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All investing involves risk, including the potential loss of principal.

Investors should seek independent advice as to tax consequences before making any investment decision. The information contained herein is for educational purposes only and should not be construed as financial, legal or tax advice. Victory Capital does not have information related to and does not review or verify financial or tax situations, and is not liable for the use of, or any position taken in reliance on, such information. Your use of this site is subject to the Victory Capital Online Agreement.

Carefully consider a fund's investment objectives, risks, charges and expenses before investing. To obtain a prospectus or summary prospectus containing this and other important information, visit vcm.com/prospectus. Read it carefully before investing.

Carefully consider the investment objectives, risks, charges and expenses of the USAA 529 Education Savings Plan (Plan) before investing. Visit vcm.com/prospectus for a Plan Description and Participation Agreement containing this and other information about the Plan from Victory Capital Services, Inc., Underwriter and Distributor. Read it carefully before investing. 

Interests in the USAA 529 Education Savings Plan™ (Plan) are municipal fund securities issued by the Nevada College Savings Trust Fund (Trust). The value of an investment in the Plan will vary with market conditions. The Plan is administered by the Nevada State Treasurer, Zach Conine. Victory Capital Management Inc. (Victory Capital) provides investment management services, and Victory Capital Services, Inc. markets and distributes the Plan. Ascensus Broker Dealer Services, Inc. serves as the Program Manager as well as effects account owner transactions in the Plan. Interests in the Plan are not guaranteed by the Trust, the Plan, the state of Nevada, the Board or any other governmental entities, or any USAA , Victory Capital or Ascensus entities and you could lose money.

Victory Funds and the USAA 529 Education Savings Plan (Plan) are distributed by Victory Capital Services, Inc. (VCS). VictoryShares ETFs are distributed by Foreside Fund Services, LLC (Foreside). VCS is not affiliated with Foreside or United Services Automobile Association or its affiliates (USAA); Foreside is not affiliated with USAA. USAA and the Plan logos are trademarks of USAA and are being used under license.

Not FDIC Insured • May Lose Value • No Bank Guarantee