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 10/19/2018)
$76.04
Total Assets
(as of 09/30/2018)
$781.37 MM
Gross Expense Ratio
(as of 09/30/2018)
0.86%
Net Expense Ratio
(as of 09/30/2018)
0.80%
Performance
Average Annual Total Returns
Cumulative Returns
Calendar Year Returns
Capital Gains Distributions
as of 09/30/2018
  • 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%
Russell Midcap® Growth Index
13.38% 21.10% 16.65% 13.00% 13.40% 3.69%
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%
Russell Midcap® Growth Index
13.38% 21.10% 16.65% 13.00% 13.40% 3.69%
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%
Russell Midcap® Growth Index
13.38% 21.10% 16.65% 13.00% 13.40% 3.69%
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%
Russell Midcap® Growth Index
13.38% 21.10% 16.65% 13.00% 13.40% 3.69%
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%

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
9/30/2008 0.00 0.00 0.00 0.00
10/31/2008 -24.17 -22.52 -18.96 -16.79
11/30/2008 -34.54 -31.26 -24.21 -22.77
12/31/2008 -32.43 -27.77 -21.77 -21.94
1/31/2009 -34.74 -32.12 -28.63 -28.52
2/28/2009 -39.87 -37.99 -35.93 -36.13
3/31/2009 -34.79 -32.09 -31.10 -30.54
4/30/2009 -30.18 -21.98 -23.37 -23.89
5/31/2009 -28.19 -19.18 -16.43 -19.63
6/30/2009 -27.31 -17.29 -16.81 -19.47
7/31/2009 -23.09 -10.86 -9.76 -13.38
8/31/2009 -21.69 -9.04 -6.04 -10.26
9/30/2009 -16.36 -3.08 -2.29 -6.91
10/31/2009 -19.16 -8.41 -4.03 -8.64
11/30/2009 -15.87 -5.01 -0.11 -3.16
12/31/2009 -10.40 2.31 1.68 -1.29
1/31/2010 -15.48 -1.90 -2.52 -4.84
2/28/2010 -10.87 3.09 -1.14 -1.89
3/31/2010 -5.23 11.33 4.98 4.03
4/30/2010 -2.23 15.22 4.99 5.67
5/31/2010 -9.15 7.40 -5.06 -2.76
6/30/2010 -14.72 0.45 -8.32 -7.85
7/31/2010 -9.25 7.15 -0.89 -1.40
8/31/2010 -12.14 0.36 -4.59 -5.85
9/30/2010 -1.59 13.66 4.31 2.55
10/31/2010 2.99 17.93 8.20 6.45
11/30/2010 8.81 22.68 5.86 6.47
12/31/2010 14.21 31.84 13.65 13.58
1/31/2011 16.41 33.34 16.21 16.28
2/28/2011 23.63 40.64 20.28 20.26
3/31/2011 28.75 44.81 19.10 20.31
4/30/2011 32.51 49.87 24.16 23.87
5/31/2011 29.98 48.02 21.58 22.47
6/30/2011 30.96 45.36 19.66 20.43
7/31/2011 27.16 39.72 17.49 17.98
8/31/2011 17.05 28.28 9.21 11.57
9/30/2011 6.87 14.32 -0.22 3.73
10/31/2011 19.28 31.98 10.10 15.06
11/30/2011 18.94 31.35 7.41 14.81
12/31/2011 15.46 29.77 7.35 15.98
1/31/2012 22.57 39.77 12.74 21.18
2/29/2012 30.45 46.20 18.24 26.42
3/31/2012 34.47 48.72 19.76 30.58
4/30/2012 36.78 47.45 18.40 29.76
5/31/2012 27.70 36.34 8.18 21.96
6/30/2012 31.35 40.73 13.70 26.99
7/31/2012 29.56 39.33 15.16 28.75
8/31/2012 34.76 44.71 18.08 31.65
9/30/2012 37.37 48.07 21.32 35.05
10/31/2012 32.31 45.28 20.50 32.56
11/30/2012 33.49 47.83 22.04 33.33
