Associates, Inc. Fund are provided by T. Rowe Price forInvestment the Stable services Value Fund Management funds. funds and/orintermediate term for thisfundagainstmoneymarket compare theirlongterm performance not exist.However, many Fund, acomparison benchmarkdoes Due to ofthe theuniquestructure Fund Benchmark potentially lower, rate ofreturn. astable, but take lessriskinseeking ing retirement and/orsimplywishto those individualswhoare approach- option may alsobeappropriate for a lower level ofriskisdesirable. The of aparticipant’s for which may beappropriate It for theportion ofadiversified portfolio. part important This optioncanbean Profile U.S. Treasury/Agency securities for include SICstypically specified credit standards. Supporting companies thatmeet (SICs). SICsare issuedby banksand lio ofsyntheticinvestment contracts The Fund invests inadiversified portfo- How theFund Works ofcapital. with thepreservation competitive rate ofinterest consistent To seekto principalwitha preserve Investment Objective bonds. as well asinvestment-grade corporate andassetbackedsecurities, mortgage 98214FFS_ AM521528-0618 Assets Group, LLC and Great-West Capital Management, LLC. LLC. Management, Capital LLC Great-West and Group, Assets registered including affiliates, and NY, York, subsidiaries New their and Office: Home York, New of Company Insurance & Vil Greenwood Headquarters: Company, Corporate Insurance &Annuity Life byGreat-West provided services and products Retirement &Annuity Life Great-West of asubsidiary and FINRA/SIPC Member Inc., Equities, GWFS through distributed or offered Securities State of Alaska As of: 6/30/2019 As of: State ofAlaska Inception Date: Inception 10/29/2004 Stable Value Fund 2 obligations, Issuer % of assets %of Issuer 2) The 2) The U.S. Treasuries 1) The maincomponents: Fund hastwo The Components: ..Aece 1.33 Short-Term 0.42 U.S. Agencies CMBS 1.48 28.62 ABS 2.41 Cash 8.10 Credits 25.41 (MBS) Mortgages bond portfolio that seeks to generate added return. added togenerate thatseeks portfolio bond

Diversification Wrap Fees 0.21% Annual Management FeeAnnual Management cash reserve segment reserve cash SIC segment consists of a high quality, well diversified intermediate duration duration intermediate ofahighquality, diversified well consists segment Asset Allocation eerdCmesto lnSupplemen Deferred Compensation Plan 2 32.23 provides liquidity for participant initiated withdrawals. initiated participant for liquidity provides 1 oa ako aaa 16.56 20.36 Cash Royal BankofCanada 27.56 27.43 Pacific Life Co. Insurance The Prudential Co. Insurance State Street & Trust Issuer % of assets %of Issuer Contract Holdings&Reserve Contract *As compared to theotheroptionsinyour plan. Relative /Potential Risk Return* a AniyPa PERS/TERSDCR Plan tal Annuity Higher Lower Risk/Return

investment advisers Advised Advised advisers investment FOR ILLUSTRATIVE PURPOSES ONLY lage, CO; Great-West Life Life CO; Great-West lage,  Stable Value FundStable Value Insurance Company. Page 1 of 2 1of Page 0.12% 8. 10 State of Alaska As of: 6/30/2019 Stable Value Fund Inception Date: 10/29/2004

Deferred Compensation Plan Supplemental Annuity Plan PERS/TERS DCR

The Stable Value Fund (SVF) and the State Street Inst Treasury Money Market will be subject to a transfer restriction known as an "Equity Wash" provision. This provision prohibits direct transfer of assets from the SVF to the . Participants may transfer from the SVF directly to any fund in the Plan except the Money Market Fund. However, if you transfer money out of the SFV to any fund in the Plan, you will be restricted from transferring money from any fund into the Money Market Fund for 90 calendar days. Participants may transfer money directly from the Money Market Fund to the SFV or any other fund at any time.

1 The allocations shown are based on an investment strategy based on risk and return. The allocations for the fund are subject to change.

2 U.S. Treasury securities are guaranteed as to the timely payment of principal and interest if held to maturity. Fund shares are neither issued nor guaranteed by the U.S. Government.

The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost.

Funds may impose redemption fees and/or transfer restrictions if assets are held for less than the pub- lished holding period.

The Inception Date listed is the date the fund began operations. The “As of” date is the date for which the fund fact sheet is produced.

Securities offered or distributed through GWFS Equities, Inc., Member FINRA/SIPC and a subsidiary of Great-West Life & Annuity Insurance Company. Retirement products and services provided by Great-West Life & Annuity Insurance Company, Corporate Headquarters: Greenwood Village, CO; Great-West Life & Annuity Insurance Company of New York, Home Office: New York, NY, and their subsidiaries and affiliates, including registered investment advisers Advised Assets Group, LLC and Great-West Capital Management, LLC.

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