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Putnam 529for AmericaSMOffering StatementA 529 college savings planSponsored by the State of Nevada, acting through the Board of Trustees of theCollege Savings Plans of Nevada and the Nevada College Savings Trust FundManaged by Putnam Investment Management, LLC. Distributed by Putnam Retail Management Limited Partnership.Dated as of March 31, 2021
Offering StatementDated as of March 31, 2021The State of Nevada, acting through the Board of Trustees of theCollege Savings Plans of Nevada (the “Board”) and the NevadaCollege Savings Trust Fund (the “Trust”), offers and administersPutnam 529 for America SM (the “Plan”), the assets of which are heldin the Trust. The Plan consists of the Putnam Investment Optionsdescribed in this Offering Statement and is offered exclusivelythrough financial intermediaries. The Board also administers other529 plans that are not part of the Plan and that are not offered underthis Offering Statement.There is and can be no guarantee as to the ultimate payout of all orany portion of any contribution to an Account established under thePlan or that there will be an investment return at any particular levelon any such contributions. None of the State of Nevada, the Board,the Trust, Putnam nor any other person or entity has any debt to anyperson participating in the Plan as a result of the establishment ofthe Plan and none of such parties assumes any risk or liability forfunds invested in the Plan.Prospective and current account owners in the Plan should relyonly on the information contained in this Offering Statement,including any supplements thereto. No one is authorized to provideinformation regarding the Plan that is different from informationcontained in this Offering Statement.This Offering Statement contains important information to beconsidered in making a decision to participate in and contribute tothe Plan, including information about risks. This Offering Statement,including the Savings Trust Agreement (referred to herein asthe Participation Agreement) and any amendments, should beread thoroughly and retained for future reference. This OfferingStatement supersedes all prior versions of this Offering Statementpreviously provided to owners of Plan Accounts (“Account Owners”),and no prior version of this Offering Statement should be reliedupon as current. Participation in the Plan does not guarantee thatcontributions and the investment return on contributions, if any,will be adequate to cover future tuition and other qualified highereducation expenses or that anyone participating in the Plan will beadmitted to, permitted to continue to attend, or graduate or receivea degree from any institution of higher education.The Plan and its portfolios, and interests therein, have not beenregistered with the U.S. Securities and Exchange Commissionor with any state securities commission pursuant to exemptionsfrom registration available for a public instrumentality of a stateand obligations of such a public instrumentality. Neither the U.S.Securities and Exchange Commission nor any state securitiescommission has approved or disapproved interests in the Plan orpassed upon the adequacy of the Offering Statement.Information in this Offering Statement is subject to changewithout prior notice.Plan Accounts are not bank deposits and are not insured by the FDIC.Returns on investments in the Plan are not guaranteed or insuredby the State of Nevada, the Board, the Trust, Putnam or any otherperson or entity. Account Owners assume all investment risk of aninvestment in the Plan, including the potential loss of principal, andliability for taxes and tax penalties that are assessable in connectionwith certain types of withdrawals of amounts invested under thePlan.Putnam andare trademarks of Putnam, LLC.Putnam Retail Management Limited Partnership is registered as abroker-dealer with the U.S. Securities and Exchange Commission(“SEC”) and a municipal securities dealer with the MunicipalSecurities Rulemaking Board (“MSRB”). The website for the SECis www.sec.gov and the website for the MSRB is www.msrb.org.Posted on the MSRB website, you can find a brochure that describesthe protections that may be provided by the MSRB rules and adescription of how to file a complaint with the MSRB or the SEC.Please contact your financial professional for additional information.1
