Utah Educational Savings Plan
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Below are the performance returns for {{vm.formatDropDownDate(vm.selectedMonth.Date)}}. Remember, past performance is not indicative of future performance. To view the previous month, select the date from the drop down menu below. To view a footnote, simply hover your cursor over the footnote number.

View investment option performance as of:

View the returns for: Age-Based Investment Options | Static Investment Options | Customized Funds

UESP Investment Option Performance as of {{vm.formatDropDownDate(vm.selectedMonth.Date)}}

These returns were amended and restated on {{vm.formatDropDownDate(vm.selectedMonth.amendedDate)}}

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Age-Based
Investment Options
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Age {{option.Age}} 4 {{option.OneMonth}} {{option.ThreeMonth}} {{option.YTD}} {{option.OneYear}} {{option.ThreeYear}} {{option.FiveYear}} {{option.TenYear}} {{option.SinceInception}} {{option.InceptionDate}}
Static
Investment Options
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{{option.Name}} {{option.OneMonth}} {{option.ThreeMonth}} {{option.YTD}} {{option.OneYear}} {{option.ThreeYear}} {{option.FiveYear}} {{option.TenYear}} {{option.SinceInception}} {{option.InceptionDate}}
Customized
Investment Options
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{{vm.selectedMonth.customized[0].Name}}
{{option.Name}} 5 {{option.OneMonth}} {{option.ThreeMonth}} {{option.YTD}} {{option.OneYear}} {{option.ThreeYear}} {{option.FiveYear}} {{option.TenYear}} {{option.SinceInception}} {{option.InceptionDate}}
{{vm.selectedMonth.customized[1].Name}}
{{option.Name}} {{option.OneMonth}} {{option.ThreeMonth}} {{option.YTD}} {{option.OneYear}} {{option.ThreeYear}} {{option.FiveYear}} {{option.TenYear}} {{option.SinceInception}} {{option.InceptionDate}}
{{vm.selectedMonth.customized[2].Name}} 6 {{vm.selectedMonth.customized[2].Options[0].OneMonth}} {{vm.selectedMonth.customized[2].Options[0].ThreeMonth}} {{vm.selectedMonth.customized[2].Options[0].YTD}} {{vm.selectedMonth.customized[2].Options[0].OneYear}} {{vm.selectedMonth.customized[2].Options[0].ThreeYear}} {{vm.selectedMonth.customized[2].Options[0].FiveYear}} {{vm.selectedMonth.customized[2].Options[0].TenYear}} {{vm.selectedMonth.customized[2].Options[0].SinceInception}} {{vm.selectedMonth.customized[2].Options[0].InceptionDate}}
{{vm.selectedMonth.customized[3].Name}} {{vm.selectedMonth.customized[3].Options[0].OneMonth}} {{vm.selectedMonth.customized[3].Options[0].ThreeMonth}} {{vm.selectedMonth.customized[3].Options[0].YTD}} {{vm.selectedMonth.customized[3].Options[0].OneYear}} {{vm.selectedMonth.customized[3].Options[0].ThreeYear}} {{vm.selectedMonth.customized[3].Options[0].FiveYear}} {{vm.selectedMonth.customized[3].Options[0].TenYear}} {{vm.selectedMonth.customized[3].Options[0].SinceInception}} {{vm.selectedMonth.customized[3].Options[0].InceptionDate}}
The information above shows the returns for the following underlying investments and are net of the UESP Administrative Asset Fee. Returns on an account invested in the Customized Age-Based or Customized Static investment options will depend upon the underlying investment allocation chosen by the account owner/agent. In addition, individual account performance will vary based on the timing of the investments in the investment option, any cash flow in or out of the UESP account during the investment period, and on the balances in the UESP accounts.

Important Information Regarding Investments in UESP

The performance returns shown in the table above are based on a $10,000 beginning account balance, assuming the money was invested on the first day and held until the last day of each period shown. These returns only reflect the performance returns of a hypothetical $10,000 investment for a particular investment option over the stated period of time reflected in the table, not for individual accounts. Individual account performance will vary based on the timing of the initial and subsequent investments; withdrawals (if any); and the account balances.

The returns shown above (a) take into account the underlying investment performance for each period; (b) show applicable interest and dividends; and (c) are net of the Administrative Asset Fee charged by UESP during such periods. Beginning on January 1, 2010, and ending on September 30, 2014, the Administrative Maintenance Fee of up to $15 annually was not reflected on the returns. Beginning on October 1, 2014, returns do not reflect the Administrative Maintenance Fee, which was renamed the Administrative Mail Delivery Fee and is capped at $12 annually. The Administrative Mail Delivery Fee does not apply to Utah residents. It also does not apply to non-Utah residents who elect to view their quarterly account statements, Program Description, Program Description Supplements, newsletters, and all other UESP communications online rather than receiving them in the U.S. mail. The hypothetical performance for non-Utah residents who elect to receive quarterly account statements in the mail would be lower due to the annual Administrative Mail Delivery Fee.

