Exchange policies

Telephone/Online Exchange Privileges are not available if good payment for shares being exchanged has not been received.

Each Fund reserves the right at any time to suspend, limit, modify or terminate the telephone exchange privilege, but will not do so without giving investors at least 30 days' prior written notice.

Read the Prospectus for more information on exchange policies.

State Farm VP Management Corp Risk/Important Disclosures. State Farm Mutual Funds Prospectus. The State Farm College Savings Plan Enrollment Handbook (PDF 276 KB).

It is important to note that there is market risk involved when investing in mutual funds, including possible loss of principal.

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AP2007/12/9744