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Focus Growth Portfolio (Prospectus Summary) | Focus Growth Portfolio
Focus Growth Portfolio
Investment Goal
The Portfolio's investment goal is long-term growth of capital.
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.
Annual Portfolio Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses Focus Growth Portfolio
Class 1
Class 2
Class 3
Management Fees 1.00% 1.00% 1.00%
Service (12b-1) Fees none 0.15% 0.25%
Other Expenses 0.14% 0.13% 0.13%
Total Annual Portfolio Operating Expenses 1.14% 1.28% 1.38%
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 Focus Growth Portfolio (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
Class 1
116 362 628 1,386
Class 2
130 406 702 1,545
Class 3
140 437 755 1,657
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 210% of the average value of its portfolio.
Principal Investment Strategies of the Portfolio
The Portfolio attempts to achieve its investment goal by investing in equity
securities selected on the basis of growth criteria, without regard to market
capitalization.

The Portfolio offers you access to three different professional managers. The
Portfolio utilizes a "focus" strategy, which means each manager actively invests
in a small number of holdings which constitute some of its favorite
stock-picking ideas at any given moment. A focus strategy reflects the belief
that, over time, the performance of most investment managers' "highest
confidence" stocks exceeds that of their more diversified portfolios.

Each subadviser will generally invest in up to 10 securities, and the Portfolio
will generally hold up to a total of 30 securities. Examples of when the
Portfolio may hold more than the specified number of securities include, but are
not limited to, re-balancing or purchase and sale transactions, including
following the employment of a new subadviser to manage the Portfolio or a
portion of the Portfolio. In this situation the new subadviser may be selling
securities and buying new securities at the same time, resulting in the
Portfolio holding more than its usual number of holdings. Each subadviser may
invest in additional financial instruments for the purpose of cash management or
to hedge a security position. The Portfolio is non-diversified.

The subadvisers may engage in frequent and active trading of portfolio
securities.
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.

Securities Selection Risk. A strategy used by the Portfolio, or individual
securities selected by the portfolio manager, may fail to produce the intended
return.

Equity Securities Risk. The Portfolio invests principally 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.

Market Risk. The Portfolio's share price can fall because of weakness in the
broad market, a particular industry, or specific holdings. The market as a whole
can decline for many reasons, including adverse political or economic
developments here or abroad, changes in investor psychology, or heavy
institutional selling. The prospects for an industry or company may deteriorate
because of a variety of factors, including disappointing earnings or changes in
the competitive environment. In addition, the subadviser's assessment of
companies held in the Portfolio may prove incorrect, resulting in losses or poor
performance even in a rising market. Finally, the Portfolio's investment
approach could fall out of favor with the investing public, resulting in lagging
performance versus other comparable portfolios.

Non-Diversification Risk. A Portfolio that is organized as a "non-diversified"
portfolio may invest a larger portion of its assets in the stock of a single
company than a diversified fund, and thus, it can concentrate in a smaller
number of issuers. A non-diversified portfolio's risk is increased because the
effect of the performance of each security on the Portfolio's overall
performance is greater.

Growth Stock Risk. 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.

Active Trading Risk. A strategy used whereby the Portfolio may engage in
frequent trading of portfolio securities to achieve its investment goal. Active
trading may result in high portfolio turnover and correspondingly greater
brokerage commissions and other transaction costs for the Portfolio.
Performance Information
The following Risk/Return Bar Chart and Table illustrate the risks of investing
in shares of 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 and Russell 3000® Growth 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 1 Shares
Bar Chart
During the 10-year period shown in the bar chart, the highest return for a
quarter was 18.63% (quarter ended September 30, 2009) and the lowest return for
a quarter was -21.60% (quarter ended September 30, 2008). The year to date
calendar return as of June 30, 2011 was 9.00%.
Average Annual Total Returns (For the periods ended December 31, 2010)
Average Annual Total Returns Focus Growth Portfolio
Average Annual Returns, Label
Average Annual Returns, 1 Year
Average Annual Returns, 5 Years
Average Annual Returns, 10 Years
Average Annual Returns, Since Inception
Average Annual Returns, Inception Date
Class 1
Class 1 Shares 25.03% 4.58% 2.74%    
Class 2
Class 2 Shares 24.87% 4.45% 2.60%    
Class 3
Class 3 Shares 24.67% 4.32%   7.72% Nov. 11, 2002
S&P 500® Index
S&P 500® Index 15.06% 2.29% 1.41% 6.37% Nov. 11, 2002
Russell 3000®Growth Index
Russell 3000®Growth Index 17.64% 3.88% 0.28% 6.97% Nov. 11, 2002