Why invest in this Fund?
The fund seeks to match the performance of the Standard & Poor's 500 Composite Stock Price Index('S&P 500 Index').
To pursue this goal, the fund generally is fullyinvested in stocks included in the S&P 500 Index, and in futures whose performance is tied to the S&P 500 Index. The fund attempts to have a correlation between its performance and that of the index of at least .95, before expenses. A correlation of 1.00 would mean that the fund and the S&P 500 Index were perfectly correlated.
The fund generally invests in all 500 stocks in the S&P 500 Index in proportion to their weighting in the S&P 500 Index. The S&P 500 Index is a capitalization-weighted unmanaged index of 500 common stocks chosen to reflect the industries of the U.S.economy and is often considered a proxy for the stock market in general. The fund may also use stock index futures as a substitute for the sale or purchase of securities.
This fund is only offered as an underlying investment option for variable annuity contracts and variable life insurance policies and is not sold directly to the general public. Please refer investors to the applicable variable annuity or variable life insurance prospectus as well as the underlying fund prospectus for more detailed information and other important considerations, which should be read carefully before investing.
Fees & Expenses
Variable insurance products have additional fees, charges and expenses. Please consult the applicable variable contract prospectus for more detailed information.
Portfolio Manager/Sub-Investment Adviser
Top HoldingsAs of 08/31/23
Equity funds are subject generally to market, market sector, market liquidity, issuer, and investment style risks, among other factors, to varying degrees, all of which are more fully described in the fund's prospectus.
The fund uses an indexing strategy. It does not attempt to manage market volatility, use defensive strategies or reduce the effects of any long-term periods of poor stock performance.