AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON DECEMBER 17, 1999
- ------------------------------------------------------------------------------
FILE NOS. 333-00999
811-7541
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM N-4
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
POST-EFFECTIVE AMENDMENT NOS. 6 /X/
AND/OR
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY
ACT OF 1940
AMENDMENT NO. 8 /X/
GLENBROOK LIFE MULTI-MANAGER VARIABLE ACCOUNT
(Exact Name of Registrant)
GLENBROOK LIFE AND ANNUITY COMPANY
(Name of Depositor)
3100 SANDERS ROAD
NORTHBROOK, ILLINOIS 60062
847/402-2400
(Address and Telephone number of Depositor's Principal Offices)
MICHAEL J. VELOTTA
VICE PRESIDENT, SECRETARY AND GENERAL COUNSEL
GLENBROOK LIFE AND ANNUITY COMPANY
3100 SANDERS ROAD
NORTHBROOK, ILLINOIS 60062
847/402-2400
(Name, Complete Address and Telephone Number of Agent for Service)
COPIES TO:
RICHARD T. CHOI, ESQUIRE TERRY R. YOUNG, ESQUIRE
FREEDMAN, LEVY, KROLL & SIMONDS ALLSTATE LIFE FINANCIAL SERVICES, INC.
1050 CONNECTICUT AVENUE, N.W. 3100 SANDERS ROAD
SUITE 825 NORTHBROOK, IL 60062
WASHINGTON, D.C. 20036-5366
Approximate date of proposed public offering: Continuous
IT IS PROPOSED THAT THIS FILING WILL BECOME EFFECTIVE
(CHECK APPROPRIATE BOX)
/X/ immediately upon filing pursuant to paragraph (b) of Rule 485
/ / on (date)pursuant to paragraph (b) of Rule 485
/ / 60 days after filing pursuant to paragraph (a)(1) of Rule 485
/ / on (date) pursuant to paragraph (a)(i) of Rule 485
IF APPROPRIATE, CHECK THE FOLLOWING BOX:
/ / This post-effective amendment designates a new effective date for a
previously filed post-effective amendment.
Title of Securities Being Registered: Units of interest in the Glenbrook Life
Multi-Manager Variable Account under deferred variable annuity contracts.
<PAGE>
Explanatory Note
Registrant is filing this Post-effective Amendment No. 6 solely for the purpose
of reflecting changes in the variable sub-accounts that will be available under
the Glenbrook Enhanced Provider Variable Annuity contract described in the
registration statement, when offered by certain financial institutions.
Registrant does not intend for this Post-effective Amendment No. 6 to amend or
delete, any other part of this registration statement except as specifically
noted herein.
<PAGE>
Glenbrook Life and Annuity Company
Glenbrook Life Multi-Manager Variable Account
Supplement, dated December 17, 1999, to
Glenbrook Provider Variable Annuity Prospectus
dated May 1, 1999
This supplement amends certain disclosure contained in the above-referenced
prospectus for your Glenbrook Provider Variable Annuity Contract (the
"Contract"). Please keep this supplement for future reference together with your
prospectus.
Cover page: Replace the second paragraph and the first sentence of the third
paragraph with the following:
The Contract currently offers 42 ("investment alternatives"). The investment
alternatives include 3 fixed account options ("Fixed Account Options") and
39 variable sub-accounts ("Variable Sub-Accounts") of the Glenbrook Life
Multi-Manager Variable Account ("Variable Account"). Each Variable
Sub-Account invests exclusively in shares of one of the following portfolios
("Portfolios") of the following mutual funds ("Funds"):
<TABLE>
<CAPTION>
<S> <C>
AIM Variable Insurance Funds, Inc.: Goldman Sachs Variable Insurance Trust:
----------------------------------- ---------------------------------------
AIM V.I. Balanced Fund Goldman Sachs Capital Growth Fund
AIM V.I. Diversified Income Fund Goldman Sachs CORE Small Cap Equity Fund
AIM V.I. Government Securities Fund Goldman Sachs CORE U.S. Equity Fund
AIM V.I. Growth Fund Goldman Sachs Global Income Fund
AIM V.I. Growth and Income Fund Goldman Sachs International Equity Fund
AIM V.I. International Equity Fund
AIM V.I. Value Fund Morgan Stanley Dean Witter Universal Funds, Inc.:
------------------------------------------------
Morgan Stanley Equity Growth Portfolio
Dreyfus Variable Investment Fund (VIF): Morgan Stanley Fixed Income Portfolio
Dreyfus Socially Responsible Growth Morgan Stanley Global Equity Portfolio
Dreyfus Stock Index Fund Morgan Stanley Mid Cap Value Portfolio
Dreyfus VIF Growth and Income Morgan Stanley Value Portfolio
Dreyfus VIF Money Market
Oppenheimer Variable Account Funds:
Fidelity Variable Insurance Products Fund (VIP): Oppenheimer Aggressive Growth Fund/VA
VIP Growth Portfolio Oppenheimer Capital Appreciation Fund/VA
VIP High Income Portfolio Oppenheimer Global Securities Fund/VA
VIP Equity Income Portfolio Oppenheimer Main Street Growth and Income Fund/VA
Oppenheimer Strategic Bond Fund/VA
Fidelity Variable Insurance Products Fund II (VIPII):
VIP II Contrafund Portfolio Templeton Variable Products Series Fund:
---------------------------------------
Franklin Small Cap Investments Fund - Class 2
MFS(R)Variable Insurance TrustSM Mutual Shares Investments Fund - Class 2
-------------------------------
MFS Emerging Growth Series Templeton Developing Markets Fund - Class 2
MFS Growth with Income Series Templeton International Fund - Class 2
MFS New Discovery Series Templeton Stock Fund - Class 2
MFS Research Series
</TABLE>
Delete all references in the prospectus to any Portfolio not listed above, to
any corresponding Variable Sub-Account, and to the following investment
advisers: American Century Investment Management, Inc., Neuberger & Berman
Management, Inc., and STI Capital Management, N.A.
Page 4: Add "OppenheimerFunds, Inc.", "Templeton Asset Management Ltd.",
"Templeton Investment Counsel Inc.", "Franklin Advisers, Inc.", and "Franklin
Mutual Advisers, LLC." to the list of investment advisers under the heading
"Investment Alternatives."
Change all references throughout the prospectus to the availability of "44"
Variable Sub-Accounts to "39" Variable Sub-Accounts, and "47" investment
alternatives to "42" investment alternatives.
Page 8: Insert the following to the chart describing Portfolio Annual Expenses:
<TABLE>
<CAPTION>
-------------------------------------------------- -------------- ------------- ------------- --------------
Total Annual
Management Rule 12b-1 Other Portfolio
Portfolio Fee Fees Expenses Expenses
--------- --- ---- -------- --------
<S> <C> <C> <C> <C>
MFS Research Series 5 0.75 - - - 0.11 0.86%
Templeton Stock Fund - Class 2 0.70 0.25 0.19 1.14%
Templeton International Fund - Class 2 0.69 0.25 0.17 1.11%
Templeton Developing Markets Fund - Class 2 1.25 0.25 0.41 1.91%
Franklin Small Cap Investments Fund - Class 2 6 0.15 0.25 0.85 1.25%
Mutual Shares Investments Fund - Class 2 6 0.00 0.25 1.00 1.25%
Oppenheimer Main Street Growth & Income Fund/VA 0.74 - - - 0.05 0.79%
Oppenheimer Capital Appreciation Fund/VA 0.72 - - - 0.03 0.75%
Oppenheimer Aggressive Growth Fund/VA 0.69 - - - 0.02 0.71%
Oppenheimer Strategic Bond Fund/VA 0.74 - - - 0.06 0.80%
Oppenheimer Global Securities Fund/VA 0.68 - - - 0.06 0.74%
-------------------------------------------------- -------------- ------------- ------------- --------------
</TABLE>
Page 9: Insert the following to footnote (1) of the chart describing Portfolio
Annual Expenses:
Figures shown in the annual expense table are for the year ended December 31,
1998. These figures are absent voluntary reductions and reimbursements for
certain Portfolios. Management fees, other expenses, and total annual Portfolio
expenses expressed as a percentage of average net assets of the Portfolios would
have been as follows:
<TABLE>
<CAPTION>
Total Annual
Management Rule 12b-1 Other Expenses Portfolio
Portfolio Fee Fees Expenses
--------- --- ---- --------
<S> <C> <C> <C> <C>
Franklin Small Cap Investments Fund - Class 2 6 0.75 0.25 1.00 2.00%
Mutual Shares Investments Fund - Class 2 6 0.60 0.25 2.27 3.12%
</TABLE>
Page 9: Add the following footnotes:
5 Each series has an expense offset arrangement which reduces the series'
custodian fee based upon the amount of cash maintained by the series with its
custodian and dividend disbursing agent. Each series may enter into other such
arrangements and directed brokerage arrangements, which would also have the
effect of reducing the series' expenses. Expenses do not take into account these
expense reductions, and are therefore higher than the actual expenses of the
series.
6 Figures reflect expenses from the fund's inception on May 1, 1998 and are
annualized. The manager agreed in advance to limit management fees and make
certain payments to reduce fund expenses as necessary so that Total Fund
Operating Expenses did not exceed 1.25% of the fund's class 2 net assets in
1998. The manager is contractually obligated to continue this arrangement
through 1999.
<PAGE>
<TABLE>
<CAPTION>
Page 10: Insert the following to Example 1:
Variable Sub-Account 1 Year 3 Years 5 Years 10 Years
- -------------------- ------ ------- ------- --------
<S> <C> <C> <C> <C>
MFS Research $77 $122 $161 $288
Templeton Stock $80 $130 $175 $316
Templeton International $79 $130 $174 $313
Templeton Developing Markets $88 $154 $213 $388
Franklin Small Cap Investments $81 $134 $181 $326
Mutual Shares Investments $81 $134 $181 $326
Oppenheimer Main Street Growth & Income $76 $120 $157 $280
Oppenheimer Capital Appreciation $76 $118 $155 $276
Oppenheimer Aggressive Growth $75 $117 $153 $272
Oppenheimer Strategic Bond $76 $120 $158 $282
Oppenheimer Global Securities $76 $118 $155 $275
Page 11: Insert the following to Example 2:
Variable Sub-Account 1 Year 3 Years 5 Years 10 Years
- -------------------- ------ ------- ------- --------
MFS Research $26 $79 $135 $288
Templeton Stock $29 $88 $150 $316
Templeton International $28 $87 $148 $313
Templeton Developing Markets $37 $111 $188 $388
Franklin Small Cap Investments $30 $91 $155 $326
Mutual Shares Investments $30 $91 $155 $326
Oppenheimer Main Street Growth & Income $25 $77 $132 $280
Oppenheimer Capital Appreciation $25 $76 $130 $276
Oppenheimer Aggressive Growth $24 $75 $128 $272
Oppenheimer Strategic Bond $25 $78 $132 $282
Oppenheimer Global Securities $25 $76 $129 $275
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Page 16: Insert the following to the table describing the investment objective
and investment adviser of each Portfolio:
- ----------------------------------------------------- ------------------------------------------- ---------------------------------
<S> <C> <C>
Portfolio: Each Portfolio Seeks: Investment Adviser
- ----------------------------------------------------- ------------------------------------------- ---------------------------------
MFS (R) Variable Series Insurance Trust SM*
- -----------------------------------------------------------------------------------------------------------------------------------
MFS Research Series Long-term growth of capital and future MFS Investment Management(R)
income
- -----------------------------------------------------------------------------------------------------------------------------------
Templeton Variable Products Series Fund
- -----------------------------------------------------------------------------------------------------------------------------------
---------------------------------
Templeton Stock Fund - Class 2 Long-term capital growth Templeton Investment Counsel,
Inc.
- ----------------------------------------------------- ------------------------------------------- ---------------------------------
- ----------------------------------------------------- ------------------------------------------- ---------------------------------
Templeton International Fund - Class 2 Long-term capital growth Templeton Investment Counsel,
Inc.
- ----------------------------------------------------- ------------------------------------------- ---------------------------------
- ----------------------------------------------------- ------------------------------------------- ---------------------------------
Templeton Developing Markets Fund - Class 2 Long-term capital appreciation Templeton Asset Management Ltd
- ----------------------------------------------------- ------------------------------------------- ---------------------------------
- ----------------------------------------------------- ------------------------------------------- ---------------------------------
Franklin Small Cap Investments Fund - Class 2 Long-term capital growth Franklin Mutual Advisers, LLC.
- ----------------------------------------------------- ------------------------------------------- ---------------------------------
- ----------------------------------------------------- ------------------------------------------- ---------------------------------
Mutual Shares Investments Fund - Class 2 Capital appreciation and secondary goal Franklin Mutual Advisers, LLC.
is income
----------------------------------------------------------------------------------------------------------------------------------
Oppenheimer Variable Account Funds
- -----------------------------------------------------------------------------------------------------------------------------------
Oppenheimer Main Street Growth and Income Fund/VA High total return, which includes
growth in the value of its
shares as well as current income,
from equity and debt securities OppenheimerFunds, Inc.
- ----------------------------------------------------- ------------------------------------------- ---------------------------------
- ----------------------------------------------------- ------------------------------------------- ---------------------------------
Oppenheimer Capital Appreciation Fund/VA Capital appreciation
- ----------------------------------------------------- ------------------------------------------- ---------------------------------
- ----------------------------------------------------- ------------------------------------------- ---------------------------------
Oppenheimer Aggressive Growth Fund/VA Capital appreciation
- ----------------------------------------------------- ------------------------------------------- ---------------------------------
- ----------------------------------------------------- ------------------------------------------- ---------------------------------
Oppenheimer Strategic Bond Fund/VA High level of current income
- ----------------------------------------------------- ------------------------------------------- ---------------------------------
Oppenheimer Global Securities Fund/VA Long-term capital appreciation
- ----------------------------------------------------- ------------------------------------------- ---------------------------------
</TABLE>
Page 21: In the Automatic Portfolio Rebalancing Program Example, replace all
references to "AIM V.I. High Yield Variable Sub-Account" with "Fidelity VIP High
Income Variable Sub-Account."
Page 29: Replace the first sentence of the third paragraph under the sub-heading
THE VARIABLE ACCOUNT with the following:
The Variable Account consists of 56 Variable Sub Accounts, of which 39 are
currently available for investment.
Page A-1 (Appendix A): Add the following after the table of Accumulation Unit
Values:
There are no Accumulation Unit Values to report for the MFS Research,
Templeton Stock, Templeton International, Templeton Developing Markets,
Franklin Small Cap Investments, Mutual Shares Investments, Oppenheimer Main
Street Growth and Income, Oppenheimer Capital Appreciation, Oppenheimer
Aggressive Growth, Oppenheimer Strategic Bond, and Oppenheimer Global
Securities Variable Sub-Accounts, which first became available for
investment under the Contract described herein as of the date of this
supplement.
<PAGE>
Glenbrook Life and Annuity Company
Glenbrook Life Multi-Manager Variable Account
Supplement, dated December 17, 1999, to
Glenbrook Provider Variable Annuity Prospectus
dated May 1, 1999
This supplement amends certain disclosure contained in the above-referenced
prospectus for the Glenbrook Provider Variable Annuity Contract (the "Contract")
offered by SunTrust Annuities, Inc. ("SunTrust Annuities") and sold under the
direction of SunTrust Securities, Inc., a registered broker-dealer ("SunTrust
Securities"). SunTrust Annuities and SunTrust Securities are affiliates of
SunTrust Banks, Inc. Please keep this supplement for future reference together
with your prospectus.
Cover page: Replace the second paragraph and the first sentence of the third
paragraph with the following:
The Contract currently offers 16 ("investment alternatives"). The investment
alternatives include 3 fixed account options ("Fixed Account Options") and
13 variable sub-accounts ("Variable Sub-Accounts") of the Glenbrook Life
Multi-Manager Variable Account ("Variable Account"). Each Variable
Sub-Account invests exclusively in shares of one of the following portfolios
("Portfolios") of the following mutual funds ("Funds"):
<TABLE>
<CAPTION>
<S> <C>
STI Classic Variable Trust: Fidelity Variable Insurance Products Fund (VIP):
STI Capital Appreciation Fund VIP Growth Portfolio
STI Value Income Stock VIP High Income Portfolio
VIP Equity-Income Portfolio
AIM Variable Insurance Funds, Inc.: Fidelity Variable Insurance Products Fund II (VIPII):
VIP II Contrafund Portfolio
AIM V.I. Balanced Fund
AIM V.I. Capital Appreciation Fund
AIM V.I. Growth Fund Federated Insurance Series:
Federated Prime Money Fund II
AIM V.I. Growth and Income Fund
AIM V.I. High Yield Fund
AIM V.I. Value Fund
</TABLE>
Delete all references in the prospectus to any Portfolio not listed above, to
any corresponding Variable Sub-Account, and to the following investment
advisers: American Century Investment Management, Inc., The Dreyfus Corporation,
Massachusetts Financial Services, Goldman Sachs Asset Management, Goldman Sachs
Asset Management International, Morgan Stanley Asset Management, Inc., and
Neuberger & Berman Management, Inc.
Page 4: Add "Federated Investment Management Company" to the list of investment
advisers under the heading "Investment Alternatives."
Change all references throughout the prospectus to the availability of "41"
Variable Sub-Accounts to "13" Variable Sub-Accounts, and "44" investment
alternatives to "16" investment alternatives.
Page 8: Insert the following to the chart describing Portfolio Annual Expenses:
<TABLE>
<CAPTION>
------------------------------------------ -------------- --------------- ----------- ---------------
<S> <C> <C> <C> <C>
Total Annual
Rule 12b-1 Other Portfolio
Portfolio Advisory Fee Fees Expenses Expenses
Federated Prime Money Fund II 0.49% -- 0.31% 0.80%
------------------------------------------ -------------- --------------- ----------- ---------------
Page 9: Insert the following to footnote (1) of the chart describing Portfolio
Annual Expenses:
Federated Prime Money Fund II 0.50% 0.50% 1.00%
Page 10: Insert the following to Example 1:
Variable Sub-Account 1 Year 3 Years 5 Years 10 Years
-------------------- ------ ------- ------- --------
Federated Prime Money Fund II $24 $81 $140 $300
Page 11: Insert the following to Example 2:
Variable Sub-Account 1 Year 3 Years 5 Years 10 Years
-------------------- ------ ------- ------- --------
Federated Prime Money Fund II $75 $124 $166 $300
</TABLE>
Page 16: Insert the following to the table describing the investment objective
and investment adviser of each Portfolio:
<TABLE>
<CAPTION>
------------------------------------- --------------------------------------------- -------------------------
<S> <C> <C>
Portfolio: Portfolio Seeks: Investment Adviser:
------------------------------------- --------------------------------------------- -------------------------
Federated Prime Money Fund II Current income consistent with the Federated Investment
stability of principal and liquidity Management Company
------------------------------------- --------------------------------------------- -------------------------
</TABLE>
Page 29: Replace the first sentence of the last paragraph of the sub-section
entitled THE VARIABLE ACCOUNT with the following:
The Variable Account consists of 45 Variable Sub Accounts, of which 13 are
currently available for investment.
Page A-1: (Appendix A): Add the following after the table of Accumulation Unit
Values:
There are no Accumulation Unit Values to report for the Federated Prime
Money Fund II Variable Sub-Account, which first became available for
investment under the Contract described herein as of the date of this
supplement.
<PAGE>
Glenbrook Life and Annuity Company
Glenbrook Life Multi-Manager Variable Account
Supplement, dated December 17, 1999, to
Glenbrook Provider Variable Annuity
Statement of Additional Information
dated May 1, 1999
This supplement amends certain disclosure contained in the above-referenced
Statement of Additional Information ("SAI") for the Glenbrook Provider Variable
Annuity Contract (the "Contract"). For convenience, we sometimes refer to the
Contract as the Glenbrook Enhanced Provider Variable Annuity contract ("Enhanced
Provider Contract").
With respect to the Enhanced Provider Contracts, delete all references in the
Statement of Additional Information to the following Portfolios and to any
corresponding Variable Sub-Account:
<TABLE>
<CAPTION>
<S> <C>
AIM V.I. Global Utilities Fund Goldman Sachs Mid Cap Equity Fund
AIM V.I. Capital Appreciation Fund Morgan Stanley International Magnum Portfolio
AIM V.I. High Yield Fund Morgan Stanley U.S. Real Estate Portfolio
American Century VP Balanced Neuberger & Berman AMT Guardian
American Century VP International Neuberger & Berman AMT Mid-Cap Growth
Dreyfus VIF Small Company Stock Neuberger & Berman AMT Partners
Goldman Sachs Growth and Income Fund STI Capital Appreciation Fund
Goldman Sachs CORE Large Cap Growth Fund STI Value Income Stock Fund
</TABLE>
Page 3: Append to the fifth paragraph under Standardized Total Returns with the
following:
There are no standardized total returns to report for the MFS Research,
Templeton Stock, Templeton International, Templeton Developing Markets,
Franklin Small Cap Investments, Mutual Shares Investments, Oppenheimer Main
Street Growth and Income, Oppenheimer Capital Appreciation, Oppenheimer
Aggressive Growth, Oppenheimer Strategic Bond, and Oppenheimer Global
Securities Variable Sub-Accounts because they commenced operations as of
the date of this supplement.
Page 3: Add the following sentence to the end of the third paragraph under
"Non-Standardized Total Returns:"
There are no non-standardized total returns to report for the MFS Research,
Templeton Stock, Templeton International, Templeton Developing Markets,
Franklin Small Cap Investments, Mutual Shares Investments, Oppenheimer Main
Street Growth and Income, Oppenheimer Capital Appreciation, Oppenheimer
Aggressive Growth, Oppenheimer Strategic Bond, and Oppenheimer Global
Securities Variable Sub-Accounts because they commenced operations as of
the date of this statement of additional information.
Page 14: Insert the following to the chart describing the inception dates of the
Portfolios:
Portfolio Inception Date
MFS Research Series July 26, 1995
Templeton Stock Fund - Class 2 August 24, 1988
Templeton International Fund - Class 2 May 1, 1992
Templeton Developing Markets Fund - Class 2 March 4, 1996
Franklin Small Cap Investments Fund - Class 2 May 1, 1998
Mutual Shares Investments Fund - Class 2 May 1, 1998
Oppenheimer Main Street Growth and Income Fund/VA July 1, 1995
Oppenheimer Capital Appreciation Fund/VA April 3, 1995
Oppenheimer Aggressive Growth Fund/VA August 15, 1986
Oppenheimer Strategic Bond Fund/VA May 3, 1993
Oppenheimer Global Securities Fund/VA November 1, 1990
Page 14: Insert the following to the tables describing the Adjusted Historical
Returns for the Enhanced Provider Contracts:
<TABLE>
<CAPTION>
(Without the Enhanced Death Benefit Rider or
the Enhanced Death and Income Benefit Combination Rider)
------------------------------------------------------- ---------------- ------------------ ---------------------
10 Years or Since
Inception of
<S> <C> <C>
Variable Sub-Account 1 Year 5 Years Portfolio if less
-------------------- ------ ------- -----------------
------------------------------------------------------- ---------------- ------------------ ---------------------
MFS Research Series 19.68% N/A 19.36%
------------------------------------------------------- ---------------- ------------------ ---------------------
Templeton Stock Fund - Class 2 17.55% 14.03% 11.49%
------------------------------------------------------- ---------------- ------------------ ---------------------
Templeton International Fund - Class 2 12.31% 13.53% 12.87%
------------------------------------------------------- ---------------- ------------------ ---------------------
Templeton Developing Markets Fund - Class 2 29.55% N/A -10.14%
------------------------------------------------------- ---------------- ------------------ ---------------------
Franklin Small Cap Investments Fund - Class 2 25.79% N/A 5.41%
------------------------------------------------------- ---------------- ------------------ ---------------------
Mutual Shares Investments Fund - Class 2 5.34% N/A 0.94%
------------------------------------------------------- ---------------- ------------------ ---------------------
Oppenheimer Main Street Growth and Income Fund/VA 18.18% N/A 19.71%
------------------------------------------------------- ---------------- ------------------ ---------------------
Oppenheimer Capital Appreciation Fund/VA 28.20% 18.42% 9.27%
------------------------------------------------------- ---------------- ------------------ ---------------------
Oppenheimer Aggressive Growth Fund/VA 73.46% 20.86% 11.87%
------------------------------------------------------- ---------------- ------------------ ---------------------
Oppenheimer Strategic Bond Fund/VA -4.63% -0.45% -0.52%
------------------------------------------------------- ---------------- ------------------ ---------------------
Oppenheimer Global Securities Fund/VA 36.39% 11.87% 11.08%
------------------------------------------------------- ---------------- ------------------ ---------------------
(With Enhanced Death Benefit Rider)*
------------------------------------------------------- ---------------- ------------------ ---------------------
10 Years or Since
Inception of
Variable Sub-Account 1 Year 5 Years Portfolio if less
-------------------- ------ ------- -----------------
------------------------------------------------------- ---------------- ------------------ ---------------------
MFS Research Series 19.42% N/A 19.10%
------------------------------------------------------- ---------------- ------------------ ---------------------
Templeton Stock Fund - Class 2 17.29% 13.78% 11.25%
------------------------------------------------------- ---------------- ------------------ ---------------------
Templeton International Fund - Class 2 12.07% 13.29% 12.62%
------------------------------------------------------- ---------------- ------------------ ---------------------
Templeton Developing Markets Fund - Class 2 29.27% N/A -10.34%
------------------------------------------------------- ---------------- ------------------ ---------------------
Franklin Small Cap Investments Fund - Class 2 25.51% N/A 5.18%
------------------------------------------------------- ---------------- ------------------ ---------------------
Mutual Shares Investments Fund - Class 2 5.10% N/A 0.71%
------------------------------------------------------- ---------------- ------------------ ---------------------
Oppenheimer Main Street Growth and Income Fund/VA 17.92% N/A 19.45%
------------------------------------------------------- ---------------- ------------------ ---------------------
Oppenheimer Capital Appreciation Fund/VA 27.91% 18.16% 9.03%
------------------------------------------------------- ---------------- ------------------ ---------------------
Oppenheimer Aggressive Growth Fund/VA 73.08% 20.59% 11.62%
------------------------------------------------------- ---------------- ------------------ ---------------------
Oppenheimer Strategic Bond Fund/VA -4.84% -0.67% -0.74%
------------------------------------------------------- ---------------- ------------------ ---------------------
Oppenheimer Global Securities Fund/VA 36.09% 11.63% 10.83%
------------------------------------------------------- ---------------- ------------------ ---------------------
(With Enhanced Death and Income Benefit Combination Rider)*
------------------------------------------------------- ---------------- ------------------ ---------------------
10 Years or Since
Inception of
Variable Sub-Account 1 Year 5 Years Portfolio if less
-------------------- ------ ------- -----------------
------------------------------------------------------- ---------------- ------------------ ---------------------
MFS Research Series 9.92% N/A 22.10%
------------------------------------------------------- ---------------- ------------------ ---------------------
Templeton Stock Fund - Class 2 -0.99% N/A 13.01%
------------------------------------------------------- ---------------- ------------------ ---------------------
Templeton International Fund - Class 2 2.91% 3.21% 3.21%
------------------------------------------------------- ---------------- ------------------ ---------------------
Templeton Developing Markets Fund - Class 2 19.16% N/A 18.83%
------------------------------------------------------- ---------------- ------------------ ---------------------
Franklin Small Cap Investments Fund - Class 2 17.04% 13.53% 11.36%
------------------------------------------------------- ---------------- ------------------ ---------------------
Mutual Shares Investments Fund - Class 2 11.82% 13.04% 12.37%
------------------------------------------------------- ---------------- ------------------ ---------------------
Oppenheimer Main Street Growth and Income Fund/VA 29.00% N/A -10.54%
------------------------------------------------------- ---------------- ------------------ ---------------------
Oppenheimer Capital Appreciation Fund/VA 25.24% N/A 4.95%
------------------------------------------------------- ---------------- ------------------ ---------------------
Oppenheimer Aggressive Growth Fund/VA 4.87% N/A 0.49%
------------------------------------------------------- ---------------- ------------------ ---------------------
Oppenheimer Strategic Bond Fund/VA 17.66% N/A 19.19%
------------------------------------------------------- ---------------- ------------------ ---------------------
Oppenheimer Global Securities Fund/VA 27.63% 17.90% 8.48%
------------------------------------------------------- ---------------- ------------------ ---------------------
</TABLE>
<PAGE>
Glenbrook Life and Annuity Company
Glenbrook Life Multi-Manager Variable Account
Supplement, dated December 17, 1999, to
Glenbrook Provider Variable Annuity
Statement of Additional Information
dated May 1, 1999
This supplement amends certain disclosure contained in the above-referenced
Statement of Additional Information ("SAI") for the Glenbrook Provider Variable
Annuity Contract (the "Contract") offered by SunTrust Annuities, Inc. ("SunTrust
Annuities") and sold under the direction of SunTrust Securities, Inc., a
registered broker-dealer ("SunTrust Securities"). SunTrust Annuities and
SunTrust Securities are affiliates of SunTrust Banks, Inc. For convenience, we
sometimes refer to the Contract as the Glenbrook Enhanced SunTrust Provider
Variable Annuity contract ("Enhanced SunTrust Provider Contract").
With respect to the Enhanced SunTrust Provider Contracts, delete all references
in the statement of additional information to the following Portfolios and to
any corresponding Variable Sub-Account:
<TABLE>
<CAPTION>
<S> <C>
AIM V.I. Diversified Income Fund Goldman Sachs Mid Cap Equity Fund
AIM V.I. Global Utilities Fund Goldman Sachs International Equity Fund
AIM V.I. Government Securities Fund Goldman Sachs Global Income Fund
AIM V.I. International Equity Fund Morgan Stanley Fixed Income
American Century VP Balanced Morgan Stanley Equity Growth
American Century VP International Morgan Stanley Value
Dreyfus Socially Responsible Growth Morgan Stanley Mid Cap Value
Dreyfus Stock Index Morgan Stanley U.S. Real Estate
VIF Small Company Stock Morgan Stanley Global Equity
VIF Growth and Income Morgan Stanley International Magnum
VIF Money Market MFS Emerging Growth
Goldman Sachs Growth and Income Fund MFS Growth with Income
Goldman Sachs CORE U.S. Equity Fund MFS New Discovery
Goldman Sachs CORE Large Cap Growth Fund Neuberger & Berman AMT Guardian
Goldman Sachs CORE Small Cap Equity Fund Neuberger & Berman AMT Mid-Cap Growth
Goldman Sachs Capital Growth Fund Neuberger & Berman AMT Partners
</TABLE>
Page 3: Append the following to the sixth paragraph under Performance
Information:
No standardized total returns are shown for the STI Capital Appreciation and
the STI Value Income Stock Variable Sub-Accounts, which commenced operations
on May 1, 1999. No standardized total returns are shown for the Federated
Prime Money Fund II Sub-Account.
Page 8: Append the following after the first sentence of the third paragraph
under Non-Standardized Total Returns:
No non-standardized total returns are shown for the STI Capital Appreciation
and the STI Value Income Stock Variable Sub-Accounts, which commenced
operations on May 1, 1999.
Pages 9, 14: Append "or the Federated Prime Money Fund II Variable Sub-Account"
to the end of the third paragraph under "Non-Standardized Total Returns," and to
the end of the second paragraph under "Adjusted Historical Total Returns."
Page 14: Insert the following to the chart describing the inception dates of the
Portfolios:
Portfolio Inception Date
Federated Prime Money Fund II November 21, 1994
STI Capital Appreciation Fund October 2, 1995
STI Value Income Stock Fund October 2, 1995
Page 14: Insert the following to the tables describing the Adjusted Historical
Returns for the Enhanced Provider Contracts:
<TABLE>
<CAPTION>
(Without the Enhanced Death Benefit Rider or
the Enhanced Death and Income Benefit Combination Rider)
--------------------------------------------- ---------------------- -------------------- ---------------------
<S> <C> <C> <C>
10 Years or Since
Inception of
Variable Sub-Account 1 Year 5 Years Portfolio if less
-------------------- ------ ------- -----------------
--------------------------------------------- ---------------------- -------------------- ---------------------
STI Capital Appreciation 10.41% N/A 22.64%
STI Value Income Stock -0.55% N/A 13.50%
--------------------------------------------- ---------------------- -------------------- ---------------------
(With Enhanced Death Benefit Rider)*
--------------------------------------------- ---------------------- -------------------- ---------------------
10 Years or Since
Inception of
Variable Sub-Account 1 Year 5 Years Portfolio if less
-------------------- ------ ------- -----------------
--------------------------------------------- ---------------------- -------------------- ---------------------
STI Capital Appreciation 10.16% N/A 22.37%
STI Value Income Stock -0.77% N/A 13.25%
--------------------------------------------- ---------------------- -------------------- ---------------------
(With Enhanced Death and Income Benefit Combination Rider)*
--------------------------------------------- ---------------------- -------------------- ---------------------
10 Years or Since
Inception of
Variable Sub-Account 1 Year 5 Years Portfolio if less
-------------------- ------ ------- -----------------
--------------------------------------------- ---------------------- -------------------- ---------------------
STI Capital Appreciation 9.92% N/A 22.10%
STI Value Income Stock -0.99% N/A 13.01%
--------------------------------------------- ---------------------- -------------------- ---------------------
</TABLE>
<PAGE>
PART C
Part C is hereby amended to include the following exhibits:
Item 24(b). EXHIBITS
(13)(b) Performance Data Calculations
<PAGE>
SIGNATURES
As required by the Securities Act of 1933 and the Investment Company Act of
1940, the Registrant, Glenbrook Life Multi-Manager Variable Account, certifies
that it meets the requirements of Securities Act Rule 485 (b) for effectiveness
of this amended Registration Statement and has caused this amended Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, and its seal to be hereunto affixed and attested, all in the
Township of Northfield, State of Illinois, on the 10th day of December, 1999.
