American Century Investments One Choice 2045 Portfolio R Class

American Century Investments One Choice 2045 Portfolio R Class is a target-date mutual fund designed primarily for individuals planning to retire around the year 2045. Serving as a “fund of funds,” it invests in a diversified mix of underlying American Century mutual funds, allocating assets among stocks, bonds, and short-term investments. The fund’s asset allocation is dynamically adjusted over time—shifting from a growth-oriented equity focus in the early years to a more conservative blend emphasizing bonds and cash as the target retirement date approaches. This gradual adjustment, known as the glide path, aims to balance long-term growth with risk reduction as investors near retirement. The portfolio covers a broad array of sectors and global regions, providing exposure to domestic and international equities, fixed income, and emerging markets. It is professionally managed and regularly rebalanced to maintain its strategic mix and mitigate market volatility. The fund plays a key role in retirement planning by offering a simplified, all-in-one investment solution tailored to a specific retirement horizon, making it especially relevant for employer-sponsored retirement plans and long-term investors seeking systematic risk management and diversification.