Investment Option	Asset Category	Risk/Reward Potential	Objective/Primary Investments
Ameritas Index 500*	Large-Cap Blend	1 2 3 4 5	Seeks investment results that correspond to the investment performance of U.S. common stocks, as represented by the S&P 500® Index.
Ameritas Income & Growth*	Large-Cap Growth	1 2 3 4 5	Seeks dividend income and secondarily, capital appreciation, by investing in dividend paying equities.
Bond	High-Quality Bond	1 2 3 4 5	Seeks a high level of current income as is consistent with reasonable investment risk, by investing primarily in long-term, fixed-income, investment-grade corporate bonds.
EAFE International Index	International Large Cap	1 2 3 4 5	Seeks investment results that correspond to the investment performance of foreign stocks as represented by the Morgan Stanley Capital Investment EAFE Index.
Inflation Protected Plus	Inflation Protected Bond	1 2 3 4 5	Seeks to maximize real levels of current income consistent with reasonable investment risk, by investing primarily in inflation adjusted fixed income securities.
Lifestyle ETF Aggressive	Lifestyle	1 2 3 4 5	Seeks primarily to provide capital growth and secondarily investment income, while managing risk levels to a more aggressive level as compared to the Lifestyle ETF Market Strategy Target Portfolio, by investing primarily in a portfolio of various exchange traded funds (ETFs) representing different market exposures.
Lifestyle ETF Conservative	Lifestyle	1 2 3 4 5	Seeks primarily to provide capital growth and secondarily investment income, while managing risk levels to a more conservative level as compared to the Lifestyle ETF Market Strategy Target Portfolio, by investing primarily in a portfolio of various exchange traded funds (ETFs) representing different market exposures.
Lifestyle ETF Target	Lifestyle	1 2 3 4 5	Seeks primarily to provide capital growth and secondarily investment income by investing primarily in a portfolio of various exchange traded funds (ETFs) representing different market exposures.
Nasdaq-100 Index	Large-Cap Growth	1 2 3 4 5	Seeks investment results that correspond to the investment performance of U.S. common stocks, as represented by the Nasdaq-100® Index.
Natural Resources	Speciality Natural Resources	1 2 3 4 5	Seeks primarily to provide capital growth, consistent with appropriate risk levels, by investing primarily in a portfolio of various exchange-traded funds and exchange-traded notes representing different natural resources exposures.
Russell 2000 Small Cap Index	Small-Cap Blend	1 2 3 4 5	Seeks investment results that correspond to the investment performance of U.S. common stocks, as represented by the Russell 2000® Index.
S&P MidCap 400 Index	Mid-Cap Blend	1 2 3 4 5	Seeks investment results that correspond to the investment performance of U.S. common stocks, as represented by the S&P MidCap 400® Index.

*Calvert Variable Series Ameritas Portfolios are advised by Calvert Asset Management Company (CAMCO). The day-to-day management of Ameritas Index 500 and Ameritas Income & Growth portfolios is the responsibility of Summit Investment Partners, Inc.

Nasdaq and related marks are trademarks or service marks of The Nasdaq Stock Market, Inc. and have been licensed for use for certain purposes by Summit Mutual Funds, Inc. and the Nasdaq­100® Index Portfolio. The Nasdaq­100® Index is composed and calculated by Nasdaq without regard to Summit Mutual Funds. Nasdaq makes no warranty, express or implied, and bears no liability with respect to the Nasdaq­100® Index Portfolio. 

The Russell 2000 is a trademark/service mark of the Frank Russell Company. Summit Mutual Funds and the Russell 2000 Small Cap Index Portfolio are not promoted, sponsored or endorsed by, nor in any way affiliated with Frank Russell Company. Frank Russell is not responsible for and makes no representation of warranty, express or implied, as to its accuracy, or completeness, or otherwise. 

"S&P 500" and "S&P MidCap 400" are registered trademarks of Standard & Poor's Corporation and McGraw-Hill Companies, Inc. and have been licensed for use. The Index 500 Portfolio and MidCap 400 portfolio are not sponsored, endorsed, sold, or promoted by S&P.

The stocks of small- and mid-size companies carry additional risks because they tend to be less predictable and their share prices more volatile than more established companies. Additionally, small companies have business risk, liquidity risk, and are subject to greater stock price fluctuations.

There is the potential for greater volatility inherent in a fund which concentrates its investments in one economic sector.