Multi-Fund Investment Options
Consider this if: You want investment options with more choices when it comes to diversity and risk.
Some investors want added control over their investment option’s diversification and investment strategy. If you’re one of those people, the Multi-Fund Investment Options available through the Minnesota 529 College Savings Plan might be the investment type for you.
With the Multi-Fund Investment Options, you can select from a range of investment types suitable for a variety of risk profiles and asset allocation blends. Choices may include options such as international investments, which are investments made entirely outside the U.S. and balanced funds, that own both stocks and bonds and bond funds that invest in debt securities.
Most investment options include index and actively managed choices. Index funds are designed to track a benchmark index. Active management, by contrast, is managed using research, forecasts, and their own experience to make investment decisions.
No matter which option(s) you choose, it’s important to note that once you’ve selected an investment, the funds will remain there until you select another.
How Multi-Fund Investment Options work
These investment options seek to provide options for people who prefer to select an investment option for its asset allocation. Each Multi-Fund Investment Option has a different investment objective and investment strategy.
The allocations to the underlying mutual funds in the Multi-Fund Investment Options do not change automatically as the beneficiary ages as they do in the Enrollment Year Investment Options. The Board may change the asset allocations and underlying mutual funds for these investment options (as well as for the other investment options) at any time.
| Investment Name | Risk Level | Investment Objective | Allocation | ||
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| Aggressive Allocation Option | Aggressive | This Investment Option seeks a favorable long-term return by investing in mutual funds that invest primarily in equity securities and, to a lesser extent, in mutual funds that primarily invest in debt securities. |
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| Moderate Allocation Option | Moderate | This Investment Option seeks moderate growth by investing in a mix of mutual funds that invest in a diversified mix of asset classes. |
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| Conservative Allocation Option | Conservative to Moderate | This Investment Option seeks a conservative to moderate total return by investing in a funding agreement and mutual funds that invest primarily in debt securities and, to a lesser extent, by investing in mutual funds that invest primarily in equity securities. |
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| International Equity Index Option | Aggressive | This Investment Option seeks to provide a favorable long-term total return, mainly from capital appreciation. |
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| U.S. and International Equity Option | Aggressive | This Investment Option seeks to provide a favorable long-term total return, mainly from capital appreciation. |
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| Equity and Interest Accumulation Option | Moderate | This Investment Option seeks to provide a moderate long-term total return. |
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| 100% Fixed-Income Option | Moderate | This Investment Option seeks to provide a moderate long-term rate of return, primarily through current income. |
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The investment options are subject to the risks of the underlying funds including the loss of principal.
Things to consider
Changing your investments
Once you invest in a particular investment option, you can transfer contributions and any earnings to another investment option up to twice per calendar year or upon a transfer of funds to a Minnesota College Savings Plan account for a different beneficiary.
Periodically reviewing your investments
It’s a good idea to periodically reevaluate your investment strategy as your goals, investment horizon, and personal situation changes—for example, annually at tax time, on a yearly basis if your income changes, or upon the birth of another child.
More to explore
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