Offering StatementDated as of March 31, 2021Sponsor: The State of Nevada, acting through the Trustees of the College Savings Plans of Nevada and theNevada College Savings Trust FundInvestment Manager: Putnam Investment Management, LLCDistributor: Putnam Retail Management Limited PartnershipSTATE TAX TREATMENT AND OTHER BENEFITSUSE OF THE PLANThe Plan is offered to residents of all states. However, you shouldnote that:Section 529 qualified tuition programs are intended to be usedonly to save for qualified higher education expenses, which includescertain future elementary, high school, apprenticeship, college andgraduate school expenses as described in this Offering Statement.(i.)depending upon the laws of your home state or the homestate of the beneficiary of your account (the “Beneficiary”),favorable state tax treatment or other benefits, such as financial aid, scholarship funds, and protection from creditors, mayonly be offered by the applicable home state for investing inthat home state’s qualified tuition program;(ii.)any state-based benefit offered with respect to a particularqualified tuition plan should be one of many appropriatelyweighted factors to be considered in making an investmentdecision; and(iii.)you should consult with your financial, tax or other adviser tolearn more about how state-based benefits (including anylimitations) would apply to your specific circumstances andyou also may wish to contact your home state, the home stateof your Beneficiary, or any other qualified tuition program, tolearn more about the features, benefits and limitations of theapplicable state’s qualified tuition program.These plans are not intended to be used, nor should they be used,by any taxpayer for the purpose of evading federal or state taxesor penalties. Taxpayers may wish to seek tax advice from theirown independent tax advisor concerning their own particularcircumstances.2
Table of contentsBasic Questions and Answers.5HOW DO I FIND OUT MORE ABOUT THESCHOLARSHIP PROGRAM? .13Investing in the Plan.5Investment Options.13THE INVESTMENT GUIDELINES.13HOW YOUR CONTRIBUTIONS ARE INVESTED.13CHOOSING INVESTMENT OPTIONS.13AGE-BASED ASSET ALLOCATION INVESTMENTOPTION AND GOAL-BASED ASSET ALLOCATIONINVESTMENT OPTIONS.13AGE-BASED ASSET ALLOCATION INVESTMENT OPTION.13GOAL-BASED ASSET ALLOCATIONINVESTMENT OPTIONS.15INDIVIDUAL FUND INVESTMENT OPTIONS.16ABSOLUTE RETURN FUNDS INVESTMENT OPTIONS. 17HISTORICAL PERFORMANCE DATA FORINVESTMENT OPTIONS. 17WHAT IS THE PUTNAM 529 FOR AMERICA PLAN?.5HOW WILL MY ACCOUNT BE INVESTED?.5WHO CAN OPEN AN ACCOUNT? .7HOW DO I SET UP AN ACCOUNT?.7HOW MUCH DO I NEED TO OPEN AN ACCOUNT? .7WHO CAN BE A BENEFICIARY? .7HOW MAY I USE THE MONEY IN MY ACCOUNT? .7HOW DO I MAKE ADDITIONAL INVESTMENTS? .7CAN I INVEST AMOUNTS I CURRENTLY HOLD ASCUSTODIAN OF AN UTMA OR UGMA ACCOUNT? .8CAN ANYONE ELSE CONTRIBUTE TOMY ACCOUNT ONCE IT IS ESTABLISHED? .8CAN I CHANGE THE INVESTMENT OPTIONSFOR MY ACCOUNT? .8HOW MUCH CAN I INVEST IN AN ACCOUNT? .8HOW DO I KNOW HOW MUCH MY ACCOUNT IS WORTH? .8CAN I USE MY ACCOUNT TO PAY FOR ANY COLLEGE? .8CAN I USE MY ACCOUNT TO PAY FOR ELEMENTARY ORSECONDARY SCHOOL EXPENSES? .8CAN I USE MY ACCOUNT TO REPAY STUDENT LOANS?.9CAN I USE MY ACCOUNT TO PAY FOR REGISTEREDAPPRENTICESHIP PROGRAM EXPENSES?.9HOW WILL AN INVESTMENT IN THE PLAN AFFECTELIGIBILITY FOR FINANCIAL AID? .9Underlying Investments: The Asset Allocation Portfoliosand Putnam Mutual Funds. 17INVESTMENT OBJECTIVES AND POLICIES. 