|
Fees and Expenses |
Location in
Prospectus | |||
Charges for Early
Withdrawals |
If you withdraw money during the first 7 full
Contract Years following a
Purchase
Payment, you may be assessed a withdrawal charge of up to 7% of
the
Purchase Payment withdrawn, declining to 0% over that time
period. For example, if you make an early withdrawal, you
could pay a withdrawal charge of up to $7,000 on a $100,000 investment. |
Fee Table and
Examples
Expenses – Withdrawal Charge | |||
Transaction
Charges |
In addition to withdrawal charges, you also may be charged for the
following transactions: transfers of cash value between
investment options. Transfer Fee. Currently, we allow unlimited transfers among the investment options without charge. However, we reserve the right to charge for transfers
after the first 12 transfers per year. |
Fee Table and Examples Expenses –
Transfer Fee |
|
Fees and Expenses |
Location in
Prospectus | |||
Ongoing Fees and
Expenses (annual charges) |
The table below describes the fees and expenses that you may pay
each year,
depending on the options you choose. Please refer to your Contract
specifications page for information about the specific
fees you will pay each year based on the options you have
elected. |
Fee Table and
Examples
Expenses – Product Charges Appendix A:
Available
Under the
Contract | |||
Annual Fee |
Minimum |
Maximum | |||
Base Contract1 |
1.30% |
1.30% | |||
Investment options
(Portfolio Company fees and
expenses)2 |
0.53% |
4.52% | |||
Optional benefits available for
an additional charge (for a
single optional benefit, if
elected) |
0.20%3 |
1.35%4 | |||
1 As a percentage of avareage
Account Value in the
Separate Account. The charge shown also
includes the Account Fee.
2 As a percentage of fund assets before temporary
expense reimbursements and/or fee waivers. 3 As a percentage of average Account Value in the the
Separate Account. This charge is the
current charge for the least expensive optional benefit.
4 As a percentage of the Benefit Base, which is a value used to calculate your benefit. This charge
is the current charge for the most expensive optional
benefit. | |||||
Because your Contract is customizable, the choices you make affect how
much you will pay. To help you understand the cost of
owning your Contract, the following table shows the
lowest and highest cost you could pay each year, based on
current charges. This estimate assumes that you do not
take withdrawals from the Contract, which could add withdrawal
charges that substantially increase costs. | |||||
Lowest Annual Cost
$1,693 |
Highest Annual Cost
$5,403 | ||||
Assumes: |
Assumes: | ||||
•Investment of $100,000 •5% annual appreciation •Least expensive Portfolio Company fees and expenses •No optional benefits •No additional Purchase Payments,
transfers, or withdrawals |
•Investment of $100,000 •5% annual appreciation •Most expensive combination of optional benefits and Portfolio Company fees and expenses | ||||
|
Risks |
| |||
Risk of Loss |
You can lose money by investing in this Contract including loss of
principal. |
Principal Risks | |||
Not a Short-Term
Investment |
This Contract is not a short-term investment and is not appropriate for
an investor who needs ready access to cash.
Withdrawal charges may apply for the first 7 years of the
Contract. Withdrawal charges will reduce the value of your Contract if you withdraw
money during that time. The benefits of tax deferral and living benefit protection also mean the
Contract is more beneficial to investors with a long time
horizon. |
Principal Risks |
|
Risks |
Location in
Prospectus | |||
Risks Associated
with Investment
Options |
•An investment in this Contract is subject to the risk of poor investment
performance and can vary depending on the performance of the investment
options available under the Contract (e.g., Portfolio
Companies). •Each investment option has its own unique risks.
•You should review the prospectuses for the available funds before making
an investment decision. |
Principal Risks | |||
Insurance
Company Risks |
An investment in the Contract is subject to the risks related to us.
Any obligations and guarantees and benefits of the
Contract that exceed the assets of the
Separate Account are subject to our claims-paying ability.
