Bright Start Receives Elite Gold Rating From Morningstar!*

Bright Start received MorningStar's Gold Medal Rating

Here’s what Morningstar had to say about Bright Start in October 2018:

“Illinois’ Bright Start Direct-Sold College Savings Program became a topnotch plan following a complete overhaul in July 2017.” “Hands-off investors can invest confidently in either of the plan’s two types of age-based portfolios.” “Both types of age-based portfolios have strong investments under the hood.” “In addition to Vanguard index funds, the Multi-Firm series includes 15 actively managed strategies run by well-regarded asset managers, such as BlackRock, DFA, Dodge & Cox, and T. Rowe Price.” “Investors can also select from a robust lineup of 16 individual options–Gold-rated Vanguard Total Stock Market Index and Silver-rated DFA US Large Cap Value joined the lineup in August 2018–to create custom portfolios.” “The revamped plan boasts low fees. The Index series’ expense ratios range between 0.12% and 0.15%, making it one of the least expensive age-based options.” “Illinois’ state tax deduction on contributions ($10,000 individual/$20,000 joint) adds appeal for residents, but nonresidents may also find the plan compelling.”
Morningstar Names Best 529 College Savings Plans for 2018

*The Morningstar Analyst Rating™ is not a credit or risk rating. It is a subjective evaluation performed by Morningstar’s manager research group, which consists of various Morningstar, Inc. subsidiaries (“Manager Research Group”). In the United States, that subsidiary is Morningstar Research Services LLC, which is registered with and governed by the U.S. Securities and Exchange Commission. The Manager Research Group evaluates funds based on five key pillars, which are process, performance, people, parent, and price. The Manager Research Group uses this five pillar evaluation to determine how they believe funds are likely to perform relative to a benchmark, or in the case of exchange-traded funds and index mutual funds, a relevant peer group, over the long term on a risk-adjusted basis. They consider quantitative and qualitative factors in their research, and the weight of each pillar may vary. The Analyst Rating scale is Gold, Silver, Bronze, Neutral, and Negative. A Morningstar Analyst Rating of Gold, Silver, or Bronze reflects the Manager Research Group’s conviction in a fund’s prospects for outperformance. Analyst Ratings ultimately reflect the Manager Research Group’s overall assessment, are overseen by an Analyst Rating Committee, and are continuously monitored and reevaluated at least every 14 months. For more detailed information about Morningstar’s Analyst Rating, including its methodology, please go to The Morningstar Analyst Rating (i) should not be used as the sole basis in evaluating a fund, (ii) involves unknown risks and uncertainties which may cause Analyst expectations not to occur or to differ significantly from what they expected, and (iii) should not be considered an offer or solicitation to buy or sell the fund. © 2018 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.back