‡ 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 International Value Subaccount
The subaccount seeks capital growth. Current income is a secondary objective.
Fund description
The subaccount applies Putnam's value-oriented strategy of seeking undervalued stocks outside the United States. By buying mostly dividend paying stocks with relatively low valuations, the fund pursues capital growth and, secondarily, current income. The fund is positioned to benefit from the spread of corporate strategies focusing on shareholder value outside the United States.
Sales story
Benefiting from undervalued international companies experiencing positive change International companies The fund invests in international large and midsize companies to benefit from business opportunities outside the United States.A value strategy The fund focuses on companies whose stocks are priced below their long-term potential, and where there may be a catalyst for positive change.Building competitive portfolios The portfolio manager uses fundamental research as the cornerstone of the investment process. This research is supported by quantitative tools and macroeconomic analysis.
Management team
- Darren A. Jaroch, CFA (Investing since 1996)
- Lauren B. DeMore, CFA (Investing since 2002)
Daily pricing as of 09/16/21
| with optional enhanced death benefits | ||
|---|---|---|
| Unit Value | $16.517679 | $15.984736 |
| Unit Value Change | -0.07274 | -0.07046 |
Lipper ranking ‡ as of 08/31/21
Category: International Large-Cp Val Fds
| Percentile ranking | Rank/Funds in category | |
|---|---|---|
| 10 yrs. | 28% | 3/10 |
| 1 yr. | 26% | 3/11 |
| 3 yrs. | 26% | 3/11 |
| 5 yrs. | 34% | 4/11 |
Quick facts as of 08/31/21
| Fiscal Year End | December |
| Asset Class | Putnam Allstate Advisor Plus |
| Subaccount Status | Open to new investors |
| Number of issues | 74 |
| Turnover (fiscal year end) | 17% |
| Net Assets | $84M |
| Inception Date | 01/02/97 |
Performance
Performance as of 06/30/21
| Annualized Performance | Last Quarter | Year to Date |
1 yr. | 3 yrs. | 5 yrs. | 10 yrs. | Life of subaccount |
|---|---|---|---|---|---|---|---|
| Restated performance | |||||||
| Unit Value | 3.21% | 11.82% | 36.38% | 4.84% | 7.25% | 2.95% | 3.67% |
| Standardized | -4.79% | 3.82% | 28.38% | 2.35% | 6.33% | 2.95% | 3.67% |
| With optional enhanced death benefit | |||||||
| Unit Value | 3.17% | 11.73% | 36.17% | 4.68% | 7.09% | 2.79% | 3.51% |
| Standardized | -4.83% | 3.73% | 28.17% | 2.19% | 6.16% | 2.79% | 3.51% |
| Actual performance | |||||||
| Unit Value | 3.21% | 11.82% | 36.38% | 4.84% | 7.25% | 2.95% | 2.18% |
| Standardized | -4.79% | 3.82% | 28.38% | 2.35% | 6.33% | 2.95% | 2.18% |
| With optional enhanced death benefit | |||||||
| Unit Value | 3.17% | 11.73% | 36.17% | 4.68% | 7.09% | 2.79% | 2.03% |
| Standardized | -4.83% | 3.73% | 28.17% | 2.19% | 6.16% | 2.79% | 2.03% |
Annual Performance at NAV
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|---|---|---|---|
| -15.16% | 19.75% | 20.26% | -10.94% | -3.57% | -0.51% | 22.71% | -18.94% | 18.30% | 2.28% |
| With optional enhanced death benefit | |||||||||
| -15.29% | 19.57% | 20.07% | -11.07% | -3.72% | -0.66% | 22.52% | -19.06% | 18.12% | 2.12% |
Restated performance
Monthly as of 08/31/21 |
|
|---|---|
| Unit Value | 1.74% |
| Standardized | -6.26% |
YTD as of 09/16/21 |
|
|---|---|
| Unit Value | 14.63% |
| Standardized | 6.63% |
With optional enhanced death benefit
Monthly as of 08/31/21 |
|
|---|---|
| Unit Value | 1.72% |
| Standardized | -6.28% |
YTD as of 09/16/21 |
|
|---|---|
| Unit Value | 14.51% |
| Standardized | 6.51% |
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.