17Underlying Investments: The Other Mutual Funds.20INVESTMENT OBJECTIVES AND POLICIES.20Changes to Investment Options; Investment Guidelines.22Net Asset Value.22Risk Factors.22PLAN RISKS.22RISKS OF INVESTING IN THE INVESTMENT OPTIONS.23SPECIFIC RISKS OF THE UNDERLYING INVESTMENTS.23CHANGE IN INVESTMENT GUIDELINES ORINVESTMENT MANAGER.31LIMITED EXCHANGES.32IMPACT ON ELIGIBILITY FOR FINANCIAL AID.32TAX RISKS.32Fees and Expenses.9WHAT FEES AND EXPENSES ARE INVOLVED? .9Tax Information.11WHAT ARE THE FEDERAL INCOME TAXADVANTAGES OF THE PLAN? .11WHAT ABOUT STATE TAXES? .11WHAT ARE THE GIFT TAX ADVANTAGESOF AN ACCOUNT? .11ARE THERE ANY SPECIAL RULES FOR SCHOLARSHIPACCOUNTS? .11The Nevada College Savings Trust Fund.32Plan Management: Putnam.33PORTFOLIO MANAGEMENT TEAM.33TERM OF THE BOARD’S CONTRACT WITH PUTNAM.33Risks.12WHAT ARE THE PRINCIPAL RISKS OF THE PLAN? .12DOES THE STATE OF NEVADA OR THE BOARDMAKE ANY GUARANTEES? .12Management of the Other Mutual Funds.33Plan Fees and Expenses.34WHAT FEES AND EXPENSES ARE INVOLVED? .34SUMMARY OF FEES AND EXPENSES.37FEE STRUCTURE A.38FEE STRUCTURE B.39The Nevada Putnam Scholarship Program.13WHAT IS THE NEVADA PUTNAMSCHOLARSHIP PROGRAM? .13WHAT ACCOUNTS ARE ELIGIBLE FOR THESCHOLARSHIP PROGRAM AWARDS? .133
Withdrawals.54DISTRIBUTIONS USED TO PAY THE QUALIFIED HIGHEREDUCATION EXPENSES .54DISTRIBUTIONS ON ACCOUNT OF BENEFICIARY’SDEATH OR PERMANENT DISABILITY, RECEIPT OFSCHOLARSHIP OR TUITION WAIVER, OR ATTENDANCEAT U.S. MILITARY ACADEMY.54ROLLOVER DISTRIBUTIONS.54DISTRIBUTIONS CORRESPONDING TO QUALIFIED HIGHEREDUCATION EXPENSES OF THE BENEFICIARY USED TOCLAIM HOPE/AMERICAN OPPORTUNITY OR LIFETIMELEARNING CREDITS . 55DISTRIBUTIONS FOR REFUNDED QUALIFIED HIGHEREDUCATION EXPENSES THAT ARE RECONTRIBUTEDTO A QUALIFIED TUITION PROGRAM .55OTHER DISTRIBUTIONS NOT USED TO PAY THE QUALIFIEDHIGHER EDUCATION EXPENSES OF THE BENEFICIARY.55CANCELLATION OF YOUR PARTICIPATION AGREEMENT.55APPLICABILITY OF DEFERRED SALES CHARGES.55FEE STRUCTURE C.40FEE STRUCTURE D.41FEE STRUCTURE Y.41EXPENSE EXAMPLES.43FEE STRUCTURE A.46FEE STRUCTURE A.46FEE STRUCTURE A.46FEE STRUCTURE A.46FEE STRUCTURE D.46FEES PAYABLE BY PUTNAM RETAIL MANAGEMENT.47FEES PAYABLE BY PUTNAM RETAIL MANAGEMENT .47ADDITIONAL PAYMENTS TOFINANCIAL INTERMEDIARIES.48PORTFOLIO TRANSACTIONS ANDPORTFOLIO TURNOVER RATE.48Opening and Maintaining Your Account.49WHO MAY OPEN AN ACCOUNT.49WHO CAN BE A BENEFICIARY.49HOW TO OPEN AN ACCOUNT.49METHOD OF PAYMENT.49MINIMUM CONTRIBUTION.49MAXIMUM ACCOUNT BALANCE.50ROLLOVER CONTRIBUTION INFORMATION.50COMMUNITY PROPERTY LAWS.50PROHIBITION ON PLEDGES, ASSIGNMENTSAND LOANS.50RULES AND REGULATIONS.50Plan Unit Value; Purchase and Withdrawal of Plan Units.55Federal and State Tax Information.56FEDERAL TAX TREATMENT.56STATE INCOME TAX TREATMENT.59TAX REPORTS.59LACK OF CERTAINTY OF TAX CONSEQUENCES;FUTURE CHANGES IN LAW.60Statements and Other Matters.60ACCOUNT STATEMENTS AND REPORTS.60AUDITED FINANCIAL STATEMENTS.60TAX WITHHOLDING.60PROTECTION FROM CERTAIN LEGAL PROCESS.60CONTINUING DISCLOSURE.60INDEMNIFICATION OF BOARD BY THE TRUST.61INDEMNIFICATION OF BOARD AND PROGRAMMANAGER BY ACCOUNT OWNER.61DISPUTES AND LIABILITY PROVISIONS.61AMENDMENTS, SUSPENSION AND TERMINATIONOF PLAN PROVISIONS.61Changes to an Account.51MEMBER OF THE FAMILY.51CHANGING A BENEFICIARY.51TRANSFER OF ACCOUNT FUNDS.51TRANSFERRING OWNERSHIP OF YOUR ACCOUNT.51DESIGNATING A SUCCESSOR OWNER.52SELECTING AND REVISING INVESTMENT OPTIONSFOR FUTURE CONTRIBUTIONS.52REALLOCATION AMONG INVESTMENT OPTIONS FORAMOUNTS IN YOUR ACCOUNT.52SYSTEMATIC REALLOCATIONS.52ROLLING OVER FUNDS TO OTHER QUALIFIEDTUITION PROGRAMS.53ROLLING OVER FUNDS FROM OTHER QUALIFIEDTUITION PROGRAMS TO THE PLAN.53ROLLING OVER FUNDS TO AQUALIFIED ABLE PROGRAM.53TRANSFERRING FUNDS TO THE OTHER PLAN SOLDTHROUGH FINANCIAL INTERMEDIARIES,THE DIRECT-SOLD PLANS, OR THE PREPAID PLAN.53TRANSFERRING FUNDS FROM THE DIRECT-SOLDPLANS, THE OTHER PLAN SOLD THROUGH FINANCIALINTERMEDIARIES, OR PREPAID PLAN.54Obtaining Additional Information.62Appendix A — Trust Savings Agreement(also referred to as Participation Agreement).63Appendix B — Excerpts from The Nevada CollegeSavings Trust Fund Investment Guidelines.68Appendix C — Performance History for InvestmentOptions as of December 31, 2020.754
