EX-13.(2) 7 a2042055zex-13_2.txt EXHIBIT 13(2) - PACIFIC INNOVATIONS SELECT EXHIBIT 13(2) Pacific Innovations Select -------------------------------------------------------------------------------- PACIFIC INNOVATIONS SELECT 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 INTERNATIONAL EQUITY MARKETS RESEARCH EQUITY LARGE CAP EQUITY Start Date 12/31/1999 12/31/1999 #N/A 12/31/1999 #N/A 12/31/1999 Beginning AUV 17.4255428 17.9929805 15.43545961 17.9702249 End Date 12/29/2000 12/29/2000 12/29/2000 12/29/2000 Ending AUV 13.5316503 11.3830148 11.78101772 13.2274656 Annual Fee ($0) $ 0.00 $ 0.46 $ 0.46 $ 0.46 CDSC $ 63.00 $ 63.00 $ 63.00 $ 63.00 Ending ERV 713.54 569.17 699.78 672.62 AATR W/Drawal -28.65% -43.08% -30.02% -32.74% AATR Account -22.35% -36.78% -23.72% -26.44% I'NET MULTI-STRATEGY EQUITY STRATEGIC TOLLKEEPER INCOME VALUE GROWTH LT Start Date #N/A 12/31/1999 12/31/1999 #N/A 12/31/1999 Beginning AUV 10.71147 12.3467629 17.69982001 End Date 12/29/2000 12/29/2000 12/29/2000 Ending AUV 10.616625 11.3304025 13.63220293 Annual Fee ($0) $ 0.00 $ 0.00 $ 0.00 CDSC $ 63.00 $ 63.00 $ 63.00 Ending ERV 928.15 854.68 707.19 AATR W/Drawal -7.19% -14.53% -29.28% AATR Account -0.89% -8.23% -22.98%
Dollar Values are per $1000 of initial premium Average Annual Total Return (AATR) of Surrender Value = [ERV/$1000]-1
INTERNATIONAL FOCUSED 30 MID CAP VALUE VALUE EQUITY INDEX SMALL CAP INDEX REIT Start Date #N/A 12/31/1999 12/31/1999 12/31/1999 12/31/1999 12/31/1999 Beginning AUV 8.43165714 13.4998378 12.93760544 11.66490117 7.8435981 End Date 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 Ending AUV 10.3611373 11.7656604 11.54435959 11.0601077 10.2448543 Annual Fee ($0) $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 CDSC $ 63.00 $ 63.00 $ 63.00 $ 63.00 $ 63.00 Ending ERV 1,165.84 808.54 829.31 885.15 1,243.14 AATR W/Drawal 16.58% -19.15% -17.07% -11.48% 24.31% AATR Account 22.88% -12.85% -10.77% -5.18% 30.61% GOVERNMENT MANAGED HIGH YIELD LARGE CAP SECURITIES BOND MONEY MARKET BOND VALUE Start Date 12/31/1999 12/31/1999 12/31/1999 12/31/1999 12/31/1999 Beginning AUV 8.91507779 8.8913239 9.48387971 10.1547266 9.251699475 End Date 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 Ending AUV 9.80952767 9.7549069 9.90581314 9.61820054 10.49037861 Annual Fee ($0) $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 CDSC $ 63.00 $ 63.00 $ 63.00 $ 63.00 $ 63.00 Ending ERV 1,037.33 1,034.13 981.49 884.16 1,070.89 AATR W/Drawal 3.73% 3.41% -1.85% -11.58% 7.09% AATR Account 10.03% 9.71% 4.45% -5.28% 13.39%
Dollar Values are per $1000 of initial premium Average Annual Total Return (AATR) of Surrender Value = [ERV/$1000]-1 Page 1 -------------------------------------------------------------------------------- PACIFIC INNOVATIONS SELECT 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 INTERNATIONAL EQUITY MARKETS RESEARCH EQUITY LARGE CAP EQUITY Start Date 12/31/1997 12/31/1997 #N/A 12/31/1997 #N/A 12/31/1997 Beginning AUV 12.490573 16.5501 10.577994 10.289791 End Date 12/29/2000 