The Education Plan College Savings Program is managed by Ascensus College Savings and features enrollment-based, index and actively managed static portfolios, and individual fund options from a variety of fund families.
- Program typeSavings
- Inception2000, but changed substantially in 2019
- State agencyEducation Trust Board of New Mexico
- Tax deduction
- Program ManagerAscensus College Savings
- Program distributorAscensus College Savings
Investment Options
Investors in The Education Plan's College Savings Program can select from the following investment options. Click on a portfolio name for more information.
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 |
|---|---|---|---|---|
| 2038-2039 Portfolio | 0.14% | 90% | 36.11% | N/A |
| 2036-2037 Portfolio | 0.14% | 83.33% | 34.86% | N/A |
| 2034-2035 Portfolio | 0.14% | 76.67% | 32.09% | N/A |
| 2032-2033 Portfolio | 0.14% | 70% | 29.22% | N/A |
| 2030-2031 Portfolio | 0.14% | 63.33% | 26.69% | N/A |
| 2028-2029 Portfolio | 0.14% | 55% | 24.21% | N/A |
| 2026-2027 Portfolio | 0.14% | 45% | 20.4% | N/A |
| 2024-2025 Portfolio | 0.14% | 31.67% | 16.03% | N/A |
| 2022-2023 Portfolio | 0.13% | 20% | 11% | N/A |
| 2020-2021 Portfolio (closed 8/27/21) | 0.13% | 10% | 5.51% | N/A |
| Enrollment Portfolio | 0.13% | 10% | 4.7% | N/A |
| 2040-2041 Portfolio | 0.14% | 90% | N/A | N/A |
