With a Certificate of Deposit (CD), a specific amount of money is deposited and guaranteed to earn an interest rate set by the issuer of the CD. For investors uncomfortable with the unpredictability of the stock market, CDs may provide the safety to protect investment principal and generate income they seek. CDs are most appropriate for purchasing and holding until maturity.

CDs offered through Northwestern Mutual Investment Services, LLC (NMIS) provide an investor with:

• Competitive Rates—Take a moment to compare rates with local financial institutions. NMIS offers CDs with highly competitive rates.

• Flexibility—At maturity, automatic rollover to a new CD does not occur. This allows you to choose how to direct your investment proceeds upon maturity.
  
  Substantial prepayment penalties may be charged if CDs are liquidated before maturity. The dollars received upon liquidating a CD prior to maturity are determined by the terms of the CD and/or the existence of a secondary market.

• Variety—CD offerings that allow you to choose the type of CD and maturity date that fit your needs.

• Protection—Funds are insured by the FDIC for up to $100,000 per depositor, per institution.*

You should carefully consider the investment objectives, risks, expenses and charges of the investment company before you invest. Your Northwestern Mutual Investment Services Registered Representative can provide you with a prospectus that will contain the information noted above, and other important information that you should read carefully before you invest or send money.