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 01/16/2019)
$72.02
Total Assets
(as of 12/31/2018)
$616.75 MM
Gross Expense Ratio
(as of 12/31/2018)
0.86%
Net Expense Ratio
(as of 12/31/2018)
0.80%
Performance
Average Annual Total Returns
Cumulative Returns
Calendar Year Returns
Capital Gains Distributions
as of 12/31/2018
  • B
as of 12/31/2018
  • B

Include Sales Charge
Include Sales Charge
Include Sales Charge
Include Sales Charge
  • B
Cumulative
Annualized
ytd as of 2018-12-31
  • C
1 yr 3 yr 5 yr 10 yr since inception
Discovery Mid Cap Growth Fund/VA (NAV)
-6.08% -6.08% 7.37% 6.90% 14.21% 9.02%
Cumulative
Annualized
ytd as of 2018-12-31
  • C
1 yr 3 yr 5 yr 10 yr since inception
Discovery Mid Cap Growth Fund/VA (with sales charge)
-6.08% -6.08% 7.37% 6.90% 14.21% 9.02%
Cumulative
Annualized
ytd as of 2018-12-31
  • C
1 yr 3 yr 5 yr 10 yr since inception
Discovery Mid Cap Growth Fund/VA (NAV)
-6.08% -6.08% 7.37% 6.90% 14.21% 9.02%
Cumulative
Annualized
ytd as of 2018-12-31
  • C
1 yr 3 yr 5 yr 10 yr since inception
Discovery Mid Cap Growth Fund/VA (with sales charge)
-6.08% -6.08% 7.37% 6.90% 14.21% 9.02%
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%
2018 -6.08%

