Fidelity® VIP Mid Cap Portfolio — Service Class 2 

Fund Overview
Adviser: Fidelity Management & Research Company
Sub-adviser: FRM Co., Inc.
Objective/Focus: Primarily securities of domestic or foreign companies with medium market capitalizations. May invest in either growth stocks or value stocks. The objective is long-term growth of capital.
Asset Class: Mid-Cap Stocks
Style: Blend
Overseas investments can pose more risks than domestic investments. Unit values are subject to fluctuations in foreign stock markets, currency values, interest rates, government regulations and political conditions.
Investing in small company stocks involves a greater degree of risk than investing in medium or large company stocks.
Investing in medium company stocks involves a greater degree of risk than investing in large company stocks.
Fund Facts as of 06/30/14
Fund Inception 12-28-1998
First Available for Variable Annuity 05-01-2003
First Available for Variable Life 05-01-2003
Net Assets $9.26 Billion
Top 10 Portfolio Holdings  
NXP Semiconductors NV  
TE Connectivity Ltd.
Spirit Airlines, Inc.  
Foot Locker, Inc.  
Fidelity National Information Services, Inc.  
Jazz Pharmaceuticals PLC  
Hanesbrands, Inc.  
Fiserv, Inc.  
Electronic Arts, Inc.  
Arrow Electronics, Inc.
Total % of Total Portfolio 9.2%
Sector Weightings % of Equities
Information Technology 26.2%
Industrials 20.0%
Consumer Discretionary 14.2%
Health Care 11.3%
Financials 10.4%

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 contract and fund prospectus that will contain the information noted above, and other important information that you should read carefully before you invest or send money.

Mason Street Advisors, LLC (MSA), a wholly owned company of Northwestern Mutual, is a federally registered investment adviser. Mason Street Advisors, LLC (MSA) is the principal investment adviser for all the Portfolios in the Northwestern Mutual Series Fund (Series Fund) (NMSF). (Portfolios in the Series Funds are identified by the parenthetical next to the portfolio name.) MSA has engaged and oversees sub-advisers who provide day-to-day management for certain of the Series Fund Portfolios. Each sub-adviser 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® and Neuberger Berman Management, LLC.

All securities are offered through Northwestern Mutual Investment Services LLC, (NMIS), Subsidiary of Northwestern Mutual and member FINRA and SIPC.

NMFN-VA13 (0309)