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General Information
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.
Our Ratingix
4.0 of 5
Fee Scoreix
4.5 of 5
Performanceix
1.5 of 5
- Program typeSavings
- Inception1998, substantially changed in 2016.
- State agencyGeneral Treasurer of Rhode Island
- Tax deduction
- Program ManagerAscensus College Savings
- Program distributorInvesco 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.
| Portfolio | E.R.ix | %Â Equity | 1YR Performance | Rank |
|---|---|---|---|---|
| Invesco CollegeBound 2037-2038 Portfolio | 0.84% | 75.32% | -1.54% | N/A |
| Invesco CollegeBound 2039-2040 Portfolio | 0.84% | 75.32% | N/A | N/A |
| Invesco CollegeBound Today Portfolio | 0.8% | 0% | 2.1% | 7 of 33 |
| Invesco CollegeBound 2021-2022 Portfolio | 0.83% | 17.91% | 2.67% | 12 of 27 |
| Invesco CollegeBound 2023-2024 Portfolio | 0.82% | 26.7% | 2.64% | 22 of 27 |
| Invesco CollegeBound 2025-2026 Portfolio | 0.82% | 35.15% | 2.26% | 14 of 38 |
| Invesco CollegeBound 2027-2028 Portfolio | 0.83% | 41.94% | 1.9% | 10 of 26 |
| Invesco CollegeBound 2029-2030 Portfolio | 0.84% | 47.8% | 1.44% | 18 of 26 |
| Invesco CollegeBound 2031-2032 Portfolio | 0.84% | 55.48% | 0.76% | 9 of 21 |
| Invesco CollegeBound 2033-2034 Portfolio | 0.84% | 63.35% | -0.08% | 13 of 21 |
| Invesco CollegeBound 2035-2036 Portfolio | 0.85% | 72.41% | -0.99% | 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.
| Portfolio | E.R.ix | %Â Equity | 1YR Performance | Rank |
|---|---|---|---|---|
| Invesco Conservative College Portfolio | 0.83% | 34.93% | 2.03% | 14 of 23 |
| Invesco Moderate College Portfolio | 0.84% | 62.35% | 0.51% | 27 of 37 |
| Invesco Growth College Portfolio | 0.84% | 86.29% | -2.36% | 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.
| Portfolio | E.R.ix | %Â Equity | 1YR Performance | Rank |
|---|---|---|---|---|
| Invesco Stable Value Portfolio | 0.86% | 0% | 1.82% | 8 of 30 |
| Invesco Short Duration Inflation Protected Portfolio | 0.71% | 0% | 3.12% | 22 of 102 |
| Invesco Core Plus Bond Portfolio | 0.87% | 0% | 8.01% | 82 of 102 |
| Invesco Equally-Weighted S&P 500 Portfolio | 0.58% | 100% | -3.66% | 143 of 321 |
| Invesco Diversified Dividend Portfolio | 0.84% | 100% | -7.83% | 134 of 321 |
| Invesco Equity and Income Portfolio | 0.81% | 60% | -3.55% | 35 of 37 |
| Invesco FTSE RAFI US 1500 Small-Mid Portfolio | 0.81% | 100% | -11.16% | 229 of 321 |
| Invesco Small Cap Growth Portfolio | 1.16% | 100% | 9.05% | 162 of 321 |
| Invesco MSCI World SRI Index Portfolio | 1.02% | 100% | -4.03% | 263 of 321 |
| Invesco International Growth Portfolio | 1.32% | 100% | -2% | 280 of 321 |
| Invesco FTSE RAFI Developed Markets ex-U.S. Portfolio | 0.87% | 100% | -12.04% | 277 of 321 |
Use the form below to filter through the investment options in this plan