Never miss a story — sign up for PLANSPONSOR newsletters to keep up on the latest retirement plan benefits news.
Products November 2, 2012
BlackRock Expands 529 Plan Investments
November 2, 2012 (PLANSPONSOR.com) – BlackRock Inc. expanded its iShares exchange-traded funds (ETFs) business, adding seven portfolio options to the iShares 529 Plan.
Reported by Kristen Heinzinger
The plan now features 28 investment options for advisers to build 529 portfolios.
The new portofolio options include:
- iShares High Dividend Equity Portfolio
- iShares MSCI EAFE Minimum Volatility Portfolio
- iShares MSCI Emerging Markets Minimum Volatility Portfolio
- iShares MSCI ACWI ex US Portfolio
- iShares Barclays 1-3 Year Credit Portfolio
- iShares iBoxx $ Investment Grade Corporate Bond Portfolio
- iShares iBoxx $ High Yield Corporate Bond Portfolio
The iShares 529 Plan, offered only through advisers, is a nationally available college savings plan, sponsored by the State of Arkansas, which allows families to save and invest funds for higher education in a tax-advantaged account.
More information is at ishares529.s.upromise.com.