This Separate Account Fund invests in the American Century VP Capital Appreciation Fund, which seeks capital growth over time by investing in companies whose earnings and revenues are growing at accelerating rates. This Underlying Fund invests mainly in the securities of medium-sized firms, although the Fund may purchase securities across all capitalization ranges. The Fund will usually purchase common stocks of U.S. and foreign companies, but it can purchase other types of securities as well, such as domestic and foreign preferred stocks, convertible securities, equity equivalent securities, and investment-grade debt obligations.

For more detailed information on the investment strategies for this fund, select the Statutory Prospectus document from the link below and follow these instructions:

Upon opening the Statutory Prospectus document, a navigation bar at the top will appear; in the Page Number box next to the right-facing arrow, enter page number ‘4’ and press ‘Enter’ on your keyboard. View Statutory Prospectus.

For more detailed information on the investment risks for this fund, select the Statutory Prospectus document from the link below and follow these instructions:

Upon opening the Statutory Prospectus document, a navigation bar at the top will appear; in the Page Number box next to the right-facing arrow, enter page number ‘5’ and press ‘Enter’ on your keyboard. View Statutory Prospectus.

The performance data shown above represent past performance, which is not a guarantee of future results. Investment returns and unit values will fluctuate so that units, when redeemed, may be worth more or less than their original cost. Investment Fund total return performance currently may be lower or higher than the figures stated above.

The total return performance data are based on a hypothetical investment of $1,000, which is redeemed at the end of the periods shown. The total return figures reflect the reinvestment of investment income and capital gains and losses, and are net of expenses which include a contract fee, an expense risk fee, administrative charges, a distribution expense charge and Underlying Funds fees and expenses. Before investing in our variable accumulation annuity contracts, you should consider the investment objectives, risks, charges and expenses (a contract fee, Separate Account expenses and Underlying Funds expenses) carefully. This and other information is contained in the contract prospectus or brochure and Underlying Funds prosectuses. Please read the prospectuses and brochure carefully before investing. The prospectuses and brochure can be obtained by mail or by calling 1-800-468-3785.

The total return figures for periods extending beyond a year are average rates of return and do not reflect the Funds' actual year-to-year results, which varied over the periods shown. Contributions or withdrawals made within a period would experience different rates of return based on the unit values on the dates of such transactions.

Portfolio Turnover Rate(%): 117%*

*Excludes all short-term securities.

David M. Hollond, Chief Investment Officer, U.S. Growth Equity – Small & Mid Cap, Senior Vice President and Senior Portfolio Manager, has been a member of the team that manages the fund since 2007.

Greg Walsh, Vice President and Portfolio Manager, has been a member of the team that manages the fund since 2003.