For more information about the CollegeInvest Direct Portfolio College Savings Plan, visit collegeinvest.org to obtain a Plan Disclosure Statement and Participation Agreement (PDS). Investment objectives, risks, charges, expenses, and other important information are included in these documents; read and consider them carefully before investing. If you are not a Colorado taxpayer, consider before investing whether your or the designated beneficiary’s home state offers any state tax or other benefits that are only available for investments in such state’s qualified tuition program.
The CollegeInvest Direct Portfolio College Savings Plan is administered and issued by CollegeInvest. Vanguard Marketing Corporation, Distributor and Underwriter.
Investments in the CollegeInvest Direct Portfolio College Savings Plan are not guaranteed by CollegeInvest, the State of Colorado, it’s agencies, the FDIC, the Vanguard Group, Inc., or Ascensus Broker Dealer Services, Inc., and may lose value including the principal amount invested.
Capacity of Dealer and Other Parties
CollegeInvest is the issuer of plan securities and is the trustee of the plans in accordance with Colorado law. CollegeInvest also oversees the Managers’ activities and provides certain administrative services, such as marketing, audit, and financial statements, in connection with the plans.
Ascensus Broker Dealer Services, Inc. and Ascensus College Savings Recordkeeping Services, LLC serve as the Plan Manager for the CollegeInvest Direct Portfolio College Savings Plan and have overall responsibility for the day-to-day operations. The Vanguard Group, Inc. also serves as the Plan Manager and Investment Manager for the CollegeInvest Direct Portfolio College Savings Plan and Vanguard Marketing Corporation, an affiliate of The Vanguard Group, Inc., assists CollegeInvest with marketing and distributing the Direct Portfolio College Savings Plan.
The Plan’s portfolios, although they invest in Vanguard mutual funds, are not mutual funds and you could lose money by investing in the plan.
CollegeInvest and the CollegeInvest logo are registered trademarks. Vanguard is a trademark of The Vanguard Group, Inc.