Bright Directions Advisor-Guided 529 College Savings Program

The Illinois Bright Directions Advisor-Guided 529 College Savings Program, sold through brokers and fee-based financial advisors, features an extensive multi-manager platform offering a large number of age-based, static multi-fund, and individual-fund options. In November 2017, the Bright Start Advisor-Sold College Savings Program combined with the Illinois Bright Directions Advisor-Guided 529 College Savings Program. Investments in Bright Start Advisor-Sold College Savings Program accounts were automatically transitioned to the corresponding Bright Directions portfolios. To find a financial advisor in your area, use the Directory of Financial Professionals.

Fee Score

4.5 / 5

Performance

3 / 5
  • Program type
    Savings
  • Inception
    2005
  • State agency
    Illinois State Treasurer
  • Tax deduction
  • Program Manager
    Union Bank & Trust Company of Lincoln, Nebraska
  • Program distributor
    Northern Trust Securities, Inc.

Investment Options

Investors in Bright Directions Advisor-Guided 529 College Savings Program can select from the following investment options. Click on a portfolio name for more information.

Age Based Investment Optionsaccordion open icon

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
Age-Based Conservative: 0-2 years old0.84%80%33.17%10 of 27
Age-Based Conservative: 3-5 years old0.86%70%28.84%10 of 21
Age-Based Conservative: 6-8 years old0.86%60%28.84%24 of 26
Age-Based Conservative: 9-10 years old0.86%50%20.4%6 of 26
Age-Based Conservative: 19 years and older0.68%0%1.01%3 of 33
Age-Based Conservative: 11-12 years old0.84%40%16.38%6 of 38
Age-Based Conservative: 13-14 years old0.83%30%12.7%10 of 27
Age-Based Conservative: 15-16 years old0.8%20%8.57%9 of 36
Age-Based Conservative: 17-18 years old0.75%10%4.9%19 of 33
Moderate
Age-Based Moderate: 0-2 years old0.84%90%37.67%15 of 27
Age-Based Moderate: 3-5 years old0.84%80%33.17%9 of 27
Age-Based Moderate: 6-8 years old0.86%70%28.84%10 of 21
Age-Based Moderate: 9-10 years old0.86%60%24.43%16 of 26
Age-Based Moderate: 11-12 years old0.86%50%20.4%19 of 38
Age-Based Moderate: 13-14 years old0.84%40%16.38%5 of 38
Age-Based Moderate: 15-16 years old0.83%30%12.7%12 of 31
Age-Based Moderate: 17-18 years old0.8%20%8.57%8 of 36
Age-Based Moderate: 19 years and older0.75%10%4.9%18 of 33
Aggressive
Age-Based Aggressive: 0-2 years old0.84%100%41.72%10 of 17
Age-Based Aggressive: 3-5 years old0.84%90%37.67%16 of 27
Age-Based Aggressive: 19 years and older0.8%20%8.57%10 of 36
Age-Based Aggressive: 6-8 years old0.84%80%33.17%13 of 20
Age-Based Aggressive: 9-10 years old0.86%70%28.84%9 of 21
Age-Based Aggressive: 11-12 years old0.86%60%24.43%9 of 18
Age-Based Aggressive: 13-14 years old0.86%50%20.4%18 of 38
Age-Based Aggressive: 15-16 years old0.84%40%16.38%26 of 31
Age-Based Aggressive: 17-18 years old0.83%30%12.7%13 of 31
Static Investment Optionsaccordion close icon
Individual Investment Optionsaccordion close icon
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