Strategy. To achieve its goal, the Fund will invest varying percentages of the Funds total assets in the investment allocations set forth below: ? To achieve its goals, the Fund primarily invests in equity securities (currently affiliated Exchange-Traded Funds (ETFs)), and in fixed income securities. The Fund will normally hold both equity securities and fixed income securities, with at least 25% of its assets in equity securities and at least 25% of its assets in fixed income securities. The Adviser is responsible for determining the allocation of Fund assets to be invested in equity and fixed income securities. The Adviser will adjust those allocations from time to time in response to market changes. ? The Funds fixed income holdings invest at … Show more… To achieve its goal, the Fund will invest varying percentages of the Funds total assets in the investment allocations set forth below: ? To achieve its goals, the Fund primarily invests in equity securities (currently affiliated Exchange-Traded Funds (ETFs)), and in fixed income securities. The Fund will normally hold both equity securities and fixed income securities, with at least 25% of its assets in equity securities and at least 25% of its assets in fixed income securities. The Adviser is responsible for determining the allocation of Fund assets to be invested in equity and fixed income securities. The Adviser will adjust those allocations from time to time in response to market changes. ? The Funds fixed income holdings invest at least 80% of its assets in a diversified portfolio of corporate bonds, U.S. government and agency securities, convertible securities and preferred securities. The Investment Manager will only purchase securities for the Fund that are investment grade, with a rating of at least BBB as rated by Standard & Poors or a comparable rating by another nationally recognized rating agency. The Fund may also invest in debt securities that have not been rated by one of the major rating agencies, so long as the Funds Investment Manager has determined that the security is of comparable credit quality to similarly rated securities. ? In managing the fixed income securities, the Funds Investment Manager concentrates on sector analysis, industry allocation and securities selection, deciding which types of bonds and industries to emphasize at a given time, and then which individual bonds to buy. The fixed income holdings are meant to anticipate shifts in the business cycle and assists in determining types of bonds and industry sectors to target. In choosing individual securities, the fixed income portion of the Fund seeks out securities that appear to be undervalued within the emphasized industry sector. Companies that meet or exceed specific criteria established by the Investment Manager in the selection process are purchased. Securities are sold when they reach internally determined pricing targets or no longer qualify under the Investment Managers investment criteria. ? The Funds equity securities sector currently consists of affiliated ETFs. ? The Fund will not invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or unbiblical lifestyles. Timothy Partners, Ltd. (TPL) is Investment Adviser to the Funds and is responsible for determining what companies are deemed Excluded Securities, and reserves the right to exclude investments, in its best judgment, in other companies whose practices may not fall within the exclusions described above, but could be found offensive to fundamental, traditional Judeo-Christian values. The Adviser establishes the Biblically Responsible Investing parameters that are employed by the research service provider in the creation of the excluded list of companies that may not be placed into any Timothy Plan portfolio. The research company may not alter, delete, or employ additional parameters without the prior knowledge and consent of the Adviser. In the event a company is discovered to be engaged in a prohibited practice, it will be liquidated as soon as reasonably practicable. The ETFs are passively managed. They are reviewed at the time of readjustment of the portfolios, which occurs twice a year. Securities that are determined to be in violation of the filters (as a result of changes since the initial review) between adjustment times will be liquidated from the portfolio at the time of the readjustment. Show less