IVY INVESTED 529 PLAN OVERVIEW
The Ivy InvestEdSM 529 Plan is a tax-advantaged education savings plan designed to help prepare for future education goals
Performance and low cost
Ivy INVESTED 529 Plan rankings by Savingforcollege.com
(As of Sept. 30, 2019 — Performance rankings among national advisor-sold plans including maximum sales charge)
OUT OF 29 PLANS
OUT OF 27 PLANS
||OUT OF 25 PLANS
10-Year: #8 out of 17 plans. Savingforcollege.com helps individuals and financial advisors understand how to meet the challenge of paying for higher education. It tracks the universe of 529 plans and ranks those plans each quarter.1
According to “Morningstar Names the Best 529 College Savings Plans for 2018,” the Ivy InvestEd 529 Plan was recognized as one of the most improved 529 plans. The rating was based on enhancements implemented in 2017 that included lower fees and smoother glide paths for age-based portfolios.
Our plan offers
- Competitive pricing: Age-based portfolios among the lowest priced when compared with other actively managed advisor-sold plans. The total annual asset based fee for the Ivy InvestEd age-based portfolios range from 0.098 to 0.74%, while the average advisor-sold total annual asset-based fee is 1.06%.2
- Diversification: A wide range of underlying funds within the age-based and static portfolios; individual fund portfolios offer both actively and passively managed funds.3
¹Source: Quarterly 529 plan performance review — Each quarter Savingforcollege.com analyzes the investment performance figures for thousands of 529 portfolios and ranks the 529 savings plans from
best to worst. This analysis describes the movement among plan rankings during the one-, three-, five- and 10-year periods. Savingforcollege.com, 09/30/2019. Rankings include maximum sales load.
The Savingforcollege.com Plan Composite Rankings are derived using the plan’s relevant portfolio performance in seven unique asset allocation categories. The asset allocation categories used are 100%
Equity, 80% Equity, 60% Equity, 40% Equity, 20% Equity, 100% Fixed, and 100% Short Term. The plan composite ranking is determined by the average of its performance score in the seven categories. Plans
sold directly to consumers are ranked separately. ²Source: Morningstar, What’s New With 529 Plans, May 25, 2017. ³Diversification does not ensure a profit or protect against loss in a declining market.
Risk factors: Past performance is not a guarantee of future results. An investment in the Ivy InvestEd 529 Plan is subject to risk. Your investment return and principal value will fluctuate, and your investment, when redeemed, may be worth more or less than your original cost.
Past performance is not a guarantee of future results. Investments into a 529 plan, including the Ivy InvestEd 529 Plan, are not guaranteed, and all investments involve a certain degree of risk. The value of your Ivy InvestEd 529 Plan account will depend upon the performance of the portfolios in which your account is invested and will fluctuate. It is possible that the value of your account may be less than the amount you invested.
Before investing, investors should carefully consider the investment objectives, risks, charges and expenses of the Ivy InvestEd 529 Plan. This and other information is found in the InvestEd Portfolios prospectus, and the Ivy Funds prospectus, the Ivy InvestEd 529 Plan Program Overview, and the InvestEd 529 Plan Account Application. All of these items are available from these links or from a financial advisor. Please read the prospectus carefully before investing.
Before investing, non-residents or tax-payers of states other than Arizona should consider whether the investor's or designated beneficiary's home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors than those offered under the Ivy InvestEdSM 529 Plan. Please consult your tax advisor regarding your personal tax situation.
The Ivy InvestEd 529 Plan and shares of InvestEd Portfolios are offered by Waddell & Reed, Inc. as part of the Arizona Family College Savings Program Trust Fund, a 529 plan administered by the Arizona Commission for Postsecondary Education (the “Program”). Waddell & Reed, Inc. is one of multiple financial Institutions eligible to offer Investments under the Program. Accounts a not insured by the State of Arizona, the Trust, the Arizona Commission for Postsecondary Education, or any other governmental entity, Waddell & Reed, Inc., Ivy Distributors, Inc., or any affiliated or related party, and neither the principal deposited nor the Investment return is guaranteed by any of the referenced parties.
The information provided may include references to concepts that have legal, accounting and tax implications. It is not to be construed as legal, accounting or tax advice, and is provided as general information to assist in the understanding the issues discussed. Neither Waddell & Reed, Inc. nor Ivy Distributors, Inc., nor their associates offer tax, legal, or accounting advice. You may want to consult with your accountant or tax advisor to discuss your personal situation. Investment decisions should always be made based on an investor's specific financial needs, objectives, goals, time horizon and risk tolerance.