‡ Lipper is an industry research firm whose rankings are based on total return performance, vary over time, and do not reflect the effects of sales charges. Past performance is not indicative of future results.
Putnam Allstate Advisor Plus
Putnam Emerging Markets Equity Subaccount
The subaccount seeks long-term capital appreciation.
Fund description
The subaccount invests at least 80% of its assets in stocks of emerging market companies believed to have favorable investment potential. It may invest in growth and value stocks of companies of all sizes. The management team focuses on a number of factors when making investment decisions, including company valuation, financial strength, and competitive position within the industry. The team also evaluates projected future earnings and cash flow, as well as dividend yields within the context of current macroeconomic themes.
Sales story
Pursuing growth opportunities in developing economies
- Growth potential: Emerging markets offer the potential for continued growth due to attractive demographics, rising wealth, and increased investment in infrastructure in developing countries.
- A disciplined process: By integrating multiple perspectives into portfolio construction, the fund manager is able to better evaluate individual companies within the context of changing local and global influences.
- Rigorous research: The manager leverages Putnam's global research platform to identify opportunities across emerging and select frontier markets.
Management team
- Andrew J. Yoon, CFA (Investing since 2011)
Daily pricing as of 05/22/20
| with optional enhanced death benefits | ||
|---|---|---|
| Unit Value | $7.320811 | $7.098601 |
| Unit Value Change | -0.133199 | -0.129186 |
Lipper ranking ‡ as of 04/30/20
Category: International Multi-Cp Gro Fds
| Percentile ranking | Rank/Funds in category | |
|---|---|---|
| 10 yrs. | 89% | 47/52 |
| 1 yr. | 73% | 48/65 |
| 3 yrs. | 64% | 39/60 |
| 5 yrs. | 87% | 52/59 |
Quick facts as of 04/30/20
| Fiscal Year End | December |
| Asset Class | Putnam Allstate Advisor Plus |
| Subaccount Status | Open to new investors |
| Number of issues | 60 |
| Turnover (fiscal year end) | 68% |
| Net Assets | $27M |
| Inception Date | 01/02/97 |
Performance
Performance as of 03/31/20
| Annualized Performance | Last Quarter | Year to Date |
1 yr. | 3 yrs. | 5 yrs. | 10 yrs. | Life of subaccount |
|---|---|---|---|---|---|---|---|
| Restated performance | |||||||
| Unit Value | -21.86% | -21.86% | -13.42% | -1.90% | -2.06% | 0.85% | 2.05% |
| Standardized | -28.11% | -28.11% | -20.35% | -4.59% | -3.27% | 0.85% | 2.05% |
| With optional enhanced death benefit | |||||||
| Unit Value | -21.89% | -21.89% | -13.56% | -2.05% | -2.21% | 0.69% | 1.89% |
| Standardized | -28.14% | -28.14% | -20.47% | -4.74% | -3.41% | 0.69% | 1.89% |
| Actual performance | |||||||
| Unit Value | -21.86% | -21.86% | -13.42% | -1.90% | -2.06% | 0.85% | -2.19% |
| Standardized | -28.11% | -28.11% | -20.35% | -4.59% | -3.27% | 0.85% | -2.19% |
| With optional enhanced death benefit | |||||||
| Unit Value | -21.89% | -21.89% | -13.56% | -2.05% | -2.21% | 0.69% | -2.34% |
| Standardized | -28.14% | -28.14% | -20.47% | -4.74% | -3.41% | 0.69% | -2.34% |
Annual Performance at NAV
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
|---|---|---|---|---|---|---|---|---|---|
| 10.41% | -19.21% | 19.07% | 20.41% | -7.65% | -0.50% | -8.21% | 32.89% | -19.95% | 22.93% |
| With optional enhanced death benefit | |||||||||
| 10.24% | -19.33% | 18.89% | 20.23% | -7.79% | -0.65% | -8.35% | 32.69% | -20.07% | 22.75% |
Restated performance
Monthly as of 04/30/20 |
|
|---|---|
| Unit Value | 5.46% |
| Standardized | -2.54% |
YTD as of 05/22/20 |
|
|---|---|
| Unit Value | -15.16% |
| Standardized | -21.95% |
With optional enhanced death benefit
Monthly as of 04/30/20 |
|
|---|---|
| Unit Value | 5.44% |
| Standardized | -2.56% |
YTD as of 05/22/20 |
|
|---|---|
| Unit Value | -15.21% |
| Standardized | -21.99% |
Unit values and performance information shown apply to the specific annuity product listed, not the underlying Putnam Variable Trust fund. This information should not be used by investors who hold an interest in Putnam Variable Trust funds through a different annuity or other variable product. The unit values and performance of other variable products that offer Putnam Variable Trust funds may be higher or lower due to product charges and expenses or other factors.
