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 02/15/2019)
$79.07
Total Assets
(as of 01/31/2019)
$674.19 MM
Gross Expense Ratio
(as of 01/31/2019)
0.86%
Net Expense Ratio
(as of 01/31/2019)
0.80%
Performance
Average Annual Total Returns
Cumulative Returns
Calendar Year Returns
Capital Gains Distributions
as of 01/31/2019
  • 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%
Russell Midcap® Growth Index
-4.75% -4.75% 8.59% 7.42% 15.13% 3.10%
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%
Russell Midcap® Growth Index
-4.75% -4.75% 8.59% 7.42% 15.13% 3.10%
Cumulative
Annualized
ytd as of 2019-01-31
  • C
1 yr 3 yr 5 yr 10 yr since inception
Discovery Mid Cap Growth Fund/VA (NAV)
9.43% -3.24% 13.39% 8.87% 15.65% 9.29%
Russell Midcap® Growth Index
11.49% 0.51% 15.60% 10.26% 17.11% 3.44%
Cumulative
Annualized
ytd as of 2019-01-31
  • C
1 yr 3 yr 5 yr 10 yr since inception
Discovery Mid Cap Growth Fund/VA (with sales charge)
9.43% -3.24% 13.39% 8.87% 15.65% 9.29%
Russell Midcap® Growth Index
11.49% 0.51% 15.60% 10.26% 17.11% 3.44%
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 Russell Midcap® Growth Index
1987 14.34% -
1988 13.41% -
1989 27.57% -
1990 -16.82% -
1991 54.72% -
1992 15.42% -8.01%
1993 27.32% 14.89%
1994 -7.59% -5.19%
1995 32.52% 12.71%
1996 20.22% 2.82%
1997 11.67% 2.27%
1998 12.36% -7.70%
1999 83.60% 2.48%
2000 -11.24% -12.30%
2001 -31.27% -11.29%
2002 -27.79% 0.07%
2003 25.59% -0.87%
2004 19.78% -0.18%
2005 12.33% 5.50%
2006 2.96% 12.26%
2007 6.33% 9.69%
2008 -49.07% -41.50%
2009 32.61% 41.66%
2010 27.46% 28.86%
2011 1.09% -1.57%
2012 16.45% 16.13%
2013 35.98% 37.06%
2014 5.78% 11.90%
2015 6.61% -0.20%
2016 2.34% 7.33%
2017 28.79% 25.27%
2018 -6.08% -4.75%

