04/24/2024 | Press release | Distributed by Public on 04/24/2024 10:30
Page
|
|
Special Terms
|
3
|
Updated Information You Should Consider About the Contract
|
3
|
Important Information You Should Consider About the Contract
|
6
|
APPENDIX A: Investment Portfolios Available Under the Contract
|
A-1
|
APPENDIX B: Investment Portfolios Available Under the Benefits Offered Under the Contract
|
B-1
|
Death Claims
|
P.O. Box 4330
Clinton, IA 52733-4330
Fax: (877) 245-8163
|
Annuity Payments/Income
|
|
• Requests to receive regular income payments
(referred to as Annuity Payments)
|
P.O. Box 4365
Clinton, IA 52733-4365
Telephone: (800) 882-1292
Fax: (877) 246-8424
|
• Death Claims for Contracts receiving Annuity
Payments
|
P.O. Box 4364
Clinton, IA 52733-4364
Telephone: (800) 882-1292
Fax: (877) 245-8163
|
• General requests and elections for Contracts
receiving Annuity Payments
|
P.O. Box 4363
Clinton, IA 52733-4363
Telephone: (800) 882-1292
Fax: (877) 246-8424
|
All other requests and elections, including subsequent
Purchase Payments, and general inquiries
|
P.O. Box 4301
Clinton, IA 52733-4301
Telephone: (888) 243-1932
Fax: (877) 246-8424
|
Fees and Expenses
|
Location in
Prospectus
|
|
Charges for Early
Withdrawals
|
If you withdraw money during the first 7 full Contract Years following a
premium payment, you may be assessed a withdrawal charge of up to 5% of
the premium withdrawn, declining to 0% over that time period.
For example, if you make an early withdrawal, you could pay a withdrawal
charge of up to $5,000 on a $100,000 investment.
|
Fee Table and
Examples
Expenses -
Withdrawal
Charge
|
Transaction
Charges
|
In addition to withdrawal charges, you also may be charged for the following
transactions: sales charge and transfers of cash value between investment
options, which include the Investment Portfolios and the Fixed Account.
Transfer Fee. Currently, we allow unlimited transfers among the investment
options without charge. However, we reserve the right to charge for transfers
after the first 12 transfers per year.
|
Fee Table and
Examples
Expenses -
Sales Charge;
Transfer Fee
|
Ongoing Fees and
Expenses (annual
charges)
|
The table below describes the fees and expenses that you may pay each year,
depending on the options you choose. Please refer to your Contract
specifications page for information about the specific fees you will pay each
year based on the options you have elected.
|
Fee Table and
Examples
Expenses -
Product
Charges
Appendix A:
Investment
Portfolios
Available
Under the
Contract
(located in this
Disclosure
Notice)
|
Annual Fee
|
Minimum
|
Maximum
|
Base Contract1
|
0.92%
|
0.92%
|
Investment options
(Portfolio Company fees and
expenses)2
|
0.58%
|
1.65%
|
Optional benefits available for
an additional charge (for a
single optional benefit, if
elected)
|
0.20%3
|
1.20%4
|
1 As a percentage of average Account Value in the Separate Account. The charge shown also
includes the Account Fee.
2 As a percentage of fund assets before temporary expense reimbursements and/or fee waivers.
3 As a percentage of average Account Value in the Separate Account. This charge is the current
charge for the least expensive optional benefit.
4 As a percentage of the optional benefit base, which is a value used to calculate your benefit.
This charge is the current charge for the most expensive optional benefit.
|
||
Because your Contract is customizable, the choices you make affect how
much you will pay. To help you understand the cost of owning your
Contract, the following table shows the lowest and highest cost you could
pay each year, based on current charges. This estimate assumes that you do
not take withdrawals from the Contract, which could add withdrawal
charges that substantially increase costs.
|
||
Lowest Annual Cost
$1,812
|
Highest Annual Cost
$3,541
|
|
Assumes:
|
Assumes:
|
|
•Investment of $100,000
•5% annual appreciation
•Least expensive Portfolio Company fees
and expenses
•No optional benefits
•No additional Purchase Payments,
transfers, or withdrawals
|
•Investment of $100,000
•5% annual appreciation
•Most expensive combination
of optional benefits and
Portfolio Company fees and
expenses
•No additional Purchase
Payments, transfers, or
withdrawals
|
Risks
|
Location in
Prospectus
|
|
Risk of Loss
|
You can lose money by investing in this Contract including loss of principal.
|
The Annuity
Contract
Investment
Options
|
Not a Short-Term
Investment
|
This Contract is not a short-term investment and is not appropriate for an
investor who needs ready access to cash.