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
12/31/2008 0.00 0.00 0.00 0.00
1/31/2009 -3.41 -6.02 -8.76 -8.43
2/28/2009 -11.00 -14.15 -18.10 -18.18
3/31/2009 -3.49 -5.97 -11.92 -11.01
4/30/2009 3.34 8.02 -2.04 -2.49
5/31/2009 6.28 11.90 6.83 2.96
6/30/2009 7.59 14.52 6.35 3.16
7/31/2009 13.83 23.42 15.36 10.97
8/31/2009 15.90 25.93 20.12 14.97
9/30/2009 23.78 34.18 24.90 19.26
10/31/2009 19.64 26.81 22.68 17.05
11/30/2009 24.51 31.51 27.70 24.07
12/31/2009 32.61 41.66 29.99 26.46
1/31/2010 25.09 35.82 24.62 21.92
2/28/2010 31.92 42.73 26.37 25.69
3/31/2010 40.27 54.13 34.20 33.28
4/30/2010 44.70 59.53 34.22 35.38
5/31/2010 34.46 48.69 21.36 24.57
6/30/2010 26.22 39.08 17.20 18.05
7/31/2010 34.31 48.36 26.70 26.32
8/31/2010 30.03 38.96 21.97 20.62
9/30/2010 45.64 57.36 33.34 31.38
10/31/2010 52.43 63.28 38.32 36.38
11/30/2010 61.04 69.86 35.33 36.40
12/31/2010 69.03 82.54 45.28 45.51
1/31/2011 72.29 84.61 48.56 48.96
2/28/2011 82.97 94.72 53.76 54.07
3/31/2011 90.56 100.49 52.25 54.13
4/30/2011 96.11 107.49 58.71 58.69
5/31/2011 92.37 104.94 55.42 56.90
6/30/2011 93.83 101.25 52.96 54.28
7/31/2011 88.20 93.44 50.19 51.14
8/31/2011 73.24 77.61 39.61 42.93
9/30/2011 58.17 58.28 27.55 32.89
10/31/2011 76.54 82.73 40.74 47.41
11/30/2011 76.03 81.86 37.31 47.08
12/31/2011 70.88 79.67 37.23 48.59
1/31/2012 81.41 93.52 44.12 55.25
2/29/2012 93.06 102.41 51.16 61.96
3/31/2012 99.02 105.91 53.10 67.29
4/30/2012 102.43 104.15 51.36 66.24
5/31/2012 89.00 88.77 38.30 56.25
6/30/2012 94.41 94.84 45.34 62.69
7/31/2012 91.76 92.90 47.21 64.95
8/31/2012 99.46 100.35 50.94 68.66
9/30/2012 103.30 105.01 55.09 73.02
10/31/2012 95.82 101.15 54.04 69.82
11/30/2012 97.57 104.68 56.01 70.81
12/31/2012 98.98 108.65 58.95 72.37
1/31/2013 110.24 122.98 67.04 81.29
2/28/2013 110.71 124.36 67.32 83.76
3/31/2013 116.81 134.10 71.24 90.65
4/30/2013 117.03 134.93 76.63 94.32
5/31/2013 121.60 144.58 76.70 98.87
6/30/2013 120.54 141.65 72.35 96.19
7/31/2013 135.50 156.69 81.42 106.18
8/31/2013 136.96 151.80 77.56 100.21
9/30/2013 151.74 164.23 86.44 106.49
10/31/2013 161.00 171.15 93.73 115.98
11/30/2013 163.29 177.14 97.18 122.56
12/31/2013 170.59 185.98 101.35 128.19
1/31/2014 170.22 179.76 93.89 120.30
2/28/2014 189.58 197.33 103.60 130.38
3/31/2014 172.51 191.82 103.89 132.32
4/30/2014 153.73 187.54 105.98 134.03
5/31/2014 159.04 195.35 110.04 139.53
6/30/2014 172.51 204.58 113.79 144.48
7/31/2014 164.30 195.48 110.38 141.10
8/31/2014 178.54 211.40 115.02 150.75
9/30/2014 172.00 202.36 109.18 147.23
10/31/2014 178.90 210.71 110.53 153.27
11/30/2014 186.49 220.92 114.75 160.08
12/31/2014 186.24 220.01 111.29 159.43
1/31/2015 184.24 214.62 107.46 151.64
2/28/2015 205.45 236.28 119.62 166.10
3/31/2015 209.59 237.23 116.18 161.89
4/30/2015 204.07 234.86 121.25 164.41
5/31/2015 213.26 238.83 122.01 167.81
6/30/2015 214.28 233.38 116.85 162.62
7/31/2015 222.26 238.78 120.74 168.13
8/31/2015 204.59 219.07 106.13 151.95
9/30/2015 193.00 206.74 98.53 145.71
10/31/2015 207.17 226.05 114.26 166.44
11/30/2015 209.51 226.76 113.20 167.23
12/31/2015 205.15 219.37 109.45 163.02
1/31/2016 183.51 195.20 96.92 149.97
2/29/2016 177.87 199.82 95.45 149.63
3/31/2016 194.58 221.22 108.72 166.56
4/30/2016 197.20 221.03 112.02 167.60
5/31/2016 207.09 226.29 113.21 172.40
6/30/2016 210.12 226.24 110.82 173.11
7/31/2016 223.49 242.40 119.73 183.18
8/31/2016 222.84 241.39 119.91 183.58
9/30/2016 221.25 241.22 121.08 183.63
10/31/2016 207.84 227.36 116.80 178.46
11/30/2016 216.44 241.59 119.92 188.77
12/31/2016 212.27 242.78 125.18 194.48
1/31/2017 226.88 254.21 130.62 200.06
2/28/2017 236.94 264.39 137.01 211.98
3/31/2017 238.96 266.41 139.54 212.34
4/30/2017 245.49 271.85 143.08 215.55
5/31/2017 259.94 280.73 148.23 219.99
6/30/2017 257.81 281.86 149.18 221.98
7/31/2017 263.87 288.24 155.15 228.61
8/31/2017 269.41 290.98 155.50 229.61
9/30/2017 276.67 302.03 161.24 236.41
10/31/2017 294.77 313.28 166.18 244.26
11/30/2017 303.56 327.09 171.94 254.82
12/31/2017 302.17 329.39 175.62 258.76
1/31/2018 327.15 353.69 190.17 279.31
2/28/2018 311.96 339.45 178.15 265.33
3/31/2018 311.77 338.73 172.09 256.04
4/30/2018 311.72 334.59 175.22 257.41
5/31/2018 328.58 350.84 176.94 266.01
6/30/2018 327.07 352.58 176.81 268.27
7/31/2018 335.37 362.30 185.46 281.97
8/31/2018 365.41 388.94 188.99 294.42
9/30/2018 364.53 386.86 190.60 296.66
10/31/2018 310.17 338.65 169.26 269.55
11/30/2018 313.59 349.81 172.32 277.08
12/31/2018 277.71 308.99 151.61 243.03

