Age-Based Conservative Ages 17-18

Portfolio Overview

The Portfolio seeks growth of current income.

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

U.S. Equities	7%
International Equities	2%
Real Assets	1%
Fixed Income	67%
Money Market	23%

Real AssetsInternational Equity
U.S. EquityFixed Income
Money Market

The Underlying Mutual Funds

Fund	Percent
Money Market
State Street U.S. Government Money Market Fund	23%
Fixed Income
PIMCO Short-Term Fund	22%
Fidelity Advisor Investment Grade Bond Fund	11.5%
PGIM Total Return Bond Fund	13.5%
American Century Short Duration Inflation Protection Bond Fund	14%
BlackRock High Yield Bond Fund	3%
AB Global Bond Fund	3%
Real Assets
Principal Global Real Estate Securities Fund	1%

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

Portfolio Performance¹

at NAV

w/ sales charge

As of December 31, 2022

			Average Annual Total Returns at NAV (%)¹
Fee Structure	YTD	3 Mo	1 Yr	3 Yrs	5 Yrs	Lifetime	Exp. Ratio²	Inception Date
A	-6.86	1.95	-6.86	0.09	1.19	1.52	0.88	9/28/16

Fee Structure B Performance

Underlying Mutual Fund Performance³

As of 3/31/2022

					Average Annual Total Returns (%)³
Money Market Fund	Expense Ratio	Ticker	QTR	YTD	1 Yr	3 Yrs	5 Yrs	10 Yrs or Life of Fund^†	Inception Date
State Street U.S. Government Money Market Fund* Fact Sheet, Prospectus, Annual Report	0.12	GVMXX	0.01	0.01	0.03	0.66	1.00	0.54	10/25/07
					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	-1.06	-1.06	-1.31	1.10	1.54	1.59	10/7/87
Fidelity Advisor Investment Grade Bond Fund Fact Sheet, Prospectus, Annual Report	0.49	FIKQX	n/a	n/a	-3.52	2.80	2.87	2.80	8/6/71
PGIM Total Return Bond 529 Portfolio Fact Sheet, Prospectus, Annual Report	0.39	PTRQX	-6.51	-6.51	-3.29	2.20	2.94	3.50	12/27/10
American Century Short-Duration Inflation-Protection Bond Fund Fact Sheet, Prospectus, Annual Report	0.37	APISX	0.09	0.09	5.09	4.91	3.37	1.87	5/31/05
BlackRock High Yield Bond Fund Fact Sheet, Prospectus, Annual Report	0.58	BHYIX	-3.97	-3.97	0.74	4.96	4.87	5.91	11/19/98
AB Global Bond Fund Fact Sheet, Prospectus, Annual Report	0.50	ANAZX	-5.18	-5.18	-3.62	1.06	1.81	2.75	11/5/07
					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	0.87	PGRSX	-5.39	-5.39	11.86	6.80	8.62	8.52	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	0.22	DFLVX	-0.35	-0.35	11.24	12.83	10.07	12.33	2/19/93
Northern Funds Stock Index Fund Fact Sheet, Prospectus, Annual Report	0.10	NOSIX	-4.63	-4.63	15.51	18.79	15.86	14.52	10/7/96
T. Rowe Price Large-Cap Growth Fund Fact Sheet, Prospectus, Annual Report	0.56	TRLGX	-13.25	-13.25	3.09	18.67	20.00	17.03	10/31/01
Northern Funds Mid Cap Index Fund Fact Sheet, Prospectus, Annual Report	0.15	NOMIX	-4.92	-4.92	4.44	13.99	10.94	12.03	3/22/05
					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	0.24	NOINX	-6.77	-6.77	0.13	7.33	6.42	6.06	3/22/05
Neuberger Berman International Select Fund Fact Sheet, Prospectus, Annual Report	0.81	NILIX	-12.20	-12.20	-1.53	9.45	8.11	6.65	10/6/06