The table below shows total returns for Class A, B and C shares of Franklin Templeton 529 College Savings Plan, offered nationwide by New Jersey Higher Education Student Assistance Authority (HESAA).1,2 Ongoing market volatility can dramatically impact short-term returns. To obtain performance information current to the most recent month-end, call us at (800) 818-4030.
Important Legal Information
Nonqualified withdrawals are subject to a federal income tax, a 10% federal tax penalty, and state income taxes and possible penalties.
Performance data shown represents past performance, which doesn’t guarantee future results. A plan portfolio’s investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.
Investors should carefully consider a portfolio’s investment goals, risks, charges and expenses before investing. See the Investor Handbook for more information on Franklin Templeton 529 College Savings Plan, including sales charges, expenses, general risks of the Plan, general investment risks and specific risks of investing in Plan portfolios, which can include risks of convertible securities; country, sector, region or industry focus; credit; derivative securities; foreign securities, including currency exchange rates, political and economic developments, trading practices, availability of information, limited markets and heightened risk in emerging markets; growth or value style investing; income; interest rate; lower-rated and unrated securities; mortgage securities and asset-backed securities; restructuring and distressed companies; securities lending; smaller and midsize companies; and stocks. To obtain an Investor Handbook, which contains this and other information, call us at (800) 818-4030, or go to the Order Literature section on this website. You should read the Investor Handbook carefully before investing and consider whether your or the account beneficiary’s home state offers any state tax or other benefits that are available for investments only in its qualified tuition program.
Average annual total returns shown “with fees and sales charges” are net of the following: (1) the current annual program management fee of 0.25% of plan portfolio assets; (2) the current annual sales fees of 0.25% (Class A) or 1.00% (Classes B and C); (3) initial sales charges of 4.25% (Class A of the Franklin Income Allocation 529 Portfolio, Templeton Global Bond 529 Portfolio and Franklin Income 529 Portfolio) or 5.75% (all other Class A portfolios) or deferred sales charges of 4.00% (Class B) or 1.00% (Class C); and (4) annual expenses of the share classes of the underlying mutual funds in which Plan portfolios invest, currently up to 0.97% of assets, which may vary.3 The Franklin Money 529 Portfolio does not charge an initial sales charge nor does it assess an annual sales fee; the Program Management Fee is currently waived for the portfolio.
Effective July 1, 2014, some of our fund names have changed. Click here for additional information.
Although the Franklin Money 529 Portfolio seeks to preserve the value of investments, it is possible to lose money by investing in the portfolio.
- Offered and administered by the New Jersey Higher Education Student Assistance Authority (HESAA); managed and distributed by Franklin Templeton Distributors Inc., an affiliate of Franklin Resources, Inc., which operates as Franklin Templeton Investments. No federal or state guarantee. Principal value may be lost, and investing in the plan does not guarantee admission to college or sufficient funds for college. Please refer to the Investor Handbook for more complete information.
- After approximately eight years, Class B Trust shares convert to Class A Trust shares. Effective on or after April 1, 2012, new or additional investments in Class B Trust shares, including by existing owners of Class B Trust shares, will generally not be permitted. See the Investor Handbook for more complete information.
- Plan fees, expenses and sales charges are subject to change. Underlying fund expenses will vary and in some cases have been reduced by fee and expense waivers or reimbursements, which may be ended at any time reducing future performance.
- An investment in Franklin Templeton 529 College Savings Plan is an investment in a municipal security that may invest in one or more underlying mutual funds. It is not an investment in shares of the underlying mutual fund(s).
- The inception date of each class of shares of each portfolio is the date on which the class of shares was first funded.
- Performance prior to May 6, 2009, reflects investment in Franklin Capital Growth fund rather than Franklin Flex Cap Growth Fund.
- Performance prior to May 6, 2009, reflects an allocation of 25% of portfolio assets to Franklin Capital Growth Fund. From May 6, 2009 to July 14, 2010, that allocation was replaced by an allocation to Franklin Growth Fund; during that time the portfolio had an allocation of 50% of its assets to that fund. Beginning on July 15, 2010, half of the portfolio’s allocation to Franklin Growth Fund has been replaced with an allocation to Franklin Flex Cap Growth Fund, so that the portfolio allocates 25% of its assets to each of those funds.
- Prior to May 6, 2009, the Trust Portfolio: (i) was named Franklin Capital Growth 529 Portfolio; (ii) invested in the Franklin Capital Growth Fund instead of the Franklin Growth Fund; and (iii) had a different investment strategy. Performance prior to May 6, 2009, reflects investment in Franklin Capital Growth Fund.
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