Age-Based Moderate Ages 6-8

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	42%
International Equities	23%
Real Assets	5%
Fixed Income	30%

Real AssetsInternational Equity
U.S. EquityFixed Income
Money Market

The Underlying Mutual Funds

Fund	Percent
Fixed Income
Fidelity Advisor Investment Grade Bond Fund	8%
PGIM Total Return Bond Fund	10%
American Century Short Duration Inflation Protection Bond Fund	4%
BlackRock High Yield Bond Fund	5%
AB Global Bond Fund	3%
Real Assets
Principal Global Real Estate Securities Fund	3%
Credit Suisse Commodity Return Strategy Fund	2%

Fund	Percent
U.S. Equity
DFA U.S. Large Cap Value Portfolio	8.5%
Northern Funds Stock Index Fund	17%
T. Rowe Price Instl. Large-Cap Growth Fund	8.5%
Northern Funds Mid Cap Index Fund	4%
Northern Funds Small Cap Value Fund	2%
T. Rowe Price QM U.S. Small-Cap Growth Equity Fund	2%
International Equity
Northern Funds International Equity Index Fund	7%
Neuberger Berman International Select Fund	9%
DFA International Small Company Portfolio	3%
Vanguard Emerging Markets Select Stock Portfolio	4%

Portfolio Performance¹

at NAV

w/ sales charge

As of August 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	-15.07	-5.03	-14.13	5.18	4.74	5.82	0.95	9/28/16
C	-15.20	-5.03	-14.30	4.91	4.49	5.56	1.20	9/28/16
F	-14.93	-4.89	-13.90	5.44	5.01	6.08	0.70	9/28/16

Fee Structure B Performance

Underlying Mutual Fund Performance³

As of 3/31/2022

					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
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
Northern Funds Small Cap Value Fund Fact Sheet, Prospectus, Annual Report	1.00	NOSGX	-2.82	-2.82	3.29	9.44	6.25	9.47	4/1/94
T. Rowe Price QM U.S. Small-Cap Growth Equity Fund Fact Sheet, Prospectus, Annual Report	0.65	TQAIX	-11.59	-11.59	-5.45	11.48	11.67	12.64	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	0.24	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
DFA International Small Company Portfolio Fact Sheet, Prospectus, Annual Report	0.39	DFISX	n/a	n/a	-0.12	9.31	6.81	7.67	9/30/96
Vanguard Emerging Markets Select Stock Fund Fact Sheet, Prospectus, Annual Report	0.84	VMMSX	-7.25	-7.25	-13.09	4.80	5.86	3.91	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	0.80	CRSOX	25.57	25.57	50.74	17.00	9.27	-0.62	12/30/04