If we experience financial distress, we may not be able
to meet our obligations to you. More information about
Brighthouse, including our financial strength ratings, is
available by contacting us at (888) 243-1968. |
Principal Risks | |||
|
Restrictions |
| |||
Investments |
•Currently, we allow unlimited transfers without charge among investment
options during the
Accumulation Phase. However, we reserve the right to
impose a charge for transfers in excess of 12 per
year. •We reserve the right to limit transfers in circumstances of
frequent or large transfers. •We reserve the right to remove or substitute the Portfolio Companies
available as investment options under the Contract. |
Investment
Options | |||
Optional Benefits |
•Certain optional benefits limit or restrict the investment options that you
may select under the Contract. We may change these restrictions in the
future. •Certain optional benefits may vary by selling firm. •Certain optional benefits could limit subsequent Purchase Payments. •Withdrawals may reduce the value of an optional benefit by an amount
greater than the value withdrawn, which could significantly reduce the
value or even terminate the benefit. •We may stop offering an optional benefit at any time for new sales. |
Purchase –
Investment
Allocation
Restrictions for
Certain Riders
Living Benefits
Appendix B:
Available
Under the
Benefits
Offered Under
the Contract | |||
|
Taxes |
| |||
Tax Implications |
•Consult with a tax professional to determine the tax implications of an
investment in and payments received under this Contract.
•If you purchase the Contract through a tax-qualified plan or individual
retirement account, you do not get any additional tax
benefit. •You will generally not be taxed on increases in the value of
the Contract until they are withdrawn. Withdrawals will
be subject to ordinary income tax, and may be subject to
tax penalties if you take a withdrawal before age
59 1∕2. |
Federal
Income Tax
Status | |||
|
Conflicts of Interest |
| |||
Investment
Professional
Compensation |
Your investment professional may receive compensation for selling this
Contract to you, in the form of commissions, additional
cash benefits (e.g., bonuses), and non-cash compensation.
This conflict of interest may influence your investment
professional to recommend this Contract over another
investment for which the investment professional is not compensated or
compensated less. |
Other Information – Distributor |
|
Conflicts of Interest |
Location in
Prospectus | |||
Exchanges |
If you already own an insurance Contract, some investment professionals
may have a financial incentive to offer you a new
Contract in place of the one you own. You should only
exchange a Contract you already own if you determine,
after comparing the features, fees, and risks of both Contracts, that it is better for you to purchase the new Contract rather than continue to
own your existing Contract. |
Replacement of Contracts and Other Exchanges |
Name of
Benefit |
Purpose |
Standard
or
Optional |
Maximum
Annual Fee |
Current
Charges |
Brief Description of
Restrictions / Limitations |
Dollar Cost
Averaging
Program |
Allows you to systematically
transfer a set amount each
month from
Investment
Portfolios to other available
|
Standard |
No Charge |
N/A |
•Available only during the •Transfers only available from the BlackRock Ultra- Short Term Bond Portfolio •Not available with the GWB rider or GLWB rider |
Enhanced
Dollar Cost
Averaging
(EDCA)
Program |
Allows you to systematically
transfer a set amount each
month from
Investment
Portfolios to other available
|
Standard |
No Charge |
N/A |
•Available only during the •Transfers are only available from the EDCA account •Not available in Oregon |
Three Month
Market
Entry
Program |
Allows you to systematically
transfer amounts from the
EDCA account in the general
account, to any available
select, over a three months
period |
Standard |
No Charge |
N/A |
•Available only during the •Transfers are only available from the EDCA account •Transfers are limited to a
three month duration |
Automatic
Rebalancing
Program |
Standard |
No Charge |
N/A |
•Available only during the | |
Systematic
Withdrawal
Program |
Standard |
No Charge |
N/A |
•Each payment must be at
least $100 (unless we
consent otherwise) |
Name of
Benefit |
Purpose |
Standard
or
Optional |
Maximum
Annual Fee |
Current
Charges |
Brief Description of
Restrictions /
Limitations |
Nursing
Home or
Hospital
Confinement
Rider |
Standard |
No Charge |
N/A |
•Must own Contract for at least one year •You or your joint owner must be confined for at least 90 days •Confinement must be prescribed by a physician or be medically necessary •Not available for owners 81 or older on the Contract issue date •Not available in Massachusetts or South Dakota | |
Terminal
Illness Rider |
Standard |
No Charge |
N/A |
•Must own Contract for at least one year to incur no withdrawal charge •Must be terminally ill and not expected to live more than 12 months; a physician certifies to your illness and life expectancy; you were not diagnosed with the terminal illness as of the date we issued your Contract; and you have been the owner continuously since the Contract was issued (or have become the owner as the spousal Beneficiary who continues the Contract) •Not available for owners 81 or older on the Contract issue date •Not available in Massachusetts | |
