||Russell Investment Management Company|
||Barrow, Hanley, Mewhinney & Strauss, LLC; MFS Institutional Advisors, Inc.; Pzena Investment Management, LLC; William Blair & Company, LLC (Money managers listed are current as of 12/31/13. Russell has the right to employ or terminate a money manager at any time and without prior notification, as is consistent with its role as investment manager.)|
||A multi-manager fund that invests primarily in equity securities, including common stocks and preferred stocks, issued by companies domiciled outside the U.S. and in depository receipts, which represent ownership of securities of non-U.S. companies. The objective is to provide long-term capital growth.|
||Value, Growth and Market-Oriented|
|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.|
|First Available for Variable Annuity
|First Available for Variable Life
|Top 10 Portfolio Holdings
||% of Net Assets|
|ING Groep NV
|Roche Holding AG
|Royal Dutch Shell PLC
|Wausau Paper Corp.
|Compass Group PLC
|Honda Motor Co., Ltd.
|Imperial Tobacco Group PLC
|% of Total Portfolio
||% of Equities|
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.