These securities typically involve a greater degree of risk than higher-rated bonds. Because of their greater degree of risk, high yield bonds offer current yields and potential total returns that exceed those available from more conservative bond investments. The High Yield Portfolio's yield is high due, in part, to the volatility and risk of the high yield securities market. See descriptions of such risks in the High Yield Portfolio section of the prospectus . Since unit prices and yields are subject to daily fluctuation, current yields should not be considered an indication of future results.
Past performance is no indication of future results.
Annualized total returns reflect the change in unit price, the reinvestment of all dividends and capital gains, and the effects of compounding. Since performance varies, the annualized total return, which assumes a steady rate of growth, differs from the Subaccount's actual total return for the time period indicated. Both the investment return and the principal value of an investment fluctuate so that units, when redeemed, may be worth more or less than the original investment. Inclusion of the administrative charge would reduce the total return figures shown above. The 10-year return is for a corresponding subaccount of a contract issued by Lutheran Brotherhood Variable Insurance Products Company, a Lutheran Brotherhood affiliate.