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Protective Executive Benefits Registered VUL NY
A Flexible Premium Variable Universal Life Insurance Policy |
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Issued by
Protective Life and Annuity Insurance Company Administrative Office: 2801 Highway 280 South Birmingham, Alabama 35223 |
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FEES AND EXPENSES
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Charges for Early Withdrawals
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There is no surrender charge associated with your Policy. A partial withdrawal fee of $25 will be deducted from Policy Value for all partial withdrawals after the first made in the same Policy Year.
For additional information about charges for surrenders and early withdrawals, see “FEE TABLE” and “CHARGES AND DEDUCTIONS” in the Prospectus.
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Transaction Charges
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You will also be charged for other transactions, including Premium Expense Charge (consisting of the Sales Load and Premium Tax) and Transfer Fees.
For additional information about transaction charges, see “FEE TABLE — Transaction Fees” in the Prospectus.
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Ongoing Fees and Expenses (annual charges)
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In addition to transaction charges, you are also subject to certain ongoing fees and expenses under the Policy, including fees and expenses covering the cost of insurance (“COI”) under the Policy and the cost of optional benefits available under the Policy. Such fees and expenses are set based on characteristics of the insured (e.g., age, sex, and rating classification). You should review the Policy Schedule for rates applicable to the Policy. For additional information on ongoing fees and expenses, see “FEE TABLE” in this Prospectus and “ APPENDIX A - FUNDS AVAILABLE UNDER THE POLICY”, which is part of the Prospectus.
You will also bear expenses associated with the Funds available under the Policy, as shown in the following table:
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Annual Fee
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Minimum
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Maximum
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| Investment Options (Portfolio fees and expenses) | | |
0.10%
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4.26%
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RISKS
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Risk of Loss
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You can lose money by purchasing the Policy.
For additional information about the risk of loss, see “PRINCIPAL RISKS OF INVESTING IN THE POLICY” in the Prospectus.
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Not a Short-Term Investment
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The Policy is not a short-term investment and is not appropriate for an investor who needs ready access to cash. Before purchasing a Policy for a specialized purpose, you should consider whether the long-term nature of the Policy is consistent with the purpose for which it is being considered.
For additional information about the investment profile of the Policy, see “PRINCIPAL RISKS OF INVESTING IN THE POLICY” in the Prospectus.
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Risks Associated with Investment Options
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An investment in the Policy is subject to the risk of poor investment performance and can vary depending on the performance of the investment options, or Funds, available under the Policy. Each Fund (including any fixed account investment option) will have its own unique risks, and investors should review these investment options before making an investment decision.
For additional information about the risks associated with Investment Options, see “PRINCIPAL RISKS OF INVESTING IN THE POLICY”, and “THE VARIABLE ACCOUNT AND THE FUNDS” in the Prospectus and “FUND APPENDIX — FUNDS AVAILABLE UNDER THE POLICY” which is part of this Initial Summary Prospectus.
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Insurance Company Risks
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An investment in the Policy is subject to the risks related to the depositor, Protective Life, including that any obligations (including under any fixed account investment options), guarantees, or benefits are subject to the claims-paying ability of the depositor. More information about the depositor including its financial strength ratings is available upon request by calling toll-free 1-888-353-2654.
For additional information about Company risks, see “PRINCIPAL RISKS OF INVESTING IN THE POLICY” and “THE COMPANY AND THE FIXED ACCOUNT” in the Prospectus.
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RISKS
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Contract Lapse
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Your Policy could terminate if the value of your Policy becomes too low to support the Policy’s monthly charges. Your Policy may also Lapse due to insufficient Premium payments, withdrawals, unpaid loans or loan interest.
There is a cost associated with reinstating a Lapsed Policy. Death benefits will not be paid if the Policy has Lapsed.
For additional information about Company risks, see “LAPSE AND REINSTATEMENT”, “PRINCIPAL RISKS OF INVESTING IN THE POLICY”, “POLICY LOANS” and “PREMIUMS” in the Prospectus.
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RESTRICTIONS
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Investment Options
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While you may transfer amounts in the Sub-Accounts (which invest in shares of a corresponding Fund) and the Fixed Account, certain restrictions and transfer fees apply with regard to the number and amount of such transfers. Transfers are also subject to the excessive trading and market timing policies described in the Prospectus.
We reserve the right to remove or substitute Funds as investment options.
For additional information about Investment Options, see “TRANSFERS” and “TRANSFERS – Reservation of Rights” in the Prospectus.
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Optional Benefits
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Optional benefits are subject to additional charges and are available only at the time your Policy is issued and may not be available for all Owners or Insureds.
For additional information about the optional benefits, see “OPTIONAL BENEFITS UNDER THE POLICY” in the Prospectus.
