WRL Freedom Premier III Variable Annuity

Transcription

1 WRL Freedom Premier III Variable Annuity The performance quoted represents past performance and does not guarantee future results; and current performance may be lower or higher than the performance quoted. The annuity value will fluctuate with market conditions so that when surrendered, it may be worth more or less than the total of premium payments. This material gives performance numbers for WRL Freedom Premier III Variable Annuity. Variable annuities are long-term, tax deferred vehicles that offer investment options through subaccounts and insurance features such as annuitization and death benefit options. Investors should consider the investment objectives, risks, charges and expenses of each investment company carefully before investing. Both the contract prospectus and underlying fund prospectus contain this and other information about the investment companies. The contract prospectus and underlying fund prospectus should be read carefully before investing. To request a prospectus be mailed to you call To obtain performance data current to the most recent month-end go to Taxes are due upon distribution of earnings. Distribution of earnings made prior to age 9½ may be subject to a 0% federal tax penalty. Surrender charges may also apply according to the terms of the variable annuity contract. The performance figures shown reflect the fees and charges of the current version of this product. Depending on the version of your contract, the performance figures shown in this report may not necessarily reflect the returns earned. Some portfolios may not be available to existing annuity owners. Generally, each portfolio has broad risks that apply to all portfolios, such as market risk, as well as specific risks of investing in particular types of portfolios. Investing in certain types of portfolios, such as foreign (non-u.s.) securities or small or mid-cap funds, subjects your annuity to greater risk and volatility than the general market. The risks of a fund may be increased by the use of derivatives, such as futures, options and swaps. Please see the contract prospectus and underlying fund prospectus for the specific risks associated with each subaccount. Returns reflect performance of the portfolio and subaccounts assuming a single premium payment at inception (date next to name), with the Policy Value death benefit and are net of all asset-based fees, including the daily mortality and expense risk fee and administrative charge equal to.2% annually (collectively M&E&A), 2b- fees (if any) and all other actual portfolio expenses. Standardized returns in "With Surrender Charge & Service Charge Deducted" column include a pro rata deduction of the $0 annual service charge and any surrender charge that would apply if you terminated the contract at the end of each period indicated. WRL Freedom Premier III Variable Annuity surrender charge is a percentage of amount withdrawn (in excess of any surrender charge free amount) and declines as follows: %. Non-Standardized returns in "Without Surrender Charge & Service Charge Deducted" column do not include these charges. IF THEY HAD, PERFORMANCE WOULD BE LOWER. Returns do not include charges for other optional riders, or any taxes that may apply at distribution. IF THEY HAD, PERFORMANCE WOULD BE LOWER. Returns prior to the subaccount inception date are hypothetical and reflect performance as if the annuity was available. The figures in the tables may reflect waiver of advisory fees and reimbursement of other expenses. IN THE ABSENCE OF SUCH WAIVERS, THE PERFORMANCE WOULD HAVE BEEN LOWER. Investment option names may vary from their corresponding portfolio names. Please see the contract prospectus for portfolio names. This material was prepared for general distribution. It is being provided for informational purposes only and should not be viewed as an investment recommendation. If you need advice regarding your particular investment needs, contact a financial professional. Not Insured by FDIC or Any Federal Government Agency. May Lose Value. Not a Deposit of or Guarantee by Any Bank. AG09 -/6 v7. 0//202

2 Portfolio ly Performance Adjusted Historical Average Annual Returns Without surrender charge & service charge deducted as of 07//207 charge deducted as of 07//207 Portfolio to 0 to 0 AB Balanced Wealth Strategy Portfolio - Class B #, 07/0/ Access VP High Yield Fund 0/02/ Fidelity VIP Index 00 Portfolio - Service Class 2 08/27/ Franklin Founding Funds Allocation VIP Fund - Class 4 Shares,, 07/02/ ProFund VP Asia 0 0/0/ ProFund VP Basic Materials 0/0/ ProFund VP Bull 0/0/ ProFund VP Consumer Services 0/0/ ProFund VP Emerging Markets 08// ProFund VP Europe 0 0/8/ ProFund VP Falling U.S. Dollar 08// ProFund VP Financials 0/22/ ProFund VP International 08// ProFund VP Japan 0/0/ ProFund VP Mid-Cap 08// ProFund VP NASDAQ-00 0/22/ ProFund VP Oil & Gas 0/22/ ProFund VP Pharmaceuticals 0/0/ ProFund VP Precious Metals 0/0/ ProFund VP Short Emerging Markets 08// ProFund VP Short International 08// ProFund VP Short NASDAQ-00 0/0/ ProFund VP Short Small-Cap 09/0/ ProFund VP Small-Cap 0/0/ ProFund VP Small-Cap Value 0/0/ ProFund VP Telecommunications 0/22/ AG09 -/6 2 v7. 0//202