Withdrawal charges may apply for the first 7 years of the Contract.
Withdrawal charges will reduce the value of your Contract if you withdraw
money during that time.
The benefits of tax deferral and living benefit protection also mean the
Contract is more beneficial to investors with a long time horizon.
|
The Annuity
Contract
Investment
Options
|
Risks Associated
with Investment
Options
|
•An investment in this Contract is subject to the risk of poor investment
performance and can vary depending on the performance of the investment
options available under the Contract (e.g., Portfolio Companies).
•Each investment option, including the Fixed Account, has its own unique
risks.
•You should review the prospectuses for the available funds and the
prospectus disclosure concerning the Fixed Account before making an
investment decision.
|
Investment
Options
|
Insurance
Company Risks
|
An investment in the Contract is subject to the risks related to us. Any
obligations (including under the Fixed Account), and guarantees and benefits
of the Contract that exceed the assets of the Separate Account are subject to
our claims-paying ability. If we experience financial distress, we may not be
able to meet our obligations to you. More information about BLIC, including
our financial strength ratings, is available by contacting us at (888) 243-
1968.
|
The Annuity
Contract
|
Restrictions
|
||
Investments
|
•Currently, we allow unlimited transfers without charge among investment
options during the Accumulation Phase. However, we reserve the right to
impose a charge for transfers in excess of 12 per year.
•We reserve the right to limit transfers in circumstances of frequent or large
transfers.
•We reserve the right to remove or substitute the Portfolio Companies
available as investment options under the Contract.
|
Investment
Options
|
Optional Benefits
|
•Certain optional benefits limit or restrict the investment options that you
may select under the Contract. We may change these restrictions in the
future.
•Certain optional benefits could limit subsequent Purchase Payments.
•Withdrawals may reduce the value of an optional benefit by an amount
greater than the value withdrawn, which could significantly reduce the
value or even terminate the benefit.
•We may stop offering an optional benefit at any time for new sales.
|
Purchase -
Investment
Allocation
Restrictions for
Certain Riders
Living Benefits
Appendix B:
Investment
Portfolios
Available
Under the
Benefits
Offered Under
the Contract
(located in this
Disclosure
Notice)
|
Taxes
|
||
Tax Implications
|
•Consult with a tax professional to determine the tax implications of an
investment in and payments received under this Contract.
•If you purchase the Contract through a tax-qualified plan or individual
retirement account, you do not get any additional tax benefit.
•You will generally not be taxed on increases in the value of the Contract
until they are withdrawn. Withdrawals will be subject to ordinary income
tax, and may be subject to tax penalties if you take a withdrawal before
age 59 1∕2.
|
Federal
Income Tax
Status
|
Conflicts of Interest
|
||
Investment
Professional
Compensation
|
Your investment professional may receive compensation for selling this
Contract to you, in the form of commissions, additional cash benefits (e.g.,
bonuses), and non-cash compensation. This conflict of interest may influence
your investment professional to recommend this Contract over another
investment for which the investment professional is not compensated or
compensated less.
|
Other
Information -
Distributor
|
Exchanges
|
If you already own an insurance contract, some investment professionals may
have a financial incentive to offer you a new contract in place of the one you
own. You should only exchange a contract you already own if you
determine, after comparing the features, fees, and risks of both contracts,
that it is better for you to purchase the new contract rather than continue to
own your existing Contract.
|
Replacement
of Contracts
|
Investment Objectives
|
Portfolio Company and
Adviser/Sub-Adviser
|
Current
Expenses
|
Average Annual
Total Returns
(as of 12/31/2023)
|
||
1
Year
|
5
Year
|
10
Year
|
|||
Seeks long-term growth of capital.
