Allocation Balanced Portfolio (Prospectus Summary) | Allocation Balanced Portfolio

Allocation Balanced Portfolio

Investment Goal

The Portfolio's investment goal is long-term capital appreciation and current
income.

Fees and Expenses of the Portfolio

This table describes the fees and expenses that you may pay if you buy and hold
shares of the Portfolio. The Portfolio's annual operating expenses do not
reflect the separate account fees charged in the variable annuity or variable
life insurance policy ("Variable Contracts"), in which the Portfolio is offered.
Please see your Variable Contract prospectus for more details on the separate
account fees. As an investor in the Portfolio, you pay the expenses of the
Portfolio and indirectly pay a proportionate share of the expenses of the
Underlying Portfolios in which the Portfolio invests.

Annual Portfolio Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

Annual Fund Operating Expenses	Allocation Balanced Portfolio Class 3
Management Fees	0.10%
Service (12b-1) Fees	none
Other Expenses	0.06%
Acquired Fund Fees and Expenses	1.13%
Total Annual Portfolio Operating Expenses	1.29%

Expense Example

This Example is intended to help you compare the cost of investing in the
Portfolio with the cost of investing in other mutual funds. The Example assumes
that you invest $10,000 in the Portfolio for the time periods indicated and then
redeem all of your shares at the end of those periods. The Example also assumes
that your investment has a 5% return each year and that the Portfolio's
operating expenses remain the same. The Example does not reflect charges imposed
by the Variable Contract. See the Variable Contract prospectus for information
on such charges. Although your actual costs may be higher or lower, based on
these assumptions and the net expenses shown in the fee table, your costs would
be:

Expense Example (USD $)	Expense Example, With Redemption, 1 Year	Expense Example, With Redemption, 3 Years	Expense Example, With Redemption, 5 Years	Expense Example, With Redemption, 10 Years
Allocation Balanced Portfolio Class 3	131	409	708	1,556

Portfolio Turnover

The Portfolio pays transaction costs, such as commissions, when it buys and
sells securities (or "turns over" its portfolio). A higher portfolio turnover
may indicate higher transaction costs. These costs, which are not reflected in
annual portfolio operating expenses or in the example, affect the Portfolio's
performance. During the most recent fiscal year, the Portfolio's portfolio
turnover rate was 10% of the average value of its portfolio.

Principal Investment Strategies of the Portfolio

The Portfolio is structured as a "fund-of-funds" which means that it pursues its
investment goal by investing its assets in a combination of the Trust's
Portfolios (collectively, the "Underlying Portfolios").

The Portfolio attempts to achieve its investment goal by investing its assets,
under normal circumstances, among a combination of Underlying Portfolios, of
which no more than 70% of its assets will be invested in equity portfolios.

The subadviser determines the Portfolio's target asset class allocation. The
target asset class allocation is generally broken down into the following asset
classes: large cap growth/value stocks, mid cap growth/value stocks, small cap
stocks, international stocks, bonds (investment grade, high-yield,
inflation-protected) and cash equivalents. Based on these target asset class
allocations, the subadviser determines a target portfolio allocation in which
the Portfolio will invest in the Underlying Portfolios. The target allocation
percentages as of June 30, 2011 were:

                • Large cap growth/value stocks               26.0%
                • Mid cap growth/value stocks                  8.0%
                • Small cap stocks                             4.0%
                • International stocks                        12.0%
                • Bonds                                       32.0%
                • Treasury inflation protected securities     11.0%
                • Cash equivalents                             7.0%


The subadviser may change the target asset allocation percentage and may
underweight or overweight such asset classes at its discretion. The percentage
of the Portfolio's assets invested in any of the Underlying Portfolios will vary
from time to time.

