Principal Plus Interest Portfolio
Overview
| Unit value as of | ||
|---|---|---|
| Day change | ||
| Total annual asset-based fees | ||
| Inception date | 10/26/2012 |
Investment objective
This Investment Portfolio seeks to preserve capital and provide a stable return.
Investment strategy
The assets in this Investment Portfolio are allocated to a funding agreement issued by TIAA-CREF Life, which is an affiliate of TFI, to the Wisconsin College Savings Program Trust as the policyholder on behalf of the Plan. The funding agreement provides a minimum guaranteed rate of return on the amounts allocated to it by the Investment Portfolio. The minimum effective annual interest rate will be neither less than 1% nor greater than 3% at any time. The guarantee is made by the insurance company to the policyholder, not to Account Owners. In addition to the guaranteed rate of interest to the policyholder, the funding agreement allows for the possibility that additional interest may be credited as declared periodically by TIAA-CREF Life. The rate of any additional interest is declared in advance for a period of up to 12 months and is not guaranteed for any future periods.
Accumulations (including contributions and earnings) under the Funding Agreement for the Principal Plus Interest Investment Portfolio will be credited to Edvest with an effective annual interest rate of 3.00%, and are guaranteed to earn this rate through December 31, 2024, subject to the claims-paying ability of TIAA-CREF Life.
Risk level
Conservative
Moderate
Aggressive
Learn more about how risk potential could affect your investment by completing our Risk Tolerance Questionnaire.
Historical performance
Average annual total returns as of 11/30/2024
| Category | Principal Plus Interest Portfolio | Benchmark |
|---|---|---|
| Year to date | 2.72% | 5.03% |
| 1 year | 2.98% | 5.53% |
| 3 years | 2.25% | 3.92% |
| 5 years | 2.00% | 2.49% |
| 10 years | 1.67% | 1.75% |
| Since inception | 1.58% | 1.45% |
Average annual total returns as of 9/30/2024
| Category | Principal Plus Interest Portfolio | Benchmark |
|---|---|---|
| Year to date | 2.21% | 4.17% |
| 1 year | 2.91% | 5.63% |
| 3 years | 2.14% | 3.63% |
| 5 years | 1.96% | 2.38% |
| 10 years | 1.64% | 1.67% |
| Since inception | 1.56% | 1.40% |
The performance data quoted represent past performance and are net of all fees and expenses. Past performance is not a guarantee of future results. Your returns and the principal value of your account will fluctuate, so your investment may be worth more or less than the original value when you withdraw your money. Current performance may be lower or higher than the performance quoted above. Investors cannot invest directly in a benchmark.
All performance figures in the table, with the exception of the performance figures in the year-to-date column, represent the average annual compound rate of the total return. All figures in the year-to-date column represent cumulative, nonannualized returns.
Asset allocation
- 100.00% Capital Preservation
Underlying funds
| Ticker | Underlying fund | Allocation |
|---|---|---|
| N/A | TIAA-CREF Life Funding Agreement | 100.00% |
The above table lists the underlying investments in which this investment portfolio invests and the percentage of the investment portfolio’s assets allocated to each of its investments. Please keep in mind that if you invest in this investment portfolio, you will own this investment portfolio; you will not own shares in any of the above mutual funds. For more information on investment portfolios, fees and expenses, including cost examples, please read the Plan Description.
529 Investment Lead
Jeremy Thiessen
Head of Investment Strategies
To learn more about the Edvest 529 College Savings Plan, its investment objectives, risks, charges and expenses, please see the Plan Description at Edvest.com. Read it carefully. Investments in the Plan are neither insured nor guaranteed and there is the risk of investment loss. Check with your home state to learn if it offers tax or other benefits such as financial aid, scholarship funds or protection from creditors for investing in its own 529 plan.
The material contained on this website is not intended to be a recommendation or investment advice, does not constitute a solicitation to buy, sell or hold a security or investment strategy and is not provided in a fiduciary capacity. The information provided does not take into account the specific objectives or circumstances of any particular investor or suggest any specific course of action. Investment decisions should be based on an investor’s objectives and circumstances.
TIAA-CREF Individual & Institutional Services, LLC, Member FINRA, is the distributor and underwriter for the Edvest College Savings Plan.
