The Colorado Scholars Choice College Savings Program, a Legg Mason-managed 529 savings program is sold exclusively through advisors. It features a lineup of age-based, static multi-fund, and individual fund portfolio options utilizing funds managed by Legg Mason affiliates as well as non-proprietary Thornburg Investment Management and Franklin Templeton Investments. To find a financial advisor in your area, use the Directory of Financial Professionals.
- Program typeSavings
- State agencyCollegeInvest, a division of the Colorado Department of Higher Education
- Tax deduction
- Program ManagerQS Investors, LLC and Legg Mason Investor Services, LLC
- Program distributorLegg Mason Investor Services, LLC
Investors in Scholars Choice College Savings Program 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||Rank|
|Scholars Choice 529 Years to Enrollment Option: 10-12 Years||0.99%||59.99%||3.46%||N/A|
|Scholars Choice 529 Years to Enrollment Option: 7-9 Years||0.94%||50.01%||3.77%||N/A|
|Scholars Choice 529 Years to Enrollment Option: 4-6 Years||0.87%||40%||4.07%||N/A|
|Scholars Choice 529 Years to Enrollment Option: 1-3 Years||0.71%||19.99%||4.3%||N/A|
|Scholars Choice 529 Years to Enrollment Option: Less than 1 Year||0.57%||0%||2.8%||N/A|
|Portfolio One: Age-Based 0-3||1.08%||80.01%||47.54%||5 of 27|
|Portfolio Two: Age-Based 4-6||1.04%||69.99%||41.44%||7 of 21|
|Portfolio Three: Age-Based 7-9||0.99%||59.99%||35.57%||3 of 21|
|Portfolio Four: Age-Based 10-12||0.94%||50.01%||30.4%||15 of 38|
|Portfolio Five: Age-Based 13-15||0.87%||40%||24.55%||4 of 38|
|Portfolio Six: Age-Based 16-18||0.71%||19.99%||13.55%||4 of 36|
|Portfolio Seven: Age-Based 19 and up||0.57%||0%||3.06%||9 of 33|