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MID-CAP GROWTH ETF ACCOUNT

Following is a summary of information about the Mid-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 MidCap 400 Index, or a similar U.S. mid-cap stock index. It invests solely in the Sentry Mid-Cap Growth ETF Portfolio.

Investor Profile

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

Investment Strategy

Sentry Mid-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. mid-cap stocks, as represented by the S&P MidCap 400 Index or a similar index. The portfolio managers employ a passive investment strategy. Cash may be held in the portfolio to efficiently accommodate purchases and redemptions.

Investment Considerations

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

PORTFOLIO DATA

Asset Allocation (as of 09-30-2009)
  
iShares S&P MidCap 400 Index Fund99.10%
Cash0.90%
 
Key Facts (as of 09-30-2009)
  
Price/Earnings Ratio23.99x
Price/Book Ratio2.93x
Beta (vs. S&P 500)1.18
 
Top Ten Stock Holdings (as of 09-30-2009)
Priceline.com Inc.
Vertex Pharmaceuticals Inc.
Ross Stores Inc.
Newfield Exploration
Everest RE Group LTD
Pride International Inc.
Cerner Corp.
Joy Global Inc.
Henry Schein, Inc.
Lubrizol Corp
Top Ten Equals 6.46% of Fund
 
Top Sectors (as of 09-30-2009)
   
Financials18.23%
Consumer Discretionary15.71%
Information Technology15.16%
Industrials14.78%
Health Care12.26%
Materials6.77%
Energy6.55%
Utilities6.05%
Consumer Staples3.80%
Telecommunication0.57%
Total99.88%
Sentry Mid-Cap Growth ETF Portfolio*
Average Annual Returns Annual Total Returns
(as of 10-31-2009) (as of 12-31)
    
 1 Month(4.39)% 
 3 Months5.07% 
 YTD23.20% 
 1 year16.13% 
 3 years(6.01)% 
 5 yearsN/A 
 10 yearsN/A 
    
    
    
    
 2006      4.11% 
 2007      4.98% 
 2008      (36.76)% 

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 Mid-Cap Growth ETF Portfolio. The investment managers for the Sentry Mid-Cap GrowthETF Portfolio are Christopher Meadows, CFA and Chad Rice. *Performance figures for the Sentry Mid-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 Mid-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 Mid-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. ..

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