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Flexibly Managed Fund


Sub-Adviser - T. Rowe Price Associates:
Since 1937, the T. Rowe Price Associates investment approach strives to achieve superior performance, but is always mindful of the risks incurred relative to the potential rewards. T. Rowe Price's consistent investment philosophy helps mitigate unfavorable changes and take advantage of favorable ones, all while providing its clients with world-class investment guidance and attentive service.

Seeks to maximize total return (capital appreciation and income).


Fund Highlight:
Invests in common stocks of well-established U.S. companies with above-average potential for capital growth as well as convertible securities, preferred stocks, corporate and governmental debt securities.

Investment Matrix

Market Capitalization:
Large Cap - Companies with a market capitalization value of more than $10 billion.

Investment Style:
A blend style seeks to invest in both value securities, as well as growth securities.

Investment Information as of September 30, 2015
Total Assets


Fund Manager(s) David Giroux, CFA
Total Fund Expenses 0.93% (as of 12/31/2015)
Asset Allocation

Stocks 63.6%
Convertibles 2.1%
Fixed Income 26.0%
Cash 8.4%

Top Holdings Marsh & McLennan
Bank of New York Mellon
Thermo Fisher Scientific
Becton, Dickinson & Company
American Tower
Major Sectors Reserves & Others 34.1%
Health Care 17.1%
Financials 11.6%
Industrials 10.2%
Information Technology 8.8%
Consumer Discretionary 6.7%
Consumer Staples 4.4%
Utilities 4.2%
Energy 1.3%
Materials 1.0%
Telecommunication Services 0.7%

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Investors should consider the investment objectives, risks, charges, and expenses of a variable insurance product carefully before investing. Please carefully read the prospectuses for the relevant variable insurance product and its underlying investment options, which contain this and other information about the product.

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