Virginia’s college savings plans ranked as some of the best in the nation by Morningstar, which examines diversification, fees, flexibility, and the underlying funds of the plans.
According to the research firm’s recent report, the Virginia Education Savings Trust and Virginia College America funds have low costs and some of the best returns.
“We also consider the direct-sold Virginia Education Savings Trust and Virginia’s advisor-sold CollegeAmerica best in class. The Education Savings Trust offers an appealing collection of stellar active managers and proven index offerings in its age-based option, including Vanguard, Templeton, and Capital Research and Management (aka, the American Funds). It also boasts a collection of single-fund choices that investors can pull together for ample diversification, such as a REIT index, an inflation-protected securities fund, and an international fund.”
Mary G. Morris, executive director of the Virginia College Savings Plan (an independent state agency that manages it), told the Times-Dispatch, “”We have relatively low fees. Our programs have already been marked by flexibility, and then the underlying fund. We had excellent performance. We have some wonderful funds and excellent options across all that range.”
Virginia’s college savings plans ranked as some of the best in the nation by Morningstar, which examines diversification, fees, flexibility, and the underlying funds of the plans.
According to the research firm’s recent report, the Virginia Education Savings Trust and Virginia College America funds have low costs and some of the best returns.
“We also consider the direct-sold Virginia Education Savings Trust and Virginia’s advisor-sold CollegeAmerica best in class. The Education Savings Trust offers an appealing collection of stellar active managers and proven index offerings in its age-based option, including Vanguard, Templeton, and Capital Research and Management (aka, the American Funds). It also boasts a collection of single-fund choices that investors can pull together for ample diversification, such as a REIT index, an inflation-protected securities fund, and an international fund.”
Mary G. Morris, executive director of the Virginia College Savings Plan (an independent state agency that manages it), told the Times-Dispatch, “”We have relatively low fees. Our programs have already been marked by flexibility, and then the underlying fund. We had excellent performance. We have some wonderful funds and excellent options across all that range.”