- What does FPCWX invest in?
- The Class Z Portfolio invests its assets in the JPMorgan BetaBuilders US Aggregate Bond ETF, providing 529 account holders broad, diversified exposure to the U.S. investment-grade fixed-income market, including Treasuries, government agency debt, and investment-grade corporate and securitized bonds. As a single-fund investment option within the Nevada-sponsored Future Path 529 Plan, this Portfolio is designed for account holders seeking core, lower-volatility bond exposure to help balance risk within a 529 savings strategy, allowing tax-advantaged growth intended for qualified education expenses.
- What is the expense ratio of FPCWX?
- Future Path 529 JPMorgan BetaBuilders US Aggregate Bond ETF Portfolio Z (FPCWX) charges an expense ratio of 0.00%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is FPCWX?
- Future Path 529 JPMorgan BetaBuilders US Aggregate Bond ETF Portfolio Z (FPCWX) manages $13.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is FPCWX actively managed or an index fund?
- FPCWX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (FPCWX's is 0.00%) because there's no security selection cost.
- When was FPCWX launched?
- Future Path 529 JPMorgan BetaBuilders US Aggregate Bond ETF Portfolio Z (FPCWX) launched in January 2025 and is managed by J.P. Morgan.
- How has FPCWX performed?
- FPCWX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
