Explore your investment options
Shape your savings approach
When it comes to saving for future education needs, every family is different. That's why Alaska 529 offers three investment approaches incorporated into 15 different portfolios to suit your specific situation and savings goals. Enrollment-based portfolios start out aggressive and automatically become more conservative as the target date is approached, static portfolios maintain fixed allocations, and the University of Alaska (UA) portfolio which offers a tuition value guarantee when used to pay tuition at UA.
Enrollment-based portfolios are target date investments with allocations that change automatically based on time horizon.
The eight actively managed enrollment-based portfolios include a mix of stock and bond mutual funds1 that are periodically adjusted to become more conservative as the target year approaches. Once you've estimated how many years until you plan to use your savings, you can use the tool below to review your options.
Portfolio Details
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100% stocks
This all-equity portfolio seeks long-term capital appreciation by broadly investing in funds focused on domestic and international equity markets. The strategy is based on the understanding that the volatility associated with equity markets can be accompanied by the greatest potential for long-term capital appreciation. Portfolio 2045 will begin to shift and become more conservative three years later than Portfolio 2042. The detailed asset allocations for this portfolio are available in the Plan Disclosure Document.
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100% stocks
This all-equity portfolio seeks long-term capital appreciation by broadly investing in funds focused on domestic and international equity markets. The strategy is based on the understanding that the volatility associated with equity markets can be accompanied by the greatest potential for long-term capital appreciation. The detailed asset allocations for this portfolio are available in the Plan Disclosure Document.
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97.50% stocks2.50% bonds
This primarily-equity portfolio seeks long-term capital appreciation by broadly investing in funds focused on domestic and international equity markets. The strategy is based on the understanding that the volatility associated with equity markets can be accompanied by the greatest potential for long-term capital appreciation. The detailed asset allocations for this portfolio are available in the Plan Disclosure Document.
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82.50% Stocks17.50% Bonds
This primarily-equity portfolio seeks long-term capital appreciation by broadly investing in equity funds focused on domestic and international equity markets, with some exposure to fixed income. The strategy is based on the understanding that the volatility associated with equity markets can be accompanied by the greatest potential for long-term capital appreciation. The detailed asset allocations for this portfolio are available in the Plan Disclosure Document.
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67% Stocks33% Bonds
This portfolio seeks long-term capital appreciation by broadly investing in equity funds focused on domestic and international equity markets, with additional exposure to fixed income. The strategy is based on the understanding that the volatility associated with equity markets can be accompanied by the greatest potential for long-term capital appreciation. The detailed asset allocations for this portfolio are available in the Plan Disclosure Document.
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51.25% Stocks48.75% Bonds
This balanced portfolio invests in both stocks and fixed income instruments, with slightly higher exposure to stocks. The portfolio invests in both domestic and international equity markets. The strategy is based on the understanding that the volatility associated with equity markets can be accompanied by the greatest potential for long-term capital appreciation. The detailed asset allocations for this portfolio are available in the Plan Disclosure Document.
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34.25% Stocks65.75% Bonds
This portfolio invests in both stocks and fixed income instruments, with a moderately higher exposure to fixed income. The portfolio invests in both domestic and international equity markets. This mix of funds offers reduced exposure to equities while diversifying in fixed income markets to reduce the risk and volatility typically associated with equity markets. The detailed asset allocations for this portfolio are available in the Plan Disclosure Document.
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20% Stocks80% Bonds
This portfolio invests in both stocks and fixed income instruments, with most of its allocation dedicated to fixed income. The portfolio invests in both domestic and international equity markets. This mix of funds offers reduced exposure to equities while diversifying in fixed income markets to reduce the risk and volatility typically associated with equity markets. The detailed asset allocations for this portfolio are available in the Plan Disclosure Document.
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20% Stocks80% Bonds
This portfolio is designed for beneficiaries who are already enrolled or are about to enroll in school. Emphasizing a mix of high-quality fixed income investments, this portfolio also maintains an approximate 20% allocation to stock funds. There is exposure to international stocks as well. The portfolio seeks to generate income—at a time when a beneficiary may be taking distributions from an Account for education expenses—while also aiming to provide portfolio growth that meets or exceeds tuition inflation. There is no guarantee the portfolio will provide adequate income, and you could experience losses near, at, or through enrollment. The detailed asset allocations for this portfolio are available in the Plan Disclosure Document.
