Investment Options
SMART529 WV Direct offers a variety of investment portfolios tailored to individual investor's savings needs.
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Age-Based Portfolios

SMART529 WV Direct offers a variety of investment portfolios tailored to individual investors' savings needs.

As their name suggests, Age-Based Portfolios are tailored for children in a particular age group. As your beneficiary gets older, your investment is automatically rebalanced from a more aggressive mix early on to a more conservative one as college nears.

Tax-free transfers between investment options are allowed twice per calendar year.

bar chart showing age-based portfolios

 

 

Underlying Funds for Age-Based Portfolios
 Fund Age-Based Portfolios
0-3 4-6 7-9 10-11 12-13 14-15 16 17 18+
 Vanguard Total Stock Market Index 62.75% 56.00% 49.00% 42.25% 35.50% 28.50% 21.75% 15.00% 8.25%
 Vanguard Total International Stock Index 29.25% 26.00% 23.00% 19.75% 16.50% 13.50% 10.25% 7.00% 3.75%
 Vanguard Total Bond Market II Index 8.00% 12.50% 19.00% 20.50% 24.50% 22.50% 11.00% 11.00% 11.00%
 Vanguard Inflation-Protected Securities 0.00% 5.50% 9.00% 9.50% 11.50% 10.50% 7.00% 7.00% 7.00%
 The Smart529 Stable Value Portfolio 0.00% 0.00% 0.00% 8.00% 12.00% 25.00% 50.00% 60.00% 70.00%
  100% 100% 100% 100% 100% 100% 100% 100% 100%

 

* Exception: SMART529 Stable Value Portfolio is managed by Invesco Advisers, Inc. and it is not a mutual fund.

Holdings are subject to change.

Vanguard and Invesco Advisers, Inc. are not affiliates or subsidiaries of Hartford Funds. For more information on the specific risks of these portfolios, please see the Offering Statement.


Static Portfolios

SMART529 WV Direct offers a variety of investment portfolios tailored to individual investors' savings needs.

Because investors differ in how long they plan to invest and how much risk they are willing to take, SMART529 also offers preset Static Portfolios ranging from an aggressive growth selection to more conservative choices. Tax-free transfers between investment options are allowed twice per calendar year.

 

 

Underlying Funds for Age-Based Portfolios


Individual Portfolios

SMART529 WV Direct offers a variety of investment portfolios tailored to individual investors' savings needs. Tax-free transfers between investment options are allowed twice per calendar year.

  • The SMART529 Stable Value Portfolio: This portfolio seeks to maximize current income while preserving principal and delivering stable investment returns. The portfolio invests 100% in an account managed by Invesco Advisers, Inc.
  • The SMART529 500 Index Portfolio: This portfolio seeks to track the performance of a benchmark index that measures the investing return of large-capitalization stocks. The portfolio invests 100% in the Vanguard Institutional Index Fund.

For more information on the specific risks of these portfolios, please see the Offering Statement.

 

 

Equity
  • Stock or shares of ownership or equity in a company.
  • Has historically offered the best growth opportunities over the long term as well as the highest risk and volatility.
 

Fixed Income
  • Any type of investment that yields a regular (or fixed) return, including bonds, money market instruments or preferred stock.
  • Is less risky and volatile than stocks, but has historically produced lower returns.
 

Stable Value
  • Stable Value is a fixed income strategy designed to seek current income while preserving principal and reducing return volatility.

 

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SMART529 is a college savings plan offered by the Board of Trustees of the West Virginia College and Jumpstart Savings Programs and administered by Hartford Funds Management Company, LLC ("HFMC").

SMART529 Direct is available to residents of West Virginia or to non-residents where the beneficiary is a resident of West Virginia. West Virginia (WV) provides certain tax advantages to WV taxpayers that invest in SMART529 Direct. Before investing, an investor should consider whether the investor’s or designated 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 such state’s 529 plan.

Investments in SMART529 are not guaranteed or insured by the State of West Virginia, the Board of Trustees of the West Virginia College and Jumpstart Savings Programs, the West Virginia State Treasurer's Office, HFMC, The Hartford Financial Services Group, Inc., the investment sub-advisers for the Underlying Funds or any depository institution. Investments in SMART529 are subject to investment risks, including the loss of the principal amount invested, and may not be appropriate for all investors.

Investments in SMART529 are subject to certain charges, which will reduce the value of your Account as they are incurred. Please see the Offering Statement for details of charges or fees that apply to the specific SMART529 savings plan.

This information is written in connection with the promotion or marketing of the matter(s) addressed in this material. The information cannot be used or relied upon for the purpose of avoiding IRS penalties. These materials are not intended to provide tax, accounting or legal advice. As with all matters of a tax or legal nature, you should consult your own tax or legal counsel for advice.

You should carefully consider the investment objectives, risks, charges and expenses of SMART529 and its Underlying Funds before investing. This and other information can be found in the Offering Statement for SMART529, including privacy notices, and the prospectuses or other disclosure documents for the Underlying Funds, which can be obtained by calling (866) 574−3542. Please read them carefully before you invest or send money. SMART529 is distributed by Hartford Funds Distributors, LLC. Member SIPC.

"The Hartford" is The Hartford Financial Services Group, Inc. and its subsidiaries.

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