Voya Indexed Universal Life-Global Plus

Transcription

1 calculation examples Voya ed Universal Life-Global Plus Values as of Issued by Security Life of Denver Insurance Company Required training! VFA Registered Representatives must review the Required Training Presentation prior using this document. However all distriburs can benefit from this helpful training better understand Voya ed Universal Life-Global Plus. Page 1 of 17

2 Voya ed Universal Life-Global Plus (the Policy ) is a flexible premium adjustable universal life policy. Under the Policy, a policy owner may allocate funds the Fixed Strategy, an ed Strategy, or any combination of the Strategies. This document provides examples of how interest credits are calculated under the ed Strategies. If an index block has not matured (open), no index credit is available. For these open s, this document performs the index calculations using the value(s) of the underlying index(es) as of. These hypothetical returns do not represent actual index credits. There is no guarantee that your Policy will benefit from an index-crediting strategy. values do not reflect dividends payable on the underlying scks. How is interest credited? There are 2 interest crediting strategies. Fixed Strategy 5-Year Global ed Strategy Your net premium payments are initially credited the Fixed Strategy that earns a current credited rate of interest that can vary, but will never be less than the guaranteed minimum interest rate of 2.00% per year. Funds allocated any of the ed Strategies may credit interest based in part on the performance of the es. These additional interest credits (called s ) are calculated and credited at the end of the index crediting period. Notably, funds allocated an ed Strategy in a particular month are not eligible for an until the end of the index crediting period. In general, the index crediting period commences on the 28 th day of the month following the transfer of the allocated funds. These funds become part of an created for funds allocated on this date. The maximum that can be earned on a is based on the and, which are subject change for future s but which are guaranteed not change once a is formed. The is guaranteed never be less than the as defined in the Contract Schedule. How are the, and EURO STOXX 50 values determined? The values of the, Hang Seng and EURO STOXX 50 are determined as of the close of trading on the New York Sck Exchange (NYSE) on the 28 th day of each month if the NYSE is open for trading, except for days on which valuations are suspended by the Securities and Exchange Commission, or as may be required by law. If the NYSE is not open for trading on the 28 th day of a given month, the value of the will be determined as of the close of trading on the next day the NYSE is open for trading. If an index is not valued on a day when the NYSE is open for trading, the assumed value of the index will be its value as of the close of trading on the most recent previous day the NYSE was open for trading and the index was valued. The Strategies do not represent direct investment in the, or EURO STOXX 50. What can I expect learn from this document? It is not possible accurately predict the s that will be provided an prior maturity. However, help Policy owners understand the method of calculating the s that might apply at the end of any index crediting period, we have provided examples for each possible of how the s would be calculated using values of the underlying index(es) at the start of each and as of. This document provides index information and index calculation examples for the ed Strategies for all possible s that have been available for Voya ed Universal Life- Global Plus. A given Policy may or may not, have or have had, funds invested in a given. Important read! This report is designed for Voya ed Universal Life-Global Plus. No index data and/or calculations can be used accurately predict the s that will actually be credited any Policy prior the maturing. The actual index credits can only be determined as of the last day of the index crediting period for any. Your actual Policy results will likely not match the examples shown in this document. You should not make any decisions about your Policy in reliance on the information contained herein. The examples and index data herein are for informational purposes only, may reflect information as of a point-in-time that is before the end of the index crediting period and should not be used predict future index values or index credits. You are not invested in the underlying index(es) and dividends on the underlying index(es) are not taken in account in the calculation of s. The that is provided in the examples is an annualized return of the calculated (), capped by maximum return limits where applicable. The calculations also assume that the used calculate the for the Global Strategy, are applied based on the rates as of. These facrs may apply different indexes at maturity. The shown is a months-based determination, and is shown for illustrative purposes only. For matured blocks, the calculation reflects the number of months between the and the, and the will equal the one-year return experienced. For open blocks, the calculation reflects the number of months from the through the valuation date (), and the expresses the results date as an equivalent annually compounded rate. The is calculated based on index values as of instead of maturity. Actual policy values are determined daily, based on actual daily balances. Please consult with your agent if you have questions about this document or your Policy. on the ed Strategy is calculated and added daily the value of each. The applied on the of the is determined based on the daily account value of the. Page 2 of 17

