This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

IShares 529 Plan Awarded A Silver Rating By Morningstar

BlackRock, Inc. (NYSE: BLK) announced today that its iShares 529 Plan, managed in partnership with industry leader Upromise Investments, and featuring 28 investment options that financial advisors can use to build effective 529 portfolios for their clients, has received a Silver rating in the annual Morningstar Analyst Ratings for 529 College Savings Plans.

According to Morningstar, “Arkansas' iShares 529 Plan is another Silver medalist with inexpensive advisor-sold options. This plan includes only exchange-traded funds, which replicate indexes yet trade like individual stocks. Several other plans also include ETFs, or have plans to add them to their menus, but the iShares line-up is robust and reasonably priced, giving advisors ample choice when constructing custom portfolios for clients.” 1

“As 529 plans play an important role in financial planning, the value of a cost-efficient and quality line-up of investment options becomes even more important. With our plan, advisors have flexibility and diversity of options available for them to invest their clients’ savings, with access to investment options across asset classes,” said Sue Thompson, Head of BlackRock’s Registered Investment Advisor Channel and Head of the iShares Institutional Asset Management Channel.

“We know the important role that post-secondary education can play in the lives of American families,” said Dale Ellis, Director with the Arkansas College Savings Plans. “It’s why we do everything in our power to stay progressive in the area of saving for college, and why we value our work with BlackRock and Upromise for their commitment to being on the forefront of college savings.”

This is the second time the iShares 529 Plan has earned a Silver Analyst Rating from Morningstar, earning its first in Morningstar’s 2012 ratings of the nation’s largest 529 Plans. As one of only two advisor-sold 529 plans to receive a Silver rating, the iShares 529 Plan stands out in a field of 529 plans, and is viewed positively by Morningstar analysts, as having notable advantages and being likely to outperform its peers on a risk-adjusted basis over time.

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,710.86 +32.63 0.18%
S&P 500 2,060.24 +4.09 0.20%
NASDAQ 4,887.5710 +24.2090 0.50%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs