COLLEGE SAVINGS 101

Savingforcollege.com

2012 one-year top performing direct plans Q2
http://www.savingforcollege.com/articles/2012-1-year-top-performing-direct-plans-q2

Posted: 2012-08-06

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 one-year, three-year and five-year performance tables.

To prepare this ranking, we compared a subset of portfolios from each 529 savings plan. We selected portfolios based on their mix of stocks, bonds and money market funds, which allows for an apples-to-apples comparison in seven 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.

Here are our 529 performance rankings as of June 30, 2012 for Direct-sold 529 plans.

One-year performance ranking (click here for three-year performance table and five-year performance table):

Rank State Plan Percentile
1 New York New York's 529 College Savings Program -- Direct Plan 23.29
2 Pennsylvania Pennsylvania 529 Investment Plan 24.48
3 Florida Florida College Investment Plan 27.10
4 Michigan Michigan Education Savings Program 28.22
5 Vermont Vermont Higher Education Investment Plan 30.21
6 Illinois Bright Start College Savings Program -- Direct-sold Plan 30.45
7 Georgia Path2College 529 Plan 31.05
8 Minnesota Minnesota College Savings Plan 31.17
9 Iowa College Savings Iowa 31.43
10 Kentucky Kentucky Education Savings Plan Trust 32.90
11 New Mexico The Education Plan's College Savings Program (Direct-sold) 32.98
12 Alabama College Counts 529 Fund (Direct-sold) 33.09
13 Colorado Direct Portfolio College Savings Plan 33.15
14 Hawaii Hawaii's College Savings Program 33.52
15 Utah Utah Educational Savings Plan (UESP) Trust 34.83
16 Oklahoma Oklahoma College Savings Plan 35.63
17 District of Columbia DC 529 College Savings Program (Direct-sold) 36.93
18 Indiana CollegeChoice 529 Investment Plan (Direct-sold) 38.82
19 Missouri MOST - Missouri's 529 College Savings Plan (Direct-sold) 40.71
20 Nevada The Vanguard 529 Savings Plan 41.60
21 Alaska University of Alaska College Savings Plan 41.69
22 Kansas Learning Quest 529 Education Savings Program (Direct-sold) 42.04
23 Oregon Oregon College Savings Plan 42.07
24 Alaska T. Rowe Price College Savings Plan 43.00
25 Maine NextGen College Investing Plan -- Client Direct Series 43.58
26 North Dakota College SAVE 45.34
27 Texas Texas College Savings Plan 45.50
28 South Carolina Future Scholar 529 College Savings Plan (Direct-sold) 45.53
29 Wisconsin EdVest (Direct-sold) 46.47
30 Arkansas GIFT College Investing Plan 47.68
31 Ohio Ohio CollegeAdvantage 529 Savings Plan 47.89
32 Idaho Idaho College Savings Program (IDeal) 48.83
33 Maryland College Savings Plans of Maryland -- College Investment Plan 50.98
34 Nebraska Nebraska Education Savings Trust - Direct College Savings Plan 51.94
35 West Virginia SMART529 WV Direct 53.74
36 Virginia Virginia Education Savings Trust (VEST) 54.24
37 Nebraska TD Ameritrade 529 College Savings Plan 55.13
38 Louisiana START Saving Program 57.18
39 South Dakota CollegeAccess 529 (Direct-sold) 58.94
40 Connecticut Connecticut Higher Education Trust (CHET) 61.99
41 Kansas Schwab 529 College Savings Plan 63.36
42 Massachusetts U.Fund College Investing Plan 64.40
43 Arizona Fidelity Arizona College Savings Plan 64.49
44 Delaware Delaware College Investment Plan 64.55
45 New Hampshire UNIQUE College Investing Plan 64.65
46 Rhode Island CollegeBoundfund (Direct-sold, Alternative RI) 65.44
47 Montana Montana Family Education Savings Program Investment Plan 71.05
48 New Jersey NJBEST 529 College Savings Plan 74.62
49 West Virginia SMART529 Select 77.27
50 Nevada USAA 529 College Savings Plan 86.15
- California The ScholarShare College Savings Plan NA
- Mississippi Mississippi Affordable College Savings (MACS) Program NA
- Nevada SSgA Upromise College Fund NA
- North Carolina National College Savings Program NA

NA = Not Applicable = Program does not have at least one portfolio with sufficiently-long performance in a minimum of four asset allocation categories 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 percent equity, 80 percent equity, 60 percent equity, 40 percent equity, 20 percent equity, 100 percent fixed and 100 percent 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 represent past performance and are 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 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: JFH Innovative, LLC 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 one-year, three-year and five-year performance tables.

