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Rating:A Mutual Fund Giant Beefs Up Its Retirement Plan Offerings Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, July 31, 2013

A Mutual Fund Giant Beefs Up Its Retirement Plan Offerings

Reported by Neil Anderson, Managing Editor

Peter Cieszko is amping up American Century's [profile] offerings for 401(k)s and other retirement plans.

Today the Kansas City, Missouri-based mutual fund shop unveiled R6 shares, its cheapest share class yet, for 41 of its mutual funds. American Century also debuted its revamped target date funds, the One Choice Portfolios (formerly called LIVESTRONG).

"We want to offer our clients multiple pricing options as they determine the best way to pay for investment management and recordkeeping services associated with employer-sponsored retirement plans," stated Cieszko, American Century's chief client officer for the Americas.

American Century added R6 shares to the following funds: the Diversified Bond Fund, the Emerging Markets Fund, the Equity Income Fund, the Global Bond Fund, the Global Growth Fund, the Global Real Estate Fund, the Growth Fund, the Heritage Fund, the High-Yield Fund, the International Bond Fund, the International Growth Fund, the Large Company Value Fund, the Mid Cap Value Fund, the NT Diversified Bond Fund, the NT Emerging Markets Fund, the NT Growth Fund, the NT International Growth Fund, the NT Large Company Value Fund, the NT Mid Cap Value Fund, the NT Vista Fund, the Real Estate Fund, the Select Fund, the Short Duration Inflation Protected Bond Fund, the Small Cap Growth Fund, the Small Cap Value Fund, the Value Fund, the three Strategic Allocation funds and the 10 One Choice Portfolios

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