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Name | Symbol | Market | Type |
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American Century One Choice 2015 Portfolio - C Class (MM) | NASDAQ:AFNCX | NASDAQ | Fund |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
Summary Prospectus
December 1, 2012
American Century Investments
®
LIVE
STRONG
®
2055 Portfolio
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Investor Class:
AREVX
Institutional Class:
ARENX
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A Class:
AREMX
C Class:
AREFX
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R Class:
AREOX
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Before you invest, you may want to review the fund’s prospectus, which contains more information about the fund and its risks. You can find the fund’s prospectus and other information about the fund online at the web addresses listed below. You can also get this information at no cost by calling or sending an email request. The fund’s prospectus and other information are also available from financial intermediaries (such as banks and broker-dealers) through which shares of the fund may be purchased or sold.
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Retail Investors
americancentury.com/funds/fund_reports.jsp
1-800-345-2021 or 816-531-5575
prospectus@americancentury.com
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Financial Professionals
americancentury.com/ipro/funds/fund_reports_mf.jsp
1-800-345-6488
advisor_prospectus@americancentury.com
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This summary prospectus incorporates by reference the fund’s prospectus and statement of additional information (SAI), each dated December 1, 2012 (as supplemented at the time you receive this summary prospectus), as well as the Report of Independent Registered Public Accounting Firm and the financial statements included in the fund’s annual report to shareholders, dated July 31, 2012. The fund's SAI and annual report may be obtained, free of charge, in the same manner as the prospectus.
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Equity Securities (Stock Funds)
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85.00%
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Fixed-Income Securities (Bond Funds)
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15.00%
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NT Core Equity Plus Fund
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4.50%
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High-Yield Fund
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1.50%
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NT Emerging Markets Fund
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6.50%
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Inflation-Adjusted Bond Fund
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3.00%
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NT Equity Growth Fund
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10.75%
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NT Diversified Bond Fund
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10.50%
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NT Growth Fund
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15.25%
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NT International Growth Fund
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9.50%
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Cash Equivalents (Money Market Funds)
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0.00%
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NT Large Company Value Fund
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15.50%
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NT Mid Cap Value Fund
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7.50%
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NT Small Company Fund
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5.00%
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NT Vista Fund
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7.50%
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Real Estate Fund
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3.00%
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“Growth” and “Value” Style Risks
– The underlying funds represent a mix of investment styles, each of which has risks associated with it. Growth stocks can be volatile and may lack dividends that can cushion share prices during market declines. Value stocks may continue to be undervalued by the market for long periods of time.
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Small- and Mid-Cap Stock Risks
– Stocks of smaller companies may be more volatile than larger-company stocks. Smaller companies may have limited financial resources, product lines and markets, and their securities may trade less frequently and in more limited volumes than the securities of larger companies, which could lead to higher transaction costs. To the extent an underlying fund invests in these companies, it may take on more risk.
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Interest Rate Risk
– Generally, when interest rates rise, the value of an underlying fund’s fixed-income securities will decline. The opposite is true when interest rates decline. Underlying funds with longer weighted average maturities are more sensitive to interest rate changes.
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Credit Risk
– The value of an underlying fund’s fixed-income securities will be affected adversely by any erosion in the ability of the issuers of these securities to make interest and principal payments as they become due. Changes in the credit rating of a fixed-income security held by an underlying fund could have a similar effect.
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Foreign Securities Risk
– Some of the underlying funds invest in foreign securities, which are generally riskier than U.S. securities. Securities of foreign issuers may be less liquid, more volatile and harder to value than U.S. securities. Fluctuations in currency exchange rates also may affect an underlying fund’s share price. Investing in securities of companies located in emerging market countries is generally riskier than investing in securities of companies located in developed foreign countries.
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Tobacco Exclusion
– The underlying funds do not invest in securities issued by companies assigned the Global Industry Classification Standard (GICS) for the tobacco industry. This exclusion may cause an underlying fund to forego profitable investment opportunities.
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Market Risk
– The value of the fund’s shares will go up and down based on the performance of the underlying funds in which it invests. The value of the underlying funds’ shares will, in turn, fluctuate based on the performance of the securities they own and other factors generally affecting the securities market.
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Principal Loss
– At any given time your shares may be worth less than the price you paid for them. In other words, it is possible to lose money by investing in the fund, including losses near to, at, or after retirement. There is no guarantee that the fund will provide adequate income at or through your retirement.
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1 Year American Century One Choice 2015 Portfolio - C Class (MM) Chart |
1 Month American Century One Choice 2015 Portfolio - C Class (MM) Chart |
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