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 01/16/2019

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

(37.3% of assets as of 12/31/2018)


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 95.2% 100.0% -4.8%
Canada 0.4% - -
Developed Markets Discovery Mid Cap Growth Fund/VA Russell Midcap® Growth Index Overweight / Underweight
Americas 95.6% 100.0% -4.4%
Equity Sector Discovery Mid Cap Growth Fund/VA Russell Midcap® Growth Index Overweight / Underweight
Information Technology 26.3% 31.6% -5.3%
Health Care 17.0% 14.7% 2.4%
Consumer Discretionary 16.3% 16.4% -0.1%
Industrials 16.1% 15.9% 0.1%
Financials 7.2% 6.6% 0.6%
Consumer Staples 5.1% 3.4% 1.7%
Materials 2.7% 3.6% -0.9%
Real Estate 1.9% 2.3% -0.4%
Communication Services 1.8% 4.0% -2.2%
Energy 1.2% 1.5% -0.3%
Industry Discovery Mid Cap Growth Fund/VA Russell Midcap® Growth Index Overweight / Underweight
Software 9.7% 11.5% -1.8%
IT Services 9.0% 7.8% 1.2%
Health Care Equipment & Supplies 8.2% 5.6% 2.6%
Professional Services 5.4% 2.0% 3.4%
Specialty Retail 5.2% 5.1% 0.2%
Life Sciences Tools & Services 4.8% 1.6% 3.2%
Hotels Restaurants & Leisure 4.7% 3.6% 1.1%
Commercial Services & Supplies 4.6% 1.4% 3.2%
Capital Markets 3.4% 4.7% -1.4%
Food Products 3.4% 1.1% 2.3%
Health Care Providers & Services 3.3% 2.5% 0.7%
Insurance 3.3% 0.4% 2.9%
Electronic Equipment Instruments & Components 3.2% 2.5% 0.8%
Semiconductors & Semiconductor Equipment 2.7% 5.6% -2.9%
Industrial Conglomerates 2.2% 0.2% 2.0%
Textiles Apparel & Luxury Goods 1.9% 1.9% 0.0%
Machinery 1.9% 4.0% -2.1%
Diversified Consumer Services 1.6% 0.8% 0.7%
Distributors 1.5% 0.3% 1.2%
Containers & Packaging 1.5% 1.2% 0.4%
Asset Allocation Discovery Mid Cap Growth Fund/VA Russell Midcap® Growth Index Overweight / Underweight
Equity 95.6% 100.0% -4.4%
Market Cap Discovery Mid Cap Growth Fund/VA Russell Midcap® Growth Index Overweight / Underweight
Mid 70.8% 66.4% 4.5%
Large 24.8% 31.0% -6.2%
Analytics
(As of 12/31/2018)

Morningstar 12/31/2018 (based on risk adjusted performance)
Overall Rating
Number of Funds
84
Category
Mid-Cap Growth
Performance Statistics
3Y
5Y
Alpha
-1.15
-0.47
Beta
1.02
1.02
Information Ratio
-0.30
-0.11
R-Squared
91.49
87.13
Sharpe Ratio
0.51
0.51
Standard Deviation
13.80
13.66
Sortino Ratio
0.69
0.73
Win Ratio
56.00
58.00
Loss Ratio
44.00
42.00
Tracking Error
4.04
4.92
Portfolio Characteristics
Fund
Fund Index
Average Market Cap (weighted)
$14.00 B
$14.48 B
Median Market Cap (weighted)
$12.23 B
$13.04 B
P/E Ratio (LTM)
28.12
23.58
P/E Ratio (NTM)
22.33
18.49
Price/Book
5.52
5.65
Return on Equity
16.14%
17.41%
EPS Growth Rate 3Y
38.76%
20.39%
EPS Growth Rate 5Y
38.76%
20.39%
Sales Growth Rate 3Y
14.41%
13.83%
Sales Growth Rate 5Y
14.41%
-
Turnover Ratio
105%
-
Dividends
  • D
Est. Frequency
Annual
Last Pay Date
6/19/2018
Per Share ($)
$0.0000
12-Month Distribution ($)
$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 )