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Conservative Growth Portfolio

Overview

Unit Price as of 10/21/2024 $18.96
Change -$0.11 -0.58%
Expense Ratio as of 10/21/2024 0.36%
Inception Date 12/07/2007

Investment Objective

The Portfolio seeks to provide current income and low to moderate capital appreciation.

Investment Strategy

The Portfolio invests in two Vanguard® bond index funds and two Vanguard stock index fund, resulting in an allocation of 75% of its assets to investment-grade bonds and 25% of its assets to stocks. The percentages of the Portfolio's assets allocated to each Fund are:

Vanguard Total Bond Market II Index Fund (52.5%)
Vanguard Total International Bond Index Fund (22.5%)
Vanguard Total Stock Market Index Fund (15%)
Vanguard Total International Stock Index Fund (10%)

Through its ownership of the two stock funds, the Portfolio indirectly owns primarily large-capitalization and, to a lesser extent, mid-, small-, and micro-capitalization U.S. stocks, and international stocks. Through its ownership of Vanguard Total Bond Market II Index Fund, the Portfolio indirectly holds a mix of bonds—including government, corporate, and international dollar-denominated bonds, as well as mortgage-backed and asset-backed securities— that represent a wide spectrum of public, investment-grade, taxable, fixed income securities in the United States, all with maturities of more than 1 year. The Fund maintains a dollar-weighted average consistent with that of the Bloomberg Barclays U.S. Aggregate Float Adjusted Index, which generally ranges between 5 and 10 years.Through its ownership of Vanguard Total International Bond Index Fund, the Portfolio also indirectly holds government, government agency, corporate, and securitized non-U.S. investment-grade fixed income investments, all issued in currencies other than the U.S. dollar and with maturities of more than 1 year. To minimize the currency risk associated with investment in bonds denominated in currencies other than the U.S. dollar, the Fund attempts to hedge its currency exposures. Through its ownership of the stock funds, the portfolio also indirectly owns primarily large-capitalization U.S. stocks and, to a lesser extent, mid-, small-, and micro-capitalization U.S. stocks.

Investment Risks

Because it invests mainly in bond funds, the Portfolio primarily is subject to low to moderate levels of interest rate risk, credit risk, income risk, call risk, prepayment risk, and extension risk. The Portfolio also has low to moderate levels of stock market, country/regional risk, currency hedging risk, and nondiversification risk, and low levels of currency risk, emerging markets risk, index sampling risk, and derivatives risk.

Average Annual Returns - Updated Monthly as of 09/30/2024

Name 1 year 3 year 5 year 10 year Since Inception 12/07/2007
Name Conservative Growth Portfolio 1 year 15.60% 3 year 0.81% 5 year 2.86% 10 year 3.59% Since Inception 12/07/2007 3.95%
Name *ID 529 Conservative Growth Composite** 1 year 15.99% 3 year 1.28% 5 year 3.52% 10 year 4.25% Since Inception 12/07/2007 4.60%

*Note - ID 529 Conservative Growth Composite reflects monthly re-balancing through February, 28 2013 and daily rebalancing thereafter.
**Consists of the Spliced Bloomberg Barclays U.S. Aggregate Float Adjusted Index (52.5%), the Bloomberg Barclays Global Aggregate ex-USD Float Adjusted RIC Capped Index (USD Hedged) (22.5%), the CRSP US Total Market Index (15%), and the FTSE Global All Cap ex US Index (10%). The CRSP US Total Market Index replaced the MSCI US Broad Market Index (on June 3, 2013), which had replaced the Dow Jones Wilshire 5000 Index (on April 22, 2005). The Spliced Bloomberg Barclays U.S. Aggregate Float Adjusted Index consists of the Barclays U.S. Aggregate Bond Index through December 31, 2009; and the Bloomberg Barclays U.S. Aggregate Float Adjusted Index thereafter. Effective September 29, 2016, Barclays indexes were rebranded to Bloomberg Barclays indexes. The FTSE Global All Cap ex US Index replaced the MSCI ACWI ex USA IMI Index (on June 3, 2013), which had replaced the MSCI EAFE + Emerging Markets Index (on December 16, 2010).

Annual Investment Returns

Year Ended Conservative Growth Portfolio
Year Ended 2023 Conservative Growth Portfolio 9.96%
Year Ended 2022 Conservative Growth Portfolio -14.38%
Year Ended 2021 Conservative Growth Portfolio 2.59%
Year Ended 2020 Conservative Growth Portfolio 9.01%
Year Ended 2019 Conservative Growth Portfolio 12.60%

Historical Prices

10/21/2024 $18.96
10/18/2024 $19.07
10/17/2024 $19.04
10/16/2024 $19.10
10/15/2024 $19.04

Search for more historical price information

Index performance is provided as a benchmark but is not illustrative of any particular investment. An investment cannot be made in an index.

The performance data shown represents past performance. Past performance - especially short-term past performance - is not a guarantee of future results. Investment returns and principal value will fluctuate, so investors' units, when sold, may be worth more or less than their original cost. Current performance may be higher or lower than the performance data cited. For performance data current to the most recent month-end click here.

For more information about the Idaho College Savings Program ("IDeal"), call 866-433-2533 or click here to obtain a Disclosure Statement. The Disclosure Statement discusses investment objectives, risks, charges, expenses, and other important information. Because investing in IDeal is an important decision for you and your family, you should read and consider the Disclosure Statement carefully before investing. Ascensus Broker Dealer Services, Inc. ("ABD") is Distributor of IDeal.

Please Note: Before you invest, consider whether your or the beneficiary's home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in that state's qualified tuition program. You should also consult your financial, tax, or other advisor to learn more about how state-based benefits (or any limitations) would apply to your specific circumstances. You also may wish to contact directly your home state's 529 college savings plan(s), or any other 529 plan, to learn more about those plans' features, benefits, and limitations. Keep in mind that state-based benefits should be one of many appropriately weighted factors to be considered when making an investment decision.

IDeal is administered by the Idaho College Savings Program Board ("Board"). ABD, the program manager, and its affiliates, have overall responsibility for the day-to-day operations, including investment advisory, recordkeeping and administrative services, and marketing. The Vanguard Group, Inc. ("Vanguard") serves as Investment Manager for IDeal. Sallie Mae Bank serves as the Savings Portfolio Manager for IDeal. IDeal's Portfolios invest in either: (i) mutual funds and a separate account offered or managed by Vanguard; or (ii) an FDIC-insured omnibus savings account held in trust by the Board at Sallie Mae Bank. Except for the Savings Portfolio, investments in IDeal are not insured by the FDIC. Units of the Portfolios are municipal securities and the value of units will vary with market conditions.

Investment returns will vary depending upon the performance of the Portfolios you choose. Except to the extent of FDIC insurance available for the Savings Portfolio, you could lose all or a portion of your money by investing in IDeal, depending on market conditions. Account Owners assume all investment risks as well as responsibility for any federal and state tax consequences.

Not FDIC-Insured (except for the Savings Portfolio). No Bank, State or Federal Guarantee. May Lose Value.