| BlackRock Cash Funds* | 0.12% | BGIXX | 0.11% | 0.32% | 1.48% | 3.73% | 3.55% | 3.45%† | 8/4/1999 |
| BlackRock Inflation Protected Bond Fund | 0.46% | BPRIX | 3.57% | 4.37% | 9.75% | 8.49% | 5.82% | 6.66%† | 6/28/2004 |
| PIMCO Low Duration Fund | 0.49% | PTLDX | 0.81% | 2.74% | 8.99% | 6.99% | 5.32% | 5.29% | |
| PIMCO Short-Term Fund | 0.50% | PTSHX | 0.13% | 0.88% | 3.71% | 3.74% | 3.86% | 3.73% | |
* An investment in the security is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the security seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the security.
† Performance information is for the life of the fund for funds with less than 10 years of performance history.
1 Underlying estimated fund expenses are the Bright Directions® College Savings Program's estimate of the fees and expenses of the underlying mutual funds that make up the portfolio based on the weighted average of the expenses of each underlying fund. Actual expenses of the underlying funds may be different.
2 Underlying fund performance information is current as of the end of the most recent calendar quarter and has been obtained from sources that are believed to be reliable, including the underlying fund companies. Bright Directions® College Savings Program has not independently verified the performance information set forth above in the "Fund Performance" section.
3 Expense ratio information is the total annual fund operating expenses for the investment funds that make up each portfolio, as disclosed in each fund's most recent prospectus dated prior to May 15, 2010. Expense ratio information is historic, and the actual expenses of the underlying funds may be different.
4 Performance information is current as of the most recent timeframe referenced above and is net of the 0.45% program management fee the Program imposes and ongoing fees at an annualized rate of 0.25% for Fee Structure A.
Investors in the Bright Directions® College Savings Program do not own shares of the underlying mutual funds directly, but rather own shares of a portfolio in Bright Directions®.
Past performance is not necessarily an indication of future performance. Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may be lower or higher than the performance data above. In addition, the performance information set forth above in the "Fund Performance" section does not reflect the charges assessed by the program. If it did, the annual total returns would be lower.
You should be aware that other states may sponsor their own qualified tuition plans and may offer a state tax deduction or other benefits that are limited to residents who invest in that plan. You should consult with a tax advisor about state and local taxes.
Investments in the Bright Directions® College Savings Program are not guaranteed or insured by the State of Illinois, the Illinois State Treasurer, Union Bank & Trust Company, Northern Trust Securities, Inc., the Federal Deposit Insurance Corporation or any other entity. Investors should read carefully and consider the investment objectives, risks, fees, and expenses contained in the Program Disclosure Statement (issuer's official statement) before investing. The Program Disclosure Statement, which contains additional information about the plan and municipal fund securities, is available from your financial advisor.
NOT FDIC INSURED / NO BANK GUARANTEE / MAY LOSE VALUE
