Investment objective & strategy
As of May 11, 2023 · prospectusObjective. The Fund seeks to provide exposure to the S&P 500 Index, while providing a buffer against the first 10% of losses associated with S&P 500 Index performance and participating in S&P 500 Index gains that exceed a declared spread, prior to taking into account any fees or expenses or the performance of any fixed income exposure included in the Funds portfolio, over a one-year period.
Strategy. 4. Milliman 1-Year Buffered S&P 500 with Spread Outcome Fund May Share Class Spread (As of May 10, 2023) Prior to Taking into Account Fund Fees and Expenses After Taking into Account Fund Fees and Expenses Class 3 1.68% 2.67% Share Class Buffer Prior to Taking into Account Fund Fees and Expenses After Taking into Account Fund Fees and Expenses Class 3 10% 9.01% 4. Milliman 1-Year Buffered S&P 500 with Spread Outcome Fund May Share Class Spread (As of May 10, 2023) Prior to Taking into Account Fund Fees and Expenses After Taking into Account Fund Fees and Expenses Class 3 1.68% 2.67% Share Class Buffer Prior to Taking into Account Fund Fees and Expenses After Taking into Account Fund Fees and Expenses Class 3 10% 9.01%
Top holdings
As of Sept. 30, 2023 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| XSP 05/10/2024 0.43 C | — | $977.49K | 100.77% |
| US TREASURY N/B | — | $229.48K | 23.66% |
| State Street SPDR Portfolio Intermediate Term Corporate Bond ETF | SPIB | $87.62K | 9.03% |
| VANGUARD INT-TERM CORPORATE MUTUAL FUND | VCIT | $86.01K | 8.87% |
| XSP 05/10/2024 420.71 C | — | $78.47K | 8.09% |
| iShares Trust IBOXX USD INVST GRADE CORP | LQD | $42.54K | 4.39% |
| iShares Trust ISHARES 0-3 MONTH TREASURY BOND ETF | SGOV | $40.87K | 4.21% |
| VANGUARD SHORT TERM TREASURY ETF | VGSH | $40.49K | 4.17% |
| XSP 05/10/2024 165.94 P | — | $709 | 0.07% |
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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