V.I. Government Money Fund

Overview

The Fund typically invests in short-term investment-grade debt securities

Inception Date
April 3, 1985
Investment Style
Government Money Market
Fund Index
n/a
CUSIP
00900X868
NAV
(as of 07/23/2019)
$1.00
Total Assets
(as of 06/30/2019)
$1.12 BN
Gross Expense Ratio
(as of 06/30/2019)
0.58%
Net Expense Ratio
(as of 06/30/2019)
0.50%
Market-based NAV (all classes)
(as of 07/22/2019)
$1.0001
Daily Liquid Assets (all classes)
(as of 07/22/2019)
56.98%
More NAV & Liquidity Data
Net In/Outflows (all classes)
(as of 07/22/2019)
-$8,103,311.82
Weekly Liquid Assets (all classes)
(as of 07/22/2019)
89.42%
You could lose money by investing in the Fund. Although the Fund seeks to preserve your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund’s sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time.
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Documents
  1. 1. This Fund seeks income consistent with stability of principal. You could lose money by investing in the Government Money Fund/VA. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund’s sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time. The yield of this Fund may become very low during periods of low interest rates. After deduction of Variable Account Annual Expenses, the yield in the Sub-Account that invests in this Fund could be negative.
  2. 2. Debt securities may be subject to credit risks and interest rate risks. However, the Fund's investments must follow special rules for money market funds under Federal law. Those rules require the Fund to maintain:▪ High portfolio credit quality▪ Short average portfolio maturity▪ Diversification of the Fund's investments by issuerEven so, there are risks that any of the Fund's holdings could have its credit rating downgraded, or that the issuer could default, or that interest rates could rise sharply, causing the value of the Fund's investments (and its share price) to fall. There is risk that the Fund's shares could fall below $1.00 per share. This Fund seeks income consistent with stability of principal. You could lose money by investing in the Government Money Fund/VA. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund’s sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time. The yield of this Fund may become very low during periods of low interest rates. After deduction of Variable Account Annual Expenses, the yield in the Sub-Account that invests in this Fund could be negative.
  3. 3. Fund performance reflects fee waivers, absent which, performance data quoted would have been lower. Total annual fund operating expenses after any contractual fee waivers and/or expense reimbursements by the adviser in effect through May 28, 2021. See current prospectus for more information.
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