Risk Characteristics as of 08/31/21
| Alpha (%) | 3.29 |
| Beta | 0.99 |
| R Squared | 0.98 |
| Standard Deviation (3 yrs.) | 20.21 |
Holdings
| Ing Groep Nv | 3.42% |
| Sanofi | 3.01% |
| Vinci | 2.59% |
| Aia Group | 2.53% |
| Siemens Ag | 2.48% |
| Sony Group Corp | 2.45% |
| Australia New Zealand Banking Group | 2.30% |
| Mitsubishi Corp | 2.19% |
| Veolia Environnement | 2.13% |
| Sumitomo Mitsui Financial Group | 2.02% |
| Top 10 holdings, total: | 25.12% |
| Top 10 holdings as of 08/31/21 | |
|---|---|
| 1: Ing Groep Nv | 3.42% |
| 2: Sanofi | 3.01% |
| 3: Vinci | 2.59% |
| 4: Aia Group | 2.53% |
| 5: Siemens Ag | 2.48% |
| 6: Sony Group Corp | 2.45% |
| 7: Australia New Zealand Banking Group | 2.30% |
| 8: Mitsubishi Corp | 2.19% |
| 9: Veolia Environnement | 2.13% |
| 10: Sumitomo Mitsui Financial Group | 2.02% |
| Holdings represent 25.12% of portfolio | |
| Top 10 holdings as of 07/31/21 | |
|---|---|
| 1: Ing Groep Nv | 3.22% |
| 2: Sanofi | 3.03% |
| 3: Vinci | 2.58% |
| 4: Aia Group | 2.57% |
| 5: Sony Group Corp | 2.50% |
| 6: Siemens Ag | 2.35% |
| 7: Australia New Zealand Banking Group | 2.32% |
| 8: Mitsubishi Corp | 2.08% |
| 9: Veolia Environnement | 2.06% |
| 10: Anglo American | 2.05% |
| Holdings represent 24.76% of portfolio | |
| Top 10 holdings as of 06/30/21 | |
|---|---|
| 1: Ing Groep Nv | 3.28% |
| 2: Sanofi | 3.06% |
| 3: Aia Group | 2.64% |
| 4: Vinci | 2.59% |
| 5: Australia New Zealand Banking Group | 2.40% |
| 6: Siemens Ag | 2.38% |
| 7: Sony Group Corp | 2.33% |
| 8: Sumitomo Mitsui Financial Group | 2.04% |
| 9: Mitsubishi Corp | 2.00% |
| 10: Veolia Environnement | 1.89% |
| Holdings represent 24.61% of portfolio | |
| Top 10 holdings as of 05/31/21 | |
|---|---|
| 1: Ing Groep Nv | 3.26% |
| 2: Novartis Ag | 2.90% |
| 3: Aia Group | 2.67% |
| 4: Vinci | 2.60% |
| 5: Australia New Zealand Banking Group | 2.38% |
| 6: Siemens Ag | 2.33% |
| 7: Sumitomo Mitsui Financial Group | 2.05% |
| 8: Sanofi | 1.98% |
| 9: Anglo American | 1.93% |
| 10: Bnp Paribas | 1.90% |
| Holdings represent 24.00% of portfolio | |
