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Fund Times: Lance Armstrong Talks Investing

Plus, news on American Funds, DWS, and more.

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In a press release Thursday, Kansas City-based American Century announced that it's collaborating with Lance Armstrong as a new spokesman to help educate investors about their financial future. The campaign is titled "Put Your Lance Face On" and serves to prepare investors for a secure financial future.

The firm will be rolling out in May four life-cycle funds dubbed the "Livestrong Portfolios." The funds, which will have target dates of 2015, 2025, 2035, and 2045, are designed for folks retiring on or near those dates. Of course, these are just the latest entrants into what's becoming a crowded field of target-retirement offerings. There are now so many on the market, in fact, that we're rolling out new categories for them.

Dieter Bardy does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.