Northwestern Mutual

Russell Aggressive Equity Fund

Fund Overview
Adviser: Russell Investment Management Company
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 12/31/15. 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 12/31/15
Fund Inception 04-30-1999
First Available for Variable Annuity 04-30-1999
First Available for Variable Life 06-30-1999
Net Assets $218.14 Million
Top 10 Portfolio Holdings % of Net Assets
Tyler Technologies, Inc. 1.1%
LendingTree, Inc. 0.9%
AMERISAFE, Inc. 0.9%
Universal Electronics, Inc. 0.8%
Ligand Pharmaceuticals, Inc. 0.8%
F.N.B. Corp. 0.7%
INC Research Holdings, Inc. 0.7%
Granite Construction, Inc. 0.7%
John B Sanfilippo & Sons, Inc. 0.7%
STERIS PLC 0.7%
% of Total Portfolio 8.0%
Sector Weightings % of Equities
Financial Services 26.4%
Producer Durables
15.2%
Technology
15.1%
Consumer Discretionary
14.8%
Health Care 11.3%