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Connecticut Higher Education Trust (CHET) logo

Connecticut Higher Education Trust (CHET)

Similar to other TIAA-managed 529 savings programs, the Connecticut Higher Education Trust (CHET) features three age-based options along with eight static investment options.


  • Program typeSavings
  • Inception1997
  • State agency
    Connecticut State Treasurer
  • Tax deduction
    Tax deduction for single filers $5,000/yr
    Tax deduction for joint filers $10,000/yr
  • Program Manager
    TIAA-CREF Tuition Financing, Inc.
  • Program distributor
    TIAA-CREF Individual & Institutional Services, LLC
  • Manager contract termUNLOCK PRO

Investors in Connecticut Higher Education Trust (CHET) can select from the following investment options. Click on a portfolio name for more information.

Use the form below to filter through the investment options in this plan

Child age


Max Expense Ratio:2.5%

Age Based Investment Options

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.

PortfolioE.R% Equity1YR PerformanceRank
Conservative
Conservative Managed Allocation Option: Age Band 0-40.36%50%4.25%N/A
Conservative Managed Allocation Option: Age Band 5-80.36%45%3.96%N/A
Conservative Managed Allocation Option: Age Band 9-100.37%37%3.37%N/A
Conservative Managed Allocation Option: Age Band 11-120.38%28%2.48%N/A
Conservative Managed Allocation Option: Age Band 13-140.4%23%2.18%N/A
Conservative Managed Allocation Option: Age Band 150.36%17%1.79%N/A
Conservative Managed Allocation Option: Age Band 160.3%14%1.89%N/A
Conservative Managed Allocation Option: Age Band 170.27%9%1.59%N/A
Conservative Managed Allocation Option: Age Band 18+0.2%4%1.69%N/A
Moderate
Moderate Managed Allocation Option: Age Band 0-40.31%78%6.59%N/A
Moderate Managed Allocation Option: Age Band 5-80.33%67%5.52%N/A
Moderate Managed Allocation Option: Age Band 9-100.37%55%4.45%N/A
Moderate Managed Allocation Option: Age Band 11-120.37%47%3.86%N/A
Moderate Managed Allocation Option: Age Band 13-140.36%38%2.97%N/A
Moderate Managed Allocation Option: Age Band 150.36%34%2.68%N/A
Moderate Managed Allocation Option: Age Band 160.36%29%2.38%N/A
Moderate Managed Allocation Option: Age Band 170.33%24%2.38%N/A
Moderate Managed Allocation Option: Age Band 18+0.3%17%2.29%N/A
Aggressive
Aggressive Managed Allocation Option: Age Band 0-40.27%87%7.66%N/A
Aggressive Managed Allocation Option: Age Band 5-80.29%81%7.28%N/A
Aggressive Managed Allocation Option: Age Band 9-100.3%77%6.89%N/A
Aggressive Managed Allocation Option: Age Band 11-120.31%69%6.11%N/A
Aggressive Managed Allocation Option: Age Band 13-140.33%60%5.33%N/A
Aggressive Managed Allocation Option: Age Band 150.35%53%4.74%N/A
Aggressive Managed Allocation Option: Age Band 160.35%45%3.96%N/A
Aggressive Managed Allocation Option: Age Band 170.33%38%3.47%N/A
Aggressive Managed Allocation Option: Age Band 18+0.31%31%3.17%N/A

Static Investment Options

This refers to an investment option that is not programmed to change over time. The individual fund portfolio and multi-fund portfolio described below are static options. So are many portfolios that do not use mutual funds, such as stable-value options, guaranteed options, CD options, etc.

PortfolioE.R% Equity1YR PerformanceRank
High Equity Balanced Option0.29%80%7.52%33 of 52
Global Equity Index Option0.21%100%8.21%164 of 228
Active Fixed-Income Option0.58%0%-0.12%23 of 68
Active Global Equity Option0.79%100%11.03%103 of 228

Individual Investment Options

Sometimes called a single-fund option, this is a portfolio invested in a single mutual fund. Often the name of the 529 portfolio is very similar to the name of the underlying mutual fund. A large number of broker-sold 529s offer an extensive line-up of individual fund options, while a smaller number of direct-sold 529s offer them.

PortfolioE.R% Equity1YR PerformanceRank
Social Choice Option0.31%100%16.08%89 of 228
Money Market Option0.13%0%1.28%40 of 66
Index Fixed-Income Option0.24%0%-1.5%48 of 68
U.S. Equity Index Option0.18%100%17.33%45 of 228
International Equity Index Option0.18%100%2.52%211 of 228
Global Tactical Asset Allocation Option1.12%60%1.41%52 of 52

Use the form below to filter through the investment options in this plan

Child age


Max Expense Ratio:2.5%