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PrimarymessageBold Plan NextGenCollege28ptInvestingPrimarysubtitle28pt ConnectionsClient DirectSeriesInvestment PortfoliosBlackRock Age-Based PortfoliosBlackRock Age-Based0-7 Years PortfolioNon-InvestmentGrade FixedIncome (5%)BlackRock Age-Based8-10 Years PortfolioDomesticEquity (64%)InvestmentGrade FixedIncome(30%)InternationalEquity (16%)InternationalEquity (12%)BlackRock Age-Based11-13 Years PortfolioInvestmentGrade FixedIncome(41.25%)DomesticEquity (24%)NonInvestmentGrade FixedIncome(13.75%)InternationalEquity (6%)InternationalEquity (9%)InvestmentGrade FixedIncome (56.25%)BlackRock Age-Based17-19 Years PortfolioNon-InvestmentGrade FixedIncome(8.75%)CashAllocationAccount(15%)These portfolios provide aninvestment strategy that variesbased on the age of the child andwhen the child is expected to needthe assets for qualified highereducation expenses.1Funds are invested mostaggressively when the child is young,and are automatically shifted to amore conservative approach whenthe child approaches college age.Selecting an age-based portfoliomay be appropriate if you prefer notto actively manage the investments.*BlackRock Age-Based14-16 Years PortfolioDomesticEquity (36%)NonInvestmentGrade FixedIncome(13.75%)DomesticEquity (48%)Non-InvestmentGrade FixedIncome (10%)InvestmentGrade FixedIncome(15%)Age-Based Diversified Portfolios1T o be eligible for favorable tax treatmentafforded to any earnings portion ofwithdrawals from Section 529 accounts,such withdrawals must be used for “qualifiedhigher-education expenses,” as defined inthe Internal Revenue Code. Any earningswithdrawn that are not used for such expensesare subject to federal income tax and maybe subject to a 10% additional federal tax aswell as state and local income taxes.* There can be no assurance that the strategyof any portfolio will be successful.BlackRock Age-Based20 Years PortfolioDomesticEquity(16%)InternationalEquity (4%)InvestmentGrade FixedIncome(27.5%)Non-InvestmentGrade FixedIncome(2.5%)DomesticEquity (4%)InternationalEquity (1%)InvestmentGrade FixedIncome (56.25%)Cash AllocationAccount (65%)Please remember there’s always the potential of losing money when you invest in securities.Merrill Lynch Wealth Management makes available products and services offered by Merrill Lynch, Pierce, Fenner & Smith Incorporated(“MLPF&S”), a registered broker-dealer and member SIPC, and other subsidiaries of Bank of America Corporation (“BofA Corp.”).Banking products are provided by Bank of America, N.A., and affiliated banks, members FDIC and wholly owned subsidiaries of BofA Corp.Investment products:Are Not FDIC InsuredAre Not Bank GuaranteedMay Lose Value
iShares Age-Based PortfoliosiShares Age-Based0-7 Years PortfolioInvestment GradeFixed Income (20%)iShares Age-Based8-10 Years PortfolioDomesticEquity (58%)Investment GradeFixed Income (40%)DomesticEquity (44%)AlternativeInvestment (6%)InternationalEquity (16%)AlternativeInvestment (4%)iShares Age-Based11-13 Years PortfolioInvestment GradeFixed Income (55%)InternationalEquity (12%)iShares Age-Based14-16 Years PortfolioDomesticEquity (33%)Investment GradeFixed Income (70%)DomesticEquity (22%)InternationalEquity (6%)AlternativeInvestment (2%)InternationalEquity (9%)AlternativeInvestment (3%)iShares Age-Based17-19 Years PortfolioInvestment GradeFixed Income (80%)iShares Age-Based20 Years PortfolioDomesticEquity (15%)InternationalEquity (4%)Investment GradeFixed Income (95%)DomesticEquity (4%)InternationalEquity (1%)AlternativeInvestment (1%)If you’re interested in contributing to a tax-advantaged account that can help you invest for qualified higher-education expenses,1 and if youwant to learn about NextGen’s wide variety of investment options, call your Maine Distribution Agent or visit www.nextgenplan.com. TheNextGen plan is a Section 529 plan established by the State of Maine and administered by the Finance Authority of Maine. Merrill Lynch,Pierce, Fenner & Smith Incorporated is the program manager and underwriter of the NextGen plan.