3 Portfolio ly Performance Adjusted Historical Average Annual Returns Without surrender charge & service charge deducted as of 07//207 charge deducted as of 07//207 Portfolio to 0 to 0 ProFund VP U.S. Government Plus 0/0/ ProFund VP UltraSmall-Cap 0/8/ ProFund VP Utilities 0/22/ TA AB Dynamic Allocation - Service Class, ±, 0/0/ TA Aegon High Yield Bond - Service Class 06/0/ TA Aegon U.S. Government Securities - Service Class 0// TA Asset Allocation - Conservative - Service Class, ±, Ø 0/0/ TA Asset Allocation - Growth - Service Class, Ø 0/0/ TA Asset Allocation - Moderate - Service Class, ±, Ø 0/0/ TA Asset Allocation - Moderate Growth - Service Class, ±, Ø 0/0/ TA Barrow Hanley Dividend Focused - Service Class 0/0/ TA BlackRock Tactical Allocation - Service Class, ± 0/0/ TA Clarion Global Real Estate Securities- Service Class 0/0/ TA International Moderate Growth - Service Class ±, Ø 0/0/ TA Janus Balanced- Service Class 07/0/ TA Janus Mid-Cap Growth - Service Class 0/0/ TA Jennison Growth- Service Class /8/ TA JPMorgan Core Bond - Service Class 0/02/ TA JPMorgan Enhanced Index - Service Class 0/02/ TA JPMorgan Tactical Allocation - Service Class, ± 0/0/ TA Legg Mason Dynamic Allocation - Balanced - Service Class ± 0/0/ AG09 -/6 v7. 0//202

4 Portfolio ly Performance Adjusted Historical Average Annual Returns Without surrender charge & service charge deducted as of 07//207 charge deducted as of 07//207 Portfolio to 0 to 0 TA Legg Mason Dynamic Allocation - Growth - Service Class ± 0/0/ TA Managed Risk - Balanced ETF - Service Class ± 0/0/ TA Managed Risk - Conservative ETF - Service Class ± /9/ TA Managed Risk - Growth ETF - Service Class ± 0/0/ TA Market Participation Strategy - Service Class ± 09/7/ TA MFS International Equity- Service Class 0/02/ TA Morgan Stanley Capital Growth- Service Class 0/0/ TA Multi-Managed Balanced - Service Class 0/0/ TA PIMCO Tactical - Balanced - Service Class ± 0/0/ TA PIMCO Tactical - Conservative - Service Class ± 0/0/ TA PIMCO Tactical - Growth - Service Class ± 0/0/ TA PIMCO Total Return- Service Class 0/0/ TA QS Investors Active Asset Allocation - Conservative - Service Class ± 0/0/ TA QS Investors Active Asset Allocation - Moderate - Service Class ± 0/0/ TA QS Investors Active Asset Allocation - Moderate Growth - Service Class ± 0/0/ TA Small/Mid Cap Value - Service Class, Ŧ 0/04/ TA T. Rowe Price Small Cap- Service Class 0/0/ TA WMC US Growth - Service Class 2// AG09 -/6 4 v7. 0//202

5 Portfolio TA Aegon Government Money Market - Service Class Ω, Δ, Φ ProFund VP Government Money Market, Φ, Ψ, π 7-Day Current Yield 7-Day Effective Yield ly Quarterly ly Quarterly AG09 -/6 v7. 0//202

