When you invest with Bright Directions, you get access to these quality fund managers.
Work with your investment professional to familiarize yourself with our different investment approaches and select the one that’s right for you: Age-Based, Target, or Individual Fund Portfolios. And if you’d like to rebalance your portfolio each year, don’t worry. The IRS allows an account owner to change the investment portfolio twice per calendar year or upon a change of beneficiary.
Overview: The professionally designed Age-Based Portfolios focus your investment strategy on the current age of the beneficiary. The objective is to create growth potential in the early years and reduce fluctuations in the account as college approaches. You choose the option (aggressive, moderate, or conservative) that matches your investing style.
Investor Profile: Age-Based Portfolios are best for college savers who are looking for an investment portfolio that automatically adjusts over time as the beneficiary gets closer to college age.
Overview: These seven diversified investment portfolios, ranging from aggressive to conservative, provide a set asset allocation of equity (stock), fixed income (bond), and money market investments. The portfolio you select will be rebalanced on an ongoing basis to maintain the targeted asset allocation regardless of the age of the beneficiary.
Investor Profile: Target Portfolios are designed for college savers who want a mix of stocks, bonds, real estate, and/or money market investments that keeps the same asset allocation over time.
Overview: The more than 30 Individual Fund Portfolios, representing multiple asset classes, allow you the freedom to tailor your choices to meet specific education investment goals. Working with your financial professional, you select a combination of individual funds that range from lower risk/lower return to higher risk/higher return investment options.
Investor Profile: Individual Fund Portfolios are offered for college savers who are utilizing the expertise of their financial advisor to customize their investment strategy.
Overview: Bright Directions offers even more choice and flexibility for RIAs and fee-only planners under Fee Structure F. To supplement the Individual Fund Portfolios, the program also offers 15 portfolios with exchange-traded funds as the underlying investment. More choice, more diversity, more flexibility—Bright Directions is a one-stop shop for all your 529 investing needs.
Investor Profile: The Individual Fund Portfolios, including the new ETF Portfolios, provide clients working with their registered investment advisor or fee-only planner the ultimate flexibility and choice with additional low-cost portfolios investing in Vanguard ETFs.