Flexible Premium Deferred Variable Annuity

Transcription

1 Metropolitan Life Insurance Company Inception Date Performance Summary as of 01/31/18 Year-to- Date 1 Year 3 Year* 5 Year* Since Variable Funding Options One Month BlackRock Capital Appreciation - Class A 05/05/ % 10.33% 39.60% 15.37% 15.52% 7.13% BlackRock Ultra-Short Term Bond - Class A 01/03/ % -0.01% -0.52% -1.01% -1.18% -1.03% Brighthouse/Wellington Core Equity Opportunities - Class A 05/02/ % 4.75% 21.60% 8.97% 11.42% 4.96% Brighthouse/Wellington Large Cap Research - Class A 07/26/ % 5.48% 23.14% 12.45% 14.63% 7.57% ClearBridge Variable Aggressive Growth - Class I 11/01/ % 7.47% 17.48% 6.67% 13.98% 9.40% ClearBridge Variable Appreciation - Class I 10/16/ % 5.34% 22.63% 11.72% 12.47% 7.81% ClearBridge Variable Small Cap Growth - Class I 02/07/ % 2.29% 21.07% 9.07% 11.30% 9.09% Fidelity VIP Contrafund - Initial Class 01/03/ % 6.05% 24.11% 11.36% 12.94% 7.29% Fidelity VIP Equity-Income - Initial Class 10/09/ % 4.47% 15.54% 9.87% 10.41% 5.64% Fidelity VIP High Income - Initial Class 09/19/ % 0.60% 4.79% 4.30% 3.28% 5.07% Fidelity VIP Index Initial Class 08/27/ % 5.58% 24.45% 12.90% 14.13% 8.13% Invesco V.I. International Growth Fund - Series I 05/05/ % 4.80% 23.31% 6.47% 6.05% 3.37% Jennison Growth - Class A 10/09/ % 10.12% 42.77% 17.38% 17.66% 7.96% MFS Research International - Class A 01/28/ % 4.94% 28.89% 7.71% 5.57% 1.91% MFS Total Return Bond Series - Initial Class 10/24/ % -1.04% 1.62% 0.36% 1.04% 3.02% MFS Total Return - Class A 01/03/ % 2.40% 12.41% 6.82% 7.84% 5.28% T. Rowe Price Large Cap Growth - Class A 07/24/ % 9.01% 37.14% 16.43% 17.51% 10.69% Western Asset Management Strategic Bond Opportunities - Class A 06/16/ % -0.06% 5.63% 3.06% 2.63% 4.61% Western Asset Management U.S. Government - Class A 05/05/ % -0.90% -0.49% -0.77% -0.44% 0.83% *Annualized for Investment Options/s in existence for more than one year. Flexible Premium Deferred Variable Annuity Variable Investment Option Performance Update The performance data quoted represents past performance and does not guarantee future results. Performance current to the most recent month-end may be viewed at The investment return and principal value of an investment will fluctuate and an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Returns for Sub-Accounts that invest in s that were in existence prior to the Sub-Account inception date have been adjusted to reflect the charges and expenses of the Flexible Premium Deferred Variable Annuity, as if the contract had existed during the stated period(s), including all -level expenses, the M&E risk and administration charges of 1.40% and the annual Account Fee of $30. These results do not reflect the withdrawal charges which begin at 7% and decrease over 6 years (for returns reflecting these charges, see the Standardized report pages in this document that follows this Nonstandardized report). These figures represent past performance and are not an indication of future performance. Current performance may be lower or higher than the performance figures quoted. Non-Standardized Performance: Without surrender charges applied Flexible Premium Deferred Variable Annuity as of 01/31/2018 Page 1 of 5

