The performance data shown represents past performance, which does not guarantee future results. The 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.
Mutual fund investing involves risk. Principal loss is possible. Investors are advised to consider carefully the investment objectives, risks, charges and expenses of the fund before investing. The prospectus contains this and other information about the funds. Contact us at the address below to request a free copy of the prospectus. Please read the prospectus carefully before investing.
Each of Meeder’s asset allocation funds can scale back their equity exposure in order to reduce risk of loss when the Adviser’s quantitative models indicate that the risks of the stock market may be greater than its potential rewards. The Adviser’s models may prove to be incorrect or incomplete and there is a risk that the model will either overstate or understate current risks in the market. Asset allocation and diversification do not assure a profit or protect against loss.
The Funds use equity index futures to equitize cash, to reduce equity exposure and as an element of the principal investment strategy for some funds. Using leverage through futures can magnify the Funds’ gains or losses. Use of derivative instruments as a defensive tactic may provide the funds with a hedge against losses, but would also prevent the Funds from fully participating in market gain. Derivatives are not suitable for all investors and subject the Funds to greater risk than investment in fixed income assets.
Investment performance assumes reinvestment of all dividend and capital gain distributions. Returns for less than one year are not annualized. Performance data reflects contractual and voluntary fee waivers, without which performance would have been lower. For additional information refer to the individual fund page or the current prospectus.
Effective October 31, 2016, the funds began offering Adviser and Institutional Class shares. Performance attributed to these share classes prior to that date is that of the original Retail Class shares. No adjustment has been made to reflect class-specific distribution or servicing fees.
The gross expense ratio reflects the total fund operating expense ratio gross of any fee waivers or expense reimbursements as set forth in the current prospectus. The net expense ratio is the audited ratio of net expenses to average net assets as set forth in the fund’s most recent annual report, which may include the effect of voluntary fee waivers or expense reimbursements.
Net Equity Exposure represents the current equity exposure recommended by IPS model. The proportion of actual equity investments in any fund will vary depending on the investment objectives of the fund. The model output is updated daily, but may be delayed at Meeder’s sole discretion. Net Equity Exposure represents one output of Meeder’s IPS model at any given point in time; it is not offered as specific investment advice and should not be relied on for investment decisions.
Meeder Funds are distributed by Adviser Dealer Services, Inc., an affiliate of Meeder Investment Management. An affiliated registered investment adviser, Meeder Asset Management, Inc., serves as the investment adviser to Meeder Funds and is paid a fee for its services.