Standard
Death
Benefit –
Principal
Protection |
Pays a minimum death
benefit at least equal to the
greater of the
Account Value
or total
Purchase Payments
adjusted for any withdrawals |
Standard |
No Charge |
N/A |
•Withdrawals may proportionately reduce the benefit, and such reductions could be significant |
Annual
Step-Up
Death
Benefit |
Pays a death benefit equal to
the greater of your
Account
Payments adjusted for any
withdrawals, or you highest
Account
Value on a Contract Anniversary |
Optional |
•Must be 79 or younger at
the effective date of your
Contract •Withdrawals may proportionately reduce the benefit, and such reductions could be significant |
Name of
Benefit |
Purpose |
Standard
or
Optional |
Maximum
Annual Fee |
Current
Charges |
Brief Description of
Restrictions /
Limitations |
Guaranteed
Withdrawal
Benefit
(GWB v1) |
Optional |
•Available to owners 80 or younger •You may not have this
benefit and another living
benefit rider (the
Guaranteed Lifetime
Withdrawal Benefit) in
effect at the same time •You may elect to cancel the GWB rider on the Contract anniversary every five Contract Years for the
first 15
Contract Years
and annually thereafter •While the GWB rider is in effect, you are limited to making Purchase Payments
within the GWB
Purchase
Payment Period •Certain withdrawals could significantly reduce or even terminate the benefit •Not available in California, Oregon, and Vermont •Payment Enhancement
Feature is only available if
the oldest owner is age 75
or younger at the Contract
issue date and not
available in Connecticut,
Illinois, or South Dakota | |||
Guaranteed
Lifetime
Withdrawal
Benefit –
FlexChoice
Access Level |
Provides lifetime minimum
income regardless of
investment performance |
Optional |
2.00% of the
Benefit Base |
1.35% of the
Benefit Base |
•Available to owners at
least age 50 and not older
than 85 •Offers a fixed GLWB Withdrawal Rate and GLWB Lifetime Guarantee Rate throughout your lifetime •You may elect to cancel
the GWLB rider on the
Contract anniversary every
five Contract Years for the
first 10 Contract Years
and annually thereafter •Certain withdrawals could significantly reduce or even terminate the benefit |
|
Qualified Policies |
Non-Qualified Policies |
Minimum Initial Premium
Payment |
$2000 |
$5000 |
Minimum Subsequent Premium
Payments |
||
Maximum Total Premium
Payments |
$1,000,000 without our approval |
$1,000,000 without our approval |
Withdrawal Charges and Taxes |
There may be Withdrawal Charges and tax implications
when you take out money. |
Negative impact on benefits and guarantees of
your Contract |
A withdrawal may have a negative impact on certain benefits
and guarantees that you may elect. It may significantly
reduce the value or even terminate the benefit. |
Internal Revenue Code or Retirement Plan |
Depending on the circumstances, the Internal Revenue Code or your retirement plan may restrict your ability to take withdrawals. |
Withdrawal Charge (Note 1)
(as a percentage of
Purchase Payments) |
7% |
|
|
Transfer Fee (Note 2) |
$25
$0 (First 12 per year) |
Number of Complete Years from Receipt of Purchase Payment |
Withdrawal Charge
(% of
Purchase Payment) |
0 |
7 |
1 |
6 |
2 |
6 |
3 |
5 |
4 |
4 |
5 |
3 |
6 |
2 |
7 and thereafter |
0 |
Annual Contract Expenses |
|
Administrative Expenses (Note 1) |
$30 |
Base Contract Expenses (Note 2) |
1.30% |
(as a percentage of average Account Value) |
|
Optional Benefit Expenses (Note 3, Note 4)
|
|
Optional Death Benefit — Annual Step-Up (as a percentage of average Account Value) |
0.20% |
Guaranteed Withdrawal Benefit (GWB) Rider Charges
|
|
(as a percentage of the Total Guaranteed Withdrawal Amount (Note 5)) |
|
GWB v1 — maximum charge |
1.80% |
GWB v1 — current charge |
0.90% |
Guaranteed Lifetime Withdrawal Benefit (GLWB) Rider Charges |
|
Flex Choice Access GLWB |
|
(as a percentage of the Benefit Base (Note 6)) |
|
GLWB — maximum charge |
2.00% |
GLWB — current charge |
1.35% |
|
Minimum |
Maximum |
Total Annual Investment Portfolio Expenses |
|
|
(expenses that are deducted from Investment Portfolio assets, including
management fees, distribution and/or service (12b-1) fees, and other
expenses) |
0.53% |
4.52% |
Time Periods | ||||
|
1 year |
3 years |
5 years |
10 years |
maximum |
$14,821 |
$28,371 |
$41,075 |
$70,979 |
minimum |
$10,180 |
$15,115 |
$20,091 |
$34,537 |
Time Periods | ||||
|
1 year |
3 years |
5 years |
10 years |
maximum |
$7,821 |
$22,971 |
$37,475 |
$70,979 |
minimum |
$3,180 |
$9,715 |
$16,491 |
$34,537 |
Time Periods | ||||
|
1 year |
3 years |
5 years |
10 years |
maximum |
$12,821 |
$22,719 |
$32,230 |
$56,104 |
minimum |
$8,830 |
$11,067 |
$13,350 |
$21,146 |
Time Periods | ||||
|
1 year |
3 years |
5 years |
10 years |
maximum |
$5,821 |
$17,319 |
$28,630 |
$56,104 |
minimum |
$1,830 |
$5,667 |
$9,750 |
$21,146 |
Investment Objectives |
Portfolio Company and
Adviser/Sub-Adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/2023) | ||
1
Year |
5
Year |
10
Year | |||
Seeks high total investment return. |
BlackRock Global Allocation V.I.