To prepare this ranking, we compared a subset of portfolios from each 529 savings plan. We selected portfolios based on their mix of stocks, bonds and money market funds, which allows for an apples-to-apples comparison in seven 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.

Here are our 529 performance rankings as of June 30, 2012 for Direct-sold 529 plans.

One-year performance ranking (click here for three-year performance table and five-year performance table):

Rank State Plan Percentile
1 New York New York's 529 College Savings Program -- Direct Plan 23.29
2 Pennsylvania Pennsylvania 529 Investment Plan 24.48
3 Florida Florida College Investment Plan 27.10
4 Michigan Michigan Education Savings Program 28.22
5 Vermont Vermont Higher Education Investment Plan 30.21
6 Illinois Bright Start College Savings Program -- Direct-sold Plan 30.45
7 Georgia Path2College 529 Plan 31.05
8 Minnesota Minnesota College Savings Plan 31.17
9 Iowa College Savings Iowa 31.43
10 Kentucky Kentucky Education Savings Plan Trust 32.90
11 New Mexico The Education Plan's College Savings Program (Direct-sold) 32.98
12 Alabama College Counts 529 Fund (Direct-sold) 33.09
13 Colorado Direct Portfolio College Savings Plan 33.15
14 Hawaii Hawaii's College Savings Program 33.52
15 Utah Utah Educational Savings Plan (UESP) Trust 34.83
16 Oklahoma Oklahoma College Savings Plan 35.63
17 District of Columbia DC 529 College Savings Program (Direct-sold) 36.93
18 Indiana CollegeChoice 529 Investment Plan (Direct-sold) 38.82
19 Missouri MOST - Missouri's 529 College Savings Plan (Direct-sold) 40.71
20 Nevada The Vanguard 529 Savings Plan 41.60
21 Alaska University of Alaska College Savings Plan 41.69
22 Kansas Learning Quest 529 Education Savings Program (Direct-sold) 42.04
23 Oregon Oregon College Savings Plan 42.07
24 Alaska T. Rowe Price College Savings Plan 43.00
25 Maine NextGen College Investing Plan -- Client Direct Series 43.58
26 North Dakota College SAVE 45.34
27 Texas Texas College Savings Plan 45.50
28 South Carolina Future Scholar 529 College Savings Plan (Direct-sold) 45.53
29 Wisconsin EdVest (Direct-sold) 46.47
30 Arkansas GIFT College Investing Plan 47.68
31 Ohio Ohio CollegeAdvantage 529 Savings Plan 47.89
32 Idaho Idaho College Savings Program (IDeal) 48.83
33 Maryland College Savings Plans of Maryland -- College Investment Plan 50.98
34 Nebraska Nebraska Education Savings Trust - Direct College Savings Plan 51.94
35 West Virginia SMART529 WV Direct 53.74
36 Virginia Virginia Education Savings Trust (VEST) 54.24
37 Nebraska TD Ameritrade 529 College Savings Plan 55.13
38 Louisiana START Saving Program 57.18
39 South Dakota CollegeAccess 529 (Direct-sold) 58.94
40 Connecticut Connecticut Higher Education Trust (CHET) 61.99
41 Kansas Schwab 529 College Savings Plan 63.36
42 Massachusetts U.Fund College Investing Plan 64.40
43 Arizona Fidelity Arizona College Savings Plan 64.49
44 Delaware Delaware College Investment Plan 64.55
45 New Hampshire UNIQUE College Investing Plan 64.65
46 Rhode Island CollegeBoundfund (Direct-sold, Alternative RI) 65.44
47 Montana Montana Family Education Savings Program Investment Plan 71.05
48 New Jersey NJBEST 529 College Savings Plan 74.62
49 West Virginia SMART529 Select 77.27
50 Nevada USAA 529 College Savings Plan 86.15
- California The ScholarShare College Savings Plan NA
- Mississippi Mississippi Affordable College Savings (MACS) Program NA
- Nevada SSgA Upromise College Fund NA
- North Carolina National College Savings Program NA

NA = Not Applicable = Program does not have at least one portfolio with sufficiently-long performance in a minimum of four asset allocation categories 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 percent equity, 80 percent equity, 60 percent equity, 40 percent equity, 20 percent equity, 100 percent fixed and 100 percent 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 represent past performance and are 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 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: JFH Innovative, LLC 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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