NextGen offers multiple investment choices that can help meet your college planning needs:
Age-Based Diversified Portfolios
These portfolios provide an investment strategy that varies based on the age of the child. Funds are invested most aggressively when the child is young, and are automatically shifted to a more conservative approach as the child approaches college age.
These portfolios have specific investment objectives, such as growth or income.
These portfolios invest in one underlying mutual or exchange-traded fund, allowing allocation based on the underlying fund’s range of investments.
Stable Principal Portfolios
The Principal Plus Portfolio is currently invested in only a guaranteed interest account although it may also invest in corporate fixed income investments and/or similar instruments.
The NextGen Savings Portfolio is comprised exclusively of deposits in an interest-bearing, FDIC-insured bank account.