The portfolio description and asset allocations for each underlying fund are as of the most recent Plan Disclosure Document and related supplements; the allocations may be higher or lower than shown. Please see the Plan Disclosure Document and related supplements for the most recent portfolio description, portfolio composition, and neutral allocation information.
T. Rowe Price mutual funds compose the underlying investments of each of the portfolios.
All investments are subject to market risk, including possible loss of principal. Stocks can decline for many reasons, including adverse political or economic developments here or abroad, changes in investor psychology, or heavy institutional selling. Bonds may decline in response to rising interest rates, a credit rating downgrade, or failure of the issuer to make timely payments of interest or principal. Foreign investments are subject to additional risks, including potentially adverse political and economic developments overseas, greater volatility, less liquidity, and the possibility that foreign currencies will decline against the dollar.
*All investments are subject to market risk, including the possible loss of principal. The fund may not succeed in generating a positive environmental and/or social impact. The fund’s incorporation of environmental and/or social impact criteria into its investment process may cause the fund to perform differently than a fund that uses a different methodology to identify and/or incorporate environmental and/or social impact criteria or that relies solely or primarily on financial metrics. Stocks generally fluctuate in value more than bonds and may decline significantly over short time periods. Investing in the securities of non-U.S. issuers involves special risks not typically associated with investing in U.S. issuers. Non-U.S. securities tend to be more volatile and have lower overall liquidity than investments in U.S. securities and may lose value because of adverse local, political, social, or economic developments overseas or due to changes in the exchange rates between foreign currencies and the U.S. dollar. Because the fund is normally heavily exposed to foreign currencies, the fund is subject to the significant risk that it could experience losses based solely on the weakness of foreign currencies versus the U.S. dollar and changes in the exchange rates between such currencies and the U.S. dollar. Investments in emerging market countries are subject to greater risk and overall volatility than investments in the U.S. and developed markets.
Static portfolios are fixed investments composed of one or more T. Rowe Price mutual funds.
These six portfolios invest in a predetermined mix of stocks, bonds, and/or money market funds so that the asset allocations are designed to remain fixed. Investing in a more aggressive or conservative portfolio allows flexibility to choose an option that works best for you.
Portfolio Details
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Equity Portfolio
100% stocks100% stocksEmphasizing long-term capital appreciation, this all-equity portfolio invests in a broad range of funds focused on domestic and international equity markets. It is designed for account owners who want a broadly diversified portfolio of primarily actively managed mutual funds that does not become more conservative over time.* Because this portfolio invests in many underlying funds, it will have partial exposure to the risks of different areas of the market. This strategy is based on the understanding that the volatility associated with equity markets can be accompanied by the greatest potential for long-term capital appreciation. The detailed asset allocations for this portfolio are available in the Plan Disclosure Document.
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Total Equity Market Index Portfolio
100% stocks100% stocksThe Total Equity Market Index Portfolio seeks to approximate the performance of a benchmark index that measures the investment return of U.S. stocks. The portfolio invests in the Small-Cap Index Fund—I Class, Mid-Cap Index Fund—I Class, and Equity Index 500 Fund—I Class. Index investing can provide a convenient and relatively low-cost way to approximate the performance of a particular market. The detailed asset allocations for this portfolio are available in the Plan Disclosure Document.
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Global Impact Equity Portfolio
100% stocks100% stocksThis portfolio invests exclusively in the T. Rowe Price Global Impact Equity Fund. The T. Rowe Price Global Impact Equity Fund seeks long-term growth of capital.*
Under normal conditions, at least 80% of the fund's net assets will be invested in equity securities and at least 40% of the fund's net assets will be invested in companies outside the U.S. Equity securities may include common stocks, preferred stocks, or convertible securities. In addition, for purposes of these policies, the fund's investments include instruments that are linked to, or provide exposure to, equities or companies outside of the U.S., such as depositary receipts. The fund may invest in issuers of any market capitalization and in securities offerings that are not registered in the U.S. or denominated in the U.S. dollar. The fund may invest in issuers in emerging markets. In pursuing its investment objective, the fund seeks to generate a positive, measurable environmental and/or social impact with the potential to outperform its benchmark index. The fund selects companies for its portfolio using T. Rowe Price’s in-house proprietary screening process. This screening process relies on T. Rowe Price's independent analysis of each issuer. Each company selected for inclusion in the fund's portfolio is capable of achieving and sustaining above-average, long-term earnings and cash flow growth, and its current or future business activities are expected to generate a positive impact under one of the following three impact pillars: climate and resource impact, social equity and quality of life, and/or sustainable innovation and productivity.
