The manager for the Alabama CollegeCounts 529 Fund direct-sold savings program changed from Van Kampen to Union Bank and Trust Company in August 2010. It features age-based, static and individual fund portfolio options using mutual funds from multiple fund firms.
- Program typeSavings
- Inception2002, but substantially changed in August 2010.
- State agencyBoard of Trustees of CollegeCounts 529 Fund, chaired by the State Treasurer
- Tax deduction
- Program ManagerUBT 529 Services, a division of Union Bank & Trust Company
- Program distributorUnion Bank
Investment Options
Investors in CollegeCounts 529 Fund can select from the following investment options. Click on a portfolio name for more information.
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. | %Â Equity | 1YR Performance | |
|---|---|---|---|---|
| Conservative | ||||
| Age-Based Conservative: Ages 0-2 | 0.22% | 80% | 18.36% | |
| Age-Based Conservative: Ages 13-14 | 0.22% | 30% | 10.68% | |
| Age-Based Conservative: Ages 17-18 | 0.23% | 10% | 7.09% | |
| Age-Based Conservative: Ages 19+ | 0.24% | 0% | 4.85% | |
| Age-Based Conservative: Ages 9-10 | 0.22% | 50% | 13.83% | |
| Age-Based Conservative: Ages 3-5 | 0.22% | 70% | 17.01% | |
| Age-Based Conservative: Ages 6-8 | 0.22% | 60% | 15.45% | |
| Age-Based Conservative: Ages 11-12 | 0.22% | 40% | 12.36% | |
| Age-Based Conservative: Ages 15-16 | 0.23% | 20% | 8.88% | |
| Moderate | ||||
| Age-Based Moderate: Ages 0-2 | 0.21% | 90% | 19.64% | |
| Age-Based Moderate: Ages 13-14 | 0.22% | 40% | 12.36% | |
| Age-Based Moderate: Ages 17-18 | 0.23% | 20% | 8.88% | |
| Age-Based Moderate: Ages 19+ | 0.23% | 10% | 7.09% | |
| Age-Based Moderate: Ages 9-10 | 0.22% | 60% | 15.45% | |
| Age-Based Moderate: Ages 3-5 | 0.22% | 80% | 18.36% | |
| Age-Based Moderate: Ages 6-8 | 0.22% | 70% | 17.01% | |
| Age-Based Moderate: Ages 11-12 | 0.22% | 50% | 13.83% | |
| Age-Based Moderate: Ages 15-16 | 0.22% | 30% | 10.68% | |
| Aggressive | ||||
| Age-Based Aggressive: Ages 0-2 | 0.21% | 100% | 21.02% | |
| Age-Based Aggressive: Ages 13-14 | 0.22% | 50% | 13.83% | |
| Age-Based Aggressive: Ages 17-18 | 0.22% | 30% | 10.68% | |
| Age-Based Aggressive: Ages 19+ | 0.23% | 20% | 8.88% | |
| Age-Based Aggressive: Ages 9-10 | 0.22% | 70% | 17.01% | |
| Age-Based Aggressive: Ages 3-5 | 0.21% | 90% | 19.64% | |
| Age-Based Aggressive: Ages 6-8 | 0.22% | 80% | 18.36% | |
| Age-Based Aggressive: Ages 11-12 | 0.22% | 60% | 15.45% | |
| Age-Based Aggressive: Ages 15-16 | 0.22% | 40% | 12.36% | |
