Investment objective & strategy
As of Aug. 11, 2023 · prospectusStrategy. 2. Milliman 6-Month Parred Down S&P 500 with Par Up Outcome Fund Feb/Aug Share Class Par Up Rate* (As of August 10, 2023) Prior to Taking into Account Fund Fees and Expenses Class 3 75% * 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 Feb/Aug Share Class Par Up Rate* (As of August 10, 2023) Prior to Taking into Account Fund Fees and Expenses Class 3 75% * 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 02/12/2024 0.69 C | — | $1.19M | 97.31% |
| State Street SPDR Portfolio Intermediate Term Corporate Bond ETF | SPIB | $122.43K | 9.98% |
| VANGUARD INT-TERM CORPORATE MUTUAL FUND | VCIT | $120.81K | 9.85% |
| iShares Trust ISHARES 0-3 MONTH TREASURY BOND ETF | SGOV | $84.46K | 6.89% |
| iShares Trust IBOXX USD INVST GRADE CORP | LQD | $59.89K | 4.88% |
| VANGUARD SHORT TERM TREASURY ETF | VGSH | $28.11K | 2.29% |
| XSP 02/12/2024 446.91 C | — | $21.47K | 1.75% |
| XSP 02/12/2024 179.44 P | — | $384 | 0.03% |
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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