Universal Life Product Overview & Performance

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American Equity

Currently tracking Dynamic American Fund

November 30, 2025

Fund Overview

The objective of the fund seeks long-term capital appreciation and income by investing in a diversified portfolio comprised primarily of fixed income, equity and real estate related investments. The portfolio, at times, may assume limited exposures to commodity related investments or other alternative asset classes.

Risk Rating

This fund's risk rating is Medium

As of September 30, 2025

Asset Allocation (%)

Asset Percent
US Equity 95.2%
International Equity 4.6%
Cash and Equivalents 0.2%

Sector Allocation (%)

Sector Percent
Technology 53.2%
Financial Services 18.5%
Industrial Goods 12.2%
Real Estate 4.8%
Consumer Services 4.5%
Basic Materials 2.3%
Utilities 2.2%
Consumer Goods 2.1%
Cash and Cash Equivalent 0.2%

Geographic Allocation (%)

Region Percent
North America 95.4%
Asia 2.5%
Europe 2.1%

Top 10 Holdings (%)

As of September 30, 2025

Name Percent
NVIDIA Corp 9.07%
Apple Inc 8.63%
Alphabet Inc Cl A 5.73%
Broadcom Inc 4.86%
Microsoft Corp 4.27%
JPMorgan Chase & Co 4.18%
General Electric Co 3.54%
Amphenol Corp Cl A 3.28%
Meta Platforms Inc Cl A 3.25%
Teledyne Technologies Inc 2.59%

Growth of $10,000

As of November 30, 2025

Period:

For the period 11/30/2015 through 11/30/2025 with $10,000 CAD investment, The value of the investment would be $26,556

Calendar Return (%)

As of November 30, 2025

Period 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Fund 31.02 9.63 -17.55 7.10 15.89 21.07 13.39 11.29 4.60 17.18

Compound Return (%)

As of November 30, 2025

Period 1 mth 3 mths 6 mths 1 yr 3 yr 5 yr 10 yr
Fund -0.24 9.03 16.98 6.62 14.74 6.63 10.00
Product Current annual LIO admin fee Maximum annual LIO admin fee
Equitable Generations 0.00 % 0.00 %

Other Fund Information

Product Availabilty

Equitable Generations™

Date of Inception:

August 1979

Estimated Management
Expense Ratio (MER)*:

2.39%

Fund Category

U.S. Equity

Portfolio Manager

1832 Asset Management L.P.

Investment Style

Equity

Market Capitalization: Large

Fund Style: Growth

Performance Chart

Period:
American Equity

Summary

For the period 11/30/2015 through 11/30/2025 with $10,000 CAD investment

Total returns performance

165.56% Up

Value of $10,000 investment

$26,556.50  CAD