Russell LifePoints® Variable Equity Growth Strategy 
Fund Overview
Adviser: Russell Investment Management Company
Objective: Seeks to provide high long term capital appreciation
Focus:

Invests in a combination of multi-manager underlying funds consisting of approximately 95-100% equity and 0-5% fixed income. The fund's objective is to provide the high long-term capital appreciation.

Asset Class: Value, Growth and Market-Oriented
Russell Investment Group, a Washington USA corporation, operates through subsidiaries worldwide and is a subsidiary of The Northwestern Mutual Life Insurance Company.

Each of the Divisions identified as a Russell LifePoints Variable Target Portfolio Series Fund (LifePoints Fund) is a fund of funds and diversified its assets by investing, at present, in other mutual funds (the "Underlying Fund"). Each LifePoints fund seeks to achieve a specific investment objective by investing in different combinations of the Underlying Funds.

LifePoints® and the Russell logo are registered trademarks and service marks of Russell Investment Group.

No investment strategy can guarantee a profit or protect against a loss.

Fund Facts as of 12/31/09
Fund Inception 04-30-2007
First Available for Variable Annuity 04-30-2007
First Available for Variable Life N/A
Net Assets $20.05 Million
Underlying Funds % of Net Assets
RIF Multi-Style Equity Fund 25.9%
RIC Quantitative Equity Fund 24.9%
RIF Aggressive Equity Fund 7.0%
RIF Real Estate Securities Fund 7.0%
RIC Global Equity Fund 7.0%
RIF Non-U.S. Fund 23.1%
RIC Emerging Markets Fund 5.1%
RIF Core Bond Fund 0.0%
% of Total Portfolio 100%

Investment Strategy:
The Fund employs "multi-style, multi-manager" approach whereby portions of the Fund are allocated to different money managers who employ distinct investment styles. The Fund uses three principal investment styles intended to complement one another: a Growth Style, a Value Style and a Market-Oriented Style. The Fund intends to be fully invested at all times.

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

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-VA30 (0309)

 

Copyright © 2010 The Northwestern Mutual Life Insurance Company. All Rights Reserved.

"Northwestern Mutual” is the marketing name for The Northwestern Mutual Life Insurance Company, Milwaukee WI (life insurance, disability insurance, and annuities) and its subsidiaries and affiliates. Long-term care insurance is issued by Northwestern Long Term Care Insurance Company, Milwaukee, WI, a subsidiary of The Northwestern Mutual Life Insurance Company. Securities and investment advisory programs are offered through Northwestern Mutual Investment Services, LLC (NMIS), a wholly-owned company of The Northwestern Mutual Life Insurance Company and a dually registered broker-dealer and investment adviser, member FINRA and SIPC. Investment advisory programs and trust services are offered through Northwestern Mutual Wealth Management Company® (NMWMC), Milwaukee, WI, a wholly-owned company of The Northwestern Mutual Life Insurance Company and limited purpose federal savings bank. The products and services referenced are offered and sold only by appropriately appointed and licensed entities and representatives of such entities. Each Financial Representative represents one or more, but not necessarily all of the entities shown. The Northwestern Mutual Life Insurance Company is neither a registered investment adviser nor a registered broker-dealer.