# EDGAR Filing Document

**Accession Number:** 0001580353
**File Stem:** 0000940400-25-012144
**Filing Date:** 2025-12
**Character Count:** 12605
**Document Hash:** 9b30594db9b7b5ee7517c5484ab7a6f6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-012144.hdr.sgml**: 20251201

**ACCESSION NUMBER**: 0000940400-25-012144

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251201

**DATE AS OF CHANGE**: 20251201

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Forethought Variable Insurance Trust
- **CENTRAL INDEX KEY:** 0001580353

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1213

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22865
- **FILM NUMBER:** 251538092

**BUSINESS ADDRESS:**
- **STREET 1:** 10 WEST MARKET STREET
- **STREET 2:** SUITE 2300
- **CITY:** INDIANAPOLIS
- **STATE:** IN
- **ZIP:** 46204
- **BUSINESS PHONE:** 317-223-2700

**MAIL ADDRESS:**
- **STREET 1:** 10 WEST MARKET STREET
- **STREET 2:** SUITE 2300
- **CITY:** INDIANAPOLIS
- **STATE:** IN
- **ZIP:** 46204

## Series and Classes Contracts Data

### Global Atlantic Select Advisor Managed Risk Portfolio (Series ID: S000042092)

| Class ID   | Class Name                                                            | Ticker Symbol   |
|:---|:---|:---|
| C000130713 | Global Atlantic Select Advisor Managed Risk Portfolio Class II Shares |  |

## Nport-Ex

Global Atlantic Select Advisor Managed Risk Portfolio

Portfolio of Investments (Unaudited)

September 30, 2025

---

| | | |
|:---|:---|:---|
|  | **Shares/<br> Principal** | **Fair Value** |
| **Variable Insurance Trusts - 78.1%** |  |  |
| **Debt Funds - 16.9%** |  |  |
| MFS Total Return Bond Series, Class I <sup>\*</sup> | 931714 | $10873102 |
| **Equity Funds - 61.2%** |  |  |
| LVIP American Century Value Fund, Class II | 480683 | 6137836 |
| MFS Growth Series<sup>\*</sup> | 142768 | 9755304 |
| MFS Variable Insurance Trust II - MFS Research International Portfolio<sup>\*</sup> | 91530 | 1815947 |
| MFS VIT II - International Intrinsic Value Portfolio, Class I<sup>\*</sup> | 103568 | 3674608 |
| MFS VIT II Blended Research Core Equity Portfolio, Class I<sup>\*</sup> | 71363 | 4274659 |
| Putnam VT Large Cap Growth Fund<sup>\*</sup> | 302835 | 5563078 |
| Putnam VT Large Cap Value Fund<sup>\*</sup> | 234568 | 8036316 |
| **Total Equity Funds** |  | **39257748** |
| **Total Variable Insurance Trusts** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(Cost - $38,032,412)** |  | **50130850** |
| **Exchange Traded Funds - 17.0%** |  |  |
| **Debt Funds - 6.5%** |  |  |
| iShares 1-5 Year Investment Grade Corporate Bond ETF | 33981 | 1802013 |
| iShares Core U.S. Aggregate Bond ETF | 24041 | 2410110 |
| **Total Debt Funds** |  | **4212123** |
| **Equity Funds - 10.5%** |  |  |
| iShares Core MSCI EAFE ETF | 48993 | 4277579 |
| iShares Core MSCI Emerging Markets ETF | 9265 | 610748 |
| iShares Core S&P Small-Cap ETF | 15430 | 1833547 |
| **Total Equity Funds** |  | **6721874** |
| **Total Exchange Traded Funds** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(Cost - $8,957,328)** |  | **10933997** |
| **Short-Term Investments - 4.9%** |  |  |
| **Money Market Funds - 4.9%** |  |  |
| Dreyfus Government Cash Management, 4.04%<sup>(a)</sup> | 2991793 | 2991793 |
| Fidelity Investments Money Market Fund - Government Portfolio, Institutional Class, 4.04%<sup>(a)</sup> | 183093 | 183093 |
| **Total Short-Term Investments<br> (Cost - $3,174,886)** |  | **3174886** |
| **Total Investments - 100.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(Cost - $50,164,626)** |  | **$64239733** |
| **Other Assets Less Liabilities - Net (0.0)%<sup>†</sup>** |  | **(22416)** |
| **Total Net Assets - 100.0%** |  | **$64217317** |

---

---

| | |
|:---|:---|
| \* | Non-income producing security. |
| † | Represents less than 0.05%. |
| (a) | The rate shown is the annualized seven-day yield at period end. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Forethought Variable Insurance Trust

