Northwestern Mutual

Focused Appreciation Fund

Fund Overview
Adviser: Mason Street Advisors, LLC
Subadviser: Loomis Sayles Company
Objective/Focus: Invests primarily in a core group of 20-40 equity securities of companies selected for their growth potential. May invest in companies of any size from larger, well-established issuers to smaller, emerging growth companies. The objective is long-term capital growth.
Asset Class: Large-Cap Stocks
Style: Growth
Investing in small company stocks involves a greater degree of risk than investing in medium or large company stocks.
Oversees 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.

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 12/31/15
Fund Inception 05-01-2003
First Available for Variable Annuity 05-01-2003
First Available for Variable Life 05-01-2003
Net Assets $778.84 Million
Top 10 Portfolio Holdings % of Net Assets, Inc. 7.1%
Facebook, Inc. - Class A 5.9%
Visa, Inc. - Class A 5.2%
Cisco Systems, Inc. 4.7%
Monster Beverage Corp. 4.6%
Alibaba Group Holding, Ltd., ADR
Oracle Corp.
Novo Nordisk A/S, ADR
Danone SA, ADR
The Coca-Cola Co.
Total % of Net Assets 46.9%
Download Publicly Disclosed Holdings
Sector Weightings % of Equities
Information Technology
Consumer Staples
Health Care 13.8%
Financials 11.9%
Consumer Discretionary