The website, which is devoted to researching state sponsored 529 college savings plans around the country, once again ranked Ivy Funds InvestEd 529 Plan among the top-performing advisor-sold plans, over the latest one-year and three-year periods. The largest 529 plan sponsored by
Each quarter, www.savingforcollege.com analyzes the investment performance figures for hundreds of 529 portfolios and ranks advisor-sold 529 savings plans from best to worst for investment performance over multiple time periods.
“The Ivy Funds InvestEd 529 Plan has performed consistently well and has remained an attractive college savings option for families. The popularity of the InvestEd plan is evident because it holds 60% of the college savings dollars in the Arizona Family College Savings Program,” said Dr.
The percentile scores are derived from an average of representative portfolios, which savingforcollege.com selected to better compare plans equitably. The website selected specific portfolios from each 529 plan, or hundreds of investments, that can be compared on an apples-to-apples basis to portfolios in other 529 plans based on their allocation among stocks, bonds, and short-term instruments (money market and guaranteed investments). They set up seven different asset-allocation categories ranging from 100% equity to 100% fixed-income. Rankings include maximum sales charges. The Ivy Funds InvestEd 529 Plan ranked 10th out of 22 plans for the five-year period ended
The Ivy Funds InvestEd 529 Plan includes three actively managed age-based or static portfolios and 16 individual portfolios. The age-based and static portfolios are actively managed fund of funds. The underlying investments are from Waddell & Reed Advisors Funds. The individual portfolios are actively managed portfolios from Ivy Funds. For more information about the Ivy Funds InvestEd 529 Plan or 529 plans in general, contact your local financial advisor or visit www.invested529.com.
Ivy Funds and Waddell & Reed Advisors Funds again both turned in a strong showing in the latest Barron’s ranking of the “Best Mutual Fund Families,” published
Barron’s rankings (published
The Ivy Funds InvestEd 529 Plan is offered by
Investors should consider the investment objectives, risks, charges and expenses associated with the Ivy Funds InvestEd 529 Plan carefully before investing. This and other information is found in the Ivy Funds InvestEd 529 Plan Program Overview, the Ivy Funds InvestEd 529 Plan Account Application, and the prospectuses, or if available, summary prospectuses, all of which can be obtained from your financial advisor. Please read these materials carefully before investing. An investor should also consider, before investing, whether the investor’s or designated beneficiary’s home state offers any state tax or other benefits that are only available for investments in such state’s 529 college savings plan.
Investment return and principal value will fluctuate, and it is possible to lose money by investing. Past performance is not a guarantee of future results. Investors should consider the investment objectives, risks, charges and expenses of a fund carefully before investing. For a prospectus, or if available, a summary prospectus, containing this and other information for a fund, call your financial advisor or visit www.ivyfunds.com or www.waddell.com. Please read the prospectus or summary prospectus carefully before investing.
Ivy Funds and Waddell & Reed Advisors Funds are distributed by
VP, Director of Communications
Source: Ivy Funds