X0101 EFFECT 33 LIVE 2011-02-28 0000910472-11-000149 485APOS 0001352621 Northern Lights Variable Trust 333-131820 S000031502 TOPS TM Capital Preservation ETF Portfolio C000097922 TOPS TM Capital Preservation ETF Portfolio Class 1 shares S000031502 TOPS TM Capital Preservation ETF Portfolio C000097923 TOPS TM Capital Preservation ETF Portfolio Class 2 shares S000031503 TOPS TM Balanced ETF Portfolio C000097924 TOPS TM Balanced ETF Portfolio Class 1 shares S000031503 TOPS TM Balanced ETF Portfolio C000097925 TOPS TM Balanced ETF Portfolio Class 2 shares S000031504 TOPS TM Moderate Growth ETF Portfolio C000097926 TOPS TM Moderate Growth ETF Portfolio Class 1 shares S000031504 TOPS TM Moderate Growth ETF Portfolio C000097927 TOPS TM Moderate Growth ETF Portfolio Class 2 shares S000031505 TOPS TM Growth ETF Portfolio C000097928 TOPS TM Growth ETF Portfolio Class 2 shares S000031505 TOPS TM Growth ETF Portfolio C000097929 TOPS TM Growth ETF Portfolio Class 1 shares S000031506 TOPS TM Aggressive Growth ETF Portfolio C000097930 TOPS TM Aggressive Growth ETF Portfolio Class 2 shares S000031506 TOPS TM Aggressive Growth ETF Portfolio C000097931 TOPS TM Aggressive Growth ETF Portfolio Class 1 shares S000031507 TOPS TM Protected Balanced ETF Portfolio C000097932 TOPS TM Protected Balanced ETF Portfolio Class 2 shares S000031507 TOPS TM Protected Balanced ETF Portfolio C000097933 TOPS TM Protected Balanced ETF Portfolio Class 1 shares S000031508 TOPS TM Protected Moderate Growth ETF Portfolio C000097934 TOPS TM Protected Moderate Growth ETF Portfolio Class 1 shares S000031508 TOPS TM Protected Moderate Growth ETF Portfolio C000097935 TOPS TM Protected Moderate Growth ETF Portfolio Class 2 shares S000031509 TOPS TM Protected Growth ETF Portfolio C000097936 TOPS TM Protected Growth ETF Portfolio Class 1 shares S000031509 TOPS TM Protected Growth ETF Portfolio C000097937 TOPS TM Protected Growth ETF Portfolio Class 2 shares