| ING GROEP NV-CVA SEDOL 7154182 | 3.28% | SANOFI SEDOL 5671735 | 3.06% | AIA GROUP LTD SEDOL B4TX8S1 | 2.64% | VINCI SA SEDOL B1XH026 | 2.59% | AUST AND NZ BANKING GROUP SEDOL 6065586 | 2.40% | SIEMENS AG-REG SEDOL 5727973 | 2.38% | SONY GROUP CORP SEDOL 6821506 | 2.33% | SUMITOMO MITSUI FINANCIAL GR SEDOL 6563024 | 2.04% | MITSUBISHI CORP SEDOL 6596785 | 2.00% | VEOLIA ENVIRONNEMENT SEDOL 4031879 | 1.89% | DEUTSCHE POST AG-REG SEDOL 4617859 | 1.88% | NIPPON TELEGRAPH & TELEPHONE SEDOL 6641373 | 1.87% | BNP PARIBAS SEDOL 7309681 | 1.83% | ASTRAZENECA PLC SEDOL 0989529 | 1.81% | ANGLO AMERICAN PLC SEDOL B1XZS82 | 1.80% | PRUDENTIAL PLC SEDOL 0709954 | 1.76% | SAMSUNG ELECTRONICS CO LTD SEDOL 6771720 | 1.76% | NOVARTIS AG-REG SEDOL 7103065 | 1.69% | MINEBEA CO LTD SEDOL 6642406 | 1.68% | HANA FINANCIAL GROUP SEDOL B0RNRF5 | 1.63% | VODAFONE GROUP PLC SEDOL BH4HKS3 | 1.63% | AXA SA SEDOL 7088429 | 1.61% | RIO TINTO PLC SEDOL 0718875 | 1.58% | KINGFISHER PLC SEDOL 3319521 | 1.58% | QBE INSURANCE GROUP LTD SEDOL 6715740 | 1.58% | MAGNA INTERNATIONAL INC SEDOL 2554475 | 1.51% | COCA-COLA EUROPACIFIC PARTNE SEDOL BYQQ3P5 | 1.47% | BP PLC SEDOL 0798059 | 1.44% | SUNCOR ENERGY INC SEDOL B3NB1P2 | 1.42% | HOYA CORP SEDOL 6441506 | 1.41% | UBS GROUP AG-REG SEDOL BRJL176 | 1.37% | YAMAHA MOTOR CO LTD SEDOL 6985264 | 1.31% | CRH PLC SEDOL 4182249 | 1.30% | KONINKLIJKE AHOLD DELHAIZE N SEDOL BD0Q398 | 1.27% | ALLIANZ SE-REG SEDOL 5231485 | 1.26% | SSE PLC SEDOL 0790873 | 1.26% | AIB GROUP PLC SEDOL BF0L353 | 1.25% | COMPAGNIE DE SAINT-GOBAIN SEDOL 7380482 | 1.22% | EURAZEO SE SEDOL 7042395 | 1.21% | UNILEVER PLC SEDOL BLRB262 | 1.16% | QUILTER PLC SEDOL BDCXV26 | 1.11% | ASAHI GROUP HOLDINGS LTD SEDOL 6054409 | 1.06% | DNB NOR ASA SEDOL 4263304 | 1.04% | QANTAS AIRWAYS LTD SEDOL 6710347 | 1.03% | TOTALENERGIES SE SEDOL B15C557 | 1.03% | ORIX CORP SEDOL 6661144 | 1.02% | LANXESS AG SEDOL B05M8B7 | 1.01% | PAN PACIFIC INTERNATIONAL HO SEDOL 6269861 | 1.00% | FORTUM OYJ SEDOL 5579550 | 1.00% | ITOCHU CORP SEDOL 6467803 | 0.98% | PANASONIC CORP SEDOL 6572707 | 0.96% | BCE INC SEDOL B188TH2 | 0.94% | KERRY GROUP PLC-A SEDOL 4519579 | 0.94% | FERGUSON PLC SEDOL BJVNSS4 | 0.93% | SEVEN & I HOLDINGS CO LTD SEDOL B0FS5D6 | 0.93% | LITE-ON TECHNOLOGY CORP SEDOL 6519481 | 0.92% | DBS GROUP HOLDINGS LTD SEDOL 6175203 | 0.92% | IMPERIAL BRANDS PLC SEDOL 0454492 | 0.91% | ROYAL DUTCH SHELL PLC-B SHS SEDOL B03MM40 | 0.79% | DALATA HOTEL GROUP PLC SEDOL BJMZDW8 | 0.78% | COMPASS GROUP PLC SEDOL BD6K457 | 0.72% | MIZUHO FINANCIAL GROUP INC SEDOL 6591014 | 0.71% | KDDI CORP SEDOL 6248990 | 0.70% | AENA SME SA SEDOL BVRZ8L1 | 0.68% | BAE SYSTEMS PLC SEDOL 