12/29/2000 12/29/2000 12/29/2000 Ending AUV 13.53165 11.383015 11.781018 13.227466 Annual Fee ($0) $ 0.00 $ 0.46 $ 0.00 $ 0.00 CDSC $ 36.00 $ 36.00 $ 36.00 $ 36.00 Ending ERV 1,047.35 651.33 1,077.73 1,249.49 AATR W/Drawal 1.55% -13.32% 2.53% 7.71% AATR Account 2.70% -11.75% 3.66% 8.73% I'NET MULTI- STRATEGIC TOLLKEEPER STRATEGY EQUITY INCOME VALUE GROWTH LT Start Date #N/A 12/31/1997 12/31/1997 #N/A 12/31/1997 Beginning AUV 8.751623 9.0725187 5.8342352 End Date 12/29/2000 12/29/2000 12/29/2000 Ending AUV 10.616625 11.330402 13.632203 Annual Fee ($0) $ 0.00 $ 0.00 $ 0.00 CDSC $ 36.00 $ 36.00 $ 36.00 Ending ERV 1,177.10 1,212.87 2,300.59 AATR W/Drawal 5.59% 6.64% 32.01% AATR Account 6.65% 7.69% 32.70%
Dollar Values are per $1000 of initial premium Average Annual Total Return (AATR) of Surrender Value = [(ERV/$1000)^(1/3)]-1
MID CAP INTERNATIONAL FOCUSED 30 VALUE VALUE EQUITY INDEX SMALL CAP INDEX REIT Start Date #N/A #N/A 12/31/1997 12/31/1997 #N/A #N/A Beginning AUV 10.758048 8.6319668 End Date 12/29/2000 12/29/2000 Ending AUV 11.76566 11.54436 Annual Fee ($0) $ 0.00 $ 0.00 CDSC $ 36.00 $ 36.00 Ending ERV 1,057.66 1,301.40 AATR W/Drawal 1.89% 9.18% AATR Account 3.03% 10.18% GOVERNMENT MANAGED MONEY HIGH YIELD LARGE CAP SECURITIES BOND MARKET BOND VALUE Start Date 12/31/1997 12/31/1997 12/31/1997 12/31/1997 #N/A Beginning AUV 8.6028597 8.5792591 8.871335 9.9540195 End Date 12/29/2000 12/29/2000 12/29/2000 12/29/2000 Ending AUV 9.8095277 9.7549069 9.9058131 9.6182005 Annual Fee ($0) $ 0.00 $ 0.00 $ 0.00 $ 0.00 CDSC $ 36.00 $ 36.00 $ 36.00 $ 36.00 Ending ERV 1,104.26 1,101.03 1,080.61 930.26 AATR W/Drawal 3.36% 3.26% 2.62% -2.38% AATR Account 4.47% 4.37% 3.74% -1.14%
Dollar Values are per $1000 of initial premium Average Annual Total Return (AATR) of Surrender Value = [(ERV/$1000)^(1/3)]-1 Page 2 -------------------------------------------------------------------------------- PACIFIC INNOVATIONS SELECT 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 INTERNATIONAL EQUITY MARKETS RESEARCH EQUITY LARGE CAP EQUITY Start Dat e #N/A #N/A #N/A 12/29/1995 #N/A 12/29/1995 Beginning AUV 6.79453941 7.05382534 End Date 12/29/2000 12/29/2000 Ending AU V 11.7810177 13.2274656 Annual Fe e ($0) $ 0.00 $ 0.00 CDSC $ 0.00 $ 0.00 Ending ER V 1,733.89 1,875.22 AATR W/Dr awal 11.64% 13.40% AATR Account 11.64% 13.40% I'NET STRATEGIC TOLLKEEPER MULTI-STRATEGY EQUITY INCOME VALUE GROWTH LT Start Dat e #N/A 12/29/1995 12/29/1995 #N/A 12/29/1995 Beginning AUV 6.71854952 6.10588582 4.61097761 End Date 12/29/2000 12/29/2000 12/29/2000 Ending AU V 10.6166246 11.3304025 13.6322029 Annual Fe e ($0) $ 0.00 $ 0.00 $ 0.00 CDSC $ 0.00 $ 0.00 $ 0.00 Ending ER V 1,580.20 1,855.65 2,956.47 AATR W/Dr awal 9.58% 13.16% 24.21% AATR Account 9.58% 13.16% 24.21%
Dollar Values are per $1000 of initial premium Average Annual Total Return (AATR) of Surrender Value = [(ERV/$1000)^(1/5)]-1
