ETF Balanced Strategy

This portfolio is most likely suited for those seeking growth while maintaining a fixed income element in an effort to enhance stability of capital in a market downturn. However, in an effort to increase diversification and growth potential, a greater portion is invested in equities, ranging from small- to mid-cap growth and value-style funds, as well as large-cap equity and real estate funds.

* Investors should consider the investment objectives, risks, charges and expenses of an investment company carefully before investing. The prospectus contains this and other information about an investment company and is available from your financial advisor. The prospectus should be read carefully before investing.

Asset allocations current as of March 31, 2010, and are subject to change without notice and may include the addition, removal or substitution of one or more asset classes. High-yield (below investment grade) bonds are not suitable for all investors. There is an inverse relationship between interest rate movements and fixed income prices. Generally, when interest rates rise, fixed income prices fall and when interest rates fall, fixed income prices generally rise

International investing involves special risks, including currency fluctuations, different financial accounting standards, and possible political and economic volatility. Investing in emerging markets can be riskier than investing in well-established foreign markets. Investing involves risk and investors may incur a profit or a loss, including the loss of all principal.

Investing in small-cap stocks generally involves greater risks, and therefore, may not be appropriate for every investor.

Commodities trading is generally considered speculative because of the significant potential for investment loss. Commodities are volatile investments and should only form a small part of a diversified portfolio. Among the factors that could affect the value of the fund’s investments in commodities are cyclical economic conditions, sudden political events, and adverse international monetary policies. Markets for precious metals and other commodities are likely to be volatile and there may be sharp price fluctuations even during periods when prices overall are rising.

Specific sector investing such as real estate can be subject to different and greater risks than more diversified investments. Declines in the value of real estate, economic conditions, property taxes, tax laws and interest rates all present potential risks to real estate investments.

Diversification and asset allocation do not ensure a profit or protect against a loss.