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TAXES
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Tax Implications
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You should consult with a tax professional to determine the tax implications regarding the purchase, ownership, and use of a Policy (such as in connection with a plan involving covered employees). Withdrawals and surrenders may be subject to income tax and will be taxed at ordinary rates. In addition, withdrawals and surrenders may be subject to an additional tax depending on the circumstances. There is no additional tax benefit if the Policy is purchased through a tax-qualified plan. Purchases through individual retirement accounts (IRAs) are not permitted under the Internal Revenue Code of 1986, as amended (the “Code”).
For additional information about tax implications, see “TAX CONSIDERATIONS” in the Prospectus.
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CONFLICTS OF INTEREST
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Investment Professional Compensation
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Some investment professionals have and may continue to receive compensation for selling the Policy, which may include commissions, revenue sharing, compensation from affiliates and third parties. These investment professionals may have a financial incentive to offer or recommend the Policy over another investment.
For additional information about compensation, see “SALE OF THE POLICIES” in the Prospectus.
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Exchanges
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Some investment professionals may have a financial incentive to offer an Owner a new policy in place of the one he or she already owns. You should only exchange your Policy if you determine, after comparing the features, fees, and risks of both policies, that it is preferable for you to purchase the new policy rather than continue to own the existing Policy.
For additional information about exchanges, see “USE OF THE POLICY — Replacement of Life Insurance or Annuities” in the Prospectus.
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Name of Benefit
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Purpose
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Description of Restrictions/Limitations
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Term Life Insurance Rider
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| | To provide for level term insurance on the life of the Insured. | | |
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Only available at the time of Policy issue.
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The purchaser must satisfy certain criteria such as the number of Policies it expects to purchase and the expected aggregate Total Face Amount under all such Policies.
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Change of Insured Endorsement
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| | Allows the Owner to change the named Insured under the Policy. | | |
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Not available to individual Owners.
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Only available at the time of Policy issue.
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Transaction Fees
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Charge
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When Charge is Deducted
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Amount Deducted —
Maximum Guaranteed Charge |
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Amount Deducted —
Current Charge |
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Premium Expense Charge (consists of the Sales Load and Premium Tax):
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| | Upon receipt of each premium payment | | | 10% of each premium payment | | | 6.0% of each premium payment | |
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Sales Load: (1)
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| | Upon receipt of each premium payment | | | 6.5% of each premium payment | | | 2.5% of each premium payment up to target and 1.0% of each premium payment in excess of target for Policy Years 1 through 10 | |
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Premium Tax: (1)
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| | Upon receipt of each premium payment | | | 3.5% of each premium payment | | | 3.5% of each premium payment | |
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Surrender Charge:
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| | There is no surrender charge associated with your Policy. However, the surrender of your Policy may have tax consequences. | | | | | | | |
| Transfer Fee: (2) | | | Upon each transfer in excess of 12 in a Policy Year | | | $10 per transfer | | | $10 per transfer | |
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Withdrawal Charge:
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| | At the time of each partial withdrawal of Policy Value | | | $100 deducted from Policy Value for all partial withdrawals after the first made in the same Policy Year. | | | $25 deducted from Policy Value for all partial withdrawals made after the first made in the same Policy Year. | |
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Periodic Charges Other Than Annual Fund Operating Expenses
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Charge
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When Charge is Deducted
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Amount Deducted
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| Base Contract Charges: | | ||||||
| Cost of Insurance Charge (per $1,000 Net Amount at Risk) (1) (2) (3) | | | On the Policy Effective Date and each Monthly Anniversary Day | | | | |
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Minimum Charge
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| | | | | $0.01 per $1,000 of Net Amount at Risk | |
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Maximum Charge
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| | | | | $83.33 per $1,000 of Net Amount at Risk | |
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Maximum Charge for a 46 year old male, non-smoker, $550,000, Total Face Amount, Option 1 (Level Death)
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$0.16 per $1,000 of Net Amount at Risk
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Mortality and Expense Risk Charge: (4)
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| | On the Policy Effective Date and each Monthly Anniversary Day | | | | |
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Maximum Charge (5)
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| | | | | 0.90% (of average daily net assets) annually | |
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Administration Charge:
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| | On the Policy Effective Date and each Monthly Anniversary Day | | | | |
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Maximum Charge (6)
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| | | | | $10.00 | |
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Loan Interest Credit Spread:
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| | On each Policy Anniversary, as applicable (7) | | | | |
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Maximum Charge (8)
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| | | | | 1.5% | |
| Optional Benefit Charges: | | ||||||
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Term Life Insurance Rider
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| | On the Policy Effective Date and each Monthly Anniversary Day | | | | |
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Minimum Charge
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| | | | | $0.01 per $1,000 of Net Amount at Risk | |
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Maximum Charge
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| | | | | $83.33 per $1,000 of Net Amount at Risk | |
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Change of Insured Endorsement
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| | Upon change of insured | | | $400 per change | |
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Minimum
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Maximum
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Total Annual Operating Expenses (1)
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| | | | 0.10% | | | | | | – | | | | | | 4.26% | | |
(expenses that are deducted from Fund assets, which may include management fees, distribution and/or service (12b-1) fees, and other expenses)
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Asset
Allocation Type |
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Portfolio Company - Investment Adviser;
Sub-Adviser(s), as applicable |
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Current
Expenses |
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Average Annual Total Returns
(as of 12/31/2023) |
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1 Year
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5 Year
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10 Year
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Taxable Bond
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American Funds Insurance Series® Capital World Bond Fund® - Class 2
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0.73%
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6.14%
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-0.33%
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0.36%
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International
Equity |
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American Funds Insurance Series® Capital World Growth and Income Fund® - Class 2(1)
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0.66%
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20.88%
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10.34%
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7.62%
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International
Equity |
