497 1 ss_saistkr-305.htm DEUTSCHE CORE EQUITY VIP

Supplement to the currently effective STATEMENT OF ADDITIONAL INFORMATION
     
     

 

Deutsche Core Equity VIP

 

 

Arno V. Puskar has been added as portfolio manager of the fund and, together with Pankaj Bhatnagar and Di Kumble, is responsible for the day-to-day management of the fund.

 

The following information replaces the existing tables for Deutsche Core Equity VIP in “Appendix I-D – Portfolio Management” of the fund’s Statement of Additional Information. The information for Pankaj Bhatnagar is provided as of December 31, 2015, the information for Di Kumble is provided as of August 31, 2016, and the information for Arno V. Puskar is provided as of September 30, 2016:

Fund Ownership of Portfolio Managers

 

Name of Portfolio
Manager

Dollar Range of

Fund Shares Owned

Dollar Range of All Deutsche Fund Shares Owned
Pankaj Bhatnagar $0 $50,001 - $100,000
Arno V. Puskar $0 $10,001 - $50,000
Di Kumble $0 $50,001 - $100,000

Conflicts of Interest

 

Other SEC Registered Investment Companies Managed:

Name of Portfolio Manager Number of  Registered Investment
Companies
Total Assets of Registered
Investment
Companies
Number of Investment Company Accounts
with Performance-
Based Fee
Total Assets of Performance- Based Fee Accounts
Pankaj Bhatnagar 8 $4,325,401,021 0 $0
Arno V. Puskar 0 $0 0 $0
Di Kumble 6 $2,941,058,962 0 $0

 

Other Pooled Investment Vehicles Managed:

Name of Portfolio Manager Number of
Pooled
Investment Vehicles
Total Assets of Pooled Investment Vehicles Number of Pooled
Investment Vehicle
Accounts with Performance-Based Fee
Total Assets of Performance-
Based Fee Accounts
Pankaj Bhatnagar 1 $32,521,638 0 $0
Arno V. Puskar 0 $0 0 $0
Di Kumble 0 $0 0 $0

 

 

 

January 04, 2017

SAISTKR-305

 

Other Accounts Managed:

Name of Portfolio Manager Number of Other Accounts Total Assets of
Other Accounts
Number of Other
Accounts with Performance-Based Fee
Total Assets of Performance-Based
Fee Accounts
Pankaj Bhatnagar 2 $87,090,520 0 $0
Arno V. Puskar 0 $0 0 $0
Di Kumble 19 $4,578,763,262 0 $0

 

 

Please Retain This Supplement for Future Reference