Mason Street Advisors, LLC
Massachusetts Financial Services Company
The Portfolio primarily invests in foreign equity securities, including emerging market equity securities. The objective is capital appreciation.
Investors should be aware of the risks of investments in foreign securities, particularly investments in securities of companies in developing nations. These include the risks of currency fluctuation, of political and economic instability and of less well-developed government supervision and regulation of business and industry practices, as well as differences in accounting standards.
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 12/31/19
First Available for Variable Annuity
First Available for Variable Life
Top 10 Portfolio Holdings % of Net Assets
Roche Holding AG
Schneider Electric SE
Novo Nordisk AS – Class B
AIA Group, Ltd.
LVMH Moet Hennessy Louis Vuitton SE
BNP Paribas SA
Santen Pharmaceutical Co., Ltd.
Daikin Industries, Ltd.
Total % of Net Assets
Geographic Allocation % of Equities
Australia and New Zealand
Latin America and the Caribbean
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.