The 3 Montana 529 Plan Types
- Years of Enrollment Portfolios – plan type 1
- Asset Allocation Portfolios – plan type 2
- Individual Portfolios – plan type 3
- Investors can select all 3 plan types or any combination
- This plan is administered via Achieve Montana
Montana Years of Enrollment Portfolios - plan type 1
- Invests in Mutual Funds, ETFs, Cash Equivalents
- Automatic rebalancing of portfolios
- Portfolio rebalance to more conservative investments over time
Montana Asset Allocation Portfolios - plan type 2
- These portfolios are invested in various mutual funds and ETFs
- Each fund has different investment objectives
Montana Individual Portfolios - plan type 3
- Invests in Ishare’s Total U.S. Stock Market Index Fund
- U.S. Equity Index tracks the Russell 3000 index which tracks the broad stock market
- Bond Index Fund invests in the Vanguard Total Bond Market ETF
- Capital Preservation Portfolio invests in the New York Life Guranteed Interest Account
- These portfolios are passively Managed