Basic Questions and AnswersPlan’s Underlying Investments include mutual funds sponsored byPutnam (the “Putnam Mutual Funds”), mutual funds sponsored byentities other than Putnam (the “Other Mutual Funds”) and variousportfolios of stocks, bonds, money market instruments and/or othersecurities of particular asset classes that are managed for the Planby Putnam (the “Asset Allocation Portfolios”). Account Owners mayselect one or more Investment Option(s) for their Account contributions. Plan assets relating to an Investment Option may be investedby the Plan directly in the Underlying Investments, or in shares oflimited liability companies or other co-investment arrangementsthat invest in the Underlying Investments targeted by the applicableInvestment Option; from time to time, one or more Putnam affiliatesmay also invest in such limited liability companies or other arrangements along with the Plan for administrative convenience.Investing in the PlanWHAT IS THE PUTNAM 529 FOR AMERICA PLAN?The Plan, which commenced operations on October 1, 2010, is aqualified tuition program sold through financial intermediariesthat enables individuals to save and invest on a tax-favored basis inorder to fund certain future elementary, high school, apprenticeship,college and graduate school expenses of a child or other beneficiary.The Board has selected Putnam Retail Management Limited Partnership, Putnam Investment Management, LLC, Putnam InvestorServices, Inc. and Putnam Fiduciary Trust Company (together,“Putnam” or the “Program Manager”) to provide marketing, investment management, recordkeeping and administrative services forthe Plan.Under the Plan, you may set up investment accounts (each an“Account”) for family members, other individuals or even yourself as the Account beneficiary (a “Beneficiary”). Each Account willrepresent an interest in one or more portfolios of the Plan (the “PlanPortfolios”) established by the Board. The Plan Portfolio(s) in whichthe assets in your Account are invested will be based on the Investment Option(s) you select for your Account.Asset Allocation Investment OptionsThe four Asset Allocation Investment Options (“Asset AllocationInvestment Options”) include the Age-Based Asset Allocation Investment Option and three Goal-Based Asset Allocation InvestmentOptions.The Asset Allocation Investment Options invest across four broadasset categories: short-term investments, fixed income investments, U.S. equity investments and non-U.S. equity investments.The Underlying Investments for the Asset Allocation InvestmentOptions consist of one or more Asset Allocation Portfolios thatconcentrate on different asset classes or reflect different investment styles. The Asset Allocation Portfolios currently consist of thePutnam 529 GAA All Equity Portfolio, the Putnam 529 GAA GrowthPortfolio, the Putnam 529 GAA Balanced Portfolio, the Putnam 529GAA Conservative Portfolio and the Putnam 529 Money MarketPortfolio. To maintain its liquidity, each of the Asset Allocation Portfolios may, from time to time, invest in money market investments,including the Putnam 529 Money Market Portfolio or money marketfunds or other short-term instruments, including without limitation,commercial paper, certificates of deposit, discount notes and repurchase agreements (each, a “Liquidity Maintenance Investment”).The investment income and gains in your Account will not be subjectto U.S. federal income taxation until withdrawn. (See “TAX INFORMATION.”) Amounts withdrawn from your Account that do not exceedthe Beneficiary’s qualified higher education expenses at an eligiblehigher education institution in the applicable tax year (or suchother period as may be permitted by federal regulations) will notbe subject to federal income tax. In addition, amounts withdrawnfrom your Account to pay for the participation of the Beneficiary ina registered apprenticeship program, and certain amounts withdrawn from your Account to pay for the Beneficiary’s tuition at anelementary or secondary school or to repay qualified educationloans of the Beneficiary or a sibling of the Beneficiary, will not besubject to federal income tax. See “HOW MAY I USE THE MONEY IN MYACCOUNT?” below for a fuller description of the types of expensesthat qualify for such favorable tax treatment. Earnings withdrawnfrom your Account for any other reasons