Fund — Class III# BlackRock Advisors, LLC Subadviser: BlackRock
(Singapore) Limited |
1.02% |
12.49% |
7.39% |
4.63% |
Seeks capital appreciation and
current income. |
AB Global Dynamic Allocation
Portfolio — Class B#* Brighthouse Investment Advisers, LLC Subadviser: AllianceBernstein
L.P. |
0.90% |
11.64% |
3.99% |
3.70% |
Seeks to maximize total return. |
AB International Bond
Portfolio — Class B
Brighthouse Investment Advisers,
LLC
Subadviser: AllianceBernstein L.P. |
0.88% |
8.91% |
— |
— |
Seeks long-term capital appreciation. |
Allspring Mid Cap Value
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Allspring Global
Investments, LLC |
0.98% |
9.02% |
13.21% |
7.60% |
Seeks a balance between a high level
of current income and growth of
capital, with a greater emphasis on
growth of capital. |
American Funds® Balanced
Allocation Portfolio — Class C‡ Brighthouse Investment Advisers, LLC |
0.96% |
16.49% |
8.48% |
6.67% |
Seeks growth of capital. |
American Funds® Growth
Allocation Portfolio — Class C‡ Brighthouse Investment Advisers, LLC |
0.99% |
20.27% |
10.43% |
8.01% |
Seeks to achieve growth of capital. |
American Funds® Growth
Portfolio — Class C
Brighthouse Investment Advisers,
LLC; Capital Research and
Management CompanySM |
0.92% |
37.99% |
18.29% |
13.99% |
Investment Objectives |
Portfolio Company and
Adviser/Sub-Adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/2023) | ||
1
Year |
5
Year |
10
Year | |||
Seeks a high total return in the form
of income and growth of capital,
with a greater emphasis on income. |
American Funds® Moderate
Allocation Portfolio — Class C‡ Brighthouse Investment Advisers, LLC |
0.94% |
12.91% |
6.76% |
5.49% |
Seeks capital appreciation and
current income. |
BlackRock Global Tactical Strategies
Portfolio — Class B#* Brighthouse Investment Advisers, LLC Subadviser: BlackRock Financial
Management, Inc. |
0.93% |
13.32% |
4.89% |
3.97% |
Seeks to maximize total return,
consistent with income generation
and prudent investment
management. |
BlackRock High Yield
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: BlackRock Financial
Management, Inc. |
0.90% |
13.07% |
5.66% |
4.53% |
Seeks growth of capital. |
Brighthouse Asset Allocation 100
Portfolio — Class B‡ Brighthouse Investment Advisers, LLC |
0.99% |
20.81% |
11.55% |
7.92% |
Seeks a balance between a high level
of current income and growth of
capital, with a greater emphasis on
growth of capital. |
Brighthouse Balanced Plus
Portfolio — Class B* Brighthouse Investment Advisers, LLC Subadviser: Overlay Portion:
Pacific Investment Management Company
LLC |
0.97% |
9.24% |
5.01% |
4.78% |
Seeks long-term capital appreciation. |
Brighthouse Small Cap Value
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Delaware Investments
Fund Advisers, a series of Macquarie
Investment Management Business
Trust, and Allspring Global
Investments, LLC |
1.12% |
13.95% |
10.81% |
7.17% |
Seeks capital appreciation. |
Brighthouse/abrdn Emerging
Markets Equity
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: abrdn Investments
Limited |
1.21% |
6.47% |
2.88% |
1.30% |
Seeks a high level of current income. |
Brighthouse/Eaton Vance Floating
Rate Portfolio — Class B
Brighthouse Investment Advisers,
LLC
Subadviser: Eaton Vance Management |
0.95% |
10.79% |
4.27% |
3.41% |
Investment Objectives |
Portfolio Company and
Adviser/Sub-Adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/2023) | ||
1
Year |
5
Year |
10
Year | |||
Seeks a high level of current income,
while seeking preservation of
shareholders’ capital. |
Brighthouse/Franklin Low Duration
Total Return Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Franklin Advisers,
Inc. |
0.73% |
5.59% |
1.51% |
1.29% |
Seeks total return through
investment in real estate securities,
emphasizing both capital
