529 PLANS

529 News

Texas College Savings Plan adds new investment options

(June 21, 2010) - The Texas College Savings Plan, managed by OppenheimerFunds, has new investment objectives, target asset Allocations and underlying Investments effective June 18, 2010.

The OFIPI Baring International Strategy will be removed and the Thornburg International Value Fund and Vanguard Inflation-Protection Securities Fund will be introduced as new underlying investments for certain age-based Portfolios.

The Fixed Income Portfolio and the Inflation-Protected Bond Portfolio will be introduced as new individual-fund portfolios in the plan.

In addition, the total asset-based fees under the new structure will range from 0.40% to 0.88% and the expenses of the underlying investments for the Blended Portfolios will now range from 0.34% to 0.63%.

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