EX-13.(1) 6 a2042055zex-13_1.txt EXHIBIT 13(1) - PACIFIC INNOVATIONS EXHIBIT 13(1) Pacific Innovations ------------------------------------------------------------------------------- PACIFIC INNOVATIONS VARIABLE ANNUITY SEPARATE ACCOUNT SCHEDULE FOR COMPUTATION OF PERFORMANCE QUOTATIONS AVERAGE INITIAL PREMIUM = $65,000 ------------------------------------------------------------------------------- LAST YEAR ENDING 12/29/00
Aggressive Emerging Diversified Small Cap Int'l I-Net Multi Equity Markets Research Equity Large Cap Equity Tollkeeper Strategy Start Date 12/31/1999 12/31/1999 N/A 12/31/1999 N/A 12/31/1999 N/A 12/31/1999 Beginning AUV 15.312881 10.141653 23.007663 25.759119 16.008586 End Date 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 Ending AUV 11.920724 6.43199 17.604261 19.007950 15.906335 Annual Fee ($30) $ - $ 0.46 $ 0.46 $ 0.46 $ - CDSC $ 81.00 $ 81.00 $ 81.00 $ 81.00 $ 81.00 Ending ERV 697.48 $ 152.75 $ 683.69 $ 656.45 $ 912.61 AATR W/Drawal -30.25% -14.72% -31.63% -34.36% -8.74% AATR Account -22.15% -36.62% -23.53% -26.26% -0.64% Equity Strategic Mid Cap Intern'l Equity Income Value Growth LT Focused 30 Value Value Index Start Date 12/31/1999 N/A 12/31/1999 N/A 12/31/1999 12/31/1999 12/31/1999 Beginning AUV 20.219032 38.744794 10.376038 16.095415 23.637829 End Date 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 Ending AUV 18.600829 29.915213 12.782182 14.06276 21.144785 Annual Fee ($30) $ - $ - $ - $ - $ - CDSC $ 81.00 $ 81.00 81.00 $ 81.00 $ 81.00 Ending ERV $ 838.97 $ 691.11 $1,150.89 $ 792.71 $ 813.53 AATR W/Drawal -16.10% -30.89% 15.09% -20.73% -18.65% AATR Account -8.00% -22.79% 23.19% -12.63% -10.55% Small Cap Gov't Managed Money High Yield Large Cap Index REIT Securities Bond Market Bond Value Start Date 12/31/1999 12/31/1999 12/31/1999 12/31/1999 12/31/1999 12/31/1999 12/31/1999 Beginning AUV 11.771037 9.860573 11.406225 11.600428 11.551771 12.128888 10.991754 End Date 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 Ending AUV 11.188539 12.911339 12.581846 12.758853 12.095726 11.516654 12.494395 Annual Fee ($30) $ - $ - $ - $ - $ - $ - $ - CDSC $ 81.00 $ 81.00 $ 81.00 $ 81.00 $ 81.00 $ 81.00 $ 81.00 Ending ERV 869.51 1,228.39 $1,022.07 $1,018.86 $ 966.09 $ 868.52 1,055.71 AATR W/Drawal -13.05% 22.84% 2.21% 1.89% -3.39% -13.15% 5.57% AATR Account -4.95% 30.94% 10.31% 9.99% 4.71% -5.05% 13.67%
Dollar Values are per $1000 of initial premium Average Annual Total Return (AATR) of Surrender Value = [ERV/$1000]-1 Annual $30 fee waived for Contract Values greater than $50,000 Page 1 ------------------------------------------------------------------------------- PACIFIC INNOVATIONS VARIABLE ANNUITY SEPARATE ACCOUNT SCHEDULE FOR COMPUTATION OF PERFORMANCE QUOTATIONS AVERAGE INITIAL PREMIUM = $65,000 ------------------------------------------------------------------------------- LAST 3 YEARS ENDING 12/29/00
