Fund Overview

Adviser:

Russell Investment Management, LLC

Objective/Focus:

A broadly diversified fund of funds, investing in a combination of underlying funds consisting of approximately 95-100% equity (U.S., non-U.S., including real estate) and 0-5% fixed income. The objective is to provide high long-term capital appreciation.

Asset Class:

Value, Growth and Market-Oriented

Russell Investment Group, a Washington USA corporation, operates through subsidiaries worldwide.

Each of the Divisions identified as a LifePoints Variable Target Portfolio Series Fund (LifePoints Fund) is a fund of funds and diversified its assets by investing, at present, in other mutual funds (the “Underlying Fund”). Each LifePoints fund seeks to achieve a specific investment objective by investing in different combinations of the Underlying Funds.

LifePoints® and the Russell Investments logo are registered trademarks and service marks of Russell Investment Group.

No investment strategy can guarantee a profit or protect against a loss.

Fund Facts as of 06/30/21

Fund Inception

04–30–2007

First Available for Variable Annuity

04–30–2007

First Available for Variable Life

06–30–2011

Net Assets

$49.69 Million

Underlying Funds % of Net Assets

RIF U.S. Strategic Equity Fund

22.8%

RIC Sustainable Equity Fund

0.0%

RIC U.S. Dynamic Equity Fund

0.0%

RIF U.S. Small Cap Equity Fund

5.0%

RIF International Developed Markets Fund

6.8%

RIC Global Equity Fund

48.1%

RIC Emerging Markets Fund

2.5%

RIC Commodity Strategies Fund

0.0%

RIC Global Infrastructure Fund

0.0%

RIF Global Real Estate Securities Fund

4.9%

RIC Opportunistic Credit Fund

0.0%

RIC Unconstrained Total Return Fund

0.0%

RIF Strategic Bond Fund

0.0%

RIC Investment Grade Bond Fund

0.0%

RIC Short Duration Bond Fund

0.0%

RIC Multi-Strategy Income Fund

0.0%

RIC Multi-Asset Growth Strategy Fund

9.9%

% of Total Portfolio

100%