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American Funds Insurance Series® Global Small Capitalization Fund - Class 2(1)
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0.91%
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16.17%
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8.31%
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5.78%
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U.S. Equity
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American Funds Insurance Series® Growth Fund - Class 2
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0.59%
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38.49%
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18.68%
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14.36%
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U.S. Equity
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American Funds Insurance Series® Growth-Income Fund - Class 2
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0.53%
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26.14%
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13.36%
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10.91%
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International
Equity |
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American Funds Insurance Series® International
Fund ‑ Class 2 |
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0.78%
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15.84%
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4.83%
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3.41%
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International
Equity |
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American Funds Insurance Series® New World
Fund® ‑ Class 2(1) |
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0.82%
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15.99%
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8.64%
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4.69%
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U.S. Equity
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American Funds Insurance Series® Washington Mutual Investors Fund℠ - Class 2(1)
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0.52%
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17.29%
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12.60%
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9.91%
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Allocation
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BlackRock 60/40 Target Allocation ETF V.I. Fund - Class I(1)
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0.31%
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15.62%
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8.95%
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—
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Allocation
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BlackRock Global Allocation V.I. Fund - Class I - BlackRock (Singapore) Limited; BlackRock International Limited(1)
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0.76%
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12.83%
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7.65%
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4.88%
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Taxable Bond
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BlackRock High Yield V.I. Fund - Class I - BlackRock International Limited(1)
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0.56%
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13.21%
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5.74%
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4.46%
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U.S. Equity
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BNY Mellon Stock Index Fund, Inc. - Initial Shares - Mellon Investments Corporation
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0.27%
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25.93%
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15.38%
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11.75%
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U.S. Equity
|
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ClearBridge Variable Mid Cap Portfolio - Class I - ClearBridge Investments, LLC
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0.83%
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12.92%
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10.73%
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7.10%
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U.S. Equity
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ClearBridge Variable Small Cap Growth Portfolio - Class I - ClearBridge Investments, LLC
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0.80%
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8.40%
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9.56%
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7.89%
|
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Sector Equity
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Davis Financial Portfolio - Davis Selected Advisers (New York) Inc.
|
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0.78%
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15.29%
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10.24%
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8.79%
|
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Taxable Bond
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DFA VIT Inflation-Protected Securities Portfolio - Institutional Class - Dimensional Fund Advisors Ltd; DFA Australia Limited
|
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0.11%
|
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4.02%
|
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3.10%
|
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—
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U.S. Equity
|
| | | DWS Core Equity VIP - Class A | | | |
0.61%
|
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25.57%
|
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15.00%
|
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11.56%
|
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Taxable Bond
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| | | DWS High Income VIP - Class A(1) | | | |
0.70%
|
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11.34%
|
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5.34%
|
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4.05%
|
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U.S. Equity
|
| | |
DWS Small Cap Index VIP - Class A - Northern Trust Investments, Inc.(1)
|
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0.38%
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16.76%
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9.67%
|
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6.89%
|
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Taxable Bond
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Eaton Vance VT Floating-Rate Income Fund - Initial Class
|
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1.17%
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11.21%
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4.13%
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3.22%
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Allocation
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| | | Empower Aggressive Profile Fund - Investor Class | | | |
1.16%
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16.94%
|
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10.86%
|
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8.02%
|
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U.S. Equity
|
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Empower Ariel Mid Cap Value Fund - Investor Class - Ariel Investments, LLC(1)
|
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1.05%
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10.45%
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10.46%
|
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6.36%
|
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Taxable Bond
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| | | Empower Bond Index Fund - Investor Class | | | |
0.50%
|
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5.02%
|
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0.50%
|
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1.29%
|
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Allocation
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Empower Conservative Profile Fund - Investor Class(1)
|
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0.78%
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8.25%
|
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4.59%
|
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3.71%
|
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Asset
Allocation Type |
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Portfolio Company - Investment Adviser;
Sub-Adviser(s), as applicable |
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Current
Expenses |
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Average Annual Total Returns
(as of 12/31/2023) |
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1 Year
|
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5 Year
|
| | |
10 Year
|
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Taxable Bond
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| | | Empower Core Bond Fund - Investor Class(1) | | | |
0.70%
|
| | |
6.20%
|
| | |
1.02%
|
| | |
1.63%
|
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International
Equity |
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Empower Emerging Markets Equity Fund - Investor Class - Goldman Sachs Asset Management, L.P.; Lazard Asset Management LLC(1)
|
| | |
1.25%
|
| | |
9.67%
|
| | |
3.44%
|
| | |
—
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Money Market
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Empower Government Money Market Fund - Investor Class(1) (Note: Will be closed to new investors on May 14, 2024, and will be liquidated on or about June 14, 2024.)