The materiality of positive impact is assessed according to specific, in-house metrics for every business activity that aligns to one of the three impact pillars. Companies must meet one of the following four criteria: (1) a majority of current or future profits tied to at least one impact pillar; (2) a majority of expected revenues or profits in 10 years tied to at least one impact pillar, as projected by the fund's portfolio manager; (3) best-in-class companies where a company is a leader in generating material social or environmental impact in its respective business activity or sector; and (4) occasionally, unique impact situations where a company has made or is expected to make a material social or environmental impact outside the scope of its otherwise normal business activities. The detailed asset allocations for this portfolio are available in the Plan Disclosure Document.
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Fixed Income Portfolio
100% bonds100% bondsThis portfolio's primary objective is to seek a high level of current income with moderate price fluctuations by investing exclusively in the T. Rowe Price Spectrum Income Fund, which invests in a diversified group of other T. Rowe Price mutual funds. The fund, which invests in a variety of domestic and international bond funds, a money market fund, and an income-oriented stock fund, seeks to maintain broad exposure to several markets in an attempt to reduce the impact of declining markets and to benefit from good performance in particular market segments over time. The strategy is based on a lower-risk investment approach that seeks to conserve principal and generate a reasonable level of return while minimizing the risks associated with equity markets. The detailed asset allocations for this portfolio are available in the Plan Disclosure Document.
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Balanced Portfolio
60% stocks40% bonds60% stocks40% bondsThis moderately aggressive portfolio focuses on a mix of approximately 60% of its holdings invested in stocks, including some exposure to international stocks, while seeking diversification through approximately 40% of its holdings allocated to fixed income. This strategy is based on accepting the risks associated with stocks, which have the potential to provide high returns, and seeking to balance the effects of volatility through diversification in fixed income securities. The detailed asset allocations for this portfolio are available in the Plan Disclosure Document.
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Money Market Portfolio
100% money market100% money marketThis portfolio invests exclusively in the T. Rowe Price U.S. Treasury Money Fund, which is a money market fund managed to provide a stable share price of $1.00 by investing in short-term, high-quality securities backed by the U.S. government and repurchase agreements thereon. This portfolio is designed for account owners who are conservative investors or who have a beneficiary nearing enrollment. The detailed asset allocations for this portfolio are available in the Plan Disclosure Document.
You could lose money by investing in this portfolio. Although the money market fund in which this portfolio invests seeks to preserve its value at $1.00 per share, the underlying money market fund cannot guarantee that it will do so. An investment in this portfolio is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The underlying money market fund’s sponsor has no legal obligation to provide financial support to the underlying fund, and you should not expect that the sponsor will provide financial support to the underlying money market fund at any time.
General Information:
The portfolio description and asset allocations for each underlying fund are as of the most recent Plan Disclosure Document and related supplements; the allocations may be higher or lower than shown. Please see the Plan Disclosure Document and related supplements for the most recent portfolio description, portfolio composition, and neutral allocation information.
T. Rowe Price mutual funds compose the underlying investments of each of the portfolios.
All investments are subject to market risk, including possible loss of principal. Stocks can decline for many reasons, including adverse political or economic developments here or abroad, changes in investor psychology, or heavy institutional selling. Bonds may decline in response to rising interest rates, a credit rating downgrade, or failure of the issuer to make timely payments of interest or principal. Foreign investments are subject to additional risks, including potentially adverse political and economic developments overseas, greater volatility, less liquidity, and the possibility that foreign currencies will decline against the dollar.