|
American Funds Global Growth
Fund - Class 2#
Capital Research and Management
CompanySM
|
0.66%
|
22.60%
|
13.65%
|
9.58%
|
Seeks long-term growth of capital.
|
American Funds Global Small
Capitalization Fund - Class 2#
Capital Research and Management
CompanySM
|
0.91%
|
16.17%
|
8.31%
|
5.78%
|
Seeks growth of capital.
|
American Funds Growth
Fund - Class 2
Capital Research and Management
CompanySM
|
0.59%
|
38.49%
|
18.68%
|
14.36%
|
Seeks high total investment return.
|
BlackRock Global Allocation V.I.
Fund - Class III#
BlackRock Advisors, LLC
Subadviser: BlackRock (Singapore)
Limited
|
1.02%
|
12.49%
|
7.39%
|
4.63%
|
Seeks capital appreciation and
current income.
|
AB Global Dynamic Allocation
Portfolio - Class B#*
Brighthouse Investment Advisers,
LLC
Subadviser: AllianceBernstein L.P.
|
0.90%
|
11.64%
|
3.99%
|
3.70%
|
Seeks long-term capital appreciation.
|
Allspring Mid Cap Value
Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Allspring Global
Investments, LLC
|
0.98%
|
9.02%
|
13.21%
|
7.60%
|
Seeks a balance between a high level
of current income and growth of
capital, with a greater emphasis on
growth of capital.
|
American Funds® Balanced
Allocation Portfolio - Class C‡
Brighthouse Investment Advisers,
LLC
|
0.96%
|
16.49%
|
8.48%
|
6.67%
|
Seeks growth of capital.
|
American Funds® Growth
Allocation Portfolio - Class C‡
Brighthouse Investment Advisers,
LLC
|
0.99%
|
20.27%
|
10.43%
|
8.01%
|
Investment Objectives
|
Portfolio Company and
Adviser/Sub-Adviser
|
Current
Expenses
|
Average Annual
Total Returns
(as of 12/31/2023)
|
||
1
Year
|
5
Year
|
10
Year
|
|||
Seeks a high total return in the form
of income and growth of capital,
with a greater emphasis on income.
|
American Funds® Moderate
Allocation Portfolio - Class C‡
Brighthouse Investment Advisers,
LLC
|
0.94%
|
12.91%
|
6.76%
|
5.49%
|
Seeks capital appreciation and
current income.
|
BlackRock Global Tactical Strategies
Portfolio - Class B#*
Brighthouse Investment Advisers,
LLC
Subadviser: BlackRock Financial
Management, Inc.
|
0.93%
|
13.32%
|
4.89%
|
3.97%
|
Seeks to maximize total return,
consistent with income generation
and prudent investment
management.
|
BlackRock High Yield
Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: BlackRock Financial
Management, Inc.
|
0.90%
|
13.07%
|
5.66%
|
4.53%
|
Seeks growth of capital.
|
Brighthouse Asset Allocation 100
Portfolio - Class B‡
Brighthouse Investment Advisers,
LLC
|
0.99%
|
20.81%
|
11.55%
|
7.92%
|
Seeks a balance between a high level
of current income and growth of
capital, with a greater emphasis on
growth of capital.
|
Brighthouse Balanced Plus
Portfolio - Class B*
Brighthouse Investment Advisers,
LLC
Subadviser: Overlay Portion: Pacific
Investment Management Company
LLC
|
0.97%
|
9.24%
|
5.01%
|
4.78%
|
Seeks long-term capital appreciation.
|
Brighthouse Small Cap Value
Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Delaware Investments
Fund Advisers, a series of Macquarie
Investment Management Business
Trust, and Allspring Global
Investments, LLC
|
1.12%
|
13.95%
|
10.81%
|
7.17%
|
Seeks capital appreciation.
|
Brighthouse/abrdn Emerging
Markets Equity
Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: abrdn Investments
Limited
|
1.21%
|
6.47%
|
2.88%
|
1.30%
|
Seeks maximum long-term capital
growth.
