CHET reduces management fee and adds new investment options.
Connecticut Higher Education Trust (CHET) reduced the plan’s program management fee bringing total asset-based expense ratios to 0.34% to 0.98% effective Dec 6, 2010. The Principal Plus Interest Option will continue to be offered without a program management fee. For more information, click hereReturn to 529 News center
CHET also added three new investment options: the Conservative Managed Allocation Option, Active Equity Option and Index Fixed-Income Option.