EX-99.13(B) 7 dex9913b.txt PERFORMANCE CALCULATIONS EXHIBIT 13(b) -------------------------------------------------------------------------------- Pacific Value Variable Annuity Separate Account Schedule for Computation of Performance Quotations Average Initial Premium = $100,000. -------------------------------------------------------------------------------- Last Year Ending 12/29/00
Aggressive Emerging Diversified Small-Cap International I-Net Multi Equity Markets Research Equity Large-Cap Equity Tollkeeper Strategy Start Date 12/31/99 12/31/99 N/A 12/31/99 N/A 12/31/99 N/A 12/31/99 Beginning AUV 15.312881 10.141653 23.007663 25.759119 16.008586 End Date 12/29/00 12/29/00 12/29/00 12/29/00 12/29/00 Ending AUV 11.920724 6.43199 17.604261 19.007950 15.906335 Annual Fee (none) $ - $ - $ - $ - $ - CDSC $ 63.00 $ 63.00 $ 63.00 $ 63.00 $ 63.00 Ending ERV 746.62 $ 596.58 $ 732.75 $ 704.43 $ 970.36 AATR W/Drawal -25.34% -40.34% -26.72% -29.56% -2.96% AATR Account -19.04% -34.04% -20.42% -23.26% 3.34% Equity Strategic Mid-Cap International Equity Income Value Growth LT Focused 30 Value Value Index Start Date 12/31/99 N/A 12/31/99 N/A 12/31/99 12/31/99 12/31/99 Beginning AUV 20.219032 22.543849 10.376038 16.095415 23.637829 End Date 12/29/00 12/29/00 12/29/00 12/29/00 12/29/00 Ending AUV 18.600829 29.915213 12.782182 14.06276 21.144785 Annual Fee (none) $ - $ - $ - $ - $ - CDSC $ 63.00 $ 63.00 $ 63.00 $ 63.00 $ 63.00 Ending ERV $ 893.77 $ 1,317.06 $ 1,218.17 $ 845.66 $ 867.31 AATR W/Drawal -10.62% -26.00% 21.82% -15.43% -13.27% AATR Account -4.32% -19.70% 28.12% -9.13% -6.97% Small-Cap Government Managed Money High Yield Large-Cap Index REIT Securities Bond Market Bond Value Start Date 12/31/99 12/31/99 12/31/99 12/31/99 12/31/99 12/31/99 12/31/99 Beginning AUV 11.771037 9.860573 11.406225 11.600428 11.551771 12.128888 10.991754 End Date 12/29/00 12/29/00 12/29/00 12/29/00 12/29/00 12/29/00 12/29/00 Ending AUV 11.188539 12.911339 12.581846 12.758805 12.095726 11.516654 12.494395 Annual Fee (none) 0 0 $ - $ - $ - $ - 0 CDSC $ 63.00 $ 63.00 $ 63.00 $ 63.00 $ 63.00 $ 63.00 $ 63.00 Ending ERV 925.53 1,298.77 $ 1,084.19 $ 1,080.85 $ 1,025.97 $ 924.50 1,119.17 AATR W/Drawal -7.45% 29.88% 8.42% 8.09% 2.60% -7.55% 11.92% AATR Account -1.15% 36.18% 14.72% 14.39% 8.90% -1.25% 18.22%
Dollar Values are per $1000 of initial premium Average Annual Total Return (AATR) of Surrender Value = [ERV/$1000]-1 Page 1 -------------------------------------------------------------------------------- Pacific Value Variable Annuity Separate Account Schedule for Computation of Performance Quotations Average Initial Premium = $100,000. -------------------------------------------------------------------------------- Last 3 Years ending 12/29/00
Aggressive Emerging Diversified Small-Cap International I-Net Multi Equity Markets Research Equity Large-Cap Equity Tollkeeper Strategy Start Date 12/31/97 12/31/97 N/A 12/31/97 N/A 12/31/97 N/A 12/31/97 Beginning AUV 10.921505 9.281881 15.618726 14.676255 13.014333 End Date 12/29/00 12/29/00 12/29/00 12/29/00 12/29/00 Ending AUV 11.920724 6.43199 17.604261 19.007950 15.906335 Annual Fee (none) $ - $ - $ - $ - $ - CDSC $ 63.00 $ 63.00 $ 63.00 $ 63.00 $ 63.00 Ending ERV $ 1,072.15 $ 657.68 $ 1,109.21 $ 1,283.96 $ 1,208.11 AAR W/Drawal 2.35% -13.04% 3.52% 8.69% 6.50% AAR Account 4.32% -10.34% 5.44% 10.44% 8.32% Equity Strategic Mid-Cap International Equity Income Value