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Previous: COVA VARIABLE ANNUITY ACCOUNT FIVE, 485BPOS, EX-99.B10, 2000-08-31 |
Next: PACIFIC GLOBAL FUND INC, N-30D, 2000-08-31 |
Cova Variable Annuity Account Five
Part I 1 Year Return Data- Column A
As of 06/30/2000
<TABLE>
<CAPTION>
Sub-Account Transaction Amount Unit Transaction Unit Account
Value Units Balance Value
After After
Transaction Transaction
<S> <C> <C> <C> <C> <C> <C>
Cova Lord Abbett Growth and Income
06/30/99 purchase 1,000.00 39.095071 25.5787 25.5787 1,000.00
06/30/00 annual fee (1.00) 38.332363 (0.0261) 25.5526 979.49
06/30/00 surrender fee (45.00) 38.332363 (1.1739) 24.3787 934.49
Cova Bond Debenture
06/30/99 purchase 1,000.00 13.536178 73.8761 73.8761 1,000.00
06/30/00 annual fee (1.00) 13.863769 (0.0721) 73.8040 1,023.20
06/30/00 surrender fee (45.00) 13.863769 (3.2459) 70.5581 978.20
GACC Money Market
06/30/99 purchase 1,000.00 11.299208 88.5018 88.5018 1,000.00
06/30/00 annual fee (1.00) 11.796561 (0.0848) 88.4170 1,043.02
06/30/00 surrender fee (45.00) 11.796561 (3.8147) 84.6023 998.02
Cova Developing Growth
06/30/99 purchase 1,000.00 12.724207 78.5904 78.5904 1,000.00
06/30/00 annual fee (1.00) 12.662547 (0.0790) 78.5114 994.15
06/30/00 surrender fee (45.00) 12.662547 (3.5538) 74.9576 949.15
Cova Large Cap Research
06/30/99 purchase 1,000.00 13.320653 75.0714 75.0714 1,000.00
06/30/00 annual fee (1.00) 13.839381 (0.0723) 74.9991 1,037.94
06/30/00 surrender fee (45.00) 13.839381 (3.2516) 71.7475 992.94
<PAGE>
Cova Mid-Cap Value
06/30/99 purchase 1,000.00 11.560422 86.5020 86.5020 1,000.00
06/30/00 annual fee (1.00) 12.717054 (0.0786) 86.4234 1,099.05
06/30/00 surrender fee (45.00) 12.717054 (3.5386) 82.8848 1,054.05
Cova Quality Bond
06/30/99 purchase 1,000.00 11.582147 86.3398 86.3398 1,000.00
06/30/00 annual fee (1.00) 11.904337 (0.0840) 86.2558 1,026.82
06/30/00 surrender fee (45.00) 11.904337 (3.7801) 82.4757 981.82
Cova Small Cap Stock
06/30/99 purchase 1,000.00 13.249411 75.4751 75.4751 1,000.00
06/30/00 annual fee (1.00) 17.951629 (0.0557) 75.4194 1,353.90
06/30/00 surrender fee (45.00) 17.951629 (2.5067) 72.9127 1,308.90
Cova Large Cap Stock
06/30/99 purchase 1,000.00 21.760437 45.9550 45.9550 1,000.00
06/30/00 annual fee (1.00) 21.909614 (0.0456) 45.9094 1,005.86
06/30/00 surrender fee (45.00) 21.909614 (2.0539) 43.8555 960.86
Cova Select Equity
06/30/99 purchase 1,000.00 18.786819 53.2288 53.2288 1,000.00
06/30/00 annual fee (1.00) 18.072905 (0.0553) 53.1735 961.00
06/30/00 surrender fee (45.00) 18.072905 (2.4899) 50.6836 916.00
Cova International Equity
06/30/99 purchase 1,000.00 13.530210 73.9087 73.9087 1,000.00
06/30/00 annual fee (1.00) 15.563493 (0.0643) 73.8444 1,149.28
06/30/00 surrender fee (45.00) 15.563493 (2.8914) 70.9530 1,104.28
Russell Multi-Style Equity
06/30/99 purchase 1,000.00 14.186493 70.4896 70.4896 1,000.00
06/30/00 annual fee (1.00) 13.977885 (0.0715) 70.4181 984.30
06/30/00 surrender fee (45.00) 13.977885 (3.2194) 67.1987 939.30
Russell Aggressive Equity
06/30/99 purchase 1,000.00 10.032732 99.6737 99.6737 1,000.00
06/30/00 annual fee (1.00) 10.742768 (0.0931) 99.5806 1,069.77
06/30/00 surrender fee (45.00) 10.742768 (4.1889) 95.3917 1,024.77
Russell Non-U.S.
06/30/99 purchase 1,000.00 11.886482 84.1292 84.1292 1,000.00
06/30/00 annual fee (1.00) 13.922578 (0.0718) 84.0574 1,170.30
06/30/00 surrender fee (45.00) 13.922578 (3.2322) 80.8252 1,125.30
Russell Core Bond
06/30/99 purchase 1,000.00 10.439720 95.7880 95.7880 1,000.00
06/30/00 annual fee (1.00) 10.728280 (0.0932) 95.6948 1,026.64
06/30/00 surrender fee (45.00) 10.728280 (4.1945) 91.5003 981.64
</TABLE>
<PAGE>
<PAGE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C>
AIM V.I. Value
06/30/99 purchase 1,000.00 14.860062 67.2945 67.2945 1,000.00
06/30/00 annual fee (1.00) 16.587347 (0.0603) 67.2342 1,115.24
06/30/00 surrender fee (45.00) 16.587347 (2.7129) 64.5213 1,070.24
AIM V.I. Capital Appreciation
06/30/99 purchase 1,000.00 12.834364 77.9158 77.9158 1,000.00
06/30/00 annual fee (1.00) 18.086546 (0.0553) 77.8605 1,408.23
06/30/00 surrender fee (45.00) 18.086546 (2.4880) 75.3725 1,363.23
AIM V.I. International Equity
06/30/99 purchase 1,000.00 11.842406 84.4423 84.4423 1,000.00
06/30/00 annual fee (1.00) 15.455037 (0.0647) 84.3776 1,304.06
06/30/00 surrender fee (45.00) 15.455037 (2.9117) 81.4659 1,259.06
Alliance Premier Growth
06/30/99 purchase 1,000.00 16.423320 60.8890 60.8890 1,000.00
06/30/00 annual fee (1.00) 19.525610 (0.0512) 60.8378 1,187.90
06/30/00 surrender fee (45.00) 19.525610 (2.3047) 58.5331 1,142.89
Alliance Real Estate Investment
06/30/99 purchase 1,000.00 8.423121 118.7208 118.7208 1,000.00
06/30/00 annual fee (1.00) 8.620668 (0.1160) 118.6048 1,022.45
06/30/00 surrender fee (45.00) 8.620668 (5.2200) 113.3848 977.45
Liberty Newport Tiger, Variable Series
06/30/99 purchase 1,000.00 11.928849 83.8304 83.8304 1,000.00
06/30/00 annual fee (1.00) 15.234527 (0.0656) 83.7648 1,276.12
06/30/00 surrender fee (45.00) 15.234527 (2.9538) 80.8110 1,231.12
Goldman Sachs Growth & Income
06/30/99 purchase 1,000.00 10.869858 91.9975 91.9975 1,000.00
06/30/00 annual fee (1.00) 10.306101 (0.0970) 91.9005 947.14
06/30/00 surrender fee (45.00) 10.306101 (4.3663) 87.5342 902.14
Goldman Sachs International Equity
06/30/99 purchase 1,000.00 11.642518 85.8921 85.8921 1,000.00
06/30/00 annual fee (1.00) 14.506992 (0.0689) 85.8232 1,245.04
06/30/00 surrender fee (45.00) 14.506992 (3.1020) 82.7212 1,200.04
Goldman Sachs Global Income
06/30/99 purchase 1,000.00 10.584393 94.4787 94.4787 1,000.00
06/30/00 annual fee (1.00) 10.824830 (0.0924) 94.3863 1,021.72
06/30/00 surrender fee (45.00) 10.824830 (4.1571) 90.2292 976.72
Templeton Global Income Securities
06/30/99 purchase 1,000.00 9.938555 100.6182 100.6182 1,000.00
06/30/00 annual fee (1.00) 9.739731 (0.1027) 100.5155 978.99
<PAGE>
06/30/00 surrender fee (45.00) 9.739731 (4.6203) 95.8952 933.99
Kemper Dreman High Return Equity
06/30/99 purchase 1,000.00 11.040000 90.5797 90.5797 1,000.00
06/30/00 annual fee (1.00) 9.433000 (0.1060) 90.4737 853.44
06/30/00 surrender fee (45.00) 9.433000 (4.7705) 85.7032 808.44
Kemper Small Cap Growth
06/30/99 purchase 1,000.00 12.086038 82.7401 82.7401 1,000.00
06/30/00 annual fee (1.00) 16.768570 (0.0596) 82.6805 1,386.43
06/30/00 surrender fee (45.00) 16.768570 (2.6836) 79.9969 1,341.43
Kemper Small Cap Value
06/30/99 purchase 1,000.00 9.227261 108.3745 108.3745 1,000.00
06/30/00 annual fee (1.00) 8.658682 (0.1155) 108.2590 937.38
06/30/00 surrender fee (45.00) 8.658682 (5.1971) 103.0619 892.38
Kemper Government Securities
06/30/99 purchase 1,000.00 10.564382 94.6577 94.6577 1,000.00
06/30/00 annual fee (1.00) 10.896008 (0.0918) 94.5659 1,030.39
06/30/00 surrender fee (45.00) 10.896008 (4.1300) 90.4359 985.39
MFS Bond
06/30/99 purchase 1,000.00 10.356000 96.5624 96.5624 1,000.00
06/30/00 annual fee (1.00) 10.533000 (0.0949) 96.4675 1,016.09
06/30/00 surrender fee (45.00) 10.533000 (4.2723) 92.1952 971.09
MFS Research
06/30/99 purchase 1,000.00 13.165059 75.9586 75.9586 1,000.00
06/30/00 annual fee (1.00) 15.728023 (0.0636) 75.8950 1,193.68
06/30/00 surrender fee (45.00) 15.728023 (2.8611) 73.0339 1,148.68
MFS Growth with Income
06/30/99 purchase 1,000.00 12.692150 78.7889 78.7889 1,000.00
06/30/00 annual fee (1.00) 12.680932 (0.0789) 78.7100 998.12
06/30/00 surrender fee (45.00) 12.680932 (3.5486) 75.1614 953.12
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C>
MFS Emerging Growth
06/30/99 purchase 1,000.00 14.837048 67.3989 67.3989 1,000.00
06/30/00 annual fee (1.00) 22.392669 (0.0447) 67.3542 1,508.24
06/30/00 surrender fee (45.00) 22.392669 (2.0096) 65.3446 1,463.24
MFS Emerging Markets Equity
06/30/99 purchase 1,000.00 7.998729 125.0199 125.0199 1,000.00
06/30/00 annual fee (1.00) 8.490029 (0.1178) 124.9021 1,060.42
06/30/00 surrender fee (45.00) 8.490029 (5.3003) 119.6018 1,015.42
<PAGE>
MFS High Income
06/30/99 purchase 1,000.00 10.281026 97.2666 97.2666 1,000.00
06/30/00 annual fee (1.00) 10.306573 (0.0970) 97.1696 1,001.49
06/30/00 surrender fee (45.00) 10.306573 (4.3661) 92.8035 956.49
MFS Global Governments
06/30/99 purchase 1,000.00 10.283862 97.2397 97.2397 1,000.00
06/30/00 annual fee (1.00) 10.327628 (0.0968) 97.1429 1,003.26
06/30/00 surrender fee (45.00) 10.327628 (4.3572) 92.7857 958.26
Oppenheimer Capital Appreciation
06/30/99 purchase 1,000.00 14.082942 71.0079 71.0079 1,000.00
06/30/00 annual fee (1.00) 18.584199 (0.0538) 70.9541 1,318.63
06/30/00 surrender fee (45.00) 18.584199 (2.4214) 68.5327 1,273.63
Oppenheimer Main Street Growth & Income
06/30/99 purchase 1,000.00 11.772262 84.9454 84.9454 1,000.00
06/30/00 annual fee (1.00) 12.347253 (0.0810) 84.8644 1,047.84
06/30/00 surrender fee (45.00) 12.347253 (3.6445) 81.2199 1,002.84
Oppenheimer High Income
06/30/99 purchase 1,000.00 10.213444 97.9102 97.9102 1,000.00
06/30/00 annual fee (1.00) 10.055083 (0.0995) 97.8107 983.49
06/30/00 surrender fee (45.00) 10.055083 (4.4753) 93.3354 938.50
Oppenheimer Bond
06/30/99 purchase 1,000.00 10.301628 97.0720 97.0720 1,000.00
06/30/00 annual fee (1.00) 10.373713 (0.0964) 96.9756 1,006.00
06/30/00 surrender fee (45.00) 10.373713 (4.3379) 92.6377 961.00
Oppenheimer Strategic Bond
06/30/99 purchase 1,000.00 10.108287 98.9287 98.9287 1,000.00
06/30/00 annual fee (1.00) 10.415097 (0.0960) 98.8327 1,029.35
06/30/00 surrender fee (45.00) 10.415097 (4.3207) 94.5120 984.35
Putnam VT Growth & Income
06/30/99 purchase 1,000.00 12.525638 79.8363 79.8363 1,000.00
06/30/00 annual fee (1.00) 11.010732 (0.0908) 79.7455 878.06
06/30/00 surrender fee (45.00) 11.010732 (4.0869) 75.6586 833.06
Putnam VT New Value
06/30/99 purchase 1,000.00 11.916467 83.9175 83.9175 1,000.00
06/30/00 annual fee (1.00) 10.616631 (0.0942) 83.8233 889.92
06/30/00 surrender fee (45.00) 10.616631 (4.2386) 79.5847 844.92
Putnam VT Vista
06/30/99 purchase 1,000.00 13.219555 75.6455 75.6455 1,000.00
06/30/00 annual fee (1.00) 20.545155 (0.0487) 75.5968 1,553.15
06/30/00 surrender fee (45.00) 20.545155 (2.1903) 73.4065 1,508.15
Putnam VT International Growth
06/30/99 purchase 1,000.00 13.087306 76.4099 76.4099 1,000.00
<PAGE>
06/30/00 annual fee (1.00) 18.510367 (0.0540) 76.3559 1,413.38
06/30/00 surrender fee (45.00) 18.510367 (2.4311) 73.9248 1,368.38
Putnam VT International New Opportunities
06/30/99 purchase 1,000.00 13.558702 73.7534 73.7534 1,000.00
06/30/00 annual fee (1.00) 19.194182 (0.0521) 73.7013 1,414.64
06/30/00 surrender fee (45.00) 19.194182 (2.3445) 71.3568 1,369.64
Franklin Small Cap
06/30/99 purchase 1,000.00 11.157357 89.6270 89.6270 1,000.00
06/30/00 annual fee (1.00) 18.368325 (0.0544) 89.5726 1,645.30
06/30/00 surrender fee (45.00) 18.368325 (2.4499) 87.1227 1,600.30
Templeton Growth Securities
06/30/99 purchase 1,000.00 15.147160 66.0190 66.0190 1,000.00
06/30/00 annual fee (1.00) 13.694404 (0.0730) 65.9460 903.09
06/30/00 surrender fee (45.00) 13.694404 (3.2860) 62.6600 858.09
Templeton International Securities
06/30/99 purchase 1,000.00 10.024137 99.7592 99.7592 1,000.00
06/30/00 annual fee (1.00) 11.144004 (0.0897) 99.6695 1,110.72
06/30/00 surrender fee (45.00) 11.144004 (4.0380) 95.6315 1,065.72
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C>
Templeton Developing Markets Securities
06/30/99 purchase 1,000.00 10.757350 92.9597 92.9597 1,000.00
06/30/00 annual fee (1.00) 9.467613 (0.1056) 92.8541 879.11
06/30/00 surrender fee (45.00) 9.467613 (4.7530) 88.1011 834.11
Templeton Mutual Shares Securities
06/30/99 purchase 1,000.00 11.122162 89.9106 89.9106 1,000.00
