Underlying Fund Information and Statistics 

For the most current quarterly Performance Update, download the Select Variable Annuity quarterly performance update (not approved for use in Mississippi & Oklahoma).

To help you select the funds that meet your objectives, risk tolerance and time horizon, the Select Variable Annuity fund offerings are organized into style boxes. Style boxes can help show one portfolio's characteristics relative to other investments in the same asset class. Simply select the fund within the style box for more information.

A Northwestern Mutual financial representative can help walk you through the selection process of your investment options for your Select Variable Annuity. Contact a financial representative today for an appointment.

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.

Equity Style Box

The equity style box categorizes the size and management style of the various equity offerings for Variable Annuity.

On the horizontal axis, funds are separated into one of three categories - value, blend or growth, depending upon the management style of the portfolio. On the vertical axis, funds are separated into either their market capitalization, the general size of companies that it invests in, or international.

Equity Style Box
  Value Blend Growth
Large Cap Large Company Value (MSA/AmCent)

Domestic Equity (MSA/Delaware)

Equity Income (MSA/TRowe)
Large Cap Blend (MSA/Fiduciary Mgmt)

Index 500 Stock (MSA)

Large Cap Core Stock (MSA/Fayez Sarofim)

Neuberger Berman AMT Socially Responsive

Russell Multi-Style Equity

Fidelity® VIP Contrafund® Portfolio
Service Class 2
Growth Stock (MSA/Boston)

Focused Appreciation (MSA/Janus)
Mid Cap Mid Cap Value (MSA/AmCent) Fidelity® VIP Mid Cap Portfolio

Index 400 Stock (MSA)
Mid Cap Growth Stock (MSA/William Blair)
Small Cap Small Cap Value (MSA/TRowe) Index 600 Stock (MSA)

Russell Aggressive Equity
Small Cap Growth Stock (MSA/Wellington)
International International Equity (MSA/Tmpl) Emerging Mkts Equity (MSA/MFS®)

Research Int'l Core (MSA/MFS®)

Russell Non-US
International Growth (MSA/Janus)

Equity Style Box Definitions

Specialty and Hybrid Funds


Specialty and Hybrid Funds
Real Estate Russell Global Real Estate Securities
Commodities Credit Suisse Commodity Return Strategy
Hybrid Funds Asset Allocation (MSA)

Balanced (MSA)

Russell LifePoints® Variable Moderate Strategy

Russell LifePoints® Variable Balanced Strategy

Russell LifePoints® Variable Growth Strategy

Russell LifePoints® Variable Equity Growth Strategy

Fixed Income Style Box

The fixed income style box demonstrates the two most important and distinguishing characteristics of fixed income funds: credit quality and interest rate sensitivity.

For fixed-income funds, the vertical axis shows the credit quality of the bonds owned and the horizontal axis shows interest rate sensitivity as measured by a bond's effective duration.

Interest Rate Sensitivity
Credit Quality Limited Moderate Extensive
High Quality Short-Term Bond (MSA/TRowe) Inflation Protection (MSA/AmCent)

Russell Core Bond

Select Bond (MSA/Wells Capital Mgmt)
LT U.S. Govt Bond (MSA/PIMCO)
Mid Quality   Multi-Sector Bond (MSA/PIMCO)  
Low Quality   High Yield Bond (MSA/Federated)  

The Select Variable Annuity also includes two fixed investment options, the Guaranteed Interest Fund 1 (GIF1) and Guaranteed Interest Fund 8 (GIF8), where available. The general assets of The Northwestern Mutual Life Insurance Company solely back the principal and income of the Guaranteed Interest Funds.

Fixed Income Style Box Definitions
Style Box Disclosure Information


Other
Money Market (MSA/BlackRock)

An investment in a Money Market portfolio is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.   Although a Money Market Portfolio seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in a Money Market Portfolio.

Mason Street Advisors, LLC (MSA) is a wholly owned company of Northwestern Mutual and is a federally registered investment advisor.

Mason Street Advisors, LLC (MSA), a wholly owned company of Northwestern Mutual, is a federally registered investment adviser. MSA is the principal investment adviser for all the Portfolios in the Northwestern Mutual Series Fund (Series Fund). (Portfolios in the Series Funds are identified by the parenthetical next to the portfolio name.) MSA has engaged and oversees subadvisers who provide day-to-day management for certain of the Series Fund Portfolios. Each subadviser may be replaced without the approval of shareholders. Please see the prospectus for more information. Additional fund options are advised by Russell Investments, Fidelity® Investments, Credit Suisse Asset Management, LLC, and Neuberger Berman Management, LLC.

General Investment Risk Disclosures

NMFN-FUNDS (1012)