|
Brighthouse/Artisan International
Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Artisan Partners Limited
Partnership
|
1.05%
|
14.22%
|
6.93%
|
-
|
Investment Objectives
|
Portfolio Company and
Adviser/Sub-Adviser
|
Current
Expenses
|
Average Annual
Total Returns
(as of 12/31/2023)
|
||
1
Year
|
5
Year
|
10
Year
|
|||
Seeks a high level of current income.
|
Brighthouse/Eaton Vance Floating
Rate Portfolio - Class B
Brighthouse Investment Advisers,
LLC
Subadviser: Eaton Vance
Management
|
0.95%
|
10.79%
|
4.27%
|
3.41%
|
Seeks a high level of current income,
while seeking preservation of
shareholders' capital.
|
Brighthouse/Franklin Low Duration
Total Return Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Franklin Advisers, Inc.
|
0.73%
|
5.59%
|
1.51%
|
1.29%
|
Seeks long-term capital appreciation.
|
Brighthouse/Wellington Large Cap
Research Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Wellington Management
Company LLP
|
0.79%
|
25.42%
|
15.10%
|
11.43%
|
Seeks total return through
investment in real estate securities,
emphasizing both capital
appreciation and current income.
|
CBRE Global Real Estate
Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: CBRE Investment
Management Listed Real Assets
LLC
|
0.90%
|
12.73%
|
6.15%
|
4.38%
|
Seeks long-term capital appreciation.
|
Harris Oakmark International
Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Harris Associates L.P.
|
0.98%
|
18.95%
|
7.24%
|
3.19%
|
Seeks total return.
|
Invesco Balanced-Risk Allocation
Portfolio - Class B#*
Brighthouse Investment Advisers,
LLC
Subadviser: Invesco Advisers, Inc.
|
0.94%
|
6.44%
|
5.36%
|
4.21%
|
Seeks capital growth and income.
|
Invesco Comstock
Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Invesco Advisers, Inc.
|
0.81%
|
12.21%
|
13.33%
|
8.86%
|
Seeks capital appreciation.
|
Invesco Global Equity
Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Invesco Advisers, Inc.
|
0.83%
|
34.58%
|
12.20%
|
8.41%
|
Seeks long-term growth of capital.
|
Invesco Small Cap Growth
Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Invesco Advisers, Inc.
|
1.06%
|
11.90%
|
8.64%
|
7.39%
|
Investment Objectives
|
Portfolio Company and
Adviser/Sub-Adviser
|
Current
Expenses
|
Average Annual
Total Returns
(as of 12/31/2023)
|
||
1
Year
|
5
Year
|
10
Year
|
|||
Seeks to maximize total return.
|
JPMorgan Core Bond
Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: J.P. Morgan Investment
Management Inc.
|
0.70%
|
5.71%
|
1.17%
|
1.69%
|
Seeks capital appreciation and
current income.
|
JPMorgan Global Active Allocation
Portfolio - Class B#*
Brighthouse Investment Advisers,
LLC
Subadviser: J.P. Morgan Investment
Management Inc.
|
0.98%
|
10.51%
|
5.56%
|
4.66%
|
Seeks long-term capital growth.
|
JPMorgan Small Cap Value
Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: J.P. Morgan Investment
Management Inc.
|
1.02%
|
12.94%
|
10.39%
|
6.28%
|
Seeks high total investment return
through a combination of capital
appreciation and income.
|
Loomis Sayles Global Allocation
Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Loomis, Sayles &
Company, L.P.
|
1.04%
|
22.20%
|
9.41%
|
7.19%
|
Seeks long-term growth of capital.
|
Loomis Sayles Growth
Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Loomis, Sayles &
Company, L.P.
|
0.80%
|
51.73%
|
16.12%
|
10.53%
|
Seeks a balance between growth of
capital and current income, with a
greater emphasis on growth of
capital.
|
MetLife Multi-Index Targeted Risk
Portfolio - Class B*
Brighthouse Investment Advisers,
LLC
Subadviser: Overlay Portion:
MetLife Investment Management,
LLC
|
0.66%
|
13.82%
|
5.03%
|
4.44%
|
Seeks capital appreciation.