Aggressive Emerging Diversified Small Cap Int'l I-Net Multi Equity Markets Research Equity Large Cap Equity Tollkeeper Strategy Start Date 12/31/1997 12/31/1997 N/A 12/31/1997 N/A 12/31/1997 N/A 12/31/1997 Beginning AUV 10.921505 9.281881 15.618726 14.676255 13.014333 End Date 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 Ending AUV 11.920724 6.43199 17.604261 19.007950 15.906335 Annual Fee ($30) $ - $ 0.92 $ - $ - $ - CDSC $ 56.00 $ 56.00 $ 56.00 $ 56.00 $ 56.00 Ending ERV $ 1,035.49 $ 636.06 $ 1,071.13 $ 1,239.15 $ 1,166.22 AAR W/Drawal 1.17% -14.00% 2.32% 7.41% 5.26% AAR Account 2.96% -11.55% 4.07% 9.00% 6.92% Equity Strategic Mid Cap Intern'l Equity Income Value Growth LT Focused 30 Value Value Index Start Date 12/31/1997 N/A 12/31/1997 N/A N/A 12/31/1997 12/31/1997 Beginning AUV 14.783078 12.707541 12.762569 15.692570 End Date 12/29/2000 12/29/2000 12/29/2000 12/29/2000 Ending AUV 18.600829 29.915213 14.062760 21.144785 Annual Fee ($30) $ - $ - $ - $ - CDSC $ 56.00 $ 56.00 $ 56.00 $ 56.00 Ending ERV $ 1,202.25 $ 2,298.13 $ 1,045.88 $ 1,291.44 AAR W/Drawal 6.33% 31.96% 1.51% 8.90% AAR Account 7.96% 33.03% 3.29% 10.45% Small Cap Gov't Managed Money High Yield Large Cap Index REIT Securities Bond Market Bond Value Start Date N/A N/A 12/31/1997 12/31/1997 12/31/1997 12/31/1997 N/A Beginning AUV 10.951870 11.137453 10.751784 11.829870 End Date 12/29/2000 12/29/2000 12/29/2000 12/29/2000 Ending AUV 12.581846 12.758805 12.095726 11.516654 Annual Fee ($30) $ - $ - $ - $ - CDSC $ 56.00 $ 56.00 $ 56.00 $ 56.00 Ending ERV $ 1,092.83 $ 1,089.58 $ 1,069.00 $ 917.52 AAR W/Drawal 3.00% 2.90% 2.25% -2.83% AAR Account 4.73% 4.63% 4.00% -0.89%
Dollar Values are per $1000 of initial premium Average Annual Return (AAR) of Surrender Value = [(ERV/$1000)^(1/3)]-1 Annual $30 fee waived for Contract Values greater than $50,000 Page 2 ------------------------------------------------------------------------------- PACIFIC INNOVATIONS VARIABLE ANNUITY SEPARATE ACCOUNT SCHEDULE FOR COMPUTATION OF PERFORMANCE QUOTATIONS AVERAGE INITIAL PREMIUM = $65,000 ------------------------------------------------------------------------------- LAST 5 YEARS ENDING 12/29/00
Aggressive Emerging Diversified Small Cap Int'l I-Net Multi Equity Markets Research Equity Large Cap Equity Tollkeeper Strategy Start Date N/A N/A N/A 12/29/1995 N/A 12/29/1995 N/A 12/29/1995 Beginning AUV 9.97412043 9.975743 9.940604 End Date 12/29/2000 12/29/2000 12/29/2000 Ending AUV 17.604261 19.007950 15.906335 Annual Fee ($30) $ - $ - $ - CDSC $ - $ - $ - Ending ERV $1,764.99 $ 1,905.42 $ 1,600.14 AAR W/Drawal 12.03% 13.76% 9.86% AAR Account 12.03% 13.76% 9.86% Equity Strategic Mid Cap Intern'l Equity Income Value Growth LT Focused 30 Value Value Index Start Date 12/29/1995 12/29/1995 N/A 12/29/1995 12/29/1995 Beginning AUV 9.898959 9.992945493 9.854125 9.920654 End Date 12/29/2000 12/29/2000 