Michigan Education Savings Program (MESP)

Research Your MESP Investment Options

The Michigan Education Savings Program (MESP) offers a variety of professionally managed investment options to fit your life situation, risk tolerance and college savings goals.

MESP Investment Options

Though the end goal is the same — to help pay for college — everyone’s investment strategy may not be the same and can even differ greatly based on unique circumstances, financial constraints, timelines, and overall savings goals. If you have a longer timeframe to save and grow your money, you might want to choose an Enrollment Year option that is a simple, all-in-one option. If you’re an experienced investor, you might choose a multi-fund option you’ll review and change periodically. If your child’s nearing college and you’ve been saving for a while, a principal protected investment might be the best choice.


Enrollment Year Investment Options

An Enrollment Year Investment Option bases its investment mix on the date the student is projected to need the money to pay for his or her qualified education expenses. The risk level automatically shifts from aggressive to conservative as the enrollment year approaches. Since not all students enroll in college upon turning 18 years of age, select the Enrollment Year Investment Option that corresponds to your student's expected future year of enrollment or one that best meets your specific investment objective.


Multi-Fund Investment Options

These investment options seek to provide investment options for participants who prefer to select an investment option for its specific asset allocation. Each multi-fund investment option is allocated to multiple underlying funds and/or a funding agreement and has a different investment objective and investment strategy. The allocations in the multi-fund investment options do not change automatically as the beneficiary ages as they do in the Enrollment Year Investment Options.


Single Fund Investment Option

These investment options are each invested solely in either shares of a single Underlying Fund or a Funding Agreement. For those investment options invested in an Underlying Fund, their performance is entirely reliant on the performance of that Underlying Fund and may be more volatile than the enrollment year investment options or the multi-fund investment options. You should be aware that participants do not own shares of the underlying funds directly. This option may be good for people who are interested in specific single funds such as equity index, money market or social fund options.


Guaranteed Investment Option

This investment option seeks to preserve capital and provide a stable return. This option may be good for shorter timeframes to save and for individuals who have lower risk tolerance.


1219028