Virginia529 inVEST has received a Morningstar Analyst Rating™ of Gold from independent investment research provider Morningstar, Inc.
inVEST is one of only three 529 programs across the country to receive the highest honor this year. Programs earning a Gold rating possess a strong combination of qualities important to investors. inVEST’s solid approach to investments and a 33 percent reduction in the program’s administrative fee, in particular, contributed to its climb to a Gold rating.
According to Morningstar, “both residents and nonresidents will find plenty to like with this plan.”
CollegeAmerica retains its Silver rating from years past, making Virginia the only state with two 529 programs rated Gold or Silver. (Virginia529 prePAID and CollegeWealth are not evaluated in Morningstar’s review.)