Supplement dated May 14, 2020
to the
Timothy Plan Family of Funds – Statutory Prospectus - Class I Shares
Dated January 29, 2020
The Sub-sections of the Prospectus entitled “Class I Shares” and “Opening And Adding To Your Account”, appearing on page 61 of the statutory prospectus, are amended as follows:
Section 4 | How You Can Buy and Sell Shares
CLASS I SHARES
This Prospectus offers Class I shares only. Other share classes are offered via a different Prospectus.
Class I shares are exclusively available to institutional clients and fee based registered investment advisors for the benefit of their clients. 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.
How To Buy Shares
OPENING AND ADDING TO YOUR ACCOUNT
Payments for Fund shares must be in U.S. dollars, and in order to avoid fees and delays, must be drawn on a U.S. bank. Please remember that the Trust reserves the right to reject any purchase order for Fund shares. Timothy Plan accepts personal checks made payable to the Timothy Plan. Unless pre-authorized by the Fund at the Fund’s sole discretion, the Timothy Plan will not accept cash, credit card, or third-party checks. The minimum initial investment amount for Class I shares, is:
|
Account Type |
Minimum Initial |
Minimum Subsequent |
||||||
| Institutional Clients |
$100,000 | $25,000 | ||||||
| Fee based Registered Advisor Clients |
||||||||
| 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 | ||||||