Spoof Access

×

Discovery Mid Cap Growth Fund/VA

×
Overview

The Strategy typically invests in mid-cap U.S. growth stocks.

Inception Date
August 15, 1986
Investment Style
Mid Cap Growth
Fund Index
Russell Midcap® Growth Index
CUSIP
683811509
NAV
  • A
(as of 11/16/2018)
$74.25
Total Assets
(as of 10/31/2018)
$676.35 MM
Gross Expense Ratio
(as of 10/31/2018)
0.86%
Net Expense Ratio
(as of 10/31/2018)
0.80%
Performance
Average Annual Total Returns
Cumulative Returns
Calendar Year Returns
Capital Gains Distributions
as of 10/31/2018
  • B
as of 09/30/2018
  • B

Include Sales Charge
Include Sales Charge
Include Sales Charge
Include Sales Charge
  • B
Cumulative
Annualized
ytd as of 2018-09-30
  • C
1 yr 3 yr 5 yr 10 yr since inception
Discovery Mid Cap Growth Fund/VA (NAV)
15.51% 23.33% 16.60% 13.04% 12.12% 9.79%
Cumulative
Annualized
ytd as of 2018-09-30
  • C
1 yr 3 yr 5 yr 10 yr since inception
Discovery Mid Cap Growth Fund/VA (with sales charge)
15.51% 23.33% 16.60% 13.04% 12.12% 9.79%
Cumulative
Annualized
ytd as of 2018-10-31
  • C
1 yr 3 yr 5 yr 10 yr since inception
Discovery Mid Cap Growth Fund/VA (NAV)
1.99% 3.91% 10.12% 9.46% 13.84% 9.34%
Cumulative
Annualized
ytd as of 2018-10-31
  • C
1 yr 3 yr 5 yr 10 yr since inception
Discovery Mid Cap Growth Fund/VA (with sales charge)
1.99% 3.91% 10.12% 9.46% 13.84% 9.34%
Gross Expense Ratio: 0.86% | Net Expense Ratio: 0.80%

The performance data quoted represents past performance, which does not guarantee future results.  The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost.  Current performance and expense ratios may be lower or higher than the data quoted.  The Fund's total returns should not be expected to be the same as the returns of other funds, whether or not both funds have the same portfolio managers and/or similar names.  The Fund's total returns include reinvested distributions but do not include the charges associated with the separate account products that offer this Fund.  Such performance would have been lower if such charges were taken into account.


Year Discovery Mid Cap Growth Fund/VA
1987 14.34%
1988 13.41%
1989 27.57%
1990 -16.82%
1991 54.72%
1992 15.42%
1993 27.32%
1994 -7.59%
1995 32.52%
1996 20.22%
1997 11.67%
1998 12.36%
1999 83.60%
2000 -11.24%
2001 -31.27%
2002 -27.79%
2003 25.59%
2004 19.78%
2005 12.33%
2006 2.96%
2007 6.33%
2008 -49.07%
2009 32.61%
2010 27.46%
2011 1.09%
2012 16.45%
2013 35.98%
2014 5.78%
2015 6.61%
2016 2.34%
2017 28.79%

The performance data quoted represents past performance, which does not guarantee future results.  The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost.  Current performance and expense ratios may be lower or higher than the data quoted.  The Fund's total returns should not be expected to be the same as the returns of other funds, whether or not both funds have the same portfolio managers and/or similar names.  The Fund's total returns include reinvested distributions but do not include the charges associated with the separate account products that offer this Fund.  Such performance would have been lower if such charges were taken into account.