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
1/31/2009 0.00 0.00 0.00 0.00
2/28/2009 -7.86 -8.66 -10.24 -10.65
3/31/2009 -0.08 0.05 -3.47 -2.82
4/30/2009 6.99 14.93 7.36 6.48
5/31/2009 10.04 19.06 17.09 12.44
6/30/2009 11.39 21.85 16.56 12.66
7/31/2009 17.86 31.32 26.43 21.18
8/31/2009 20.00 33.99 31.65 25.56
9/30/2009 28.16 42.77 36.90 30.24
10/31/2009 23.87 34.93 34.46 27.82
11/30/2009 28.91 39.93 39.96 35.49
12/31/2009 37.29 50.72 42.47 38.10
1/31/2010 29.51 44.51 36.58 33.14
2/28/2010 36.58 51.87 38.51 37.26
3/31/2010 45.23 64.00 47.08 45.54
4/30/2010 49.81 69.74 47.10 47.84
5/31/2010 39.21 58.21 33.01 36.04
6/30/2010 30.68 47.98 28.45 28.92
7/31/2010 39.06 57.85 38.87 37.95
8/31/2010 34.62 47.85 33.68 31.72
9/30/2010 50.79 67.43 46.15 43.48
10/31/2010 57.82 73.73 51.60 48.93
11/30/2010 66.73 80.73 48.32 48.95
12/31/2010 75.00 94.22 59.23 58.91
1/31/2011 78.38 96.42 62.83 62.67
2/28/2011 89.44 107.19 68.53 68.25
3/31/2011 97.29 113.32 66.86 68.31
4/30/2011 103.05 120.78 73.95 73.30
5/31/2011 99.17 118.06 70.34 71.34
6/30/2011 100.68 114.13 67.65 68.48
7/31/2011 94.85 105.82 64.61 65.06
8/31/2011 79.36 88.98 53.01 56.09
9/30/2011 63.76 68.42 39.80 45.12
10/31/2011 82.78 94.43 54.26 60.98
11/30/2011 82.26 93.50 50.49 60.62
12/31/2011 76.92 91.17 50.41 62.26
1/31/2012 87.82 105.90 57.95 69.54
2/29/2012 99.89 115.37 65.67 76.87
3/31/2012 106.05 119.09 67.80 82.69
4/30/2012 109.59 117.21 65.89 81.54
5/31/2012 95.68 100.85 51.57 70.63
6/30/2012 101.28 107.31 59.30 77.66
7/31/2012 98.53 105.25 61.35 80.13
8/31/2012 106.50 113.18 65.44 84.18
9/30/2012 110.49 118.13 69.98 88.94
10/31/2012 102.74 114.03 68.83 85.46
11/30/2012 104.55 117.78 70.99 86.53
12/31/2012 106.02 122.01 74.21 88.23
1/31/2013 117.67 137.25 83.08 97.98
2/28/2013 118.16 138.72 83.39 100.67
3/31/2013 124.47 149.09 87.68 108.19
4/30/2013 124.70 149.97 93.59 112.21
5/31/2013 129.44 160.23 93.67 117.17
6/30/2013 128.34 157.12 88.89 114.25
7/31/2013 143.83 173.12 98.84 125.16
8/31/2013 145.33 167.92 94.61 118.63
9/30/2013 160.63 181.14 104.34 125.49
10/31/2013 170.22 188.51 112.34 135.86
11/30/2013 172.59 194.88 116.11 143.04
12/31/2013 180.15 204.28 120.68 149.20
1/31/2014 179.77 197.67 112.51 140.58
2/28/2014 199.81 216.36 123.15 151.59
3/31/2014 182.14 210.50 123.47 153.70
4/30/2014 162.70 205.94 125.76 155.58
5/31/2014 168.19 214.25 130.20 161.58
6/30/2014 182.14 224.08 134.32 166.98
7/31/2014 173.64 214.39 130.58 163.30
8/31/2014 188.38 231.33 135.66 173.83
9/30/2014 181.61 221.72 129.27 169.99
10/31/2014 188.76 230.60 130.75 176.58
11/30/2014 196.62 241.47 135.37 184.02
12/31/2014 196.35 240.50 131.58 183.31
1/31/2015 194.28 234.76 127.38 174.80
2/28/2015 216.24 257.80 140.70 190.60
3/31/2015 220.53 258.81 136.94 186.00
4/30/2015 214.81 256.29 142.49 188.74
5/31/2015 224.33 260.52 143.33 192.46
6/30/2015 225.38 254.72 137.67 186.80
7/31/2015 233.65 260.47 141.94 192.80
8/31/2015 215.35 239.49 125.93 175.14
9/30/2015 203.35 226.38 117.59 168.33
10/31/2015 218.03 246.92 134.84 190.97
11/30/2015 220.45 247.68 133.67 191.83
12/31/2015 215.93 239.82 129.56 187.23
1/31/2016 193.52 214.09 115.83 172.97
2/29/2016 187.69 219.02 114.22 172.61
3/31/2016 204.99 241.79 128.76 191.10
4/30/2016 207.71 241.58 132.38 192.23
5/31/2016 217.94 247.18 133.68 197.48
6/30/2016 221.08 247.13 131.06 198.25
7/31/2016 234.92 264.32 140.83 209.24
8/31/2016 234.25 263.25 141.03 209.68
9/30/2016 232.60 263.07 142.31 209.74
10/31/2016 218.72 248.32 137.62 204.09
11/30/2016 227.62 263.46 141.03 215.35
12/31/2016 223.30 264.72 146.80 221.58
1/31/2017 238.43 276.88 152.76 227.68
2/28/2017 248.85 287.72 159.77 240.69
3/31/2017 250.94 289.87 162.54 241.09
4/30/2017 257.70 295.65 166.42 244.59
5/31/2017 272.66 305.10 172.06 249.44
6/30/2017 270.45 306.30 173.11 251.62
7/31/2017 276.73 313.09 179.64 258.85
8/31/2017 282.47 316.00 180.04 259.95
9/30/2017 289.98 327.76 186.32 267.38
10/31/2017 308.72 339.73 191.73 275.95
11/30/2017 317.82 354.43 198.06 287.48
12/31/2017 316.39 356.88 202.09 291.79
1/31/2018 342.25 382.73 218.04 314.22
2/28/2018 326.52 367.58 204.86 298.95
3/31/2018 326.32 366.81 198.22 288.81
4/30/2018 326.27 362.41 201.64 290.30
5/31/2018 343.73 379.70 203.53 299.70
6/30/2018 342.16 381.55 203.39 302.16
7/31/2018 350.76 391.89 212.86 317.13
8/31/2018 381.86 420.24 216.73 330.72
9/30/2018 380.95 418.03 218.50 333.17
10/31/2018 324.67 366.73 195.11 303.57
11/30/2018 328.20 378.60 198.46 311.79
12/31/2018 291.06 335.17 175.77 274.61
1/31/2019 327.92 385.18 197.23 304.63