0263494 | 0.67% | TELSTRA CORP LTD SEDOL 6087289 | 0.62% | CAIXABANK SA SEDOL B283W97 | 0.62% | NSK LTD SEDOL 6641544 | 0.57% | OVINTIV INC SEDOL BL3GRC2 | 0.56% | LLOYDS BANKING GROUP PLC SEDOL 0870612 | 0.46% | JDE PEET'S NV SEDOL BMC4ZZ3 | 0.36% | SKANDINAVISKA ENSKILDA BAN-A SEDOL 4813345 | 0.26% | SIEMENS ENERGY AG SEDOL BMTVQK9 | 0.22% | EUR/USD 09/15/2021 CITI | 0.07% | GBP/USD 09/15/2021 SSBT | 0.05% | GBP/USD 09/15/2021 RBSF | 0.03% | EUR/USD 09/15/2021 BANKAM | 0.03% | GBP/USD 09/15/2021 HSBCB | 0.03% | GBP/USD 09/15/2021 GSFX | 0.02% | JPY/USD 08/18/2021 CITI | 0.02% | KRW/USD 08/18/2021 JPMCB | 0.02% | AUD/USD 07/21/2021 UBS | 0.01% | GBP/USD 09/15/2021 MSCIL | 0.01% | THUNGELA RESOURCES LTD-DI SEDOL BMV3M27 | 0.01% | GBP/USD 09/15/2021 CITI | 0.01% | EUR/USD 09/15/2021 RBSF | 0.01% | JPY/USD 08/18/2021 HSBCB | 0.01% | NOK/USD 09/15/2021 JPMCB | 0.01% | CAD/USD 07/21/2021 MSCIL | 0.01% | CAD/USD 07/21/2021 GSFX | 0.00% | ILS/USD 07/21/2021 SSBT | 0.00% | CAD/USD 07/21/2021 HSBCB | 0.00% | GBP/USD 09/15/2021 BCAP-FX | 0.00% | EUR/USD 09/15/2021 SSBT | 0.00% | HKD/USD 08/18/2021 BCAP-FX | 0.00% | HKD/USD 08/18/2021 GSFX | 0.00% | HKD/USD 08/18/2021 HSBCB | 0.00% | HKD/USD 08/18/2021 SSBT | 0.00% | HKD/USD 08/18/2021 UBS | 0.00% | KRW/USD 08/18/2021 GSFX | -0.00% | SGD/USD 08/18/2021 JPMCB | -0.00% | CAD/USD 07/21/2021 JPMCB | -0.00% | CHF/USD 09/15/2021 HSBCB | -0.00% | EUR/USD 09/15/2021 BCAP-FX | -0.00% | NZD/USD 07/21/2021 JPMCB | -0.00% | CAD/USD 07/21/2021 BCAP-FX | -0.00% | CAD/USD 07/21/2021 WPAC | -0.00% | JPY/USD 08/18/2021 BCAP-FX | -0.00% | SEK/USD 09/15/2021 BANKAM | -0.01% | CAD/USD 07/21/2021 UBS | -0.01% | GBP/USD 09/15/2021 WPAC | -0.01% | AUD/USD 07/21/2021 JPMCB | -0.01% | JPY/USD 08/18/2021 BANKAM | -0.01% | CAD/USD 07/21/2021 SSBT | -0.01% | EUR/USD 09/15/2021 GSFX | -0.01% | AUD/USD 07/21/2021 TDBK | -0.01% | CHF/USD 09/15/2021 BANKAM | -0.01% | JPY/USD 08/18/2021 JPMCB | -0.01% | CAD/USD 07/21/2021 BANKAM | -0.01% | EUR/USD 09/15/2021 WPAC | -0.01% | JPY/USD 08/18/2021 MSCIL | -0.01% | JPY/USD 08/18/2021 SSBT | -0.01% | EUR/USD 09/15/2021 MSCIL | -0.02% | CAD/USD 07/21/2021 CITI | -0.02% | DKK/USD 09/15/2021 CITI | -0.02% | GBP/USD 09/15/2021 BANKAM | -0.02% | JPY/USD 08/18/2021 UBS | -0.02% | AUD/USD 07/21/2021 SSBT | -0.03% | CHF/USD 09/15/2021 CITI | -0.03% | EUR/USD 09/15/2021 JPMCB | -0.03% | JPY/USD 08/18/2021 GSFX | -0.03% | SEK/USD 09/15/2021 RBSF | -0.04% | EUR/USD 09/15/2021 UBS | -0.04% | GBP/USD 09/15/2021 JPMCB | -0.04% | CHF/USD 09/15/2021 RBSF | -0.05% | EUR/USD 09/15/2021 HSBCB | -0.11% |
