Investment Options

Build Your College Plan Today.

See how much your savings and investments can grow with a tax-free, low-fee Florida 529 Savings Plan.

When your child is 18, your savings could be around

$250,000

50 %

Graph represents estimated savings progress towards
estimated cost of college: $0

Expand to adjust your results

Calculations are for one (1) child

Which Investments Should You Choose?

Florida Prepaid has an investment strategy for you.

SELECT AN INVESTMENT STRATEGY

I prefer that someone else manage the investment.

A professionally designed portfolio that automatically adjusts risk levels, from more aggressive to more conservative, as your child ages.

A smart & easy path to college savings

Professionally designed investment portfolio

Automatically becomes more conservative as your child nears college enrollment

I prefer predesigned portfolios.

The Enrollment Year Portfolio + six portfolios with static investment allocations focused on specific investment objectives.

Choose one or more predesigned and diversified portfolio options

Primarily passive professionally designed static portfolios

Portfolio options available to fit your desired investment strategy (growth, income, blended and enrollment year based)

I prefer to customize my investment strategies.

All portfolios + a wide range of individual fund options across the risk/return spectrum.

Build your own portfolio from a wide variety of investment options

Managed by proven investment managers such as Blackrock, DFA, Eaton Vance and Vanguard

Includes specialty options such as a Social Index Fund

We’ll Handle the Portfolio Customization

The Enrollment Year Portfolio

The Enrollment Year Portfolio automatically adjusts over time so that funds are invested in more conservative assets with less risk and volatility as the student approaches college-age. The Enrollment Year is automatically determined based on your child's age.

NEW LOWER FEES

0.05% - 0.10% (5-10 bps)

BENCHMARK

Weighted on pro-rata share of benchmarks for included Asset Classes

View underlying funds and allocations for the Enrollment Year Portfolio.

Multi-Manager Growth Portfolio

conservative

moderate

aggressive

The portfolio seeks to provide an opportunity for meaningful growth of capital, over a long investment horizon, in diversified active and passive investments.

ANNUAL FEE

0.19% (19 bps)

BENCHMARK

Weighted on pro-rata share of benchmarks for included Asset Classes

Multi-Manager Blended Portfolio

conservative

moderate

aggressive

The portfolio seeks to provide a balance of capital appreciation and current income, in diversified active and passive investments.

ANNUAL FEE

0.13% (13 bps)

BENCHMARK

Weighted on pro-rata share of benchmarks for included Asset Classes

Multi-Manager Income Portfolio

conservative

moderate

aggressive

The portfolio seeks to provide current income, in diversified active and passive investments.

ANNUAL FEE

0.13% (13 bps)

BENCHMARK

Weighted on pro-rata share of benchmarks for included Asset Classes

Passive Growth Portfolio

conservative

moderate

aggressive

The portfolio seeks to provide an opportunity for meaningful growth of capital, over a long investment horizon, in diversified passive investments.

ANNUAL FEE

0.06% (6 bps)

BENCHMARK

Weighted on pro-rata share of benchmarks for included Asset Classes

Passive Blended Portfolio

conservative

moderate

aggressive

The portfolio seeks to provide a balance of capital appreciation and current income, in diversified passive investments.

ANNUAL FEE

0.05% (5 bps)

BENCHMARK

Weighted on pro-rata share of benchmarks for included Asset Classes

Passive Income Portfolio

conservative

moderate

aggressive

The portfolio seeks to provide current income, in diversified passive investments.

ANNUAL FEE

0.06% (6 bps)

BENCHMARK

Weighted on pro-rata share of benchmarks for included Asset Classes

Money Market Fund

conservative

moderate

aggressive

The Fund seeks to provide, in priority order, safety, liquidity and competitive returns with minimization of risks. Short-term, high-quality fixed income securities rated in the highest short-term rating category by one or more nationally recognized rating service, or in comparable securities.

Manager

Florida Prime

Annual Fee

0.04% (4bps)

Benchmark

Merrill Lynch 91 day T Bill

Ticker

Exclusive (Fund not publicly available)

Core Plus Fixed Income Fund

conservative

moderate

aggressive

This Fund is actively managed by Wellington and seeks to provide broad exposure to primarily investment grade fixed income securities plus a restricted allocation to lower credit quality investments such as high-yield and emerging market debt.

