Columbia Growth 529 Portfolio Class C is a static portfolio within the Future Scholar 529 College Savings Plan, structured as a mutual fund and tailored for education savings. Its main purpose is to facilitate long-term asset growth to help families save for future higher education expenses, capitalizing on the tax advantages of 529 plans. This portfolio typically invests across a diversified selection of underlying funds managed by Columbia Management, targeting growth through equity exposure. As a Class C share, it features an asset-based distribution or servicing fee of 1.00% annually, without an initial sales charge, offering a fee structure distinct from other share classes. The portfolio is especially relevant for investors seeking a growth-oriented option within a college savings plan, providing access to professionally managed investment strategies and exposure to sectors that drive capital appreciation over the long term. Columbia Growth 529 Portfolio Class C plays a key role in helping families plan for educational financial goals, supporting both individual account customization and comprehensive portfolio management within the 529 plan framework.
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