State Farm® has been in the mutual funds business since 1968, managing funds then only available to employees and Agents. In 2001, State Farm Mutual Funds products and services became available to the public for the first time.

Our Objective

Our main objective is to make each of our 15 State Farm Mutual Funds® a highly competitive and rewarding long-term investment for our shareholders.

To help achieve this objective, we use an investment management structure that capitalizes on the unique strengths, focused attention, and knowledge of seasoned investment professionals in State Farm’s internal investment department. Because we offer a wide variety of funds, some outside the core knowledge of our internal investment department, we also have seven other highly-respected asset management organizations working for you.

Each of our investment advisors provides well-known, long-established experts in their respective investment strategies and has beliefs and investment philosophies that are consistent with our own.

State Farm Mutual Funds shareholders can feel confident that their investments are being managed in a responsible, conservative, and cost-effective manner consistent with a long-term perspective.


How does our conservative investment approach rank? Learn More

Why State Farm?

April 2012, 00:02:52

Our Investment Team

To learn more about a specific investment advisor, click a link below:

  • BlackRock Fund Advisors (BFA)

    Over 20 years of experience

    Funds Managed

    Overview

    For over 20 years, BFA has been one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management, and advisory services to institutional, intermediary, and individual investors around the world.

    BlackRock’s investment strength is an ability to deliver performance in all market environments by combining the following:

    • Market insights.
    • Global reach and scale.
    • Proprietary technology.
    • A culture of information sharing.
    • A focus on risk management.

    Quick Facts About BlackRock

    • BlackRock is one of the world’s largest institutional investment managers, with nearly $3.5 trillion in assets (as of 12/31/2011).
    • BlackRock manages assets for clients in North and South America, Europe, Asia, Australia, the Middle East, and Africa.
    • The firm employs some 100 investment teams in 27 countries around the world.

  • Bridgeway Capital Management, Inc.

    Funds Managed

    Overview

    The fundamental premise that drives Bridgeway Capital Management Inc.’s investment philosophy is that long-term, market-beating performance can best be achieved through a strict adherence to quantitative methods in the selection of stocks and management of portfolios.

    Bridgeway’s strength lies in:

    • An approach that includes a very lean cost structure and relying on proprietary computer models and on a small but very talented and dedicated team.
    • The value they add by avoiding soft dollars, promoting independence, and aggressively managing trading costs.

    Quick Facts About Bridgeway

    • Bridgeway Capital Management Inc. was founded in 1993.
    • The firm ascribes to four business values: integrity, investment performance, cost efficiency, and service.
    • Among the numerous ways Bridgeway seeks to differentiate itself in the marketplace is its commitment to donating 50 percent of its investment advisory fee profits to charitable and non-profit organizations.
    • The firm is independently owned. Bridgeway manages $1.98 billion in assets (as of 12/31/2011).

  • Northern Trust

    Funds Managed

    Overview

    Founded in 1889, Northern Trust has earned distinction as an industry leader in combining high-touch service and expertise with innovative products and technology.

    Northern Trust is among the largest index managers in the financial industry and their proprietary index management process has consistently provided returns that are competitive with their underlying benchmark indexes.

    Quick Facts About Northern Trust

    • More than $662.9 billion in assets under management (as of 12/31/2011).
    • Northern Trust is well positioned in 18 U.S. states and 12 international countries to achieve continued growth and service capabilities.

  • Northern Cross, LLC

    Funds Managed

    Overview

    Founded in 2003, Northern Cross, LLC is a Boston-based independent investment management firm specializing in international equity mandates. Northern Cross strives to consistently add value for shareholders by focusing investments on high quality companies that can deliver long-term margin expansion and by identifying secular trends.

    Northern Cross employs a straightforward stock selection process, supported by the unique insights of an experienced and proven team. Their process includes:

    • Investing only in businesses that are thoroughly understood by the team.
    • Selecting companies with strong, sustainable market positions in concentrated industries with potential pricing power.
    • Seeking out undervalued assets and franchise values.
    • Committing to robust on-the-ground research.

    Quick Facts About Northern Cross

    • Based in Boston, MA and independently owned by four principals, Northern Cross manages over $32.7 billion in assets (as of 12/31/2011).
    • At Northern Cross, experience matters: As of 11/15/2011, the average industry experience of the four principal members of Northern Cross exceeds 26 years.
    • Northern Cross emphasizes a low-turnover, team-based, value-oriented investment strategy.

  • Westwood Management Corp.

    Funds Managed

    Overview

    For over 25 years, Westwood Management Corp. has followed a consistent investment philosophy to generate consistent and competitive long-term results for investors.

    At the heart of Westwood’s success has been its team-based, value-oriented investment strategy that includes the following distinguishing characteristics:

    • Performance driven by bottom-up fundamental research.
    • Buying high quality companies.
    • Emphasizing risk control and protection of capital.
    • Focused portfolio of “best ideas.”

