|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 12/31/16. 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 12/31/16|
|First Available for Variable Annuity||04-30-1999|
|First Available for Variable Life||06-30-1999|
|Net Assets||$228.71 Million|
|Top 10 Portfolio Holdings||% of Net Assets|
|PBF Energy, Inc.
|ACCO Brands Corp.
|Diebold Nixdorf, Inc.
|American Equity Investment Life Holding Co.
|A. Schulman, Inc.
|The Hanover Insurance Group, Inc.||0.7%
|Lannett Company, Inc.||0.7%
|% of Total Portfolio||8.5%|
|Sector Weightings||% of Equities|