All investments are subject to risk. Diversification does not ensure a profit or protect against a loss in a declining market. An investment in a mutual fund is subject to risk similar to those of its underlying securities. Investments in bond funds are subject to interest rate, credit, and inflation risk. Prices of mid- and small-cap stocks often fluctuate more than those of large company stocks. Foreign investing involves additional risks, including currency fluctuations and political uncertainty. Stocks of companies in emerging markets are generally more risky than stocks of companies in developed countries.

Before investing in a mutual fund, be sure to carefully consider the fund's objectives, risks, charges, and expenses. For a prospectus containing this and other important information, please contact your financial advisor. Please read the prospectus carefully before investing.