MILLIMAN VARIABLE INSURANCE TRUST
71 S. Wacker Dr., 31st Floor
Chicago, IL 60606
FORESIDE FUND SERVICES, LLC
Three Canal Plaza, Suite 100
Portland, ME 04101
December 1, 2021
Via EDGAR Transmission
Mr. Patrick Scott
Division of Investment Management
U.S. Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549
Re:
Milliman Variable Insurance Trust
Files Nos. 333-257356; 811-23710
Transmittal Letter and Request for Acceleration
Dear Mr. Scott:
Attached herewith is Pre-Effective Amendment No. 2 to the Registration Statement on Form N-1A (the “Pre-Effective Amendment”) for Milliman Variable Insurance Trust (the “Registrant”). The Pre-Effective Amendment is being filed with the U.S. Securities and Exchange Commission (the “SEC”) via EDGAR pursuant to Rule 472 under the Securities Act of 1933, as amended (the “Securities Act”).
This Pre-Effective Amendment relates to 59 series of the Registrant, as specified in Appendix A attached hereto (collectively, the “Funds”). The Pre-Effective Amendment is being filed for the purposes of (1) responding to comments received from the Staff of the SEC on Pre-Effective Amendment No. 1 to the Registrant’s Registration Statement on Form N-1A, which was filed with the SEC on September 20, 2021, (2) reflecting certain other changes to the disclosure contained in the Registration Statement, and (3) filing audited financial statements for the following Funds: Milliman 6-Year Buffered S&P 500 with Par Up Outcome Fund – Jul (I) and Milliman 6-Year Parred Down S&P 500 with Par Up Outcome Fund – Jul (I).
On behalf of the Registrant and its principal underwriter, Foreside Fund Services, LLC, pursuant to the requirements of Rule 461 under the Securities Act, we respectfully request that the effectiveness of the above-mentioned Registration Statement, as amended by the Pre-Effective Amendment, be accelerated to Friday, December 3, 2021, or as soon as practicable thereafter. It is our understanding that Mr. Scott has previously discussed the possible acceleration of the Registration Statement, as amended by the Pre-Effective Amendment, with Joel D. Corriero of Stradley Ronon Stevens & Young, LLP.
Thank you for your prompt attention to the Pre-Effective Amendment and to the request for acceleration. Please contact Joel D. Corriero at (215) 564-8528 or Alan P. Goldberg at (312) 964-3503 if you have any questions or need further information.
| /s/ Adam Schenck | | /s/ Mark Fairbanks |
| Adam Schenck | | Mark Fairbanks |
| President and Chairman of the Board of Trustees | | Vice President |
| Milliman Variable Insurance Trust | | Foreside Fund Services, LLC |
Appendix A
| 1. | Milliman 6-Month Buffered S&P 500 with Par Up Outcome Fund - Jan/Jul |
| 2. | Milliman 6-Month Buffered S&P 500 with Par Up Outcome Fund - Feb/Aug |
| 3. | Milliman 6-Month Buffered S&P 500 with Par Up Outcome Fund - Mar/Sep |
| 4. | Milliman 6-Month Buffered S&P 500 with Par Up Outcome Fund - Apr/Oct |
| 5. | Milliman 6-Month Buffered S&P 500 with Par Up Outcome Fund - May/Nov |
| 6. | Milliman 6-Month Buffered S&P 500 with Par Up Outcome Fund - Jun/Dec |
| 7. | Milliman 6-Month Parred Down S&P 500 with Par Up Outcome Fund - Jan/Jul |
| 8. | Milliman 6-Month Parred Down S&P 500 with Par Up Outcome Fund - Feb/Aug |
| 9. | Milliman 6-Month Parred Down S&P 500 with Par Up Outcome Fund - Mar/Sep |
| 10. | Milliman 6-Month Parred Down S&P 500 with Par Up Outcome Fund - Apr/Oct |
| 11. | Milliman 6-Month Parred Down S&P 500 with Par Up Outcome Fund - May/Nov |
| 12. | Milliman 6-Month Parred Down S&P 500 with Par Up Outcome Fund - Jun/Dec |
| 13. | Milliman 1-Year Buffered S&P 500 with Spread Outcome Fund - Jan |
| 14. | Milliman 1-Year Buffered S&P 500 with Spread Outcome Fund - Feb |
