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TREASURY INFLATION PROTECTION SECURITY ETF ACCOUNT

Following is a summary of information about the Treasury Inflation Protection Security 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 generally to the price and yield performance, before fees and expenses, of the Lehman Brothers U.S. Treasury Inflation Notes Index or similar Treasury Inflation Protection Security index. It invests solely in the Sentry Treasury Inflation Protection Security ETF Portfolio.

Investor Profile

The Treasury Inflation Protection Security ETF Account may be suitable for investors who are interested in pursuing the price and yield performance of the Lehman Brothers U.S. Treasury Notes Index or a similar Treasury Inflation Protection Security index. Individuals must be willing and able to accept moderate changes in unit price both in the short and long term.

Investment Strategy

Sentry Treasury Inflation Protection Security ETF Portfolio invests primarily in one or more exchange traded funds (ETFs) that seek investment results that correspond to the price and yield performance, before fees and expense, of the Lehman Brothers U.S. Treasury Inflation Notes Index or a similar Treasury Inflation Protection Security 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 principal value of the Treasury Inflation Protection Security ETF Account is subject to declines when interest rate levels rise. This Account takes a passive approach to investing in Treasury Inflation Protection Securities and is appropriate for investors seeking a passive investment management approach to U. S. Treasury Inflation Protection Securities for a portion of their retirement portfolio.

PORTFOLIO DATA

Asset Allocation (as of 06-30-2008)
  
iShares Lehman TIPS Bond Fund95.40%
Cash4.60%
 
Key Facts (as of 06-30-2008)
  
Number of Holdings25
Weighted Average Maturity9.22 years
Weighted Average Coupon2.38%
Effective Duration7.48 years
 
Maturity Percentage of Fund (as of 06-30-2008)  
0-1 Years0%
1-5 Years27.75%
5-10 Years42.82%
10-15 Years0%
15-20 Years20.47%
20-25 Years8.07%
25 Years and Over0%
Average is 9.22 years99.11%
Sentry TIPS ETF Portfolio*
Average Annual Returns Annual Total Returns
(as of 07-31-2008) (as of 12-31)
    
 1 Month(0.10)% 
 3 Months2.13% 
 YTD3.74% 
 1 year9.67% 
 3 yearsN/A 
 5 yearsN/A 
 10 yearsN/A 
    
    
    
    
 2006      (5.29)% 
 2007      7.17% 

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 TIPS ETF Portfolio. The investment managers for the Sentry TIPS ETF Portfolio are Christopher Meadows, CFA and Chad Rice. *Performance figures for the Sentry TIPS 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 Treasury Inflation Protection Security 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 TIPS 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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