12/31/2012 34.45 50.70 24.34 34.54
1/31/2013 42.05 61.05 30.67 41.51
2/28/2013 42.37 62.05 30.89 43.43
3/31/2013 46.49 69.09 33.95 48.81
4/30/2013 46.64 69.68 38.17 51.68
5/31/2013 49.73 76.65 38.22 55.23
6/30/2013 49.01 74.54 34.82 53.14
7/31/2013 59.12 85.40 41.92 60.94
8/31/2013 60.10 81.87 38.90 56.27
9/30/2013 70.09 90.84 45.84 61.18
10/31/2013 76.35 95.85 51.55 68.58
11/30/2013 77.89 100.17 54.24 73.72
12/31/2013 82.82 106.55 57.51 78.12
1/31/2014 82.58 102.06 51.67 71.96
2/28/2014 95.66 114.75 59.27 79.83
3/31/2014 84.12 110.77 59.50 81.34
4/30/2014 71.44 107.68 61.13 82.68
5/31/2014 75.02 113.32 64.30 86.97
6/30/2014 84.12 119.99 67.24 90.83
7/31/2014 78.58 113.42 64.57 88.20
8/31/2014 88.20 124.91 68.20 95.73
9/30/2014 83.78 118.39 63.63 92.98
10/31/2014 88.44 124.42 64.69 97.70
11/30/2014 93.57 131.79 67.99 103.01
12/31/2014 93.40 131.14 65.28 102.50
1/31/2015 92.05 127.24 62.29 96.42
2/28/2015 106.38 142.88 71.80 107.71
3/31/2015 109.18 143.57 69.11 104.43
4/30/2015 105.45 141.86 73.07 106.39
5/31/2015 111.65 144.73 73.67 109.04
6/30/2015 112.35 140.79 69.63 104.99
7/31/2015 117.74 144.69 72.68 109.29
8/31/2015 105.80 130.45 61.25 96.66
9/30/2015 97.97 121.55 55.30 91.80
10/31/2015 107.54 135.50 67.61 107.98
11/30/2015 109.13 136.01 66.78 108.59
12/31/2015 106.18 130.68 63.84 105.30
1/31/2016 91.55 113.21 54.04 95.12
2/29/2016 87.74 116.55 52.90 94.85
3/31/2016 99.04 132.01 63.27 108.07
4/30/2016 100.81 131.87 65.85 108.88
5/31/2016 107.49 135.67 66.79 112.63
6/30/2016 109.54 135.64 64.92 113.18
7/31/2016 118.57 147.31 71.88 121.04
8/31/2016 118.13 146.58 72.03 121.35
9/30/2016 117.06 146.46 72.94 121.39
10/31/2016 108.00 136.44 69.59 117.35
11/30/2016 113.80 146.72 72.03 125.40
12/31/2016 110.99 147.58 76.15 129.86
1/31/2017 120.86 155.83 80.40 134.22
2/28/2017 127.66 163.19 85.41 143.52
3/31/2017 129.02 164.65 87.38 143.80
4/30/2017 133.44 168.58 90.16 146.31
5/31/2017 143.20 174.99 94.18 149.77
6/30/2017 141.76 175.80 94.93 151.33
7/31/2017 145.85 180.41 99.59 156.50
8/31/2017 149.60 182.39 99.87 157.28
9/30/2017 154.50 190.38 104.36 162.59
10/31/2017 166.73 198.50 108.22 168.72
11/30/2017 172.67 208.48 112.73 176.96
12/31/2017 171.73 210.14 115.61 180.04
1/31/2018 188.61 227.69 126.99 196.07
2/28/2018 178.35 217.40 117.59 185.16
3/31/2018 178.22 216.88 112.85 177.91
4/30/2018 178.19 213.89 115.29 178.98
5/31/2018 189.58 225.63 116.64 185.70
6/30/2018 188.55 226.89 116.54 187.46
7/31/2018 194.17 233.90 123.30 198.15
8/31/2018 214.46 253.15 126.06 207.87
9/30/2018 213.87 251.65 127.32 209.62

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 10/21/2018

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

(34.2% of assets as of 09/30/2018)


