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Market Minute
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There is no assurance that these mutual funds
will achieve their investment objectives. The funds are subject to
market risk, which is the possibility that the market values of the
securities owned by the funds will decline and the value of each fund's
shares may therefore be less than what you paid for them. Accordingly,
you can lose money investing in these funds. Please be aware that these
funds are subject to certain additional risks, including those
associated with:
Allocation risk: Each fund's ability to achieve its investment
objective depends upon the investment adviser's analysis of
macroeconomic trends and asset class valuations and its ability to
select the appropriate mix of Underlying funds. There is risk that the
investment adviser's evaluations and assumptions regarding macroeconomic
trends, asset class valuations and selected Underlying funds may be
incorrect in view of actual market conditions.
Risks of investing in the underlying funds: Each of the underlying
funds in which the funds invest has its own investment risks, and those
risks can affect the value of the Underlying funds' shares and therefore
the value of the funds' investments. In addition, there is no guarantee
that the Underlying funds will achieve their respective investment
objectives. The Underlying funds are subject to certain additional
risks, including: Equity funds: market risk, style-specific risk, sector
risk, capitalization risk, income risk. Fixed Income funds: market risk,
credit risk, income risk, call/prepayment risk, extension risk. Equity
and Fixed Income funds: foreign risks, risks of using derivative
instruments, non-diversification risk and manager risk.
Please see the
funds’ prospectus for additional information.
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