# EDGAR Filing Document

**Accession Number:** 0001580353
**File Stem:** 0000940400-25-011533
**Filing Date:** 2025-11
**Character Count:** 14832
**Document Hash:** 3b6a0b95a665bf73e69d912b0b58237d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-011533.hdr.sgml**: 20251128

**ACCESSION NUMBER**: 0000940400-25-011533

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251128

**DATE AS OF CHANGE**: 20251128

**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:** 251534553

**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 BlackRock Selects Managed Risk Portfolio (Series ID: S000042089)

| Class ID   | Class Name                                                               | Ticker Symbol   |
|:---|:---|:---|
| C000130710 | Global Atlantic BlackRock Selects Managed Risk Portfolio Class II Shares |  |

## Nport-Ex

Global Atlantic BlackRock Selects Managed Risk Portfolio

Portfolio of Investments (Unaudited)

September 30, 2025

---

| | | |
|:---|:---|:---|
|  | **Shares/<br> Principal** | **Fair Value** |
| **Exchange Traded Funds - 73.9%** |  |  |
| **Debt Funds - 29.0%** |  |  |
| iShares 3-7 Year Treasury Bond ETF | 43457 | $5193546 |
| iShares Iboxx $ High Yield Corporate Bond ETF | 48333 | 3924156 |
| iShares iBoxx $ Investment Grade Corporate Bond ETF | 88873 | 9906674 |
| iShares J.P. Morgan USD Emerging Markets Bond ETF | 20752 | 1975383 |
| iShares MBS ETF | 179288 | 17059253 |
| iShares U.S. Treasury Bond ETF | 56576 | 1308037 |
| **Total Debt Funds** |  | **39367049** |
| **Equity Funds - 44.9%** |  |  |
| iShares Core Dividend Growth ETF | 67801 | 4615892 |
| iShares Core MSCI EAFE ETF | 30325 | 2647676 |
| iShares Core S&P U.S. Growth ETF | 100574 | 16548446 |
| iShares Global Financials ETF | 39293 | 4584401 |
| iShares Global Healthcare ETF | 14791 | 1310778 |
| iShares Global Tech ETF | 67911 | 7009094 |
| iShares MSCI Eurozone ETF | 43356 | 2685471 |
| iShares MSCI Global Min Vol Factor ETF | 27145 | 3255228 |
| iShares MSCI USA Min Vol Factor ETF | 41265 | 3925952 |
| iShares MSCI USA Quality Factor ETF | 6862 | 1334659 |
| iShares U.S. Consumer Discretionary ETF | 43866 | 4597157 |
| iShares U.S. Energy ETF | 26995 | 1282802 |
| iShares U.S. Financial Services ETF | 14456 | 1295836 |
| iShares U.S. Industrials ETF | 39916 | 5822747 |
| **Total Equity Funds** |  | **60916139** |
| **Total Exchange Traded Funds** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(Cost - $83,565,269)** |  | **100283188** |
| **Variable Insurance Trusts - 22.5%** |  |  |
| **Asset Allocation Fund - 22.5%** |  |  |
| BlackRock Global Allocation VI Fund, Class I (Cost - $23,881,709)<sup>\*</sup> | 1614303 | 30607184 |
| **Short-Term Investments - 3.7%** |  |  |
| **Money Market Funds - 3.7%** |  |  |
| Dreyfus Government Cash Management, 4.04%<sup>(a)</sup> | 4542201 | 4542201 |
| Fidelity Investments Money Market Fund - Government Portfolio, Institutional Class, 4.04%<sup>(a)</sup> | 492563 | 492563 |
| **Total Short-Term Investments<br> (Cost - $5,034,764)** |  | **5034764** |
| **Total Investments - 100.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(Cost - $112,481,742)** |  | **$135925136** |
| **Other Assets Less Liabilities - Net (0.1)%** |  | **(113985)** |
| **Total Net Assets - 100.0%** |  | **$135811151** |

---

\* Non-income producing security. <br> (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 BlackRock Selects Managed Risk Portfolio

- **b. EDGAR series identifier (if any):** S000042089

- **c. LEI of Series:** 549300LAU2RPS5LACP68

**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:** $135973051.03

**Total Liabilities:** $122546.75

**Net Assets:** $135850504.28

**Cash Not Reported:** $27201.08

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000130710 | 0.17%                | 1.81%                | 2.27%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $293497.95               | $-305314.73                                |
| Month 2  | $859130.23               | $1573472.94                                |
| Month 3  | $1968428.01              | $859896.45                                 |