Data is historical. Past performance is no guarantee of future results. More recent returns may be less or more than those shown. Investment return and principal value will fluctuate, and you may have a gain or a loss when you sell your units.
Returns shown for the subaccounts for periods before their inception are derived from the historical performance of the underlying fund, adjusted to reflect the mortality, expense risk, and surrender charges applicable to this product and do not factor in the annual $30 contract maintenance fee. Additional riders and options for insurance-related charges will increase expenses and lower returns. Please see the prospectus for details. For a portion of the period, subaccounts may have limited expenses, without which returns would have been lower.
Variable annuities are long-term investments designed for retirement purposes. Putnam Capital Manager products are flexible-premium variable annuities held by Talcott Resolution Life, Inc., Simsbury, CT.
Putnam Allstate variable annuities are flexible-premium deferred variable annuities issued by Allstate Life Insurance Company (Allstate Life); underwritten by Allstate Distributors, L.L.C., both of Northbrook, IL; and sold through registered representatives or bank employees who are licensed insurance agents. Please check for availability in your specific state.
These policies have limitations and are sold by prospectus only. The prospectus contains details on the variable annuity, the subaccounts, contract features, fees, expenses, and other pertinent information.
Investors should carefully consider the investment objectives, risks, charges, and expenses of a fund before investing. For a prospectus containing this and other information for any variable annuity or variable life product that invests in Putnam Variable Trust funds, contact your financial advisor for a contract prospectus and prospectus for the underlying funds. You may also call Talcott Resolution at 1-800-521-0538 or Allstate at 1-800-390-1277. Read the prospectuses carefully before investing.
For the most recent month-end performance, please call Talcott Resolution at 1-800-521-0538 or Allstate at 1-800-390-1277.
Holdings
| Alibaba Group Holding | 9.49% |
| Tencent Holdings | 8.63% |
| Taiwan Semiconductor Manufacturing | 6.00% |
| Samsung Electronics | 4.82% |
| iShares Core MSCI Emerging Markets ETF | 4.11% |
| China Mobile Hk | 2.96% |
| Reliance Industries | 2.82% |
| Hdfc Bank | 2.27% |
| Asian Paints | 2.04% |
| Jd.Com | 1.95% |
| Top 10 holdings, total: | 45.09% |
| Top 10 holdings as of 04/30/20 | |
