CollegeInvest Stable Value Plus
We've partnered with Metropolitan Life Insurance Company of Connecticut (MetLife) to offer you a guaranteed fixed-income 529 college savings option designed to:
Protect your principal investment
Provide a minimum rate of return
Provide earnings that could be greater than the minimum
MetLife provides a guarantee to the Stable Value Plus College Savings Plan to protect the principal investment and provide a minimum rate of return with earnings that could be greater than the minimum rate of return.
The current annual rate of return for calendar year 2014 is 2.64% net of all fees.
The rate of return is reset each year by MetLife and will not go below a minimum of 2%. The minimum rate of return of 2% is prior to any fees or charges payable to CollegeInvest, including an annual administrative fee which is currently 0.71%.
CollegeInvest posts the new annual rate of return each December at collegeinvest.org.
Financial Strength Ratings
The following Financial Strength Ratings represent the opinions of rating agencies regarding the financial ability of MetLife to meet its obligations under its insurance policies.
* Source: savingforcollege.com, September 2013.
The Stable Value Plus Plan received a 4-1/2 Cap Rating for Colorado residents. A 4-1/2 Cap Ratings represents the attractiveness of a 529 plan, relative to all other 529 plans, by assigning an overall rating to each 529 program ranging from 1 Cap (least attractive) to 5 Caps (most attractive). 5-Cap Ratings represent an assessment based on many considerations such as flexibility, liquidity and availability, ownership rights, state benefits, investment approach and safety, program resources and financial aid impact. It is not strictly a measure of historical returns, and it is not a predictor of future investment performance, level of investment risk or financial solvency of the program funds. These ratings are not the result of a fixed formula and a significant portion of the analysis is subjective.
Before establishing a 529 account and making contributions, it is imperative that investors read and understand all enrollment materials and disclosures from the programs.
To learn about CollegeInvest's Stable Value Plus College Savings Plan, its objectives, risks, charges, expenses, limitations, restrictions, and qualifications regarding the Plan's benefits and potential tax advantages, please read and carefully consider the Plan Disclosure Statement (PDS). Also, check with your or your beneficiary's home state to learn if it offers tax or other benefits for investing in its own plan. Administered and issued by CollegeInvest.
Investments in CollegeInvest Plans are not guaranteed by the State of Colorado, CollegeInvest, or any other governmental entity and may lose value, including the principal amount invested.
CollegeInvest and the CollegeInvest logo are registered trademarks.