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LARGE CAP GROWTH ETF ACCOUNT

Following is a summary of information about the Large Cap Growth ETF 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 investment results that correspond to the performance, before fees and expenses, of the S&P 500 Index, or a similar U.S. large cap stock index. It invests solely in the Sentry Large Cap Growth ETF Portfolio.

Investor Profile

The Large Cap Growth ETF Account may be suitable for investors with a long-term investment horizon who are seeking growth of capital and income from dividends by participating in the large capitalization sector of the U.S. stock market. Individuals must be willing and able to accept considerable changes in unit price both in the short and long term.

Investment Strategy

Sentry Large Cap Growth ETF Portfolio invests primarily in one or more exchange traded funds (ETFs) that seek investment results that correspond to the performance, before fees and expenses, of U.S. large-cap stocks, as represented by the S&P 500 Index or a similar U.S. large cap stock index. The portfolio manager employs a passive investment strategy. Cash may be held in the portfolio to efficiently accommodate purchases and redemptions.

Investment Considerations

The Large Cap Growth ETF Account takes a passive approach to investing in large U.S. companies and is appropriate for investors seeking a passive investment management approach to U.S. large-cap stocks for a portion of their retirement portfolio.

PORTFOLIO DATA

Asset Allocation (as of 06-30-2008)
  
iShares S&P 500 Index Fund98.80%
Cash1.20%
 
Key Facts (as of 06-30-2008)
  
Price/Earnings Ratio19.24x
Price/Book Ratio3.94x
Beta (vs. S&P 500)1.00
 
Top Ten Stock Holdings (as of 06-30-2008)
Exxon Mobil Corp.
General Electric Co.
Microsoft Corp.
Chevron Corp.
AT&T, Inc.
Procter & Gamble Co.
Johnson & Johnson
International Business Machines Corp.
Apple Computer, Inc.
ConocoPhillips Co.
Top Ten Equals 19.49%
 
Top Sectors (as of 06-30-2008)
   
Information Technology16.41%
Energy16.18%
Financials14.19%
Health Care11.90%
Industrials11.10%
Consumer Staples10.77%
Consumer Discretionary8.11%
Utilities3.98%
Materials3.83%
Telecommunication Services3.32%
Total99.79%
Sentry Large Cap Growth ETF Portfolio*
Average Annual Returns Annual Total Returns
(as of 07-31-2008) (as of 12-31)
    
 1 Month(0.90)% 
 3 Months(8.31)% 
 YTD(13.35)% 
 1 year(12.51)% 
 3 yearsN/A 
 5 yearsN/A 
 10 yearsN/A 
    
    
    
    
 2006      10.62% 
 2007      3.80% 

Investment management, brokerage fees and all other expenses of Sentry Investment Management, Inc. total 0.25 percent per year and are deducted from the asset value of the Sentry Large Cap Growth ETF Portfolio. The investment managers for the Sentry Large Cap Growth ETF Portfolio are Christopher Meadows, CFA and Chad Rice. *Performance figures for the Sentry Large Cap Growth ETF Portfolio 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 Large Cap Growth ETF Account is then invested by Sentry Life Insurance Company 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 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 the Sentry Large Cap Growth ETF Portfolio so that units, when redeemed, may be worth more or less than their original cost. Past performance is not a guarantee of future results. 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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