Connecticut Higher Education Trust (CHET) Connecticut State Treasurer

Age-Based Investment Options

This is the simple, all-in-one investment option, which changes from a growth strategy when your child is young to hold strategy as their college years approach.

You don’t need to be a savvy investor to participate in the Connecticut Higher Education Trust (CHET). It’s not about choosing ‘the right’ investment, it’s about choosing the investment that’s right for you. For many people, an Age-Based Investment Option can be that choice. Because it automatically shifts from aggressive-to-conservative investments as your child ages, you maximize the opportunities of your investment horizon without needing to manually rebalance your portfolio each year.

Changing Your Investments

Once you invest in a particular investment option, you can transfer contributions and any earnings to another investment option up to twice per calendar year or upon a transfer of funds to a CHET account for a different beneficiary.

Periodically Review Your Investments

It’s a good idea to periodically re-evaluate your investment strategy as your goals, investment horizon, and personal situation change — for example, annually at tax time, on a yearly basis if your income changes, or upon the birth of another child.


How Age-Based Investment Options Work

The Age-Based Investment Option seeks to match the investment objective and level of risk to the investment horizon by factoring in the child’s current age and the number of years before they turn 18. Depending on this age, contributions to these Investment Options will be placed in various age bands, each of which has a different investment objective and investment strategy.

As discussed in more detail below, the age bands for younger Beneficiaries seek a favorable long-term return by primarily investing in mutual funds that primarily invest in equity and real estate securities, which may have greater potential for returns than debt securities, but which also have greater risk than debt securities. As a Beneficiary nears college age, the age bands invest less in mutual funds that invest in equity and real estate securities and more in mutual funds that invest in debt securities and in other investments that seek to preserve principal.

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Conservative Managed Allocation Option

(Risk level shifts from aggressive to conservative)

Age-Based Investment Options
BENEFICIARY'S AGE ALLOCATION INVESTMENT OPTION OBJECTIVE
0‑3 YEARS
The Age Bands for younger Designated Beneficiaries seek a favorable long-term return by investing primarily in Mutual Funds that invest in equity or real estate-related securities, each of which has a higher level of risk, but greater potential for returns than more conservative investments. As a Designated Beneficiary nears college age, the Age Bands allocate less to Mutual Funds that invest in equity and real estate-related securities and allocate more heavily to Mutual Funds that invest in fixed-income and money market securities to preserve capital. However, the Age Bands in the Conservative Managed Allocation Option, even for younger Designated Beneficiaries, will be more heavily weighted toward Mutual Funds that invest in fixed-income and money market securities than the Age Bands under the Moderate Managed Allocation Option.

  54.00%Equities
    6.00%Real Estate
  32.00%Bonds
    8.00%Inflation-Linked Bonds
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View Underlying Mutual Funds

4‑7 YEARS
The Age Bands for younger Designated Beneficiaries seek a favorable long-term return by investing primarily in Mutual Funds that invest in equity or real estate-related securities, each of which has a higher level of risk, but greater potential for returns than more conservative investments. As a Designated Beneficiary nears college age, the Age Bands allocate less to Mutual Funds that invest in equity and real estate-related securities and allocate more heavily to Mutual Funds that invest in fixed-income and money market securities to preserve capital. However, the Age Bands in the Conservative Managed Allocation Option, even for younger Designated Beneficiaries, will be more heavily weighted toward Mutual Funds that invest in fixed-income and money market securities than the Age Bands under the Moderate Managed Allocation Option.

  40.50%Equities
    4.50%Real Estate
  44.00%Bonds
  11.00%Inflation-Linked Bonds
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8‑11 YEARS
The Age Bands for younger Designated Beneficiaries seek a favorable long-term return by investing primarily in Mutual Funds that invest in equity or real estate-related securities, each of which has a higher level of risk, but greater potential for returns than more conservative investments. As a Designated Beneficiary nears college age, the Age Bands allocate less to Mutual Funds that invest in equity and real estate-related securities and allocate more heavily to Mutual Funds that invest in fixed-income and money market securities to preserve capital. However, the Age Bands in the Conservative Managed Allocation Option, even for younger Designated Beneficiaries, will be more heavily weighted toward Mutual Funds that invest in fixed-income and money market securities than the Age Bands under the Moderate Managed Allocation Option.