Principal Risks of Investing in the Portfolio

There can be no assurance that the Portfolio's investment goal will be met or
that the net return on an investment in the Portfolio will exceed what could
have been obtained through other investment or savings vehicles. Shares of the
Portfolio are not bank deposits and are not guaranteed or insured by any bank,
government entity or the Federal Deposit Insurance Corporation. As with any
mutual fund, there is no guarantee that the Portfolio will be able to achieve
its investment goals. If the value of the assets of the Portfolio goes down, you
could lose money.

The following is a summary description of the principal risks of investing in
the Portfolio.

Asset Allocation Risk. The Portfolio's risks will directly correspond to the
risks of the Underlying Portfolios in which it invests. The Portfolio is subject
to the risk that the selection of the Underlying Portfolios and the allocation
and reallocation of the Portfolio's assets among the various asset classes and
market sectors may not produce the desired result.

Equity Securities Risk. The Portfolio invests primarily in Underlying Portfolios
that invest in equity securities and is therefore subject to the risk that stock
prices will fall and may underperform other asset classes. Individual stock
prices fluctuate from day-to-day and may decline significantly. The prices of
individual stocks may be negatively affected by poor company results or other
factors affecting individual prices, as well as industry and/or economic trends
and developments affecting industries or the securities market as a whole.

Large-Capitalization Companies Risk. The Portfolio invests in Underlying
Portfolios that invest substantially in large-cap companies. Large-cap companies
tend to be less volatile than companies with smaller market capitalizations. In
exchange for this potentially lower risk, the Portfolio's value may not rise as
much as the value of portfolios that emphasize smaller companies.

Growth Stock Risk. The Portfolio may invest substantially in Underlying
Portfolios with an investment strategy that focuses on selecting growth-style
stocks. Growth stocks can be volatile for several reasons. Since the issuers
usually reinvest a high portion of earnings in their own business, growth stocks
may lack the comfortable dividend yield associated with value stocks that can
cushion total return in a bear market. Also, growth stocks normally carry a
higher price/earnings ratio than many other stocks. Consequently, if earnings
expectations are not met, the market price of growth stocks will often go down
more than other stocks. However, the market frequently rewards growth stocks with
price increases when expectations are met or exceeded.

Value Investing Risk. The Portfolio may invest substantially in Underlying
Portfolios with an investment strategy that focuses on selecting value-style
stocks. When investing in securities which are believed to be undervalued in the
market, there is a risk that the market may not recognize a security's intrinsic
value for a long period of time, or that a stock judged to be undervalued may
actually be appropriately priced.

Risk of Investing in Bonds. The Portfolio may invest in Underlying Portfolios
that invest principally in bonds, which may result in the value of your
investment in the Portfolio to go up or down in response to changes in interest
rates or defaults (or even the potential for future defaults) by bond issuers.
The market value of bonds and other fixed income securities usually tends to
vary inversely with the level of interest rates; as interest rates rise the
value of such securities typically falls, and as interest rates fall, the value
of such securities typically rises. Longer-term and lower coupon bonds tend to
be more sensitive to changes in interest rates.

Interest Rate Fluctuations Risk. The Portfolio invests in Underlying Portfolios
that invest substantially in fixed income securities. Fixed income securities
may be subject to volatility due to changes in interest rates. The market value
of bonds and other fixed income securities usually tends to vary inversely with
the level of interest rates; as interest rates rise the value of such securities
typically falls, and as interest rates fall, the value of such securities
typically rises. Longer-term and lower coupon bonds tend to be more sensitive to
changes in interest rates.

Risk of Investing in Junk Bonds. The Portfolio invests in Underlying Portfolios
that invest substantially in fixed income securities, a percentage in which may
be invested in junk bonds. Junk bonds carry a substantial risk of default or
changes in the issuer's creditworthiness, or they may already be in default at
the time of purchase.