|---|---|
| 1: Alibaba Group Holding | 9.49% |
| 2: Tencent Holdings | 8.63% |
| 3: Taiwan Semiconductor Manufacturing | 6.00% |
| 4: Samsung Electronics | 4.82% |
| 5: iShares Core MSCI Emerging Markets ETF | 4.11% |
| 6: China Mobile Hk | 2.96% |
| 7: Reliance Industries | 2.82% |
| 8: Hdfc Bank | 2.27% |
| 9: Asian Paints | 2.04% |
| 10: Jd.Com | 1.95% |
| Holdings represent 45.09% of portfolio | |
| Top 10 holdings as of 03/31/20 | |
|---|---|
| 1: Tencent Holdings | 4.34% |
| 2: Nestle | 4.11% |
| 3: Astrazeneca | 3.50% |
| 4: Novartis Ag | 2.84% |
| 5: A-Living Services | 2.83% |
| 6: Asml Holding Nv | 2.75% |
| 7: Kering | 2.59% |
| 8: Visa | 2.59% |
| 9: Constellation Software Canada | 2.48% |
| 10: Alibaba Group Holding | 2.38% |
| Holdings represent 30.41% of portfolio | |
| Top 10 holdings as of 02/29/20 | |
|---|---|
| 1: Tencent Holdings | 3.67% |
| 2: Astrazeneca | 2.87% |
| 3: Airbus | 2.73% |
| 4: Nestle | 2.55% |
| 5: Visa | 2.44% |
| 6: Novartis Ag | 2.41% |
| 7: Asml Holding Nv | 2.40% |
| 8: Kering | 2.38% |
| 9: Constellation Software Canada | 2.33% |
| 10: Orpea | 2.23% |
| Holdings represent 26.01% of portfolio | |
| Top 10 holdings as of 01/31/20 | |
|---|---|
| 1: Tencent Holdings | 3.25% |
| 2: Airbus | 3.02% |
| 3: Astrazeneca | 2.95% |
| 4: Novartis Ag | 2.50% |
| 5: Visa | 2.46% |
| 6: Kering | 2.34% |
| 7: Asml Holding Nv | 2.23% |
| 8: Constellation Software Canada | 2.20% |
| 9: Nestle | 2.16% |
| 10: Heineken Nv | 2.15% |
| Holdings represent 25.26% of portfolio | |
| TENCENT HOLDINGS LTD SEDOL BMMV2K8 | 4.34% | NESTLE SA-REG SEDOL 7123870 | 4.11% | ASTRAZENECA PLC SEDOL 0989529 | 3.50% | NOVARTIS AG-REG SEDOL 7103065 | 2.84% | A-LIVING SVCS CO LTD SEDOL BFWK4M2 | 2.83% | ASML HOLDING NV SEDOL B929F46 | 2.75% | VISA INC-CLASS A SHARES SEDOL B2PZN04 | 2.59% | KERING SEDOL 5505072 | 2.59% | CONSTELLATION SOFTWARE INC SEDOL B15C4L6 | 2.48% | ALIBABA GROUP HOLDING-SP ADR SEDOL BP41ZD1 | 2.38% | DASSAULT SYSTEMES SA SEDOL 5330047 | 2.28% | ORPEA SEDOL 7339451 | 2.16% | PING AN INSURANCE GROUP CO-H SEDOL B01FLR7 | 2.16% | HEINEKEN NV SEDOL 7792559 | 2.15% | SONY CORP SEDOL 6821506 | 2.11% | RELIANCE INDUSTRIES LTD SEDOL 6099626 | 1.89% | KERRY GROUP PLC-A SEDOL 4519579 | 1.87% | AIA GROUP LTD SEDOL B4TX8S1 | 1.86% | ADIDAS AG SEDOL 4031976 | 1.82% | ASAHI GROUP HOLDINGS LTD SEDOL 6054409 | 1.75% | HDFC BANK LIMITED SEDOL BK1N461 | 1.75% | SHISEIDO CO LTD SEDOL 6805265 | 1.74% | AIRBUS SE SEDOL 4012250 | 1.73% | WULIANGYE YIBIN CO LTD-A SEDOL BD5CPG2 | 1.52% | LONZA GROUP AG-REG SEDOL 7333378 | 1.52% | QBE INSURANCE GROUP