An investment in the Money Market Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Before this, the portfolio was actively managed. Since the fund is relatively small in asset size, it may be easier to achieve higher returns than in a larger fund. Please keep in mind that triple digit and high double digit returns are unusual and cannot be sustained. The High Yield Bond Fund involves greater credit risks as it primarily invests in high yield bonds.
Overseas investments can pose more risks than domestic investments.
Unit values are subject to fluctuations in foreign stock markets, currency values, interest rates, government regulations and political conditions. The Aggressive Growth Stock Fund, the Small Cap Growth Stock Fund and the Russell Aggressive Equity Fund to varying degrees invest in small company stocks which involve a greater degree of risk than investing in medium or large company stocks. The Russell Real Estate Securities Fund is subject to some of the risks associated with direct ownership of real estate, including market value declines, risks related to general and local economic conditions and increases in interest rates. This fund, however, does not own real estate directly. 720 East Wisconsin Avenue, Milwaukee, WI 53202-4797 Variable contracts have limitations.