The Aged-Based Fund is a diversified investment in which contributions and any returns on those contributions are allocated among seven Putnam mutual funds based on the year of birth of the beneficiary with investment weighted more heavily toward equities when the beneficiary is younger and toward fixed income and money market investments as the beneficiary approaches college age. The allocation of contributions under this option does not vary with the age of the beneficiary. The allocation of contributions under this option does not vary with the age of the beneficiary. Contributions are invested in Putnam portfolios. Backed by the full faith and credit of the state of Ohio.
Contributors assume all investment risks, including the potential loss of principal.
Earnings Funds are guaranteed to keep pace with tuition inflation at Ohio's four-year public universities. Returns are market-based, and will fluctuate through the years based on market performance. Neither principal nor earnings are guaranteed. Federal income taxes on earnings are deferred until CollegeAdvantage funds are used for college. Use your CollegeAdvantage account at any accredited college in the country to pay for tuition, fees, room and board, books and other qualified college expenses.