LTD SEDOL 6715740 | 1.47% | DEUTSCHE BOERSE AG SEDOL 7021963 | 1.44% | ASHTEAD GROUP PLC SEDOL 0053673 | 1.41% | DIAGEO PLC SEDOL 0237400 | 1.35% | FU SHOU YUAN INTERNATIONAL SEDOL BH4TZ73 | 1.34% | JD.COM INC-ADR SEDOL BMM27D9 | 1.34% | PALTAC CORPORATION SEDOL B61BG94 | 1.34% | DAIKIN INDUSTRIES LTD SEDOL 6250724 | 1.30% | COMPASS GROUP PLC SEDOL BD6K457 | 1.21% | VINCI SA SEDOL B1XH026 | 1.21% | KONINKLIJKE DSM NV SEDOL B0HZL93 | 1.21% | UNILEVER NV SEDOL B1527V7 | 1.18% | QUILTER PLC SEDOL BDCXV26 | 1.10% | OPEN HOUSE CO LTD SEDOL BD3D170 | 1.08% | YANDEX NV-A SEDOL B5BSZB3 | 1.08% | DINO POLSKA SA SEDOL BD0YVN2 | 1.08% | SK HYNIX INC SEDOL 6450267 | 1.07% | PERNOD RICARD SA SEDOL 4682329 | 1.07% | RENESAS ELECTRONICS CORP SEDOL 6635677 | 1.04% | PRUDENTIAL PLC SEDOL 0709954 | 0.93% | COCA-COLA HBC AG-DI SEDOL B9895B7 | 0.86% | TOYOTA INDUSTRIES CORP SEDOL 6900546 | 0.85% | TMX GROUP LTD SEDOL B8KH5G7 | 0.84% | WH GROUP LTD SEDOL BLLHKZ1 | 0.82% | GRIEG SEAFOOD ASA SEDOL B1Y1P66 | 0.80% | NXP SEMICONDUCTORS NV SEDOL B505PN7 | 0.79% | GVC HOLDINGS PLC SEDOL B5VQMV6 | 0.78% | TALEND SA - ADR SEDOL BD39HN6 | 0.75% | COGECO COMMUNICATIONS INC SEDOL BZCDFX9 | 0.65% | BANK TABUNGAN PENSIUNAN NASI SEDOL BFNBJ41 | 0.58% | COMMERCIAL INTL BANK-GDR REG SEDOL 5668287 | 0.54% | TREASURY BILL 00.0000 08/13/2020 | 0.51% | ARITZIA INC-SUBORDINATE VOTI SEDOL BDCG2C2 | 0.44% | TOKYO SEIMITSU CO LTD SEDOL 6894304 | 0.41% | CENOVUS ENERGY INC SEDOL B57FG04 | 0.38% | DART GROUP PLC SEDOL B1722W1 | 0.29% | GBP/USD 04/15/2020 SSBT | 0.23% | CAD/USD 04/15/2020 JPMCB | 0.21% | CAD/USD 04/15/2020 CITI | 0.18% | CAD/USD 04/15/2020 UBS | 0.17% | CNH/USD 04/15/2020 HSBCB | 0.15% | CAD/USD 04/15/2020 SSBT | 0.11% | AUD/USD 04/15/2020 CITI | 0.08% | EUR/USD 04/15/2020 BCAP-FX | 0.08% | PLN/USD 04/15/2020 BCAP-FX | 0.07% | JPY/USD 04/15/2020 JPMCB | 0.05% | CAD/USD 04/15/2020 HSBCB | 0.04% | KRW/USD 04/14/2020 JPMCB | 0.04% | NOK/USD 04/15/2020 JPMCB | 0.04% | JPY/USD 04/15/2020 GSFX | 0.03% | CAD/USD 04/15/2020 GSFX | 0.03% | JPY/USD 04/15/2020 BANKAM | 0.03% | JPY/USD 04/15/2020 WPAC | 0.03% | SEK/USD 04/15/2020 BCAP-FX | 0.02% | JPY/USD 04/15/2020 SSBT | 0.02% | JPY/USD 04/15/2020 HSBCB | 0.01% | SEK/USD 04/15/2020 GSFX | 0.01% | HKD/USD 04/15/2020 BCAP-FX | 0.00% | HC BRILLANT SERVICES GMBH P/P | 0.00% | NEW BIGFOOT OTHER ASSETS GMBH P/P | 0.00% | NEW MIDDLE EAST OTHER ASSETS GMBH P/P | 0.00% | GBP/USD 04/15/2020 BCAP-FX | -0.00% | SEK/USD 04/15/2020 JPMCB | -0.00% | AUD/USD 04/15/2020 BCAP-FX | -0.01% | CAD/USD 04/15/2020 BCAP-FX | -0.01% | EUR/USD 04/15/2020 GSFX | -0.01% | GBP/USD 04/15/2020 WPAC | -0.01% | EUR/USD 04/15/2020 CITI | -0.02% | ILS/USD 04/16/2020 SSBT | -0.02% | GBP/USD 04/15/2020 RBSF | -0.02% | CAD/USD 04/15/2020 WPAC | -0.03% | NZD/USD 04/15/2020 JPMCB | -0.03% | EUR/USD 04/15/2020 HSBCB | -0.03% | AUD/USD 04/15/2020 JPMCB | -0.04% | CHF/USD 04/15/2020 JPMCB | -0.05% | DKK/USD 04/15/2020 CITI | -0.06% | AUD/USD 04/15/2020 UBS | -0.07% | SGD/USD 04/15/2020 JPMCB | -0.07% | GBP/USD 04/15/2020 JPMCB | -0.08% | GBP/USD 04/15/2020 UBS | -0.08% | AUD/USD 04/15/2020 RBSF | -0.09% | EUR/USD 04/15/2020 UBS | -0.13% | SEK/USD 04/15/2020 RBSF | -0.16% | AUD/USD 04/15/2020 WPAC | -0.48% |
| ASTRAZENECA PLC SEDOL 0989529 | 2.83% | AIRBUS SE SEDOL 4012250 | 2.83% | PRUDENTIAL PLC SEDOL 0709954 | 2.53% | KERING SEDOL 5505072 | 2.41% | ASML HOLDING NV SEDOL B929F46 | 2.26% | VISA INC-CLASS A SHARES SEDOL B2PZN04 | 2.24% | TENCENT HOLDINGS LTD SEDOL BMMV2K8 | 2.21% | ASHTEAD GROUP PLC SEDOL 0053673 | 2.19% | HEINEKEN NV SEDOL 7792559 | 1.99% | CONSTELLATION SOFTWARE INC SEDOL B15C4L6 | 1.94% | ORPEA SEDOL 7339451 | 1.92% | ADIDAS AG SEDOL 4031976 | 1.90% | NOVARTIS AG-REG SEDOL 7103065 | 1.90% | GRIEG SEAFOOD ASA SEDOL B1Y1P66 | 1.89% | DASSAULT SYSTEMES SA SEDOL 5330047 | 1.87% | QBE INSURANCE GROUP LTD SEDOL 6715740 | 1.80% | SONY CORP SEDOL 6821506 | 1.79% | ASAHI GROUP HOLDINGS LTD SEDOL 6054409 | 1.78% | QUILTER PLC SEDOL BDCXV26 | 1.69% | HDFC BANK LIMITED SEDOL BK1N461 | 1.66% | AIA GROUP LTD SEDOL B4TX8S1 | 1.60% | DART GROUP PLC SEDOL B1722W1 | 1.60% | RHEINMETALL AG SEDOL 5334588 | 1.56% | SHISEIDO CO LTD SEDOL 6805265 | 1.56% | A-LIVING SVCS CO LTD SEDOL BFWK4M2 | 1.50% | KERRY GROUP PLC-A SEDOL 4519579 | 1.49% | RENESAS ELECTRONICS CORP SEDOL 6635677 | 1.47% | OPEN HOUSE CO LTD SEDOL BD3D170 | 1.47% | COMPASS GROUP PLC SEDOL BD6K457 | 1.43% | PALTAC CORPORATION SEDOL B61BG94 | 1.41% | SINO-AMERICAN SILICON PRODUC SEDOL 6335278 | 1.36% | AIR CANADA SEDOL BSDHYK1 | 1.36% | DIAGEO PLC SEDOL 0237400 | 1.32% | CAIRN ENERGY PLC SEDOL B74CDH8 | 1.32% | CLINIGEN GROUP PLC SEDOL B89J241 | 1.30% | GVC HOLDINGS PLC SEDOL B5VQMV6 | 1.22% | IRB BRASIL RESSEGUROS SA SEDOL BYZ6D56 | 1.21% | DEUTSCHE BOERSE AG SEDOL 7021963 | 1.20% | SCREEN HOLDINGS CO LTD SEDOL 6251028 | 1.17% | ARITZIA INC-SUBORDINATE VOTI SEDOL BDCG2C2 | 1.14% | SOLASTO CORP SEDOL BD97240 | 1.12% | DAIHO CORP SEDOL 6250360 | 1.11% | DINO POLSKA SA SEDOL BD0YVN2 | 1.11% | CTS EVENTIM AG & CO KGAA SEDOL 5881857 | 1.10% | DAIKIN INDUSTRIES LTD SEDOL 6250724 | 1.08% | RELIANCE INDUSTRIES LTD SEDOL 6099626 | 1.06% | LOGAN PROPERTY HOLDINGS CO L SEDOL BH6X937 | 1.05% | CENOVUS ENERGY INC SEDOL B57FG04 | 1.01% | FREEPORT-MCMORAN INC SEDOL 2352118 | 1.01% | UNILEVER NV SEDOL B1527V7 | 1.01% | LONZA GROUP AG-REG SEDOL 7333378 | 1.00% | MERCK & CO. INC. SEDOL 2778844 | 0.99% | COCA-COLA HBC AG-DI SEDOL B9895B7 | 0.99% | FU SHOU YUAN INTERNATIONAL SEDOL BH4TZ73 | 0.96% | NXP SEMICONDUCTORS NV SEDOL B505PN7 | 0.91% | JARIR MARKETING CO 144A/REGS WARRANT 02/04/2020 | 0.88% | OUTSOURCING INC SEDOL B03XKH2 | 0.84% | ALPHABET INC-CL A SEDOL BYVY8G0 | 0.76% | ING GROEP NV-CVA SEDOL 7154182 | 0.75% | PERNOD RICARD SA SEDOL 4682329 | 0.74% | BAYCURRENT CONSULTING INC SEDOL BYP20B9 | 0.74% | KONINKLIJKE DSM NV SEDOL B0HZL93 | 0.72% | TMX GROUP LTD SEDOL B8KH5G7 | 0.70% | MEDIA NUSANTARA CITRA TBK PT SEDOL B1Z5HY9 | 0.69% | VINCI SA SEDOL B1XH026 | 0.69% | WH GROUP LTD SEDOL BLLHKZ1 | 0.69% | KYUDENKO CORP SEDOL 6499969 | 0.65% | TALEND SA - ADR SEDOL BD39HN6 | 0.61% | SAFARICOM PLC SEDOL B2QN3J6 | 0.56% | COMMERCIAL INTL BANK-GDR REG SEDOL 5668287 | 0.55% | BANK TABUNGAN PENSIUNAN NASI SEDOL BFNBJ41 | 0.52% | DALATA HOTEL GROUP PLC SEDOL BJMZDW8 | 0.48% | TOKYO SEIMITSU CO LTD SEDOL 6894304 | 0.43% | YANDEX NV-A SEDOL B5BSZB3 | 0.40% | CHF/USD 03/18/2020 JPMCB | 0.05% | AUD/USD 01/15/2020 RBSF | 0.03% | EUR/USD 03/18/2020 HSBCB | 0.02% | EUR/USD 03/18/2020 CITI | 0.01% | NZD/USD 01/15/2020 JPMCB | 0.01% | AUD/USD 01/15/2020 JPMCB | 0.01% | SGD/USD 02/19/2020 JPMCB | 0.01% | EUR/USD 03/18/2020 WPAC | 0.00% | GBP/USD 03/18/2020 UBS | 0.00% | DKK/USD 03/18/2020 CITI | 0.00% | GLOBAL FASHION GRP P/P | 0.00% | HKD/USD 02/19/2020 BCAP-FX | 0.00% | ILS/USD 01/15/2020 SSBT | 0.00% | JPY/USD 02/19/2020 BCAP-FX | 0.00% | JPY/USD 02/19/2020 WPAC | 0.00% | EUR/USD 03/18/2020 GSFX | 0.00% | SEK/USD 03/18/2020 JPMCB | 0.00% | HC BRILLANT SERVICES GMBH P/P | 0.00% | JPY/USD 02/19/2020 BANKAM | 0.00% | JPY/USD 02/19/2020 UBS | 0.00% | NEW BIGFOOT OTHER ASSETS GMBH P/P | 0.00% | NEW MIDDLE EAST OTHER ASSETS GMBH P/P | 0.00% | AUD/USD 01/15/2020 BCAP-FX | -0.00% | JPY/USD 02/19/2020 JPMCB | -0.00% | JPY/USD 02/19/2020 SSBT | -0.00% | CAD/USD 01/15/2020 UBS | -0.00% | NOK/USD 03/18/2020 HSBCB | -0.00% | CAD/USD 01/15/2020 HSBCB | -0.01% | EUR/USD 03/18/2020 JPMCB | -0.01% | GBP/USD 03/18/2020 GSFX | -0.01% | NOK/USD 03/18/2020 UBS | -0.02% | CNH/USD 02/19/2020 HSBCB | -0.02% | EUR/USD 03/18/2020 BCAP-FX | -0.02% | CAD/USD 01/15/2020 SSBT | -0.02% | PLN/USD 03/18/2020 BCAP-FX | -0.02% | GBP/USD 03/18/2020 JPMCB | -0.03% | NOK/USD 03/18/2020 JPMCB | -0.03% | CAD/USD 01/15/2020 CITI | -0.04% | CAD/USD 01/15/2020 JPMCB | -0.04% | BRL/USD 02/04/2020 BANKAM | -0.07% |
