New investment options added to the CollegeBound 529 plan
Key takeaways
Updated portfolios with additional options
People can spend less to invest more
Excellent support for financial advisors
The start of a new year is always an excellent time to take a fresh look at your clients’ financial goals and make sure their investment strategies are on track. And this year is an especially good time to talk about the CollegeBound 529 Plan thanks to recent enhancements to our portfolio options.
New funds to help meet the needs of your clients
Over 20 funds have been added to CollegeBound 529 covering a wide variety of asset classes, with both active and passive strategies available.
| Addition of Individual Fund Portfolios: | Funds Added to the Age-Based and Target Risk Portfolios: |
|---|---|
Invesco Core Bond Portfolio |
Invesco S&P 500® Pure Value ETF |
Invesco Fundamental High Yield® Corporate Bond Portfolio |
Invesco PureBetaSM MSCI USA ETF |
Invesco Global Real Estate Income Portfolio |
Invesco Discovery Mid Cap Growth Fund |
Invesco S&P 500® Low Volatility Portfolio |
Invesco Main Street Small Cap Fund |
Invesco American Franchise Portfolio |
Invesco PureBetaSM FTSE Developed ex-North America ETF |
Invesco Oppenheimer International Growth Portfolio |
Invesco Developing Markets Fund |
Invesco Discovery Mid Cap Growth Portfolio |
Invesco Taxable Municipal Bond ETF |
Invesco Main Street Small Cap Portfolio |
Invesco Fundamental High Yield® Corporate Bond ETF |
Invesco Small Cap Value Portfolio |
Invesco International Select Equity Fund |
Invesco Global Focus Portfolio |
|
Invesco Developing Markets Portfolio |
|
Invesco NASDAQ 100 Index Portfolio |
|
Low fees to help maximize your clients’ investment
CollegeBound 529 makes it easier for your clients to invest for less. With low fees and a wide variety of investment options, CollegeBound 529 is a client-friendly option for education savings.
- Low upfront sales charge
- Progressive breakpoint schedule
- Low expense ratios
The maximum sales charge applicable to investments in Class A Units of all Portfolios other than the Invesco CollegeBound Today Portfolio and the Invesco Stable Value Portfolio has been reduced from 4.00% to 3.50%. The initial sales charge applicable to investments in Class A Units of Invesco Stable Value Portfolio has been reduced from 4.00% to 3.00%. The initial sales charge applicable to investments in Class A Units of the Invesco CollegeBound Today Portfolio will remain at 3.00%.
Advisor Support
CollegeBound 529 offers excellent support to financial professionals to help grow and deepen client relations. From helpful online tools to 529 specialists, advisors can give their best to clients with help from Invesco.
- Manage accounts easily with 529 QuickView
- Encourage families to maximize 529 investing with UGift
- Gain insight and strategies from an entire team of 529 specialists
Conclusion
A new year presents a fresh start for many people. Financial professionals can use this time to present their clients with more meaningful investment options. In the spirit of making positive change, advisors can also further their knowledge and deepen customer relationships with help from our resource page for financial professionals.
