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SECTION IV: INVESTMENTS
Morningstar's Fund Rating Service

Morningstar's fund rating service is an excellent resource for information in all of the "four P's" areas, as discussed above. Morningstar offers limited access over the Internet, or more detailed information through subscription. However, it is important to note that the information provided by Morningstar is not a substitute for the information included in the prospectus. In addition, Morningstar categorizes mutual funds using an equity style box that separates mutual funds into the nine categories listed below. There can also be index, sector and target funds.

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Ohio National is not affiliated with, nor does it endorse or sponsor, any particular prospecting, marketing or selling system.

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