0001193125-13-258995.txt : 20130614 0001193125-13-258995.hdr.sgml : 20130614 20130614105648 ACCESSION NUMBER: 0001193125-13-258995 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 7 FILED AS OF DATE: 20130614 DATE AS OF CHANGE: 20130614 EFFECTIVENESS DATE: 20130614 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NORTHWESTERN MUTUAL SERIES FUND INC CENTRAL INDEX KEY: 0000742212 IRS NUMBER: 391603401 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-89971 FILM NUMBER: 13913158 BUSINESS ADDRESS: STREET 1: 720 E WISCONSIN AVE CITY: MILWAUKEE STATE: WI ZIP: 53202 BUSINESS PHONE: 4142992508 MAIL ADDRESS: STREET 1: 720 EAST WISCONSIN AVE CITY: MILWAUKEE STATE: WI ZIP: 53202 FORMER COMPANY: FORMER CONFORMED NAME: NORTHWESTERN MUTUAL VARIABLE LIFE SERIES FUND INC DATE OF NAME CHANGE: 19940830 0000742212 S000000039 Small Cap Growth Stock Portfolio C000000074 Small Cap Growth Stock Portfolio 0000742212 S000000040 Large Cap Core Stock Portfolio C000000075 Large Cap Core Stock Portfolio 0000742212 S000000050 Mid Cap Growth Stock Portfolio C000000085 Mid Cap Growth Stock Portfolio 0000742212 S000000056 Growth Stock Portfolio C000000091 Growth Stock Portfolio 497 1 d547922d497.htm NORTHWESTERN MUTUAL SERIES FUND, INC. Northwestern Mutual Series Fund, Inc.

Northwestern Mutual Series Fund, Inc.

720 East Wisconsin Avenue

Milwaukee, WI 53202

June 14, 2013

United States Securities and Exchange Commission

Division of Investment Management

100 F Street NE

Washington, DC 20549

 

Re:

Northwestern Mutual Series Fund, Inc. (“Registrant”)

Registration No.’s 2-89971; 811-3990

EDGAR CIK No. 0000742212

Ladies and Gentlemen:

On behalf of the Registrant, attached for filing are exhibits containing interactive data format risk/return summary information that mirrors the risk/return summary information contained in the Registrant’s Prospectus dated May 1, 2013, as supplemented June 3, 2013, and filed pursuant to Rule 497(e) under the Securities Act of 1933, as amended. The purpose of this filing is to submit the data in XBRL format for the Registrant.

If you have any questions or comments concerning the foregoing, please contact me at (414) 665-6137.

Very truly yours,

/s/ Lesli H. McLinden

Lesli H. McLinden

Assistant General Counsel

Northwestern Mutual

EX-101.INS 2 nmsf-20130603.xml XBRL INSTANCE DOCUMENT 0000742212 2012-05-02 2013-05-01 0000742212 nmsf:S000000056Member 2012-05-02 2013-05-01 0000742212 nmsf:S000000040Member 2012-05-02 2013-05-01 0000742212 nmsf:S000000050Member 2012-05-02 2013-05-01 0000742212 nmsf:S000000039Member 2012-05-02 2013-05-01 NORTHWESTERN MUTUAL SERIES FUND INC 0000742212 2013-06-03 2013-06-03 2013-05-01 2012-12-31 false Other <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="center"><b>Northwestern Mutual Series Fund, Inc. </b></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="center">Supplement Dated June&nbsp;3, 2013 to the </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="center">Prospectus Dated May&nbsp;1, 2013 </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="justify">The following information supplements the Statutory Prospectus for the Northwestern Mutual Series Fund, Inc. (the "Fund") dated May&nbsp;1, 2013 (the "Prospectus"). You should read this Supplement together with the Prospectus. Please retain this Supplement for future reference.&nbsp;</p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px">The following amendments to the Prospectus shall be effective July&nbsp;1, 2013: </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px">Growth Stock Portfolio </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="justify">The "PRINCIPAL INVESTMENT STRATEGIES" section of the Summary for the Growth Stock Portfolio is amended to read as follows: </p> <p style="PADDING-BOTTOM: 0px; MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">"Normally, the Portfolio invests at least 80% of net assets (plus any borrowings for investment purposes) in the equity securities of medium and large capitalization companies. For this purpose, medium and large capitalization companies are those with a market capitalization of companies in the Russell 1000<sup>&#174;</sup> Growth Index. As of December&nbsp;31, 2012, companies in the Russell 1000<sup>&#174;</sup> Growth Index had market capitalizations between approximately $400 million and $500 billion. </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">The Portfolio invests in stocks selected by a team of core research analysts, with each analyst responsible for investments in his or her area of expertise. These analysts use a fundamental, bottom-up research process to identify investments for the Portfolio. The analysts, under the direction of the director of the core research team, determine the Portfolio's allocations among market sectors. The Portfolio invests in those companies in which the analysts have the highest degree of conviction or have identified the potential for a strong near-term catalyst for earnings growth or share price appreciation. </p> <p style="PADDING-BOTTOM: 0px; MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">The Portfolio seeks to reduce overall risk by diversifying its assets in an appropriate manner. This diversification will span economic sectors, industry groups and companies. The Portfolio is structured so that its sector weights are generally similar to those of the Russell 1000<sup>&#174;</sup> Growth Index, the Portfolio's benchmark. As a result, the Portfolio may at times have a relatively high percentage of its assets invested in a particular sector. </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">The Portfolio invests primarily in common stocks. It may also invest up to 20% of net assets in foreign based companies listed on foreign exchanges, either directly or through American Depositary Receipts (ADRs). </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">The Portfolio typically sells a security when the research analyst responsible for the investment believes there has been a change in the fundamental factors surrounding the company, the company has been fully valued, or a more attractive opportunity has been identified." </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="justify">In addition, the "PRINCIPAL RISKS" section of the Summary for the Portfolio is amended to delete Derivatives Risk and Exchange Traded Funds Risk as principal risks, to delete the last sentence of Equity Securities Risk and to replace the last sentence of Foreign Investing Risk with the following: </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">"ADRs may be subject to certain of the risks associated with direct investments in the securities of foreign companies, such as currency risk, political and economic risk and market risk, because their values depend on the performance of the non-dollar denominated underlying foreign securities."&nbsp;</p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px">Large Cap Core Stock Portfolio </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="justify">The "PRINCIPAL INVESTMENT STRATEGIES" section of the Summary for the Large Cap Core Stock Portfolio is amended to read as follows: </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">"Normally, the Portfolio invests at least 80% of net assets (plus any borrowings for investment purposes) in equity securities of large capitalization companies. For this purpose, large capitalization equity investments are those whose market capitalizations are above $5 billion at the time of purchase. </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">In choosing securities, the Portfolio's portfolio managers first identify structurally attractive economic sectors they believe can support longer term profit growth. Using fundamental analysis, the Portfolio's portfolio managers then seek companies within these sectors that have dominant positions and sustainable competitive advantages in their industries, superior management that productively redeploys cash flow, sustained patterns of profitability, strong balance sheets, expanding global presence and the potential to achieve predictable, above-average earnings and dividend growth over the next three to five years or longer. The Portfolio may also invest in companies which the portfolio managers consider undervalued in terms of earnings, assets or growth prospects. </p> <p style="PADDING-BOTTOM: 0px; MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">The Portfolio may be broadly diversified, potentially reflecting all sectors of the S&amp;P 500<sup>&#174;</sup> Index. Bottom-up analysis, the adviser's economic outlook and/or absolute valuation determines the relative attractiveness of market sectors and sector weights may differ from those in the S&amp;P 500<sup>&#174;</sup> Index, reflecting the adviser's view. As a result, the Portfolio may at times have a relatively high percentage of its assets invested in a particular sector. </p> <p> </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">The Portfolio invests primarily in common stocks of U.S. and foreign based companies listed on U.S. exchanges. Up to 20% of the Portfolio's net assets may be invested in foreign based companies listed on foreign exchanges, either directly or through American Depositary Receipts (ADRs). The Portfolio may invest in both dividend paying and non-dividend paying stocks. </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">The Portfolio employs a "buy-and-hold" strategy, which is an investment strategy characterized by a low portfolio turnover rate, which helps reduce the Portfolio's trading cost. The Portfolio typically sells a security when the Portfolio's portfolio managers believe there is a significant adverse change in the company's business fundamentals that may lead to a sustained impairment in earnings power, the company has become grossly overvalued, or more attractive alternatives exist." </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="justify">In addition, the "PRINCIPAL RISKS" section of the Summary for the Portfolio is amended to delete Derivatives Risk as a principal risk, to delete the last sentence of Equity Securities Risk, and to replace the last sentence of Foreign Investing Risk with the following: </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">"ADRs may be subject to certain of the risks associated with direct investments in the securities of foreign companies, such as currency risk, political and economic risk and market risk, because their values depend on the performance of the non-dollar denominated underlying foreign securities."&nbsp;</p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px">Mid Cap Growth Stock Portfolio </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="justify">The "PRINCIPAL INVESTMENT STRATEGIES" section of the Summary for the Mid Cap Growth Stock Portfolio is amended to read as follows: </p> <p style="PADDING-BOTTOM: 0px; MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">"Normally, the Portfolio invests at least 80% of net assets (plus any borrowings for investment purposes) in stocks of mid-sized companies. The Portfolio considers a company to be a mid cap company if it has a market capitalization no smaller than the smallest capitalized company, and no larger than the largest capitalized company, included in the Russell Midcap<sup>&#174;</sup> Index at the time of investment (as of December&nbsp;31, 2012, from approximately $322 million to $25.5 billion). To a limited extent, the Portfolio may also purchase stocks of companies with business characteristics and growth prospects similar to mid cap companies but that may have a market capitalization above or below the range of the Russell Midcap<sup>&#174;</sup> Index. </p> <p> </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">The Portfolio invests primarily in common stocks of mid cap domestic growth companies that are expected to experience solid growth in earnings. In choosing investments, the adviser evaluates the extent to which a company meets one or more of the following criteria, relative to the valuation of the security: (a)&nbsp;the company should have or should have the expectation of becoming, a significant provider in the primary markets it serves, (b)&nbsp;the company should have some distinctive attribute relative to present or potential competitors, (c)&nbsp;the prices of the company's products or services should be based to some degree upon their value to the customer, rather than their production cost, (d)&nbsp;the company should participate in an industry expected to grow rapidly due to economic factors or technological change or grow through market share gains in its industry and (e)&nbsp;the company should have a strong management team. </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">The Portfolio seeks to reduce overall risk by diversifying its assets in an appropriate manner. This diversification will span economic sectors, industry groups and companies. The Portfolio's sector exposure relative to its benchmark is driven by the adviser's bottom up stock selection process. As a result, Portfolio may at times have a relatively high percentage of its assets invested in a particular sector. </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">The Portfolio may invest up to 20% of net assets in American Depositary Receipts and other securities of foreign issuers denominated in U.S. dollars. </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">The Portfolio commonly trims positions as valuation appears incrementally less attractive, and may sell a stock when the adviser's investment thesis is no longer valid, typically due to an erosion of company fundamentals relative to expectations or when valuation is no longer attractive. The Portfolio may, but is not required, to exit a position if the company's capitalization grows beyond the mid cap range." </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="justify">In addition, the "PRINCIPAL RISKS" section of the Summary for the Portfolio is amended to delete Derivatives Risk as a principal risk, to delete the last sentence of Equity Securities Risk, and to replace the last sentence of Foreign Investing Risk with the following: </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">"ADRs may be subject to certain of the risks associated with direct investments in the securities of foreign companies, such as currency risk, political and economic risk and market risk, because their values depend on the performance of the non-dollar denominated underlying foreign securities."&nbsp;</p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px">Small Cap Growth Stock Portfolio </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="justify">The "PRINCIPAL INVESTMENT STRATEGIES" section of the Summary for the Small Cap Growth Stock Portfolio is amended to read as follows: </p> <p style="PADDING-BOTTOM: 0px; MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">"Normally, the Portfolio invests at least 80% of net assets (plus any borrowings for investment purposes) in common stocks of small capitalization companies. The Portfolio defines small capitalization companies as companies with market capitalizations within the collective range of the Russell 2000<sup>&#174;</sup> Growth and S&amp;P Small Cap 600<sup>&#174;</sup> Growth Indices. As of December&nbsp;31, 2012, this range was approximately $28 million to $4.7 billion. Some of the companies in which the Portfolio invests may be considered micro cap companies (defined as companies with stock market capitalizations less than $500 million at the time of investment). </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">The Portfolio's investment process is derived from the observation that the quality and persistence of a company's business is often not reflected in its current stock price. Central to the investment process is intense, fundamental research focused on uncovering companies with improving quality metrics, business momentum, and attractive relative valuations. The investment process is aided by a proprietary screening process that narrows the investment universe to companies that are consistent with the investment philosophy. This multi-factor model is employed to systematically capture business improvements and identify relative misvaluations. The investment team conducts fundamental research on companies elevated by the screening process. Research emphasizes the sustainability of a business's competitive advantages, revenue and margin drivers, and cash generation capacity. Other important considerations include capital allocation discipline, off financial statement factors, management track record, and analysis of products and competition. Valuation analysis is an important component of the investment process and consists of both cash flow and earnings ratios applied on an industry-relative basis. </p> <p style="PADDING-BOTTOM: 0px; MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">Portfolio construction emphasizes stock specific risk while minimizing other sources of active risk. The Portfolio is structured so that its sector weights are generally similar to those of the Russell 2000<sup>&#174;</sup> Growth Index, the Portfolio's benchmark. As a result, the Portfolio may at times have a relatively high percentage of its assets invested in a particular sector and may hold securities which are not represented in the benchmark. However, in constructing the Portfolio, the investment team monitors different sources of active risk including stock-specific risk, industry risk and style risk. The goal of this analysis is to ensure that the Portfolio remains well diversified and does not have unrewarded or unintended industry and style exposure as a consequence of the bottom-up stock picking. </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">While most assets will be invested in U.S. common stocks, other securities may also be purchased, including preferred stocks, rights, warrants and securities convertible into common or preferred stocks, in keeping with the Portfolio's objectives. The Portfolio may also invest up to 20% of net assets in American Depositary Receipts and other securities of foreign issuers which are denominated in U.S. dollars. The Portfolio may trade securities actively. </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">The Portfolio may also utilize exchange-traded funds and futures as part of its cash management strategy. </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">The Portfolio may sell a security for a variety of reasons including when it no longer demonstrates improving quality or exhibits strong fundamental momentum, when fundamentals have changed, where the risk/reward assessment is no longer favorable, or to redeploy assets into more promising opportunities. The Portfolio may, but is not required, to exit a position if the company's capitalization grows beyond the small cap range." </p> <p> </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify">In addition, the "PRINCIPAL RISKS" section of the Summary for the Portfolio is amended to include the following as principal risks: </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify"><b>"</b>&#9642;<b></b><b> Exchange Traded Funds Risk &#8211;</b> Investing in exchange traded funds (ETFs) may expose the Portfolio to greater risk of loss and price fluctuation than investing directly in a comparable portfolio of stocks comprising the index due to lack of liquidity, the additional expense incurred as a shareholder in another investment company, and tracking error. </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify"><b></b>&#9642;<b></b><b> High Portfolio Turnover Risk &#8211; </b>Active and frequent trading may cause higher brokerage expenses and other transaction costs, which may adversely affect the Portfolio's performance." </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="justify">The "PRINCIPAL RISKS" section of the Summary for the Portfolio is also amended to include the following sentence at the end of the Foreign Investing Risk: </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">"ADRs may be subject to certain of the risks associated with direct investments in the securities of foreign companies, such as currency risk, political and economic risk and market risk, because their values depend on the performance of the non-dollar denominated underlying foreign securities." </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="justify">The "PRINCIPAL RISKS" section of the Summary for the Portfolio is also amended to include the following text at the end of the Active Management Risk: </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">"In addition, the value of securities identified using quantitative analysis can react differently to issuer, political, market and economic developments from the market as a whole or securities identified using only fundamental analysis. The factors used in quantitative analysis and the weight placed on those factors may not be predictive of a security's value."&nbsp;</p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="center"><b>Northwestern Mutual Series Fund, Inc. </b></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="center">Supplement Dated June&nbsp;3, 2013 to the </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="center">Prospectus Dated May&nbsp;1, 2013 </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="justify">The following information supplements the Statutory Prospectus for the Northwestern Mutual Series Fund, Inc. (the "Fund") dated May&nbsp;1, 2013 (the "Prospectus"). You should read this Supplement together with the Prospectus. Please retain this Supplement for future reference.&nbsp;</p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px">The following amendments to the Prospectus shall be effective July&nbsp;1, 2013: </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px">Growth Stock Portfolio </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="justify">The "PRINCIPAL INVESTMENT STRATEGIES" section of the Summary for the Growth Stock Portfolio is amended to read as follows: </p> <p style="PADDING-BOTTOM: 0px; MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">"Normally, the Portfolio invests at least 80% of net assets (plus any borrowings for investment purposes) in the equity securities of medium and large capitalization companies. For this purpose, medium and large capitalization companies are those with a market capitalization of companies in the Russell 1000<sup>&#174;</sup> Growth Index. As of December&nbsp;31, 2012, companies in the Russell 1000<sup>&#174;</sup> Growth Index had market capitalizations between approximately $400 million and $500 billion. </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">The Portfolio invests in stocks selected by a team of core research analysts, with each analyst responsible for investments in his or her area of expertise. These analysts use a fundamental, bottom-up research process to identify investments for the Portfolio. The analysts, under the direction of the director of the core research team, determine the Portfolio's allocations among market sectors. The Portfolio invests in those companies in which the analysts have the highest degree of conviction or have identified the potential for a strong near-term catalyst for earnings growth or share price appreciation. </p> <p style="PADDING-BOTTOM: 0px; MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">The Portfolio seeks to reduce overall risk by diversifying its assets in an appropriate manner. This diversification will span economic sectors, industry groups and companies. The Portfolio is structured so that its sector weights are generally similar to those of the Russell 1000<sup>&#174;</sup> Growth Index, the Portfolio's benchmark. As a result, the Portfolio may at times have a relatively high percentage of its assets invested in a particular sector. </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">The Portfolio invests primarily in common stocks. It may also invest up to 20% of net assets in foreign based companies listed on foreign exchanges, either directly or through American Depositary Receipts (ADRs). </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">The Portfolio typically sells a security when the research analyst responsible for the investment believes there has been a change in the fundamental factors surrounding the company, the company has been fully valued, or a more attractive opportunity has been identified." </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="justify">In addition, the "PRINCIPAL RISKS" section of the Summary for the Portfolio is amended to delete Derivatives Risk and Exchange Traded Funds Risk as principal risks, to delete the last sentence of Equity Securities Risk and to replace the last sentence of Foreign Investing Risk with the following: </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">"ADRs may be subject to certain of the risks associated with direct investments in the securities of foreign companies, such as currency risk, political and economic risk and market risk, because their values depend on the performance of the non-dollar denominated underlying foreign securities."&nbsp;</p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="center"><b>Northwestern Mutual Series Fund, Inc. </b></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="center">Supplement Dated June&nbsp;3, 2013 to the </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="center">Prospectus Dated May&nbsp;1, 2013 </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="justify">The following information supplements the Statutory Prospectus for the Northwestern Mutual Series Fund, Inc. (the "Fund") dated May&nbsp;1, 2013 (the "Prospectus"). You should read this Supplement together with the Prospectus. Please retain this Supplement for future reference.&nbsp;</p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px">The following amendments to the Prospectus shall be effective July&nbsp;1, 2013: </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px">Large Cap Core Stock Portfolio </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="justify">The "PRINCIPAL INVESTMENT STRATEGIES" section of the Summary for the Large Cap Core Stock Portfolio is amended to read as follows: </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">"Normally, the Portfolio invests at least 80% of net assets (plus any borrowings for investment purposes) in equity securities of large capitalization companies. For this purpose, large capitalization equity investments are those whose market capitalizations are above $5 billion at the time of purchase. </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">In choosing securities, the Portfolio's portfolio managers first identify structurally attractive economic sectors they believe can support longer term profit growth. Using fundamental analysis, the Portfolio's portfolio managers then seek companies within these sectors that have dominant positions and sustainable competitive advantages in their industries, superior management that productively redeploys cash flow, sustained patterns of profitability, strong balance sheets, expanding global presence and the potential to achieve predictable, above-average earnings and dividend growth over the next three to five years or longer. The Portfolio may also invest in companies which the portfolio managers consider undervalued in terms of earnings, assets or growth prospects. </p> <p style="PADDING-BOTTOM: 0px; MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">The Portfolio may be broadly diversified, potentially reflecting all sectors of the S&amp;P 500<sup>&#174;</sup> Index. Bottom-up analysis, the adviser's economic outlook and/or absolute valuation determines the relative attractiveness of market sectors and sector weights may differ from those in the S&amp;P 500<sup>&#174;</sup> Index, reflecting the adviser's view. As a result, the Portfolio may at times have a relatively high percentage of its assets invested in a particular sector. </p> <p> </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">The Portfolio invests primarily in common stocks of U.S. and foreign based companies listed on U.S. exchanges. Up to 20% of the Portfolio's net assets may be invested in foreign based companies listed on foreign exchanges, either directly or through American Depositary Receipts (ADRs). The Portfolio may invest in both dividend paying and non-dividend paying stocks. </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">The Portfolio employs a "buy-and-hold" strategy, which is an investment strategy characterized by a low portfolio turnover rate, which helps reduce the Portfolio's trading cost. The Portfolio typically sells a security when the Portfolio's portfolio managers believe there is a significant adverse change in the company's business fundamentals that may lead to a sustained impairment in earnings power, the company has become grossly overvalued, or more attractive alternatives exist." </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="justify">In addition, the "PRINCIPAL RISKS" section of the Summary for the Portfolio is amended to delete Derivatives Risk as a principal risk, to delete the last sentence of Equity Securities Risk, and to replace the last sentence of Foreign Investing Risk with the following: </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">"ADRs may be subject to certain of the risks associated with direct investments in the securities of foreign companies, such as currency risk, political and economic risk and market risk, because their values depend on the performance of the non-dollar denominated underlying foreign securities."&nbsp;</p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="center"><b>Northwestern Mutual Series Fund, Inc. </b></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="center">Supplement Dated June&nbsp;3, 2013 to the </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="center">Prospectus Dated May&nbsp;1, 2013 </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="justify">The following information supplements the Statutory Prospectus for the Northwestern Mutual Series Fund, Inc. (the "Fund") dated May&nbsp;1, 2013 (the "Prospectus"). You should read this Supplement together with the Prospectus. Please retain this Supplement for future reference.&nbsp;</p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px">The following amendments to the Prospectus shall be effective July&nbsp;1, 2013: </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px">Mid Cap Growth Stock Portfolio </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="justify">The "PRINCIPAL INVESTMENT STRATEGIES" section of the Summary for the Mid Cap Growth Stock Portfolio is amended to read as follows: </p> <p style="PADDING-BOTTOM: 0px; MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">"Normally, the Portfolio invests at least 80% of net assets (plus any borrowings for investment purposes) in stocks of mid-sized companies. The Portfolio considers a company to be a mid cap company if it has a market capitalization no smaller than the smallest capitalized company, and no larger than the largest capitalized company, included in the Russell Midcap<sup>&#174;</sup> Index at the time of investment (as of December&nbsp;31, 2012, from approximately $322 million to $25.5 billion). To a limited extent, the Portfolio may also purchase stocks of companies with business characteristics and growth prospects similar to mid cap companies but that may have a market capitalization above or below the range of the Russell Midcap<sup>&#174;</sup> Index. </p> <p> </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">The Portfolio invests primarily in common stocks of mid cap domestic growth companies that are expected to experience solid growth in earnings. In choosing investments, the adviser evaluates the extent to which a company meets one or more of the following criteria, relative to the valuation of the security: (a)&nbsp;the company should have or should have the expectation of becoming, a significant provider in the primary markets it serves, (b)&nbsp;the company should have some distinctive attribute relative to present or potential competitors, (c)&nbsp;the prices of the company's products or services should be based to some degree upon their value to the customer, rather than their production cost, (d)&nbsp;the company should participate in an industry expected to grow rapidly due to economic factors or technological change or grow through market share gains in its industry and (e)&nbsp;the company should have a strong management team. </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">The Portfolio seeks to reduce overall risk by diversifying its assets in an appropriate manner. This diversification will span economic sectors, industry groups and companies. The Portfolio's sector exposure relative to its benchmark is driven by the adviser's bottom up stock selection process. As a result, Portfolio may at times have a relatively high percentage of its assets invested in a particular sector. </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">The Portfolio may invest up to 20% of net assets in American Depositary Receipts and other securities of foreign issuers denominated in U.S. dollars. </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">The Portfolio commonly trims positions as valuation appears incrementally less attractive, and may sell a stock when the adviser's investment thesis is no longer valid, typically due to an erosion of company fundamentals relative to expectations or when valuation is no longer attractive. The Portfolio may, but is not required, to exit a position if the company's capitalization grows beyond the mid cap range." </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="justify">In addition, the "PRINCIPAL RISKS" section of the Summary for the Portfolio is amended to delete Derivatives Risk as a principal risk, to delete the last sentence of Equity Securities Risk, and to replace the last sentence of Foreign Investing Risk with the following: </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">"ADRs may be subject to certain of the risks associated with direct investments in the securities of foreign companies, such as currency risk, political and economic risk and market risk, because their values depend on the performance of the non-dollar denominated underlying foreign securities."&nbsp;</p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="center"><b>Northwestern Mutual Series Fund, Inc. </b></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="center">Supplement Dated June&nbsp;3, 2013 to the </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="center">Prospectus Dated May&nbsp;1, 2013 </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="justify">The following information supplements the Statutory Prospectus for the Northwestern Mutual Series Fund, Inc. (the "Fund") dated May&nbsp;1, 2013 (the "Prospectus"). You should read this Supplement together with the Prospectus. Please retain this Supplement for future reference.&nbsp;</p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px">The following amendments to the Prospectus shall be effective July&nbsp;1, 2013: </p><p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px">Small Cap Growth Stock Portfolio </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="justify">The "PRINCIPAL INVESTMENT STRATEGIES" section of the Summary for the Small Cap Growth Stock Portfolio is amended to read as follows: </p> <p style="PADDING-BOTTOM: 0px; MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">"Normally, the Portfolio invests at least 80% of net assets (plus any borrowings for investment purposes) in common stocks of small capitalization companies. The Portfolio defines small capitalization companies as companies with market capitalizations within the collective range of the Russell 2000<sup>&#174;</sup> Growth and S&amp;P Small Cap 600<sup>&#174;</sup> Growth Indices. As of December&nbsp;31, 2012, this range was approximately $28 million to $4.7 billion. Some of the companies in which the Portfolio invests may be considered micro cap companies (defined as companies with stock market capitalizations less than $500 million at the time of investment). </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">The Portfolio's investment process is derived from the observation that the quality and persistence of a company's business is often not reflected in its current stock price. Central to the investment process is intense, fundamental research focused on uncovering companies with improving quality metrics, business momentum, and attractive relative valuations. The investment process is aided by a proprietary screening process that narrows the investment universe to companies that are consistent with the investment philosophy. This multi-factor model is employed to systematically capture business improvements and identify relative misvaluations. The investment team conducts fundamental research on companies elevated by the screening process. Research emphasizes the sustainability of a business's competitive advantages, revenue and margin drivers, and cash generation capacity. Other important considerations include capital allocation discipline, off financial statement factors, management track record, and analysis of products and competition. Valuation analysis is an important component of the investment process and consists of both cash flow and earnings ratios applied on an industry-relative basis. </p> <p style="PADDING-BOTTOM: 0px; MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">Portfolio construction emphasizes stock specific risk while minimizing other sources of active risk. The Portfolio is structured so that its sector weights are generally similar to those of the Russell 2000<sup>&#174;</sup> Growth Index, the Portfolio's benchmark. As a result, the Portfolio may at times have a relatively high percentage of its assets invested in a particular sector and may hold securities which are not represented in the benchmark. However, in constructing the Portfolio, the investment team monitors different sources of active risk including stock-specific risk, industry risk and style risk. The goal of this analysis is to ensure that the Portfolio remains well diversified and does not have unrewarded or unintended industry and style exposure as a consequence of the bottom-up stock picking. </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">While most assets will be invested in U.S. common stocks, other securities may also be purchased, including preferred stocks, rights, warrants and securities convertible into common or preferred stocks, in keeping with the Portfolio's objectives. The Portfolio may also invest up to 20% of net assets in American Depositary Receipts and other securities of foreign issuers which are denominated in U.S. dollars. The Portfolio may trade securities actively. </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">The Portfolio may also utilize exchange-traded funds and futures as part of its cash management strategy. </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">The Portfolio may sell a security for a variety of reasons including when it no longer demonstrates improving quality or exhibits strong fundamental momentum, when fundamentals have changed, where the risk/reward assessment is no longer favorable, or to redeploy assets into more promising opportunities. The Portfolio may, but is not required, to exit a position if the company's capitalization grows beyond the small cap range." </p> <p> </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify">In addition, the "PRINCIPAL RISKS" section of the Summary for the Portfolio is amended to include the following as principal risks: </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify"><b>"</b>&#9642;<b></b><b> Exchange Traded Funds Risk &#8211;</b> Investing in exchange traded funds (ETFs) may expose the Portfolio to greater risk of loss and price fluctuation than investing directly in a comparable portfolio of stocks comprising the index due to lack of liquidity, the additional expense incurred as a shareholder in another investment company, and tracking error. </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify"><b></b>&#9642;<b></b><b> High Portfolio Turnover Risk &#8211; </b>Active and frequent trading may cause higher brokerage expenses and other transaction costs, which may adversely affect the Portfolio's performance." </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="justify">The "PRINCIPAL RISKS" section of the Summary for the Portfolio is also amended to include the following sentence at the end of the Foreign Investing Risk: </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">"ADRs may be subject to certain of the risks associated with direct investments in the securities of foreign companies, such as currency risk, political and economic risk and market risk, because their values depend on the performance of the non-dollar denominated underlying foreign securities." </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="justify">The "PRINCIPAL RISKS" section of the Summary for the Portfolio is also amended to include the following text at the end of the Active Management Risk: </p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%" align="justify">"In addition, the value of securities identified using quantitative analysis can react differently to issuer, political, market and economic developments from the market as a whole or securities identified using only fundamental analysis. The factors used in quantitative analysis and the weight placed on those factors may not be predictive of a security's value."&nbsp;</p> EX-101.SCH 3 nmsf-20130603.xsd XBRL TAXONOMY EXTENSION SCHEMA 000000 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 000010 - Document - Risk/Return Supplement {Unlabeled} - NORTHWESTERN MUTUAL SERIES FUND INC link:presentationLink link:calculationLink link:definitionLink 000011 - Document - Risk/Return Summary {Unlabeled} - Growth Stock Portfolio link:presentationLink link:calculationLink link:definitionLink 000012 - Schedule - Shareholder Fees {- Growth Stock Portfolio} link:presentationLink link:calculationLink link:definitionLink 000013 - Schedule - Annual Fund Operating Expenses {- Growth Stock Portfolio} link:calculationLink link:presentationLink link:definitionLink 000014 - Schedule - Expense Example {Transposed} {- Growth Stock Portfolio} link:presentationLink link:calculationLink link:definitionLink 000015 - Schedule - Expense Example, No Redemption {Transposed} {- Growth Stock Portfolio} link:presentationLink link:calculationLink link:definitionLink 000016 - Schedule - Annual Total Returns - Growth Stock Portfolio [BarChart] link:presentationLink link:calculationLink link:definitionLink 000017 - Schedule - Average Annual Total Returns {Transposed} {- Growth Stock Portfolio} link:presentationLink link:calculationLink link:definitionLink 000018 - Document - Risk/Return Detail {Unlabeled} - Growth Stock Portfolio link:presentationLink link:calculationLink link:definitionLink 000019 - Disclosure - Risk/Return Detail Data {Elements} - NORTHWESTERN MUTUAL SERIES FUND INC link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 4 nmsf-20130603_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE EX-101.DEF 5 nmsf-20130603_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 6 nmsf-20130603_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE EX-101.PRE 7 nmsf-20130603_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE XML 8 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName NORTHWESTERN MUTUAL SERIES FUND INC
Prospectus Date rr_ProspectusDate May 01, 2013
Document Creation Date dei_DocumentCreationDate Jun. 03, 2013
XML 9 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.1.0.1 * */ var moreDialog = null; var Show = { Default:'raw', more:function( obj ){ var bClosed = false; if( moreDialog != null ) { try { bClosed = moreDialog.closed; } catch(e) { //Per article at http://support.microsoft.com/kb/244375 there is a problem with the WebBrowser control // that somtimes causes it to throw when checking the closed property on a child window that has been //closed. So if the exception occurs we assume the window is closed and move on from there. bClosed = true; } if( !bClosed ){ moreDialog.close(); } } obj = obj.parentNode.getElementsByTagName( 'pre' )[0]; var hasHtmlTag = false; var objHtml = ''; var raw = ''; //Check for raw HTML var nodes = obj.getElementsByTagName( '*' ); if( nodes.length ){ objHtml = obj.innerHTML; }else{ if( obj.innerText ){ raw = obj.innerText; }else{ raw = obj.textContent; } var matches = raw.match( /<\/?[a-zA-Z]{1}\w*[^>]*>/g ); if( matches && matches.length ){ objHtml = raw; //If there is an html node it will be 1st or 2nd, // but we can check a little further. var n = Math.min( 5, matches.length ); for( var i = 0; i < n; i++ ){ var el = matches[ i ].toString().toLowerCase(); if( el.indexOf( '= 0 ){ hasHtmlTag = true; break; } } } } if( objHtml.length ){ var html = ''; if( hasHtmlTag ){ html = objHtml; }else{ html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ objHtml + "\n"+''+ "\n"+''; } moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write( html ); moreDialog.document.close(); if( !hasHtmlTag ){ moreDialog.document.body.style.margin = '0.5em'; } } else { //default view logic var lines = raw.split( "\n" ); var longest = 0; if( lines.length > 0 ){ for( var p = 0; p < lines.length; p++ ){ longest = Math.max( longest, lines[p].length ); } } //Decide on the default view this.Default = longest < 120 ? 'raw' : 'formatted'; //Build formatted view var text = raw.split( "\n\n" ) >= raw.split( "\r\n\r\n" ) ? raw.split( "\n\n" ) : raw.split( "\r\n\r\n" ) ; var formatted = ''; if( text.length > 0 ){ if( text.length == 1 ){ text = raw.split( "\n" ) >= raw.split( "\r\n" ) ? raw.split( "\n" ) : raw.split( "\r\n" ) ; formatted = "

