Fees & Expenses

The total fee may vary slightly depending on the actual expenses of the funds in which the portfolios invest. Select the fee or expense name at the top of each column for a description. Additional fee information is listed following the table.

Learning Quest Portfolio
Fees & Expenses
Learning Quest Portfolios Underlying
Fund Expenses1 ?		 Program
Management Fee ?		 Total
Portfolio Fee ?
Learning Quest 100% Equity Portfolio 0.54% 0.15% 0.69%
Learning Quest 90% Equity Portfolio 0.50% 0.15% 0.65%
Learning Quest 80% Equity Portfolio 0.49% 0.15% 0.64%
Learning Quest 70% Equity Portfolio 0.47% 0.15% 0.62%
Learning Quest 60% Equity Portfolio 0.44% 0.15% 0.59%
Learning Quest 50% Equity Portfolio 0.41% 0.15% 0.56%
Learning Quest 40% Equity Portfolio 0.37% 0.15% 0.52%
Learning Quest 30% Equity Portfolio 0.32% 0.15% 0.47%
Learning Quest 20% Equity Portfolio 0.27% 0.15% 0.42%
Learning Quest 10% Equity Portfolio 0.23% 0.15% 0.38%
Learning Quest Short-Term Portfolio 0.18% 0.15% 0.33%
Learning Quest 80% Equity Index Portfolio N/A N/A 0.20% 1
Learning Quest 70% Equity Index Portfolio N/A N/A 0.20% 1
Learning Quest 60% Equity Index Portfolio N/A N/A 0.20% 1
Learning Quest 50% Equity Index Portfolio N/A N/A 0.20% 1
Learning Quest 40% Equity Index Portfolio N/A N/A 0.20% 1
Learning Quest 30% Equity Index Portfolio N/A N/A 0.20% 1
Learning Quest 20% Equity Index Portfolio N/A N/A 0.20% 1
Learning Quest 10% Equity Index Portfolio N/A N/A 0.20% 1
Learning Quest Total Growth Index Portfolio 0.03% 0.15% 0.18%
Learning Quest 500 Index Portfolio 0.02% 0.15% 0.17%
Learning Quest Balanced Index Portfolio 0.06% 0.15% 0.21%
Learning Quest Total Bond Market Index Portfolio 0.03% 0.15% 0.18%
Learning Quest Cash and Cash Equivalents Portfolio 0.09% N/A 0.09%

Underlying Fund Expenses

Each Learning Quest portfolio realizes its pro-rata share (weighted average) of the fees and expenses of the underlying funds in which it invests. The amount of the underlying fund expense charged to a portfolio is based on the amount of each fund held and the expense ratio of that fund. In the case of portfolios that have only one underlying fund, the expense realized is the annual operating expense of the one underlying fund.

Program Management Fee

The program management fee is charged to a portfolio for expenses incurred, including the administration and management of the program. The fee is currently at an annual rate of 0.15%. It is charged against the assets of all the portfolios except the Cash and Cash Equivalents Portfolio and the 80%-10% Equity Index Portfolios.

Total Portfolio Fee

The total fee may be higher or lower depending on the amount of the underlying funds held by each portfolio and the actual expenses of those funds. The investment return of each portfolio will be net of the underlying fund expenses and the program management fee (if applicable), as described above.

The fees and expenses listed on this page are for accounts established directly with Learning Quest. You also may establish a Learning Quest college savings account through a financial advisor. Investing through an advisor may result in additional fees, please contact your financial advisor for more information.

Additional Fees & Information

A returned investment fee may be automatically deducted from your account each time one of the following occurs:

  • An investment has a stop payment placed on it.
  • A check or electronic transfer is drawn on insufficient funds.
  • A check has irregularities, including, but not limited to, a questionable signature.

The program administrator reserves the right to charge fees for special services required for any Account Owner.