06/30/00 annual fee (1.00) 10.413965 (0.0960) 89.8146 935.33
06/30/00 surrender fee (45.00) 10.413965 (4.3211) 85.4935 890.33
Fidelity VIP Growth
06/30/99 purchase 1,000.00 14.907940 67.0783 67.0783 1,000.00
06/30/00 annual fee (1.00) 18.559230 (0.0539) 67.0244 1,243.92
06/30/00 surrender fee (45.00) 18.559230 (2.4247) 64.5997 1,198.92
Fidelity VIP II Contrafund
06/30/99 purchase 1,000.00 13.740706 72.7765 72.7765 1,000.00
06/30/00 annual fee (1.00) 14.930844 (0.0670) 72.7095 1,085.61
06/30/00 surrender fee (45.00) 14.930844 (3.0139) 69.6956 1,040.61
Fidelity VIP III Growth Opportunities
06/30/99 purchase 1,000.00 12.492249 80.0496 80.0496 1,000.00
06/30/00 annual fee (1.00) 11.618022 (0.0861) 79.9635 929.02
<PAGE>
06/30/00 surrender fee (45.00) 11.618022 (3.8733) 76.0902 884.02
Fidelity VIP III Growth & Income
06/30/99 purchase 1,000.00 13.141588 76.0943 76.0943 1,000.00
06/30/00 annual fee (1.00) 12.814443 (0.0780) 76.0163 974.11
06/30/00 surrender fee (45.00) 12.814443 (3.5117) 72.5046 929.11
Fidelity VIP Equity-Income
06/30/99 purchase 1,000.00 11.954405 83.6512 83.6512 1,000.00
06/30/00 annual fee (1.00) 10.821363 (0.0924) 83.5588 904.22
06/30/00 surrender fee (45.00) 10.821363 (4.1584) 79.4004 859.22
Franklin Large Cap Growth Securities
06/30/99 purchase 1,000.00 13.316129 75.0969 75.0969 1,000.00
06/30/00 annual fee (1.00) 16.270512 (0.0615) 75.0354 1,220.86
06/30/00 surrender fee (45.00) 16.270512 (2.7657) 72.2697 1,175.87
</TABLE>
<PAGE>
Cova Variable Annuity Account Five
Part I 1 Year Returns- Column A
06/30/00
<TABLE>
<CAPTION>
Sub-Account Total Account Initial
Return Value Investment
<S> <C> <C> <C>
Cova Lord Abbett Growth and Income -6.55% 934.49 1,000.00
Cova Bond Debenture -2.18% 978.20 1,000.00
GACC Money Market -0.20% 998.02 1,000.00
Cova Developing Growth -5.09% 949.15 1,000.00
Cova Large Cap Research -0.71% 992.94 1,000.00
Cova Mid-Cap Value 5.40% 1,054.05 1,000.00
Cova Quality Bond -1.82% 981.82 1,000.00
Cova Small Cap Stock 30.89% 1,308.90 1,000.00
Cova Large Cap Stock -3.91% 960.86 1,000.00
Cova Select Equity -8.40% 916.00 1,000.00
Cova International Equity 10.43% 1,104.28 1,000.00
Russell Multi-Style Equity -6.07% 939.30 1,000.00
Russell Aggressive Equity 2.48% 1,024.77 1,000.00
Russell Non-U.S. 12.53% 1,125.30 1,000.00
Russell Core Bond -1.84% 981.64 1,000.00
AIM V.I. Value 7.02% 1,070.24 1,000.00
AIM V.I. Capital Appreciation 36.32% 1,363.23 1,000.00
AIM V.I. International Equity 25.91% 1,259.06 1,000.00
Alliance Premier Growth 14.29% 1,142.89 1,000.00
Alliance Real Estate Investment -2.26% 977.45 1,000.00
Liberty Newport Tiger, Variable Series 23.11% 1,231.12 1,000.00
Goldman Sachs Growth & Income -9.79% 902.14 1,000.00
Goldman Sachs International Equity 20.00% 1,200.04 1,000.00
<PAGE>
Goldman Sachs Global Income -2.33% 976.72 1,000.00
Templeton Global Income Securities -6.60% 933.99 1,000.00
Kemper Dreman High Return Equity -19.16% 808.44 1,000.00
Kemper Small Cap Growth 34.14% 1,341.43 1,000.00
Kemper Small Cap Value -10.76% 892.38 1,000.00
Kemper Government Securities -1.46% 985.39 1,000.00
MFS Bond -2.89% 971.09 1,000.00
MFS Research 14.87% 1,148.68 1,000.00
MFS Growth with Income -4.69% 953.12 1,000.00
MFS Emerging Growth 46.32% 1,463.24 1,000.00
MFS Emerging Markets Equity 1.54% 1,015.42 1,000.00
MFS High Income -4.35% 956.49 1,000.00
MFS Global Governments -4.17% 958.26 1,000.00
Oppenheimer Capital Appreciation 27.36% 1,273.63 1,000.00
Oppenheimer Main Street Growth & Income 0.28% 1,002.84 1,000.00
Oppenheimer High Income -6.15% 938.50 1,000.00
Oppenheimer Bond -3.90% 961.00 1,000.00
Oppenheimer Strategic Bond -1.56% 984.35 1,000.00
Putnam VT Growth & Income -16.69% 833.06 1,000.00
Putnam VT New Value -15.51% 844.92 1,000.00
Putnam VT Vista 50.82% 1,508.15 1,000.00
Putnam VT International Growth 36.84% 1,368.38 1,000.00
Putnam VT International New Opportunities 36.96% 1,369.64 1,000.00
Franklin Small Cap 60.03% 1,600.30 1,000.00
Templeton Growth Securities -14.19% 858.09 1,000.00
Templeton International Securities 6.57% 1,065.72 1,000.00
Templeton Developing Markets Securities -16.59% 834.11 1,000.00
Templeton Mutual Shares Securities -10.97% 890.33 1,000.00
Fidelity VIP Growth 19.89% 1,198.92 1,000.00
Fidelity VIP II Contrafund 4.06% 1,040.61 1,000.00
Fidelity VIP III Growth Opportunities -11.60% 884.02 1,000.00
Fidelity VIP III Growth & Income -7.09% 929.11 1,000.00
Fidelity VIP Equity-Income -14.08% 859.22 1,000.00
Franklin Large Cap Growth Securities 17.59% 1,175.87 1,000.00
</TABLE>
<PAGE>
Cova Variable Annuity Account Five
Part I Inception Return Data- Column A
As of 06/30/2000
<TABLE>
<CAPTION>
Sub-Account Transaction Amount Unit Transaction Unit Account
Value Units Balance Value
After After
Transaction Transaction
<S> <C> <C> <C> <C> <C> <C>
Cova Lord Abbett Growth and Income 1.48 yrs
01/08/99 purchase 1,000.00 35.903763 27.8522 27.8522 1,000.00
<PAGE>
01/10/00 annual fee (1.00) 39.326106 (0.0254) 27.8268 1,094.32
06/30/00 annual fee (1.00) 38.332363 (0.0261) 27.8261 1,066.64
06/30/00 surrender fee (45.00) 38.332363 (1.1739) 26.6522 1,021.64
Cova Bond Debenture 4.12 yrs
05/20/96 purchase 1,000.00 10.146329 98.5578 98.5578 1,000.00
05/20/97 annual fee (1.00) 11.758378 (0.0850) 98.4728 1,157.88
05/20/98 annual fee (1.00) 13.473825 (0.0742) 98.3986 1,325.81
05/20/99 annual fee (1.00) 13.526840 (0.0739) 98.3247 1,330.02
05/20/00 annual fee (1.00) 13.483149 (0.0742) 98.2505 1,324.73
06/30/00 annual fee (1.00) 13.863769 (0.0721) 98.1784 1,361.12
06/30/00 surrender fee (45.00) 13.863769 (3.2459) 94.9325 1,316.12
GACC Money Market 2.57 yrs
12/04/97 purchase 1,000.00 10.630827 94.0661 94.0661 1,000.00
12/04/98 annual fee (1.00) 11.081985 (0.0902) 93.9759 1,041.44
12/06/99 annual fee (1.00) 11.489330 (0.0870) 93.8889 1,078.72
06/30/00 annual fee (1.00) 11.796561 (0.0848) 93.8041 1,106.57
06/30/00 surrender fee (45.00) 11.796561 (3.8147) 89.9894 1,061.57
Cova Developing Growth 2.65 yrs
11/07/97 purchase 1,000.00 10.830839 92.3290 92.3290 1,000.00
11/07/98 annual fee (1.00) 9.967264 (0.1003) 92.2287 919.27
11/08/99 annual fee (1.00) 12.101957 (0.0826) 92.1461 1,115.15
06/30/00 annual fee (1.00) 12.662547 (0.0790) 92.0671 1,165.80
06/30/00 surrender fee (45.00) 12.662547 (3.5538) 88.5133 1,120.80
Cova Large Cap Research 2.37 yrs
02/17/98 purchase 1,000.00 10.756077 92.9707 92.9707 1,000.00
02/17/99 annual fee (1.00) 11.579471 (0.0864) 92.8843 1,075.55
02/17/00 annual fee (1.00) 13.289115 (0.0752) 92.8091 1,233.35
06/30/00 annual fee (1.00) 13.839381 (0.0723) 92.7368 1,283.42
06/30/00 surrender fee (45.00) 13.839381 (3.2516) 89.4852 1,238.42
Cova Mid-Cap Value 2.65 yrs
11/07/97 purchase 1,000.00 10.048781 99.5146 99.5146 1,000.00
11/07/98 annual fee (1.00) 10.358485 (0.0965) 99.4181 1,029.82
11/08/99 annual fee (1.00) 10.863413 (0.0921) 99.3260 1,079.02
06/30/00 annual fee (1.00) 12.717054 (0.0786) 99.2474 1,262.13
06/30/00 surrender fee (45.00) 12.717054 (3.5386) 95.7088 1,217.13
Cova Quality Bond 4.12 yrs
05/20/96 purchase 1,000.00 9.951189 100.4905 100.4905 1,000.00
05/20/97 annual fee (1.00) 10.440361 (0.0958) 100.3947 1,048.16
05/20/98 annual fee (1.00) 11.413235 (0.0876) 100.3071 1,144.83
05/20/99 annual fee (1.00) 11.662580 (0.0857) 100.2214 1,168.84
05/20/00 annual fee (1.00) 11.552731 (0.0866) 100.1348 1,156.83
06/30/00 annual fee (1.00) 11.904337 (0.0840) 100.0508 1,191.04
06/30/00 surrender fee (45.00) 11.904337 (3.7801) 96.2707 1,146.04
Cova Small Cap Stock 4.13 yrs
05/15/96 purchase 1,000.00 10.905675 91.6954 91.6954 1,000.00
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05/15/97 annual fee (1.00) 10.995232 (0.0909) 91.6045 1,007.21
05/15/98 annual fee (1.00) 14.699217 (0.0680) 91.5365 1,345.51
05/15/99 annual fee (1.00) 12.606262 (0.0793) 91.4572 1,152.93
05/15/00 annual fee (1.00) 16.325536 (0.0613) 91.3959 1,492.09
06/30/00 annual fee (1.00) 17.951629 (0.0557) 91.3402 1,639.71
06/30/00 surrender fee (45.00) 17.951629 (2.5067) 88.8335 1,594.71
Cova Large Cap Stock 4.13 yrs
05/16/96 purchase 1,000.00 10.155238 98.4714 98.4714 1,000.00
05/16/97 annual fee (1.00) 12.753841 (0.0784) 98.3930 1,254.89
05/16/98 annual fee (1.00) 17.363858 (0.0576) 98.3354 1,707.48
05/16/99 annual fee (1.00) 20.716290 (0.0483) 98.2871 2,036.14
05/16/00 annual fee (1.00) 22.263518 (0.0449) 98.2422 2,187.22
06/30/00 annual fee (1.00) 21.909614 (0.0456) 98.1966 2,151.45
06/30/00 surrender fee (45.00) 21.909614 (2.0539) 96.1427 2,106.45
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<TABLE>
<S> <C> <C> <C> <C> <C> <C>
Cova Select Equity 4.13 yrs
05/15/96 purchase 1,000.00 10.151958 98.5032 98.5032 1,000.00
05/15/97 annual fee (1.00) 12.101835 (0.0826) 98.4206 1,191.07
05/15/98 annual fee (1.00) 16.090569 (0.0621) 98.3585 1,582.64
05/15/99 annual fee (1.00) 17.851686 (0.0560) 98.3025 1,754.87
05/15/00 annual fee (1.00) 18.278929 (0.0547) 98.2478 1,795.86
06/30/00 annual fee (1.00) 18.072905 (0.0553) 98.1925 1,774.62
06/30/00 surrender fee (45.00) 18.072905 (2.4899) 95.7026 1,729.62
Cova International Equity 4.13 yrs
05/14/96 purchase 1,000.00 10.098675 99.0229 99.0229 1,000.00
05/14/97 annual fee (1.00) 11.696691 (0.0855) 98.9374 1,157.24
05/14/98 annual fee (1.00) 13.129981 (0.0762) 98.8612 1,298.05
05/14/99 annual fee (1.00) 12.963950 (0.0771) 98.7841 1,280.63
05/14/00 annual fee (1.00) 15.409522 (0.0649) 98.7192 1,521.22
06/30/00 annual fee (1.00) 15.563493 (0.0643) 98.6549 1,535.41
06/30/00 surrender fee (45.00) 15.563493 (2.8914) 95.7635 1,490.41
Russell Multi-Style Equity 2.50 yrs
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee (1.00) 12.694810 (0.0788) 99.9212 1,268.48
12/31/99 annual fee (1.00) 14.719616 (0.0679) 99.8533 1,469.80
06/30/00 annual fee (1.00) 13.977885 (0.0715) 99.8497 1,395.69
06/30/00 surrender fee (45.00) 13.977885 (3.2194) 96.6303 1,350.69
Russell Aggressive Equity 2.50 yrs
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee (1.00) 9.963254 (0.1004) 99.8996 995.33
12/31/99 annual fee (1.00) 10.461908 (0.0956) 99.8040 1,044.14
06/30/00 annual fee (1.00) 10.742768 (0.0931) 99.8065 1,072.20
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06/30/00 surrender fee (45.00) 10.742768 (4.1889) 95.6176 1,027.20
Russell Non-U.S. 2.50 yrs
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee (1.00) 11.142092 (0.0897) 99.9103 1,113.21
12/31/99 annual fee (1.00) 14.706241 (0.0680) 99.8423 1,468.30
06/30/00 annual fee (1.00) 13.922578 (0.0718) 99.8385 1,390.01
06/30/00 surrender fee (45.00) 13.922578 (3.2322) 96.6063 1,345.01
Russell Core Bond 2.50 yrs
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee (1.00) 10.591175 (0.0944) 99.9056 1,058.12
12/31/99 annual fee (1.00) 10.419502 (0.0960) 99.8096 1,039.97
06/30/00 annual fee (1.00) 10.728280 (0.0932) 99.8124 1,070.82
06/30/00 surrender fee (45.00) 10.728280 (4.1945) 95.6179 1,025.82
Russell Real Estate Securities 1.00 yrs
07/01/99 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
06/30/00 annual fee (1.00) 10.437504 (0.0958) 99.9042 1,042.75
06/30/00 surrender fee (50.00) 10.437504 (4.7904) 95.1138 992.75
AIM V.I. Value 2.50 yrs
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee (1.00) 13.060203 (0.0766) 99.9234 1,305.02
12/31/99 annual fee (1.00) 16.748633 (0.0597) 99.8637 1,672.58
06/30/00 annual fee (1.00) 16.587347 (0.0603) 99.8631 1,656.46
06/30/00 surrender fee (45.00) 16.587347 (2.7129) 97.1502 1,611.46
AIM V.I. Capital Appreciation 2.50 yrs
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee (1.00) 11.770729 (0.0850) 99.9150 1,176.07