"+ text.join( "

\n" ) +"

"; }else{ for( var p = 0; p < text.length; p++ ){ formatted += "

" + text[p] + "

\n"; } } }else{ formatted = '

' + raw + '

'; } html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+'
'+ "\n"+' formatted: '+ ( this.Default == 'raw' ? 'as Filed' : 'with Text Wrapped' ) +''+ "\n"+'
'+ "\n"+' '+ "\n"+'
'+ "\n"+' '+ "\n"+'
'+ "\n"+''+ "\n"+''; moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write(html); moreDialog.document.close(); this.toggle( moreDialog ); } moreDialog.document.title = 'Report Preview Details'; }, toggle:function( win, domLink ){ var domId = this.Default; var doc = win.document; var domEl = doc.getElementById( domId ); domEl.style.display = 'block'; this.Default = domId == 'raw' ? 'formatted' : 'raw'; if( domLink ){ domLink.innerHTML = this.Default == 'raw' ? 'with Text Wrapped' : 'as Filed'; } var domElOpposite = doc.getElementById( this.Default ); domElOpposite.style.display = 'none'; }, LastAR : null, showAR : function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }, toggleNext : function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }, hideAR : function(){ Show.LastAR.style.display = 'none'; } }
EXCEL 10 Financial_Report.xls IDEA: XBRL DOCUMENT begin 644 Financial_Report.xls M[[N_34E-12U697)S:6]N.B`Q+C`-"E@M1&]C=6UE;G0M5'EP93H@5V]R:V)O M;VL-"D-O;G1E;G0M5'EP93H@;75L=&EP87)T+W)E;&%T960[(&)O=6YD87)Y M/2(M+2TM/5].97AT4&%R=%]A.&8Q8C8Q9%\V961D7S1C-3=?.3@Q9E]A,S`U M,C0V8V$U-C(B#0H-"E1H:7,@9&]C=6UE;G0@:7,@82!3:6YG;&4@1FEL92!7 M96(@4&%G92P@86QS;R!K;F]W;B!A'!L;W)E&UL;G,Z=CTS1")U&UL;G,Z;STS1")U&UL/@T*(#QX.D5X8V5L5V]R:V)O;VL^#0H@(#QX M.D5X8V5L5V]R:W-H965T5]);F9O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O6QE#I!8W1I=F53:&5E=#X-"B`@/'@Z4')O M=&5C=%-T#I0#I0#I0&UL/CPA6V5N9&EF72TM/@T*/"]H96%D M/@T*("`\8F]D>3X-"B`@(#QP/E1H:7,@<&%G92!S:&]U;&0@8F4@;W!E;F5D M('=I=&@@36EC'1087)T7V$X9C%B-C%D7S9E M9&1?-&,U-U\Y.#%F7V$S,#4R-#9C834V,@T*0V]N=&5N="U,;V-A=&EO;CH@ M9FEL93HO+R]#.B]A.&8Q8C8Q9%\V961D7S1C-3=?.3@Q9E]A,S`U,C0V8V$U M-C(O5V]R:W-H965T'0O:F%V87-C3X- M"B`@("`\=&%B;&4@8VQA'0^2G5N(#,L#0H) M"3(P,3,\7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA"<@86QI9VX],T1C96YT97(^/&(^3F]R M=&AW97-T97)N($UU='5A;"!397)I97,@1G5N9"P@26YC+B`\+V(^/"]P/B`\ M<"!S='EL93TS1"=-05)'24XM5$]0.B`P<'@[($U!4D=)3BU"3U143TTZ(#!P M>"<@86QI9VX],T1C96YT97(^4W5P<&QE;65N="!$871E9"!*=6YE)FYB"<@86QI9VX],T1C96YT97(^4')O#L@34%21TE.+4)/5%1/33H@,'!X)R!A;&EG;CTS M1&IU6QE/3-$)TU!4D=) M3BU43U`Z(#$R<'@[($U!4D=)3BU"3U143TTZ(#!P>"<^5&AE(&9O;&QO=VEN M9R!A;65N9&UE;G1S('1O('1H92!03Y4:&4@(E!2 M24Y#25!!3"!)3E9%4U1-14Y4(%-44D%414=)15,B('-E8W1I;VX@;V8@=&AE M(%-U;6UA6QE/3-$)U!! M1$1)3D#L@34%21TE.+4Q%1E0Z(#0E)R!A;&EG;CTS1&IU7-T(')E7-T7-T7-T(&9O6QE/3-$)U!!1$1)3D#L@34%21TE.+4Q%1E0Z(#0E)R!A M;&EG;CTS1&IU6EN9R!I=',@87-S971S(&EN(&%N M(&%P<')O<')I871E(&UA;FYE2!S:6UI;&%R('1O M('1H;W-E(&]F('1H92!2=7-S96QL(#$P,#`\2!A="!T:6UE2!H:6=H('!E6QE/3-$)TU! M4D=)3BU43U`Z(#$R<'@[($U!4D=)3BU"3U143TTZ(#!P>#L@34%21TE.+4Q% M1E0Z(#0E)R!A;&EG;CTS1&IU2!I;B!C;VUM;VX@#L@34%21TE.+4)/5%1/33H@,'!X)R!A;&EG;CTS1&IU2!396-U#L@34%21TE.+4)/5%1/33H@,'!X.R!-05)'24XM3$5&5#H@ M-"4G(&%L:6=N/3-$:G5S=&EF>3XB04126EN9R!F;W)E:6=N('-E8W5R:71I97,N M(B9N8G-P.SPO<#X@/'`@#L@34%2 M1TE.+4)/5%1/33H@,'!X)SY,87)G92!#87`@0V]R92!3=&]C:R!0;W)T9F]L M:6\@/"]P/B`\<"!S='EL93TS1"=-05)'24XM5$]0.B`Q,G!X.R!-05)'24XM M0D]45$]-.B`P<'@G(&%L:6=N/3-$:G5S=&EF>3Y4:&4@(E!224Y#25!!3"!) M3E9%4U1-14Y4(%-44D%414=)15,B('-E8W1I;VX@;V8@=&AE(%-U;6UA#L@34%21TE.+4)/5%1/33H@,'!X.R!-05)'24XM3$5& M5#H@-"4G(&%L:6=N/3-$:G5S=&EF>3XB3F]R;6%L;'DL('1H92!0;W)T9F]L M:6\@:6YV97-T#L@34%21TE.+4)/5%1/33H@,'!X.R!-05)'24XM3$5&5#H@-"4G(&%L:6=N M/3-$:G5S=&EF>3Y);B!C:&]O2!B96QI M979E(&-A;B!S=7!P;W)T(&QO;F=E'0@=&AR964@=&\@9FEV92!Y M96%R2!D:69F97(@9G)O;2!T:&]S92!I;B!T:&4@4R9A;7`[4"`U,#`\"P@2!A="!T:6UE M2!H:6=H('!E#L@34%21TE.+4Q%1E0Z(#0E)R!A;&EG;CTS1&IU2!I;B!C;VUM;VX@2!B92!I;G9E&-H86YG97,L(&5I M=&AE2!O6QE/3-$)TU!4D=)3BU43U`Z(#$R<'@[($U! M4D=)3BU"3U143TTZ(#!P>#L@34%21TE.+4Q%1E0Z(#0E)R!A;&EG;CTS1&IU M2UA;F0M:&]L9"(@ M2!A(&QO=R!P;W)T9F]L:6\@='5R;F]V97(@2=S(&)U2!L M96%D('1O(&$@2!O=F5R=F%L=65D M+"!O3Y);B!A9&1I=&EO;BP@=&AE(")04DE. M0TE004P@4DE32U,B('-E8W1I;VX@;V8@=&AE(%-U;6UA#L@34%21TE.+4)/5%1/33H@,'!X.R!-05)'24XM3$5&5#H@ M-"4G(&%L:6=N/3-$:G5S=&EF>3XB04126EN9R!F;W)E:6=N('-E8W5R:71I97,N M(B9N8G-P.SPO<#X@/'`@#L@34%2 M1TE.+4)/5%1/33H@,'!X)SY-:60@0V%P($=R;W=T:"!3=&]C:R!0;W)T9F]L M:6\@/"]P/B`\<"!S='EL93TS1"=-05)'24XM5$]0.B`Q,G!X.R!-05)'24XM M0D]45$]-.B`P<'@G(&%L:6=N/3-$:G5S=&EF>3Y4:&4@(E!224Y#25!!3"!) M3E9%4U1-14Y4(%-44D%414=)15,B('-E8W1I;VX@;V8@=&AE(%-U;6UA#L@34%21TE.+51/4#H@,3)P>#L@34%21TE.+4)/ M5%1/33H@,'!X.R!-05)'24XM3$5&5#H@-"4G(&%L:6=N/3-$:G5S=&EF>3XB M3F]R;6%L;'DL('1H92!0;W)T9F]L:6\@:6YV97-T2!T;R!B92!A M(&UI9"!C87`@8V]M<&%N>2!I9B!I="!H87,@82!M87)K970@8V%P:71A;&EZ M871I;VX@;F\@2P@:6YC;'5D960@:6X@=&AE(%)U#L@34%21TE.+4Q%1E0Z(#0E)R!A;&EG;CTS1&IU2!I;B!C;VUM;VX@ M'!E8W1E9"!T;R!E>'!E2!M M965T3H@*&$I M)FYB2=S('!R;V1U8W1S(&]R('-E2!S:&]U;&0@<&%R=&EC:7!A=&4@:6X@86X@:6YD=7-T#L@34%2 M1TE.+4)/5%1/33H@,'!X.R!-05)'24XM3$5&5#H@-"4G(&%L:6=N/3-$:G5S M=&EF>3Y4:&4@4&]R=&9O;&EO('-E96MS('1O(')E9'5C92!O=F5R86QL(')I M#L@34%21TE.+4)/5%1/33H@,'!X.R!-05)'24XM3$5&5#H@-"4G(&%L:6=N M/3-$:G5S=&EF>3Y4:&4@4&]R=&9O;&EO(&UA>2!I;G9E#L@34%21TE.+4Q% M1E0Z(#0E)R!A;&EG;CTS1&IU2!T2!L97-S(&%T=')A8W1I=F4L(&%N9"!M87D@2!D=64@=&\@86X@97)O'!E8W1A=&EO;G,@ M;W(@=VAE;B!V86QU871I;VX@:7,@;F\@;&]N9V5R(&%T=')A8W1I=F4N(%1H M92!0;W)T9F]L:6\@;6%Y+"!B=70@:7,@;F]T(')E<75I&ET M(&$@<&]S:71I;VX@:68@=&AE(&-O;7!A;GDG6QE M/3-$)TU!4D=)3BU43U`Z(#$R<'@[($U!4D=)3BU"3U143TTZ(#!P>"<@86QI M9VX],T1J=7-T:69Y/DEN(&%D9&ET:6]N+"!T:&4@(E!224Y#25!!3"!225-+ M4R(@2!F;W(@=&AE(%!O2!B92!S=6)J96-T('1O(&-E#L@34%21TE.+4)/5%1/33H@ M,'!X)R!A;&EG;CTS1&IU#L@34%21TE.+51/4#H@,3)P>#L@34%21TE.+4)/5%1/33H@ M,'!X.R!-05)'24XM3$5&5#H@-"4G(&%L:6=N/3-$:G5S=&EF>3XB3F]R;6%L M;'DL('1H92!0;W)T9F]L:6\@:6YV97-TF%T:6]N&EM871E;'D@)#(X(&UI;&QI;VX@=&\@ M)#0N-R!B:6QL:6]N+B!3;VUE(&]F('1H92!C;VUP86YI97,@:6X@=VAI8V@@ M=&AE(%!O2!B92!C;VYS:61EF%T:6]N6QE M/3-$)TU!4D=)3BU43U`Z(#$R<'@[($U!4D=)3BU"3U143TTZ(#!P>#L@34%2 M1TE.+4Q%1E0Z(#0E)R!A;&EG;CTS1&IU2=S(&)U2!S8W)E96YI;F<@ M<')O8V5S7-T96UA=&EC86QL>2!C87!T=7)E(&)UF5S('1H92!S=7-T86EN M86)I;&ET>2!O9B!A(&)U6QE M/3-$)U!!1$1)3D#L@34%21TE.+4Q%1E0Z(#0E)R!A;&EG;CTS1&IU MF5S('-T;V-K M('-P96-I9FEC(')IFEN9R!O=&AE2!S:6UI M;&%R('1O('1H;W-E(&]F('1H92!2=7-S96QL(#(P,#`\2!A="!T:6UE2!H:6=H('!E6QE(')I'!O2!A;'-O(&)E('!U2!A;'-O(&EN=F5S="!U<"!T;R`R,"4@;V8@;F5T(&%S2!T6QE/3-$)TU!4D=)3BU4 M3U`Z(#$R<'@[($U!4D=)3BU"3U143TTZ(#!P>#L@34%21TE.+4Q%1E0Z(#0E M)R!A;&EG;CTS1&IU#L@34%21TE.+4)/5%1/33H@,'!X.R!- M05)'24XM3$5&5#H@-"4G(&%L:6=N/3-$:G5S=&EF>3Y4:&4@4&]R=&9O;&EO M(&UA>2!S96QL(&$@2!O9B!R96%S;VYS M(&EN8VQU9&EN9R!W:&5N(&ET(&YO(&QO;F=E&ET(&$@<&]S:71I;VX@:68@=&AE(&-O M;7!A;GDG6QE/3-$)TU!4D=) M3BU43U`Z(#!P>#L@34%21TE.+4)/5%1/33H@,'!X)R!A;&EG;CTS1&IU"!D=64@=&\@;&%C:R!O M9B!L:7%U:61I='DL('1H92!A9&1I=&EO;F%L(&5X<&5N2P@86YD('1R86-K:6YG(&5R6QE/3-$)TU!4D=) M3BU43U`Z(#$R<'@[($U!4D=)3BU"3U143TTZ(#!P>#L@34%21TE.+4Q%1E0Z M(#0E)R!A;&EG;CTS1&IU2!C875S92!H:6=H97(@8G)O M:V5R86=E(&5X<&5N2!A9F9E8W0@=&AE(%!O3Y4:&4@(E!2 M24Y#25!!3"!225-+4R(@2!F;W(@=&AE M(%!O#L@34%21TE.+4)/5%1/33H@,'!X.R!-05)'24XM3$5&5#H@-"4G(&%L:6=N M/3-$:G5S=&EF>3XB04126EN9R!F;W)E:6=N('-E8W5R:71I97,N(B`\+W`^(#QP M('-T>6QE/3-$)TU!4D=)3BU43U`Z(#$R<'@[($U!4D=)3BU"3U143TTZ(#!P M>"<@86QI9VX],T1J=7-T:69Y/E1H92`B4%))3D-)4$%,(%))4TM3(B!S96-T M:6]N(&]F('1H92!3=6UM87)Y(&9O6QE/3-$)TU!4D=)3BU43U`Z(#$R<'@[($U!4D=)3BU"3U143TTZ(#!P>#L@ M34%21TE.+4Q%1E0Z(#0E)R!A;&EG;CTS1&IU7-I7-I2=S('9A;'5E+B(F;F)S<#L\ M+W`^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@(#PO=&%B M;&4^#0H@(#PO8F]D>3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%]A M.&8Q8C8Q9%\V961D7S1C-3=?.3@Q9E]A,S`U,C0V8V$U-C(-"D-O;G1E;G0M M3&]C871I;VXZ(&9I;&4Z+R\O0SHO83AF,6(V,61?-F5D9%\T8S4W7SDX,69? M83,P-3(T-F-A-38R+U=O'0O:'1M;#L@8VAA5)E9VES=')A;G1.86UE/"]T9#X- M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#Y.3U)42%=%4U1%4DX@355454%, M(%-%4DE%4R!&54Y$($E.0SQS<&%N/CPO2`Q+`T*"0DR,#$S/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'1";&]C:SPO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^/'`@6QE/3-$)TU!4D=)3BU4 M3U`Z(#$R<'@[($U!4D=)3BU"3U143TTZ(#!P>"<@86QI9VX],T1J=7-T:69Y M/E1H92!F;VQL;W=I;F<@:6YF;W)M871I;VX@2!029N8G-P.S$L(#(P,3,Z(#PO<#X@/'`@#L@34%21TE.+4)/5%1/33H@,'!X)SY'#L@34%21TE. M+4)/5%1/33H@,'!X)R!A;&EG;CTS1&IU2P@=&AE(%!O2!B;W)R;W=I;F=S(&9OF%T:6]N(&]F M(&-O;7!A;FEE"!H860@;6%R:V5T(&-A<&ET86QI>F%T:6]N&EM871E;'D@)#0P,"!M:6QL:6]N(&%N9"`D-3`P(&)I M;&QI;VXN(#PO<#X@/'`@#L@34%2 M1TE.+4)/5%1/33H@,'!X.R!-05)'24XM3$5&5#H@-"4G(&%L:6=N/3-$:G5S M=&EF>3Y4:&4@4&]R=&9O;&EO(&EN=F5S=',@:6X@2!D:79E2!G2!296-E:7!T#L@34%21TE. M+4)/5%1/33H@,'!X.R!-05)'24XM3$5&5#H@-"4G(&%L:6=N/3-$:G5S=&EF M>3Y4:&4@4&]R=&9O;&EO('1Y<&EC86QL>2!S96QL2!H87,@8F5E;B!F=6QL>2!V86QU960L(&]R(&$@ M;6]R92!A='1R86-T:79E(&]P<&]R='5N:71Y(&AA6QE/3-$)TU!4D=)3BU43U`Z(#$R<'@[($U!4D=) M3BU"3U143TTZ(#!P>"<@86QI9VX],T1J=7-T:69Y/DEN(&%D9&ET:6]N+"!T M:&4@(E!224Y#25!!3"!225-+4R(@2!F M;W(@=&AE(%!O&-H86YG92!46QE/3-$)TU!4D=)3BU43U`Z(#$R M<'@[($U!4D=)3BU"3U143TTZ(#!P>#L@34%21TE.+4Q%1E0Z(#0E)R!A;&EG M;CTS1&IU2!R:7-K+"!P;VQI=&EC86P@86YD(&5C;VYO;6EC(')I M6QE/3-$)TU!4D=)3BU43U`Z(#$R<'@[($U!4D=)3BU"3U14 M3TTZ(#!P>"<^3&%R9V4@0V%P($-O#L@34%21TE.+4)/5%1/33H@ M,'!X)R!A;&EG;CTS1&IU6QE/3-$)TU!4D=)3BU43U`Z M(#$R<'@[($U!4D=)3BU"3U143TTZ(#!P>#L@34%21TE.+4Q%1E0Z(#0E)R!A M;&EG;CTS1&IU2!S96-U MF%T:6]N(&-O;7!A;FEE6QE/3-$)TU!4D=)3BU43U`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`^ M)B,Q-S0[/"]S=7`^($EN9&5X+B!";W1T;VTM=7`@86YA;'ES:7,L('1H92!A M9'9I&-H86YG97,N(%5P('1O(#(P)2!O9B!T:&4@4&]R=&9O;&EO)W,@;F5T M(&%S2!S96QL2!H87,@8F5C;VUE(&=R;W-S;'D@;W9E#L@34%21TE.+4)/5%1/33H@,'!X)R!A M;&EG;CTS1&IU2!396-U6QE/3-$)TU!4D=)3BU43U`Z(#$R M<'@[($U!4D=)3BU"3U143TTZ(#!P>#L@34%21TE.+4Q%1E0Z(#0E)R!A;&EG M;CTS1&IU2!R:7-K+"!P;VQI=&EC86P@86YD(&5C;VYO;6EC(')I M6QE/3-$)TU!4D=)3BU43U`Z(#$R<'@[($U!4D=)3BU"3U14 M3TTZ(#!P>"<^36ED($-A<"!'#L@34%21TE.+4)/5%1/33H@ M,'!X)R!A;&EG;CTS1&IU6QE/3-$)U!!1$1)3D#L@34%21TE.+4Q%1E0Z(#0E)R!A;&EG;CTS1&IUF%T:6]N(&YO M('-M86QL97(@=&AA;B!T:&4@2P@86YD(&YO(&QAF5D M(&-O;7!A;GDL(&EN8VQU9&5D(&EN('1H92!2=7-S96QL($UI9&-A<#QS=7`^ M)B,Q-S0[/"]S=7`^($EN9&5X(&%T('1H92!T:6UE(&]F(&EN=F5S=&UE;G0@ M*&%S(&]F($1E8V5M8F5R)FYB2`D,S(R(&UI;&QI;VX@=&\@)#(U+C4@8FEL;&EO;BDN(%1O(&$@;&EM M:71E9"!E>'1E;G0L('1H92!0;W)T9F]L:6\@;6%Y(&%L"X@/"]P/B`\<#X@/"]P M/B`@/'`@'!E M8W1A=&EO;B!O9B!B96-O;6EN9RP@82!S:6=N:69I8V%N="!P2!M87)K971S(&ET('-E6QE/3-$)TU!4D=)3BU43U`Z(#$R<'@[($U!4D=)3BU"3U14 M3TTZ(#!P>#L@34%21TE.+4Q%1E0Z(#0E)R!A;&EG;CTS1&IU6EN9R!I=',@87-S971S(&EN(&%N(&%P<')O<')I871E(&UA;FYE M2!A="!T:6UE2!H:6=H('!E6QE/3-$)TU!4D=)3BU43U`Z(#$R<'@[($U!4D=) M3BU"3U143TTZ(#!P>#L@34%21TE.