**Designated Index Information**

- **Index Name:** Global Atlantic BlackRock Select 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| iShares U.S. Consumer Discretionary ETF             | iShares U.S. Consumer Discretionary ETF             | CUSIP: 464287580<br>LEI: 549300B56E9Q869S8H58 | Long             | EC               | RF                | US        |     43866 | NS      | $4597156.80   | 3.38%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares J.P. Morgan USD Emerging Markets Bond ETF   | iShares J.P. Morgan USD Emerging Markets Bond ETF   | CUSIP: 464288281<br>LEI: 54930070R8WH6MNUJG74 | Long             | EC               | RF                | US        |     20752 | NS      | $1975382.88   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI USA Min Vol Factor ETF                 | iShares MSCI USA Min Vol Factor ETF                 | CUSIP: 46429B697<br>LEI: 54930006KUZN6GLGL496 | Long             | EC               | RF                | US        |     41265 | NS      | $3925952.10   | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares iBoxx $ High Yield Corporate Bond ETF       | iShares iBoxx $ High Yield Corporate Bond ETF       | CUSIP: 464288513<br>LEI: 549300FCCXHK7O37PQ68 | Long             | EC               | RF                | US        |     48333 | NS      | $3924156.27   | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares U.S. Energy ETF                             | iShares U.S. Energy ETF                             | CUSIP: 464287796<br>LEI: 549300GL0EFBIH6RSZ34 | Long             | EC               | RF                | US        |     26995 | NS      | $1282802.40   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Global Healthcare ETF                       | iShares Global Healthcare ETF                       | CUSIP: 464287325<br>LEI: 5493008DMA8OZ7F0WV53 | Long             | EC               | RF                | US        |     14791 | NS      | $1310778.42   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares iBoxx $ Investment Grade Corporate Bond ETF | iShares iBoxx $ Investment Grade Corporate Bond ETF | CUSIP: 464287242<br>LEI: 549300FYCXFXG8POR355 | Long             | EC               | RF                | US        |     88873 | NS      | $9906673.31   | 7.29%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Eurozone ETF                           | iShares MSCI Eurozone ETF                           | CUSIP: 464286608<br>LEI: 549300Q88WD2SU6SPH06 | Long             | EC               | RF                | US        |     43356 | NS      | $2685470.64   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Global Tech ETF                             | iShares Global Tech ETF                             | CUSIP: 464287291<br>LEI: 549300QYME1DLP7BC726 | Long             | EC               | RF                | US        |     67911 | NS      | $7009094.31   | 5.16%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares U.S. Financial Services ETF                 | iShares U.S. Financial Services ETF                 | CUSIP: 464287770<br>LEI: 549300O3BGVZIZJEZC19 | Long             | EC               | RF                | US        |     14456 | NS      | $1295835.84   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares U.S. Treasury Bond ETF                      | iShares U.S. Treasury Bond ETF                      | CUSIP: 46429B267<br>LEI: 549300YMK9GAMCTG8G20 | Long             | EC               | RF                | US        |     56576 | NS      | $1308037.12   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI USA Quality Factor ETF                 | iShares MSCI USA Quality Factor ETF                 | CUSIP: 46432F339<br>LEI: 5493007KMK0CQLE2O168 | Long             | EC               | RF                | US        |      6862 | NS      | $1334659.00   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core MSCI EAFE ETF                          | iShares Core MSCI EAFE ETF                          | CUSIP: 46432F842<br>LEI: 5493009FT582MI7Y3I36 | Long             | EC               | RF                | US        |     30325 | NS      | $2647675.75   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Global Allocation VI Fund                 | BlackRock Global Allocation VI Fund                 | CUSIP: 09253L777<br>LEI: 3CU9FRQHZNVN4LV55I64 | Long             | EC               | RF                | US        |   1614303 | NS      | $30607183.61  | 22.53%            |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Government Portfolio                       | Fidelity Government Portfolio                       | CUSIP: 316175108<br>LEI: 549300FQDFZGLUOCWN51 | Long             | STIV             | RF                | US        |    492563 | NS      | $492562.86    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Dreyfus Government Cash Management                  | Dreyfus Government Cash Management                  | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |   4542201 | NS      | $4542201.33   | 3.34%             |  |  |  | No            |                  2 | On Loan: No      |
| iShares Core Dividend Growth ETF                    | iShares Core Dividend Growth ETF                    | CUSIP: 46434V621<br>LEI: 549300KH155G8BRZXD37 | Long             | EC               | RF                | US        |     67801 | NS      | $4615892.08   | 3.40%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core S&P U.S. Growth ETF                    | iShares Core S&P U.S. Growth ETF                    | CUSIP: 464287671<br>LEI: 549300JOHA1VZHAEBP32 | Long             | EC               | RF                | US        |    100574 | NS      | $16548445.96  | 12.18%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Global Min Vol Factor ETF              | iShares MSCI Global Min Vol Factor ETF              | CUSIP: 464286525<br>LEI: 549300DZXYYH8TOP8M46 | Long             | EC               | RF                | US        |     27145 | NS      | $3255228.40   | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MBS ETF                                     | iShares MBS ETF                                     | CUSIP: 464288588<br>LEI: 549300M0TH0IE2E6RP07 | Long             | EC               | RF                | US        |    179288 | NS      | $17059253.20  | 12.56%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares U.S. Industrials ETF                        | iShares U.S. Industrials ETF                        | CUSIP: 464287754<br>LEI: 5493000L7550ZVGTF755 | Long             | EC               | RF                | US        |     39916 | NS      | $5822746.50   | 4.29%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Global Financials ETF                       | iShares Global Financials ETF                       | CUSIP: 464287333<br>LEI: 549300ZMR7B4O75NER74 | Long             | EC               | RF                | US        |     39293 | NS      | $4584400.75   | 3.37%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares 3-7 Year Treasury Bond ETF                  | iShares 3-7 Year Treasury Bond ETF                  | CUSIP: 464288661<br>LEI: 549300BUGBHWMFPSNL42 | Long             | EC               | RF                | US        |     43457 | NS      | $5193546.07   | 3.82%             |  |  |  | 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