Which investment option is right for me?
Compare Investment Options
When it comes to investing in a 529 plan, we all have the same goal: to help pay for education.
However, everyone’s investment strategy can look quite different depending on aspects of each person’s unique circumstances (like financial constraints and overall savings goals).
The Minnesota 529 College Savings Plan investment options
Choose from multiple options to fit your preferences—aligning with your risk tolerance, preferred level of involvement, and desired results. The risk tolerance questions can help determine what’s best for you.
Most Popular
Enrollment Year Investment Option
Consider this if:
You’re looking for an all-in-one solution to manage your savings over the long term without extra work on your part.
- An option customized for your student’s expected enrollment year
- Risk level automatically becomes more conservative as enrollment year approaches
Multi-Fund Investment Options
Consider this if:
You're an experienced investor and want investment options with more choices when it comes to diversity and strategy.
- Prefer added control over diversification and investment strategy
- Suitable for a variety of risk profiles and asset allocation blends
Single-Fund Investment Options
Consider this if:
You’re an experienced investor and want added control over your investment option’s diversification and investment strategy.
- Investment options invested solely in shares of a single mutual fund
- Offers varying investment types suitable for a variety of risk profiles
Principal Plus Interest Option
Consider this if:
You have a short investment horizon or are looking for a low risk, conservative investment.
- Seeks to preserve capital and provide a stable return
- May be good for shorter timeframes and for individuals who have lower risk tolerances
To determine the right strategy for you, it may be helpful to ask yourself these questions:
- How much do I want to save?
- How fast do I want to save?
- How comfortable am I with risk?
- How hands-on do I want to be?
Whatever your answers may be, a MNSAVES account offers a variety of professionally managed investment options to fit your life situation, risk tolerance and college savings goals. For further support, explore our planning tools to help make your investment decision easier.
Here are some of our most common investment options questions
Performance data for MNSAVES Investment Options is available.
MNSAVES offers a variety of investment options to fit your life situation, risk tolerance and savings goals. These options vary in investment strategy and degree of risk, allowing you to select an option or combination of options that fit your needs and savings goals.
To compare our MNSAVES Investment Options, visit our Investment Comparison page. For more information on the investment objectives, risks, charges and expenses, read the Plan Description.
Yes. Each time you make a contribution, you may select from any of the MNSAVES Investment Options. Once invested in a particular option, contributions and earnings may be transferred to another investment option twice per calendar year or upon transfer of funds to a plan account for a different eligible beneficiary (see the Plan Description for more information).
To transfer funds between investment options, log in to your account, click “View Details” for your beneficiary, then choose “Change investment options.” You may also request and submit by mail the Change of Investment Form.
A MNSAVES account can be started with as little as $25. How much you need to save will depend on what you plan to use the money for and when.
A few helpful tools:
- Check out the College Savings Calculator to estimate the cost of college.
- Use our College Planning Calculator to see how your savings could add up over time.
