Fidelity adds five sustainable funds to 529 plans
The portfolios were added to programs for Connecticut, New Hampshire and Massachusetts.
Fidelity Investments has added multi-asset sustainable portfolios to five state 529 college savings plans it manages.
In a statement, the company cited investors’ increased interest in ESG.
The five funds are the Connecticut Sustainable Multi-Asset Portfolio, the New Hampshire Sustainable Multi-Asset Portfolio, the Massachusetts Sustainable Multi-Asset Portfolio, the CHET (Connecticut Higher Education Trust) 529 College Savings Plan – Advisor Plan, and the Fidelity Advisor 529 Sustainable Multi-Asset Portfolio – Class A portfolio.
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