Age Based Option (Most Popular)
This option offers a ready-mixed investment portfolio intended for those saving for college. This choice allows you to follow an investment strategy that varies based on the age of the child or the number of years remaining before the child is expected to enroll in college. As enrollment in college draws near, the mix of investments in your account automatically shifts from more aggressive equities to more conservative fixed-income and money market mutual funds.
If you choose this option, you’ll simply need to select a risk track (conservative, moderate or aggressive) that best represents your personal risk tolerance.
Aggressive
- Equities
- Fixed Income
- Money Market
Moderate
- Equities
- Fixed Income
- Money Market
Conservative
- Equities
- Fixed Income
- Money Market
Retail Money Market funds and Government Money Market funds which may impose fees and gates: You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The Fund may impose a fee upon sale of your shares or may temporarily suspend your ability to sell shares if the Fund's liquidity falls below required minimums because of market conditions or other factors. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund's sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time.
The percentage allocations shown are target allocations as of March 31, 2024. These target allocations, and the actual percentage allocations to each underlying fund and asset class, are subject to change at any time. In addition, the underlying funds included in the Asset Allocation Portfolios may change. For the target-allocation ranges to individual asset classes, please see the Program Description.
Asset allocation does not ensure a profit or protect against loss.
Target-Allocation Option
The Target-Allocation Option allows you to choose among seven target-allocation portfolios ranging from aggressive to more conservative, allowing you to choose a strategy best suited to your investment goals. Unlike the age-based portfolios that shift over time, your investment in an asset-allocation portfolio will remain constant unless you decide to change it.
Asset Allocation Portfolios
| Portfolio Breakdown | Portfolio name
Select to view pricing and performance |
|---|---|
| 92% Equities, 8% Fixed Income/Other | Future Scholar Aggressive Growth |
| 83% Equities, 17% Fixed Income/Other | Future Scholar Growth |
| 63% Equities, 37% Fixed Income/Other | Future Scholar Moderate Growth |
| 53% Equities, 47% Fixed Income/Money Market/Other | Future Scholar Moderate |
| 33% Equities, 67% Fixed Income/Money Market | Future Scholar Moderately Conservative |
| 11% Equities, 89% Fixed Income/Money Market | Future Scholar Conservative |
| 100% Fixed Income/Money Market | Future Scholar College |
|
Equities
Fixed Income/Money Market/Other
|
Retail Money Market funds and Government Money Market funds which may impose fees and gates: You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The Fund may impose a fee upon sale of your shares or may temporarily suspend your ability to sell shares if the Fund's liquidity falls below required minimums because of market conditions or other factors. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund's sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time.
The percentage allocations shown are target allocations as of March 31, 2024. These target allocations, and the actual percentage allocations to each underlying fund and asset class, are subject to change at any time. In addition, the underlying funds included in the Asset Allocation Portfolios may change. For the target-allocation ranges to individual asset classes, please see the Program Description.
Asset allocation does not ensure a profit or protect against loss.
Single-fund Option
This investment choice allows you to customize a portfolio by selecting from a variety of offerings, each of which invests in a single underlying fund.
Columbia Portfolios
Underlying Funds |
Portfolio NameSelect to view pricing and performance |
| Columbia Large Cap Index Fund | Future Scholar Large Cap Index |
| Columbia Mid Cap Index Fund | Future Scholar Mid Cap Index |
| Columbia Small Cap Index Fund | Future Scholar Small Cap Index |
| Vanguard Developed Markets Index Fund | Future Scholar International Equity Index |
| Vanguard Total Bond Market II Index Fund | Future Scholar Bond Index |
| Vanguard Short-Term Bond Index Fund | Future Scholar Short Term Bond Index |
| Schwab US TIPS ETF | Future Scholar TIPS Bond ETF |
| CMG Ultra Short Term Bond Fund | Future Scholar Ultra Short Term Bond |
| Separately Managed "Stable Value" Account1 | Future Scholar Legacy Capital Preservation2 |
| Truist FDIC-insured interest bearing account | Future Scholar Bank Deposit |
1 This portfolio invests in a separately managed account that invests primarily in book value investment contracts backed by one or more portfolios of short- and intermediate-term investment-grade bonds, Class I shares of Columbia Government Money Market Fund and, with respect to contributions made prior to October 1, 2010, a funding agreement.
2 Although the issuer seeks to preserve the value of the investment at a fixed share price, it is possible to lose money by investing in this portfolio.
