529 News

Maryland College Investment Plan renews program manager contract with T. Rowe Price

(December 5, 2014) - The Maryland College Investment Plan has renewed its contract with T. Rowe Price, extending the program manager's term through July 1, 2017. As part of the renewal, a reduction in the program management fee has been announced that will go into effect on January 1, 2015. The fee will be reduced from 0.20% to 0.13% for all portfolios except the Global Equity Market Index Portfolio, which will drop to 0.11%.

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