Portfolio Composition as of 04/30/20
| Common stock | 97.28% |
| Preferred stock | 1.92% |
| Cash and net other assets | 0.80% |
Consider these risks before investing: International investing involves currency, economic, and political risks. Emerging-market securities carry illiquidity and volatility risks. Investments in small and/or midsize companies increase the risk of greater price fluctuations. From time to time, the fund may invest a significant portion of its assets in companies in one or more related industries or sectors, which would make the fund more vulnerable to adverse developments affecting those industries or sectors. Growth stocks may be more susceptible to earnings disappointments, and value stocks may fail to rebound. Risks associated with derivatives include increased investment exposure (which may be considered leverage) and, in the case of over-the-counter instruments, the potential inability to terminate or sell derivatives positions and the potential failure of the other party to the instrument to meet its obligations. The value of investments in the fund’s portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including general economic, political or financial market conditions, investor sentiment and market perceptions, government actions, geopolitical events or changes, and factors related to a specific issuer, geography, industry or sector. These and other factors may lead to increased volatility and reduced liquidity in the fund’s portfolio holdings. You can lose money by investing in the fund. Variable annuities are long-term investments designed for retirement purposes. Withdrawals prior to age 59 1/2 may be subject to a 10% IRS penalty.
Top Industry Sectors as of 04/30/20
| Consumer discretionary | 23.62% |
|---|---|
| Information technology | 17.99% |
| Communication services | 17.59% |
| Industrials | 8.11% |
| Consumer staples | 7.01% |
| Financials | 6.62% |
| Health care | 4.95% |
| Energy | 4.44% |
| Unclassified | 4.11% |
| Other | 5.56% |
0
Country Allocation as of 04/30/20
| China | 38.97% |
|---|---|
| Taiwan | 12.44% |
| India | 9.86% |
| South Korea | 8.51% |
| Brazil | 4.85% |
| United States | 4.11% |
| Russia | 3.79% |
| South Africa | 2.26% |
| Mexico | 1.93% |
| Other | 13.28% |
0
Expenses
Sales Charges/Fees
| Breakpoint | Sales Charge | Dealer Allowance | CDSC Liab |
|---|---|---|---|
| $0 - $0 | 0.00% | 0.00% | N |
CDSC
| Year | Percent |
|---|---|
| 1 | 8.00% |
| 2 | 8.00% |
| 3 | 8.00% |
| 4 | 7.00% |
| 5 | 6.00% |
| 6 | 5.00% |
| 7 | 4.00% |
| 8 | 3.00% |
| 9+ | 0.00% |