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This general information pertains to the manager responsible for the day-to-day management of the portfolio(s) available through Pacific Life's variable products and the information presented may not relate specifically to the available portfolio(s). The information is provided by and used with the permission of this manager.
Background
In 2007, Pacific Life Insurance Company created Pacific Life Fund Advisors LLC (PLFA), a wholly-owned subsidiary dedicated to the investment advisory business. PLFA serves as the investment adviser to Pacific Select Fund (Fund), the proprietary variable insurance trust that was established by Pacific Life Insurance Company in 1988.
In its role as investment adviser, PLFA, subject to the review of the Fund’s Board, supervises the management of all of the Fund’s portfolios. PLFA manages the three Pacific Dynamix Portfolios directly, and also does business under the name “Pacific Asset Management” and manages the Cash Management and High Yield Bond Portfolios under that name. To manage the other portfolios, with the exception of the American Funds Growth Portfolio, American Funds Growth-Income Portfolio and American Funds Asset Allocation Portfolio (each a Feeder Portfolio, and collectively, the Feeder Portfolios), PLFA has retained other management firms (managers), many of which have a worldwide market presence and extensive research capabilities. Each Feeder Portfolio invests all of its assets in a Master Fund; therefore, PLFA has not retained other managers to manage the assets of the Feeder Portfolios. PLFA is considered the adviser to the Feeder Portfolios and oversees the performance of the Master Funds.
Portfolios Managed
Pacific Select Fund
- Pacific Dynamix - Conservative Growth
- Pacific Dynamix - Moderate Growth
- Pacific Dynamix - Growth
Although some portfolios may have names or investment objectives that resemble retail mutual funds managed by the portfolio manager, these portfolios will not have the same underlying holdings or performance as the retail mutual funds.
You should carefully consider a variable life insurance product’s risks, charges, limitations and expenses, as well as the risks, charges, expenses and investment objectives of the underlying investment options. The accompanying product and underlying fund prospectuses contain this and other information about Pacific Life. Read them carefully before investing or sending money.
Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Insurance products are issued by Pacific Life Insurance Company in all states except New York, and in New York by Pacific Life & Annuity Company. Product availability and features may vary by state. Each company is solely responsible for the financial obligations accruing under the products it issues, and its product and rider guarantees are backed by that company’s financial strength and claims-paying ability.
Pacific Select Fund portfolios are available only through Pacific Life's variable insurance products.
CWEB-L-NY-35
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