VY® JPMorgan Emerging Markets Equity Portfolio - Service Class Release Date

03-31-18..........................................................................................................................................................................................................................................................................................................................................CategoryDiversified Emerging Mkts

Investment Objective & StrategyFrom the investment's prospectus

The investment seeks capital appreciation. Under normal market conditions, the Portfolio invests at least 80% of its net assets (plus borrowings for investment purposes) in the equity securities of issuers located in at least three countries with emerging securities markets. Countries with emerging markets include most countries in the world except Australia, Canada, Japan, New Zealand, the United Kingdom, the United States, and most of the countries of Western Europe. Past name(s) : ING JPMorgan Emerging Mkts Eq Port S.

Volatility and RiskVolatility as of 03-31-18

Low Moderate High

Investment

Category

Risk Measures as of 03-31-18 Port Avg Rel S&P 500 Rel Cat3 Yr Std Dev 15.43 1.50 1.023 Yr Beta 1.09 . 1.06

Principal RisksLending, Credit and Counterparty, Extension, Prepayment (Call),Currency, Emerging Markets, Foreign Securities, Loss ofMoney, Not FDIC Insured, Capitalization, Value Investing,Issuer, Interest Rate, Market/Market Volatility, ConvertibleSecurities, High-Yield Securities, Mortgage-Backed and Asset-Backed Securities, Repurchase Agreements, Restricted/IlliquidSecurities, Underlying Fund/Fund of Funds, U.S. GovernmentObligations, Derivatives, China Region, Financials Sector, RealEstate/REIT Sector

Important InformationMorningstar Investment Profiles must be accompaniedby Morningstar Disclosure and Glossary.

Funds or their affiliates may pay compensation to Voya®affiliates offering a fund. Such compensation may be paid outof distribution, service and/or 12b-1 fees that are deducted fromthe fund's assets, and/or may be paid directly by the fund'saffiliates. Any fees deducted from fund assets are discussed inthe fund's prospectus and disclosed in the fund fact sheet.Because these fees are paid on an on-going basis, over timethese fees will increase the cost of your investment and maycost you more than paying other types of sales charges. Ifoffered through a retirement program, additional fees andexpenses may be charged under that program. NOT A DEPOSIT.NOT FDIC INSURED. NOT INSURED BY ANY FEDERALGOVERNMENT AGENCY. NOT GUARANTEED BY THEINSTITUTION. MAY GO DOWN IN VALUE.

Portfolio AnalysisComposition as of 12-31-17 % Assets

U.S. Stocks 3.8Non-U.S. Stocks 92.9Bonds 0.0Cash 2.9Other 0.4

Morningstar Style Box™ as of 12-31-17 % Mkt Cap

LargeM

idSm

all

Value Blend Growth

Giant 64.87..........................................................Large 25.03Medium 9.89Small 0.21..........................................................Micro 0.00

Top 10 Holdings as of 12-31-17 % Assets

Tencent Holdings Ltd 7.13Alibaba Group Holding Ltd ADR 4.47AIA Group Ltd 4.15Samsung Electronics Co Ltd 4.12Ping An Insurance (Group) Co. of China Ltd H 3.92.......................................................................................................HDFC Bank Ltd ADR 3.83Housing Development Finance Corp Ltd 3.33Sberbank of Russia PJSC 3.23Bid Corp Ltd 2.98BlackRock Liquidity FedFund Instl 2.84

Morningstar Super Sectors as of 12-31-17 % Fund

h Cyclical 51.41j Sensitive 33.72k Defensive 14.87

Morningstar World Regions as of 12-31-17 % Fund

Americas 19.33........................................................................................................North America 3.97Latin America 15.36

Greater Europe 17.39........................................................................................................United Kingdom 0.00Europe Developed 3.69Europe Emerging 5.16Africa/Middle East 8.55

Greater Asia 63.28........................................................................................................Japan 0.00Australasia 0.00Asia Developed 19.74Asia Emerging 43.54

OperationsGross Prosp Exp Ratio 1.50% of fund assetsNet Prosp Exp Ratio 1.50% of fund assetsManagement Fee 1.25%12b-1 Fee 0.25%Other Fee .Miscellaneous Fee(s) 0.00%Fund Inception Date 02-18-98Total Fund Assets ($mil) 598.5Annual Turnover Ratio % 26.00Fund Family Name Voya

Waiver Data Type Exp. Date %

. . . .

Portfolio Manager(s)

Austin Forey. Since 2005.Leon Eidelman, CFA. Since 2013.................................................................................................Advisor Voya Investments, LLCSubadvisor J.P. Morgan Investment

Management, Inc.

Notes

©2018 Morningstar, Inc., Morningstar Investment Profiles™ 312-696-6000. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) maynot be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any useof information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com.

ß® 13.779-118 (4/18)

CN0207-39981-0320D