¹Effective 12/23/07. The Department of Labor considers capital preservation default options acceptable only for default periods of less than 120 days or for money invested in such a default option prior to this effective date. While they offer greater potential for capital appreciation, the equity investments within multi-asset class funds like Seligman TargETFunds carry greater investment risk and may be less liquid as compared to stable value funds and money market funds. Stable value funds typically invest in high-quality bonds and interest-bearing contracts and guarantee to maintain the value of principal and accumulated interest, and money market funds typically seek to maintain a consistent net asset value of $1.00 per share by investing in short-term high quality debt securities. In addition, money market funds and stable value funds generally carry lower fees and expenses than multi-asset class funds like Seligman TargETFunds. Mutual fund investments are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

²Exchange-traded funds (ETFs) generally seek investment results that generally correspond to the performance, before fees and expenses, of a specific underlying index. Underlying ETFs generally will not be able to duplicate exactly the performance of the underlying indexes they seek to track, which can be due to, among other factors, the expenses that the Underlying ETF pays, regulatory constraints, investment strategies or techniques undertaken by an Underlying ETF (e.g., options and futures) and changes to an underlying index. In addition, there may exist a lack of correlation between the securities in an index and those actually held by an Underlying ETF, as well as a lack of correlation between the asset classes used to develop Seligman's asset allocation methodology and the Underlying ETFs.

³A typical investor would incur lower costs through an investment in the Seligman TargETFunds (which includes professional portfolio management based on Seligman's proprietary Time Horizon Matrix research) as compared to a direct investment (without professional portfolio management) in the same ETFs held by the Seligman TargETFunds. Such cost comparison takes into consideration transaction costs, sales charges, and expenses, as applicable. Diversification does not assure a profit or protect against loss in a declining market.

Diversification does not assure a profit nor protect against loss in a declining market.

Past performance does not guarantee or indicate future results.

Investments in the Funds involve risks, including the possible loss of principal. The stocks of smaller and mid-cap companies may be subject to above-average market price fluctuations. Stocks of large-capitalization companies have at times experienced periods of volatility and negative performance. During such periods, the value of such stocks may decline and Fund performance may be negatively affected. There are specific risks associated with global investing, such as currency fluctuations, foreign taxation, differences in financial reporting practices, and rapid changes in political and economic conditions. Because of the risks associated with investing in securities of emerging market companies, such an investment should be considered speculative and not appropriate for individuals who require safety of principal or stable income from their investments. Investments in real estate securities may be subject to specific risks, such as risks to general and local economic conditions, and general risks associated with owning real estate. Fixed income securities are subject to interest-rate risk, credit risk, prepayment risk, and market risk. U.S. government bonds that are guaranteed by the U.S. government, if held to maturity, offer both a fixed rate of return and principal value.