Northwestern Mutual

Research International Core Fund

Fund Overview
Adviser: Mason Street Advisors, LLC
Subadviser: Massachusetts Financial Services Company
Objective/Focus: The Portfolio primarily invests in foreign equity securities, including emerging market equity securities. The objective is capital appreciation.
Asset Class: International Stocks
Style: Blend
Investors should be aware of the risks of investments in foreign securities, particularly investments in securities of companies in developing nations. These include the risks of currency fluctuation, of political and economic instability and of less well-developed government supervision and regulation of business and industry practices, as well as differences in accounting standards.
Investing in small company stocks involves a greater degree of risk than investing in medium or large company stocks. Investing in medium company stocks involves a greater degree of risk than investing in large company stocks.
Fund Facts as of 12/31/15
Fund Inception 04-30-2007
First Available for Variable Annuity 04-30-2007
First Available for Variable Life 06-30-2011
Net Assets $498.39 Million
Top 10 Portfolio Holdings % of Net Assets
Roche Holding AG 3.7%
Nestle SA 3.5%
Novartis AG 3.3%
HSBC Holdings PLC 2.1%
Bayer AG 1.9%
Danone SA 1.9%
Mitsubishi UFJ Financial Group, Inc. 1.9%
Westpac Banking Corp. 1.8%
UBS Group AG 1.8%
Schneider Electric SE 1.7%
Total % of Net Assets 23.6%
Download Publicly Disclosed Holdings
Geographic Allocation % of Equities
Europe 61.2%
Asia 27.5%
Australia/New Zealand
North America
Latin America/Caribbean 2.8%