The Rosen Group
Director of Marketing
First National Bank
Director of Communications
Nebraska State Treasurer's Office
NEST 529 Advisor Plan Maintains High Ranks
Savingforcollege.com Names NEST 529 Among Best Performing Advisor-Sold 529 Plans for First Quarter 2017
Lincoln, Neb. (June 14, 2017) – The NEST 529 Advisor Plan maintained its top ranking in a recently released nationwide analysis by Savingforcollege.com. In the report, which named the best performing advisor-sold 529 plans in first quarter 2017, the NEST 529 Advisor Plan ranked fourth overall for one-year investment performance not including sales charges and second overall for three-year investment performance not including sales charges.
Each quarter, Savingforcollege.com analyzes the investment performance figures for thousands of 529 portfolios and ranks the 529 savings plans from best to worst for one-year investment performance, three-year investment performance, five-year investment performance and ten-year investment performance.
“We are honored that Savingforcollege.com named NEST 529 as one of the top performing advisor-sold plans in the country,” said Nebraska State Treasurer Don Stenberg, Trustee of NEST 529. “Our objective is to provide families with trustworthy, high-performing and cost-efficient college savings plans. We appreciate having our efforts recognized and will continue our pursuit to create positive college savings experiences for our account holders.”
Rankings by the website are derived by a plan’s performance score 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. The NEST 529 Advisor Plan received a performance score of 35.99 in one-year investment performance (fourth overall) and 41.47 in three-year investment performance (second overall). Within each category, portfolios are ranked based on the comparison of the published investment returns.
The NEST 529 Advisor Plan continuously ranks high for several reasons, such as its diversified mix of investments, from 12 fund families, including 8 actively managed funds, 9 ETFs, 2 Index options and an FDIC Insured Bank Savings Option. In addition, the NEST Advisor Plan offers low fees with no annual account fee, no minimums and the ability for an account owner to design his or her own portfolio or choose from Aged-Based or Static Models.
“At NEST 529, we take pride in our Advisor Plan, which surpassed $1 billion in assets earlier this year,” said Deborah Goodkin, Managing Director, Savings Plans, First National Bank of Omaha. “We are thrilled to have that achievement complemented by continual high rankings from Savingforcollege.com. We hope this analysis encourages more families to enroll in our top-performing plan and save for higher education costs.”
NEST is a tax-advantaged 529 college savings plan and provides four plans to help make saving for college simple and affordable: 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 251,000 accounts, including 76,000 in Nebraska. Visit NEST529Advisor.com and treasurer.nebraska.gov for more information.
About First National Bank of Omaha
First National Bank 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 more than $21 billion in 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