Maryland College Investment Plan Rated “Top” By Morningstar Two Years in a Row!

When you're saving for your child's college, be sure you consider a 529 plan with low expenses and strong management expertise. The Maryland College Investment Plan, managed by T. Rowe Price, was one of only five plans to receive a "Top" rating in 2010 and one of six plans to receive the accolade in 2011.

Morningstar looked beyond the investment options to provide a more comprehensive evaluation of 529 plans. The rating system includes performance, cost, confidence in the management team, stewardship practices, and underlying investment quality.

See how easy it is to save with a top-rated college savings plan. It's a decision that can make a big difference for your child's future.

All college savings portfolios are subject to market risk, including possible loss of principal.

 

 

Morningstar analysts reviewed 58 plans for its 2011 survey (10/27/11), of which 6 plans received a "Top" rating. Morningstar analysts reviewed 52 plans for its 2010 survey (10/25/11), of which 5 plans received a "Top" rating. Ratings for each plan are based on five factors: the quality of the underlying investment options; performance of those options; the skill of the managers of those options; the costs associated with each plan, and the stewardship practices of each plan's program manager. Plans were then assigned ratings of "Top," "Above Average," "Average," "Below Average," and "Bottom." To earn a "Top" rating, a plan must be best-in-class across all five areas.