The Maine NextGen 529 -- Client Select Series advisor-sold 529 is managed by Vestwell State Savings Administration, LLC and distributed by BlackRock Investments, LLC.. The plan consists of Year of enrollment, static multi-fund, and individual-fund options from a number of money managers: American Century, BlackRock, Franklin Templeton, Lord Abbett, MainStay, MFS and Neuberger Berman. In addition, the Principal Plus Portfolio and NextGen Savings Portfolio are offered. To find a financial advisor in your area, use the Directory of Financial Professionals.
- Program typeSavings
- Inception1999
- State agencyFinance Authority of Maine (FAME)
- Tax deduction
- Program ManagerVestwell State Savings, LLC; The Bank of New York Mellon provides certain custody and other services to the Program
- Program distributorBlackRock Investments, LLC
Investment Options
Investors in NextGen 529 -- Client Select Series can select from the following investment options. Click on a portfolio name for more information.
Sometimes referred to as the enrollment-based option, this is an investment approach where your asset allocation is programmed to change over time. Accounts for young beneficiaries are invested aggressively and accounts for beneficiaries with college right around the corner are invested much more conservatively. In some 529 plans, the age-based option operates by automatically transferring your investment from one static portfolio to another at certain points in time. Others utilize lifecycle funds or employ lifecycle-type tactics within the portfolio containing your investment so that it is not necessary to transfer your investment between portfolios.
| Portfolio | E.R. | %Â Equity | 1YR Performance |
|---|---|---|---|
| BlackRock 2035 Enrollment Portfolio | 0.81% | 72.75% | 17.53% |
| iShares 2035 Enrollment Portfolio | 0.54% | 72.99% | 16.6% |
| Franklin Templeton 2030 Enrollment Portfolio | 0.87% | 68% | 13.7% |
| Franklin Templeton 2026 Enrollment Portfolio | 0.76% | 38% | 9.52% |
| MFS 2024 Enrollment Portfolio | 0.8% | 25% | 9.09% |
| BlackRock 2038 Enrollment Portfolio | 0.81% | 81.5% | 19.08% |
| BlackRock 2026 Enrollment Portfolio | 0.83% | 35.75% | 11.36% |
| BlackRock 2024 Enrollment Portfolio | 0.74% | 18.25% | 8.2% |
| Franklin Templeton 2034 Enrollment Portfolio | 0.93% | 88% | 16.32% |
| Franklin Templeton 2027 Enrollment Portfolio | 0.79% | 45.5% | 11.01% |
| Franklin Templeton 2024 Enrollment Portfolio | 0.7% | 23% | 7.07% |
| iShares 2038 Enrollment Portfolio | 0.54% | 81.44% | 17.99% |
| iShares 2026 Enrollment Portfolio | 0.54% | 35.83% | 10.65% |
| iShares 2024 Enrollment Portfolio | 0.6% | 18.2% | 7.33% |
| MFS 2038 Enrollment Portfolio | 0.97% | 88% | 16.93% |
| MFS 2033 Enrollment Portfolio | 0.92% | 69% | 14.78% |
| MFS 2029 Enrollment Portfolio | 0.87% | 50% | 12.88% |
| Franklin Templeton 2038 Enrollment Portfolio | 0.95% | 96% | N/A |
| Franklin Templeton 2041 Enrollment Portfolio | 0.97% | 100% | N/A |
| Franklin Templeton 2036 Enrollment Portfolio | 0.94% | 92% | 17.47% |
| Franklin Templeton 2032 Enrollment Portfolio | 0.91% | 80% | 14.91% |
| Franklin Templeton 2028 Enrollment Portfolio | 0.81% | 53% | 12.2% |
| Franklin Templeton 2025 Enrollment Portfolio | 0.74% | 30.5% | 8.3% |
| Franklin Templeton Enrolled Portfolio | 0.65% | 15.5% | 4.81% |
| MFS 2041 Enrollment Portfolio | 0.98% | 97.5% | 17.48% |
| MFS 2035 Enrollment Portfolio | 0.95% | 78.5% | 15.83% |
| MFS 2031 Enrollment Portfolio | 0.89% | 59.5% | 13.83% |
| MFS 2027 Enrollment Portfolio | 0.83% | 40% | 11.23% |
| MFS 2025 Enrollment Portfolio | 0.81% | 32.5% | 10.17% |
| MFS Enrolled Portfolio | 0.79% | 20% | 8.34% |
| BlackRock 2041 Enrollment Portfolio | 0.79% | 89.75% | 20.32% |
| BlackRock 2033 Enrollment Portfolio | 0.81% | 64.25% | 16.08% |
| BlackRock 2029 Enrollment Portfolio | 0.82% | 54.25% | 14.34% |
| BlackRock 2027 Enrollment Portfolio | 0.83% | 45.25% | 12.9% |
| BlackRock 2025 Enrollment Portfolio | 0.77% | 26.75% | 9.81% |
| BlackRock Enrolled Portfolio | 0.72% | 10% | 6.8% |
| iShares 2041 Enrollment Portfolio | 0.54% | 89.8% | 19.2% |
| iShares 2033 Enrollment Portfolio | 0.54% | 63.98% | 15.03% |
| iShares 2029 Enrollment Portfolio | 0.55% | 54.35% | 13.33% |
| iShares 2027 Enrollment Portfolio | 0.55% | 45.18% | 11.8% |
| iShares 2025 Enrollment Portfolio | 0.58% | 26.77% | 8.88% |
| iShares Enrolled Portfolio | 0.62% | 10% | 5.88% |