appreciation and current income. |
CBRE Global Real Estate
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: CBRE Investment
Management Listed Real Assets
LLC |
0.90% |
12.73% |
6.15% |
4.38% |
Seeks long-term capital appreciation. |
Harris Oakmark International
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Harris Associates
L.P. |
0.98% |
18.95% |
7.24% |
3.19% |
Seeks total return. |
Invesco Balanced-Risk Allocation
Portfolio — Class B#* Brighthouse Investment Advisers, LLC Subadviser: Invesco Advisers,
Inc. |
0.94% |
6.44% |
5.36% |
4.21% |
Seeks capital growth and income. |
Invesco Comstock
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Invesco Advisers,
Inc. |
0.81% |
12.21% |
13.33% |
8.86% |
Seeks capital appreciation. |
Invesco Global Equity
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Invesco Advisers,
Inc. |
0.83% |
34.58% |
12.20% |
8.41% |
Seeks long-term growth of capital. |
Invesco Small Cap Growth
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Invesco Advisers,
Inc. |
1.06% |
11.90% |
8.64% |
7.39% |
Seeks to maximize total return. |
JPMorgan Core Bond
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: J.P. Morgan
Investment Management Inc.
|
0.70% |
5.71% |
1.17% |
1.69% |
Seeks capital appreciation and
current income. |
JPMorgan Global Active Allocation
Portfolio — Class B#* Brighthouse Investment Advisers, LLC Subadviser: J.P. Morgan
Investment Management Inc.
|
0.98% |
10.51% |
5.56% |
4.66% |
Investment Objectives |
Portfolio Company and
Adviser/Sub-Adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/2023) | ||
1
Year |
5
Year |
10
Year | |||
Seeks high total investment return
through a combination of capital
appreciation and income. |
Loomis Sayles Global Allocation
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Loomis, Sayles &
Company, L.P. |
1.04% |
22.20% |
9.41% |
7.19% |
Seeks long-term growth of capital. |
Loomis Sayles Growth
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Loomis, Sayles &
Company, L.P. |
0.80% |
51.73% |
16.12% |
10.53% |
Seeks a balance between growth of
capital and current income, with a
greater emphasis on growth of
capital. |
MetLife Multi-Index Targeted Risk
Portfolio — Class B* Brighthouse Investment Advisers, LLC Subadviser: Overlay Portion:
MetLife Investment Management,
LLC |
0.66% |
13.82% |
5.03% |
4.44% |
Seeks capital appreciation. |
MFS® Research International
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Massachusetts
Financial Services Company
|
0.90% |
12.82% |
8.54% |
4.17% |
Seeks total return. |
PanAgora Global Diversified Risk
Portfolio — Class B#* Brighthouse Investment Advisers, LLC Subadviser: PanAgora Asset
Management, Inc. |
0.98% |
4.71% |
2.47% |
— |
Seeks maximum real return,
consistent with preservation of
capital and prudent investment
management. |
PIMCO Inflation Protected Bond
Portfolio — Class B
Brighthouse Investment Advisers,
LLC
Subadviser: Pacific Investment Management Company LLC |
0.93% |
3.59% |
3.05% |
2.08% |
Seeks maximum total return,
consistent with the preservation of
capital and prudent investment
management. |
PIMCO Total Return
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Pacific Investment
Management Company LLC
|
0.80% |
6.05% |
1.01% |
1.60% |
Seeks capital appreciation and
current income. |
Schroders Global Multi-Asset
Portfolio — Class B#* Brighthouse Investment Advisers, LLC Subadviser: Schroder Investment
Management North America
Inc. |
0.95% |
15.02% |
4.88% |
4.02% |
Investment Objectives |
Portfolio Company and
Adviser/Sub-Adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/2023) | ||
1
Year |
5
Year |
10
Year | |||
Seeks to provide total return,
primarily through capital
appreciation. |
SSGA Emerging Markets Enhanced
Index Portfolio — Class B
Brighthouse Investment Advisers,
LLC
