American Century® One Choice® In Retirement Portfolio Achieves a 'Three-Peat' at the Annual Thomson Reuters Lipper Awards

WINNER OF THE 2017 THOMSON REUTERS LIPPER FUND AWARDS UNITED STATES

KANSAS CITY, Mo., March 24, 2017 – For the third year in a row, the Thomson Reuters Lipper Fund Awards U.S. honored American Century Investments® One Choice® In Retirement Portfolio for its risk-adjusted mutual fund performance over multiple time periods. Within Lipper's Mixed-Asset Target Today classification, One Choice® In Retirement Portfolio R6 share class claimed the top spot against 112 peers for the three-year period, while the fund's Institutional share class beat 101 peers over the five-year period, ending November 30, 2016.

For more than three decades and in over 20 countries worldwide, the Thomson Reuters Lipper Fund Awards have honored funds and fund management firms that have "excelled in providing consistently strong risk-adjusted performance relative to their peers," based on Thomson Reuters Lipper's proprietary performance-based methodology. The 2017 U.S. awards were presented March 23, 2017, at a ceremony in New York.

"We're excited that One Choice In Retirement Portfolio was able to 'three-peat' at the Thomson Reuters Lipper Fund Awards," said Scott Wittman, American Century Investments chief investment officer responsible for multi-asset and disciplined equity strategies. "Since the inception of the One Choice® Target Date series in 2004, we've focused on providing a smoother ride by striving to limit volatile return streams in an effort to help more defined contribution plan participants and other investors achieve retirement success."

In addition to Wittman, the One Choice portfolio management team includes Co-Chief Investment Officer David MacEwen, Senior Vice President Rich Weiss and Vice Presidents Scott Wilson and Radu Gabudean. The 10 fund-of-funds that comprise the One Choice Target Date series have attracted approximately $20 billion* in client assets.

Lipper also honored American Century Investments in the Mid Cap Value classification. American Century® NT Mid Cap Value R6 share class had the top ranking against 294 peers over the three-year period, while the Institutional class beat 206 peers over the 10-year period. The NT funds are "no tobacco" versions of American Century Investments' funds used exclusively within the One Choice Target Date series.

American Century Investments is a leading global asset manager focused on delivering investment results and building long-term client relationships while supporting research that can improve human health and save lives. Founded in 1958, American Century Investments' 1,300 employees serve investment professionals, institutions, corporations and individual investors from offices in New York; London; Hong Kong; Mountain View, Calif.; and Kansas City, Mo. Jonathan S. Thomas is president and chief executive officer, and Victor Zhang and David MacEwen serve as co-chief investment officers.

Delivering investment results to clients enables American Century Investments to distribute over 40 percent of its dividends to the Stowers Institute for Medical Research, a 500-person, non-profit basic biomedical research organization. The Institute owns more than 40 percent of American Century Investments and has received dividend payments of nearly $1.3 billion since 2000.

*One Choice Target Date Portfolios on Dec. 31, 2016, were $20 billion.

You should consider the fund's investment objectives, risks, charges and expenses carefully before you invest. Each fund's prospectus or summary prospectus, which can be obtained by visiting americancentury.com, contains this and other information about the fund, and should be read carefully before investing. Investments are subject to market risk.

Past performance is no guarantee of future results.

The Thomson Reuters Lipper Fund Awards honor individual funds that have delivered stronger and more consistent risk-adjusted performance than their peers over the three-, five-, and 10-year periods ended Nov.30, 2016. Thomson Reuters Lipper's proprietary mutual fund rating methodology is used to determine the winners. To be considered for a fund award in the U.S., funds must have at least 36 months of performance history and must be classified in a peer group with at least 10 distinct portfolios. The fund with the highest Lipper Leader rating for Consistent Return value in each eligible classification determines the classification winner over three, five, or 10 years. Other share classes may have different performance and expense characteristics. For detailed information about the Thomson Reuters Lipper Fund Awards methodology visit http://www.lipperfundawards.com.

From Thomson Reuters Lipper Awards, ©2017 Thomson Reuters. All rights reserved. Used by permission and protected by the Copyright Laws of the United States. The printing, copying, redistribution, or retransmission of this Content without express written permission is prohibited.

Lipper rankings are based on average annual total returns. Portions of the mutual fund performance information contained on this page were supplied by Lipper, a Thomson Reuters Company, subject to the following: Copyright 2017 © Thomson Reuters. All rights reserved. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Performance data is preliminary and subject to revision. Rankings are based on all classes available within the classification as of the date shown. Rankings are based only on the universe shown.

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 its 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 money market instruments.

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.

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