# EDGAR Filing Document

**Accession Number:** 0001844255
**File Stem:** 0001387131-23-001375
**Filing Date:** 2023-2
**Character Count:** 3072
**Document Hash:** 8320876d11ca819c01dcd4ab2b2a7dc2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001387131-23-001375.hdr.sgml**: 20230203

**ACCESSION NUMBER**: 0001387131-23-001375

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 14

**FILED AS OF DATE**: 20230203

**DATE AS OF CHANGE**: 20230203

**EFFECTIVENESS DATE**: 20230203

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Milliman Variable Insurance Trust
- **CENTRAL INDEX KEY:** 0001844255
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-257356
- **FILM NUMBER:** 23584976

**BUSINESS ADDRESS:**
- **STREET 1:** 71 S. WACKER DRIVE
- **STREET 2:** 31ST FLOOR
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606
- **BUSINESS PHONE:** (312) 726-0677

**MAIL ADDRESS:**
- **STREET 1:** 71 S. WACKER DRIVE
- **STREET 2:** 31ST FLOOR
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606

## Series and Classes Contracts Data

### Milliman 6-Month Buffered S&P 500 with Trigger Outcome Fund - Feb/Aug (Series ID: S000077036)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 3    | C000237175 |

---

## Series and Classes Contracts Data

### Milliman 6-Month Buffered S&P 500 with Trigger Outcome Fund - Feb/Aug (Series ID: S000077036)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000237175 | Class 3      |  |

?xml version="1.0" encoding="utf-8"?

**Milliman Variable Insurance Trust**

**(the "Trust")**

**Supplement dated February 3, 2023 to the Prospectus dated August 10, 2022** 

**for the following series of the Trust:** 

Milliman 6-Month Buffered S&P 500 with Trigger Outcome Fund - Feb/Aug

(the "Fund")

*Capitalized terms and certain other terms used in this supplement, unless otherwise defined in this supplement, have the meanings assigned to them in the Funds' Prospectus.*

 

The Fund's initial Outcome Period will commence on February 10, 2023. As of February 3, 2023, the estimated ranges of the Fund's Trigger Rate for the initial Outcome Period are available on the Funds' website at <u>https://millimanfunds.com/trending-rates</u>, and will be updated on a daily basis. **<u>Milliman Financial Risk Management LLC, the Funds' investment adviser ("*Milliman*"), will not calculate the definitive Trigger Rate applicable to the Fund's Outcome Period until the commencement of the Fund's Outcome Period (the "actual rate")</u>**, which will be based on (i) evaluation by Milliman of prevailing market conditions on the first day of the Outcome Period, and (ii) the strike price (for the Spread) of long call options contracts on the S&P 500 Index and corresponding ETF(s) that Milliman is able to purchase at that time (the number of which will depend, in part, upon the expected income from the Collateral Portfolio and the Put Spread Strategy). **<u>Accordingly, there is no guarantee that any actual rate will fall within the estimated ranges posted on the Funds' website on any given day.</u>**

**Investors should retain this supplement for future reference.**