Date Discovery Mid Cap Growth Fund/VA Russell Midcap® Growth Index (Linked Index) MSCI World S&P 500
10/31/2008 0.00 0.00 0.00 0.00
11/30/2008 -13.68 -11.28 -6.47 -7.18
12/31/2008 -10.90 -6.78 -3.47 -6.19
1/31/2009 -13.94 -12.39 -11.93 -14.09
2/28/2009 -20.71 -19.97 -20.94 -23.24
3/31/2009 -14.01 -12.35 -14.98 -16.52
4/30/2009 -7.93 0.69 -5.44 -8.53
5/31/2009 -5.31 4.31 3.12 -3.41
6/30/2009 -4.14 6.76 2.66 -3.22
7/31/2009 1.42 15.05 11.35 4.10
8/31/2009 3.27 17.40 15.95 7.86
9/30/2009 10.29 25.09 20.57 11.88
10/31/2009 6.60 18.21 18.42 9.80
11/30/2009 10.94 22.60 23.26 16.39
12/31/2009 18.15 32.05 25.47 18.64
1/31/2010 11.45 26.61 20.29 14.37
2/28/2010 17.53 33.06 21.98 17.91
3/31/2010 24.98 43.68 29.54 25.03
4/30/2010 28.92 48.72 29.56 27.00
5/31/2010 19.80 38.62 17.15 16.86
6/30/2010 12.46 29.65 13.13 10.74
7/31/2010 19.67 38.30 22.30 18.50
8/31/2010 15.85 29.54 17.74 13.15
9/30/2010 29.76 46.69 28.71 23.25
10/31/2010 35.81 52.21 33.51 27.94
11/30/2010 43.48 58.34 30.63 27.96
12/31/2010 50.60 70.17 40.23 36.51
1/31/2011 53.51 72.09 43.40 39.75
2/28/2011 63.02 81.52 48.42 44.53
3/31/2011 69.78 86.90 46.96 44.59
4/30/2011 74.73 93.43 53.20 48.87
5/31/2011 71.40 91.05 50.03 47.19
6/30/2011 72.69 87.61 47.65 44.73
7/31/2011 67.68 80.33 44.97 41.79
8/31/2011 54.35 65.57 34.76 34.09
9/30/2011 40.93 47.55 23.12 24.66
10/31/2011 57.30 70.34 35.86 38.29
11/30/2011 56.84 69.53 32.54 37.98
12/31/2011 52.25 67.49 32.47 39.39
1/31/2012 61.63 80.40 39.11 45.64
2/29/2012 72.02 88.69 45.91 51.94
3/31/2012 77.32 91.95 47.78 56.94
4/30/2012 80.36 90.31 46.11 55.95
5/31/2012 68.39 75.97 33.49 46.58
6/30/2012 73.21 81.63 40.30 52.62
7/31/2012 70.85 79.83 42.10 54.74
8/31/2012 77.71 86.77 45.70 58.22
9/30/2012 81.14 91.11 49.70 62.31
10/31/2012 74.47 87.51 48.69 59.32
11/30/2012 76.03 90.80 50.60 60.24
12/31/2012 77.29 94.51 53.43 61.70
1/31/2013 87.32 107.87 61.24 70.08
2/28/2013 87.74 109.15 61.51 72.38
3/31/2013 93.17 118.23 65.29 78.85
4/30/2013 93.37 119.00 70.50 82.30
5/31/2013 97.44 128.00 70.56 86.56
6/30/2013 96.50 125.27 66.36 84.05
7/31/2013 109.83 139.29 75.12 93.42
8/31/2013 111.12 134.74 71.39 87.82
9/30/2013 124.29 146.31 79.96 93.71
10/31/2013 132.54 152.77 87.01 102.61
11/30/2013 134.58 158.36 90.33 108.79
12/31/2013 141.08 166.59 94.36 114.07
1/31/2014 140.76 160.79 87.16 106.67
2/28/2014 158.01 177.18 96.53 116.13
3/31/2014 142.80 172.04 96.81 117.94
4/30/2014 126.07 168.05 98.83 119.55
5/31/2014 130.80 175.33 102.74 124.71
6/30/2014 142.80 183.94 106.37 129.35
7/31/2014 135.49 175.45 103.08 126.19
8/31/2014 148.17 190.29 107.55 135.23
9/30/2014 142.35 181.87 101.92 131.94
10/31/2014 148.49 189.65 103.22 137.60
11/30/2014 155.26 199.17 107.30 143.99
12/31/2014 155.03 198.32 103.95 143.38
1/31/2015 153.25 193.30 100.26 136.07
2/28/2015 172.15 213.48 111.99 149.64
3/31/2015 175.83 214.37 108.67 145.69
4/30/2015 170.92 212.16 113.57 148.05
5/31/2015 179.10 215.87 114.30 151.24
6/30/2015 180.01 210.78 109.32 146.37
7/31/2015 187.12 215.82 113.08 151.53
8/31/2015 171.38 197.44 98.98 136.36
9/30/2015 161.05 185.95 91.64 130.51
10/31/2015 173.68 203.95 106.82 149.95
11/30/2015 175.77 204.61 105.79 150.70
12/31/2015 171.88 197.73 102.18 146.74
1/31/2016 152.60 175.19 90.08 134.50
2/29/2016 147.57 179.50 88.67 134.18
3/31/2016 162.47 199.45 101.47 150.07
4/30/2016 164.80 199.27 104.66 151.04
5/31/2016 173.61 204.18 105.81 155.55
6/30/2016 176.31 204.13 103.50 156.21
7/31/2016 188.22 219.19 112.10 165.66
8/31/2016 187.64 218.25 112.28 166.03
9/30/2016 186.23 218.09 113.40 166.08
10/31/2016 174.28 205.17 109.27 161.23
11/30/2016 181.94 218.44 112.28 170.90
12/31/2016 178.22 219.54 117.36 176.25
1/31/2017 191.24 230.20 122.61 181.49
2/28/2017 200.20 239.69 128.78 192.67
3/31/2017 202.00 241.58 131.22 193.01
4/30/2017 207.83 246.64 134.64 196.02
5/31/2017 220.69 254.92 139.61 200.19
6/30/2017 218.80 255.97 140.53 202.06
7/31/2017 224.20 261.92 146.29 208.27
8/31/2017 229.14 264.47 146.63 209.22
9/30/2017 235.60 274.78 152.17 215.59
10/31/2017 251.73 285.27 156.93 222.96
11/30/2017 259.56 298.14 162.50 232.86
12/31/2017 258.33 300.29 166.05 236.56
1/31/2018 280.58 322.93 180.10 255.83
2/28/2018 267.05 309.66 168.50 242.72
3/31/2018 266.88 308.99 162.64 234.01
4/30/2018 266.84 305.13 165.66 235.29
5/31/2018 281.86 320.28 167.33 243.37
6/30/2018 280.50 321.90 167.20 245.48
7/31/2018 287.91 330.96 175.54 258.34
8/31/2018 314.67 355.80 178.95 270.01
9/30/2018 313.89 353.86 180.51 272.12
10/31/2018 265.45 308.92 159.91 246.68