Client Direct SeriesPortfolios incur the following Annual Asset-Based Fees2BlackRock and iShares Portfolios**AdditionalInvestor ExpensesEstimated underlyingfund expenses3Management fee4Total annual assetbased fees5SaleschargesBlackRock Age-Based0-7 Years Portfolio0.67%0.00%0.67%NoneBlackRock Age-Based8-10 Years Portfolio0.69%0.00%0.69%NoneBlackRock Age-Based11-13 Years Portfolio0.68%0.00%0.68%NoneBlackRock Age-Based14-16 Years Portfolio0.68%0.00%0.68%NoneBlackRock Age-Based17-19 Years Portfolio0.61%0.00%0.61%NoneBlackRock Age-Based20 Years Portfolio0.37%0.00%0.37%NoneiShares Age-Based0-7 Years Portfolio0.11%0.20%0.31%NoneiShares Age-Based8-10 Years Portfolio0.10%0.20%0.30%NoneiShares Age-Based11-13 Years Portfolio0.10%0.20%0.30%NoneiShares Age-Based14-16 Years Portfolio0.10%0.20%0.30%NoneiShares Age-Based17-19 Years Portfolio0.12%0.20%0.32%NoneiShares Age-Based20 Years Portfolio0.14%0.20%0.34%None** The iShares Portfolios are managed by BlackRock.2Expressed as an annual percentage of the average daily net assets of each Portfolio.3 For Portfolios that invest in more than one Underlying Fund, the Underlying Fund expenses are based on a weighted average of each Underlying Fund’s expense ratio that correspondsto the Portfolio’s target asset allocation. Each Portfolio’s target asset allocation for Portfolio Investments is effective as of the Program Description date, and each Portfolio’s fees andexpenses are based on the Underlying Fund’s or Funds’ most recent prospectus as of June 30, 2014. Underlying Fund fee and expense information may change from time to time.Updated expense information, if any, will be available on the internet at www.nextgenplan.com or from the Program Manager by calling 1.877.4.NEXTGEN (463.9843).4 The Management Fee for any Portfolio may be voluntarily reduced at any time on a temporary or permanent basis by the Program Manager. The Program Manager may pay aportion of the Management Fee or other compensation to FDS for acting as the Portfolio Servicing Agent.5 Annual Asset-Based Fees are subject to change at any time, and are assessed against assets over the course of the year. See “Investment Cost Charts” on page 29 of the ProgramDescription for the approximate cost of investing in the Program’s Portfolios over 1-, 3-, 5- and 10-year periods.
BlackRock Diversified PortfoliosDiversified PortfoliosBlackRock 100% Equity PortfolioThese portfolios have specificinvestment objectives, such asgrowth or income. Unlike the AgeBased Portfolios, each DiversifiedPortfolio has a consistent allocationthat does not change over time.These portfolios allow you to helpbuild a strategy best suited to yourinvestment needs.International Equity (20%)Domestic Equity (80%)BlackRock Fixed Income PortfolioCashAllocationAccount(1%)InvestmentGrade FixedIncome (69%)BlackRock Balanced PortfolioCashAllocationAccount(1%)DomesticEquity (40%)NonInvestmentGrade FixedIncome(15%)NonInvestmentGrade FixedIncome (30%)InvestmentGrade FixedIncome (34%)InternationalEquity (10%)iShares Diversified PortfoliosiShares DiversifiedEquity PortfolioInternationalEquity (20%)AlternativeInvestment (7%)iShares DiversifiedFixed Income PortfolioDomesticEquity (73%)InvestmentGrade FixedIncome (80%)Non-InvestmentGrade FixedIncome (20%)
BlackRock Single Fund PortfolioBlackRock Equity Index PortfolioSingle-Fund PortfoliosThese portfolios invest in one underlying mutual fund, allowing you to customize yourallocations based on the underlying mutual fund’s range of investments.DomesticEquity (100%)iShares Balanced PortfolioMixedAsset (100%)Stable Principal PortfoliosThe Principal Plus Portfolio may invest in one or more guaranteed investmentcontracts issued by one or more insurance companies, and may make deposits inan interest-bearing FDIC-insured bank account (the “Bank Deposit Account”) atBank of America, N.A. (the “Bank”), and to the extent approved by FAME, may investin corporate fixed-income investments and/or similar instruments.The NextGen Savings Portfolio is comprised exclusively of deposits in theinterest-bearing FDIC-insured Bank Deposit Account at the Bank.Please see the last page for important information regarding the Principal Plus and NextGen Savings Portfolios.Client Direct SeriesPortfolios incur the following Annual Asset-Based Fees6Estimatedunderlyingfund expenses3Management fee4AdditionalInvestor ExpensesTotal annualasset-based fees5SaleschargesDiversified PortfoliosBlackRock 100% Equity Portfolio0.64%0.00%0.64%NoneBlackRock Balanced Portfolio0.65%0.00%0.65%NoneBlackRock Fixed Income Portfolio0.68%0.00%0.68%NoneiShares DiversifiedEquity Portfolio0.12%0.20%0.32%NoneiShares Diversified FixedIncome Portfolio0.19%0.20%0.39%NoneSingle-Fund PortfolioBlackRock Equity Index Portfolio0.12%0.07%0.19%NoneiShares Balanced Portfolio0.31%0.20%0.51%None0.20%NoneStable Principal PortfoliosPrincipal Plus Portfolio6N/A0.20%E xpressed as an annual percentage of the average daily net assets of each Portfolio, except the NextGen Savings Portfolio for which there are currently no Annual Asset-Based Feesor other fees or expenses, though the Program Manager and FAME reserve the right to charge fees in the future.