Manager

Wellington

Annual Fee

0.22% (22 bps)

Benchmark

Bloomberg Barclays Aggregate

Ticker

Exclusive (Fund not publicly available)

Core Fixed Income Fund

conservative

moderate

aggressive

This Fund invests in the Vanguard Total Bond Market Index. Vanguard seeks to provide current income through investing in high credit quality investments while providing broad exposure to the investment grade segment of the U.S. bond market.

Manager

Vanguard

Annual Fee

0.03% (3 bps)

Benchmark

Bloomberg Barclays Aggregate

Ticker

VBMPX

High Yield Fund

conservative

moderate

aggressive

The Fund is invested in the Vanguard High-Yield Corporate Fund and seeks to provide a high level of current income. The Fund invests primarily in a diversified group of high-yielding, higher-risk corporate bonds with medium- and lower-range credit quality ratings.

Manager

Vanguard

Annual Fee

0.12% (12 bps)

Benchmark

95% Bloomberg Barclays U.S. High-Yield Ba/B 2% Issuer Capped Index and 5% Bloomberg Barclays U.S. 1–5 Year Treasury Bond Index

Ticker

VWEAX

Emerging Markets Index Fund

conservative

moderate

aggressive

The Fund is invested in the Vanguard Emerging Markets Government Bond Index Fund and seeks to track the performance of a benchmark index that measures the investment return of U.S. dollar-denominated bonds issued by governments and government-related issuers in emerging market countries.

Manager

Vanguard

Annual Fee

0.18% (18 bps)

Benchmark

Bloomberg Barclays U.S. Dollar Emerging Markets Government RIC Capped Index

Ticker

VGIVX

Bank Loans Fund

conservative

moderate

aggressive

The Fund is invested in the Eaton Vance Floating Rate Fund and seeks to maintain broad borrower and industry diversification among the Fund’s loans by investing broadly across the floating-rate loan market, providing diversified exposure to the loan market's many sectors, credit tiers and issuers.

Manager

Eaton Vance

Annual Fee

0.77% (77 bps)

Benchmark

S&P/LSTA Leveraged Loan Index

Ticker

EIBLX

Treasury Inflation-Protected Securities (TIPS) Index Fund

conservative

moderate

aggressive

The Fund is invested in the Vanguard Short-Term Inflation-Protected Securities Index Fund and seeks to track the performance of a benchmark index that measures the investment return of inflation-protected public obligations of the U.S. Treasury with remaining maturities of less than 5 years.

Manager

Vanguard

Annual Fee

0.04% (4 bps)

Benchmark

Bloomberg Barclays U.S. 0-5 Year TIPS Index

Ticker

VTSPX

U.S. Broad All Cap Index Fund

conservative

moderate

aggressive

The Fund is invested in the Vanguard Total Stock Market Index Fund and seeks to track the performance of a benchmark index that measures the investment return of the overall stock U.S. market.

Manager

Vanguard

Annual Fee

0.02% (2 bps)

Benchmark

CRSP US Total Market Index

Ticker

VSMPX

U.S. Large Cap Equity Index Fund

conservative

moderate

aggressive

The Fund is invested in the Vanguard Institutional Index Fund and seeks to track the performance of a benchmark index that measures the investment return of large-capitalization stocks.

Manager

Vanguard

Annual Fee

0.02% (2 bps)

Benchmark

S&P 500 Index

Ticker

VIIIX

Small/Mid Cap Equity Index Fund

conservative

moderate

aggressive

The Fund is invested in the Vanguard Extended Market Index Fund and seeks to track the performance of a benchmark index that measures the investment return of small- and mid-capitalization stocks.

Manager

Vanguard

Annual Fee

0.05% (5 bps)

Benchmark

S&P Completion Index

Ticker

VIEIX

Developed International Equity Fund

conservative

moderate

aggressive

The Fund is invested in the Blackrock Advantage International Fund and seeks to invest primarily in non-U.S. equity securities and equity-like instruments of companies that are components of, or have characteristics similar to, the companies included in the MSCI EAFE Index and derivatives that are tied economically to securities of the MSCI EAFE Index.

