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MI 529 Advisor Plan
MI 529 Advisor Plan, managed by TIAA-CREF Tuition Financing, Inc., features age-based, asset-allocation, and individual-fund portfolios using funds from ten investment managers. To find a financial advisor in your area, use the Directory of Financial Professionals.
Our Ratingix
Fee Scoreix
Performanceix
- Program typeSavings
- Inception2009
- State agencyMichigan Department of Treasury
- Tax deduction
- Program ManagerTIAA-CREF Tuition Financing, Inc.
- Program distributorNuveen Securities, LLC
- Manager contract termUNLOCK PRO
Investors in MI 529 Advisor 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.ix | % Equity | 1YR Performance | Rank |
|---|---|---|---|---|
| Age-Based 0-4 | 1.09% | 78.6% | -7.47% | 11 of 27 |
| Age-Based 5-8 | 1.09% | 68.77% | -6.85% | 13 of 21 |
| Age-Based 9-10 | 1.07% | 58.95% | -6.14% | 22 of 26 |
| Age-Based 11-12 | 1.02% | 49.12% | -5.02% | 31 of 38 |
| Age-Based 13-14 | 0.99% | 39.3% | -4.08% | 13 of 38 |
| Age-Based 15 | 0.94% | 29.47% | -3.33% | 20 of 27 |
| Age-Based 16 | 0.89% | 24.56% | -2.65% | 19 of 31 |
| Age-Based 17 | 0.83% | 19.65% | -1.77% | 24 of 36 |
| Age-Based 18+ | 0.79% | 14.73% | -1.09% | 7 of 36 |
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 |
|---|---|---|---|---|
| Nuveen Alternative Income Portfolio | 1.28% | 24.75% | -3.86% | 17 of 23 |
| Conservative Allocation | 0.79% | 14.73% | -1.09% | 23 of 34 |
| Capital Appreciation | 1.84% | 78.6% | -8.15% | 32 of 36 |
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 |
|---|---|---|---|---|
| TIAA Large Cap U.S. Equity Index | 0.68% | 100% | -4.95% | 66 of 321 |
| Santa Barbara Dividend Growth Portfolio | 1.27% | 100% | -4.6% | 54 of 321 |
| TIAA Large Cap Value Portfolio | 1.02% | 100% | -14.57% | 264 of 321 |
| Harbor Capital Appreciation Portfolio | 1.2% | 100% | -1.59% | 27 of 321 |
| TIAA U.S. Small Cap Portfolio | 1.03% | 100% | -12.55% | 240 of 321 |
| Harding Loevner Global Equity | 1.52% | 100% | -10.97% | 216 of 321 |
| Oakmark International | 1.39% | 100% | -23.88% | 321 of 321 |
| DFA Emerging Markets Portfolio | 1.15% | 100% | -15.67% | 287 of 321 |
| MetWest Total Return Bond Portfolio | 1% | 0% | -0.3% | 28 of 102 |
| Nuveen Strategic Income | 1.13% | 0% | -3.59% | 90 of 102 |
| Nuveen Inflation-Linked Portfolio | 0.91% | 0% | -1.79% | 62 of 102 |
| TIAA Social Choice Equity Portfolio | 0.8% | 100% | -5.71% | 92 of 321 |
| TIAA Social Choice Bond Portfolio | 1.02% | 0% | -0.4% | 30 of 102 |
| Nuveen Real Asset Income Portfolio | 1.43% | 75% | -6.64% | 19 of 36 |
| Principal Plus Interest Portfolio | 0% | 0% | 1.89% | 1 of 30 |
| Ariel Portfolio | 1.33% | 100% | -13.93% | 253 of 321 |
Use the form below to filter through the investment options in this plan