+4Q%1E0Z(#0E)R!A;&EG;CTS1&IU7!I8V%L;'D@9'5E('1O(&%N(&5R;W-I;VX@;V8@8V]M<&%N>2!F M=6YD86UE;G1A;',@2P@8G5T(&ES(&YO="!R97%U:7)E9"P@=&\@97AI="!A('!O3Y);B!A9&1I=&EO;BP@=&AE(")04DE.0TE004P@4DE32U,B('-E8W1I M;VX@;V8@=&AE(%-U;6UA#L@34%21TE. M+4)/5%1/33H@,'!X.R!-05)'24XM3$5&5#H@-"4G(&%L:6=N/3-$:G5S=&EF M>3XB04126EN9R!F;W)E:6=N('-E8W5R:71I97,N(B9N8G-P.SPO<#X@/'`@#L@34%21TE.+4)/5%1/33H@,'!X)SY3 M;6%L;"!#87`@1W)O=W1H(%-T;V-K(%!O6QE M/3-$)TU!4D=)3BU43U`Z(#$R<'@[($U!4D=)3BU"3U143TTZ(#!P>"<@86QI M9VX],T1J=7-T:69Y/E1H92`B4%))3D-)4$%,($E.5D535$U%3E0@4U12051% M1TE%4R(@2!F;W(@=&AE(%-M86QL($-A M<"!'6QE/3-$)U!!1$1)3D#L@34%2 M1TE.+4Q%1E0Z(#0E)R!A;&EG;CTS1&IU2X@5&AI7-I7-I2UR96QA=&EV92!B87-I2!R:7-K(&%N9"!S='EL92!R:7-K+B!4:&4@9V]A;"!O9B!T:&ES M(&%N86QY2!A;F0@#L@34%2 M1TE.+4)/5%1/33H@,'!X.R!-05)'24XM3$5&5#H@-"4G(&%L:6=N/3-$:G5S M=&EF>3Y7:&EL92!M;W-T(&%S2!296-E:7!T&-H M86YG92UT6QE/3-$)TU! M4D=)3BU43U`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`\<"!S='EL93TS1"=- M05)'24XM5$]0.B`Q,G!X.R!-05)'24XM0D]45$]-.B`P<'@[($U!4D=)3BU, M1494.B`T)2<@86QI9VX],T1J=7-T:69Y/B));B!A9&1I=&EO;BP@=&AE('9A M;'5E(&]F('-E8W5R:71I97,@:61E;G1I9FEE9"!U2!F=6YD86UE;G1A;"!A;F%L>7-I6QE/3-$)TU!4D=)3BU43U`Z(#!P>#L@34%21TE.+4)/5%1/33H@ M,'!X)R!A;&EG;CTS1&-E;G1E6QE/3-$)TU!4D=)3BU4 M3U`Z(#!P>#L@34%21TE.+4)/5%1/33H@,'!X)R!A;&EG;CTS1&-E;G1E6QE/3-$)TU!4D=)3BU43U`Z(#!P>#L@34%21TE.+4)/5%1/33H@ M,'!X)R!A;&EG;CTS1&-E;G1E29N8G-P M.S$L(#(P,3,@/"]P/B`\<"!S='EL93TS1"=-05)'24XM5$]0.B`Q,G!X.R!- M05)'24XM0D]45$]-.B`P<'@G(&%L:6=N/3-$:G5S=&EF>3Y4:&4@9F]L;&]W M:6YG(&EN9F]R;6%T:6]N('-U<'!L96UE;G1S('1H92!3=&%T=71O29N8G-P.S$L(#(P,3,@ M*'1H92`B4')O#L@34%21TE. M+4)/5%1/33H@,'!X)SY4:&4@9F]L;&]W:6YG(&%M96YD;65N=',@=&\@=&AE M(%!R;W-P96-T=7,@6QE/3-$)TU!4D=)3BU43U`Z(#$R<'@[($U!4D=) M3BU"3U143TTZ(#!P>"<^1W)O=W1H(%-T;V-K(%!O6QE/3-$)TU!4D=)3BU43U`Z(#$R<'@[($U!4D=)3BU"3U143TTZ(#!P M>"<@86QI9VX],T1J=7-T:69Y/E1H92`B4%))3D-)4$%,($E.5D535$U%3E0@ M4U12051%1TE%4R(@2!F;W(@=&AE($=R M;W=T:"!3=&]C:R!0;W)T9F]L:6\@:7,@86UE;F1E9"!T;R!R96%D(&%S(&9O M;&QO=W,Z(#PO<#X@/'`@#L@ M34%21TE.+51/4#H@,3)P>#L@34%21TE.+4)/5%1/33H@,'!X.R!-05)'24XM M3$5&5#H@-"4G(&%L:6=N/3-$:G5S=&EF>3XB3F]R;6%L;'DL('1H92!0;W)T M9F]L:6\@:6YV97-TF%T:6]N(&-O;7!A;FEE"X@07,@;V8@1&5C96UB97(F;F)S<#LS,2P@,C`Q,BP@8V]M<&%N:65S M(&EN('1H92!2=7-S96QL(#$P,#`\6QE/3-$)TU!4D=)3BU43U`Z(#$R<'@[($U!4D=)3BU"3U143TTZ M(#!P>#L@34%21TE.+4Q%1E0Z(#0E)R!A;&EG;CTS1&IU2!A('1E86T@ M;V8@8V]R92!R97-E87)C:"!A;F%L>7-T'!E2!I M;G9E#L@34%21TE.+51/4#H@,3)P>#L@34%21TE.+4)/5%1/ M33H@,'!X.R!-05)'24XM3$5&5#H@-"4G(&%L:6=N/3-$:G5S=&EF>3Y4:&4@ M4&]R=&9O;&EO('-E96MS('1O(')E9'5C92!O=F5R86QL(')I"P@=&AE(%!O M#L@34%2 M1TE.+4)/5%1/33H@,'!X.R!-05)'24XM3$5&5#H@-"4G(&%L:6=N/3-$:G5S M=&EF>3Y4:&4@4&]R=&9O;&EO(&EN=F5S=',@<')I;6%R:6QY(&EN(&-O;6UO M;B!S=&]C:W,N($ET(&UA>2!A;'-O(&EN=F5S="!U<"!T;R`R,"4@;V8@;F5T M(&%S&-H86YG97,L(&5I=&AE2!O6QE/3-$)TU!4D=)3BU43U`Z(#$R<'@[($U!4D=)3BU"3U143TTZ(#!P M>#L@34%21TE.+4Q%1E0Z(#0E)R!A;&EG;CTS1&IU7!I8V%L;'D@2!W:&5N('1H92!R97-E M87)C:"!A;F%L>7-T(')E2P@=&AE(&-O M;7!A;GD@:&%S(&)E96X@9G5L;'D@=F%L=65D+"!O2!H87,@8F5E;B!I9&5N=&EF:65D+B(@/"]P/B`\ M<"!S='EL93TS1"=-05)'24XM5$]0.B`Q,G!X.R!-05)'24XM0D]45$]-.B`P M<'@G(&%L:6=N/3-$:G5S=&EF>3Y);B!A9&1I=&EO;BP@=&AE(")04DE.0TE0 M04P@4DE32U,B('-E8W1I;VX@;V8@=&AE(%-U;6UA2!B92!S=6)J96-T('1O(&-E'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@ M/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'1";&]C:SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'`@6QE/3-$)TU!4D=)3BU43U`Z(#$R M<'@[($U!4D=)3BU"3U143TTZ(#!P>"<@86QI9VX],T1J=7-T:69Y/E1H92!F M;VQL;W=I;F<@:6YF;W)M871I;VX@2!029N8G-P M.S$L(#(P,3,Z(#PO<#X@/'`@#L@ M34%21TE.+4)/5%1/33H@,'!X)SY,87)G92!#87`@0V]R92!3=&]C:R!0;W)T M9F]L:6\@/"]P/B`\<"!S='EL93TS1"=-05)'24XM5$]0.B`Q,G!X.R!-05)' M24XM0D]45$]-.B`P<'@G(&%L:6=N/3-$:G5S=&EF>3Y4:&4@(E!224Y#25!! M3"!)3E9%4U1-14Y4(%-44D%414=)15,B('-E8W1I;VX@;V8@=&AE(%-U;6UA M#L@34%21TE.+4)/5%1/33H@,'!X.R!-05)'24XM M3$5&5#H@-"4G(&%L:6=N/3-$:G5S=&EF>3XB3F]R;6%L;'DL('1H92!0;W)T M9F]L:6\@:6YV97-T#L@34%21TE.+4)/5%1/33H@,'!X.R!-05)'24XM3$5&5#H@-"4G(&%L M:6=N/3-$:G5S=&EF>3Y);B!C:&]O2!B M96QI979E(&-A;B!S=7!P;W)T(&QO;F=E'0@=&AR964@=&\@9FEV M92!Y96%R2!D:69F97(@9G)O;2!T:&]S92!I;B!T:&4@4R9A;7`[4"`U,#`\ M"P@2!A="!T M:6UE2!H:6=H('!E#L@34%21TE.+4Q%1E0Z(#0E)R!A;&EG;CTS1&IU2!I;B!C;VUM;VX@ M2!B92!I;G9E&-H86YG97,L M(&5I=&AE2!O6QE/3-$)TU!4D=)3BU43U`Z(#$R<'@[ M($U!4D=)3BU"3U143TTZ(#!P>#L@34%21TE.+4Q%1E0Z(#0E)R!A;&EG;CTS M1&IU2UA;F0M:&]L M9"(@2!A(&QO=R!P;W)T9F]L:6\@='5R;F]V97(@2=S(&)U2!L96%D('1O(&$@2!O=F5R=F%L M=65D+"!O3Y);B!A9&1I=&EO;BP@=&AE(")0 M4DE.0TE004P@4DE32U,B('-E8W1I;VX@;V8@=&AE(%-U;6UA#L@34%21TE.+4)/5%1/33H@,'!X.R!-05)'24XM3$5& M5#H@-"4G(&%L:6=N/3-$:G5S=&EF>3XB04126EN9R!F;W)E:6=N('-E8W5R:71I M97,N(B9N8G-P.SPO<#X\6QE/3-$)TU!4D=) M3BU43U`Z(#!P>#L@34%21TE.+4)/5%1/33H@,'!X)R!A;&EG;CTS1&-E;G1E M6QE/3-$)TU!4D=)3BU43U`Z(#!P>#L@34%21TE.+4)/ M5%1/33H@,'!X)R!A;&EG;CTS1&-E;G1E6QE/3-$)TU!4D=) M3BU43U`Z(#!P>#L@34%21TE.+4)/5%1/33H@,'!X)R!A;&EG;CTS1&-E;G1E M29N8G-P.S$L(#(P,3,@/"]P/B`\<"!S M='EL93TS1"=-05)'24XM5$]0.B`Q,G!X.R!-05)'24XM0D]45$]-.B`P<'@G M(&%L:6=N/3-$:G5S=&EF>3Y4:&4@9F]L;&]W:6YG(&EN9F]R;6%T:6]N('-U M<'!L96UE;G1S('1H92!3=&%T=71O29N8G-P.S$L(#(P,3,@*'1H92`B4')O#L@34%21TE.+4)/5%1/33H@,'!X)SY4:&4@ M9F]L;&]W:6YG(&%M96YD;65N=',@=&\@=&AE(%!R;W-P96-T=7,@6QE M/3-$)TU!4D=)3BU43U`Z(#$R<'@[($U!4D=)3BU"3U143TTZ(#!P>"<^36ED M($-A<"!'#L@34%21TE.+4)/5%1/33H@,'!X)R!A;&EG;CTS M1&IU6QE/3-$)U!!1$1)3D#L@34%21TE.+4Q% M1E0Z(#0E)R!A;&EG;CTS1&IUF%T:6]N(&YO('-M86QL97(@=&AA M;B!T:&4@2P@86YD(&YO(&QA MF5D(&-O;7!A;GDL(&EN M8VQU9&5D(&EN('1H92!2=7-S96QL($UI9&-A<#QS=7`^)B,Q-S0[/"]S=7`^ M($EN9&5X(&%T('1H92!T:6UE(&]F(&EN=F5S=&UE;G0@*&%S(&]F($1E8V5M M8F5R)FYB2`D,S(R(&UI M;&QI;VX@=&\@)#(U+C4@8FEL;&EO;BDN(%1O(&$@;&EM:71E9"!E>'1E;G0L M('1H92!0;W)T9F]L:6\@;6%Y(&%L"X@/"]P/B`\<#X@/"]P/B`@/'`@'!E8W1A=&EO;B!O9B!B M96-O;6EN9RP@82!S:6=N:69I8V%N="!P2!M87)K971S(&ET('-E6QE M/3-$)TU!4D=)3BU43U`Z(#$R<'@[($U!4D=)3BU"3U143TTZ(#!P>#L@34%2 M1TE.+4Q%1E0Z(#0E)R!A;&EG;CTS1&IU6EN9R!I M=',@87-S971S(&EN(&%N(&%P<')O<')I871E(&UA;FYE2!H:6=H('!E6QE/3-$)TU!4D=)3BU43U`Z(#$R<'@[($U!4D=)3BU"3U143TTZ(#!P M>#L@34%21TE.+4Q%1E0Z(#0E)R!A;&EG;CTS1&IU7!I8V%L M;'D@9'5E('1O(&%N(&5R;W-I;VX@;V8@8V]M<&%N>2!F=6YD86UE;G1A;',@ M2P@8G5T M(&ES(&YO="!R97%U:7)E9"P@=&\@97AI="!A('!O3Y);B!A9&1I M=&EO;BP@=&AE(")04DE.0TE004P@4DE32U,B('-E8W1I;VX@;V8@=&AE(%-U M;6UA#L@34%21TE.+4)/5%1/33H@,'!X M.R!-05)'24XM3$5&5#H@-"4G(&%L:6=N/3-$:G5S=&EF>3XB04126EN9R!F;W)E M:6=N('-E8W5R:71I97,N(B9N8G-P.SPO<#X\'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S M/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'1";&]C:SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'`@ M6QE/3-$)TU!4D=)3BU43U`Z(#$R<'@[($U!4D=) M3BU"3U143TTZ(#!P>"<@86QI9VX],T1J=7-T:69Y/E1H92!F;VQL;W=I;F<@ M:6YF;W)M871I;VX@2!029N8G-P.S$L(#(P,3,Z M(#PO<#X\<"!S='EL93TS1"=-05)'24XM5$]0.B`Q,G!X.R!-05)'24XM0D]4 M5$]-.B`P<'@G/E-M86QL($-A<"!'#L@34%21TE.+4)/5%1/ M33H@,'!X)R!A;&EG;CTS1&IU#L@34%21TE.+51/4#H@,3)P>#L@34%21TE.+4)/5%1/ M33H@,'!X.R!-05)'24XM3$5&5#H@-"4G(&%L:6=N/3-$:G5S=&EF>3XB3F]R M;6%L;'DL('1H92!0;W)T9F]L:6\@:6YV97-TF%T:6]N&EM871E;'D@)#(X(&UI;&QI;VX@ M=&\@)#0N-R!B:6QL:6]N+B!3;VUE(&]F('1H92!C;VUP86YI97,@:6X@=VAI M8V@@=&AE(%!O2!B92!C;VYS:61EF%T:6]N6QE/3-$)TU!4D=)3BU43U`Z(#$R<'@[($U!4D=)3BU"3U143TTZ(#!P>#L@ M34%21TE.+4Q%1E0Z(#0E)R!A;&EG;CTS1&IU2=S(&)U2!S8W)E96YI M;F<@<')O8V5S7-T96UA=&EC86QL>2!C87!T=7)E(&)UF5S('1H92!S=7-T M86EN86)I;&ET>2!O9B!A(&)U6QE/3-$)U!!1$1)3D#L@34%21TE.+4Q%1E0Z(#0E)R!A;&EG;CTS M1&IUF5S('-T M;V-K('-P96-I9FEC(')IFEN9R!O=&AE2!S M:6UI;&%R('1O('1H;W-E(&]F('1H92!2=7-S96QL(#(P,#`\2!A="!T:6UE2!H:6=H('!E6QE(')I2!A;'-O(&)E('!U2!A;'-O(&EN=F5S="!U<"!T;R`R,"4@;V8@;F5T(&%S2!T6QE/3-$)TU!4D=) M3BU43U`Z(#$R<'@[($U!4D=)3BU"3U143TTZ(#!P>#L@34%21TE.+4Q%1E0Z M(#0E)R!A;&EG;CTS1&IU#L@34%21TE.+4)/5%1/33H@,'!X M.R!-05)'24XM3$5&5#H@-"4G(&%L:6=N/3-$:G5S=&EF>3Y4:&4@4&]R=&9O M;&EO(&UA>2!S96QL(&$@2!O9B!R96%S M;VYS(&EN8VQU9&EN9R!W:&5N(&ET(&YO(&QO;F=E&ET(&$@<&]S:71I;VX@:68@=&AE M(&-O;7!A;GDG6QE/3-$)TU! M4D=)3BU43U`Z(#!P>#L@34%21TE.+4)/5%1/33H@,'!X)R!A;&EG;CTS1&IU M2!I;B!A(&-O;7!A"!D=64@=&\@;&%C M:R!O9B!L:7%U:61I='DL('1H92!A9&1I=&EO;F%L(&5X<&5N2P@86YD('1R86-K:6YG(&5R6QE/3-$)TU! M4D=)3BU43U`Z(#$R<'@[($U!4D=)3BU"3U143TTZ(#!P>#L@34%21TE.+4Q% M1E0Z(#0E)R!A;&EG;CTS1&IU2!C875S92!H:6=H97(@ M8G)O:V5R86=E(&5X<&5N2!A9F9E8W0@=&AE(%!O3Y4:&4@ M(E!224Y#25!!3"!225-+4R(@2!F;W(@ M=&AE(%!O#L@34%21TE.+4)/5%1/33H@,'!X.R!-05)'24XM3$5&5#H@-"4G(&%L M:6=N/3-$:G5S=&EF>3XB04126EN9R!F;W)E:6=N('-E8W5R:71I97,N(B`\+W`^ M(#QP('-T>6QE/3-$)TU!4D=)3BU43U`Z(#$R<'@[($U!4D=)3BU"3U143TTZ M(#!P>"<@86QI9VX],T1J=7-T:69Y/E1H92`B4%))3D-)4$%,(%))4TM3(B!S M96-T:6]N(&]F('1H92!3=6UM87)Y(&9O6QE/3-$)TU!4D=)3BU43U`Z(#$R<'@[($U!4D=)3BU"3U143TTZ(#!P M>#L@34%21TE.+4Q%1E0Z(#0E)R!A;&EG;CTS1&IU7-I7-I M2=S('9A;'5E+B(F;F)S M<#L\+W`^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@(#PO M=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R M=%]A.&8Q8C8Q9%\V961D7S1C-3=?.3@Q9E]A,S`U,C0V8V$U-C(-"D-O;G1E M;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO83AF,6(V,61?-F5D9%\T8S4W7SDX M,69?83,P-3(T-F-A-38R+U=O'0O:'1M;#L@8VAA'0^3D]25$A715-415).($U55%5! M3"!315))15,@1E5.1"!)3D,\'0^2G5N(#,L#0H)"3(P,3,\'1087)T7V$X9C%B-C%D7S9E9&1?-&,U-U\Y.#%F7V$S,#4R-#9C834V %,BTM#0H` ` end XML 11 FilingSummary.xml IDEA: XBRL DOCUMENT 2.4.0.6 Html 5 9 1 false 4 0 false 0 false false R1.htm 000000 - Document - Document and Entity Information Sheet http://www.northwesternmutual.com/role/DocumentDocumentandEntityInformation Document and Entity Information false false R2.htm 000010 - Document - Risk/Return Supplement {Unlabeled} - NORTHWESTERN MUTUAL SERIES FUND INC Sheet http://www.northwesternmutual.com/role/DocumentRiskReturnSupplementUnlabeledNORTHWESTERNMUTUALSERIESFUNDINC Risk/Return Supplement - NORTHWESTERN MUTUAL SERIES FUND INC false false R3.htm 000019 - Disclosure - Risk/Return Detail Data {Elements} - NORTHWESTERN MUTUAL SERIES FUND INC Sheet http://www.northwesternmutual.com/role/DisclosureRiskReturnDetailDataElementsNORTHWESTERNMUTUALSERIESFUNDINC Risk/Return Detail Data - NORTHWESTERN MUTUAL SERIES FUND INC false false R4.htm 040000 - Disclosure - Risk/Return Detail Data {Elements} Sheet http://xbrl.sec.gov/rr/role/RiskReturnDetailData Risk/Return Detail Data true false All Reports Book All Reports nmsf-20130603.xml nmsf-20130603.xsd nmsf-20130603_cal.xml nmsf-20130603_def.xml nmsf-20130603_lab.xml nmsf-20130603_pre.xml true true XML 12 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName NORTHWESTERN MUTUAL SERIES FUND INC
Prospectus Date rr_ProspectusDate May 01, 2013
Supplement [Text Block] nmsf_SupplementTextBlock

