Portfolio Overview

The Portfolio seeks growth of capital and low to moderate current income.

The Portfolio invests in a targeted mix of stock and bond mutual funds that represent various asset classes and sectors.

U.S. Equities 36%
International Equities 20%
Real Assets 4%
Fixed Income 40%
Real AssetsInternational Equity
U.S. EquityFixed Income
Money Market

The Underlying Mutual Funds

Fund Percent
Fixed Income
PIMCO Short-Term Fund 6%
Fidelity Advisor Investment Grade Bond Fund 9%
PGIM Total Return Bond Fund 11%
American Century Short Duration Inflation Protection Bond Fund 4%
BlackRock High Yield Bond Fund 6%
AB Global Bond Fund 4%
Real Assets
Principal Global Real Estate Securities Fund 2.5%
Parametric Commodity Strategy Fund 1.5%
Fund Percent
U.S. Equity
DFA U.S. Large Cap Value Portfolio 7.5%
Northern Funds Stock Index Fund 14%
T. Rowe Price Instl. Large-Cap Growth Fund 7.5%
Northern Funds Mid Cap Index Fund 4%
Northern Funds Small Cap Value Fund 1.5%
T. Rowe Price Integrated U.S. Small-Cap Growth Equity Fund 1.5%
International Equity
Northern Funds International Equity Index Fund 6%
Neuberger Berman International Select Fund 7.5%
DFA International Small Company Portfolio 2.5%
Vanguard Emerging Markets Select Stock Portfolio 4%

Portfolio Performance1

As of April 30, 2024

 Average Annual Total Returns w/ Sales Charge (%)1 
Fee StructureYTD3 Mo1 Yr3 Yrs5 YrsLifetimeExp.
Ratio2
Inception
Date
B-3.33-3.423.89-0.604.004.791.719/28/16
Fee Structure B Accounts are subject to a contingent deferred sales charge ranging from 0.50% to 5.00%. For complete details visit with your investment professional or review “Exhibit D – Fee Structure B Information” in the Program Disclosure Statement. Fee Structure B Performance

Underlying Mutual Fund Performance3

As of 12/31/2023

 Average Annual Total Returns (%)3 
Fixed Income FundsExpense
Ratio
TickerQTRYTD1 Yr3 Yrs5 Yrs10 Yrs or Life of FundInception
Date
PIMCO Short-Term Fund
Fact Sheet, Prospectus, Annual Report
0.45PTSHX1.426.086.081.962.272.0210/7/87
Fidelity Advisor Investment Grade Bond Fund
Fact Sheet, Prospectus, Annual Report
0.36FIKQX6.906.726.72-2.852.082.318/6/71
PGIM Total Return Bond 529 Portfolio
Fact Sheet, Prospectus, Annual Report
0.39PTRQX7.167.787.78-3.201.732.6612/27/10
American Century Short-Duration Inflation-Protection Bond Fund
Fact Sheet, Prospectus, Annual Report
0.43APISX2.964.104.102.203.351.955/31/05
BlackRock High Yield Bond Fund
Fact Sheet, Prospectus, Annual Report
0.60BHYIX6.8213.5613.562.505.614.5511/19/98
AB Global Bond Fund
Fact Sheet, Prospectus, Annual Report
0.51ANAZX6.766.986.98-2.181.152.3010/15/13
 Average Annual Total Returns (%)3 
Real Estate FundExpense
Ratio
TickerQTRYTD1 Yr3 Yrs5 Yrs10 Yrs or Life of FundInception
Date
Principal Global Real Estate Securities Fund
Fact Sheet, Prospectus, Annual Report
0.88PGRSX15.7510.9110.910.123.794.6911/25/14
 Average Annual Total Returns (%)3 
Domestic Equity FundsExpense
Ratio
TickerQTRYTD1 Yr3 Yrs5 Yrs10 Yrs or Life of FundInception
Date
DFA U.S. Large Cap Value Portfolio
Fact Sheet, Prospectus, Annual Report
0.21DFLVX9.0711.4711.4710.3910.908.332/19/93
Northern Funds Stock Index Fund
Fact Sheet, Prospectus, Annual Report
0.05NOSIX11.6826.2026.209.9015.5711.9210/7/96
T. Rowe Price Large-Cap Growth Fund
Fact Sheet, Prospectus, Annual Report
0.55TRLGX14.2646.2146.215.2915.9213.9910/31/01
Northern Funds Mid Cap Index Fund
Fact Sheet, Prospectus, Annual Report
0.10NOMIX11.6116.3116.317.9512.469.113/22/05
Northern Funds Small Cap Value Fund
Fact Sheet, Prospectus, Annual Report
0.10NOSGX13.9916.8316.832.129.776.999/3/99
T. Rowe Price Integrated U.S. Small-Cap Growth Equity Fund
Fact Sheet, Prospectus, Annual Report
0.66TQAIX12.7121.3521.351.6711.619.143/23/16
 Average Annual Total Returns (%)3 
International Equity FundsExpense
Ratio
TickerQTRYTD1 Yr3 Yrs5 Yrs10 Yrs or Life of FundInception
Date
Northern Funds International Equity Index Fund
Fact Sheet, Prospectus, Annual Report
0.50NOINX10.1218.9518.956.507.443.094/1/94
Neuberger Berman International Select Fund
Fact Sheet, Prospectus, Annual Report
0.81NILIX10.6314.6514.650.718.324.5610/6/06
DFA International Small Company Portfolio
Fact Sheet, Prospectus, Annual Report
0.39DFISX10.7514.4314.432.718.024.949/30/96
Vanguard Emerging Markets Select Stock Fund
Fact Sheet, Prospectus, Annual Report
0.78VMMSX6.1210.5810.58-3.684.672.986/27/11
 Average Annual Total Returns (%)3 
Commodities FundExpense
Ratio
TickerQTRYTD1 Yr3 Yrs5 Yrs10 Yrs or Life of FundInception
Date
Parametric Commodity Strategy Fund
Fact Sheet, Prospectus, Annual Report
0.65EIPCX-3.49-4.69-4.6913.3011.422.355/25/11