Transcription of SUPPLEMENT NO. 2 DATED AUGUST 8, 2017, TO …
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SUPPLEMENT NO. 2 DATED AUGUST 8, 2017, TO …
The Treasurer of The State of Connecticut, Administrator and Trustee TIAA-CREF Tuition Financing, Inc., Direct Plan Manager TIAA-CREF Individual & Institutional Services, LLC, Distributor/Underwriter A40102 SUPPLEMENT NO. 2 DATED AUGUST 8, 2017, TO THE CONNECTICUT HIGHER EDUCATION TRUST DIRECT PLAN DISCLOSURE BOOKLET DATED MARCH 31, 2015 This SUPPLEMENT No. 2 provides new and additional information beyond that contained in the March 31, 2015 Plan Disclosure Booklet and Participation Agreement, as supplemented (the Disclosure Booklet ), of the Direct Plan of the Connecticut Higher Education Trust (the Direct Plan ). It should be retained and read in conjunction with the Disclosure Booklet. I. OVERVIEW OF THE DIRECT PLAN The first bullet point in the row labeled Direct Plan Fees on page 3 of the Disclosure Booklet is deleted and replaced with the following: to the Direct Plan Manager, a plan management fee at the annual rate of of the average daily net assets of the Direct Plan (excluding any assets in the Principal Plus Interest Option); and II.
3 than the Principal Plus Interest Option) indirectly bears its pro rata share of the expenses of the mutual funds in which it invests as …
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