Your account is placed in one of six portfolios based on the beneficiary's age. The Age-based portfolios automatically adjust over time, becoming more conservative as the beneficiary ages.
|Portfolio Allocation||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 investments and fixed income investments.
15–17 Years Portfolio
Seeks conservative growth by investing in a combination of fixed income investments and money market investments weighted towards fixed income.
18 Years and over Portfolio
Seeks preservation of capital and income with minimal growth by investing primarily in fixed income investments and money market investments to maintain stability.
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.
|Portfolio Allocation||Portfolio Objective|
100% Equity Portfolio
Seeks long-term capital appreciation by investing all of its assets in equity investments.
Seeks moderate growth by investing in a balanced allocation weighted toward equity investments over fixed income investments.
|Portfolio Name||Portfolion Allocation||Portfolio Description|
|Capital Appreciation Portfolio||100% Oppenheimer Capital Appreciation Fund||Seeks capital appreciation by emphasizing common stocks with high growth potential at average, rather than high prices.|
|Value Portfolio||100% Oppenheimer Value Fund||Seeks long-term growth of capital by investing mainly in common stocks that the portfolio manager believes to be undervalued.|
|Large Cap Core Index Portfolio||100% TIAA-CREF S&P 500 Index Fund||Seeks to track the performance and characteristics of a benchmark index that measures the investment return of large-cap stocks.|
|Main Street Select Portfolio||100% Oppenheimer Main Street Select Fund®||Seeks long-term capital appreciation by investing primarily in common stocks by using a variety of proprietary quantitative models to rank stocks on the basis of valuation and momentum.|
|Socially Responsible Portfolio||100% TIAA-CREF Social Choice Equity Fund||Seeks a favorable long-term total return that reflects the investment performance of the overall U.S. stock market, while giving special consideration to certain social criteria.|
|Main Street Small- & Mid-Cap Portfolio||100% Oppenheimer Main Street Small- & Mid-Cap Fund®||Seeks capital appreciation by investing primarily in a broadly diversified portfolio of common, small-cap stocks by using a variety of proprietary quantitative models to rank small-cap stocks on the basis of valuation and momentum.|
|International Diversified Portfolio||100% Oppenheimer International Diversified Fund||Seeks to achieve high total return through capital appreciation and income by investing in a variety of global and international investments.|
|Fixed Income Portfolio||100% Dreyfus Bond Index Fund||Seeks to match the total return of the Barclay's Capital U.S. Aggregate Index by investing in domestic fixed income and money market instruments.|
|Inflation Protected Bond Portfolio||100% Dreyfus Inflation Adjusted Securities Fund||Seeks to provide returns that exceed the rate of inflation.|
|Money Market Portfolio||100% Oppenheimer Institutional Money Market Fund 1||Seeks preservation of capital by investing all of its assets in a money market mutual fund to maintain stability.|
|U.S. Government Money Market Portfolio||100% Dreyfus Treasury Prime Cash|
|Seeks preservation of capital by investing in a U.S. Government money market mutual fund.|
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.