Savings Board of Directors Board Meeting Minutes
The Board meeting included reports on the Alabama ABLE Savings Plan, covering quarterly updates on assets under management, account statistics, asset allocation, manager performance, and marketing efforts. The CollegeCounts 529 section included reviews of program budgets, scholarship numbers, and quarterly statistics regarding active accounts, assets, contributions, and investment performance for both Direct and Advisor plans. The Board also reviewed and approved recommendations for the investment Watch List, including commentary on personnel changes within investment management firms.