Northwestern Mutual Series Fund, Inc.

Supplement Dated June 3, 2013 to the

Prospectus Dated May 1, 2013

The following information supplements the Statutory Prospectus for the Northwestern Mutual Series Fund, Inc. (the "Fund") dated May 1, 2013 (the "Prospectus"). You should read this Supplement together with the Prospectus. Please retain this Supplement for future reference. 

The following amendments to the Prospectus shall be effective July 1, 2013:

Growth Stock Portfolio

The "PRINCIPAL INVESTMENT STRATEGIES" section of the Summary for the Growth Stock Portfolio is amended to read as follows:

"Normally, the Portfolio invests at least 80% of net assets (plus any borrowings for investment purposes) in the equity securities of medium and large capitalization companies. For this purpose, medium and large capitalization companies are those with a market capitalization of companies in the Russell 1000® Growth Index. As of December 31, 2012, companies in the Russell 1000® Growth Index had market capitalizations between approximately $400 million and $500 billion.

The Portfolio invests in stocks selected by a team of core research analysts, with each analyst responsible for investments in his or her area of expertise. These analysts use a fundamental, bottom-up research process to identify investments for the Portfolio. The analysts, under the direction of the director of the core research team, determine the Portfolio's allocations among market sectors. The Portfolio invests in those companies in which the analysts have the highest degree of conviction or have identified the potential for a strong near-term catalyst for earnings growth or share price appreciation.

The Portfolio seeks to reduce overall risk by diversifying its assets in an appropriate manner. This diversification will span economic sectors, industry groups and companies. The Portfolio is structured so that its sector weights are generally similar to those of the Russell 1000® Growth Index, the Portfolio's benchmark. As a result, the Portfolio may at times have a relatively high percentage of its assets invested in a particular sector.

The Portfolio invests primarily in common stocks. It may also invest up to 20% of net assets in foreign based companies listed on foreign exchanges, either directly or through American Depositary Receipts (ADRs).

The Portfolio typically sells a security when the research analyst responsible for the investment believes there has been a change in the fundamental factors surrounding the company, the company has been fully valued, or a more attractive opportunity has been identified."

In addition, the "PRINCIPAL RISKS" section of the Summary for the Portfolio is amended to delete Derivatives Risk and Exchange Traded Funds Risk as principal risks, to delete the last sentence of Equity Securities Risk and to replace the last sentence of Foreign Investing Risk with the following:

"ADRs may be subject to certain of the risks associated with direct investments in the securities of foreign companies, such as currency risk, political and economic risk and market risk, because their values depend on the performance of the non-dollar denominated underlying foreign securities." 

Large Cap Core Stock Portfolio

The "PRINCIPAL INVESTMENT STRATEGIES" section of the Summary for the Large Cap Core Stock Portfolio is amended to read as follows:

"Normally, the Portfolio invests at least 80% of net assets (plus any borrowings for investment purposes) in equity securities of large capitalization companies. For this purpose, large capitalization equity investments are those whose market capitalizations are above $5 billion at the time of purchase.

In choosing securities, the Portfolio's portfolio managers first identify structurally attractive economic sectors they believe can support longer term profit growth. Using fundamental analysis, the Portfolio's portfolio managers then seek companies within these sectors that have dominant positions and sustainable competitive advantages in their industries, superior management that productively redeploys cash flow, sustained patterns of profitability, strong balance sheets, expanding global presence and the potential to achieve predictable, above-average earnings and dividend growth over the next three to five years or longer. The Portfolio may also invest in companies which the portfolio managers consider undervalued in terms of earnings, assets or growth prospects.

The Portfolio may be broadly diversified, potentially reflecting all sectors of the S&P 500® Index. Bottom-up analysis, the adviser's economic outlook and/or absolute valuation determines the relative attractiveness of market sectors and sector weights may differ from those in the S&P 500® Index, reflecting the adviser's view. As a result, the Portfolio may at times have a relatively high percentage of its assets invested in a particular sector.

The Portfolio invests primarily in common stocks of U.S. and foreign based companies listed on U.S. exchanges. Up to 20% of the Portfolio's net assets may be invested in foreign based companies listed on foreign exchanges, either directly or through American Depositary Receipts (ADRs). The Portfolio may invest in both dividend paying and non-dividend paying stocks.

The Portfolio employs a "buy-and-hold" strategy, which is an investment strategy characterized by a low portfolio turnover rate, which helps reduce the Portfolio's trading cost. The Portfolio typically sells a security when the Portfolio's portfolio managers believe there is a significant adverse change in the company's business fundamentals that may lead to a sustained impairment in earnings power, the company has become grossly overvalued, or more attractive alternatives exist."

In addition, the "PRINCIPAL RISKS" section of the Summary for the Portfolio is amended to delete Derivatives Risk as a principal risk, to delete the last sentence of Equity Securities Risk, and to replace the last sentence of Foreign Investing Risk with the following:

"ADRs may be subject to certain of the risks associated with direct investments in the securities of foreign companies, such as currency risk, political and economic risk and market risk, because their values depend on the performance of the non-dollar denominated underlying foreign securities." 

Mid Cap Growth Stock Portfolio

The "PRINCIPAL INVESTMENT STRATEGIES" section of the Summary for the Mid Cap Growth Stock Portfolio is amended to read as follows:

"Normally, the Portfolio invests at least 80% of net assets (plus any borrowings for investment purposes) in stocks of mid-sized companies. The Portfolio considers a company to be a mid cap company if it has a market capitalization no smaller than the smallest capitalized company, and no larger than the largest capitalized company, included in the Russell Midcap® Index at the time of investment (as of December 31, 2012, from approximately $322 million to $25.5 billion). To a limited extent, the Portfolio may also purchase stocks of companies with business characteristics and growth prospects similar to mid cap companies but that may have a market capitalization above or below the range of the Russell Midcap® Index.

The Portfolio invests primarily in common stocks of mid cap domestic growth companies that are expected to experience solid growth in earnings. In choosing investments, the adviser evaluates the extent to which a company meets one or more of the following criteria, relative to the valuation of the security: (a) the company should have or should have the expectation of becoming, a significant provider in the primary markets it serves, (b) the company should have some distinctive attribute relative to present or potential competitors, (c) the prices of the company's products or services should be based to some degree upon their value to the customer, rather than their production cost, (d) the company should participate in an industry expected to grow rapidly due to economic factors or technological change or grow through market share gains in its industry and (e) the company should have a strong management team.

The Portfolio seeks to reduce overall risk by diversifying its assets in an appropriate manner. This diversification will span economic sectors, industry groups and companies. The Portfolio's sector exposure relative to its benchmark is driven by the adviser's bottom up stock selection process. As a result, Portfolio may at times have a relatively high percentage of its assets invested in a particular sector.

The Portfolio may invest up to 20% of net assets in American Depositary Receipts and other securities of foreign issuers denominated in U.S. dollars.

The Portfolio commonly trims positions as valuation appears incrementally less attractive, and may sell a stock when the adviser's investment thesis is no longer valid, typically due to an erosion of company fundamentals relative to expectations or when valuation is no longer attractive. The Portfolio may, but is not required, to exit a position if the company's capitalization grows beyond the mid cap range."

In addition, the "PRINCIPAL RISKS" section of the Summary for the Portfolio is amended to delete Derivatives Risk as a principal risk, to delete the last sentence of Equity Securities Risk, and to replace the last sentence of Foreign Investing Risk with the following:

"ADRs may be subject to certain of the risks associated with direct investments in the securities of foreign companies, such as currency risk, political and economic risk and market risk, because their values depend on the performance of the non-dollar denominated underlying foreign securities." 

Small Cap Growth Stock Portfolio

The "PRINCIPAL INVESTMENT STRATEGIES" section of the Summary for the Small Cap Growth Stock Portfolio is amended to read as follows:

"Normally, the Portfolio invests at least 80% of net assets (plus any borrowings for investment purposes) in common stocks of small capitalization companies. The Portfolio defines small capitalization companies as companies with market capitalizations within the collective range of the Russell 2000® Growth and S&P Small Cap 600® Growth Indices. As of December 31, 2012, this range was approximately $28 million to $4.7 billion. Some of the companies in which the Portfolio invests may be considered micro cap companies (defined as companies with stock market capitalizations less than $500 million at the time of investment).

The Portfolio's investment process is derived from the observation that the quality and persistence of a company's business is often not reflected in its current stock price. Central to the investment process is intense, fundamental research focused on uncovering companies with improving quality metrics, business momentum, and attractive relative valuations. The investment process is aided by a proprietary screening process that narrows the investment universe to companies that are consistent with the investment philosophy. This multi-factor model is employed to systematically capture business improvements and identify relative misvaluations. The investment team conducts fundamental research on companies elevated by the screening process. Research emphasizes the sustainability of a business's competitive advantages, revenue and margin drivers, and cash generation capacity. Other important considerations include capital allocation discipline, off financial statement factors, management track record, and analysis of products and competition. Valuation analysis is an important component of the investment process and consists of both cash flow and earnings ratios applied on an industry-relative basis.

Portfolio construction emphasizes stock specific risk while minimizing other sources of active risk. The Portfolio is structured so that its sector weights are generally similar to those of the Russell 2000® Growth Index, the Portfolio's benchmark. As a result, the Portfolio may at times have a relatively high percentage of its assets invested in a particular sector and may hold securities which are not represented in the benchmark. However, in constructing the Portfolio, the investment team monitors different sources of active risk including stock-specific risk, industry risk and style risk. The goal of this analysis is to ensure that the Portfolio remains well diversified and does not have unrewarded or unintended industry and style exposure as a consequence of the bottom-up stock picking.

While most assets will be invested in U.S. common stocks, other securities may also be purchased, including preferred stocks, rights, warrants and securities convertible into common or preferred stocks, in keeping with the Portfolio's objectives. The Portfolio may also invest up to 20% of net assets in American Depositary Receipts and other securities of foreign issuers which are denominated in U.S. dollars. The Portfolio may trade securities actively.

The Portfolio may also utilize exchange-traded funds and futures as part of its cash management strategy.

The Portfolio may sell a security for a variety of reasons including when it no longer demonstrates improving quality or exhibits strong fundamental momentum, when fundamentals have changed, where the risk/reward assessment is no longer favorable, or to redeploy assets into more promising opportunities. The Portfolio may, but is not required, to exit a position if the company's capitalization grows beyond the small cap range."

In addition, the "PRINCIPAL RISKS" section of the Summary for the Portfolio is amended to include the following as principal risks:

" Exchange Traded Funds Risk – Investing in exchange traded funds (ETFs) may expose the Portfolio to greater risk of loss and price fluctuation than investing directly in a comparable portfolio of stocks comprising the index due to lack of liquidity, the additional expense incurred as a shareholder in another investment company, and tracking error.

High Portfolio Turnover Risk – Active and frequent trading may cause higher brokerage expenses and other transaction costs, which may adversely affect the Portfolio's performance."

The "PRINCIPAL RISKS" section of the Summary for the Portfolio is also amended to include the following sentence at the end of the Foreign Investing Risk:

"ADRs may be subject to certain of the risks associated with direct investments in the securities of foreign companies, such as currency risk, political and economic risk and market risk, because their values depend on the performance of the non-dollar denominated underlying foreign securities."

The "PRINCIPAL RISKS" section of the Summary for the Portfolio is also amended to include the following text at the end of the Active Management Risk:

"In addition, the value of securities identified using quantitative analysis can react differently to issuer, political, market and economic developments from the market as a whole or securities identified using only fundamental analysis. The factors used in quantitative analysis and the weight placed on those factors may not be predictive of a security's value." 

Growth Stock Portfolio
 
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] nmsf_SupplementTextBlock

Northwestern Mutual Series Fund, Inc.

Supplement Dated June 3, 2013 to the

Prospectus Dated May 1, 2013

The following information supplements the Statutory Prospectus for the Northwestern Mutual Series Fund, Inc. (the "Fund") dated May 1, 2013 (the "Prospectus"). You should read this Supplement together with the Prospectus. Please retain this Supplement for future reference. 

The following amendments to the Prospectus shall be effective July 1, 2013:

Growth Stock Portfolio

The "PRINCIPAL INVESTMENT STRATEGIES" section of the Summary for the Growth Stock Portfolio is amended to read as follows:

"Normally, the Portfolio invests at least 80% of net assets (plus any borrowings for investment purposes) in the equity securities of medium and large capitalization companies. For this purpose, medium and large capitalization companies are those with a market capitalization of companies in the Russell 1000® Growth Index. As of December 31, 2012, companies in the Russell 1000® Growth Index had market capitalizations between approximately $400 million and $500 billion.

The Portfolio invests in stocks selected by a team of core research analysts, with each analyst responsible for investments in his or her area of expertise. These analysts use a fundamental, bottom-up research process to identify investments for the Portfolio. The analysts, under the direction of the director of the core research team, determine the Portfolio's allocations among market sectors. The Portfolio invests in those companies in which the analysts have the highest degree of conviction or have identified the potential for a strong near-term catalyst for earnings growth or share price appreciation.

The Portfolio seeks to reduce overall risk by diversifying its assets in an appropriate manner. This diversification will span economic sectors, industry groups and companies. The Portfolio is structured so that its sector weights are generally similar to those of the Russell 1000® Growth Index, the Portfolio's benchmark. As a result, the Portfolio may at times have a relatively high percentage of its assets invested in a particular sector.

The Portfolio invests primarily in common stocks. It may also invest up to 20% of net assets in foreign based companies listed on foreign exchanges, either directly or through American Depositary Receipts (ADRs).

The Portfolio typically sells a security when the research analyst responsible for the investment believes there has been a change in the fundamental factors surrounding the company, the company has been fully valued, or a more attractive opportunity has been identified."

In addition, the "PRINCIPAL RISKS" section of the Summary for the Portfolio is amended to delete Derivatives Risk and Exchange Traded Funds Risk as principal risks, to delete the last sentence of Equity Securities Risk and to replace the last sentence of Foreign Investing Risk with the following:

"ADRs may be subject to certain of the risks associated with direct investments in the securities of foreign companies, such as currency risk, political and economic risk and market risk, because their values depend on the performance of the non-dollar denominated underlying foreign securities." 

Large Cap Core Stock Portfolio
 
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] nmsf_SupplementTextBlock

Northwestern Mutual Series Fund, Inc.

Supplement Dated June 3, 2013 to the

Prospectus Dated May 1, 2013

The following information supplements the Statutory Prospectus for the Northwestern Mutual Series Fund, Inc. (the "Fund") dated May 1, 2013 (the "Prospectus"). You should read this Supplement together with the Prospectus. Please retain this Supplement for future reference. 

The following amendments to the Prospectus shall be effective July 1, 2013:

Large Cap Core Stock Portfolio

The "PRINCIPAL INVESTMENT STRATEGIES" section of the Summary for the Large Cap Core Stock Portfolio is amended to read as follows:

"Normally, the Portfolio invests at least 80% of net assets (plus any borrowings for investment purposes) in equity securities of large capitalization companies. For this purpose, large capitalization equity investments are those whose market capitalizations are above $5 billion at the time of purchase.