GLENBROOK LIFE MULTI-MANAGER VARIABLE ACCOUNT
(REGISTRANT)
BY: GLENBROOK LIFE AND ANNUITY COMPANY
(DEPOSITOR)
(SEAL)
By: /s/Michael J. Velotta
----------------------
Michael J. Velotta
Vice President, Secretary
and General Counsel
As required by the Securities Act of 1933, this amended Registration Statement
has been duly signed below by the following Directors and Officers of Glenbrook
Life and Annuity Company on the 10th day of December, 1999.
*/LOUIS G. LOWER, II Chairman of the Board, Chief
Louis G. Lower, II Executive Officer and Director
(Principal Executive Officer)
/s/MICHAEL J. VELOTTA Vice President, Secretary, General
Michael J. Velotta Counsel and Director
*/THOMAS J. WILSON, II Vice Chairman and Director
Thomas J. Wilson, II (Principal Operating Officer)
*/JOHN R. HUNTER Director
Peter H. Heckman
*/KEVIN R. SLAWIN Vice President and Director
Kevin R. Slawin (Principal Financial Officer)
*/G. CRAIG WHITEHEAD Vice President and Director
G. Craig Whitehead
*/SAMUEL H. PILCH Controller
Samuel H. Pilch (Principal Accounting Officer)
*/ By Michael J. Velotta, pursuant to Powers of Attorney previously filed.
<PAGE>
EXHIBIT INDEX
Exhibit Description
(13)(b) Performance Data Calculations
PERFORMANCE DATA CALCULATIONS
<TABLE>
<CAPTION>
1yr ago: 11/30/98
Date: 11/30/99
Morgan Stanley Fixed Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
<S> <C> <C> <C> <C> <C> <C> <C>
0 INIT DEPOSIT 30-Nov-98 1000.00 10.155635 98.46750
1 FEE 30-Nov-99 0.737333 10.101942 0.07299 0.06
RESULTING VALUE 30-Nov-99 10.101942 98.39451 993.9757
1.000
FORMULA: 1000*(1+T)= 993.9757
= 942.9756511
T = -5.70% -0.60%
R = -5.70% -0.60%
Morgan Stanley Equity Growth
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.188052 98.15419
1 FEE 30-Nov-99 0.737333 11.702318 0.06301 0.06
RESULTING VALUE 30-Nov-99 11.702318 98.09118 1147.8942
1.000
FORMULA: 1000*(1+T)= 1147.8942
= 1096.894221
T = 9.69% 14.79%
R = 9.69% 14.79%
Morgan Stanley Value
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.009391 99.90618
1 FEE 30-Nov-99 0.737333 9.777311 0.07541 0.06
RESULTING VALUE 30-Nov-99 9.777311 99.83077 976.0764
1.000
FORMULA: 1000*(1+T)= 976.0764
= 925.0764408
T = -7.49% -2.39%
R = -7.49% -2.39%
Morgan Stanley Mid Cap Value
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.136418 98.65418
1 FEE 30-Nov-99 0.737333 10.566645 0.06978 0.06
RESULTING VALUE 30-Nov-99 10.566645 98.58440 1041.7064
1.000
FORMULA: 1000*(1+T)= 1041.7064
= 990.7063582
T = -0.93% 4.17%
R = -0.93% 4.17%
Morgan Stanley U.S. Real Estate
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.083520 99.17172
1 FEE 30-Nov-99 0.737333 9.729060 0.07579 0.06
RESULTING VALUE 30-Nov-99 9.729060 99.09593 964.1103
1.000
FORMULA: 1000*(1+T)= 964.1103
= 913.1102595
T = -8.69% -3.59%
R = -8.69% -3.59%
Morgan Stanley Global Equity
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.157488 98.44954
1 FEE 30-Nov-99 0.737333 10.025506 0.07355 0.06
RESULTING VALUE 30-Nov-99 10.025506 98.37599 986.2691
1.000
FORMULA: 1000*(1+T)= 986.2691
= 935.2690997
T = -6.47% -1.37%
R = -6.47% -1.37%
Morgan Stanley International Magnum
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.268936 97.38107
1 FEE 30-Nov-99 0.737333 10.360793 0.07117 0.06
RESULTING VALUE 30-Nov-99 10.360793 97.30991 1008.2078
1.000
FORMULA: 1000*(1+T)= 1008.2078
= 957.2077998
T = -4.28% 0.82%
R = -4.28% 0.82%
Fidelity Growth
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.332038 96.78633
1 FEE 30-Nov-99 0.737333 12.113977 0.06087 0.06
RESULTING VALUE 30-Nov-99 12.113977 96.72546 1171.7300
1.000
FORMULA: 1000*(1+T)= 1171.7300
= 1120.729996
T = 12.07% 17.17%
R = 12.07% 17.17%
Fidelity High Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.508516 95.16092
1 FEE 30-Nov-99 0.737333 10.927551 0.06747 0.06
RESULTING VALUE 30-Nov-99 10.927551 95.09344 1039.1384
1.000
FORMULA: 1000*(1+T)= 1039.1384
= 988.1384207
T = -1.19% 3.91%
R = -1.19% 3.91%
Fidelity Contrafund
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.407684 96.08286
1 FEE 30-Nov-99 0.737333 12.254681 0.06017 0.06
RESULTING VALUE 30-Nov-99 12.254681 96.02269 1176.7274
1.000
FORMULA: 1000*(1+T)= 1176.7274
= 1125.727413
T = 12.57% 17.67%
R = 12.57% 17.67%
MFS Emerging Growth
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.577291 94.54217
1 FEE 30-Nov-99 0.737333 12.343608 0.05973 0.06
RESULTING VALUE 30-Nov-99 12.343608 94.48243 1166.2541
1.000
FORMULA: 1000*(1+T)= 1166.2541
= 1115.254101
T = 11.53% 16.63%
R = 11.53% 16.63%
MFS Growth and Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.325927 96.84361
1 FEE 30-Nov-99 0.737333 10.868723 0.06784 0.06
RESULTING VALUE 30-Nov-99 10.868723 96.77577 1051.8290
1.000
FORMULA: 1000*(1+T)= 1051.8290
= 1000.828988
T = 0.08% 5.18%
R = 0.08% 5.18%
MFS New Discovery
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.159409 98.43092
1 FEE 30-Nov-99 0.737333 11.201415 0.06583 0.06
RESULTING VALUE 30-Nov-99 11.201415 98.36510 1101.8283
1.000
FORMULA: 1000*(1+T)= 1101.8283
= 1050.828278
T = 5.08% 10.18%
R = 5.08% 10.18%
Dreyfus Growth and Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.232394 97.72884
1 FEE 30-Nov-99 0.737333 10.724603 0.06875 0.06
RESULTING VALUE 30-Nov-99 10.724603 97.66009 1047.3657
1.000
FORMULA: 1000*(1+T)= 1047.3657
= 996.3656814
T = -0.36% 4.74%
R = -0.36% 4.74%
Dreyfus Money Market
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.018000 99.82032
1 FEE 30-Nov-99 0.737333 10.125350 0.07282 0.06
RESULTING VALUE 30-Nov-99 10.125350 99.74750 1009.9784
1.000
FORMULA: 1000*(1+T)= 1009.9784
= 958.9783783
T = -4.10% 1.00%
R = -4.10% 1.00%
Dreyfus Socially Responsible
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.384877 96.29387
1 FEE 30-Nov-99 0.737333 11.772677 0.06263 0.06
RESULTING VALUE 30-Nov-99 11.772677 96.23124 1132.8993
1.000
FORMULA: 1000*(1+T)= 1132.8993
= 1081.8993
T = 8.19% 13.29%
R = 8.19% 13.29%
Dreyfus Small Company
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 9.970948 100.29137
1 FEE 30-Nov-99 0.737333 9.984714 0.07385 0.06
RESULTING VALUE 30-Nov-99 9.984714 100.21752 1000.6433
1.000
FORMULA: 1000*(1+T)= 1000.6433
= 949.6432775
T = -5.04% 0.06%
R = -5.04% 0.06%
American Century Balanced
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.183063 98.20228
1 FEE 30-Nov-99 0.737333 10.525813 0.07005 0.06
RESULTING VALUE 30-Nov-99 10.525813 98.13223 1032.9215
1.000
FORMULA: 1000*(1+T)= 1032.9215
= 981.9214979
T = -1.81% 3.29%
R = -1.81% 3.29%
American Century International
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.424712 95.92591
1 FEE 30-Nov-99 0.737333 11.109609 0.06637 0.06
RESULTING VALUE 30-Nov-99 11.109609 95.85954 1064.9620
1.000
FORMULA: 1000*(1+T)= 1064.9620
= 1013.962036
T = 1.40% 6.50%
R = 1.40% 6.50%
Fidelity Equity Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.173729 98.29238
1 FEE 30-Nov-99 0.737333 10.660212 0.06917 0.06
RESULTING VALUE 30-Nov-99 10.660212 98.22321 1047.0802
1.000
FORMULA: 1000*(1+T)= 1047.0802
= 996.0802367
T = -0.39% 4.71%
R = -0.39% 4.71%
Dreyfus Stock Index
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.292402 97.15905
1 FEE 30-Nov-99 0.737333 11.365201 0.06488 0.06
RESULTING VALUE 30-Nov-99 11.365201 97.09417 1103.4948
1.000
FORMULA: 1000*(1+T)= 1103.4948
= 1052.494798
T = 5.25% 10.35%
R = 5.25% 10.35%
AIM Capital Appreciation
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.225121 97.79835
1 FEE 30-Nov-99 0.737333 11.314796 0.06517 0.06
RESULTING VALUE 30-Nov-99 11.314796 97.73319 1105.8311
1.000
FORMULA: 1000*(1+T)= 1105.8311
= 1054.831088
T = 5.48% 10.58%
R = 5.48% 10.58%
AIM Diversified Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.245877 97.60023
1 FEE 30-Nov-99 0.737333 10.195262 0.07232 0.06
RESULTING VALUE 30-Nov-99 10.195262 97.52791 994.3226
1.000
FORMULA: 1000*(1+T)= 994.3226
= 943.3226307
T = -5.67% -0.57%
R = -5.67% -0.57%
AIM Growth and Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.421862 95.95214
1 FEE 30-Nov-99 0.737333 12.261068 0.06014 0.06
RESULTING VALUE 30-Nov-99 12.261068 95.89201 1175.7384
1.000
FORMULA: 1000*(1+T)= 1175.7384
= 1124.738425
T = 12.47% 17.57%
R = 12.47% 17.57%
AIM Government Securities
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.088881 99.11902
1 FEE 30-Nov-99 0.737333 9.984024 0.07385 0.06
RESULTING VALUE 30-Nov-99 9.984024 99.04517 988.8693
1.000
FORMULA: 1000*(1+T)= 988.8693
= 937.8693435
T = -6.21% -1.11%
R = -6.21% -1.11%
AIM Growth
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.486408 95.36154
1 FEE 30-Nov-99 0.737333 12.640135 0.05833 0.06
RESULTING VALUE 30-Nov-99 12.640135 95.30321 1204.6454
1.000
FORMULA: 1000*(1+T)= 1204.6454
= 1153.645387
T = 15.36% 20.46%
R = 15.36% 20.46%
AIM International Equity
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.327383 96.82995
1 FEE 30-Nov-99 0.737333 10.496302 0.07025 0.06
RESULTING VALUE 30-Nov-99 10.496302 96.75971 1015.6191
1.000
FORMULA: 1000*(1+T)= 1015.6191
= 964.6190853
T = -3.54% 1.56%
R = -3.54% 1.56%
AIM Global Utilities
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.088785 99.11996
1 FEE 30-Nov-99 0.737333 10.456334 0.07052 0.06
RESULTING VALUE 30-Nov-99 10.456334 99.04945 1035.6941
1.000
FORMULA: 1000*(1+T)= 1035.6941
= 984.69411
T = -1.53% 3.57%
R = -1.53% 3.57%
AIM Value
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.389486 96.25115
1 FEE 30-Nov-99 0.737333 12.493934 0.05902 0.06
RESULTING VALUE 30-Nov-99 12.493934 96.19214 1201.8182
1.000
FORMULA: 1000*(1+T)= 1201.8182
= 1150.818212
T = 15.08% 20.18%
R = 15.08% 20.18%
AIM Balanced
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.220309 97.84440
1 FEE 30-Nov-99 0.737333 11.051999 0.06671 0.06
RESULTING VALUE 30-Nov-99 11.051999 97.77768 1080.6389
1.000
FORMULA: 1000*(1+T)= 1080.6389
= 1029.638875
T = 2.96% 8.06%
R = 2.96% 8.06%
AIM High Yield
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.372154 96.41199
1 FEE 30-Nov-99 0.737333 10.663592 0.06914 0.06
RESULTING VALUE 30-Nov-99 10.663592 96.34284 1027.3608
1.000
FORMULA: 1000*(1+T)= 1027.3608
= 976.3607839
T = -2.36% 2.74%
R = -2.36% 2.74%
Goldman Sachs Growth and Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.142246 98.59749
1 FEE 30-Nov-99 0.737333 10.118503 0.07287 0.06
RESULTING VALUE 30-Nov-99 10.118503 98.52462 996.9217
1.000
FORMULA: 1000*(1+T)= 996.9217
= 945.9216664
T = -5.41% -0.31%
R = -5.41% -0.31%
Goldman Sachs CORE U.S. Equity
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.336043 96.74882
1 FEE 30-Nov-99 0.737333 11.636417 0.06336 0.06
RESULTING VALUE 30-Nov-99 11.636417 96.68546 1125.0723
1.000
FORMULA: 1000*(1+T)= 1125.0723
= 1074.072321
T = 7.41% 12.51%
R = 7.41% 12.51%
Goldman Sachs CORE Large Cap Growth
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.408483 96.07548
1 FEE 30-Nov-99 0.737333 12.057795 0.06115 0.06
RESULTING VALUE 30-Nov-99 12.057795 96.01433 1157.7211
1.000
FORMULA: 1000*(1+T)= 1157.7211
= 1106.721109
T = 10.67% 15.77%
R = 10.67% 15.77%
Goldman Sachs CORE Small Cap Equity
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 9.980382 100.19657
1 FEE 30-Nov-99 0.737333 9.709873 0.07594 0.06
RESULTING VALUE 30-Nov-99 9.709873 100.12063 972.1586
1.000
FORMULA: 1000*(1+T)= 972.1586
= 921.1585938
T = -7.88% -2.78%
R = -7.88% -2.78%
Goldman Sachs Capital Growth
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.355670 96.56546
1 FEE 30-Nov-99 0.737333 11.650572 0.06329 0.06
RESULTING VALUE 30-Nov-99 11.650572 96.50217 1124.3055
1.000
FORMULA: 1000*(1+T)= 1124.3055
= 1073.305469
T = 7.33% 12.43%
R = 7.33% 12.43%
Goldman Sachs Mid Cap Equity
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 9.945480 100.54819
1 FEE 30-Nov-99 0.737333 9.786950 0.07534 0.06
RESULTING VALUE 30-Nov-99 9.786950 100.47285 983.3228
1.000
FORMULA: 1000*(1+T)= 983.3228
= 932.3227622
T = -6.77% -1.67%
R = -6.77% -1.67%
Goldman Sachs International Equity
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.393302 96.21581
1 FEE 30-Nov-99 0.737333 11.006933 0.06699 0.06
RESULTING VALUE 30-Nov-99 11.006933 96.14882 1058.3037
1.000
FORMULA: 1000*(1+T)= 1058.3037
= 1007.303672
T = 0.73% 5.83%
R = 0.73% 5.83%
Goldman Sachs Global Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.142246 98.59749
1 FEE 30-Nov-99 0.737333 10.118503 0.07287 0.06
RESULTING VALUE 30-Nov-99 10.118503 98.52462 996.9217
1.000
FORMULA: 1000*(1+T)= 996.9217
= 945.9216664
T = -5.41% -0.31%
R = -5.41% -0.31%
Neuberger & Berman AMT Guardian
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.328338 96.82100
1 FEE 30-Nov-99 0.737333 11.255756 0.06551 0.06
RESULTING VALUE 30-Nov-99 11.255756 96.75549 1089.0562
1.000
FORMULA: 1000*(1+T)= 1089.0562
= 1038.056204
T = 3.81% 8.91%
R = 3.81% 8.91%
Neuberger & Berman AMT Mid-Cap Growth
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.680754 93.62635
1 FEE 30-Nov-99 0.737333 11.717575 0.06293 0.06
RESULTING VALUE 30-Nov-99 11.717575 93.56342 1096.3364
1.000
FORMULA: 1000*(1+T)= 1096.3364
= 1045.336431
T = 4.53% 9.63%
R = 4.53% 9.63%
Neuberger & Berman AMT Partners
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.079343 99.21282
1 FEE 30-Nov-99 0.737333 10.467968 0.07044 0.06
RESULTING VALUE 30-Nov-99 10.467968 99.14238 1037.8192
1.000
FORMULA: 1000*(1+T)= 1037.8192
= 986.8192471
T = -1.32% 3.78%
R = -1.32% 3.78%
MFS Research Series
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 8.373888 119.41884
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 119.34511 1193.4511
1.000
FORMULA: 1000*(1+T)= 1193.4511
= 1142.451077
T = 14.25% 19.35%
R = 14.25% 19.35%
Templeton Stock Fund
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 8.525718 117.29217
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 117.21844 1172.1844
1.000
FORMULA: 1000*(1+T)= 1172.1844
= 1121.184408
T = 12.12% 17.22%
R = 12.12% 17.22%
Templeton International
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 8.923263 112.06663
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 111.99290 1119.9290
1.000
FORMULA: 1000*(1+T)= 1119.9290
= 1068.928952
T = 6.89% 11.99%
R = 6.89% 11.99%
Templeton Developing Markets
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 7.735449 129.27498
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 129.20124 1292.0124
1.000
FORMULA: 1000*(1+T)= 1292.0124
= 1241.012448
T = 24.10% 29.20%
R = 24.10% 29.20%
Franklin Small Cap Investments
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 6.475678 154.42398
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 154.35025 1543.5025
1.000
FORMULA: 1000*(1+T)= 1543.5025
= 1492.502513
T = 49.25% 54.35%
R = 49.25% 54.35%
Mutual Shares Investment Fund
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 9.514315 105.10478
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 105.03105 1050.3105
1.000
FORMULA: 1000*(1+T)= 1050.3105
= 999.3104824
T = -0.07% 5.03%
R = -0.07% 5.03%
Oppenheimer Main Street Growth & Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 8.480169 117.92218
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 117.84844 1178.4844
1.000
FORMULA: 1000*(1+T)= 1178.4844
= 1127.484449
T = 12.75% 17.85%
R = 12.75% 17.85%
Oppenheimer Capital Appreciation
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 7.817713 127.91465
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 127.84091 1278.4091
1.000
FORMULA: 1000*(1+T)= 1278.4091
= 1227.409138
T = 22.74% 27.84%
R = 22.74% 27.84%
Oppenheimer Aggressive Growth
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 5.777628 173.08141
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 173.00768 1730.0768
1.000
FORMULA: 1000*(1+T)= 1730.0768
= 1679.076765
T = 67.91% 73.01%
R = 67.91% 73.01%
Oppenheimer Strategic Bond
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.508107 95.16462
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 95.09089 950.9089
1.000
FORMULA: 1000*(1+T)= 950.9089
= 899.9088575
T = -10.01% -4.91%
R = -10.01% -4.91%
Oppenheimer Global Securities
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 7.348180 136.08812
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 136.01439 1360.1439
1.000
FORMULA: 1000*(1+T)= 1360.1439
= 1309.143864
T = 30.91% 36.01%
R = 30.91% 36.01%
STI Capital Appreciation
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 9.077394 110.16378
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 110.09004 1100.9004
1.000
FORMULA: 1000*(1+T)= 1100.9004
= 1049.900427
T = 4.99% 10.09%
R = 4.99% 10.09%
STI Value Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.077790 99.22810
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 99.15437 991.5437
1.000
FORMULA: 1000*(1+T)= 991.5437
= 940.5437123
T = -5.95% -0.85%
R = -5.95% -0.85%
Federated Prime Money Fund II
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUESURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 9.696114 103.13410
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 103.06037 1030.6037
</TABLE>
<PAGE>
5 yrs ago: 11/30/94
4 years Ago: 11/30/95
3 yrs ago: 11/29/96
2 Years ago: 11/28/97
1 Year Ago: 11/30/98
Date: 11/30/99
<TABLE>
<CAPTION>
Morgan Stanley Fixed Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
<S> <C> <C> <C> <C> <C> >C? <C>
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 9.463477 0.07791
4 FEE 30-Nov-98 0.737333 10.155635 0.07260
5 FEE 30-Nov-99 0.737333 10.101942 0.07299 0.03
RESULTING VALUE 30-Nov-99 10.101942 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Morgan Stanley Equity Growth
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 8.896095 0.08288
4 FEE 30-Nov-98 0.737333 10.188052 0.07237
5 FEE 30-Nov-99 0.737333 11.702318 0.06301 0.03
RESULTING VALUE 30-Nov-99 11.702318 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Morgan Stanley Value
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 10.222496 0.07213
4 FEE 30-Nov-98 0.737333 10.009391 0.07366
5 FEE 30-Nov-99 0.737333 9.777311 0.07541 0.03
RESULTING VALUE 30-Nov-99 9.777311 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Morgan Stanley Mid Cap Value
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 9.506607 0.07756
4 FEE 30-Nov-98 0.737333 10.136418 0.07274
5 FEE 30-Nov-99 0.737333 10.566645 0.06978 0.03
RESULTING VALUE 30-Nov-99 10.566645 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Morgan Stanley U.S. Real Estate
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 11.276491 0.06539
4 FEE 30-Nov-98 0.737333 10.083520 0.07312
5 FEE 30-Nov-99 0.737333 9.729060 0.07579 0.03
RESULTING VALUE 30-Nov-99 9.729060 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Morgan Stanley Global Equity
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 9.104240 0.08099
4 FEE 30-Nov-98 0.737333 10.157488 0.07259
5 FEE 30-Nov-99 0.737333 10.025506 0.07355 0.03
RESULTING VALUE 30-Nov-99 10.025506 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Morgan Stanley International Magnum
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 9.737318 0.07572
4 FEE 30-Nov-98 0.737333 10.268936 0.07180
5 FEE 30-Nov-99 0.737333 10.360793 0.07117 0.03
RESULTING VALUE 30-Nov-99 10.360793 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Fidelity Growth
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 4.981213 200.75431
1 FEE 30-Nov-95 0.737333 7.040557 0.10473
2 FEE 29-Nov-96 0.737333 7.963220 0.09259
3 FEE 28-Nov-97 0.737333 9.380556 0.07860
4 FEE 30-Nov-98 0.737333 10.332038 0.07136
5 FEE 30-Nov-99 0.737333 12.113977 0.06087 0.03
RESULTING VALUE 30-Nov-99 12.113977 200.34616 2426.9888
5.000
FORMULA: 1000*(1+T)= 2426.9888
= 2401.488809
T = 19.15% 19.40%
R = 140.15% 142.70%
Fidelity High Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 7.985575 125.22580
1 FEE 30-Nov-95 0.737333 9.442209 0.07809
2 FEE 29-Nov-96 0.737333 10.600046 0.06956
3 FEE 28-Nov-97 0.737333 12.335155 0.05977
4 FEE 30-Nov-98 0.737333 10.508516 0.07017
5 FEE 30-Nov-99 0.737333 10.927551 0.06747 0.03
RESULTING VALUE 30-Nov-99 10.927551 124.88073 1364.6406
5.000
FORMULA: 1000*(1+T)= 1364.6406
= 1339.140592
T = 6.01% 6.42%
R = 33.91% 36.46%
Fidelity Contrafund
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 6.560380 0.11239
2 FEE 29-Nov-96 0.737333 7.932841 0.09295
3 FEE 28-Nov-97 0.737333 9.481756 0.07776
4 FEE 30-Nov-98 0.737333 10.407684 0.07085
5 FEE 30-Nov-99 0.737333 12.254681 0.06017 0.03
RESULTING VALUE 30-Nov-99 12.254681 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
MFS Emerging Growth
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 6.485600 0.11369
2 FEE 29-Nov-96 0.737333 7.867038 0.09372
3 FEE 28-Nov-97 0.737333 9.131608 0.08075
4 FEE 30-Nov-98 0.737333 10.577291 0.06971
5 FEE 30-Nov-99 0.737333 12.343608 0.05973 0.03
RESULTING VALUE 30-Nov-99 12.343608 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
MFS Growth and Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 5.594502 0.13180
2 FEE 29-Nov-96 0.737333 7.102081 0.10382
3 FEE 28-Nov-97 0.737333 8.820992 0.08359
4 FEE 30-Nov-98 0.737333 10.325927 0.07141
5 FEE 30-Nov-99 0.737333 10.868723 0.06784 0.03
RESULTING VALUE 30-Nov-99 10.868723 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
MFS New Discovery
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 10.159409 0.07258
5 FEE 30-Nov-99 0.737333 11.201415 0.06583 0.03
RESULTING VALUE 30-Nov-99 11.201415 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Dreyfus Growth and Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 4.445380 224.95265
1 FEE 30-Nov-95 0.737333 6.706345 0.10995
2 FEE 29-Nov-96 0.737333 8.243919 0.08944
3 FEE 28-Nov-97 0.737333 9.481575 0.07776
4 FEE 30-Nov-98 0.737333 10.232394 0.07206
5 FEE 30-Nov-99 0.737333 10.724603 0.06875 0.03
RESULTING VALUE 30-Nov-99 10.724603 224.53469 2408.0454
5.000
FORMULA: 1000*(1+T)= 2408.0454
= 2382.545378
T = 18.96% 19.22%
R = 138.25% 140.80%
Dreyfus Money Market
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 8.660809 115.46265
1 FEE 30-Nov-95 0.737333 9.031448 0.08164
2 FEE 29-Nov-96 0.737333 9.335348 0.07898
3 FEE 28-Nov-97 0.737333 9.689125 0.07610
4 FEE 30-Nov-98 0.737333 10.018000 0.07360
5 FEE 30-Nov-99 0.737333 10.125350 0.07282 0.03
RESULTING VALUE 30-Nov-99 10.125350 115.07951 1165.2203
5.000
FORMULA: 1000*(1+T)= 1165.2203
= 1139.720324
T = 2.65% 3.11%
R = 13.97% 16.52%
Dreyfus Socially Responsible
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 4.327659 231.07181
1 FEE 30-Nov-95 0.737333 5.813760 0.12683
2 FEE 29-Nov-96 0.737333 6.787821 0.10863
3 FEE 28-Nov-97 0.737333 8.596501 0.08577
4 FEE 30-Nov-98 0.737333 10.384877 0.07100
5 FEE 30-Nov-99 0.737333 11.772677 0.06263 0.03
RESULTING VALUE 30-Nov-99 11.772677 230.61696 2714.9789
5.000
FORMULA: 1000*(1+T)= 2714.9789
= 2689.478934
T = 21.88% 22.11%
R = 168.95% 171.50%
Dreyfus Small Company
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 8.948368 0.08240
3 FEE 28-Nov-97 0.737333 11.399805 0.06468
4 FEE 30-Nov-98 0.737333 9.970948 0.07395
5 FEE 30-Nov-99 0.737333 9.984714 0.07385 0.03
RESULTING VALUE 30-Nov-99 9.984714 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
American Century Balanced
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 6.070820 164.72239
1 FEE 30-Nov-95 0.737333 7.272078 0.10139
2 FEE 29-Nov-96 0.737333 8.343266 0.08837
3 FEE 28-Nov-97 0.737333 9.150088 0.08058
4 FEE 30-Nov-98 0.737333 10.183063 0.07241
5 FEE 30-Nov-99 0.737333 10.525813 0.07005 0.03
RESULTING VALUE 30-Nov-99 10.525813 164.30959 1729.4920
5.000
FORMULA: 1000*(1+T)= 1729.4920
= 1703.99198
T = 11.25% 11.58%
R = 70.40% 72.95%
American Century International
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 6.497723 153.90007
1 FEE 30-Nov-95 0.737333 6.862352 0.10745
2 FEE 29-Nov-96 0.737333 7.853711 0.09388
3 FEE 28-Nov-97 0.737333 9.064327 0.08134
4 FEE 30-Nov-98 0.737333 10.424712 0.07073
5 FEE 30-Nov-99 0.737333 11.109609 0.06637 0.03
RESULTING VALUE 30-Nov-99 11.109609 153.48029 1705.1061
5.000
FORMULA: 1000*(1+T)= 1705.1061
= 1679.606053
T = 10.93% 11.26%
R = 67.96% 70.51%
Fidelity Equity Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 5.431652 184.10605
1 FEE 30-Nov-95 0.737333 7.054872 0.10451
2 FEE 29-Nov-96 0.737333 8.309773 0.08873
3 FEE 28-Nov-97 0.737333 9.946554 0.07413
4 FEE 30-Nov-98 0.737333 10.173729 0.07247
5 FEE 30-Nov-99 0.737333 10.660212 0.06917 0.03
RESULTING VALUE 30-Nov-99 10.660212 183.69704 1958.2493
5.000
FORMULA: 1000*(1+T)= 1958.2493
= 1932.749341
T = 14.09% 14.39%
R = 93.27% 95.82%
Dreyfus Stock Index
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 3.965206 252.19371
1 FEE 30-Nov-95 0.737333 5.331672 0.13829
2 FEE 29-Nov-96 0.737333 6.699503 0.11006
3 FEE 28-Nov-97 0.737333 8.465075 0.08710
4 FEE 30-Nov-98 0.737333 10.292402 0.07164
5 FEE 30-Nov-99 0.737333 11.365201 0.06488 0.03
RESULTING VALUE 30-Nov-99 11.365201 251.72174 2860.8681
5.000
FORMULA: 1000*(1+T)= 2860.8681
= 2835.368148
T = 23.17% 23.40%
R = 183.54% 186.09%
AIM Capital Appreciation
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 5.496087 181.94763
1 FEE 30-Nov-95 0.737333 7.674963 0.09607
2 FEE 29-Nov-96 0.737333 8.849390 0.08332
3 FEE 28-Nov-97 0.737333 9.784444 0.07536
4 FEE 30-Nov-98 0.737333 10.225121 0.07211
5 FEE 30-Nov-99 0.737333 11.314796 0.06517 0.03
RESULTING VALUE 30-Nov-99 11.314796 181.55561 2054.2646
5.000
FORMULA: 1000*(1+T)= 2054.2646
= 2028.764644
T = 15.20% 15.49%
R = 102.88% 105.43%
AIM Diversified Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 7.288430 137.20376
1 FEE 30-Nov-95 0.737333 8.417141 0.08760
2 FEE 29-Nov-96 0.737333 9.265210 0.07958
3 FEE 28-Nov-97 0.737333 9.908984 0.07441
4 FEE 30-Nov-98 0.737333 10.245877 0.07196
5 FEE 30-Nov-99 0.737333 10.195262 0.07232 0.03
RESULTING VALUE 30-Nov-99 10.195262 136.81788 1394.8942
5.000
FORMULA: 1000*(1+T)= 1394.8942
= 1369.394177
T = 6.49% 6.88%
R = 36.94% 39.49%
AIM Growth and Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 4.617914 216.54799
1 FEE 30-Nov-95 0.737333 6.187618 0.11916
2 FEE 29-Nov-96 0.737333 7.361876 0.10016
3 FEE 28-Nov-97 0.737333 8.993322 0.08199
4 FEE 30-Nov-98 0.737333 10.421862 0.07075
5 FEE 30-Nov-99 0.737333 12.261068 0.06014 0.03
RESULTING VALUE 30-Nov-99 12.261068 216.11580 2649.8105
5.000
FORMULA: 1000*(1+T)= 2649.8105
= 2624.310534
T = 21.28% 21.52%
R = 162.43% 164.98%
AIM Government Securities
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 7.712767 129.65515
1 FEE 30-Nov-95 0.737333 8.733903 0.08442
2 FEE 29-Nov-96 0.737333 8.993334 0.08199
3 FEE 28-Nov-97 0.737333 9.412824 0.07833
4 FEE 30-Nov-98 0.737333 10.088881 0.07308
5 FEE 30-Nov-99 0.737333 9.984024 0.07385 0.03