generally will be subject tofederal income tax as well as, with certain exceptions, an additional10% federal penalty tax.The Age-Based Asset Allocation Investment Option:The Plan allocates your contributions under this Option among theAsset Allocation Portfolios. The year in which the Beneficiary of anAccount was born determines how contributions are allocated. AnAccount for a Beneficiary who is an infant will be weighted towardAsset Allocation Portfolios that invest in equity securities. As the ageof the Beneficiary increases, a greater proportion of the Account willbe allocated to Asset Allocation Portfolios that invest in fixed incomeor money market securities. The allocation varies from 85% equityand 15% fixed income to 5% equity and 95% fixed income as theage of the Beneficiary increases, in each case subject to LiquidityMaintenance Investments. See the allocation chart on page 13 forfurther detail. The Age-Based Asset Allocation Investment Optionshave been designed for amounts intended to be applied to qualified higher education expenses other than Qualified Elementaryor Secondary Education Expenses. Account Owners who intend toapply amounts in an Account to Qualified Elementary or SecondaryEducation Expenses of the Beneficiary may want to consider otherInvestment Options.HOW WILL MY ACCOUNT BE INVESTED?The Plan currently has 16 investment options (“Investment Options”or “Options”), including four Asset Allocation Investment Options(including an Age-Based Asset Allocation Investment Option andthree Goal-Based Asset Allocation Investment Options), 10 Individual Fund Investment Options and two Absolute Return FundInvestment Options. At the time you establish an Account, and atany time a subsequent contribution is made to the Account, thecontributor may select one or more of these Investment Optionsand designate what portion of the contribution should be investedunder each applicable Investment Option. Assets allocated to aparticular Investment Option are invested by the Plan in shares ofmutual funds and/or portfolios of other securities (the “Underlying Investments”) in accordance with the Board’s comprehensiveInvestment Policy Statement and the Investment Guidelines forthe Plan (collectively, the “Investment Guidelines”). Currently, the5
The Three Goal-Based Asset Allocation Investment Options are: Aggressive Growth Option: The Plan allocates 100% of yourcontributions under this option to the Putnam 529 GAA All EquityPortfolio.Putnam High Yield Investment Option – Assets allocated to thisInvestment Option are invested in the Putnam High Yield Fund sponsored by Putnam.Putnam Income Fund Investment Option – Assets allocated to thisInvestment Option are invested in the Putnam Income Fund sponsored by Putnam. Growth Option: The Plan allocates your contributions under thisoption as follows: 75% to the Putnam 529 GAA Growth Portfolioand 25% to Putnam 529 GAA All Equity Portfolio.Federated Hermes Short-Intermediate Government Fund Investment Option – Assets allocated to this Investment Option areinvested in the Federated Hermes Short-Intermediate GovernmentFund, sponsored by Federated Investment Management Company(“Federated”). Balanced Option: The Plan allocates your contributions underthis option as follows: 20% to Putnam 529 GAA Growth Portfolio,74% to Putnam 529 GAA Balanced Portfolio, and 6% to Putnam529 Money Market Portfolio.The Individual Fund Investment Options:The Individual Fund Investment Options (the “Individual FundInvestment Options”) enable Account Owners to build portfoliosconcentrating on specific asset classes such as large capitalization equity growth, international equity or investment grade fixedincome. Doing so permits Account Owners to tailor investments totheir specific investment needs and objectives that may not be metby the broader Asset Allocation Investment Options. The IndividualFund Investment Options include the six Equity Options describedbelow, the three Fixed Income Options described below and theMoney Market Option described below.Money Market OptionThe following Individual Fund Option is referred to in this OfferingStatement