- **b. Investment Company Act file number:** 811-22865

- **c. CIK number of Registrant:** 0001580353

- **d. LEI of Registrant:** 5493006EQMR1BNKF6A36

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 10 West Market Street

  - **City:** Indianapolis

  - **State:** IN

  - **Foreign country:** US

  - **Zip / Postal Code:** 46204

  - **Telephone number:** 877-355-1820

**Item A.2. Information about the Series.**

- **a. Name of Series:** Global Atlantic Select Advisor Managed Risk Portfolio

- **b. EDGAR series identifier (if any):** S000042092

- **c. LEI of Series:** 54930036IVJIF56MUD11

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $64270744.44

**Total Liabilities:** $39731.69

**Net Assets:** $64231012.75

**Cash Not Reported:** $441830.08

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000130713 | 0.88%                | 1.98%                | 1.87%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $797060.03               | $-198610.47                                |
| Month 2  | $88691.23                | $-2099060.49                               |
| Month 3  | $-1443.62                | $787685.19                                 |

**Designated Index Information**

- **Index Name:** Global Atlantic Select Advisor Managed Risk Portfolio _Ex Derivatives BM

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                                                   | Title                                                                  | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MFS Total Return Bond Series                                           | MFS Total Return Bond Series                                           | CUSIP: 55273F878<br>LEI: OBXD0C7FWK5N6XF1PG71 | Long             | EC               | RF                | US        |    931714 | NS      | $10873101.61  | 16.93%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core MSCI Emerging Markets ETF                                 | iShares Core MSCI Emerging Markets ETF                                 | CUSIP: 46434G103<br>LEI: 5493007C24Z3ZDJ0VD06 | Long             | EC               | RF                | US        |      9265 | NS      | $610748.80    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Government Portfolio                                          | Fidelity Government Portfolio                                          | CUSIP: 316175108<br>LEI: 549300FQDFZGLUOCWN51 | Long             | STIV             | RF                | US        |    183093 | NS      | $183092.90    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| iShares Core MSCI EAFE ETF                                             | iShares Core MSCI EAFE ETF                                             | CUSIP: 46432F842<br>LEI: 5493009FT582MI7Y3I36 | Long             | EC               | RF                | US        |     48993 | NS      | $4277578.83   | 6.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Putnam VT Equity Income Fund                                           | Putnam VT Equity Income Fund                                           | CUSIP: 746896356<br>LEI: ITNNCTEHDDEMTCLPNT59 | Long             | EC               | RF                | US        |    234568 | NS      | $8036316.19   | 12.51%            |  |  |  | No            |                  1 | On Loan: No      |
| MFS Variable Insurance Trust II - MFS Research International Portfolio | MFS Variable Insurance Trust II - MFS Research International Portfolio | CUSIP: 55274F356<br>LEI: X2VCGKUPS3KBELF38X91 | Long             | EC               | RF                | US        |     91530 | NS      | $1815947.36   | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| MFS VIT II - International Intrinsic Value Portfolio                   | MFS VIT II - International Intrinsic Value Portfolio                   | CUSIP: 55274F455<br>LEI: R8FUCFNPB06NBDV4PQ02 | Long             | EC               | RF                | US        |    103568 | NS      | $3674607.58   | 5.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Putnam VT Large Cap Growth Fund                                        | Putnam VT Large Cap Growth Fund                                        | CUSIP: 746896489<br>LEI: ZREV7S924QLJLC41VU70 | Long             | EC               | RF                | US        |    302835 | NS      | $5563078.26   | 8.66%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core S&P Small-Cap ETF                                         | iShares Core S&P Small-Cap ETF                                         | CUSIP: 464287804<br>LEI: 549300BZQ17QYN750B25 | Long             | EC               | RF                | US        |     15430 | NS      | $1833546.90   | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core U.S. Aggregate Bond ETF                                   | iShares Core U.S. Aggregate Bond ETF                                   | CUSIP: 464287226<br>LEI: 549300F7VSXTKBGHJE47 | Long             | EC               | RF                | US        |     24041 | NS      | $2410110.25   | 3.75%             |  |  |  | No            |                  1 | On Loan: No      |
| MFS VIT II Blended Research Core Equity Portfolio                      | MFS VIT II Blended Research Core Equity Portfolio                      | CUSIP: 55274F422<br>LEI: ZCOYJZAD5NXTIUNHME34 | Long             | EC               | RF                | US        |     71363 | NS      | $4274659.09   | 6.66%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN CENTURY VP VALUE FUND                                         | LVIP American Century Value Fund                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |    447622 | NS      | $5715690.83   | 8.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Dreyfus Government Cash Management                                     | Dreyfus Government Cash Management                                     | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |   2991793 | NS      | $2991792.71   | 4.66%             |  |  |  | No            |                  2 | On Loan: No      |
| MFS Growth Series                                                      | MFS Growth Series                                                      | CUSIP: 55273F100<br>LEI: IVAD1C1VZOLTR3W5MQ64 | Long             | EC               | RF                | US        |    142768 | NS      | $9755303.96   | 15.19%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares 1-5 Year Investment Grade Corporate Bond ETF                   | iShares 1-5 Year Investment Grade Corporate Bond ETF                   | CUSIP: 464288646<br>LEI: 549300T14S5IX7V5T008 | Long             | EC               | RF                | US        |     33981 | NS      | $1802012.43   | 2.81%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-25

**Name of Applicant:** Forethought Variable Insurance Trust

**Signature:** Cameron Jeffreys, CFA

**Name of Signer:** Cameron Jeffreys, CFA

**Title:** Senior Vice President