Michigan Education Savings Program (MESP)

Single Fund Investment Option

You may want to consider this investment option if you’re looking to take a more focused approach to investing.

The Single fund investment option may offer a range of investment types suitable for a variety of risk profiles. Some investment options include index and actively managed choices. Index funds are designed to track a benchmark index. Active management, by contrast, is managed by a person using research, forecasts, and their own experience to make investment decisions.

Whatever your choice, the Single Fund Investment Option might be an investment path you wish to explore.

Changing Your Investments

Once you invest in a particular investment option, you can transfer contributions and any earnings to another investment option only twice per calendar year or upon a transfer of funds to a MESP account for a different beneficiary.

Periodically Review Your Investments

It’s a good idea to periodically re-evaluate your investment strategy as your goals, investment horizon, and personal situation change — for example, annually at tax time, on a yearly basis if your income changes, or upon the birth of another child.


How The Single Fund Investment Option Works

These investment options are each invested solely in shares of a single Underlying Fund. For those investment options invested in an Underlying Fund, their performance is entirely reliant on the performance of that Underlying Fund and may be more volatile than the Enrollment Year Investment Options or the multi-fund investment options. You should be aware that participants do not own shares of the underlying funds directly. Each of the single fund investment options is described in more detail below.

Single Fund Investment Option
Single Fund Investment Option
col1 col2

U.S. EQUITY INDEX

(Risk Level — Aggressive)

Investment Objective. This Investment Option seeks to provide a favorable long-term total return, mainly from capital appreciation.

Investment Strategy. This Investment Option invests 100% of its assets in a fund that mainly invests in U.S. equity securities across all capitalization ranges. The fund is considered to be an “index fund,” meaning that the fund attempts to track a benchmark index.

100.00%Equities
+ X

Single Fund Investment Option


Single Fund Investment Option
PORTFOLIO NAME ALLOCATION PORTFOLIO OBJECTIVE
U.S. EQUITY INDEX
(Risk Level — Aggressive)

Investment Objective. This Investment Option seeks to provide a favorable long-term total return, mainly from capital appreciation.

Investment Strategy. This Investment Option invests 100% of its assets in a fund that mainly invests in U.S. equity securities across all capitalization ranges. The fund is considered to be an “index fund,” meaning that the fund attempts to track a benchmark index.

Read More X

View Underlying Mutual Funds

[ ACTIVE CONTENT HERE ]


1219028