Each underlying investment has its own risks. For example, the prices of small-cap stocks are generally more volatile than large company stocks. There are special risks inherent to international investing, including currency, political, social and economic risks. Investments in growth stocks may be more volatile than other securities. With value investing, if the marketplace does not recognize that a security is undervalued, the expected price increase may not occur. Fixed income investing entails credit and interest risks. When interest rates rise, bond prices generally fall, and the underlying Fund's share price can fall. Diversification does not guarantee a profit or protect against loss.
View Your Investment Options:
Your account is placed in one of six portfolios based on the beneficiary's age and your choice of a blended strategy (active and index investments) or an index strategy (index investments). The Age-based portfolios automatically adjust over time, becoming more conservative as the beneficiary ages.
|Blended Aged-based||Index Aged-based||Portfolio Objective|
|0-6 Years Portfolio Seeks long-term growth by investing primarily in equity investments. A percentage of assets are invested in fixed income investments to provide some protection from equity volatility.|
|7-9 Years Portfolio Seeks growth by investing in an allocation weighted toward equity investments versus fixed income investments.|
|10-11 Years Portfolio Seeks moderate growth by investing in a balanced asset allocation slightly weighted toward equity investments over fixed income investments.|
|12-14 Years Portfolio Seeks moderate growth by investing in a balanced asset allocation weighted equally between equity and fixed income investments.|
|15-17 Years Portfolio Seeks conservative growth by investing in a combination of equity, fixed income and money market investments weighted toward fixed income.|
|Ages 18 Years and Over Portfolio Seeks preservation of capital with minimal growth by investing primarily in fixed income and money market investments to maintain stability.|
- Equity (a)
- T. Rowe Price Large Cap Growth
- Artisan Value Fund Institutional Shares
- Vanguard Institutional Index
- DFA US Small Cap Portfolio
- Vanguard Institutional Index
- Vanguard Extended Market Index
- Dodge & Cox International Stock
- Vanguard Total International Stock Market Index Institutional Plus
- Fixed Income (b)
- Vanguard Total Bond Market Index Institutional Plus
- DFA Inflation-Protected Securities I
- Money Market (c)
- Dreyfus Treasury Prime Cash Management
You may choose to invest in any one, or any combination of the portfolios below. While the Static Portfolios allow for more control over your account, it will be up to you to choose a new portfolio, or portfolios, should your needs or goals change.
|Blended Static||Index Static||Portfolio Objective|
|100% Equity Portfolio Seeks long-term growth by investing solely in equity investments.|
|Balanced Portfolio Seeks moderate growth by investing in a balanced allocation weighted toward equity investments and fixed income investments.|
|Individual Fund Portfolios|
|Fixed Income Portfolio||100% Vanguard Total Bond Market Index Institutional Plus||Seeks to closely track the total return of the Barclays Capital U.S. Aggregate Index by investing in domestic fixed income and money market instruments.|
|Inflation-Protected Bond Portfolio||100% DFA Inflation-Protected Securities I||Seeks to provide investors inflation protection and income consistent with investments in inflation-indexed securities.|
|U.S. Government Money Market Portfolio 1||100% Dreyfus Treasury Securities Cash Management||Seeks preservation of capital by investing in a U.S. Government money market mutual fund.|
1. You could lose money by investing in this investment option. Although the money market fund in which your investment option invests (the “underlying fund”) seeks to preserve its value at $1.00 per share, the underlying fund cannot guarantee it will do so. An investment in this investment option is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The underlying fund’s sponsor has no legal obligation to provide financial support to the underlying fund, and you should not expect that the sponsor will provide financial support to the underlying fund at any time.
Derivative instruments, securities whose values depend on the performance of an underlying security or asset, may entail potentially higher volatility and risk of loss compared to traditional stock or bond investments.