| ING GROEP NV-CVA SEDOL 7154182 | 3.13% | NOVARTIS AG-REG SEDOL 7103065 | 3.06% | AIA GROUP LTD SEDOL B4TX8S1 | 2.66% | VINCI SA SEDOL B1XH026 | 2.56% | SIEMENS AG-REG SEDOL 5727973 | 2.54% | AUST AND NZ BANKING GROUP SEDOL 6065586 | 2.51% | MITSUBISHI CORP SEDOL 6596785 | 2.15% | ITOCHU CORP SEDOL 6467803 | 2.04% | SONY GROUP CORP SEDOL 6821506 | 2.03% | PRUDENTIAL PLC SEDOL 0709954 | 2.03% | SANOFI SEDOL 5671735 | 1.99% | TOKYO ELECTRON LTD SEDOL 6895675 | 1.94% | NIPPON TELEGRAPH & TELEPHONE SEDOL 6641373 | 1.90% | SAMSUNG ELECTRONICS CO LTD SEDOL 6771720 | 1.86% | ANGLO AMERICAN PLC SEDOL B1XZS82 | 1.86% | VODAFONE GROUP PLC SEDOL BH4HKS3 | 1.85% | AXA SA SEDOL 7088429 | 1.78% | SUMITOMO MITSUI FINANCIAL GR SEDOL 6563024 | 1.73% | FERGUSON PLC SEDOL BJVNSS4 | 1.72% | MINEBEA CO LTD SEDOL 6642406 | 1.69% | VEOLIA ENVIRONNEMENT SEDOL 4031879 | 1.65% | ASTRAZENECA PLC SEDOL 0989529 | 1.55% | RIO TINTO PLC SEDOL 0718875 | 1.52% | QBE INSURANCE GROUP LTD SEDOL 6715740 | 1.47% | MAGNA INTERNATIONAL INC SEDOL 2554475 | 1.46% | UBS GROUP AG-REG SEDOL BRJL176 | 1.46% | KINGFISHER PLC SEDOL 3319521 | 1.42% | BP PLC SEDOL 0798059 | 1.37% | ASHTEAD GROUP PLC SEDOL 0053673 | 1.34% | HOYA CORP SEDOL 6441506 | 1.33% | ALLIANZ SE-REG SEDOL 5231485 | 1.32% | AIB GROUP PLC SEDOL BF0L353 | 1.31% | SUNCOR ENERGY INC SEDOL B3NB1P2 | 1.29% | SSE PLC SEDOL 0790873 | 1.26% | CRH PLC SEDOL 4182249 | 1.24% | YAMAHA MOTOR CO LTD SEDOL 6985264 | 1.23% | QUILTER PLC SEDOL BDCXV26 | 1.23% | KONINKLIJKE AHOLD DELHAIZE N SEDOL BD0Q398 | 1.22% | QANTAS AIRWAYS LTD SEDOL 6710347 | 1.21% | BNP PARIBAS SEDOL 7309681 | 1.20% | UNILEVER PLC SEDOL BLRB262 | 1.13% | COMPAGNIE DE SAINT-GOBAIN SEDOL 7380482 | 1.12% | LANXESS AG SEDOL B05M8B7 | 1.12% | PANASONIC CORP SEDOL 6572707 | 1.11% | TOTAL SE SEDOL B15C557 | 1.11% | EURAZEO SE SEDOL 7042395 | 1.09% | ORIX CORP SEDOL 6661144 | 1.06% | DNB NOR ASA SEDOL 4263304 | 1.05% | HANA FINANCIAL GROUP SEDOL B0RNRF5 | 1.03% | ASAHI GROUP HOLDINGS LTD SEDOL 6054409 | 1.00% | FORTUM OYJ SEDOL 5579550 | 0.99% | PARTNERS GROUP HOLDING AG SEDOL B119QG0 | 0.99% | DBS GROUP HOLDINGS LTD SEDOL 6175203 | 0.94% | BCE INC SEDOL B188TH2 | 