MID CAP INTERNATIONAL SMALL CAP FOCUSED 30 VALUE VALUE EQUITY INDEX INDEX REIT Start Date #N/A #N/A 12/29/1995 12/29/1995 #N/A #N/A Beginning AUV 8.34853595 5.48413214 End Date 12/29/2000 12/29/2000 Ending AUV 11.7656604 11.5443596 Annual Fee ($0) $ 0.00 $ 0.00 CDSC $ 0.00 $ 0.00 Ending ERV 1,409.31 2,105.05 AATR W/Drawal 7.10% 16.05% AATR Account 7.10% 16.05% GOVERNMENT MANAGED HIGH YIELD LARGE CAP SECURITIES BOND MONEY MARKET BOND VALUE Start Date 12/29/1995 12/29/1995 12/29/1995 12/29/1995 #N/A Beginning AUV 7.89017072 7.73847488 8.28943395 8.44689507 End Date 12/29/2000 12/29/2000 12/29/2000 12/29/2000 Ending AUV 9.80952767 9.7549069 9.90581314 9.61820054 Annual Fee ($0) $ 0.00 $ 0.00 $ 0.00 $ 0.00 CDSC $ 0.00 $ 0.00 $ 0.00 $ 0.00 Ending ERV 1,243.26 1,260.57 1,194.99 1,138.67 AATR W/Drawal 4.45% 4.74% 3.63% 2.63% AATR Account 4.45% 4.74% 3.63% 2.63%
Dollar Values are per $1000 of initial premium Average Annual Total Return (AATR) of Surrender Value = [(ERV/$1000)^(1/5)]-1 Page 3 -------------------------------------------------------------------------------- PACIFIC INNOVATIONS SELECT 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 INTERNATIONAL EQUITY MARKETS RESEARCH EQUITY LARGE CAP EQUITY Start Date #N/A #N/A #N/A 12/31/1990 #N/A 12/31/1990 Beginning AUV 3.20662905 3.89446359 End Date 12/29/2000 12/29/2000 Ending AUV 11.7810177 13.2274656 Annual Fee ($0) $ 0.00 $ 0.00 CDSC $ 0.00 $ 0.00 Ending ERV 3,673.96 3,396.48 AATR W/Drawal 13.90% 13.01% AATR Account 13.90% 13.01% I'NET STRATEGIC TOLLKEEPER MULTI-STRATEGY EQUITY INCOME VALUE GROWTH LT Start Date #N/A 12/31/1990 12/31/1990 #N/A #N/A Beginning AUV 4.13392134 3.40230859 End Date 12/29/2000 12/29/2000 Ending AUV 10.6166246 11.3304025 Annual Fee ($0) $ 0.00 $ 0.00 CDSC $ 0.00 $ 0.00 Ending ERV 2,568.17 3,330.21 AATR W/Drawal 9.89% 12.78% AATR Account 9.89% 12.78%
Dollar Values are per $1000 of initial premium Average Annual Total Return (AATR) of Surrender Value = [(ERV/$1000)^(1/10)]-1
MID CAP INTERNATIONAL SMALL CAP FOCUSED 30 VALUE VALUE EQUITY INDEX INDEX REIT Start Date #N/A #N/A 12/31/1990 #N/A #N/A #N/A Beginning AUV 6.11849025 End Date 12/29/2000 Ending AUV 11.7656604 Annual Fee ($0) $ 0.00 CDSC $ 0.00 Ending ERV 1,922.97 AATR W/Drawal 6.76% AATR Account 6.76% GOVERNMENT MANAGED HIGH YIELD LARGE CAP SECURITIES BOND MONEY MARKET BOND VALUE Start Date 12/31/1990 12/31/1990 12/31/1990 12/31/1990 #N/A Beginning AUV 5.46787458 5.19671627 7.34172087 4.40247592 End Date 12/29/2000 12/29/2000 12/29/2000 12/29/2000 Ending AUV 9.80952767 9.7549069 9.90581314 9.61820054 Annual Fee ($0) $ 0.00 $ 0.00 $ 0.00 $ 0.00 CDSC $ 0.00 $ 0.00 $ 0.00 $ 0.00 Ending ERV 1,794.03 1,877.13 1,349.25 2,184.73 AATR W/Drawal 6.02% 6.50% 3.04% 8.13% AATR Account 6.02% 6.50% 3.04% 8.13%
Dollar Values are per $1000 of initial premium Average Annual Total Return (AATR) of Surrender Value = [(ERV/$1000)^(1/10)]-1 Page 4 -------------------------------------------------------------------------------- PACIFIC INNOVATIONS SELECT VARIABLE ANNUITY SEPARATE ACCOUNT SCHEDULE FOR COMPUTATION OF PERFORMANCE QUOTATIONS AVERAGE INITIAL PREMIUM = $65,000. -------------------------------------------------------------------------------- FROM INCEPTION OF FUND