|
MFS® Research International
Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Massachusetts Financial
Services Company
|
0.90%
|
12.82%
|
8.54%
|
4.17%
|
Seeks capital appreciation.
|
Morgan Stanley Discovery
Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Morgan Stanley
Investment Management Inc.
|
0.92%
|
40.86%
|
10.81%
|
8.50%
|
Investment Objectives
|
Portfolio Company and
Adviser/Sub-Adviser
|
Current
Expenses
|
Average Annual
Total Returns
(as of 12/31/2023)
|
||
1
Year
|
5
Year
|
10
Year
|
|||
Seeks total return.
|
PanAgora Global Diversified Risk
Portfolio - Class B#*
Brighthouse Investment Advisers,
LLC
Subadviser: PanAgora Asset
Management, Inc.
|
0.98%
|
4.71%
|
2.47%
|
-
|
Seeks maximum real return,
consistent with preservation of
capital and prudent investment
management.
|
PIMCO Inflation Protected Bond
Portfolio - Class B
Brighthouse Investment Advisers,
LLC
Subadviser: Pacific Investment
Management Company LLC
|
0.93%
|
3.59%
|
3.05%
|
2.08%
|
Seeks maximum total return,
consistent with the preservation of
capital and prudent investment
management.
|
PIMCO Total Return
Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Pacific Investment
Management Company LLC
|
0.80%
|
6.05%
|
1.01%
|
1.60%
|
Seeks capital appreciation and
current income.
|
Schroders Global Multi-Asset
Portfolio - Class B#*
Brighthouse Investment Advisers,
LLC
Subadviser: Schroder Investment
Management North America Inc.
|
0.95%
|
15.02%
|
4.88%
|
4.02%
|
Seeks growth of capital and income.
|
SSGA Growth and Income ETF
Portfolio - Class B‡
Brighthouse Investment Advisers,
LLC
Subadviser: SSGA Funds
Management, Inc.
|
0.77%
|
13.97%
|
7.51%
|
5.49%
|
Seeks growth of capital.
|
SSGA Growth ETF
Portfolio - Class B‡
Brighthouse Investment Advisers,
LLC
Subadviser: SSGA Funds
Management, Inc.
|
0.80%
|
15.75%
|
9.20%
|
6.43%
|
Seeks long-term capital appreciation
by investing in common stocks
believed to be undervalued. Income
is a secondary objective.
|
T. Rowe Price Large Cap Value
Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: T. Rowe Price
Associates, Inc.
|
0.78%
|
9.64%
|
11.26%
|
8.66%
|
Seeks to maximize total return
consistent with the preservation of
capital.
|
TCW Core Fixed Income
Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: TCW Investment
Management Company LLC
|
0.72%
|
5.61%
|
1.08%
|
-
|
Investment Objectives
|
Portfolio Company and
Adviser/Sub-Adviser
|
Current
Expenses
|
Average Annual
Total Returns
(as of 12/31/2023)
|
||
1
Year
|
5
Year
|
10
Year
|
|||
Seeks high total return by investing
in equity securities of mid-sized
companies.
|
Victory Sycamore Mid Cap Value
Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Victory Capital
Management Inc.
|
0.85%
|
9.94%
|
14.38%
|
8.30%
|
Seeks a high level of current income,
consistent with preservation of
principal.
|
Western Asset Management
Government Income
Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Western Asset
Management Company LLC
|
0.72%
|
4.39%
|
0.21%
|
1.26%
|
Seeks long-term growth of capital.
|
Baillie Gifford International Stock
Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Baillie Gifford Overseas
Limited
|
1.00%
|
18.36%
|
6.88%
|
4.46%
|
Seeks a competitive total return
primarily from investing in fixed-
income securities.
|
BlackRock Bond Income
Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: BlackRock Advisors,
LLC
|
0.64%
|
5.59%
|
1.28%
|
1.95%
|
Seeks long-term growth of capital.
|
BlackRock Capital Appreciation
Portfolio - Class A#
Brighthouse Investment Advisers,
LLC
Subadviser: BlackRock Advisors,
LLC
|
0.57%
|
49.61%
|
16.15%
|
12.88%
|
Seeks a high level of current income
consistent with prudent investment
risk and preservation of capital.
