Age-Based Conservative Ages 13-14

Portfolio Overview

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

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

U.S. Equities	19%
International Equities	9%
Real Assets	2%
Fixed Income	70%

Real AssetsInternational Equity
U.S. EquityFixed Income
Money Market

The Underlying Mutual Funds

Fund	Percent
Fixed Income
PIMCO Short-Term Fund	22%
Northern Funds Bond Index Fund	13%
MainStay MacKay Total Return Bond Fund	12%
American Century Short Duration Inflation Protection Bond Fund	13%
Touchstone High Yield Fund	5%
Templeton International Bond Fund	5%
Real Assets
Principal Global Real Estate Securities Fund	1%
Credit Suisse Commodity Return Strategy Fund	1%

Fund	Percent
U.S. Equity
DFA U.S. Large Cap Value Portfolio	4%
Northern Funds Stock Index Fund	7%
T. Rowe Price Instl. Large-Cap Growth Fund	4%
Northern Funds Mid Cap Index Fund	2%
Northern Funds Small Cap Value Fund	1%
T. Rowe Price QM U.S. Small-Cap Growth Equity Fund	1%
International Equity
Northern Funds International Equity Index Fund	4%
Neuberger Berman International Select Fund	4%
Vanguard Emerging Markets Select Stock Portfolio	1%

Portfolio Performance¹

at NAV

w/ sales charge

As of March 31, 2020

			Average Annual Total Returns at NAV (%)¹
Fee Structure	YTD	3 Mo	1 Yr	3 Yrs	5 Yrs	Lifetime	Exp. Ratio²	Inception Date
A	-8.13	-8.13	-2.89	1.44	n/a	2.06	1.12	9/28/16
C	-8.19	-8.19	-3.09	1.22	n/a	1.81	1.37	9/28/16
F	-8.07	-8.07	-2.70	1.69	n/a	2.30	0.87	9/28/16

Fee Structure B Performance

Underlying Mutual Fund Performance³

As of 12/31/2019

					Average Annual Total Returns (%)³
Fixed Income Funds	Expense Ratio	Ticker	QTR	YTD	1 Yr	3 Yrs	5 Yrs	10 Yrs or Life of Fund^†	Inception Date
PIMCO Short-Term Fund Fact Sheet, Prospectus, Annual Report	0.45	PTSHX	0.42	2.73	2.73	2.22	2.12	1.81	10/7/87
Northern Funds Bond Index Fund Fact Sheet, Prospectus, Annual Report	0.15	NOBOX	0.13	8.62	8.62	3.91	2.90	3.57	2/27/07
MainStay MacKay Total Return Bond Fund Fact Sheet, Prospectus, Annual Report	0.60	MTMIX	0.27	9.38	9.38	4.17	3.14	4.32	1/2/91
American Century Short-Duration Inflation-Protection Bond Fund Fact Sheet, Prospectus, Annual Report	0.37	APISX	1.10	4.94	4.94	2.06	1.86	2.36	5/31/05
Touchstone High Yield Fund Fact Sheet, Prospectus, Annual Report	0.72	THIYX	2.83	10.90	8.40	6.66	3.59	7.69	1/27/12
Templeton International Bond Fund Fact Sheet, Prospectus, Annual Report	0.83	FIBZX	n/a	2.43	2.43	2.34	1.61	2.99	12/3/07
					Average Annual Total Returns (%)³
Real Estate Fund	Expense Ratio	Ticker	QTR	YTD	1 Yr	3 Yrs	5 Yrs	10 Yrs or Life of Fund^†	Inception Date
Principal Global Real Estate Securities Fund Fact Sheet, Prospectus, Annual Report	0.88	PGRSX	n/a	24.85	24.85	11.45	7.12	10.58	10/1/07
					Average Annual Total Returns (%)³
Domestic Equity Funds	Expense Ratio	Ticker	QTR	YTD	1 Yr	3 Yrs	5 Yrs	10 Yrs or Life of Fund^†	Inception Date
DFA U.S. Large Cap Value Portfolio Fact Sheet, Prospectus, Annual Report	0.27	DFLVX	n/a	25.45	25.45	9.66	8.63	12.75	2/19/93
Northern Funds Stock Index Fund Fact Sheet, Prospectus, Annual Report	0.10	NOSIX	9.03	31.35	31.35	15.15	11.59	13.41	10/7/96
T. Rowe Price Large-Cap Growth Fund Fact Sheet, Prospectus, Annual Report	0.56	TRLGX	10.00	28.49	28.49	22.70	15.90	16.04	10/31/01
Northern Funds Mid Cap Index Fund Fact Sheet, Prospectus, Annual Report	0.15	NOMIX	6.89	25.93	25.93	9.07	8.84	12.50	3/22/05
Northern Funds Small Cap Value Fund Fact Sheet, Prospectus, Annual Report	1.00	NOSGX	6.71	22.27	22.27	3.95	6.50	10.93	4/1/94
T. Rowe Price QM U.S. Small-Cap Growth Equity Fund Fact Sheet, Prospectus, Annual Report	0.66	TQAIX	8.66	32.93	32.93	14.88	11.58	15.32	6/30/97
					Average Annual Total Returns (%)³
International Equity Funds	Expense Ratio	Ticker	QTR	YTD	1 Yr	3 Yrs	5 Yrs	10 Yrs or Life of Fund^†	Inception Date
Northern Funds International Equity Index Fund Fact Sheet, Prospectus, Annual Report	0.25	NOINX	7.84	21.98	21.98	9.64	5.71	5.38	3/22/05
Neuberger Berman International Select Fund Fact Sheet, Prospectus, Annual Report	0.81	NILIX	9.62	26.48	26.48	11.19	6.42	6.32	10/6/06
Vanguard Emerging Markets Select Stock Fund Fact Sheet, Prospectus, Annual Report	0.94	VMMSX	12.10	21.39	21.39	11.91	6.77	3.34	6/27/11
					Average Annual Total Returns (%)³
Commodities Fund	Expense Ratio	Ticker	QTR	YTD	1 Yr	3 Yrs	5 Yrs	10 Yrs or Life of Fund^†	Inception Date
Credit Suisse Commodity Return Strategy Fund Fact Sheet, Prospectus, Annual Report	0.78	CRSOX	4.48	6.99	6.99	-1.29	-4.10	-4.80	12/30/04