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Minnesota College Savings Plan

Minnesota - Minnesota Office of Higher Education

529 Savings Plan - Direct-sold

Click "+" to expand the plan details, click "-" to shrink the plan details.

Contact Information: www.mnsaves.org/ Ph 1-877-338-4646

Management Information: Minnesota Office of Higher Education

Program Manager:	Contract Termination Date:
TIAA-CREF Tuition Financing Inc.	August 31, 2014
Investment Manager(s):	Contract Termination Date(s):
TIAA-CREF	August 31, 2014

Plan Benefits: Tax Exemptions

Investment Options: 6 Investment Options

Age-Based Options: 1 Investment Option

Managed Allocation Option - Age Based

Manager:

TIAA-CREF

Residency Requirements	None
Enrollment Fee	None
Minimum Initial Contribution	$25.00
Minimum Subsequent Contribution	$25.00
Maximum Total Contribution	$235,000.00
Link to performance	www.mnsaves.org/ourplan/invest_performan...

You can contribute as little as $15 per investment option per pay period using payroll deduction through participating employers.

Fee Structure: Direct-sold
	Annual Asset-Based Fees					Additional Investor Expense
Age of Child	Estimated Underlying Fund Expenses	Program Manager Fee	State Fee	Misc Fees	Total Annual Asset-Based Fees	Annual Account Maintenance Fee
0 - 3	0.16%	0.34%	0.0125%	0.00%	0.5125%	$0.00
4 - 7	0.16%	0.34%	0.0125%	0.00%	0.5125%	$0.00
8 - 11	0.16%	0.34%	0.0125%	0.00%	0.5125%	$0.00
12 - 14	0.16%	0.34%	0.0125%	0.00%	0.5125%	$0.00
15 - 17	0.19%	0.31%	0.0125%	0.00%	0.5125%	$0.00
18 - And Up	0.19%	0.31%	0.0125%	0.00%	0.5125%	$0.00

Approximate cost of $10,000 investment (assumes 5% return)
Age of Child	1 year	3 years	5 years	10 years
0 - 3	$53.00	$165.00	$287.00	$645.00
4 - 7	$53.00	$165.00	$287.00	$645.00
8 - 11	$53.00	$165.00	$287.00	$645.00
12 - 14	$53.00	$165.00	$287.00	$645.00
15 - 17	$53.00	$165.00	$287.00	$645.00
18 - And Up	$53.00	$165.00	$287.00	$645.00

Cost of Investment Disclosure

Blended Options: 1 Investment Option

Fee Structure: Direct-sold
Annual Asset-Based Fees		Additional Investor Expense
Estimated Underlying Fund Expenses	Program Manager Fee	State Fee	Misc Fees	Total Annual Asset-Based Fees	Annual Account Maintenance Fee
0.16%	0.44%	0.0125%	0.00%	0.6125%	$0.00

Approximate cost of $10,000 investment (assumes 5% return)
Term	1 year	3 years	5 years	10 years
Cost	$63.00	$197.00	$343.00	$767.00

Capital Preservation Options: 1 Investment Option

Fee Structure: Direct-sold
Annual Asset-Based Fees		Additional Investor Expense
Estimated Underlying Fund Expenses	Program Manager Fee	State Fee	Misc Fees	Total Annual Asset-Based Fees	Annual Account Maintenance Fee
0.15%	0.4%	0.0125%	0.00%	0.5625%	$0.00

Approximate cost of $10,000 investment (assumes 5% return)
Term	1 year	3 years	5 years	10 years
Cost	$58.00	$181.00	$315.00	$706.00

Equity Options: 1 Investment Option

Fee Structure: Direct-sold
Annual Asset-Based Fees		Additional Investor Expense
Estimated Underlying Fund Expenses	Program Manager Fee	State Fee	Misc Fees	Total Annual Asset-Based Fees	Annual Account Maintenance Fee
0.15%	0.4%	0.0125%	0.00%	0.5625%	$0.00

Approximate cost of $10,000 investment (assumes 5% return)
Term	1 year	3 years	5 years	10 years
Cost	$58.00	$181.00	$315.00	$706.00

Fixed Income Options: 1 Investment Option

Fee Structure: Direct-sold
Annual Asset-Based Fees		Additional Investor Expense
Estimated Underlying Fund Expenses	Program Manager Fee	State Fee	Misc Fees	Total Annual Asset-Based Fees	Annual Account Maintenance Fee
0.17%	0.43%	0.0125%	0.00%	0.6125%	$0.00

Approximate cost of $10,000 investment (assumes 5% return)
Term	1 year	3 years	5 years	10 years
Cost	$63.00	$197.00	$343.00	$767.00

Guaranteed Options: 1 Investment Option

Fee Structure: Direct-sold
Annual Asset-Based Fees		Additional Investor Expense
Estimated Underlying Fund Expenses	Program Manager Fee	State Fee	Misc Fees	Total Annual Asset-Based Fees	Annual Account Maintenance Fee
0.00%	0.65%	0.00%	0.00%	0.00%	$0.00

Approximate cost of $10,000 investment (assumes 5% return)
Term	1 year	3 years	5 years	10 years
Cost	$0.00	$0.00	$0.00	$0.00

Plan Performance: Investment Option Performance

Minnesota College Savings Plan

Quarter-End Performance for the period ending 3/31/2013

(net of all applicable fees and costs)

	Average Annual Total Returns					Inception Date
	1-Year	3-Year	5-Year	10-Year	Since Inception	Inception Date
Age-Based Portfolios
Managed Allocation Option - Age Based
Age of Child: 0 - 3	10.86%	10.20%	4.59%	-	5.74%	Jan 16, 2004
Age of Child: 4 - 7	9.71%	9.36%	4.88%	-	5.71%	Jan 16, 2004
Age of Child: 8 - 11	8.27%	8.56%	5.05%	-	5.64%	Jan 16, 2004
Age of Child: 12 - 14	7.45%	8.11%	5.17%	-	5.62%	Jan 16, 2004
Age of Child: 15 - 17	5.41%	5.92%	3.99%	-	4.62%	Jan 16, 2004
Age of Child: 18 - And Up	3.71%	4.14%	3.03%	-	3.80%	Jan 16, 2004
Blended Portfolios
Balanced Option	8.99%	8.94%	4.86%	-	3.81%	Aug 2, 2007
Capital Preservation/Money Market Portfolios
Money Market Option	0.00%	-0.13%	0.22%	-	0.48%	Nov 1, 2007
Equity Portfolios
100% Equity Option	12.81%	11.11%	3.95%	8.93%	5.58%	Oct 1, 2001
Fixed Income Portfolios
100% Fixed-Income Option	3.52%	5.60%	4.77%	-	5.51%	Aug 16, 2007
Guaranteed Portfolios
Guaranteed Option	1.58%	2.16%	2.54%	2.97%	3.07%	Oct 10, 2001

The performance data shown represents past performance. Past performance is not a guarantee of future results. Investment returns and principal value will fluctuate, so that investors' units, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data cited.

Return

Plan Residency: No

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