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Gold Track Select (GTS) Variable Annuity is a long-term financial
vehicle that may suit your individual needs and overall retirement
strategy. It features:
- Guaranteed Death Benefit
- Unlimited transfers (some restrictions may apply; please
see prospectus)
- Various payout options
- Automatic rebalancing
Some of the Funding Options
| Asset Class
|
Name
|
| Cash/Cash Equivalent |
BlackRock
Money Markey PortfolioB, F, X |
| Aggregate Bond |
BlackRock
Bond Income PortfolioB, F, H
Lehman
Brothers Aggregate Bond FundB, F, I
PIMCO Total
Return PortfolioB, D, F, H |
| Multi-Sector Bond |
Pioneer
Strategic Income PortfolioB, F, H |
| High Yield Bond |
BlackRock
High Yield PortfolioB, F, H |
| Balanced |
MFS
Total Return PortfolioB, F, L, V |
| Global |
American
Funds Global Growth FundF, G |
| Large Cap (Value) |
Legg
Mason Partners Variable Fundamental Value PortfolioB,
E, F, G, L, M, S, V
Legg Mason Partners Variable Investors PortfolioF,
L, V
FI
Value Leaders Portfolio (Fidelity)F, L, V
Van
Kampen LIT Comstock PortfolioF |
| Large Cap (Blend) |
American
Funds Growth-Income FundF, G, L, V
Legg
Mason Partners Variable Appreciation PortfolioG,
L, M, S, V
Lord
Abbett Growth and Income Portfolio G,
L, V
MetLife
Stock Index FundG, I, L, V
|
| Mid Cap (Blend) |
Lazard
Mid-Cap Stock PortfolioF, G, L, M, S, V
Fidelity
VIP Mid Cap PortfolioG, M, V, W |
| Small Cap (Value) |
Third
Avenue Small Cap Value PortfolioF, N, S, V |
| Large Cap (Growth) |
American
Funds Growth FundF, G, L
Fidelity VIP Contrafund® PortfolioF, G, L,
V, W
Legg
Mason Partners Variable Large Cap Growth PortfolioG,
L, M,S
Janus
Forty Portfolio B, F, G, H, L, M, S
Legg
Mason Partners Variable Aggressive Growth PortfolioB, F, G, H, L, N
Met/AIM
Capital Appreciation PortfolioF, G, S, V
FI
Large Cap Portfolio (Fidelity)B, F, G, H, L
|
| Small Cap (Growth) |
Legg
Mason Partners Variable Small Cap Growth PortfolioG,
S |
| Mid Cap (Growth) |
Janus
Aspen Mid Cap Growth PortfolioG, M |
|
|
Historical
Fund Performance
|
| B |
Bond and other fixed-income securities involve both credit
risk and market risk, which includes interest rate risk.
Credit risk is the risk that the security’s issuer
will not pay the interest, dividends or principal that it
has promised to pay. Market risk is the risk that the value
of the security will fall because of changes in market rates
of interest or other factors. Interest rate risk reflects
the fact that the values of fixed-income securities tend
to fall as interest rates rise. When interest rates go down,
interest earned on fixed-income securities will tend to
decline. |
| D |
The Portfolio may use derivative instruments for hedging
purposes or as part of its investment strategy. Use of these
instruments may involve certain costs and risks such as
liquidity risk, interest rate risk, market risk, credit
risk, management risk and the risk that a fund could not
close out a position when it would be most advantageous
to do so. Portfolios investing in derivatives could lose
more than the principal amount invested in those instruments. |
| F |
Foreign securities pose additional risks that are not
associated with U.S. domestic issues, such as changes in
currency exchange rates and different governmental regulations,
economic conditions and accounting standards. |
| G |
Invests in growth stocks, the prices of which may be more
sensitive to changes in current or expected earnings than
the prices of other stocks. Growth stocks may not perform
as well as value stocks or the stock market in general. |
| H |
Lower rated high yield, high risk securities generally
involve more credit risk. These securities may also be subject
to greater market price fluctuations than lower yielding,
higher rated debt securities. |
| I |
Morgan Stanley sponsors the MSCI EAFE® Index, Lehman
Brothers sponsors the Lehman Brothers® Aggregate Bond
Index, Standard & Poor's sponsors the S&P 500®
Index and the S&P MidCap 400® Index, and Frank Russell
Company sponsors the Russell 2000® Index (together referred
to as "index sponsors"). Direct investment in
an index is not possible. The index sponsors do not sponsor,
endorse, sell or promote the portfolios or make any representation
regarding the advisability of investing in the portfolios.