3 Voya ed Universal Life-Global Plus Matured and Open ized Returns for Available ed Strategies Open blocks are hypothetical based on index performance date and will likely not equate the realized index performance at the end of the block period. Returns shown are annual effective rates both Matured and Open blocks % 1 5 % 06/28/10 09/28/10 12/28/10 03/28/11 06/ 28/11 09/ 28/11 12/ 28/11 03/28/12 06/28/12 09/28/12 12/28/12 03/28/13 06/28/13 09/28/13 12/28/13 03/28/14 06/28/14 09/28/14 12/28/14 03/28/15 06/28/15 09/28/15 12/28/15 03/28/16 06/28/16 09/28/16 12/28/16 03/28/17 06/28/17 09/28/17 12/28/17 5-Year Global ed Strategy (Matured) 5-Year Global ed Strategy (Open) Page 3 of 17

4 Voya ed Universal Life-Global Plus Examples These charts provide only a snapshot of the index values and provide no information relative future index results. Your policy s performance will not match the examples or sample data shown in this document. You should not make any decision about your policy in reliance on the examples or sample data contained herein. The actual index credits can only be determined as of the last day of the index crediting period for any specific premium payment. 5-Year Global ed Strategy MATURED blocks starting 2010 ed Strategy Information Values Minimum 1, , % 75 % % Jun-10 Jun Unlimited 6 20, , % % % % % 7.81 % 2, , % 7.5 1, , % 75 % % Jul-10 Jul Unlimited 6 21, , % % % % % 7.63 % 2, , % 7.12 % 1, , % 75 % % Aug-10 Aug Unlimited 6 20, , % % % % % 7.59 % 2, , % 6.4 1, , % 75 % % Sep-10 Sep Unlimited 6 22, , % % % % % 5.42 % 2, , % 2.39 % 1, , % 75 % % Oct-10 Oct Unlimited 6 23, , % % % 2, , % 5.06 % 1, , % 75 % % Nov-10 Nov Unlimited 6 23, , % % % 6.73 % 2, , % 7.83 % 1, , % 75 % % Dec-10 Dec Unlimited 6 22, , % % % % 5.52 % 2, , % Page 4 of 17

5 5-Year Global ed Strategy MATURED blocks starting 2011 ed Strategy Information Values Minimum Jan-11 Feb-11 Mar-11 Apr-11 May- 11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 1, , Unlimited 65 % 23, , % % % % 2, , , , % 0.86 % 75 % % 0.21 % Unlimited 65 % 23, , % % % % 3, , , , % % 75 % % % Unlimited 65 % 23, , % % % 2, , , , % 2.47 % 75 % % 0.62 % Unlimited 65 % 23, , % % % % 3, , , , % % % Unlimited 65 % 23, , % % % % 2, , , , % 7.04 % 75 % % 1.76 % Unlimited 65 % 22, , % % % % 2, , , , % % % 0.07 % Unlimited 65 % 22, , % % % % 2, , , , % % 75 % % 2.54 % Unlimited 65 % 19, , % % % , , , , % % % 8.48 % Unlimited 65 % 18, , % % % % 2, , , % % 75 % % 9.35 % Unlimited 65 % 20, , % % % % 2, , , % % 75 % % % % % % % % % % % 4.35 % 4.03 % 4.97 % 4.78 % 5.12 % 5.04 % 6.07 % 7.65 % 8.34 % 6.34 % Page 5 of 17