The performance data quoted represents past performance, which does not guarantee future results.  The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost.  Current performance and expense ratios may be lower or higher than the data quoted.  The Fund's total returns should not be expected to be the same as the returns of other funds, whether or not both funds have the same portfolio managers and/or similar names.  The Fund's total returns include reinvested distributions but do not include the charges associated with the separate account products that offer this Fund.  Such performance would have been lower if such charges were taken into account.

$ per share as of 11/17/2018

Date 2014 2015 2016 2017 2018
Short Term 2.8462
Long Term 7.4459 5.9180 8.3865 9.4502
Total Amount of Distribution 7.4459 5.9180 8.3865 12.2964
Record Date 6/15/15 6/20/16 6/19/17 6/18/18
Ex Div Date 6/16/15 6/21/16 6/20/17 6/19/18
Pay Date 6/16/15 6/21/16 6/20/17 6/19/18

There is no guarantee of the payment of any dividend or other distributions at any level.

Portfolio

Top Issuers

(35.8% of assets as of 10/31/2018)


Portfolio Holdings Breakdown

Country
Developed Markets
Equity Sector
Industry
Asset Allocation
Market Cap 5
Country Discovery Mid Cap Growth Fund/VA Russell Midcap® Growth Index Overweight / Underweight
United States 96.7% 100.0% -3.2%
Canada 0.4% - -
Developed Markets Discovery Mid Cap Growth Fund/VA Russell Midcap® Growth Index Overweight / Underweight
Americas 97.2% 100.0% -2.8%
Equity Sector Discovery Mid Cap Growth Fund/VA Russell Midcap® Growth Index Overweight / Underweight
Information Technology 26.7% 30.9% -4.2%
Industrials 17.9% 16.1% 1.8%
Consumer Discretionary 16.9% 16.8% 0.0%
Health Care 16.3% 14.6% 1.7%
Financials 6.8% 6.7% 0.0%
Consumer Staples 4.3% 3.2% 1.1%
Materials 2.7% 3.5% -0.9%
Communication Services 2.7% 4.3% -1.6%
Energy 2.3% 1.7% 0.6%
Real Estate 0.8% 2.2% -1.4%
Industry Discovery Mid Cap Growth Fund/VA Russell Midcap® Growth Index Overweight / Underweight
Software 10.8% 10.5% 0.3%
IT Services 9.0% 8.3% 0.7%
Health Care Equipment & Supplies 8.0% 5.4% 2.6%
Specialty Retail 5.6% 5.1% 0.5%
Professional Services 5.4% 2.0% 3.4%
Commercial Services & Supplies 4.9% 1.4% 3.5%
Hotels Restaurants & Leisure 4.4% 3.6% 0.8%
Life Sciences Tools & Services 4.4% 1.6% 2.9%
Food Products 3.8% 1.1% 2.7%
Electronic Equipment Instruments & Components 3.5% 2.5% 1.0%
Capital Markets 3.0% 4.7% -1.7%
Insurance 2.6% 0.4% 2.2%
Health Care Providers & Services 2.6% 2.7% -0.1%
Oil Gas & Consumable Fuels 2.3% 1.7% 0.6%
Textiles Apparel & Luxury Goods 2.1% 2.1% 0.0%
Semiconductors & Semiconductor Equipment 2.0% 5.4% -3.4%
Industrial Conglomerates 1.9% 0.2% 1.7%
Chemicals 1.7% 1.4% 0.3%
Machinery 1.7% 3.9% -2.2%
Aerospace & Defense 1.5% 2.5% -1.0%
Asset Allocation Discovery Mid Cap Growth Fund/VA Russell Midcap® Growth Index Overweight / Underweight
Equity 97.2% 100.0% -2.9%
Market Cap Discovery Mid Cap Growth Fund/VA Russell Midcap® Growth Index Overweight / Underweight
Mid 72.0% 64.5% 7.6%
Large 24.6% 32.7% -8.1%
Small 0.5% 2.8% -2.3%
Analytics
(As of 10/31/2018)