|
| | |
0.46%
|
| | |
4.52%
|
| | |
1.54%
|
| | |
0.95%
|
| |
| |
Taxable Bond
|
| | |
Empower Inflation-Protected Securities Fund - Investor Class - Goldman Sachs Asset Management, L.P.(1)
|
| | |
0.70%
|
| | |
4.76%
|
| | |
2.72%
|
| | |
—
|
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International
Equity |
| | |
Empower International Index Fund - Investor Class - Irish Life Inv Managers Ltd
|
| | |
0.62%
|
| | |
17.52%
|
| | |
7.66%
|
| | |
3.79%
|
| |
| |
International
Equity |
| | |
Empower International Value Fund - Investor Class - LSV Asset Management; Massachusetts Financial Services Company
|
| | |
1.07%
|
| | |
18.03%
|
| | |
8.25%
|
| | |
5.89%
|
| |
| |
U.S. Equity
|
| | |
Empower Large Cap Growth Fund - Investor Class - Amundi Asset Management US, Inc.; JPMorgan Investment Management Inc.(1)
|
| | |
0.98%
|
| | |
33.57%
|
| | |
19.04%
|
| | |
14.14%
|
| |
| |
Allocation
|
| | | Empower Lifetime 2015 Fund - Investor Class(1) | | | |
0.77%
|
| | |
10.33%
|
| | |
6.07%
|
| | |
4.87%
|
| |
| |
Allocation
|
| | | Empower Lifetime 2020 Fund - Investor Class(1) | | | |
0.80%
|
| | |
10.97%
|
| | |
6.45%
|
| | |
—
|
| |
| |
Allocation
|
| | | Empower Lifetime 2025 Fund - Investor Class(1) | | | |
0.82%
|
| | |
11.91%
|
| | |
7.07%
|
| | |
5.60%
|
| |
| |
Allocation
|
| | | Empower Lifetime 2030 Fund - Investor Class(1) | | | |
0.85%
|
| | |
13.07%
|
| | |
7.80%
|
| | |
—
|
| |
| |
Allocation
|
| | | Empower Lifetime 2035 Fund - Investor Class(1) | | | |
0.88%
|
| | |
14.40%
|
| | |
8.68%
|
| | |
6.58%
|
| |
| |
Allocation
|
| | | Empower Lifetime 2040 Fund - Investor Class(1) | | | |
0.90%
|
| | |
15.73%
|
| | |
9.42%
|
| | |
—
|
| |
| |
Allocation
|
| | | Empower Lifetime 2045 Fund - Investor Class | | | |
0.92%
|
| | |
16.73%
|
| | |
9.83%
|
| | |
7.07%
|
| |
| |
Allocation
|
| | | Empower Lifetime 2050 Fund - Investor Class | | | |
0.92%
|
| | |
17.05%
|
| | |
9.94%
|
| | |
—
|
| |
| |
Allocation
|
| | | Empower Lifetime 2055 Fund - Investor Class | | | |
0.93%
|
| | |
17.06%
|
| | |
9.86%
|
| | |
7.00%
|
| |
| |
Allocation
|
| | | Empower Lifetime 2060 Fund - Investor Class | | | |
0.93%
|
| | |
16.97%
|
| | |
—
|
| | |
—
|
| |
| |
U.S. Equity
|
| | |
Empower Mid Cap Value Fund - Investor Class - Goldman Sachs Asset Management, L.P.(1)
|
| | |
1.15%
|
| | |
15.15%
|
| | |
9.70%
|
| | |
8.12%
|
| |
| |
Allocation
|
| | | Empower Moderate Profile Fund - Investor Class(1) | | | |
0.92%
|
| | |
11.93%
|
| | |
7.59%
|
| | |
5.74%
|
| |
| |
Allocation
|
| | |
Empower Moderately Aggressive Profile Fund - Investor Class(1)
|
| | |
1.01%
|
| | |
13.60%
|
| | |
8.69%
|
| | |
6.51%
|
| |
| |
Allocation
|
| | |
Empower Moderately Conservative Profile Fund - Investor Class(1)
|
| | |
0.83%
|
| | |
9.90%
|
| | |
6.05%
|
| | |
4.71%
|
| |
| |
Taxable Bond
|
| | | Empower Multi-Sector Bond Fund - Investor Class(1) | | | |
0.90%
|
| | |
7.88%
|
| | |
3.28%
|
| | |
2.68%
|
| |
| |
Sector Equity
|
| | |
