Index Age-Based Moderate
(Beneficiary age 6-8)
The Index Age-Based Moderate Option invests in the following mix of equity, real estate, fixed income, and/or money market/bank account funds allocated based on the current age of the Beneficiary. The Age-BasedPortfolio adjust over time so that as the Beneficiary nears college age eachAge-Based Portfolio’s allocation between equity, real estate, fixed income, and money market/bank account funds becomes more conservative relative to the allocation in earlier years.
iShares Total U.S. Stock Market Index Fund 42%
iShares Core MSCI Total International Stock ETF 23%
iShares Core U.S. Aggregate Bond ETF 18%
Vanguard High-Yield Corporate Fund 5%
iShares Developed Real Estate Index Fund 5%
iShares 0-5 Year TIPS Bond ETF 4%
Vanguard Total International Bond Index Fund 2%
Vanguard Emerging Markets Government Bond Index ETF 1%
Single Portfolio Performance Fee Structure as of May 31, 2023 YTD 3 Mo Average Annual Total Returns as of 5/31/2023 Expense RatioFootnote 1 Inception Date 1 Yr 3 Yrs 5 Yrs 10 Yrs Since InceptionFootnote 2 Fee Structure A 5.30% 2.23% - - - - 5.40% 0.47% 11/15/22 Fee Structure C 5.20% 2.13% - - - - 5.30% 0.72% 11/15/22 Fee Structure F 5.39% 2.33% - - - - 5.60% 0.22% 11/15/22
Past performance is not necessarily an indication of future performance. Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may be lower or higher than the performance data above. Performance information is current as of the most recent timeframe referenced above and is net of the Underlying Investment expenses, the program management fee, state fee, and any applicable account servicing fee.
For more information about the risks associated with each Investment Option and Underlying Investments, read the Program Disclosure Statement and the fund prospectus. The Investment Options’ risks are directly related to the risks of the Underlying Investments.