The Moderate Growth Portfolio seeks to provide capital appreciation and a low to moderate level of current income.
The Moderate Growth Portfolio maintains a target asset allocation of 60% equity, 40% fixed income. This target asset allocation is comprised of the following Asset Classes and Funds: 36% domestic equity, managed by The Vanguard Group, Inc.; 24% international equity, managed by The Vanguard Group, Inc.; 28% market fixed income, managed by The Vanguard Group, Inc.; and 12% international fixed income, managed by The Vanguard Group, Inc. A full description of each underlying Fund’s investment strategy can be found in the Invest529 Program Description.
A complete description of each of the risks associated with the underlying Funds of the Moderate Growth Portfolio can be found in the Invest529 Program Description. Information on obtaining prospectuses for the respective Funds is also contained in the Invest529 Program Description.
Average Annual Returns
Updated Monthly as of 12/31/2018
|1 Year||3 Year||5 Year||Since Inception Jan 2002|
|Moderate Growth Benchmark||-4.93%||5.45%||4.26%||5.48%|
Returns are net of fees.
The Moderate Growth 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:
36% CRSP US Total Market / 28% Bloomberg Barclays U.S. Aggregate Float Adjusted / 12% Bloomberg Barclays Global Aggregate ex-USD (USD Hedged) / 24% FTSE Global All Cap ex US
|%||Asset class||Investment manager|
|36.00||Domestic Equity||The Vanguard Group, Inc.|
|24.00||International Equity||The Vanguard Group, Inc.|
|28.00||Market Fixed Income||The Vanguard Group, Inc.|
|12.00||International Fixed Income||The Vanguard Group, Inc.|
|As of 1/15/2019||$ 24.49|
Portfolio Fee as of 11/30/2018
|Asset Management Fees||0.04%|
|Inception Date||Jan 2002|