12/31/99 annual fee (1.00) 16.827440 (0.0594) 99.8556 1,680.31
06/30/00 annual fee (1.00) 18.086546 (0.0553) 99.8597 1,806.12
06/30/00 surrender fee (45.00) 18.086546 (2.4880) 97.3717 1,761.12
AIM V.I. International Equity 2.50 yrs
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee (1.00) 11.391449 (0.0878) 99.9122 1,138.14
12/31/99 annual fee (1.00) 17.458837 (0.0573) 99.8549 1,743.35
06/30/00 annual fee (1.00) 15.455037 (0.0647) 99.8475 1,543.15
06/30/00 surrender fee (45.00) 15.455037 (2.9117) 96.9358 1,498.15
Alliance Premier Growth 2.50 yrs
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee (1.00) 14.595485 (0.0685) 99.9315 1,458.55
12/31/99 annual fee (1.00) 19.075994 (0.0524) 99.8791 1,905.29
06/30/00 annual fee (1.00) 19.525610 (0.0512) 99.8803 1,950.22
06/30/00 surrender fee (45.00) 19.525610 (2.3047) 97.5756 1,905.22
Alliance Real Estate Investment 2.50 yrs
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee (1.00) 7.988435 (0.1252) 99.8748 797.84
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12/31/99 annual fee (1.00) 7.486033 (0.1336) 99.7412 746.67
06/30/00 annual fee (1.00) 8.620668 (0.1160) 99.7588 859.99
06/30/00 surrender fee (45.00) 8.620668 (5.2200) 94.5388 814.99
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<TABLE>
<S> <C> <C> <C> <C> <C> <C>
Liberty Newport Tiger, Variable Series 2.50 yrs
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee (1.00) 9.228765 (0.1084) 99.8916 921.88
12/31/99 annual fee (1.00) 15.397535 (0.0649) 99.8267 1,537.09
06/30/00 annual fee (1.00) 15.234527 (0.0656) 99.8260 1,520.80
06/30/00 surrender fee (45.00) 15.234527 (2.9538) 96.8722 1,475.80
Goldman Sachs Growth & Income 2.25 yrs
03/31/98 purchase 1,000.00 11.212646 89.1850 89.1850 1,000.00
03/31/99 annual fee (1.00) 9.987823 (0.1001) 89.0849 889.76
06/30/00 annual fee (1.00) 10.306101 (0.0970) 89.0880 918.15
06/30/00 surrender fee (45.00) 10.306101 (4.3663) 84.7217 873.15
Goldman Sachs International Equity 2.25 yrs
03/31/98 purchase 1,000.00 11.199710 89.2880 89.2880 1,000.00
03/31/99 annual fee (1.00) 11.253877 (0.0889) 89.1991 1,003.84
06/30/00 annual fee (1.00) 14.506992 (0.0689) 89.1302 1,293.01
06/30/00 surrender fee (45.00) 14.506992 (3.1020) 86.0282 1,248.01
Goldman Sachs Global Income 2.25 yrs
03/31/98 purchase 1,000.00 10.152000 98.5028 98.5028 1,000.00
03/31/99 purchase (1.00) 10.695661 (0.0935) 98.4093 1,052.55
06/30/00 annual fee (1.00) 10.824830 (0.0924) 98.3169 1,064.26
06/30/00 surrender fee (45.00) 10.824830 (4.1571) 94.1598 1,019.26
Templeton Global Income Securities 1.34 yrs
02/26/99 purchase 1,000.00 10.182630 98.2065 98.2065 1,000.00
02/29/00 purchase (1.00) 9.642433 (0.1037) 98.1028 945.95
06/30/00 annual fee (1.00) 9.739731 (0.1027) 98.0001 954.49
06/30/00 surrender fee (45.00) 9.739731 (4.6203) 93.3798 909.49
Kemper Dreman High Return Equity 2.13 yrs
05/15/98 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
05/15/99 annual fee (1.00) 10.887804 (0.0918) 99.9082 1,087.78
05/15/00 annual fee (1.00) 9.664000 (0.1035) 99.8047 964.51
06/30/00 annual fee (1.00) 9.433000 (0.1060) 99.6987 940.46
06/30/00 surrender fee (45.00) 9.433000 (4.7705) 94.9282 895.46
Kemper Small Cap Growth 2.50 yrs
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee (1.00) 11.676086 (0.0856) 99.9144 1,166.61
12/31/99 annual fee (1.00) 15.505196 (0.0645) 99.8499 1,548.19
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06/30/00 annual fee (1.00) 16.768570 (0.0596) 99.8548 1,674.42
06/30/00 surrender fee (45.00) 16.768570 (2.6836) 97.1712 1,629.42
Kemper Small Cap Value 2.50 yrs
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee (1.00) 8.753222 (0.1142) 99.8858 874.32
12/31/99 annual fee (1.00) 8.886027 (0.1125) 99.7733 886.59
06/30/00 annual fee (1.00) 8.658682 (0.1155) 99.7703 863.88
06/30/00 surrender fee (45.00) 8.658682 (5.1971) 94.5732 818.88
Kemper Government Securities 2.50 yrs
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee (1.00) 10.556498 (0.0947) 99.9053 1,054.65
12/31/99 annual fee (1.00) 10.558404 (0.0947) 99.8106 1,053.84
06/30/00 annual fee (1.00) 10.896008 (0.0918) 99.8135 1,087.57
06/30/00 surrender fee (45.00) 10.896008 (4.1300) 95.6835 1,042.57
MFS Bond 2.13 yrs
05/15/98 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
05/15/99 annual fee (1.00) 10.372959 (0.0964) 99.9036 1,036.30
05/15/00 annual fee (1.00) 10.202000 (0.0980) 99.8056 1,018.22
06/30/00 annual fee (1.00) 10.533000 (0.0949) 99.7107 1,050.25
06/30/00 surrender fee (45.00) 10.533000 (4.2723) 95.4384 1,005.25
MFS Research 2.50 yrs
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee (1.00) 12.172796 (0.0822) 99.9178 1,216.28
12/31/99 annual fee (1.00) 14.897867 (0.0671) 99.8507 1,487.56
06/30/00 annual fee (1.00) 15.728023 (0.0636) 99.8542 1,570.51
06/30/00 surrender fee (45.00) 15.728023 (2.8611) 96.9931 1,525.51
MFS Growth with Income 2.50 yrs
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee (1.00) 12.066568 (0.0829) 99.9171 1,205.66
12/31/99 annual fee (1.00) 12.703932 (0.0787) 99.8384 1,268.34
06/30/00 annual fee (1.00) 12.680932 (0.0789) 99.8382 1,266.04
06/30/00 surrender fee (45.00) 12.680932 (3.5486) 96.2896 1,221.04
MFS Emerging Growth 2.50 yrs
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee (1.00) 13.233235 (0.0756) 99.9244 1,322.32
12/31/99 annual fee (1.00) 23.079105 (0.0433) 99.8811 2,305.17
06/30/00 annual fee (1.00) 22.392669 (0.0447) 99.8797 2,236.57
06/30/00 surrender fee (45.00) 22.392669 (2.0096) 97.8701 2,191.57
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<TABLE>
<S> <C> <C> <C> <C> <C> <C>
MFS Emerging Markets Equity 2.50 yrs
<PAGE>
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee (1.00) 6.571830 (0.1522) 99.8478 656.18
12/31/99 annual fee (1.00) 8.967637 (0.1115) 99.7363 894.40
06/30/00 annual fee (1.00) 8.490029 (0.1178) 99.7300 846.71
06/30/00 surrender fee (45.00) 8.490029 (5.3003) 94.4297 801.71
MFS High Income 2.50 yrs
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee (1.00) 9.845193 (0.1016) 99.8984 983.52
12/31/99 annual fee (1.00) 10.352934 (0.0966) 99.8018 1,033.24
06/30/00 annual fee (1.00) 10.306573 (0.0970) 99.8014 1,028.61
06/30/00 surrender fee (45.00) 10.306573 (4.3661) 95.4353 983.61
MFS Global Governments 2.50 yrs
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee (1.00) 10.669943 (0.0937) 99.9063 1,065.99
12/31/99 annual fee (1.00) 10.252619 (0.0975) 99.8088 1,023.30
06/30/00 annual fee (1.00) 10.327628 (0.0968) 99.8095 1,030.80
06/30/00 surrender fee (45.00) 10.327628 (4.3572) 95.4523 985.80
Oppenheimer Capital Appreciation 2.50 yrs
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee (1.00) 12.232731 (0.0817) 99.9183 1,222.27
12/31/99 annual fee (1.00) 17.103249 (0.0585) 99.8598 1,707.93
06/30/00 annual fee (1.00) 18.584199 (0.0538) 99.8645 1,855.90
06/30/00 surrender fee (45.00) 18.584199 (2.4214) 97.4431 1,810.90
Oppenheimer Main Street Growth & Income 2.50 yrs
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee (1.00) 10.326519 (0.0968) 99.9032 1,031.65
12/31/99 annual fee (1.00) 12.409773 (0.0806) 99.8226 1,238.78
06/30/00 annual fee (1.00) 12.347253 (0.0810) 99.8222 1,232.53
06/30/00 surrender fee (45.00) 12.347253 (3.6445) 96.1777 1,187.53
Oppenheimer High Income 2.50 yrs
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee (1.00) 9.893828 (0.1011) 99.8989 988.38
12/31/99 annual fee (1.00) 10.189165 (0.0981) 99.8008 1,016.89
06/30/00 annual fee (1.00) 10.055083 (0.0995) 99.7994 1,003.49
06/30/00 surrender fee (45.00) 10.055083 (4.4753) 95.3241 958.49
Oppenheimer Bond 2.50 yrs
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee (1.00) 9.893828 (0.1011) 99.8989 988.38
12/31/99 annual fee (1.00) 10.246949 (0.0976) 99.8013 1,022.66
06/30/00 annual fee (1.00) 10.373713 (0.0964) 99.8025 1,035.32
06/30/00 surrender fee (45.00) 10.373713 (4.3379) 95.4646 990.32
Oppenheimer Strategic Bond 2.50 yrs
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee (1.00) 10.151332 (0.0985) 99.9015 1,014.13
12/31/99 annual fee (1.00) 10.306821 (0.0970) 99.8045 1,028.67
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06/30/00 annual fee (1.00) 10.415097 (0.0960) 99.8055 1,039.48
06/30/00 surrender fee (45.00) 10.415097 (4.3207) 95.4848 994.48
Putnam VT Growth & Income 2.50 yrs
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee (1.00) 11.382650 (0.0879) 99.9121 1,137.26
12/31/99 annual fee (1.00) 11.422706 (0.0875) 99.8246 1,140.27
06/30/00 annual fee (1.00) 11.010732 (0.0908) 99.8213 1,099.11
06/30/00 surrender fee (45.00) 11.010732 (4.0869) 95.7344 1,054.11
Putnam VT New Value 2.50 yrs
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee (1.00) 10.483517 (0.0954) 99.9046 1,047.35
12/31/99 annual fee (1.00) 10.379438 (0.0963) 99.8083 1,035.95
06/30/00 annual fee (1.00) 10.616631 (0.0942) 99.8104 1,059.65
06/30/00 surrender fee (45.00) 10.616631 (4.2386) 95.5718 1,014.65
Putnam VT Vista 2.50 yrs
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee (1.00) 11.785702 (0.0848) 99.9152 1,177.57
12/31/99 annual fee (1.00) 17.797452 (0.0562) 99.8590 1,777.24
06/30/00 annual fee (1.00) 20.545155 (0.0487) 99.8665 2,051.77
06/30/00 surrender fee (45.00) 20.545155 (2.1903) 97.6762 2,006.77
Putnam VT International Growth 2.50 yrs
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee (1.00) 11.707003 (0.0854) 99.9146 1,169.70
12/31/99 annual fee (1.00) 15.522808 (0.0644) 99.8502 1,549.96
06/30/00 annual fee (1.00) 18.510367 (0.0540) 99.8606 1,848.46
06/30/00 surrender fee (45.00) 18.510367 (2.4311) 97.4295 1,803.46
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<TABLE>
<S> <C> <C> <C> <C> <C> <C>
Putnam VT International New Opportunities 2.50 yrs
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee (1.00) 11.402252 (0.0877) 99.9123 1,139.23
12/31/99 annual fee (1.00) 22.858952 (0.0437) 99.8686 2,282.89
06/30/00 annual fee (1.00) 19.194182 (0.0521) 99.8602 1,916.73
06/30/00 surrender fee (45.00) 19.194182 (2.3445) 97.5157 1,871.73
Franklin Small Cap 1.34 yrs
02/26/99 purchase 1,000.00 9.166923 109.0879 109.0879 1,000.00
03/01/00 annual fee (1.00) 20.570862 (0.0486) 109.0393 2,243.03
06/30/00 annual fee (1.00) 18.368325 (0.0544) 108.9849 2,001.87
06/30/00 surrender fee (45.00) 18.368325 (2.4499) 106.5350 1,956.87
Templeton Growth Securities 1.42 yrs
01/29/99 purchase 1,000.00 13.409840 74.5721 74.5721 1,000.00
<PAGE>
03/02/00 annual fee (1.00) 13.617616 (0.0734) 74.4987 1,014.49
06/30/00 annual fee (1.00) 13.694404 (0.0730) 74.4257 1,019.22
06/30/00 surrender fee (45.00) 13.694404 (3.2860) 71.1397 974.22
Templeton International Securities 1.78 yrs
09/21/98 purchase 1,000.00 7.893131 126.6924 126.6924 1,000.00
09/21/99 annual fee (1.00) 9.858587 (0.1014) 126.5910 1,248.01
06/30/00 annual fee (1.00) 11.144004 (0.0897) 126.5013 1,409.73
06/30/00 surrender fee (45.00) 11.144004 (4.0380) 122.4633 1,364.73
Templeton Developing Markets Securities 1.78 yrs
09/21/98 purchase 1,000.00 5.645520 177.1316 177.1316 1,000.00
09/21/99 annual fee (1.00) 9.132548 (0.1095) 177.0221 1,616.66
06/30/00 annual fee (1.00) 9.467613 (0.1056) 176.9165 1,674.98
06/30/00 surrender fee (45.00) 9.467613 (4.7530) 172.1635 1,629.98
Templeton Mutual Shares Securities 2.17 yrs
04/30/98 purchase 1,000.00 10.775226 92.8055 92.8055 1,000.00
09/21/99 annual fee (1.00) 9.888972 (0.1011) 92.7044 916.75
06/30/00 annual fee (1.00) 10.413965 (0.0960) 92.6084 964.42
06/30/00 surrender fee (45.00) 10.413965 (4.3211) 88.2873 919.42
Fidelity VIP Growth 2.37 yrs
02/17/98 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
02/17/99 annual fee (1.00) 13.296297 (0.0752) 99.9248 1,328.63