12/29/2000 12/29/2000 Ending AUV 18.600829 29.915213 14.062760 21.144785 Annual Fee ($30) $ - $ - $ - $ - CDSC $ - $ - $ - $ - Ending ERV $ 1,879.07 $ 2,993.63 $ 1,427.09 $2,131.39 AAR W/Drawal 13.45% 24.52% 7.37% 16.34% AAR Account 13.45% 24.52% 7.37% 16.34% Small Cap Gov't Managed Money High Yield Large Cap Index REIT Securities Bond Market Bond Value Start Date N/A N/A 12/29/1995 12/29/1995 12/29/1995 12/29/1995 N/A Beginning AUV 9.993905 9.995276 9.995846 9.987722 End Date 12/29/2000 12/29/2000 12/29/2000 12/29/2000 Ending AUV 12.581846 12.758805 12.095726 11.516654 Annual Fee ($30) $ - $ - $ - $ - CDSC $ - $ - $ - $ - Ending ERV $ 1,258.95 $ 1,276.48 $ 1,210.08 $ 1,153.08 AAR W/Drawal 4.71% 5.00% 3.89% 2.89% AAR Account 4.71% 5.00% 3.89% 2.89%
Dollar Values are per $1000 of initial premium Average Annual Return (AAR) of Surrender Value = [(ERV/$1000)^(1/5)]-1 Annual $30 fee waived for Contract Values greater than $50,000 Page 3 ------------------------------------------------------------------------------- PACIFIC INNOVATIONS VARIABLE ANNUITY SEPARATE ACCOUNT SCHEDULE FOR COMPUTATION OF PERFORMANCE QUOTATIONS AVERAGE INITIAL PREMIUM = $65,000 ------------------------------------------------------------------------------- LAST 10 YEARS ENDING 12/29/00
Aggressive Emerging Diversified Small Cap Int'l I-Net Multi Equity Markets Research Equity Large Cap Equity Tollkeeper Strategy Start Date N/A N/A N/A 12/31/1990 N/A 12/31/1990 N/A 12/31/1990 Beginning AUV 4.552741 5.557088 6.040356 End Date 12/29/2000 12/29/2000 12/29/2000 Ending AUV 17.604261 19.007950 15.906335 Annual Fee ($30) $ - $ - $ - CDSC $ - $ - $ - Ending ERV $ 3,866.74 $ 3,420.49 $ 2,633.34 AAR W/Drawal 14.48% 13.09% 10.17% AAR Account 14.48% 13.09% 10.17% Equity Strategic Mid Cap Intern'l Equity Income Value Growth LT Focused 30 Value Value Index Start Date 12/31/1990 N/A N/A N/A N/A 12/31/1990 N/A Beginning AUV 5.392435 7.132017 End Date 12/29/2000 12/29/2000 Ending AUV 18.600829 14.062760 Annual Fee ($30) $ - $ - CDSC $ - $ - Ending ERV $ 3,449.43 $ 1,971.78 AAR W/Drawal 13.18% 7.03% AAR Account 13.18% 7.03% Small Cap Gov't Managed Money High Yield Large Cap Index REIT Securities Bond Market Bond Value Start Date N/A N/A 12/31/1990 12/31/1990 12/31/1990 12/31/1990 N/A Beginning AUV 6.839579 6.629923 8.742869 5.140796 End Date 12/29/2000 12/29/2000 12/29/2000 12/29/2000 Ending AUV 12.581846 12.758805 12.095726 11.516654 Annual Fee ($30) $ - $ - $ - $ - CDSC $ - $ - $ - $ - Ending ERV $ 1,839.56 $ 1,924.43 $ 1,383.50 $ 2,240.25 AAR W/Drawal 6.28% 6.77% 3.30% 8.40% AAR Account 6.28% 6.77% 3.30% 8.40%
Dollar Values are per $1000 of initial premium Average Annual Return (AAR) of Surrender Value = [(ERV/$1000)^(1/10)]-1 Annual $30 fee waived for Contract Values greater than $50,000 Page 4 ------------------------------------------------------------------------------- PACIFIC INNOVATIONS VARIABLE ANNUITY SEPARATE ACCOUNT SCHEDULE FOR COMPUTATION OF PERFORMANCE QUOTATIONS AVERAGE INITIAL PREMIUM = $65,000 ------------------------------------------------------------------------------- FROM INCEPTION OF FUND
