|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|
|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.
|Tyler Technologies, Inc.
|Ligand Pharmaceuticals, Inc.
|Granite Construction, Inc.
|U.S. Concrete, Inc.||0.8%
|ACCO Brands Corp.||0.7%
|Universal Electronics, Inc.||0.7%
|% of Total Portfolio||8.7%|
|Sector Weightings||% of Equities|