4 / 5 Stars
3 3 2 1 5
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 45 Target Date 2036-2040 Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 11.36 percent over the past year, and 9.20 percent over the past three years.
|Trailing Returns||Updated 04.30.2013|
|Year to date||8.2%|
|3 Years (Annualized)||9.2%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks the highest total return consistent with its asset mix. The fund is a "fund of funds," it invests in other American Century mutual funds (the underlying funds) that represent a variety of asset classes and investment styles. The target date in the fund name refers to the approximate year an investor plans to retire and likely would stop making new investments in the fund. The current asset allocation is to invest 76.35% of its assets in stock funds, 22.15% of its assets in bond funds, and 1.50% of its assets in money markets funds.
Fees are High compared to funds in the same category.
American Century Asset Allocation Portfolios LIVESTRONG 2040 Portfolio has an expense ratio of 1.21 percent.
Risk is Low compared to funds in the same category according to Morningstar.