Exchanging shares

An exchange is a sale of shares from one Fund and the purchase of shares of another Fund for federal income tax purposes, which may produce a taxable gain or loss in a taxable account. Before making an exchange, please read the description of the Fund to be purchased in the Prospectus.

You can exchange all or a portion of your shares from one fund to another (within the same share class) at the selected funds' net asset value (NAV)¹ for that business day by using one of the following options:

In person

Visit your registered State Farm® agent.

By phone

Use our Interactive Voice Response system by calling 1-800-447-4930 to exchange shares. The Interactive Voice Response Call Flow can be used to assist you through the process. You will need telephone exchange privileges established.

If you wish to establish this privilege, call and request an Investor Account Services Form or download it from literature & forms.

Online

You can exchange shares any time by visiting the access my account area of this site. You will need to have online exchange privileges established.

If you wish to establish this privilege, call 1-800-447-4930 and request an Investor Account Services Form or download it from literature & forms.

By mail

Send a letter of instruction indicating:

• account number(s)
• shareholder name(s) and signatures
• dollar amount or number of shares to be exchanged
• detailed instructions including to and from funds

Send your request to State Farm Mutual Funds®, P.O. Box 219548, Kansas City, MO 64121-9548.

State Farm VP Management Corp Risk/Important Disclosures. State Farm Mutual Funds Prospectus. The State Farm College Savings Plan Enrollment Handbook (PDF 553 KB) .

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

¹Net Asset Value (NAV) is calculated by adding all of the assets of a Fund, subtracting the Fund’s liabilities, then dividing by the number of outstanding shares.  A separate NAV is calculated for each class of each Fund.  NAV is calculated at the close of each business day and employees can purchase funds without paying the sales charge.

Need Assistance? 1-800-447-4930

AP2009/04/2535