Inst'l No Transaction Fee Mutual Funds

Institutional No Transaction Fee Mutual Funds
will help you keep pace with the
ever-evolving needs of your clients.

As your clients look to you to provide more personalized guidance and investment strategies, having access to Institutional No Transaction Fee (INTF) options allows you to continue to offer portfolios that fulfill the ever-evolving needs of your clients.

Over 750 Funds from 15 asset managers, many with Morningstar ratings® of 4 or 5*

to help you build more diverse portfolios that account for time horizon, risk tolerance and more

<span style="font-size:90%;">Funds with lower expenses</span>

Blackrock
Cohen & Steers
Columbia
Delaware + Waddell & Reed
Diamond Hill
First Eagle
Franklin Templeton
Goldman
Guggenheim
Invesco
Janus
Lord Abbett
Nuveen
Principal
Putnam

Carefully consider the investment objectives, risks, charges and expenses before investing. A prospectus, obtained by calling 800-400-6288, contains this and other important information about an investment company. Read carefully before investing.

TD Ameritrade Institutional and its affiliates do not provide legal or tax advice. Please consult with your legal counsel and tax advisor about your particular circumstances. Diversification does not eliminate the risk of experiencing investment losses.

*The Morningstar Rating™, or "star rating," is calculated for funds with at least a three-year history. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars and the next 22.5% receive 4 stars. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. Ratings do not take into account the effects of sales charges and loads.

Mutual funds are subject to market, exchange rate, political, credit, interest rate and prepayment risks, which vary depending on the type of mutual fund. Fund purchases may be subject to investment minimums, eligibility, and other restrictions, as well as charges and expenses. Certain money market funds may impose liquidity fees and redemption gates in certain circumstances.

Investments in fixed income products are subject to liquidity (or market) risk, interest rate risk (bonds ordinarily decline in price when interest rates rise and rise in price when interest rates fall), financial (or credit) risk, inflation (or purchasing power) risk and special tax liabilities. May be worth less than the original cost upon redemption. Interest income and capital gains on municipal securities may be subject to the Alternative Minimum Tax.

Non-Deposit Investment Products: NOT FDIC INSURED-NO BANK GUARANTEE-MAY LOSE VALUE.

Neither Morningstar Investment Management nor Morningstar, Inc. is affiliated with TD Ameritrade and its affiliates. Morningstar, the Morningstar logo, Morningstar.com, and Morningstar Tools are either trademarks or service marks of Morningstar, Inc.