Fund is subject to market risk. The AFL-CIO Equity Index Fund is not a mutual fund. It is a collective investment fund established by Chevy Chase Trust Company under Maryland banking law, and its units are exempt from registration under the Securities Act of 1933. Investments in the Fund are not deposits, obligations of, or insured by Chevy Chase Trust Company, ASB Capital Management LLC, the United States government, or any United States government agencies. This is not a prospectus and has not been approved by the SEC.
The decision to participate in the Index Fund or to offer the Index Fund as an investment option (in the case of self-directed accounts) must be made by the trustees of each individual plan after reviewing all available information. The AFL-CIO is not an investment advisor or investment manager, and does not have any intention of, and shall not be deemed to be, advising any plan, its trustees, its participants or its beneficiaries regarding the making of an investment in the Index Fund. Moreover, the AFL-CIO makes no representation or warranty, express or implied, as to the results to be obtained by the Fund or any investor in the Index Fund.