path, maintaining a high equity allocation of around 85% well into the investment's lifespan, which is lower than the category average and aims to reduce the risk of sharp drawdowns while possibly increasing volatility for retirees. This mix gradually becomes more conservative as 2050 nears, aligning with the need to reduce risk as investors approach retirement. The portfolio is diversified globally, with substantial allocations to U.S. and international stocks, as well as fixed income assets.
Managed by an experienced team, the fund is intended for investors seeking a hands-off, lifecycle approach to retirement savings, offering annual rebalancing and asset allocation adjustments based on a predetermined strategy.
Fund Family American Century Investments
Category Target-Date 2050
Performance Rating Below Average
Risk Rating Low
Stock Exchange Nasdaq
Ticker Symbol ARFEX
Share Class R6 Class
Index S&P Target Date To 2050 TR
ARFEX had a total return of 9.60% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.30%.
