Investment Options

As a New Jersey family, NJBEST has an investment strategy designed to meet your college savings needs.

Choose the option that works best for you.

MOST USED

Select Portfolios that Automatically Adjust

Designed for college savings, these portfolios simplify your investing decisions. Investing in funds actively managed by Franklin Templeton Investments, age-based asset allocations move into more conservative portfolios as college nears. Nearly 2/3 of NJBEST investors choose the age-based portfolios.

Build Your Own Portfolio

For those looking to take a more active role in their investment selection, NJBEST offers both allocation portfolios and individual portfolios that allow you to customize an investment strategy to match your individual preferences.

Select Portfolios that Automatically Adjust

How does it work?

Provide the child’s age

Choose the asset allocation that matches your needs

Select portfolios that automatically adjust

Helpful Hint

If you are using your NJBEST account to save for K-12, consider Building Your Own Portfolio. The age-based portfolios may not be appropriate for K–12 time horizons.2

Find the right portfolio option for you

How old is the beneficiary?

0 Years
Newborn 19+

What level of risk are you comfortable with?

You can choose from three age-based asset allocation options – conservative, moderate or growth – depending on what track best addresses your individual situation.

Helpful Hint

If you aren’t comfortable with the results above, adjust your asset allocation to help you make your final decision. But remember, you can always modify you investment strategy up to two times per year.

In these easy steps, you can open an account and start saving now.

Open an Account

Build Your Own Portfolio

How does it work?

Choose one or more portfolios that best meet your college savings needs

Determine how much you want to invest in each

Manage your portfolio and adjust as needed3

Helpful Hint

With NJBEST, you can mix and match all of the Investment Options. Don’t worry, you can change your investment options up to two times per year.

Our Range of Portfolios

When building your own portfolio, you have access to all of the NJBEST Investment Options – objective-based portfolios, individual portfolios, and the age-based portfolios. You can choose one, two or all three.

And remember, you can change your selections up to two times per year.

Objective-Based Portfolios

These portfolios allow you to invest your assets according to the amount of investment risk you’re comfortable taking and the potential return characteristics you prefer. The portfolios are periodically rebalanced to maintain allocation percentages.

Franklin Growth Allocation 529 Portfolio

This growth allocation is designed for investors with a longer investment time horizon and/or a higher tolerance for risk.

Franklin Growth Allocation 529 Portfolio
Domestic Equity 70%
International Equity 30%

Franklin Growth & Income Allocation 529 Portfolio

This moderate allocation is designed for investors with a medium to longer investment time horizon and/or a moderate tolerance for risk.

Franklin Growth & Income Allocation 529 Portfolio
Domestic Equity 35%
International Equity 15%
Income 40%
Cash 10%

Franklin Income Allocation 529 Portfolio

This more conservative allocation is designed for investors with a shorter to medium investment time horizon and/or a lower tolerance for risk.

Franklin Income Allocation 529 Portfolio
Income 80%
Cash 20%

Franklin Corefolio® 529 Portfolio3

This portfolio invests in a combination of four underlying equity funds with distinct investment strategies. The allocation provides significant diversification across multiple industries, which may help reduce overall risk, and offers potential for long-term growth.

Franklin Corefolio® 529 Portfolio
Franklin Growth Opportunities Fund 25%
Franklin Growth Fund 25%
Templeton Growth Fund 25%
Franklin Mutual Shares 25%

Individual Portfolios

You also have the option to assemble your own portfolio, creating an asset allocation mix to suit your education investing needs.

S&P 500 Index 529 Portfolio

This allocation is for investors looking for a portfolio that seeks to replicate the performance of holdings of the Standard & Poor's 500 Index before expenses.

S&P 500 Index 529 Portfolio
Domestic Equity 100%

Franklin U.S. Government Money 529 Portfolio

This portfolio is designed for conservative investors seeking a high level of current cash that is consistent with the preservation of shareholder's capital and liquidity.

Franklin U.S. Government Money 529 Portfolio
Cash 100%

Age-Based Portfolios

Growth Risk Level

Domestic Equity
International Equity
Income
Cash

Moderate Risk Level

Domestic Equity
International Equity
Income
Cash

Conservative Risk Level

Domestic Equity
International Equity
Income
Cash

In these easy steps, you can open an account and start saving now.

Open an Account

Next Steps

Get Started

Open NJBEST account online

Open Account

Interested in our Underlying Funds?

See the latest quarterly allocation by asset class for each portfolio.

Download

Still have questions?

Check out our FAQs in our Resource Center.

FAQs