COLLEGE SAVINGS 101

Savingforcollege.com

2012 three-year top performing direct plans Q2
http://www.savingforcollege.com/articles/2012-3-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 both 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.

Three-year performance ranking (click here for one-year performance table and five-year performance table):

Rank State Plan Percentile
1 Alaska T. Rowe Price College Savings Plan 23.87
2 Alaska University of Alaska College Savings Plan 24.88
3 Nevada USAA 529 College Savings Plan 25.11
4 New York New York's 529 College Savings Program -- Direct Plan 30.00
5 Michigan Michigan Education Savings Program 30.25
6 Maryland College Savings Plans of Maryland -- College Investment Plan 30.95
7 Virginia Virginia Education Savings Trust (VEST) 36.78
8 Wisconsin EdVest (Direct-sold) 37.57
9 Maine NextGen College Investing Plan -- Client Direct Series 38.22
10 Minnesota Minnesota College Savings Plan 38.60
11 Pennsylvania Pennsylvania 529 Investment Plan 38.88
12 Oklahoma Oklahoma College Savings Plan 39.55
13 Utah Utah Educational Savings Plan (UESP) Trust 40.25
14 Louisiana START Saving Program 42.39
15 Vermont Vermont Higher Education Investment Plan 42.83
16 Florida Florida College Investment Plan 43.54
17 Georgia Path2College 529 Plan 44.23
18 Colorado Direct Portfolio College Savings Plan 45.29
19 District of Columbia DC 529 College Savings Program (Direct-sold) 45.31
20 Kentucky Kentucky Education Savings Plan Trust 45.86
21 South Dakota CollegeAccess 529 (Direct-sold) 48.17
22 Iowa College Savings Iowa 48.50
23 Hawaii Hawaii's College Savings Program 48.55
24 Ohio Ohio CollegeAdvantage 529 Savings Plan 49.57
25 Nevada The Vanguard 529 Savings Plan 50.01
26 South Carolina Future Scholar 529 College Savings Plan (Direct-sold) 50.91
27 Indiana CollegeChoice 529 Investment Plan (Direct-sold) 52.52
28 Rhode Island CollegeBoundfund (Direct-sold, Alternative RI) 52.72
29 Kansas Learning Quest 529 Education Savings Program (Direct-sold) 54.74
30 West Virginia SMART529 WV Direct 56.40
31 Illinois Bright Start College Savings Program -- Direct-sold Plan 57.42
32 Missouri MOST - Missouri's 529 College Savings Plan (Direct-sold) 57.54
33 Kansas Schwab 529 College Savings Plan 57.76
34 Arkansas GIFT College Investing Plan 59.26
35 North Dakota College SAVE 59.41
36 Idaho Idaho College Savings Program (IDeal) 60.10
37 New Jersey NJBEST 529 College Savings Plan 61.67
38 Connecticut Connecticut Higher Education Trust (CHET) 62.94
39 Arizona Fidelity Arizona College Savings Plan 64.82
40 New Hampshire UNIQUE College Investing Plan 65.08
41 Massachusetts U.Fund College Investing Plan 65.35
42 Delaware Delaware College Investment Plan 65.38
43 West Virginia SMART529 Select 68.14
44 New Mexico The Education Plan's College Savings Program (Direct-sold) 69.22
45 Texas Texas College Savings Plan 73.13
- Alabama College Counts 529 Fund (Direct-sold) NA
- California The ScholarShare College Savings Plan NA
- Mississippi Mississippi Affordable College Savings (MACS) Program NA
- Montana Montana Family Education Savings Program Investment Plan NA
- Nebraska Nebraska Education Savings Trust - Direct College Savings Plan NA
- Nebraska TD Ameritrade 529 College Savings Plan NA
- Nevada SSgA Upromise College Fund NA
- North Carolina National College Savings Program NA
- Oregon Oregon College Savings Plan 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 both 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.

Three-year performance ranking (click here for one-year performance table and five-year performance table):

Rank State Plan Percentile
1 Alaska T. Rowe Price College Savings Plan 23.87
2 Alaska University of Alaska College Savings Plan 24.88
3 Nevada USAA 529 College Savings Plan 25.11
4 New York New York's 529 College Savings Program -- Direct Plan 30.00
5 Michigan Michigan Education Savings Program 30.25
6 Maryland College Savings Plans of Maryland -- College Investment Plan 30.95
7 Virginia Virginia Education Savings Trust (VEST) 36.78
8 Wisconsin EdVest (Direct-sold) 37.57
9 Maine NextGen College Investing Plan -- Client Direct Series 38.22
10 Minnesota Minnesota College Savings Plan 38.60
11 Pennsylvania Pennsylvania 529 Investment Plan 38.88
12 Oklahoma Oklahoma College Savings Plan 39.55
13 Utah Utah Educational Savings Plan (UESP) Trust 40.25
14 Louisiana START Saving Program 42.39
15 Vermont Vermont Higher Education Investment Plan 42.83
16 Florida Florida College Investment Plan 43.54
17 Georgia Path2College 529 Plan 44.23
18 Colorado Direct Portfolio College Savings Plan 45.29
19 District of Columbia DC 529 College Savings Program (Direct-sold) 45.31
20 Kentucky Kentucky Education Savings Plan Trust 45.86
21 South Dakota CollegeAccess 529 (Direct-sold) 48.17
22 Iowa College Savings Iowa 48.50
23 Hawaii Hawaii's College Savings Program 48.55
24 Ohio Ohio CollegeAdvantage 529 Savings Plan 49.57
25 Nevada The Vanguard 529 Savings Plan 50.01
26 South Carolina Future Scholar 529 College Savings Plan (Direct-sold) 50.91
27 Indiana CollegeChoice 529 Investment Plan (Direct-sold) 52.52
28 Rhode Island CollegeBoundfund (Direct-sold, Alternative RI) 52.72
29 Kansas Learning Quest 529 Education Savings Program (Direct-sold) 54.74
30 West Virginia SMART529 WV Direct 56.40
31 Illinois Bright Start College Savings Program -- Direct-sold Plan 57.42
32 Missouri MOST - Missouri's 529 College Savings Plan (Direct-sold) 57.54
33 Kansas Schwab 529 College Savings Plan 57.76
34 Arkansas GIFT College Investing Plan 59.26
35 North Dakota College SAVE 59.41
36 Idaho Idaho College Savings Program (IDeal) 60.10
37 New Jersey NJBEST 529 College Savings Plan 61.67
38 Connecticut Connecticut Higher Education Trust (CHET) 62.94
39 Arizona Fidelity Arizona College Savings Plan 64.82
40 New Hampshire UNIQUE College Investing Plan 65.08
41 Massachusetts U.Fund College Investing Plan 65.35
42 Delaware Delaware College Investment Plan 65.38
43 West Virginia SMART529 Select 68.14
44 New Mexico The Education Plan's College Savings Program (Direct-sold) 69.22
45 Texas Texas College Savings Plan 73.13
- Alabama College Counts 529 Fund (Direct-sold) NA
- California The ScholarShare College Savings Plan NA
- Mississippi Mississippi Affordable College Savings (MACS) Program NA
- Montana Montana Family Education Savings Program Investment Plan NA
- Nebraska Nebraska Education Savings Trust - Direct College Savings Plan NA
- Nebraska TD Ameritrade 529 College Savings Plan NA
- Nevada SSgA Upromise College Fund NA
- North Carolina National College Savings Program NA
- Oregon Oregon College Savings Plan 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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