6 5-Year Global ed Strategy MATURED blocks starting 2011 ed Strategy Information Values Minimum Nov-11 Dec-11 Nov-16 Dec-16 1, , Unlimited 65 % 18, , % % % % 2, , , , % % 75 % % 8.95 % Unlimited 65 % 18, , % % % , , % % % % % % 7.92 % 5-Year Global ed Strategy MATURED blocks starting 2012 ed Strategy Information Values Minimum Jan-12 Feb-12 Mar-12 Apr-12 May- 12 Jan-17 Feb-17 Mar-17 Apr-17 May-17 1, , Unlimited 65 % 20, , % % % % 2, , , , % % 75 % % 8.92 % Unlimited 7 21, , % % % % 2, , , , % 75 % % 7.94 % Unlimited 7 20, , % % % % 2, , , , % % 75 % % Unlimited 7 21, , % % 2, , , , % % 75 % % % Unlimited 7 19, , % % % % 2, , % % 75 % % % % % % % % 7.22 % 7.49 % 7.32 % 7.94 % 9.01 % Page 6 of 17

7 5-Year Global ed Strategy MATURED blocks starting 2012 ed Strategy Information Values Minimum Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 1, , Unlimited 7 19, , % 2, , , , % % 75 % % % Unlimited 7 19, , % % % % 2, , , , % % 75 % % % Unlimited 7 19, , % % % % % 2, , , , % % 75 % % Unlimited 7 20, , % % % % 2, , , , % % % Unlimited 7 21, , % % % 51. 2, , , , % % 75 % % % Unlimited 7 21, , % % % % 2, , , % % % % Unlimited 7 22, , % % % % 2, , , % % 75 % % 8.54 % % % % % % % 9.17 % 8.39 % 7.81 % 7.99 % 8.63 % % Page 7 of 17

8 5-Year Global ed Strategy MATURED blocks starting 2013 ed Strategy Information Values Minimum Jan-13 Feb-13 Mar-13 Jan-18 Feb-18 Mar-18 1, , Unlimited 7 23, , % 9.82 % % % % 2, , , , % % 75 % % Unlimited 7 23, , % % % % 2, , , % % 75 % % Unlimited 7 22, , % 8.66 % % % % 2, % % 75 % % % % % 9.05 % 8.08 % 7.07 % Page 8 of 17

9 5-Year Global ed Strategy OPEN blocks starting 2013 Apr-13 May- 13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 ed Strategy Information 1, Values Unlimited 7 22, , % 8.24 % % % % 2, , % % 75 % Unlimited 75 % 22, , % 7.74 % % % % 2, , % % % % Unlimited 75 % 20, , % % % % % 2, , % % % Unlimited 75 % 21, , % % % % 2, , % % % Unlimited 75 % 21, , % 9.87 % % % % 2, , % % % Unlimited 75 % 22, , % 7.83 % % % % 2, , % % % % Unlimited 75 % 22, , % 7.91 % % % % 3, , % % % % Unlimited 75 % 23, , % 6.43 % % % % 3, , % 7.92 % % % Unlimited 85 % 23, , % 7.29 % % % % 3, % 7.43 % % % % % % % % % % % % 6.94 % 6.86 % 7.87 % % 7.21 % 6.64 % 6.19 % 6.87 % Page 9 of 17

10 5-Year Global ed Strategy OPEN blocks starting 2014 Jan-14 Feb-14 Mar-14 Apr-14 May- 14 Jun-14 Jul-14 Aug-14 Sep-14 Oct-14 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 ed Strategy Information 1, Values Unlimited 85 % 21, , % 9.18 % % % , , % 9.63 % 75 % Unlimited 85 % 22, , % 7.87 % % % , , % % % Unlimited 85 % 22, , % 9.02 % % % % 3, , % 5.01 % % % Unlimited 85 % 22, , % 8.91 % % % % 3, , % 5.22 % % % Unlimited 85 % 23, , % 7.52 % % % , , % % Unlimited 85 % 23, , % 7.36 % % % % 3, , % 3.19 % % % Unlimited 85 % 24, , % % % % 3, , % 5.04 % % % Unlimited 85 % 24, , % 5.34 % % % % 3, , % 5.27 % % % Unlimited 85 % 23, , % 7.31 % % 3, , % 4.53 % % % Unlimited 85 % 23, , % 6.91 % % % % 3, % 9.72 % % % % % % % % % % 7.79 % 7.08 % 7.45 % 7.48 % % 6.28 % 6.18 % 6.93 % 6.94 % Page 10 of 17

