Mason Street Advisors, LLC
Delaware Investments Fund Advisers
Invests primarily in a core group of 30-40 U.S. equity securities believed to be undervalued relative to their intrinsic value. The objective is to seek long – term growth of capital and income.
Funds with a limited number of holdings may be more greatly affected by any single event or market development than funds that include more holdings.
Fund Facts as of 12/31/18
First Available for Variable Annuity
First Available for Variable Life
Top 10 Portfolio Holdings % of Net Assets
Merck & Co., Inc.
Verizon Communications, Inc.
Dollar Tree, Inc.
Waste Management, Inc.
Cisco Systems, Inc.
Mondelez International, Inc.
Marsh & McLennan Cos., Inc.
Total % of Net Assets
Sector Weightings % of Equities
Before investing in a variable product, you should carefully consider the objectives, risks and charges associated with its investment options. For this and other information about a Contract, you should obtain the appropriate Contract and underlying fund prospectuses by contacting your Northwestern Mutual Financial Representative. Read the prospectuses carefully before you invest.
Mason Street Advisors, LLC (MSA) is the principal investment adviser for all the Portfolios in the Northwestern Mutual Series Fund (Series Fund). (Portfolios in the Series Fund are identified by the parenthetical next to the portfolio name.) MSA has engaged and oversees sub-advisers who provide day-to-day management for certain of the Series Fund Portfolios. Each sub-adviser may be replaced without the approval of shareholders. Please see the prospectus for more information. Additional fund options are advised by Russell Investments, Fidelity Investments, Neuberger Berman Investment Advisers LLC and Credit Suisse Asset Management, LLC
All securities are offered through Northwestern Mutual Investment Services LLC, (NMIS), 720 E. Wisconsin Avenue, Milwaukee, WI 53202, 1-866-664-7737. Member FINRA and SIPC. NMIS is a subsidiary of Northwestern Mutual.