LINKED INTEREST OPTION PERFORMANCE

The following provides information on the past performance of the Linked
Interest Options available with Equation Generation® III Universal Life.

The Linked Interest Options' earnings do not reflect
the current Linked Interest Option Administration Fees.

Linked Interest Options(L.I.O): As at September 30, 2021


Index Interest Options Annual L.I.O. Admin. Fee 1m 6m 1y 2y 3y 5y Since Inception
American Equity
Currently tracking S&P 500 Total Return Index
3.00% -4.26% 10.00% 23.47% 19.67% 15.17% 16.09% 6.76%
Canadian Equity
Currenty tracking S&P/TSX 60 Total Return Index
3.00% -2.01% 9.23% 28.17% 13.37% 11.68% 10.38% 8.38%
European
Currently tracking DJ Euro STOXX 50 Total Return Index
3.20% -4.94% 4.08% 21.14% 9.47% 7.53% 8.61% 2.47%
U.S. Blue Chip
Currently tracking Dow Jones Industrial Avg.Total Return Index
3.00% -3.80% 4.32% 17.92% 12.05% 10.20% 14.88% 8.19%
U.S. Technologies
Currently tracking NASDAQ 100 Total Return Index
3.20% -5.30% 13.44% 23.07% 35.79% 24.68% 25.06% 7.32%


Performance Fund Interest Options Annual L.I.O. Admin. Fee 1m 6m 1y 2y 3y 5y Since Inception
Canadian
Currently tracking Equitable Life Active Balanced Portfolio Select
2.75% -2.24% 3.65% 9.59% 4.72% 4.64% 4.08% 5.44%
Canadian Bond
Currently tracking Sun Life MFS Canadian Bond Fund
2.75% -1.25% 1.26% -2.41% 1.80% 4.07% 1.87% 4.20%
Canadian Value Stock
Currently tracking Mackenzie Cundill Canadian Security Fund
2.75% 0.87% 5.43% 29.04% 4.48% -0.62% 3.13% 5.28%
Global
Currently tracking Templeton Growth Fund, Ltd.
2.75% -2.66% 0.17% 11.33% 5.95% 0.88% 4.59% 4.98%
Global Balanced
Currently tracking Templeton Global Balanced Fund
2.75% -2.67% -0.62% 6.35% 0.20% -1.73% 0.67% 4.32%
Global Fixed Income
Currently tracking Mackenzie Global Tactical Bond Fund
2.75% -0.99% 0.65% -1.36% 2.37% 2.19% 1.51% 0.94%
Large Cap Canadian Equity
Currently tracking Mackenzie Ivy Canadian Fund
2.75% -3.58% 5.88% 17.18% 4.70% 4.25% 4.16% 5.02%


Portfolio Interest Options Annual L.I.O. Admin. Fee 1m 6m 1y 2y 3y 5y Since Inception
Balanced Growth
Currently tracking the Franklin Quotential Balanced Growth Portfolio
2.75% -2.75% 4.32% 10.09% 7.72% 5.96% 5.10% 4.84%
Balanced Income
Currently tracking the Franklin Quotential Balanced Income Portfolio
2.75% -2.28% 3.25% 5.97% 5.49% 4.92% 3.85% 4.31%
Diversified Equity
Currently tracking the Franklin Quotential Diversified Equity Portfolio
2.75% -4.09% 5.59% 15.83% 13.37% 9.18% 8.41% 5.44%
Diversified Income
Currently tracking the Franklin Quotential Diversified Income Portfolio
2.75% -1.88% 2.31% 2.48% 3.63% 4.12% 2.71% 3.90%
Growth
Currently tracking the Franklin Quotential Growth Portfolio
2.75% -3.21% 5.41% 14.44% 9.99% 7.05% 6.35% 4.80%


Past performance does not guarantee future results. Investment results will vary. Linked Interest Options are NOT Mutual Funds or Indexes: the policyholders are NOT acquiring units in an investment fund or other security. They are placing funds on deposit, earning interest, with the general funds of Equitable Life®. The Mutual Fund or Index being tracked may change at any time.

Notes: 

  1. Values under 1 year reflect the actual percentage change for the period in question. All values shown for reporting periods of 1 year or greater reflect average annual compound rates of return.
  2. The Linked Interest Options’ interest earnings do not reflect the current Equation Generation® III Linked Interest Option Administration Charges. The Linked Interest Option Administration Charges must be taken into consideration when determining interest credited or debited to the policy. Please see the policy contract for details.
  3. The interest earned for a Linked Interest Option can be either positive or negative depending on the performance of the applicable Index or Mutual Fund being tracked. A negative rate of return will result in a debit to the Account Value (negative interest). A positive return will result in a credit to the Account Value (positive interest). Example: If you have a value of $2,000.00 in one of the Index Interest Options and the index this option is tracking increases from 300.0 to 309.0 (a 3% increase), the value of your account will increase by the credited 3% interest to $2,060.00. On the other hand, if the index decreases from 300.0 to 288.0 (a 4% decrease), the value of your account will receive a debit of a negative rate of interest of 4% to $1,920.00.
  4. “Since Inception” reflects the interest earnings since the Linked Interest Option became available with Equation®, Equation Generation® II, Equation Generation® III Universal Life, it does not reflect the actual inception date for the Mutual Fund or Index being tracked.
  5. Inception Dates:
    Canadian Equity Index Interest Option - November 14, 1994
    American Equity Index Interest Option - October 13, 2000
    U.S. Technologies Index Interest Option - October 13, 2000
    European Index Interest Option - October 13, 2000
    U.S. Blue Chip Index Interest Option - September 24, 2001
    Performance Fund Interest Option - Global - November 1, 1995
    Performance Fund Interest Option - Canadian - September 24, 2001
    Performance Fund Interest Option - Canadian Bond - May 12, 2003
    Performance Fund Interest Option - Global Fixed Income - May 12, 2003
    Performance Fund Interest Option - Canadian Value Stock - May 12, 2003
    Performance Fund Interest Option - Large Cap Canadian Equity - May 12, 2003
    Performance Fund Interest Option - Global Balanced - May 12, 2003
    Portfolio Interest Option - Diversified Income - June 14, 2004
    Portfolio Interest Option - Balanced Income - June 14, 2004
    Portfolio Interest Option - Balanced Growth - June 14, 2004
    Portfolio Interest Option - Growth - June 14, 2004
    Portfolio Interest Option - Diversified Equity - June 14, 2004

Equation Generation® III Universal Life is not issued, sponsored, sold or promoted by: Toronto Stock Exchange, Standard & Poor’s (The McGraw-Hill Companies Inc.), The NASDAQ Stock Market Inc., STOXX Limited, (Dow Jones & Company Limited), MSCI (Morgan Stanley Capital International, Inc.), Franklin Templeton Growth Fund Ltd., McLean Budden Limited or Mackenzie Financial Corporation. None of these entities make any representation or warranty, expressed or implied whatsoever regarding the advisability of selecting any Linked Interest Options, making any investment or acquiring the Contract. As such, none of these entities have any association, liability or responsibility with respect to the contract. S&P, S&P 500, and TSX are trademarks of the McGraw-Hill Companies Inc.; NASDAQ 100 is a trademark of the NASDAQ Stock Market Inc.; DJ Euro STOXX 50 and Dow Jones Industrial Average are trademarks of Dow Jones and Company, Limited; MSCI Pacific and MSCI World are trademarks of Morgan Stanley Capital Investment Inc.