11 5-Year Global ed Strategy OPEN blocks starting 2014 Nov-14 Dec-14 Nov-19 Dec-19 ed Strategy Information 2, Values Unlimited 85 % 23, , % 6.29 % % % % 3, , % 2.47 % 75 % Unlimited 85 % 23, , % 75 % % % % % 3, % 4.59 % % % % 6.13 % 6.31 % 5-Year Global ed Strategy OPEN blocks starting 2015 Jan-15 Feb-15 Mar-15 Apr-15 May- 15 Jan-20 Feb-20 Mar-20 Apr-20 May-20 ed Strategy Information 2, Values Unlimited 85 % 24, , % 5.19 % % % % 3, , % % 75 % % Unlimited 85 % 24, , % 5.16 % % % % 3, , % % % % Unlimited 85 % 24, , % % % % 3, , % % % % Unlimited 85 % 28, , % 1.39 % % % % 3, , % % % % Unlimited 85 % 27, , % 2.34 % % % % 3, % % % % % % % % % 6.92 % 5.82 % 6.35 % 5.21 % 5.55 % Page 11 of 17

12 5-Year Global ed Strategy OPEN blocks starting 2015 Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 ed Strategy Information 2, Values Unlimited 85 % 25, , % % % % 3, , % 75 % % Unlimited 85 % 24, , % 5.63 % % % % 3, , % % % % Unlimited 85 % 21, , % 75 % % % % % 3, , % 1.36 % % Unlimited 85 % 21, , % 75 % % % % % 3, , % % Unlimited 85 % 22, , % 75 % % % % % 3, , % % % Unlimited 85 % 21, , % 75 % % % % % 3, , % Unlimited 85 % 21, , % 75 % % % % % 3, % % % % % % % % % 6.94 % % % 9.62 % % % Page 12 of 17

13 5-Year Global ed Strategy OPEN blocks starting 2016 Jan-16 Feb-16 Mar-16 Apr-16 May- 16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 ed Strategy Information 1, Values Unlimited 85 % 19, , % % 2, , % % Unlimited 85 % 19, , % 75 % % % % % 2, , % % Unlimited 85 % 20, , % 75 % % % % , , % % % Unlimited 85 % 21, , % 75 % % % % % 3, , % 6.59 % % Unlimited 85 % 20, , % 75 % % % % % 3, , % 8.74 % % Unlimited 85 % 20, , % 75 % % % % % 2, , % % % Unlimited 85 % 22, , % 75 % % % % % 2, , % % % Unlimited 85 % 22, , % 75 % % % % , , % % Unlimited 85 % 23, , % 75 % % % % % 2, , % % % Unlimited 85 % 22, , % 75 % % % % % 3, % 8.18 % % % % % % % % % % % % % % % % % Page 13 of 17

14 5-Year Global ed Strategy OPEN blocks starting 2016 Nov-16 Dec-16 Nov-21 Dec-21 ed Strategy Information 2, Values Unlimited 85 % 22, , % % % % % 3, , % % 4.58 % Unlimited 85 % 21, , % % % % 3, % % % % % % 5-Year Global ed Strategy OPEN blocks starting 2017 Jan-17 Feb-17 Mar-17 Apr-17 May- 17 Jan-22 Feb-22 Mar-22 Apr-22 May-22 ed Strategy Information 2, Values Unlimited 85 % 23, , % 75 % % % % , , % % Unlimited 85 % 23, , % 75 % % % 3, , % 0.35 % % Unlimited 85 % 24, , % 75 % % % 3, , % % % Unlimited 85 % 24, , % 75 % % % % % 3, , % % % Unlimited 85 % 25, , % 75 % % % 3, % % % % % % % % % % % % Page 14 of 17

