|
| Adviser: |
Mason Street Advisors, LLC |
| Sub-adviser: |
American Century Investment Management, Inc. |
| Objective: |
Long-term Capital Growth. Income is a secondary investment objective. |
| Focus: |
Primarily common stocks of medium sized companies that are determined, through quantitative and fundamental research, to be undervalued. |
| Asset Class: |
Mid-Cap Stocks |
| Style: |
Value |
| Investing in medium company stocks involves a greater degree of risk than investing in large company stocks. |
|
| Fund Inception |
05-01-2003 |
| First Available for Variable Annuity |
05-01-2003 |
| First Available for Variable Life |
05-01-2003 |
| Net Assets |
$94.98 Million |
| Top 10 Portfolio Holdings |
% of Net Assets |
| Marsh & McLennan Companies, Inc. |
3.6% |
| Northern Trust Corp. |
3.0% |
| Aon Corp. |
2.9% |
| Imperial Oil, Ltd. |
2.7% |
| iShares Russell Midcap Value Index Fund |
2.6% |
| Wisconsin Energy Corp. |
2.4% |
| The Chubb Corp. |
2.3% |
| Lowe's Cos., Inc. |
2.2% |
| ConAgra Foods, Inc. |
2.1% |
| Waste Management, Inc. |
2.1% |
| Total % of Net Assets |
25.9% |
| Download Publicly Disclosed Holdings |
| Sector Weightings |
% of Equities |
| Financials |
25.2% |
| Industrials |
12.5% |
| Consumer Discretionary |
11.7% |
| Utilities |
11.4% |
| Consumer Staples |
10.0% |
In selecting stocks for the Mid Cap Value Portfolio, the managers look for companies whose stock price may not reflect the company's value. The managers attempt to purchase the stocks of these undervalued companies and hold each stock until the price has increased to, or is higher than, a level the managers believe more accurately reflects the fair value of the company. Under normal market conditions, the portfolio managers will invest at least 80% of the fund's assets in medium size companies. The portfolio managers consider medium size companies to include those whose market capitalization at the time of purchase is within the capitalization range of the Russell 3000® Index, excluding the largest 100 such companies. The portfolio managers intend to manage the fund so that its weighted capitalization falls within the capitalization range of the members of the Russell Midcap® Index.
Phillip N. Davidson, Senior Vice President and Senior Portfolio Manager is a member of the team of investment professionals managing the Mid Cap Value Portfolio. Mr. Davidson is a member of the Investment Oversight Committee, Senior Leadership Council, Products and Markets Committee and Investment Management Senior Leadership Team, and oversees the teams that manage the Company's value equity portfolios. Prior to joining American Century in 1993, Mr. Davidson was vice president and equity portfolio manager for Boatmen's Trust Company in St. Louis. During his eleven years at Boatman's, he specialized in the management of institutional equity accounts using a value-oriented investment style. He has worked in the investment industry since 1980. He earned a B.A. in business administration and a master's degree in finance from Illinois State University. He is a CFA charterholder.
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.
Download the Select Variable Annuity quarterly performance update
Mason Street Advisors, LLC (MSA) is the principal investment adviser for all the Portfolios in the Northwestern Mutual Series Fund (Series Fund). (Portfolios in the Series Fund 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, Inc.
All securities are offered through Northwestern Mutual Investment Services LLC, (NMIS), Suite 600, 611 E. Wisconsin Avenue, Milwaukee, WI 53202, 1-866-664-7737. Member FINRA and SIPC. NMIS is wholly owned by Northwestern Mutual.
NMFN-VA12 (0309)