Manager

Blackrock

Annual Fee

0.45% (45 bps)

Benchmark

MSCI EAFE Index

Ticker

BROKX

Total International Index Fund

conservative

moderate

aggressive

The Fund is invested in the Vanguard Total International Stock Index Fund and seeks to track the performance of a benchmark index that measures the investment return of stocks issued by companies located in developed and emerging markets, excluding the United States.

Manager

Vanguard

Annual Fee

0.08% (8 bps)

Benchmark

FTSE Global All Cap ex US Index

Ticker

VTPSX

Global Equity Fund

conservative

moderate

aggressive

The Fund is invested in the Dimensional Global Equity Fund and seeks to achieve long-term capital appreciation by allocating its assets to underlying funds that invest in domestic and international equity securities such as large capitalization, small capitalization and emerging markets stocks, as well as real estate securities.

Manager

DFA

Annual Fee

0.25% (25 bps)

Benchmark

MSCI All Country World Index

Ticker

DGEIX

Real Estate Index Fund

conservative

moderate

aggressive

The Fund is invested in the Vanguard Real Estate Index Fund and seeks to provide a high level of income and moderate long-term capital appreciation by tracking the performance of a benchmark index that measures the performance of publicly traded equity REITs and other real estate-related investments.

Manager

Vanguard

Annual Fee

0.13% (13 bps)

Benchmark

MSCI US Investable Market Real Estate Index

Ticker

VGSLX

Explore your investment options by selecting from the choices below

COMPARE ALL

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Enrollment Year Options

Multi-Manager Static Options

Passive Static Options

Individual Fund Options

LEGEND

CASH OPTION

FIXED INCOME

EQUITY

SPECIALTY

Are you ready to start saving?

Open a Florida 529 Savings Plan at any time.

Enroll Today Download Investment Options Worksheet

Frequently Asked Investment Questions

How do you determine how much to save?

We offer a Savings Planning Tool that will help you determine how much to save based on your specific scenario and savings goals. When deciding how much to save it’s important to focus on what you can afford. You may want to, but you don’t have to save for everything. A survey by Sallie Mae found that parents expect to pay about 40% of their children’s college costs. One popular approach to saving is to focus on saving for just one category, like tuition and fees.

Are investment returns guaranteed?

No. As with any investment, it is possible to lose money with a Florida 529 Savings Plan. We offer a variety of investment options with ranging risk levels. . The degree of risk varies based on the investment option you select.

Who can open a Florida 529 Savings Plan?

A Florida 529 Savings Plan can be opened by any individual 18 years of age or older that is a U.S. citizen or legal U.S. resident with a valid Social Security number. The child or his/her parent or legal guardian must have been a Florida resident for the past 12 months. You may enroll any time.

Frequently Asked Investment Questions

Who are the investment managers and how are they chosen?

We use a strategic and competitive selection process to identify and contract with professional investment managers. Each investment manager is selected based on numerous factors, including, but not limited to: investment philosophy and strategy, performance history, organizational experience and financial stability. For more information about investment managers, please review the Program Description and Participation Agreement.

What if I want to change my investments?

You may reallocate existing funds up to twice per calendar year. You may select from any of the investment options for new contributions at any time – this is not considered to be one of your two annual reallocations. To reallocate your existing funds or modify the allocation for future contributions, please log in to your account and select the beneficiary (student) account that you would like to update.

What fees apply?

Currently, the Board has approved a 0.00% (0 bps) Administration Fee associated with Florida 529 Savings Plans. There are no adviser fees, sales commissions or annual account fees like those you may find in other plans. The fees listed for each investment option are investment manager fund fees. For more information regarding the underlying investment manager fund fees, please review the Program Description and Participation Agreement.

Frequently Asked Investment Questions

How often can I change my investments?

You may reallocate existing funds up to twice per calendar year. You may select from any of the investment options for new contributions at any time – this is not considered to be one of your two annual reallocations.

What fees apply?

When are my contributions actually invested?

Contributions received and processed before the close of trading on the New York Stock Exchange will be invested the same day. Contributions received and processed after the close of trading on the New York Stock Exchange will be invested on the next business day.