Upcoming Fund Reset 20 Day Range Trending Rates (funds not yet available for purchase)
Upside Participation Funds
|Downside Strategy||Trending Equity Participation Rate Range1 [Current]3||Reset Month|
|Milliman 6-Month Buffered S&P 500 with Par Up Outcome Fund - Apr/Oct||10% Buffer|
|Milliman 6-Month Parred Down S&P 500 with Par Up Outcome Fund - Apr/Oct||50% Downside Participation|
|50% Downside Participation|
Stacker Cap Funds
|Buffer||Trending Equity Total Cap Range1 [Current (Net)]||Reset Month|
|Buffer||Trending Equity Spread Range1 [Current (Net)]||Reset Month|
|Buffer||Trending Defined Return Range1 [Current (Net)]||Reset Month|
Most Recent Fund Reset Day Parameters
Upside Participation Funds
|Downside Strategy||Initial Participation Rate 2||Previous Reset Date|
|Milliman 6-Month Buffered S&P 500 with Par Up Outcome Fund - Mar/Sep||10% Buffer||80.00%||Sep|
|Milliman 6-Year Buffered S&P 500 with Par Up Outcome Fund - Jul (I)||20% Buffer||119.23%||Jul|
|Milliman 1-Year Floored S&P 500 with Par Up Outcome Fund - Sep||10% Floor||66.67%||Sep|
|Milliman 6-Month Parred Down S&P 500 with Par Up Outcome Fund - Mar/Sep||50% Downside Participation||77.27%||Sep|
|Milliman 6-Year Parred Down S&P 500 with Par Up Outcome Fund - Jul (I)||50% Downside Participation||112.50%||Jul|
Stacker Cap Funds
|Buffer||Initial Total Cap 2||Previous Reset Date|
|Milliman 1-Year Buffered S&P 500 & Nasdaq with Stacker Cap Outcome Fund - Sep||10% Buffer||16.78%||Sep|
|Milliman 1-Year Buffered S&P 500 & Russell 2000 with Stacker Cap Outcome Fund - Sep||10% Buffer||16.80%||Sep|
|Milliman 1-Year Buffered S&P 500 & MSCI EAFE with Stacker Cap Outcome Fund - Sep||10% Buffer||16.82%||Sep|
|Buffer||Initial Spread 2||Previous Reset Date|
|Milliman 1-Year Buffered S&P 500 with Spread Outcome Fund - Sep||10% Buffer||2.84%||Sep|
|Buffer||Initial Defined Return 2||Previous Reset Date|
The funds have characteristics unlike many other traditional investment products and may not be suitable for all investors. The potential returns an investor can receive from an investment in any of the above funds is subject to each fund's specific parameters (i.e., cap, participation rate, buffer, floor, and spread). There is no guarantee that the outcomes for an outcome period will be realized. A shareholder may lose their entire investment. For more information regarding whether an investment in these funds is right for you, please see the funds' prospectus.
1. Once these funds are available for purchase, there is no guarantee that the rates achieved will be within these ranges. The blue dot indicates the most recent rate, based on executed prices available the day following a fund launch, broker quotes, when available, or model prices. Range of rates shown are based on executed prices, broker quotes, when available, and/or model prices, as of 10/06/2022.
2. The rates shown for each Fund do not guarantee that the Fund will achieve the same rate at the next rebalance. In addition, the rate shown does not guarantee that the Fund will achieve the initial participation cap, total cap, or spread. Because the rates shown are as of a point in time, it may not reflect current market conditions.
3. The performance of the Fund's upside S&P 500 Index FLEX Options' exposure is calculated by multiplying the Par Up Rate by the positive returns of the S&P 500 Index for the Outcome Period. That performance is then reduced by the Fund's total net expenses.
Investment return and principal value of an investment will fluctuate so that an investor's account values, when sold, may be worth more or less than their original cost. The fund prospectus and, if available, the summary prospectus, contain this and other important information. Read them carefully before investing.
Investing involves risks. Loss of principal is possible. The funds face numerous market risks, including: fixed income risk, active markets risk, participation rate change risk, capped upside return risk, correlation risk, liquidity risk, management risk, market risk, non-diversification risk, operation risk, options risk, FLEX options risk, trading issues risk, upside participation risk and valuation risk.
The fund will utilize FLEX Options issued and guaranteed for settlement by the Options Clearing Corporation (OCC). In the unlikely event that the OCC becomes insolvent or is otherwise unable to meet its settlement obligations, the fund could suffer significant losses. Additionally, FLEX Options may be less liquid than standard options. In a less liquid market for the FLEX Options, the fund may have difficulty closing out certain FLEX Options positions at desired times and prices. The values of FLEX Options do not increase or decrease at the same rate as the reference asset and may vary due to factors other than the price of reference asset.
Any reference to a market index is included for illustrative purposes only, as it is not possible to directly invest in an index. Indices are unmanaged, hypothetical vehicles that serve as market indicators and do not account for the deduction of management fees or transaction costs generally associated with investable products, which otherwise have the effect of reducing the results of an actual investment portfolio.
The fund invests in fixed income assets, from which a portion of the expected yield is derived to support the fund's overall investment strategy. This is atypical from a traditional investment in fixed income assets, whereby the investor directly receives income from the fixed income positions. Because the fund invests in fixed income assets, some credit risk is introduced, and the strategy may not achieve its desired objective.
The information, products, or services described or referenced herein are intended to be for informational purposes only. This material is not intended to be a recommendation, offer, solicitation or advertisement to buy or sell any securities, securities related product or service, or investment strategy, nor is it intended to be to be relied upon as a forecast, research or investment advice.