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.

Fee Score

4.5 / 5

Performance

3 / 5
  • Program type
    Savings
  • Inception
    1998, substantially changed in 2016.
  • State agency
    General Treasurer of Rhode Island
  • Tax deduction
  • Program Manager
    Ascensus College Savings
  • Program distributor
    Invesco Distributors

Investment Options

Investors in CollegeBound 529 (Advisor-sold) can select from the following investment options. Click on a portfolio name for more information.

Age Based Investment Optionsaccordion open icon

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.% Equity1YR PerformanceRank
Invesco CollegeBound 2037-2038 Portfolio0.85%75.32%30.27%N/A
Invesco CollegeBound 2039-2040 Portfolio0.85%75.32%30.48%N/A
Invesco CollegeBound Today Portfolio0.79%0%2.71%7 of 33
Invesco CollegeBound 2021-2022 Portfolio0.82%17.91%9.01%12 of 27
Invesco CollegeBound 2023-2024 Portfolio0.82%26.7%11.58%22 of 27
Invesco CollegeBound 2025-2026 Portfolio0.82%35.15%14.23%14 of 38
Invesco CollegeBound 2027-2028 Portfolio0.82%41.94%16.58%10 of 26
Invesco CollegeBound 2029-2030 Portfolio0.83%47.8%18.74%18 of 26
Invesco CollegeBound 2031-2032 Portfolio0.84%55.48%21.48%9 of 21
Invesco CollegeBound 2033-2034 Portfolio0.84%63.35%24.73%13 of 21
Invesco CollegeBound 2035-2036 Portfolio0.85%72.41%28.26%15 of 21
Static Investment Optionsaccordion close icon
Individual Investment Optionsaccordion close icon
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