Kaufmann Fund II

Variable Annuity Funds . Mid Cap .

Overview

 
AT A GLANCE
Portfolio
Assets
September 30 2019
$177.2 M
YTD Return NAV
October 14 2019
23.18%
Equity
Gross
Expenses
1.52%
Net
Expenses
1.52%
Documents
STRATEGY

Seeks long-term outperformance primarily through a high-conviction portfolio of mid-cap growth stocks selected through an intensive, bottom-up process.

KEY FACTS
Key Facts - Part 1
Benchmark Russell Midcap® Growth Index
Key Facts - Part 2
Fund Number(s)
953
CUSIP 3 1 3 9 1 6 8 2 7
Performance Incp. Date April 30 2002
MORNINGSTAR CATEGORY & STYLE
Category
Insurance Mid-Cap Growth
Style
Medium Growth
INVESTMENT GOALS Retirement
Growth
MANAGERS
Hans Utsch
Senior Portfolio Manager
Head of Kaufmann Growth Equity Team

joined Federated
57 years of experience
Jonathan Art
Senior Portfolio Manager
Senior Investment Analyst

joined Federated
38 years of experience
Mark Bauknight
Senior Portfolio Manager
Senior Investment Analyst

joined Federated
26 years of experience
Tom Brakel, M.D.
Senior Portfolio Manager
Senior Investment Analyst

joined Federated
22 years of experience
John Ettinger, CFA
Senior Portfolio Manager

joined Federated
25 years of experience
Barbara Miller
Vice President
Portfolio Manager
Senior Investment Analyst

joined Federated
27 years of experience
Steven Abrahamson
Senior Investment Analyst

joined Federated
28 years of experience
Stephen DeNichilo, CFA
Portfolio Manager
Senior Investment Analyst

joined Federated
21 years of experience
Vivian Wohl
Vice President
Portfolio Manager
Senior Investment Analyst

joined Federated
35 years of experience

Characteristics

 
DISCLOSURES

For additional information, including definitions of related terms and indexes, see the Financial Glossary and Benchmark Index Glossary.

Documents

 
DISCLOSURES

1 disclosure If this product is new, it will not have completed its first financial reporting period. Please check back to view future shareholder reports. For the new share of an existing fund, you may wish to view recent shareholder reports of another share of that fund by visiting another share.

The “As of Date” for regulatory documents  is the date when the document is effective with the SEC and made available on Federated’s website.

2 disclosure Each fiscal quarter, the Fund will file with the SEC a complete schedule of its monthly portfolio holdings on “Form N-PORT.” The Fund’s holdings as of the end of the third month of every fiscal quarter, as reported on Form N-PORT, will be publicly available on the SEC’s website at www.sec.gov within 60 days of the end of the fiscal quarter upon filing.

double dagger disclosure PDF file consists of a President's Message or Market Overview (if applicable) and Annual/Semi-Annual Shareholder Report. NOTE: To be sure you have the most recent information, please access both the Annual Report and the Semi-Annual Report.

Distributions and Taxes

 
DISCLOSURES

dagger disclosure The funds expense ratio is from the most recent prospectus, which shows that the fund is not waiving any expenses.

Expenses shown do not reflect any additional fees or expenses that may be imposed by separate accounts of insurance companies or in connection with any variable annuity or variable life insurance contract. If these had been included, an investor's costs would be higher.

Total returns for periods of less than one year are cumulative.

Total return may have been lower in the absence of temporary expense waivers or reimbursements.

International investing involves special risks including currency risk, increased volatility, political risks, and differences in auditing and other financial standards.

Small-company stocks may be less liquid and subject to greater price volatility than large-capitalization stocks.

Investing in IPOs involves special risks such as limited liquidity and increased volatility.

Fund shares are available exclusively as a funding vehicle for life insurance companies writing variable life insurance policies and variable annuity contracts.  If you are an individual investor, contact your financial advisor or insurance company for more information on these products.

The fund is a managed portfolio and its holdings are subject to change.

The holdings percentages are based on net assets at the close of business on the date above, and may not necessarily reflect adjustments that are routinely made when presenting net assets for formal financial statement purposes. Because this is a managed portfolio, the investment mix will change.

Current and future portfolio holdings are subject to risk.

Investors should carefully consider the fund's investment objectives, risks, charges and expenses before investing. To obtain a summary prospectus or prospectus containing this and other information, contact us or view the prospectus provided on this website. Please carefully read the summary prospectus or prospectus before investing.

Product classifications noted at the top are Federated's internal classifications.

Federated Securities Corp., Distributor

Not FDIC Insured
May Lose Value
No Bank Guarantee

3407207918