Empower Real Estate Index Fund - Investor Class - Irish Life Inv Managers Ltd(1)
|
| | |
0.65%
|
| | |
13.31%
|
| | |
5.42%
|
| | |
6.25%
|
| |
| |
U.S. Equity
|
| | |
Empower S&P Mid Cap 400® Index Fund - Investor Class - Irish Life Inv Managers Ltd
|
| | |
0.55%
|
| | |
15.76%
|
| | |
11.99%
|
| | |
8.66%
|
| |
| |
U.S. Equity
|
| | |
Empower S&P SmallCap 600® Index Fund - Investor Class - Irish Life Inv Managers Ltd(1)
|
| | |
0.56%
|
| | |
15.47%
|
| | |
10.49%
|
| | |
8.09%
|
| |
| |
Taxable Bond
|
| | |
Empower Short Duration Bond Fund - Investor Class(1)
|
| | |
0.59%
|
| | |
5.67%
|
| | |
2.21%
|
| | |
1.68%
|
| |
| |
U.S. Equity
|
| | | Empower Small Cap Growth Fund - Investor Class(1) | | | |
1.19%
|
| | |
15.76%
|
| | |
11.36%
|
| | |
—
|
| |
| |
U.S. Equity
|
| | | Empower Small Cap Value Fund - Investor Class(1) | | | |
1.09%
|
| | |
17.81%
|
| | |
12.25%
|
| | |
7.64%
|
| |
| |
U.S. Equity
|
| | |
Empower T. Rowe Price Mid Cap Growth Fund - Investor Class - T. Rowe Price Associates, Inc.
|
| | |
1.02%
|
| | |
19.92%
|
| | |
11.61%
|
| | |
10.38%
|
| |
| |
Taxable Bond
|
| | |
Empower U.S. Government Securities Fund - Investor Class(1)
|
| | |
0.59%
|
| | |
4.44%
|
| | |
0.19%
|
| | |
1.10%
|
| |
| |
Taxable Bond
|
| | |
Federated Hermes High Income Bond Fund II - Primary Class(1)
|
| | |
0.81%
|
| | |
12.71%
|
| | |
4.75%
|
| | |
4.13%
|
| |
| |
Asset
Allocation Type |
| | |
Portfolio Company - Investment Adviser;
Sub-Adviser(s), as applicable |
| | |
Current
Expenses |
| | |
Average Annual Total Returns
(as of 12/31/2023) |
| | ||||||||
|
1 Year
|
| | |
5 Year
|
| | |
10 Year
|
| | |||||||||||||
| |
International
Equity |
| | |
Fidelity® VIP Emerging Markets Portfolio - Service Class 2 - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; FIL Investment Advisors; FIL Investment Advisors (UK) Ltd; Fidelity Management & Research (HK) Ltd
|
| | |
1.14%
|
| | |
9.49%
|
| | |
7.55%
|
| | |
4.92%
|
| |
| |
U.S. Equity
|
| | |
Fidelity® VIP Extended Market Index Portfolio - Service Class 2 - Geode Capital Management, LLC
|
| | |
0.38%
|
| | |
17.11%
|
| | |
11.02%
|
| | |
—
|
| |
| |
Allocation
|
| | |
Fidelity® VIP Freedom Funds - Freedom 2025 Portfolio℠ - Service Class 2
|
| | |
0.74%
|
| | |
13.32%
|
| | |
7.98%
|
| | |
5.93%
|
| |
| |
Allocation
|
| | |
Fidelity® VIP Freedom Funds - Freedom 2030 Portfolio℠ - Service Class 2
|
| | |
0.77%
|
| | |
14.46%
|
| | |
9.02%
|
| | |
6.59%
|
| |
| |
Allocation
|
| | |
Fidelity® VIP Freedom Funds - Freedom 2035 Portfolio℠ - Service Class 2
|
| | |
0.82%
|
| | |
16.53%
|
| | |
10.57%
|
| | |
7.40%
|
| |
| |
Allocation
|
| | |
Fidelity® VIP Freedom Funds - Freedom 2040 Portfolio℠ - Service Class 2
|
| | |
0.86%
|
| | |
18.61%
|
| | |
11.65%
|
| | |
7.87%
|
| |
| |
Allocation
|
| | |
Fidelity® VIP Freedom Funds - Freedom 2045 Portfolio℠ - Service Class 2
|
| | |
0.87%
|
| | |
19.13%
|
| | |
11.75%
|
| | |
7.92%
|
| |
| |
Allocation
|
| | |
Fidelity® VIP Freedom Funds - Freedom 2050 Portfolio℠ - Service Class 2
|
| | |
0.87%
|
| | |