0.91% | IMPERIAL BRANDS PLC SEDOL 0454492 | 0.90% | DALATA HOTEL GROUP PLC SEDOL BJMZDW8 | 0.88% | KERRY GROUP PLC-A SEDOL 4519579 | 0.85% | SIG COMBIBLOC GROUP AG SEDOL BD5GN60 | 0.84% | SEVEN & I HOLDINGS CO LTD SEDOL B0FS5D6 | 0.83% | ROYAL DUTCH SHELL PLC-B SHS SEDOL B03MM40 | 0.80% | MIZUHO FINANCIAL GROUP INC SEDOL 6591014 | 0.74% | COMPASS GROUP PLC SEDOL BD6K457 | 0.73% | NSK LTD SEDOL 6641544 | 0.73% | KDDI CORP SEDOL 6248990 | 0.72% | AENA SME SA SEDOL BVRZ8L1 | 0.71% | BAE SYSTEMS PLC SEDOL 0263494 | 0.69% | CAIXABANK SA SEDOL B283W97 | 0.66% | TELSTRA CORP LTD SEDOL 6087289 | 0.60% | LLOYDS BANKING GROUP PLC SEDOL 0870612 | 0.44% | OVINTIV INC SEDOL BL3GRC2 | 0.43% | JDE PEET'S NV SEDOL BMC4ZZ3 | 0.39% | ALCON INC SEDOL BJT1GR5 | 0.36% | SIEMENS ENERGY AG SEDOL BMTVQK9 | 0.28% | CASH MGMT BILL 00.0000 06/29/2021 | 0.26% | SKANDINAVISKA ENSKILDA BAN-A SEDOL 4813345 | 0.26% | JPY/USD 05/19/2021 CITI | 0.07% | KRW/USD 05/20/2021 JPMCB | 0.04% | EUR/USD 06/16/2021 CITI | 0.03% | JPY/USD 05/19/2021 HSBCB | 0.03% | GBP/USD 06/16/2021 SSBT | 0.02% | CHF/USD 06/16/2021 JPMCB | 0.02% | GBP/USD 06/16/2021 RBSF | 0.02% | EUR/USD 06/16/2021 BANKAM | 0.02% | GBP/USD 06/16/2021 WPAC | 0.01% | GBP/USD 06/16/2021 HSBCB | 0.01% | AUD/USD 04/21/2021 WPAC | 0.01% | GBP/USD 06/16/2021 CITI | 0.01% | GBP/USD 06/16/2021 MSCIL | 0.01% | GBP/USD 06/16/2021 GSFX | 0.01% | CAD/USD 04/21/2021 MSCIL | 0.00% | CHF/USD 06/16/2021 HSBCB | 0.00% | CAD/USD 04/21/2021 GSFX | 0.00% | AUD/USD 04/21/2021 UBS | 0.00% | CAD/USD 04/21/2021 HSBCB | 0.00% | EUR/USD 06/16/2021 MSCIL | 0.00% | JPY/USD 05/19/2021 MSCIL | 0.00% | GBP/USD 06/16/2021 BCAP-FX | 0.00% | HKD/USD 05/20/2021 GSFX | 0.00% | HKD/USD 05/20/2021 SSBT | 0.00% | NOK/USD 06/16/2021 JPMCB | 0.00% | HKD/USD 05/20/2021 HSBCB | 0.00% | CAD/USD 04/21/2021 JPMCB | -0.00% | EUR/USD 06/16/2021 BCAP-FX | -0.00% | HKD/USD 05/20/2021 UBS | -0.00% | CAD/USD 04/21/2021 BCAP-FX | -0.00% | CAD/USD 04/21/2021 WPAC | -0.00% | HKD/USD 05/20/2021 BCAP-FX | -0.00% | SGD/USD 05/19/2021 JPMCB | -0.00% | JPY/USD 05/19/2021 BCAP-FX | -0.00% | EUR/USD 06/16/2021 GSFX | -0.00% | CAD/USD 04/21/2021 SSBT | -0.01% | CAD/USD 04/21/2021 BANKAM | -0.01% | EUR/USD 06/16/2021 WPAC | -0.01% | NZD/USD 04/21/2021 JPMCB | -0.01% | CAD/USD 04/21/2021 UBS | -0.01% | DKK/USD 06/16/2021 CITI | -0.01% | AUD/USD 04/21/2021 HSBCB | -0.01% | GBP/USD 