0001193125-19-272711.txt : 20191023 0001193125-19-272711.hdr.sgml : 20191023 20191023172805 ACCESSION NUMBER: 0001193125-19-272711 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20191023 DATE AS OF CHANGE: 20191023 EFFECTIVENESS DATE: 20191023 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TIMOTHY PLAN CENTRAL INDEX KEY: 0000916490 IRS NUMBER: 597016828 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-73248 FILM NUMBER: 191164461 BUSINESS ADDRESS: STREET 1: 1055 MAITLAND CENTER COMMONS CITY: MAITLAND STATE: FL ZIP: 32759 BUSINESS PHONE: 4076441986 MAIL ADDRESS: STREET 1: 1055 MAITLAND CENTER COMMONS CITY: MAITLAND STATE: FL ZIP: 32759 0000916490 S000042201 Timothy Plan Growth & Income Fund C000130993 Class I TIGIX 497 1 d818344d497.htm TIMOTHY PLAN GROWTH & INCOME FUND I SHARES Timothy Plan Growth & Income Fund I Shares

Supplement

Dated October 23, 2019

to the Statutory Prospectus of the

Timothy Plan Family of Funds

Dated January 31, 2019

(Class I)

The Class I Shares Prospectus for the Timothy Plan Family of Funds, dated January 31, 2019, relating to the Timothy Plan Growth and Income Fund, is amended as follows:

On page 43 of the prospectus, the Section entitled PRINCIPAL INVESTMENT STRATEGIES is deleted in its entirety and replaced with the following:

PRINCIPAL INVESTMENT STRATEGIES

• To achieve its goals, the Fund primarily invests in equity securities, including Exchange Traded Funds (“ETF’s”), and in fixed income securities. The Fund will normally hold both equity securities and fixed income securities, with at least 25% of its assets in equity securities and at least 25% of its assets in fixed income securities.

• The Fund invests at least 25% of its assets in ETFs that invest primarily in equity securities, including ETF’s that are affiliated with the Fund. The Fund also invests at least 25% of its assets in fixed income securities. The Fund’s fixed income holdings are U.S. government securities, corporate bonds, municipal bonds and/or sovereign bonds of any maturity, as well as ETFs that invest primarily in such securities. Any non-US government securities in the Fund’s portfolio consist primarily of issues rated “Baa2” or better by Moody’s Investors Service, Inc. (“Moody’s”) or “BBB” or better by Standard & Poor’s Ratings Group (“S&P”) and unrated securities determined by the Advisor to be of equivalent quality, as well as high quality money market instruments. The Fund attempts to provide a total return in excess of the rate of inflation over the long term (3 to 5 years). The Advisor is responsible for determining the allocation of Fund assets to be invested in equity and fixed income securities. The Advisor will adjust those allocations from time to time in response to market changes.

• The Fund’s fixed income Investment Manager reviews the various sectors looking for historical patterns of undervalue or overvalue in an effort to identify appropriate fixed income securities to purchase. The Investment Manager also analyzes interest rate risk in the bond market and makes adjustments in the maturities of bonds to adjust for this risk. Lastly, if a bond is being downgraded, or the company has other issues that may affect the bond, the Investment Manager reviews it to see if the bond should be sold.

• The Fund’s fixed income portfolio’s duration is adjusted based on a regularly conducted analysis of the interest rate risk. Typically, the duration of the Fund’s bond portfolio runs between 1 and 8 years. The Investment Manager shortens portfolio durations when its research indicates a rising interest rate environment to preserve capital.

• The Fund’s equity securities are sold when such considerations as valuation, earnings and relative price strength are determined to warrant a sale. The Investment Manager reviews a stock if there is a major change in its corporate structure or management.

• The Fund will not invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles.

 

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On page 65 of the Prospectus, under Section 4, HOW YOU CAN BUY AND SELL SHARES, the first sub-heading, entitled Class I Shares, is deleted in its entirety and replaced with the following:

This prospectus offers Class I shares only. Other share classes are offered via a different prospectus.

Class I shares are only available to:

 

>

fee based registered investment advisors and their representatives for the benefit of their clients;

>

institutional investors;

>

certain pre-approved investment platforms for the benefit of their traditional clients; and

>

Employer offered Health Savings Accounts, ERISA accounts and non-ERISA pension and retirement plans, including IRA, SEP, Roth and SIMPLE accounts.

Any questions you may have can be answered by calling (800) 846-7526.

Class I shares are offered at net asset value without any sales charge. There are no contingent deferred sales charges, redemption fees or exchange fees, and no ongoing distribution/service fees.

On page 65 of the Prospectus, the minimum purchase amount table under the sub-section, Opening and Adding to Your Account, is amended as follows:

 

Type of Investment Account

   Minimum Initial

Purchase Amount

   Minimum Subsequent

Purchase Amount

Institutional Accounts

   $100,000    $25,000

Individual Accounts

   $1,000    $50

ERISA Retirement Plans

   None    None

Other Recognized Retirement Plans or Accounts

   None    None

Employer Sponsored Health Savings Accounts

   None    None

ALL PORTIONS OF THE PROSPECTUS NOT CHANGED BY THIS SUPPLEMENT OR OTHER SUPPLEMENTS SHALL REMAIN IN FULL FORCE AND EFFECT.

 

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