02/17/00 annual fee (1.00) 18.274874 (0.0547) 99.8701 1,825.11
06/30/00 annual fee (1.00) 18.559230 (0.0539) 99.8162 1,852.51
06/30/00 surrender fee (45.00) 18.559230 (2.4247) 97.3915 1,807.51
Fidelity VIP II Contrafund 2.37 yrs
02/17/98 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
02/17/99 annual fee (1.00) 12.429231 (0.0805) 99.9195 1,241.92
02/17/00 annual fee (1.00) 15.151446 (0.0660) 99.8535 1,512.92
06/30/00 annual fee (1.00) 14.930844 (0.0670) 99.7865 1,489.90
06/30/00 surrender fee (45.00) 14.930844 (3.0139) 96.7726 1,444.90
Fidelity VIP III Growth Opportunities 2.37 yrs
02/17/98 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
02/17/99 annual fee (1.00) 11.255274 (0.0888) 99.9112 1,124.53
02/17/00 annual fee (1.00) 11.286930 (0.0886) 99.8226 1,126.69
06/30/00 annual fee (1.00) 11.618022 (0.0861) 99.7365 1,158.74
06/30/00 surrender fee (45.00) 11.618022 (3.8733) 95.8632 1,113.74
Fidelity VIP III Growth & Income 2.37 yrs
02/17/98 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
02/17/99 annual fee (1.00) 12.066871 (0.0829) 99.9171 1,205.69
02/17/00 annual fee (1.00) 12.314612 (0.0812) 99.8359 1,229.44
06/30/00 annual fee (1.00) 12.814443 (0.0780) 99.7579 1,278.34
06/30/00 surrender fee (45.00) 12.814443 (3.5117) 96.2462 1,233.34
Fidelity VIP Equity-Income 2.37 yrs
02/17/98 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
<PAGE>
02/17/99 annual fee (1.00) 10.322067 (0.0969) 99.9031 1,031.21
02/17/00 annual fee (1.00) 10.112557 (0.0989) 99.8042 1,009.28
06/30/00 annual fee (1.00) 10.821363 (0.0924) 99.7118 1,079.02
06/30/00 surrender fee (45.00) 10.821363 (4.1584) 95.5534 1,034.02
Franklin Large Cap Growth Securities 1.34 yrs
02/26/99 purchase 1,000.00 12.354470 80.9424 80.9424 1,000.00
03/01/00 annual fee (1.00) 15.866190 (0.0630) 80.8794 1,283.25
06/30/00 annual fee (1.00) 16.270512 (0.0615) 80.8179 1,314.95
06/30/00 surrender fee (45.00) 16.270512 (2.7657) 78.0522 1,269.95
American Century VP Income & Growth 0.61 yrs
11/19/99 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
06/30/00 annual fee (1.00) 9.884945 (0.1012) 99.8988 987.49
06/30/00 surrender fee (50.00) 9.884945 (5.0582) 94.8406 937.49
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C>
American Century VP International 0.61 yrs
11/19/99 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
06/30/00 annual fee (1.00) 11.711608 (0.0854) 99.9146 1,170.16
06/30/00 surrender fee (50.00) 11.711608 (4.2693) 95.6453 1,120.16
American Century VP Value 0.61 yrs
11/19/99 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
06/30/00 annual fee (1.00) 9.139577 (0.1094) 99.8906 912.96
06/30/00 surrender fee (50.00) 9.139577 (5.4707) 94.4199 862.96
Dreyfus Stock Index 0.61 yrs
11/19/99 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
06/30/00 annual fee (1.00) 10.217333 (0.0979) 99.9021 1,020.73
06/30/00 surrender fee (50.00) 10.217333 (4.8936) 95.0085 970.73
Dreyfus VIF Disciplined Stock 0.61 yrs
11/19/99 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
06/30/00 annual fee (1.00) 10.283599 (0.0972) 99.9028 1,027.36
06/30/00 surrender fee (50.00) 10.283599 (4.8621) 95.0407 977.36
Dreyfus VIF Capital Appreciation 0.61 yrs
11/19/99 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
06/30/00 annual fee (1.00) 10.349457 (0.0966) 99.9034 1,033.95
06/30/00 surrender fee (50.00) 10.349457 (4.8312) 95.0722 983.95
INVESCO VIF Dynamics 0.61 yrs
11/19/99 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
06/30/00 annual fee (1.00) 12.586676 (0.0794) 99.9206 1,257.67
06/30/00 surrender fee (50.00) 12.586676 (3.9725) 95.9481 1,207.67
<PAGE>
INVESCO VIF High Yield 0.61 yrs
11/19/99 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
06/30/00 annual fee (1.00) 9.920855 (0.1008) 99.8992 991.09
06/30/00 surrender fee (50.00) 9.920855 (5.0399) 94.8593 941.09
PIMCO High Yield Bond 0.61 yrs
11/19/99 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
06/30/00 annual fee (1.00) 9.928000 (0.1007) 99.8993 991.80
06/30/00 surrender fee (50.00) 9.928000 (5.0363) 94.8630 941.80
PIMCO Low Duration Bond 0.61 yrs
11/19/99 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
06/30/00 annual fee (1.00) 10.252000 (0.0975) 99.9025 1,024.20
06/30/00 surrender fee (50.00) 10.252000 (4.8771) 95.0254 974.20
PIMCO StocksPLUS Growth & Income 0.61 yrs
11/19/99 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
06/30/00 annual fee (1.00) 10.154000 (0.0985) 99.9015 1,014.40
06/30/00 surrender fee (50.00) 10.154000 (4.9242) 94.9773 964.40
PIMCO Total Return Bond 0.61 yrs
11/19/99 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
06/30/00 annual fee (1.00) 10.160983 (0.0984) 99.9016 1,015.10
06/30/00 surrender fee (50.00) 10.160983 (4.9208) 94.9808 965.10
Scudder International 0.61 yrs
11/19/99 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
06/30/00 annual fee (1.00) 10.295987 (0.0971) 99.9029 1,028.60
06/30/00 surrender fee (50.00) 10.295987 (4.8563) 95.0466 978.60
</TABLE>
<PAGE>
Cova Variable Annuity Account Five
Part I Inception Returns- Column A
6/30/00
<TABLE>
<CAPTION>
Sub-Account Annualized Account Initial
Inception Value Investment
Return
<S> <C> <C> <C>
Cova Lord Abbett Growth and Income 1.46% 1,021.64 1,000.00
Cova Bond Debenture 6.90% 1,316.12 1,000.00
GACC Money Market 2.35% 1,061.57 1,000.00
Cova Developing Growth 4.40% 1,120.80 1,000.00
Cova Large Cap Research 9.45% 1,238.42 1,000.00
Cova Mid-Cap Value 7.71% 1,217.13 1,000.00
Cova Quality Bond 3.37% 1,146.04 1,000.00
Cova Small Cap Stock 11.97% 1,594.71 1,000.00
Cova Large Cap Stock 19.79% 2,106.45 1,000.00
Cova Select Equity 14.19% 1,729.62 1,000.00
<PAGE>
Cova International Equity 10.14% 1,490.41 1,000.00
Russell Multi-Style Equity 12.78% 1,350.69 1,000.00
Russell Aggressive Equity 1.08% 1,027.20 1,000.00
Russell Non-U.S. 12.59% 1,345.01 1,000.00
Russell Core Bond 1.03% 1,025.82 1,000.00
Russell Real Estate Securities (1) -0.72% 992.75 1,000.00
AIM V.I. Value 21.04% 1,611.46 1,000.00
AIM V.I. Capital Appreciation 25.42% 1,761.12 1,000.00
AIM V.I. International Equity 17.56% 1,498.15 1,000.00
Alliance Premier Growth 29.43% 1,905.22 1,000.00
Alliance Real Estate Investment -7.86% 814.99 1,000.00
Liberty Newport Tiger, Variable Series 16.86% 1,475.80 1,000.00
Goldman Sachs Growth & Income -5.85% 873.15 1,000.00
Goldman Sachs International Equity 10.34% 1,248.01 1,000.00
Goldman Sachs Global Income 0.85% 1,019.26 1,000.00
Templeton Global Income Securities -6.82% 909.49 1,000.00
Kemper Dreman High Return Equity -5.05% 895.46 1,000.00
Kemper Small Cap Growth 21.58% 1,629.42 1,000.00
Kemper Small Cap Value -7.69% 818.88 1,000.00
Kemper Government Securities 1.68% 1,042.57 1,000.00
MFS Bond 0.25% 1,005.25 1,000.00
MFS Research 18.41% 1,525.51 1,000.00
MFS Growth with Income 8.32% 1,221.04 1,000.00
MFS Emerging Growth 36.89% 2,191.57 1,000.00
MFS Emerging Markets Equity -8.47% 801.71 1,000.00
MFS High Income -0.66% 983.61 1,000.00
MFS Global Governments -0.57% 985.80 1,000.00
Oppenheimer Capital Appreciation 26.83% 1,810.90 1,000.00
Oppenheimer Main Street Growth & Income 7.12% 1,187.53 1,000.00
Oppenheimer High Income -1.68% 958.49 1,000.00
Oppenheimer Bond -0.39% 990.32 1,000.00
Oppenheimer Strategic Bond -0.22% 994.48 1,000.00
Putnam VT Growth & Income 2.13% 1,054.11 1,000.00
Putnam VT New Value 0.58% 1,014.65 1,000.00
Putnam VT Vista 32.15% 2,006.77 1,000.00
Putnam VT International Growth 26.62% 1,803.46 1,000.00
Putnam VT International New Opportunities 28.52% 1,871.73 1,000.00
Franklin Small Cap 64.89% 1,956.87 1,000.00
Templeton Growth Securities -1.82% 974.22 1,000.00
Templeton International Securities 19.14% 1,364.73 1,000.00
Templeton Developing Markets Securities 31.68% 1,629.98 1,000.00
Templeton Mutual Shares Securities -3.80% 919.42 1,000.00
Fidelity VIP Growth 28.41% 1,807.51 1,000.00
Fidelity VIP II Contrafund 16.82% 1,444.90 1,000.00
Fidelity VIP III Growth Opportunities 4.66% 1,113.74 1,000.00
Fidelity VIP III Growth & Income 9.26% 1,233.34 1,000.00
Fidelity VIP Equity-Income 1.42% 1,034.02 1,000.00
Franklin Large Cap Growth Securities 19.48% 1,269.95 1,000.00
American Century VP Income & Growth (1) -6.25% 937.49 1,000.00
American Century VP International (1) 12.02% 1,120.16 1,000.00
American Century VP Value (1) -13.70% 862.96 1,000.00
Dreyfus Stock Index (1) -2.93% 970.73 1,000.00
<PAGE>
Dreyfus VIF Disciplined Stock (1) -2.26% 977.36 1,000.00
Dreyfus VIF Capital Appreciation (1) -1.61% 983.95 1,000.00
INVESCO VIF Dynamics (1) 20.77% 1,207.67 1,000.00
INVESCO VIF High Yield (1) -5.89% 941.09 1,000.00
PIMCO High Yield Bond (1) -5.82% 941.80 1,000.00
PIMCO Low Duration Bond (1) -2.58% 974.20 1,000.00
PIMCO StocksPLUS Growth & Income (1) -3.56% 964.40 1,000.00
PIMCO Total Return Bond (1) -3.49% 965.10 1,000.00
Scudder International (1) -2.14% 978.60 1,000.00
(1) not annualized
</TABLE>
<PAGE>
Cova Variable Annuity Account Five
Part I 1 Year Return Data- Column B
As of 06/30/2000
<TABLE>
<CAPTION>
Sub-Account Transaction Amount Unit Transaction Unit Account
Value Units Balance Value
After After
Transaction Transaction
<S> <C> <C> <C> <C> <C> <C>
Cova Lord Abbett Growth and Income
06/30/99 purchase 1,000.00 39.095071 25.5787 25.5787 1,000.00
06/30/00 annual fee 38.332363 - 25.5787 980.49
06/30/00 surrender fee 38.332363 - 25.5787 980.49
Cova Bond Debenture
06/30/99 purchase 1,000.00 13.536178 73.8761 73.8761 1,000.00
06/30/00 annual fee 13.863769 - 73.8761 1,024.20
06/30/00 surrender fee 13.863769 - 73.8761 1,024.20
GACC Money Market
06/30/99 purchase 1,000.00 11.299208 88.5018 88.5018 1,000.00
06/30/00 annual fee 11.796561 - 88.5018 1,044.02
06/30/00 surrender fee 11.796561 - 88.5018 1,044.02
Cova Developing Growth
06/30/99 purchase 1,000.00 12.724207 78.5904 78.5904 1,000.00
06/30/00 annual fee 12.662547 - 78.5904 995.15
06/30/00 surrender fee 12.662547 - 78.5904 995.15
Cova Large Cap Research
06/30/99 purchase 1,000.00 13.320653 75.0714 75.0714 1,000.00
06/30/00 annual fee 13.839381 - 75.0714 1,038.94
06/30/00 surrender fee 13.839381 - 75.0714 1,038.94
<PAGE>
Cova Mid-Cap Value
06/30/99 purchase 1,000.00 11.560422 86.5020 86.5020 1,000.00
06/30/00 annual fee 12.717054 - 86.5020 1,100.05
06/30/00 surrender fee 12.717054 - 86.5020 1,100.05
Cova Quality Bond
06/30/99 purchase 1,000.00 11.582147 86.3398 86.3398 1,000.00
06/30/00 annual fee 11.904337 - 86.3398 1,027.82
06/30/00 surrender fee 11.904337 - 86.3398 1,027.82
Cova Small Cap Stock
06/30/99 purchase 1,000.00 13.249411 75.4751 75.4751 1,000.00
06/30/00 annual fee 17.951629 - 75.4751 1,354.90
06/30/00 surrender fee 17.951629 - 75.4751 1,354.90
Cova Large Cap Stock
06/30/99 purchase 1,000.00 21.760437 45.9550 45.9550 1,000.00
06/30/00 annual fee 21.909614 - 45.9550 1,006.86
06/30/00 surrender fee 21.909614 - 45.9550 1,006.86
Cova Select Equity
06/30/99 purchase 1,000.00 18.786819 53.2288 53.2288 1,000.00
06/30/00 annual fee 18.072905 - 53.2288 962.00
06/30/00 surrender fee 18.072905 - 53.2288 962.00
Cova International Equity
06/30/99 purchase 1,000.00 13.530210 73.9087 73.9087 1,000.00
06/30/00 annual fee 15.563493 - 73.9087 1,150.28
06/30/00 surrender fee 15.563493 - 73.9087 1,150.28
Russell Multi-Style Equity
06/30/99 purchase 1,000.00 14.186493 70.4896 70.4896 1,000.00
06/30/00 annual fee 13.977885 - 70.4896 985.30
06/30/00 surrender fee 13.977885 - 70.4896 985.30
Russell Aggressive Equity
06/30/99 purchase 1,000.00 10.032732 99.6737 99.6737 1,000.00
06/30/00 annual fee 10.742768 - 99.6737 1,070.77
06/30/00 surrender fee 10.742768 - 99.6737 1,070.77
Russell Non-U.S.