|
BlackRock Ultra-Short Term Bond
Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: BlackRock Advisors,
LLC
|
0.61%
|
4.80%
|
1.50%
|
0.98%
|
Seeks a high level of current income,
with growth of capital as a
secondary objective.
|
Brighthouse Asset Allocation 20
Portfolio - Class B#‡
Brighthouse Investment Advisers,
LLC
|
0.89%
|
7.83%
|
3.62%
|
3.05%
|
Seeks high total return in the form of
income and growth of capital, with a
greater emphasis on income.
|
Brighthouse Asset Allocation 40
Portfolio - Class B‡
Brighthouse Investment Advisers,
LLC
|
0.89%
|
10.52%
|
5.60%
|
4.34%
|
Seeks a balance between a high level
of current income and growth of
capital, with a greater emphasis on
growth of capital.
|
Brighthouse Asset Allocation 60
Portfolio - Class B‡
Brighthouse Investment Advisers,
LLC
|
0.91%
|
13.59%
|
7.72%
|
5.67%
|
Seeks growth of capital.
|
Brighthouse Asset Allocation 80
Portfolio - Class B‡
Brighthouse Investment Advisers,
LLC
|
0.94%
|
17.30%
|
9.75%
|
6.91%
|
Investment Objectives
|
Portfolio Company and
Adviser/Sub-Adviser
|
Current
Expenses
|
Average Annual
Total Returns
(as of 12/31/2023)
|
||
1
Year
|
5
Year
|
10
Year
|
|||
Seeks long-term capital appreciation.
|
Brighthouse/Dimensional
International Small Company
Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Dimensional Fund
Advisors LP
|
1.05%
|
13.52%
|
7.32%
|
4.42%
|
Seeks to provide a growing stream of
income over time and, secondarily,
long-term capital appreciation and
current income.
|
Brighthouse/Wellington Core Equity
Opportunities
Portfolio - Class A††
Brighthouse Investment Advisers,
LLC
Subadviser: Wellington Management
Company LLP
|
0.61%
|
7.66%
|
13.12%
|
10.36%
|
Seeks to provide a growing stream of
income over time and, secondarily,
long-term capital appreciation and
current income.
|
Brighthouse/Wellington Core Equity
Opportunities Portfolio - Class E#
Brighthouse Investment Advisers,
LLC
Subadviser: Wellington Management
Company LLP
|
0.76%
|
7.49%
|
12.95%
|
10.19%
|
Seeks long-term growth of capital.
|
Jennison Growth
Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Jennison Associates LLC
|
0.80%
|
52.86%
|
17.69%
|
14.03%
|
Seeks long-term capital growth.
|
Loomis Sayles Small Cap Growth
Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Loomis, Sayles &
Company, L.P.
|
1.12%
|
11.54%
|
9.80%
|
8.21%
|
Seeks to track the performance of
the Bloomberg U.S. Aggregate Bond
Index.
|
MetLife Aggregate Bond Index
Portfolio - Class G
Brighthouse Investment Advisers,
LLC
Subadviser: MetLife Investment
Management, LLC
|
0.58%
|
4.90%
|
0.57%
|
1.27%
|
Seeks to track the performance of
the Standard & Poor's MidCap
400® Composite Stock Price Index.
|
MetLife Mid Cap Stock Index
Portfolio - Class G
Brighthouse Investment Advisers,
LLC
Subadviser: MetLife Investment
Management, LLC
|
0.61%
|
15.76%
|
12.00%
|
8.68%
|
Seeks to track the performance of
the MSCI EAFE® Index.
|
MetLife MSCI EAFE® Index
Portfolio - Class G
Brighthouse Investment Advisers,
LLC
Subadviser: MetLife Investment
Management, LLC
|
0.69%
|
17.58%
|
7.67%
|
3.75%
|
Investment Objectives
|
Portfolio Company and
Adviser/Sub-Adviser
|
Current
Expenses
|
Average Annual
Total Returns
(as of 12/31/2023)
|
||
1
Year
|
5
Year
|
10
Year
|
|||
Seeks to track the performance of
the Russell 2000® Index.
