Products September 30, 2004

American Century Pulls Back Curtain on Risk-Based Allocation Funds

September 30, 2004 (PLANSPONSOR.com) - American Century Investments has unveiled five new, risk-based asset allocation funds.
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A news release said the funds of funds offerings, labeled One Choice Portfolios, range from Very Conservative to Very Aggressive. Each fund’s asset mix will correspond to its level of short-term price volatility or risk.

American Century One Choice Portfolio funds are managed by Jeff Tyler and Gina Sanchez – the same team responsible for American Century’s other asset allocation products, the My Retirement Portfolio funds and the Strategic Allocation funds.

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The new funds are appropriate for investors who want to delegate their investment decisions to professionals with the expertise to build a diversified investment portfolio, according to Sanchez. “With five available risk levels to choose from, investors can easily select the portfolio that best aligns with their specific risk/reward tolerances,” Sanchez said in the news release.

The One Choice Portfolios utilize the same proprietary asset allocation methodology used to construct the Strategic Allocation funds and the My Retirement Portfolios, according to the company.

Deals and People September 29, 2004

CII to Conduct Director Search

September 29, 2004 (PLANSPONSOR.com) - Sarah Ball Teslik, the Executive Director of the Council of Institutional Investors (CII) is resigning to accept the position of Chief Executive of the Certified Financial Planners Board of Standards, Inc.
Reported by

According to a statement on the CII Web site, Meredith Williams, executive director of the Colorado Public Employees’ Retirement Association and the Council’s board chair will coordinate a search for a replacement along with other board members.

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Teslik is the only executive director the Council has had in its 20-year history. In each of these years the Council has increased its membership, budget and reserves, according to the statement.

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