06/30/99 purchase 1,000.00 11.886482 84.1292 84.1292 1,000.00
06/30/00 annual fee 13.922578 - 84.1292 1,171.30
06/30/00 surrender fee 13.922578 - 84.1292 1,171.30
Russell Core Bond
06/30/99 purchase 1,000.00 10.439720 95.7880 95.7880 1,000.00
06/30/00 annual fee 10.728280 - 95.7880 1,027.64
06/30/00 surrender fee 10.728280 - 95.7880 1,027.64
</TABLE>
<PAGE>
<PAGE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C>
AIM V.I. Value
06/30/99 purchase 1,000.00 14.860062 67.2945 67.2945 1,000.00
06/30/00 annual fee 16.587347 - 67.2945 1,116.24
06/30/00 surrender fee 16.587347 - 67.2945 1,116.24
AIM V.I. Capital Appreciation
06/30/99 purchase 1,000.00 12.834364 77.9158 77.9158 1,000.00
06/30/00 annual fee 18.086546 - 77.9158 1,409.23
06/30/00 surrender fee 18.086546 - 77.9158 1,409.23
AIM V.I. International Equity
06/30/99 purchase 1,000.00 11.842406 84.4423 84.4423 1,000.00
06/30/00 annual fee 15.455037 - 84.4423 1,305.06
06/30/00 surrender fee 15.455037 - 84.4423 1,305.06
Alliance Premier Growth
06/30/99 purchase 1,000.00 16.423320 60.8890 60.8890 1,000.00
06/30/00 annual fee 19.525610 - 60.8890 1,188.89
06/30/00 surrender fee 19.525610 - 60.8890 1,188.89
Alliance Real Estate Investment
06/30/99 purchase 1,000.00 8.423121 118.7208 118.7208 1,000.00
06/30/00 annual fee 8.620668 - 118.7208 1,023.45
06/30/00 surrender fee 8.620668 - 118.7208 1,023.45
Liberty Newport Tiger, Variable Series
06/30/99 purchase 1,000.00 11.928849 83.8304 83.8304 1,000.00
06/30/00 annual fee 15.234527 - 83.8304 1,277.12
06/30/00 surrender fee 15.234527 - 83.8304 1,277.12
Goldman Sachs Growth & Income
06/30/99 purchase 1,000.00 10.869858 91.9975 91.9975 1,000.00
06/30/00 annual fee 10.306101 - 91.9975 948.14
06/30/00 surrender fee 10.306101 - 91.9975 948.14
Goldman Sachs International Equity
06/30/99 purchase 1,000.00 11.642518 85.8921 85.8921 1,000.00
06/30/00 annual fee 14.506992 - 85.8921 1,246.04
06/30/00 surrender fee 14.506992 - 85.8921 1,246.04
Goldman Sachs Global Income
06/30/99 purchase 1,000.00 10.584393 94.4787 94.4787 1,000.00
06/30/00 annual fee 10.824830 - 94.4787 1,022.72
06/30/00 surrender fee 10.824830 - 94.4787 1,022.72
Templeton Global Income Securities
06/30/99 purchase 1,000.00 9.938555 100.6182 100.6182 1,000.00
06/30/00 annual fee 9.739731 - 100.6182 979.99
<PAGE>
06/30/00 surrender fee 9.739731 - 100.6182 979.99
Kemper Dreman High Return Equity
06/30/99 purchase 1,000.00 11.040000 90.5797 90.5797 1,000.00
06/30/00 annual fee 9.433000 - 90.5797 854.44
06/30/00 surrender fee 9.433000 - 90.5797 854.44
Kemper Small Cap Growth
06/30/99 purchase 1,000.00 12.086038 82.7401 82.7401 1,000.00
06/30/00 annual fee 16.768570 - 82.7401 1,387.43
06/30/00 surrender fee 16.768570 - 82.7401 1,387.43
Kemper Small Cap Value
06/30/99 purchase 1,000.00 9.227261 108.3745 108.3745 1,000.00
06/30/00 annual fee 8.658682 - 108.3745 938.38
06/30/00 surrender fee 8.658682 - 108.3745 938.38
Kemper Government Securities
06/30/99 purchase 1,000.00 10.564382 94.6577 94.6577 1,000.00
06/30/00 annual fee 10.896008 - 94.6577 1,031.39
06/30/00 surrender fee 10.896008 - 94.6577 1,031.39
MFS Bond
06/30/99 purchase 1,000.00 10.356000 96.5624 96.5624 1,000.00
06/30/00 annual fee 10.533000 - 96.5624 1,017.09
06/30/00 surrender fee 10.533000 - 96.5624 1,017.09
MFS Research
06/30/99 purchase 1,000.00 13.165059 75.9586 75.9586 1,000.00
06/30/00 annual fee 15.728023 - 75.9586 1,194.68
06/30/00 surrender fee 15.728023 - 75.9586 1,194.68
MFS Growth with Income
06/30/99 purchase 1,000.00 12.692150 78.7889 78.7889 1,000.00
06/30/00 annual fee 12.680932 - 78.7889 999.12
06/30/00 surrender fee 12.680932 - 78.7889 999.12
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C>
MFS Emerging Growth
06/30/99 purchase 1,000.00 14.837048 67.3989 67.3989 1,000.00
06/30/00 annual fee 22.392669 - 67.3989 1,509.24
06/30/00 surrender fee 22.392669 - 67.3989 1,509.24
MFS Emerging Markets Equity
06/30/99 purchase 1,000.00 7.998729 125.0199 125.0199 1,000.00
06/30/00 annual fee 8.490029 - 125.0199 1,061.42
06/30/00 surrender fee 8.490029 - 125.0199 1,061.42
<PAGE>
MFS High Income
06/30/99 purchase 1,000.00 10.281026 97.2666 97.2666 1,000.00
06/30/00 annual fee 10.306573 - 97.2666 1,002.49
06/30/00 surrender fee 10.306573 - 97.2666 1,002.49
MFS Global Governments
06/30/99 purchase 1,000.00 10.283862 97.2397 97.2397 1,000.00
06/30/00 annual fee 10.327628 - 97.2397 1,004.26
06/30/00 surrender fee 10.327628 - 97.2397 1,004.26
Oppenheimer Capital Appreciation
06/30/99 purchase 1,000.00 14.082942 71.0079 71.0079 1,000.00
06/30/00 annual fee 18.584199 - 71.0079 1,319.62
06/30/00 surrender fee 18.584199 - 71.0079 1,319.62
Oppenheimer Main Street Growth & Income
06/30/99 purchase 1,000.00 11.772262 84.9454 84.9454 1,000.00
06/30/00 annual fee 12.347253 - 84.9454 1,048.84
06/30/00 surrender fee 12.347253 - 84.9454 1,048.84
Oppenheimer High Income
06/30/99 purchase 1,000.00 10.213444 97.9102 97.9102 1,000.00
06/30/00 annual fee 10.055083 - 97.9102 984.50
06/30/00 surrender fee 10.055083 - 97.9102 984.50
Oppenheimer Bond
06/30/99 purchase 1,000.00 10.301628 97.0720 97.0720 1,000.00
06/30/00 annual fee 10.373713 - 97.0720 1,007.00
06/30/00 surrender fee 10.373713 - 97.0720 1,007.00
Oppenheimer Strategic Bond
06/30/99 purchase 1,000.00 10.108287 98.9287 98.9287 1,000.00
06/30/00 annual fee 10.415097 - 98.9287 1,030.35
06/30/00 surrender fee 10.415097 - 98.9287 1,030.35
Putnam VT Growth & Income
06/30/99 purchase 1,000.00 12.525638 79.8363 79.8363 1,000.00
06/30/00 annual fee 11.010732 - 79.8363 879.06
06/30/00 surrender fee 11.010732 - 79.8363 879.06
Putnam VT New Value
06/30/99 purchase 1,000.00 11.916467 83.9175 83.9175 1,000.00
06/30/00 annual fee 10.616631 - 83.9175 890.92
06/30/00 surrender fee 10.616631 - 83.9175 890.92
Putnam VT Vista
06/30/99 purchase 1,000.00 13.219555 75.6455 75.6455 1,000.00
06/30/00 annual fee 20.545155 - 75.6455 1,554.15
06/30/00 surrender fee 20.545155 - 75.6455 1,554.15
Putnam VT International Growth
06/30/99 purchase 1,000.00 13.087306 76.4099 76.4099 1,000.00
<PAGE>
06/30/00 annual fee 18.510367 - 76.4099 1,414.38
06/30/00 surrender fee 18.510367 - 76.4099 1,414.38
Putnam VT International New Opportunities
06/30/99 purchase 1,000.00 13.558702 73.7534 73.7534 1,000.00
06/30/00 annual fee 19.194182 - 73.7534 1,415.64
06/30/00 surrender fee 19.194182 - 73.7534 1,415.64
Franklin Small Cap
06/30/99 purchase 1,000.00 11.157357 89.6270 89.6270 1,000.00
06/30/00 annual fee 18.368325 - 89.6270 1,646.30
06/30/00 surrender fee 18.368325 - 89.6270 1,646.30
Templeton Growth Securities
06/30/99 purchase 1,000.00 15.147160 66.0190 66.0190 1,000.00
06/30/00 annual fee 13.694404 - 66.0190 904.09
06/30/00 surrender fee 13.694404 - 66.0190 904.09
Templeton International Securities
06/30/99 purchase 1,000.00 10.024137 99.7592 99.7592 1,000.00
06/30/00 annual fee 11.144004 - 99.7592 1,111.72
06/30/00 surrender fee 11.144004 - 99.7592 1,111.72
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C>
Templeton Developing Markets Securities
06/30/99 purchase 1,000.00 10.757350 92.9597 92.9597 1,000.00
06/30/00 annual fee 9.467613 - 92.9597 880.11
06/30/00 surrender fee 9.467613 - 92.9597 880.11
Templeton Mutual Shares Securities
06/30/99 purchase 1,000.00 11.122162 89.9106 89.9106 1,000.00
06/30/00 annual fee 10.413965 - 89.9106 936.33
06/30/00 surrender fee 10.413965 - 89.9106 936.33
Fidelity VIP Growth
06/30/99 purchase 1,000.00 14.907940 67.0783 67.0783 1,000.00
06/30/00 annual fee 18.559230 - 67.0783 1,244.92
06/30/00 surrender fee 18.559230 - 67.0783 1,244.92
Fidelity VIP II Contrafund
06/30/99 purchase 1,000.00 13.740706 72.7765 72.7765 1,000.00
06/30/00 annual fee 14.930844 - 72.7765 1,086.61
06/30/00 surrender fee 14.930844 - 72.7765 1,086.61
Fidelity VIP III Growth Opportunities
06/30/99 purchase 1,000.00 12.492249 80.0496 80.0496 1,000.00
06/30/00 annual fee 11.618022 - 80.0496 930.02
<PAGE>
06/30/00 surrender fee 11.618022 - 80.0496 930.02
Fidelity VIP III Growth & Income
06/30/99 purchase 1,000.00 13.141588 76.0943 76.0943 1,000.00
06/30/00 annual fee 12.814443 - 76.0943 975.11
