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NextGen 529 Investment Options

NextGen 529 offers a variety of investment options in two separate series – the Client Direct Series and the Client Select Series. The Client Direct Series is for investors who want to manage their own investments. The Client Select Series is for investors who want to work with a financial advisor.

Each series offers different investment options, each with its own sales charges, fees and expense structure. Some of the same investment options are available in each series.

Download DIRECT Series Program Description

Download SELECT Series Program Description

Client Direct Series Highlights

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Self-directed

The Client Direct Series is for investors who want to manage their own investments.

There are 12 investment options available in the Client Direct Series, including 11 managed by BlackRock, as well as the Principal Plus Portfolio and the NextGen Savings Portfolio:

  • 2 Age-Based Diversified Portfolio Options
  • 5 Diversified Portfolio Options
  • 3 Single Fund Portfolio Options
  • 1 Principal Plus Portfolio
  • 1 NextGen Savings Portfolio

Client Direct Series Investment Guide

See page 23 of the Direct Series Program Description

Fees and Charges

Total Annual Asset-Based Fees, which include Program Fees and Underlying Fund expenses, vary based on the Portfolio option selected.

Range of Total Annual Asset-Based Fees*
Client Direct Series Units 0.00% – 0.53%

*As a percentage of a Portfolio’s average annual net assets.

  • Other fees and charges may apply.
  • Underlying Fund expenses are subject to change, affecting Total Annual Asset-Based Fees.

See page 27 of the Direct Series Program Description

Performance

View historical performance of the Client Direct Series Portfolios. 

Contributions

The minimum initial contribution is $25 (no minimum when funding an account through payroll deduction or automated contributions and in certain other circumstances). The minimum subsequent contribution is also $25. The maximum contribution limit is $500,000 for all accounts for the same beneficiary.

Opening an account

You can open an account online or request that an enrollment kit be mailed to you. Open an Account today.

Customer service

Once you have opened your account, you can manage your account online – request distributions, make investment changes and contribute. Visit merrilledge.com to register to view your account online. You will need your account number.

Account Servicing Forms are also available on this website. Contact a NextGen 529 representative at 877-463-9843.

For more information about the Client Direct Series, including but not limited to investment options and fees and expenses, read the Program Description

 

Client Select Series Highlights

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Work with a Financial Advisor

The Client Select Series is available for those investors who want to work with a financial advisor.

Investment options

There are 39 investment options available in the Client Select Series, including 37 investment options managed by one of American Century, BlackRock, Franklin Templeton, Lord Abbett, MainStay, MFS or Neuberger Berman, as well as the Principal Plus Portfolio and the NextGen Savings Portfolio:

  • 4 Age-Based Diversified Portfolio Options
  • 11 Diversified Portfolio Options
  • 22 Single Fund Portfolio Options
  • 1 Principal Plus Portfolio
  • 1 NextGen Savings Portfolio

See page 25 of the Select Series Program Description

Fees and Charges

Total Annual Asset-Based Fees, which include Program Fees and Underlying Fund expenses, vary based on the Portfolio option selected.

Range of Total Annual Asset-Based Fees*
Client Select Series – A Unit Class 0.00%-1.31%
Client Select Series – C Unit Class 0.00%-2.06%

* As a percentage of a Portfolio’s average annual net assets.

  • Other fees and charges may apply.
  • Sales charges may apply to purchases and to certain withdrawals.
  • Underlying Fund expenses are subject to change, affecting Total Annual Asset- Based Fees.

See page 29 of the Select Series Program Description

Performance

View historical performance of the NextGen Client Select Series Portfolios.

Contributions

The minimum initial contribution is $25 (no minimum when funding an account through payroll deduction or automated contributions and in certain other circumstances). The minimum subsequent contribution is $25. The maximum contribution limit is $500,000 for all accounts for the same beneficiary.

Opening an account

The Client Select Series is offered through a Merrill Financial Solutions Advisor or through a Maine Distribution Agent.

Customer service

Once you have opened your account, you can work with your financial advisor to manage your account. You can also manage your account online – request distributions, make investment changes and contribute. Visit mymerrill.com to register to view your account online. You will need your account number.

Account Servicing Forms are available through your financial advisor or by contacting a NextGen 529 representative at 877-463-9843.

For more information about the Client Select Series, including but not limited to investment options and fees and expenses, read the Program Description.

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