NextGen Client Direct Series
NextGen Client Direct Series was designed to offer choice and flexibility with investment portfolios ranging from 100% equity to 100% fixed income, as well as a Principal Plus Portfolio. In addition, NextGen offers you the ability to select investments offered by several different fund families in the same account, for additional diversification.
These portfolios are designed to take into account the number of years until your beneficiary attends college. BlackRock offers convenient, professionally managed, balanced portfolios that are more aggressive when your child is young and are automatically reallocated to be more conservative as your child nears college age.
iShare ETFs are similar to mutual funds, but are passively managed and tied to an index. They are traded throughout the day (unlike mutual funds that are priced once per day at close of business). Click here to learn more.
Generally, diversified portfolios hold investments in many types of funds and/or securities. For example, investments may span different sectors (such as bio-tech or utilities) and/or geographic regions (such as Asia or Europe).
• BlackRock 100% Equity Portfolio
• Franklin Templeton Balanced
Portfolio
• iShares Diversified Equity
Portfolio
• iShares Diversified Fixed
Income Portfolio
• MFS Fixed Income Portfolio
A single fund portfolio is invested in one single underlying fund, and is a static investment.
The Principal Plus Portfolio invests in guaranteed insurance contracts (GICS) issued by one or more insurance companies, corporate fixed-income investments, cash equivalents and/or similar instruments. Effective November 10, 2010, the Principal Plus Portfolio began allocating a portion of its assets to the Cash Allocation Account, in addition to the existing GIC.
The Principal Plus Portfolio may be an option to consider if you have lower risk tolerance or a short time horizon before paying for college.
The asset allocations of the NextGen portfolios are recommended by the respective investment manager and approved by the Finance Authority of Maine (FAME). The charts illustrate the target allocations effective September 26, 2011. Allocations are subject to change.
Other Investment Choices
Select Series: an advisor-sold program, through Merrill Lynch Financial Advisors and Maine Distribution Agents. It offers even more investment options as well as the professional assistance of a financial advisor. Click here to learn more.
NextGen investors do not have any direct ownership interest in the underlying
funds. Click here to see
the NextGen Client Direct Series Program Description and Supplements
for details.
Please remember there is always the potential of losing money when you invest in securities.
Asset allocation and diversification do not assure against loss in declining markets.
Related Items:
Call NextGen at
1-877-4-NEXTGEN
(1-877-463-9843).
Maine residents can call
1-800-228-3734.