06/30/00 surrender fee 12.814443 - 76.0943 975.11
Fidelity VIP Equity-Income
06/30/99 purchase 1,000.00 11.954405 83.6512 83.6512 1,000.00
06/30/00 annual fee 10.821363 - 83.6512 905.22
06/30/00 surrender fee 10.821363 - 83.6512 905.22
Franklin Large Cap Growth Securities
06/30/99 purchase 1,000.00 13.316129 75.0969 75.0969 1,000.00
06/30/00 annual fee 16.270512 - 75.0969 1,221.87
06/30/00 surrender fee 16.270512 - 75.0969 1,221.87
</TABLE>
<PAGE>
Cova Variable Annuity Account Five
Part I 1 Year Returns- Column B
06/30/00
<TABLE>
<CAPTION>
Sub-Account Total Account Initial
Return Value Investment
<S> <C> <C> <C>
Cova Lord Abbett Growth and Income -1.95% 980.49 1,000.00
Cova Bond Debenture 2.42% 1,024.20 1,000.00
GACC Money Market 4.40% 1,044.02 1,000.00
Cova Developing Growth -0.49% 995.15 1,000.00
Cova Large Cap Research 3.89% 1,038.94 1,000.00
Cova Mid-Cap Value 10.01% 1,100.05 1,000.00
Cova Quality Bond 2.78% 1,027.82 1,000.00
Cova Small Cap Stock 35.49% 1,354.90 1,000.00
Cova Large Cap Stock 0.69% 1,006.86 1,000.00
Cova Select Equity -3.80% 962.00 1,000.00
Cova International Equity 15.03% 1,150.28 1,000.00
Russell Multi-Style Equity -1.47% 985.30 1,000.00
Russell Aggressive Equity 7.08% 1,070.77 1,000.00
Russell Non-U.S. 17.13% 1,171.30 1,000.00
Russell Core Bond 2.76% 1,027.64 1,000.00
AIM V.I. Value 11.62% 1,116.24 1,000.00
AIM V.I. Capital Appreciation 40.92% 1,409.23 1,000.00
AIM V.I. International Equity 30.51% 1,305.06 1,000.00
Alliance Premier Growth 18.89% 1,188.89 1,000.00
Alliance Real Estate Investment 2.35% 1,023.45 1,000.00
Liberty Newport Tiger, Variable Series 27.71% 1,277.12 1,000.00
Goldman Sachs Growth & Income -5.19% 948.14 1,000.00
Goldman Sachs International Equity 24.60% 1,246.04 1,000.00
<PAGE>
Goldman Sachs Global Income 2.27% 1,022.72 1,000.00
Templeton Global Income Securities -2.00% 979.99 1,000.00
Kemper Dreman High Return Equity -14.56% 854.44 1,000.00
Kemper Small Cap Growth 38.74% 1,387.43 1,000.00
Kemper Small Cap Value -6.16% 938.38 1,000.00
Kemper Government Securities 3.14% 1,031.39 1,000.00
MFS Bond 1.71% 1,017.09 1,000.00
MFS Research 19.47% 1,194.68 1,000.00
MFS Growth with Income -0.09% 999.12 1,000.00
MFS Emerging Growth 50.92% 1,509.24 1,000.00
MFS Emerging Markets Equity 6.14% 1,061.42 1,000.00
MFS High Income 0.25% 1,002.49 1,000.00
MFS Global Governments 0.43% 1,004.26 1,000.00
Oppenheimer Capital Appreciation 31.96% 1,319.62 1,000.00
Oppenheimer Main Street Growth & Income 4.88% 1,048.84 1,000.00
Oppenheimer High Income -1.55% 984.50 1,000.00
Oppenheimer Bond 0.70% 1,007.00 1,000.00
Oppenheimer Strategic Bond 3.03% 1,030.35 1,000.00
Putnam VT Growth & Income -12.09% 879.06 1,000.00
Putnam VT New Value -10.91% 890.92 1,000.00
Putnam VT Vista 55.42% 1,554.15 1,000.00
Putnam VT International Growth 41.44% 1,414.38 1,000.00
Putnam VT International New Opportunities 41.56% 1,415.64 1,000.00
Franklin Small Cap 64.63% 1,646.30 1,000.00
Templeton Growth Securities -9.59% 904.09 1,000.00
Templeton International Securities 11.17% 1,111.72 1,000.00
Templeton Developing Markets Securities -11.99% 880.11 1,000.00
Templeton Mutual Shares Securities -6.37% 936.33 1,000.00
Fidelity VIP Growth 24.49% 1,244.92 1,000.00
Fidelity VIP II Contrafund 8.66% 1,086.61 1,000.00
Fidelity VIP III Growth Opportunities -7.00% 930.02 1,000.00
Fidelity VIP III Growth & Income -2.49% 975.11 1,000.00
Fidelity VIP Equity-Income -9.48% 905.22 1,000.00
Franklin Large Cap Growth Securities 22.19% 1,221.87 1,000.00
</TABLE>
<PAGE>
Cova Variable Annuity Account Five
Part I Inception Return Data- Column B
As of 06/30/2000
<TABLE>
<CAPTION>
Sub-Account Transaction Amount Unit Transaction Unit Account
Value Units Balance Value
After After
Transaction Transaction
Cova Lord Abbett Growth and Income
<S> <C> <C> <C> <C> <C> <C>
<PAGE>
01/08/99 purchase 1,000.00 35.903763 27.8522 27.8522 1,000.00
01/10/00 annual fee 39.326106 - 27.8522 1,095.32
06/30/00 annual fee 38.332363 - 27.8522 1,067.64
06/30/00 surrender fee 38.332363 - 27.8522 1,067.64
Cova Bond Debenture
05/20/96 purchase 1,000.00 10.146329 98.5578 98.5578 1,000.00
05/20/97 annual fee 11.758378 - 98.5578 1,158.88
05/20/98 annual fee 13.473825 - 98.5578 1,327.95
05/20/99 annual fee 13.526840 - 98.5578 1,333.18
05/20/00 annual fee 13.483149 - 98.5578 1,328.87
06/30/00 annual fee 13.863769 - 98.5578 1,366.38
06/30/00 surrender fee 13.863769 - 98.5578 1,366.38
GACC Money Market
12/04/97 purchase 1,000.00 10.630827 94.0661 94.0661 1,000.00
12/04/98 annual fee 11.081985 - 94.0661 1,042.44
12/06/99 annual fee 11.489330 - 94.0661 1,080.76
06/30/00 annual fee 11.796561 - 94.0661 1,109.66
06/30/00 surrender fee 11.796561 - 94.0661 1,109.66
Cova Developing Growth
11/07/97 purchase 1,000.00 10.830839 92.3290 92.3290 1,000.00
11/07/98 annual fee 9.967264 - 92.3290 920.27
11/08/99 annual fee 12.101957 - 92.3290 1,117.36
06/30/00 annual fee 12.662547 - 92.3290 1,169.12
06/30/00 surrender fee 12.662547 - 92.3290 1,169.12
Cova Large Cap Research
02/17/98 purchase 1,000.00 10.756077 92.9707 92.9707 1,000.00
02/17/99 annual fee 11.579471 - 92.9707 1,076.55
02/17/00 annual fee 13.289115 - 92.9707 1,235.50
06/30/00 annual fee 13.839381 - 92.9707 1,286.66
06/30/00 surrender fee 13.839381 - 92.9707 1,286.66
Cova Mid-Cap Value
11/07/97 purchase 1,000.00 10.048781 99.5146 99.5146 1,000.00
11/07/98 annual fee 10.358485 - 99.5146 1,030.82
11/08/99 annual fee 10.863413 - 99.5146 1,081.07
06/30/00 annual fee 12.717054 - 99.5146 1,265.53
06/30/00 surrender fee 12.717054 - 99.5146 1,265.53
Cova Quality Bond
05/20/96 purchase 1,000.00 9.951189 100.4905 100.4905 1,000.00
05/20/97 annual fee 10.440361 - 100.4905 1,049.16
05/20/98 annual fee 11.413235 - 100.4905 1,146.92
05/20/99 annual fee 11.662580 - 100.4905 1,171.98
05/20/00 annual fee 11.552731 - 100.4905 1,160.94
06/30/00 annual fee 11.904337 - 100.4905 1,196.27
06/30/00 surrender fee 11.904337 - 100.4905 1,196.27
Cova Small Cap Stock
<PAGE>
05/15/96 purchase 1,000.00 10.905675 91.6954 91.6954 1,000.00
05/15/97 annual fee 10.995232 - 91.6954 1,008.21
05/15/98 annual fee 14.699217 - 91.6954 1,347.85
05/15/99 annual fee 12.606262 - 91.6954 1,155.94
05/15/00 annual fee 16.325536 - 91.6954 1,496.98
06/30/00 annual fee 17.951629 - 91.6954 1,646.08
06/30/00 surrender fee 17.951629 - 91.6954 1,646.08
Cova Large Cap Stock
05/16/96 purchase 1,000.00 10.155238 98.4714 98.4714 1,000.00
05/16/97 annual fee 12.753841 - 98.4714 1,255.89
05/16/98 annual fee 17.363858 - 98.4714 1,709.84
05/16/99 annual fee 20.716290 - 98.4714 2,039.96
05/16/00 annual fee 22.263518 - 98.4714 2,192.32
06/30/00 annual fee 21.909614 - 98.4714 2,157.47
06/30/00 surrender fee 21.909614 - 98.4714 2,157.47
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C>
Cova Select Equity
05/15/96 purchase 1,000.00 10.151958 98.5032 98.5032 1,000.00
05/15/97 annual fee 12.101835 - 98.5032 1,192.07
05/15/98 annual fee 16.090569 - 98.5032 1,584.97
05/15/99 annual fee 17.851686 - 98.5032 1,758.45
05/15/00 annual fee 18.278929 - 98.5032 1,800.53
06/30/00 annual fee 18.072905 - 98.5032 1,780.24
06/30/00 surrender fee 18.072905 - 98.5032 1,780.24
Cova International Equity
05/14/96 purchase 1,000.00 10.098675 99.0229 99.0229 1,000.00
05/14/97 annual fee 11.696691 - 99.0229 1,158.24
05/14/98 annual fee 13.129981 - 99.0229 1,300.17
05/14/99 annual fee 12.963950 - 99.0229 1,283.73
05/14/00 annual fee 15.409522 - 99.0229 1,525.90
06/30/00 annual fee 15.563493 - 99.0229 1,541.14
06/30/00 surrender fee 15.563493 - 99.0229 1,541.14
Russell Multi-Style Equity
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee 12.694810 - 100.0000 1,269.48
12/31/99 annual fee 14.719616 - 100.0000 1,471.96
06/30/00 annual fee 13.977885 - 100.0000 1,397.79
06/30/00 surrender fee 13.977885 - 100.0000 1,397.79
Russell Aggressive Equity
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee 9.963254 - 100.0000 996.33
12/31/99 annual fee 10.461908 - 100.0000 1,046.19
<PAGE>
06/30/00 annual fee 10.742768 - 100.0000 1,074.28
06/30/00 surrender fee 10.742768 - 100.0000 1,074.28
Russell Non-U.S.