In choosing securities, the Portfolio's portfolio managers first identify structurally attractive economic sectors they believe can support longer term profit growth. Using fundamental analysis, the Portfolio's portfolio managers then seek companies within these sectors that have dominant positions and sustainable competitive advantages in their industries, superior management that productively redeploys cash flow, sustained patterns of profitability, strong balance sheets, expanding global presence and the potential to achieve predictable, above-average earnings and dividend growth over the next three to five years or longer. The Portfolio may also invest in companies which the portfolio managers consider undervalued in terms of earnings, assets or growth prospects.

The Portfolio may be broadly diversified, potentially reflecting all sectors of the S&P 500® Index. Bottom-up analysis, the adviser's economic outlook and/or absolute valuation determines the relative attractiveness of market sectors and sector weights may differ from those in the S&P 500® Index, reflecting the adviser's view. As a result, the Portfolio may at times have a relatively high percentage of its assets invested in a particular sector.

The Portfolio invests primarily in common stocks of U.S. and foreign based companies listed on U.S. exchanges. Up to 20% of the Portfolio's net assets may be invested in foreign based companies listed on foreign exchanges, either directly or through American Depositary Receipts (ADRs). The Portfolio may invest in both dividend paying and non-dividend paying stocks.

The Portfolio employs a "buy-and-hold" strategy, which is an investment strategy characterized by a low portfolio turnover rate, which helps reduce the Portfolio's trading cost. The Portfolio typically sells a security when the Portfolio's portfolio managers believe there is a significant adverse change in the company's business fundamentals that may lead to a sustained impairment in earnings power, the company has become grossly overvalued, or more attractive alternatives exist."

In addition, the "PRINCIPAL RISKS" section of the Summary for the Portfolio is amended to delete Derivatives Risk as a principal risk, to delete the last sentence of Equity Securities Risk, and to replace the last sentence of Foreign Investing Risk with the following:

"ADRs may be subject to certain of the risks associated with direct investments in the securities of foreign companies, such as currency risk, political and economic risk and market risk, because their values depend on the performance of the non-dollar denominated underlying foreign securities." 

Mid Cap Growth Stock Portfolio
 
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] nmsf_SupplementTextBlock

Northwestern Mutual Series Fund, Inc.

Supplement Dated June 3, 2013 to the

Prospectus Dated May 1, 2013

The following information supplements the Statutory Prospectus for the Northwestern Mutual Series Fund, Inc. (the "Fund") dated May 1, 2013 (the "Prospectus"). You should read this Supplement together with the Prospectus. Please retain this Supplement for future reference. 

The following amendments to the Prospectus shall be effective July 1, 2013:

Mid Cap Growth Stock Portfolio

The "PRINCIPAL INVESTMENT STRATEGIES" section of the Summary for the Mid Cap Growth Stock Portfolio is amended to read as follows:

"Normally, the Portfolio invests at least 80% of net assets (plus any borrowings for investment purposes) in stocks of mid-sized companies. The Portfolio considers a company to be a mid cap company if it has a market capitalization no smaller than the smallest capitalized company, and no larger than the largest capitalized company, included in the Russell Midcap® Index at the time of investment (as of December 31, 2012, from approximately $322 million to $25.5 billion). To a limited extent, the Portfolio may also purchase stocks of companies with business characteristics and growth prospects similar to mid cap companies but that may have a market capitalization above or below the range of the Russell Midcap® Index.

The Portfolio invests primarily in common stocks of mid cap domestic growth companies that are expected to experience solid growth in earnings. In choosing investments, the adviser evaluates the extent to which a company meets one or more of the following criteria, relative to the valuation of the security: (a) the company should have or should have the expectation of becoming, a significant provider in the primary markets it serves, (b) the company should have some distinctive attribute relative to present or potential competitors, (c) the prices of the company's products or services should be based to some degree upon their value to the customer, rather than their production cost, (d) the company should participate in an industry expected to grow rapidly due to economic factors or technological change or grow through market share gains in its industry and (e) the company should have a strong management team.

The Portfolio seeks to reduce overall risk by diversifying its assets in an appropriate manner. This diversification will span economic sectors, industry groups and companies. The Portfolio's sector exposure relative to its benchmark is driven by the adviser's bottom up stock selection process. As a result, Portfolio may at times have a relatively high percentage of its assets invested in a particular sector.

The Portfolio may invest up to 20% of net assets in American Depositary Receipts and other securities of foreign issuers denominated in U.S. dollars.

The Portfolio commonly trims positions as valuation appears incrementally less attractive, and may sell a stock when the adviser's investment thesis is no longer valid, typically due to an erosion of company fundamentals relative to expectations or when valuation is no longer attractive. The Portfolio may, but is not required, to exit a position if the company's capitalization grows beyond the mid cap range."

In addition, the "PRINCIPAL RISKS" section of the Summary for the Portfolio is amended to delete Derivatives Risk as a principal risk, to delete the last sentence of Equity Securities Risk, and to replace the last sentence of Foreign Investing Risk with the following:

"ADRs may be subject to certain of the risks associated with direct investments in the securities of foreign companies, such as currency risk, political and economic risk and market risk, because their values depend on the performance of the non-dollar denominated underlying foreign securities." 

Small Cap Growth Stock Portfolio
 
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] nmsf_SupplementTextBlock

Northwestern Mutual Series Fund, Inc.

Supplement Dated June 3, 2013 to the

Prospectus Dated May 1, 2013

The following information supplements the Statutory Prospectus for the Northwestern Mutual Series Fund, Inc. (the "Fund") dated May 1, 2013 (the "Prospectus"). You should read this Supplement together with the Prospectus. Please retain this Supplement for future reference. 

The following amendments to the Prospectus shall be effective July 1, 2013:

Small Cap Growth Stock Portfolio

The "PRINCIPAL INVESTMENT STRATEGIES" section of the Summary for the Small Cap Growth Stock Portfolio is amended to read as follows:

"Normally, the Portfolio invests at least 80% of net assets (plus any borrowings for investment purposes) in common stocks of small capitalization companies. The Portfolio defines small capitalization companies as companies with market capitalizations within the collective range of the Russell 2000® Growth and S&P Small Cap 600® Growth Indices. As of December 31, 2012, this range was approximately $28 million to $4.7 billion. Some of the companies in which the Portfolio invests may be considered micro cap companies (defined as companies with stock market capitalizations less than $500 million at the time of investment).

The Portfolio's investment process is derived from the observation that the quality and persistence of a company's business is often not reflected in its current stock price. Central to the investment process is intense, fundamental research focused on uncovering companies with improving quality metrics, business momentum, and attractive relative valuations. The investment process is aided by a proprietary screening process that narrows the investment universe to companies that are consistent with the investment philosophy. This multi-factor model is employed to systematically capture business improvements and identify relative misvaluations. The investment team conducts fundamental research on companies elevated by the screening process. Research emphasizes the sustainability of a business's competitive advantages, revenue and margin drivers, and cash generation capacity. Other important considerations include capital allocation discipline, off financial statement factors, management track record, and analysis of products and competition. Valuation analysis is an important component of the investment process and consists of both cash flow and earnings ratios applied on an industry-relative basis.

Portfolio construction emphasizes stock specific risk while minimizing other sources of active risk. The Portfolio is structured so that its sector weights are generally similar to those of the Russell 2000® Growth Index, the Portfolio's benchmark. As a result, the Portfolio may at times have a relatively high percentage of its assets invested in a particular sector and may hold securities which are not represented in the benchmark. However, in constructing the Portfolio, the investment team monitors different sources of active risk including stock-specific risk, industry risk and style risk. The goal of this analysis is to ensure that the Portfolio remains well diversified and does not have unrewarded or unintended industry and style exposure as a consequence of the bottom-up stock picking.

While most assets will be invested in U.S. common stocks, other securities may also be purchased, including preferred stocks, rights, warrants and securities convertible into common or preferred stocks, in keeping with the Portfolio's objectives. The Portfolio may also invest up to 20% of net assets in American Depositary Receipts and other securities of foreign issuers which are denominated in U.S. dollars. The Portfolio may trade securities actively.

The Portfolio may also utilize exchange-traded funds and futures as part of its cash management strategy.

The Portfolio may sell a security for a variety of reasons including when it no longer demonstrates improving quality or exhibits strong fundamental momentum, when fundamentals have changed, where the risk/reward assessment is no longer favorable, or to redeploy assets into more promising opportunities. The Portfolio may, but is not required, to exit a position if the company's capitalization grows beyond the small cap range."

In addition, the "PRINCIPAL RISKS" section of the Summary for the Portfolio is amended to include the following as principal risks:

" Exchange Traded Funds Risk – Investing in exchange traded funds (ETFs) may expose the Portfolio to greater risk of loss and price fluctuation than investing directly in a comparable portfolio of stocks comprising the index due to lack of liquidity, the additional expense incurred as a shareholder in another investment company, and tracking error.

High Portfolio Turnover Risk – Active and frequent trading may cause higher brokerage expenses and other transaction costs, which may adversely affect the Portfolio's performance."

The "PRINCIPAL RISKS" section of the Summary for the Portfolio is also amended to include the following sentence at the end of the Foreign Investing Risk:

"ADRs may be subject to certain of the risks associated with direct investments in the securities of foreign companies, such as currency risk, political and economic risk and market risk, because their values depend on the performance of the non-dollar denominated underlying foreign securities."

The "PRINCIPAL RISKS" section of the Summary for the Portfolio is also amended to include the following text at the end of the Active Management Risk:

"In addition, the value of securities identified using quantitative analysis can react differently to issuer, political, market and economic developments from the market as a whole or securities identified using only fundamental analysis. The factors used in quantitative analysis and the weight placed on those factors may not be predictive of a security's value." 

XML 13 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6

Northwestern Mutual Series Fund, Inc.

Supplement Dated June 3, 2013 to the

Prospectus Dated May 1, 2013

The following information supplements the Statutory Prospectus for the Northwestern Mutual Series Fund, Inc. (the "Fund") dated May 1, 2013 (the "Prospectus"). You should read this Supplement together with the Prospectus. Please retain this Supplement for future reference. 

The following amendments to the Prospectus shall be effective July 1, 2013:

Growth Stock Portfolio

The "PRINCIPAL INVESTMENT STRATEGIES" section of the Summary for the Growth Stock Portfolio is amended to read as follows:

"Normally, the Portfolio invests at least 80% of net assets (plus any borrowings for investment purposes) in the equity securities of medium and large capitalization companies. For this purpose, medium and large capitalization companies are those with a market capitalization of companies in the Russell 1000® Growth Index. As of December 31, 2012, companies in the Russell 1000® Growth Index had market capitalizations between approximately $400 million and $500 billion.

The Portfolio invests in stocks selected by a team of core research analysts, with each analyst responsible for investments in his or her area of expertise. These analysts use a fundamental, bottom-up research process to identify investments for the Portfolio. The analysts, under the direction of the director of the core research team, determine the Portfolio's allocations among market sectors. The Portfolio invests in those companies in which the analysts have the highest degree of conviction or have identified the potential for a strong near-term catalyst for earnings growth or share price appreciation.

The Portfolio seeks to reduce overall risk by diversifying its assets in an appropriate manner. This diversification will span economic sectors, industry groups and companies. The Portfolio is structured so that its sector weights are generally similar to those of the Russell 1000® Growth Index, the Portfolio's benchmark. As a result, the Portfolio may at times have a relatively high percentage of its assets invested in a particular sector.

The Portfolio invests primarily in common stocks. It may also invest up to 20% of net assets in foreign based companies listed on foreign exchanges, either directly or through American Depositary Receipts (ADRs).

The Portfolio typically sells a security when the research analyst responsible for the investment believes there has been a change in the fundamental factors surrounding the company, the company has been fully valued, or a more attractive opportunity has been identified."

In addition, the "PRINCIPAL RISKS" section of the Summary for the Portfolio is amended to delete Derivatives Risk and Exchange Traded Funds Risk as principal risks, to delete the last sentence of Equity Securities Risk and to replace the last sentence of Foreign Investing Risk with the following:

"ADRs may be subject to certain of the risks associated with direct investments in the securities of foreign companies, such as currency risk, political and economic risk and market risk, because their values depend on the performance of the non-dollar denominated underlying foreign securities." 

Large Cap Core Stock Portfolio

The "PRINCIPAL INVESTMENT STRATEGIES" section of the Summary for the Large Cap Core Stock Portfolio is amended to read as follows:

"Normally, the Portfolio invests at least 80% of net assets (plus any borrowings for investment purposes) in equity securities of large capitalization companies. For this purpose, large capitalization equity investments are those whose market capitalizations are above $5 billion at the time of purchase.

In choosing securities, the Portfolio's portfolio managers first identify structurally attractive economic sectors they believe can support longer term profit growth. Using fundamental analysis, the Portfolio's portfolio managers then seek companies within these sectors that have dominant positions and sustainable competitive advantages in their industries, superior management that productively redeploys cash flow, sustained patterns of profitability, strong balance sheets, expanding global presence and the potential to achieve predictable, above-average earnings and dividend growth over the next three to five years or longer. The Portfolio may also invest in companies which the portfolio managers consider undervalued in terms of earnings, assets or growth prospects.

The Portfolio may be broadly diversified, potentially reflecting all sectors of the S&P 500® Index. Bottom-up analysis, the adviser's economic outlook and/or absolute valuation determines the relative attractiveness of market sectors and sector weights may differ from those in the S&P 500® Index, reflecting the adviser's view. As a result, the Portfolio may at times have a relatively high percentage of its assets invested in a particular sector.

The Portfolio invests primarily in common stocks of U.S. and foreign based companies listed on U.S. exchanges. Up to 20% of the Portfolio's net assets may be invested in foreign based companies listed on foreign exchanges, either directly or through American Depositary Receipts (ADRs). The Portfolio may invest in both dividend paying and non-dividend paying stocks.

The Portfolio employs a "buy-and-hold" strategy, which is an investment strategy characterized by a low portfolio turnover rate, which helps reduce the Portfolio's trading cost. The Portfolio typically sells a security when the Portfolio's portfolio managers believe there is a significant adverse change in the company's business fundamentals that may lead to a sustained impairment in earnings power, the company has become grossly overvalued, or more attractive alternatives exist."

In addition, the "PRINCIPAL RISKS" section of the Summary for the Portfolio is amended to delete Derivatives Risk as a principal risk, to delete the last sentence of Equity Securities Risk, and to replace the last sentence of Foreign Investing Risk with the following:

"ADRs may be subject to certain of the risks associated with direct investments in the securities of foreign companies, such as currency risk, political and economic risk and market risk, because their values depend on the performance of the non-dollar denominated underlying foreign securities." 

Mid Cap Growth Stock Portfolio

The "PRINCIPAL INVESTMENT STRATEGIES" section of the Summary for the Mid Cap Growth Stock Portfolio is amended to read as follows:

"Normally, the Portfolio invests at least 80% of net assets (plus any borrowings for investment purposes) in stocks of mid-sized companies. The Portfolio considers a company to be a mid cap company if it has a market capitalization no smaller than the smallest capitalized company, and no larger than the largest capitalized company, included in the Russell Midcap® Index at the time of investment (as of December 31, 2012, from approximately $322 million to $25.5 billion). To a limited extent, the Portfolio may also purchase stocks of companies with business characteristics and growth prospects similar to mid cap companies but that may have a market capitalization above or below the range of the Russell Midcap® Index.

The Portfolio invests primarily in common stocks of mid cap domestic growth companies that are expected to experience solid growth in earnings. In choosing investments, the adviser evaluates the extent to which a company meets one or more of the following criteria, relative to the valuation of the security: (a) the company should have or should have the expectation of becoming, a significant provider in the primary markets it serves, (b) the company should have some distinctive attribute relative to present or potential competitors, (c) the prices of the company's products or services should be based to some degree upon their value to the customer, rather than their production cost, (d) the company should participate in an industry expected to grow rapidly due to economic factors or technological change or grow through market share gains in its industry and (e) the company should have a strong management team.

The Portfolio seeks to reduce overall risk by diversifying its assets in an appropriate manner. This diversification will span economic sectors, industry groups and companies. The Portfolio's sector exposure relative to its benchmark is driven by the adviser's bottom up stock selection process. As a result, Portfolio may at times have a relatively high percentage of its assets invested in a particular sector.

The Portfolio may invest up to 20% of net assets in American Depositary Receipts and other securities of foreign issuers denominated in U.S. dollars.

The Portfolio commonly trims positions as valuation appears incrementally less attractive, and may sell a stock when the adviser's investment thesis is no longer valid, typically due to an erosion of company fundamentals relative to expectations or when valuation is no longer attractive. The Portfolio may, but is not required, to exit a position if the company's capitalization grows beyond the mid cap range."

In addition, the "PRINCIPAL RISKS" section of the Summary for the Portfolio is amended to delete Derivatives Risk as a principal risk, to delete the last sentence of Equity Securities Risk, and to replace the last sentence of Foreign Investing Risk with the following:

"ADRs may be subject to certain of the risks associated with direct investments in the securities of foreign companies, such as currency risk, political and economic risk and market risk, because their values depend on the performance of the non-dollar denominated underlying foreign securities." 

Small Cap Growth Stock Portfolio

The "PRINCIPAL INVESTMENT STRATEGIES" section of the Summary for the Small Cap Growth Stock Portfolio is amended to read as follows:

"Normally, the Portfolio invests at least 80% of net assets (plus any borrowings for investment purposes) in common stocks of small capitalization companies. The Portfolio defines small capitalization companies as companies with market capitalizations within the collective range of the Russell 2000® Growth and S&P Small Cap 600® Growth Indices. As of December 31, 2012, this range was approximately $28 million to $4.7 billion. Some of the companies in which the Portfolio invests may be considered micro cap companies (defined as companies with stock market capitalizations less than $500 million at the time of investment).

The Portfolio's investment process is derived from the observation that the quality and persistence of a company's business is often not reflected in its current stock price. Central to the investment process is intense, fundamental research focused on uncovering companies with improving quality metrics, business momentum, and attractive relative valuations. The investment process is aided by a proprietary screening process that narrows the investment universe to companies that are consistent with the investment philosophy. This multi-factor model is employed to systematically capture business improvements and identify relative misvaluations. The investment team conducts fundamental research on companies elevated by the screening process. Research emphasizes the sustainability of a business's competitive advantages, revenue and margin drivers, and cash generation capacity. Other important considerations include capital allocation discipline, off financial statement factors, management track record, and analysis of products and competition. Valuation analysis is an important component of the investment process and consists of both cash flow and earnings ratios applied on an industry-relative basis.

Portfolio construction emphasizes stock specific risk while minimizing other sources of active risk. The Portfolio is structured so that its sector weights are generally similar to those of the Russell 2000® Growth Index, the Portfolio's benchmark. As a result, the Portfolio may at times have a relatively high percentage of its assets invested in a particular sector and may hold securities which are not represented in the benchmark. However, in constructing the Portfolio, the investment team monitors different sources of active risk including stock-specific risk, industry risk and style risk. The goal of this analysis is to ensure that the Portfolio remains well diversified and does not have unrewarded or unintended industry and style exposure as a consequence of the bottom-up stock picking.

While most assets will be invested in U.S. common stocks, other securities may also be purchased, including preferred stocks, rights, warrants and securities convertible into common or preferred stocks, in keeping with the Portfolio's objectives. The Portfolio may also invest up to 20% of net assets in American Depositary Receipts and other securities of foreign issuers which are denominated in U.S. dollars. The Portfolio may trade securities actively.

The Portfolio may also utilize exchange-traded funds and futures as part of its cash management strategy.

The Portfolio may sell a security for a variety of reasons including when it no longer demonstrates improving quality or exhibits strong fundamental momentum, when fundamentals have changed, where the risk/reward assessment is no longer favorable, or to redeploy assets into more promising opportunities. The Portfolio may, but is not required, to exit a position if the company's capitalization grows beyond the small cap range."

In addition, the "PRINCIPAL RISKS" section of the Summary for the Portfolio is amended to include the following as principal risks:

" Exchange Traded Funds Risk – Investing in exchange traded funds (ETFs) may expose the Portfolio to greater risk of loss and price fluctuation than investing directly in a comparable portfolio of stocks comprising the index due to lack of liquidity, the additional expense incurred as a shareholder in another investment company, and tracking error.

High Portfolio Turnover Risk – Active and frequent trading may cause higher brokerage expenses and other transaction costs, which may adversely affect the Portfolio's performance."

The "PRINCIPAL RISKS" section of the Summary for the Portfolio is also amended to include the following sentence at the end of the Foreign Investing Risk:

"ADRs may be subject to certain of the risks associated with direct investments in the securities of foreign companies, such as currency risk, political and economic risk and market risk, because their values depend on the performance of the non-dollar denominated underlying foreign securities."

The "PRINCIPAL RISKS" section of the Summary for the Portfolio is also amended to include the following text at the end of the Active Management Risk:

"In addition, the value of securities identified using quantitative analysis can react differently to issuer, political, market and economic developments from the market as a whole or securities identified using only fundamental analysis. The factors used in quantitative analysis and the weight placed on those factors may not be predictive of a security's value." 