06/16/2021 BANKAM | -0.01% | CAD/USD 04/21/2021 CITI | -0.01% | EUR/USD 06/16/2021 SSBT | -0.02% | EUR/USD 06/16/2021 JPMCB | -0.02% | ILS/USD 04/21/2021 SSBT | -0.03% | JPY/USD 05/19/2021 BANKAM | -0.03% | SEK/USD 06/16/2021 RBSF | -0.03% | GBP/USD 06/16/2021 JPMCB | -0.03% | JPY/USD 05/19/2021 UBS | -0.03% | JPY/USD 05/19/2021 JPMCB | -0.03% | EUR/USD 06/16/2021 UBS | -0.04% | JPY/USD 05/19/2021 SSBT | -0.04% | AUD/USD 04/21/2021 SSBT | -0.05% | EUR/USD 06/16/2021 HSBCB | -0.06% | JPY/USD 05/19/2021 GSFX | -0.09% |
Portfolio Composition as of 08/31/21
| Common stock | 97.87% |
| Cash and net other assets | 2.13% |
Consider these risks before investing: International investing involves currency, economic, and political risks. Emerging-market securities carry illiquidity and volatility risks. Because the fund currently invests, and may in the future invest, significantly in European companies, the fund is particularly susceptible to economic, political, regulatory, or other events or conditions affecting issuers in Europe. Investments in small and/or midsize companies increase the risk of greater price fluctuations. Value stocks may fail to rebound, and the market may not favor value-style investing. 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. 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. 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. Our investment techniques, analyses, and judgments may not produce the outcome we intend. The investments we select for the fund may not perform as well as other securities that we do not select for the fund. We, or the fund’s other service providers, may experience disruptions or operating errors that could have a negative effect on the fund. 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 08/31/21
| Financials | 30.80% |
|---|---|
| Industrials | 17.28% |
| Consumer discretionary | 9.81% |
| Health care | 8.20% |
| Consumer staples | 8.11% |
| Communication services | 5.85% |
| Materials | 5.81% |
| Energy | 4.76% |
| Utilities | 4.62% |
| Other | 4.76% |
0
Country Allocation as of 08/31/21
| United Kingdom | 20.98% |
|---|---|
| Japan | 20.94% |
| France | 15.18% |
| Germany | 6.91% |
| Australia | 5.68% |
| Netherlands | 5.22% |
| Ireland | 4.59% |
| Canada | 3.39% |
| Switzerland | 3.21% |
| Other | 13.90% |
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% |