RESULTING VALUE 30-Nov-99 9.984024 129.26348 1290.5697
5.000
FORMULA: 1000*(1+T)= 1290.5697
= 1265.06967
T = 4.81% 5.23%
R = 26.51% 29.06%
AIM Growth
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 4.591150 217.81035
1 FEE 30-Nov-95 0.737333 6.239887 0.11816
2 FEE 29-Nov-96 0.737333 7.320248 0.10073
3 FEE 28-Nov-97 0.737333 8.884539 0.08299
4 FEE 30-Nov-98 0.737333 10.486408 0.07031
5 FEE 30-Nov-99 0.737333 12.640135 0.05833 0.03
RESULTING VALUE 30-Nov-99 12.640135 217.37983 2747.7103
5.000
FORMULA: 1000*(1+T)= 2747.7103
= 2722.210349
T = 22.18% 22.40%
R = 172.22% 174.77%
AIM International Equity
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 6.529343 153.15477
1 FEE 30-Nov-95 0.737333 7.296678 0.10105
2 FEE 29-Nov-96 0.737333 8.772366 0.08405
3 FEE 28-Nov-97 0.737333 9.302167 0.07926
4 FEE 30-Nov-98 0.737333 10.327383 0.07140
5 FEE 30-Nov-99 0.737333 10.496302 0.07025 0.03
RESULTING VALUE 30-Nov-99 10.496302 152.74876 1603.2971
5.000
FORMULA: 1000*(1+T)= 1603.2971
= 1577.797074
T = 9.55% 9.90%
R = 57.78% 60.33%
AIM Global Utilities
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 5.601259 178.53129
1 FEE 30-Nov-95 0.737333 6.765121 0.10899
2 FEE 29-Nov-96 0.737333 7.715171 0.09557
3 FEE 28-Nov-97 0.737333 8.988360 0.08203
4 FEE 30-Nov-98 0.737333 10.088785 0.07308
5 FEE 30-Nov-99 0.737333 10.456334 0.07052 0.03
RESULTING VALUE 30-Nov-99 10.456334 178.10110 1862.2846
5.000
FORMULA: 1000*(1+T)= 1862.2846
= 1836.784579
T = 12.93% 13.24%
R = 83.68% 86.23%
AIM Value
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 4.670902 214.09141
1 FEE 30-Nov-95 0.737333 6.515875 0.11316
2 FEE 29-Nov-96 0.737333 7.215959 0.10218
3 FEE 28-Nov-97 0.737333 8.775512 0.08402
4 FEE 30-Nov-98 0.737333 10.389486 0.07097
5 FEE 30-Nov-99 0.737333 12.493934 0.05902 0.03
RESULTING VALUE 30-Nov-99 12.493934 213.66206 2669.4797
5.000
FORMULA: 1000*(1+T)= 2669.4797
= 2643.979731
T = 21.47% 21.70%
R = 164.40% 166.95%
AIM Balanced
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 10.220309 0.07214
5 FEE 30-Nov-99 0.737333 11.051999 0.06671 0.03
RESULTING VALUE 30-Nov-99 11.051999 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
AIM High Yield
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 10.372154 0.07109
5 FEE 30-Nov-99 0.737333 10.663592 0.06914 0.03
RESULTING VALUE 30-Nov-99 10.663592 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Goldman Sachs Growth and Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 10.142246 0.07270
5 FEE 30-Nov-99 0.737333 10.118503 0.07287 0.03
RESULTING VALUE 30-Nov-99 10.118503 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Goldman Sachs CORE U.S. Equity
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 10.336043 0.07134
5 FEE 30-Nov-99 0.737333 11.636417 0.06336 0.03
RESULTING VALUE 30-Nov-99 11.636417 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Goldman Sachs CORE Large Cap Growth
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 10.408483 0.07084
5 FEE 30-Nov-99 0.737333 12.057795 0.06115 0.03
RESULTING VALUE 30-Nov-99 12.057795 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Goldman Sachs CORE Small Cap Equity
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 9.980382 0.07388
5 FEE 30-Nov-99 0.737333 9.709873 0.07594 0.03
RESULTING VALUE 30-Nov-99 9.709873 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Goldman Sachs Capital Growth
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 10.355670 0.07120
5 FEE 30-Nov-99 0.737333 11.650572 0.06329 0.03
RESULTING VALUE 30-Nov-99 11.650572 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Goldman Sachs Mid Cap Equity
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 9.945480 0.07414
5 FEE 30-Nov-99 0.737333 9.786950 0.07534 0.03
RESULTING VALUE 30-Nov-99 9.786950 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Goldman Sachs International Equity
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 10.393302 0.07094
5 FEE 30-Nov-99 0.737333 11.006933 0.06699 0.03
RESULTING VALUE 30-Nov-99 11.006933 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Goldman Sachs Global Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 10.142246 0.07270
5 FEE 30-Nov-99 0.737333 10.118503 0.07287 0.03
RESULTING VALUE 30-Nov-99 10.118503 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Neuberger & Berman AMT Guardian
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 8.054981 0.09154
4 FEE 30-Nov-98 0.737333 10.328338 0.07139
5 FEE 30-Nov-99 0.737333 11.255756 0.06551 0.03
RESULTING VALUE 30-Nov-99 11.255756 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Neuberger & Berman AMT Mid-Cap Growth
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 8.399700 0.08778
4 FEE 30-Nov-98 0.737333 10.680754 0.06903
5 FEE 30-Nov-99 0.737333 11.717575 0.06293 0.03
RESULTING VALUE 30-Nov-99 11.717575 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Neuberger & Berman AMT Partners
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 4.465391 223.94455
1 FEE 30-Nov-95 0.737333 5.984445 0.12321
2 FEE 29-Nov-96 0.737333 7.740277 0.09526
3 FEE 28-Nov-97 0.737333 9.878869 0.07464
4 FEE 30-Nov-98 0.737333 10.079343 0.07315
5 FEE 30-Nov-99 0.737333 10.467968 0.07044 0.03
RESULTING VALUE 30-Nov-99 10.467968 223.50786 2339.6731
5.000
FORMULA: 1000*(1+T)= 2339.6731
= 2314.173124
T = 18.27% 18.53%
R = 131.42% 133.97%
MFS Research Series
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 5.032502 0.14651
2 FEE 29-Nov-96 0.737333 6.321015 0.11665
3 FEE 28-Nov-97 0.737333 7.358335 0.10020
4 FEE 30-Nov-98 0.737333 8.373888 0.08805
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Templeton Stock Fund
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 5.244619 190.67162
1 FEE 30-Nov-95 0.737333 6.231914 0.11832
2 FEE 29-Nov-96 0.737333 7.198294 0.10243
3 FEE 28-Nov-97 0.737333 8.550236 0.08624
4 FEE 30-Nov-98 0.737333 8.525718 0.08648
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 190.20442 1902.0442
5.000
FORMULA: 1000*(1+T)= 1902.0442
= 1876.544202
T = 13.42% 13.72%
R = 87.65% 90.20%
Templeton International
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 5.359633 186.57994
1 FEE 30-Nov-95 0.737333 5.893296 0.12511
2 FEE 29-Nov-96 0.737333 6.884834 0.10710
3 FEE 28-Nov-97 0.737333 8.277320 0.08908
4 FEE 30-Nov-98 0.737333 8.923263 0.08263
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 186.10229 1861.0229
5.000
FORMULA: 1000*(1+T)= 1861.0229
= 1835.522875
T = 12.92% 13.23%
R = 83.55% 86.10%
Templeton Developing Markets
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 13.621396 0.05413
3 FEE 28-Nov-97 0.737333 11.555705 0.06381
4 FEE 30-Nov-98 0.737333 7.735449 0.09532
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Franklin Small Cap Investments
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 6.475678 0.11386
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Mutual Shares Investment Fund
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 9.514315 0.07750
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Oppenheimer Main Street Growth & Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 5.613281 0.13136
2 FEE 29-Nov-96 0.737333 7.411265 0.09949
3 FEE 28-Nov-97 0.737333 8.911820 0.08274
4 FEE 30-Nov-98 0.737333 8.480169 0.08695
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Oppenheimer Capital Appreciation
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 4.341162 230.35307
1 FEE 30-Nov-95 0.737333 5.752549 0.12818
2 FEE 29-Nov-96 0.737333 6.639858 0.11105
3 FEE 28-Nov-97 0.737333 7.677377 0.09604
4 FEE 30-Nov-98 0.737333 7.817713 0.09432
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 229.84976 2298.4976
5.000
FORMULA: 1000*(1+T)= 2298.4976
= 2272.997609
T = 17.85% 18.11%
R = 127.30% 129.85%
Oppenheimer Aggressive Growth
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 3.921302 255.01734
1 FEE 30-Nov-95 0.737333 5.097108 0.14466
2 FEE 29-Nov-96 0.737333 5.808522 0.12694
3 FEE 28-Nov-97 0.737333 6.130363 0.12028
4 FEE 30-Nov-98 0.737333 5.777628 0.12762
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 254.42411 2544.2411
5.000
FORMULA: 1000*(1+T)= 2544.2411
= 2518.741138
T = 20.29% 20.53%
R = 151.87% 154.42%
Oppenheimer Strategic Bond
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 10.339717 96.71445
1 FEE 30-Nov-95 0.737333 10.520446 0.07009
2 FEE 29-Nov-96 0.737333 10.969477 0.06722
3 FEE 28-Nov-97 0.737333 10.778953 0.06840
4 FEE 30-Nov-98 0.737333 10.508107 0.07017
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 96.36484 963.6484
5.000
FORMULA: 1000*(1+T)= 963.6484
= 938.1483697
T = -1.27% -0.74%
R = -6.19% -3.64%
Oppenheimer Global Securities
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 5.770217 173.30371
1 FEE 30-Nov-95 0.737333 5.448849 0.13532
2 FEE 29-Nov-96 0.737333 6.362075 0.11590
3 FEE 28-Nov-97 0.737333 7.575357 0.09733
4 FEE 30-Nov-98 0.737333 7.348180 0.10034
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 172.78108 1727.8108
5.000
FORMULA: 1000*(1+T)= 1727.8108
= 1702.310846
T = 11.23% 11.56%
R = 70.23% 72.78%
STI Capital Appreciation
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 4.514045 0.16334
2 FEE 29-Nov-96 0.737333 5.685516 0.12969
3 FEE 28-Nov-97 0.737333 7.392015 0.09975
4 FEE 30-Nov-98 0.737333 9.077394 0.08123
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
STI Value Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 6.199633 0.11893
2 FEE 29-Nov-96 0.737333 7.555966 0.09758
3 FEE 28-Nov-97 0.737333 9.162082 0.08048
4 FEE 30-Nov-98 0.737333 10.077790 0.07316
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Federated Prime Money Fund II
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 8.445796 118.40210
1 FEE 30-Nov-95 0.737333 8.760595 0.08416
2 FEE 29-Nov-96 0.737333 9.051715 0.08146
3 FEE 28-Nov-97 0.737333 9.365325 0.07873
4 FEE 30-Nov-98 0.737333 9.696114 0.07604
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 118.00797 1180.0797
5.000
FORMULA: 1000*(1+T)= 1180.0797
= 1154.579717
T = 2.92% 3.37%
R = 15.46% 18.01%
</TABLE>
<PAGE>
Today: 11/30/99 One Year Ago: 11/30/98
One Month Ago: 10/29/99 Three Years Ago: 11/29/96
Three Months Ago: 8/31/99 Five Years Ago: 11/30/94
End of last year: 12/31/98 Ten Years Ago: 11/30/89
<TABLE>
<CAPTION>
AUVS
Today One Month Ago Inception Dates Years since Inception
<S> <C> <C> <C> <C>
Morgan Stanley Fixed Income 10.101942 10.101942 1/2/97 2.907597536
Morgan Stanley Equity Growth 11.702318 11.702318 1/2/97 2.907597536
Morgan Stanley Value 9.777311 9.777311 1/2/97 2.907597536
Morgan Stanley Mid Cap Value 10.566645 10.566645 1/2/97 2.907597536
Morgan Stanley U.S. Real Estate 9.72906 9.72906 3/4/97 2.740588638
Morgan Stanley Global Equity 10.025506 10.025506 1/2/97 2.907597536
Morgan Stanley International Magnum 10.360793 10.360793 1/2/97 2.907597536
Fidelity Growth 12.113977 12.113977 10/9/86 13.14168378
Fidelity High Income 10.927551 10.927551 9/20/85 14.19301848
Fidelity Contrafund 12.254681 12.254681 1/3/95 4.906228611
Fidelity Equity Income 10.660212 10.660212 10/23/86 13.10335387
MFS Emerging Growth 12.343608 12.343608 7/24/95 4.353182752
MFS Growth and Income 10.868723 10.868723 10/9/95 4.142368241
MFS New Discovery 11.201415 11.201415 4/29/98 1.587953457
Dreyfus Growth & Income 10.724603 10.724603 5/2/94 5.579739904
Dreyfus Money Market 10.12535 10.12535 8/31/90 9.248459959
Dreyfus Socially Responsible 11.772677 11.772677 10/7/93 6.146475017
Dreyfus Small Company Stock 9.984714 9.984714 4/30/96 3.58384668
Dreyfus Stock Index 11.365201 11.365201 9/29/89 10.16837782
American Century Balanced 10.525813 10.525813 5/1/91 8.583162218
American Century International 11.109609 11.109609 5/2/94 5.579739904
AIM Capital Appreciation 11.314796 11.314796 5/5/93 6.570841889
AIM Diversified Income 10.195262 10.195262 5/5/93 6.570841889
AIM Growth and Income 12.261068 12.261068 5/2/94 5.579739904
AIM Government Securities 9.984024 9.984024 5/5/93 6.570841889
AIM Growth 12.640135 12.640135 5/5/93 6.570841889
AIM International Equity 10.496302 10.496302 5/5/93 6.570841889
AIM Global Utilities 10.456334 10.456334 5/2/94 5.579739904
AIM Value 12.493934 12.493934 5/5/93 6.570841889
AIM Balanced 11.051999 11.051999 5/1/98 1.582477755
AIM High Yield 10.663592 10.663592 5/1/98 1.582477755
Goldman Sachs Growth and Income 10.118503 10.118503 1/12/98 1.880903491
Goldman Sachs CORE U.S. Equity 11.636417 11.636417 2/13/98 1.793292266
Goldman Sachs CORE Large Cap Growth 12.057795 12.057795 2/13/98 1.793292266
Goldman Sachs CORE Small Cap Equity 9.709873 9.709873 2/13/98 1.793292266
Goldman Sachs Capital Growth 11.650572 11.650572 4/30/98 1.585215606
Goldman Sachs Mid Cap Equity 9.78695 9.78695 4/30/98 1.585215606
Goldman Sachs International Equity 11.006933 11.006933 1/12/98 1.880903491
Goldman Sachs Global Income 10.118503 10.118503 1/12/98 1.880903491
Neuberger & Berman Guardian 11.255756 11.255756 11/3/97 2.072553046
Neuberger & Berman Mid-Cap Growth 11.717575 11.717575 11/3/97 2.072553046
Neuberger & Berman Partners 10.467968 10.467968 3/22/94 5.691991786
MFS Research Series 10 9.531657 7/26/95 4.34770705
Templeton Stock Fund 10 9.451463 8/24/88 11.26625599
Templeton International 10 9.637495 5/1/92 7.58110883
Templeton Developing Markets 10 9.400483 3/4/96 3.739904175
Franklin Small Cap Investments 10 9.063711 5/1/98 1.582477755
Mutual Shares Investment Fund 10 10.012025 5/1/98 1.582477755
Oppenheimer Main Street Growth & Income 10 9.869849 7/5/95 4.405201916
Oppenheimer Capital Appreciation 10 9.545906 4/3/85 14.65845311
Oppenheimer Aggressive Growth 10 8.804912 8/15/86 13.29226557
Oppenheimer Strategic Bond 10 9.910474 5/3/93 6.576317591
Oppenheimer Global Securities 10 8.878608 11/12/90 9.048596851
STI Capital Appreciation 10 9.848812 10/2/95 4.161533196
STI Value 10 10.288543 10/2/95 4.161533196
Federated Prime 10 9.971145 11/21/94 5.023956194
Three Months Ago End of last year One Year Ago Three Years Ago Five Years Ago
Morgan Stanley Fixed Income 10.101942 10.155114 10.155635 #N/A #N/A
Morgan Stanley Equity Growth 11.702318 10.944528 10.188052 #N/A #N/A
Morgan Stanley Value 9.777311 9.953707 10.009391 #N/A #N/A
Morgan Stanley Mid Cap Value 10.566645 10.963673 10.136418 #N/A #N/A
Morgan Stanley U.S. Real Estate 9.72906 10.177383 10.08352 #N/A #N/A
Morgan Stanley Global Equity 10.025506 10.432576 10.157488 #N/A #N/A
Morgan Stanley International Magnum 10.360793 10.386587 10.268936 #N/A #N/A
Fidelity Growth 12.113977 11.201286 10.332038 7.96322 4.981213
Fidelity High Income 10.927551 10.43295 10.508516 10.600046 7.985575
Fidelity Contrafund 12.254681 11.659911 10.407684 7.932841 #N/A
Fidelity Equity Income 10.660212 10.479337 10.173729 8.309773 5.431652
MFS Emerging Growth 12.343608 11.951077 10.577291 7.867038 #N/A
MFS Growth and Income 10.868723 10.814037 10.325927 7.102081 #N/A
MFS New Discovery 11.201415 11.384079 10.159409 #N/A #N/A
Dreyfus Growth & Income 10.724603 10.648717 10.232394 8.243919 4.44538
Dreyfus Money Market 10.12535 10.04834 10.018 9.335348 8.660809
Dreyfus Socially Responsible 11.772677 10.789397 10.384877 6.787821 4.327659
Dreyfus Small Company Stock 9.984714 10.661435 9.970948 8.948368 #N/A
Dreyfus Stock Index 11.365201 10.874882 10.292402 6.699503 3.965206
American Century Balanced 10.525813 10.603519 10.183063 8.343266 6.07082
American Century International 11.109609 10.974304 10.424712 7.853711 6.497723
AIM Capital Appreciation 11.314796 11.393714 10.225121 8.84939 5.496087
AIM Diversified Income 10.195262 10.220415 10.245877 9.26521 7.28843
AIM Growth and Income 12.261068 11.364569 10.421862 7.361876 4.617914
AIM Government Securities 9.984024 10.384204 10.088881 8.993334 7.712767
AIM Growth 12.640135 11.828995 10.486408 7.320248 4.59115
AIM International Equity 10.496302 10.684265 10.327383 8.772366 6.529343
AIM Global Utilities 10.456334 10.726497 10.088785 7.715171 5.601259
AIM Value 12.493934 11.522146 10.389486 7.215959 4.670902
AIM Balanced 11.051999 10.732869 10.220309 #N/A #N/A
AIM High Yield 10.663592 10.314604 10.372154 #N/A #N/A
Goldman Sachs Growth and Income 10.118503 9.671225 10.142246 #N/A #N/A
Goldman Sachs CORE U.S. Equity 11.636417 10.896543 10.336043 #N/A #N/A
Goldman Sachs CORE Large Cap Growth 12.057795 11.29583 10.408483 #N/A #N/A
Goldman Sachs CORE Small Cap Equity 9.709873 10.602116 9.980382 #N/A #N/A
Goldman Sachs Capital Growth 11.650572 11.099307 10.35567 #N/A #N/A
Goldman Sachs Mid Cap Equity 9.78695 9.980496 9.94548 #N/A #N/A
Goldman Sachs International Equity 11.006933 10.845674 10.393302 #N/A #N/A
Goldman Sachs Global Income 10.118503 9.671225 10.142246 #N/A #N/A
Neuberger & Berman Guardian 11.255756 10.808339 10.328338 #N/A #N/A
Neuberger & Berman Mid-Cap Growth 11.717575 12.126248 10.680754 #N/A #N/A
Neuberger & Berman Partners 10.467968 10.307205 10.079343 7.740277 4.465391
MFS Research Series 9.255425 8.961613 8.373888 6.321015 #N/A
Templeton Stock Fund 9.39665 8.475372 8.525718 7.198294 5.244619
Templeton International 9.797158 8.938934 8.923263 6.884834 5.359633
Templeton Developing Markets 9.645581 7.607441 7.735449 13.621396 #N/A
Franklin Small Cap Investments 7.868157 6.8622 6.475678 #N/A #N/A
Mutual Shares Investment Fund 10.180414 9.53267 9.514315 #N/A #N/A
Oppenheimer Main Street Growth & Income 9.762197 8.923472 8.480169 7.411265 #N/A
Oppenheimer Capital Appreciation 9.053654 8.557781 7.817713 6.639858 4.341162
Oppenheimer Aggressive Growth 8.17155 6.577973 5.777628 5.808522 3.921302
Oppenheimer Strategic Bond 9.789971 10.516431 10.508107 10.969477 10.339717
Oppenheimer Global Securities 8.566233 7.784062 7.34818 6.362075 5.770217
STI Capital Appreciation 9.806944 9.624694 9.077394 5.685516 #N/A
STI Value 10.488633 10.091178 10.07779 7.555966 #N/A
Federated Prime 9.915097 9.721619 9.696114 9.051715 8.445796
</TABLE>
Ten Years Ago Inception
Morgan Stanley Fixed Income #N/A 8.79833
Morgan Stanley Equity Growth #N/A 7.086416
Morgan Stanley Value #N/A 8.632033
Morgan Stanley Mid Cap Value #N/A 6.924431
Morgan Stanley U.S. Real Estate #N/A 9.922376
Morgan Stanley Global Equity #N/A 7.871617
Morgan Stanley International Magnum #N/A 9.128402
Fidelity Growth 3.189243 2.156394
Fidelity High Income 4.472409 4.028226
Fidelity Contrafund #N/A 4.778634
Fidelity Equity Income 3.511001 2.605203
MFS Emerging Growth #N/A 5.574894
MFS Growth and Income #N/A 5.364038
MFS New Discovery #N/A 11.242332
Dreyfus Growth & Income #N/A 4.499041
Dreyfus Money Market #N/A 7.563672
Dreyfus Socially Responsible #N/A 4.083737
Dreyfus Small Company Stock #N/A 8.882257
Dreyfus Stock Index 2.83992 2.853403
American Century Balanced #N/A 5.051899
American Century International #N/A 6.808356
AIM Capital Appreciation #N/A 4.65292
AIM Diversified Income #N/A 7.381614
AIM Growth and Income #N/A 4.700653
AIM Government Securities #N/A 7.947931
AIM Growth #N/A 4.373657
AIM International Equity #N/A 5.677895
AIM Global Utilities #N/A 5.852554
AIM Value #N/A 4.060889
AIM Balanced #N/A 9.583533
AIM High Yield #N/A 11.277901
Goldman Sachs Growth and Income #N/A 9.496321
Goldman Sachs CORE U.S. Equity #N/A 9.666892
Goldman Sachs CORE Large Cap Growth #N/A 9.798038
Goldman Sachs CORE Small Cap Equity #N/A 11.882135
Goldman Sachs Capital Growth #N/A 9.904326
Goldman Sachs Mid Cap Equity #N/A 11.753555
Goldman Sachs International Equity #N/A 9.227716
Goldman Sachs Global Income #N/A 9.496321
Neuberger & Berman Guardian #N/A 7.927763
Neuberger & Berman Mid-Cap Growth #N/A 7.54712
Neuberger & Berman Partners #N/A 4.657054
MFS Research Series #N/A 4.677642
Templeton Stock Fund 3.336534 3.00899
Templeton International #N/A 4.061789
Templeton Developing Markets #N/A 15.039794
Franklin Small Cap Investments #N/A 7.503106
Mutual Shares Investment Fund #N/A 9.88806
Oppenheimer Main Street Growth & Income #N/A 4.570431
Oppenheimer Capital Appreciation 4.334413 2.8172
Oppenheimer Aggressive Growth 3.383477 2.319275
Oppenheimer Strategic Bond #N/A 10.497109
Oppenheimer Global Securities #N/A 3.94272
STI Capital Appreciation #N/A 4.31684
STI Value #N/A 5.957209
Federated Prime #N/A 8.439047
<PAGE>
<TABLE>
<CAPTION>
Glenbrook Provider Variable Annuity
Returns as of 11/30/99
Non-Standardized Non-Standardized
Total Return Average Annual Total Return
One Three YTD Three Five Since
Fund Name Month Month 1999 Year Year Inception
- -------------------------------------------------------------------------- -------------------------------------
<S> <C> <C> <C> <C> <C> <C>
AIM International Equity 0.00% 0.00% -1.76% 6.16% 9.96% 9.80%
AIM Balanced 0.00% 0.00% 2.97% #N/A #N/A 9.43%
AIM Capital Appreciation 0.00% 0.00% -0.69% 8.54% 15.54% 14.48%
AIM Growth 0.00% 0.00% 6.86% 19.97% 22.45% 17.53%
AIM High Yield 0.00% 0.00% 3.38% #N/A #N/A -3.48%
AIM Value 0.00% 0.00% 8.43% 20.08% 21.75% 18.65%
AIM Global Utilities 0.00% 0.00% -2.52% 10.67% 13.30% 10.96%
AIM Growth and Income 0.00% 0.00% 7.89% 18.53% 21.57% 18.75%
AIM Diversified Income 0.00% 0.00% -0.25% 3.24% 6.94% 5.04%
AIM Government Securities 0.00% 0.00% -3.85% 3.54% 5.30% 3.53%
American Century Balanced 0.00% 0.00% -0.73% 8.05% 11.64% 8.93%
American Century International 0.00% 0.00% 1.23% 12.26% 11.32% 9.17%
Dreyfus Small Company Stock 0.00% 0.00% -6.35% 3.72% #N/A 3.32%
Dreyfus Growth & Income 0.00% 0.00% 0.71% 9.16% 19.26% 16.85%
Dreyfus Socially Responsible 0.00% 0.00% 9.11% 20.15% 22.16% 18.80%
Dreyfus Stock Index 0.00% 0.00% 4.51% 19.26% 23.44% 14.56%
Dreyfus Money Market 0.00% 0.00% 0.77% 2.74% 3.17% 3.20%
Fidelity Growth 0.00% 0.00% 8.15% 15.01% 19.45% 14.03%
Fidelity Contrafund 0.00% 0.00% 5.10% 15.60% #N/A 21.16%
Fidelity High Income 0.00% 0.00% 4.74% 1.02% 6.47% 7.28%
Fidelity Equity Income 0.00% 0.00% 1.73% 8.66% 14.44% 11.35%
Goldman Sachs Growth and Income 0.00% 0.00% 4.62% #N/A #N/A 3.43%
Goldman Sachs CORE U.S. Equity 0.00% 0.00% 6.79% #N/A #N/A 10.89%
Goldman Sachs CORE Small Cap Equity 0.00% 0.00% -8.42% #N/A #N/A -10.65%
Goldman Sachs CORE Large Cap Growth 0.00% 0.00% 6.75% #N/A #N/A 12.27%
Goldman Sachs Mid Cap Equity 0.00% 0.00% -1.94% #N/A #N/A -10.91%
Goldman Sachs Capital Growth 0.00% 0.00% 4.97% #N/A #N/A 10.79%
Goldman Sachs International Equity 0.00% 0.00% 1.49% #N/A #N/A 9.83%
Goldman Sachs Global Income 0.00% 0.00% 4.62% #N/A #N/A 3.43%
MFS Emerging Growth 0.00% 0.00% 3.28% 16.20% #N/A 20.03%
MFS Growth and Income 0.00% 0.00% 0.51% 15.24% #N/A 18.59%
MFS New Discovery 0.00% 0.00% -1.60% #N/A #N/A -0.23%
Morgan Stanley Fixed Income 0.00% 0.00% -0.52% #N/A #N/A 4.87%
Morgan Stanley Equity Growth 0.00% 0.00% 6.92% #N/A #N/A 18.83%
Morgan Stanley Value 0.00% 0.00% -1.77% #N/A #N/A 4.38%
Morgan Stanley Mid Cap Value 0.00% 0.00% -3.62% #N/A #N/A 15.65%
Morgan Stanley U.S. Real Estate 0.00% 0.00% -4.41% #N/A #N/A -0.72%
Morgan Stanley Global Equity 0.00% 0.00% -3.90% #N/A #N/A 8.67%
Morgan Stanley International Magnum 0.00% 0.00% -0.25% #N/A #N/A 4.45%
Neuberger & Berman Guardian 0.00% 0.00% 4.14% #N/A #N/A 18.43%
Neuberger & Berman Mid-Cap Growth 0.00% 0.00% -3.37% #N/A #N/A 23.65%
Neuberger & Berman Partners 0.00% 0.00% 1.56% 10.59% 18.58% 15.29%
MFS Research Series 4.91% 8.04% 11.59% 16.52% #N/A 19.10%
Templeton Stock Fund 5.80% 6.42% 17.99% 11.58% 13.78% 11.25%
Templeton International 3.76% 2.07% 11.87% 13.25% 13.29% 12.62%
Templeton Developing Markets 6.38% 3.67% 31.45% -9.79% #N/A -10.34%
Franklin Small Cap Investments 10.33% 27.09% 45.73% #N/A #N/A 19.91%
Mutual Shares Investment Fund -0.12% -1.77% 4.90% #N/A #N/A 0.71%
Oppenheimer Main Street Growth & Income 1.32% 2.44% 12.06% 10.50% #N/A 19.45%
Oppenheimer Capital Appreciation 4.76% 10.45% 16.85% 14.63% 18.16% 9.03%
Oppenheimer Aggressive Growth 13.57% 22.38% 52.02% 19.85% 20.59% 11.62%
Oppenheimer Strategic Bond 0.90% 2.15% -4.91% -3.04% -0.67% -0.74%
Oppenheimer Global Securities 12.63% 16.74% 28.47% 16.27% 11.63% 10.83%
STI Capital Appreciation 1.54% 1.97% 3.90% 20.71% #N/A 22.37%
STI Value Income -2.80% -4.66% -0.90% 9.79% #N/A 13.25%
Federated Prime Money Fund II 0.29% 0.86% 2.86% 3.38% 3.44% 3.44%
Standardized Total Return for
Surrendered Contracts
Quarter Ending Avg. Annual
Fund Name 9/30/99 Since Inception
- -----------------------------------------------------------------------
AIM International Equity -5.17% 9.75%
AIM Balanced -5.17% 6.25%
AIM Capital Appreciation -5.17% 14.43%
AIM Growth -5.17% 17.47%
AIM High Yield -5.17% -6.90%
AIM Value -5.17% 18.60%
AIM Global Utilities -5.17% 10.61%
AIM Growth and Income -5.17% 18.48%
AIM Diversified Income -5.17% 4.97%
AIM Government Securities -5.17% 3.46%
American Century Balanced -5.17% 8.87%
American Century International -5.17% 8.80%
Dreyfus Small Company Stock -5.17% 2.14%
Dreyfus Growth & Income -5.17% 16.57%
Dreyfus Socially Responsible -5.17% 18.74%
Dreyfus Stock Index -5.17% 14.51%
Dreyfus Money Market -5.17% 3.14%
Fidelity Growth -5.17% 13.99%
Fidelity Contrafund -5.17% 20.78%
Fidelity High Income -5.17% 7.23%
Fidelity Equity Income -5.17% 11.30%
Goldman Sachs Growth and Income -5.17% 0.69%
Goldman Sachs CORE U.S. Equity -5.17% 8.17%
Goldman Sachs CORE Small Cap Equity -5.17% -13.89%
Goldman Sachs CORE Large Cap Growth -5.17% 9.57%
Goldman Sachs Mid Cap Equity -5.17% -14.49%
Goldman Sachs Capital Growth -5.17% 7.64%
Goldman Sachs International Equity -5.17% 7.23%
Goldman Sachs Global Income -5.17% 0.69%
MFS Emerging Growth -5.17% 19.55%
MFS Growth and Income -5.17% 18.04%
MFS New Discovery -5.17% -3.57%
Morgan Stanley Fixed Income -5.17% 10.34%
Morgan Stanley Equity Growth -5.17% 17.71%
Morgan Stanley Value -5.17% 2.94%
Morgan Stanley Mid Cap Value -5.17% 14.47%
Morgan Stanley U.S. Real Estate -5.17% -2.39%
Morgan Stanley Global Equity -5.17% 7.35%
Morgan Stanley International Magnum -5.17% 3.02%
Neuberger & Berman Guardian -5.17% 16.61%
Neuberger & Berman Mid-Cap Growth -5.17% 21.91%
Neuberger & Berman Partners -5.17% 15.01%
MFS Research Series -11.99% 18.60%
Templeton Stock Fund -7.92% 11.20%
Templeton International -6.88% 12.57%
Templeton Developing Markets -20.32% -12.02%
Franklin Small Cap Investments -0.60% 16.88%
Mutual Shares Investment Fund -15.63% -2.62%
Oppenheimer Main Street Growth & Income -10.50% 18.97%
Oppenheimer Capital Appreciation -10.31% 8.98%
Oppenheimer Aggressive Growth -1.50% 11.57%
Oppenheimer Strategic Bond -5.31% -0.81%
Oppenheimer Global Securities -3.82% 10.77%
STI Capital Appreciation -15.09% 21.87%
STI Value Income -17.38% 12.63%
Federated Prime Money Fund II -4.36% 2.91%
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Glenbrook Provider - EDB
Standardized Returns
