Future Path 529 - College 2042 Portfolio Fund (FPBEX)
| Fund Assets | n/a |
| Expense Ratio | n/a |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 15.13 |
| YTD Return | 1.95% |
| 1-Year Return | 14.77% |
| 5-Year Return | n/a |
| 52-Week Low | 11.80 |
| 52-Week High | 15.21 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About FPBEX
Future Path 529 College 2042 Portfolio C is an age-based portfolio within the Nevada-administered Future Path 529 College Savings Plan. Designed specifically for beneficiaries targeting college enrollment around the year 2042, the portfolio serves as a long-term investment vehicle for education savings. It primarily aims to help families accumulate assets for future qualified higher education expenses through a diversified allocation that automatically adjusts its risk profile as the enrollment year approaches. The portfolio invests in a mix of mutual funds and exchange-traded funds, with a significant allocation to U.S. and international equities during its early years to capitalize on long-term growth potential. As the beneficiary nears college age, the allocation gradually shifts towards more conservative holdings, such as fixed income and capital preservation assets, to help manage risk and protect accumulated savings. Class C units of this portfolio are structured with a distribution fee and typically convert to Class A units after a set holding period. This portfolio is part of a suite of enrollment year options managed by State Street Global Advisors and JPMorgan Asset Management, supporting families in planning and saving efficiently for education costs through a program overseen by the Nevada State Treasurer’s Office.
Performance
FPBEX had a total return of 14.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.97%.