Northwestern Mutual

International Equity Fund

Fund Overview
Adviser: Mason Street Advisors, LLC
Subadviser: Templeton Investment Counsel, LLC
Objective/Focus: Primarily invests in stocks of non-U.S. companies believed to be undervalued. Investments may include small, medium and large capitalization issues. The objective is long-term capital growth.
Asset Class: International Stocks
Style: Value
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.

Investing in small company stocks involves a greater degree of risk than investing in medium or large company stocks.
Fund Facts as of 6/30/16
Fund Inception 04-30-1993
First Available for Variable Annuity 04-30-1993
First Available for Variable Life 05-03-1994
Net Assets $1.57 Billion
Top 10 Portfolio Holdings % of Net Assets
Samsung Electronics Co., Ltd. 2.5%
Singapore Telecommunications, Ltd. 2.2%
BP PLC 2.0%
Telenor ASA 1.9%
Royal Dutch Shell PLC - Class B 1.7%
Galp Energia SGPS SA 1.7%
DBS Group Holdings, Ltd. 1.7%
Merck KGaA 1.7%
Roche Holding AG 1.7%
Taiwan Semiconductor Manufacturing Co., Ltd. 1.6%
Total % of Net Assets 18.7%
Download Publicly Disclosed Holdings
Geographic Allocation % of Equities
Europe 61.3%
Asia 32.9%
North America
4.3%
Mid East/Africa
1.5%