| Fund Performance at Net Asset Value (NAV) Month Ended 07/31/2015 | Quarter Ended 06/30/2015 |
||||||||
|---|---|---|---|---|---|---|---|---|
| Fund | 1 Month | Quarter | Year-To-Date | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception |
| Growth and Income Portfolio - Class A | 0.41 | -0.53 | 1.54 | 4.51 | 12.39 | 10.00 | — | 8.77 |
| Growth and Income Portfolio - Institutional Class | 0.49 | -0.41 | 1.82 | 4.82 | 12.78 | 10.31 | — | 9.05 |
| Growth and Income Portfolio - Class C | 0.33 | -0.72 | 1.20 | 3.79 | 11.56 | 9.17 | — | 7.93 |
| 55% S&P 500 / 25% MSCI EAFE (Net) / 20% Barclays U.S. Aggregate | 1.81 | 0.31 | 3.95 | 6.67 | 13.03 | 11.68 | 6.69 | 10.19 |
| Lipper Mixed-Asset Target Allocation Growth Funds Index | 1.04 | 0.01 | 3.01 | 5.79 | 11.86 | 10.76 | 6.45 | 9.60 |
| Growth and Income Portfolio - Class A | -1.85 | -0.30 | 1.13 | 2.09 | 12.64 | 11.02 | — | 8.83 |
| Growth and Income Portfolio - Institutional Class | -1.81 | -0.27 | 1.32 | 2.32 | 13.01 | 11.31 | — | 9.10 |
| Growth and Income Portfolio - Class C | -1.89 | -0.41 | 0.87 | 1.37 | 11.81 | 10.18 | — | 8.00 |
| 55% S&P 500 / 25% MSCI EAFE (Net) / 20% Barclays U.S. Aggregate | -1.99 | -0.02 | 2.10 | 3.42 | 12.85 | 12.68 | 6.78 | 10.00 |
| Lipper Mixed-Asset Target Allocation Growth Funds Index | -1.59 | -0.06 | 1.95 | 3.22 | 11.94 | 11.74 | 6.57 | 9.55 |
| Fund Performance after Sales Charge | ||||||||
|---|---|---|---|---|---|---|---|---|
| Fund | 1 Month | Quarter | Year-To-Date | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception |
| Growth and Income Portfolio - Class A (Load) | -5.13 | -5.98 | -4.06 | -1.21 | 10.28 | 8.77 | — | 7.67 |
| Growth and Income Portfolio - Class C (CDSC) | -0.68 | -1.71 | 0.18 | 2.75 | — | — | — | — |
| Growth and Income Portfolio - Class A (Load) | -7.25 | -5.80 | -4.45 | -3.54 | 10.54 | 9.78 | — | 7.72 |
| Growth and Income Portfolio - Class C (CDSC) | -2.87 | -1.41 | -0.14 | 0.36 | — | — | — | — |
Performance data quoted represent past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.
Sales Charge Disclosure
A 1.00% CDSC (contingent deferred sales charge) may be charged on any shares sold within 1-year of purchase over $1 million. POP (public offering price) reflects the maximum sales load for the Fund's A Class Shares of 5.50%.
NAV (net asset value) performance does not reflect the deduction of the sales load and if reflected, the sales load would reduce the performance quoted.
A 1.00% CDSC (contingent deferred sales charge) may be charged on shares sold redeemed within 1-year of purchase. NAV ( net asset value) performance does not reflect the deduction of the CDSC and if reflected, the fee would reduce the performance quoted.
Effective 5/1/2015, total Growth and Income Portfolio operating expenses, net of fee waivers, reimbursements and acquired fund fees and expenses, are 1.02%, 0.77% and 1.77% for Class A, Institutional Class and Class C, respectively. Total Growth and Income Portfolio operating expenses, gross of any fee waivers or reimbursements, are 3.42%, 3.18% and 4.18% for Class A, Institutional Class and Class C, respectively. The Adviser has agreed contractually to reimburse a portion of each Fund’s expenses until at least December 31, 2016.
| Net Asset Values - 09/04/2015 | N.A.V | % Change |
|---|---|---|
| Growth and Income Portfolio - Class A | $11.49 | -1.20% |
| Growth and Income Portfolio - Institutional Class | $11.52 | -1.29% |
| Growth and Income Portfolio - Class C | $11.40 | -1.30% |
| Lipper Rankings as of 07/31/2015 |
1 Year | 3 Year | 5 Year | Since Inception | |
|---|---|---|---|---|---|
| Growth and Income Portfolio - Class A Share | Percentile Rank | 66 | 19 | 55 | 60 |
| Growth and Income Portfolio - Class A Share | Prime Rank | 335 | 94 | 250 | 270 |
| Growth and Income Portfolio - Class A Share | Number In Peer Group | 515 | 498 | 456 | 450 |
| Growth and Income Portfolio - Institutional Class | Percentile Rank | 62 | 13 | 46 | 49 |
| Growth and Income Portfolio - Institutional Class | Prime Rank | 316 | 62 | 207 | 220 |
| Growth and Income Portfolio - Institutional Class | Number In Peer Group | 515 | 498 | 456 | 450 |
| Growth and Income Portfolio - Class C Share | Percentile Rank | 75 | 40 | 78 | 80 |
| Growth and Income Portfolio - Class C Share | Prime Rank | 382 | 198 | 355 | 359 |
| Growth and Income Portfolio - Class C Share | Number In Peer Group | 515 | 498 | 456 | 450 |
Lipper Rankings are based on total returns
Emerging market and international investments involve risk of capital loss from unfavorable fluctuations in currency values, differences in generally accepted accounting principles, economic or political instability in other nations or increased volatility and lower trading volume.
Notes About Inception Date
Inception date is January 4, 2010.
About the Index
The Blended Index is comprised of 55% S&P 500 Index, 25% MSCI EAFE (Net) Index and 20% Barclays U.S. Aggregate Bond Index. The S&P 500 Index is an unmanaged index of large capitalization common stocks. The Barclays U.S. Aggregate Bond Index represents securities that are U.S. domestic, taxable and dollar denominated. The index covers the U.S. investment grade fixed rate bond market, with index components for government and corporate securities and asset-backed securities.
The Lipper Mixed-Asset Target Allocation Growth Funds Index tracks the results of the 30 largest mutual funds in the Lipper Mixed-Asset Target Allocation Growth Funds Average, which is a total return performance average of mutual funds tracked by Lipper, Inc. whose primary objective is to conserve principal by maintaining, at all times, a balanced portfolio of both stocks and bonds. The Lipper Mixed-Asset Target Allocation Growth Funds Index is not what is typically considered to be an “index” because it tracks the performance of other mutual funds rather than changes in the value of a group of securities, a securities index or some other traditional economic indicator.
Investors cannot invest directly in any index.
About Ratings and Rankings
Lipper rankings are based on total returns (not including sales charges) for the periods indicated and compare total return performance with that of other funds in the category.