The index sponsors have no responsibility for and do not
participate in the management of portfolio assets or sale
of portfolio shares. Each index and its associated trademarks
and service marks are the exclusive property of the respective
index sponsors. The Metropolitan Series Fund, Inc. Statement
of Additional Information contains a more detailed description
of the limited relationship the index sponsors have with
MetLife and the Fund. |
| L |
Invests in the common stock of large capitalization companies.
These investments may not be able to attain the growth rates
as high as those of successful smaller capitalization companies,
especially during extended periods of economic expansion. |
| M |
The common stocks of medium-sized companies may be more
volatile than those of larger, more established companies. |
| R |
Investing in real estate involves special risks, which
may not be associated with investing in stocks, including
possible declines in real estate values, adverse economic
conditions, and changes in interest rates. |
| S |
Investments in small capitalization and emerging growth
companies involve greater than average risk. Such securities
may have limited marketability and the issuers may have
limited product lines, markets and financial resources.
The value of such investments may fluctuate more widely
than investments in larger, more established companies. |
| V |
Invests in stocks that tend to trade at lower prices relative
to their fundamental financial characteristics and are therefore
considered undervalued. Value stocks can perform differently
than other categories of stocks (e.g., growth stocks) and
can continue to be undervalued by the market for long periods
of time. |
| W |
These funding choices are Fidelity Variable Insurance
Products funds that are designed as investment vehicles
for variable annuity and variable life insurance contracts
of insurance companies. MetLife receives a fee from Fidelity
for providing certain recordkeeping and administrative services.
You are not responsible for these fees. |
| X |
An investment in the BlackRock Money Market Portfolio
is not insured or guaranteed by the Federal Deposit Insurance
Corporation or any other government agency. Although the
Portfolio seeks to preserve the value of your investment
at $100.00 per share, it is possible to lose money by investing
in the Portfolio. |
Death Benefit
The following death benefit is available with GTS:*
• Prior to participant attaining age 75: the
death benefit is the greater of a) or b), less applicable
premium taxes or prior surrenders not previously deducted:
(a) the value of participant's individual account
(b) the total purchase payments, less any withdrawals, under
the participant’s individual account.
• Age 75 and above: the death benefit is equal
to the cash value of the participant's individual account,
less any applicable premium tax.
In any event, less any loans outstanding.
Charges & Expenses
The mortality and expense charge is 0.60%. Each funding
option charges its own fees and expenses. Withdrawals where
permitted are subject to IRS rules. They are subject to ordinary
income tax and generally an additional 10% penalty if you are
under the age of 59 ½. There is no 10% tax penalty for
457 arrangements. Please see the prospectus for more information.
Like most annuity contracts, GTS contains certain surrender
charges, exclusions, limitations, termination provisions and
terms for keeping them in force. See your representative for
complete details.
* Death benefit is payable only if the participant should die
prior to annuitizing the contract. All product guarantees in
the GTS variable annuity are based on the financial strength
and claims-paying ability of MetLife Insurance Company of Connecticut,
Bloomfield, CT 06002-2910.
Gold Track Select Variable Annuity is offered by prospectus
only, which is available from your registered representative.
You should carefully consider the product’s features, risks,
charges and expenses, and the investment objectives, risks and
policies of the underlying portfolios, as well other information
about the underlying funding choices. This and other information
is available in the prospectus, which you should read carefully
before investing. The amounts allocated to the variable investment
options of your account balance are subject to market fluctuations
so that, when withdrawn or annuitized it may be worth more or
less than its original value. Product availability and features
may vary by state. The Registered Fixed Account Option (also
known as the Gold Track Select Variable Annuity Fixed Account)
is offered by prospectus only, which is available from your
registered representative. Withdrawals from the Registered Fixed
Account are subject to a market value adjustment. The market
value adjustment may be lower or higher than your contract value.
Gold Track Select is issued on policy form number L-14666TX,
L-14669TX and L-14672TX by MetLife Insurance Company of Connecticut,
1300 Hall Boulevard, Bloomfield, CT 06002-2910. MetLife Investors
Distribution Company LLC (member FINRA) is the principal underwriter,
5 Park Plaza, Suite 1900, Irvine, CA 92614.
Securities, including variable products, are offered through
MetLife Securities, Inc., 200 Park Ave., New York, NY 10016
(member FINRA, SIPC). MetLife Insurance Company of Connecticut,
MetLife Investors Distribution Company, MetLife Securities,
Inc. and Metropolitan Life Insurance Company are MetLife companies.
MetLife Resources is a division of Metropolitan Life Insurance
Company, 200 Park Avenue, New York, NY 10166.
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