SMALL CAP GROWTH ACCOUNT - II

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

Objective

The objective of this account is to earn long-term capital growth from investments in common stocks or other equity securities. It is invested solely in the Loomis Sayles Small Cap Value Fund Institutional Class Shares.

The Small Cap Growth Account - II is available only to participants in retirement plans whose sponsors were Sentry customers on or before September 30, 2008. If this account is available in your plan, it will be included in your online enrollment and transfer forms.

Investor Profile

The Small Cap Growth Account - II may be suitable for investors with very long-term investment horizons who are seeking long-term growth of capital from investments in common stocks or other equity securities believed to be undervalued by the market in relation to earnings, dividends, assets and growth potential. Individuals must be willing and able to accept substantial changes in unit price in the short, long and very long-term.

Investment Strategy

The Fund seeks to achieve its objective by generally looking for companies that it believes are undervalued by the market in relation to earning dividend, asset and growth prospects. The Fund invests primarily in stocks of companies with a market capitalization that falls within the capitalization range of the Russell 2000 Index, and the rest of its assets may be invested in larger companies. Current income is not a consideration in selecting the Fund's investments. The Fund may invest up to 20% of its assets in securities of foreign issuers.

Investment Considerations

The Small Cap Growth Account - II takes an actively managed, value approach to investing in companies with small capitalizations. A small capitalization company is defined as one that falls within the capitalization range of the Russell 2000 Index. This account can be used by investors seeking to diversify a portion of their retirement planning account into the small-cap value marketplace with an active (as opposed to a passive/index) management strategy that follows a value approach to investing.

PORTFOLIO DATA

Asset Allocation (as of 06-30-2008)     Equities 96.70% Cash & Equivalent 3.30%   Key Facts (as of 06-30-2008)     Number of Holdings 167 Price/Earnings Ratio 1 year trailing 16.28x Portfolio Turnover 57.00% Beta 3 year trailing (vs. Russell 2000 Value) 0.92 Standard Deviation as of 12-31-2007 13.44%   Top Ten Stock Holdings (as of 06-30-2008) Concentration   Range   Penn Virginia 0 %     UGI Corp 0 %     Wiley John & Sons CL 0 %     Rollins Inc. 0 %     Broadridge Financial Solutions 0 %     Alliance Data Systems Corp. 0 %     Potlatch Holdings Inc. 0 %     Mariner Energy Inc. 0 %     Littelfuse Inc. 0 %     Reliance Steel & Aluminum Co. 0 %     Top Ten Equals 12.66% of Portfolio   Top Sectors (as of 06-30-2008)       Industrials 20.10 % Information Technology 17.70 % Financials 17.60 % Consumer Discretionary 10.60 % Energy 9.00 % Health Care 7.30 % Materials 5.70 % Utilities 5.00 % Cash & Equivalents 3.30 % Consumer Staples 2.90 % Equity Mutual Funds 0.70 % Total % of Portfolio 99.90 % Loomis Sayles Small Cap Value Fund Inst Shares* Average Annual Returns Annual Total Returns (as of 08-31-2008) (as of 12-31)           1 Month 3.02%     3 Months (3.01)%     YTD (4.43)%     1 year (7.11)%     3 years 6.01%     5 years 10.99%     10 years 11.93%                                     1994       (8.31)%     1995       32.18%     1996       30.35%     1997       25.99%     1998       (1.08)%     1999       0.37%     2000       23.19%     2001       13.87%     2002       (13.23)%     2003       34.55%     2004       21.78%     2005       6.24%     2006       18.31%     2007       3.44%