- Nationally Rated
- Investment Portfolios
- Prices & Performance
- Risk Tolerance Questionnaire
- Investment Policy Statement
Bright Start features six different Target Portfolios that remain constant over time, allowing account owners to select a fixed-asset allocation.
The Target Portfolios allow you to choose among portfolios ranging from conservative to aggressive. Each Target Portfolio has a different investment strategy and risk level.
The Equity Portfolio is generally more aggressive and invests in equity-focused investment funds. For a moderate investor, the Balanced Portfolio offers a balanced approach with equity and fixed income investments. While the more conservative Fixed Income Portfolio invests in bond and cash equivalent type investments. The Target Portfolios do not change automatically as your beneficiary gets older.
Both passively and actively managed options are available.
A word about risk: Keep in mind that you can lose money by investing in a portfolio. Each of the Age-Based, Target, and Individual Fund Portfolios involves investment risks, which are described in the Program Disclosure Statement and should be considered before investing. For example, international investing, especially in emerging markets, has additional risks such as currency fluctuation, economic and political risks, and market volatility. Investing in small, medium, and international companies may increase the risk of fluctuations in the value of your investment and involves greater risks than investing in more established companies. Portfolios that invest in specific industries or sectors, such as real estate, have industry concentration risk. As an example, the portfolios that invest in real estate may perform poorly during a downturn in the real estate industry.
Portfolios that invest in bonds are subject to risks such as interest rate risk, credit risk, and inflation risk. In particular, as interest rates rise, the prices of bonds will generally fall, which can impact performance. It is important to note that the value of your account will fluctuate with market conditions. When you withdraw funds, you may have more or less than your actual investment. For more information on the portfolios and the underlying funds in which they invest, see the Program Disclosure Statement.
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