Free Golf Balls from American Century Investments

I just saw this while reading the March issue of Kiplinger Personal Finance magazine. are promoting their line of My Retirement Portfolios, their verson of Vanguard Target Retirement Funds, funds of funds that automatically re-allocate themselves every year based on time until retirement. Their 2035 portfolio contains 80% stocks, and 18% bonds, very similar to the Vanguard 2035 Fund that I hold. However, this fund holds about 10-12 different actively managed American Century funds, instead of the four passive index funds in VTTHX.

This results a very diversified portfolio, including exposure to emerging markets and REITS, areas not available or focused on other funds of funds. Of course, this comes at a cost. For the 2035 fund, the expense ratio of the underlying funds is 0.74%, with an additional 0.20% tacked on top. More info in prospectus. 0.94% is not bad in the scheme of things, but I’m still happy with my 0.21% expense ratio. I do like the diversification though…

Still interested? Or just want the sleeve of 3 golf balls? Go to http://www.kiplinger.com/marchkips for more information. You’ll need to call them at 1-800-826-8323, but they answered quickly for me, and the phone call took only about 2 minutes. I just asked for a printed prospectus (I hate navigating through the .pdf versions) and of course the golf balls. Easy!

Bookmark or Share:
These icons link to social bookmarking sites where readers can share and discover new web pages.