15 5-Year Global ed Strategy OPEN blocks starting 2017 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 ed Strategy Information 2, Values Unlimited 85 % 25, , % 75 % % % % , , % % 1.68 % Unlimited 85 % 26, , % 75 % 8.46 % % 3, , % % % Unlimited 85 % 27, , % 75 % 5.81 % 7.46 % 7.46 % % 3, , % % % Unlimited 85 % 27, , % 75 % 7.11 % 8.06 % 8.06 % % 3, , % % % Unlimited 85 % 28, , % 75 % 4.46 % 4.78 % 4.78 % % 3, , % % Unlimited 85 % 29, , % 75 % 0.86 % 0.65 % 0.65 % % 3, , % % % Unlimited 85 % 29, , % 75 % % , % % % % 6.34 % 6.85 % Floor Floor Floor % % % % % 1.68 % 1.0 Page 15 of 17

16 5-Year Global ed Strategy OPEN blocks starting 2018 Jan-18 Feb-18 Jan-23 Feb-23 ed Strategy Information 2, Values Unlimited 85 % 32, , % , , % % % 75 % % Unlimited 85 % 30, , % 75 % % , % % % Floor Floor Page 16 of 17

17 Other important information While indexed universal life insurance policy values may be affected by an external index, your Policy: Is not an investment in the sck market and doesn t participate in any sck, equity or bond investments; Is not a variable product or any type of investment contract; Does not buy or participate directly in any external index or indexes; and Is not meant be used as an investment vehicle. Notice regarding the impact of taking a policy loan or partial withdrawal from an index block before maturity Policy loans or partial withdrawals may reduce or eliminate s, generate an income tax liability, reduce available Surrender Value and reduce the death benefit, or cause the policy lapse. Additionally, loans may limit your ability make Elections the ed Strategy. If a Traditional loan results in amounts being deducted from a prior its, no Elections from the Fixed Strategy the ed Strategy will be processed in the 36 months following the loan. Voya ed Universal Life-Global Plus (the "Policy") IS A FLEXIBLE PREMIUM ADJUSTABLE UNIVERSAL LIFE INSURANCE POLICY THAT OFFERS A DEATH BENEFIT TO THE BENEFICIARIES OF THE POLICY AND MAY BE PURCHASED TO MEET LIFE INSURANCE NEEDS. WHILE THE POLICY SURRENDER VALUES MAY BE DETERMINED BY REFERENCE TO AN INDEX-LINKED CREDITING STRATEGY, SUCH SURRENDER VALUES SUPPORT THE DEATH BENEFIT OFFERED UNDER THE POLICY. THIS POLICY DOES NOT PARTICIPATE IN ANY INDEX FUND, STOCK, OR EQUITY INVESTMENTS. THIS POLICY IS NOT A VARIABLE CONTRACT OR AN INVESTMENT CONTRACT. Voya ed Universal Life-Global Plus, Policy form series # /10 has an equity ed feature, varies by state and may not be available in every state. It is issued by Security Life of Denver Insurance Company (Denver, CO), a member of the Voya family of companies. Not available in New York. The and are subject change for new s. All guarantees are based on the financial strength and claims paying ability of Security Life of Denver Insurance Company who is solely responsible for the obligations under its own policies. EURO STOXX 50 - An of blue-chip scks that are represented by 50 scks covering the largest secr leaders in the EURO STOXX 50. It does not reflect dividends payable on the underlying scks. STOXX Limited, Zurich, Switzerland and its licensors (the "Licensors") have no relationship Security Life of Denver Insurance Company ("Security Life"), other than the licensing of the EURO STOXX 50 and the related trademarks for use in connection with the Policy. STOXX and its Licensors do not: (1) Sponsor, endorse, sell or promote the Policy; (2) Recommend that any person invest in the Policy or any securities; (3) Have any responsibility or liability for or make any decisions about the timing, amount or pricing of the Policy; (4) Have any responsibility or liability for the administration, management or marketing of the Policy; or (5) Consider the needs of the Policy or the owners of the Policy in determining, composing or