Growth LT Focused 30 Value Value Index Start Date 12/31/97 N/A 12/31/97 N/A N/A 12/31/97 12/31/97 Beginning AUV 14.783078 12.707541 12.762569 15.692570 End Date 12/29/00 12/29/00 12/29/00 12/29/00 Ending AUV 18.600829 29.915213 14.062760 21.144785 Annual Fee (none) $ - $ - $ - $ - CDSC $ 63.00 $ 63.00 $ 63.00 $ 63.00 Ending ERV $ 1,245.58 $ 2,385.30 $ 1,082.95 $ 1,338.34 AAR W/Drawal 7.59% 33.61% 2.69% 10.20% AAR Account 9.38% 34.78% 4.65% 11.90% Small-Cap Government Managed Money High Yield Large-Cap Index REIT Securities Bond Market Bond Value Start Date N/A N/A 12/31/97 12/31/97 12/31/97 12/31/97 N/A Beginning AUV 10.951870 11.137453 10.751784 11.829870 End Date 12/29/00 12/29/00 12/29/00 12/29/00 Ending AUV 12.581846 12.758805 12.095726 11.516654 Annual Fee (none) $ - $ - $ - $ - CDSC $ 63.00 $ 63.00 $ 63.00 $ 63.00 Ending ERV $ 1,131.78 $ 1,128.40 $ 1,107.00 $ 949.46 AAR W/Drawal 4.21% 4.11% 3.45% -1.71% AAR Account 6.11% 6.01% 5.37% 0.41%
Dollar Values are per $1000 of initial premium Average Annual Return (AAR) of Surrender Value = [(ERV/$1000) to the power of (1/3)]-1 Page 2 -------------------------------------------------------------------------------- Pacific Value Variable Annuity Separate Account Schedule for Computation of Performance Quotations Average Initial Premium = $100,000. -------------------------------------------------------------------------------- Last 5 Years ending 12/29/00
Aggressive Emerging Diversified Small-Cap International I-Net Multi Equity Markets Research Equity Large-Cap Equity Tollkeeper Strategy Start Date N/A N/A N/A 12/29/95 N/A 12/29/95 N/A 12/29/95 Beginning AUV 9.97412043 9.975743 9.940604 End Date 12/29/00 12/29/00 12/29/00 Ending AUV 17.604261 19.007950 15.906335 Annual Fee (none) $ - $ - $ - CDSC $ 45.00 $ 45.00 $ 45.00 Ending ERV $ 1,790.59 $ 1,936.63 $ 1,619.14 AAR W/Drawal 12.36% 14.13% 10.12% AAR Account 12.92% 14.66% 10.72% Equity Strategic Mid-Cap International Equity Income Value Growth LT Focused 30 Value Value Index Start Date 12/29/95 N/A 12/29/95 N/A N/A 12/29/95 12/29/95 Beginning AUV 9.898959 9.9929455 9.854125 9.920654 End Date 12/29/00 12/29/00 12/29/00 12/29/00 Ending AUV 18.600829 29.915213 14.062760 21.144785 Annual Fee (none) $ - $ - $ - $ - CDSC $ 45.00 $ 45.00 $ 45.00 $ 45.00 Ending ERV $ 1,909.23 $ 3,068.38 $ 1,439.18 $ 2,171.65 AAR W/Drawal 13.81% 25.14% 7.55% 16.78% AAR Account 14.34% 25.50% 8.22% 17.26% Small-Cap Government Managed Money High Yield Large-Cap Index REIT Securities Bond Market Bond Value Start Date N/A N/A 12/29/95 12/29/95 12/29/95 12/29/95 N/A Beginning AUV 9.993905 9.995276 9.995846 9.987722 End Date 12/29/00 12/29/00 12/29/00 12/29/00 Ending AUV 12.581846 12.758805 12.095726 11.516654 Annual Fee (none) $ - $ - $ - $ - CDSC $ 45.00 $ 45.00 $ 45.00 $ 45.00 Ending ERV $ 1,264.31 $ 1,282.54 $ 1,213.48 $ 1,154.20 AAR W/Drawal 4.80% 5.10% 3.95% 2.91% AAR Account 5.54% 5.83% 4.71% 3.70%
Dollar Values are per $1000 of initial premium Average Annual Return (AAR) of Surrender Value = [(ERV/$1000) to the power of (1/5)]-1 Page 3 -------------------------------------------------------------------------------- Pacific Value Variable Annuity Separate Account Schedule for Computation of Performance Quotations Average Initial Premium = $100,000. -------------------------------------------------------------------------------- Last 10 Years ending 12/29/00
