THE GUARANTEED FUND

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

Objective

To provide an excellent fixed rate of return and exceptional investment security.

Investor Profile

The Guaranteed Fund is suitable for savers who do not want to be subject to the risk of having their retirement account decline in value and investors in combination with more aggressive investment choices to provide balance and diversification for their retirement account.

Individuals seeking long-term growth of capital should not invest in the Guaranteed Fund.

Investment Strategy

The Guaranteed Fund provides a guaranteed, fixed interest rate and a guarantee that the principal will not suffer a decline in value as long as the contract is in force. However, when a contract is terminated, an adjustment might be made to the money deposited in the Guaranteed Fund that would result in a decline in value of the Guaranteed Fund. In order to provide competitive guaranteed interest rates, Sentry invests in intermediate and long term bonds. When a contract is terminated, it may be necessary to divert otherwise investable cash flows or to sell some securities to meet liquidity needs. In certain interest rate environments, investment income could be reduced or bonds could be sold at a loss. This market value adjustment protects the interest of remaining customers and helps maintain financial stability.

Investment Considerations

The Guaranteed Fund is backed by the assets of Sentry Life Insurance Company or Sentry Life Insurance Company of New York and guided by a written policy approved by the board of directors. Sentry Life´s investment policy has consistently restricted the purchase of bonds to those that are investment grade. Bonds have consistently comprised more than 90 percent of the invested assets supporting Sentry Life´s general account.

Depending on the type of Sentry contract used by your retirement plan, the interest rates in the Guaranteed Fund are guaranteed for either a calendar year or for a plan year period. Contact your employer or your Sentry representative for more information, including the current guaranteed rate for your plan.