XML 14 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; word-wrap: break-word; } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } ZIP 15 0001193125-13-258995-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001193125-13-258995-xbrl.zip M4$L#!!0````(`"I7SD*")K^'2!8``!ZX```1`!P`;FUS9BTR,#$S,#8P,RYX M;6Q55`D``T\ONU%/+[M1=7@+``$$)0X```0Y`0``[5UKD;'(_I<`9D$0\KPQF)#&_?D\W@!D,2;W\5C+9 M[)8X@T>CT8_3C1[LWK\NTT2'`B517FLL]DW@]J,I(FT'OSK MV__]G[U_C$:_?G?R4L1Y5*)J`V&%"_JWW5E:G&859BSDC,E?OU%9O%H1#-<3LI$@*#,[&:I MF7XSF%=5L;NQ<7%Q,<[RLII?*(-^65I7M4S&49YN;&]N[6P^V=P9N'Z71G>Z M7>R,\W*&9IM;&[\>O3R-YBJ5(YUA[BQ2OE>LVEY$Q-BH:#S+SS?P@J;8'FUN MC7:V?/.R7-^Z+-^P8T+L4:==PVP]45/!@^Q6BT)] M,S`Z+1):&#^;EPH[2OLZ\ILVOC3Q0&S8@:(<,G%9"1U_,]BO2UE!(G_;W#Z2 M"^+I;YM;]J\=.R\Z0`1UM7"_\%O']&2J52F8'M59A-^CYX<_#K[=Q#]?/MK> MWMK>VVB[^8$W.B/O%:K4>=S.@^67U3XD_UN[V8]'FQBF?=HT5%GLF^UPLRT: M.@X:[6T$@^]M.!; M;=[['7NT^;?:L_[UV;.?IO=^QG:?W>L=H@79M)VJF357*K#J6J1*N MU0G!@NL=_O%/)V<__')P>G9P'V7SE>.]V^P\G/"29C4.+7'6:SW'XRVMRQ MLZT;;G6R@^E4194^5^]HMLYX=KJRW`6\-P6>U^:-IK$BM#+.ZFI>L50=6%F[ MVS3;(_R[L]5=36>\=KIG>!?3^Q>)G-UAFJE,C+(S=(987<@9`/$=!OZIFI.^ M+X]@Q[7&H2Z`K?D%AOPNR:/7=QC_\Z3ZNA"F6B2P=D?/3KX_/!Z=_?1J5VP6 MEU\+]^"[G\[.?CKB9P,A$SV#M8H4!6Z#SV?5US3&A/XX#B(S<<2AF3@%HY5! MN)?%0P1[T5A0\XV)[[A1T%_B7=#1,>3MP+L)@>+V[FWW-RWF71K^X99?Z\-_,V"ISW#2J9YDN07%%3K;)J7 M*6^W,`TW#*_WM))57>7E0@2DHCF_O-W./:"F`WHP>"CBJU=IV[73#!Z.Q?_G MM3#SO$YB`;,58U9M1+!C53Y3).OB0E=SIJGM/Q:O$H7(&#TKJ;.5OK2**8@N MJ<54E0I!Z;@EZZV8OLIDZ17<>%$*&&KF,DG$1`GES26D,%GET>[;B0)U^[[, M+\"JTXHT_A4V$"3J_/V(V.#5"5SKX2NXV\/C_\#_'AT_7/MB@?'I$5)LAC:[6W)S4,7D,6N@*Y?UH%C_*TD!D:C\4+YC*8Z48>WKZSD-"::HY. M5O.DP+Z]QGJ6.H"@MH\C^Z3&FB'N6X!#M#\P.6S62=C_;^O+1U;SW%,O`@R/ MQN(9KW%?10Q=`RMM%61[^"ZG$W,(UMIU&>AJ=:%4)F11E/FEAO54R4)\]FAS M4Z0Z26CMQ,7/'N/!Q#X8OY62W4X&S]8*'CAA2(5@:%0"C;,Y5RDJ)5.[16P# MC9)EA+W,9+)`MZ'=6B7;9]2HP/+U)%%+XLFSD##A*1ED"(BDL1%LJ++21HT% MB(.\^.%%33]@@;.8E!G,'4+XJRI/1W714E/83#`IN@N9%IU9O:EH5LWS!(O` M^,HVB779-3?V`09PO[M\(.X,1:S@W5*=J>XL7T`%8&XB)PXRS6'CG:P8'M18 M0M;NAM6S'5D/5C#H+D\M[/.]0RLJT#+K%3*[EAVKMU:2MNP"2AC[E/D M%?V&1R8.20A`221F6-N(5@2)KNR>TGL\S=CFS*S\XQ%\$KA1E#I2+.4JTKS8 MJ\7X/=O7+C>-4J^--?]Q#1+S4W2'6L^E9@N&.&0];665I-B6K7% MVB@L2&66J9)V"]+KNVF[LU`!C&FP34*!YWFJ([^]0PP5@SRX*S"M+@PK?&!> MEW;?T!;4$>&-6!B"`/`'1)@=3UPH[')E+>M,9;P:&'<-5H[%8647G1C?7L`R M82>V5_PW.D.-L(.9H,.80`Y$HGGA>=M"749SF/5(^ MQ%+C6).YL70'L/GD\/3'FV'R5<@XAK>'@=N'()VSGAIQ0N:1#-6!$T)Q5DIJ M3O&9?\UJD46ZD-:>0E#;T6C"A%"LH3`VBUC5#RP4/6VA:#,1F^@BD=$575\X MK3ADB:"-Y*Y-0->$4&\7_-P2PY->L=8C&#/UY'<;#Q0Z7GK M`(=M/%&1)$R%"75II1S^3!40![(^#`I4R:&^8ST]RO)L%(/%L,60<@R?\8(8 M-27L/#VY[2+&@W<8)K_D0..Y+,1STL7[$9C>0/0;!JCW-!9=&X?>/?AI4$'KR_UX1H5$S.0$L1!#F0S`&,.`'@1@B$G/#"E)L\OZW!&8^FNR'PY\US)"I:$7WKT*@A*4W`_%C\S@:&OM6YI8S/)4-,;UUUZ9&X,Z5\EE0ZFFR:D";#0A$I M.+@*$`ZGE"]@;E2&09T^HPK].&H6LV-R(4 M1]$T>P>+HW@3($?,*D_RT-L2$.$(+ERVTWPB\:/S\9,REW'2AHN:D&&S4RPH M4TJ9<`J70D$GOMXOL".D_[X2CV\3B;D\UG=-HJ.K71!N;50)W6J4.:^K),_9 MWV\09)V8/*F!PXC]UD8V*0KC\+<-R@+3D%$&A9*#G02%5;-N]$ELB?5TBDV> MEGGJ#*V#,6^VVF'(P^XBS[6Z^(2"SN8O]_#.1SSO)Q*E9?T\/AWS?MT<9G+3 M)L:$10]CUF43'OA]IQ$AUSY*3+NJIZVAFN2,LYTM+"0#5&(+P]BEYSZ._]!! MLDJM9Y%B,*D7(RI/G>=)/"#7`7`]@Q.Q9I9@8A;"*M^`(E]277#K3Y^LA8<* M;#+8J*8Q/B"WO-(9F]Q3EIEIF\FW"^AL7S#<"H=Y;%OF% M*M%!57=3:;Q)7;6^W,'X M]=MK,S80/>`)`!ZVQXP8ELZ][K01]PKI>^[%@"O$;\_JEIO,24IOT=DZG^:# MZ7S.KMGO(D#4S0X%T&@LPAQ4X,DZL:=0-K)TT:05(YK!8LQ6AU/%$7ZF&@#E M]J@M>HK@4D"5'+9!J2M^:J-7U\D#SEWHQL-6'T(8YPK!6'[X@+K]:2DE;C2# M,N`#$<,E)`J1/>19"![\/D205C0#8$8@,0_L(QKZA!DG;@U,R8/X>G[8$!O(LE+NG+TY M(@]%E203TQ6:$R^6E@;^^),]\L4JFF=YDL\8)+G(P664FI#2IS2X6F$&&,>X M3#,\0]JV[XHJEBP#[GQI94MK)/!#9%!H2? MXI*24K20;C[(UO_0*3O;0U>N1)2Z,J"E9-%?M3HA2'I<4W%P;3:%MBMGC5X? MGVAC:L)D85R@7?+(A@P?(7-BG2'V"Q8T->&!@`D\!L2;,]PPN*6RJ8*$4@3& M!"'\T,50-J7!JDT2U:0S6J$+8!D=44`\\2\!1GM(@GEU/`Q2),YBD=(`_72J M'!?=]$6H`X%W8N/&A+1KZDS9KF)--FS(:(K;4VD%@O.2DA@\!7R7;+A&8+KK M.):P%ME14LQ%[DXH//1@Q-4G//J$1Y_PN&O"XY1"T?N7\KB1[#[IL1JI<=KA MFA*'KNF.U92/Z*[OQ6K3C<.OJ&]H3]71(4G<9R-K@^7MNQ2)DB:&!WVM:#RY M6ZDIA26WJ=CG*A!+]P69ZV[*8_NK3L;CT?C+MI[^-$]5-SQ:*:9>%0EG#GU6 M"@(-(U3F2QF+!W:[XC7[88'$%;O"*(1C*"[]3]?7G;0B]N%K.+N(QY?7$R@G MWXD5NW-?$#JAZ-(**.<HZZG5Y'.I;"@L56E*3ZLD-WDQ7[AH M,$4,I41D[@775):Z.R;+91_*\7+*C_VE#*]_>'4T'Q.//C!-8TZNTTH[+,L@3 M\F%]4UYE09\_I64NL+%/M-73(%LT:J1G@@W\>!5#W3,,KKKCFL16L%R:`J$= M)54LE(7S24CN,YWJ/TDT71B>UZ5+YWD3@M8?Z#.1.R&`3_8SD2:DIW**,`QQ MJ>E2.2_CDJWM^4U`^P_Y!52Z'%I(Y[?5E28UZQ@N"SE;*N`_3M:Z$BGV7&NW MU6EW4X4RZHA(D%QK@A^6Z$`D9CG4G7>15;%52PKT,TZQ-3ZYY7X):TTIT`O: M]*"FS=80YLIF#7A;ZJQ4%[(DMY1311\[5'OD%>1-+5E-5D_:0SPXWC]J%<1= M[8=[SI/KZ#46_R'`S2]6W7+3('O.:BY5,G%>JX/@AZOIL>9P#)W]^5@\#/:R MX`_%63/=&"5KXQ#(M:0+0YJ:.C\D?:A'WS]2%2LX[%-:O%OBWPO[Y\Z^.LQ>66_>[S7!+69+R# MJ-VTR(.EC)*0N@I2C[%*V2;R^=\J0.8,_UQ/V"'9LY(0M+5HF4?N)$/9Z%@& MQ_R^5$WV:<.:(I928VQ)5Y@0GK3:/=]=_5+L0Z0UFYMC!L&E,(QHGCYY MM-V^[EX9PW]<]]F;'>*K[:VMH&>0R-5ME:OH6(@'!V$'0J/M1IWYHMIE>0AN'WKF#OG)*Y2, M@JJFM)8DP&:M^8O]DKXN>.T^YK"\#3TLW3!F9'N^;GP9+SLF6R]+'_CPE3"K M);AM\OM]G-2Q\V%[(%%#+SP=R8H1("=YX2Y8\>E@WY*1I_2"DK(3C)LTG=?PU_S0`Q%_8&@*U_KQO;^.J M>_'>T:UY:^Y9?AA>7^-WJ=5J-Y?H]=?H]=?H]=?H]Y?LMJLOS:WOS:WOS;W_43X M_;6Y_;6Y_;6Y_;6Y]ZF:L;\VM[\V]UVLN[\VM[\VMT]T]HG.OU.B<^=IG^CL M$YU]HO,3272^&5'];=E_V5QG?UMV?UMV?UMV?UMV?UMV?UMV?UMV?UMV?UMV M?UMV?UMV?UMV?UMV?UMV?UMV?UMV?UMV?UMV?UMV?UMV?UMV?UOVW^.X]/Z* M77];=G];]AV.^?`L``00E M#@``!#D!``#-6%UOVC`4?9^T_^!ES_DB6Z=6L(JMZU2I+15H:M\FXUS`JV,S MVP&J:?]]UX&PL3603BH$'O)U?.[Q.8Z=I'VZR`29@39+GQJ6&<>Z?O7[YHO_+]NP_]2Y(JEF<@+6$:J(64#!](OT_.E)0@!#R0BRMR MHQ4#8Y0F[X((_T'=U.6`3R*B_+H#=(*2ME8`^C(C;?NE?;!!(I>UD#@8- MD%EN6YB891QY.9&?FM*$ZBHR@)%B9]_=^EPF47&14L M%XA7\A+K;"B`A0690EIJ<'W;FP?]7O6S&($&6#!6LU!K'#%Q"[? M\;%Y]ZX0HR"3S[BQF@_SPAN9#D#/.(.X-8RWFEZ_60-# MJ"]^%4KK@*'T](!G7%!]K>238MG5L.'![)*_BB;90NM!B4%/Y*HNW>\X" M%=U2CCIZN@\\&^;:%,_2E4'4:=#,][`ZRK=/2^WPKV\/[M/1^I,0'OP"4$L# M!!0````(`"I7SD)D=AMO+"8``,^1`P`5`!P`;FUS9BTR,#$S,#8P,U]D968N M>&UL550)``-/+[M13R^[475X"P`!!"4.```$.0$``.U=;7/;2'+^GJK\!YSO M2U(568)D>U>N=:YD43JK(E,.2<>WE4IM0<1(PAD$M``H2[6U_STS`(<$@7D# M)<[T$),/.:_8`SP]F.YGWKK[E[\]SF+O`65YE"8?7OFO#UYY*)FF893"?!I%K_[VG__Z+[_\96_O'Q]'EUZ83N-$-!@4+O^LD;C;Q!FB0H MCM&3Y\USW-PCPJ=Q.@^]`;J)DJC`K_`NH^3[=9`C[^\H05E0I-GKO3WR]!C_ M\#ZFOV)42?[^D?SWAU=W17'_?G__QX\?KW\^=.>?[AWY+]^S,-7N(L] MK^KD+(W1"-UX9?^]+Y[NT8=7>32[CPFD\F]W&;KY\"J9Y3?X,?[1P;N#(_*0 MOPX67Y[^;Y"$9TD1%4\7R4V:S4H57GGD^5]'%VNZ)&E6W/U`>8&R9#8OYD'\ M>IK.]HGHOMI3]U]4@U&4?Q^A8IXEX_D];D?^]C6)@VL4HW!X-9I\^G8VGIR- MAI^_3KZ>7([/1A=GX_.OP\'%\'1S#9_WUNWUP&P69$]+('_/TA_%W;A(I]^_ M8*5NTCA*7T9GE?>\C);$WL-YC,9W08;NTCA$V3E"^BW>=/0:DU20+DOP^S5]J;&[VEFUJ.$Q' M*$2S>^+K]&C;Y8W;&,.3M`CBRC$P1]3'(#O%]E4\=PBKO^>%M<23JN"6`6); MGW?C%VZ+5P:H"*)XZ[2B])H7TC'*IW&:SS/4?/T@*(*SBM#SEY\^O,QKZWT0 M9%/5;N#,-^FLETPTWY:]OFHO3&=!U!%RN[5&O.@FF,?%QH!I\ZTC+GMF;X9FURCKB':]Z;:1 M!G'<#5_98($*+X^]3W0$UY>\_W82Q_]>+G(I]G#Y(UD.K^%'CP5*0A12# ML03V-:!:N=^3Z[S(@FG1!L:26<>V^OHGV3I*/*SH`QT(X*/SPJLCF:/7'-"GP`%TP#C8V=$O^L32!?<;H M7AG'17*'LJCXC[*@O@"6^/C?Z$G+LB6G":4)_@CAN1#GL?!+0-=XW?=J`8HGV;1?=WE ML,"MB6G"B%>1Y%!@_#2[3F,&N,;OFNWWE!Q%X.Z0F.^ZF&:,9S:^!?:?[<#>H,0%^&.X MX!F<29GH0'&Y#&0OZ7EGUJUEL]]8-I/'[U?/]U8O\/Y8ON)/+%1_C5>]QZM> MY)$W>>15;E/*;4KMWJ:4LSX3NUOMDS_RE]]6/33!'_-Z&IE3EZ1KF3,49C*%:2VV?@BLRD?V;"9ZL%>^61O]>A=)BG5;9#:ICC] MT\ECE`LV1+@MMFE4S,/HAFEQ^KHY>^7B[VAB@]+.O<^EG>>>LR&;1^O6D0\6 M%Q*X0`=K-Q:V1$VM^Q%U$^K0T4V;HN`=2T&U,)@L)4:%LG(0XL7`9Q20"U<, M6Q?(`>8C`>KF+K-C(2`V\J*C41=&)NT()77@/+G!PVH2/*+\*AF0DZ& M:?YY;=&T@BMM8!3U21*.@QAU1]]L:([[I0.0;H)F=V$`_4+81+=!O$U9$M9Q'6D@`\)6/B[6@R;C*F;TO@V:-ORW?ON`O^ M]9]?<#^\N@=[\/8=[F'3#'Q-`LY:7&Y'9PKM[)VQ)I2[P<-Y\N MB.'8YW-S6\;LVE/R81<6V^XU*!L!"O@Y_=YQ"Q;@U;`>N1U(!+WSE[_>NLM? M_;`OP\&+BM@^H?(&N`C:4D0'LJOK?U87H[G`VA):<7W)(C+,>!?FQ*):D8X1 M=B:A(E:6L`ZTBQP^W*_=_%TCIF&0D3Q1#TC0?P)1;5/R5<*NTX`5:2F0,X"Q M9$-!CTK$M5A0,T$8MU_YDEI.4_DIS62]W*&I1HL[3],B20N,06IQ+%&-2'.\ M3D%9AD*2:NM6!;"@A4[RR$8W0:9X-5] M^H#X-,67-()3T*\B62VKG`([,73[Q.W*EH!.5"H>6B2K:T]*N!NEM>?("U5Z MC2>G"Z.*I^3)Z<(H]XIL*1WX:+;DDR2L714M&9`[&%7::+ZKKC)4)>(Z>UL% MKDA6)U;I,-#ZS>E+9;,[GIQ.C"J^222K$ZO<1_$E-=NZV#E!\4CERSNZ)6X; M$]@[0-:,]'.0?4=%F=RK`VBU5B9Z6L5/J+0Q@5WN-^0MH*;28)\"&[]#K(*[ M?4@,/_6@^.@8?OI!V7$R_!R$C/-F^#D(Q:?0\/,0"HZGX>!E]H$Y M5<$*EA8'` MG>IC!<<+#N"I'E9P//=(GFH!F]WY1_44/VR"%QW@4PU@\WOKA)_"ADWGHG-_ MJ@%L-E^['$`APZ9KWK4!BAXV,?,N%-`]2M@\S+YL0+'#YER5JP=4$]BL*[F- M0)6`3;JB.PI4`]BTV[K$0&'#YEK>]0:*'C;EBBX]4`U@4R[_,@3%#YM_I035LUVU)?\$"9T4,R&7)?7:67.TDLTF:6N6?J*1YYC/<'SV#^W.E$B\:76*!R(^]*`4/;;<7XJ.S= MPM\5*MQ-2X+).JX@H8T%"7?;%GJY#;8=G*[PH"L\"+)6GRL\Z"9;O9MLN0*# M-A08M'WL]_*(1`F3*R1HZ!)0+PL)VNY'8'*H*QAH;\'`GEC$KA^U/H=K76%` MD/AWHC!@3]P+),)M=#6_=AI7<)NFP2H%*$$,N1X@![JS+6BC6`O*TS2>SY)A M,&/X`H&HGI2GC]%L/CN=S^9Q&>A4[HY66:6N'E!V=7.#!WIR^R6+I@ST'9N# MT*BX8YU'*#;3J$$-P,7LGKBPJ^3+/)O>!3G*U;]-U\=HU)`F,=MHS*DU!J"- M<+R)&YD9;5?)"$7)`V&7#35:!GF;)/UGL"4J[:B$4P)C1\/*"O1<68((8OX"RE6#3((:<4[*=1UG@@A MZW@G!=4FC!#RDK^(6FO#T&C:EDV'8==9(X2LYFJZ"J>3$!*;;Z`&C)3F:L`% M$U(0>99:Z[4!]Z\A;;][A=K)9+TN+L MQ46AN&0LSE#\2LO3-QF`RE4O58G.JEKY922^WSUP2 M%Y?$1>RWH,6&N20NNY_$I6_4`W4KP:5W<1,R=TSC$K^XQ"_]2/RR>QX&)N^Z ME##VIX3IK:WL^M&Q2Q;CDL5`3A;36\<#B:1;7<]/P2$0U9U*1HH:EFA,)Z`LJ3X+8T$W(M4!S[SI/4@;.^X4SVFU'V$$V1?WCMRW"K MM]2MQU4VCF91'&3#-.FJB:RM#EU.T]E]FN`!X9?A2G0(BU10:*(5^6%WY/PF M6I$?=4?.;Z+%+ZKB-8KR9/K[/,I02%BPC-9+0A7,BLWTI%>1PS6%#7?-MR`B M(>+9"$6SZWF6EXPBPJK21@?V(2I4NI8C9B[\5'6N+9R*&-\.[Z`(?Z("(:N) MJA;JTQ8(J4TVT4HVA8&0T415+X5Y#81,)IW5X4]V(&0RZ:P.?P8$(5F)LJ>6 M*&$T58FJ$HHS)@A)3%15$N`WF[]$50&5J1:(Q":J"G$F8ZVD)L!C0'=OK\_% MXKB$&\Z27"R!2\5A72J.W3.A7M[^=$DZG$VX.U@N?0>XN[^+,7[V&,SN8S3) M@B0OTQ^K&M*;=4-:/,Y;/,_[8_7$/\&8$;!P&Y>YP^;,'3ME0,:':N\V"ES2 MCAZ9%TQ^7VFDO5X5)UB%T6M,@=` MHN;U_N>G*>#)Z<[%(<8+.1$'&[DS-@N&M0Z,'Y]^14$FRKXAD]>/F2`X\&5( MJ90A?$=*^%KQJ-KPO57"UPK$U(6/Q(+)\9F-&%,B!9GY&-^BV4P1:ET0HL4W MA7\$(RQ\4_AO841_;PB?F&XSVAOX!?:=FL>X.X,NN-`9D;OXY.(*;8HKW"GK MZ>5YM0LI=.;@CHY<-"'>N#OAB7VUG5YNX+G(11>Y*/9FT"XO MNLC%OD4N]I60H&Y1N*!&-WF#M^6PD^='+MYQS4Y=O*/C:,?1+A1R%T,A>V]! MNW[4[:(D792D/5&2O7='D`B=_VE4H\[8;*V+V1K? MYGI9!>'&DCY?+9`QIL]7"V3LZ;/5LCXF=7>G>NYZJ0M7=?;E+L*Y2-:=C&3= M7).*%AV]8Y9 MF+9\HK=XI,>S'^]_Z9/_;Z?/LXPOX4!=6=FU.-==LR'CH[5W&PXNGK5?%@:3 MI5S?*O9:T*Z-NOC4W8]/[1?Q0-U"<'&H;C)F;DM@ M)X]R7+SIFCVZ>%/'N?WB7!=7:G]<:4\M9=>/BEW\J(L?A1P_VE.W`XF@:1>4 MK^0'OG'$=$>#"M%"#@!E`G>V9L.HWM+.?-E[5;>=!N5U.L8N/$M(.SI!+"E/ M3C?&"VQW9?<,@D("LR&J&ZE_?,R(5&Q+&,#%B+1M2QC`=2C%U3KTT(*+$>'; MEC"`ZXT45RLF3PLN1F1Q6\(`KG=27.^,X/I)BNLG([A^EN+ZV0BN8RFN8_VX M#O',28RKDC"`2^+O*PD#N"3^OI(P@$OB[RL)`[@D_KZ2,(!+XN\K"0.X)/Z^ MDC"`2^+O*PD#N"3^OI(P@$OB[RL)_;A8F4C:$@9P2?V];\3?^U)_[QOQ][[4 MW_M&_+TO]?>^$7_O2_V];\3?^U)_[QOQ][[4W_M&_+TO]?>^$7_O2_V];\3? M'TK]_:'13%,J>^;,C4;CEU+3:%Z;0K2+2:NN80K>*2:O=90K=*BJM-J`I M=*NXM-JCIM"M(M-J&YM"MXI-JYUNNDRRBDVKS7`*W2HVK?;+*72KV+3:4J?0 M+6/36O+>0\O8U*\EO[:,3?T5FQY:QJ;^BDT/+6-3?\6FAY:QJ;]BTT/+V-1? ML>F196SJK]CTR#(V]5=L>F09F_HK-CVRC$T/5VQZI!SA9CA1ZJY=@7V='6S[L[6<2+9?;WAF02WSBV=V5G*9_W)IJJ\L>#X MR57+9LR*ANC.<7MZ;V5+""5=\SA6?@UBOS16?DTWC].?4=\P#9 MS]6#.A,(F?>>K\C;]A+`2D5\(.GXGJ5(TT-!R-+W+(78F1[?J>YMFH[7Z,-D MUEV&=?&USKC<3;Z>Q0Q:$T7;!S-QEV?T&\X+W%ZQ)N[6V5`OSZGMS.]@<7@N MG9*.HOQ[904#5`11_#4I/YZZF?WLD9LMU

