The Rosen Group
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First National Bank
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Nebraska State Treasurer's Office
NEST 529 Advisor Plan Earns Top-Ten Rankings in Fourth Quarter Report from SavingforCollege.com
Plan Ranked in Top Ten for 1-, 3-, 5-Year Performance
Lincoln, Neb. (April 3, 2018) – The NEST 529 Advisor Plan is ranked in the top ten for one-, three- and five-year performance with sales charges from October 1 through December 31, 2017, according to the Savingforcollege.com Fourth Quarter 2017 Rankings Report.
The plan, managed by First National Bank of Omaha and the Office of Nebraska State Treasurer Don Stenberg, ranked eighth for one-year performance, third for three-year performance and sixth for five-year performance with sales charges in the Fourth Quarter Report. In its Third Quarter 2017 Rankings Report, Savingforcollege.com placed the NEST 529 Advisor Plan in the top ten for one-, three- and five-year performance without sales charges.
Savingforcollege.com, a provider of college savings information and research, assessed 32 of the nation’s largest advisor plans to determine the rankings, which were derived using the average of each plan’s relevant portfolio performance in seven unique asset allocation categories: 100 percent Equity, 80 percent Equity, 60 percent Equity, 40 percent Equity, 20 percent Equity, 100 percent Fixed and 100 percent Short Term.
“At NEST 529, we constantly strive to make our Advisor Plan not only a top investment plan, but also an effective and accessible resource for families across the state and beyond—to reinforce that all families should have the opportunity to achieve their higher education goals,” said Treasurer Stenberg.
“The fact that the Advisor Plan has once again achieved top-ten performance rankings is a testament to our efforts at NEST 529, as well as our dedication to making college dreams a reality for children nationwide,” said Deborah Goodkin, Managing Director, Savings Plans, First National Bank of Omaha. “Alongside the Nebraska Investment Council and the State Treasurer’s Office, we continuously identify strengths and adjustment opportunities, ensuring that our investment portfolios perform well for account owners. Seeing our hard work pay off propels us to reach new heights each quarter.”
About NEST Advisor College Savings Plan
The NEST Advisor College Savings Plan is a tax-advantaged 529 college savings plan and one of four plans in the Nebraska Educational Savings Plan Trust (NEST). The four NEST plans that help make saving for college simple and affordable are: the NEST Direct College Savings Plan, the NEST Advisor College Savings Plan, the TD Ameritrade 529 College Savings Plan, and the State Farm College Savings Plan. The Nebraska State Treasurer serves as Program Trustee. First National Bank of Omaha serves as Program Manager, and all investments are approved by the Nebraska Investment Council. Families nationwide are saving for college using Nebraska’s 529 College Savings Plans, which have more than 254,000 accounts, including 79,000 in Nebraska. Visit NEST529Advisor.com and treasurer.nebraska.gov for more information.
About First National Bank of Omaha
First National Bank of Omaha is a subsidiary of First National of Nebraska. First National of Nebraska is the largest privately owned banking company in the United States. First National and its affiliates have $20 billion in managed assets and 5,000 employee associates. Primary banking offices are located in Nebraska, Colorado, Illinois, Iowa, Kansas, South Dakota and Texas.
Investments Are Not FDIC Insured* - No Bank, State or Federal Guarantee - May Lose Value
*Except the Bank Savings Individual Investment Option