Aggressive Emerging Diversified Small-Cap International I-Net Multi Equity Markets Research Equity Large Cap Equity Tollkeeper Strategy Start Date N/A N/A N/A 12/31/90 N/A 12/31/90 N/A 12/31/90 Beginning AUV 4.552741 5.557088 6.040356 End Date 12/29/00 12/29/00 12/29/00 Ending AUV 17.604261 19.007950 15.906335 Annual Fee (none) $ - $ - $ - CDSC $ - $ - $ - Ending ERV $ 4,021.41 $ 3,557.31 $ 2,738.68 AAR W/Drawal 14.93% 13.53% 10.60% AAR Account 14.93% 13.53% 10.60% Equity Strategic Mid-Cap International Equity Income Value Growth LT Focused 30 Value Value Index Start Date 12/31/90 N/A N/A N/A N/A 12/31/90 N/A Beginning AUV 5.392435 7.132017 End Date 12/29/00 12/29/00 Ending AUV 18.600829 14.062760 Annual Fee (none) $ - $ - CDSC $ - $ - Ending ERV $ 3,587.41 $ 2,050.65 AAR W/Drawal 13.63% 7.45% AAR Account 13.63% 7.45% Small-Cap Government Managed Money High Yield Large-Cap Index REIT Securities Bond Market Bond Value Start Date N/A N/A 12/31/90 12/31/90 12/31/90 12/31/90 N/A Beginning AUV 6.839579 6.629923 8.742869 5.140796 End Date 12/29/00 12/29/00 12/29/00 12/29/00 Ending AUV 12.581846 12.758805 12.095726 11.516654 Annual Fee (none) $ - $ - $ - $ - CDSC $ - $ - $ - $ - Ending ERV $ 1,913.15 $ 2,001.40 $ 1,438.84 $ 2,329.86 AAR W/Drawal 6.70% 7.18% 3.71% 8.83% AAR Account 6.70% 7.18% 3.71% 8.83%
Dollar Values are per $1000 of initial premium Average Annual Return (AAR) of Surrender Value = [(ERV/$1000) to the power of (1/10)]-1 Page 4 -------------------------------------------------------------------------------- Pacific Value Variable Annuity Separate Account Schedule for Computation of Performance Quotations Average Initial Premium = $100,000. -------------------------------------------------------------------------------- From Inception of Fund
Aggressive Emerging Diversified Small-Cap International I-Net Multi Equity Markets Research Equity Large Cap Equity Tollkeeper Strategy Start Date 4/1/96 4/1/96 1/3/00 1/4/88 1/3/00 1/3/84 5/1/00 1/4/88 Beginning AUV 10.000000 10.000000 10.000000 3.715777 10.000000 2.515479 10.000000 4.848630 End Date 12/29/00 12/29/00 12/29/00 12/29/00 12/29/00 12/29/00 12/29/00 12/29/00 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 (none) $ - $ - $ - $ - $ - $ - $ - $ - CDSC $ 45.00 $ 45.00 $ 63.00 $ - $ 63.00 $ - $ 63.00 $ - Ending ERV $ 1,194.76 $ 623.93 $ 1,067.30 $ 4,927.22 $ 741.95 $ 7,858.65 $ 635.82 $ 3,411.81 AAR W/Drawal 3.82% -9.46% 6.73% 13.06% -25.81% 12.89% -36.42% 9.90% AAR Account 4.63% -8.12% 13.03% 13.06% -19.51% 12.89% -30.12% 9.90% total return total return total return Equity Strategic Mid-Cap International Equity Income Value Growth LT Focused 30 Value Value Index Start Date 1/4/88 1/3/00 1/3/94 1/3/00 1/4/99 1/4/88 1/30/91 Beginning AUV 4.348104 10.000000 6.634056 10.000000 10.000000 6.046630 5.257292 End Date 12/29/00 12/29/00 12/29/00 12/29/00 12/29/00 12/29/00 12/29/00 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 (none) $ - $ - $ - $ - $ - $ - $ - CDSC $ - $ 63.00 $ 36.00 $ 63.00 $ 63.00 $ - $ - Ending ERV $ 4,449.03 $ 950.68 $ 4,653.71 $ 793.07 $ 1,266.35 $ 2,418.75 $ 4,182.87 AAR W/Drawal 12.17% -4.93% 24.60% -20.69% 12.62% 7.03% 15.52% AAR Account 12.17% 1.37% 24.74% -14.39% 15.41% 7.03% 15.52% total return total return Small-Cap Government Managed Money High Yield Large-Cap Index REIT Securities Bond Market Bond Value Start Date 1/4/99 1/4/99 1/4/88 1/4/88 1/4/88 1/4/88 1/4/99 Beginning AUV 10.000000 10.000000 5.409269 5.184201 7.340021 4.737509 10.000000 End Date 12/29/00 12/29/00 12/29/00 12/29/00 12/29/00 12/29/00 12/29/00 Ending AUV 11.188539 12.911339 12.581846 12.758805 12.095726 11.516654 12.494395 Days 725 725 4743 4743 4743 4743 725 Annual Fee (none) $ - $ - $ - $ - $ - $ - $ - CDSC $ 63.00 $ 63.00 $ - $ - $ - $ - $ 63.00 Ending ERV $ 1,100.61 $ 1,279.78 $ 2,419.02 $ 2,559.54 $ 1,713.83 $ 2,528.19 $ 1,236.42 AAR W/Drawal 4.94% 13.22% 7.03% 7.50% 4.23% 7.40% 11.28% AAR Account 7.93% 16.00% 7.03% 7.50% 4.23% 7.40% 14.09%