Aggressive Emerging Diversified Small Cap Int'l I-Net Multi Equity Markets Research Equity Large Cap Equity Tollkeeper Strategy Start Date 4/1/1996 4/1/1996 1/3/2000 1/4/1988 1/3/2000 1/3/1984 5/1/2000 1/4/1988 Beginning AUV 10.000000 10.000000 10.000000 3.715777 10.000000 2.515479 10.000000 4.848630 End Date 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 Ending AUV 11.920724 6.431990 10.868225 17.604261 7.739860 19.007950 6.719403 15.906335 Days 1733 1733 361 4743 361 6205 242 4743 Annual Fee ($30) $ - $ 0.92 $ - $ - $ - $ - $ 0.46 $ - CDSC $ - $ - $ 81.00 $ - $ 81.00 $ - $ 81.00 $ - Ending ERV $ 1,192.07 $ 642.33 $ 1,005.82 $ 4,737.71 $ 692.99 $ 7,556.39 $ 590.48 $ 3,280.58 AAR W/Drawal 3.77% -8.90% 0.58% 12.72% -30.70% 12.63% -40.95% 9.57% AAR Account 3.77% -8.89% 8.68% 12.72% -22.60% 12.63% -32.81% 9.57% total return total return total return Equity Strategic Mid Cap Intern'l Equity Income Value Growth LT Focused 30 Value Value Index Start Date 1/4/1988 1/3/2000 1/3/1994 1/3/2000 1/4/1999 1/4/1988 1/30/1991 Beginning AUV 4.348104 10.000000 6.634056 10.000000 10.000000 6.046630 5.257292 End Date 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 Ending AUV 18.600829 9.746954 29.915213 8.231425 12.782182 14.062760 21.144785 Days 4743 361 2552 361 725 4743 3621 Annual Fee ($30) $ - $ - $ - $ - $ - $ - $ - CDSC $ - $ 81.00 $ - $ 81.00 $ 64.00 $ - $ - Ending ERV $ 4,277.92 $ 893.70 $ 4,509.34 $ 742.14 $ 1,214.22 $ 2,325.72 $ 4,021.99 AAR W/Drawal 11.83% -10.63% 24.04% -25.79% 10.27% 6.71% 15.06% AAR Account 11.83% -2.53% 24.04% -17.69% 13.15% 6.71% 15.06% total return total return Small Cap Gov't Managed Money High Yield Large Cap Index REIT Securities Bond Market Bond Value Start Date 1/4/1999 1/4/1999 1/4/1988 1/4/1988 1/4/1988 1/4/1988 1/4/1999 Beginning AUV 10.000000 10.000000 5.409269 5.184201 7.340021 4.737509 10.000000 End Date 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 Ending AUV 11.188539 12.911339 12.581846 12.758805 12.095726 11.516654 12.494395 Annual Fee ($30) 725 725 4743 4743 4743 4743 725 CDSC $ - $ - $ - $ - $ - $ - $ - Ending ERV $ 64.00 $ 64.00 $ - $ - $ - $ - $ 64.00 AATR W/Drawal $ 1,054.85 $ 1,227.13 $ 2,325.98 $ 2,461.09 $ 1,647.91 $ 2,430.95 $ 1,185.44 AATR Account 2.72% 10.85% 6.71% 7.18% 3.92% 7.07% 8.94% 5.82% 13.73% 6.71% 7.18% 3.92% 7.07% 11.86%
Dollar Values are per $1000 of initial premium Average Annual Return (AAR) of Surrender Value = [(ERV/$1000)^(365/# days)]-1 Average Annual Total Return (AATR) of Surrender Value = (ERV/$1000)-1 Annual $30 fee waived for Contract Values greater than $50,000 Page 5 ------------------------------------------------------------------------------- PACIFIC INNOVATIONS VARIABLE ANNUITY SEPARATE ACCOUNT SCHEDULE FOR COMPUTATION OF PERFORMANCE QUOTATIONS AVERAGE INITIAL PREMIUM = $65,000 ------------------------------------------------------------------------------- FROM INCEPTION OF SEPARATE ACCOUNT