*All investments are subject to market risk, including the possible loss of principal. The fund may not succeed in generating a positive environmental and/or social impact. The fund’s incorporation of environmental and/or social impact criteria into its investment process may cause the fund to perform differently than a fund that uses a different methodology to identify and/or incorporate environmental and/or social impact criteria or that relies solely or primarily on financial metrics. Stocks generally fluctuate in value more than bonds and may decline significantly over short time periods. Investing in the securities of non-U.S. issuers involves special risks not typically associated with investing in U.S. issuers. Non-U.S. securities tend to be more volatile and have lower overall liquidity than investments in U.S. securities and may lose value because of adverse local, political, social, or economic developments overseas or due to changes in the exchange rates between foreign currencies and the U.S. dollar. Because the fund is normally heavily exposed to foreign currencies, the fund is subject to the significant risk that it could experience losses based solely on the weakness of foreign currencies versus the U.S. dollar and changes in the exchange rates between such currencies and the U.S. dollar. Investments in emerging market countries are subject to greater risk and overall volatility than investments in the U.S. and developed markets.
University of Alaska Portfolio
This balanced portfolio of stock, bond, and money market funds offers a unique tuition-value guarantee when used for payment of tuition at the University of Alaska. A beneficiary may use funds from this portfolio for any other purpose or at any other institution, but in those cases, the guarantee does not apply.
Portfolio Details
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University of Alaska Portfolio
40% stocks60% bonds40% stocks60% bondsThe University of Alaska Portfolio is a balanced portfolio with a mix of approximately 40% stock funds and 60% fixed income funds. Like all Alaska 529 portfolios, it is professionally managed by T. Rowe Price. This portfolio is an option if you seek a balanced, low-cost approach to investing.
The University of Alaska Portfolio offers the Alaska 529 tuition-value guarantee,* which allows you to purchase UA tuition credits now for future use. Your portfolio contributions are tracked and reported to you in both their monetary and corresponding UA tuition credit values. With this guarantee, you do not need to face the uncertainty of predicting future UA tuition, and it ensures that your child’s tuition costs will be covered regardless of future tuition increases. If your child attends a school other than UA , you can still take advantage of the full monetary value of your account.
Since the University of Alaska Portfolio locks in the current tuition value at the University of Alaska, it can be a good choice if you believe your child may attend UA. However, this investment option can be used to save for virtually any college in the country if you choose.
The detailed asset allocations for this portfolio are available in the Plan Disclosure Document.
The portfolio description and asset allocations for each underlying fund are as of the most recent Plan Disclosure Document and related supplements; the allocations may be higher or lower than shown. Please see the Plan Disclosure Document and related supplements for the most recent portfolio description, portfolio composition, and neutral allocation information.
T. Rowe Price mutual funds compose the underlying investments of each of the portfolios.
The principal value of the Enrollment-Based Portfolios is not guaranteed at any time, including at or after the target enrollment date. The portfolios invest in a broad range of underlying mutual funds that include stocks, bonds, and short-term investments and are subject to the risks of different areas of the market. The portfolios emphasize potential capital appreciation during the early phases of asset accumulation, balance the need for appreciation with the need for income as matriculation approaches, and focus more on income and principal stability after matriculation. While moving assets into bond and money market funds can help lower investment risks, there is no guarantee against loss. The portfolios maintain a substantial allocation to equities both prior to and after the target enrollment date, which can result in greater volatility.
Alaska 529 is recognized for its excellent investment performance
Top 10 Performance
Alaska 529 was ranked #3 for 529 plan enrollment-based portfolio performance in the one-year period, #3 in the five-year period, and #2 in the ten-year period as of 6/30/2024.
Saving For College conducts quarterly evaluations of the investment performance of thousands of 529 enrollment-based portfolios and ranks the plans based on the results.1 According to Saving For College, the rankings are “…a helpful tool for families and financial professionals looking to compare college savings options.”
Saving For College has been the leading independent authority on 529 savings plans since 1999. The site compiles and analyzes data and creates content and tools to provide parents, financial professionals, and state policymakers with resources to help them understand how to meet the challenge of ever-increasing education costs.
2024 "Top of the Class" Award
Alaska 529 earned the “Top of the Class” designation from Saving for College in their 2024 529 Ratings, placing it among only 9 direct-sold 529 plans recognized.2 This award signifies that these plans have outperformed more than 80% of their peers in the category.