Ten Year or Inception
Fund One Year Five Year Since Inception 10 Dates
- -------------------------------------------------------------------------------------- ----------
<S> <C> <C> <C> <C> <C>
Morgan Stanley Fixed Income -5.70% #N/A 3.44% 1/2/97
Morgan Stanley Equity Growth 9.69% #N/A 17.71% 1/2/97
Morgan Stanley Value -7.49% #N/A 2.94% 1/2/97
Morgan Stanley Mid Cap Value -0.93% #N/A 14.47% 1/2/97
Morgan Stanley U.S. Real Estate -8.69% #N/A -2.39% 3/4/97
Morgan Stanley Global Equity -6.47% #N/A 7.35% 1/2/97
Morgan Stanley International Magnum -4.28% #N/A 3.02% 1/2/97
Fidelity Growth 12.07% 19.15% 13.99% 14.23% 10/9/86
Fidelity High Income -1.19% 6.01% 7.23% 9.30% 9/20/85
Fidelity Contrafund 12.57% #N/A 20.78% 1/3/95
Fidelity Equity Income -0.39% 14.09% 11.30% 11.69% 10/23/86
MFS Emerging Growth 11.53% #N/A 19.55% 7/24/95
MFS Growth and Income 0.08% #N/A 18.04% 10/9/95
MFS New Discovery 5.08% #N/A -3.57% 4/29/98
Dreyfus Growth & Income -0.36% 18.96% 16.57% 5/2/94
Dreyfus Money Market -4.10% 2.65% 3.14% 8/31/90
Dreyfus Socially Responsible 8.19% 21.88% 18.74% 10/7/93
Dreyfus Small Company Stock -5.04% #N/A 2.14% 4/30/96
Dreyfus Stock Index 5.25% 23.17% 14.51% 9/29/89
American Century Balanced -1.81% 11.25% 8.87% 5/1/91
American Century International 1.40% 10.93% 8.80% 5/2/94
AIM Capital Appreciation 5.48% 15.20% 14.43% 5/5/93
AIM Diversified Income -5.67% 6.49% 4.97% 5/5/93
AIM Growth and Income 12.47% 21.28% 18.48% 5/2/94
AIM Government Securities -6.21% 4.81% 3.46% 5/5/93
AIM Growth 15.36% 22.18% 17.47% 5/5/93
AIM International Equity -3.54% 9.55% 9.75% 5/5/93
AIM Global Utilities -1.53% 12.93% 10.61% 5/2/94
AIM Value 15.08% 21.47% 18.60% 5/5/93
AIM Balanced 2.96% #N/A 6.25% 5/1/98
AIM High Yield -2.36% #N/A -6.90% 5/1/98
Goldman Sachs Growth and Income -5.41% #N/A 0.69% 1/12/98
Goldman Sachs CORE U.S. Equity 7.41% #N/A 8.17% 2/13/98
Goldman Sachs CORE Large Cap Growth 10.67% #N/A 9.57% 2/13/98
Goldman Sachs CORE Small Cap Equity -7.88% #N/A -13.89% 2/13/98
Goldman Sachs Capital Growth 7.33% #N/A 7.64% 4/30/98
Goldman Sachs Mid Cap Equity -6.77% #N/A -14.49% 4/30/98
Goldman Sachs International Equity 0.73% #N/A 7.23% 1/12/98
Goldman Sachs Global Income -5.41% #N/A 0.69% 1/12/98
Neuberger & Berman Guardian 3.81% #N/A 16.61% 11/3/97
Neuberger & Berman Mid-Cap Growth 4.53% #N/A 21.91% 11/3/97
Neuberger & Berman Partners -1.32% 18.27% 15.01% 3/22/94
MFS Research Series 14.25% #N/A 18.60% 7/26/95
Templeton Stock Fund 12.12% 13.42% 11.20% 8/24/88
Templeton International 6.89% 12.92% 12.57% 5/1/92
Templeton Developing Markets 24.10% #N/A -12.02% 3/4/96
Franklin Small Cap Investments 49.25% #N/A 16.88% 5/1/98
Mutual Shares Investment Fund -0.07% #N/A -2.62% 5/1/98
Oppenheimer Main Street Growth & Income 12.75% #N/A 18.97% 7/5/95
Oppenheimer Capital Appreciation 22.74% 17.85% 8.98% 4/3/85
Oppenheimer Aggressive Growth 67.91% 20.29% 11.57% 8/15/86
Oppenheimer Strategic Bond -10.01% -1.27% -0.81% 5/3/93
Oppenheimer Global Securities 30.91% 11.23% 10.77% 11/12/90
STI Capital Appreciation 4.99% #N/A 21.87% 10/2/95
STI Value Income -5.95% #N/A 12.63% 10/2/95
Federated Prime Money Fund II -2.04% 2.92% 2.91% 11/21/94
Non-Standardized Returns
Ten Year or Inception
Fund One Year Five Year Since Inception 10 Dates
- -------------------------------------------------------------------------------------- ----------
Morgan Stanley Fixed Income -0.53% #N/A 4.87% #N/A 1/2/97
Morgan Stanley Equity Growth 14.86% #N/A 18.83% #N/A 1/2/97
Morgan Stanley Value -2.32% #N/A 4.38% #N/A 1/2/97
Morgan Stanley Mid Cap Value 4.24% #N/A 15.65% #N/A 1/2/97
Morgan Stanley U.S. Real Estate -3.52% #N/A -0.72% #N/A 3/4/97
Morgan Stanley Global Equity -1.30% #N/A 8.67% #N/A 1/2/97
Morgan Stanley International Magnum 0.89% #N/A 4.45% #N/A 1/2/97
Fidelity Growth 17.25% 19.45% 14.03% 14.28% 10/9/86
Fidelity High Income 3.99% 6.47% 7.28% 9.34% 9/20/85
Fidelity Contrafund 17.75% #N/A 21.16% #N/A 1/3/95
Fidelity Equity Income 4.78% 14.44% 11.35% 11.75% 10/23/86
MFS Emerging Growth 16.70% #N/A 20.03% #N/A 7/24/95
MFS Growth and Income 5.26% #N/A 18.59% #N/A 10/9/95
MFS New Discovery 10.26% #N/A -0.23% #N/A 4/29/98
Dreyfus Growth & Income 4.81% 19.26% 16.85% #N/A 5/2/94
Dreyfus Money Market 1.07% 3.17% 3.20% #N/A 8/31/90
Dreyfus Socially Responsible 13.36% 22.16% 18.80% #N/A 10/7/93
Dreyfus Small Company Stock 0.14% #N/A 3.32% #N/A 4/30/96
Dreyfus Stock Index 10.42% 23.44% 14.56% 14.88% 9/29/89
American Century Balanced 3.37% 11.64% 8.93% #N/A 5/1/91
American Century International 6.57% 11.32% 9.17% #N/A 5/2/94
AIM Capital Appreciation 10.66% 15.54% 14.48% #N/A 5/5/93
AIM Diversified Income -0.49% 6.94% 5.04% #N/A 5/5/93
AIM Growth and Income 17.65% 21.57% 18.75% #N/A 5/2/94
AIM Government Securities -1.04% 5.30% 3.53% #N/A 5/5/93
AIM Growth 20.54% 22.45% 17.53% #N/A 5/5/93
AIM International Equity 1.64% 9.96% 9.80% #N/A 5/5/93
AIM Global Utilities 3.64% 13.30% 10.96% #N/A 5/2/94
AIM Value 20.26% 21.75% 18.65% #N/A 5/5/93
AIM Balanced 8.14% #N/A 9.43% #N/A 5/1/98
AIM High Yield 2.81% #N/A -3.48% #N/A 5/1/98
Goldman Sachs Growth and Income -0.23% #N/A 3.43% #N/A 1/12/98
Goldman Sachs CORE U.S. Equity 12.58% #N/A 10.89% #N/A 2/13/98
Goldman Sachs CORE Large Cap Growth 15.85% #N/A 12.27% #N/A 2/13/98
Goldman Sachs CORE Small Cap Equity -2.71% #N/A -10.65% #N/A 2/13/98
Goldman Sachs Capital Growth 12.50% #N/A 10.79% #N/A 4/30/98
Goldman Sachs Mid Cap Equity -1.59% #N/A -10.91% #N/A 4/30/98
Goldman Sachs International Equity 5.90% #N/A 9.83% #N/A 1/12/98
Goldman Sachs Global Income -0.23% #N/A 3.43% #N/A 1/12/98
Neuberger & Berman Guardian 8.98% #N/A 18.43% #N/A 11/3/97
Neuberger & Berman Mid-Cap Growth 9.71% #N/A 23.65% #N/A 11/3/97
Neuberger & Berman Partners 3.86% 18.58% 15.29% #N/A 3/22/94
MFS Research Series 19.42% #N/A 19.10% #N/A 7/26/95
Templeton Stock Fund 17.29% 13.78% 11.25% 11.60% 8/24/88
Templeton International 12.07% 13.29% 12.62% #N/A 5/1/92
Templeton Developing Markets 29.27% #N/A -10.34% #N/A 3/4/96
Franklin Small Cap Investments 54.42% #N/A 19.91% #N/A 5/1/98
Mutual Shares Investment Fund 5.10% #N/A 0.71% #N/A 5/1/98
Oppenheimer Main Street Growth & Income 17.92% #N/A 19.45% #N/A 7/5/95
Oppenheimer Capital Appreciation 27.91% 18.16% 9.03% 8.72% 4/3/85
Oppenheimer Aggressive Growth 73.08% 20.59% 11.62% 11.45% 8/15/86
Oppenheimer Strategic Bond -4.84% -0.67% -0.74% #N/A 5/3/93
Oppenheimer Global Securities 36.09% 11.63% 10.83% #N/A 11/12/90
STI Capital Appreciation 10.16% #N/A 22.37% #N/A 10/2/95
STI Value -0.77% #N/A 13.25% #N/A 10/2/95
Federated Prime 3.13% 3.44% 3.44% #N/A 11/21/94
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
1yr ago: 11/30/98
Date: 11/30/99
Morgan Stanley Fixed Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
<S> <C> <C> <C> <C> <C> <C> <C>
0 INIT DEPOSIT 30-Nov-98 1000.00 10.156923 98.45501
1 FEE 30-Nov-99 0.737333 9.950112 0.07410 0.06
RESULTING VALUE 30-Nov-99 9.950112 98.38091 978.9011
1.000
FORMULA: 1000*(1+T)= 978.9011
= 927.9010866
T = -7.21% -2.11%
R = -7.21% -2.11%
Morgan Stanley Equity Growth
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.189338 98.14180
1 FEE 30-Nov-99 0.737333 13.751245 0.05362 0.06
RESULTING VALUE 30-Nov-99 13.751245 98.08818 1348.8346
1.000
FORMULA: 1000*(1+T)= 1348.8346
= 1297.834641
T = 29.78% 34.88%
R = 29.78% 34.88%
Morgan Stanley Value
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.010658 99.89353
1 FEE 30-Nov-99 0.737333 9.481541 0.07777 0.06
RESULTING VALUE 30-Nov-99 9.481541 99.81577 946.4073
1.000
FORMULA: 1000*(1+T)= 946.4073
= 895.4072998
T = -10.46% -5.36%
R = -10.46% -5.36%
Morgan Stanley Mid Cap Value
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.137697 98.64173
1 FEE 30-Nov-99 0.737333 11.976901 0.06156 0.06
RESULTING VALUE 30-Nov-99 11.976901 98.58017 1180.6849
1.000
FORMULA: 1000*(1+T)= 1180.6849
= 1129.684936
T = 12.97% 18.07%
R = 12.97% 18.07%
Morgan Stanley U.S. Real Estate
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.084796 99.15917
1 FEE 30-Nov-99 0.737333 9.514306 0.07750 0.06
RESULTING VALUE 30-Nov-99 9.514306 99.08167 942.6934
1.000
FORMULA: 1000*(1+T)= 942.6934
= 891.6933518
T = -10.83% -5.73%
R = -10.83% -5.73%
Morgan Stanley Global Equity
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.158772 98.43709
1 FEE 30-Nov-99 0.737333 10.520175 0.07009 0.06
RESULTING VALUE 30-Nov-99 10.520175 98.36701 1034.8381
1.000
FORMULA: 1000*(1+T)= 1034.8381
= 983.8381279
T = -1.62% 3.48%
R = -1.62% 3.48%
Morgan Stanley International Magnum
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.270231 97.36879
1 FEE 30-Nov-99 0.737333 12.004204 0.06142 0.06
RESULTING VALUE 30-Nov-99 12.004204 97.30737 1168.0975
1.000
FORMULA: 1000*(1+T)= 1168.0975
= 1117.097525
T = 11.71% 16.81%
R = 11.71% 16.81%
Fidelity Growth
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.333344 96.77409
1 FEE 30-Nov-99 0.737333 13.840256 0.05327 0.06
RESULTING VALUE 30-Nov-99 13.840256 96.72082 1338.6409
1.000
FORMULA: 1000*(1+T)= 1338.6409
= 1287.640897
T = 28.76% 33.86%
R = 28.76% 33.86%
Fidelity High Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.509841 95.14892
1 FEE 30-Nov-99 0.737333 10.922278 0.06751 0.06
RESULTING VALUE 30-Nov-99 10.922278 95.08141 1038.5056
1.000
FORMULA: 1000*(1+T)= 1038.5056
= 987.5056009
T = -1.25% 3.85%
R = -1.25% 3.85%
Fidelity Contrafund
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.408995 96.07075
1 FEE 30-Nov-99 0.737333 13.169920 0.05599 0.06
RESULTING VALUE 30-Nov-99 13.169920 96.01477 1264.5068
1.000
FORMULA: 1000*(1+T)= 1264.5068
= 1213.506814
T = 21.35% 26.45%
R = 21.35% 26.45%
MFS Emerging Growth
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.578626 94.53023
1 FEE 30-Nov-99 0.737333 16.370060 0.04504 0.06
RESULTING VALUE 30-Nov-99 16.370060 94.48519 1546.7283
1.000
FORMULA: 1000*(1+T)= 1546.7283
= 1495.728283
T = 49.57% 54.67%
R = 49.57% 54.67%
MFS Growth and Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.327231 96.83138
1 FEE 30-Nov-99 0.737333 10.874100 0.06781 0.06
RESULTING VALUE 30-Nov-99 10.874100 96.76357 1052.2167
1.000
FORMULA: 1000*(1+T)= 1052.2167
= 1001.216745
T = 0.12% 5.22%
R = 0.12% 5.22%
MFS New Discovery
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.160693 98.41848
1 FEE 30-Nov-99 0.737333 15.946902 0.04624 0.06
RESULTING VALUE 30-Nov-99 15.946902 98.37225 1568.7326
1.000
FORMULA: 1000*(1+T)= 1568.7326
= 1517.732584
T = 51.77% 56.87%
R = 51.77% 56.87%
Dreyfus Growth and Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.233688 97.71648
1 FEE 30-Nov-99 0.737333 11.789363 0.06254 0.06
RESULTING VALUE 30-Nov-99 11.789363 97.65394 1151.2778
1.000
FORMULA: 1000*(1+T)= 1151.2778
= 1100.277756
T = 10.03% 15.13%
R = 10.03% 15.13%
Dreyfus Money Market
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.019271 99.80766
1 FEE 30-Nov-99 0.737333 10.373153 0.07108 0.06
RESULTING VALUE 30-Nov-99 10.373153 99.73658 1034.5828
1.000
FORMULA: 1000*(1+T)= 1034.5828
= 983.5828012
T = -1.64% 3.46%
R = -1.64% 3.46%
Dreyfus Socially Responsible
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.386187 96.28172
1 FEE 30-Nov-99 0.737333 13.278856 0.05553 0.06
RESULTING VALUE 30-Nov-99 13.278856 96.22620 1277.7738
1.000
FORMULA: 1000*(1+T)= 1277.7738
= 1226.773828
T = 22.68% 27.78%
R = 22.68% 27.78%
Dreyfus Small Company
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 9.972212 100.27865
1 FEE 30-Nov-99 0.737333 10.860872 0.06789 0.06
RESULTING VALUE 30-Nov-99 10.860872 100.21077 1088.3763
1.000
FORMULA: 1000*(1+T)= 1088.3763
= 1037.376296
T = 3.74% 8.84%
R = 3.74% 8.84%
American Century Balanced
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.184350 98.18987
1 FEE 30-Nov-99 0.737333 11.106607 0.06639 0.06
RESULTING VALUE 30-Nov-99 11.106607 98.12348 1089.8190
1.000
FORMULA: 1000*(1+T)= 1089.8190
= 1038.818961
T = 3.88% 8.98%
R = 3.88% 8.98%
American Century International
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.426026 95.91382
1 FEE 30-Nov-99 0.737333 14.754925 0.04997 0.06
RESULTING VALUE 30-Nov-99 14.754925 95.86385 1414.4639
1.000
FORMULA: 1000*(1+T)= 1414.4639
= 1363.463914
T = 36.35% 41.45%
R = 36.35% 41.45%
Fidelity Equity Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.175016 98.27994
1 FEE 30-Nov-99 0.737333 10.917959 0.06753 0.06
RESULTING VALUE 30-Nov-99 10.917959 98.21241 1072.2791
1.000
FORMULA: 1000*(1+T)= 1072.2791
= 1021.279063
T = 2.13% 7.23%
R = 2.13% 7.23%
Dreyfus Stock Index
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.293701 97.14679
1 FEE 30-Nov-99 0.737333 12.264621 0.06012 0.06
RESULTING VALUE 30-Nov-99 12.264621 97.08667 1190.7312
1.000
FORMULA: 1000*(1+T)= 1190.7312
= 1139.731216
T = 13.97% 19.07%
R = 13.97% 19.07%
AIM Capital Appreciation
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.226414 97.78599
1 FEE 30-Nov-99 0.737333 13.990167 0.05270 0.06
RESULTING VALUE 30-Nov-99 13.990167 97.73328 1367.3050
1.000
FORMULA: 1000*(1+T)= 1367.3050
= 1316.304974
T = 31.63% 36.73%
R = 31.63% 36.73%
AIM Diversified Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.247171 97.58791
1 FEE 30-Nov-99 0.737333 9.885397 0.07459 0.06
RESULTING VALUE 30-Nov-99 9.885397 97.51332 963.9579
1.000
FORMULA: 1000*(1+T)= 963.9579
= 912.9578981
T = -8.70% -3.60%
R = -8.70% -3.60%
AIM Growth and Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.423176 95.94005
1 FEE 30-Nov-99 0.737333 13.522711 0.05453 0.06
RESULTING VALUE 30-Nov-99 13.522711 95.88552 1296.6322
1.000
FORMULA: 1000*(1+T)= 1296.6322
= 1245.632202
T = 24.56% 29.66%
R = 24.56% 29.66%
AIM Government Securities
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.090159 99.10647
1 FEE 30-Nov-99 0.737333 9.898162 0.07449 0.06
RESULTING VALUE 30-Nov-99 9.898162 99.03197 980.2345
1.000
FORMULA: 1000*(1+T)= 980.2345
= 929.2345224
T = -7.08% -1.98%
R = -7.08% -1.98%
AIM Growth
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.487731 95.34951
1 FEE 30-Nov-99 0.737333 14.376483 0.05129 0.06
RESULTING VALUE 30-Nov-99 14.376483 95.29822 1370.0533
1.000
FORMULA: 1000*(1+T)= 1370.0533
= 1319.05326
T = 31.91% 37.01%
R = 31.91% 37.01%
AIM International Equity
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.328683 96.81776
1 FEE 30-Nov-99 0.737333 13.982616 0.05273 0.06
RESULTING VALUE 30-Nov-99 13.982616 96.76503 1353.0283
1.000
FORMULA: 1000*(1+T)= 1353.0283
= 1302.028292
T = 30.20% 35.30%
R = 30.20% 35.30%
AIM Global Utilities
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.090063 99.10741
1 FEE 30-Nov-99 0.737333 12.874479 0.05727 0.06
RESULTING VALUE 30-Nov-99 12.874479 99.05014 1275.2189
1.000
FORMULA: 1000*(1+T)= 1275.2189
= 1224.218922
T = 22.42% 27.52%
R = 22.42% 27.52%
AIM Value
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.390796 96.23902
1 FEE 30-Nov-99 0.737333 13.964331 0.05280 0.06
RESULTING VALUE 30-Nov-99 13.964331 96.18622 1343.1762
1.000
FORMULA: 1000*(1+T)= 1343.1762
= 1292.176165
T = 29.22% 34.32%
R = 29.22% 34.32%
AIM Balanced
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.221603 97.83201
1 FEE 30-Nov-99 0.737333 11.873202 0.06210 0.06
RESULTING VALUE 30-Nov-99 11.873202 97.76991 1160.8419
1.000
FORMULA: 1000*(1+T)= 1160.8419
= 1109.841922
T = 10.98% 16.08%
R = 10.98% 16.08%
AIM High Yield
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.373465 96.39980
1 FEE 30-Nov-99 0.737333 10.960590 0.06727 0.06
RESULTING VALUE 30-Nov-99 10.960590 96.33253 1055.8614
1.000
FORMULA: 1000*(1+T)= 1055.8614
= 1004.861402
T = 0.49% 5.59%
R = 0.49% 5.59%
Goldman Sachs Growth and Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.143530 98.58501
1 FEE 30-Nov-99 0.737333 9.942586 0.07416 0.06
RESULTING VALUE 30-Nov-99 9.942586 98.51085 979.4526
1.000
FORMULA: 1000*(1+T)= 979.4526
= 928.4526005
T = -7.15% -2.05%
R = -7.15% -2.05%
Goldman Sachs CORE U.S. Equity
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.337345 96.73664
1 FEE 30-Nov-99 0.737333 12.686348 0.05812 0.06
RESULTING VALUE 30-Nov-99 12.686348 96.67852 1226.4973
1.000
FORMULA: 1000*(1+T)= 1226.4973
= 1175.497319
T = 17.55% 22.65%
R = 17.55% 22.65%
Goldman Sachs CORE Large Cap Growth
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.409799 96.06333
1 FEE 30-Nov-99 0.737333 13.682406 0.05389 0.06
RESULTING VALUE 30-Nov-99 13.682406 96.00945 1313.6402
1.000
FORMULA: 1000*(1+T)= 1313.6402
= 1262.640206
T = 26.26% 31.36%
R = 26.26% 31.36%
Goldman Sachs CORE Small Cap Equity
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 9.981644 100.18390
1 FEE 30-Nov-99 0.737333 11.169583 0.06601 0.06
RESULTING VALUE 30-Nov-99 11.169583 100.11788 1118.2750
1.000
FORMULA: 1000*(1+T)= 1118.2750
= 1067.275026
T = 6.73% 11.83%
R = 6.73% 11.83%
Goldman Sachs Capital Growth
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.356976 96.55328
1 FEE 30-Nov-99 0.737333 12.925143 0.05705 0.06
RESULTING VALUE 30-Nov-99 12.925143 96.49623 1247.2276
1.000
FORMULA: 1000*(1+T)= 1247.2276
= 1196.227613
T = 19.62% 24.72%
R = 19.62% 24.72%
Goldman Sachs Mid Cap Equity
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 9.946739 100.53546
1 FEE 30-Nov-99 0.737333 9.755200 0.07558 0.06
RESULTING VALUE 30-Nov-99 9.755200 100.45988 980.0062
1.000
FORMULA: 1000*(1+T)= 980.0062
= 929.0062048
T = -7.10% -2.00%
R = -7.10% -2.00%
Goldman Sachs International Equity
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.394613 96.20368
1 FEE 30-Nov-99 0.737333 13.049440 0.05650 0.06
RESULTING VALUE 30-Nov-99 13.049440 96.14717 1254.6668
1.000
FORMULA: 1000*(1+T)= 1254.6668
= 1203.666788
T = 20.37% 25.47%
R = 20.37% 25.47%
Goldman Sachs Global Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.143530 98.58501
1 FEE 30-Nov-99 0.737333 9.942586 0.07416 0.06
RESULTING VALUE 30-Nov-99 9.942586 98.51085 979.4526
1.000
FORMULA: 1000*(1+T)= 979.4526
= 928.4526005
T = -7.15% -2.05%
R = -7.15% -2.05%
Neuberger & Berman AMT Guardian
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.329643 96.80877
1 FEE 30-Nov-99 0.737333 11.869555 0.06212 0.06
RESULTING VALUE 30-Nov-99 11.869555 96.74665 1148.3396
1.000
FORMULA: 1000*(1+T)= 1148.3396
= 1097.339648
T = 9.73% 14.83%
R = 9.73% 14.83%
Neuberger & Berman AMT Mid-Cap Growth
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.682101 93.61454
1 FEE 30-Nov-99 0.737333 15.332106 0.04809 0.06
RESULTING VALUE 30-Nov-99 15.332106 93.56645 1434.5708
1.000
FORMULA: 1000*(1+T)= 1434.5708
= 1383.570758
T = 38.36% 43.46%
R = 38.36% 43.46%
Neuberger & Berman AMT Partners
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.080616 99.20029
1 FEE 30-Nov-99 0.737333 10.591905 0.06961 0.06
RESULTING VALUE 30-Nov-99 10.591905 99.13067 1049.9827
1.000
FORMULA: 1000*(1+T)= 1049.9827
= 998.9826821
T = -0.10% 5.00%
R = -0.10% 5.00%
MFS Research Series
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 8.355495 119.68172
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 119.60799 1196.0799
1.000
FORMULA: 1000*(1+T)= 1196.0799
= 1145.079851
T = 14.51% 19.61%
R = 14.51% 19.61%
Templeton Stock Fund
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 8.507232 117.54705
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 117.47331 1174.7331
1.000
FORMULA: 1000*(1+T)= 1174.7331
= 1123.733137
T = 12.37% 17.47%
R = 12.37% 17.47%
Templeton International
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 8.903851 112.31095
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 112.23722 1122.3722
1.000
FORMULA: 1000*(1+T)= 1122.3722
= 1071.372207
T = 7.14% 12.24%
R = 7.14% 12.24%
Templeton Developing Markets
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 7.718754 129.55459
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 129.48086 1294.8086
1.000
FORMULA: 1000*(1+T)= 1294.8086
= 1243.808554
T = 24.38% 29.48%
R = 24.38% 29.48%
Franklin Small Cap Investments
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 6.461462 154.76374
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 154.69000 1546.9000
1.000
FORMULA: 1000*(1+T)= 1546.9000
= 1495.900028
T = 49.59% 54.69%
R = 49.59% 54.69%
Mutual Shares Investment Fund
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 9.493471 105.33555
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 105.26182 1052.6182
1.000
FORMULA: 1000*(1+T)= 1052.6182
= 1001.618178
T = 0.16% 5.26%
R = 0.16% 5.26%
Oppenheimer Main Street Growth & Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 8.461554 118.18160
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 118.10787 1181.0787
1.000
FORMULA: 1000*(1+T)= 1181.0787
= 1130.078678
T = 13.01% 18.11%
R = 13.01% 18.11%
Oppenheimer Capital Appreciation
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 7.800542 128.19622
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 128.12249 1281.2249
1.000
FORMULA: 1000*(1+T)= 1281.2249
= 1230.224869
T = 23.02% 28.12%
R = 23.02% 28.12%
Oppenheimer Aggressive Growth
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 5.764972 173.46138
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 173.38765 1733.8765
1.000
FORMULA: 1000*(1+T)= 1733.8765
= 1682.876469
T = 68.29% 73.39%
R = 68.29% 73.39%
Oppenheimer Strategic Bond
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.485015 95.37421
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 95.30047 953.0047
1.000
FORMULA: 1000*(1+T)= 953.0047
= 902.0047452
T = -9.80% -4.70%
R = -9.80% -4.70%
Oppenheimer Global Securities
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 7.332060 136.38732
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 136.31358 1363.1358
1.000
FORMULA: 1000*(1+T)= 1363.1358
= 1312.135848
T = 31.21% 36.31%
R = 31.21% 36.31%
STI Capital Appreciation
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 9.057467 110.40614
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 110.33241 1103.3241
1.000
FORMULA: 1000*(1+T)= 1103.3241
= 1052.3241
T = 5.23% 10.33%
R = 5.23% 10.33%
STI Value Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.055638 99.44670
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 99.37297 993.7297
1.000
FORMULA: 1000*(1+T)= 993.7297
= 942.7296512
T = -5.73% -0.63%
R = -5.73% -0.63%
Federated Prime Money Fund II
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 9.674815 103.36115
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 103.28742 1032.8742
1.000
FORMULA: 1000*(1+T)= 1032.8742
= 981.874162
T = -1.81% 3.29%
R = -1.81% 3.29%
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
5 yrs ago: 11/30/94
4 years Ago: 11/30/95
3 yrs ago: 11/29/96
2 Years ago: 11/28/97
1 Year Ago: 11/30/98
Date: 11/30/99
Morgan Stanley Fixed Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
<S> <C> <C> <C> <C> <C> <C> <C>
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 9.443771 0.07808
4 FEE 30-Nov-98 0.737333 10.156923 0.07259
5 FEE 30-Nov-99 0.737333 9.950112 0.07410 0.03
RESULTING VALUE 30-Nov-99 9.950112 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Morgan Stanley Equity Growth
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 8.877580 0.08306
4 FEE 30-Nov-98 0.737333 10.189338 0.07236
5 FEE 30-Nov-99 0.737333 13.751245 0.05362 0.03
RESULTING VALUE 30-Nov-99 13.751245 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Morgan Stanley Value
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 10.201204 0.07228
4 FEE 30-Nov-98 0.737333 10.010658 0.07365
5 FEE 30-Nov-99 0.737333 9.481541 0.07777 0.03
RESULTING VALUE 30-Nov-99 9.481541 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Morgan Stanley Mid Cap Value
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 9.486812 0.07772
4 FEE 30-Nov-98 0.737333 10.137697 0.07273
5 FEE 30-Nov-99 0.737333 11.976901 0.06156 0.03
RESULTING VALUE 30-Nov-99 11.976901 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Morgan Stanley U.S. Real Estate
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 11.252985 0.06552
4 FEE 30-Nov-98 0.737333 10.084796 0.07311
5 FEE 30-Nov-99 0.737333 9.514306 0.07750 0.03
RESULTING VALUE 30-Nov-99 9.514306 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Morgan Stanley Global Equity
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 9.085282 0.08116
4 FEE 30-Nov-98 0.737333 10.158772 0.07258
5 FEE 30-Nov-99 0.737333 10.520175 0.07009 0.03
RESULTING VALUE 30-Nov-99 10.520175 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Morgan Stanley International Magnum
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 9.717050 0.07588
4 FEE 30-Nov-98 0.737333 10.270231 0.07179
5 FEE 30-Nov-99 0.737333 12.004204 0.06142 0.03
RESULTING VALUE 30-Nov-99 12.004204 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Fidelity Growth
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 4.938225 202.50191
1 FEE 30-Nov-95 0.737333 6.995157 0.10541
2 FEE 29-Nov-96 0.737333 7.929255 0.09299
3 FEE 28-Nov-97 0.737333 9.361037 0.07877
4 FEE 30-Nov-98 0.737333 10.333344 0.07135
5 FEE 30-Nov-99 0.737333 13.840256 0.05327 0.03
RESULTING VALUE 30-Nov-99 13.840256 202.10012 2797.1174
5.000
FORMULA: 1000*(1+T)= 2797.1174
= 2771.617403
T = 22.62% 22.84%
R = 177.16% 179.71%
Fidelity High Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 7.916637 126.31626
1 FEE 30-Nov-95 0.737333 9.381294 0.07860
2 FEE 29-Nov-96 0.737333 10.554788 0.06986
3 FEE 28-Nov-97 0.737333 12.309442 0.05990
4 FEE 30-Nov-98 0.737333 10.509841 0.07016
5 FEE 30-Nov-99 0.737333 10.922278 0.06751 0.03
RESULTING VALUE 30-Nov-99 10.922278 125.97025 1375.8820
5.000
FORMULA: 1000*(1+T)= 1375.8820
= 1350.38204
T = 6.19% 6.59%
R = 35.04% 37.59%
Fidelity Contrafund
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 6.518050 0.11312
2 FEE 29-Nov-96 0.737333 7.898974 0.09335
3 FEE 28-Nov-97 0.737333 9.462003 0.07793
4 FEE 30-Nov-98 0.737333 10.408995 0.07084
5 FEE 30-Nov-99 0.737333 13.169920 0.05599 0.03
RESULTING VALUE 30-Nov-99 13.169920 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
MFS Emerging Growth
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 6.443758 0.11443
2 FEE 29-Nov-96 0.737333 7.833455 0.09413
3 FEE 28-Nov-97 0.737333 9.112592 0.08091
4 FEE 30-Nov-98 0.737333 10.578626 0.06970
5 FEE 30-Nov-99 0.737333 16.370060 0.04504 0.03
RESULTING VALUE 30-Nov-99 16.370060 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
MFS Growth and Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 5.558463 0.13265
2 FEE 29-Nov-96 0.737333 7.071817 0.10426
3 FEE 28-Nov-97 0.737333 8.802660 0.08376
4 FEE 30-Nov-98 0.737333 10.327231 0.07140
5 FEE 30-Nov-99 0.737333 10.874100 0.06781 0.03
RESULTING VALUE 30-Nov-99 10.874100 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
