Conservative Portfolio
Overview
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| Total annual asset-based fees | ||
| Inception Date | 2/7/2025 |
Investment Objective
The Conservative Portfolio seeks to conservatively grow the Portfolio with modest income at higher risk. The Portfolio is designed for investors with a moderate tolerance for short-term market fluctuations who expect moderate capital appreciation and have a modest desire for income. The Portfolio investments include a mix of Underlying Funds that invest primarily in debt securities and Underlying Funds that invest primarily in equity.
Investment strategy
The Portfolio currently invests in the following Funds: Nuveen Equity Index Fund, Nuveen International Equity Index Fund, Nuveen Emerging Markets Equity Index Fund, Vanguard Real Estate Index Fund, Vanguard Total Bond Market Index Fund, and Vanguard High-Yield Corporate Fund; resulting in an allocation of 40% of its assets to Underlying Funds that invest primarily in equity securities and 60% to Underlying Funds that invest primarily in debt securities.
The Underlying Funds that invest mainly in debt securities include:
- a wide spectrum of public, investment-grade, taxable, fixed-income securities in the United States-including government, corporate, and international dollar-denominated bonds, as well as mortgage-backed and asset-backed securities-all with maturities of more than one year; and
- high-yielding, higher-risk corporate bonds and other fixed-income investments (commonly known as “junk bonds”) with medium-and lower-range credit quality ratings.
The Underlying Funds that invest mainly in equity securities include:
- U.S. equity securities across all capitalization ranges;
- foreign equity securities across all capitalization ranges, including the securities of issuers located in developed countries and emerging markets countries; and
- equity securities of issuers that are principally engaged in or related to the real estate industry, including real estate investment trusts (REITs).
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 1/31/2025
| Category | Conservative Portfolio | Benchmark |
|---|---|---|
| Year to date | N/A | N/A |
| 1 year | N/A | N/A |
| 3 years | N/A | N/A |
| 5 years | N/A | N/A |
| 10 years | N/A | N/A |
| Since inception | N/A | N/A |
Average annual total returns as of 12/31/2024
| Category | Conservative Portfolio | Benchmark |
|---|---|---|
| Year to date | N/A | N/A |
| 1 year | N/A | N/A |
| 3 years | N/A | N/A |
| 5 years | N/A | N/A |
| 10 years | N/A | N/A |
| Since inception | N/A | N/A |
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
- 24.00% U.S. Equity
- 12.00% International Equity
- 4.00% Real Estate
- 60.00% Fixed Income
Underlying funds
| Ticker | Underlying fund | Allocation |
|---|---|---|
| TIEIX | Nuveen Equity Index Fund | 24.00% |
| TCIEX | Nuveen International Equity Index Fund | 9.60% |
| TEQLX | Nuveen Emerging Markets Equity Index Fund | 2.40% |
| VGSNX | Vanguard Real Estate Index Fund | 4.00% |
| VBMPX | Vanguard Total Bond Market Index Fund | 50.00% |
| VWEAX | Vanguard High-Yield Corporate Fund | 10.00% |
The above table lists the underlying investments in which this Portfolio invests and the percentage of the Portfolios assets allocated to each of its investments. Please keep in mind that you will not own shares of the Underlying Funds or Funding Agreement. You are purchasing Units of Portfolios held in trust by the Program. Those Portfolios invest your contributions in one or more of the Underlying Funds and/or Funding Agreement. Please read the Program Details Booklet.
529 Investment Lead
Jeremy Thiessen
Head of Investment Strategies
To learn more about WA529 Invest, its investment objectives, risks, charges and expenses see the Program Details Booklet at 529invest.wa.gov before investing. Read it carefully. Except to the extent of the guarantee associated with the Principal Plus Interest Portfolio, 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 WA529 Invest.