Subadviser: SSGA Funds Management, Inc |
0.98% |
12.50% |
— |
— |
Seeks growth of capital and income. |
SSGA Growth and Income ETF
Portfolio — Class B‡ Brighthouse Investment Advisers, LLC Subadviser: SSGA Funds
Management, Inc. |
0.77% |
13.97% |
7.51% |
5.49% |
Seeks growth of capital. |
SSGA Growth ETF
Portfolio — Class B‡ Brighthouse Investment Advisers, LLC Subadviser: SSGA Funds
Management, Inc. |
0.80% |
15.75% |
9.20% |
6.43% |
Seeks long-term capital appreciation
by investing in common stocks
believed to be undervalued. Income
is a secondary objective. |
T. Rowe Price Large Cap Value
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: T. Rowe Price
Associates, Inc. |
0.78% |
9.64% |
11.26% |
8.66% |
Seeks long-term growth of capital. |
T. Rowe Price Mid Cap Growth
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: T. Rowe Price
Associates, Inc.
Sub-Subadviser: T. Rowe Price
Investment Management, Inc. |
0.95% |
19.84% |
11.63% |
10.45% |
Seeks high total return by investing
in equity securities of mid-sized
companies. |
Victory Sycamore Mid Cap Value
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Victory Capital
Management Inc. |
0.85% |
9.94% |
14.38% |
8.30% |
Seeks a high level of current income,
consistent with preservation of
principal. |
Western Asset Management
Government Income
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Western Asset
Management Company LLC
|
0.72% |
4.39% |
0.21% |
1.26% |
Seeks long-term growth of capital. |
Baillie Gifford International Stock
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Baillie Gifford
Overseas Limited |
1.00% |
18.36% |
6.88% |
4.46% |
Investment Objectives |
Portfolio Company and
Adviser/Sub-Adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/2023) | ||
1
Year |
5
Year |
10
Year | |||
Seeks a competitive total return
primarily from investing in fixed-
income securities. |
BlackRock Bond Income
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: BlackRock Advisors,
LLC |
0.64% |
5.59% |
1.28% |
1.95% |
Seeks long-term growth of capital. |
BlackRock Capital Appreciation
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: BlackRock Advisors,
LLC |
0.82% |
49.23% |
15.86% |
12.60% |
Seeks a high level of current income
consistent with prudent investment
risk and preservation of capital. |
BlackRock Ultra-Short Term Bond
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: BlackRock Advisors,
LLC |
0.61% |
4.80% |
1.50% |
0.98% |
Seeks a high level of current income,
with growth of capital as a
secondary objective. |
Brighthouse Asset Allocation 20
Portfolio — Class B#‡ Brighthouse Investment Advisers, LLC |
0.89% |
7.83% |
3.62% |
3.05% |
Seeks high total return in the form of
income and growth of capital, with a
greater emphasis on income. |
Brighthouse Asset Allocation 40
Portfolio — Class B‡ Brighthouse Investment Advisers, LLC |
0.89% |
10.52% |
5.60% |
4.34% |
Seeks a balance between a high level
of current income and growth of
capital, with a greater emphasis on
growth of capital. |
Brighthouse Asset Allocation 60
Portfolio — Class B‡ Brighthouse Investment Advisers, LLC |
0.91% |
13.59% |
7.72% |
5.67% |
Seeks growth of capital. |
Brighthouse Asset Allocation 80
Portfolio — Class B‡ Brighthouse Investment Advisers, LLC |
0.94% |
17.30% |
9.75% |
6.91% |
Seeks long-term capital growth. |
Brighthouse/Artisan Mid Cap Value
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Artisan Partners
Limited Partnership |
1.02% |
18.24% |
11.28% |
6.48% |
Seeks long-term capital appreciation. |
Brighthouse/Dimensional
International Small Company
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Dimensional Fund
Advisors LP |
1.05% |
13.52% |
7.32% |
4.42% |
Seeks to provide a growing stream of
income over time and, secondarily,
long-term capital appreciation and
current income. |
