Connecticut Higher Education Trust Advisor 529 Plan

This fund is closed to new investors.

Class B shares are also closed to additional purchases by existing shareholders.

Performance (Fund)

FUND INCEPTION 03/16/2021

YEAR-TO-DATE RETURN AT NAV: na +0.09% As Of 01/17/2025
Average Annual Total Returns
1 Yr 3 Yr 5 Yr 10 Yr Since Inception
Month-end
As of 12/31/2024
NAV +2.69% +1.95% na na +1.72% +6.70%
Month-end
As of 12/31/2024
With Sales Charge na na na na na na
Quarter-end
As of 12/31/2024
NAV +2.69% +1.95% na na +1.72% +6.70%
With Sales Charge na na na na na na

Investment Objective

Seeks the preservation of principal while earning a level of income that is consistent with principal preservation.

Strategy

The insurance wrapped separately-managed account may invest in actively-managed or index Fidelity mutual funds or individual securities. Fidelity has entered into contractual arrangements with third-party insurance providers on behalf of the CHET to help the Portfolio provide a steady, positive annual rate of return.

Risk

Performance of the CT Advisor 529 Stable Value Portfolio depends on the performance of the underlying Fidelity fund in which it invests and the insurance wrap contract risks. Bond funds entail interest rate risk (as interest rates rise bond prices usually fall), the risk of issuer default, issuer credit risk and inflation risk. Lower-quality bonds can be more volatile and have greater risk of default than higher-quality bonds. Foreign securities are subject to interest rate, currency exchange rate, economic, and political risks. Leverage can increase market exposure and magnify investment risk. Insurance wrap conracts may be subject to (i) default by the wrap contract issuer, (ii) costs incurred to buy the wrap contract, (iii) a terminated wrap contract may be replaced with a contract with less favorable terms or higher costs, (iv) poor market value performance of underlying securities may lead a wrap issuer to exercise its right to terminate the contract, and (v) a wrap contract could terminate resulting in a loss of book value coverage. Portfolio unit price and value will vary, and you may have a gain or loss when you redeem your units.

Fund Managers (Fund)

Manager Since
Andrew Dierdorf 03/16/2021
Finola McGuire Foley 01/02/2024
Brett Sumsion 03/16/2021
Bruno Weinberg Crocco 09/01/2021

Details

NAV $10.68
as of 01/17/2025
POP (Public Offering Price) $10.68
as of 01/17/2025
Exp Ratio (Gross)
0.53%
as of 01/02/2025
Exp Ratio (Net)
0.53%
as of 01/02/2025
12 Month Low-High $10.40-$10.67
as of 12/31/2024
Net Assets
($M)
$8.73
as of 12/31/2024
Portfolio Assets
($M)
$34.17
as of 12/31/2024
Fund # 6335
CUSIP 20760M844
Fund Inception 03/16/2021
Share Class Inception 03/16/2021
Fiscal Year End June
 
 
 

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