Liquidation: MML SERIES INVESTMENT FUND
Form Type: 497
Filing Date: 2025-03-24
Corporate Action: Liquidation
Type: New
Accession Number: 000110465925027188
Filing Summary: On March 24, 2025, MML Series Investment Fund announced a Plan of Liquidation and Termination approved by its Boards of Trustees for multiple funds including MML Dynamic Bond Fund, MML Equity Rotation Fund, MML Fundamental Value Fund, MML High Yield Fund, and MML Strategic Emerging Markets Fund. The funds are expected to be liquidated and dissolved with a termination date set for April 28, 2025, after which remaining shareholders will receive a liquidating distribution based on the net asset value of their shares. Prior to termination, the funds may have a significant portion of assets in cash, which might affect investment objectives. Additionally, from April 25, 2025, these funds will cease to be available for purchase by new investors. Shareholder communication regarding fund substitutions will also occur as part of this process.
Document Link: View Document
Additional details:
Funds Involved: MML Dynamic Bond Fund
Funds Involved: MML Equity Rotation Fund
Funds Involved: MML Fundamental Value Fund
Funds Involved: MML High Yield Fund
Funds Involved: MML Strategic Emerging Markets Fund
Termination Date: 2025-04-28
Liquidating Distribution: net asset value on termination date
New Investors Restriction Date: 2025-04-25
Form Type: 497K
Filing Date: 2025-03-24
Corporate Action: Liquidation
Type: New
Accession Number: 000110465925027197
Filing Summary: The Board of Trustees of the MML Series Investment Fund has approved a Plan of Liquidation and Termination for the MML Fundamental Value Fund, which will lead to the liquidation and dissolution of the Fund. It is expected that, effective on or about April 28, 2025, remaining shareholders will receive a liquidating distribution equal to the net asset value of their shares on the Termination Date. Prior to the Termination Date, the Fund may hold most of its assets in cash or cash equivalents, which may impact its ability to meet its investment objectives. Additionally, the Fund will not be available for purchase by new investors starting on April 25, 2025. This supplement provides new information regarding this action and should be read in conjunction with the Summary Prospectus dated May 1, 2024.
Document Link: View Document
Additional details:
Variable Product Fund Name: MML Fundamental Value Fund
Termination Date: 2025-04-28
Liquidation Distribution: equal to the net asset value of shares
New Investors Availability: not available for purchase starting April 25, 2025
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