General Information

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CollegeBound 529 (Advisor-sold)

Rhode Island's CollegeBound 529 savings program is managed by Ascensus College Savings with Invesco Advisors, Inc. as investment manager. The plan is sold through brokers (unit classes A and C) and registered investment advisors (unit class I). Rhode Island residents purchasing through advisors can use lower-cost classes RA and RZ. The program features a menu of age-based and static portfolio options utilizing Invesco funds. Accounts can be linked to the Upromise rewards service. To find a financial advisor in your area, use the Directory of Financial Professionals.

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  • Program typeSavings
  • Inception1998, substantially changed in 2016.
  • State agency
    General Treasurer of Rhode Island
  • Tax deduction
  • Program Manager
    Ascensus College Savings
  • Program distributor
    Invesco Distributors

Investors in CollegeBound 529 (Advisor-sold) 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.

PortfolioE.R.x% Equity1YR PerformanceRank
Invesco CollegeBound 2037-2038 Portfolio0.84%75.32%9.62%N/A
Invesco CollegeBound 2039-2040 Portfolio0.84%75.32%N/AN/A
Invesco CollegeBound Today Portfolio0.8%0%2.73%7 of 33
Invesco CollegeBound 2021-2022 Portfolio0.83%17.91%5.9%12 of 27
Invesco CollegeBound 2023-2024 Portfolio0.82%26.7%7%22 of 27
Invesco CollegeBound 2025-2026 Portfolio0.82%35.15%7.65%14 of 38
Invesco CollegeBound 2027-2028 Portfolio0.83%41.94%8.21%10 of 26
Invesco CollegeBound 2029-2030 Portfolio0.84%47.8%8.62%18 of 26
Invesco CollegeBound 2031-2032 Portfolio0.84%55.48%8.88%9 of 21
Invesco CollegeBound 2033-2034 Portfolio0.84%63.35%9.21%13 of 21
Invesco CollegeBound 2035-2036 Portfolio0.85%72.41%9.55%15 of 21

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.x% Equity1YR PerformanceRank
Invesco Conservative College Portfolio0.83%34.93%7.76%14 of 23
Invesco Moderate College Portfolio0.84%62.35%10.19%27 of 37
Invesco Growth College Portfolio0.84%86.29%10.12%150 of 321

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.x% Equity1YR PerformanceRank
Invesco Stable Value Portfolio0.86%0%1.52%8 of 30
Invesco Short Duration Inflation Protected Portfolio0.71%0%5.12%22 of 102
Invesco Core Plus Bond Portfolio0.87%0%9.57%82 of 102
Invesco Equally-Weighted S&P 500 Portfolio0.58%100%12.24%143 of 321
Invesco Diversified Dividend Portfolio0.84%100%0.15%134 of 321
Invesco Equity and Income Portfolio0.81%60%9.98%35 of 37
Invesco FTSE RAFI US 1500 Small-Mid Portfolio0.81%100%11.74%229 of 321
Invesco Small Cap Growth Portfolio1.16%100%57.03%162 of 321
Invesco MSCI World SRI Index Portfolio1.02%100%12.45%263 of 321
Invesco International Growth Portfolio1.32%100%13.31%280 of 321
Invesco FTSE RAFI Developed Markets ex-U.S. Portfolio0.87%100%2.08%277 of 321

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

Child age

Max Expense Ratio:2.5%