Brighthouse/Wellington Core Equity
Opportunities Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Wellington
Management Company LLP
|
0.86% |
7.38% |
12.84% |
10.08% |
Investment Objectives |
Portfolio Company and
Adviser/Sub-Adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/2023) | ||
1
Year |
5
Year |
10
Year | |||
Seeks maximum capital
appreciation. |
Frontier Mid Cap Growth
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Frontier Capital
Management Company, LLC
|
0.96% |
17.73% |
10.99% |
9.01% |
Seeks long-term growth of capital. |
Jennison Growth
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Jennison Associates
LLC |
0.80% |
52.86% |
17.69% |
14.03% |
Seeks to track the performance of
the Bloomberg U.S. Aggregate Bond
Index. |
MetLife Aggregate Bond Index
Portfolio — Class G
Brighthouse Investment Advisers,
LLC
Subadviser: MetLife Investment Management, LLC |
0.58% |
4.90% |
0.57% |
1.27% |
Seeks to track the performance of
the Standard & Poor’s MidCap
400® Composite Stock Price
Index. |
MetLife Mid Cap Stock Index
Portfolio — Class G
Brighthouse Investment Advisers,
LLC
Subadviser: MetLife Investment Management, LLC |
0.61% |
15.76% |
12.00% |
8.68% |
Seeks to track the performance of
the MSCI EAFE® Index. |
MetLife MSCI EAFE® Index
Portfolio — Class G
Brighthouse Investment Advisers,
LLC
Subadviser: MetLife Investment Management, LLC |
0.69% |
17.58% |
7.67% |
3.75% |
Seeks to track the performance of
the Russell 2000® Index. |
MetLife Russell 2000® Index
Portfolio — Class G
Brighthouse Investment Advisers,
LLC
Subadviser: MetLife Investment Management, LLC |
0.62% |
16.47% |
9.57% |
6.84% |
Seeks to track the performance of
the Standard & Poor’s 500®
Composite Stock Price Index. |
MetLife Stock Index
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: MetLife Investment
Management, LLC |
0.51% |
25.63% |
15.10% |
11.47% |
Seeks capital appreciation. |
MFS® Value Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Massachusetts
Financial Services Company
|
0.83% |
7.85% |
11.27% |
8.51% |
Seeks high total return, consisting
principally of capital appreciation. |
Neuberger Berman Genesis
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Neuberger Berman
Investment Advisers LLC
|
1.05% |
15.20% |
12.13% |
8.48% |
Investment Objectives |
Portfolio Company and
Adviser/Sub-Adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/2023) | ||
1
Year |
5
Year |
10
Year | |||
Seeks long-term growth of capital. |
T. Rowe Price Large Cap Growth
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: T. Rowe Price
Associates, Inc. |
0.82% |
46.53% |
13.23% |
11.60% |
Seeks to maximize total return
consistent with preservation of
capital. |
Western Asset Management Strategic
Bond Opportunities
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Western Asset
Management Company LLC
|
0.81% |
9.22% |
2.54% |
2.76% |
Seeks to maximize total return
consistent with preservation of
capital and maintenance of liquidity. |
Western Asset Management
U.S. Government
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Western Asset
Management Company LLC
|
0.75% |
4.59% |
0.70% |
0.98% |
Seeks long-term growth of capital. |
Janus Henderson Global Sustainable
Equity Portfolio — Service Shares# Janus Henderson Investors US LLC |
1.12% |
23.24% |
— |
— |
Optional Benefit |
GWB v1 |
FlexChoice Access GLWB |
AB Global Dynamic Allocation Portfolio |
BlackRock Global Tactical Strategies Portfolio |
Brighthouse Balanced Plus Portfolio |
Invesco Balanced-Risk Allocation Portfolio |
JPMorgan Global Active Allocation Portfolio |
MetLife Aggregate Bond Index Portfolio |
MetLife Multi-Index Targeted Risk Portfolio |
PanAgora Global Diversified Risk Portfolio |
Schroders Global Multi-Asset Portfolio |
Western Asset Management Government Income Portfolio |