as the “Money Market Option”:Putnam Government Money Market Fund Investment Option –Assets allocated to this Investment Option are invested in thePutnam Government Money Market Fund sponsored by Putnam.The Absolute Return Funds Investment Options are:Putnam Fixed Income Absolute Return Fund Investment Option— Assets allocated to this Investment Option are invested in thePutnam Fixed Income Absolute Return Fund sponsored by Putnam.The Ten Individual Fund Investment Options are:Putnam Multi-Asset Absolute Return Fund Investment Option— Assets allocated to this Investment Option are invested in thePutnam Multi-Asset Absolute Return Fund sponsored by Putnam.Equity OptionsThe following Individual Fund Investment Options are collectivelyreferred to in this Offering Statement as the “Equity Options”:As described above, the assets invested under each InvestmentOption were invested in one or more Asset Allocation Portfolios,Putnam Mutual Funds (including Absolute Return Funds), or OtherMutual Funds sponsored or sub-advised by one of Federated, MFS,SSGA or Principal and selected in accordance with the InvestmentGuidelines. A portion of the current Investment Guidelines for thePlan is attached as Appendix B to this Offering Statement. The allocation of the assets invested under each Investment Option amongthe Putnam Mutual Funds, Other Mutual Funds and/or Asset Allocation Portfolios selected for such Investment Option is determined byPutnam Investment Management, LLC (“Putnam Management”), aninvestment adviser registered with the U.S. Securities and ExchangeCommission and the Board, in accordance with the InvestmentGuidelines. The performance of the Asset Allocation Portfolios,Putnam Mutual Funds (including Absolute Return Funds), orOther Mutual Funds in each Investment Option you select willdetermine whether your Account will be worth more or lessthan the amount you invest.Putnam Large Cap Value Fund Investment Option – Assets allocatedto this Investment Option are invested in the Putnam Large CapValue Fund sponsored by Putnam.Putnam Growth Opportunities Fund Investment Option – Assetsallocated to this Investment Option are invested in the PutnamGrowth Opportunities Fund sponsored by Putnam.Putnam Small Cap Value Fund Investment Option – Assets allocatedto this Investment Option are invested in the Putnam Small CapValue Fund sponsored by Putnam.MFS Institutional International Equity Fund Investment Option –Assets allocated to this Investment Option are invested in the MFSInstitutional International Equity Fund sponsored by MassachusettsFinancial Services Company (“MFS”).Principal MidCap Fund Investment Option – Assets allocated tothis Investment Option are invested in the Class I shares of PrincipalMidCap Fund. Principal Global Investors, LLC (“PGI”), is the investment adviser and serves as the manager for the fund.The Investment Guidelines may be changed by the Board to providefor the investment of assets allocated to any of the InvestmentOptions in investments other than the Asset Allocation Portfolios,Putnam Mutual Funds (including Absolute Return Funds), or OtherMutual Funds described above under “HOW WILL MY ACCOUNT BEINVESTED?”State Street S&P 500 Index Fund Investment Option – Assets allocated to this Investment Option are invested in the State Street S&P500 Index Fund, advised by SSGA Funds Management, Inc. (“SSGAor SSGA FM”).For more details, see “INVESTMENT OPTIONS,” “UNDERLYINGINVESTMENTS: The Asset Allocation Portfolios and Putnam MutualFunds” and “UNDERLYING INVESTMENTS: The Other Mutual Funds,”in this Offering Statement.Fixed Income OptionsThe following Individual Fund Investment Options are collectivelyreferred to in this Offering Statement as the “Fixed Income Options”:6
WHO CAN OPEN AN ACCOUNT?Any U.S. citizen or resi
College Savings Plans of Nevada (the "Board") and the Nevada College Savings Trust Fund (the "Trust"), offers and administers Putnam 529 for America SM (the "Plan"), the assets of which are held in the Trust. The Plan consists of the Putnam Investment Options described in this Offering Statement and is offered exclusively
