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Franklin Templeton 529 College Savings Plan

New Jersey Franklin Templeton 529 College Savings Plan is an advisor-sold 529 savings program managed by Franklin Templeton featuring age-based and static portfolio options utilizing mutual funds and/or ETFs along with a money market option. To find a financial advisor in your area, use the Directory of Financial Professionals.

Our Ratingx

3.5 of 5

Fee Scorex

3.5 of 5

Performancex

2 of 5

  • Program typeSavings
  • Inception2003
  • State agency
    New Jersey Higher Education Student Assistance Authority (HESAA)
  • Tax deduction
  • Program Manager
    Franklin Templeton Distributors, Inc.
  • Program distributor
    Franklin Templeton Distributors, Inc.
  • Manager contract termUNLOCK PRO

Investors in Franklin Templeton 529 College 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.

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% Equity1YR PerformanceRank
Franklin Founding Funds 529 Portfolio1.17%79.75%3.49%33 of 34
Franklin Corefolio 529 Portfolio1.22%99.83%13.55%146 of 308
Franklin Growth Allocation 529 Portfolio1.15%99.68%10.84%175 of 308
Franklin Growth & Income Allocation 529 Portfolio1.09%50.37%5.21%25 of 37
Franklin Income Allocation 529 Portfolio0.98%0%-1.02%32 of 33

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% Equity1YR PerformanceRank
Templeton Growth 529 Portfolio1.27%100%3.1%278 of 308
Franklin Growth 529 Portfolio1.09%100%20.39%70 of 308
Franklin Small-Mid Cap Growth 529 Portfolio1.25%100%19.2%76 of 308
Franklin Mutual Shares 529 Portfolio1.27%100%5.48%296 of 308
S&P 500 Index 529 Portfolio0.54%100%17.22%108 of 308
Franklin Income 529 Portfolio0.95%40%1.84%10 of 19
Franklin Mutual Global Discovery 529 Portfolio1.47%100%2.57%299 of 308
Templeton Global Bond 529 Portfolio1.11%0%-2.51%97 of 98
Franklin U.S. Government Money 529 Portfolio0.35%0%2%12 of 26

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

Child age


Max Expense Ratio:2.5%