Since Alternative Allocation Portfolio is no longer offered, this section is presented for informative purposes to the product holders.

Underlying assets
 

• Fixed income
• Equity
• Real estate
• Event-driven bonds
• Commodities
• Alternative Strategies
• Managed futures
   

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

• 7-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
• Available as a registered investment only
• Eligible for LIFs only in the province of Quebec
   

Potential return at maturity
 

• No cap
   

Death benefit guarantee**

For deposits made before age 72

• The death benefit is the higher of 100% of the initial deposit or the current value.
   

For deposits made from age 72 to 79

• For the first three years, the death benefit is the higher of 100% of the initial deposit or the surrender value.
• Thereafter, the death benefit is the higher of 100% of the initial deposit or the current value.
   

For deposits made from age 80 to 95

• The first year, the death benefit is the higher of 80% of the initial deposit or the surrender value.
• The second year, the death benefit is the higher of 90% of the initial deposit or the surrender value.
• The third year, the death benefit is the higher of 100% of the initial deposit or the surrender value.
• Thereafter, the death benefit is the higher of 100% of the initial deposit or the current value.
   

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% - 2.4%) x number of years to maturity remaining x current value]
• The surrender value cannot exceed the current value but may be higher or lower than the initial deposit.
   

Interest on deposits made before an initial date
 

• About 1% over daily interest rate
   

Management fees
 

• Currently less than 1%
   

Assuris Protection (formely known as CompCorp)

Creditor protection***
 

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

First Year Commission and Trailer fees
 

• 2.5% 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, if the designated beneficiary is the spouse, he/she can keep the contract until
     the maturity date.
*** 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.