The Portfolio seeks to achieve capital appreciation, income and preservation of capital as appropriate for its proximity to its target date. The target date is the year which corresponds to the potential college enrollment year of the Beneficiary. The objective of the Portfolio becomes more focused on capital preservation and income as it approaches its target date.
- Allocations are managed to gradually become more conservative as the expected date of college enrollment nears.
- Portfolios are adjusted quarterly to become more conservative and rebalanced monthly to help ensure you stay within appropriate risk levels.
- Portfolios are offered in two-year increments to more closely align the allocation to the optimal portfolio for the child's age.
- Portfolios designed to help outpace the rising costs of higher education.
Average Annual Returns (%)
|YTD (%)||1Y (%)||3Y (%)||5Y (%)||10Y (%)|
Annualized Benchmark Returns
|Index Name||1 Mo (%)||3 Mo (%)||1Y (%)||3Y (%)||5Y (%)||10Y (%)|
|Custom Invesco CollegeBound 2037-2038 Index (Advisor)||-2.31||5.43||11.04||4.98||6.33||N/A|
|Custom Invesco CollegeBound 2037-2038 Index (Advisor)||4.73||4.84||13.60||7.84||6.96||N/A|
An investment cannot be made directly in an index.
May not equal 100% due to rounding.
Portfolio Holdings | View all
|% of Total Assets|
|Invesco S&P 500 Pure Growth ETF||16.58|
|Invesco PureBeta MSCI USA ETF||14.15|
|Invesco Oppenheimer International Growth Fund||9.83|
|Invesco S&P International Developed Low Volatility ETF||9.42|
|Invesco S&P 500 Pure Value ETF||6.56|
|Invesco Discovery Mid Cap Growth Fund||5.81|
|Invesco Core Plus Bond Fund||5.29|
|Invesco Taxable Municipal Bond||4.72|
|Invesco Developing Markets Fund||4.54|
|Invesco Main Street Small Cap Fund||4.22|
|Invesco Short Term Bond Fund||4.03|
|Invesco S&P Emerging Markets Low Volatility ETF||3.16|
|Invesco Fundamental High Yield Corporate Bond ETF||3.02|
|Invesco S&P 500 High Dividend Low Volatility ETF||2.60|
|Invesco Floating Rate ESG Fund||2.54|
|Invesco Global Real Estate Income Fund||2.02|
|Invesco Short Duration Inflation Protected Fund||1.50|
May not equal 100% due to rounding.
Holdings are subject to change and are not buy/sell recommendations.
The portfolio is subject to the risks of the underlying investments. Market fluctuations may change the target weightings in the underlying investments and certain factors may cause the portfolio to withdraw its investments therein at a disadvantageous time.
In general, stock values fluctuate, sometimes widely, in response to activities specific to the company as well as general market, economic and political conditions.
An issuer may be unable to meet interest and/or principal payments, thereby causing its instruments to decrease in value and lowering the issuer's credit rating.
Derivatives may be more volatile and less liquid than traditional investments and are subject to market, interest rate, credit, leverage, counterparty and management risks. An investment in a derivative could lose more than the cash amount invested.
The Portfolio may invest in municipal securities issued by entities having similar characteristics, which may make the Portfolio more susceptible to fluctuation.
An investment in exchange-traded funds (ETFs) may trade at a discount to net asset value, fail to develop an active trading market, halt trading on the listing exchange, fail to track the referenced index, or hold troubled securities. ETFs may involve duplication of management fees and certain other expenses. Certain of the ETFs the fund invests in are leveraged, which can magnify any losses on those investments.
Growth stocks tend to be more sensitive to changes in their earnings and can be more volatile.
A value style of investing is subject to the risk that the valuations never improve or that the returns will trail other styles of investing or the overall stock markets.
Stocks of small and mid-sized companies tend to be more vulnerable to adverse developments, may be more volatile, and may be illiquid or restricted as to resale.
Junk bonds involve a greater risk of default or price changes due to changes in the issuer’s credit quality. The values of junk bonds fluctuate more than those of high quality bonds and can decline significantly over short time periods.
The use of environmental, social and governance (ESG) factors to exclude certain investments for non-financial reasons may limit market opportunities available to portfolios not using these criteria. Further, information used to evaluate ESG factors may not be readily available, complete or accurate, which could negatively impact the ability to apply ESG standards.
The risks of investing in securities of foreign issuers, including emerging markets, can include fluctuations in foreign currencies, political and economic instability, and foreign taxation issues.
Interest rate risk refers to the risk that bond prices generally fall as interest rates rise and vice versa.
The Portfolio invests in financial instruments that use the London Interbank Offered Rate (“LIBOR”) as a reference or benchmark rate for variable interest rate calculations. LIBOR will be phased out by the end of 2021, and it's anticipated that LIBOR will cease to be published after that time. To assist with the transition, US dollar LIBOR rates will continue to be published until June 2023. There is uncertainty on the effects of the LIBOR transition process, therefore any impact of the LIBOR transition on the Portfolio or its investments cannot yet be determined. There is no assurance an alternative rate will be similar to, produce the same value or economic equivalence or instruments using the rate will have the same volume or liquidity as LIBOR. Any effects of LIBOR transition and the adoption of alternative rates could result in losses to the Portfolio.
The Portfolio is subject to certain other risks. Please see the current Program Description for more information regarding the risks associated with an investment in the Portfolio.