19.19%
|
| | |
11.74%
|
| | |
7.91%
|
| |
| |
Allocation
|
| | |
Fidelity® VIP Freedom Funds - Freedom 2055 Portfolio℠ - Service Class 2
|
| | |
0.87%
|
| | |
19.12%
|
| | |
—
|
| | |
—
|
| |
| |
Allocation
|
| | |
Fidelity® VIP Freedom Funds - Freedom 2060 Portfolio℠ - Service Class 2
|
| | |
0.87%
|
| | |
19.12%
|
| | |
—
|
| | |
—
|
| |
| |
Allocation
|
| | |
Fidelity® VIP Freedom Funds - Freedom 2065 Portfolio℠ - Service Class 2
|
| | |
0.87%
|
| | |
19.12%
|
| | |
—
|
| | |
—
|
| |
| |
Money Market
|
| | |
Fidelity® VIP Government Money Market Portfolio - Service Class 2 - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd
|
| | |
0.52%
|
| | |
4.63%
|
| | |
1.57%
|
| | |
0.97%
|
| |
| |
U.S. Equity
|
| | |
Fidelity® VIP Index 500 Portfolio - Initial Class - Geode Capital Management, LLC
|
| | |
0.10%
|
| | |
26.19%
|
| | |
15.56%
|
| | |
11.92%
|
| |
| |
International
Equity |
| | |
Fidelity® VIP International Index Portfolio - Service Class 2 - Geode Capital Management, LLC
|
| | |
0.42%
|
| | |
15.88%
|
| | |
6.89%
|
| | |
—
|
| |
| |
Taxable Bond
|
| | |
Fidelity® VIP Investment Grade Bond Portfolio - Service Class 2 - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd
|
| | |
0.63%
|
| | |
6.00%
|
| | |
1.72%
|
| | |
2.08%
|
| |
| |
Money Market
|
| | |
Goldman Sachs VIT Government Money Market Fund - Service Class(1)
|
| | |
0.43%
|
| | |
4.79%
|
| | |
1.64%
|
| | |
1.02%
|
| |
| |
U.S. Equity
|
| | | Invesco® V.I. Diversified Dividend Fund - Series I | | | |
0.68%
|
| | |
9.05%
|
| | |
9.81%
|
| | |
7.80%
|
| |
| |
International
Equity |
| | |
Invesco® V.I. EQV International Equity Fund - Series I
|
| | |
0.90%
|
| | |
18.15%
|
| | |
8.42%
|
| | |
4.33%
|
| |
| |
Sector Equity
|
| | |
Invesco® V.I. Global Real Estate Fund - Series I - Invesco Asset Management Limited
|
| | |
1.02%
|
| | |
9.05%
|
| | |
2.11%
|
| | |
3.10%
|
| |
| |
U.S. Equity
|
| | | Invesco® V.I. Main Street Small Cap Fund® - Series I | | | |
0.88%
|
| | |
18.13%
|
| | |
13.07%
|
| | |
8.93%
|
| |
| |
Allocation
|
| | |
Janus Henderson Balanced Portfolio - Institutional Shares
|
| | |
0.62%
|
| | |
15.41%
|
| | |
9.64%
|
| | |
7.99%
|
| |
| |
U.S. Equity
|
| | |
Janus Henderson Enterprise Portfolio - Institutional Shares
|
| | |
0.72%
|
| | |
18.07%
|
| | |
13.42%
|
| | |
12.10%
|
| |
| |
Taxable Bond
|
| | |
Janus Henderson Flexible Bond Portfolio - Institutional Shares(1)
|
| | |
0.57%
|
| | |
5.50%
|
| | |
1.79%
|
| | |
1.91%
|
| |
| |
U.S. Equity
|
| | |
Janus Henderson Forty Portfolio - Institutional Shares
|
| | |
0.55%
|
| | |
39.96%
|
| | |
16.92%
|
| | |
13.73%
|
| |
| |
International
Equity |
| | |
Janus Henderson Global Sustainable Equity
Portfolio ‑ Institutional Shares(1) |
| | |
0.87%
|
| | |
23.32%
|
| | |
—
|
| | |
—
|
| |
| |
Asset
Allocation Type |
| | |
Portfolio Company - Investment Adviser;
Sub-Adviser(s), as applicable |
| | |
Current
Expenses |
| | |
Average Annual Total Returns
(as of 12/31/2023) |
| | ||||||||
|
1 Year
|
| | |
5 Year