MFS New Discovery
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 10.160693 0.07257
5 FEE 30-Nov-99 0.737333 15.946902 0.04624 0.03
RESULTING VALUE 30-Nov-99 15.946902 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Dreyfus Growth and Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 4.407537 226.88409
1 FEE 30-Nov-95 0.737333 6.663418 0.11065
2 FEE 29-Nov-96 0.737333 8.207413 0.08984
3 FEE 28-Nov-97 0.737333 9.461828 0.07793
4 FEE 30-Nov-98 0.737333 10.233688 0.07205
5 FEE 30-Nov-99 0.737333 11.789363 0.06254 0.03
RESULTING VALUE 30-Nov-99 11.789363 226.47107 2669.9497
5.000
FORMULA: 1000*(1+T)= 2669.9497
= 2644.449708
T = 21.47% 21.70%
R = 164.44% 166.99%
Dreyfus Money Market
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 8.586172 116.46634
1 FEE 30-Nov-95 0.737333 8.973266 0.08217
2 FEE 29-Nov-96 0.737333 9.293906 0.07934
3 FEE 28-Nov-97 0.737333 9.668940 0.07626
4 FEE 30-Nov-98 0.737333 10.019271 0.07359
5 FEE 30-Nov-99 0.737333 10.373153 0.07108 0.03
RESULTING VALUE 30-Nov-99 10.373153 116.08390 1204.1561
5.000
FORMULA: 1000*(1+T)= 1204.1561
= 1178.656068
T = 3.34% 3.79%
R = 17.87% 20.42%
Dreyfus Socially Responsible
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 4.290761 233.05889
1 FEE 30-Nov-95 0.737333 5.776578 0.12764
2 FEE 29-Nov-96 0.737333 6.757866 0.10911
3 FEE 28-Nov-97 0.737333 8.578607 0.08595
4 FEE 30-Nov-98 0.737333 10.386187 0.07099
5 FEE 30-Nov-99 0.737333 13.278856 0.05553 0.03
RESULTING VALUE 30-Nov-99 13.278856 232.60967 3088.7903
5.000
FORMULA: 1000*(1+T)= 3088.7903
= 3063.290349
T = 25.09% 25.30%
R = 206.33% 208.88%
Dreyfus Small Company
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 8.908797 0.08276
3 FEE 28-Nov-97 0.737333 11.376034 0.06481
4 FEE 30-Nov-98 0.737333 9.972212 0.07394
5 FEE 30-Nov-99 0.737333 10.860872 0.06789 0.03
RESULTING VALUE 30-Nov-99 10.860872 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
American Century Balanced
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 6.018437 166.15610
1 FEE 30-Nov-95 0.737333 7.225178 0.10205
2 FEE 29-Nov-96 0.737333 8.307659 0.08875
3 FEE 28-Nov-97 0.737333 9.131036 0.08075
4 FEE 30-Nov-98 0.737333 10.184350 0.07240
5 FEE 30-Nov-99 0.737333 11.106607 0.06639 0.03
RESULTING VALUE 30-Nov-99 11.106607 165.74576 1840.8730
5.000
FORMULA: 1000*(1+T)= 1840.8730
= 1815.372983
T = 12.67% 12.98%
R = 81.54% 84.09%
American Century International
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 6.441632 155.24016
1 FEE 30-Nov-95 0.737333 6.818105 0.10814
2 FEE 29-Nov-96 0.737333 7.820209 0.09429
3 FEE 28-Nov-97 0.737333 9.045466 0.08151
4 FEE 30-Nov-98 0.737333 10.426026 0.07072
5 FEE 30-Nov-99 0.737333 14.754925 0.04997 0.03
RESULTING VALUE 30-Nov-99 14.754925 154.83553 2284.5866
5.000
FORMULA: 1000*(1+T)= 2284.5866
= 2259.086589
T = 17.70% 17.97%
R = 125.91% 128.46%
Fidelity Equity Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 5.384769 185.70899
1 FEE 30-Nov-95 0.737333 7.009366 0.10519
2 FEE 29-Nov-96 0.737333 8.274306 0.08911
3 FEE 28-Nov-97 0.737333 9.925835 0.07428
4 FEE 30-Nov-98 0.737333 10.175016 0.07247
5 FEE 30-Nov-99 0.737333 10.917959 0.06753 0.03
RESULTING VALUE 30-Nov-99 10.917959 185.30040 2023.1022
5.000
FORMULA: 1000*(1+T)= 2023.1022
= 1997.602176
T = 14.84% 15.13%
R = 99.76% 102.31%
Dreyfus Stock Index
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 3.931475 254.35746
1 FEE 30-Nov-95 0.737333 5.297679 0.13918
2 FEE 29-Nov-96 0.737333 6.671145 0.11053
3 FEE 28-Nov-97 0.737333 8.447456 0.08728
4 FEE 30-Nov-98 0.737333 10.293701 0.07163
5 FEE 30-Nov-99 0.737333 12.264621 0.06012 0.03
RESULTING VALUE 30-Nov-99 12.264621 253.88872 3113.8490
5.000
FORMULA: 1000*(1+T)= 3113.8490
= 3088.348952
T = 25.30% 25.50%
R = 208.83% 211.38%
AIM Capital Appreciation
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 5.448628 183.53244
1 FEE 30-Nov-95 0.737333 7.625438 0.09669
2 FEE 29-Nov-96 0.737333 8.811600 0.08368
3 FEE 28-Nov-97 0.737333 9.764072 0.07551
4 FEE 30-Nov-98 0.737333 10.226414 0.07210
5 FEE 30-Nov-99 0.737333 13.990167 0.05270 0.03
RESULTING VALUE 30-Nov-99 13.990167 183.15175 2562.3236
5.000
FORMULA: 1000*(1+T)= 2562.3236
= 2536.823577
T = 20.46% 20.71%
R = 153.68% 156.23%
AIM Diversified Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 7.225525 138.39825
1 FEE 30-Nov-95 0.737333 8.362864 0.08817
2 FEE 29-Nov-96 0.737333 9.225668 0.07992
3 FEE 28-Nov-97 0.737333 9.888357 0.07457
4 FEE 30-Nov-98 0.737333 10.247171 0.07195
5 FEE 30-Nov-99 0.737333 9.885397 0.07459 0.03
RESULTING VALUE 30-Nov-99 9.885397 138.00905 1364.2742
5.000
FORMULA: 1000*(1+T)= 1364.2742
= 1338.774245
T = 6.01% 6.41%
R = 33.88% 36.43%
AIM Growth and Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 4.578059 218.43318
1 FEE 30-Nov-95 0.737333 6.147721 0.11994
2 FEE 29-Nov-96 0.737333 7.330472 0.10058
3 FEE 28-Nov-97 0.737333 8.974600 0.08216
4 FEE 30-Nov-98 0.737333 10.423176 0.07074
5 FEE 30-Nov-99 0.737333 13.522711 0.05453 0.03
RESULTING VALUE 30-Nov-99 13.522711 218.00524 2948.0218
5.000
FORMULA: 1000*(1+T)= 2948.0218
= 2922.521846
T = 23.92% 24.14%
R = 192.25% 194.80%
AIM Government Securities
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 7.646188 130.78412
1 FEE 30-Nov-95 0.737333 8.677563 0.08497
2 FEE 29-Nov-96 0.737333 8.954940 0.08234
3 FEE 28-Nov-97 0.737333 9.393226 0.07850
4 FEE 30-Nov-98 0.737333 10.090159 0.07307
5 FEE 30-Nov-99 0.737333 9.898162 0.07449 0.03
RESULTING VALUE 30-Nov-99 9.898162 130.39075 1290.6288
5.000
FORMULA: 1000*(1+T)= 1290.6288
= 1265.128797
T = 4.82% 5.24%
R = 26.51% 29.06%
AIM Growth
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 4.551530 219.70634
1 FEE 30-Nov-95 0.737333 6.199648 0.11893
2 FEE 29-Nov-96 0.737333 7.289024 0.10116
3 FEE 28-Nov-97 0.737333 8.866055 0.08316
4 FEE 30-Nov-98 0.737333 10.487731 0.07030
5 FEE 30-Nov-99 0.737333 14.376483 0.05129 0.03
RESULTING VALUE 30-Nov-99 14.376483 219.28150 3152.4967
5.000
FORMULA: 1000*(1+T)= 3152.4967
= 3126.996712
T = 25.61% 25.81%
R = 212.70% 215.25%
AIM International Equity
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 6.472978 154.48840
1 FEE 30-Nov-95 0.737333 7.249627 0.10171
2 FEE 29-Nov-96 0.737333 8.734927 0.08441
3 FEE 28-Nov-97 0.737333 9.282800 0.07943
4 FEE 30-Nov-98 0.737333 10.328683 0.07139
5 FEE 30-Nov-99 0.737333 13.982616 0.05273 0.03
RESULTING VALUE 30-Nov-99 13.982616 154.09873 2154.7034
5.000
FORMULA: 1000*(1+T)= 2154.7034
= 2129.203369
T = 16.32% 16.59%
R = 112.92% 115.47%
AIM Global Utilities
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 5.552919 180.08546
1 FEE 30-Nov-95 0.737333 6.721493 0.10970
2 FEE 29-Nov-96 0.737333 7.682251 0.09598
3 FEE 28-Nov-97 0.737333 8.969644 0.08220
4 FEE 30-Nov-98 0.737333 10.090063 0.07308
5 FEE 30-Nov-99 0.737333 12.874479 0.05727 0.03
RESULTING VALUE 30-Nov-99 12.874479 179.66724 2313.1221
5.000
FORMULA: 1000*(1+T)= 2313.1221
= 2287.622095
T = 18.00% 18.26%
R = 128.76% 131.31%
AIM Value
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 4.630596 215.95492
1 FEE 30-Nov-95 0.737333 6.473848 0.11389
2 FEE 29-Nov-96 0.737333 7.185175 0.10262
3 FEE 28-Nov-97 0.737333 8.757253 0.08420
4 FEE 30-Nov-98 0.737333 10.390796 0.07096
5 FEE 30-Nov-99 0.737333 13.964331 0.05280 0.03
RESULTING VALUE 30-Nov-99 13.964331 215.53045 3009.7386
5.000
FORMULA: 1000*(1+T)= 3009.7386
= 2984.238562
T = 24.44% 24.65%
R = 198.42% 200.97%
AIM Balanced
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 10.221603 0.07213
5 FEE 30-Nov-99 0.737333 11.873202 0.06210 0.03
RESULTING VALUE 30-Nov-99 11.873202 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
AIM High Yield
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 10.373465 0.07108
5 FEE 30-Nov-99 0.737333 10.960590 0.06727 0.03
RESULTING VALUE 30-Nov-99 10.960590 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Goldman Sachs Growth and Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 10.143530 0.07269
5 FEE 30-Nov-99 0.737333 9.942586 0.07416 0.03
RESULTING VALUE 30-Nov-99 9.942586 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Goldman Sachs CORE U.S. Equity
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 10.337345 0.07133
5 FEE 30-Nov-99 0.737333 12.686348 0.05812 0.03
RESULTING VALUE 30-Nov-99 12.686348 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Goldman Sachs CORE Large Cap Growth
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 10.409799 0.07083
5 FEE 30-Nov-99 0.737333 13.682406 0.05389 0.03
RESULTING VALUE 30-Nov-99 13.682406 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Goldman Sachs CORE Small Cap Equity
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 9.981644 0.07387
5 FEE 30-Nov-99 0.737333 11.169583 0.06601 0.03
RESULTING VALUE 30-Nov-99 11.169583 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Goldman Sachs Capital Growth
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 10.356976 0.07119
5 FEE 30-Nov-99 0.737333 12.925143 0.05705 0.03
RESULTING VALUE 30-Nov-99 12.925143 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Goldman Sachs Mid Cap Equity
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 9.946739 0.07413
5 FEE 30-Nov-99 0.737333 9.755200 0.07558 0.03
RESULTING VALUE 30-Nov-99 9.755200 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Goldman Sachs International Equity
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 10.394613 0.07093
5 FEE 30-Nov-99 0.737333 13.049440 0.05650 0.03
RESULTING VALUE 30-Nov-99 13.049440 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Goldman Sachs Global Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 10.143530 0.07269
5 FEE 30-Nov-99 0.737333 9.942586 0.07416 0.03
RESULTING VALUE 30-Nov-99 9.942586 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Neuberger & Berman AMT Guardian
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 8.038225 0.09173
4 FEE 30-Nov-98 0.737333 10.329643 0.07138
5 FEE 30-Nov-99 0.737333 11.869555 0.06212 0.03
RESULTING VALUE 30-Nov-99 11.869555 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Neuberger & Berman AMT Mid-Cap Growth
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 8.382204 0.08796
4 FEE 30-Nov-98 0.737333 10.682101 0.06903
5 FEE 30-Nov-99 0.737333 15.332106 0.04809 0.03
RESULTING VALUE 30-Nov-99 15.332106 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Neuberger & Berman AMT Partners
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 4.426852 225.89416
1 FEE 30-Nov-95 0.737333 5.945859 0.12401
2 FEE 29-Nov-96 0.737333 7.707250 0.09567
3 FEE 28-Nov-97 0.737333 9.858292 0.07479
4 FEE 30-Nov-98 0.737333 10.080616 0.07314
5 FEE 30-Nov-99 0.737333 10.591905 0.06961 0.03
RESULTING VALUE 30-Nov-99 10.591905 225.45693 2388.0184
5.000
FORMULA: 1000*(1+T)= 2388.0184
= 2362.518401
T = 18.76% 19.02%
R = 136.25% 138.80%
MFS Research Series
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 4.988436 0.14781
2 FEE 29-Nov-96 0.737333 6.279416 0.11742
3 FEE 28-Nov-97 0.737333 7.325958 0.10065
4 FEE 30-Nov-98 0.737333 8.355495 0.08825
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Templeton Stock Fund
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 5.187786 192.76046
1 FEE 30-Nov-95 0.737333 6.177771 0.11935
2 FEE 29-Nov-96 0.737333 7.149999 0.10312
3 FEE 28-Nov-97 0.737333 8.511319 0.08663
4 FEE 30-Nov-98 0.737333 8.507232 0.08667
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 192.29095 1922.9095
5.000
FORMULA: 1000*(1+T)= 1922.9095
= 1897.409463
T = 13.67% 13.97%
R = 89.74% 92.29%
Templeton International
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 5.301547 188.62419
1 FEE 30-Nov-95 0.737333 5.842168 0.12621
2 FEE 29-Nov-96 0.737333 6.838714 0.10782
3 FEE 28-Nov-97 0.737333 8.239720 0.08949
4 FEE 30-Nov-98 0.737333 8.903851 0.08281
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 188.14413 1881.4413
5.000
FORMULA: 1000*(1+T)= 1881.4413
= 1855.941327
T = 13.17% 13.47%
R = 85.59% 88.14%
Templeton Developing Markets
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 13.528095 0.05450
3 FEE 28-Nov-97 0.737333 11.502238 0.06410
4 FEE 30-Nov-98 0.737333 7.718754 0.09552
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Franklin Small Cap Investments
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 6.461462 0.11411
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Mutual Shares Investment Fund
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 9.493471 0.07767
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Oppenheimer Main Street Growth & Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 5.564134 0.13252
2 FEE 29-Nov-96 0.737333 7.362507 0.10015
3 FEE 28-Nov-97 0.737333 8.872608 0.08310
4 FEE 30-Nov-98 0.737333 8.461554 0.08714
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Oppenheimer Capital Appreciation
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 4.293692 232.89980
1 FEE 30-Nov-95 0.737333 5.702160 0.12931
2 FEE 29-Nov-96 0.737333 6.596148 0.11178
3 FEE 28-Nov-97 0.737333 7.643597 0.09646
4 FEE 30-Nov-98 0.737333 7.800542 0.09452
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 232.39399 2323.9399
5.000
FORMULA: 1000*(1+T)= 2323.9399
= 2298.439871
T = 18.11% 18.37%
R = 129.84% 132.39%
Oppenheimer Aggressive Growth
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 3.878441 257.83556
1 FEE 30-Nov-95 0.737333 5.052489 0.14593
2 FEE 29-Nov-96 0.737333 5.770321 0.12778
3 FEE 28-Nov-97 0.737333 6.103411 0.12081
4 FEE 30-Nov-98 0.737333 5.764972 0.12790
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 257.23940 2572.3940
5.000
FORMULA: 1000*(1+T)= 2572.3940
= 2546.894042
T = 20.56% 20.80%
R = 154.69% 157.24%
Oppenheimer Strategic Bond
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 10.226626 97.78396
1 FEE 30-Nov-95 0.737333 10.428298 0.07071
2 FEE 29-Nov-96 0.737333 10.897273 0.06766
3 FEE 28-Nov-97 0.737333 10.731516 0.06871
4 FEE 30-Nov-98 0.737333 10.485015 0.07032
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 97.43283 974.3283
5.000
FORMULA: 1000*(1+T)= 974.3283
= 948.8283073
T = -1.05% -0.52%
R = -5.12% -2.57%
Oppenheimer Global Securities
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 5.707113 175.21994
1 FEE 30-Nov-95 0.737333 5.401138 0.13651
2 FEE 29-Nov-96 0.737333 6.320216 0.11666
3 FEE 28-Nov-97 0.737333 7.542050 0.09776
4 FEE 30-Nov-98 0.737333 7.332060 0.10056
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 174.69470 1746.9470
5.000
FORMULA: 1000*(1+T)= 1746.9470
= 1721.44704
T = 11.48% 11.80%
R = 72.14% 74.69%
STI Capital Appreciation
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 4.474538 0.16478
2 FEE 29-Nov-96 0.737333 5.648120 0.13054
3 FEE 28-Nov-97 0.737333 7.359506 0.10019
4 FEE 30-Nov-98 0.737333 9.057467 0.08141
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
STI Value Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 6.145350 0.11998
2 FEE 29-Nov-96 0.737333 7.506249 0.09823
3 FEE 28-Nov-97 0.737333 9.121756 0.08083
4 FEE 30-Nov-98 0.737333 10.055638 0.07333
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Federated Prime Money Fund II
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITSEND VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 8.353424 119.71139
1 FEE 30-Nov-95 0.737333 8.683864 0.08491
2 FEE 29-Nov-96 0.737333 8.992137 0.08200
3 FEE 28-Nov-97 0.737333 9.324112 0.07908
4 FEE 30-Nov-98 0.737333 9.674815 0.07621
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 119.31546 1193.1546
5.000
FORMULA: 1000*(1+T)= 1193.1546
= 1167.654611
T = 3.15% 3.60%
R = 16.77% 19.32%
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Today: 11/30/99 One Year Ago: 11/30/98
One Month Ago: 10/29/99 Three Years Ago: 11/29/96
Three Months Ago: 8/31/99 Five Years Ago: 11/30/94
End of last year: 12/31/98 Ten Years Ago: 11/30/89
AUVS
Today One Month Ago Three Months Ago End of last year
----- ------------- ---------------- ----------------
<S> <C> <C> <C> <C>
Morgan Stanley Fixed Income 9.950112 9.960155 9.771382 10.1583
Morgan Stanley Equity Growth 13.751245 13.125377 12.350413 10.947951
Morgan Stanley Value 9.481541 9.713076 10.175912 9.956833
Morgan Stanley Mid Cap Value 11.976901 11.644515 11.846253 10.967097
Morgan Stanley U.S. Real Estate 9.514306 9.743228 10.48328 10.180573
Morgan Stanley Global Equity 10.520175 10.404384 10.732425 10.435843
Morgan Stanley International Magnum 12.004204 11.51906 11.494358 10.389834
Fidelity Growth 13.840256 13.073874 12.619649 11.204784
Fidelity High Income 10.922278 10.705922 10.943733 10.436216
Fidelity Contrafund 13.16992 12.680883 12.294956 11.66355
Fidelity Equity Income 10.917959 11.074995 11.065488 10.482618
MFS Emerging Growth 16.37006 14.240983 13.228581 11.95481
MFS Growth and Income 10.8741 10.858256 10.787092 10.817419
MFS New Discovery 15.946902 13.671331 12.827442 11.387637
Dreyfus Growth & Income 11.789363 11.490614 11.2204 10.65205
Dreyfus Money Market 10.373153 10.337417 10.276144 10.05149
Dreyfus Socially Responsible 13.278856 12.831929 12.194391 10.792772
Dreyfus Small Company Stock 10.860872 10.472792 10.359013 10.664776
Dreyfus Stock Index 12.264621 12.035345 11.663362 10.878288
American Century Balanced 11.106607 10.984222 10.796457 10.606839
American Century International 14.754925 12.814676 11.923483 10.977732
AIM Capital Appreciation 13.990167 12.897705 11.965666 11.397274
AIM Diversified Income 9.885397 9.867599 9.848868 10.223618
AIM Growth and Income 13.522711 12.995849 12.440506 11.368119
AIM Government Securities 9.898162 9.90815 9.792079 10.387454
AIM Growth 14.376483 13.497741 12.850461 11.832687
AIM International Equity 13.982616 12.410274 11.34134 10.6876
AIM Global Utilities 12.874479 12.011943 11.310489 10.729852
AIM Value 13.964331 13.326033 12.5839 11.525748
AIM Balanced 11.873202 11.474677 10.979547 10.736229
AIM High Yield 10.96059 10.694163 10.899402 10.317839
Goldman Sachs Growth and Income 9.942586 9.923402 9.883331 9.674263
Goldman Sachs CORE U.S. Equity 12.686348 12.423698 11.980507 10.899951
Goldman Sachs CORE Large Cap Growth 13.682406 12.97635 12.538916 11.29936
Goldman Sachs CORE Small Cap Equity 11.169583 10.586217 10.640955 10.605435
Goldman Sachs Capital Growth 12.925143 12.606678 11.829114 11.10278
Goldman Sachs Mid Cap Equity 9.7552 9.578817 10.436235 9.98363
Goldman Sachs International Equity 13.04944 12.207488 11.710704 10.849063
Goldman Sachs Global Income 9.942586 9.923402 9.883331 9.674263
Neuberger & Berman Guardian 11.869555 11.702928 11.078926 10.811724
Neuberger & Berman Mid-Cap Growth 15.332106 13.559377 12.44108 12.13003
Neuberger & Berman Partners 10.591905 10.53002 10.605552 10.310432
MFS Research Series 10 9.52982 9.250354 8.943596
Templeton Stock Fund 10 9.44974 9.391605 8.458585
Templeton International 10 9.635704 9.791826 8.921151
Templeton Developing Markets 10 9.398779 9.640354 7.592465
Franklin Small Cap Investments 10 9.061972 7.863858 6.848414
Mutual Shares Investment Fund 10 10.010092 10.174794 9.51356
Oppenheimer Main Street Growth & Income 10 9.867947 9.756842 8.905547
Oppenheimer Capital Appreciation 10 9.544066 9.04869 8.540577
Oppenheimer Aggressive Growth 10 8.80322 8.16708 6.564781
Oppenheimer Strategic Bond 10 9.908564 9.784604 10.495277
Oppenheimer Global Securities 10 8.876903 8.561548 7.768433
STI Capital Appreciation 10 9.846913 9.80157 9.605354
STI Value 10 10.286553 10.482876 10.070882
Federated Prime 10 9.969223 9.909664 9.702076
One Year Ago Three Years Ago Five Years Ago Ten Years Ago Inception
------------ --------------- -------------- ------------- ---------
Morgan Stanley Fixed Income 10.156923 #N/A #N/A #N/A 8.76258
Morgan Stanley Equity Growth 10.189338 #N/A #N/A #N/A 7.05764
Morgan Stanley Value 10.010658 #N/A #N/A #N/A 8.596942
Morgan Stanley Mid Cap Value 10.137697 #N/A #N/A #N/A 6.896293
Morgan Stanley U.S. Real Estate 10.084796 #N/A #N/A #N/A 9.885655
Morgan Stanley Global Equity 10.158772 #N/A #N/A #N/A 7.839624
Morgan Stanley International Magnum 10.270231 #N/A #N/A #N/A 9.09129
Fidelity Growth 10.333344 7.929255 4.938225 3.127155 2.099837
Fidelity High Income 10.509841 10.554788 7.916637 4.385302 3.913486
Fidelity Contrafund 10.408995 7.898974 #N/A #N/A 4.738343
Fidelity Equity Income 10.175016 8.274306 5.384769 3.442645 2.537111
MFS Emerging Growth 10.578626 7.833455 #N/A #N/A 5.53462
MFS Growth and Income 10.327231 7.071817 #N/A #N/A 5.327817
MFS New Discovery 10.160693 #N/A #N/A #N/A 11.229191
Dreyfus Growth & Income 10.233688 8.207413 4.407537 #N/A 4.454982
Dreyfus Money Market 10.019271 9.293906 8.586172 #N/A 7.428907
Dreyfus Socially Responsible 10.386187 6.757866 4.290761 #N/A 4.038579
Dreyfus Small Company Stock 9.972212 8.908797 #N/A #N/A 8.833208
Dreyfus Stock Index 10.293701 6.671145 3.931475 2.785104 2.797277
American Century Balanced 10.18435 8.307659 6.018437 #N/A 4.968991
American Century International 10.426026 7.820209 6.441632 #N/A 6.740971
AIM Capital Appreciation 10.226414 8.8116 5.448628 #N/A 4.59682
AIM Diversified Income 10.247171 9.225668 7.225525 #N/A 7.292632
AIM Growth and Income 10.423176 7.330472 4.578059 #N/A 4.654128
AIM Government Securities 10.090159 8.95494 7.646188 #N/A 7.852123
AIM Growth 10.487731 7.289024 4.55153 #N/A 4.320936
AIM International Equity 10.328683 8.734927 6.472978 #N/A 5.609441
AIM Global Utilities 10.090063 7.682251 5.552919 #N/A 5.794633
AIM Value 10.390796 7.185175 4.630596 #N/A 4.011944
AIM Balanced 10.221603 #N/A #N/A #N/A 9.57246
AIM High Yield 10.373465 #N/A #N/A #N/A 11.264848
Goldman Sachs Growth and Income 10.14353 #N/A #N/A #N/A 9.479111
Goldman Sachs CORE U.S. Equity 10.337345 #N/A #N/A #N/A 9.651236
Goldman Sachs CORE Large Cap Growth 10.409799 #N/A #N/A #N/A 9.782161
Goldman Sachs CORE Small Cap Equity 9.981644 #N/A #N/A #N/A 11.862868
Goldman Sachs Capital Growth 10.356976 #N/A #N/A #N/A 9.892818
Goldman Sachs Mid Cap Equity 9.946739 #N/A #N/A #N/A 11.739866
Goldman Sachs International Equity 10.394613 #N/A #N/A #N/A 9.211004
Goldman Sachs Global Income 10.14353 #N/A #N/A #N/A 9.479111
Neuberger & Berman Guardian 10.329643 #N/A #N/A #N/A 7.91008
Neuberger & Berman Mid-Cap Growth 10.682101 #N/A #N/A #N/A 7.530279
Neuberger & Berman Partners 10.080616 7.70725 4.426852 #N/A 4.60982
MFS Research Series 8.355495 6.279416 #N/A #N/A 4.633137
Templeton Stock Fund 8.507232 7.149999 5.187786 3.264527 2.935909
Templeton International 8.903851 6.838714 5.301547 #N/A 3.995223
Templeton Developing Markets 7.718754 13.528095 #N/A #N/A 14.914875
Franklin Small Cap Investments 6.461462 #N/A #N/A #N/A 7.477025
Mutual Shares Investment Fund 9.493471 #N/A #N/A #N/A 9.853612
Oppenheimer Main Street Growth & Income 8.461554 7.362507 #N/A #N/A 4.526389
Oppenheimer Capital Appreciation 7.800542 6.596148 4.293692 4.240108 2.727787
Oppenheimer Aggressive Growth 5.764972 5.770321 3.878441 3.309873 2.252422
Oppenheimer Strategic Bond 10.485015 10.897273 10.226626 #N/A 10.346317
Oppenheimer Global Securities 7.33206 6.320216 5.707113 #N/A 3.86501
STI Capital Appreciation 9.057467 5.64812 #N/A #N/A 4.277537
STI Value 10.055638 7.506249 #N/A #N/A 5.902952
Federated Prime 9.674815 8.992137 8.353424 #N/A 8.346297
Inception Dates Years since Inceptio
--------------- --------------------
Morgan Stanley Fixed Income 1/2/97 2.907597536
Morgan Stanley Equity Growth 1/2/97 2.907597536
Morgan Stanley Value 1/2/97 2.907597536
Morgan Stanley Mid Cap Value 1/2/97 2.907597536
Morgan Stanley U.S. Real Estate 3/4/97 2.740588638
Morgan Stanley Global Equity 1/2/97 2.907597536
Morgan Stanley International Magnum 1/2/97 2.907597536
Fidelity Growth 10/9/86 13.14168378
Fidelity High Income 9/20/85 14.19301848
Fidelity Contrafund 1/3/95 4.906228611
Fidelity Equity Income 10/23/86 13.10335387
MFS Emerging Growth 7/24/95 4.353182752
MFS Growth and Income 10/9/95 4.142368241
MFS New Discovery 4/29/98 1.587953457
Dreyfus Growth & Income 5/2/94 5.579739904
Dreyfus Money Market 8/31/90 9.248459959
Dreyfus Socially Responsible 10/7/93 6.146475017
Dreyfus Small Company Stock 4/30/96 3.58384668
Dreyfus Stock Index 9/29/89 10.16837782
American Century Balanced 5/1/91 8.583162218
American Century International 5/2/94 5.579739904
AIM Capital Appreciation 5/5/93 6.570841889
AIM Diversified Income 5/5/93 6.570841889
AIM Growth and Income 5/2/94 5.579739904
AIM Government Securities 5/5/93 6.570841889
AIM Growth 5/5/93 6.570841889
AIM International Equity 5/5/93 6.570841889
AIM Global Utilities 5/2/94 5.579739904
AIM Value 5/5/93 6.570841889
AIM Balanced 5/1/98 1.582477755
AIM High Yield 5/1/98 1.582477755
Goldman Sachs Growth and Income 1/12/98 1.880903491
Goldman Sachs CORE U.S. Equity 2/13/98 1.793292266
Goldman Sachs CORE Large Cap Growth 2/13/98 1.793292266
Goldman Sachs CORE Small Cap Equity 2/13/98 1.793292266
Goldman Sachs Capital Growth 4/30/98 1.585215606
Goldman Sachs Mid Cap Equity 4/30/98 1.585215606
Goldman Sachs International Equity 1/12/98 1.880903491
Goldman Sachs Global Income 1/12/98 1.880903491
Neuberger & Berman Guardian 11/3/97 2.072553046
Neuberger & Berman Mid-Cap Growth 11/3/97 2.072553046
Neuberger & Berman Partners 3/22/94 5.691991786
MFS Research Series 7/26/95 4.34770705
Templeton Stock Fund 8/24/88 11.26625599
Templeton International 5/1/92 7.58110883
Templeton Developing Markets 3/4/96 3.739904175
Franklin Small Cap Investments 5/1/98 1.582477755
Mutual Shares Investment Fund 5/1/98 1.582477755
Oppenheimer Main Street Growth & Income 7/5/95 4.405201916
Oppenheimer Capital Appreciation 4/3/85 14.65845311
Oppenheimer Aggressive Growth 8/15/86 13.29226557
Oppenheimer Strategic Bond 5/3/93 6.576317591
Oppenheimer Global Securities 11/12/90 9.048596851
STI Capital Appreciation 10/2/95 4.161533196
STI Value 10/2/95 4.161533196
Federated Prime 11/21/94 5.023956194
Month to Date Three Months to Date Year to Date One Year
------------- -------------------- ------------ --------
Morgan Stanley Fixed Income -0.10% 1.83% -2.05% -2.04%
Morgan Stanley Equity Growth 4.77% 11.34% 25.61% 34.96%
Morgan Stanley Value -2.38% -6.82% -4.77% -5.29%
Morgan Stanley Mid Cap Value 2.85% 1.10% 9.21% 18.14%
Morgan Stanley U.S. Real Estate -2.35% -9.24% -6.54% -5.66%
Morgan Stanley Global Equity 1.11% -1.98% 0.81% 3.56%
Morgan Stanley International Magnum 4.21% 4.44% 15.54% 16.88%
Fidelity Growth 5.86% 9.67% 23.52% 33.94%
Fidelity High Income 2.02% -0.20% 4.66% 3.92%
Fidelity Contrafund 3.86% 7.12% 12.92% 26.52%
Fidelity Equity Income -1.42% -1.33% 4.15% 7.30%
MFS Emerging Growth 14.95% 23.75% 36.93% 54.75%
MFS Growth and Income 0.15% 0.81% 0.52% 5.30%