|
MetLife Russell 2000® Index
Portfolio - Class G
Brighthouse Investment Advisers,
LLC
Subadviser: MetLife Investment
Management, LLC
|
0.62%
|
16.47%
|
9.57%
|
6.84%
|
Seeks to track the performance of
the Standard & Poor's 500®
Composite Stock Price Index.
|
MetLife Stock Index
Portfolio - Class G#
Brighthouse Investment Advisers,
LLC
Subadviser: MetLife Investment
Management, LLC
|
0.56%
|
25.56%
|
15.05%
|
-
|
Seeks a favorable total return
through investment in a diversified
portfolio.
|
MFS® Total Return
Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Massachusetts Financial
Services Company
|
0.87%
|
10.13%
|
8.26%
|
6.33%
|
Seeks capital appreciation.
|
MFS® Value Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Massachusetts Financial
Services Company
|
0.83%
|
7.85%
|
11.27%
|
8.51%
|
Seeks high total return, consisting
principally of capital appreciation.
|
Neuberger Berman Genesis
Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Neuberger Berman
Investment Advisers LLC
|
1.05%
|
15.20%
|
12.13%
|
8.48%
|
Seeks long-term growth of capital.
|
T. Rowe Price Large Cap Growth
Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: T. Rowe Price
Associates, Inc.
|
0.82%
|
46.53%
|
13.23%
|
11.60%
|
Seeks long-term capital growth.
|
T. Rowe Price Small Cap Growth
Portfolio - Class G
Brighthouse Investment Advisers,
LLC
Subadviser: T. Rowe Price
Associates, Inc.
|
0.81%
|
21.24%
|
11.51%
|
-
|
Seeks to maximize total return
consistent with preservation of
capital.
|
Western Asset Management Strategic
Bond Opportunities
Portfolio - Class A††
Brighthouse Investment Advisers,
LLC
Subadviser: Western Asset
Management Company LLC
|
0.56%
|
9.44%
|
2.80%
|
3.01%
|
Investment Objectives
|
Portfolio Company and
Adviser/Sub-Adviser
|
Current
Expenses
|
Average Annual
Total Returns
(as of 12/31/2023)
|
||
1
Year
|
5
Year
|
10
Year
|
|||
Seeks to maximize total return
consistent with preservation of
capital.
|
Western Asset Management Strategic
Bond Opportunities
Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Western Asset
Management Company LLC
|
0.81%
|
9.22%
|
2.54%
|
2.76%
|
Seeks to maximize total return
consistent with preservation of
capital and maintenance of liquidity.
|
Western Asset Management
U.S. Government
Portfolio - Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Western Asset
Management Company LLC
|
0.75%
|
4.59%
|
0.70%
|
0.98%
|
Seeks both capital appreciation and
current income.
|
Global Infrastructure
Portfolio - Class II#
Morgan Stanley Investment
Management Inc.
|
1.12%
|
4.27%
|
6.55%
|
4.98%
|
Optional Benefit
|
FlexChoice Level GLWB
|
Platform 1
|
Platform 2
|
A minimum of 80% of your Purchase Payments
or Account Value
|
A maximum of 20% of Purchase Payments or
Account Value
|
AB Global Dynamic Allocation Portfolio
|
American Funds® Balanced Allocation Portfolio
|
BlackRock Global Tactical Strategies Portfolio
|
American Funds® Moderate Allocation Portfolio
|
Brighthouse Balanced Plus Portfolio
|
Brighthouse Asset Allocation 20 Portfolio
|
Invesco Balanced-Risk Allocation Portfolio
|
Brighthouse Asset Allocation 40 Portfolio
|
JPMorgan Global Active Allocation Portfolio
|
Brighthouse Asset Allocation 60 Portfolio
|
MetLife Aggregate Bond Index Portfolio
|
SSGA Growth and Income ETF Portfolio
|
MetLife Multi-Index Targeted Risk Portfolio
|
|
PanAgora Global Diversified Risk Portfolio
|
|
Schroders Global Multi-Asset Portfolio
|
|
Western Asset Management Government Income Portfolio
|