Monthly Performance

Fee Structure:

Age-Based Portfolios As of July 31, 2019	YTD Returns at NAV (%)¹	Average Annual Total Returns at NAV (%)¹				Inception Date	Max Sales Charge	Expense Ratio (%)²
Age-Based Portfolios As of July 31, 2019	YTD Returns at NAV (%)¹	1 Yr	3 Yrs	5 Yrs	Lifetime	Inception Date	Max Sales Charge	Expense Ratio (%)²
Age-Based Aggressive
Ages 0-2	11.63	-2.72	n/a	n/a	7.95	9/28/16	3.50%	1.12
Ages 3-5	10.60	-2.11	n/a	n/a	7.46	9/28/16	3.50%	1.11
Ages 6-8	9.71	-1.70	n/a	n/a	6.91	9/28/16	3.50%	1.13
Ages 9-10	8.42	-1.31	n/a	n/a	5.89	9/28/16	3.50%	1.14
Ages 11-12	7.56	-0.74	n/a	n/a	5.41	9/28/16	3.50%	1.14
Ages 13-14	6.82	0.03	n/a	n/a	4.99	9/28/16	3.50%	1.13
Ages 15-16	5.47	0.17	n/a	n/a	4.08	9/28/16	3.50%	1.14
Ages 17-18	4.12	0.12	n/a	n/a	3.23	9/28/16	3.50%	1.12
Ages 19+	2.68	0.23	n/a	n/a	2.44	9/28/16	3.50%	1.08
Age-Based Moderate
Ages 0-2	10.60	-2.11	n/a	n/a	7.46	9/28/16	3.50%	1.11
Ages 3-5	9.71	-1.70	n/a	n/a	6.91	9/28/16	3.50%	1.13
Ages 6-8	8.42	-1.31	n/a	n/a	5.89	9/28/16	3.50%	1.14
Ages 9-10	7.56	-0.74	n/a	n/a	5.41	9/28/16	3.50%	1.14
Ages 11-12	6.82	0.03	n/a	n/a	4.99	9/28/16	3.50%	1.13
Ages 13-14	5.47	0.17	n/a	n/a	4.08	9/28/16	3.50%	1.14
Ages 15-16	4.12	0.12	n/a	n/a	3.23	9/28/16	3.50%	1.12
Ages 17-18	2.68	0.23	n/a	n/a	2.44	9/28/16	3.50%	1.08
Ages 19+	1.10	0.03	n/a	n/a	1.40	9/28/16	3.50%	1.02
Age-Based Conservative
Ages 0-2	9.71	-1.70	n/a	n/a	6.91	9/28/16	3.50%	1.13
Ages 3-5	8.42	-1.31	n/a	n/a	5.89	9/28/16	3.50%	1.14
Ages 6-8	7.56	-0.74	n/a	n/a	5.41	9/28/16	3.50%	1.14
Ages 9-10	6.82	0.03	n/a	n/a	4.99	9/28/16	3.50%	1.13
Ages 11-12	5.47	0.17	n/a	n/a	4.08	9/28/16	3.50%	1.14
Ages 13-14	4.12	0.12	n/a	n/a	3.23	9/28/16	3.50%	1.12
Ages 15-16	2.68	0.23	n/a	n/a	2.44	9/28/16	3.50%	1.08
Ages 17-18	1.10	0.03	n/a	n/a	1.40	9/28/16	3.50%	1.02
Ages 19+	-1.32	-1.04	n/a	n/a	-0.10	9/28/16	3.50%	0.93