MFS New Discovery 16.64% 24.32% 40.04% 56.95%
Dreyfus Growth & Income 2.60% 5.07% 10.68% 15.20%
Dreyfus Money Market 0.35% 0.94% 3.20% 3.53%
Dreyfus Socially Responsible 3.48% 8.89% 23.03% 27.85%
Dreyfus Small Company Stock 3.71% 4.84% 1.84% 8.91%
Dreyfus Stock Index 1.91% 5.16% 12.74% 19.15%
American Century Balanced 1.11% 2.87% 4.71% 9.06%
American Century International 15.14% 23.75% 34.41% 41.52%
AIM Capital Appreciation 8.47% 16.92% 22.75% 36.80%
AIM Diversified Income 0.18% 0.37% -3.31% -3.53%
AIM Growth and Income 4.05% 8.70% 18.95% 29.74%
AIM Government Securities -0.10% 1.08% -4.71% -1.90%
AIM Growth 6.51% 11.88% 21.50% 37.08%
AIM International Equity 12.67% 23.29% 30.83% 35.38%
AIM Global Utilities 7.18% 13.83% 19.99% 27.60%
AIM Value 4.79% 10.97% 21.16% 34.39%
AIM Balanced 3.47% 8.14% 10.59% 16.16%
AIM High Yield 2.49% 0.56% 6.23% 5.66%
Goldman Sachs Growth and Income 0.19% 0.60% 2.77% -1.98%
Goldman Sachs CORE U.S. Equity 2.11% 5.89% 16.39% 22.72%
Goldman Sachs CORE Large Cap Growth 5.44% 9.12% 21.09% 31.44%
Goldman Sachs CORE Small Cap Equity 5.51% 4.97% 5.32% 11.90%
Goldman Sachs Capital Growth 2.53% 9.27% 16.41% 24.80%
Goldman Sachs Mid Cap Equity 1.84% -6.53% -2.29% -1.93%
Goldman Sachs International Equity 6.90% 11.43% 20.28% 25.54%
Goldman Sachs Global Income 0.19% 0.60% 2.77% -1.98%
Neuberger & Berman Guardian 1.42% 7.14% 9.78% 14.91%
Neuberger & Berman Mid-Cap Growth 13.07% 23.24% 26.40% 43.53%
Neuberger & Berman Partners 0.59% -0.13% 2.73% 5.07%
MFS Research Series 4.93% 8.10% 11.81% 19.68%
Templeton Stock Fund 5.82% 6.48% 18.22% 17.55%
Templeton International 3.78% 2.13% 12.09% 12.31%
Templeton Developing Markets 6.40% 3.73% 31.71% 29.55%
Franklin Small Cap Investments 10.35% 27.16% 46.02% 54.76%
Mutual Shares Investment Fund -0.10% -1.72% 5.11% 5.34%
Oppenheimer Main Street Growth & Income 1.34% 2.49% 12.29% 18.18%
Oppenheimer Capital Appreciation 4.78% 10.51% 17.09% 28.20%
Oppenheimer Aggressive Growth 13.59% 22.44% 52.33% 73.46%
Oppenheimer Strategic Bond 0.92% 2.20% -4.72% -4.63%
Oppenheimer Global Securities 12.65% 16.80% 28.73% 36.39%
STI Capital Appreciation 1.55% 2.02% 4.11% 10.41%
STI Value -2.79% -4.61% -0.70% -0.55%
Federated Prime 0.31% 0.91% 3.07% 3.36%
Three Year Five Year Ten Year Inception
---------- --------- -------- ---------
Morgan Stanley Fixed Income #N/A #N/A #N/A 4.47%
Morgan Stanley Equity Growth #N/A #N/A #N/A 25.79%
Morgan Stanley Value #N/A #N/A #N/A 3.43%
Morgan Stanley Mid Cap Value #N/A #N/A #N/A 20.91%
Morgan Stanley U.S. Real Estate #N/A #N/A #N/A -1.39%
Morgan Stanley Global Equity #N/A #N/A #N/A 10.64%
Morgan Stanley International Magnum #N/A #N/A #N/A 10.03%
Fidelity Growth 20.40% 22.89% 16.04% 15.43%
Fidelity High Income 1.15% 6.65% 9.55% 7.50%
Fidelity Contrafund 18.58% #N/A #N/A 23.17%
Fidelity Equity Income 9.68% 15.18% 12.23% 11.78%
MFS Emerging Growth 27.85% #N/A #N/A 28.29%
MFS Growth and Income 15.42% #N/A #N/A 18.80%
MFS New Discovery #N/A #N/A #N/A 24.72%
Dreyfus Growth & Income 12.83% 21.75% #N/A 19.05%
Dreyfus Money Market 3.73% 3.85% #N/A 3.68%
Dreyfus Socially Responsible 25.25% 25.35% #N/A 21.37%
Dreyfus Small Company Stock 6.83% #N/A #N/A 5.94%
Dreyfus Stock Index 22.50% 25.55% 15.98% 15.65%
American Century Balanced 10.16% 13.04% #N/A 9.82%
American Century International 23.57% 18.03% #N/A 15.07%
AIM Capital Appreciation 16.66% 20.76% #N/A 18.46%
AIM Diversified Income 2.33% 6.47% #N/A 4.74%
AIM Growth and Income 22.64% 24.19% #N/A 21.07%
AIM Government Securities 3.39% 5.30% #N/A 3.59%
AIM Growth 25.41% 25.86% #N/A 20.08%
AIM International Equity 16.98% 16.65% #N/A 14.91%
AIM Global Utilities 18.78% 18.32% #N/A 15.38%
AIM Value 24.79% 24.70% #N/A 20.90%
AIM Balanced #N/A #N/A #N/A 14.58%
AIM High Yield #N/A #N/A #N/A -1.72%
Goldman Sachs Growth and Income #N/A #N/A #N/A 2.57%
Goldman Sachs CORE U.S. Equity #N/A #N/A #N/A 16.47%
Goldman Sachs CORE Large Cap Growth #N/A #N/A #N/A 20.58%
Goldman Sachs CORE Small Cap Equity #N/A #N/A #N/A -3.30%
Goldman Sachs Capital Growth #N/A #N/A #N/A 18.37%
Goldman Sachs Mid Cap Equity #N/A #N/A #N/A -11.03%
Goldman Sachs International Equity #N/A #N/A #N/A 20.35%
Goldman Sachs Global Income #N/A #N/A #N/A 2.57%
Neuberger & Berman Guardian #N/A #N/A #N/A 21.63%
Neuberger & Berman Mid-Cap Growth #N/A #N/A #N/A 40.93%
Neuberger & Berman Partners 11.18% 19.06% #N/A 15.74%
MFS Research Series 16.78% #N/A #N/A 19.36%
Templeton Stock Fund 11.83% 14.03% 11.85% 11.49%
Templeton International 13.50% 13.53% #N/A 12.87%
Templeton Developing Markets -9.58% #N/A #N/A -10.14%
Franklin Small Cap Investments #N/A #N/A #N/A 20.17%
Mutual Shares Investment Fund #N/A #N/A #N/A 0.94%
Oppenheimer Main Street Growth & Income 10.75% #N/A #N/A 19.71%
Oppenheimer Capital Appreciation 14.88% 18.42% 8.96% 9.27%
Oppenheimer Aggressive Growth 20.12% 20.86% 11.69% 11.87%
Oppenheimer Strategic Bond -2.82% -0.45% #N/A -0.52%
Oppenheimer Global Securities 16.53% 11.87% #N/A 11.08%
STI Capital Appreciation 20.98% #N/A #N/A 22.64%
STI Value 10.03% #N/A #N/A 13.50%
Federated Prime 3.60% 3.66% #N/A 3.66%
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Glenbrook Provider Variable Annuity
Returns as of 11/30/99
Non-Standardized
Total Return
One Three YTD
Fund Name Month Month 1999
- --------------------------------------------------------------------------------------------
<S> <C> <C> <C>
AIM International Equity 12.67% 23.29% 30.83%
AIM Balanced 3.47% 8.14% 10.59%
AIM Capital Appreciation 8.47% 16.92% 22.75%
AIM Growth 6.51% 11.88% 21.50%
AIM High Yield 2.49% 0.56% 6.23%
AIM Value 4.79% 10.97% 21.16%
AIM Global Utilities 7.18% 13.83% 19.99%
AIM Growth and Income 4.05% 8.70% 18.95%
AIM Diversified Income 0.18% 0.37% -3.31%
AIM Government Securities -0.10% 1.08% -4.71%
American Century Balanced 1.11% 2.87% 4.71%
American Century International 15.14% 23.75% 34.41%
Dreyfus Small Company Stock 3.71% 4.84% 1.84%
Dreyfus Growth & Income 2.60% 5.07% 10.68%
Dreyfus Socially Responsible 3.48% 8.89% 23.03%
Dreyfus Stock Index 1.91% 5.16% 12.74%
Dreyfus Money Market 0.35% 0.94% 3.20%
Fidelity Growth 5.86% 9.67% 23.52%
Fidelity Contrafund 3.86% 7.12% 12.92%
Fidelity High Income 2.02% -0.20% 4.66%
Fidelity Equity Income -1.42% -1.33% 4.15%
Goldman Sachs Growth and Income 0.19% 0.60% 2.77%
Goldman Sachs CORE U.S. Equity 2.11% 5.89% 16.39%
Goldman Sachs CORE Small Cap Equity 5.51% 4.97% 5.32%
Goldman Sachs CORE Large Cap Growth 5.44% 9.12% 21.09%
Goldman Sachs Mid Cap Equity 1.84% -6.53% -2.29%
Goldman Sachs Capital Growth 2.53% 9.27% 16.41%
Goldman Sachs International Equity 6.90% 11.43% 20.28%
Goldman Sachs Global Income 0.19% 0.60% 2.77%
MFS Emerging Growth 14.95% 23.75% 36.93%
MFS Growth and Income 0.15% 0.81% 0.52%
MFS New Discovery 16.64% 24.32% 40.04%
Morgan Stanley Fixed Income -0.10% 1.83% -2.05%
Morgan Stanley Equity Growth 4.77% 11.34% 25.61%
Morgan Stanley Value -2.38% -6.82% -4.77%
Morgan Stanley Mid Cap Value 2.85% 1.10% 9.21%
Morgan Stanley U.S. Real Estate -2.35% -9.24% -6.54%
Morgan Stanley Global Equity 1.11% -1.98% 0.81%
Morgan Stanley International Magnum 4.21% 4.44% 15.54%
Neuberger & Berman Guardian 1.42% 7.14% 9.78%
Neuberger & Berman Mid-Cap Growth 13.07% 23.24% 26.40%
Neuberger & Berman Partners 0.59% -0.13% 2.73%
MFS Research Series 4.93% 8.10% 11.81%
Templeton Stock Fund 5.82% 6.48% 18.22%
Templeton International 3.78% 2.13% 12.09%
Templeton Developing Markets 6.40% 3.73% 31.71%
Franklin Small Cap Investments 10.35% 27.16% 46.02%
Mutual Shares Investment Fund -0.10% -1.72% 5.11%
Oppenheimer Main Street Growth & Income 1.34% 2.49% 12.29%
Oppenheimer Capital Appreciation 4.78% 10.51% 17.09%
Oppenheimer Aggressive Growth 13.59% 22.44% 52.33%
Oppenheimer Strategic Bond 0.92% 2.20% -4.72%
Oppenheimer Global Securities 12.65% 16.80% 28.73%
STI Capital Appreciation 1.55% 2.02% 4.11%
STI Value -2.79% -4.61% -0.70%
Federated Prime 0.31% 0.91% 3.07%
</TABLE>
<TABLE>
<CAPTION>
Non-Standardized Standardized Total Return for
Average Annual Total Return Surrendered Contracts
Three Five Since Quarter Ending Avg. Annual
Fund Name Year Year Inception 9/30/99 Since Inception
- ------------------------------------------------------------------------------------------- -----------------------------------
<S> <C> <C> <C> <C> <C>
AIM International Equity 16.98% 16.65% 14.91% -0.84% 14.86%
AIM Balanced #N/A #N/A 14.58% -7.84% 11.49%
AIM Capital Appreciation 16.66% 20.76% 18.46% -8.21% 18.41%
AIM Growth 25.41% 25.86% 20.08% -7.43% 20.02%
AIM High Yield #N/A #N/A -1.72% -6.31% -5.10%
AIM Value 24.79% 24.70% 20.90% -9.05% 20.85%
AIM Global Utilities 18.78% 18.32% 15.38% -6.32% 15.08%
AIM Growth and Income 22.64% 24.19% 21.07% -10.41% 20.82%
AIM Diversified Income 2.33% 6.47% 4.74% -5.65% 4.67%
AIM Government Securities 3.39% 5.30% 3.59% -4.73% 3.51%
American Century Balanced 10.16% 13.04% 9.82% -7.49% 9.77%
American Century International 23.57% 18.03% 15.07% -1.93% 14.76%
Dreyfus Small Company Stock 6.83% #N/A 5.94% -12.69% 4.83%
Dreyfus Growth & Income 12.83% 21.75% 19.05% -12.60% 18.80%
Dreyfus Socially Responsible 25.25% 25.35% 21.37% -9.28% 21.31%
Dreyfus Stock Index 22.50% 25.55% 15.65% -11.76% 15.59%
Dreyfus Money Market 3.73% 3.85% 3.68% -4.31% 3.61%
Fidelity Growth 20.40% 22.89% 15.43% -8.21% 15.39%
Fidelity Contrafund 18.58% #N/A 23.17% -10.28% 22.81%
Fidelity High Income 1.15% 6.65% 7.50% -9.08% 7.45%
Fidelity Equity Income 9.68% 15.18% 11.78% -14.14% 11.73%
Goldman Sachs Growth and Income #N/A #N/A 2.57% -5.37% -0.19%
Goldman Sachs CORE U.S. Equity #N/A #N/A 16.47% -10.84% 13.85%
Goldman Sachs CORE Small Cap Equity #N/A #N/A -3.30% -9.75% -6.35%
Goldman Sachs CORE Large Cap Growth #N/A #N/A 20.58% -8.20% 18.03%
Goldman Sachs Mid Cap Equity #N/A #N/A -11.03% -21.82% -14.61%
Goldman Sachs Capital Growth #N/A #N/A 18.37% -11.55% 15.35%
Goldman Sachs International Equity #N/A #N/A 20.35% 0.00% 17.95%
Goldman Sachs Global Income #N/A #N/A 2.57% -5.37% -0.19%
MFS Emerging Growth 27.85% #N/A 28.29% -4.43% 27.89%
MFS Growth and Income 15.42% #N/A 18.80% -14.24% 18.25%
MFS New Discovery #N/A #N/A 24.72% -11.35% 21.78%
Morgan Stanley Fixed Income #N/A #N/A 4.47% -5.07% 9.08%
Morgan Stanley Equity Growth #N/A #N/A 25.79% -6.23% 24.77%
Morgan Stanley Value #N/A #N/A 3.43% -20.59% 1.97%
Morgan Stanley Mid Cap Value #N/A #N/A 20.91% -11.85% 19.82%
Morgan Stanley U.S. Real Estate #N/A #N/A -1.39% -13.69% -3.08%
Morgan Stanley Global Equity #N/A #N/A 10.64% -8.64% 9.36%
Morgan Stanley International Magnum #N/A #N/A 10.03% -0.11% 8.73%
Neuberger & Berman Guardian #N/A #N/A 21.63% -21.13% 19.86%
Neuberger & Berman Mid-Cap Growth #N/A #N/A 40.93% -6.97% 39.41%
Neuberger & Berman Partners 11.18% 19.06% 15.74% -18.31% 15.46%
MFS Research Series 16.78% #N/A 19.36% -11.94% 18.86%
Templeton Stock Fund 11.83% 14.03% 11.49% -7.86% 11.44%
Templeton International 13.50% 13.53% 12.87% -6.83% 12.81%
Templeton Developing Markets -9.58% #N/A -10.14% -20.27% -11.81%
Franklin Small Cap Investments #N/A #N/A 20.17% -0.54% 17.15%
Mutual Shares Investment Fund #N/A #N/A 0.94% -15.58% -2.39%
Oppenheimer Main Street Growth & Income 10.75% #N/A 19.71% -10.45% 19.24%
Oppenheimer Capital Appreciation 14.88% 18.42% 9.27% -10.26% 9.22%
Oppenheimer Aggressive Growth 20.12% 20.86% 11.87% -1.44% 11.82%
Oppenheimer Strategic Bond -2.82% -0.45% -0.52% -5.26% -0.59%
Oppenheimer Global Securities 16.53% 11.87% 11.08% -3.76% 11.02%
STI Capital Appreciation 20.98% #N/A 22.64% -15.04% 22.14%
STI Value 10.03% #N/A 13.50% -17.33% 12.88%
Federated Prime 3.60% 3.66% 3.66% -4.30% 3.14%
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Glenbrook Provider - BASE
Standardized Returns
Ten Year or Inception
Fund One Year Five Year Since Inception 10 Dates
- --------------------------------------------------------------------------------------------------------- ------------
<S> <C> <C> <C> <C> <C>
Morgan Stanley Fixed Income -7.21% #N/A 3.03% 1/2/97
Morgan Stanley Equity Growth 29.78% #N/A 24.77% 1/2/97
Morgan Stanley Value -10.46% #N/A 1.97% 1/2/97
Morgan Stanley Mid Cap Value 12.97% #N/A 19.82% 1/2/97
Morgan Stanley U.S. Real Estate -10.83% #N/A -3.08% 3/4/97
Morgan Stanley Global Equity -1.62% #N/A 9.36% 1/2/97
Morgan Stanley International Magnum 11.71% #N/A 8.73% 1/2/97
Fidelity Growth 28.76% 22.62% 15.39% 15.99% 10/9/86
Fidelity High Income -1.25% 6.19% 7.45% 9.51% 9/20/85
Fidelity Contrafund 21.35% #N/A 22.81% 1/3/95
Fidelity Equity Income 2.13% 14.84% 11.73% 12.18% 10/23/86
MFS Emerging Growth 49.57% #N/A 27.89% 7/24/95
MFS Growth and Income 0.12% #N/A 18.25% 10/9/95
MFS New Discovery 51.77% #N/A 21.78% 4/29/98
Dreyfus Growth & Income 10.03% 21.47% 18.80% 5/2/94
Dreyfus Money Market -1.64% 3.34% 3.61% 8/31/90
Dreyfus Socially Responsible 22.68% 25.09% 21.31% 10/7/93
Dreyfus Small Company Stock 3.74% #N/A 4.83% 4/30/96
Dreyfus Stock Index 13.97% 25.30% 15.59% 9/29/89
American Century Balanced 3.88% 12.67% 9.77% 5/1/91
American Century International 36.35% 17.70% 14.76% 5/2/94
AIM Capital Appreciation 31.63% 20.46% 18.41% 5/5/93
AIM Diversified Income -8.70% 6.01% 4.67% 5/5/93
AIM Growth and Income 24.56% 23.92% 20.82% 5/2/94
AIM Government Securities -7.08% 4.82% 3.51% 5/5/93
AIM Growth 31.91% 25.61% 20.02% 5/5/93
AIM International Equity 30.20% 16.32% 14.86% 5/5/93
AIM Global Utilities 22.42% 18.00% 15.08% 5/2/94
AIM Value 29.22% 24.44% 20.85% 5/5/93
AIM Balanced 10.98% #N/A 11.49% 5/1/98
AIM High Yield 0.49% #N/A -5.10% 5/1/98
Goldman Sachs Growth and Income -7.15% #N/A -0.19% 1/12/98
Goldman Sachs CORE U.S. Equity 17.55% #N/A 13.85% 2/13/98
Goldman Sachs CORE Large Cap Growth 26.26% #N/A 18.03% 2/13/98
Goldman Sachs CORE Small Cap Equity 6.73% #N/A -6.35% 2/13/98
Goldman Sachs Capital Growth 19.62% #N/A 15.35% 4/30/98
Goldman Sachs Mid Cap Equity -7.10% #N/A -14.61% 4/30/98
Goldman Sachs International Equity 20.37% #N/A 17.95% 1/12/98
Goldman Sachs Global Income -7.15% #N/A -0.19% 1/12/98
Neuberger & Berman Guardian 9.73% #N/A 19.86% 11/3/97
Neuberger & Berman Mid-Cap Growth 38.36% #N/A 39.41% 11/3/97
Neuberger & Berman Partners -0.10% 18.76% 15.46% 3/22/94
MFS Research Series 14.51% #N/A 18.86% 7/26/95
Templeton Stock Fund 12.37% 13.67% 11.44% 8/24/88
Templeton International 7.14% 13.17% 12.81% 5/1/92
Templeton Developing Markets 24.38% #N/A -11.81% 3/4/96
Franklin Small Cap Investments 49.59% #N/A 17.15% 5/1/98
Mutual Shares Investment Fund 0.16% #N/A -2.39% 5/1/98
Oppenheimer Main Street Growth & Income 13.01% #N/A 19.24% 7/5/95
Oppenheimer Capital Appreciation 23.02% 18.11% 9.22% 4/3/85
Oppenheimer Aggressive Growth 68.29% 20.56% 11.82% 8/15/86
Oppenheimer Strategic Bond -9.80% -1.05% -0.59% 5/3/93
Oppenheimer Global Securities 31.21% 11.48% 11.02% 11/12/90
STI Capital Appreciation 5.23% #N/A 22.14% 10/2/95
STI Value -5.73% #N/A 12.88% 10/2/95
Federated Prime -1.81% 3.15% 3.14% 11/21/94
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
1yr ago: 11/30/98
Date: 11/30/99
Morgan Stanley Fixed Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
<S> <C> <C> <C> <C> <C> <C> <C>
0 INIT DEPOSIT 30-Nov-98 1000.00 10.154353 98.47993
1 FEE 30-Nov-99 0.737333 9.903910 0.07445 0.06
RESULTING VALUE 30-Nov-99 9.903910 98.40548 974.5991
1.000
FORMULA: 1000*(1+T)= 974.5991
= 923.5990568
T = -7.64% -2.54%
R = -7.64% -2.54%
Morgan Stanley Equity Growth
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.186764 98.16660
1 FEE 30-Nov-99 0.737333 13.687482 0.05387 0.06
RESULTING VALUE 30-Nov-99 13.687482 98.11273 1342.9163
1.000
FORMULA: 1000*(1+T)= 1342.9163
= 1291.916255
T = 29.19% 34.29%
R = 29.19% 34.29%
Morgan Stanley Value
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.008125 99.91882
1 FEE 30-Nov-99 0.737333 9.437545 0.07813 0.06
RESULTING VALUE 30-Nov-99 9.437545 99.84069 942.2510
1.000
FORMULA: 1000*(1+T)= 942.2510
= 891.2509886
T = -10.87% -5.77%
R = -10.87% -5.77%
Morgan Stanley Mid Cap Value
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.135135 98.66667
1 FEE 30-Nov-99 0.737333 11.921331 0.06185 0.06
RESULTING VALUE 30-Nov-99 11.921331 98.60482 1175.5007
1.000
FORMULA: 1000*(1+T)= 1175.5007
= 1124.500674
T = 12.45% 17.55%
R = 12.45% 17.55%
Morgan Stanley U.S. Real Estate
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.082248 99.18423
1 FEE 30-Nov-99 0.737333 9.470129 0.07786 0.06
RESULTING VALUE 30-Nov-99 9.470129 99.10637 938.5501
1.000
FORMULA: 1000*(1+T)= 938.5501
= 887.5501152
T = -11.24% -6.14%
R = -11.24% -6.14%
Morgan Stanley Global Equity
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.156206 98.46197
1 FEE 30-Nov-99 0.737333 10.471353 0.07041 0.06
RESULTING VALUE 30-Nov-99 10.471353 98.39155 1030.2927
1.000
FORMULA: 1000*(1+T)= 1030.2927
= 979.2926595
T = -2.07% 3.03%
R = -2.07% 3.03%
Morgan Stanley International Magnum
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.267641 97.39335
1 FEE 30-Nov-99 0.737333 11.948537 0.06171 0.06
RESULTING VALUE 30-Nov-99 11.948537 97.33165 1162.9708
1.000
FORMULA: 1000*(1+T)= 1162.9708
= 1111.970767
T = 11.20% 16.30%
R = 11.20% 16.30%
Fidelity Growth
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.330733 96.79855
1 FEE 30-Nov-99 0.737333 13.776083 0.05352 0.06
RESULTING VALUE 30-Nov-99 13.776083 96.74503 1332.7676
1.000
FORMULA: 1000*(1+T)= 1332.7676
= 1281.767559
T = 28.18% 33.28%
R = 28.18% 33.28%
Fidelity High Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.507189 95.17293
1 FEE 30-Nov-99 0.737333 10.871596 0.06782 0.06
RESULTING VALUE 30-Nov-99 10.871596 95.10511 1033.9443
1.000
FORMULA: 1000*(1+T)= 1033.9443
= 982.9443498
T = -1.71% 3.39%
R = -1.71% 3.39%
Fidelity Contrafund
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.406367 96.09502
1 FEE 30-Nov-99 0.737333 13.108849 0.05625 0.06
RESULTING VALUE 30-Nov-99 13.108849 96.03877 1258.9577
1.000
FORMULA: 1000*(1+T)= 1258.9577
= 1207.957717
T = 20.80% 25.90%
R = 20.80% 25.90%
MFS Emerging Growth
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.575954 94.55412
1 FEE 30-Nov-99 0.737333 16.294207 0.04525 0.06
RESULTING VALUE 30-Nov-99 16.294207 94.50887 1539.9470
1.000
FORMULA: 1000*(1+T)= 1539.9470
= 1488.947034
T = 48.89% 53.99%
R = 48.89% 53.99%
MFS Growth and Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.324623 96.85584
1 FEE 30-Nov-99 0.737333 10.823650 0.06812 0.06
RESULTING VALUE 30-Nov-99 10.823650 96.78771 1047.5963
1.000
FORMULA: 1000*(1+T)= 1047.5963
= 996.5963443
T = -0.34% 4.76%
R = -0.34% 4.76%
MFS New Discovery
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.158123 98.44338
1 FEE 30-Nov-99 0.737333 15.872998 0.04645 0.06
RESULTING VALUE 30-Nov-99 15.872998 98.39693 1561.8543
1.000
FORMULA: 1000*(1+T)= 1561.8543
= 1510.854299
T = 51.09% 56.19%
R = 51.09% 56.19%
Dreyfus Growth and Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.231101 97.74119
1 FEE 30-Nov-99 0.737333 11.734676 0.06283 0.06
RESULTING VALUE 30-Nov-99 11.734676 97.67836 1146.2239
1.000
FORMULA: 1000*(1+T)= 1146.2239
= 1095.223878
T = 9.52% 14.62%
R = 9.52% 14.62%
Dreyfus Money Market
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.016735 99.83293
1 FEE 30-Nov-99 0.737333 10.325005 0.07141 0.06
RESULTING VALUE 30-Nov-99 10.325005 99.76152 1030.0382
1.000
FORMULA: 1000*(1+T)= 1030.0382
= 979.0381638
T = -2.10% 3.00%
R = -2.10% 3.00%
Dreyfus Socially Responsible
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.383563 96.30606
1 FEE 30-Nov-99 0.737333 13.217277 0.05579 0.06
RESULTING VALUE 30-Nov-99 13.217277 96.25027 1272.1665
1.000
FORMULA: 1000*(1+T)= 1272.1665
= 1221.166486
T = 22.12% 27.22%
R = 22.12% 27.22%
Dreyfus Small Company
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 9.969688 100.30404
1 FEE 30-Nov-99 0.737333 10.810473 0.06821 0.06
RESULTING VALUE 30-Nov-99 10.810473 100.23584 1083.5968
1.000
FORMULA: 1000*(1+T)= 1083.5968
= 1032.5968
T = 3.26% 8.36%
R = 3.26% 8.36%
American Century Balanced
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.181775 98.21470
1 FEE 30-Nov-99 0.737333 11.055065 0.06670 0.06
RESULTING VALUE 30-Nov-99 11.055065 98.14801 1085.0326
1.000
FORMULA: 1000*(1+T)= 1085.0326
= 1034.032584
T = 3.40% 8.50%
R = 3.40% 8.50%
American Century International
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.423399 95.93799
1 FEE 30-Nov-99 0.737333 14.686565 0.05020 0.06
RESULTING VALUE 30-Nov-99 14.686565 95.88779 1408.2623
1.000
FORMULA: 1000*(1+T)= 1408.2623
= 1357.262265
T = 35.73% 40.83%
R = 35.73% 40.83%
Fidelity Equity Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.172443 98.30480
1 FEE 30-Nov-99 0.737333 10.867296 0.06785 0.06
RESULTING VALUE 30-Nov-99 10.867296 98.23695 1067.5701
1.000
FORMULA: 1000*(1+T)= 1067.5701
= 1016.570054
T = 1.66% 6.76%
R = 1.66% 6.76%
Dreyfus Stock Index
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.291100 97.17134
1 FEE 30-Nov-99 0.737333 10.810473 0.06821 0.06
RESULTING VALUE 30-Nov-99 10.810473 97.10314 1049.7308
1.000
FORMULA: 1000*(1+T)= 1049.7308
= 998.7308381
T = -0.13% 4.97%
R = -0.13% 4.97%
AIM Capital Appreciation
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.223831 97.81069
1 FEE 30-Nov-99 0.737333 13.925303 0.05295 0.06
RESULTING VALUE 30-Nov-99 13.925303 97.75774 1361.3062
1.000
FORMULA: 1000*(1+T)= 1361.3062
= 1310.30621
T = 31.03% 36.13%
R = 31.03% 36.13%
AIM Diversified Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.244584 97.61255
1 FEE 30-Nov-99 0.737333 9.839497 0.07494 0.06
RESULTING VALUE 30-Nov-99 9.839497 97.53762 959.7211
1.000
FORMULA: 1000*(1+T)= 959.7211
= 908.7210903
T = -9.13% -4.03%
R = -9.13% -4.03%
AIM Growth and Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.420545 95.96427
1 FEE 30-Nov-99 0.737333 13.460000 0.05478 0.06
RESULTING VALUE 30-Nov-99 13.460000 95.90949 1290.9417
1.000
FORMULA: 1000*(1+T)= 1290.9417
= 1239.941749
T = 23.99% 29.09%
R = 23.99% 29.09%
AIM Government Securities
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.087606 99.13155
1 FEE 30-Nov-99 0.737333 9.852199 0.07484 0.06
RESULTING VALUE 30-Nov-99 9.852199 99.05671 975.9264
1.000
FORMULA: 1000*(1+T)= 975.9264
= 924.9264062
T = -7.51% -2.41%
R = -7.51% -2.41%
AIM Growth
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.485085 95.37357
1 FEE 30-Nov-99 0.737333 14.309827 0.05153 0.06
RESULTING VALUE 30-Nov-99 14.309827 95.32204 1364.0420
1.000
FORMULA: 1000*(1+T)= 1364.0420
= 1313.04197
T = 31.30% 36.40%
R = 31.30% 36.40%
AIM International Equity
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.326079 96.84218
1 FEE 30-Nov-99 0.737333 13.917828 0.05298 0.06
RESULTING VALUE 30-Nov-99 13.917828 96.78920 1347.0955
1.000
FORMULA: 1000*(1+T)= 1347.0955
= 1296.095469
T = 29.61% 34.71%
R = 29.61% 34.71%
AIM Global Utilities
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.087509 99.13250
1 FEE 30-Nov-99 0.737333 12.814767 0.05754 0.06
RESULTING VALUE 30-Nov-99 12.814767 99.07496 1269.6226
1.000
FORMULA: 1000*(1+T)= 1269.6226
= 1218.622574
T = 21.86% 26.96%
R = 21.86% 26.96%
AIM Value
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.388172 96.26333
1 FEE 30-Nov-99 0.737333 13.899576 0.05305 0.06
RESULTING VALUE 30-Nov-99 13.899576 96.21028 1337.2821
1.000
FORMULA: 1000*(1+T)= 1337.2821
= 1286.282099
T = 28.63% 33.73%
R = 28.63% 33.73%
AIM Balanced
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.219018 97.85676
1 FEE 30-Nov-99 0.737333 11.818105 0.06239 0.06
RESULTING VALUE 30-Nov-99 11.818105 97.79437 1155.7441
1.000
FORMULA: 1000*(1+T)= 1155.7441
= 1104.744141
T = 10.47% 15.57%
R = 10.47% 15.57%
AIM High Yield
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.370844 96.42417
1 FEE 30-Nov-99 0.737333 10.909736 0.06758 0.06
RESULTING VALUE 30-Nov-99 10.909736 96.35658 1051.2249
1.000
FORMULA: 1000*(1+T)= 1051.2249
= 1000.224879
T = 0.02% 5.12%
R = 0.02% 5.12%
Goldman Sachs Growth and Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.140963 98.60996
1 FEE 30-Nov-99 0.737333 9.896413 0.07451 0.06
RESULTING VALUE 30-Nov-99 9.896413 98.53546 975.1476
1.000
FORMULA: 1000*(1+T)= 975.1476
= 924.1475998
T = -7.59% -2.49%
R = -7.59% -2.49%
Goldman Sachs CORE U.S. Equity
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.334737 96.76105
1 FEE 30-Nov-99 0.737333 12.627512 0.05839 0.06
RESULTING VALUE 30-Nov-99 12.627512 96.70266 1221.1140
1.000
FORMULA: 1000*(1+T)= 1221.1140
= 1170.113982
T = 17.01% 22.11%
R = 17.01% 22.11%
Goldman Sachs CORE Large Cap Growth
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.407170 96.08760
1 FEE 30-Nov-99 0.737333 13.618964 0.05414 0.06
RESULTING VALUE 30-Nov-99 13.618964 96.03346 1307.8762
1.000
FORMULA: 1000*(1+T)= 1307.8762
= 1256.876247
T = 25.69% 30.79%
R = 25.69% 30.79%
Goldman Sachs CORE Small Cap Equity
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 9.979119 100.20925
1 FEE 30-Nov-99 0.737333 11.117757 0.06632 0.06
RESULTING VALUE 30-Nov-99 11.117757 100.14293 1113.3647
1.000
FORMULA: 1000*(1+T)= 1113.3647
= 1062.364723
T = 6.24% 11.34%
R = 6.24% 11.34%
Goldman Sachs Capital Growth
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.354361 96.57766
1 FEE 30-Nov-99 0.737333 13.618964 0.05414 0.06
RESULTING VALUE 30-Nov-99 13.618964 96.52352 1314.5504
1.000
FORMULA: 1000*(1+T)= 1314.5504
= 1263.550399
T = 26.36% 31.46%
R = 26.36% 31.46%
Goldman Sachs Mid Cap Equity
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 9.944221 100.56092
1 FEE 30-Nov-99 0.737333 9.709920 0.07594 0.06
RESULTING VALUE 30-Nov-99 9.709920 100.48498 975.7011
1.000
FORMULA: 1000*(1+T)= 975.7011
= 924.7011428
T = -7.53% -2.43%
R = -7.53% -2.43%
Goldman Sachs International Equity
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.391992 96.22794
1 FEE 30-Nov-99 0.737333 12.988968 0.05677 0.06
RESULTING VALUE 30-Nov-99 12.988968 96.17118 1249.1643
1.000
FORMULA: 1000*(1+T)= 1249.1643
= 1198.164322
T = 19.82% 24.92%
R = 19.82% 24.92%
Goldman Sachs Global Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.140963 98.60996
1 FEE 30-Nov-99 0.737333 9.896413 0.07451 0.06
RESULTING VALUE 30-Nov-99 9.896413 98.53546 975.1476
1.000
FORMULA: 1000*(1+T)= 975.1476
= 924.1475998
T = -7.59% -2.49%
R = -7.59% -2.49%
Neuberger & Berman AMT Guardian
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.327034 96.83322
1 FEE 30-Nov-99 0.737333 11.814498 0.06241 0.06
RESULTING VALUE 30-Nov-99 11.814498 96.77082 1143.2986
1.000
FORMULA: 1000*(1+T)= 1143.2986
= 1092.298602
T = 9.23% 14.33%
R = 9.23% 14.33%
Neuberger & Berman AMT Mid-Cap Growth
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.679409 93.63814
