The 2015 Portfolio’s target asset allocation is 100% Stable Value. The Portfolio will remain in existence for a three year period, after which it will permanently close with remaining assets transferred to the Stable Value Portfolio (100%).
|Market values as of 11/14/2019||Total Returns as of 10/31/2019|
|Investment Portfolio||Unit Value||Daily Change||YTD Return as of 11/14/2019||1 Month||3 Month||1 Year||3 Year||5 Year||10 Year||Since Inception||Inception Date||Expense Ratio|
|2015 Portfolio||Market values as of 11/14/2019||$21.09||0.01%||2.12%||Total Returns as of 10/31/2019||0.21%||0.62%||2.41%||1.97%||2.11%||4.47%||3.85%||General Information||Jan 2000||0.15%|
|2015 Portfolio Benchmark||0.24%||0.76%||3.25%||2.35%||2.17%||4.13%||3.02%|
Average Annual Returns
Updated Monthly as of 10/31/2019
|1 Year||3 Year||5 Year||Since Inception Jan 2000|
|2015 Portfolio Benchmark||3.25%||2.35%||2.17%||3.02%|
Returns are net of fees.
The 2015 Portfolio’s Benchmark is a blended composite benchmark reflecting the asset strategic benchmark index components for each underlying investment manager, and an adjustment reflecting the administrative fee for the Portfolio:
- 100% T-Bills + 100 basis points
Portfolio Fees as of 10/31/2019
|Asset Management Fees||0.05%|
|Expense Ratio (Asset Management + Administrative Fee)||0.15%|
|As of 11/14/2019||$21.09|
Although the asset allocation of each Age–Based Portfolio is designed to correspond with the Beneficiary’s current age, Account Owners may choose to invest in a Portfolio other than the one that corresponds to the Beneficiary’s current age. No Invest529 Portfolios, however, are protected from market volatility and there is no guarantee that Invest529 Portfolios will not lose value, including principal.
The 2015 Portfolio is subject to risks associated with fixed income investments. For a complete description of the investment risks associated with this portfolio, and a complete list of information on investment options, managers, and asset classes associated with the underlying investments of the 2015 Portfolio , please see the Invest529 Program Description.
Current Target Asset Allocation
|%||Sub-asset Class||Investment Manager|
|0||Large Cap Domestic Equity||The Vanguard Group, Inc.|
|0||Small-Cap Domestic Equity||The Vanguard Group, Inc.|
|0||Small-/Mid-Cap Domestic Equity||Rothschild Asset Management Inc.|
|0||International Equity||Capital Research and Management Co.|
|0||International Equity||Templeton Institutional Funds, Inc.|
|0||Emerging Markets Equity||Aberdeen Asset Management|
|0||Emerging Markets Equity||DFA Investment Dimensions Group Inc.|
|0||U.S. Real Estate
Private Real Estate
|The Vanguard Group, Inc.
Blackstone Property Advisors L.P.
UBS Realty Investors LLC
|0||High Yield Bonds||PGIM Fixed Income|
|0||Emerging Markets Debt||Stone Harbor Investment Partners|
|0||Market Fixed Income||The Vanguard Group, Inc.|
|100.00||Stable Value||Invesco Advisers, Inc.|
- All investment return information is calculated by BNY Mellon Asset Servicing. Returns are presented net of management fees and Invest529 administrative fees. Returns for periods greater than one year are annualized.
- Past performance is no guarantee of future results. Please refer to the Invest529 Program Description before making any investment decision.