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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.
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Fee Scoreix
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- Program typeSavings
- Inception2002
- State agencyFlorida Prepaid College Board
- Tax deduction
- Program ManagerFlorida Prepaid College Board
- Program distributorNot 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.
| Portfolio | E.R | % Equity | 1YR Performance | Rank |
|---|---|---|---|---|
| Age 0-4/14 or More Years to Enrollment | 0.67% | 100% | 12.77% | 17 of 53 |
| Age 5-8/10-13 Years to Enrollment | 0.70% | 75% | 9.17% | 35 of 57 |
| Age 9-12/6-9 Years to Enrollment | 0.71% | 50% | 5.48% | 35 of 100 |
| Age 13-15/3-5 Years to Enrollment | 0.73% | 25% | 1.97% | 42 of 62 |
| Age 16 & above/0-2 Years to Enrollment | 0.75% | 0% | -1.68% | 63 of 63 |
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 | % Equity | 1YR Performance | Rank |
|---|---|---|---|---|
| Blended Equity Portfolio | 0.67% | 100% | 12.77% | 118 of 228 |
| Balanced Portfolio | 0.71% | 50% | 5.5% | 42 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.
| Portfolio | E.R | % Equity | 1YR Performance | Rank |
|---|---|---|---|---|
| Fixed Income Investment Option | 0.75% | 0% | -1.68% | 57 of 68 |
| Money Market Fund | 0% | 0% | 1.85% | 18 of 66 |
| Domestic Equity Index Fund | 0.38% | 100% | 17.29% | 84 of 228 |
| Large Cap Growth Fund | 0.75% | 100% | 28.84% | 6 of 228 |
| Large Cap Value Fund | 0.75% | 100% | 7.96% | 181 of 228 |
| Mid Cap Fund | 0.75% | 100% | 11.87% | 108 of 228 |
| Small Cap Fund | 0.75% | 100% | 7.44% | 180 of 228 |
| International (Developed Markets) Fund | 0.75% | 100% | -0.09% | 220 of 228 |
Use the form below to filter through the investment options in this plan