Dollar Values are per $1000 of initial premium Average Annual Return (AAR) of Surrender Value = [(ERV/$1000) to the power of (365/# days)]-1 Average Annual Total Return (AATR) of Surrender Value = (ERV/$1000)-1 Page 5 -------------------------------------------------------------------------------- Pacific Value Variable Annuity Separate Account Schedule for Computation of Performance Quotations Average Initial Premium = $100,000. -------------------------------------------------------------------------------- From Inception of Separate Account
Aggressive Emerging Diversified Small-Cap International I-Net Multi Equity Markets Research Equity Large Cap Equity Tollkeeper Strategy Start Date 4/17/96 4/17/96 1/3/00 10/1/99 1/3/00 1/2/96 5/1/00 1/2/96 Beginning AUV 9.908720 10.102463 10.000000 17.977974 10.000000 10.000000 10.000000 10.000000 End Date 12/29/00 12/29/00 12/29/00 12/29/00 12/29/00 12/29/00 12/29/00 12/29/00 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 (none) $ - $ - $ - $ - $ - $ - $ - $ - CDSC $ 45.00 $ 45.00 $ 63.00 $ 63.00 $ 63.00 $ 45.00 $ 63.00 $ 45.00 Ending ERV $ 1,206.18 $ 617.14 $ 1,067.30 $ 955.38 $ 741.95 $ 1,931.83 $ 635.82 $ 1,609.26 AAR W/Drawal 4.07% -9.75% 6.73% -3.60% -25.81% 14.09% -36.42% 9.99% AAR Account 4.88% -8.39% 13.03% 1.47% -19.51% 14.62% -30.12% 10.60% total return total return total return Equity Strategic Mid-Cap International Equity Income Value Growth LT Focused 30 Value Value Index Start Date 1/2/96 1/3/00 1/2/96 1/3/00 1/4/99 1/2/96 1/2/96 Beginning AUV 10.000000 10.000000 10.000000 10.000000 10.000000 10.000000 10.000000 End Date 12/29/00 12/29/00 12/29/00 12/29/00 12/29/00 12/29/00 12/29/00 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 (none) $ - $ - $ - $ - $ - $ - $ - CDSC $ 45.00 $ 63.00 $ 45.00 $ 63.00 $ 63.00 $ 45.00 $ 45.00 Ending ERV $ 1,889.49 $ 950.68 $ 3,066.18 $ 793.07 $ 1,266.35 $ 1,417.53 $ 2,154.06 AAR W/Drawal 13.59% -4.93% 25.15% -20.69% 12.62% 7.24% 16.61% AAR Account 14.12% 1.37% 25.51% -14.39% 15.41% 7.91% 17.09% total return total return Small-Cap Government Managed Money High Yield Large-Cap Index REIT Securities Bond Market Bond Value Start Date 1/4/99 1/4/99 1/2/96 1/2/96 1/2/96 1/2/96 1/4/99 Beginning AUV 10.000000 10.000000 10.000000 10.000000 10.000000 10.000000 10.000000 End Date 12/29/00 12/29/00 12/29/00 12/29/00 12/29/00 12/29/00 12/29/00 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 (none) $ - $ - $ - $ - $ - $ - $ - CDSC $ 63.00 $ 63.00 $ 45.00 $ 45.00 $ 45.00 $ 45.00 $ 63.00 Ending ERV $ 1,100.61 $ 1,279.78 $ 1,263.51 $ 1,281.92 $ 1,212.96 $ 1,152.73 $ 1,236.42 AAR W/Drawal 4.94% 13.22% 4.79% 5.10% 3.94% 2.89% 11.28% AAR Account 7.93% 16.00% 5.53% 5.83% 4.70% 3.68% 14.09%
Dollar Values are per $1000 of initial premium Average Annual Return (AAR) of Surrender Value = [(ERV/$1000) to the power of(365/# days)]-1 Average Annual Total Return (AATR) of Surrender Value = (ERV/$1000)-1 Page 6