Ohio 529 CollegeAdvantage offers a wide range of investment options to meet the needs of every type of postsecondary education saver—whether you prefer a set-it-and-forget-it approach with the Advantage Age-Based Portfolios and the Vanguard Ohio Target Enrollment Portfolios, enjoy building your own strategy from 13 individual investment options, value the stability with Ohio 529-specific bank products, or want to invest based on your personal risk tolerance.
To better serve those who want to invest based on personal risk tolerance, Ohio 529 will introduce a new Vanguard ready-made risk-based option, the Conservative Income Portfolio to the Ohio Direct 529 investment lineup on or about November 13.
The current ready-made risk-based portfolios are:
- the Aggressive Growth Portfolio
- the Growth Portfolio
- the Moderate Growth Portfolio
- the Conservative Growth Portfolio
- the Income Portfolio.
The new option, 6. the Conservative Income Portfolio, invests in two Vanguard bond funds and one Vanguard money market fund. The new Conservative Income Portfolio will result in an allocation of 75% of assets to investment-grade bonds and 25% of assets to money market instruments.
The expansion of risk-based portfolios from five to six will provide you with greater opportunity to select options that meet your unique needs and preferences. On average, Ohio 529 will now offer more opportunities to invest in risk-based options than its peers nationwide.
On or about November 13, the asset allocation for the current ready-made risk-based portfolios will also be adjusted. The asset allocation mix for the Aggressive Growth Portfolio will remain the same with 100% allocation in equity. The new Conservative Income Portfolio will match the current allocation of the Income Portfolio with 75% of assets to investment-grade bonds and 25% of assets to money market instruments. All other current risk-based portfolios will be altered with fluctuations in their equity and bond ratios. Please review the graphic in this post, which outlines all the asset allocation adjustments.
Along with these changes, account holders who are currently invested in the Vanguard Moderate Growth Index Portfolio will have those funds split between two investments: (1) 50% will be placed into the Vanguard Moderate Growth Portfolio, which is discussed below, and (2) 50% will be placed into the Vanguard Conservative Growth Portfolio which is also discussed below.
In addition, the future allocations will be updated based on the money movement as part of these investment changes. Future allocations must be whole numbers. Therefore, if the total asset allocation percentage to the Vanguard Moderate Growth Index Portfolio is an odd number, the 1% higher number will be allocated to the Vanguard Conservative Growth Portfolio. For example, if the current allocation has 25% allocated to the Vanguard Moderate Growth Index Portfolio, the future allocations will be updated to 12% towards the Vanguard Moderate Growth Portfolio and 13% towards the Vanguard Conservative Growth Portfolio. This movement will not count as an exchange.
More information about these changes can be found in the S ept. 30, 2026, Supplement to the Offering Statement.
If you have questions
Ohio 529 CollegeAdvantage remains committed to providing quick, friendly, and professional customer service through our Columbus, Ohio-based customer service representatives. If you have any questions or concerns about the upcoming changes, or if you need information or assistance with your account, please call CollegeAdvantage at 1-800-AFFORD-IT (233-6734). Our customer service representatives are available to assist you from 8:30 a.m. - 6 p.m. ET Monday through Friday. You may also send your non-account specific questions at your convenience via email to CustomerService@CollegeAdvantage.com.
Since 1989, Ohio 529 CollegeAdvantage has been helping families across the nation save for their children’s college or career training after high school. Ohio 529 covers qualified costs at any accredited four-year college or university, two-year community college, trade or vocational school, certificate or credential program nationwide that accepts federal financial aid, as well as any apprenticeship approved by the U.S. Labor Department. Learn, plan, and start for as little as $25 today at CollegeAdvantage.
