*Offered and administered by the New Jersey Higher Education Student Assistance Authority (HESAA); managed and distributed by Franklin Templeton Distributors, Inc., an affiliate of
Franklin Resources, Inc., which operates as Franklin Templeton Investments. No federal or state guarantee. Principal value may be lost, and investing in the plan does not guarantee
admission to college or sufficient funds for college. Please refer to the Investor Handbook for more complete information.
The New Jersey Better Educational Savings Trust Program ("NJBEST") is a higher education savings and investment program of the State of New Jersey designed to satisfy the
requirements of Section 529 of the Internal Revenue Code. NJBEST is a service mark of the State of New Jersey. The State of New Jersey Higher Education Student Assistance
Authority (HESAA) selects investment managers for NJBEST, adopts regulations and carries out other functions necessary for its operation.
HESAA has selected Franklin Templeton Distributors, Inc. ("FTDI") to provide, directly or through subcontractors, certain distribution, investment management and administrative
services relating to NJBEST. FTDI has retained Franklin Advisers, Inc., a registered investment advisor, to serve as the initial investment manager for the Franklin® Templeton®
investment options. Both FTDI and Franklin Advisers, Inc., are affiliates of Franklin Resources, Inc., which is a global investment organization operating as Franklin Templeton
Investments. Through various Franklin Templeton entities, Franklin Templeton Investments provides global and U.S. investment, shareholder and distribution services to the Franklin,
Templeton and Mutual Series funds and institutional accounts, as well as separate account management services.
This material is not a recommendation of any particular security, is not based on any particular financial situation or need, and is not intended to replace the advice of a qualified
attorney, tax advisor, investment professional or insurance agent. Before making any financial commitment regarding a Section 529 college savings plan, consult with the appropriate