1 FEE 30-Nov-99 0.737333 15.261034 0.04831 0.06
RESULTING VALUE 30-Nov-99 15.261034 93.58983 1428.2775
1.000
FORMULA: 1000*(1+T)= 1428.2775
= 1377.277512
T = 37.73% 42.83%
R = 37.73% 42.83%
Neuberger & Berman AMT Partners
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.078064 99.22541
1 FEE 30-Nov-99 0.737333 10.542756 0.06994 0.06
RESULTING VALUE 30-Nov-99 10.542756 99.15547 1045.3719
1.000
FORMULA: 1000*(1+T)= 1045.3719
= 994.3719193
T = -0.56% 4.54%
R = -0.56% 4.54%
STI Capital Appreciation
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 9.097381 109.92175
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 109.84801 1098.4801
1.000
FORMULA: 1000*(1+T)= 1098.4801
= 1047.480123
T = 4.75% 9.85%
R = 4.75% 9.85%
STI Value Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.099955 99.01034
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 98.93661 989.3661
1.000
FORMULA: 1000*(1+T)= 989.3661
= 938.3660879
T = -6.16% -1.06%
R = -6.16% -1.06%
Federated Prime Money Fund II
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 9.717472 102.90742
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 102.83369 1028.3369
1.000
FORMULA: 1000*(1+T)= 1028.3369
= 977.336895
T = -2.27% 2.83%
R = -2.27% 2.83%
MFS Research Series
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 8.392318 119.15659
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 119.08286 1190.8286
1.000
FORMULA: 1000*(1+T)= 1190.8286
= 1139.828572
T = 13.98% 19.08%
R = 13.98% 19.08%
Templeton Stock Fund
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 8.544249 117.03779
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 116.96405 1169.6405
1.000
FORMULA: 1000*(1+T)= 1169.6405
= 1118.640543
T = 11.86% 16.96%
R = 11.86% 16.96%
Templeton International
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 8.942723 111.82276
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 111.74903 1117.4903
1.000
FORMULA: 1000*(1+T)= 1117.4903
= 1066.490303
T = 6.65% 11.75%
R = 6.65% 11.75%
Templeton Developing Markets
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 7.752184 128.99591
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 128.92217 1289.2217
1.000
FORMULA: 1000*(1+T)= 1289.2217
= 1238.221728
T = 23.82% 28.92%
R = 23.82% 28.92%
Franklin Small Cap Investments
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 6.489912 154.08529
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 154.01156 1540.1156
1.000
FORMULA: 1000*(1+T)= 1540.1156
= 1489.115609
T = 48.91% 54.01%
R = 48.91% 54.01%
Mutual Shares Investment Fund
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 9.535208 104.87448
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 104.80075 1048.0075
1.000
FORMULA: 1000*(1+T)= 1048.0075
= 997.0074868
T = -0.30% 4.80%
R = -0.30% 4.80%
Oppenheimer Main Street Growth & Income
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 8.498834 117.66320
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 117.58947 1175.8947
1.000
FORMULA: 1000*(1+T)= 1175.8947
= 1124.894661
T = 12.49% 17.59%
R = 12.49% 17.59%
Oppenheimer Capital Appreciation
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 7.834917 127.63377
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 127.56004 1275.6004
1.000
FORMULA: 1000*(1+T)= 1275.6004
= 1224.600374
T = 22.46% 27.56%
R = 22.46% 27.56%
Oppenheimer Aggressive Growth
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 5.790336 172.70155
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 172.62782 1726.2782
1.000
FORMULA: 1000*(1+T)= 1726.2782
= 1675.278163
T = 67.53% 72.63%
R = 67.53% 72.63%
Oppenheimer Strategic Bond
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 10.531279 94.95523
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 94.88149 948.8149
1.000
FORMULA: 1000*(1+T)= 948.8149
= 897.8149479
T = -10.22% -5.12%
R = -10.22% -5.12%
Oppenheimer Global Securities
30-Nov-98
TO NO. YEARS 1.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-98 1000.00 7.364340 135.78949
1 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.06
RESULTING VALUE 30-Nov-99 10.000000 135.71576 1357.1576
1.000
FORMULA: 1000*(1+T)= 1357.1576
= 1306.157604
T = 30.62% 35.72%
R = 30.62% 35.72%
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
5 yrs ago: 11/30/94
4 years Ago: 11/30/95
3 yrs ago: 11/29/96
2 Years ago: 11/28/97
1 Year Ago: 11/30/98
Date: 11/30/99
Morgan Stanley Fixed Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
<S> <C> <C> <C> <C> <C> <C> <C>
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 9.483235 0.07775
4 FEE 30-Nov-98 0.737333 10.154353 0.07261
5 FEE 30-Nov-99 0.737333 9.903910 0.07445 0.03
RESULTING VALUE 30-Nov-99 9.903910 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Morgan Stanley Equity Growth
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 8.914645 0.08271
4 FEE 30-Nov-98 0.737333 10.186764 0.07238
5 FEE 30-Nov-99 0.737333 13.687482 0.05387 0.03
RESULTING VALUE 30-Nov-99 13.687482 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Morgan Stanley Value
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 10.243823 0.07198
4 FEE 30-Nov-98 0.737333 10.008125 0.07367
5 FEE 30-Nov-99 0.737333 9.437545 0.07813 0.03
RESULTING VALUE 30-Nov-99 9.437545 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Morgan Stanley Mid Cap Value
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 9.526463 0.07740
4 FEE 30-Nov-98 0.737333 10.135135 0.07275
5 FEE 30-Nov-99 0.737333 11.921331 0.06185 0.03
RESULTING VALUE 30-Nov-99 11.921331 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Morgan Stanley U.S. Real Estate
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 11.300050 0.06525
4 FEE 30-Nov-98 0.737333 10.082248 0.07313
5 FEE 30-Nov-99 0.737333 9.470129 0.07786 0.03
RESULTING VALUE 30-Nov-99 9.470129 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Morgan Stanley Global Equity
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 9.123239 0.08082
4 FEE 30-Nov-98 0.737333 10.156206 0.07260
5 FEE 30-Nov-99 0.737333 10.471353 0.07041 0.03
RESULTING VALUE 30-Nov-99 10.471353 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Morgan Stanley International Magnum
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 9.757641 0.07556
4 FEE 30-Nov-98 0.737333 10.267641 0.07181
5 FEE 30-Nov-99 0.737333 11.948537 0.06171 0.03
RESULTING VALUE 30-Nov-99 11.948537 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Fidelity Growth
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 5.024581 199.02157
1 FEE 30-Nov-95 0.737333 7.086270 0.10405
2 FEE 29-Nov-96 0.737333 7.997355 0.09220
3 FEE 28-Nov-97 0.737333 9.400125 0.07844
4 FEE 30-Nov-98 0.737333 10.330733 0.07137
5 FEE 30-Nov-99 0.737333 13.776083 0.05352 0.03
RESULTING VALUE 30-Nov-99 13.776083 198.62199 2736.2330
5.000
FORMULA: 1000*(1+T)= 2736.2330
= 2710.73299
T = 22.07% 22.30%
R = 171.07% 173.62%
Fidelity High Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 8.055114 124.14474
1 FEE 30-Nov-95 0.737333 9.503515 0.07759
2 FEE 29-Nov-96 0.737333 10.645495 0.06926
3 FEE 28-Nov-97 0.737333 12.360925 0.05965
4 FEE 30-Nov-98 0.737333 10.507189 0.07017
5 FEE 30-Nov-99 0.737333 10.871596 0.06782 0.03
RESULTING VALUE 30-Nov-99 10.871596 123.80024 1345.9062
5.000
FORMULA: 1000*(1+T)= 1345.9062
= 1320.406211
T = 5.72% 6.12%
R = 32.04% 34.59%
Fidelity Contrafund
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 6.602955 0.11167
2 FEE 29-Nov-96 0.737333 7.966838 0.09255
3 FEE 28-Nov-97 0.737333 9.501540 0.07760
4 FEE 30-Nov-98 0.737333 10.406367 0.07085
5 FEE 30-Nov-99 0.737333 13.108849 0.05625 0.03
RESULTING VALUE 30-Nov-99 13.108849 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
MFS Emerging Growth
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 6.527712 0.11295
2 FEE 29-Nov-96 0.737333 7.900767 0.09332
3 FEE 28-Nov-97 0.737333 9.150661 0.08058
4 FEE 30-Nov-98 0.737333 10.575954 0.06972
5 FEE 30-Nov-99 0.737333 16.294207 0.04525 0.03
RESULTING VALUE 30-Nov-99 16.294207 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
MFS Growth and Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 5.630798 0.13095
2 FEE 29-Nov-96 0.737333 7.132493 0.10338
3 FEE 28-Nov-97 0.737333 8.839358 0.08341
4 FEE 30-Nov-98 0.737333 10.324623 0.07142
5 FEE 30-Nov-99 0.737333 10.823650 0.06812 0.03
RESULTING VALUE 30-Nov-99 10.823650 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
MFS New Discovery
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 10.158123 0.07259
5 FEE 30-Nov-99 0.737333 15.872998 0.04645 0.03
RESULTING VALUE 30-Nov-99 15.872998 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Dreyfus Growth and Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 4.483547 223.03770
1 FEE 30-Nov-95 0.737333 6.749544 0.10924
2 FEE 29-Nov-96 0.737333 8.280578 0.08904
3 FEE 28-Nov-97 0.737333 9.501352 0.07760
4 FEE 30-Nov-98 0.737333 10.231101 0.07207
5 FEE 30-Nov-99 0.737333 11.734676 0.06283 0.03
RESULTING VALUE 30-Nov-99 11.734676 222.62691 2612.4546
5.000
FORMULA: 1000*(1+T)= 2612.4546
= 2586.954627
T = 20.94% 21.17%
R = 158.70% 161.25%
Dreyfus Money Market
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 8.736101 114.46754
1 FEE 30-Nov-95 0.737333 9.090012 0.08111
2 FEE 29-Nov-96 0.737333 9.376976 0.07863
3 FEE 28-Nov-97 0.737333 9.709350 0.07594
4 FEE 30-Nov-98 0.737333 10.016735 0.07361
5 FEE 30-Nov-99 0.737333 10.325005 0.07141 0.03
RESULTING VALUE 30-Nov-99 10.325005 114.08683 1177.9471
5.000
FORMULA: 1000*(1+T)= 1177.9471
= 1152.4471
T = 2.88% 3.33%
R = 15.24% 17.79%
Dreyfus Socially Responsible
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 4.364886 229.10106
1 FEE 30-Nov-95 0.737333 5.851193 0.12601
2 FEE 29-Nov-96 0.737333 6.817921 0.10815
3 FEE 28-Nov-97 0.737333 8.614431 0.08559
4 FEE 30-Nov-98 0.737333 10.383563 0.07101
5 FEE 30-Nov-99 0.737333 13.217277 0.05579 0.03
RESULTING VALUE 30-Nov-99 13.217277 228.65451 3022.1900
5.000
FORMULA: 1000*(1+T)= 3022.1900
= 2996.689986
T = 24.55% 24.76%
R = 199.67% 202.22%
Dreyfus Small Company
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 8.988109 0.08203
3 FEE 28-Nov-97 0.737333 11.423611 0.06454
4 FEE 30-Nov-98 0.737333 9.969688 0.07396
5 FEE 30-Nov-99 0.737333 10.810473 0.06821 0.03
RESULTING VALUE 30-Nov-99 10.810473 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
American Century Balanced
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 6.123682 163.30045
1 FEE 30-Nov-95 0.737333 7.319283 0.10074
2 FEE 29-Nov-96 0.737333 8.379021 0.08800
3 FEE 28-Nov-97 0.737333 9.169173 0.08041
4 FEE 30-Nov-98 0.737333 10.181775 0.07242
5 FEE 30-Nov-99 0.737333 11.055065 0.06670 0.03
RESULTING VALUE 30-Nov-99 11.055065 162.89218 1800.7837
5.000
FORMULA: 1000*(1+T)= 1800.7837
= 1775.283659
T = 12.16% 12.48%
R = 77.53% 80.08%
American Century International
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 6.554298 152.57164
1 FEE 30-Nov-95 0.737333 6.906898 0.10675
2 FEE 29-Nov-96 0.737333 7.887372 0.09348
3 FEE 28-Nov-97 0.737333 9.083241 0.08118
4 FEE 30-Nov-98 0.737333 10.423399 0.07074
5 FEE 30-Nov-99 0.737333 14.686565 0.05020 0.03
RESULTING VALUE 30-Nov-99 14.686565 152.16929 2234.8441
5.000
FORMULA: 1000*(1+T)= 2234.8441
= 2209.344121
T = 17.18% 17.45%
R = 120.93% 123.48%
Fidelity Equity Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 5.478934 182.51726
1 FEE 30-Nov-95 0.737333 7.100660 0.10384
2 FEE 29-Nov-96 0.737333 8.345383 0.08835
3 FEE 28-Nov-97 0.737333 9.967307 0.07398
4 FEE 30-Nov-98 0.737333 10.172443 0.07248
5 FEE 30-Nov-99 0.737333 10.867296 0.06785 0.03
RESULTING VALUE 30-Nov-99 10.867296 182.11076 1979.0515
5.000
FORMULA: 1000*(1+T)= 1979.0515
= 1953.551493
T = 14.33% 14.63%
R = 95.36% 97.91%
Dreyfus Stock Index
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 3.999229 250.04820
1 FEE 30-Nov-95 0.737333 5.365883 0.13741
2 FEE 29-Nov-96 0.737333 6.727976 0.10959
3 FEE 28-Nov-97 0.737333 8.482720 0.08692
4 FEE 30-Nov-98 0.737333 10.291100 0.07165
5 FEE 30-Nov-99 0.737333 10.810473 0.06821 0.03
RESULTING VALUE 30-Nov-99 10.810473 249.57442 2698.0175
5.000
FORMULA: 1000*(1+T)= 2698.0175
= 2672.51751
T = 21.73% 21.96%
R = 167.25% 169.80%
AIM Capital Appreciation
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 5.543943 180.37703
1 FEE 30-Nov-95 0.737333 7.724806 0.09545
2 FEE 29-Nov-96 0.737333 8.887328 0.08296
3 FEE 28-Nov-97 0.737333 9.804867 0.07520
4 FEE 30-Nov-98 0.737333 10.223831 0.07212
5 FEE 30-Nov-99 0.737333 13.925303 0.05295 0.03
RESULTING VALUE 30-Nov-99 13.925303 179.99835 2506.5316
5.000
FORMULA: 1000*(1+T)= 2506.5316
= 2481.03158
T = 19.93% 20.18%
R = 148.10% 150.65%
AIM Diversified Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 7.351887 136.01950
1 FEE 30-Nov-95 0.737333 8.471790 0.08703
2 FEE 29-Nov-96 0.737333 9.304920 0.07924
3 FEE 28-Nov-97 0.737333 9.929672 0.07426
4 FEE 30-Nov-98 0.737333 10.244584 0.07197
5 FEE 30-Nov-99 0.737333 9.839497 0.07494 0.03
RESULTING VALUE 30-Nov-99 9.839497 135.63206 1334.5513
5.000
FORMULA: 1000*(1+T)= 1334.5513
= 1309.051257
T = 5.53% 5.94%
R = 30.91% 33.46%
AIM Growth and Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 4.658111 214.67930
1 FEE 30-Nov-95 0.737333 6.227781 0.11839
2 FEE 29-Nov-96 0.737333 7.393425 0.09973
3 FEE 28-Nov-97 0.737333 9.012079 0.08182
4 FEE 30-Nov-98 0.737333 10.420545 0.07076
5 FEE 30-Nov-99 0.737333 13.460000 0.05478 0.03
RESULTING VALUE 30-Nov-99 13.460000 214.25382 2883.8564
5.000
FORMULA: 1000*(1+T)= 2883.8564
= 2858.356447
T = 23.37% 23.59%
R = 185.84% 188.39%
AIM Government Securities
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 7.779925 128.53594
1 FEE 30-Nov-95 0.737333 8.790609 0.08388
2 FEE 29-Nov-96 0.737333 9.031872 0.08164
3 FEE 28-Nov-97 0.737333 9.432463 0.07817
4 FEE 30-Nov-98 0.737333 10.087606 0.07309
5 FEE 30-Nov-99 0.737333 9.852199 0.07484 0.03
RESULTING VALUE 30-Nov-99 9.852199 128.14433 1262.5034
5.000
FORMULA: 1000*(1+T)= 1262.5034
= 1237.00341
T = 4.35% 4.77%
R = 23.70% 26.25%
AIM Growth
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 4.631127 215.93016
1 FEE 30-Nov-95 0.737333 6.280391 0.11740
2 FEE 29-Nov-96 0.737333 7.351623 0.10030
3 FEE 28-Nov-97 0.737333 8.903079 0.08282
4 FEE 30-Nov-98 0.737333 10.485085 0.07032
5 FEE 30-Nov-99 0.737333 14.309827 0.05153 0.03
RESULTING VALUE 30-Nov-99 14.309827 215.50780 3083.8793
5.000
FORMULA: 1000*(1+T)= 3083.8793
= 3058.379295
T = 25.05% 25.26%
R = 205.84% 208.39%
AIM International Equity
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 6.586201 151.83260
1 FEE 30-Nov-95 0.737333 7.344051 0.10040
2 FEE 29-Nov-96 0.737333 8.809967 0.08369
3 FEE 28-Nov-97 0.737333 9.321570 0.07910
4 FEE 30-Nov-98 0.737333 10.326079 0.07140
5 FEE 30-Nov-99 0.737333 13.917828 0.05298 0.03
RESULTING VALUE 30-Nov-99 13.917828 151.44502 2107.7858
5.000
FORMULA: 1000*(1+T)= 2107.7858
= 2082.285775
T = 15.80% 16.08%
R = 108.23% 110.78%
AIM Global Utilities
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 5.650025 176.99037
1 FEE 30-Nov-95 0.737333 6.809039 0.10829
2 FEE 29-Nov-96 0.737333 7.748235 0.09516
3 FEE 28-Nov-97 0.737333 9.007113 0.08186
4 FEE 30-Nov-98 0.737333 10.087509 0.07309
5 FEE 30-Nov-99 0.737333 12.814767 0.05754 0.03
RESULTING VALUE 30-Nov-99 12.814767 176.57443 2262.7601
5.000
FORMULA: 1000*(1+T)= 2262.7601
= 2237.260123
T = 17.47% 17.74%
R = 123.73% 126.28%
AIM Value
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 4.711571 212.24343
1 FEE 30-Nov-95 0.737333 6.558167 0.11243
2 FEE 29-Nov-96 0.737333 7.246885 0.10174
3 FEE 28-Nov-97 0.737333 8.793817 0.08385
4 FEE 30-Nov-98 0.737333 10.388172 0.07098
5 FEE 30-Nov-99 0.737333 13.899576 0.05305 0.03
RESULTING VALUE 30-Nov-99 13.899576 211.82139 2944.2274
5.000
FORMULA: 1000*(1+T)= 2944.2274
= 2918.727444
T = 23.89% 24.11%
R = 191.87% 194.42%
AIM Balanced
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 10.219018 0.07215
5 FEE 30-Nov-99 0.737333 11.818105 0.06239 0.03
RESULTING VALUE 30-Nov-99 11.818105 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
AIM High Yield
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 10.370844 0.07110
5 FEE 30-Nov-99 0.737333 10.909736 0.06758 0.03
RESULTING VALUE 30-Nov-99 10.909736 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Goldman Sachs Growth and Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 10.140963 0.07271
5 FEE 30-Nov-99 0.737333 9.896413 0.07451 0.03
RESULTING VALUE 30-Nov-99 9.896413 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Goldman Sachs CORE U.S. Equity
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 10.334737 0.07135
5 FEE 30-Nov-99 0.737333 12.627512 0.05839 0.03
RESULTING VALUE 30-Nov-99 12.627512 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Goldman Sachs CORE Large Cap Growth
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 10.407170 0.07085
5 FEE 30-Nov-99 0.737333 13.618964 0.05414 0.03
RESULTING VALUE 30-Nov-99 13.618964 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Goldman Sachs CORE Small Cap Equity
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 9.979119 0.07389
5 FEE 30-Nov-99 0.737333 11.117757 0.06632 0.03
RESULTING VALUE 30-Nov-99 11.117757 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Goldman Sachs Capital Growth
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 10.354361 0.07121
5 FEE 30-Nov-99 0.737333 13.618964 0.05414 0.03
RESULTING VALUE 30-Nov-99 13.618964 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Goldman Sachs Mid Cap Equity
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 9.944221 0.07415
5 FEE 30-Nov-99 0.737333 9.709920 0.07594 0.03
RESULTING VALUE 30-Nov-99 9.709920 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Goldman Sachs International Equity
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 10.391992 0.07095
5 FEE 30-Nov-99 0.737333 12.988968 0.05677 0.03
RESULTING VALUE 30-Nov-99 12.988968 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Goldman Sachs Global Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 10.140963 0.07271
5 FEE 30-Nov-99 0.737333 9.896413 0.07451 0.03
RESULTING VALUE 30-Nov-99 9.896413 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Neuberger & Berman AMT Guardian
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 8.071763 0.09135
4 FEE 30-Nov-98 0.737333 10.327034 0.07140
5 FEE 30-Nov-99 0.737333 11.814498 0.06241 0.03
RESULTING VALUE 30-Nov-99 11.814498 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Neuberger & Berman AMT Mid-Cap Growth
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 8.417220 0.08760
4 FEE 30-Nov-98 0.737333 10.679409 0.06904
5 FEE 30-Nov-99 0.737333 15.261034 0.04831 0.03
RESULTING VALUE 30-Nov-99 15.261034 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Neuberger & Berman AMT Partners
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 4.504268 222.01166
1 FEE 30-Nov-95 0.737333 6.023295 0.12241
2 FEE 29-Nov-96 0.737333 7.773456 0.09485
3 FEE 28-Nov-97 0.737333 9.899485 0.07448
4 FEE 30-Nov-98 0.737333 10.078064 0.07316
5 FEE 30-Nov-99 0.737333 10.542756 0.06994 0.03
RESULTING VALUE 30-Nov-99 10.542756 221.57681 2336.0302
5.000
FORMULA: 1000*(1+T)= 2336.0302
= 2310.530227
T = 18.23% 18.49%
R = 131.05% 133.60%
STI Capital Appreciation
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 4.553917 0.16191
2 FEE 29-Nov-96 0.737333 5.723167 0.12883
3 FEE 28-Nov-97 0.737333 7.424681 0.09931
4 FEE 30-Nov-98 0.737333 9.097381 0.08105
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
STI Value Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 6.254386 0.11789
2 FEE 29-Nov-96 0.737333 7.605994 0.09694
3 FEE 28-Nov-97 0.737333 9.202558 0.08012
4 FEE 30-Nov-98 0.737333 10.099955 0.07300
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Federated Prime Money Fund II
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 8.539220 117.10671
1 FEE 30-Nov-95 0.737333 8.838032 0.08343
2 FEE 29-Nov-96 0.737333 9.111710 0.08092
3 FEE 28-Nov-97 0.737333 9.406735 0.07838
4 FEE 30-Nov-98 0.737333 9.717472 0.07588
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 116.71437 1167.1437
5.000
FORMULA: 1000*(1+T)= 1167.1437
= 1141.643718
T = 2.68% 3.14%
R = 14.16% 16.71%
MFS Research Series
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 5.076957 0.14523
2 FEE 29-Nov-96 0.737333 6.362876 0.11588
3 FEE 28-Nov-97 0.737333 7.390843 0.09976
4 FEE 30-Nov-98 0.737333 8.392318 0.08786
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Templeton Stock Fund
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 5.302082 188.60516
1 FEE 30-Nov-95 0.737333 6.286540 0.11729
2 FEE 29-Nov-96 0.737333 7.246924 0.10174
3 FEE 28-Nov-97 0.737333 8.589340 0.08584
4 FEE 30-Nov-98 0.737333 8.544249 0.08630
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 188.14025 1881.4025
5.000
FORMULA: 1000*(1+T)= 1881.4025
= 1855.902515
T = 13.16% 13.47%
R = 85.59% 88.14%
Templeton International
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 5.418373 184.55725
1 FEE 30-Nov-95 0.737333 5.944886 0.12403
2 FEE 29-Nov-96 0.737333 6.931278 0.10638
3 FEE 28-Nov-97 0.737333 8.315101 0.08867
4 FEE 30-Nov-98 0.737333 8.942723 0.08245
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 184.08198 1840.8198
5.000
FORMULA: 1000*(1+T)= 1840.8198
= 1815.319823
T = 12.67% 12.98%
R = 81.53% 84.08%
Templeton Developing Markets
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 13.715364 0.05376
3 FEE 28-Nov-97 0.737333 11.609433 0.06351
4 FEE 30-Nov-98 0.737333 7.752184 0.09511
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Franklin Small Cap Investments
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 6.489912 0.11361
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Mutual Shares Investment Fund
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 #N/A #N/A
2 FEE 29-Nov-96 0.737333 #N/A #N/A
3 FEE 28-Nov-97 0.737333 #N/A #N/A
4 FEE 30-Nov-98 0.737333 9.535208 0.07733
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Oppenheimer Main Street Growth & Income
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 #N/A #N/A
1 FEE 30-Nov-95 0.737333 5.662872 0.13020
2 FEE 29-Nov-96 0.737333 7.460364 0.09883
3 FEE 28-Nov-97 0.737333 8.951212 0.08237
4 FEE 30-Nov-98 0.737333 8.498834 0.08676
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 #N/A #N/A
5.000
FORMULA: 1000*(1+T)= #N/A
= #N/A
T = #N/A #N/A
R = #N/A #N/A
Oppenheimer Capital Appreciation
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 4.389140 227.83507
1 FEE 30-Nov-95 0.737333 5.803357 0.12705
2 FEE 29-Nov-96 0.737333 6.683829 0.11032
3 FEE 28-Nov-97 0.737333 7.711305 0.09562
4 FEE 30-Nov-98 0.737333 7.834917 0.09411
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 227.33424 2273.3424
5.000
FORMULA: 1000*(1+T)= 2273.3424
= 2247.842375
T = 17.59% 17.85%
R = 124.78% 127.33%
Oppenheimer Aggressive Growth
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 3.964654 252.22882
1 FEE 30-Nov-95 0.737333 5.142148 0.14339
2 FEE 29-Nov-96 0.737333 5.847001 0.12610
3 FEE 28-Nov-97 0.737333 6.157450 0.11975
4 FEE 30-Nov-98 0.737333 5.790336 0.12734
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 251.63851 2516.3851
5.000
FORMULA: 1000*(1+T)= 2516.3851
= 2490.885068
T = 20.02% 20.27%
R = 149.09% 151.64%
Oppenheimer Strategic Bond
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 10.454112 95.65614
1 FEE 30-Nov-95 0.737333 10.613466 0.06947
2 FEE 29-Nov-96 0.737333 11.042203 0.06677
3 FEE 28-Nov-97 0.737333 10.826651 0.06810
4 FEE 30-Nov-98 0.737333 10.531279 0.07001
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 95.30804 953.0804
5.000
FORMULA: 1000*(1+T)= 953.0804
= 927.5804372
T = -1.49% -0.96%
R = -7.24% -4.69%
Oppenheimer Global Securities
30-Nov-94
TO NO. YEARS 5.000
30-Nov-99
TRANSACTION DATE $ VALUE UNIT VALUE NO. UNITS END VALUE SURRENDER CHARGES
0 INIT DEPOSIT 30-Nov-94 1000.00 5.834006 171.40881
1 FEE 30-Nov-95 0.737333 5.496974 0.13413
2 FEE 29-Nov-96 0.737333 6.404203 0.11513
3 FEE 28-Nov-97 0.737333 7.608836 0.09690
4 FEE 30-Nov-98 0.737333 7.364340 0.10012
5 FEE 30-Nov-99 0.737333 10.000000 0.07373 0.03
RESULTING VALUE 30-Nov-99 10.000000 170.88878 1708.8878
5.000
FORMULA: 1000*(1+T)= 1708.8878
= 1683.38778
T = 10.98% 11.31%
R = 68.34% 70.89%
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Today: 11/30/99 One Year Ago: 11/30/98
One Month Ago: 10/29/99 Three Years Ago: 11/29/96
Three Months Ago: 8/31/99 Five Years Ago: 11/30/94
End of last year: 12/31/98 Ten Years Ago: 11/30/89
AUVS
Today One Month Ago Three Months Ago End of last year
----- ------------- ---------------- ----------------
<S> <C> <C> <C> <C>
Morgan Stanley Fixed Income 9.90391 9.917736 9.736694 10.151934
Morgan Stanley Equity Growth 13.687482 13.069557 12.306627 10.941107
Morgan Stanley Value 9.437545 9.67174 10.139824 9.950589
Morgan Stanley Mid Cap Value 11.921331 11.594954 11.804229 10.960245
Morgan Stanley U.S. Real Estate 9.470129 9.701738 10.44608 10.1742
Morgan Stanley Global Equity 10.471353 10.360095 10.694351 10.429312
Morgan Stanley International Magnum 11.948537 11.470057 11.453606 10.383339
Fidelity Growth 13.776083 13.018265 12.574906 11.197783
Fidelity High Income 10.871596 10.660349 10.904906 10.429683
Fidelity Contrafund 13.108849 12.626946 12.251362 11.656269
Fidelity Equity Income 10.867296 11.027863 11.026234 10.476055
MFS Emerging Growth 16.294207 14.180443 13.181698 11.947344
MFS Growth and Income 10.82365 10.812057 10.748836 10.810653
MFS New Discovery 15.872998 13.613183 12.78196 11.380523
Dreyfus Growth & Income 11.734676 11.441728 11.180609 10.645387
Dreyfus Money Market 10.325005 10.293403 10.239672 10.045196
Dreyfus Socially Responsible 13.217277 12.777353 12.15115 10.786016
Dreyfus Small Company Stock 10.810473 10.428211 10.322253 10.658101
Dreyfus Stock Index 10.810473 11.984143 11.622001 10.87148
American Century Balanced 11.055065 10.937467 10.758151 10.600203
American Century International 14.686565 12.760191 11.881219 10.970876
AIM Capital Appreciation 13.925303 12.842849 11.923235 11.39016
AIM Diversified Income 9.839497 9.825573 9.813902 10.217216
AIM Growth and Income 13.46 12.940567 12.396392 11.361016
AIM Government Securities 9.852199 9.865949 9.757308 10.380957
AIM Growth 14.309827 13.440336 12.804902 11.825303
AIM International Equity 13.917828 12.357508 11.301133 10.680924
AIM Global Utilities 12.814767 11.960831 11.270358 10.723141
AIM Value 13.899576 13.269356 12.539277 11.518545
AIM Balanced 11.818105 11.425835 10.940584 10.729511
AIM High Yield 10.909736 10.648648 10.991464 10.311374
