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General Information
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.
Our Ratingix
4 of 5
Fee Scoreix
5 of 5
Performanceix
3.5 of 5
- Program typeSavings
- Inception1997
- State agencyConnecticut State Treasurer
- Tax deduction
- Program ManagerTIAA-CREF Tuition Financing, Inc.
- Program distributorTIAA-CREF Individual & Institutional Services, LLC
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.
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.
| Portfolio | E.R.ix | % Equity | 1YR Performance | Rank |
|---|---|---|---|---|
| High Equity Balanced Option | 0.27% | 80% | -10% | 46 of 50 |
| Global Equity Index Option | 0.18% | 100% | -12.81% | 167 of 235 |
| Active Fixed-Income Option | 0.53% | 0% | 2.71% | 37 of 70 |
| Active Global Equity Option | 0.65% | 100% | -13.45% | 169 of 235 |
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.
| Portfolio | E.R.ix | % Equity | 1YR Performance | Rank |
|---|---|---|---|---|
| Principal Plus Interest Option | 0% | 0% | 2.21% | 15 of 68 |
| Social Choice Option | 0.28% | 100% | -8.36% | 69 of 235 |
| Money Market Option | 0.14% | 0% | 1.73% | 41 of 68 |
| Index Fixed-Income Option | 0.22% | 0% | 8.74% | 22 of 70 |
| U.S. Equity Index Option | 0.16% | 100% | -9.25% | 50 of 235 |
| International Equity Index Option | 0.17% | 100% | -14.86% | 192 of 235 |
| Global Tactical Asset Allocation Option | 0.98% | 40% | -10.69% | 39 of 39 |
Use the form below to filter through the investment options in this plan