Strategy. 1. Milliman 6-Month Buffered 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 73.91% * 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 Buffer Prior to Taking into Account Fund Fees and Expenses After Taking into Account Fund Fees and Expenses Class 3 10% 9.51% 1. Milliman 6-Month Buffered 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 73.91% * 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 Buffer Prior to Taking into Account Fund Fees and Expenses After Taking into Account Fund Fees and Expenses Class 3 10% 9.51% Show less