2 Prior to March 6, 2017, Brighthouse Funds Trust I was known as Met Investors Series Trust and Brighthouse Funds Trust II was known as Metropolitan Series Fund. Prior to March 6, 2017, the Brighthouse/Wellington Core Equity Opportunities was known as the Met/Wellington Core Equity Opportunities. On or about May 1, 2016, the Pioneer Fund merged with and into the Met/Wellington Core Equity Opportunities. Values before May 1, 2016 reflect the performance of the Pioneer Fund. Effective April 30, 2012, the Oppenheimer Capital Appreciation merged into the Jennison Growth. Values before April 30, 2012 reflect the performance of the Oppenheimer Capital Appreciation. On May 1, 2009, the following investment portfolio mergers were made: Capital Guardian U.S. Equity into Pioneer Fund and Met/AIM Capital Appreciation into BlackRock Legacy Large Cap Growth (now known as BlackRock Capital Appreciation ). Performance for the Pioneer Fund consists of the performance for Capital Guardian U.S. Equity before and on May 1, Performance for the BlackRock Legacy Large Cap Growth consists of the performance for Met/AIM Capital Appreciation before and on May 1, Effective on April 28, 2008, the following investment portfolio substitutions were made: AIM V.I. Government Securities Fund into Western Asset Management U.S. Government ; Fidelity VIP Growth into Oppenheimer Capital Appreciation ; Fidelity VIP Overseas into MFS Research International ; MFS Emerging Growth Series into T. Rowe Price Large Cap Growth and MFS Research Series into BlackRock Large Cap Core (now known as WMC Large Cap Research ). Effective on April 30, 2007, the following investment portfolio substitutions were made: AIM V.I. Capital Appreciation Fund into Met/AIM Capital Appreciation ; AIM V.I. Core Equity Fund into Capital Guardian U.S. Equity. Effective on April 30, 2007, the following investment portfolio merged: Legg Mason Partners Variable Small Cap Growth Opportunities merged into Legg Mason Partners Variable Small Cap Growth (now known as ClearBridge Variable Small Cap Growth ). Performance shown for Capital Guardian U.S. Equity consists of performance for the AIM V.I. Core Equity Fund prior to and on April 27, 2007 and Capital Guardian U.S. Equity after April 27, Performance shown for Met/AIM Capital Appreciation consists of performance for the AIM V.I. Capital Appreciation Fund prior to and on April 27, 2007 and Met/AIM Capital Appreciation after April 27, Performance shown for Legg Mason Partners Variable Small Cap Growth consists of performance for the Legg Mason Partners Variable Small Cap Growth Opportunities prior to and on April 27, 2007 and Legg Mason Partners Variable Small Cap Growth after April 27, Investment Performance Is Not Guaranteed. Additional prospectuses for the Flexible Premium Deferred Variable Annuity issued by Metropolitan Life Insurance Company and for the investment portfolios are available from your financial professional or at The contract prospectus contains information about the contract s features, risks, charges and expenses. The investment objectives, risks and policies of the investment options, as well as other information about the investment options, are described in their respective prospectuses. Investors should consider the investment objectives, risks, charges and expenses of the investment company carefully before investing. Please read the prospectuses and consider this information carefully before investing. Product availability and features may vary by state. Performance current to the most recent month-end may be viewed at Page 2 of 5

3 Variable annuities are long-term investments designed for retirement purposes. Variable annuities have limitations, exclusions, charges, termination provisions and terms for keeping them in force. There is no guarantee that any of the variable investment options in this product will meet their stated goals or objectives. The account value is subject to market fluctuations and investment risk so that, when withdrawn, it may be worth more or less than its original value. All product guarantees, including optional benefits, are subject to the claims-paying ability and financial strength of the issuing insurance company. Please contact your financial professional for complete details. Withdrawals of taxable amounts are subject to ordinary income tax and if made before age 59½, may be subject to a 10% Federal income tax penalty. Distributions of taxable amounts from a non-qualified annuity may also be subject to the 3.8% Unearned Income Medicare Contribution Tax on Net Investment Income if your modified adjusted gross income exceeds the applicable threshold amount. Withdrawals will reduce the living and death benefits and account value. Withdrawals may be subject to withdrawal charges. Any discussion of taxes is for general informational purposes only, does not purport to be complete or cover every situation, and should not be construed as legal, tax or accounting advice. Clients should confer with their qualified legal, tax and accounting advisors as appropriate. The Flexible Premium Deferred Variable Annuity is issued by Metropolitan Life Insurance Company, New York, NY Product is distributed by MetLife Investors Distribution Company (member FINRA), New York, NY Both are MetLife companies. Metropolitan Life Insurance Company New York, NY L [exp0418][All States][DC] Page 3 of 5