AGGRESSIVE EMERGING DIVERSIFIED SMALL CAP INTERNATIONAL EQUITY MARKETS RESEARCH EQUITY LARGE CAP EQUITY Start Date 4/1/1996 4/1/1996 1/3/2000 1/4/1988 1/3/2000 1/3/1984 Beginning AUV 11.4868458 17.9087841 10.1868669 2.61516097 14.8834152 2.93538784 End Date 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 Ending AUV 13.5316503 11.3830148 11.0440591 11.7810177 11.491156 13.2274656 Days 1,733 1,733 361 4,743 361 6,205 Annual Fee ($0) $ 0.00 $ 0.46 $ 0.00 $ 0.00 $ 0.00 $ 0.00 CDSC $ 0.00 $ 0.00 $ 63.00 $ 0.00 $ 63.00 $ 0.00 Ending ERV $ 1,178.01 $ 635.15 $ 1,021.15 $ 4,504.89 $ 709.08 $ 4,506.21 AATR W/Drawal 3.51% -9.12% 2.11% 12.28% -29.09% 9.26% AATR Account 3.51% -9.12% 8.41% 12.28% -22.79% 9.26% I'NET STRATEGIC TOLLKEEPER MULTI-STRATEGY EQUITY INCOME VALUE GROWTH LT Start Date 5/1/2000 1/4/1988 1/4/1988 10/2/2000 1/4/1994 Beginning AUV 21.2085839 3.34295429 2.76425653 10.9235776 3.07632544 End Date 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 Ending AUV 14.2272419 10.6166246 11.3304025 10.6407519 13.6322029 Days 242 4,743 4,743 88 2,551 Annual Fee ($0) $ 0.46 $ 0.00 $ 0.00 $ 0.00 $ 0.00 CDSC $ 63.00 $ 0.00 $ 0.00 $ 63.00 $ 0.00 Ending ERV $ 607.36 $ 3,175.82 $ 4,098.90 $ 911.11 $ 4,431.33 AATR W/Drawal -39.26% 9.30% 11.47% -8.89% 23.74% AATR Account -32.96% 9.30% 11.47% -2.59% 23.74%
Dollar Values are per $1000 of initial premium Average Annual Total Return (AATR) of Surrender Value = [(ERV/$1000)^(365/# days)]-1
MID CAP INTERNATIONAL SMALL CAP FOCUSED 30 VALUE VALUE EQUITY INDEX INDEX REIT Start Date 10/2/2000 1/4/1999 1/4/1988 1/30/1991 1/4/1999 1/4/1999 Beginning AUV 15.8877183 8.14619885 5.22668145 2.94222568 9.9343528 7.97420441 End Date 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 Ending AUV 13.069952 10.3611373 11.7656604 11.5443596 11.0601077 10.2448543 Days 88 725 4,743 3,621 725 725 Annual Fee ($0) $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 CDSC $ 63.00 $ 54.00 $ 0.00 $ 0.00 $ 54.00 $ 54.00 Ending ERV $ 759.65 $ 1,217.90 $ 2,251.08 $ 3,923.68 $ 1,059.32 $ 1,230.75 AATR W/Drawal -24.04% 10.43% 6.44% 14.77% 2.94% 11.02% AATR Account -17.74% 12.87% 6.44% 14.77% 5.55% 13.44% GOVERNMENT MANAGED HIGH YIELD LARGE CAP SECURITIES BOND MONEY MARKET BOND VALUE Start Date 1/4/1988 1/4/1988 1/4/1988 1/4/1988 1/4/1999 Beginning AUV 4.35731624 4.09430919 6.21039075 4.08697684 8.43778253 End Date 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 Ending AUV 9.80952767 9.7549069 9.90581314 9.61820054 10.4903786 Days 4,743 4,743 4,743 4,743 725 Annual Fee ($0) $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 CDSC $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 54.00 Ending ERV $ 2,251.28 $ 2,382.55 $ 1,595.04 $ 2,353.38 $ 1,189.26 AATR W/Drawal 6.44% 6.91% 3.66% 6.81% 9.12% AATR Account 6.44% 6.91% 3.66% 6.81% 11.59%
