You might consider a MyDestination Fund™ if:

• You are looking for a simple solution — one-stop investing.
• You want professional management with automatic asset rebalancing.
• You want a diversified portfolio that gradually adjusts as your retirement date approaches.

Simply choose the Fund with the date that is closest to when you plan to retire and your portfolio will be adjusted regularly over time in an effort to meet your objectives up to and during retirement. Then, make consistent and appropriate retirement contributions throughout your career. Conventional wisdom says you should set aside at least 10 to 15% of your annual pre-tax income for retirement (including employer match).

*The MyDestination 2005 Fund will continue to gradually increase its investment allocations in fixed-income securities until 15 years after the target retirement year (2005), at which time, all remaining assets will be transferred to the Flexible Income Fund in the year 2020.

Financial experts agree that when you are younger, you are better suited to place a greater emphasis on stocks in your retirement portfolio. On the other hand, as you approach retirement, more emphasis should be placed on the protection of your accumulated assets and a more conservative approach to investing should be adopted. By selecting a MyDestination Fund™, you can make sure your portfolio automatically adjusts its allocation among stocks, bonds and cash investments over time, trending toward a more conservative mix as your retirement nears.

• The Funds, primarily through investments in the Select Funds, are managed to a specific retirement year by adjusting the percentage of fixed-income securities and the percentage of equity securities to become more conservative each year. This investment strategy is employed for 15 years beyond each Fund’s target date.
  
• The strategy is to pursue the maximum amount of capital growth, consistent with a reasonable amount of risk during a shareholder’s pre-retirement and early retirement years, and to adjust the Fund’s asset allocation to increase exposure to investments in more conservative fixed-income securities and short-term bonds during a shareholder’s later retirement years.
  
• Fifteen years after the target retirement year, the Fund’s assets will be transferred to the Flexible Income Fund at which time the Fund will seek current income and modest capital appreciation. For instance, an investor choosing the MyDestination 2005 Fund will have all remaining assets in the fund transferred to the Flexible Income Fund in the year 2020.