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 02/17/2019

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

(38.6% of assets as of 01/31/2019)


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 98.1% 100.0% -1.8%
Canada 0.6% - -
Developed Markets Discovery Mid Cap Growth Fund/VA Russell Midcap® Growth Index Overweight / Underweight
Americas 98.7% 100.0% -1.3%
Equity Sector Discovery Mid Cap Growth Fund/VA Russell Midcap® Growth Index Overweight / Underweight
Information Technology 27.7% 32.1% -4.4%
Health Care 17.9% 15.0% 2.9%
Industrials 16.9% 15.7% 1.1%
Consumer Discretionary 16.8% 16.2% 0.6%
Financials 6.6% 6.5% 0.0%
Consumer Staples 4.9% 3.0% 1.8%
Materials 2.7% 3.6% -0.9%
Communication Services 2.1% 4.0% -1.9%
Real Estate 2.0% 2.3% -0.3%
Energy 1.2% 1.6% -0.3%
Industry Discovery Mid Cap Growth Fund/VA Russell Midcap® Growth Index Overweight / Underweight
Software 10.5% 12.2% -1.7%
IT Services 8.6% 7.9% 0.7%
Health Care Equipment & Supplies 8.0% 5.5% 2.4%
Specialty Retail 6.0% 4.8% 1.2%
Life Sciences Tools & Services 5.1% 1.7% 3.4%
Professional Services 4.9% 2.0% 2.9%
Commercial Services & Supplies 4.6% 1.4% 3.3%
Hotels Restaurants & Leisure 3.9% 3.6% 0.3%
Semiconductors & Semiconductor Equipment 3.8% 6.0% -2.3%
Health Care Providers & Services 3.5% 2.6% 0.9%
Insurance 3.4% 0.4% 3.0%
Electronic Equipment Instruments & Components 3.0% 2.4% 0.6%
Food Products 3.0% 1.0% 2.0%
Capital Markets 2.7% 4.5% -1.8%
Textiles Apparel & Luxury Goods 2.3% 2.0% 0.3%
Industrial Conglomerates 2.2% 0.2% 2.1%
Machinery 2.0% 3.9% -1.9%
Diversified Consumer Services 1.6% 0.7% 0.8%
Containers & Packaging 1.5% 1.2% 0.3%
Aerospace & Defense 1.5% 2.4% -0.9%
Asset Allocation Discovery Mid Cap Growth Fund/VA Russell Midcap® Growth Index Overweight / Underweight
Equity 98.7% 100.0% -1.3%
Market Cap Discovery Mid Cap Growth Fund/VA Russell Midcap® Growth Index Overweight / Underweight
Mid 59.6% 52.6% 6.9%
Large 39.1% 46.4% -7.3%
Analytics
(As of 01/31/2019)

Morningstar 01/31/2019 (based on risk adjusted performance)
Overall Rating
Number of Funds
84
Category
Mid-Cap Growth
Performance Statistics
3Y
5Y
Alpha
-1.68
-1.15
Beta
0.99
1.00
Information Ratio
-0.53
-0.28
R-Squared
91.00
88.08
Sharpe Ratio
0.89
0.62
Standard Deviation
13.91
14.21
Sortino Ratio
1.34
0.92
Win Ratio
53.00
57.00
Loss Ratio
47.00
43.00
Tracking Error
4.19
4.91
Portfolio Characteristics
Fund
Fund Index
Average Market Cap (weighted)
$15.74 B
$16.19 B
Median Market Cap (weighted)
$13.83 B
$14.34 B
P/E Ratio (LTM)
31.56
25.66
P/E Ratio (NTM)
24.73
20.50
Price/Book
6.28
6.25
Return on Equity
16.38%
19.39%
Turnover Ratio
105%
-
Active Share
74.87%
-
Dividends
  • D
Est. Frequency
Annual
Last Pay Date
6/19/2018
Per Share ($)
$0.0000
12-Month Distribution ($)
$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 )