International Growth 

Fund Overview
Adviser: Mason Street Advisors, LLC
Sub-adviser: Janus Capital Management LLC
Objective/Focus: The Portfolio primarily invests in common stocks of companies with growth potential which are domiciled or trade primarily on exchanges outside the United States, including emerging markets. Normally, the Portfolio will invest in a core group of 60-100 equity securities. These companies may be of any size. The objective is long-term growth of capital.
Asset Class: International Stocks
Style: Growth
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. The Portfolio may hold fewer securities than other diversified portfolios because of its focused investment strategy. Holding fewer securities increases the risk that the value of the Portfolio could go down because of poor performance of a single investment.
Fund Facts as of 03/31/14
Fund Inception 07-31-2001
First Available for Variable Annuity 07-31-2001
First Available for Variable Life 07-31-2001
Net Assets $427.12 Million
Top 10 Portfolio Holdings % of Net Assets
A.P. Moller - Maersk A/S 2.9%
Japan Tobacco, Inc. 2.4%
AIA Group, Ltd. 2.4%
Telefonaktiebolaget LM Ericsson - Class B 2.3%
Samsonite International SA 2.2%
Shire PLC 2.2%
LyondellBasell Industries NV 2.1%
Seven Bank, Ltd. 2.1%
Taiwan Semiconductor Manufacturing Co., Ltd. 2.1%
UniCredit SpA 2.1%
Total % of Net Assets 22.7%
Download Publicly Disclosed Holdings
Georgraphic Allocation % of Equities
Europe 62.2%
Asia 34.9%
North America 2.3%
Latin America/Caribbean 0.6%

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-VA24 (0309)