AB Global Dynamic Allocation Portfolio |
American Funds® Balanced Allocation Portfolio |
American Funds® Moderate Allocation Portfolio |
BlackRock Global Allocation V.I. Fund |
BlackRock Global Tactical Strategies Portfolio |
Brighthouse Asset Allocation 20 Portfolio |
Brighthouse Asset Allocation 40 Portfolio |
Brighthouse Asset Allocation 60 Portfolio |
Brighthouse Balanced Plus Portfolio |
Invesco Balanced-Risk Allocation Portfolio |
JPMorgan Global Active Allocation Portfolio |
Loomis Sayles Global Allocation Portfolio |
MetLife Multi-Index Targeted Risk Portfolio |
PanAgora Global Diversified Risk Portfolio |
Schroders Global Multi-Asset Portfolio |
SSGA Growth and Income ETF Portfolio |
Platform 1 |
Platform 2 |
A maximum of 70% of
Purchase Payments or
|
A minimum of 30% of
Purchase Payments or
|
AB Global Dynamic Allocation Portfolio |
AB International Bond Portfolio |
Platform 1 |
Platform 2 |
A maximum of 70% of Purchase Payments or
Account Value |
A minimum of 30% of Purchase Payments or
Account Value |
Allspring Mid Cap Value Portfolio |
BlackRock Bond Income Portfolio |
American Funds® Balanced Allocation
Portfolio |
BlackRock High Yield Portfolio |
American Funds® Growth Allocation
Portfolio |
BlackRock Ultra-Short Term Bond Portfolio |
American Funds® Growth Portfolio
|
Brighthouse/Eaton Vance Floating Rate Portfolio |
American Funds® Moderate Allocation
Portfolio |
Brighthouse/Franklin Low Duration Total Return Portfolio
|
Baillie Gifford International Stock Portfolio |
JPMorgan Core Bond Portfolio |
BlackRock Capital Appreciation Portfolio |
MetLife Aggregate Bond Index Portfolio |
BlackRock Global Allocation V.I. Fund |
PIMCO Inflation Protected Bond Portfolio |
BlackRock Global Tactical Strategies Portfolio |
PIMCO Total Return Portfolio |
Brighthouse Asset Allocation 100 Portfolio |
Western Asset Management Government Income Portfolio |
Brighthouse Asset Allocation 20 Portfolio |
Western Asset Management Strategic Bond Opportunities
Portfolio |
Brighthouse Asset Allocation 40 Portfolio |
Western Asset Management U.S. Government Portfolio |
Brighthouse Asset Allocation 60 Portfolio |
|
Brighthouse Asset Allocation 80 Portfolio |
|
Brighthouse Balanced Plus Portfolio |
|
Brighthouse Small Cap Value Portfolio |
|
Brighthouse/abrdn Emerging Markets Equity Portfolio |
|
Brighthouse/Artisan Mid Cap Value Portfolio |
|
Brighthouse/Dimensional International Small Company
Portfolio |
|
Brighthouse/Wellington Core Equity Opportunities
Portfolio |
|
CBRE Global Real Estate Portfolio |
|
Frontier Mid Cap Growth Portfolio |
|
Harris Oakmark International Portfolio |
|
Invesco Balanced-Risk Allocation Portfolio |
|
Invesco Comstock Portfolio |
|
Invesco Global Equity Portfolio |
|
Invesco Small Cap Growth Portfolio |
|
Janus Henderson Global Sustainable Equity Portfolio |
|
Jennison Growth Portfolio |
|
JPMorgan Global Active Allocation Portfolio |
|
Loomis Sayles Global Allocation Portfolio |
|
Loomis Sayles Growth Portfolio |
|
MetLife Mid Cap Stock Index Portfolio |
|
MetLife MSCI EAFE® Index Portfolio
|
|
MetLife Multi-Index Targeted Risk Portfolio |
|
MetLife Russell 2000® Index Portfolio
|
|
MetLife Stock Index Portfolio |
|
MFS® Research International
Portfolio |
|
MFS® Value Portfolio
|
|
Neuberger Berman Genesis Portfolio |
|
Platform 1 |
Platform 2 |
A maximum of 70% of Purchase Payments or
Account Value |
A minimum of 30% of Purchase Payments or
Account Value |
PanAgora Global Diversified Risk Portfolio |
|
Schroders Global Multi-Asset Portfolio |
|
SSGA Emerging Markets Enhanced Index Portfolio |
|
SSGA Growth and Income ETF Portfolio |
|
SSGA Growth ETF Portfolio |
|
T. Rowe Price Large Cap Growth Portfolio |
|
T. Rowe Price Large Cap Value Portfolio |
|
T. Rowe Price Mid Cap Growth Portfolio |
|
Victory Sycamore Mid Cap Value Portfolio |
|