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee 11.142092 - 100.0000 1,114.21
12/31/99 annual fee 14.706241 - 100.0000 1,470.62
06/30/00 annual fee 13.922578 - 100.0000 1,392.26
06/30/00 surrender fee 13.922578 - 100.0000 1,392.26
Russell Core Bond
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee 10.591175 - 100.0000 1,059.12
12/31/99 annual fee 10.419502 - 100.0000 1,041.95
06/30/00 annual fee 10.728280 - 100.0000 1,072.83
06/30/00 surrender fee 10.728280 - 100.0000 1,072.83
Russell Real Estate Securities
07/01/99 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
06/30/00 annual fee 10.437504 - 100.0000 1,043.75
06/30/00 surrender fee 10.437504 - 100.0000 1,043.75
AIM V.I. Value
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee 13.060203 - 100.0000 1,306.02
12/31/99 annual fee 16.748633 - 100.0000 1,674.86
06/30/00 annual fee 16.587347 - 100.0000 1,658.73
06/30/00 surrender fee 16.587347 - 100.0000 1,658.73
AIM V.I. Capital Appreciation
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee 11.770729 - 100.0000 1,177.07
12/31/99 annual fee 16.827440 - 100.0000 1,682.74
06/30/00 annual fee 18.086546 - 100.0000 1,808.65
06/30/00 surrender fee 18.086546 - 100.0000 1,808.65
AIM V.I. International Equity
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee 11.391449 - 100.0000 1,139.14
12/31/99 annual fee 17.458837 - 100.0000 1,745.88
06/30/00 annual fee 15.455037 - 100.0000 1,545.50
06/30/00 surrender fee 15.455037 - 100.0000 1,545.50
Alliance Premier Growth
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee 14.595485 - 100.0000 1,459.55
12/31/99 annual fee 19.075994 - 100.0000 1,907.60
06/30/00 annual fee 19.525610 - 100.0000 1,952.56
06/30/00 surrender fee 19.525610 - 100.0000 1,952.56
Alliance Real Estate Investment
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
<PAGE>
12/31/98 annual fee 7.988435 - 100.0000 798.84
12/31/99 annual fee 7.486033 - 100.0000 748.60
06/30/00 annual fee 8.620668 - 100.0000 862.07
06/30/00 surrender fee 8.620668 - 100.0000 862.07
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C>
Liberty Newport Tiger, Variable Series
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee 9.228765 - 100.0000 922.88
12/31/99 annual fee 15.397535 - 100.0000 1,539.75
06/30/00 annual fee 15.234527 - 100.0000 1,523.45
06/30/00 surrender fee 15.234527 - 100.0000 1,523.45
Goldman Sachs Growth & Income
03/31/98 purchase 1,000.00 11.212646 89.1850 89.1850 1,000.00
03/31/99 annual fee 9.987823 - 89.1850 890.76
06/30/00 annual fee 10.306101 - 89.1850 919.15
06/30/00 surrender fee 10.306101 - 89.1850 919.15
Goldman Sachs International Equity
03/31/98 purchase 1,000.00 11.199710 89.2880 89.2880 1,000.00
03/31/99 annual fee 11.253877 - 89.2880 1,004.84
06/30/00 annual fee 14.506992 - 89.2880 1,295.30
06/30/00 surrender fee 14.506992 - 89.2880 1,295.30
Goldman Sachs Global Income
03/31/98 purchase 1,000.00 10.152000 98.5028 98.5028 1,000.00
03/31/99 purchase 10.695661 - 98.5028 1,053.55
06/30/00 annual fee 10.824830 - 98.5028 1,066.28
06/30/00 surrender fee 10.824830 - 98.5028 1,066.28
Templeton Global Income Securities
02/26/99 purchase 1,000.00 10.182630 98.2065 98.2065 1,000.00
02/29/00 purchase 9.642433 - 98.2065 946.95
06/30/00 annual fee 9.739731 - 98.2065 956.50
06/30/00 surrender fee 9.739731 - 98.2065 956.50
Kemper Dreman High Return Equity
05/15/98 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
05/15/99 annual fee 10.887804 - 100.0000 1,088.78
05/15/00 annual fee 9.664000 - 100.0000 966.40
06/30/00 annual fee 9.433000 - 100.0000 943.30
06/30/00 surrender fee 9.433000 - 100.0000 943.30
Kemper Small Cap Growth
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee 11.676086 - 100.0000 1,167.61
<PAGE>
12/31/99 annual fee 15.505196 - 100.0000 1,550.52
06/30/00 annual fee 16.768570 - 100.0000 1,676.86
06/30/00 surrender fee 16.768570 - 100.0000 1,676.86
Kemper Small Cap Value
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee 8.753222 - 100.0000 875.32
12/31/99 annual fee 8.886027 - 100.0000 888.60
06/30/00 annual fee 8.658682 - 100.0000 865.87
06/30/00 surrender fee 8.658682 - 100.0000 865.87
Kemper Government Securities
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee 10.556498 - 100.0000 1,055.65
12/31/99 annual fee 10.558404 - 100.0000 1,055.84
06/30/00 annual fee 10.896008 - 100.0000 1,089.60
06/30/00 surrender fee 10.896008 - 100.0000 1,089.60
MFS Bond
05/15/98 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
05/15/99 annual fee 10.372959 - 100.0000 1,037.30
05/15/00 annual fee 10.202000 - 100.0000 1,020.20
06/30/00 annual fee 10.533000 - 100.0000 1,053.30
06/30/00 surrender fee 10.533000 - 100.0000 1,053.30
MFS Research
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee 12.172796 - 100.0000 1,217.28
12/31/99 annual fee 14.897867 - 100.0000 1,489.79
06/30/00 annual fee 15.728023 - 100.0000 1,572.80
06/30/00 surrender fee 15.728023 - 100.0000 1,572.80
MFS Growth with Income
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee 12.066568 - 100.0000 1,206.66
12/31/99 annual fee 12.703932 - 100.0000 1,270.39
06/30/00 annual fee 12.680932 - 100.0000 1,268.09
06/30/00 surrender fee 12.680932 - 100.0000 1,268.09
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C>
MFS Emerging Growth
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee 13.233235 - 100.0000 1,323.32
12/31/99 annual fee 23.079105 - 100.0000 2,307.91
06/30/00 annual fee 22.392669 - 100.0000 2,239.27
06/30/00 surrender fee 22.392669 - 100.0000 2,239.27
<PAGE>
MFS Emerging Markets Equity
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee 6.571830 - 100.0000 657.18
12/31/99 annual fee 8.967637 - 100.0000 896.76
06/30/00 annual fee 8.490029 - 100.0000 849.00
06/30/00 surrender fee 8.490029 - 100.0000 849.00
MFS High Income
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee 9.845193 - 100.0000 984.52
12/31/99 annual fee 10.352934 - 100.0000 1,035.29
06/30/00 annual fee 10.306573 - 100.0000 1,030.66
06/30/00 surrender fee 10.306573 - 100.0000 1,030.66
MFS Global Governments
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee 10.669943 - 100.0000 1,066.99
12/31/99 annual fee 10.252619 - 100.0000 1,025.26
06/30/00 annual fee 10.327628 - 100.0000 1,032.76
06/30/00 surrender fee 10.327628 - 100.0000 1,032.76
Oppenheimer Capital Appreciation
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee 12.232731 - 100.0000 1,223.27
12/31/99 annual fee 17.103249 - 100.0000 1,710.32
06/30/00 annual fee 18.584199 - 100.0000 1,858.42
06/30/00 surrender fee 18.584199 - 100.0000 1,858.42
Oppenheimer Main Street Growth & Income
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee 10.326519 - 100.0000 1,032.65
12/31/99 annual fee 12.409773 - 100.0000 1,240.98
06/30/00 annual fee 12.347253 - 100.0000 1,234.73
06/30/00 surrender fee 12.347253 - 100.0000 1,234.73
Oppenheimer High Income
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee 9.893828 - 100.0000 989.38
12/31/99 annual fee 10.189165 - 100.0000 1,018.92
06/30/00 annual fee 10.055083 - 100.0000 1,005.51
06/30/00 surrender fee 10.055083 - 100.0000 1,005.51
Oppenheimer Bond
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee 9.893828 - 100.0000 989.38
12/31/99 annual fee 10.246949 - 100.0000 1,024.69
06/30/00 annual fee 10.373713 - 100.0000 1,037.37
06/30/00 surrender fee 10.373713 - 100.0000 1,037.37
Oppenheimer Strategic Bond
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee 10.151332 - 100.0000 1,015.13
<PAGE>
12/31/99 annual fee 10.306821 - 100.0000 1,030.68
06/30/00 annual fee 10.415097 - 100.0000 1,041.51
06/30/00 surrender fee 10.415097 - 100.0000 1,041.51
Putnam VT Growth & Income
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee 11.382650 - 100.0000 1,138.27
12/31/99 annual fee 11.422706 - 100.0000 1,142.27
06/30/00 annual fee 11.010732 - 100.0000 1,101.07
06/30/00 surrender fee 11.010732 - 100.0000 1,101.07
Putnam VT New Value
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee 10.483517 - 100.0000 1,048.35
12/31/99 annual fee 10.379438 - 100.0000 1,037.94
06/30/00 annual fee 10.616631 - 100.0000 1,061.66
06/30/00 surrender fee 10.616631 - 100.0000 1,061.66
Putnam VT Vista
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee 11.785702 - 100.0000 1,178.57
12/31/99 annual fee 17.797452 - 100.0000 1,779.75
06/30/00 annual fee 20.545155 - 100.0000 2,054.52
06/30/00 surrender fee 20.545155 - 100.0000 2,054.52
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C>
Putnam VT International Growth
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee 11.707003 - 100.0000 1,170.70
12/31/99 annual fee 15.522808 - 100.0000 1,552.28
06/30/00 annual fee 18.510367 - 100.0000 1,851.04
06/30/00 surrender fee 18.510367 - 100.0000 1,851.04
Putnam VT International New Opportunities
12/31/97 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
12/31/98 annual fee 11.402252 - 100.0000 1,140.23
12/31/99 annual fee 22.858952 - 100.0000 2,285.90
06/30/00 annual fee 19.194182 - 100.0000 1,919.42
06/30/00 surrender fee 19.194182 - 100.0000 1,919.42
Franklin Small Cap
02/26/99 purchase 1,000.00 9.166923 109.0879 109.0879 1,000.00
03/01/00 annual fee 20.570862 - 109.0879 2,244.03
06/30/00 annual fee 18.368325 - 109.0879 2,003.76
06/30/00 surrender fee 18.368325 - 109.0879 2,003.76
Templeton Growth Securities
<PAGE>
01/29/99 purchase 1,000.00 13.409840 74.5721 74.5721 1,000.00
03/02/00 annual fee 13.617616 - 74.5721 1,015.49
06/30/00 annual fee 13.694404 - 74.5721 1,021.22
06/30/00 surrender fee 13.694404 - 74.5721 1,021.22
Templeton International Securities
09/21/98 purchase 1,000.00 7.893131 126.6924 126.6924 1,000.00
09/21/99 annual fee 9.858587 - 126.6924 1,249.01
06/30/00 annual fee 11.144004 - 126.6924 1,411.86
06/30/00 surrender fee 11.144004 - 126.6924 1,411.86
Templeton Developing Markets Securities
09/21/98 purchase 1,000.00 5.645520 177.1316 177.1316 1,000.00
09/21/99 annual fee 9.132548 - 177.1316 1,617.66
06/30/00 annual fee 9.467613 - 177.1316 1,677.01
06/30/00 surrender fee 9.467613 - 177.1316 1,677.01
Templeton Mutual Shares Securities
04/30/98 purchase 1,000.00 10.775226 92.8055 92.8055 1,000.00
09/21/99 annual fee 9.888972 - 92.8055 917.75
06/30/00 annual fee 10.413965 - 92.8055 966.47
06/30/00 surrender fee 10.413965 - 92.8055 966.47
Fidelity VIP Growth
02/17/98 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
02/17/99 annual fee 13.296297 - 100.0000 1,329.63
02/17/00 annual fee 18.274874 - 100.0000 1,827.49
06/30/00 annual fee 18.559230 - 100.0000 1,855.92
06/30/00 surrender fee 18.559230 - 100.0000 1,855.92
Fidelity VIP II Contrafund
02/17/98 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
02/17/99 annual fee 12.429231 - 100.0000 1,242.92
02/17/00 annual fee 15.151446 - 100.0000 1,515.14
06/30/00 annual fee 14.930844 - 100.0000 1,493.08
06/30/00 surrender fee 14.930844 - 100.0000 1,493.08
Fidelity VIP III Growth Opportunities
02/17/98 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
02/17/99 annual fee 11.255274 - 100.0000 1,125.53
02/17/00 annual fee 11.286930 - 100.0000 1,128.69
06/30/00 annual fee 11.618022 - 100.0000 1,161.80
06/30/00 surrender fee 11.618022 - 100.0000 1,161.80
Fidelity VIP III Growth & Income
02/17/98 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
02/17/99 annual fee 12.066871 - 100.0000 1,206.69
02/17/00 annual fee 12.314612 - 100.0000 1,231.46
06/30/00 annual fee 12.814443 - 100.0000 1,281.44
06/30/00 surrender fee 12.814443 - 100.0000 1,281.44
Fidelity VIP Equity-Income
<PAGE>
02/17/98 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
02/17/99 annual fee 10.322067 - 100.0000 1,032.21
02/17/00 annual fee 10.112557 - 100.0000 1,011.26
06/30/00 annual fee 10.821363 - 100.0000 1,082.14
06/30/00 surrender fee 10.821363 - 100.0000 1,082.14
Franklin Large Cap Growth Securities
02/26/99 purchase 1,000.00 12.354470 80.9424 80.9424 1,000.00
03/01/00 annual fee 15.866190 - 80.9424 1,284.25
06/30/00 annual fee 16.270512 - 80.9424 1,316.97
06/30/00 surrender fee 16.270512 - 80.9424 1,316.97
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C>
American Century VP Income & Growth
11/19/99 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
06/30/00 annual fee 9.884945 - 100.0000 988.49
06/30/00 surrender fee 9.884945 - 100.0000 988.49
American Century VP International
11/19/99 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
06/30/00 annual fee 11.711608 - 100.0000 1,171.16
06/30/00 surrender fee 11.711608 - 100.0000 1,171.16
American Century VP Value
11/19/99 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
06/30/00 annual fee 9.139577 - 100.0000 913.96
06/30/00 surrender fee 9.139577 - 100.0000 913.96