M43O3^6S_R3&_&^ MT^=PQM=MH"Y4[4H<[FY:D/&QVKL]!A=PVR?[@LE0[G(O[W(OY$C;/EI(+U=' M[A:ON\7;:6'J;O&"468KMWC=Q*PG$S.7\L2&\.G=M(A>GHBZW"9KUNARFSB^ M[1/?NB0FXB0FD&.=>VTGNW[APF4K<=E*((:Y]MKI0"+GU0?@Q_"Q9'1'K_)Q M0@Y:;:-VU@5Y'&\;6]5IY0"=X"_\$3__NP@G6]Y7QR-6!(Q!#W;937MP&Y5F**2_)>8&44ZV0C`A M-BUI$!3!8B7X[/1Q=GX_.MP<#$\9=G5,;&K MYX?U!7T*LJ_XBKWJ35[W*(^_RR,MV>7O.^*H,U&G:SH2Y]-7(C`_G MWFTRN$@89X([P'/]N9,).CBFKT;3RWT)T]_W>+[ MCX[E[U_)N&NS6J_-PL6\,@GC:3[5^[F)V5Q&3V7,*]-S.T?63@Y@SJA=^#DO M_!QTU),S(G=P[B+4782ZBU"W6ID=C%!WS&3/],X%U8$.JG.FU.OK+"[NSL7= M@8R[])[:">L(W9+U7Y`4PV#6=!)\,;VK`7;)O>;O M+W@*.;^_K\83+Z"1+Z;7B7Y"01@EMZ*!M131@>SJ^I_XBT0/B`NL+:$5UYD88:X(%;&RA'6@/7N\QY-0_M=N_JX1TS#(LH#TC:#_!*+: MEF1W:8PG#N<(Y:SQ(&5XA%=2#]'#Q&L_GL=#Z;Q^77+'4INL5U/&>@[-@>A47''.CM0;*91@QJ`BUE96N0%0S4B$VK?9V,IVF\Z18=,E)GJ."L?LM%#:"5@&CB3D6QQ4QA;2L2.X1 MF1TGMXO9,G^>RI8W<#D#9`YZ- M^(?7O@RW>DO=>EQEXV@6Q4$V3).NFLC:ZM#E-,6SWP0/"+]T`W0(BU10:*(5 M^6%WY/PF6I$?=4?.;Z+%+ZKB-8KR9/K[/,*KA_-Y$A*;PAY#!;-B,XW[3D*X MIK#AKOD61&15@J>LT>QZGN4EHXBPJK31@7V("I6NY8C!Z%UR0G%U,T'9+$H" M]N1IHX=H.8>AR6$F\RQ),1KN;B]?T@A.P<:O2-8(UA'[B(LMIM&;G:=ID:0% MRN6[Z"Q1G7Z7[C]5^S0*@`4M=.(>D37[U4UM]:Z"7=Q*(_Z/&0J^WZ=14I"3 M>K)NYO,>4]8(UL]10E;Z%^5.7IF`"U43B9,9@:6@@?0)&O6BHV"2!6$U%\)S MSUF4D^MA_*\A::75!M!]AG+&69H.L_(WKUHMZE38^TKA2'Z08;$QZ`\9CG+BVB&R4>V;."V,KR&D*O1 MJ;'6]42]?S\%&%61!6F&)U9!]K2$B%!RD4SC>>T.%V/9T?U1>KU`7N#^#2?I M"-W$:%J<8CM``F\L:*$3]S`M3E/\WG@!A9CR8(XF:7-,\17I\`BMO!+,[F/I M]8ZFF'Z$'Y]^10%_82(4UH^VP]4400M3OTMJL/IT\@:"A62W4/`2K!0#< M4L_!:@$`M]2CL%J8QRWW-*P6^G%WV+`3M-"/^S1.G M"Z.*)^+)Z<(H]SIL*5WX+M,+"X2$M,8#M`]'ESXJ4_X#T54S#FW=E4: M:;,:WKQ_[4=M:`37_)J_Z\+$1J+G_1_Q^NHNR(J3)*PE`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`C2 MH:F1<=7M*BNWC0GLRY5^M>QDWU.EB[2-U[9ZWFJT_SI\>U.[*TT<\ET6>0LM M.VL/F#=ND=KE.(&L*:RBJW)B<4.(.6L&Z,'A-_\]&N$XI#K>J4-C*(6 M.&&5-B:QFZW5'U,"Q5"3:/ M*U62I:K`IO3G5XZE>L(F?F$Y6:H"[&E`H^(L!0V;^P6%:.GJ#C;]KU6KI9"M M('QV"5NJ@A7T7J\L0H'#IG)F^5L*'391\\OB4ORP65E8*Y>J`)V->35T*7[8 M+*M>2Y?J`YMRNU34I1K!YF.%`KMTYQ(V+RO4VZ6*P&9KA?*[5!'8G"V%#YNY M%4OT4F5@<[D(.6P65RGG2S6!3>:<2K\4/&PFWZC,+U4--JE_X9;_I?AA4W@+ M?_L\X`UL[FYI,*H?][Z!S=>",L)4`=@\+2\K3/6`3=AJ)8:I+E;P-;/P,-4` M-F]W+SQ,]8+-XFI%B*DNL$E=K2`QU04VBW>J2DQ5@DWL:A6*Z4T7V!3?J4PQ M52R2M%4"]C5JSL396!S965(I=-CLSJ`&Q^ M;I+G2^"PV;5='7T)'#:_MLNG+X'# MIM5V??4E<'MXM"K`O@1N#XM6%=J7P.TAT*J$^Q*X/<19U7A?`K>'.:LB\,LL M7O8P9U4E?@G<'N:LRL@O@=O#G%6=^25P>YBS*D2_!&X/`UY@2>OJL!O,:8T[@2;H: MP&O,"3P;USKPPQIS`D^Z1<]9!/?W?.#IMJ@*W$M\/O`T6U2!JE+C&)&3+A1V M*\RX5!4V^ZY4+>]ZT/J3P[0HLRVC\")95=JH:06;FLGECTE*#I$C4%8'/VHH(SN[S]4@?8]+V\+<'4I3&>8!.Z6)6: M&K#I_3+](1U4P#-RT2_!5&5]3`%/SR74I*8%;`J77:SU@>?F:N(G-XSXUXM\ MX-FYFMK4+G">EEFA:G-#X&FZ2M##=(#"^91`PI-#D@&%IDR9!(^H_EU@TWGS MNWPE"7DJ+CDGN:SP8G'==<%F]J8ZY96\&#T$23%)\9>A"?MJ"L'F]Z9"5PDJ M5R)7-R'JN MIBK+S99JQ<\.DZ!KX\Y;`,!3>7$[@_5=[9I*\'>@@&?O8I1#;Y7"`Y[#BZ4" MHQX>\#1>#"T:JS7@^;L8"C12S/C`TW?Q-*@=N`%/XL71H'Z>#SR5%T.#<532 MX^(B?TT3V-3/T(0=C>`#S_)5BW@?HP>4+&O+-WD">&8OKAX,L@">U8NGRGKH MHP\\IQ=/BYH"L#F;H0!>;9W]/H\>@AC/VYO:P";PR5V4%4]\ZX9-W@WT+)N& MS=WK"C0L&7C>KG7L-=BP*7H)6V2UJ\Q=O^PW5+C$_UG]\I>]/6\0S5!"4N][ M`W03S.,B]_;VJI\9[=9TQ\M&E)1)N:N_KFG_X\>/UTF:%7?D[`!ER6Q>X!G% MZVDZVR\[@51EP,O/>896"@]0$40QGF8$9W%9(B]R:M>Y9%W>>1E:T,"KY?7.@/_=U"DR\]YEZ&;]9&0H^GKV_1A M/T31/KDZ2?ZQ1_ZQ=^#O'?FO'_/PK_A/OPW2Z9S`JFVMT#^=/$8Y?4%,EED? M7BFUV->+?%".;P%0*K!5(Z/C>B^LQO6ZH77H:6)V+/34U)RAV6EHE^@VB,\2 MK-(3Q[!:$IH,J7HEUXS6?S9L1)Q>I$:SCG5A,HZ;@)I,EE7C,LN:PW)]]_@S M"H@"#+,1R+V0\73$R+0BH:1!@Y+V!:_W7R&HSFJ>S]0HG!9IE."KP'-T^HZLK=)HF"5XN\3,Z_X*^ M9ND,YWF:H?>O]\G_[]`Z)T6BL_4_XB)?H_.D(#Z+Z`ZCO_T6)?/=7>IA&2?? M;Z,<(U*I)/_I*8]_>75?%`\_[>W]^/'C]8_#UVEVMW>POQ_L_>W+Y^O9/5Y% MNW%"RDEF^!4B]C_E;./G=!85[(P:AS_=9LM-`8=[6U]""_IK=V.V2S?M!@>[ MA\'KIWS^JJRB1OFO-B=#]L82^\9IE/:T`-[I!T='1WML[RL2,X1^SM(EOL(+ M1/_]]>I97'JX!"LKQ[/7=^GC'CF'@_W@@/R[2__=W0\J:?^09;\3?/,'/"O6 M^4UT6X>$G<,OKWI[][:UH0:M^F0X3]?9K%L$^T?D1BL(E7RK)2F2ME6<[/YZ M_0K%87HC]= M:,P[T5I=43!-Z_H59W$Z_Y3,3\F%2"!PQV:JTER7L)*W7=3:E]L1V8'H'I<8 M<*/0YT$8>U-@?$J*N'B^PG7DFXS%0N80A@JNA[#^C>@&%RS( M3KU&015NLR2<$`BS:'E.QIY/_XV?N2CT;*:Q('`)"4/715AM0&P+(IO<\2`X M_2X0DJ";(N*8]$ASVBN=+:.[CH"=?6,)X+J`4;Y==+C]B>AO%W)SS[6661A1 MX_*>XGR6Q0\T+R!2N64R66R.0V#-FQX:TC76;+CL"=O:-)8#K`D;Z=M%A]1.5OUV(S3W76F5A1$W?`IS0Y"1!2G('T#:9 M>@/`AC(0R]X00OAX;NSNGI77C].V4WDKO.!.>?+B^_.T;B9)4O MJ)"'^^_V#\O'#&3+[]?KAXBM#C<:G'8UL+T^.<\6:39JAQZ59N. MG^)<,!(26D\=$RFJ`3LZ$CFKQTG?Z&\G!&D&I#]2TI#&-$NGZ2J*NUF4[LZI MI+2=P()1E=T8-KE$H'VF?<7[$34S*,89(XO4]PN.\G6&.1V$R&CT(%GJ%&BP MS/<1-K:C:H?##D$>B<8X6JF`)3JXO8#8#(X0$SV#T$OX$9,=&-U$3]A)+Z$Z M?QD9EGJ.XT6!,Q:@R^24/M"+;]?T^I1_P:M;G'5D55J/SKSK50,H":]P%C*# M$AM$LW--&R=I>;WH-#+T^CK9I>HXF5]'2SR0KNY1X)3QJV68MHY3*74H2N:( M67O%'S]N&AR*%34U`/Z,[Z)E^:2:,S;J[1V+F,`-#$K=PL-KG,6$%G-6U6B(FA3*OD2EUW$S]$@Q51%*WT<9/EE& M><[+W0C-IC_BY#N&?MC9\1*RWXAM<)FY442!]PQ4K(`10FIWW"%-?_?HCD/@ M".C2V"V]28";48[HA!N=@R2X$T8[)U6?EAO<3K: M$9UV+:RY$!L:[7#<"*ZV.]Y=A(?+`346ZI5K:"S$\?.OK([=(5+]HN%?,9N2 MVI&:LW_ZNYX=5]"O>FZ*;[[IB;Y56YWTF<)3Y[WQR0FT$>DO;_]13BWD*]_? M/59XD2,8W7NEA]LM;D47G7:MN2S$9B7_FL6K*'L630Z4V$V&0.0:F(:>FQJ+ M'53M=#Y=2AD4#BLR2>>@C$D/%+DBYO)O]^F2W.^<89R?1+SW4$5& MDW)Q0J>`&;F^C["Q'=$=J-I3XN+F\94T')U\G50&&XBP19"$+[7(;8&`X5?! M"#<=5WU\OC$+'[CA1T6(CU@;,X/8!TS[MN2NZNL$78W8;/3P5>$8:.PJ\A)N M]Z#-+@^Z'%50&J-6#4',S+)+DG6T/%LG\UX5I%W0@.-&S[0;6C6@N7;:;L/2 M%%%;Q`'08:/M+FV4T<:8M=@XZT.6ZV(^WM M/E]&VN*8]$;:&FI9I2R*Z(&OEQ\>IK=T[_8@$]!FOR0J;3I5`B6.*G'FCIFAM(% MVAANQO5^L*<3MSY_NEJ:9/#34T37;9;F'+LV$RGCNP3%JN-B>S6LMGN1D.2' MH4>)./@6L/CX_'<<93IP="QA$.&Z-P%*VU$/E]MG1/?[A`TW-")XA.)80$@W MT2TQAX')4MI;[*V'E7=9<&6D1(`YR(GS".=GJZ26D!V5D9R5S!&GH]IA/=6. M!]DKC0C)^RM;.:RV[]_BXOX*S_&*.959 M6W3+\.I?MB5'P2-K[7(N=JH`=0=]?/;T2J\,I`ZE+D<`S7H,N/[+#H-'U-ZU M7^)5U9MZ<]U71TX'2J?7?-W'6!)S&`HM/=02>^O=]7CWC$L9*1%M[IYX514X M6:;T4XMZC/6-80@35<($7SU?/;HJ"\_8$L5(1)9,*S-OE6_>*[M99TGZB`59 M9+'9Z+?*%8Z!WBH7>0GK%^HVN]SFC57Q:+Q?KJ&%'59$_8_,$(P70_V.Q`^7 M&;C:X[3@$Y]R8JRJ. MKE&ME2DOF>%4`DRGLR1^:B[\25.IP]+GQ4$*BKXW+'YU&^2E;6.O:[=>U';_ MAK;TW6Q;70'UI>P&1$935#;=_`4^2NW]:?;R4+29<-3AUC'/1\N+RI+P6V;KP;/Q))S>(C*9*;W+B M@L!'$P1W,Q+D`>C38'FVP<:M\K999C@5#M.WSQ(_#4C\N8]6QZ7/C8/[Z8UK MQ3VUV&PJ-V;OK85>&LSXE@U+>G.D<`-5EF;Y9T_#'N0YNK7SHS'3NVX9)9@4SQ7VK36<2\FXN6. MN8H8&I,_Q:OUZF2]6B_9?2/[FG.YEMOE(\XN%PN?^JY6^4-_C'(4H0=,SC0IHG(IMDT1B)7Q)S=#^Q$!;H[Q M1V+@!NCBOO>=/LUCC`'&[_/50YKC^67R ME0!S'^4XU^QGAY8Q$==Q50;%=V`5MCBW&*Z.1&F"ML=ZWA./"WT/_?'`F&P* MF_5BAP\T](Z$7-,`8$MH>S$/%=X&P>&@A/\(0LL:& M%5*'`Q'U$4CI@$)72DO#B=4J)FLB&XB,Y\O,.TS; M98G.,&O&]88.ME++T6\TJ=T#O=@D<10VUIHB>[F#B.-5NDX*MBH57N&Y$SPU M@M5X`W`M-Z/&ESFD5UB)W?@5T12N89J:V$W8_-**M_VS,DS- M]=`T1#*-D1@<$%2,P='&P;'24FUMW<@>SV84_XJFXSS'1-%9[Q7T$LW=Y3R@+5.]V3R65':!4&`'"8Q@9+BA>P*"!@.59+[PL M%]<"9J:+@5P4ST%W=LL.8MO=SVH1Y'T4$3?"P04N-I^$$UY+!#9C69"ZA*&! M[R(DF^M/W'IVR9!&I6;$AA::]W^5&D5:1$OUW9_(4TN4EQ9XZ_>$BI8*B8;I M-LIKH+XV3AU`S,;>2)OD-\@;>K#3)CDNW)8;XYM555>)JC;K4T1M!I/K8[3N;7.'N,9S@XN`VD*.D?-A:M MH16#04W;:]BT9,^#*UOT1V*]&_R)`>D"NJ&!JR$<(ZIQ*"^SZW@5+Z/L(DT& M8:DZ$`),O_7,=9WA^ MMD[F[#WX9*Y$3/.8L9@-JA(,:GHNPXT9HG9E-HIF!5Q"-RA8-7B#)30"'_'\ M6Q33>>39%8Y7M^LL9_DQ(7DZ!XS%3K\R,,QI^`OI7)/2B-[AM\Q\EQ MDX)1!:*1`="1P0XHPI5VI)9@L)A:;4?FB`.,^Q5W-"(CX>K MR\P.^OB,J,V.^XY&+TPBI&S)-?#Q`28#,/7X5.DR+'^]?%G<3(FK*D.KLA]( M6_W&!`:>MD,3+;SRT&_7/^+B'M5O$NV@@+5S]P2U8R+BQH0.%IKNUE'X$L/M MOG$>JAOG(2@4A\8;YZ%.XSQDM+B<3&F^>;W6:YUNO<'FKA0NP$+::)W44OLAX.V^>P;ZR>0;[D%34#DTU3^)! M9VB[[Q,O=51DO$`K8:E],D?ARPRXTP9ZD=;$:N4F^0?`(".KC(FFS/77;]@7 M::-9>Y#.E(5)A)I*-LNH#4IYR@^$1\]F*E3J5X&BOUE2G6CJD.I";0M7+(5[ M;[*JIF3TYHJGD7GEF<-#:#XCR_&F[%Y\21:*(Z5#GVG5+'<8_N5R(>3QJTN0 MYWMYYH;@,IH'YGA3=@G>9"C%H=*&SJ!L+OH$OS+($/KXU2G(L\P\N1FZS.:\.=[4-P_>)&/% ML=*ESJ1N#GH%W[+E$`)9[A8^1AG]R$7!/@PL2)P+;,:")'4)T^KY+D*RF7WF MI"@_Z>PD!2X]^QH3986+=9:<1+P%S[D6HU]M%+L#>I&1XR`L M-Z)R*ZHV.TPY2Z+0>$/1<-R-]-Y\/V'UYTN*M>5>N54#T<,ED1$(%88>&@E\ MM-ND!X^!Y+$0H&),`_.-TY/'-M/"[K"1GK-3(AW%:53(VFG'#@(3KFOXUMIV MTVVPV[V([G:-#C]W<#*0[\<+Q7>E_QP`/%.4]291&VH?B!7/$# M,,4'70$&*W[`4?S``\4/E(H?V%:\^S2\OQM(<>"GW;W2^XH?>J`XY\&H+,(V M%'\C5_P-F.)OC"K^AJ/X&P\4?Z-4_(UMQ;L/M_N[@10'?GC=*[VO^%L/%.<\ MYY1%V(;B[^2*OP-3_)U1Q=]Q%'_G@>+OE(J_LZWX>[GB[\$4?V]4\?<+O;2O^0:[X!S#%/QA5_`-'\0\>*/Y!J?@'VXH?R14_`E/\R*CB1QS% MCSQ0_$BI^)%5Q)V=9"Q>WF MW.AIR!4'RKDU'1E1O)=SH]L\4%R1<^M&V(;BLIQ;N1M(<8,Y-U9Z7W'G.;?F M60L5MYMS(PYE.;=R-Y#B!G-NK/2^XLYS;LVS%BIN-^=&',IR;N5N(,4-YMQ8 MZ7W%G>?>M5!QNSDWXE"6*V MV<6R#/N05@.;?`:,XM MX.3<`@]R;H$RYQ;8SKD%\IQ;`)9S"XSFW`).SBWP(.<6*'-N@>V<6R#/N05@ M.;?`:,XMX.3<`@]R;H$RYQ;8SKD%\IQ;`)9S"XSFW`).SBWP(.<6*'-N@>V< M6R#/N05@.;?`:,XMX.3<`@]R;H$RYQ;8SKD%\IQ;`)9S"XSFW`).SBWP(.<6 M*'-N@>V<6R#/N05@.;?`:,XMX.3<`@]R;H$RYQ;8SKD=R'-N!V`YMP.C.;<# M3L[MP(.?VB+/H#C?]"I96DEJ.YD#M'@@)B:.PVHE:E#A9A'WBH;O>R0V`Z:#>A\D="-R]5@E2>OAL-"_HCON?_0 M5VP'#`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`/5C5C*R%X``=F/^T[NR>*XILLFN/YV3J9GZ2K59SGY((M MZ"`5ATS^5*Q&A4"9E7ML?.JW-$.E':*&J&'IOBO5"AWGH[*:"H=>14*@=4 M#Q9.'<L/;M$?5`916#U`=$-`^L0,E-P+N97&/LTV%+O`/VH%_C'(\ MOTP^Y46\(K=8W>NXWB%C41U2(1A&M3R&S`IMS'80,637\!W$;!%!=6OM$,PA MX:N)'"JIF8E\LW($2YT3]'/2>V^JI"!RT)&CI_<-KQ[03+\!CL.-<3F^I.;L MVEYSZQ6M(V+:F"LX3G6CU_]60_IK1"I49%&:S>,DRIZWM<.8SFI-[3[:$2.1JW#ZUVT`+0IP8-QQ.C@]T<5D]`Q?).6 M%Z0USF_2*[Q8XEEQ0H8[6)3SDIA/OSF35P3ZQDS@K7E35IJ@(D65$:JL/(!3 M%2[>O9A:.J.H7:3%24I<+JM:T$'VZ1K?I-V+AH"]`<=/A7%P56'IU'=?XTJ. M0?5!#%IZ&"+'T1^<,8A[B`>'N4_U*"B,8'Y-NO0"WSUO'XF=T``D=&O_&;S* M>/1L#JU*`$VGD?L*-_OK"1VH9>$00+TP->9\:,ME[`68SVF.OZ0)?N[HWMDW MY?66G@NXMUGJHMG+*XC^1FR#0PJXY]Q^3X4;66,:7Z3)G$[`R.-%C.?7Y'*] M[EX,Q693E)+AN-D47/)1_7*E?N6]GX8IF?`(VS19JM(K9\!_N+ MMO_SY7*=LWO2_'^C+(YNXV5IS99C=V([?<$*E&`^$#)1+()TV_X]CHN*."9]+(G.P88+WZ5C'+6<2D& MCACFQ!!5EOZAQP^>DD&QI*9A_!KEQ6G*'K227C4FI>.S-1G\27HXR2$`*"HK M!$ZBV&,+1&J&J%V582PM46GJ!XG*V'%!U-+3"(? MTVC>[0_5YF/YTZT(#'M*;R&Q0,RD!FXS1XF9(6;G$#K=@-7`#1'/*&Q7.,K3 MY!I3]WA^LHSR_#1>+#"=+'5&3NY\M<+SF#2"Y?/7#,_(W\D=:2UQVGW^!E'@ M5&"GGPPLTA/J4T._@\IBT*8(3O\J-CQB1I]8HS3\M?X[A[GQ?^LB7.<+9_% MUR6IY5AF--S#8"-S%%8[T7:O^\N51F!J>FQ+,VQ]37*TSD*/?BA#U+]::`EF'[$A>!E"RR)6 M0J2\@VD@2#9GK;!ORM$GR:HI`YK'`,Q;45<)?.**Q&5KY@JS*V<2<&81.)ZS MHHX;=]**GII6.