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Investment Risk Disclosures
Investment Risk Disclosures

Consider the investment objectives, risks and charges and expenses of the investment High-Yield Bonds: The investor should note that funds that invest in lower- rated debt
company carefully before investing. The prospectus contains this and other information securities (commonly referred to as junk bonds) involve additional
about the investment company. Please contact your advisor for the most recent prospectus. risks because of the lower credit quality of the securities in the portfolio. The investor
Prospectus should be read carefully before investing. should be aware of the possible higher level of volatility, and increased risk of default.

International/Emerging Markets: The investor should note that funds that invest in Bond/Fixed Income Funds: The investor should note that funds that invest in bonds
international securities involve special additional risks. These risks include, but are not (fixed income securities), including government, corporate and mortgage- backed
limited to, currency risk, political risk, and risk associated with varying accounting standards. securities, involve additional risks. Interest rate risk may cause bonds to lose their value.
Investing in emerging markets may accentuate these risks. The investor should be aware that it is possible in a rising rate environment for
investment grade bond strategies to lose value and experience negative returns over
Sector Funds: The investor should note that funds that invest exclusively in one sector or certain time periods.
industry involve additional risks. The lack of industry diversification subjects the investor to
increased industry-specific risks. Stable Value Funds: The investor should note that these funds invest in short to
intermediate term securities that can and may lose value. These funds, while managed to
Non-Diversified Funds: The investor should note that funds that invest more of their protect principal, do not guarantee the investor’s principal, nor are they insured or
assets in a single issuer involve additional risks, including share price fluctuations, because guaranteed by the FDIC or any other government agency.
of the increased concentration of investments.
Money Market Funds: The investor should note that these funds invest in short term
Small-Cap Stocks: The investor should note that funds that invest in stocks of small cap securities that can and may lose value. These funds, while managed to protect principal,
companies involve additional risks. Smaller companies typically have a higher risk of failure, do not guarantee the investor’s principal, nor are they insured or guaranteed by the FDIC
and are not as well established as larger blue-chip companies. Historically, smaller- or any other government agency.
company stocks have experienced a greater degree of market volatility than the overall
market average. Guaranteed Investment Contract (GIC): Contract that guarantees the repayment of
principal and a fixed or floating rate over a specified period of time. The guarantee is
Mid-Cap Stocks: The investor should note that funds that invest in companies with market backed by the provider, typically an insurance company.
capitalization below $10 billion involve additional risks. The securities of these companies
may be more volatile and less liquid than the securities of larger companies.

Data provided by Morningstar, Inc. The information in this report is (1) proprietary to MPI, Retirement Plan Advisory Group, and/or its content providers; (2) may not be copied or
redistributed; and (3) is not warranted to be accurate, complete or timely.

Contact your advisor with any questions about this report or for the most current month-end performance.

The information presented within this market commentary is intended for informational purposes only and cannot be guaranteed. Please direct all questions and comments concerning this
report to your advisor.

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