EdVest rated as a top performing plan by Savingforcollege.com
Savingforcollege.com, one of the leading 529 college savings plan reporting sites, continues to recognize EdVest as one of the top 529 plans in the country:
- Elite 5-Cap Rating: EdVest received the highest rating possible – 5 Caps – for Wisconsin residents and an elite 4 1/2 cap rating for investors nationwide.
- Top-Ten Investment Performance: EdVest received a composite performance ranking in the top-ten of all direct-sold 529 plans for the 1-, 3-, and 5-year periods ending March 31, 2009.
- #1 for Age-Based Performance Portfolios: The EdVest plan was recognized as having the top-performing "Age-Based" portfolios for students age 17 or older for the 1- and 3-year timeframes based on annualized returns as of December 31, 2008.
Savingforcollege.com is one of the leading 529 reporting sites providing objective information about 529 college savings plans and other ways to save and pay for college.
The "5-Cap Ratings" as awarded by SavingForCollege.com represents their opinion of the overall usefulness of a state's 529 plan based on the many factors that they feel are important. These ratings are not the result of a fixed formula. Criteria considered when awarding ratings include Flexibility, Liquidity and Availability, Ownership Rights, State Benefits, Investment Approach, and Program Resources.
Savingforcollege.com's exclusive 529 performance rankings, including both direct-sold and advisor-sold plans, show best to worst-performance results and is updated quarterly. The 529 Plan Composite Rankings are based on a comparison of the historical investment performances of a representative selection of each 529 plan's investment options.
The EdVest direct-sold 529 plan was ranked in the top ten performing direct-sold 529 plans based on the weighted average performance of seven asset allocation categories (100% Equity, 80% Equity, 60% Equity, 40% Equity, 20% Equity, 100% Fixed, and 100% Short Term) for the one, three, and five-year periods that ended March 31, 2009. The one-year period included 52 529 plans offered by various states, 42 for the three-year period, and 31 for the five-year period.
The Age-Based Performance rankings included 101 portfolios for the one-year Pre College category, 65 for the three-year Pre College category, 104 for the one-year In College category, and 73 for the three-year In College category.
For more information on the rankings and ratings mentioned go to Savingforcollege.com.