4 Flexible Premium Deferred Variable Annuity The performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate and an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Each Investment Option consists of a sub-account of the separate account supporting the contract (a "Sub-Account") that invests solely in shares of a fund portfolio (a ""). Standardized Performance for an Investment Option, as defined by the SEC, is the Average Annual Total Return for periods commencing no earlier than the Sub-Account inception date and terminating at the end of the most recent calendar quarter. Average Annual Total Returns shown that include periods prior to the Sub-Account inception date are Non-Standardized Performance. Charges for Standardized Performance include all -level expenses, the M&E risk and administration charges of 1.40%, the contract administrative charge $30 and the surrender charge of 7%. Past performance does not guarantee future results. Flexible Premium Deferred Variable Annuity Average Annual Total Return as of 01/31/2018 Assuming Contract Surrender Standardized as of 12/31/2017 Assuming Contract Surrender Variable Funding Options Inception Date 1 Year 5 Years* Since Sub-Account Inception Date 1 Year 5 Years* BlackRock Capital Appreciation - Class A 05/05/ % 14.68% 7.13% 02/03/ % 13.29% 4.87% BlackRock Ultra-Short Term Bond - Class A 01/03/ % -1.91% -1.03% 02/21/ % -1.93% -1.01% Brighthouse/Wellington Core Equity Opportunities - Class A 05/02/ % 10.61% 4.96% 02/03/ % 10.64% 4.02% Brighthouse/Wellington Large Cap Research - Class A 07/26/ % 13.80% 7.57% 02/03/ % 13.70% 6.24% ClearBridge Variable Aggressive Growth - Class I 11/01/ % 13.15% 9.40% 04/20/ % 13.02% 8.05% ClearBridge Variable Appreciation - Class I 10/16/ % 11.65% 7.81% 04/20/ % 11.51% 6.76% ClearBridge Variable Small Cap Growth - Class I 02/07/ % 10.48% 9.09% 02/07/ % 11.51% 7.87% Fidelity VIP Contrafund - Initial Class 01/03/ % 12.12% 7.29% 02/03/ % 11.78% 5.73% Fidelity VIP Equity-Income - Initial Class 10/09/ % 9.60% 5.64% 02/03/ % 9.82% 4.61% Fidelity VIP High Income - Initial Class 09/19/ % 2.53% 5.07% 02/03/ % 2.55% 4.80% Fidelity VIP Index Initial Class 08/27/ % 13.29% 8.13% 02/03/ % 13.18% 6.87% Invesco V.I. International Growth Fund - Series I 05/05/ % 5.28% 3.37% 02/03/ % 5.05% 1.93% Jennison Growth - Class A 10/09/ % 16.80% 7.96% 02/21/ % 15.33% 5.83% MFS Research International - Class A 01/28/ % 4.80% 1.91% 02/03/ % 4.68% 0.45% MFS Total Return Bond Series - Initial Class 10/24/ % 0.30% 3.02% 02/03/ % 0.38% 3.22% MFS Total Return - Class A 01/03/ % 7.06% 5.28% 02/03/ % 7.28% 4.76% T. Rowe Price Large Cap Growth - Class A 07/24/ % 16.65% 10.69% 02/03/ % 15.47% 8.78% Western Asset Management Strategic Bond Opportunities - Class A 06/16/ % 1.88% 4.61% 02/02/ % 1.99% 4.78% Western Asset Management U.S. Government - Class A 05/05/ % -1.17% 0.83% 02/03/ % -1.03% 1.11% *Annualized for Investment Options/s in existence for more than one year. Investment Performance Is Not Guaranteed. Since Sub- Account Additional prospectuses for the Flexible Premium Deferred Variable Annuity issued by Metropolitan Life Insurance Company and for the investment portfolios are available from your financial professional or at The contract prospectus contains information about the contract s features, risks, charges and expenses. The investment objectives, risks and policies of the investment options, as well as other information about the investment options, are described in their respective prospectuses. Investors should consider the investment objectives, risks, charges and expenses of the investment company carefully before investing. Please read the prospectuses and consider this information carefully before investing. Product availability and features may vary by state. Performance current to the most recent month-end may be viewed at Page 4 of 5

5 Variable annuities are long-term investments designed for retirement purposes. Variable annuities have limitations, exclusions, charges, termination provisions and terms for keeping them in force. There is no guarantee that any of the variable investment options in this product will meet their stated goals or objectives. The account value is subject to market fluctuations and investment risk so that, when withdrawn, it may be worth more or less than its original value. All product guarantees are subject to the claims-paying ability and financial strength of the issuing insurance company. Please contact your financial professional for complete details. Withdrawals of taxable amounts are subject to ordinary income tax and if made before age 59½, may be subject to a 10% Federal income tax penalty. Distributions of taxable amounts from a non-qualified annuity may also be subject to the 3.8% Unearned Income Medicare Contribution Tax on Net Investment Income if your modified adjusted gross income exceeds the applicable threshold amount. Withdrawals will reduce the living and death benefits and account value. Withdrawals may be subject to withdrawal charges. Any discussion of taxes is for general informational purposes only, does not purport to be complete or cover every situation, and should not be construed as legal, tax or accounting advice. Clients should confer with their qualified legal, tax and accounting advisors as appropriate. The Flexible Premium Deferred Variable Annuity is issued by Metropolitan Life Insurance Company, New York, NY Product is distributed by MetLife Investors Distribution Company (member FINRA), New York, NY Both are MetLife companies. Metropolitan Life Insurance Company New York, NY L [exp0418][All States][DC] Page 5 of 5