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529 Plans from Columbia Management ranked among top performers by savingforcollege.com

These results are just in for the one year and three year periods in Savingforcollege.com's Plan Composite Rankings for the period ending December 31, 2007.

The Future Scholar 529 College Savings Plan
  • 1st out of 26 ranked plans in the Broker-Sold, 3 Yr Performance (Class A) at NAV Category.
  • 2nd out of 31 ranked plans in the Broker-Sold, 1 Yr Performance (Class A) at NAV Category.
  • 2nd out of 26 ranked plans in the Broker-Sold, 3 Yr Performance including max sales charges (Class A).
  • 9th out of 31 ranked plans in the Broker-Sold, 1 Yr Performance including max sales charges (Class A).
New York's 529 College Savings Program Advisor Plan
  • 10th out of 26 ranked plans in the Broker-Sold, 3 Yr Performance (Class A) at NAV Category.
  • 3rd out of 31 ranked plans in the Broker-Sold, 1 Yr Performance (Class A) at NAV Category.
  • 20th out of 31 ranked plans in the Broker-Sold, 3 Yr Performance including max sales charges (Class A).
  • 18th out of 26 ranked plans in the Broker-Sold, 1 Yr Performance including max sales charges (Class A).
The Plan Composite Ranks are based on a plan’s performance rankings in its relevant asset allocation category (100% Equity, 80% Equity, 60% Equity, 40% Equity, 20% Equity, 100% Fixed Income or 100% Short-term), savingforcollege.com (“SFC”) calculates a composite performance score for each 529 plan for the one- and three-year performance periods. Within each category, portfolios are compared and ordered based on published investment returns, both with and without the maximum sales charge, to determine a plan’s asset allocation category rankings. The asset allocation ranking is then re-calculated and a composite performance score is created based on a standard normal distribution of the returns included within each category. To calculate the composite ranking for the plans, SFC compares the composite performance scores of the 529 plans against each other. For example, if a plan has 7 portfolios in the asset allocation rankings (one for each asset category), its composite score will be the sum of its asset allocation rankings divided by 7. When multiple portfolios are included in an asset allocation category, the plan’s ranking in that asset allocation category is calculated by first averaging the separate rankings of the portfolios included in the category. A 529 plan must have a minimum of three portfolios with asset allocation rankings to be included in the composite rankings and adviser and direct-sold plans are scored separately. For advisor-sold plans, the composite rankings only use A-class units.

View Pricing & Performance

Future Scholar 529 College Savings Plan »
New York's 529 College Savings Program Advisor Plan »

Past performance is no guarantee of future results.

Future Scholar 529 College Savings Plan.

Please consider the investment objectives, risks, charges and expenses carefully before investing in the Future Scholar 529 College Savings Plan. Contact your financial advisor or Columbia Management for a Program Description, which contains this and other important information. Read it carefully before investing. You should also consider, before investing, whether the investor’s or designated beneficiary’s home state offers any state tax or other benefits that are only available for investments in such state’s qualified tuition program. Columbia Management Distributors, Inc., distributor and underwriter.

Please remember there's always the potential of losing money when you invest in securities.

The Advisor Plan is sold exclusively through financial advisors. Certain investors may also be eligible to participate in the Direct Plan, which is sold directly by the Program. The Direct Plan offers a more limited selection of investment choices than the Advisor Plan, and the fees and expenses are lower. Please refer to the Program Description for more information.

Columbia Management Group, LLC (“Columbia Management”) is the investment management division of Bank of America Corporation. Columbia Management entities furnish investment management services and products for institutional and individual investors. The Future Scholar 529 College Savings Plan and Columbia Funds are distributed by Columbia Management Distributors, Inc., member FINRA and SIPC. Columbia Management Distributors, Inc., is part of Columbia Management and an affiliate of Bank of America Corporation.

The Office of the State Treasurer of South Carolina (the State Treasurer) administers the Program, and has selectedColumbia Management Distributors, Inc.as Program Manager.Columbia Management Distributors, Inc., certain affiliates and its parent company are responsible for providing certain administrative, recordkeeping and investment services and for the marketing of the Program. Neither Columbia Management nor Columbia Management Distributors, Inc. are affiliated with the State Treasurer.

New York's 529 College Savings Program Advisor Plan: The Comptroller of the State of New York and the New York State Higher Education Services Corporation are the Program Administrators and are responsible for implementing and administering the Advisor Plan. Upromise Investments, Inc. serves as the Program Manager and has responsibility for certain administrative and recordkeeping services for the Plan, including assisting Columbia Management Group, LLC (“Columbia Management”) with effecting transactions. These entities are not affiliated with Columbia Management. Columbia Management through its affiliates is investment manager of New York’s 529 College Savings Program Advisor Plan. Columbia Management is the investment management division of Bank of America Corporation. Columbia Management entities furnish investment management services and products for institutional and individual investors. New York’s 529 College Savings Program Advisor Plan and Columbia Funds are marketed and distributed by Columbia Management Distributors, Inc., member FINRA and SIPC. Columbia Management Distributors, Inc., is part of Columbia Management and an affiliate of Bank of America Corporation.

No guarantee: None of the State of New York, its agencies, the Federal Deposit Insurance Corporation (FDIC), Columbia Management, Upromise Investments, Inc. or their affiliates insures accounts or guarantees the principal deposited therein or any investment returns on any account or investment. The value of your account will vary based on market conditions and the performance of the investment options you select, and may be more or less than the amount you invest. Tax benefits are subject to certain limitations, and certain withdrawals are subject to federal, state and local taxes.

 New York’s 529 College Savings Program currently includes two separate 529 plans. The Advisor Plan is sold exclusively through financial advisors who have entered into Advisor Plan selling agreements with Columbia Management Distributors, Inc. You may also participate in the Direct Plan, which is sold directly by the Program and offers lower fees. However, the investment options available under the Advisor Plan are not available under the Direct Plan. The fees and expenses of the Advisor Plan include compensation to the financial advisor. Be sure to understand the options available before making an investment decision.

If you or the beneficiary are a resident or taxpayer of another state, before you invest consider whether your or the beneficiary’s home state offers a 529 Plan with tax or other benefits that are only available for investments in that plan. You should consult your qualified tax advisor.

New York’s 529 College Savings Program Advisor Plan is described in its current applicable Program Brochure and Tuition Savings Agreement. Accounts are opened by completing an Enrollment Application. Call your financial advisor or Columbia Management at 800.774.2108 or visit www.ny529advisor.com to obtain a Program Brochure and Tuition Savings Agreement, which includes the investment objectives, risks, charges, expenses and other important information. Read it carefully before investing. Columbia Management Distributors, Inc., distributor and underwriter.

" Columbia Management is committed to providing high quality college savings products. Our performance among the top in the composite rankings demonstrates the strength of our offerings and our continued commitment to helping clients reach their financial goals."

Kevin Wasp, Director, College Savings Plans
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