When you open an NJBEST account, you get experienced and knowledgeable management of your assets from Franklin Templeton Investments. You may choose to invest assets in as many of the following portfolios as you'd like.1
Fund Allocation by Portfolio: See the latest quarterly allocation by asset class for each portfolio.
See Individual Portfolio Options
Age-Based Portfolio Options
You can choose from three age-based asset allocation options -- conservative, moderate or growth. Your investments will be placed in a specific portfolio within the the Age-Based Investment 529 Portfolio that corresponds to the age of the Beneficiary as reported on the completed application form on the day the account in established. As your beneficiary ages, the age-based asset allocations move some of their investments from equity-based funds (which have more stocks) into income-seeking funds (such as bond and money-market funds). By the time college is around the corner, a greater proportion of your assets will be in investments designed to be more conservative and lower risk.
Investors should carefully consider plan investment goals, risks, charges and expenses before investing. To obtain the Investor Handbook, which contains this and other information, call Franklin Templeton Distributors, Inc., the manager and underwriter for the plan, at (877) 4NJ-BEST. You should read the Investor Handbook carefully before investing and consider whether your or the account 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 its qualified tuition program.
- The plan is managed by Franklin Mutual Advisers, LLC., an affiliate of Franklin Templeton Distributors, Inc. Plan portfolios generally invest in mutual funds managed by affiliates of Franklin Mutual Advisers, LLC. An investment in the NJBEST 529 College Savings Plan is an investment in a municipal security that may invest in one or more underlying mutual funds. It is not an investment in shares of the underlying mutual fund(s).