Investment Options

Savings Planning Tool

“Floridians now have access to a well-designed, low-cost college savings program.” — Morningstar, Inc.

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
5% Assumed Rate of Return
1% 20%
Your child is
Institution Type
Monthly Contribution
$
Initial Contribution
$

Calculations are for one (1) child

My child's age is:
My monthly contribution
$

Which Investments Should You Choose?

Florida Prepaid has an investment strategy for you.

SELECT AN INVESTMENT STRATEGY

Intermediate
Professionally-Designed Portfolios
Show Details
Details Below
Advanced
Build Your Own
Show Details
Details Below

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.

handshake illustration

A smart & easy path to college savings

Professionally-designed investment portfolio

Automatically becomes more conservative as your child nears college enrollment

I prefer pre-designed portfolios.

The Age-Based Portfolio + six portfolios with static investment allocations focused on specific investment objectives.

portfolio illustration

Choose one or more predesigned and diversified portfolio options

Both active and passive professionally designed static portfolios

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

I prefer to customize my investment strategies.

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

chart illustration

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 Age-Based Portfolio

age 1 to 16 investment illustration
The portfolio allocates funds based on student age to manage the level of risk/volatility. As the student approaches college-age, funds are invested in more conservative assets, which generally exhibit less risk/volatility.
ANNUAL FEE
0.15-0.20% (15-20 bps)
BENCHMARK
Weighted on pro-rata share of benchmarks for included Asset Classes

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
0.20% (20 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
0.18% (18 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
0.21% (21 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
0.13% (13 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
0.23% (23 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
VTSNX

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
0.28% (28 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
0.12% (12 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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Age-Based Options
Multi-Manager Static Options
Passive Static Options
Individual Fund Options
LEGEND
CASH OPTION
FIXED INCOME
EQUITY
SPECIALTY
piggybank illustration chart illustration money bag illustration

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?
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.
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.

Age-Based Portfolio

The portfolio allocates funds based on student age to manage the level of risk/volatility. As the student approaches college-age, funds are invested in more conservative assets, which generally exhibit less risk/volatility.

Static Portfolios

We offer six static portfolios; the investment allocation of these portfolios is constant over time and will not change based on the age of the student.
LEGEND

Multi-Manager Growth Portfolio

ANNUAL FEE
0.20% (20 bps)
BENCHMARK
Weighted on pro-rata share of benchmarks for included Asset Classes

conservative

moderate

aggressive

Multi-Manager Blended Portfolio

ANNUAL FEE
0.18% (18 bps)
BENCHMARK
Weighted on pro-rata share of benchmarks for included Asset Classes

conservative

moderate

aggressive

Multi-Manager Income Portfolio

ANNUAL FEE
0.21% (21 bps)
BENCHMARK
Weighted on pro-rata share of benchmarks for included Asset Classes

conservative

moderate

aggressive

Passive Growth Portfolio

ANNUAL FEE
0.06% (6 bps)
BENCHMARK
Weighted on pro-rata share of benchmarks for included Asset Classes

conservative

moderate

aggressive

Passive Blended Portfolio

ANNUAL FEE
0.05% (5 bps)
BENCHMARK
Weighted on pro-rata share of benchmarks for included Asset Classes

conservative

moderate

aggressive

Passive Income Portfolio

ANNUAL FEE
0.06% (6 bps)
BENCHMARK
Weighted on pro-rata share of benchmarks for included Asset Classes

conservative

moderate

aggressive

Individual Fund Options

These give you a wide range of options across the risk/return spectrum to diversify your investment and to meet your level of comfort.
LEGEND
CASH OPTION
FIXED INCOME
EQUITY
SPECIALTY

Money Market Fund

Manager
Florida Prime
Annual Fee
0.04% (4bps)
Benchmark
Merrill Lynch 91 day T Bill
Ticker
Exclusive (Fund not publicly available)

conservative

moderate

aggressive

Core Plus Fixed Income Fund

Manager
Wellington
Annual Fee
0.22% (22 bps)
Benchmark
Bloomberg Barclays Aggregate
Ticker
Exclusive (Fund not publicly available)

conservative

moderate

aggressive

Core Fixed Income Fund

Manager
Vanguard
Annual Fee
0.03% (3 bps)
Benchmark
Bloomberg Barclays Aggregate
Ticker
VBMPX

conservative

moderate

aggressive

High Yield Fund

Manager
Vanguard
Annual Fee
0.13% (13 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

conservative

moderate

aggressive

Emerging Markets Index Fund

Manager
Vanguard
Annual Fee
0.23% (23 bps)
Benchmark
Bloomberg Barclays U.S. Dollar Emerging Markets Government RIC Capped Index
Ticker
VGIVX

conservative

moderate

aggressive

Bank Loans Fund

Manager
Eaton Vance
Annual Fee
0.77% (77 bps)
Benchmark
S&P/LSTA Leveraged Loan Index
Ticker
EIBLX

conservative

moderate

aggressive

Treasury Inflation-Protected Securities (TIPS) Index Fund

Manager
Vanguard
Annual Fee
0.04% (4 bps
Benchmark
Bloomberg Barclays U.S. 0-5 Year TIPS Index
Ticker
VTSPX

conservative

moderate

aggressive

U.S. Broad All Cap Index Fund

Manager
Vanguard
Annual Fee
0.02% (2 bps)
Benchmark
CRSP US Total Market Index
Ticker
VSMPX

conservative

moderate

aggressive

U.S. Large Cap Equity Index Fund

Manager
Vanguard
Annual Fee
0.02% (2 bps)
Benchmark
S&P 500 Index
Ticker
VIIIX

conservative

moderate

aggressive

Small/Mid Cap Equity Index Fund

Manager
Vanguard
Annual Fee
0.05% (5 bps)
Benchmark
S&P Completion Index
Ticker
VIEIX

conservative

moderate

aggressive

Developed International Equity Fund

Manager
Blackrock
Annual Fee
0.45% (45 bps)
Benchmark
MSCI EAFE Index
Ticker
BROKX

conservative

moderate

aggressive

Total International Index Fund

Manager
Vanguard
Annual Fee
0.08% (8 bps)
Benchmark
FTSE Global All Cap ex US Index
Ticker
VTSNX

conservative

moderate

aggressive

Global Equity Fund

Manager
DFA
Annual Fee
0.28% (28 bps)
Benchmark
MSCI All Country World Index
Ticker
DGEIX

conservative

moderate

aggressive

Social Index Fund

Manager
Vanguard
Annual Fee
0.14% (14 bps)
Benchmark
FTSE4Good US Select Index
Ticker
VFTAX

Real Estate Index Fund

Manager
Vanguard
Annual Fee
0.12% (12 bps)
Benchmark
MSCI US Investable Market Real Estate Index
Ticker
VGSLX

conservative

moderate

aggressive