Goldman Sachs Growth and Income 9.896413 9.881128 9.84823 9.668193
Goldman Sachs CORE U.S. Equity 12.627512 12.370849 11.938025 10.893134
Goldman Sachs CORE Large Cap Growth 13.618964 12.921162 12.494462 11.292301
Goldman Sachs CORE Small Cap Equity 11.117757 10.541155 10.603196 10.5988
Goldman Sachs Capital Growth 13.618964 12.553039 11.787152 11.095836
Goldman Sachs Mid Cap Equity 9.70992 9.538035 10.399209 9.977371
Goldman Sachs International Equity 12.988968 12.155589 11.6692 10.842287
Goldman Sachs Global Income 9.896413 9.881128 9.84823 9.668193
Neuberger & Berman Guardian 11.814498 11.653143 11.039636 10.804961
Neuberger & Berman Mid-Cap Growth 15.261034 13.501708 12.396967 12.122468
Neuberger & Berman Partners 10.542756 10.485208 10.567932 10.303974
STI Capital Appreciation 10 9.850715 9.812329 9.644088
STI Value 10 10.290534 10.494389 10.111485
Federated Prime 10 9.97307 9.920538 9.741215
MFS Research Series 10 9.533496 9.260499 8.979659
Templeton Stock Fund 10 9.453186 9.401699 8.492197
Templeton International 10 9.639287 9.802495 8.956757
Templeton Developing Markets 10 9.402188 9.650811 7.622451
Franklin Small Cap Investments 10 9.065455 7.872461 6.876005
Mutual Shares Investment Fund 10 10.013959 10.186037 9.551822
Oppenheimer Main Street Growth & Income 10 9.871755 9.767557 8.941446
Oppenheimer Capital Appreciation 10 9.547746 9.058615 8.575014
Oppenheimer Aggressive Growth 10 8.806606 8.176027 6.591215
Oppenheimer Strategic Bond 10 9.912388 9.795343 10.537648
Oppenheimer Global Securities 10 8.880313 8.570919 7.799728
One Year Ago Three Years Ago Five Years Ago Ten Years Ago Inception
------------ --------------- -------------- ------------- ---------
Morgan Stanley Fixed Income 10.154353 #N/A #N/A #N/A 8.83426
Morgan Stanley Equity Growth 10.186764 #N/A #N/A #N/A 7.115322
Morgan Stanley Value 10.008125 #N/A #N/A #N/A 8.667249
Morgan Stanley Mid Cap Value 10.135135 #N/A #N/A #N/A 6.952692
Morgan Stanley U.S. Real Estate 10.082248 #N/A #N/A #N/A 9.959228
Morgan Stanley Global Equity 10.156206 #N/A #N/A #N/A 7.903745
Morgan Stanley International Magnum 10.267641 #N/A #N/A #N/A 9.165652
Fidelity Growth 10.330733 7.997355 5.024581 3.252583 2.214464
Fidelity High Income 10.507189 10.645495 8.055114 4.561228 4.146306
Fidelity Contrafund 10.406367 7.966838 #N/A #N/A 4.819231
Fidelity Equity Income 10.172443 8.345383 5.478934 3.580718 2.675154
MFS Emerging Growth 10.575954 7.900767 #N/A #N/A 5.61545
MFS Growth and Income 10.324623 7.132493 #N/A #N/A 5.400531
MFS New Discovery 10.158123 #N/A #N/A #N/A 11.255494
Dreyfus Growth & Income 10.231101 8.280578 4.483547 #N/A 4.543536
Dreyfus Money Market 10.016735 9.376976 8.736101 #N/A 7.700901
Dreyfus Socially Responsible 10.383563 6.817921 4.364886 #N/A 4.129414
Dreyfus Small Company Stock 9.969688 8.988109 #N/A #N/A 8.931576
Dreyfus Stock Index 10.2911 6.727976 3.999229 2.895824 2.910663
American Century Balanced 10.181775 8.379021 6.123682 #N/A 5.13621
American Century International 10.423399 7.887372 6.554298 #N/A 6.876426
AIM Capital Appreciation 10.223831 8.887328 5.543943 #N/A 4.709692
AIM Diversified Income 10.244584 9.30492 7.351887 #N/A 7.471687
AIM Growth and Income 10.420545 7.393425 4.658111 #N/A 4.747631
AIM Government Securities 10.087606 9.031872 7.779925 #N/A 8.044931
AIM Growth 10.485085 7.351623 4.631127 #N/A 4.42703
AIM International Equity 10.326079 8.809967 6.586201 #N/A 5.747183
AIM Global Utilities 10.087509 7.748235 5.650025 #N/A 5.911053
AIM Value 10.388172 7.246885 4.711571 #N/A 4.110425
AIM Balanced 10.219018 #N/A #N/A #N/A 9.594634
AIM High Yield 10.370844 #N/A #N/A #N/A 11.290974
Goldman Sachs Growth and Income 10.140963 #N/A #N/A #N/A 9.513565
Goldman Sachs CORE U.S. Equity 10.334737 #N/A #N/A #N/A 9.682577
Goldman Sachs CORE Large Cap Growth 10.40717 #N/A #N/A #N/A 9.813933
Goldman Sachs CORE Small Cap Equity 9.979119 #N/A #N/A #N/A 11.901443
Goldman Sachs Capital Growth 10.354361 #N/A #N/A #N/A 9.915856
Goldman Sachs Mid Cap Equity 9.944221 #N/A #N/A #N/A 11.767255
Goldman Sachs International Equity 10.391992 #N/A #N/A #N/A 9.244474
Goldman Sachs Global Income 10.140963 #N/A #N/A #N/A 9.513565
Neuberger & Berman Guardian 10.327034 #N/A #N/A #N/A 7.945475
Neuberger & Berman Mid-Cap Growth 10.679409 #N/A #N/A #N/A 7.563989
Neuberger & Berman Partners 10.078064 7.773456 4.504268 #N/A 4.704773
STI Capital Appreciation 9.097381 5.723167 #N/A #N/A 4.356516
STI Value 10.099955 7.605994 #N/A #N/A 6.011957
Federated Prime 9.717472 9.11171 8.53922 #N/A 8.53286
MFS Research Series 8.392318 6.362876 #N/A #N/A 4.722578
Templeton Stock Fund 8.544249 7.246924 5.302082 3.410137 3.083899
Templeton International 8.942723 6.931278 5.418373 #N/A 4.129483
Templeton Developing Markets 7.752184 13.715364 #N/A #N/A 15.165788
Franklin Small Cap Investments 6.489912 #N/A #N/A #N/A 7.529269
Mutual Shares Investment Fund 9.535208 #N/A #N/A #N/A 9.922634
Oppenheimer Main Street Growth & Income 8.498834 7.460364 #N/A #N/A 4.614917
Oppenheimer Capital Appreciation 7.834917 6.683829 4.38914 4.430793 2.909535
Oppenheimer Aggressive Growth 5.790336 5.847001 3.964654 3.458717 2.388112
Oppenheimer Strategic Bond 10.531279 11.042203 10.454112 #N/A 10.650173
Oppenheimer Global Securities 7.36434 6.404203 5.834006 #N/A 4.021974
Inception Dates Years since Inception
--------------- ---------------------
Morgan Stanley Fixed Income 1/2/97 2.907597536
Morgan Stanley Equity Growth 1/2/97 2.907597536
Morgan Stanley Value 1/2/97 2.907597536
Morgan Stanley Mid Cap Value 1/2/97 2.907597536
Morgan Stanley U.S. Real Estate 3/4/97 2.740588638
Morgan Stanley Global Equity 1/2/97 2.907597536
Morgan Stanley International Magnum 1/2/97 2.907597536
Fidelity Growth 10/9/86 13.14168378
Fidelity High Income 9/20/85 14.19301848
Fidelity Contrafund 1/3/95 4.906228611
Fidelity Equity Income 10/23/86 13.10335387
MFS Emerging Growth 7/24/95 4.353182752
MFS Growth and Income 10/9/95 4.142368241
MFS New Discovery 4/29/98 1.587953457
Dreyfus Growth & Income 5/2/94 5.579739904
Dreyfus Money Market 8/31/90 9.248459959
Dreyfus Socially Responsible 10/7/93 6.146475017
Dreyfus Small Company Stock 4/30/96 3.58384668
Dreyfus Stock Index 9/29/89 10.16837782
American Century Balanced 5/1/91 8.583162218
American Century International 5/2/94 5.579739904
AIM Capital Appreciation 5/5/93 6.570841889
AIM Diversified Income 5/5/93 6.570841889
AIM Growth and Income 5/2/94 5.579739904
AIM Government Securities 5/5/93 6.570841889
AIM Growth 5/5/93 6.570841889
AIM International Equity 5/5/93 6.570841889
AIM Global Utilities 5/2/94 5.579739904
AIM Value 5/5/93 6.570841889
AIM Balanced 5/1/98 1.582477755
AIM High Yield 5/1/98 1.582477755
Goldman Sachs Growth and Income 1/12/98 1.880903491
Goldman Sachs CORE U.S. Equity 2/13/98 1.793292266
Goldman Sachs CORE Large Cap Growth 2/13/98 1.793292266
Goldman Sachs CORE Small Cap Equity 2/13/98 1.793292266
Goldman Sachs Capital Growth 4/30/98 1.585215606
Goldman Sachs Mid Cap Equity 4/30/98 1.585215606
Goldman Sachs International Equity 1/12/98 1.880903491
Goldman Sachs Global Income 1/12/98 1.880903491
Neuberger & Berman Guardian 11/3/97 2.072553046
Neuberger & Berman Mid-Cap Growth 11/3/97 2.072553046
Neuberger & Berman Partners 3/22/94 5.691991786
STI Capital Appreciation 10/2/95 4.161533196
STI Value 10/2/95 4.161533196
Federated Prime 11/21/94 5.023956194
MFS Research Series 7/26/95 4.34770705
Templeton Stock Fund 8/24/88 11.26625599
Templeton International 5/1/92 7.58110883
Templeton Developing Markets 3/4/96 3.739904175
Franklin Small Cap Investments 5/1/98 1.582477755
Mutual Shares Investment Fund 5/1/98 1.582477755
Oppenheimer Main Street Growth & Inco 7/5/95 4.405201916 me
Oppenheimer Capital Appreciation 4/3/85 14.65845311
Oppenheimer Aggressive Growth 8/15/86 13.29226557
Oppenheimer Strategic Bond 5/3/93 6.576317591
Oppenheimer Global Securities 11/12/90 9.048596851
Month to Date Three Months to Date Year to Date One Year n
------------- -------------------- ------------ -------- -
Morgan Stanley Fixed Income -0.14% 1.72% -2.44% -2.47%
Morgan Stanley Equity Growth 4.73% 11.22% 25.10% 34.37%
Morgan Stanley Value -2.42% -6.93% -5.16% -5.70%
Morgan Stanley Mid Cap Value 2.81% 0.99% 8.77% 17.62%
Morgan Stanley U.S. Real Estate -2.39% -9.34% -6.92% -6.07%
Morgan Stanley Global Equity 1.07% -2.09% 0.40% 3.10%
Morgan Stanley International Magnum 4.17% 4.32% 15.07% 16.37%
Fidelity Growth 5.82% 9.55% 23.03% 33.35%
Fidelity High Income 1.98% -0.31% 4.24% 3.47%
Fidelity Contrafund 3.82% 7.00% 12.46% 25.97%
Fidelity Equity Income -1.46% -1.44% 3.73% 6.83%
MFS Emerging Growth 14.91% 23.61% 36.38% 54.07%
MFS Growth and Income 0.11% 0.70% 0.12% 4.83%
MFS New Discovery 16.60% 24.18% 39.48% 56.26%
Dreyfus Growth & Income 2.56% 4.96% 10.23% 14.70%
Dreyfus Money Market 0.31% 0.83% 2.79% 3.08%
Dreyfus Socially Responsible 3.44% 8.77% 22.54% 27.29%
Dreyfus Small Company Stock 3.67% 4.73% 1.43% 8.43%
Dreyfus Stock Index -9.79% -6.98% -0.56% 5.05%
American Century Balanced 1.08% 2.76% 4.29% 8.58%
American Century International 15.10% 23.61% 33.87% 40.90%
AIM Capital Appreciation 8.43% 16.79% 22.26% 36.20%
AIM Diversified Income 0.14% 0.26% -3.70% -3.95%
AIM Growth and Income 4.01% 8.58% 18.48% 29.17%
AIM Government Securities -0.14% 0.97% -5.09% -2.33%
AIM Growth 6.47% 11.75% 21.01% 36.48%
AIM International Equity 12.63% 23.15% 30.31% 34.78%
AIM Global Utilities 7.14% 13.70% 19.51% 27.04%
AIM Value 4.75% 10.85% 20.67% 33.80%
AIM Balanced 3.43% 8.02% 10.15% 15.65%
AIM High Yield 2.45% -0.74% 5.80% 5.20%
Goldman Sachs Growth and Income 0.15% 0.49% 2.36% -2.41%
Goldman Sachs CORE U.S. Equity 2.07% 5.78% 15.92% 22.19%
Goldman Sachs CORE Large Cap Growth 5.40% 9.00% 20.60% 30.86%
Goldman Sachs CORE Small Cap Equity 5.47% 4.85% 4.90% 11.41%
Goldman Sachs Capital Growth 8.49% 15.54% 22.74% 31.53%
Goldman Sachs Mid Cap Equity 1.80% -6.63% -2.68% -2.36%
Goldman Sachs International Equity 6.86% 11.31% 19.80% 24.99%
Goldman Sachs Global Income 0.15% 0.49% 2.36% -2.41%
Neuberger & Berman Guardian 1.38% 7.02% 9.34% 14.40%
Neuberger & Berman Mid-Cap Growth 13.03% 23.10% 25.89% 42.90%
Neuberger & Berman Partners 0.55% -0.24% 2.32% 4.61%
STI Capital Appreciation 1.52% 1.91% 3.69% 9.92%
STI Value -2.82% -4.71% -1.10% -0.99%
Federated Prime 0.27% 0.80% 2.66% 2.91%
MFS Research Series 4.89% 7.99% 11.36% 19.16%
Templeton Stock Fund 5.78% 6.36% 17.76% 17.04%
Templeton International 3.74% 2.01% 11.65% 11.82%
Templeton Developing Markets 6.36% 3.62% 31.19% 29.00%
Franklin Small Cap Investments 10.31% 27.03% 45.43% 54.09%
Mutual Shares Investment Fund -0.14% -1.83% 4.69% 4.87%
Oppenheimer Main Street Growth & Income 1.30% 2.38% 11.84% 17.66%
Oppenheimer Capital Appreciation 4.74% 10.39% 16.62% 27.63%
Oppenheimer Aggressive Growth 13.55% 22.31% 51.72% 72.70%
Oppenheimer Strategic Bond 0.88% 2.09% -5.10% -5.04%
Oppenheimer Global Securities 12.61% 16.67% 28.21% 35.79%
Three Year Five Year Ten Year Inceptio
---------- --------- -------- --------
Morgan Stanley Fixed Income #N/A #N/A #N/A 4.01%
Morgan Stanley Equity Growth #N/A #N/A #N/A 25.23%
Morgan Stanley Value #N/A #N/A #N/A 2.97%
Morgan Stanley Mid Cap Value #N/A #N/A #N/A 20.38%
Morgan Stanley U.S. Real Estate #N/A #N/A #N/A -1.82%
Morgan Stanley Global Equity #N/A #N/A #N/A 10.16%
Morgan Stanley International Magnum #N/A #N/A #N/A 9.55%
Fidelity Growth 19.87% 22.35% 15.53% 14.92%
Fidelity High Income 0.70% 6.18% 9.07% 7.03%
Fidelity Contrafund 18.06% #N/A #N/A 22.62%
Fidelity Equity Income 9.20% 14.68% 11.74% 11.29%
MFS Emerging Growth 27.29% #N/A #N/A 27.73%
MFS Growth and Income 14.92% #N/A #N/A 18.27%
MFS New Discovery #N/A #N/A #N/A 24.17%
Dreyfus Growth & Income 12.32% 21.22% #N/A 18.54%
Dreyfus Money Market 3.26% 3.40% #N/A 3.22%
Dreyfus Socially Responsible 24.69% 24.81% #N/A 20.84%
Dreyfus Small Company Stock 6.35% #N/A #N/A 5.47%
Dreyfus Stock Index 17.13% 22.00% 14.08% 13.77%
American Century Balanced 9.68% 12.54% #N/A 9.34%
American Century International 23.03% 17.51% #N/A 14.57%
AIM Capital Appreciation 16.15% 20.23% #N/A 17.94%
AIM Diversified Income 1.88% 6.00% #N/A 4.28%
AIM Growth and Income 22.10% 23.64% #N/A 20.53%
AIM Government Securities 2.94% 4.84% #N/A 3.13%
AIM Growth 24.86% 25.31% #N/A 19.55%
AIM International Equity 16.47% 16.14% #N/A 14.41%
AIM Global Utilities 18.26% 17.80% #N/A 14.88%
AIM Value 24.25% 24.16% #N/A 20.37%
AIM Balanced #N/A #N/A #N/A 14.08%
AIM High Yield #N/A #N/A #N/A -2.15%
Goldman Sachs Growth and Income #N/A #N/A #N/A 2.12%
Goldman Sachs CORE U.S. Equity #N/A #N/A #N/A 15.96%
Goldman Sachs CORE Large Cap Growth #N/A #N/A #N/A 20.05%
Goldman Sachs CORE Small Cap Equity #N/A #N/A #N/A -3.73%
Goldman Sachs Capital Growth #N/A #N/A #N/A 22.16%
Goldman Sachs Mid Cap Equity #N/A #N/A #N/A -11.42%
Goldman Sachs International Equity #N/A #N/A #N/A 19.82%
Goldman Sachs Global Income #N/A #N/A #N/A 2.12%
Neuberger & Berman Guardian #N/A #N/A #N/A 21.10%
Neuberger & Berman Mid-Cap Growth #N/A #N/A #N/A 40.31%
Neuberger & Berman Partners 10.69% 18.54% #N/A 15.23%
STI Capital Appreciation 20.44% #N/A #N/A 22.10%
STI Value 9.55% #N/A #N/A 13.01%
Federated Prime 3.15% 3.21% #N/A 3.21%
MFS Research Series 16.26% #N/A #N/A 18.83%
Templeton Stock Fund 11.33% 13.53% 11.36% 11.01%
Templeton International 13.00% 13.04% #N/A 12.37%
Templeton Developing Markets -10.00% #N/A #N/A -10.54%
Franklin Small Cap Investments #N/A #N/A #N/A 19.64%
Mutual Shares Investment Fund #N/A #N/A #N/A 0.49%
Oppenheimer Main Street Growth & Income 10.26% #N/A #N/A 19.19%
Oppenheimer Capital Appreciation 14.37% 17.90% 8.48% 8.79%
Oppenheimer Aggressive Growth 19.59% 20.33% 11.20% 11.38%
Oppenheimer Strategic Bond -3.25% -0.88% #N/A -0.95%
Oppenheimer Global Securities 16.01% 11.38% #N/A 10.59%
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Enhanced Provider Variable Annuity
Returns as of 11/30/99
Non-Standardized Non-Standardized
Total Return Average Annual Total Return
One Three YTD One Three Five Since
Fund Name Month Month 1999 Year Year Year Inception
- --------------------------------------------------------------------------- -----------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
AIM International Equity 12.63% 23.15% 30.31% 34.78% 16.47% 16.14% 14.41%
AIM Balanced 3.43% 8.02% 10.15% 15.65% #N/A #N/A 14.08%
AIM Capital Appreciation 8.43% 16.79% 22.26% 36.20% 16.15% 20.23% 17.94%
AIM Growth 6.47% 11.75% 21.01% 36.48% 24.86% 25.31% 19.55%
AIM High Yield 2.45% -0.74% 5.80% 5.20% #N/A #N/A -2.15%
AIM Value 4.75% 10.85% 20.67% 33.80% 24.25% 24.16% 20.37%
AIM Global Utilities 7.14% 13.70% 19.51% 27.04% 18.26% 17.80% 14.88%
AIM Growth and Income 4.01% 8.58% 18.48% 29.17% 22.10% 23.64% 20.53%
AIM Diversified Income 0.14% 0.26% -3.70% -3.95% 1.88% 6.00% 4.28%
AIM Government Securities -0.14% 0.97% -5.09% -2.33% 2.94% 4.84% 3.13%
American Century Balanced 1.08% 2.76% 4.29% 8.58% 9.68% 12.54% 9.34%
American Century International 15.10% 23.61% 33.87% 40.90% 23.03% 17.51% 14.57%
Dreyfus Small Company Stock 3.67% 4.73% 1.43% 8.43% 6.35% #N/A 5.47%
Dreyfus Growth & Income 2.56% 4.96% 10.23% 14.70% 12.32% 21.22% 18.54%
Dreyfus Socially Responsible 3.44% 8.77% 22.54% 27.29% 24.69% 24.81% 20.84%
Dreyfus Stock Index -9.79% -6.98% -0.56% 5.05% 17.13% 22.00% 13.77%
Dreyfus Money Market 0.31% 0.83% 2.79% 3.08% 3.26% 3.40% 3.22%
Fidelity Growth 5.82% 9.55% 23.03% 33.35% 19.87% 22.35% 14.92%
Fidelity Contrafund 3.82% 7.00% 12.46% 25.97% 18.06% #N/A 22.62%
Fidelity High Income 1.98% -0.31% 4.24% 3.47% 0.70% 6.18% 7.03%
Fidelity Equity Income -1.46% -1.44% 3.73% 6.83% 9.20% 14.68% 11.29%
Goldman Sachs Growth and Income 0.15% 0.49% 2.36% -2.41% #N/A #N/A 2.12%
Goldman Sachs CORE U.S. Equity 2.07% 5.78% 15.92% 22.19% #N/A #N/A 15.96%
Goldman Sachs CORE Small Cap Equity 5.47% 4.85% 4.90% 11.41% #N/A #N/A -3.73%
Goldman Sachs CORE Large Cap Growth 5.40% 9.00% 20.60% 30.86% #N/A #N/A 20.05%
Goldman Sachs Mid Cap Equity 1.80% -6.63% -2.68% -2.36% #N/A #N/A -11.42%
Goldman Sachs Capital Growth 8.49% 15.54% 22.74% 31.53% #N/A #N/A 22.16%
Goldman Sachs International Equity 6.86% 11.31% 19.80% 24.99% #N/A #N/A 19.82%
Goldman Sachs Global Income 0.15% 0.49% 2.36% -2.41% #N/A #N/A 2.12%
MFS Emerging Growth 14.91% 23.61% 36.38% 54.07% 27.29% #N/A 27.73%
MFS Growth and Income 0.11% 0.70% 0.12% 4.83% 14.92% #N/A 18.27%
MFS New Discovery 16.60% 24.18% 39.48% 56.26% #N/A #N/A 24.17%
Morgan Stanley Fixed Income -0.14% 1.72% -2.44% -2.47% #N/A #N/A 4.01%
Morgan Stanley Equity Growth 4.73% 11.22% 25.10% 34.37% #N/A #N/A 25.23%
Morgan Stanley Value -2.42% -6.93% -5.16% -5.70% #N/A #N/A 2.97%
Morgan Stanley Mid Cap Value 2.81% 0.99% 8.77% 17.62% #N/A #N/A 20.38%
Morgan Stanley U.S. Real Estate -2.39% -9.34% -6.92% -6.07% #N/A #N/A -1.82%
Morgan Stanley Global Equity 1.07% -2.09% 0.40% 3.10% #N/A #N/A 10.16%
Morgan Stanley International Magnum 4.17% 4.32% 15.07% 16.37% #N/A #N/A 9.55%
Neuberger & Berman Guardian 1.38% 7.02% 9.34% 14.40% #N/A #N/A 21.10%
Neuberger & Berman Mid-Cap Growth 13.03% 23.10% 25.89% 42.90% #N/A #N/A 40.31%
Neuberger & Berman Partners 0.55% -0.24% 2.32% 4.61% 10.69% 18.54% 15.23%
STI Capital Appreciation 1.52% 1.91% 3.69% 9.92% 20.44% #N/A 22.10%
STI Value -2.82% -4.71% -1.10% -0.99% 9.55% #N/A 13.01%
Federated Prime 0.27% 0.80% 2.66% 2.91% 3.15% 3.21% 3.21%
MFS Research Series 4.89% 7.99% 11.36% 19.16% 16.26% #N/A 18.83%
Templeton Stock Fund 5.78% 6.36% 17.76% 17.04% 11.33% 13.53% 11.01%
Templeton International 3.74% 2.01% 11.65% 11.82% 13.00% 13.04% 12.37%
Templeton Developing Markets 6.36% 3.62% 31.19% 29.00% -10.00% #N/A -10.54%
Franklin Small Cap Investments 10.31% 27.03% 45.43% 54.09% #N/A #N/A 19.64%
Mutual Shares Investment Fund -0.14% -1.83% 4.69% 4.87% #N/A #N/A 0.49%
Oppenheimer Main Street Growth & Income 1.30% 2.38% 11.84% 17.66% 10.26% #N/A 19.19%
Oppenheimer Capital Appreciation 4.74% 10.39% 16.62% 27.63% 14.37% 17.90% 8.79%
Oppenheimer Aggressive Growth 13.55% 22.31% 51.72% 72.70% 19.59% 20.33% 11.38%
Oppenheimer Strategic Bond 0.88% 2.09% -5.10% -5.04% -3.25% -0.88% -0.95%
Oppenheimer Global Securities 12.61% 16.67% 28.21% 35.79% 16.01% 11.38% 10.59%
Standardized Total Return for
Surrendered Contracts
Quarter Ending Avg. Annual
Fund Name 9/30/99 One Year Since Inception
- ---------------------------------------- ---------------------------------------------
AIM International Equity -0.96% 29.61% 21.11%
AIM Balanced -7.94% 10.47% 12.45%
AIM Capital Appreciation -8.32% 31.03% 21.06%
AIM Growth -7.54% 31.30% 26.44%
AIM High Yield -6.42% 0.02% 3.19%
AIM Value -9.15% 28.63% 25.65%
AIM Global Utilities -6.43% 21.86% 15.72%
AIM Growth and Income -10.52% 23.99% 21.91%
AIM Diversified Income -5.76% -9.13% -4.38%
AIM Government Securities -4.85% -7.51% -1.16%
American Century Balanced -7.60% 3.40% 7.10%
American Century International -2.04% 35.73% 21.83%
Dreyfus Small Company Stock -12.79% 3.26% -5.03%
Dreyfus Growth & Income -12.70% 9.52% 7.67%
Dreyfus Socially Responsible -9.38% 22.12% 20.31%
Dreyfus Stock Index -11.86% -0.13% 10.14%
Dreyfus Money Market -4.42% -2.10% 1.19%
Fidelity Growth -8.32% 28.18% 18.28%
Fidelity Contrafund -10.38% 20.80% 14.27%
Fidelity High Income -9.19% -1.71% -6.81%
Fidelity Equity Income -14.24% 1.66% 1.37%
Goldman Sachs Growth and Income -5.48% -7.59% -5.70%
Goldman Sachs CORE U.S. Equity -10.94% 17.01% 18.95%
Goldman Sachs CORE Small Cap Equity -9.86% 6.24% 5.13%
Goldman Sachs CORE Large Cap Growth -8.30% 25.69% 28.41%
Goldman Sachs Mid Cap Equity -21.91% -7.53% -8.70%
Goldman Sachs Capital Growth -11.65% 26.36% 26.93%
Goldman Sachs International Equity -0.12% 19.82% 21.38%
Goldman Sachs Global Income -5.48% -7.59% -5.70%
MFS Emerging Growth -4.55% 48.89% 28.78%
MFS Growth and Income -14.34% -0.34% 10.67%
MFS New Discovery -11.46% 51.09% 50.98%
Morgan Stanley Fixed Income -5.18% -7.64% 3.07%
Morgan Stanley Equity Growth -6.34% 29.19% 21.22%
Morgan Stanley Value -20.68% -10.87% -6.58%
Morgan Stanley Mid Cap Value -11.95% 12.45% 9.66%
Morgan Stanley U.S. Real Estate -13.79% -11.24% -9.66%
Morgan Stanley Global Equity -8.75% -2.07% 0.13%
Morgan Stanley International Magnum -0.22% 11.20% 14.30%
Neuberger & Berman Guardian -21.22% 9.23% 13.43%
Neuberger & Berman Mid-Cap Growth -7.07% 37.73% 45.53%
Neuberger & Berman Partners -18.41% -0.56% 0.89%
STI Capital Appreciation -15.14% 4.75% 21.60%
STI Value -17.43% -6.16% 9.99%
Federated Prime -4.41% -2.27% 2.67%
MFS Research Series -12.04% 13.98% 18.33%
Templeton Stock Fund -7.97% 11.86% 10.96%
Templeton International -6.94% 6.65% 12.32%
Templeton Developing Markets -20.37% 23.82% -12.23%
Franklin Small Cap Investments -0.65% 48.91% 16.62%
Mutual Shares Investment Fund -15.68% -0.30% -2.84%
Oppenheimer Main Street Growth & Income -10.55% 12.49% 18.71%
Oppenheimer Capital Appreciation -10.36% 22.46% 8.73%
Oppenheimer Aggressive Growth -1.55% 67.53% 11.33%
Oppenheimer Strategic Bond -5.37% -10.22% -1.03%
Oppenheimer Global Securities -3.87% 30.62% 10.53%
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Glenbrook Provider - COMBO
Standardized Returns
Ten Year or
Fund One Year Five Year Since Inception
- --------------------------------------------------------------------------------------
<S> <C> <C> <C>
Morgan Stanley Fixed Income -7.64% #N/A 1.37%
Morgan Stanley Equity Growth 29.19% #N/A 21.22%
Morgan Stanley Value -10.87% #N/A -6.58%
Morgan Stanley Mid Cap Value 12.45% #N/A 9.66%
Morgan Stanley U.S. Real Estate -11.24% #N/A -9.66%
Morgan Stanley Global Equity -2.07% #N/A 0.13%
Morgan Stanley International Magnum 11.20% #N/A 14.30%
Fidelity Growth 28.18% 22.07% 15.48%
Fidelity High Income -1.71% 5.72% 9.03%
Fidelity Contrafund 20.80% #N/A 14.27%
Fidelity Equity Income 1.66% 14.33% 11.69%
MFS Emerging Growth 48.89% #N/A 28.78%
MFS Growth and Income -0.34% #N/A 10.67%
MFS New Discovery 51.09% #N/A 50.98%
Dreyfus Growth & Income 9.52% 20.94% 7.67%
Dreyfus Money Market -2.10% 2.88% 1.19%
Dreyfus Socially Responsible 22.12% 24.55% 20.31%
Dreyfus Small Company Stock 3.26% #N/A -5.03%
Dreyfus Stock Index -0.13% 21.73% 10.14%
American Century Balanced 3.40% 12.16% 7.10%
American Century International 35.73% 17.18% 21.83%
AIM Capital Appreciation 31.03% 19.93% 21.06%
AIM Diversified Income -9.13% 5.53% -4.38%
AIM Growth and Income 23.99% 23.37% 21.91%
AIM Government Securities -7.51% 4.35% -1.16%
AIM Growth 31.30% 25.05% 26.44%
AIM International Equity 29.61% 15.80% 21.11%
AIM Global Utilities 21.86% 17.47% 15.72%
AIM Value 28.63% 23.89% 25.65%
AIM Balanced 10.47% #N/A 12.45%
AIM High Yield 0.02% #N/A 3.19%
Goldman Sachs Growth and Income -7.59% #N/A -5.70%
Goldman Sachs CORE U.S. Equity 17.01% #N/A 18.95%
Goldman Sachs CORE Large Cap Growth 25.69% #N/A 28.41%
Goldman Sachs CORE Small Cap Equity 6.24% #N/A 5.13%
Goldman Sachs Capital Growth 26.36% #N/A 26.93%
Goldman Sachs Mid Cap Equity -7.53% #N/A -8.70%
Goldman Sachs International Equity 19.82% #N/A 21.38%
Goldman Sachs Global Income -7.59% #N/A -5.70%
Neuberger & Berman Guardian 9.23% #N/A 13.43%
Neuberger & Berman Mid-Cap Growth 37.73% #N/A 45.53%
Neuberger & Berman Partners -0.56% 18.23% 0.89%
STI Capital Appreciation 4.75% #N/A 21.60%
STI Value -6.16% #N/A 9.99%
Federated Prime -2.27% 2.68% 2.67%
MFS Research Series 13.98% #N/A 18.33%
Templeton Stock Fund 11.86% 13.16% 10.96%
Templeton International 6.65% 12.67% 12.32%
Templeton Developing Markets 23.82% #N/A -12.23%
Franklin Small Cap Investments 48.91% #N/A 16.62%
Mutual Shares Investment Fund -0.30% #N/A -2.84%
Oppenheimer Main Street Growth & Income 12.49% #N/A 18.71%
Oppenheimer Capital Appreciation 22.46% 17.59% 8.73%
Oppenheimer Aggressive Growth 67.53% 20.02% 11.33%
Oppenheimer Strategic Bond -10.22% -1.49% -1.03%
Oppenheimer Global Securities 30.62% 10.98% 10.53%
Non-Standardized Returns
Ten Year or
Fund One Year Five Year Since Inception
- --------------------------------------------------------------------------------------
Morgan Stanley Fixed Income -2.47% #N/A 4.01%
Morgan Stanley Equity Growth 34.37% #N/A 25.23%
Morgan Stanley Value -5.70% #N/A 2.97%
Morgan Stanley Mid Cap Value 17.62% #N/A 20.38%
Morgan Stanley U.S. Real Estate -6.07% #N/A -1.82%
Morgan Stanley Global Equity 3.10% #N/A 10.16%
Morgan Stanley International Magnum 16.37% #N/A 9.55%
Fidelity Growth 33.35% 22.35% 15.53%
Fidelity High Income 3.47% 6.18% 9.07%
Fidelity Contrafund 25.97% #N/A 22.62%
Fidelity Equity Income 6.83% 14.68% 11.74%
MFS Emerging Growth 54.07% #N/A 27.73%
MFS Growth and Income 4.83% #N/A 18.27%
MFS New Discovery 56.26% #N/A 24.17%
Dreyfus Growth & Income 14.70% 21.22% 18.54%
Dreyfus Money Market 3.08% 3.40% 3.22%
Dreyfus Socially Responsible 27.29% 24.81% 20.84%
Dreyfus Small Company Stock 8.43% #N/A 5.47%
Dreyfus Stock Index 5.05% 22.00% 14.08%
American Century Balanced 8.58% 12.54% 9.34%
American Century International 40.90% 17.51% 14.57%
AIM Capital Appreciation 36.20% 20.23% 17.94%
AIM Diversified Income -3.95% 6.00% 4.28%
AIM Growth and Income 29.17% 23.64% 20.53%
AIM Government Securities -2.33% 4.84% 3.13%
AIM Growth 36.48% 25.31% 19.55%
AIM International Equity 34.78% 16.14% 14.41%
AIM Global Utilities 27.04% 17.80% 14.88%
AIM Value 33.80% 24.16% 20.37%
AIM Balanced 15.65% #N/A 14.08%
AIM High Yield 5.20% #N/A -2.15%
Goldman Sachs Growth and Income -2.41% #N/A 2.12%
Goldman Sachs CORE U.S. Equity 22.19% #N/A 15.96%
Goldman Sachs CORE Large Cap Growth 30.86% #N/A 20.05%
Goldman Sachs CORE Small Cap Equity 11.41% #N/A -3.73%
Goldman Sachs Capital Growth 31.53% #N/A 22.16%
Goldman Sachs Mid Cap Equity -2.36% #N/A -11.42%
Goldman Sachs International Equity 24.99% #N/A 19.82%
Goldman Sachs Global Income -2.41% #N/A 2.12%
Neuberger & Berman Guardian 14.40% #N/A 21.10%
Neuberger & Berman Mid-Cap Growth 42.90% #N/A 40.31%
Neuberger & Berman Partners 4.61% 18.54% 15.23%
STI Capital Appreciation 9.92% #N/A 22.10%
STI Value -0.99% #N/A 13.01%
Federated Prime 2.91% 3.21% 3.21%
MFS Research Series 19.16% #N/A 18.83%
Templeton Stock Fund 17.04% 13.53% 11.36%
Templeton International 11.82% 13.04% 12.37%
Templeton Developing Markets 29.00% #N/A -10.54%
Franklin Small Cap Investments 54.09% #N/A 19.64%
Mutual Shares Investment Fund 4.87% #N/A 0.49%
Oppenheimer Main Street Growth & Income 17.66% #N/A 19.19%
Oppenheimer Capital Appreciation 27.63% 17.90% 8.48%
Oppenheimer Aggressive Growth 72.70% 20.33% 11.20%
Oppenheimer Strategic Bond -5.04% -0.88% -0.95%
Oppenheimer Global Securities 35.79% 11.38% 10.59%
</TABLE>
