2018 performance summary - itppv.com€¦ · 2018 performance summary ... past performance is no...

1

Click here to load reader

Upload: dothu

Post on 04-Jun-2018

212 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: 2018 Performance Summary - itppv.com€¦ · 2018 Performance Summary ... Past performance is no guarantee of future performance. ... the Board's investment consultant,

2018 Performance Summary

For information about your account visit www.myfloridaprepaid.com, "My Account" or call 1-800-552-GRAD (4723).

May 2018(5/01-5/31)

Apr 2018(4/01-4/30)

Mar 2018(3/01-3/31)

2018 First Quarter(1/01 - 3/31)

Portfolio Options

Age 0 - 4 / 14 or More Years to Enrollment 1.17% 0.62% -2.14% -0.66%Age 5 - 8 / 10 -13 Years to Enrollment 1.04% 0.26% -1.50% -0.89%Age 9 - 12 / 6 - 9 Years to Enrollment 0.90% -0.12% -0.74% -1.00%Age 13 - 15 / 3 - 5 Years to Enrollment 0.77% -0.47% -0.14% -1.26%Age 16 & Above / 0 - 2 Years to Enrollment 0.64% -0.82% 0.53% -1.60%Blended Equity Portfolio 1.17% 0.62% -2.14% -0.66%Balanced Portfolio 0.90% -0.12% -0.74% -1.00%

Fund Options

Money Market Fund 0.18% 0.15% 0.17% 0.43%Fixed Income Fund 0.64% -0.82% 0.53% -1.60%Domestic Equity Index Fund 2.36% 0.34% -2.54% -0.84%Large Cap Growth Fund 3.64% 0.63% -2.55% 3.58%Large Cap Value Fund 0.19% 0.20% -2.39% -3.28%Mid Cap Fund 1.15% 1.42% -1.12% -1.50%Small Cap Fund 1.97% -1.93% 0.55% -0.47%International (Developed Markets) Fund -2.20% 2.26% -2.86% -1.86%

1 year return(for period ending

5/31/2018)

3 year return(for period ending

5/31/2018)

5 year return(for period ending

5/31/2018)

Since Inception(for period ending

5/31/2018)Portfolio OptionsAge 0 - 4 / 14 or More Years to Enrollment 13.30% 7.83% 10.72% 8.29%Age 5 - 8 / 10 -13 Years to Enrollment 9.76% 6.42% 8.59% 7.29%Age 9 - 12 / 6 - 9 Years to Enrollment 6.24% 4.78% 6.34% 6.19%Age 13 - 15 / 3 - 5 Years to Enrollment 2.71% 3.02% 3.98% 4.93%Age 16 & Above / 0 - 2 Years to Enrollment -0.87% 1.31% 1.67% 3.54%Blended Equity Portfolio 13.30% 7.83% 10.72% 8.14%Balanced Portfolio 6.24% 4.78% 6.34% 6.23%

Fund Options

Money Market Fund 1.54% 0.94% 0.61% 1.30%Fixed Income Fund -0.87% 1.31% 1.67% 3.57%Domestic Equity Index Fund 13.83% 10.46% 12.33% 12.33%Large Cap Growth Fund 20.87% 9.56% 13.93% 13.93%Large Cap Value Fund 12.23% 7.49% 9.66% 9.66%Mid Cap Fund 14.83% 5.35% 9.79% 9.79%Small Cap Fund 10.41% 8.46% 11.24% 11.24%International (Developed Markets) Fund 6.88% 4.67% 7.04% 7.04%

Under no circumstances is the information contained herein to be used or considered as an offer to sell or a solicitation of an offer to buy a particular investment.

The following table summarizes the investment return for each of the Investment Options, net of administrative fees, offered under the Florida 529 Savings Plan.**

Investment Returns*

Average Annual Returns*

* The investment returns for the Investment Options are provided as general information only and are not intended to provide investment or other advice. Past performance is no guarantee of future performance.** The administrative fees are available in the Program Description and Participation Agreement found on our website.The investment return shown for each Investment Option reflects the composite returns for the institutional portfolios comprising the investment options available to participants in the Florida 529 Savings Plan.Please see the Disclosure Statement and Program Description & Participation Agreement for the Florida 529 Savings Plan dated October 1, 2013.The assets of the Florida 529 Savings Plan are invested by AllianceBernstein, Silvant, Fiduciary Management, Columbia, Florida Prime, PanAgora, The Boston Co. and QMA in accordance with the guidelines.Investment returns shown in the table above were calculated by Callan LLC, the Board's investment consultant, by computing the percentage change in the trust unit value of each Investment Option. The unit values were provided to Callan for computing the investment returns. The investment periods covered for the Investment options are from December 1, 2002 through May 31, 2018. Initial funding for the Plan began in December 2002.