    Quick Facts About Westwood

    • Westwood Management Corp. is based in Dallas, TX and was founded in 1983.
    • Comprised of a 18-member investment team, Westwood provides investment advisory services to corporate pension funds, public retirement plans, endowments and foundations, mutual funds, and clients of Westwood Trust.
    • Westwood manages over $13.1 billion in assets (as of 12/31/2011).

  • Marsico Capital Management, LLC

    Funds Managed

    Overview

    Founded in 1997, Marsico Capital Management, LLC employs an investment approach that combines elements of “top-down” macroeconomic analysis and “bottom-up” company and stock analysis. With this approach, Marsico emphasizes the selection of what they believe are stocks of high-quality companies with compelling potential for long-term capital appreciation.

    Marsico investment team members’ backgrounds are highly diverse, but they share several core characteristics, including:

    • Competitiveness, 
    • Curiosity,
    • Passion for the stock market,
    • Tremendous work ethic, and
    • A deep sense of responsibility to shareholders.

    Interview With Marsico: International Equity Fund

    July 2011, 00:08:50

    Quick Facts About Marsico

    • The firm is based in Denver, CO and independently-owned.
    • Valuing an experienced team approach, Marsico’s investment team is comprised of 4 portfolio managers and 17 research analysts.
    • Marsico manages over $37.3 billion in assets (as of 12/31/2011).

  • Rainier Investment Management, Inc.®

    Funds Managed

    Overview

    Rainier Investment Management, Inc. employs a consistent “growth at a reasonable price” philosophy that includes the following characteristics:

    • Selection: fundamental analysis is the foundation of finding companies with strong earnings growth.
    • Diversification: growth opportunities exist in all sectors of the market.
    • Reasonable Price: stocks are purchased at below historical average valuations.

    Quick Facts About Rainier

    • Rainier investment team members average 23 years of experience. 
    • Valuing consistency, Rainier has maintained the same investment team and philosophy.
    • The firm is independently owned. The owners are active employees. Rainier manages $15.5 billion in assets (as of 12/31/2011).

Risk Disclosures

Investing involves risk, including potential for loss.

Additional Disclosures

Mutual Funds Disclosures

Before investing, consider the funds' investment objectives, risks, charges and expenses. Contact State Farm VP Management Corp (1-800-447-4930) for a prospectus or summary prospectus containing this and other information. Read it carefully.

General

Automatic investment plans do not assure a profit or protect against loss.

Neither State Farm nor its agents provide investment, tax, or legal advice.

It is not possible to invest directly in an index.

State Farm VP Management Corp. is a separate entity from those State Farm entities which provide banking and insurance products.

As of June 2nd, 2010, additional fees may apply to certain accounts with balances less than $5000.

Each State Farm LifePath Fund invests all of its assets in a corresponding LifePath Master Portfolio under a master/feeder structure. BlackRock Fund Advisors (“BFA”) is the investment advisor to the LifePath Master Portfolios. State Farm Investment Management Corp. (SFIMC) is the investment advisor to the State Farm LifePath Funds. State Farm VP Management Corp. (SFVPMC) is the distributor of the State Farm LifePath Funds. Neither SFIMC or SFVPMC, or their affiliates, are affiliated with BFA or its affiliates.

BlackRock Investors Services (BIS) provides marketing support to the LifePath Master Portfolios. BFA and BIS are wholly owned subsidiaries of BlackRock Institutional Trust Company, N.A. (“BTC”). Neither BTC or its affiliates are affiliated with State Farm. BTC is located at 400 Howard Street, San Francisco, CA 94105.

BlackRock Fund Advisors (“BFA”) is the investment sub-advisor to the S&P 500 Index Fund.

Ascensus provides recordkeeping and administrative services for retail 401(k) retirement plans offered by State Farm Investment Management Corp.

Net Asset Value (NAV) is calculated by adding all of the assets of a Fund, subtracting the Fund’s liabilities, then dividing by the number of outstanding shares.

Money market mutual fund data is not available for funds other than the State Farm Money Market Fund.

Indices

The Russell 2000® Index tracks the common stock performance of the 2,000 smallest U.S. companies in the Russell 3000® Index.

The Russell 2500 Index tracks the 2,500 smallest companies in the Russell 3000 Index.

The Russell 1000 Index is a stock market index that represents the highest-ranking 1,000 stocks in the Russell 3000 Index.

The Russell Midcap Index measures the performance of the mid-cap segment of the US equity market and is a subset of the Russell 1000 Index.

The Dow Jones Industrial Average is an unmanaged average of 30 actively traded stocks.

The NASDAQ Composite is an unmanaged market capitalization weighted index that is designed to represent the performance of the National Market System.

The S&P 500® Index tracks the common stock performance of 500 large U.S. companies.

The S&P 1500 Index is a stock market index of U.S. stock that includes all stocks in the large cap S&P 500 Index, the mid cap S&P 400 Index, and the small cap S&P 600 Index.

The Morgan Stanley Capital International Europe, Australasia and Far East Free (EAFE® Free) Index currently measures the performance of stock markets of Europe, Australia, New Zealand, and the Far East.

