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Florida 529 Savings Plan

Florida 529 Savings Plan - Instead of utilizing mutual funds, the Florida Prepaid College Board hires various money management firms to manage the separate investment pools, which are available as either static portfolios or as part of an age-based strategy.

Our Ratingx

3.5 of 5

Fee Scorex

2.5 of 5

Performancex

3 of 5

  • Program typeSavings
  • Inception2002
  • State agency
    Florida Prepaid College Board
  • Tax deduction
  • Program Manager
    Florida Prepaid College Board
  • Program distributor
    Not applicable
  • Manager contract termUNLOCK PRO

Investors in Florida 529 Savings Plan 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.x% Equity1YR PerformanceRank
Age 0-4/14 or More Years to Enrollment0.67%100%-9.31%37 of 55
Age 5-8/10-13 Years to Enrollment0.70%75%-7.29%38 of 53
Age 9-12/6-9 Years to Enrollment0.71%50%-4.99%115 of 120
Age 13-15/3-5 Years to Enrollment0.73%25%-3.01%73 of 78
Age 16 & above/0-2 Years to Enrollment0.75%0%-1.11%2 of 72

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.x% Equity1YR PerformanceRank
Blended Equity Portfolio0.67%100%-9.31%140 of 235
Balanced Portfolio0.71%50%-4.99%36 of 52

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.x% Equity1YR PerformanceRank
Fixed Income Investment Option0.75%0%-1.11%54 of 70
Money Market Fund0%0%2.17%6 of 68
Domestic Equity Index Fund0.38%100%-4.66%35 of 235
Large Cap Growth Fund0.75%100%1.26%5 of 235
Large Cap Value Fund0.75%100%-13.99%198 of 235
Mid Cap Fund0.75%100%-16.98%228 of 235
Small Cap Fund0.75%100%-11.23%176 of 235
International (Developed Markets) Fund0.75%100%-15.77%225 of 235

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

Child age


Max Expense Ratio:2.5%