General Information

CollegeBound Saver (Direct-sold) logo

CollegeBound Saver (Direct-sold)

The CollegeBound Saver program is Rhode Island's direct-sold plan open to Rhode Island residents and non-residents. It features a menu of age-based and static portfolio options utilizing Invesco, Vanguard and BlackRock mutual funds along with a stable value option. Accounts can be linked to the Upromise rewards service.

Our Ratingx

4.5 of 5

Fee Scorex

5 of 5
5 of 5


4 of 5
4 of 5

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

Investors in CollegeBound Saver (Direct-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
CollegeBound 2037-2038 Portfolio0.34%75%13.7%N/A
CollegeBound 2039-2040 Portfolio0.34%75%N/AN/A
CollegeBound Today Portfolio0.31%0%2.38%48 of 80
CollegeBound 2021-2022 Portfolio0.31%14%6.46%41 of 78
CollegeBound 2023-2024 Portfolio0.32%25%7.72%15 of 120
CollegeBound 2025-2026 Portfolio0.32%34%8.88%38 of 120
CollegeBound 2027-2028 Portfolio0.32%38%10.1%26 of 70
CollegeBound 2029-2030 Portfolio0.32%44%10.14%41 of 70
CollegeBound 2031-2032 Portfolio0.32%51%10.84%24 of 72
CollegeBound 2033-2034 Portfolio0.33%62%12.01%38 of 72
CollegeBound 2035-2036 Portfolio0.34%71.5%12.79%48 of 72

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
Conservative Growth Portfolio0.37%40%11.19%34 of 39
Moderate Growth Portfolio0.38%60%13.34%39 of 52
Growth Portfolio0.39%78%15.12%38 of 50

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
Global Responsible Equity Portfolio0.44%0%N/AN/A
Stable Value Portfolio0.6%0%1.79%21 of 68
Bond Portfolio0.3%0%N/AN/A
Inflation Protected Bond Portfolio0.29%0%4.75%12 of 18
U.S. Stock Portfolio0.28%100%20.69%59 of 235
Equally-Weighted S&P 500 Portfolio0.41%100%12.51%102 of 235
U.S. Small-Mid Cap Portfolio0.3%100%31.9%155 of 235
International Stock Portfolio0.33%100%11.04%219 of 235
Global Responsible Equity Portfolio0.85%100%12.63%206 of 235
Bond Portfolio0.29%0%7.53%36 of 70

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

Child age

Max Expense Ratio:2.5%