Welcome to HI529 - Hawaii's College Savings Program

Aloha! And welcome to HI529-Hawaii's College Savings Program

Saving for college is one of the most important investments you'll ever make in a child's future. Yet, with costs escalating yearly, accumulating the necessary funds for when that time comes is becoming an increasing challenge for individuals and families throughout Hawaii.

HI529 is a smart way to save for college and, at the same time, help grow your education-savings dollars. Established by the State of Hawaii and managed by Ascensus Broker Dealer Services, Inc., HI529 offers valuable tax benefits, high contribution limits, expert investment management, and the flexibility of choosing from a range of investment options managed by The Vanguard Group, Inc., one of America's best known mutual fund managers.

Last but not least, HI529 gives you the opportunity to add to your college savings even further when you shop with America's leading companies through the Upromise® rewards service.*

Remember, a college education can make a world of difference in a child's life. The sooner you begin saving, the longer your assets have the potential to grow - so you can be ready when the time comes. Enroll Today!

* The Upromise rewards service is an optional service offered by Upromise, Inc. and is separate from HI529. Specific terms and conditions apply. Participating companies, contribution levels, terms and conditions subject to change without notice.

For more information about HI529-Hawaii's College Savings Program ("HI529"), call 1-866-529-3343 or visit www.hi529.com to obtain a Plan Disclosure Statement. Investment objectives, risks, charges, expenses, and other important information are included in the Plan Disclosure Statement; read and consider it carefully before investing. Ascensus Broker Dealer Services, Inc. ("ABD"), is the Distributor of HI529.

Please Note: Before investing in any 529 plan, you should consider whether your or the beneficiary's home state offers a 529 plan that provides its taxpayers with favorable state tax and other benefits that are only available through investment in the home state's 529 plan. You also should consult your financial, tax, or other adviser to learn more about how state-based benefits (or any limitations) would apply to your specific circumstances. You also may wish to contact directly your home state's 529 plan(s), or any other 529 plan, to learn more about those plans' features, benefits and limitations. Keep in mind that state-based benefits should be one of many appropriately weighted factors to be considered when making an investment decision.

The State of Hawaii's College Savings Program Trust Fund (the "Trust") is a trust created by the State of Hawaii. HI529 is administered by the Director of Finance of the Department of Budget and Finance on behalf of the State of Hawaii. ABD, the Program Manager, and its affiliates have overall responsibility for the day-to-day operations, including recordkeeping and administrative servicing agent. The Vanguard Group, Inc. serves as Investment Manager for the Plan. When you invest in HI529, you are purchasing Portfolio units issued by the Trust. Portfolio units are municipal securities and the value of the units will vary with market conditions. HI529's portfolios are municipal securities that will vary with market conditions.

Investment returns are not guaranteed, and you could lose money by investing in HI529. Account owners assume all investment risks as well as responsibility for any federal and state tax consequences.

Upromise is an optional service offered by Upromise, Inc., is separate from the HI529 Program, and is not affiliated with the State of Hawaii. Terms and conditions apply to the Upromise service. Participating companies, contribution levels, and terms and conditions are subject to change at any time without notice. Transfers from Upromise to a HI529 Program account are subject to a $25 minimum.

Vanguard and the ship logo are trademarks of The Vanguard Group, Inc. Upromise and the Upromise logo are registered service marks of Upromise, Inc. All other marks are the exclusive property of their respective owners.

Not FDIC-Insured. No Bank, State or Federal Guarantee. May Lose Value.