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Monday, August 5, 2002

529 Buffet

by: Tony Pennino

Schoolhouse Capital, Evergreen Investments, Prudential Financial, and AIG SunAmerica -- all partners in the Arrive Education Savings Plan sponsored by New Mexico -- have launched Individual Mutual Fund portfolios. There are 14 such investment options now available to clients through this plan bringing the total number of options to 23.

Investment offerings are available from members of the partnership as well as the following firms:
  • Jennison Associates,
  • Marsico Capital Management,
  • Harris Associates/Oakmark Funds,
  • Janus Capital Management,
  • Thornburg Investment Management,
  • Credit Suisse Asset Management,
  • Pilgrim Baxter & Associates,
  • Bank of Ireland Asset Management,
  • and State Street Global Advisors.
Schoolhouse is a unit of State Street. The investment options run the gamut from large-cap growth to fixed income.

"Arrive’s broad range of investment choice enables clients to create a personalized savings plans suitable to their own tolerance for risk and time horizon. In addition, plan investment earnings can grow on a tax-advantaged basis further enabling investors to combat the rising cost of higher education," stated Bill Ennis, president and ceo of Evergreen Investments.

For more information about the offering, you can follow this link

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