Static Portfolios give you the most control over your mix of investments.

You choose among five portfolios, each of which maintains a fixed target percentage of stock, bond, and/or money market funds, regardless of when your child will enter college. The higher the percentage of stock funds, the greater both the risk and the potential return will be. You do have the flexibility to move assets to a more conservative or aggressive portfolio, but you are limited in the number of times you can make a change per year.

All portfolios are professionally managed by T. Rowe Price, feature low fees, and can be used at nearly any college in the country.

The Total Market Equity Index Portfolio consists entirely of one stock fund chosen to parallel the performance of the entire U.S. stock market.

The Total Equity Market Index Portfolio invests in a passively managed index fund that seeks to match the total return of the entire U.S. stock market. Index investing can be a relatively low-cost way to invest.

The Equity Portfolio is the most aggressive static portfolio option and is composed entirely of stock mutual funds.

The Equity Portfolio has the greatest long-term return potential but also requires you to have a higher tolerance for risk. It can be the right choice for you if your child won't be entering college for many years or if you are comfortable with the potential ups and downs of long-term investing.

The Balanced Portfolio consists of approximately 60% stock funds and 40% bond funds.

The Balanced Portfolio offers a mixture of approximately 60% stock funds and 40% bond funds. This portfolio balances the growth potential of equities with the relative stability of bonds. It's designed to be less volatile than a pure equity portfolio, while the returns will likely be lower.

The Fixed Income Portfolio is primarily made up of bond funds.

The Fixed Income Portfolio invests in a single mutual fund that allocates its assets among eight bond funds, a money market fund, and an income-oriented equity fund. It is subject to interest rate risks, but it is often a good fit for individuals seeking the relatively steady return potential of fixed-income investments.

The Money Market Portfolio is the most conservative option, designed to protect your assets as college enrollment grows near or while your beneficiary is in college and taking distributions.

The Money Market Portfolio is for individuals who are more interested in maintaining the value of their account than the potential of grow through more volatile investments. It seeks to provide preservation of investment principal with modest current income and may be a suitable investment choice for those who are conservative investors, who have students nearing college enrollment, or who wish to dollar cost average contributions into another more aggressive portfolio over time. An investment in the Money Market Portfolio is not insured or guaranteed by the FDIC or any other government agency. Although the portfolio seeks to preserve the value of your investment at $1.00 per unit, it is possible to lose money by investing in the portfolio.

Static Portfolios

Please remember that once you contribute to a Static Portfolio or any other investment option, you are limited in the number of times per calendar year you can exchange assets into a different investment option for each beneficiary. However, you can exchange assets into a different investment option any time you change a beneficiary. This is especially important for those who invest in the Total Equity Market Index Portfolio and/or the Equity Portfolio. While these portfolios have the greatest potential for long-term return and appreciation, they also carry the risk that a sudden decline in the equity markets, particularly just before a child's enrollment, could substantially erode an account's value. Investments in fixed-income securities can help offset any equity market decline and substantially reduce your risk. Participants selecting the Total Equity Market Index Portfolio and/or the Equity Portfolio may want to consider making companion, future contributions, or exchanges to the Fixed-Income Portfolio or an Enrollment-Based Portfolio as the beneficiary approaches college age.

If you are not an Alaska resident, you should compare this Plan with any 529 college savings plan offered by your home state or your beneficiary's home state and consider, before investing, any state tax or other benefits that are only available for investments in the home state's plan. You can call 1-866-277-1005 or visit the forms section of our site to request a Plan Disclosure Document, which includes investment objectives, risks, fees, charges and expenses, and other information that you should read and consider carefully before investing. T. Rowe Price Investment Services, Inc., Distributor/Underwriter.