Mutual Fund Exchange Policies
When you buy, exchange or redeem shares, you will pay or receive the fund's Net Asset Value (NAV)1 per share.
An exchange will be effective on the day your request is received if it is received by State Farm™ before the funds calculate their NAVs on that day. A request received after the time the NAV is calculated will be effective at the next calculated NAV. All funds calculate their NAVs as of the close of regular session trading on the New York Stock Exchange (currently at 3PM CT) each day the NYSE is open for business.
Each fund reserves the right to revise or terminate the exchange privilege, limit the amount of any exchange or reject an exchange at any time for any reason.
State Farm may terminate or modify the exchange program at any time, but will seek to give shareowners at least 60 days notice prior to such a change.
Read the prospectus for more information on exchange policies.
1 Net 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.
Investing involves risk, including potential for loss.
Not FDIC Insured
- No Bank Guarantee
- May Lose Value