T. Rowe Price and John Hancock have teamed up with Alaska to offer the John Hancock Freedom 529 advisor-sold 529 savings program. It features enrollment-based, individual, and static portfolios utilizing mutual funds from over 20 asset managers. To find a financial advisor in your area, use the Directory of Financial Professionals.
- Program typeSavings
- Inception2001
- State agencyEducation Trust of Alaska
- Tax deduction
- Program ManagerT. Rowe Price Associates, Inc.
- Program distributorJohn Hancock Distributors LLC
Investment Options
Investors in John Hancock Freedom 529 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. | % Equity | 1YR Performance |
|---|---|---|---|
| Portfolio 2037-2040 | 1.23% | 98.75% | 28.97% |
| Portfolio 2041-2044 | 1.23% | 100% | 28.73% |
| Portfolio 2025-2028 | 1.1% | 35.75% | 17.67% |
| Enrollment Portfolio | 1.01% | 20% | 13.2% |
| Portfolio 2029-2032 | 1.16% | 57.75% | 22.01% |
| Portfolio 2033-2036 | 1.2% | 78.75% | 25.62% |
