T. Rowe Price Balanced 529 Portfolio

Contributions to this individual fund portfolio will be invested solely in the T. Rowe Price Balanced Fund. Before making contributions to this portfolio, you should consider the more detailed information about the underlying fund in which it invests, including its investment objectives and policies, risks, and expenses, contained in the links below. The Fact Sheet, Prospectus, and Annual Report below describe the T. Rowe Price Balanced Fund and not the CollegeCounts 529. For information regarding the expenses of the CollegeCounts 529 Fund Direct Plan, including the program management fee, please review the Program Disclosure Statement. Performance information for the T. Rowe Price Balanced Fund does not reflect the imposition of the program management fee CollegeCounts imposes. The information contained in the links below was obtained from the underlying fund companies and has not been independently verified by CollegeCounts.

Participants in the CollegeCounts 529 Fund do not own shares of the underlying mutual funds directly, but rather own shares of a portfolio in CollegeCounts.


Alabama TreasurerUnion Bank

Past performance is not necessarily an indication of future performance. Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may be lower or higher than the performance data above. In addition, the performance information set forth above in the "Fund Performance" section does not reflect the charges assessed by the program. If it did, the annual total returns would be lower.

Performance information is for the life of the fund for funds with less than 10 years of performance history.

1 Performance information is current as of the referenced timeframe and is net of the 0.25% program management fee the Plan imposes.

2 Expense ratio information is the total annual fund operating expenses for the investment funds that make up each Portfolio based on the weighted average of the expenses of each underlying fund, expense ratios are as of the most recent Program Disclosure Statement dated December 17, 2014. Expense ratio information is historic, and the actual expenses of the underlying funds may be different.

3 Underlying fund performance information is current as of the end of the most recent calendar quarter and has been obtained from sources that are believed to be reliable, including the underlying fund companies. The CollegeCounts 529 Fund has not independently verified the performance information set forth above in the "Fund Performance" section.

Investors in the CollegeCounts 529 Fund do not own shares of the underlying mutual funds directly, but rather own shares of a Portfolio in CollegeCounts.

The CollegeCounts 529 Fund is a qualified tuition program under Section 529 of the Internal Revenue Code that is offered by the State of Alabama, administered by the Board of Trustees of the ACES Trust Fund (the “Trust” and plan issuer), marketed as the CollegeCounts 529 Fund, and Union Bank & Trust Company serves as Program Manager. Accounts and investments under the CollegeCounts 529 Fund are not insured or guaranteed by the FDIC, the State of Alabama, the State Treasurer of Alabama, the Board, the Trust, the Program, Union Bank & Trust Company or any other entity. Investment returns are not guaranteed and you could lose money by investing in the Plan.

An investor should consider the investment objectives, risks and charges and expenses associated with the Program before investing. This information is contained in the Program Disclosure Statement. Please read it carefully before investing.

If you are not an Alabama taxpayer, consider before investing whether your or the designated beneficiary’s home state offers any state tax or other benefits that are only available for investments in such state’s qualified tuition program.

Not FDIC Insured.     No Bank Guarantee.     May Lose Value.