&S,23UAZ[)V)PKH'`!%H+@R9O#C^..PUYJ$7-GYP)TX6F+H MY.H9(8XYNTA/\7P]H_.@S]*,KGFR623E)GKJK:JC=\A8ZH94"(8[+8]A"=A% MBK9V[+DYM=QI+,C'K!T^+1\2OAK$H9):Z?Q^I2N>E5F(,[KL;[3D?<)#\R"H M3E!>*3,=H<`GIS/\E2V45V6?*EMW'P(9%#IQKZB6U`J.;&;A$C]&27&3DA9Q MBA9H8^\#F:H(BMG44=<*G9<) M9O.:+A?'"W+G1*IR?9_^Z-X`:Q\%Q::B6F;0%#GED$E?D"RGOJ4+%%%K!B>S M]V/BO4X8Q7QJ"&P%S\;BZ)N*L"Z]^SF'`<=!(:JLFAE(Q6XYF#:7T*\I+>U] MX%,90S&A6@I;8?0L38LD+>A]/YT*S7^M?3-_=-R\?CLNH5J&R8"8:51&:LQI MCUL_V_<)1`M`U'.K7\8K!C89$'<*IMN%F2\>/))[DSM\G"1KX^6`LV:HH]+P)R7._?*`^A'30,Y]W\9;"$=A M"\V:@:5PY*[DA#$;G\@2K(2CK9)5GC11@J?(#D!R=GRB1A\8%ZS<1$^?_KF. M'Z,EN9O4!(=W#"!%XBH90XKC4L07S4+6ME[A)@ZH2!BR^B[#Q$P(Y:F.H?/Y$#RF_PB?]Q&.28_ M_A]02P,$%`````@`*E?.0HV;NLK*'P``16L"`!4`'`!N;7-F+3(P,3,P-C`S M7W!R92YX;6Q55`D``T\ONU%/+[M1=7@+``$$)0X```0Y`0``[9UK<^,X=H:_ MIRK_@>E\C=NFY.O63%)N7S*NV)8CJ].[E4I-T1)LJ+1\>=&/W0WO$0^+E`U[PX@#@+__Q,H^\9Y)F81+_^L'_N//!(_$TF87Q MPZ\?%ME6D$W#\,-__/L__],O_[*U]==/XTMOEDP73)E.294GJ'7ST?'1UM%UNKT"R4!=+#^MM_O;J\ MG3Z2>;!5%4!/P_-^29.(C,F]Q_[]/+Y8.4"&'U^RV;]V.^[V9L2/P^SKF.2+-+Y=/%%Q[+?/<137MV?CB[/;\\_7IQ?7)V\YN;>5^PXG/Y\'Z6NE MX#_3Y%O^>)LGTZ\W]$#W210FFSK=+B6]\039A3Y;1.3V,4C)8Q+-2'I.2+:I MLUKK\!LZE>,XIK^?+^+9Z(FD]":('\Y>GDB<;?ZTUBYJ0Z>X+.3L)6!J)VD0 M9T])MKF+\?O*>9>3NT[&9$;F3^Q9!G6BZY2YT8MVDN1!5-[]T@OH4Y">T#LI M?_LUV[VD39T@;8W0=D&[]/>KU.\N@."(]J0']EYW< M8&O'WQKZQ>G)RUBJ?4I)QEIX[)%T24M8*9N\Y"2>D1DOG4E^G\9IF+,C[Q3_ M\[8\OD_S3[J_5Q[`:QZA.`UZ(E$R7=%._SO(D_0MX-+T=VI,LB!:2*&'Q(%4*72'>!D![36IVQFCV/@@,R4/(%,;Y=3`7B&5!'BO)8T4Y+_]3 M>_EVSQS[Y??ZDIK0N^$3W?6K@$H:@>])(96YPHM*O2=I2F:7Y8DII10ZGDEZ MEV2DB,7UD%DCE=EXK/BZQTIQ2.&94A[8*X[LU8?^P1XC7=^EC5Y1_M/Q2Y@I M7JO*:&3/&*/>GCK!3I-Y$(KN6-S8!\N.ET.3+9<+C/*2/`11V9277*BMK<@N MS):^#=N/;G9.>AFN;NJ#FZ)J:^\F7'+?T\.E:BZ46:2=O?TK,K\CJ=A6:&WN M@X^L\HHF0DO=AML'[_=:)&GQO(FGY(H$+)DJN:=502C>)3UH<4WBT8GDSZR#!&XT1ME`W97Z84 MW,NR&A#E;SA%UM&_%(,G3Z(@RV2/:F48MH>U4B@DU;ILZ6.Z MO;E?BO*J+UH@+:5O2)HIFF@GRU;.D2^]Z]N;L<)J*UU)DR%NKOW@W8^;RIB; M[_EZ\'FA3]E%J8]%V%FI%\QM"0AHS7!X+?0U]L-7`6N(YY6QJ>2\MC)6A[1_ M"?/'QJ!V76VLLR.^ZEA'/;'9HI!]]K0[8:]+G3:>4T<0M0$G]N@Y:X* MPD=9I90WJV'&6=0F2XM5$X>/K$8LAPMRP5X%Z5>2%R,UNW+NM@L^Y-UT<_J; M&I+5L0G^&RF&VBE;X-5V?%PE(B5#7]Z-X>CN[^6(.CG"]F9\!-L:-SPNL!O` MFS1D&7;5?:^)0XRT+7;3`]VZP;TETR2>=<$KBT0,6":7(]Y4&KE+ZU=^^XL; M\8$4%7)V(%F09>'705P01JN0O_)22";3:$*PH=5I90S M!>ED;W6$R*FJP_!Q56OE9#("^H ME@RE@]4$6D"W_9P=0K[$SI,DCY.<9(:7F"P.'UV-6/Y8`+%7_*%TNLQCL?Z@ M!R-C33A:U!K-G#B('^-RQD'\0$;W9R_31_97D8(Q4-?O@I>\7G1F!T=3Z:<.S@-3YH`-DJ7\HYB1*V.G$WWNU@[+3;BJN!XB`=IU1>3AY> MYL27Y8H\C@QDA!HK MV7@YJH)P@M1=AB!-,2;"^.97!>%DJGG+#T':54R$X=TN#\')4_T>!QT->1S/ MQ!%7\N=GEQWPD>ZBFG,'::LV5!@?NH98?+0-@JL97Y`7N/YJMN#2%:_379!^ M2UZZ\2+5!>*%JKL\0;K>N1!C*T$7B)>OIK6P"V($N!!#BT$=AI>MLN6P"^(7 MNC47+&HCF!H&NS!C?`05Z[0.E#O@AZU[$(/8"E&0\8'<90?\W#4/Z#V0]IDH MR/"@-H?C9ZY\<.\UFQSP:P1^S]?`&@L##KPMCQ^"_5D?Q6.'\?Y0+07XYX^V M%N`Z0XX5$_N54Y+21]I-&DY%Z&ONB[0BUCP+R,EA1FGY M8VOQEH[[V%H9I7K0661+30TE%_/B(W.C^&:13A^#C&0=;Y5UCX&[EM8]&]") M:4N-?%CQ^H^U;GOBKJ%NYP`ZZT[]U1/"9A_,R< MP^PT?`YGU&>P%?)65LPS5,X;#H>[YMYP8J!3\^J1T6.']*IC>OR@ M;CB>8K5*Q8`\31RR![1&*>2@O/::F:IA>=K(/N`:KPGYFJ"]#_NNZ'EW_T40(?:-66-TMMP M'D9!>IW$:U6):4K M]`S69*^.Q\]>K1UTK%RE9[@F>W4\?O9J[;!KS7U&YH$MH:<$.3W-`DI*-MW-`D-S2)C25:_?#$)`WBK%C' MH^NXI-W5<4G+PWG+XWE_U$?\TXU*DGW*1#$D216$[*FLD@DY&$GZS2S5>"13 M<"\N47M!*#\+UM.0I%4M3,F.KX7,0VQ`R[5"CD&2*!B:@0XM`CH$'D0DD;!G M)KIG$=$]X/$_;0G^CI&HOV,/4:9UTZ-Z7$;'971<1@?=A>DR.BZCXS(Z+J/C M,CKK='*[C$[_^027T>F[!EQ&QV5TD"8I7$;'973:&9WKI%Z(=/WLSIXVN_-O MWG7BU8=WR1YCQUFS-CHE?N0[('N0=Y'<7T*HJ6>MY)!^Q_X[-G47D[Y:,"60 MFKHZ))-DX3971?\)IY8:??))%FY]!?2;H&K)T2>K9.'6UT"_"2U1CB&Y)0NW MO09<`LPEP%P"S"7`7`+,)1&.2+])8NLCRIR!E'_6L>T@:::]]Z6++Q1&]Y2$]57K+ M^U]^Y/_[J1)=_*R+TA2Y+44,LL>R0B5D!JN\XLI+[220?1]3&M$'2&V]%TT) MF5+(?-.*`%7J3Q6$'VD[BP>21&IJN*`-R:)B3X-S-ZFJ5,T"R/4+R86FYOM@&BO_E$S3H0!WJ(`SL@#H`7$A:*%W/L[`3\.?IF\;1$ MG6,I-Z.'6,K<]#?HUX&H MH@V.I93)(8([%EJ\SK&4FVV`6#N6`;ACH<7K'$NYV0:(M6,9@#L66KS.L92; M;8!8.Y8!N&.AQ>L<2[G9!HBU8QF`.Q9:O,ZQE)MM@%@[E@&X8Z'%ZQQ+N=D& MB$>-D5WP$%N3/MJ;+8#8F,W`L MOMZQ^'8X%K]V+,,>'(NO=RR^'8[%KQW+L`?'XNL=BV^'8_%KQS+LP;'X>L?B MV^%8_-JQ[/;@6`9ZQS*PP[$,:L>R"ST7VLT\=S//WBNW67)>_.9E64H!23TK61R)[;6JV@$]3;0I;WH(FMZ*P`P7:X)A20 MEZ)!9ZVW54B71];$V<6XCY6053):"5MUG(60&Y/E8)(6[*H8QW"[VBI4RH/KU73K/I?,: M+%TZ#^;"5*7SH-:/_Z'2>=\#S:7S7#JOEW0>3*_[3YK.@^G!<>F\]$W]]"Z= M]Q[I/)!!T3]=.@\D7?WCI_.^!^-/F\[;M3:=QSWA.,R^EMT;IR0/PNAS7-1. M]R3>H;?E\8/1/]GQMLL#>N41O3^J8_ZI7%'Z1\O;NG$6$]6]DUZ/QY+3L_'UU>?)Y^/+V[/QQ=GM^>?KTXOK M$UE?Y!'KBZP.+N^-9$5X?_!"6(]DLR"O+,DKB_)861XKS'5/NNY)USWINB?= M6#-KNB?=6#-DW9,&N+L[6KCU9HQP:W4K5Q\:N'MZN'NHX>Z)<(>XX`Z/M'#K MS1CAUNHV/*;!92W>GK4`Z>;]6;,6_?:A_XQ9"YC%G5W6PIRU`.EK63)-XU@6O+!(Q8)E4Y(=A+(5@Y2!>'#JE+*F8+,-A5%)-%B M'E\'D9M^6.KRZ'C/A961"F\RG\"5D!#R<6\ M6"-V%-\LTNECD)&LXQVR[C'05M"Z)\(K#,06+C6>+LW_^@^R;GNBK9QN\GF5 M@/A,@S+U(TR_AW55L/KX`G&A[3MV%(])&#^S<;.ST_`YG)%XQG(X*SD=0[V\ MX7!H*^T-Y\1K%,3TCLF,S(L&.&TQ,A'U#V(OHBX27SUHY7+$,"/XFTIT4-%C MK,&!^-ZS%]H&B!^(Z#I-%G&^K,#C M+".Y.$)`&XD/J58N1PQI4&LE)K!6X&R,X(+OVY(UO*01^$!*97*4,%G!)\+Z M?N.'95^PHO-5'88/JEHK)PN3+6S)4'7!:B-MX-ONAAT"N;4X>"A&-;#>8,W+ M2A6&#ZY:*R<+XIJ:UHT-6"3I)_%:=6':$7=MF-3S^@#Q;"?)_"F)Z3GYQ>N:/P.5U=`A'A_]#J(Y=!`O M5^D9K`E='8\8NEHTAP[B!BL]PS6AJ^,10U>+YM!!_&$WU!8!-F'=A?D8V/0? MBS`EL_-%/&.O#_J"-T+NN`\^Y!V%\PH`\9E&VG:@U7$$<96T/K\$(<.8C6O26Z\A!4Q^.@JA'*@(`[37,/LHVZC^PE) MYV$<2/JDONL(^"KCNTZ#5Q7,K$&^)OR$GD)"9G)(QSME(DRR@KO*$T$"UIJ5K.%\0KMH1,[TF:@;=[>@+HSGP&L(Q%4NY?&;<9(&L[+;YB29S\,L8P,GY;5B MV`5M31AT<_J0\R&S,5E2^I3DCU*\=(K;4GWKKH))]7"8@=7>FKOR;?V.WY*2CFJYQE M>3BG?D.;B5#N@J\2NNGF]$',JJ;;WE`):^V)KR[6DL^K!-+N9BM7RV\!E4=/ M@BH)XR!]K;02$E_$TVC16(5=3&ZL?QQ\U?6&D^&5!VJGQ[2E1Z^=V209D_N( M3/,3^I@EJN:N)AQO5:@U5PMX01*_3O*3A`J(EIH8J-,%F23BG:ZH@C7VQULG M:YP$KR1(UWWV$LR?(OUB(&(,6MBB4`X4TF8O-7QZ_1L)%!D2;21VN()J7OYU`!M)';.@ER.&-(`+Y4P'3N^EBT/P0Z5 MZ^0T@>92MB0,S32'EM`Y90G.OI@EI(QL2_!TC37_'#II, M)Z<)Z>OXFS*I9QBOVS`P[(J=ODE_M1YQO[72O?&@VN&7UWT(.!/(F2+(P?NO%N!V.GW5;,6<,L M3DOEY>3A5=Y-VMJ*CV9+(L<'XB=YZ4:_HPO$"U7G94`<)A=2C;@^2>(I/:54 M-@W%%(R7LTIQ]4ERJ,^_J[_J@?@1L"*/(P/Q>*QDXZVO"L()4G/+'X*X.";" MV,I2!>%DJFE1'8+X-";"T(Z2A^#DJ6PS'<(L9$HE7"89N4IB\BK!V-B&DU]# M(`<'LSPI>[XD\8S-LGY(D^:^A17^D/>9@O9,L5=]D#)VJC M;(X>Q$T5SW9I=F)E"TZ48I;A$,0@%26KEC,4-R(%UUZT\`C,\$B(8>54TP'Q M-I^"E,T)S8_C6>,;R\7G/^4NL[O.P;JBEGG1'B%@?BN MAL917(QX&:67)-/4B1"&&KN@E9.%65>FEG$\FX4,2Q"5+?"+>$9>U(05X:A) M*S1SXC#KS33D/`=AM+RU;AZI]]'0;H?B)MW6RRG#K#HCE_*%W-V&.;L.4NWC M0[>/-=Q%X;P"0!Q=0]--D.6G23$;A]YP(3TZ.5_0<]%<[II=4./7Z.;T0`3&(O'AC.UP7B)>J[FO#.Z`>G?@6N!._X4Z&/;@37^].?`OW(FO=R>^ M!>[$;[B380_NQ->[$]\"=^(WW,FP!W?BZ]V);X$[\1ON9-B#._'U[L2WP)WX M#7)_FHT#N[B&_2)'NB M)]):26?-?3%75Z<3X#6S"V+@V'3=2<)&<9?R+AETH084,?A(*X161$'G`XEB M),/_]:'X^.KU5IA!/)]*2T?$-N%MH`7Q@K^%#X\DR_][0;60-'I5/QFTD?@` M:^56C$',8C4K5"I)\ZS0[8"/>!?5%7@0BZE7M!9T^X`W8(.8T.=H,TB''LMFJ;14NUF=9G M\_=`;)\H@\WL-ZU&'7K&PN"`^4R'+ MQNHYH4*":-QNMG3="5\5=%5>50+T*H2%JF)1EX@\!W$^2>AE<4KN29H:'T'J MW?!7A%I[5170RQ86ND8Q*;J'1_?'][3A197=/B;?Q%9EY[WP5X12>E4/T(L9 M%K+H0S(*XA+74E=QWZ:&FM#LA[\N-.*KV@#QM:V[=8U5A)4[X.>O6\UL#WJQ MPT)1E6\ODXWR)79Y2NO[DK0P1>*O_/A=-G!HJJ3W+?[O1AZ MP^@4?:?/]@718C%`3B`^S3FT%&&98KT2)[#C/YMBY%E:=1A5O`5,C3[,*."VSKXA^5-;'F<%7"YV(HNS(!AA9#61!1U MG#UT&U-3]F%F.LJ%M&>-JN.LH=N<1[H/,PFR+>0V+%K[R[55S93%>"MHBZ(K MZC#S)MN"M"OT&L.M8*Y8KW64?.LGVL@"X37M4`B&6S.`_SUS%Y")G2.)<\1N4A^,#*=?)/ MGX-D[:IYGY*N!W$C/H"BPNK+YS6Z7[:;:B_IGN7/XJ\K)T%>H%(:YFSWG=T=^C]ORSL-LVF49(N4T/]@.VZ7>WKEKA[; MU_OC+")S*C#[\\/[7@)JPHW/N8L![C;?U&T.,];[A[S--V7T39?B:3)=L%OQ M)"6!HI=6'H*/I%SGDN?0]-C\99L=Z"[("/V/_P=02P,$%`````@`*E?.0K,3 M5/H2!0``"B,``!$`'`!N;7-F+3(P,3,P-C`S+GAS9%54"0`#3R^[44\ONU%U M>`L``00E#@``!#D!``#M6=MNVS@0?5]@_V%6SY5EQTVZ#NP6;>+L&G#^_U?]PW;M/W38$TH]#*@SXBA)#`Q@\ M0K<+EU((RCE]A-8UW"CI4ZVE@G>E,OZ?0:P1$J[B_YC1,;2$04Y#1A3NOA`1 MN*YET/Z8A@0,42-J.B2D.B(^;3AC8Z)SSWMX>"@)J'?7 M[5X20V9X+D(]W(\_]9MP)KX5T51JM9J7C.:F*Y:3@>)Y2%7/#@^(IE-D'&4; M[)G`:17^U%Z@+'%8[!`8Y9G'B'IHY*(55R6*F!C* M[!0OV,C.\_"Z=`A)6N<6L.%H%D;]$<1'L67@Y!E+^"LB(.@LB(*L.HGE/` M>['D?:R;U>0O"/=C_IS<_1G":TT]H,."U/%>98(](_-@"O!:$^=D4)!XFPPH M/S!G;GU_;KH6IX\)@CVX[;9V60R3V"ZS72+_Q46^*3#GQQ8N(BI,2M0!%J#T MNUA.P\H#F^G]OIS\@0LYPOPAHD$*!W-X=6\99!D_UC3X+-XGQ\LK2N:=F6SR M7+H?=W=<+.=BO^QJ+M%+*]=E^EN7FEB)7AQ%Z;9Z*Y*:HT'G<[?_]Y=FK]_L M=JYO^[E_NT&@H>1,KB^*'7RWED%E4QDD M!$LUD-)`P@-3HJ/LZV6WS\9!S&EO3!0=2QY0=46I7J_U/@Y;!3Y!S7)`>SC# M!`L*3^LD_7'4=+NF'_$U@?"K6`2?\:D`,J]`^6P:FQ-BGV#[B@@=2;UI"3_(G M&?Z/X[W^@HIW9)<&-(QL2(>KOP?*UDHXW5@);Z`C849V+(R7W@3ZTA">/CH5 M+M^?B+K`S=<4[0$[^VXM@K/"+2#!AXQ@[4,<_)/S_'N4?0?9[W%+'14HN,]R M<"C(UD)XMU0(*4]Q01S7@I_P;G=)#6'\H%>[75RW%L"?Z]_L4OSCB]US-6?: MYU+'BBY+=TD,:::?4/1NWWQ>!&IK3=1L34RIBJO"$L)33GG\[%/WYGLX>+;8 MXZFS,,(:`5'8>%O794I[=FWI)T`;7.R9F_NY]I);.7&KE=)$!_EWYWU"L!FF MWZSW"R'WVSN$!$M3OS22]YY2MN=WXI8KZ+\VA"(7_'5GK@=0!Y3MS9W[V(.] MV;?W#'>28-ZSDSI:#6I6@\K90BA9$S>)!9\PIE]Q^W1B/G%S]@O/%`&V9B&RUN%W'4<)+&ZCE#$P<(CBKBFX8S)-R6 MF&`<-QC;4C$JMEV>Q#C"'&303[B"6&4]C>(>VLSX9>9^BGZT,_?>6A5VMK0Y\-_=+0 MZUZZ<.'A_U!+`0(>`Q0````(`"I7SD*")K^'2!8``!ZX```1`!@```````$` M``"D@0````!N;7-F+3(P,3,P-C`S+GAM;%54!0`#3R^[475X"P`!!"4.```$ M.0$``%!+`0(>`Q0````(`"I7SD)N#\D2\@(``-42```5`!@```````$```"D M@9,6``!N;7-F+3(P,3,P-C`S7V-A;"YX;6Q55`4``T\ONU%U>`L``00E#@`` M!#D!``!02P$"'@,4````"``J5\Y"9'8;;RPF``#/D0,`%0`8```````!```` MI('4&0``;FUS9BTR,#$S,#8P,U]D968N>&UL550%``-/+[M1=7@+``$$)0X` M``0Y`0``4$L!`AX#%`````@`*E?.0MDI7L8\(P``/A,"`!4`&````````0`` M`*2!3T```&YM`Q0````(`"I7SD*-F[K*RA\``$5K`@`5`!@```````$` M``"D@=IC``!N;7-F+3(P,3,P-C`S7W!R92YX;6Q55`4``T\ONU%U>`L``00E M#@``!#D!``!02P$"'@,4````"``J5\Y"LQ-4^A(%```*(P``$0`8```````! M````I('S@P``;FUS9BTR,#$S,#8P,RYX`L``00E#@`` ;!#D!``!02P4&``````8`!@`:`@``4(D````` ` end
XML 16 R1.htm IDEA: XBRL DOCUMENT v2.4.0.6
Document and Entity Information
12 Months Ended
May 01, 2013
Risk/Return:  
Document Type Other
Document Period End Date Dec. 31, 2012
Registrant Name NORTHWESTERN MUTUAL SERIES FUND INC
Central Index Key 0000742212
Amendment Flag false
Document Creation Date Jun. 03, 2013
Document Effective Date Jun. 03, 2013
Prospectus Date May 01, 2013