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“Top 10” Investment Options In Ohio’s Direct 529 Plan

Whether you’re thinking of opening a CollegeAdvantage Direct 529 Plan or want to review the 529 savings options in which you’re currently invested, CollegeAdvantage is your plan, your way. The Direct Plan from Ohio’s 529 Savings Program offers a diverse range of investment options from which you can create your college-savings strategy. These 529 saving options include ready-made age-based portfolios, ready-made risk-based portfolios, individual investment options, and FDIC-insured banking options, all provided from our partners and leading investment managers — Vanguard, Dimensional Fund Advisors, and Fifth Third Bank.

Which investment options are the most popular with Direct Plan account owners? We’ve gathered that data into a “Top 10” list so you can see which ones hold the largest balances of customer’s Direct Plan accounts.

Top 10 investments options in Ohio’s 529 Plan

The top 10 investment options with the highest value of assets under management (fund balances in millions, as of June 30, 2017) are:

  1. Vanguard Aggressive Age-Based Portfolio (ready-made age-based portfolio), $1,118.83
  2. Vanguard Moderate Age-Based Portfolio (ready-made age-based portfolio), $692.30
  3. Advantage Age-Based Portfolio (ready-made age-based portfolio), $584.86
  4. Vanguard 500 Index Option (individual investment option), $513.72
  5. Vanguard Aggressive Growth Index Portfolio (ready-made risk-based portfolio), $410.98
  6. Vanguard Growth Index Portfolio (ready-made risk-based portfolio), $255.18
  7. Vanguard Extended Market Index Option (individual investment option), $223.76
  8. Vanguard Wellington Option (individual investment option), $214.36
  9. Vanguard Moderate Growth Index Portfolio (ready-made risk-based portfolio), $182.45
  10. Fifth Third Savings Account (FDIC-insured bank option), $159.91

 

The total balance of the 24 investment options offered in the CollegeAdvantage Direct Plan as of June 30, 2017, was $5.348 billion, an increase of 15.6% over the prior year (June 30, 2016).

A 529 college savings plan is an excellent alternative to student loan debt. If you’re ready to start saving for your child’s future college costs, go online to open an account after reviewing the investment options' performance. If you already have a 529 plan, it might be time to re-examine your college-savings goals, perform account maintenance, or make an asset exchange.

CollegeAdvantage is your plan, your way.

Please Note:

CollegeAdvantage is a 529 college savings plan offered and administered by the Ohio Tuition Trust Authority, an office within the Ohio Department of Higher Education. Before investing, please read the Offering Statement and all Supplements carefully and consider risks, fees, your investment objectives, and other relevant factors, before investing. If you are not a taxpayer in the State of Ohio, you should consider whether your home state offers any state tax or other benefits for investing in its 529 Plan. Other than the Fifth Third Investment Options (Banking Options), money contributed to an Account is not a bank deposit and is not insured by the FDIC or guaranteed in any way. Except for contributions invested in Banking Options, participants assume all investment risk related to the CollegeAdvantage Direct Plan, including the potential loss of Principal. Contributions invested in Banking Options are an obligation of Fifth Third Bank and are insured by the FDIC, subject to certain limitations. 

Posted on July 31, 2017

Ohio Tuition Trust Authority

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