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Achieve Montana
The Montana Family Education Savings Program -- Investment Plan was renamed Achieve Montana with a new suite of investments added in October 2015. Ascensus College Savings continues to serve as program manager for this direct-sold plan. Five investment options are offered featuring Vanguard and DFA funds as underlying investments and an FDIC-insured savings option is also available. Accounts can be linked to the Upromise rewards service.
Our Ratingix
Fee Scoreix
Performanceix
- Program typeSavings
- Inception2002, but substantially changed in December 2010 and October 2015.
- State agencyMontana Board of Regents of Higher Education
- Tax deductionTax deduction for single filers $3,000/yrTax deduction for joint filers $6,000/yr
- Program ManagerAscensus College Savings, with The Vanguard Group and Dimensional Fund Advisors LP as investment managers.
- Program distributorAscensus College Savings
- Manager contract termUNLOCK PRO
Investors in Achieve Montana 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-Based Option: Age 0-4 | 0.8% | 100% | 8.89% | 51 of 53 |
| Age-Based Option: Age 5-10 | 0.80% | 88% | 7.72% | 42 of 57 |
| Age-Based Option: Age 11-14 | 0.80% | 65% | 5.59% | 35 of 43 |
| Age-Based Option: Age 15-17 | 0.83% | 30% | 2.6% | 63 of 80 |
| Age-Based Option: Age 18+ | 0.83% | 0% | 0.3% | 75 of 81 |
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 |
|---|---|---|---|---|
| Income Portfolio | 0.83% | 0% | 0.3% | 60 of 68 |
| Aggressive Portfolio | 0.8% | 100% | 8.89% | 168 of 228 |
| Growth Portfolio | 0.80% | 88% | 7.72% | 179 of 228 |
| Moderate Portfolio | 0.80% | 65% | 5.59% | 51 of 52 |
| Conservative Portfolio | 0.83% | 30% | 2.6% | 28 of 38 |
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 |
|---|
Use the form below to filter through the investment options in this plan