NextGen is the first college savings program to offer Exchange Traded Fund (ETF) investment portfolios to direct investors! These new portfolios provide you with a more cost-effective passive investment option through iShares, a well-recognized sponsor in ETF investments.
ETFs are similar to mutual funds. However, ETFs are tied to an index and traded like stocks. Unlike mutual funds which are priced once per day at the close of business, ETFs are traded throughout the day.
Most ETFs are tied to a stock market index, such as the S&P 500®,1 and attempt to replicate the performance of that index. Other ETFs are tied to commodities benchmarks such as precious metals, bonds or currencies or track the index of a specific country, sector or industry.
following ETF iShares portfolios are available through NextGen Direct:
Please remember there is always the potential of losing money when you invest in securities.
Asset allocation and diversification do not assure against loss in declining markets.
1 S&P 500 is a registered trademark of The McGraw-Hill Companies.