Northern Small Cap Value 529 Portfolio

Contributions to this Individual Fund Portfolio will be invested solely in the Northern Small Cap Value Strategy. Before making contributions to this portfolio, you should consider the more detailed information about the underlying fund in which it invests, including its investment objectives and policies, risks, and expenses, contained in the links below. The Fact Sheet and Prospectus below describe the Underlying Investment and not the Bright Directions College Savings Program. The Prospectus and Annual Report below describe the Northern Funds Small Cap Value Fund and not the Northern Small Cap Value Strategy. Although the Northern Small Cap Value Strategy and the Northern Funds Small Cap Value Fund are not identical, they are similar in nature and investment approach. For information regarding the expenses of the Bright Directions College Savings Program, including the program management and state administration fee, please review the Program Disclosure Statement . Performance information for the Underlying Investment does not reflect the imposition of the program management and state administration fee Bright Directions imposes. The information contained in the links below was obtained from the underlying fund companies and has not been independently verified by Bright Directions. Participants in the Bright Directions College Savings Program do not own shares of the underlying mutual funds directly, but rather own shares of a portfolio in Bright Directions.