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MO Treasurer Zweifel Report - 529 Advisor Plan

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MOST 529 Advisor Plan Tops National Rankings Again

For the second consecutive quarter, MOST–Missouri's 529 Advisor Plan has been recognized as being No.1 in the nation for one-year performance among all advisor-sold 529 Plans. State Treasurer Clint Zweifel (ZWY-ful) said Savingforcollege.com, a nationally respected website, awarded the ranking as of March 31. The report may be found here. There are nearly 14,500 accounts with nearly $157 million saved in the MOST 529 Advisor Plan.

“Today’s announcement shows the MOST 529 Advisor Plan is working hard for Missourians by getting the results we want for our account owners,” Treasurer Zweifel said. “I am dedicated to helping Missourians save for college and that means continuing to ensure our plans rank among the top in the nation .Whether it is $1 billion in lending for Missouri small businesses and farms or the No.1 college savings plan, Missourians should know these tools are there for them.”

Savingforcollege.com updates 529 plan rankings quarterly.

MOST 529 Advisor Plan accounts grow tax deferred.  Missourians can visit www.most529advisor.com or contact a financial advisor to learn more. Additionally, tax-free withdrawals can be made for qualified higher-education expenses*, contributions qualify for significant Missouri State income tax deductions** and a wide range of investment options are available.

About DWS Investments
DWS Investments is the U.S. retail brand of Deutsche Bank’s global asset management division. DWS is the leading mutual fund brand in Germany and one of the most respected in Europe and Asia.  With access to the expertise of a powerful global network in 16 countries, DWS Investments strives to make innovative investment strategies and solutions, traditionally reserved for institutions and high net worth individuals, available to the US retail investor.

About the MOST 529 Advisor Plan
The MOST 529 Advisor Plan is distributed by DWS Investments. Upromise Investments serves as program manager. DWS Investments became distributor as part of the new management contract for MOST 529 that took effect in June 2011. Its investment options were also added at the time.

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Savingforcollege.com (“SFC”), an independent resource on 529 college savings plans, ranked the MOST 529 Advisor plan 1 out of 33 for one-year performance and 15 out of 27 for three-year performance excluding sales charges (Class A) for the period ending 3/31/12. The MOST 529 Advisor plan ranked 4 out of 32 for one-year performance and 19 out of 26 for three-year performance including maximum sales charges (Class A) for the period ending 3/31/12. Rankings for the five-year period ending 3/31/12 are not available as the plan did not have at least one portfolio with sufficiently-long performance in a minimum of four asset allocation categories under SFC’s ranking model. Past performance is no guarantee of future results.

SFC’s proprietary 529 performance rankings are published quarterly and show best- to worst-performance results for both direct-sold and advisor-sold plans. The 529 Plan Composite Rankings are based on a comparison of the historical investment performances of a representative selection of each 529 plan’s investment options. Plans are ranked based on the weighted average performance of seven asset allocation categories (100% Equity, 80% Equity, 60% Equity, 40% Equity, 20% Equity, 100% Fixed, and 100% Short Term) for the one, three, and five-year periods ending 3/31/12.

For more information, please visit savingforcollege.com. Results publisher is JFH Innovative, LLC.

*Contributions to the plan in a tax year are deductible from Missouri state income tax up to certain limits, but may be subject to recapture in subsequent years if you make a nonqualified withdrawal.

** Earnings on nonqualified withdrawals may be subject to federal income tax and a 10% federal penalty tax, as well as state and local income taxes. The availability of tax or other benefits may be contingent on meeting other requirements.

If you are not a Missouri 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.

For more information about MOST - Missouri's 529 Advisor Plan, contact your financial advisor, call 1-800-617-5097, or visit most529advisor.com to obtain a Plan Description. Investment objectives, risks, charges, expenses, and other important information are included in the Plan Description; read and consider it carefully before investing. DWS Investments Distributors, Inc., serves as Distributor.

The Missouri Higher Education Savings Program (the "Program Trust") is a trust created by the State of Missouri. When you invest in MOST - Missouri's 529 Advisor Plan (the "MOST 529 Advisor Plan" or the "Plan"), you are purchasing portfolio units issued by the Program Trust. Portfolio units are municipal securities. The MOST 529 Advisor Plan has been implemented and is administered by the Missouri Higher Education Savings Program Board (the "Board"). Upromise Investments, Inc., and Upromise Investment Advisors, LLC, serve as the Program Manager and Recordkeeping and Servicing Agent, respectively, with overall responsibility for the day-to-day operations. The Plan's portfolios, although they invest in mutual funds, are not mutual funds. DWS Investments Distributors, Inc. is responsible for marketing and distribution of the MOST 529 Advisor Plan. American Century Investment Management, Inc.; BlackRock Fund Advisors; BlackRock Institutional Trust Company, N.A.; Capital Research and Management Company; Columbia Management Investment Advisers, LLC, and its affiliates; Deutsche Investment Management Americas Inc.; Invesco Advisers, Inc.; Pacific Investment Management Company LLC (PIMCO); Scout Investments, Inc.; T. Rowe Price Associates, Inc.; and Templeton Global Advisors Limited provide underlying investments for the MOST 529 Advisor Plan.

Investment returns are not guaranteed, and you could lose money by investing in the MOST 529 Advisor Plan. Participants assume all investment risks, including the potential for loss of principal, as well as responsibility for any federal and state tax consequences.

Not FDIC-Insured. No Bank, State, or Federal Guarantee. May Lose Value.