|
| | |
10 Year
|
| | |||||||||||||
| |
Sector Equity
|
| | |
Janus Henderson Global Technology and Innovation Portfolio - Institutional Shares
|
| | |
0.73%
|
| | |
54.55%
|
| | |
20.34%
|
| | |
17.14%
|
| |
| |
Taxable Bond
|
| | |
Lord Abbett Series Fund - Total Return Portfolio - Class VC
|
| | |
0.71%
|
| | |
6.03%
|
| | |
1.23%
|
| | |
1.84%
|
| |
| |
U.S. Equity
|
| | | MFS® VIT Growth Series - Initial Class(1) | | | |
0.73%
|
| | |
35.86%
|
| | |
15.89%
|
| | |
12.97%
|
| |
| |
International
Equity |
| | |
MFS® VIT II International Growth Portfolio - Initial Class(1)
|
| | |
0.88%
|
| | |
14.72%
|
| | |
9.47%
|
| | |
6.36%
|
| |
| |
International
Equity |
| | |
MFS® VIT II Research International Portfolio - Initial Class(1)
|
| | |
0.89%
|
| | |
13.01%
|
| | |
8.49%
|
| | |
4.15%
|
| |
| |
U.S. Equity
|
| | |
MFS® VIT III Blended Research® Small Cap Equity Portfolio - Initial Class(1)
|
| | |
0.51%
|
| | |
18.96%
|
| | |
10.28%
|
| | |
8.27%
|
| |
| |
Sector Equity
|
| | |
MFS® VIT III Global Real Estate Portfolio - Initial Class(1)
|
| | |
0.90%
|
| | |
11.46%
|
| | |
6.41%
|
| | |
6.55%
|
| |
| |
U.S. Equity
|
| | | MFS® VIT III Mid Cap Value Portfolio - Initial Class(1) | | | |
0.79%
|
| | |
12.73%
|
| | |
12.90%
|
| | |
8.73%
|
| |
| |
U.S. Equity
|
| | | MFS® VIT Mid Cap Growth Series - Initial Class(1) | | | |
0.80%
|
| | |
21.32%
|
| | |
13.31%
|
| | |
11.12%
|
| |
| |
U.S. Equity
|
| | | MFS® VIT New Discovery Series - Initial Class(1) | | | |
0.87%
|
| | |
14.41%
|
| | |
11.08%
|
| | |
7.67%
|
| |
| |
U.S. Equity
|
| | | MFS® VIT Research Series - Initial Class(1) | | | |
0.79%
|
| | |
22.42%
|
| | |
14.41%
|
| | |
10.82%
|
| |
| |
Taxable Bond
|
| | | MFS® VIT Total Return Bond Series - Initial Class(1) | | | |
0.53%
|
| | |
7.38%
|
| | |
1.85%
|
| | |
2.22%
|
| |
| |
U.S. Equity
|
| | | MFS® VIT Value Series - Initial Class(1) | | | |
0.69%
|
| | |
7.93%
|
| | |
11.34%
|
| | |
8.52%
|
| |
| |
U.S. Equity
|
| | |
Neuberger Berman AMT Sustainable Equity
Portfolio ‑ Class I |
| | |
0.90%
|
| | |
26.90%
|
| | |
13.97%
|
| | |
9.99%
|
| |
| |
Commodities
|
| | |
PIMCO VIT CommodityRealReturn® Strategy Portfolio - Administrative Class(1)
|
| | |
1.48%
|
| | |
-7.85%
|
| | |
8.55%
|
| | |
-0.80%
|
| |
| |
Taxable Bond
|
| | |
PIMCO VIT Global Bond Opportunities Portfolio (Unhedged) - Administrative Class
|
| | |
1.01%
|
| | |
5.26%
|
| | |
0.97%
|
| | |
1.09%
|
| |
| |
Taxable Bond
|
| | |
PIMCO VIT High Yield Portfolio - Administrative Class
|
| | |
0.77%
|
| | |
12.22%
|
| | |
4.83%
|
| | |
4.15%
|
| |
| |
Taxable Bond
|
| | | PIMCO VIT Income Portfolio - Institutional Class | | | |
0.88%
|
| | |
8.41%
|
| | |
3.48%
|
| | |
—
|
| |
| |
Taxable Bond
|
| | |
PIMCO VIT International Bond Portfolio (U.S. Dollar-Hedged) - Administrative Class
|
| | |
1.28%
|
| | |
9.02%
|
| | |
1.64%
|
| | |
3.06%
|
| |
| |
Taxable Bond
|
| | |
PIMCO VIT Low Duration Portfolio - Administrative Class
|
| | |
0.69%
|
| | |
4.97%
|
| | |
0.99%
|
| | |
