First Investors Life Series Total Return Fund

C000120646 Fund Overview

First Investors Life Series Total Return Fund is a US mutual fund managed by First Investors Life Series Funds, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: First Investors Life Series Funds
• Category: Money Market
• Assets under management: $58.26M
• SEC CIK: 0000770906
• SEC series ID: S000039213
• Share class ID: C000120646

C000120646 Investment Objective and Strategy

First Investors Life Series Total Return Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by First Investors Life Series Funds.

Investment objective

The Fund seeks high, long-term total investment return consistent with moderate investment risk.

Principal investment strategy

The Fund allocates its assets among stocks, bonds and money market instruments. While the percentage of assets allocated to each asset class is flexible rather than fixed, the Fund normally invests at least 50% of its net assets in stocks and at least 30% in bonds, cash and money market instruments. The percentages may change due to, among other things, market fluctuations or reallocation decisions by the Funds portfolio managers. In connection with the determination of the Funds allocation ranges, the Adviser considers various factors, including existing and projected market conditions for equity and fixed income securities. Once the asset allocation for bonds, stocks and money market instruments has been set, the Adviser uses fundamental research and analysis to determine which particular investments to purchase or sell.

The percentage allocations within the above ranges may change due to, among other things, market fluctuations or reallocation decisions by Foresters Investment Management Company, Inc. (Adviser). Reallocations are expected to occur infrequently and only when the Funds investments in bonds, stocks and money market instruments fall outside of the above ranges. The Funds investments in stocks are normally diversified among common stocks of large-, mid- and small-size companies that offer the potential for capital growth, current income, or both. In selecting stocks, the Adviser considers, among other things, the issuers financial strength, management, earnings growth potential and history (if any) of paying dividends. The Funds investments in bonds are primarily diversified among different types of bonds and other debt securities, including corporate bonds, U.S.

Government securities and mortgage-backed and other asset-backed securities. The Adviser selects bonds by first considering the outlook for the economy and interest rates, and thereafter, a particular securitys characteristics. The Adviser may sell a security if it becomes fully valued, its fundamentals have deteriorated, alternative investments become more attractive or if it is necessary to rebalance the portfolio. To a lesser extent, the Fund also invests in high yield, below investment grade corporate bonds (commonly known as high yield or junk bonds). The Adviser has retained Muzinich & Co, Inc. (Muzinich) as a subadviser to manage this portion of the Fund. High yield bonds include bonds that are rated below Baa3 by Moodys Investors Service, Inc. or below BBB- by S&P Global Ratings as well as unrated bonds that are determined by Muzinich to be of equivalent quality.

Muzinich will consider ratings assigned by ratings agencies in selecting high yield bonds, but relies principally on its own research and investment analysis. In managing its portion of the Fund, Muzinich focuses on investments it believes can generate attractive and consistent income. Muzinich may sell a bond when it shows deteriorating fundamentals or it falls short of the portfolio managers expectations. In addition, the Adviser may also invest in exchange-traded funds (ETFs) that could expose the Fund to high yield securities. The Fund may also invest in U.S. Treasury futures and options on U.S. Treasury futures to hedge against changes in interest rates.

C000120646 Costs and Fees

C000120646 costs about $91 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.91%
• Gross expense ratio: 0.91%
• Portfolio turnover: 68%
• Brokerage commissions: 5.26 bps of average net assets (SEC N-CEN)

C000120646 Cashflows

Over the 12 months to 2019-09, First Investors Life Series Total Return Fund had net outflows of $1.11M, from monthly SEC N-PORT filings.

C000120646 Debt Constituents

No individual debt constituents are reported in First Investors Life Series Total Return Fund's latest SEC N-PORT filing.

C000120646 Prospectus and SEC Filings

Official First Investors Life Series Total Return Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2019-05-21
• Prospectus (485BPOS) — filed 2018-05-22
• Prospectus (485BPOS) — filed 2017-05-18
• Portfolio holdings (N-PORT) — filed 2019-11-29
• Annual census (N-CEN) — filed 2019-03-13

Related Funds

Other Money Market funds tracked on ABC INVEST:

• Emerald Growth Fund (HSPCX)
• Barings Active Short Duration Bond Fund (BXDIX)
• IVA Worldwide Fund (IVWAX)
• Stadion Tactical Growth Fund (ETFDX)
• BBH Partner Fund - Select Short Term Assets (BBSTX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.