6 ly Performance to Average Annual Total Returns charge deducted as of 07//207 0 AB Balanced Wealth Strategy Portfolio - Class B #, /0/ Access VP High Yield Fund Fidelity VIP Index 00 Portfolio - Service Class Franklin Founding Funds Allocation VIP Fund - Class 4 Shares,, /0/ ProFund VP Asia ProFund VP Basic Materials ProFund VP Bull 06/2/ ProFund VP Consumer Services ProFund VP Emerging Markets ProFund VP Europe ProFund VP Falling U.S. Dollar ProFund VP Financials ProFund VP International ProFund VP Japan ProFund VP Mid-Cap ProFund VP NASDAQ-00 06/2/ ProFund VP Oil & Gas ProFund VP Pharmaceuticals ProFund VP Precious Metals ProFund VP Short Emerging Markets ProFund VP Short International ProFund VP Short NASDAQ ProFund VP Short Small-Cap 06/2/ ProFund VP Small-Cap 06/2/ ProFund VP Small-Cap Value ProFund VP Telecommunications ProFund VP U.S. Government Plus AG09 -/6 6 v7. 0//202

7 ly Performance to Average Annual Total Returns charge deducted as of 07//207 0 ProFund VP UltraSmall-Cap ProFund VP Utilities TA AB Dynamic Allocation - Service Class, ±, TA Aegon High Yield Bond - Service Class TA Aegon U.S. Government Securities - Service Class TA Asset Allocation - Conservative - Service Class, ±, Ø TA Asset Allocation - Growth - Service Class, Ø TA Asset Allocation - Moderate - Service Class, ±, Ø TA Asset Allocation - Moderate Growth - Service Class, ±, Ø TA Barrow Hanley Dividend Focused - Service Class TA BlackRock Tactical Allocation - Service Class, ± 04/0/ TA Clarion Global Real Estate Securities- Service Class TA International Moderate Growth - Service Class ±, Ø 0/0/ TA Janus Balanced- Service Class /9/ TA Janus Mid-Cap Growth - Service Class TA Jennison Growth- Service Class 04/29/ TA JPMorgan Core Bond - Service Class TA JPMorgan Enhanced Index - Service Class TA JPMorgan Tactical Allocation - Service Class, ± TA Legg Mason Dynamic Allocation - Balanced - Service Class ± 0/0/ TA Legg Mason Dynamic Allocation - Growth - Service Class ± 0/0/ TA Managed Risk - Balanced ETF - Service Class ± 0/0/ TA Managed Risk - Conservative ETF - Service Class ± /9/ TA Managed Risk - Growth ETF - Service Class ± 0/0/ TA Market Participation Strategy - Service Class ± 09/7/ TA MFS International Equity- Service Class 0/0/ TA Morgan Stanley Capital Growth- Service Class AG09 -/6 7 v7. 0//202

8 ly Performance to Average Annual Total Returns charge deducted as of 07//207 0 TA Multi-Managed Balanced - Service Class TA PIMCO Tactical - Balanced - Service Class ± /9/ TA PIMCO Tactical - Conservative - Service Class ± /9/ TA PIMCO Tactical - Growth - Service Class ± /9/ TA PIMCO Total Return- Service Class TA QS Investors Active Asset Allocation - Conservative - Service Class ± 0/02/ TA QS Investors Active Asset Allocation - Moderate - Service Class ± 0/0/ TA QS Investors Active Asset Allocation - Moderate Growth - Service Class ± 0/02/ TA Small/Mid Cap Value - Service Class, Ŧ 0/0/ TA T. Rowe Price Small Cap- Service Class TA WMC US Growth - Service Class Day Current Yield 7-Day Effective Yield ly Quarterly ly Quarterly TA Aegon Government Money Market - Service Class Ω, Δ, Φ ProFund VP Government Money Market, Φ, Ψ, π AG09 -/6 8 v7. 0//202

9 Quarterly Performance to Average Annual Total Returns charge deducted as of 06/0/207 0 AB Balanced Wealth Strategy Portfolio - Class B #, /0/ Access VP High Yield Fund Fidelity VIP Index 00 Portfolio - Service Class 2 Franklin Founding Funds Allocation VIP Fund - Class 4 Shares,, /0/ ProFund VP Asia ProFund VP Basic Materials ProFund VP Bull 06/2/ ProFund VP Consumer Services ProFund VP Emerging Markets ProFund VP Europe ProFund VP Falling U.S. Dollar ProFund VP Financials ProFund VP International ProFund VP Japan ProFund VP Mid-Cap ProFund VP NASDAQ-00 06/2/ ProFund VP Oil & Gas ProFund VP Pharmaceuticals ProFund VP Precious Metals ProFund VP Short Emerging Markets ProFund VP Short International ProFund VP Short NASDAQ ProFund VP Short Small-Cap 06/2/ ProFund VP Small-Cap 06/2/ ProFund VP Small-Cap Value ProFund VP Telecommunications ProFund VP U.S. Government Plus AG09 -/6 9 v7. 0//202