For age-based and static investment options, performance returns shown above assume that (a) prior to January 1, 2007, the investment options did not rebalance; (b) beginning January 1, 2007, and ending December 31, 2012, investment options rebalanced on January 1 of each year to match the target allocations for each investment option in effect at the time; and (c) beginning January 1, 2013, investment returns are based on the aggregate market value of the investment options, which reflect the actual investment rebalancing that takes place on the birthday of each beneficiary. For these reasons and the reasons stated above, the actual returns in an individual account will not match those shown in the tables.

Past performance does not guarantee future results. The value of a UESP account may vary depending on market conditions and the performance of the investment option selected. It could be more or less than the amount contributed. In short, an investment could lose value. Except for the underlying investment in the accounts insured by the Federal Deposit Insurance Corporation (FDIC) and held in trust by UESP at Sallie Mae Bank and U.S. Bank (Banks), investments in UESP are not insured by the (FDIC). Contributions to and earnings on investments in the FDIC-insured accounts:

  • Retain their value, subject to the application of the rules and regulations of the Banks and the FDIC to each account owner.
  • Are allocated between the Banks according to the following percentages: Sallie Mae Bank (90 percent) and U.S. Bank (10 percent).
  • Are insured by the FDIC on a pass-through basis to each account owner at each bank up to the maximum amount set by federal law, which is $250,000. The amount of FDIC insurance is based on the total of (a) the value of an account owner’s investments in the FDIC-insured account at each bank, plus (b) the value of an account owner’s other accounts (if any) at each Bank, as determined by the Banks and by FDIC regulations.

Notes

1Year-to-date calculations are based on a calendar year; January 1 to the current month-end date.
2Average Annualized Returns for investment options with an inception date in the past 12 months are cumulative and nonannualized.
3The inception date is the first date that (a) the investment option was offered and/or received a contribution, or (b) the underlying fund was offered as part of either the Customized Age-Based or Customized Static investment options.
4UESP will reallocate the account balance to the Age 19+ or College Enrolled age bracket for accounts with an age-based investment option, including the Customized Age-Based investment option, when either (a) the beneficiary turns age 19, or (b) a qualified withdrawal is processed for the account owner/agent, whichever comes first.
5Closed to new investments beginning on July 25, 2011.
6Public Treasurers’ Investment Fund is a pool of money managed by the Utah state treasurer in short-term investments. Closed to new investments as an underlying investment in the Customized Age-Based and Customized Static investment options beginning on July 25, 2011.

Important Legal Notice

You should read the Program Description and consider all investment objectives, risks, charges, and expenses before investing. The Program Description is available for download on the web or a hard copy can be mailed to you by requesting it online here.

FDIC Insurance. Except for the underlying investment specified below, investments in UESP are not insured by the Federal Deposit Insurance Corporation (FDIC). FDIC insurance, up to applicable limits, is provided for the FDIC-insured accounts held in trust by UESP at Sallie Mae Bank and U.S. Bank National Association (U.S. Bank) (collectively Banks). Contributions to and earnings on the FDIC-insured accounts are allocated between the Banks according to the following percentages: Sallie Mae Bank (90 percent) and U.S. Bank (10 percent). Money in the FDIC-insured accounts is insured by the FDIC on a pass-through basis to each account owner at each Bank up to the maximum amount set by federal law, which is $250,000. The amount of FDIC insurance provided to an account owner is based on the total of (1) the value of an account owner’s investment in the FDIC-insured account at each Bank plus (2) the value of other accounts held (if any) at each Bank, as determined by the Banks and by FDIC regulations.

No Other Insurance and No Guarantees. Investments in UESP are neither insured nor guaranteed by the State of Utah, UESP, the Utah State Board of Regents, the Utah Higher Education Assistance Authority, other state agencies, federal government agencies (except to the extent noted above regarding FDIC insurance), or any employees or directors of any such entities. Units in UESP have not been registered with the United States Securities and Exchange Commission or with any state securities commission.

Account Value. The value of your UESP account may vary depending on market conditions and the performance of the UESP investment option you select. It could be more or less than the amount you contribute; in short, your investment could lose value. However, subject to the application of the rules and regulations of the Banks and the FDIC to each account owner, money in the FDIC-insured accounts will retain its value, whether in the FDIC-Insured investment option or when allocated to portions of another investment option that have the FDIC-insured accounts included as an underlying investment.

Non-Utah Taxpayers and Residents. You should determine whether the state in which you or your beneficiary pays taxes or lives offers a 529 plan that provides state tax or other benefits not otherwise available to you by investing in UESP. You should consider such state tax treatment and benefits, if any, before investing in UESP.