  27.00%Equities
    3.00%Real Estate
  56.00%Bonds
  14.00%Inflation-Linked Bonds
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View Underlying Mutual Funds

12‑14 YEARS
The Age Bands for younger Designated Beneficiaries seek a favorable long-term return by investing primarily in Mutual Funds that invest in equity or real estate-related securities, each of which has a higher level of risk, but greater potential for returns than more conservative investments. As a Designated Beneficiary nears college age, the Age Bands allocate less to Mutual Funds that invest in equity and real estate-related securities and allocate more heavily to Mutual Funds that invest in fixed-income and money market securities to preserve capital. However, the Age Bands in the Conservative Managed Allocation Option, even for younger Designated Beneficiaries, will be more heavily weighted toward Mutual Funds that invest in fixed-income and money market securities than the Age Bands under the Moderate Managed Allocation Option.

  18.00%Equities
    2.00%Real Estate
  62.00%Bonds
    6.00%Inflation-Linked Bonds
Read More X

View Underlying Mutual Funds

15‑17 YEARS
The Age Bands for younger Designated Beneficiaries seek a favorable long-term return by investing primarily in Mutual Funds that invest in equity or real estate-related securities, each of which has a higher level of risk, but greater potential for returns than more conservative investments. As a Designated Beneficiary nears college age, the Age Bands allocate less to Mutual Funds that invest in equity and real estate-related securities and allocate more heavily to Mutual Funds that invest in fixed-income and money market securities to preserve capital. However, the Age Bands in the Conservative Managed Allocation Option, even for younger Designated Beneficiaries, will be more heavily weighted toward Mutual Funds that invest in fixed-income and money market securities than the Age Bands under the Moderate Managed Allocation Option.

    9.00%Equities
    1.00%Real Estate
  68.00%Bonds
  10.00%Inflation-Linked Bonds
  12.00%Money Market
Read More X

View Underlying Mutual Funds

18+ YEARS
The Age Bands for younger Designated Beneficiaries seek a favorable long-term return by investing primarily in Mutual Funds that invest in equity or real estate-related securities, each of which has a higher level of risk, but greater potential for returns than more conservative investments. As a Designated Beneficiary nears college age, the Age Bands allocate less to Mutual Funds that invest in equity and real estate-related securities and allocate more heavily to Mutual Funds that invest in fixed-income and money market securities to preserve capital. However, the Age Bands in the Conservative Managed Allocation Option, even for younger Designated Beneficiaries, will be more heavily weighted toward Mutual Funds that invest in fixed-income and money market securities than the Age Bands under the Moderate Managed Allocation Option.

  74.00%Bonds
    8.00%Inflation-Linked Bonds
  18.00%Money Market
Read More X

View Underlying Mutual Funds

Moderate Managed Allocation Option

(Risk level shifts from aggressive to conservative)

Age-Based Investment Options
BENEFICIARY'S AGE ALLOCATION INVESTMENT OPTION OBJECTIVE
0‑3 YEARS
The Age Bands for younger Designated Beneficiaries seek a favorable long-term return by investing primarily in Mutual Funds that invest in equity or real estate-related securities, each of which has a higher level of risk, but greater potential for returns than more conservative investments. As a Designated Beneficiary nears college age, the Age Bands allocate less to Mutual Funds that invest in equity and real estate-related securities and allocate more heavily to Mutual Funds that invest in fixed-income and money market securities to preserve capital. Effective as of November 22, 2010, each Age Band in the Moderate Managed Allocation Option will increase the allocations of its assets to Mutual Funds that are passively managed to track a particular index and will proportionately decrease its allocation to actively managed Mutual Funds. In addition, each Age Band in the Moderate Managed Allocation Option will increase the allocation of its assets to Mutual Funds that focus on international investment and will proportionately decrease its allocations to Mutual Funds that focus on domestic investment.

  72.00%Equities
    8.00%Real Estate
  16.00%Bonds
    4.00%Inflation-Linked Bonds
Read More X

View Underlying Mutual Funds

4‑7 YEARS
The Age Bands for younger Designated Beneficiaries seek a favorable long-term return by investing primarily in Mutual Funds that invest in equity or real estate-related securities, each of which has a higher level of risk, but greater potential for returns than more conservative investments. As a Designated Beneficiary nears college age, the Age Bands allocate less to Mutual Funds that invest in equity and real estate-related securities and allocate more heavily to Mutual Funds that invest in fixed-income and money market securities to preserve capital. Effective as of November 22, 2010, each Age Band in the Moderate Managed Allocation Option will increase the allocations of its assets to Mutual Funds that are passively managed to track a particular index and will proportionately decrease its allocation to actively managed Mutual Funds. In addition, each Age Band in the Moderate Managed Allocation Option will increase the allocation of its assets to Mutual Funds that focus on international investment and will proportionately decrease its allocations to Mutual Funds that focus on domestic investment.

