Issue link: https://resources.envestnet.com/i/1539506
2 Manager Firm Name Investment Suite SSGA Funds Management, Inc (d/b/a State Street Global Advisors) Active Asset Allocation Portfolios (6) Global Outcome-Based Portfolios (1) Quarterly Asset Allocation ETF Portfolios (6) Strategic Asset Allocation Portfolios (6) Fidelity Institutional Wealth Adviser LLC 1 Fidelity Bond Income Model Portfolios (5) Fidelity Business Cycle Model Portfolios (2) Fidelity Multi-Asset Income Model Portfolios (1) Fidelity Target Allocation ETF Model Portfolios (9) Fidelity Target Risk Blended Model Portfolios (5) Fidelity Target Risk ETF Model Portfolios (5) Fidelity Target Allocation Blended Model Portfolios (8) Fidelity Target Allocation Index-Focused Model Portfolios (9) Fidelity Target Allocation Model Portfolios (9) Fidelity Target Allocation Tax-Aware Model Portfolios (8) Fidelity U.S Equity Model Portfolios (3) Portfolio Management Consultants (PMC) ActivePassive Foundation Portfolios (14) ActivePassive EFT Portfolios (13) The information, analysis, and opinions expressed herein are for general information only. Nothing contained in this document is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. Investing carries certain risks and there is no assurance that investing in accordance with the managers or portfolios mentioned will provide positive performance over any period of time. Investors could lose money if they invest in accordance with the portfolios or managers discussed herein. Past performance is not indicative of future results. Envestnet is not a law firm and as such, does not provide legal or regulatory advice or opinions to any party or client. You should always consult your relevant regulatory authorities or legal counsel as applicable. *ETF's and Mutual Funds charge an internal expense ratio. Expense Ratios reflect the internal expenses of any investment products but do not reflect the deduction of investment advisory fees. Performance results will be reduced by fees including, but not limited to, investment management fees and other costs such as custodial, reporting, evaluation and advisory services. A description of all fees, costs and expenses are found in a financial advisor's Disclosure Brochure. 1 Fidelity mutual fund models are offered in both I-share and Z-share classes. Please consult with your Custodian on the most cost effective model solution. © 2025 Envestnet, Inc. For investment professional use only. BlackRock, Fidelity, Franklin Templeton, and State Street Global Advisors are independent companies, unaffiliated with Envestnet. 3907443