The team of Ascensus College Savings and The Vanguard Group manages the Arkansas' GIFT College Investing Plan, featuring age-based and static portfolio options utilizing Vanguard mutual funds, and an FDIC-insured savings option. Accounts can be linked to the Upromise rewards service.
- Program typeSavings
- Inception1999, but substantially changed in February 2005
- State agencyThe Arkansas 529 Plan Review Committee, composed of the Director of the Department of Higher Education, the Executive Director of the Arkansas Teacher Retirement System, and the Arkansas State Treasurer
- Tax deduction
- Program ManagerAscensus College Savings, with The Vanguard Group as investment manager
- Program distributorAscensus College Savings
Investment Options
Investors in GIFT College Investing Plan 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 | Rank |
---|---|---|---|---|
Conservative | ||||
Conservative Age-Based: Blended Growth Portfolio (0-4) | 0.53% | 62.5% | 16.38% | N/A |
Conservative Age-Based: Moderate Growth Portfolio (5-6) | 0.53% | 50% | 12.8% | N/A |
Conservative Age-Based: Blended Moderate Growth Portfolio (7-8) | 0.53% | 37.5% | 9.02% | N/A |
Conservative Age-Based: Conservative Growth Portfolio (9-10) | 0.53% | 25% | 5.47% | N/A |
Conservative Age-Based: Blended Conservative Portfolio (11-12) | 0.53% | 12.5% | 1.97% | N/A |
Conservative Age-Based: Income Portfolio (13-14) | 0.53% | 0% | 0.32% | N/A |
Conservative Age-Based: Blended Income Portfolio (15-16) | 0.53% | 0% | 0.64% | N/A |
Conservative Age-Based: Blended Conservative Income Portfolio (17-18) | 0.53% | 0% | 0.94% | N/A |
Conservative Age-Based: Interest Accumulation Portfolio (19+) | 0.53% | 0% | 1.23% | N/A |
Moderate | ||||
Moderate Age-Based: Blended Aggressive Growth Portfolio (0-4) | 0.53% | 87.5% | 24.4% | N/A |
Moderate Age-Based: Growth Portfolio (5-6) | 0.53% | 75% | 20.37% | N/A |
Moderate Age-Based: Blended Growth Portfolio (7-8) | 0.53% | 62.5% | 16.38% | N/A |
Moderate Age-Based: Moderate Growth Portfolio (9-10) | 0.53% | 50% | 12.8% | N/A |
Moderate Age-Based: Blended Moderate Growth Portfolio (11-12) | 0.53% | 37.5% | 9.02% | N/A |
Moderate Age-Based: Conservative Growth Portfolio (13-14) | 0.53% | 25% | 5.47% | N/A |
Moderate Age-Based: Blended Conservative Portfolio (15-16) | 0.53% | 12.5% | 1.97% | N/A |
Moderate Age-Based: Income Portfolio (17-18) | 0.53% | 0% | 0.32% | N/A |
Moderate Age-Based: Income Portfolio (19+) | 0.53% | 0% | 0.32% | N/A |
Aggressive | ||||
Aggressive Age-Based: Aggressive Growth Portfolio (0-4) | 0.53% | 100% | 28.45% | N/A |
Aggressive Age-Based: Blended Aggressive Growth Portfolio (5-6) | 0.53% | 87.5% | 24.4% | N/A |
Aggressive Age-Based: Blended Aggressive Growth Portfolio (7-8) | 0.53% | 87.5% | 24.4% | N/A |
Aggressive Age-Based: Growth Portfolio (9-10) | 0.53% | 75% | 20.37% | N/A |
Aggressive Age-Based: Blended Growth Portfolio (11-12) | 0.53% | 62.5% | 16.38% | N/A |
Aggressive Age-Based: Moderate Growth Portfolio (13-14) | 0.53% | 50% | 12.8% | N/A |
Aggressive Age-Based: Blended Moderate Growth Portfolio (15-16) | 0.53% | 37.5% | 9.02% | N/A |
Aggressive Age-Based: Conservative Growth Portfolio (17-18) | 0.53% | 25% | 5.47% | N/A |
Aggressive Age-Based: Blended Conservative Portfolio (19+) | 0.53% | 12.5% | 1.97% | N/A |