Credit Risk. Credit risk applies to most fixed income securities, but is
generally not a factor for obligations backed by the "full faith and credit" of
the U.S. Government. An Underlying Portfolio could lose money if the issuer of a
fixed income security is unable or perceived to be unable to pay interest or
repay principal when it becomes due. Various factors could affect the issuer's
actual or perceived willingness or ability to make timely interest or principal
payments, including changes in the issuer's financial condition or in general
economic conditions.

Foreign Investment Risk. The Portfolio may invest in Underlying Portfolios that
may invest in foreign securities, which may cause the value of the Portfolio to
be affected by fluctuating currency values, changing local and regional
economic, political and social conditions, and greater market volatility. In
addition, foreign securities may not be as liquid as domestic securities.

Risks of Investing in Inflation-Indexed Securities. The Portfolio invests in
Underlying Portfolio(s) that invests in inflation-indexed securities.
Inflation-indexed securities are debt instruments whose principal is indexed to
an official or designated measure of inflation, such as the Consumer Price Index
("CPI") in the United States. Inflation-indexed securities issued by a foreign
government or foreign corporation are adjusted to reflect a comparable inflation
index, calculated by that government. Inflation-indexed securities are sensitive
to changes in the real interest rates, which is the nominal interest rate minus
the expected rate of inflation. Repayment of the original principal upon
maturity (as adjusted for inflation) is guaranteed in the case of U.S. Treasury
inflation-protected bonds ("TIPS"), even during a period of deflation. However,
the current market value of a fixed income security is not guaranteed, and will
fluctuate. Inflation-indexed securities, other than TIPS, may not provide a
similar guarantee and may be supported only by the credit of the issuing entity.
Inflation-indexed securities issued by corporations may be similar to TIPS, but
are subject to the risk of the corporation's inability to meet principal and
interest payments on the obligation and may also be subject to price volatility
due to such factors as interest rate sensitivity, market perception of the
credit-worthiness of the issuer and general market liquidity.

Indexing Risk. Many of the Underlying Portfolios in which the Portfolio invests
have a passively-managed portion that is managed to track the performance of an
index. That portion of the Underlying Portfolios will not sell securities in its
portfolio or buy different securities over the course of a year other than in
conjunction with changes in its target index, even if there are adverse
developments concerning a particular security, company or industry. As a result,
the Portfolio may suffer losses that might not be experienced with an investment
in an actively-managed mutual fund.

Performance Information

The following Risk/Return Bar Chart and Table illustrate the risks of investing
in the Portfolio by showing changes in the Portfolio's performance from calendar
year to calendar year and comparing the Portfolio's average annual returns to
those of the S&P 500® Index, the Barclays Capital U.S. Aggregate Index and a
Blended Index. The Blended Index consists of 50% S&P 500® Index and 50% Barclays
Capital U.S. Aggregate Index. Fees and expenses incurred at the contract level
are not reflected in the bar chart or table. If these amounts were reflected,
returns would be less than those shown. Of course, past performance is not
necessarily an indication of how the Portfolio will perform in the future.

Class 3 Shares

During the periods shown in the bar chart, the highest return for a quarter was
12.55% (quarter ended June 30, 2009) and the lowest return for a quarter was
-12.02% (quarter ended December 31, 2008). The year to date calendar return as
of June 30, 2011 was 3.88%.

Average Annual Total Returns (For the periods ended December 31, 2010)

Average Annual Total Returns Allocation Balanced Portfolio	Average Annual Returns, Label	Average Annual Returns, 1 Year	Average Annual Returns, 5 Years	Average Annual Returns, Since Inception	Average Annual Returns, Inception Date
Class 3	Class 3 Shares	10.44%	3.69%	3.92%	Feb. 14, 2005
Blended Index	Blended Index	11.29%	4.44%	4.36%	Feb. 14, 2005
Barclays Capital U.S. Aggregate Index	Barclays Capital U.S. Aggregate Index	6.54%	5.80%	5.17%	Feb. 14, 2005
S&P 500® Index	S&P 500® Index	15.06%	2.29%	2.83%	Feb. 14, 2005