Underlying indices
 

• DJ Euro STOXX 50
• FTSE 100
• Hang Seng
• NASDAQ 100
• S&P/ASX 200
• SMI
   

Term and maturity guarantee (Issue of April 1, 2008)
 

• 6-year term: 100% of the initial deposit

Minimum deposit*
 

• $500 Deposits are accepted up to age 95.
   

Eligibility for registered plans
 

• Eligible for RRSPs, RRIFs, LIRAs and LIFs
• Also available non-registered
• Eligible for LIFs only in the province of Quebec
   

Potential return at maturity
 

• Each year, the index with the highest cumulative return is selected and removed from the basket of indices. At the end of the term, the rate of return is equal to the arithmetic average of the selected cumulative returns.
• No cap
   

Death benefit guarantee**
 

• The death benefit is 100% of the initial deposit.
   

Surrender option
 

• The initial deposit may be surrendered or transferred in full or in part at any time.
• Surrender value = current value - [(compound interest rate on deposit with similar remaining term + 1.5%) X number of years to maturity remaining X current value]
• The surrender value cannot exceed the initial deposit.
   

Taxation of non-registered plans
 

• Taxed at maturity
• Income eligible for the $1,000 pension income credit for those aged 65 or older.
   

Interest on deposits made before an initial date
 

• Daily interest rate +1%
   

Management fees
 

• No fees
    

Assuris Protection

Creditor protection***
 

• When a "preferred" beneficiary or an irrevocable beneficiary is named.
   

First Year Commission and Trailer Fees
 

• 2.4% at issue plus 0.25% per year
   

*All deposits are initially invested in a special daily interest fund pending their investment on the next issue date. The sum accumulated (minimum of $500) on this date, called the initial date, constitutes the initial deposit and will be invested in the option and term selected. The maturity date of a PAC depends on the initial date and term.
**Upon the annuitant's death, the beneficiary can keep the contract until the maturity date. In the case of registered plans, the named beneficiary must be the spouse.
***This is for your information only and does not constitute a legal opinion. The exemption from seizure rules can differ by province and can be very complex. Contracts are subject to seizure if it can be proven that the plan was set up to avoid paying off a debt or if the insured goes bankrupt within one year of designating a beneficiary. We recommend that you contact a lawyer or notary to review your specific situation.