California ScholarShare 529 Plan Strengthens Performance and Reduces Fossil Fuel Exposure with New Vanguard Fund Selection

“The ScholarShare Investment Board has a responsibility to ensure California families have access to strong, affordable, and well-diversified investment options,” said California State Treasurer and Chair of the SIB Fiona Ma, CPA. “This update reflects the Board’s careful, data-driven review of performance, fees, and long-term risk, resulting in an investment choice that strengthens ScholarShare 529’s competitiveness while supporting California’s broader efforts to reduce reliance on fossil fuels, all while maintaining rigorous fiduciary standards.”