Northwestern Mutual

Russell Aggressive Equity Fund

Fund Overview
Adviser: Russell Investment Management Company
Fund Manager(s): Conestoga Capital Advisors, LLC; DePrince, Race & Zollo, Inc.; Jacobs Levy Equity Management, Inc.; RBC Global Asset Management (U.S.) Inc.; Ranger Investment Management, L.P.; Signia Capital Management, LLC (Money managers listed are current as of 12/31/14. 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 12/31/14
Fund Inception 04-30-1999
First Available for Variable Annuity 04-30-1999
First Available for Variable Life 06-30-1999
Net Assets $253.90 Million
Top 10 Portfolio Holdings % of Net Assets
Proto Labs, Inc. 1.0%
Granite Construction, Inc. 0.9%
PrivateBancorp, Inc. 0.9%
Tyler Technologies, Inc. 0.9%
Iberiabank Corp. 0.8%
TreeHouse Foods, Inc. 0.8%
Neogen Corp. 0.8%
Cantel Medical Corp. 0.8%
Sonic Corp. 0.7%
Universal Electronics, Inc. 0.7%
% of Total Portfolio 8.3%
Sector Weightings % of Equities
Financial Services 22.8%
Producer Durables
Technology 16.2%
Consumer Discretionary 15.6%
Health Care 10.6%