Choosing an investment option that fits your family's budget and specific investment strategy is important. Investments in the Direct Portfolio College Savings Plan give you the opportunity to leverage the low-cost indexing strategy of The Vanguard Group, Inc. Vanguard keeps costs low while striving to ensure that its index funds track market benchmarks more closely than other index funds.

Since your family is unique, we offer eleven different 529-investment options ranging from conservative to aggressive.

Direct Portfolio Age-Based Options

If you'd like to free yourself from the task of adjusting your 529-investment allocation over time, you may want to consider an Age-Based Option. There are three choices within our Age-Based Options: Conservative, Moderate and Aggressive.

Select an Age-Based Option based on your risk tolerance category. The Conservative option offers a higher concentration of assets in bonds or short-term investments, which generally tend to be less volatile than stocks. These types of investments may not decline as far when markets go down, but also may not appreciate in value as much when markets go up. The Aggressive Option offers a higher concentration in stock funds. The Moderate Option falls between the two.

When you select any of these options, your assets will be managed according to the age of your account's beneficiary, and automatically shifted from a higher concentration of stocks to bonds and short-term investments as the beneficiary ages. This helps protect your capital and lower your market exposure to risk as your beneficiary approaches college age.

aged base options - direct portfolio

If you want to determine when and how your investments adjust over time, you may want to consider Blended or Individual Portfolio Options. Please note that there are limitations on your ability to move assets between portfolios. 1


Direct Portfolio Blended and Individual Options

If you are interested in a set 529 investment allocation—and choosing if, when and how it adjusts over time—you may want to consider a Blended or Individual Portfolio. You can choose among five blended and three individual portfolios, which invest in stock fund, bond funds and short-term investments.

Unlike the Age-Based Options, your allocation to Blended and Individual Portfolios will remain fixed until you instruct the plan to change it. To help preserve capital and minimize the effects of equity market risk and fluctuations as your beneficiary nears college you can progressively move your assets to more conservative investments twice per calendar year for the same beneficiary. Please note that there are limitations on your ability to move assets between portfolios. 1

blended and individual options chart

If you'd like to free yourself from the task of adjusting your investment allocation over time, you may want to consider an Age-Based Option.


Performance

Check the prices and performance of each of the portfolios mentioned above.


1 Restrictions apply, please read the Plan Disclosure Statement carefully. - See more at: http://www.collegeinvest.org/collegeinvest-savings-plans/direct-portfolio-college-savings-plan/direct-portfolio-investment-options/direct-portfolio-age-based-options/#sthash.obl4KKTF.dpuf
1 Restrictions apply, please read the Plan Disclosure Statement carefully. - See more at: http://www.collegeinvest.org/collegeinvest-savings-plans/direct-portfolio-college-savings-plan/direct-portfolio-investment-options/direct-portfolio-age-based-options/#sthash.obl4KKTF.dpuf

1 Restrictions apply, please read the Plan Disclosure Statement (PDS) carefully.

Before establishing a 529 account and making contributions, it is imperative that investors read and understand all enrollment materials and disclosures from the programs.

Important Considerations
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 the State of Colorado or any other governmental entity, the Vanguard Group, Inc. or Ascensus College Savings, 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 Plan Manager for the CollegeInvest Direct Portfolio College Savings Plan and has overall responsibility for the day-to-day operations. The Vanguard Group, Inc. also serves as 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.