Current performance may be lower or higher than the quoted past performance, which cannot guarantee future results. Unit price, principal value, and return will vary and you may have a gain or loss when you sell your units.
You could lose money by investing in the Money Market Portfolio. Although the money market fund in which your investment options invests (the "underlying fund") seeks to preserve its value at $1.00 per share, the underlying fund cannot guarantee it will do so. An investment in this investment option is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The underlying 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 fund at any time.
To view the mutual fund allocation that comprise the UA College Savings Plan Portfolios and their associated market values.
Total return figures include changes in principal value, and any reinvested dividends and capital gain distributions. For portfolios less than one year old, the since inception return figure is not annualized and represents an aggregate total return. Dividends and capital gains distributed by the underlying mutual funds become income to the portfolios. However, the University of Alaska College Savings Plan portfolios (except for Money Market Portfolio) do not distribute any dividends or capital gains, so changes in total return are reflected by changes in net asset value.
Yields for the Money Market Portfolio represent the average daily dividends for the seven days, annualized by 365 days and divided by the net asset values per share at the end of the period. Year-to-date figures are not annualized and represent total return, which includes reinvested distributions (income and capital gains) and any change in unit price for the given period. The yield quotation more closely reflects the current earnings of the Money Market Portfolio than the total return.
Portfolio 2018 was incepted in April 2001 and was removed from the Plan's portfolio offerings on June 11, 2018. Its performance as of June 11, 2018 was as follows: 1-year, 3.81%, 3-year, 3.21%, 5-year, 5.14%, 10-year, 5.22% average annual total return since inception 5.15%.