-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VWPbQqkChpX2eEEa80WN8H8GF5/SjOu0PxaMtuw1uUNVZBTn5KWUbTzTyS3Vy+kX DOJVOKmgQ7PJE2+3vwpeeA== 0001104659-08-038461.txt : 20080606 0001104659-08-038461.hdr.sgml : 20080606 20080606142649 ACCESSION NUMBER: 0001104659-08-038461 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080606 DATE AS OF CHANGE: 20080606 EFFECTIVENESS DATE: 20080606 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MINNESOTA LIFE VARIABLE UNIVERSAL LIFE ACCOUNT CENTRAL INDEX KEY: 0000931923 IRS NUMBER: 410417830 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-85496 FILM NUMBER: 08885284 BUSINESS ADDRESS: STREET 1: 400 ROBERT ST NORTH CITY: ST PAUL STATE: MN ZIP: 55101-2098 BUSINESS PHONE: 612-223-43 MAIL ADDRESS: STREET 1: 400 ROBERT STREET NORTH CITY: ST PAUL STATE: MN ZIP: 55101-2098 FORMER COMPANY: FORMER CONFORMED NAME: MINNESOTA MUTUAL VARIABLE UNIVERSAL LIFE ACCOUNT DATE OF NAME CHANGE: 19941025 0000931923 S000001670 MINNESOTA LIFE VARIABLE UNIVERSAL LIFE ACCOUNT C000004529 33-85496 Variable Group Universal Life Insurance 497 1 a08-16087_1497.htm 497

Supplement dated June 1, 2008 to the Minnesota Life Variable Universal Life Account
Prospectus dated May 1, 2008

The section captioned "W&R Target Funds, Inc." on the inside cover page of the prospectus is supplemented as follows:

Effective June 1, 2008, contributions may be allocated to the following portfolio:

•  W&R Target International Value Portfolio

The section captioned "What variable investment options are available?" found on page 4 of the prospectus is supplemented as follows:

W&R Target Funds, Inc.
  W&R Target International Value Portfolio

The "Range of Annual Portfolio Operating Expenses" table found on page 8 of the prospectus is supplemented as follows:

Range of Annual Portfolio Operating Expenses
(expenses that are deducted from Portfolio assets including management
fees, distribution (12b-1) fees and other expenses)*

Fee Description   Minimum   Maximum  
Total Annual Portfolio Operating Expenses     0.46 %     1.18 %  

 

*  The range of Total Annual Portfolio Operating Expenses presented in this table does not reflect any fee waivers or expense reductions. Under certain circumstances the Funds may charge a redemption fee for certain market timing or frequent trading activity. For more detailed information about the fee and expense charges, fee waivers (if applicable), redemption fee (if applicable) and expense reductions (if applicable) for a particular Fund Portfolio please see that Fund's prospectus.

The table found on page 10 of the prospectus is supplemented as follows:

Fund/Portfolio   Investment Adviser   Investment Sub-Adviser  
W&R Target Funds, Inc.:          
W&R Target International Value Portfolio (Seeks long-term capital growth.)   Waddell & Reed Investment Management Company   Templeton Investment Counsel, LLC  

 

This supplement should be retained for future reference.

F68685 6-2008



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