Prudential Conservative

The Prudential Conservative Portfolio is designed for funds with a ten‐year or greater investment time horizon or individuals with a conservative risk tolerance. This portfolio will vary its allocation to various asset classes based on market conditions in order to achieve its goals. Although this portfolio is conservatively allocated it is expected to have years with negative investment returns.

Prudential Moderate

The Prudential Moderate Portfolio is designed for funds with a twenty‐years or greater investment time horizon and individuals with a moderate risk tolerance. This portfolio will vary its allocation to various asset classes based on market conditions in order to achieve its goals. This portfolio is targeting a medium amount of volatility and is expected to have years with larger negative investment returns than those of the Prudential Conservative Portfolio.

Prudential Aggressive

The Prudential Aggressive Portfolio is designed for funds with a thirty‐years or greater investment time horizon and individuals with an aggressive risk tolerance. This portfolio will vary its allocation to various asset classes based on market conditions in order to achieve its goals. This portfolio is targeting a high amount of volatility and is expected to have years with larger negative investment returns than those of the Prudential Moderate Portfolio.