The plan consists of 14 funds. It covers 3 major asset classes and 9 minor asset classes. The major asset classes it covers are Fixed Income, US Equity and Foreign Equity.
Ohio CollegeAdvantage 529 Savings Plan is a traditional 529 plan that allows you to invest money today and reap tax benefits when you withdraw it to pay for qualified education expenses. It is supported by Fifth Third Bank, Putnam Investments, PIMCO, OppenheimerFunds, GE Asset Management, and The Vanguard Group®. It provided us with three kinds of investment options, including: Age-Based Options Blanced Options and Individual investment options. MyPlanIQ.com provides asset allocation strategies for the investors to constructs customized 529 portfolios, which is better tailored to their risk profile. The model portfolios are constructed basing on the plan-providing portfolios below.
A.Bank Options
B.Capital Preservation and Fixed-Income Options
1. Vanguard Prime Money Market Option
2. Vanguard Inflation-Protected Bond Option
3. Vanguard Income Portfolio
4. PIMCO Total Return Option
5. PIMCO High Yield Trust Option
C.Equity Options
1.Vanguard Aggressive Growth Index Portfolio
2.Vanguard 500 Index Option
3.Vanguard Morgan Growth Option
4.Vanguard Extended Market Index Option
5.Oppenheimer Main Street Small Cap Option
6.Vanguard Developed Markets International Stock Index Option
7.GE Institutional International Equity Option
8.Vanguard Windsor II Option
For more information, please visit the Official Website and the plan