  58.50%Equities
    6.50%Real Estate
  28.00%Bonds
    7.00%Inflation-Linked Bonds
Read More X

View Underlying Mutual Funds

8‑11 YEARS
The Age Bands for younger Designated Beneficiaries seek a favorable long-term return by investing primarily in Mutual Funds that invest in equity or real estate-related securities, each of which has a higher level of risk, but greater potential for returns than more conservative investments. As a Designated Beneficiary nears college age, the Age Bands allocate less to Mutual Funds that invest in equity and real estate-related securities and allocate more heavily to Mutual Funds that invest in fixed-income and money market securities to preserve capital. Effective as of November 22, 2010, each Age Band in the Moderate Managed Allocation Option will increase the allocations of its assets to Mutual Funds that are passively managed to track a particular index and will proportionately decrease its allocation to actively managed Mutual Funds. In addition, each Age Band in the Moderate Managed Allocation Option will increase the allocation of its assets to Mutual Funds that focus on international investment and will proportionately decrease its allocations to Mutual Funds that focus on domestic investment.

  45.00%Equities
    5.00%Real Estate
  40.00%Bonds
  10.00%Inflation-Linked Bonds
Read More X

View Underlying Mutual Funds

12‑14 YEARS
The Age Bands for younger Designated Beneficiaries seek a favorable long-term return by investing primarily in Mutual Funds that invest in equity or real estate-related securities, each of which has a higher level of risk, but greater potential for returns than more conservative investments. As a Designated Beneficiary nears college age, the Age Bands allocate less to Mutual Funds that invest in equity and real estate-related securities and allocate more heavily to Mutual Funds that invest in fixed-income and money market securities to preserve capital. Effective as of November 22, 2010, each Age Band in the Moderate Managed Allocation Option will increase the allocations of its assets to Mutual Funds that are passively managed to track a particular index and will proportionately decrease its allocation to actively managed Mutual Funds. In addition, each Age Band in the Moderate Managed Allocation Option will increase the allocation of its assets to Mutual Funds that focus on international investment and will proportionately decrease its allocations to Mutual Funds that focus on domestic investment.

  36.00%Equities
    4.00%Real Estate
  48.00%Bonds
  12.00%Inflation-Linked Bonds
Read More X

View Underlying Mutual Funds

15‑17 YEARS
The Age Bands for younger Designated Beneficiaries seek a favorable long-term return by investing primarily in Mutual Funds that invest in equity or real estate-related securities, each of which has a higher level of risk, but greater potential for returns than more conservative investments. As a Designated Beneficiary nears college age, the Age Bands allocate less to Mutual Funds that invest in equity and real estate-related securities and allocate more heavily to Mutual Funds that invest in fixed-income and money market securities to preserve capital. Effective as of November 22, 2010, each Age Band in the Moderate Managed Allocation Option will increase the allocations of its assets to Mutual Funds that are passively managed to track a particular index and will proportionately decrease its allocation to actively managed Mutual Funds. In addition, each Age Band in the Moderate Managed Allocation Option will increase the allocation of its assets to Mutual Funds that focus on international investment and will proportionately decrease its allocations to Mutual Funds that focus on domestic investment.

  27.00%Equities
    3.00%Real Estate
  54.00%Bonds
  10.00%Inflation-Linked Bonds
    6.00%Money Market
Read More X

View Underlying Mutual Funds

18+ YEARS
The Age Bands for younger Designated Beneficiaries seek a favorable long-term return by investing primarily in Mutual Funds that invest in equity or real estate-related securities, each of which has a higher level of risk, but greater potential for returns than more conservative investments. As a Designated Beneficiary nears college age, the Age Bands allocate less to Mutual Funds that invest in equity and real estate-related securities and allocate more heavily to Mutual Funds that invest in fixed-income and money market securities to preserve capital. Effective as of November 22, 2010, each Age Band in the Moderate Managed Allocation Option will increase the allocations of its assets to Mutual Funds that are passively managed to track a particular index and will proportionately decrease its allocation to actively managed Mutual Funds. In addition, each Age Band in the Moderate Managed Allocation Option will increase the allocation of its assets to Mutual Funds that focus on international investment and will proportionately decrease its allocations to Mutual Funds that focus on domestic investment.