The Morgan Stanley Capital International Europe Index is a free float-adjusted market capitalization index that is designed to measure developed market equity performance in Europe.

The Barclays 1-5 Year U.S. Treasury Index measures the performance of short-term U.S. Treasury Securities maturing within one to five years.

The Barclays U.S. Aggregate Bond Index represents debt securities in the U.S. investment grade fixed rate bond market.

The Barclays Municipal Bond Index is an unmanaged index representative of the tax-exempt bond market.

The Barclays High Yield Index includes all fixed income securities having a maximum quality rating from Moody’s Investor Service of Ba1, a minimum amount outstanding of $100 million, and at least one year to maturity.

The Barclays TIPS Index measures the performance of the US Treasury Inflation-Protected Securities (TIPS) market.

The Citigroup 3 Month T-Bill Index is an average of the last 3-month Treasury bill issues (excluding the current month-end bill).

The FTSE EPRA/NAREIT Developed REIT and Non-Reit Index is a subset of the Developed Index, which is designed to track the performance of listed real estate companies and REITS worldwide.

The MSCI ACWI (All Country World Index) Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets.

The Nikkei 225 Index is a price-weighted index comprised of Japan’s top 225 blue-chip companies on the Tokyo Stock Exchange.

The Credit Suisse High Yield Index is designed to mirror the investible universe of the $U.S. – Denominated high yield debt market.

The New York Stock Exchange is considered the largest equities-based exchange in the world based on total market capitalization of its listed securities.

The CBOE 10-Year Treasury Note (TNX) is based on 10 times the yield-to-maturity on the most recently auctioned 10-year Treasury note. The notes are usually auctioned every three months following the refunding cycle: February, May, August and November. The expiration period of these notes is three near-term months plus three additional months from the March quarterly cycle. The aggregate position and exercise limits are 25,000 contracts on the same side of the market.

The Blended Benchmark for the Equity and Bond Fund is a combination of 60% of the S&P 500 Index and 40% of the Barclays U.S. Aggregate Bond Index, rebalanced monthly.

The Blended Benchmark for the LifePath Funds is a combination of the holdings in the Barclays U.S Aggregate Bond Index, Russell 1000 Index, MSCI ACWI ex-U.S. Index, FTSE EPRA/NAREIT Developed Real Estate Index and Barclays TIPS Index. The weightings of the indices are adjusted quarterly to reflect the funds' changing asset allocations over time.

Trademarks

iShares and LifePath®, LifePath 2020®, LifePath 2030®, LifePath 2040®, and LifePath 2050® are all registered trademarks of BlackRock Institutional Trust Company, N.A. All other trademarks, service marks or registered trademarks are the property of their respective owners.

“Standard & Poor’s®”, “S&P®”, “S&P 500®”, “Standard and Poor’s 500”, and “500” are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use by State Farm Life Insurance Company, State Farm Life and Accident Assurance Company and the State Farm Variable Product Trust. Neither the Large Cap Equity Index Fund nor the Stock and Bond Balanced Fund is sponsored, endorsed, sold or promoted by Standard & Poor’s, and Standard & Poor’s makes no representation regarding the advisability of investing in the Large Cap Equity Index Fund or the Stock and Bond Balanced Fund.

The Russell 2000® Index is a trademark/service mark, and Russell™ is a trademark of the Frank Russell Company. The Small Cap Equity Index Fund is not sponsored, endorsed, sold or promoted by, nor in any way affiliated with the Frank Russell Company. Frank Russell Company is not responsible for and has not reviewed the Small Cap Equity Index Fund nor any associated literature or publications and Frank Russell Company makes no representation or warranty, express or implied, as to their accuracy, or completeness, or otherwise.

The EAFE® Free Index is a trademark, service mark and the exclusive property of Morgan Stanley Capital International, Inc. (“MSCI”) and its affiliates and has been licensed for use by the State Farm Variable Product Trust (the “Trust”). The International Equity Index Fund (the “Fund”), based on the EAFE® Free Index, has not been passed on by MSCI as to its legality or suitability, and is not issued, sponsored, endorsed, sold or promoted by MSCI. MSCI makes no warranties and bears no liability with respect to the Fund. MSCI has no responsibility for and does not participate in the management of the Fund assets or sale of the Fund shares. The Trust’s Prospectus contains a more detailed description of the limited relationship MSCI has with the Trust and the Fund.

Non-US Residents

Each of the investment products and services referred to on the State Farm Mutual Funds web site is intended to be made available to customers or prospective customers residing in the United States. The customer’s U.S. permanent residence address must be a street address. This web site shall not be considered a solicitation or offering for any investment product or service to any person in any jurisdiction where such solicitation or offer would be unlawful.

Business Continuity Plan

State Farm VP Management Corp. has developed a Business Continuity Plan on how we will respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they occur. With that in mind, download this information (PDF 27 KB) on our business continuity plan.

Need Assistance?

1-800-447-4930 Mutual Funds
1-888-702-2307 Variable Products

AP2012/04/0428

Not FDIC Insured
  • No Bank Guarantee
  • May Lose Value

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