Morningstar 10/31/2018 (based on risk adjusted performance)
Overall Rating
Number of Funds
84
Category
Mid-Cap Growth
Performance Statistics
3Y
5Y
Alpha
-0.41
-0.69
Beta
1.03
1.03
Information Ratio
-0.07
-0.13
R-Squared
90.35
85.96
Sharpe Ratio
0.75
0.72
Standard Deviation
12.71
13.02
Sortino Ratio
1.08
1.07
Win Ratio
58.00
57.00
Loss Ratio
42.00
43.00
Tracking Error
3.97
4.89
Portfolio Characteristics
Fund
Fund Index
Average Market Cap (weighted)
$14.49 B
$15.22 B
Median Market Cap (weighted)
$13.03 B
$13.64 B
P/E Ratio (LTM)
30.22
25.30
P/E Ratio (NTM)
23.43
19.95
Price/Book
5.52
6.13
Return on Equity
15.17%
17.40%
Turnover Ratio
105%
-
Dividends
  • D
Est. Frequency
Annual
Last Pay Date
6/19/2018
Per Share ($)
$0.0000
12-Month Distribution ($)
$0.0000
Distribution Sources
  • D
Net Income
0.00%
Net Profit from Sale
100.00%
Other Capital Sources
0.00%
Documents
  1. 1. Foreign investments may be volatile and involve additional expenses and special risks, including currency fluctuations, foreign taxes, regulatory and geopolitical risks. Emerging and developing market investments may be especially volatile. Investments in securities of growth companies may be volatile. Mid-sized company stock is typically more volatile than that of larger company stock. It may take a substantial period of time to realize a gain on an investment in a mid-sized company, if any gain is realized at all. Diversification does not guarantee profit or protect against loss.
  2. 2. The net expense ratio (where applicable) also takes into account contractual fee waivers and/or expense reimbursements without which performance would have been less.  These undertakings may not be amended or withdrawn for one year from the date of the current prospectus, unless approved by the Board.
  3. 3. The index returns are made up of the returns of (i) the Russell 2500™ Growth Index from November, 1, 2000 through June 30, 2013, and (ii) the Russell Midcap® Growth Index from July 1, 2013 to present.  Index performance includes total returns from when first available. The Russell Midcap® Growth Index measures the performance of the mid-cap growth segment of the U.S. equity universe. It includes those Russell Midcap® Index companies with higher price-to-book ratios and higher forecasted growth values. The Russell 2500™ Growth Index measures the performance of the small to mid-cap growth segment of the U.S. equity universe. It includes those Russell 2500 companies with higher price-to-book ratios and higher forecasted growth values. The indices are unmanaged and cannot be purchased directly by investors. Index performance is shown for illustrative purposes only and does not predict or depict performance of the Fund. Past performance does not guarantee future results.
  4. 4. Holdings are subject to change, and are dollar weighted based on total new assets. Negative weightings may result from the use of leverage. Leverage involves the use of various financial instruments or borrowed capital in an attempt to increase investment return. Leverage risks include potential for higher volatility, greater decline of the Fund’s net asset value and fluctuations of dividends and distributions paid by the Fund.
  5. 5. Holdings are subject to change, are dollar-weighted based on assets, and may not reflect the use of leverage in the Fund. Market Cap breakdown is calculated using Morningstar's methodology and those capitalization standards may not align with those in the Fund's prospectus.
  6. A. Daily net asset value and dollar change of the fund is as of the previous business day's closing. Fund net asset values are updated at approximately 7:00pm ET daily.
  7. B. The performance data quoted represents past performance, which does not guarantee future results.  The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost.  Current performance and expense ratios may be lower or higher than the data quoted.  The Fund's total returns should not be expected to be the same as the returns of other funds, whether or not both funds have the same portfolio managers and/or similar names.  The Fund's total returns include reinvested distributions but do not include the charges associated with the separate account products that offer this Fund.  Such performance would have been lower if such charges were taken into account.
  8. C. "Year to Date" returns are cumulative, not annualized, and do not reflect sales charges (if sales charges are applicable to the Fund).  These returns would be lower if sales charges were taken into consideration.  Short-term returns may not be indicative of longer-term performance, which should also be considered when making investment decisions.
  9. D. There is no guarantee of the payment of any dividend or other distributions at any level.
×
Loading...
Tiny Button Small Button Large Button Default Button Secondary Button Framed Button Framed Button ( Small Caps )