Investment objective & strategy
As of July 11, 2023 · prospectusStrategy. 2. Milliman 6-Month Parred Down S&P 500 with Par Up Outcome Fund Jan/Jul Share Class Par Up Rate* (As of July 10, 2023) Prior to Taking into Account Fund Fees and Expenses Class 3 77.78% * The performance of the Funds upside S&P 500 Index FLEX Options exposure is calculated by multiplying the Par Up Rate by the positive returns of the S&P 500 Index for the Outcome Period. That performance is then reduced by the Funds total net expenses. Share Class Par Down Rate* Prior to Taking into Account Fund Fees and Expenses Class 3 50% * The performance of the Funds downside S&P 500 Index FLEX Options exposure is calculated by multiplying the Par Down Rate by the … 2. Milliman 6-Month Parred Down S&P 500 with Par Up Outcome Fund Jan/Jul Share Class Par Up Rate* (As of July 10, 2023) Prior to Taking into Account Fund Fees and Expenses Class 3 77.78% * The performance of the Funds upside S&P 500 Index FLEX Options exposure is calculated by multiplying the Par Up Rate by the positive returns of the S&P 500 Index for the Outcome Period. That performance is then reduced by the Funds total net expenses. Share Class Par Down Rate* Prior to Taking into Account Fund Fees and Expenses Class 3 50% * The performance of the Funds downside S&P 500 Index FLEX Options exposure is calculated by multiplying the Par Down Rate by the negative returns of the S&P 500 Index for the Outcome Period. That performance is then reduced by the Funds total net expenses.
Top holdings
As of Sept. 30, 2023 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| XSP 01/10/2024 0.68 C | — | $768.05K | 92.21% |
| US TREASURY N/B | — | $206.48K | 24.79% |
| State Street SPDR Portfolio Intermediate Term Corporate Bond ETF | SPIB | $81.61K | 9.80% |
| VANGUARD INT-TERM CORPORATE MUTUAL FUND | VCIT | $80.69K | 9.69% |
| iShares Trust ISHARES 0-3 MONTH TREASURY BOND ETF | SGOV | $56.07K | 6.73% |
| iShares Trust IBOXX USD INVST GRADE CORP | LQD | $39.79K | 4.78% |
| VANGUARD SHORT TERM TREASURY ETF | VGSH | $18.66K | 2.24% |
| XSP 01/10/2024 440.99 C | — | $13.99K | 1.68% |
| XSP 01/10/2024 177.07 P | — | $168 | 0.02% |
Portfolio moves
Jun 30, 2023 → Sep 30, 2023How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weightFootnotes
- Net assets and holdings count as of September 30, 2023, from the fund's N-PORT filing.
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