Manulife Stretches 529 Plan Investment Options

May 21, 2003 ( - The Manufacturers Life Insurance Company (USA) has beefed up the lineup of investment options in its Manulife College Savings 529 plan.

According to a Manulife news release, Manulife College Savings has incorporated American Mutual Fund into its Enrollment-Based and Static Equity Portfolio allocations, as well as offering the fund as an Individual Portfolio.  American Mutual Fund seeks current income, long-term growth, and capital preservation.

Manulife College Savings also brought on four new individual portfolios for a total of eight:

  • American Mutual 529 Portfolio
  • MFS Massachusetts Investors Growth Stock 529 Portfolio
  • T. Rowe Price Equity Income 529 Portfolio
  • T. Rowe Price Small Cap Stock 529 Portfolio