10 Quarterly Performance to Average Annual Total Returns charge deducted as of 06/0/207 0 ProFund VP UltraSmall-Cap ProFund VP Utilities TA AB Dynamic Allocation - Service Class, ±, TA Aegon High Yield Bond - Service Class TA Aegon U.S. Government Securities - Service Class TA Asset Allocation - Conservative - Service Class, ±, Ø TA Asset Allocation - Growth - Service Class, Ø TA Asset Allocation - Moderate - Service Class, ±, Ø TA Asset Allocation - Moderate Growth - Service Class, ±, Ø TA Barrow Hanley Dividend Focused - Service Class TA BlackRock Tactical Allocation - Service Class, ± 04/0/ TA Clarion Global Real Estate Securities- Service Class TA International Moderate Growth - Service Class ±, Ø 0/0/ TA Janus Balanced- Service Class /9/ TA Janus Mid-Cap Growth - Service Class TA Jennison Growth- Service Class 04/29/ TA JPMorgan Core Bond - Service Class TA JPMorgan Enhanced Index - Service Class TA JPMorgan Tactical Allocation - Service Class, ± TA Legg Mason Dynamic Allocation - Balanced - Service Class ± TA Legg Mason Dynamic Allocation - Growth - Service Class ± 0/0/202 0/0/ TA Managed Risk - Balanced ETF - Service Class ± 0/0/ TA Managed Risk - Conservative ETF - Service Class ± /9/ TA Managed Risk - Growth ETF - Service Class ± 0/0/ TA Market Participation Strategy - Service Class ± 09/7/ TA MFS International Equity- Service Class 0/0/ TA Morgan Stanley Capital Growth- Service Class AG09 -/6 0 v7. 0//202

11 Quarterly Performance to Average Annual Total Returns charge deducted as of 06/0/207 0 TA Multi-Managed Balanced - Service Class TA PIMCO Tactical - Balanced - Service Class ± /9/ TA PIMCO Tactical - Conservative - Service Class ± /9/ TA PIMCO Tactical - Growth - Service Class ± /9/ TA PIMCO Total Return- Service Class TA QS Investors Active Asset Allocation - Conservative - Service Class ± TA QS Investors Active Asset Allocation - Moderate - Service Class ± TA QS Investors Active Asset Allocation - Moderate Growth - Service Class ± 0/02/20 0/0/202 0/02/ TA Small/Mid Cap Value - Service Class, Ŧ 0/0/ TA T. Rowe Price Small Cap- Service Class TA WMC US Growth - Service Class Day Current Yield 7-Day Effective Yield ly Quarterly ly Quarterly TA Aegon Government Money Market - Service Class Ω, Δ, Φ ProFund VP Government Money Market, Φ, Ψ, π AG09 -/6 v7. 0//202