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 97.3% 100.0% -2.6%
Canada 0.4% - -
Developed Markets Discovery Mid Cap Growth Fund/VA Russell Midcap® Growth Index Overweight / Underweight
Americas 97.8% 100.0% -2.2%
Equity Sector Discovery Mid Cap Growth Fund/VA Russell Midcap® Growth Index Overweight / Underweight
Information Technology 28.0% 31.2% -3.3%
Industrials 17.4% 16.5% 1.0%
Consumer Discretionary 17.0% 16.4% 0.7%
Health Care 16.5% 15.3% 1.2%
Financials 6.4% 6.7% -0.2%
Materials 3.5% 3.6% 0.0%
Consumer Staples 2.8% 2.9% -0.1%
Energy 2.4% 1.7% 0.7%
Communication Services 2.4% 3.8% -1.4%
Real Estate 1.3% 2.0% -0.8%
Industry Discovery Mid Cap Growth Fund/VA Russell Midcap® Growth Index Overweight / Underweight
Software 12.0% 10.5% 1.5%
IT Services 9.1% 8.4% 0.7%
Health Care Equipment & Supplies 8.4% 5.9% 2.4%
Professional Services 5.0% 2.0% 3.0%
Hotels Restaurants & Leisure 4.9% 3.6% 1.3%
Commercial Services & Supplies 4.8% 1.3% 3.5%
Specialty Retail 4.0% 4.7% -0.7%
Electronic Equipment Instruments & Components 3.9% 2.5% 1.4%
Life Sciences Tools & Services 3.7% 1.6% 2.2%
Capital Markets 3.3% 4.6% -1.3%
Health Care Providers & Services 2.8% 2.7% 0.1%
Food Products 2.8% 1.0% 1.9%
Textiles Apparel & Luxury Goods 2.6% 2.1% 0.4%
Oil Gas & Consumable Fuels 2.4% 1.7% 0.8%
Chemicals 2.1% 1.4% 0.7%
Banks 1.7% 0.8% 0.8%
Machinery 1.7% 4.0% -2.3%
Distributors 1.6% 0.3% 1.4%
Industrial Conglomerates 1.6% 0.2% 1.5%
Biotechnology 1.5% 3.5% -2.0%
Asset Allocation Discovery Mid Cap Growth Fund/VA Russell Midcap® Growth Index Overweight / Underweight
Equity 97.8% 100.0% -2.2%
Market Cap Discovery Mid Cap Growth Fund/VA Russell Midcap® Growth Index Overweight / Underweight
Mid 64.1% 57.8% 6.3%
Large 33.1% 41.3% -8.2%
Small 0.5% 0.9% -0.4%
Analytics
(As of 09/30/2018)

Morningstar 09/30/2018 (based on risk adjusted performance)
Overall Rating
Number of Funds
84
Category
Mid-Cap Growth
Performance Statistics
3Y
5Y
Alpha
0.77
0.13
Beta
0.95
1.00
Information Ratio
-0.01
0.01
R-Squared
86.25
82.94
Sharpe Ratio
1.44
1.06
Standard Deviation
10.49
11.76
Sortino Ratio
2.74
1.81
Win Ratio
58.00
58.00
Loss Ratio
42.00
42.00
Tracking Error
3.92
4.85
Portfolio Characteristics
Fund
Fund Index
Average Market Cap (weighted)
$15.99 B
$16.82 B
Median Market Cap (weighted)
$14.30 B
$15.35 B
P/E Ratio (LTM)
36.90
29.55
P/E Ratio (NTM)
27.38
22.10
Price/Book
6.47
6.99
Return on Equity
14.21%
17.16%
EPS Growth Rate 3Y
32.11%
19.74%
EPS Growth Rate 5Y
32.11%
19.74%
Sales Growth Rate 3Y
16.94%
13.37%
Sales Growth Rate 5Y
16.94%
-
Turnover Ratio
105%
-
Dividends
  • D
Est. Frequency
Annual
Last Pay Date
6/19/2018
Per Share ($)
$0.0000
12-Month Distribution ($)
$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 )