INTERNATIONAL DEVELOPED MARKETS FUND
Fund Overview
Adviser:
Russell Investment Management, LLC
Fund Manager(s):
Intermede Investment Partners Limited and Intermede Global Partners Inc.; Pzena Investment Management, LLC; Wellington Management Company LLP (Money managers listed are current as of 03/31/21. Russell has the right to employ or terminate a money manager at any time and without prior notification, as is consistent with its role as investment manager.)
Objective/Focus:
A multi-manager fund that invest primarily in equity securities issued by companies located in countries (other than the U.S.) with developed markets or that are economically tied to such countries. The objective is to provide long-term capital growth.
Asset Class:
International Stocks
Style:
Value, Growth and Market-Oriented
Overseas investments can pose more risks than domestic investments. Unit values are subject to fluctuations in foreign stock markets, currency values, interest rates, government regulations and political conditions.
Fund Facts as of 03/31/21
Fund Inception
04–30–1999
First Available for Variable Annuity
04–30–1999
First Available for Variable Life
06–30–1999
Net Assets
$410.87 Million
Top 10 Portfolio Holdings % of Net Assets
Nestle SA
1.5%
Alibaba Group Holding, Ltd. Sponsored ADR
1.2%
Volkswagen AG - Preferred
1.1%
Rexel SA
1.1%
Honda Motor Co., Ltd.
1.0%
ING Groep N.V.
1.0%
Heineken NV
1.0%
UBS Group AG
1.0%
Canadian National Railway Co.
0.9%
Samsung Electronics Co., Ltd. - Preferred
0.9%
% of Total Portfolio
10.7%
Country Diversification % of Equities
Europe
57.8%
Asia
34.1%
North America
5.8%
Latin America
1.3%
Africa
0.8%
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.