Connecticut Higher Education Trust (CHET), a Fidelity-managed 529 plan follows the same approach as other Fidelity plans in Arizona, Delaware, Massachusetts and New Hampshire. It features three age-based options; one using Fidelity Series actively managed funds; one using Fidelity Series index funds; and a third using a combination of the two. The Connecticut plans also offers 11 static options, an option that invests in an interest-bearing deposit account, and a stable value option that invests in a separately managed account that may invest in individual securities or Fidelity mutual funds and investment contracts issued by third-party insurance companies or banks. Prior to February 2021, the plan was managed by TIAA-CREF.
- Program typeSavings
- Inception1997, substantially changed in 2021
- State agencyConnecticut State Treasurer
- Tax deduction
- Program ManagerFidelity Investments
- Program distributorFidelity Brokerage Services, LLC
Principal Plus Interest Option (closed to new accounts 2/8/21)
|Asset Class||% Assets||Category Avg.|
|Short Term Bond||0%||0%|
Fees & Expenses (1 Year)
Total Expense Ratio
Fees vs Performance
Growth of $10,000
Data in "Growth of $10,000" is based on historical annual performance data.
Data as of 12/31/2021.
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Category averages are designed to be a representation of all portfolios with a similar risk profile (represented as a % of equity).