Morningstar Ratings

Morningstar Overall Ratings as of 10/31/2009

The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five-, and ten-year (if applicable) Morningstar Rating metrics, which are based on a risk-adjusted return.

Past performance is no guarantee of future results.

		Morningstar Ratings* Number of Funds in Rating Category
	Category	Overall	3 Year	5 Year	10 Year
AARP Aggressive Fund	US Large Blend Funds	Out of 1694	Out of 1694	NA	NA
AARP Moderate Fund	US Moderate Allocation Funds	Out of 950	Out of 950	NA	NA
AARP Conservative Fund	US Conservative Allocation Funds	Out of 506	Out of 506	NA	NA
AARP Income Fund	Intermediate Term Bond	Out of 957	Out of 957	NA	NA

Past performance cannot guarantee future results. The Overall Morningstar Rating™ is derived from a weighted average of the funds' performance figures for three year Morningstar Rating™ metrics. The AARP Conservative Fund was ranked 22nd for the three-year period ending October 31, 2009 out of 506 funds in Morningstar's Conservative Allocation category; the AARP Moderate Fund was ranked 65th for the three-year period out of 950 funds in Morningstar's Moderate Allocation category; the AARP Aggressive Fund was ranked 85th for the three-year period out of 1,694 funds in Morningstar's Large-Blend category; and the AARP Income Fund was ranked 348th for the three-year period out of 957 funds in Morningstar's Intermediate Term Bond category. Ratings are based on risk adjusted performance. During the ranking period, AARP Financial Inc. waived fees and reimbursed expenses for these funds and the AARP Aggressive Fund experienced negative performance.

*For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The top 10% of the funds in an investment category receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star.

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The mutual funds described in this site are sold only to U.S. residents.

An Investment in the Funds involves risk, including possible loss of principal. Please consider the investment objectives, risks, charges and expenses of the AARP Funds carefully before investing. The prospectus contains this and other important information about the Funds. To get a prospectus containing this and other information, click here (PDF) or call 1-866-218-6142. Read it carefully before you invest.

While AARP has licensed the use of its name to AARP Funds and endorses the services provided by AARP Financial Inc., AARP does not offer financial products or services itself and cannot recommend that you or any specific individual should purchase any particular product or service. AARP Financial Inc. is an investment adviser and a subsidiary of AARP.

The Financial Advisors are registered representatives of ALPS Distributors, Inc., a registered broker-dealer, and as investment adviser representatives of AARP Financial Inc., an investment adviser. AARP Financial Inc. offers investment advisory services and is not affiliated with ALPS Distributors, Inc.

AARP Funds are distributed by ALPS Distributors, Inc.