Dreyfus Stock Index
11/19/99 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
06/30/00 annual fee 10.217333 - 100.0000 1,021.73
06/30/00 surrender fee 10.217333 - 100.0000 1,021.73
Dreyfus VIF Disciplined Stock
11/19/99 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
06/30/00 annual fee 10.283599 - 100.0000 1,028.36
06/30/00 surrender fee 10.283599 - 100.0000 1,028.36
Dreyfus VIF Capital Appreciation
11/19/99 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
06/30/00 annual fee 10.349457 - 100.0000 1,034.95
06/30/00 surrender fee 10.349457 - 100.0000 1,034.95
INVESCO VIF Dynamics
11/19/99 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
06/30/00 annual fee 12.586676 - 100.0000 1,258.67
06/30/00 surrender fee 12.586676 - 100.0000 1,258.67
<PAGE>
INVESCO VIF High Yield
11/19/99 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
06/30/00 annual fee 9.920855 - 100.0000 992.09
06/30/00 surrender fee 9.920855 - 100.0000 992.09
PIMCO High Yield Bond
11/19/99 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
06/30/00 annual fee 9.928000 - 100.0000 992.80
06/30/00 surrender fee 9.928000 - 100.0000 992.80
PIMCO Low Duration Bond
11/19/99 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
06/30/00 annual fee 10.252000 - 100.0000 1,025.20
06/30/00 surrender fee 10.252000 - 100.0000 1,025.20
PIMCO StocksPLUS Growth & Income
11/19/99 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
06/30/00 annual fee 10.154000 - 100.0000 1,015.40
06/30/00 surrender fee 10.154000 - 100.0000 1,015.40
PIMCO Total Return Bond
11/19/99 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
06/30/00 annual fee 10.160983 - 100.0000 1,016.10
06/30/00 surrender fee 10.160983 - 100.0000 1,016.10
Scudder International
11/19/99 purchase 1,000.00 10.000000 100.0000 100.0000 1,000.00
06/30/00 annual fee 10.295987 - 100.0000 1,029.60
06/30/00 surrender fee 10.295987 - 100.0000 1,029.60
</TABLE>
<PAGE>
Cova Variable Annuity Account Five
Part I Inception Returns- Column B
06/30/00
<TABLE>
<CAPTION>
Sub-Account Annualized Account Initial
Inception Value Investment
Return
<S> <C> <C> <C>
Cova Lord Abbett Growth and Income 4.53% 1,067.64 1,000.00
Cova Bond Debenture 7.88% 1,366.38 1,000.00
GACC Money Market 4.13% 1,109.66 1,000.00
Cova Developing Growth 6.08% 1,169.12 1,000.00
Cova Large Cap Research 11.24% 1,286.66 1,000.00
Cova Mid-Cap Value 9.31% 1,265.53 1,000.00
Cova Quality Bond 4.45% 1,196.27 1,000.00
Cova Small Cap Stock 12.83% 1,646.08 1,000.00
Cova Large Cap Stock 20.49% 2,157.47 1,000.00
Cova Select Equity 14.99% 1,780.24 1,000.00
<PAGE>
Cova International Equity 11.04% 1,541.14 1,000.00
Russell Multi-Style Equity 14.34% 1,397.79 1,000.00
Russell Aggressive Equity 2.91% 1,074.28 1,000.00
Russell Non-U.S. 14.16% 1,392.26 1,000.00
Russell Core Bond 2.85% 1,072.83 1,000.00
Russell Real Estate Securities (1) 4.38% 1,043.75 1,000.00
AIM V.I. Value 22.45% 1,658.73 1,000.00
AIM V.I. Capital Appreciation 26.76% 1,808.65 1,000.00
AIM V.I. International Equity 19.03% 1,545.50 1,000.00
Alliance Premier Growth 30.71% 1,952.56 1,000.00
Alliance Real Estate Investment -5.77% 862.07 1,000.00
Liberty Newport Tiger, Variable Series 18.35% 1,523.45 1,000.00
Goldman Sachs Growth & Income -3.67% 919.15 1,000.00
Goldman Sachs International Equity 12.18% 1,295.30 1,000.00
Goldman Sachs Global Income 2.89% 1,066.28 1,000.00
Templeton Global Income Securities* -3.26% 956.50 1,000.00
Kemper Dreman High Return Equity -2.70% 943.30 1,000.00
Kemper Small Cap Growth 22.98% 1,676.86 1,000.00
Kemper Small Cap Value -5.60% 865.87 1,000.00
Kemper Government Securities 3.49% 1,089.60 1,000.00
MFS Bond 2.47% 1,053.30 1,000.00
MFS Research 19.87% 1,572.80 1,000.00
MFS Growth with Income 9.97% 1,268.09 1,000.00
MFS Emerging Growth 38.08% 2,239.27 1,000.00
MFS Emerging Markets Equity -6.34% 849.00 1,000.00
MFS High Income 1.22% 1,030.66 1,000.00
MFS Global Governments 1.30% 1,032.76 1,000.00
Oppenheimer Capital Appreciation 28.15% 1,858.42 1,000.00
Oppenheimer Main Street Growth & Income 8.81% 1,234.73 1,000.00
Oppenheimer High Income 0.22% 1,005.51 1,000.00
Oppenheimer Bond 1.48% 1,037.37 1,000.00
Oppenheimer Strategic Bond 1.64% 1,041.51 1,000.00
Putnam VT Growth & Income 3.93% 1,101.07 1,000.00
Putnam VT New Value 2.42% 1,061.66 1,000.00
Putnam VT Vista 33.40% 2,054.52 1,000.00
Putnam VT International Growth 27.95% 1,851.04 1,000.00
Putnam VT International New Opportunities 29.82% 1,919.42 1,000.00
Franklin Small Cap* 67.82% 2,003.76 1,000.00
Templeton Growth Securities** 1.49% 1,021.22 1,000.00
Templeton International Securities 21.44% 1,411.86 1,000.00
Templeton Developing Markets Securities 33.81% 1,677.01 1,000.00
Templeton Mutual Shares Securities*** -1.56% 966.47 1,000.00
Fidelity VIP Growth 29.85% 1,855.92 1,000.00
Fidelity VIP II Contrafund 18.45% 1,493.08 1,000.00
Fidelity VIP III Growth Opportunities 6.54% 1,161.80 1,000.00
Fidelity VIP III Growth & Income 11.04% 1,281.44 1,000.00
Fidelity VIP Equity-Income 3.39% 1,082.14 1,000.00
Franklin Large Cap Growth Securities 22.76% 1,316.97 1,000.00
American Century VP Income & Growth (1) -1.15% 988.49 1,000.00
American Century VP International (1) 17.12% 1,171.16 1,000.00
American Century VP Value (1) -8.60% 913.96 1,000.00
Dreyfus Stock Index (1) 2.17% 1,021.73 1,000.00
<PAGE>
Dreyfus VIF Disciplined Stock (1) 2.84% 1,028.36 1,000.00
Dreyfus VIF Capital Appreciation (1) 3.50% 1,034.95 1,000.00
INVESCO VIF Dynamics (1) 25.87% 1,258.67 1,000.00
INVESCO VIF High Yield (1) -0.79% 992.09 1,000.00
PIMCO High Yield Bond (1) -0.72% 992.80 1,000.00
PIMCO Low Duration Bond (1) 2.52% 1,025.20 1,000.00
PIMCO StocksPLUS Growth & Income (1) 1.54% 1,015.40 1,000.00
PIMCO Total Return Bond (1) 1.61% 1,016.10 1,000.00
Scudder International (1) 2.96% 1,029.60 1,000.00
(1) not annualized
</TABLE>
<PAGE>
Cova Variable Annuity Account Five
Part II 1 Year Returns
As of 6/30/2000
<TABLE>
<CAPTION>
Column Less: Column Less: Column
A Separate C Contract B
Sub-Account Return Account Fees Return Charges Return
<S> <C> <C> <C> <C> <C>
American Century VP Income & Growth 3.68% 1.40% 2.28% 4.60% -2.32%
American Century VP International 43.62% 1.40% 42.22% 4.60% 37.62%
American Century VP Value -15.88% 1.40% -17.28% 4.60% -21.88%
Dreyfus Stock Index 6.96% 1.40% 5.56% 4.60% 0.96%
Dreyfus VIF Disciplined Stock 7.56% 1.40% 6.16% 4.60% 1.56%
Dreyfus VIF Capital Appreciation 6.56% 1.40% 5.16% 4.60% 0.56%
INVESCO VIF Dynamics 46.96% 1.40% 45.56% 4.60% 40.96%
INVESCO VIF High Yield 1.50% 1.40% 0.10% 4.60% -4.50%
MFS New Discovery 56.28% 1.40% 54.88% 4.60% 50.28%
PIMCO High Yield Bond 0.60% 1.40% -0.80% 4.60% -5.40%
PIMCO Low Duration Bond 4.14% 1.40% 2.74% 4.60% -1.86%
PIMCO StocksPLUS Growth & Income 6.24% 1.40% 4.84% 4.60% 0.24%
PIMCO Total Return Bond 4.62% 1.40% 3.22% 4.60% -1.38%
Russell Real Estate Securities 5.32% 1.40% 3.92% 4.60% -0.68%
Scudder International 25.18% 1.40% 23.78% 4.60% 19.18%
</TABLE>
<PAGE>
Cova Variable Annuity Account Five
Part II 5 Year Returns
As of 6/30/2000
<TABLE>
<CAPTION>
Column Less: Column Less: Column
A Separate C Contract B
Sub-Account Return Account Fees Return Charges Return
<PAGE>
<S> <C> <C> <C> <C> <C>
AIM V.I. Value 21.82% 1.40% 20.42% 0.10% 20.32%
AIM V.I. Capital Appreciation 22.36% 1.40% 20.96% 0.10% 20.86%
AIM V.I. International Equity 17.27% 1.40% 15.87% 0.10% 15.77%
Alliance Premier Growth 30.30% 1.40% 28.90% 0.10% 28.80%
American Century VP International 21.81% 1.40% 20.41% 0.10% 20.31%
Dreyfus Stock Index 22.38% 1.40% 20.98% 0.10% 20.88%
Dreyfus VIF Capital Appreciation 22.29% 1.40% 20.89% 0.10% 20.79%
Fidelity VIP Growth 25.56% 1.40% 24.16% 0.10% 24.06%
Fidelity VIP II Contrafund 21.82% 1.40% 20.42% 0.10% 20.32%
Fidelity VIP III Growth Opportunities 16.68% 1.40% 15.28% 0.10% 15.18%
Fidelity VIP Equity-Income 14.29% 1.40% 12.89% 0.10% 12.79%
GACC Money Market 5.61% 1.40% 4.21% 0.10% 4.11%
INVESCO VIF High Yield 10.24% 1.40% 8.84% 0.10% 8.74%
Kemper Small Cap Growth 27.42% 1.40% 26.02% 0.10% 25.92%
Kemper Government Securities 5.91% 1.40% 4.51% 0.10% 4.41%
Liberty Newport Tiger, Variable Series 4.92% 1.40% 3.52% 0.10% 3.42%
MFS Global Governments 2.48% 1.40% 1.08% 0.10% 0.98%
Oppenheimer Capital Appreciation 28.17% 1.40% 26.77% 0.10% 26.67%
Oppenheimer High Income 7.81% 1.40% 6.41% 0.10% 6.31%
Oppenheimer Bond 5.41% 1.40% 4.01% 0.10% 3.91%
Oppenheimer Strategic Bond 7.02% 1.40% 5.62% 0.10% 5.52%
Putnam VT Growth & Income 14.68% 1.40% 13.28% 0.10% 13.18%
Scudder International 16.83% 1.40% 15.43% 0.10% 15.33%
Templeton Global Income Securities 3.80% 1.40% 2.40% 0.10% 2.30%
Templeton Growth Securities 13.37% 1.40% 11.97% 0.10% 11.87%
Templeton International Securities 15.54% 1.40% 14.14% 0.10% 14.04%
</TABLE>
<PAGE>
Cova Variable Annuity Account Five
Part II Inception Returns
As of 6/30/2000
<TABLE>
<CAPTION>
Column Less: Column Less: Column
A Separate C Contract B
Sub-Account Return Account Fees Return Charges Return
<S> <C> <C> <C> <C> <C>
AIM V.I. Value 21.26% 1.40% 19.86% 0.10% 19.76%
AIM V.I. Capital Appreciation 21.98% 1.40% 20.58% 0.10% 20.48%
AIM V.I. International Equity 15.54% 1.40% 14.14% 0.10% 14.04%
Alliance Premier Growth 24.99% 1.40% 23.59% 0.10% 23.49%
Alliance Real Estate Investment 2.76% 1.40% 1.36% 1.42% -0.06%
American Century VP Income & Growth 18.05% 1.40% 16.65% 1.81% 14.84%
American Century VP International 17.13% 1.40% 15.73% 0.10% 15.63%
American Century VP Value 8.64% 1.40% 7.24% 1.20% 6.04%
Dreyfus Stock Index 17.31% 1.40% 15.91% 0.10% 15.81%
Dreyfus VIF Disciplined Stock 22.78% 1.40% 21.38% 1.20% 20.18%
Dreyfus VIF Capital Appreciation 18.99% 1.40% 17.59% 0.10% 17.49%
<PAGE>
Fidelity VIP Growth 20.08% 1.40% 18.68% 0.10% 18.58%
Fidelity VIP II Contrafund 24.63% 1.40% 23.23% 0.10% 23.13%
Fidelity VIP III Growth Opportunities 18.58% 1.40% 17.18% 0.10% 17.08%
Fidelity VIP III Growth & Income 17.93% 1.40% 16.53% 1.41% 15.12%
Fidelity VIP Equity-Income 14.68% 1.40% 13.28% 0.10% 13.18%
GACC Money Market 5.24% 1.40% 3.84% 0.10% 3.74%
Goldman Sachs Growth & Income 4.70% 1.40% 3.30% 1.95% 1.35%
Goldman Sachs International Equity 19.68% 1.40% 18.28% 1.95% 16.33%
Goldman Sachs Global Income 4.20% 1.40% 2.80% 1.95% 0.85%
INVESCO VIF Dynamics 31.51% 1.40% 30.11% 1.70% 28.41%
INVESCO VIF High Yield 10.14% 1.40% 8.74% 0.10% 8.64%
Kemper Dreman High Return -3.17% 1.40% -4.57% 2.21% -6.78%
Kemper Small Cap Growth 25.37% 1.40% 23.97% 0.10% 23.87%
Kemper Small Cap Value 2.54% 1.40% 1.14% 1.20% -0.06%
Kemper Government Securities 7.24% 1.40% 5.84% 0.10% 5.74%
Liberty Newport Tiger, Variable Series 6.51% 1.40% 5.11% 0.10% 5.01%
MFS Bond 4.88% 1.40% 3.48% 1.08% 2.40%
MFS Research 21.83% 1.40% 20.43% 1.03% 19.40%
MFS Growth with Income 18.83% 1.40% 17.43% 1.07% 16.36%
MFS Emerging Growth 31.60% 1.40% 30.20% 1.03% 29.17%
MFS Emerging Markets Equity -8.35% 1.40% -9.75% 1.79% -11.54%
MFS High Income 7.43% 1.40% 6.03% 1.03% 5.00%
MFS Global Governments 3.97% 1.40% 2.57% 0.10% 2.47%
MFS New Discovery 35.18% 1.40% 33.78% 2.20% 31.58%
Oppenheimer Capital Appreciation 20.01% 1.40% 18.61% 0.10% 18.51%
Oppenheimer Main Street Growth & Income 23.00% 1.40% 21.60% 1.02% 20.58%
Oppenheimer High Income 11.96% 1.40% 10.56% 0.10% 10.46%
Oppenheimer Bond 7.63% 1.40% 6.23% 0.10% 6.13%
Oppenheimer Strategic Bond 6.00% 1.40% 4.60% 0.10% 4.50%
PIMCO High Yield Bond 1.80% 1.40% 0.40% 2.20% -1.80%
PIMCO Low Duration Bond 3.97% 1.40% 2.57% 3.41% -0.84%
PIMCO StocksPLUS Growth & Income 18.91% 1.40% 17.51% 1.93% 15.58%
PIMCO Total Return Bond 4.51% 1.40% 3.11% 1.93% 1.18%
Putnam VT Growth & Income 13.25% 1.40% 11.85% 0.10% 11.75%
Putnam VT New Value 7.58% 1.40% 6.18% 1.41% 4.77%
Putnam VT Vista 31.73% 1.40% 30.33% 1.41% 28.92%
Putnam VT International Growth 25.69% 1.40% 24.29% 1.41% 22.88%
Putnam VT International New Opportunities 21.64% 1.40% 20.24% 1.41% 18.83%
Russell Multi-Style Equity 19.32% 1.40% 17.92% 1.41% 16.51%
Russell Aggressive Equity 12.24% 1.40% 10.84% 1.41% 9.43%
Russell Non-U.S. 11.01% 1.40% 9.61% 1.41% 8.20%
Russell Core Bond 5.72% 1.40% 4.32% 1.41% 2.91%
Russell Real Estate Securities 3.17% 1.40% 1.77% 3.96% -2.19%
Scudder International 11.19% 1.40% 9.79% 0.10% 9.69%
Templeton Global Income Securities 5.40% 1.40% 4.00% 0.10% 3.90%
Franklin Small Cap 28.51% 1.40% 27.11% 1.08% 26.03%
Templeton Growth Securities 12.25% 1.40% 10.85% 0.10% 10.75%
Templeton International Securities 14.44% 1.40% 13.04% 0.10% 12.94%
Templeton Developing Markets Securities -8.71% 1.40% -10.11% 1.16% -11.27%
Mutual Shares Securities 9.69% 1.40% 8.29% 2.20% 6.09%
Franklin Large Cap Growth Securities 23.19% 1.40% 21.79% 1.20% 20.59%
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