0.92%
|
| |
| |
Taxable Bond
|
| | |
PIMCO VIT Real Return Portfolio - Administrative Class
|
| | |
0.84%
|
| | |
3.67%
|
| | |
3.16%
|
| | |
2.25%
|
| |
| |
Taxable Bond
|
| | |
PIMCO VIT Total Return Portfolio - Administrative Class
|
| | |
0.75%
|
| | |
5.93%
|
| | |
1.08%
|
| | |
1.71%
|
| |
| |
International
Equity |
| | |
Putnam VT Focused International Equity Fund ‑
Class IA ‑ The Putnam Advisory Company, LLC; Putnam Investments Limited(1) |
| | |
0.82%
|
| | |
19.56%
|
| | |
9.15%
|
| | |
5.93%
|
| |
| |
Allocation
|
| | |
Putnam VT Global Asset Allocation Fund - Class IA - The Putnam Advisory Company, LLC; Putnam Investments Limited(1)
|
| | |
0.86%
|
| | |
17.78%
|
| | |
8.41%
|
| | |
6.61%
|
| |
| |
Taxable Bond
|
| | |
Putnam VT High Yield Fund - Class IA - Putnam Investments Limited
|
| | |
0.75%
|
| | |
12.29%
|
| | |
4.82%
|
| | |
3.87%
|
| |
| |
Taxable Bond
|
| | |
Putnam VT Income Fund - Class IB - Putnam Investments Limited
|
| | |
0.89%
|
| | |
4.69%
|
| | |
0.37%
|
| | |
1.43%
|
| |
| |
International
Equity |
| | |
Putnam VT International Value Fund - Class IA - The Putnam Advisory Company, LLC; Putnam Investments Limited
|
| | |
0.88%
|
| | |
19.08%
|
| | |
9.96%
|
| | |
4.14%
|
| |
| |
U.S. Equity
|
| | |
Putnam VT Large Cap Growth Fund - Class IA - Putnam Investments Limited
|
| | |
0.65%
|
| | |
44.89%
|
| | |
18.80%
|
| | |
14.68%
|
| |
| |
U.S. Equity
|
| | |
Putnam VT Large Cap Value Fund - Class IA - Putnam Investments Limited
|
| | |
0.57%
|
| | |
15.92%
|
| | |
14.78%
|
| | |
10.54%
|
| |
| |
U.S. Equity
|
| | |
Putnam VT Research Fund - Class IA - The Putnam Advisory Company, LLC; Putnam Investments Limited
|
| | |
0.74%
|
| | |
29.16%
|
| | |
16.45%
|
| | |
12.24%
|
| |
| |
U.S. Equity
|
| | |
Putnam VT Small Cap Value Fund - Class IA - Putnam Investments Limited
|
| | |
0.78%
|
| | |
24.13%
|
| | |
14.45%
|
| | |
8.09%
|
| |
| |
Asset
Allocation Type |
| | |
Portfolio Company - Investment Adviser;
Sub-Adviser(s), as applicable |
| | |
Current
Expenses |
| | |
Average Annual Total Returns
(as of 12/31/2023) |
| | ||||||||
|
1 Year
|
| | |
5 Year
|
| | |
10 Year
|
| | |||||||||||||
| |
U.S. Equity
|
| | |
Putnam VT Sustainable Future Fund - Class IA - Putnam Investments Limited(1)
|
| | |
0.82%
|
| | |
28.83%
|
| | |
12.56%
|
| | |
8.72%
|
| |
| |
U.S. Equity
|
| | | T. Rowe Price® Blue Chip Growth Portfolio-II Class(1) | | | |
1.00%
|
| | |
48.96%
|
| | |
13.22%
|
| | |
12.03%
|
| |
| |
Taxable Bond
|
| | | Vanguard® VIF Global Bond Index Portfolio | | | |
0.13%
|
| | |
6.52%
|
| | |
0.99%
|
| | |
0.88%
|
| |
| |
Sector Equity
|
| | | Vanguard® VIF Real Estate Index Portfolio | | | |
0.26%
|
| | |
11.70%
|
| | |
7.18%
|
| | |
7.29%
|
| |
| |
Taxable Bond
|
| | | Vanguard® VIF Total Bond Market Index Portfolio | | | |
0.14%
|
| | |
5.58%
|
| | |
1.04%
|
| | |
1.71%
|
| |
| |
U.S. Equity
|
| | |
Victory RS Small Cap Growth Equity VIP Series - Class I(1)
|
| | |
0.88%
|
| | |
20.40%
|
| | |
5.63%
|
| | |
6.48%
|
| |