One Choice Portfolios®

One Choice Portfolios® are signature target-date and target-risk asset allocation fund-of-funds from American Century Investments®. Created to help investors take a more active role in planning their financial futures, these professionally managed, automatically diversified investment solutions in a single portfolio are a smart choice for long-term financial goals.

Key Benefits

  • Single Investment: Spend less time picking investments for your portfolio
  • No-Load Mutual Funds: Keep more money working for you
  • Professional Management: Portfolios are actively managed for you, at no additional cost
  • Automatic Rebalancing: Portfolios are regularly rebalanced to help you stay on track with the risk level or target date you choose
  • Broad Diversification: Each portfolio invests in multiple funds, spread across a variety of investment styles and market capitalizations
  • Simplified Record Keeping: You only have one fund to monitor
  • Easy Withdrawals: With just one fund, it's easy to take out the amount you need, when you need it

Find the Asset Allocation Portfolio that's Right for You


Target Date Portfolios

Our diversified target-date funds automatically adjust as their target goal date approaches. Choose which of the 10 target-date funds most closely aligns with when you plan to start using your money.

Investing Style

Time based


Rebalanced annually to become more conservative as the target date approaches

Your Choice

Choose a portfolio based on the year you plan to start withdrawing your money, and leave the rest to us


Target Risk Portfolios

Our five static target-risk funds offer you instant diversification. These portfolios are built using up to 15 underlying mutual funds to help balance risk and return.

Investing Style

Risk based


Rebalanced as needed to maintain its targeted risk level

Your Choice

Choose a portfolio based on your tolerance for risk, and you decide when to change risk levels by moving your money accordingly

Need Help Deciding Which Portfolio is Right for You?Request a Call

Our Asset Allocation Portfolios Offer Even More Benefits

If you're just starting out or building your portfolio:

  • Low initial investment: A $500W2 investment (and $100 automatic monthly investments) is all you need to get started.
  • Instant diversification: Diversify among different kinds of investments immediately, instead of building a portfolio one fund at a time.

If you're approaching or in retirement:

  • Convenient consolidation: Combine your retirement assets into one fund, and stay broadly diversified with the exact time frame or risk level you've already chosen.
  • Easy withdrawals: With just one fund, it's easy to take out the amount you need for retirement, when you need it.

Ready to Invest?

You can invest in one of our asset allocation portfolios with as little as $500 with a monthly automatic investment of $100 or moreW2.

Open an Account

One Choice® Target Date Portfolios:

A One Choice Target Date Portfolio's target date is the approximate year when investors plan to retire or start withdrawing their money. The principal value of the investment is not guaranteed at any time, including at the target date.

Each target-date One Choice Target Date Portfolio seeks the highest total return consistent with American Century Investments' proprietary asset mix. Over time, the asset mix and weightings are adjusted to be more conservative. In general, as the target year approaches, the portfolio's allocation becomes more conservative by decreasing the allocation to stocks and increasing the allocation to bonds and cash equivalents.

By the time each fund reaches its target year, its target asset mix will become fixed and will match that of One Choice In Retirement Portfolio.

W2 Minimum initial investment is $1,000 for IRA and CESA accounts, and $2,500 for non-retirement accounts, but these minimums are waived with an initial investment of at least $500 per account and automatic investments of at least $100 per month. If your account balance falls below the minimum, or if you cancel your automatic monthly investment plan prior to reaching the minimum, American Century Investments may redeem the account and send the proceeds to you. Prior to doing so, we will notify you and give you 90 days to meet the minimum or reinstate your automatic monthly investment plan.

Investment return and principal value of security investments will fluctuate. The value at the time of redemption may be more or less than the original cost. Past performance is no guarantee of future results.

Diversification does not assure a profit nor does it protect against loss of principal.