| 15. | Milliman 1-Year Buffered S&P 500 with Spread Outcome Fund - Mar |
| 16. | Milliman 1-Year Buffered S&P 500 with Spread Outcome Fund - Apr |
| 17. | Milliman 1-Year Buffered S&P 500 with Spread Outcome Fund - May |
| 18. | Milliman 1-Year Buffered S&P 500 with Spread Outcome Fund - Jun |
| 19. | Milliman 1-Year Buffered S&P 500 with Spread Outcome Fund - Jul |
| 20. | Milliman 1-Year Buffered S&P 500 with Spread Outcome Fund - Aug |
| 21. | Milliman 1-Year Floored S&P 500 with Par Up Outcome Fund - Jan |
| 22. | Milliman 1-Year Floored S&P 500 with Par Up Outcome Fund - Feb |
| 23. | Milliman 1-Year Floored S&P 500 with Par Up Outcome Fund - Mar |
| 24. | Milliman 1-Year Floored S&P 500 with Par Up Outcome Fund - Apr |
| 25. | Milliman 1-Year Floored S&P 500 with Par Up Outcome Fund - May |
| 26. | Milliman 1-Year Floored S&P 500 with Par Up Outcome Fund - Jun |
| 27. | Milliman 1-Year Floored S&P 500 with Par Up Outcome Fund - Jul |
| 28. | Milliman 1-Year Floored S&P 500 with Par Up Outcome Fund - Aug |
| 29. | Milliman 1-Year Buffered S&P 500 & Nasdaq with Stacker Cap Outcome Fund - Jan |
| 30. | Milliman 1-Year Buffered S&P 500 & Nasdaq with Stacker Cap Outcome Fund - Feb |
| 31. | Milliman 1-Year Buffered S&P 500 & Nasdaq with Stacker Cap Outcome Fund - Mar |
| 32. | Milliman 1-Year Buffered S&P 500 & Nasdaq with Stacker Cap Outcome Fund - Apr |
| 33. | Milliman 1-Year Buffered S&P 500 & Nasdaq with Stacker Cap Outcome Fund - May |
| 34. | Milliman 1-Year Buffered S&P 500 & Nasdaq with Stacker Cap Outcome Fund - Jun |
| 35. | Milliman 1-Year Buffered S&P 500 & Nasdaq with Stacker Cap Outcome Fund - Jul |
| 36. | Milliman 1-Year Buffered S&P 500 & Nasdaq with Stacker Cap Outcome Fund - Aug |
| 37. | Milliman 1-Year Buffered S&P 500 & Russell 2000 with Stacker Cap Outcome Fund - Jan |
| 38. | Milliman 1-Year Buffered S&P 500 & Russell 2000 with Stacker Cap Outcome Fund - Feb |
| 39. | Milliman 1-Year Buffered S&P 500 & Russell 2000 with Stacker Cap Outcome Fund - Mar |
| 40. | Milliman 1-Year Buffered S&P 500 & Russell 2000 with Stacker Cap Outcome Fund - Apr |
| 41. | Milliman 1-Year Buffered S&P 500 & Russell 2000 with Stacker Cap Outcome Fund - May |
| 42. | Milliman 1-Year Buffered S&P 500 & Russell 2000 with Stacker Cap Outcome Fund - Jun |
| 43. | Milliman 1-Year Buffered S&P 500 & Russell 2000 with Stacker Cap Outcome Fund - Jul |
| 44. | Milliman 1-Year Buffered S&P 500 & Russell 2000 with Stacker Cap Outcome Fund - Aug |
| 45. | Milliman 1-Year Buffered S&P 500 & MSCI EAFE with Stacker Cap Outcome Fund - Jan |
| 46. | Milliman 1-Year Buffered S&P 500 & MSCI EAFE with Stacker Cap Outcome Fund - Feb |
| 47. | Milliman 1-Year Buffered S&P 500 & MSCI EAFE with Stacker Cap Outcome Fund - Mar |
| 48. | Milliman 1-Year Buffered S&P 500 & MSCI EAFE with Stacker Cap Outcome Fund - Apr |
| 49. | Milliman 1-Year Buffered S&P 500 & MSCI EAFE with Stacker Cap Outcome Fund - May |
| 50. | Milliman 1-Year Buffered S&P 500 & MSCI EAFE with Stacker Cap Outcome Fund - Jun |
| 51. | Milliman 1-Year Buffered S&P 500 & MSCI EAFE with Stacker Cap Outcome Fund - Jul |
| 52. | Milliman 1-Year Buffered S&P 500 & MSCI EAFE with Stacker Cap Outcome Fund - Aug |
| 53. | Milliman 6-Year Buffered S&P 500 with Par Up Outcome Fund - Jan (I) |
| 54. | Milliman 6-Year Buffered S&P 500 with Par Up Outcome Fund - Apr (I) |
| 55. | Milliman 6-Year Buffered S&P 500 with Par Up Outcome Fund - Jul (I) |
| 56. | Milliman 6-Year Parred Down S&P 500 with Par Up Outcome Fund - Jan (I) |
| 57. | Milliman 6-Year Parred Down S&P 500 with Par Up Outcome Fund - Apr (I) |
| 58. | Milliman 6-Year Parred Down S&P 500 with Par Up Outcome Fund - Jul (I) |
| 59. | Millman Money Market Fund |
