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CONCENTRATED GROWTH ACCOUNT

Following is a summary of information about the Sentry Concentrated Growth Account. Investors are advised to learn key data about an investment prior to making any investment decision.

Objective

The objective of this account is to seek capital appreciation. It is invested solely in Janus Aspen Forty Portfolio - Institutional Shares.

Investor Profile

The Concentrated Growth Account may be suitable for investors with a very long-term investment horizon who are seeking long-term growth of capital through a non-diversified approach investing in a limited number of common stocks with growth potential. Individuals must be willing and able to accept substantial change in unit price in the short, long and very long term.

Investment Strategy

Janus Aspen Forty Portfolio - Institutional Shares invests primarily in common stocks selected for their growth potential. The portfolio may invest in companies of any size, from larger, well-established companies to smaller, emerging companies.

Investment Considerations

The Concentrated Growth Account is one of the five highest risk investment options offered by Sentry to retirement plan participants. The Concentrated Growth Account is quite risky because it is a nondiversified portfolio. The Concentrated Growth Account can be used in combination with other accounts for increased diversification depending on the desired level of risk sought by the investor. Concentration may lead to greater price volatility.

PORTFOLIO DATA

Asset Allocation (as of 06-30-2008)
  
Common Stock - Domestic55.92%
Common Stock - Foreign37.50%
 
Key Facts (as of 06-30-2008)
  
Number of Stocks29
Price/Earnings Ratio (1 year forward)24x
Turnover Rate Annualized (As of 10-31-2007)55.22%
Beta (vs. Russell 1000 Index)1.07
Standard Deviation as of 12-31-200729.12%
 
Top Five Stock Holdings (as of 06-30-2008)
Potash Corp. of Saskatchewan, Inc. (U.S. Shares)
Research In Motion, Ltd. (U.S. Shares)
Gilead Sciences, Inc.
Hess Corp.
ABB, Ltd.
Top Five Holdings Equals 31.79%
 
Top Sectors (as of 06-30-2008)
   
Consumer, Non-Cyclical22.98%
Basic Materials17.85%
Technology14.99%
Energy11.89%
Communications7.48%
Consumer, Cyclical6.96%
Industrial5.78%
Financials5.49%
Total % of Portfolio93.42%
Janus Aspen Forty Port Inst Shares*
Average Annual Returns Annual Total Returns
(as of 07-31-2008) (as of 12-31)
    
 1 Month(4.22)% 
 3 Months(6.28)% 
 YTD(8.70)% 
 1 year15.92% 
 3 years14.13% 
 5 years15.74% 
 10 years9.31% 
    
    
    
    
 1998      58.11% 
 1999      67.00% 
 2000      (18.18)% 
 2001      (21.67)% 
 2002      (15.67)% 
 2003      20.54% 
 2004      18.23% 
 2005      12.85% 
 2006      9.35% 
 2007      36.99% 

* Investment management, brokerage fees and all other expenses of Janus total 0.70 percent per year and are deducted from the asset value of the Janus Aspen Forty Portfolio - Institutional Shares. Expense ratio includes a management fee as of 7/1/04; other expense components are as of 12/31/03. Effective 7/1/04, Janus Capital agreed to reduce the annual rate of the Portfolio's management fee, as set forth in the Portfolio's Investment Advisory Agreement with Janus Capital. The investment manager for the Janus Aspen Forty Portfolio - Institutional Shares is Ron Sachs. *Performance figures for Janus Aspen Forty Portfolio - Institutional Shares include the reinvestment of all dividends and capital gain distributions. All returns are net of portfolio expenses. Money invested by participants in the Sentry Life Concentrated Growth Account is then invested by Sentry Life Insurance Company or Sentry Life Insurance Company of New York into the underlying portfolio. A separate account fee for sales, marketing, taxes, account compliance, overhead and legal/audit fees will be applied to this Separate Account. The separate account fee is reduced by the Janus administrative fee payment remitted to Sentry of .15% annualized. The separate account fee will reduce the total returns of the Separate Account quoted above. The information contained in this fact sheet is for illustrative purposes only and is not an indication of future composition or performance. The investment return and principal value of this Separate Account will fluctuate along with changes in Janus Aspen Forty Portfolio - Institutional Shares so that units, when redeemed, may be worth more or less than their original cost. Past performance is not a guarantee of future results.

Sentry Life Insurance Company, Stevens Point, Wisconsin (products not available in all states)
Sentry Life Insurance Company of New York, Syracuse, New York (products available in New York only)

Sentry’s property and casualty insurance coverages are underwritten by Sentry Insurance a Mutual Company, or its subsidiaries and affiliates Sentry Select Insurance Company, Middlesex Insurance Company, or Patriot General Insurance Company; Stevens Point, Wisconsin, and Sentry Lloyds of Texas, Round Rock, Texas. Companies not licensed in all states. Life insurance, pensions and group products are issued and administered by Sentry Life Insurance Company, Stevens Point, Wisconsin. In the State of New York, life insurance, pensions and group products are issued and administered by Sentry Life Insurance Company of New York, Syracuse, New York. Policies, coverages, and discounts are not available in all states.

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