Quarterly Portfolio Price and Performance
Our Prices & Performance page offers you up-to-date access on how your investments are performing. The following table is updated daily and monthly to show Portfolio performance.
|Age-Based as of June 30, 2023||APY||YTD Returns at NAV as of 6/30/2023||Average Annual Total Returnsas of 6/30/2023||Expense RatioFootnote 1||Max Sales Charge||Inception Date|
|1 Yr||3 Yrs||5 Yrs||10 Yrs||Since InceptionFootnote 2|
|Static as of June 30, 2023||APY||YTD Returns at NAV as of 6/30/2023||Average Annual Total Returnsas of 6/30/2023||Expense RatioFootnote 1||Max Sales Charge||Inception Date|
|1 Yr||3 Yrs||5 Yrs||10 Yrs||Since InceptionFootnote 2|
|All Equity Static||-||9.89%||11.80%||10.14%||-||-||7.37%||0.47%||3.50%||8/3/18|
|Moderate Growth Static||-||5.71%||5.89%||4.88%||-||-||4.86%||0.47%||3.50%||8/3/18|
|Money Market StaticFootnote 3||-||2.30%||3.60%||1.22%||-||-||1.31%||0.35%||-||8/3/18|
|Bank Savings StaticFootnote 4||5.53%||2.40%||3.79%||1.51%||-||-||1.35%||0.17%||-||8/3/18|
1Expense ratio information includes the weighted average operating expense ratio, program management fee, State administration fee, and distribution and marketing fee.
2Since Inception returns for less than one year are not annualized.
3You could lose money by investing in this Investment Option. Although the money market fund in which your Investment Option invests (the underlying fund) seeks to preserve the value at $1.00 per share, it cannot guarantee it will do so. An investment in this Investment Option is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The sponsor has no legal obligation to provide financial support to the underlying fund, and you should not expect that the sponsor will provide financial support to the underlying fund at any time.
4The underlying omnibus bank accounts annual percentage yield is 5.53% as of August 1, 2023. This rate is variable and subject to change at any time. There is no minimum balance required to obtain this rate. Interest earnings realized by participants will be reduced by the program management fee and state administrative fee.
5Total Returns calculated without Up-Front Sales Load
6Total Returns calculated with maximum Up-Front Sales Load of 3.50%. No Up-Front Sales Load applies to the Money Market Static Investment Option and Bank Savings Static Investment Option.
The performance data shown represents past performance. Past performance – especially short-term performance – is not a guarantee of future results. Performance information is current as of the most recent timeframe referenced above and is net of the weighted average operating expense ratio of the underlying fund, program management fee and the state administrative fee. Investment returns and principal value will fluctuate, so that investors’ units, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data cited.
The State Farm 529 Savings Plan (the “Plan”) is sponsored by the State of Nebraska, administered by the Nebraska State Treasurer, as Trustee, and the Nebraska Investment Council provides investment oversight. Union Bank and Trust Company serves as program manager and Northern Trust Securities, Inc. serves as distributor. State Farm VP Management Corp. is selling dealer. The Plan offers a series of Investment Options within the Nebraska Educational Savings Plan Trust (the “Trust”) which offers other Investment Options not affiliated with the Plan. The Plan is intended to operate as a qualified tuition program to be used only to save for qualified education expenses, pursuant to Section 529 of the U.S. Internal Revenue Code.
An investor should consider the Plan’s investment objectives, risks, charges and expenses before investing. The Program Disclosure Statement at StateFarm.com which contains more information, should be read carefully before investing.
Investors should consider before investing whether their or their beneficiary’s home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in such state’s qualified tuition program and should consult their tax advisor, attorney and/or other advisor regarding their specific legal, investment or tax situation.
Investing involves risk, including potential for loss.
Participation in the Plan does not guarantee that contributions and the investment return on contributions, if any, will be adequate to cover future tuition and other higher education expenses, or that a beneficiary will be admitted to or permitted to continue to attend an eligible educational institution.
This material is provided for general and educational purposes only and is not intended to provide legal, tax or investment advice, or for use to avoid penalties that may be imposed under U.S. federal tax laws. This material is not an offer to sell or a solicitation of an offer to buy any securities. Any offer to sell units within the Plan may only be made by the Program Disclosure Statement and Participation Agreement relating to the Plan.
Except for the Bank Savings Static Investment Option, investments in the State Farm 529 Savings Plan are not guaranteed or insured by the FDIC or any other government agency and are not deposits or other obligations of any depository institution. Investments are not guaranteed or insured by the State of Nebraska, the Nebraska State Treasurer, the Nebraska Investment Council, State Farm VP Management Corp, the Distributor, or the Program Manager or its authorized agents or their affiliates, and are subject to investment risks, including loss of the principal amount invested. FDIC insurance is provided for the Bank Savings Investment Option up to the maximum amount set by federal law, currently $250,000.
Nebraska Educational Savings Plan Trust Issuer
Nebraska State Treasurer Trustee
Nebraska Investment Council Investment Oversight
Union Bank and Trust Company Program Manager
Northern Trust Securities, Inc. Distributor
State Farm VP Management Corp. Selling Dealer
Securities are not FDIC insured, are not bank guaranteed and are subject to investment risk, including possible loss of principal.