Northwestern Mutual

Russell Aggressive Equity Fund

Fund Overview
Adviser: Russell Investment Management, LLC
Fund Manager(s): DePrince, Race & Zollo, Inc.; Monarch Partners Asset Management, LLC; RBC Global Asset Management (U.S.) Inc.; Snow Capital Management L.P.; Timpani Capital Management, LLC (Money managers listed are current as of 6/30/16. Russell has the right to employ or terminate a money manager at any time without prior notification, as is consistent with its role as investment manager.)
Objective/Focus: A multi-manager fund that invests primarily in common stocks of small and medium capitalization companies, most of which are U.S. based. The objective is to provide long-term capital growth.
Asset Class: Small-Cap Stocks/Mid-Cap Stocks
Style: Value, Growth and Market-Oriented
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 6/30/16
Fund Inception 04-30-1999
First Available for Variable Annuity 04-30-1999
First Available for Variable Life 06-30-1999
Net Assets $208.76 Million
Top 10 Portfolio Holdings % of Net Assets
Dycom Industries, Inc.
1.4%
Tyler Technologies, Inc.
1.0%
Iberiabank Corp.
0.9%
AMERISAFE, Inc.
0.9%
Ligand Pharmaceuticals, Inc.
0.8%
Granite Construction, Inc.
0.8%
U.S. Concrete, Inc. 0.8%
F.N.B. Corp.
0.7%
ACCO Brands Corp. 0.7%
Universal Electronics, Inc. 0.7%
% of Total Portfolio 8.7%
Sector Weightings % of Equities
Financial Services 25.1%
Producer Durables
17.4%
Technology
15.9%
Consumer Discretionary
14.1%
Health Care 10.9%