497 1 taagrowthalloc120506.htm 497

 

 

Target Asset Allocation Funds

 

Target Growth Allocation Fund

 

Supplement dated December 5, 2006 to the Prospectus dated October 2, 2006

 

 

In the Prospectus, in the section titled “RISK/RETURN SUMMARY –INVESTMENT OBJECTIVES AND PRINCIPAL STRATEGIES-GROWTH ALLOCATION FUND” the table at the top of page 11 titled “GROWTH ALLOCATION FUND” is replaced with the following table:

 

Growth Allocation Fund

 

 

 

Subadviser

Allocation

Asset Class

Primary Investment Type/Style

Marsico

GSAM

33%

Equities

Growth-oriented, focusing on large-cap

stocks

Hotchkis & Wiley

JPMorgan

NFJ

33%

Equities

Value-oriented, focusing on large-cap

stocks

RS Investments

4%

Equities

Growth-oriented, focusing on small-cap

stocks

EARNEST

Vaughan Nelson

4%

Equities

Value-oriented, focusing on small-cap

stocks

LSV

Thornburg

26%

International Equities

Stocks of foreign companies

 

 

 

 

 

 

 

 

 

 

 

LR0092