The annualized expense ratios for each of the Education Strategies Portfolios is based on each Portfolio’s total estimated operating expenses, plus a weighted average of the expense ratios, for the Mutual Funds in which it invests. Each Education Strategies Portfolio’s actual expenses may be higher or lower depending on its own actual operating expenses, its allocation percentages among various Mutual Funds (for the Age-Based and Fixed Allocation Portfolios), and the actual expenses of the underlying Mutual Funds, each of which is likely to change over time.
The performance shown represents past performance and does not guarantee future results. Current performance may be lower or higher than the performance information shown. Portfolio returns reflect reinvestment of dividends and/or capital gains distributions in additional shares.
Portfolio returns are annualized for periods longer than one year. The net asset value (NAV) price is the value of one share of the Portfolio as of the date listed. The NAV does not take into account any initial sales charges that may apply when shares are purchased or redemption charges; if these sales charges were reflected, the Portfolio's quoted performance would be lower. The NAV change is the change in value of one share of the Portfolio from the prior day's value. Year-to-date (YTD) returns are at NAV as of the date listed.
Sales Charges: 1-, 3-, 5- and 10-year and since inception returns include fees, expenses and reinvested distributions and payment of the maximum initial sales charge or contingent redemption charge. The maximum initial sales charge applicable to Alternative A (Class A) shares is 4.25%. The redemption charge applicable to Alternative B (Class B) shares varies according to the number of years from the time a contribution was made until the withdrawal as follows: 4% year 1; 3% year 2; 2% year 3; 1% year 4; 0% year 5 or later. The redemption charge applicable to Alternative C (Class C) shares is 1% for the first year after a contribution is made. The maximum initial sales charge to Alternative RZ (Class RZ) shares is 4.00%.
If you are invested in an Age-Based Portfolio, please refer to the performance for the portfolio that corresponds with the date of birth of the beneficiary.
The investment return and principal value of an investment in a Portfolio will fluctuate as the prices of the individual securities in which it invests fluctuate, so that shares, when redeemed, may be worth more or less than their original cost. You should consider the investment objectives, risks, charges and expenses of the Portfolios carefully before investing. For a free copy of the Program Description, which contains this and other information, visit the Literature and Forms section to view or download the Program Description, or call your financial advisor or AllianceBernstein at (888) 324-5057. Please read the Program Description carefully before you invest.
Special note: The share class designation for accounts established prior to February 8, 2002 as well as certain accounts established after February 8, 2002 has changed. These "old" A, B and C share classes have been renamed AX, BX and CX, respectively. Please refer to your most recent account statement or contact CollegeBoundfund at (888) 324-5057 to determine which class of shares you own.
The investments in CollegeBoundfund are not guaranteed by the State of Rhode Island, the Rhode Island Higher Education Assistance Authority, the State Investment Commission, or any instrumentality thereof.
Investors should consider many factors before deciding which 529 plan is most appropriate. Some of these include: the Plan's investment options and the historical investment performance of these options, the Plan's flexibility and features, the reputation and expertise of the Plan's investment manager, Plan contribution limits and the federal and state tax benefits associated with an investment in the Plan. Some states, for example, offer favorable tax treatment and other benefits to their residents only if they invest in the state's own Qualified Tuition Program. Investors should consult with their financial and tax advisor before investing in any 529 plan or contact their state tax division for more information.