Morningstar Rating

Fund Research and Analysis

by Karin Anderson
A recent manager change plus high fees keeps us from recommending American Century Strategic Allocation:Conservative.

In July 2009, this fund's longtime manager, Jeff Tyler, left American Century. Since founding the firm's allocation strategies in 1996, Tyler built a strong record by making tactical allocations between nine equity and fixed-income disciplines at American Century.  Read more 

Kudos

This fund offers one-stop exposure to a broad range of asset classes. Read more 

Risks

The fund isn't cheap.
A recent lead manager change concerns us. Read more 

Strategy

This fund seeks to add value through both stock selection and asset allocation. Its neutral allocation is 45% stocks, 45% bonds, and 10% cash, but management can alter that by 6 percentage points in either direction.  Read more 

Management

Jeff Tyler, this fund's lead manager since its inception, left the firm in July 2009. American Century hired Scott Wittman, previously the lead manager on quantitative strategies for Munder Capital Management, to run the firm's allocation strategies.  Read more 

Inside Scoop

This fund covers all the bases. Because it invests in stocks and bonds of all stripes, investors get a diversified portfolio in one shot.  Read more 

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