Age-Based Conservative

(Beneficiary age 11-12)

The Age-Based Conservative Investment Option invests in the following mix of domestic and international equity, global real estate, fixed income, and/or cash equivalents allocated based on the current age of the Beneficiary. The Age-Based Investment Options adjust over time so that as the Beneficiary nears college age each Age-Based Investment Option’s allocation between domestic and international equity, global real estate, fixed income, and cash equivalents becomes more conservative relative to the allocation in earlier years.

Underlying Investments

Fidelity U.S. Bond Index Fund 31.50%

Fidelity U.S. Bond Index Fund’s Complete Fund Information URL
Vanguard Total Stock Market ETF 25.00%

Vanguard Total Stock Market ETF’s Complete Fund Information URL
Vanguard Short-Term Bond ETF 14.00%

Vanguard Short-Term Bond ETF’s Complete Fund Information URL
Fidelity Total International Index Fund 12.00%

Fidelity Total International Index Fund’s Complete Fund Information URL
Vanguard Short-Term Inflation-Protected Securities ETF 9.00%

Vanguard Short-Term Inflation-Protected Securities ETF’s Complete Fund Information URL
Vanguard Global Credit Bond Fund 5.50%
iShares Global REIT ETF 3.00%