COLLEGE SAVINGS 101

Savingforcollege.com

2008 5-year Top Performing Direct Plans Q3
http://www.savingforcollege.com/articles/2008-5-year-top-performing-direct-plans-q3

Posted: 2008-11-21

Savingforcollege.com ranks the performance of Direct Sold 529 Plans. Direct sold plans are those that consumers can enroll in without using a broker. We have prepared both 1-year. 3-year and 5-year performance tables.

To prepare this ranking, we compared a subset of portfolios from each 529 savings plan, selecting portfolios based on their mix of stocks, bonds, and money-market funds, allowing for an apples-to-apples comparison in seven different asset-allocation categories. The lower the "percentile" the better the ranking.

This ranking could be a useful tool for you when selecting which Direct 529 Plan might be right for you.

529 Performance Rankings as of September 30, 2008
Direct sold 529 Plans
Ranked by 5 Yr performance

Updated November 25, 2008

5-year Performance Ranking (click here for 1 Year Performance Table and 3 Year Performance Table)

Rank State Plan Percentile
1 Louisiana START Saving Program 26.45
2 Alaska T. Rowe Price College Savings Plan 26.57
3 Virginia Virginia Education Savings Trust (VEST) 28.71
4 Utah Utah Educational Savings Plan (UESP) Trust 30.38
5 Maryland College Savings Plans of Maryland - College Investment Plan 31.68
6 Nebraska College Savings Plan of Nebraska (Direct-sold) 32.40
7 Alaska University of Alaska College Savings Plan 34.17
8 Nevada The Vanguard 529 Savings Plan 34.70
9 Rhode Island CollegeBoundfund (Direct-sold, Alternative R) 35.21
10 Nevada The Upromise College Fund 37.89
11 South Carolina Future Scholar 529 College Savings Plan (Direct-sold) 38.87
12 Iowa College Savings Iowa 39.94
13 West Virginia SMART529 WV Direct 41.65
14 New Jersey NJBEST 529 College Savings Plan 41.99
15 Nebraska TD Ameritrade 529 College Savings Plan 42.30
16 South Dakota CollegeAccess 529 (Direct-sold) 43.94
17 Wisconsin EdVest (Direct-sold) 49.01
18 Delaware Delaware College Investment Plan 56.72
19 New Hampshire UNIQUE College Investing Plan 58.45
20 North Carolina National College Savings Program 59.26
21 Kentucky Kentucky Education Savings Plan Trust 59.94
22 Massachusetts U.Fund College Investing Plan 61.40
23 Alabama Higher Education 529 Fund (Direct-sold) 63.06
24 Nevada USAA College Savings Plan 65.48
- Arizona Fidelity Arizona College Savings Plan NA
- Arkansas GIFT College Investing Plan NA
- California The ScholarShare College Savings Plan NA
- Colorado Direct Portfolio College Savings Plan NA
- Connecticut Connecticut Higher Education Trust (CHET) NA
- District of Columbia DC 529 College Savings Program (Direct-sold) NA
- Florida Florida College Investment Plan NA
- Georgia Path2College 529 Plan NA
- Hawaii Hawaii's College Savings Program NA
- Idaho Idaho College Savings Program (IDeal) NA
- Illinois Bright Start College Savings Program - Direct-sold-Plan NA
- Indiana CollegeChoice 529 Investment Plan (Direct-sold) NA
- Kansas Learning Quest 529 Education Savings Program (Direct-sold) NA
- Kansas Schwab 529 College Savings Plan NA
- Maine NextGen College Investing Plan - Client Direct Series NA
- Michigan Michigan Education Savings Program NA
- Minnesota Minnesota College Savings Plan NA
- Mississippi Mississippi Affordable College Savings (MACS) Program NA
- Missouri MOST - Missouri's 529 College Savings Plan (Direct-sold) NA
- Montana Pacific Life Funds 529 College Savings Plan (Direct-sold) MT NA
- North Dakota College SAVE NA
- Ohio Ohio CollegeAdvantage 529 Savings Plan NA
- Oklahoma Oklahoma College Savings Plan NA
- Oregon Oregon College Savings Plan NA
- Pennsylvania Pennsylvania 529 Investment Plan NA
- New Mexico The Education Plan's College Savings Program NA
- New York New York's 529 College Savings Program - Direct Plan NA
- Texas Texas College Savings Plan NA
- Vermont Vermont Higher Education Investment Plan NA
- West Virginia SMART529 Select NA

NA = Not Applicable = Program does not have at least 3 portfolios with sufficiently-long performance under our ranking model.

The Savingforcollege.com Plan Composite Rankings are derived using the plans relevant portfolio performance in seven unique asset allocation categories. The asset allocation categories used are 100% Equity, 80% Equity, 60% Equity, 40% Equity, 20% Equity, 100% Fixed, and 100% Short Term. The plan composite ranking is determined by the average of its percentile ranking in the seven categories.

The performance data underlying these rankings represents past performance and is not a guarantee of future performance. Current performance may be lower or higher than the performance data used. A plan portfolio's investment return and principal value will fluctuate so that an investor's shares or units when redeemed may be worth more or less than their original cost. Investors should carefully consider plan investment goals, risks, charges and expenses, by obtaining and reading the plan's official program description before investing. Investors should also consider whether their of their beneficiary's home state offers any tax or other benefits that are available for investments only in such state's 529 plan.

Brokers please note: For internal use only and not for use with or to be shown to the investing public.