The College Investing Planfor the Next Generation Merrill Lynch, Pierce, Fenner & SmithIncorporated, Program ManagerProgram AdministratorThe NextGen plan is a Section 529 plan administered by the Finance Authority of Maine (FAME). Before you invest in the NextGen plan,request a NextGen College Investing Plan Program Description from your Maine bank or financial advisor, or call FAME at 1.800.228.3734and read it carefully. The Program Description contains more complete information, including investment objectives, charges, expensesand risks of investing in the NextGen plan, which you should carefully consider before investing. You also should consider whether yourhome state or your designated beneficiary’s home state offers any state tax or other benefits that are only available for investmentsin such state’s 529 plan. Merrill Lynch, Pierce, Fenner & Smith Incorporated, a registered broker-dealer, member SIPC, is the programmanager and underwriter.This brochure provides general information about portfolios offered in the NextGen College Investing Plan Client Direct Series.The portfolio target allocations listed in this brochure are current as of September 29, 2014, and are subject to change.Section 529 Qualified Tuition Programs are intended to be used only to save for qualified higher-education expenses. None of the Finance Authorityof Maine, the Treasurer of the State of Maine, Bank of America, Merrill Lynch, any Sub-Advisor, or any Maine Distribution Agent, nor any of theiraffiliates provide legal, tax or accounting advice. You should consult your own legal and/or tax advisors before making any financial decisions.Important information regarding the Principal Plus and NextGen Savings Portfolios. The portion of the underlying deposits in the Bank Deposit Account that is attributable tothe Units held by a Participant in the NextGen Savings Portfolio or the Principal Plus Portfolio is (a) eligible for FDIC insurance coverage of up to 250,000 per Participant (calculatedon a basis which aggregates that portion of the underlying deposits attributable to the Units held by the Participant in the NextGen Savings Portfolio or the Principal Plus Portfoliowith all FDIC-insured assets held by the Participant at the Bank) and (b) for purposes of FDIC insurance coverage only, considered to be held in the same ownership capacity as aParticipant’s other single ownership accounts held at the Bank. However, neither Units of the NextGen Savings Portfolio nor the Principal Plus Portfolio are insured or guaranteedby the FDIC or any other agency of state or federal government, FAME, the Bank or the Program Manager, nor does a Participant have a direct beneficial interest or the rights of anowner in the underlying deposits in the Bank Deposit Account. Participants are responsible for monitoring the aggregated value of the portion of the underlying deposits of theNextGen Savings Portfolio or the Principal Plus Portfolio attributable to the Units of such Portfolios held by a Participant plus their other deposits held directly with the Bank, forpurposes of the 250,000 FDIC insurance coverage limit. The percentage of the Principal Plus Portfolio that is invested in the Bank Deposit Account as of the end of each month willbe posted on www.nextgenplan.com/performance.html within ten business days of month-end. Deposits held in different ownership capacities, as provided in the FDIC rules, areinsured separately. UGMA/UTMA Accounts are generally treated as assets of the Designated Beneficiary, and other types of trust Accounts may be treated as assets of the trustee,for purposes of the FDIC limit. Custodians of UGMA/UTMA Accounts and trustees of trust Accounts should consider how these assets will be treated for purposes of the FDIC limit.For more information, please visit www.fdic.gov. Capitalized terms used in this paragraph are defined in the NextGen College Investing Plan Program Description.iShares is a registered trademark of BlackRock, Inc., or its subsidiaries.NextGen, NextGen College Investing Plan and The College Investing Plan for the Next Generation are registered trademarks of the Finance Authority of Maine.Merrill Lynch Wealth Management and the Bull symbol are registered trademarks of Bank of America Corporation. 2014 Bank of America Corporation. All rights reserved. ARKD7RCK 434500PM-0614 SHEET-08-14-0539.B 09/2014
The NextGen plan is a Section 529 plan administered by the Finance Authority of Maine (FAME). Before you invest in the NextGen plan, request a NextGen College Investing Plan Program Description from your Maine bank or financial advisor, or call FAME at 1.800.228.3734 and read it carefully.
