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[LOGO] CANADA LIFE RONALD E. BEETTAM, F.S.A., F.C.I.A.
President
Canada Life Insurance Company
of America
P.O. Box 105662
Atlanta, GA 30348-5662
(770) 953-1959, x2861
(800) 905-1959
FAX: (800) 670-4836
August, 1999
Dear VariFund Policyowner:
Enclosed is the VariFund Semi-Annual Report for the period ending June
30, 1999. We encourage you to review this information and to refer to it
as needed throughout the year.
Please call your Registered Representative or Canada Life if you have any
questions.
Thank you for selecting VariFund for your financial needs.
Sincerely,
Ronald E. Beettam
Encl.
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VARIFUND(R) [LOGO] CANADA LIFE
A Variable Annuity INSURANCE COMPANY OF AMERICA
P.O. Box 105662
Atlanta, GA 30348-5662
(800) 905-1959
ADDITIONAL PREMIUM PAYMENT FORM
Please complete the following information:
OWNER:______________________ AMOUNT OF PREMIUM PAYMENT :
ANNUITANT:__________________ $____________
POLICY NO.:_________________
OWNER'S SSN/TIN:____________
IF YOU ARE CHANGING ALLOCATION
PLEASE COMPLETE THE FOLLOWING:
________ THIS PAYMENT ONLY
________ THIS PAYMENT AND ALL FUTURE PYMTS
________ RE-ALLOCATE ALL CURRENT ASSETS
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<S> <C> <C>
CLASF INT'L EQUITY 10/30 ____% FIDELITY HIGH INCOME 18/38 ____% DREYFUS GROWTH & INC 80/90 ____%
CLASF MONEY MARKET 11/31 ____% FIDELITY INDEX 500 20/40 ____% DREYFUS SOCIAL RESPON 81/91 ____%
CLASF MANAGED 12/32 ____% FIDELITY OVERSEAS 19/39 ____% MONTGOMERY EMERG MKT 86/96 ____%
CLASF BOND 13/33 ____% ALGER GROWTH 83/93 ____% MONTGOMERY GROWTH 87/97 ____%
CLASF VALUE EQUITY 14/34 ____% ALGER LEVER ALLCAP 85/95 ____% SELIGMAN COMM & INFO 50/70 ____%
CLASF CAPITAL 15/35 ____% ALGER MIDCAP 84/94 ____% SELIGMAN FRONTIER 51/71 ____%
FIDELITY ASSET MGR 16/36 ____% ALGER SMALL CAP 82/92 ____%
FIDELITY CONTRAFUND 52/72 ____% BERGER/BIAM IPT INT'L 88/98 ____%
FIDELITY GROWTH 17/37 ____% BERGER/BIAM SM. CO GR 89/99 ____%
FIDELITY GROWTH OPPS 53/73 ____% DREYFUS CAP'L APPR. 46/47 ____%
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Fixed Account Options*
<S> <C> <C> <C> <C>
% 1 Yr. (301) % 3 Yr. (303) % 5 Yr. (305) % 7 Yr. (307) % 10 Yr. (310)
- ----- ------- ------ --------- ---------
*The Fixed Accounts and/or the Guarantee Periods may not be available in all states.
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Total allocation must equal 100%
OWNER'S SIGNATURE ___________________________ DATE _______________
JOINT OWNER'S SIGNATURE ___________________________ DATE _______________
PLEASE MAKE CHECKS PAYABLE TO CANADA LIFE INSURANCE COMPANY OF NEW YORK
INFORMATION FOR QUALIFIED POLICY CONTRIBUTIONS
(THIS SECTION MUST BE COMPLETED)
IS THIS A ROLLOVER? _____YES _____NO
IF YES, WHAT TYPE? ______________________ PLEASE NOTE: CONTRIBUTIONS FOR PRIOR
TAX YEAR CANNOT BE MADE
CONTRIBUTION $___________ FOR __________ AFTER APRIL 15TH OF THE
CURRENT TAX YEAR.
CONTRIBUTION $___________ FOR __________
PLEASE DIRECT ANY QUESTIONS REGARDING YOUR POLICY TO YOUR REGISTERED
REPRESENTATIVE OR TO OUR VARIABLE ANNUITY DEPARTMENT AT (800) 905-1959.
Our Variable Annuity Administrators cannot advise you on the suitability of your
payment. Please contact your Registered Representative to discuss suitability
issues prior to submitting your additional premium payment.
Variable Annuities are issued by Canada Life Insurance Company of New York and
offered through its affiliate, Canada Life of America Financial Services, Inc.
(member NASD).
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The attacjhed are incorprated by reference herein to the semi-annual reports
filed on behalf of the following:Canada LifeFinancial Printing GroupThe attached
are incorporated by reference herein to the semi-annual reports filed by and on
behalf of the following:
The Alger American Fund, filed June 30,1999
Portfolios which include: Alger American Small Capitalization; Alger
American Growth; Alger American MidCap Growth; and Alger American Leveraged
AllCap
Berger Institutional Products Trust, filed August 20, 1999
Portfolios which include: Berger/BIAM IPT-International Fund; Small Company
Growth
Canada Life of America Series Fund, Inc., filed August 20, 1999
Portfolios which include: Money Market; Managed; Bond; Value Equity,
International Equity; and Capital.
Dreyfus Variable Investment Fund, filed August 30, 1999
Portfolios which include: Dreyfus Growth and Income; Dreyfus Capital
Appreciation
The Dreyfus Socially Responsible Growth Fund, Inc., filed August 30, 1999
Portfolios which include: Dreyfus Socially Responsible
Fidelity Investments Variable Insurance Products Fund, filed August 25, 1999
Portfolios which include: Fidelity VIP Growth
Fidelity Investments Variable Insurance Products Fund, filed August 25, 1999
Portfolios which include: Fidelity VIP High Income
Fidelity Investments Variable Insurance Products Fund, filed August 25, 1999
Portfolios which include: Fidelity VIP Overseas
Fidelity Investments Variable Insurance Products Fund II, filed August 25, 1999
Portfolios which include: Fidelity VIP II Asset Manager
Fidelity Investments Variable Insurance Products Fund II, filed August 25, 1999
Portfolios which include: Fidelity VIP II Index 500; Fidelity VIP II
Contrafund
Seligman Portfolios, Inc., filed August 31, 1999
Portfolios which include: Communications and Information; and Frontier
The Montgomery Funds III, filed August 30, 1999
Portfolios which include: Montgomery Variable Series Emerging Markets Fund;
and Montgomery Variable Series Growth Fund