12 - Returns for the period prior to the inception of this class of share with 2b- fee are based on historical returns for a class of shares without a 2b- fee, adjusted as if the 2b- fee had been in effect since the inception date. Φ - The seven-day yield refers to the annualized income generated by an investment in the subaccount over a specified seven-day period. For the effective yield, the income earned by an investment in the subaccount is assumed to be reinvested. The yield calculation does not reflect the deduction of surrender charges. See the Prospectus and Statement of Additional Information for further details regarding calculations of yields. - Performance prior to August 6, 200 reflects the performance of the Transamerica Convertible Securities VP fund. - Returns reflect the deduction of an annual fund facilitation fee of 0.%. # - Returns reflect the deduction of an annual fund facilitation fee of 0.20%. - It is the general policy of ProFunds to permit frequent purchases and redemptions of ProFund VP and Access VP High Yield Fund shares. Active trading in these shares could increase portfolio turnover. In addition, large movements of assets into and out of the portfolios may negatively impact each portfolio's ability to achieve its investment objective or maintain a consistent level of operating expenses. In certain circumstances, a ProFund VP or the Access VP High Yield Fund's expense ratio may vary from current estimates or the historical ratio disclosed. For information regarding the principal risks for each ProFund VP and the Access VP High Yield fund please refer to the prospectus. HIGH ABSOLUTE SHORT-TERM PERFORMANCE IS NOT TYPICAL AND MAY NOT BE ACHIEVED IN THE FUTURE. SUCH RESULTS SHOULD NOT BE THE SOLE BASIS FOR EVALUATING MATERIAL FACTS IN MAKING AN INVESTMENT DECISION. - Effective September 7, 202, this subaccount is closed to new investments. Ø - The ability of the fund to achieve its objective depends largely on the performance of the underlying fund in which it invests. Each underlying fund's performance, in turn, depends on the particular securities in which that underlying fund invests. Total expenses associated wtih the fund may be higher than with other mutual funds. ± - The underlying funds of the investment options have different strategies and risks; please see the underlying funds prospectuses for a complete description of these strategies and risks for the available investment options. Δ - Effective on or about May, 206, the Transamerica Aegon Money Market VP was renamed Transamerica Aegon Government Money Market VP. π - Effective on or about May 2, 206, ProFund VP Money Market was renamed ProFund VP Government Money Market. Ψ - YOU COULD LOSE MONEY BY INVESTING IN THE FUND. ALTHOUGH THE FUND SEEKS TO PRESERVE THE VALUE OF YOUR INVESTMENT AT $.00 PER SHARE, IT CANNOT GUARANTEE IT WILL DO SO. AN INVESTMENT IN THE FUND IS NOT INSURED OR GUARANTEED BY THE FEDERAL DEPOSIT INSURANCE CORPORATION OR ANY OTHER GOVERNMENT AGENCY. THE FUND'S SPONSOR HAS NO LEGAL OBLIGATION TO PROVIDE FINANCIAL SUPPORT TO THE FUND, AND YOU SHOULD NOT EXPECT THAT THE SPONSOR WILL PROVIDE FINANCIAL SUPPORT TO THE FUND AT ANY TIME. Ω - YOU COULD LOSE MONEY BY INVESTING IN THE FUND. ALTHOUGH THE FUND SEEKS TO PRESERVE THE VALUE OF YOUR INVESTMENT AT $.00 PER SHARE, IT CANNOT GUARANTEE IT WILL DO SO. THE FUND MAY IMPOSE A FEE UPON SALE OF YOUR SHARES OR MAY TEMPORARILY SUSPEND YOUR ABILITY TO SELL SHARES IF THE FUND'S LIQUIDITY FALLS BELOW REQUIRED MINIMUMS BECAUSE OF MARKET CONDITIONS OR OTHER FACTORS. AN INVESTMENT IN THE FUND IS NOT INSURED OR GUARANTEED BY THE FEDERAL DEPOSIT INSURANCE CORPORATION OR ANY OTHER GOVERNMENT AGENCY. THE FUND'S SPONSOR HAS NO LEGAL OBLIGATION TO PROVIDE FINANCIAL SUPPORT TO THE FUND, AND YOU SHOULD NOT EXPECT THAT THE SPONSOR WILL PROVIDE FINANCIAL SUPPORT TO THE FUND AT ANY TIME. Ŧ - Effective December, 206 Transamerica Systematic Small/Mid Cap Value VP was renamed Transamerica Small/Mid Cap Value VP. Thompson, Siegel & Walmsley, LLC will assume responsibility for managing the Mid Cap Value sleeve and Systematic Financial Management, L.P will continue to manage the Small Cap Value sleeve. Policy Form No. AV (May vary by state). OR Policy Form No. AV FL Policy Form No. AV Available only in states where approved. Annuities issued in all states except New York by Transamerica Premier Life Insurance Company, Cedar Rapids, Iowa. Annuities are underwritten and distributed by Transamerica Capital, Inc. References to Transamerica may pertain to one or all of these companies. Variable annuities are underwritten and distributed by Transamerica Capital, Inc. AG09 -/6 2 v7. 0//202