Dollar Values are per $1000 of initial premium Average Annual Total Return (AATR) of Surrender Value = [(ERV/$1000)^(365/# days)]-1 Page 5 -------------------------------------------------------------------------------- PACIFIC INNOVATIONS SELECT 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 INTERNATIONAL EQUITY MARKETS RESEARCH EQUITY LARGE CAP EQUITY Start Date 4/17/1996 4/17/1996 1/3/2000 10/1/1999 1/3/2000 1/2/1996 Beginning AUV 11.380745 18.090295 10.186867 12.068618 14.8834152 7.04620947 End Date 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 Ending AUV 13.53165 11.383015 11.044059 11.781018 11.491156 13.2274656 Days 1,717 1,717 361 455 361 1,823 Annual Fee ($0) $ 0.00 $ 0.46 $ 0.00 $ 0.00 $ 0.00 $ 0.00 CDSC $ 0.00 $ 0.00 $ 63.00 $ 54.00 $ 63.00 $ 0.00 Ending ERV $ 1,189.00 $ 628.77 $ 1,021.15 $ 922.17 $ 709.08 $ 1,877.25 AATR W/Drawal 3.75% -9.39% 2.11% -6.29% -29.09% 13.44% AATR Account 3.75% -9.39% 8.41% -1.92% -22.79% 13.44% I'NET STRATEGIC TOLLKEEPER MULTI-STRATEGY EQUITY INCOME VALUE GROWTH LT Start Date 5/1/2000 1/2/1996 1/2/1996 10/2/2000 1/2/1996 Beginning AUV 21.2085839 6.75820127 6.16775228 10.9235776 4.61410654 End Date 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 Ending AUV 14.2272419 10.6166246 11.3304025 10.6407519 13.6322029 Days 242 1,823 1,823 88 1,823 Annual Fee ($0) $ 0.46 $ 0.00 $ 0.00 $ 0.00 $ 0.00 CDSC $ 63.00 $ 0.00 $ 0.00 $ 63.00 $ 0.00 Ending ERV $ 607.36 $ 1,570.92 $ 1,837.04 $ 911.11 $ 2,954.46 AATR W/Drawal -39.26% 9.46% 12.95% -8.89% 24.22% AATR Account -32.96% 9.46% 12.95% -2.59% 24.22%
Dollar Values are per $1000 of initial premium Average Annual Total Return (AATR) of Surrender Value = [(ERV/$1000)^(365/# days)]-1
MID CAP INTERNATIONAL SMALL CAP FOCUSED 30 VALUE VALUE EQUITY INDEX INDEX REIT Start Date 10/2/2000 1/4/1999 1/2/1996 1/2/1996 1/4/1999 1/4/1999 Beginning AUV 15.887718 8.1461989 8.4715061 5.5281406 9.9343528 7.97420441 End Date 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 Ending AUV 13.069952 10.361137 11.76566 11.54436 11.0601077 10.2448543 Days 88 725 1,823 1,823 725 725 Annual Fee ($0) $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 CDSC $ 63.00 $ 54.00 $ 0.00 $ 0.00 $ 54.00 $ 54.00 Ending ERV $ 759.65 $ 1,217.90 $ 1,388.85 $ 2,088.29 $ 1,059.32 $ 1,230.75 AATR W/Drawal -24.04% 10.43% 6.80% 15.89% 2.94% 11.02% AATR Account -17.74% 12.87% 6.80% 15.89% 5.55% 13.44% GOVERNMENT MANAGED HIGH YIELD LARGE CAP SECURITIES BOND MONEY MARKET BOND VALUE Start Date 1/2/1996 1/2/1996 1/2/1996 1/2/1996 1/4/1999 Beginning AUV 7.89440958 7.74157062 8.2922753 8.45636442 8.43778253 End Date 12/29/2000 12/29/2000 12/29/2000 12/29/2000 12/29/2000 Ending AUV 9.80952767 9.7549069 9.90581314 9.61820054 10.4903786 Days 1,823 1,823 1,823 1,823 725 Annual Fee ($0) $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 CDSC $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 54.00 Ending ERV $ 1,242.59 $ 1,260.07 $ 1,194.58 $ 1,137.39 $ 1,189.26 AATR W/Drawal 4.44% 4.74% 3.62% 2.61% 9.12% AATR Account 4.44% 4.74% 3.62% 2.61% 11.59%
Dollar Values are per $1000 of initial premium Average Annual Total Return (AATR) of Surrender Value = [(ERV/$1000)^(365/# days)]-1 Page 6