Large Cap Blend 

Fund Overview
Adviser: Mason Street Advisors, LLC
Subadviser: Fiduciary Management, Inc.
Objective/Focus: Invests primarily in a core group of 20-30 equity securities and American Depositary Receipts (ADRs). Seeks stocks of good businesses selling at value prices. The objective is to seek long-term growth of capital and income.
Asset Class: Large-Cap Stocks
Style: Blend
Funds with a limited number of holdings may be more greatly affected by any single event or market development than funds that include more holdings.
Fund Facts as of 09/30/14
Fund Inception 04-30-2007
First Available for Variable Annuity 04-30-2007
First Available for Variable Life 06-30-2011
Net Assets $159.57 Million
Top 10 Portfolio Holdings % of Net Assets
Potash Corp. of Saskatchewan, Inc. 5.9%
Accenture PLC - Class A 5.2%
The Bank of New York Mellon Corp. 5.1%
Berkshire Hathaway, Inc. - Class B 5.1%
UnitedHealth Group, Inc. 5.1%
Schlumberger, Ltd. 4.4%
Devon Energy Corp. 4.4%
AmerisourceBergen Corp. 4.0%
3M Co. 3.9%
Total % of Net Assets 47.1%
Download Publicly Disclosed Holdings
Sector Weightings % of Equities
Financials 22.6%
Industrials 16.2%
Information Technology 15.1%
Consumer Staples 10.6%
Health Care 9.9%

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. 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.

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