Disclaimer: Bankrate, Inc. shall not be liable for any errors or omissions in this report. Users should rely on official program disclosures.

For Broker Sold plan rankings, click here.

Savingforcollege.com ranks the performance of Direct Sold 529 Plans. Direct sold plans are those that consumers can enroll in without using a broker. We have prepared both 1-year. 3-year and 5-year performance tables.

To prepare this ranking, we compared a subset of portfolios from each 529 savings plan, selecting portfolios based on their mix of stocks, bonds, and money-market funds, allowing for an apples-to-apples comparison in seven different asset-allocation categories. The lower the "percentile" the better the ranking.

This ranking could be a useful tool for you when selecting which Direct 529 Plan might be right for you.

529 Performance Rankings as of September 30, 2008
Direct sold 529 Plans
Ranked by 5 Yr performance

Updated November 25, 2008

5-year Performance Ranking (click here for 1 Year Performance Table and 3 Year Performance Table)

Rank State Plan Percentile
1 Louisiana START Saving Program 26.45
2 Alaska T. Rowe Price College Savings Plan 26.57
3 Virginia Virginia Education Savings Trust (VEST) 28.71
4 Utah Utah Educational Savings Plan (UESP) Trust 30.38
5 Maryland College Savings Plans of Maryland - College Investment Plan 31.68
6 Nebraska College Savings Plan of Nebraska (Direct-sold) 32.40
7 Alaska University of Alaska College Savings Plan 34.17
8 Nevada The Vanguard 529 Savings Plan 34.70
9 Rhode Island CollegeBoundfund (Direct-sold, Alternative R) 35.21
10 Nevada The Upromise College Fund 37.89
11 South Carolina Future Scholar 529 College Savings Plan (Direct-sold) 38.87
12 Iowa College Savings Iowa 39.94
13 West Virginia SMART529 WV Direct 41.65
14 New Jersey NJBEST 529 College Savings Plan 41.99
15 Nebraska TD Ameritrade 529 College Savings Plan 42.30
16 South Dakota CollegeAccess 529 (Direct-sold) 43.94
17 Wisconsin EdVest (Direct-sold) 49.01
18 Delaware Delaware College Investment Plan 56.72
19 New Hampshire UNIQUE College Investing Plan 58.45
20 North Carolina National College Savings Program 59.26
21 Kentucky Kentucky Education Savings Plan Trust 59.94
22 Massachusetts U.Fund College Investing Plan 61.40
23 Alabama Higher Education 529 Fund (Direct-sold) 63.06
24 Nevada USAA College Savings Plan 65.48
- Arizona Fidelity Arizona College Savings Plan NA
- Arkansas GIFT College Investing Plan NA
- California The ScholarShare College Savings Plan NA
- Colorado Direct Portfolio College Savings Plan NA
- Connecticut Connecticut Higher Education Trust (CHET) NA
- District of Columbia DC 529 College Savings Program (Direct-sold) NA
- Florida Florida College Investment Plan NA
- Georgia Path2College 529 Plan NA
- Hawaii Hawaii's College Savings Program NA
- Idaho Idaho College Savings Program (IDeal) NA
- Illinois Bright Start College Savings Program - Direct-sold-Plan NA
- Indiana CollegeChoice 529 Investment Plan (Direct-sold) NA
- Kansas Learning Quest 529 Education Savings Program (Direct-sold) NA
- Kansas Schwab 529 College Savings Plan NA
- Maine NextGen College Investing Plan - Client Direct Series NA
- Michigan Michigan Education Savings Program NA
- Minnesota Minnesota College Savings Plan NA
- Mississippi Mississippi Affordable College Savings (MACS) Program NA
- Missouri MOST - Missouri's 529 College Savings Plan (Direct-sold) NA
- Montana Pacific Life Funds 529 College Savings Plan (Direct-sold) MT NA
- North Dakota College SAVE NA
- Ohio Ohio CollegeAdvantage 529 Savings Plan NA
- Oklahoma Oklahoma College Savings Plan NA
- Oregon Oregon College Savings Plan NA
- Pennsylvania Pennsylvania 529 Investment Plan NA
- New Mexico The Education Plan's College Savings Program NA
- New York New York's 529 College Savings Program - Direct Plan NA
- Texas Texas College Savings Plan NA
- Vermont Vermont Higher Education Investment Plan NA
- West Virginia SMART529 Select NA

NA = Not Applicable = Program does not have at least 3 portfolios with sufficiently-long performance under our ranking model.

The Savingforcollege.com Plan Composite Rankings are derived using the plans relevant portfolio performance in seven unique asset allocation categories. The asset allocation categories used are 100% Equity, 80% Equity, 60% Equity, 40% Equity, 20% Equity, 100% Fixed, and 100% Short Term. The plan composite ranking is determined by the average of its percentile ranking in the seven categories.

The performance data underlying these rankings represents past performance and is not a guarantee of future performance. Current performance may be lower or higher than the performance data used. A plan portfolio's investment return and principal value will fluctuate so that an investor's shares or units when redeemed may be worth more or less than their original cost. Investors should carefully consider plan investment goals, risks, charges and expenses, by obtaining and reading the plan's official program description before investing. Investors should also consider whether their of their beneficiary's home state offers any tax or other benefits that are available for investments only in such state's 529 plan.

Brokers please note: For internal use only and not for use with or to be shown to the investing public.

Disclaimer: Bankrate, Inc. shall not be liable for any errors or omissions in this report. Users should rely on official program disclosures.

For Broker Sold plan rankings, click here.

 

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