calculating the EURO STOXX 50 or have any obligation do so. (the "") is published and compiled by es Company Limited pursuant a license from Data Services Limited. The mark and name " " are proprietary Data Services Limited. es Company Limited and Data Services Limited have agreed the use of, and reference, the by Security Life of Denver Insurance Company ("Security Life") in connection with this indexed universal life insurance policy (the "Policy"), BUT NEITHER HANG SENG INDEXES COMPANY LIMITED NOR HANG SENG DATA SERVICES LIMITED WARRANTS OR REPRESENTS OR GUARANTEES TO ANY BROKER OR HOLDER OF THE POLICY OR ANY OTHER PERSON (i) THE ACCURACY OR COMPLETENESS OF THE INDEX AND ITS COMPUTATION OR ANY INFORMATION RELATED THERETO; OR (ii) THE FITNESS OR SUITABILITY FOR ANY PURPOSE OF THE INDEX OR ANY COMPONENT OR DATA COMPRISED IN IT; OR (iii) THE RESULTS WHICH MAY BE OBTAINED BY ANY PERSON FROM THE USE OF THE INDEX OR ANY COMPONENT OR DATA COMPRISED IN IT FOR ANY PURPOSE, AND NO WARRANTY OR REPRESENTATION OR GUARANTEE OF ANY KIND WHATSOEVER RELATING TO THE INDEX IS GIVEN OR MAY BE IMPLIED. The process and basis of computation and compilation of the and any of the related formula or formulae, constituent scks and facrs may at any time be changed or altered by es Company Limited without notice. TO THE EXTENT PERMITTED BY APPLICABLE LAW, NO RESPONSIBILITY OR LIABILITY IS ACCEPTED BY HANG SENG INDEXES COMPANY LIMITED OR HANG SENG DATA SERVICES LIMITED (i) IN RESPECT OF THE USE OF AND/OR REFERENCE TO THE INDEX BY Security Life IN CONNECTION WITH THE POLICY; OR (ii) FOR ANY INACCURACIES, OMISSIONS, MISTAKES OR ERRORS OF HANG SENG INDEXES COMPANY LIMITED IN THE COMPUTATION OF THE INDEX; OR (iii) FOR ANY INACCURACIES, OMISSIONS, MISTAKES, ERRORS OR INCOMPLETENESS OF ANY INFORMATION USED IN CONNECTION WITH THE COMPUTATION OF THE INDEX WHICH IS SUPPLIED BY ANY OTHER PERSON; OR (iv) FOR ANY ECONOMIC OR OTHER LOSS WHICH MAY BE DIRECTLY OR INDIRECTLY SUSTAINED BY ANY BROKER OR HOLDER OF THE POLICY OR ANY OTHER PERSON DEALING WITH THE POLICY AS A RESULT OF ANY OF THE AFORESAID, AND NO CLAIMS, ACTIONS OR LEGAL PROCEEDINGS MAY BE BROUGHT AGAINST HANG SENG INDEXES COMPANY LIMITED AND/OR HANG SENG DATA SERVICES LIMITED IN CONNECTION WITH THE POLICY IN ANY MANNER WHATSOEVER BY ANY BROKER, HOLDER OR OTHER PERSON DEALING WITH THE POLICY. Any broker, holder or other person dealing with the Policy does so therefore in full knowledge of this disclaimer and can place no reliance whatsoever on es Company Limited and Data Services Limited. For the avoidance of doubt, this disclaimer does not create any contractual or quasi-contractual relationship between any broker, holder or other person and es Company Limited and/or Data Services Limited and must not be construed have created such relationship. The is a product of S&P Dow Jones Indices LLC ("SPDJI"), and has been licensed for use by Security Life of Denver Insurance Company. Standard & Poor's, S&P and are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Security Life of Denver Insurance Company. Security Life of Denver Insurance Company's ed Universal Life Insurance products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500. These unmanaged indexes are not intended represent specific mutual funds. Invesrs cannot invest directly in an index. Individual results may vary due management fees, transaction costs and taxes. Performance figures do not take in account the fees and expenses of the product. Past performance is not a guarantee of future results. Most of the capitalized terms used in this document are defined in the "Terms Understand" section of your Policy. Please refer that section for further explanation about these terms Voya Services Company. All rights reserved. CN BT Page 17 of 17