Fee Structure: A B C F
Age-Based Portfolios
As of December 31, 2018
YTD Returns
at NAV (%)1
Average Annual Total Returns at NAV (%)1Inception
Date
Max Sales
Charge
Expense
Ratio (%)2
1 Yr3 Yrs5 YrsLifetime
Age-Based Aggressive
Ages 0-2-10.86-10.86n/an/a4.129/28/16--1.88
Ages 3-5-9.71-9.71n/an/a4.199/28/16--1.88
Ages 6-8-8.71-8.71n/an/a3.639/28/16--1.89
Ages 9-10-7.86-7.86n/an/a2.919/28/16--1.90
Ages 11-12-6.82-6.82n/an/a2.729/28/16--1.90
Ages 13-14-5.63-5.63n/an/a2.499/28/16--1.88
Ages 15-16-4.62-4.62n/an/a1.959/28/16--1.89
Ages 17-18-3.73-3.73n/an/a1.459/28/16--1.86
Ages 19+-2.46-2.46n/an/a1.109/28/16--1.83
Age-Based Moderate
Ages 0-2-9.71-9.71n/an/a4.199/28/16--1.88
Ages 3-5-8.71-8.71n/an/a3.639/28/16--1.89
Ages 6-8-7.86-7.86n/an/a2.919/28/16--1.90
Ages 9-10-6.82-6.82n/an/a2.729/28/16--1.90
Ages 11-12-5.63-5.63n/an/a2.499/28/16--1.88
Ages 13-14-4.62-4.62n/an/a1.959/28/16--1.89
Ages 15-16-3.73-3.73n/an/a1.459/28/16--1.86
Ages 17-18-2.46-2.46n/an/a1.109/28/16--1.83
Ages 19+-1.37-1.37n/an/a0.539/28/16--1.77
Age-Based Conservative
Ages 0-2-8.71-8.71n/an/a3.639/28/16--1.89
Ages 3-5-7.86-7.86n/an/a2.919/28/16--1.90
Ages 6-8-6.82-6.82n/an/a2.729/28/16--1.90
Ages 9-10-5.63-5.63n/an/a2.499/28/16--1.88
Ages 11-12-4.62-4.62n/an/a1.959/28/16--1.89
Ages 13-14-3.73-3.73n/an/a1.459/28/16--1.86
Ages 15-16-2.46-2.46n/an/a1.109/28/16--1.83
Ages 17-18-1.37-1.37n/an/a0.539/28/16--1.77
Ages 19+-0.30-0.30n/an/a-0.319/28/16--1.68
Target Portfolios
As of December 31, 2018
YTD Returns
at NAV (%)1
Average Annual Total Returns at NAV (%)1Inception
Date
Max Sales
Charge
Expense
Ratio (%)2
1 Yr3 Yrs5 YrsLifetime
Target Fund 100-10.86-10.865.043.227.348/2/10--1.88
Target Fund 80-8.71-8.714.592.836.268/2/10--1.89
Target Fund 60-6.82-6.823.732.275.078/2/10--1.90
Target Fund 40-4.62-4.623.071.913.948/2/10--1.89
Target Fund 20-2.46-2.461.971.232.508/2/10--1.83
Target Fixed Income Fund-0.30-0.30-0.07-0.40-0.058/2/10--1.68
Individual Portfolios
As of December 31, 2018
YTD Returns
at NAV (%)1
Average Annual Total Returns at NAV (%)1Inception
Date
Max Sales
Charge
Expense
Ratio (%)2
1 Yr3 Yrs5 YrsLifetime
Money Market 529 Portfolio
State Street U.S. Government Money Market 529 Portfolio*1.431.43n/an/a0.827/27/16--0.42
Fixed Income 529 Portfolios
PIMCO Short-Term 529 Portfolio0.290.290.980.590.498/2/10--1.68
Northern Funds Bond Index 529 Portfolio-1.53-1.530.430.941.078/2/10--1.55
Fidelity Advisor Investment Grade Bond 529 Portfolio-1.73-1.731.481.090.3310/10/12--1.90
MainStay Total Return Bond 529 Portfolio-2.60-2.601.25n/a0.3212/17/14--2.00
American Century Short-Duration Inflation-Protection Bond Fund 529 Portfolio-1.04-1.040.07-0.88-0.939/26/13--1.77
BlackRock Inflation Protected Bond 529 Portfolio-3.21-3.210.32-0.280.638/2/10--1.79
Touchstone High Yield 529 Portfolio-4.18-4.183.771.091.8810/10/12--2.12
Templeton International Bond 529 Portfolio0.730.732.48-0.74-0.4610/10/12--2.23
Balanced 529 Portfolio
T. Rowe Price Balanced 529 Portfolio-6.17-6.174.553.446.428/2/10--1.86
Real Estate 529 Portfolios
T. Rowe Price Real Estate 529 Portfolio-10.12-10.12-1.055.066.548/2/10--2.00
Voya Global Real Estate 529 Portfolio-9.85-9.85-1.031.102.1810/10/12--2.45
Domestic Equity 529 Portfolios
DFA U.S. Large Cap Value 529 Portfolion/an/an/an/a-12.802/6/18--1.67
Northern Funds Stock Index 529 Portfolio-5.84-5.847.606.8610.638/2/10--1.50
American Century Equity Growth 529 Portfolio-7.38-7.386.615.069.948/2/10--1.87
T. Rowe Price Large-Cap Growth 529 Portfolio2.872.8712.3410.5314.338/2/10--1.96
Northern Funds Mid Cap Index 529 Portfolio-12.46-12.466.004.379.488/2/10--1.56
William Blair Small Cap Value 529 Portfolio-16.97-16.973.261.166.828/2/10--2.65
Northern Funds Small Cap Index 529 Portfolio-12.40-12.405.792.838.718/2/10--1.55
T. Rowe Price QM U.S. Small-Cap Growth Equity 529 Portfolio-8.05-8.05n/an/a6.069/28/16--2.06
International Equity 529 Portfolios
Northern Funds International Equity Index 529 Portfolio-14.98-14.981.54-1.012.688/2/10--1.65
Neuberger Berman International Select 529 Portfolio-15.97-15.971.03-0.472.768/2/10--2.20
DFA International Small Company 529 Portfolio-20.55-20.552.120.565.2610/10/12--1.93
Lazard Emerging Markets Equity 529 Portfolio-19.19-19.196.62-2.06-0.288/2/10--2.48
Commodities
Credit Suisse Commodity Return Strategy 529 Portfolio -12.97-12.97-1.00-10.09-10.8210/10/12--2.18