  18.00%Equities
    2.00%Real Estate
  59.50%Bonds
    7.00%Inflation-Linked Bonds
  13.50%Money Market
Read More X

View Underlying Mutual Funds

Aggressive Managed Allocation Option

(Risk level shifts from aggressive to conservative)

Age-Based Investment Options
BENEFICIARY'S AGE ALLOCATION INVESTMENT OPTION OBJECTIVE
0‑3 YEARS
The Age Bands for younger Beneficiaries seek a favorable long-term return by investing primarily in Mutual Funds that invest in equities or real estate securities, each of which has a high level of risk, but greater potential for returns than more conservative investments. As a Beneficiary nears college age, the Age Bands allocate less to equities and real estate securities and invest more heavily in fixed-income and money market Mutual Funds to preserve capital. However, the Age Bands in the Aggressive Managed Allocation Option, even for older Beneficiaries, will always be more heavily weighted toward Mutual Funds that invest in equities and real estate securities than the Age Bands under the Moderate Managed Allocation Option.

  90.00%Equities
  10.00%Real Estate
Read More X

View Underlying Mutual Funds

4‑7 YEARS
The Age Bands for younger Beneficiaries seek a favorable long-term return by investing primarily in Mutual Funds that invest in equities or real estate securities, each of which has a high level of risk, but greater potential for returns than more conservative investments. As a Beneficiary nears college age, the Age Bands allocate less to equities and real estate securities and invest more heavily in fixed-income and money market Mutual Funds to preserve capital. However, the Age Bands in the Aggressive Managed Allocation Option, even for older Beneficiaries, will always be more heavily weighted toward Mutual Funds that invest in equities and real estate securities than the Age Bands under the Moderate Managed Allocation Option.

  76.50%Equities
    8.50%Real Estate
  12.00%Bonds
    3.00%Inflation-Linked Bonds
Read More X

View Underlying Mutual Funds

8‑11 YEARS
The Age Bands for younger Beneficiaries seek a favorable long-term return by investing primarily in Mutual Funds that invest in equities or real estate securities, each of which has a high level of risk, but greater potential for returns than more conservative investments. As a Beneficiary nears college age, the Age Bands allocate less to equities and real estate securities and invest more heavily in fixed-income and money market Mutual Funds to preserve capital. However, the Age Bands in the Aggressive Managed Allocation Option, even for older Beneficiaries, will always be more heavily weighted toward Mutual Funds that invest in equities and real estate securities than the Age Bands under the Moderate Managed Allocation Option.

  63.00%Equities
    7.00%Real Estate
  24.00%Bonds
    6.00%Inflation-Linked Bonds
Read More X

View Underlying Mutual Funds

12‑14 YEARS
The Age Bands for younger Beneficiaries seek a favorable long-term return by investing primarily in Mutual Funds that invest in equities or real estate securities, each of which has a high level of risk, but greater potential for returns than more conservative investments. As a Beneficiary nears college age, the Age Bands allocate less to equities and real estate securities and invest more heavily in fixed-income and money market Mutual Funds to preserve capital. However, the Age Bands in the Aggressive Managed Allocation Option, even for older Beneficiaries, will always be more heavily weighted toward Mutual Funds that invest in equities and real estate securities than the Age Bands under the Moderate Managed Allocation Option.

  54.00%Equities
    6.00%Real Estate
  32.00%Bonds
    8.00%Inflation-Linked Bonds
Read More X

View Underlying Mutual Funds

15‑17 YEARS
The Age Bands for younger Beneficiaries seek a favorable long-term return by investing primarily in Mutual Funds that invest in equities or real estate securities, each of which has a high level of risk, but greater potential for returns than more conservative investments. As a Beneficiary nears college age, the Age Bands allocate less to equities and real estate securities and invest more heavily in fixed-income and money market Mutual Funds to preserve capital. However, the Age Bands in the Aggressive Managed Allocation Option, even for older Beneficiaries, will always be more heavily weighted toward Mutual Funds that invest in equities and real estate securities than the Age Bands under the Moderate Managed Allocation Option.

  45.00%Equities
    5.00%Real Estate
  40.00%Bonds
  10.00%Inflation-Linked Bonds
Read More X

View Underlying Mutual Funds

18+ YEARS
The Age Bands for younger Beneficiaries seek a favorable long-term return by investing primarily in Mutual Funds that invest in equities or real estate securities, each of which has a high level of risk, but greater potential for returns than more conservative investments. As a Beneficiary nears college age, the Age Bands allocate less to equities and real estate securities and invest more heavily in fixed-income and money market Mutual Funds to preserve capital. However, the Age Bands in the Aggressive Managed Allocation Option, even for older Beneficiaries, will always be more heavily weighted toward Mutual Funds that invest in equities and real estate securities than the Age Bands under the Moderate Managed Allocation Option.

  27.00%Equities
    3.00%Real Estate
  53.50%Bonds
    9.00%Inflation-Linked Bonds
    7.50%Money Market
Read More X

View Underlying Mutual Funds