Aggressive Emerging Diversified Small Cap Int'l I-Net Multi Equity Markets Research Equity Large Cap Equity Tollkeeper Strategy Start Date 4/17/1996 4/17/1996 1/3/2000 10/1/1999 1/3/2000 1/2/1996 5/1/2000 1/2/1996 Beginning AUV 9.908720 10.102463 10.000000 17.977974 10.000000 10.000000 10.000000 10.000000 End Date 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 Ending AUV 11.920724 6.43199 10.868225 17.604261 7.739860 19.00795 6.719403 15.906335 Days 1717 1717 361 455 361 1823 242 1823 Annual Fee ($30) $ 0.46 $ 0.46 $ - $ - - $ - $ 0.46 $ - CDSC $ - $ - $ 81.00 $ 64.00 $ 81.00 $ - $ 81.00 $ - Ending ERV $ 1,203.05 $ 636.21 $ 1,005.82 $ 915.21 $ 692.99 $ 1,900.80 $ 590.48 $ 1,590.63 AAR W/Drawal 4.01% -9.17% 0.58% -6.86% -30.70% 13.72% -40.95% 9.74% AAR Account 4.01% -9.15% 8.68% -1.67% -22.60% 13.72% -32.81% 9.74% total return total return total return Equity Strategic Mid Cap Intern'l Equity Income Value Growth LT Focused 30 Value Value Index Start Date 1/2/1996 1/3/2000 1/2/1996 1/3/2000 1/4/1999 1/2/1996 1/2/1996 Beginning AUV 10.000000 10.000000 10.000000 10.000000 10.000000 10.000000 10.000000 End Date 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 Ending AUV 18.600829 9.746954 29.915213 8.231425 12.782182 14.06276 21.144785 Days 1823 361 1823 361 725 1823 1823 Annual Fee ($30) $ - $ - $ - $ - $ - $ - $ - CDSC $ - $ 81.00 $ - $ 81.00 $ 64.00 $ - $ - Ending ERV $ 1,860.08 $ 893.70 $ 2,991.52 $ 742.14 $ 1,214.22 $ 1,406.28 $ 2,114.48 AAR W/Drawal 13.23% -10.63% 24.53% -25.79% 10.27% 7.06% 16.17% AAR Account 13.23% -2.53% 24.53% -17.69% 13.15% 7.06% 16.17% total return Small Cap Gov't Managed Money High Yield Large Cap Index REIT Securities Bond Market Bond Value Start Date 1/4/1999 1/4/1999 1/2/1996 1/2/1996 1/2/1996 1/2/1996 1/4/1999 Beginning AUV 10.000000 10.000000 10.000000 10.000000 10.000000 10.000000 10.000000 End Date 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 Ending AUV 11.188539 12.911339 12.581846 12.758805 12.095726 11.516654 12.494395 Days 725 725 1823 1823 1823 1823 725 Annual Fee ($30) $ - $ - $ - $ - $ - $ - $ - CDSC $ 64.00 $ 64.00 $ - $ - $ - $ - $ 64.00 Ending ERV $ 1,054.85 $ 1,227.13 $ 1,258.18 $ 1,275.88 $ 1,209.57 $ 1,151.67 $ 1,185.44 AAR W/Drawal 2.72% 10.85% 4.71% 5.00% 3.88% 2.87% 8.94% AAR Account 5.82% 13.73% 4.71% 5.00% 3.88% 2.87% 11.86% total return
Dollar Values are per $1000 of initial premium Average Annual Return (AAR) of Surrender Value = [(ERV/$1000)^(365/# days)]-1 Average Annual Total Return (AATR) of Surrender Value = (ERV/$1000)-1 Annual $30 fee waived for Contract Values greater than $50,000 Page 6