Timothy Plan Defensive Strategies A (Timothy Plan Defensive Strategi) fond

The fund will invest varying percentages of its total assets in Real Estate Investment Trusts, Commodities-based securities, Various Fixed Income securities, TIPS and cash and cash equivalents. During times of significant market upheaval, it may take large, small, or even no position in any one or more of the Asset Classes, may invest in gold and other eligible precious metals to the maximum extent allowed, and/or may hold some or all of the fund's assets in cash and/or cash equivalents. The fund is non-diversified.