You must have javascript enabled to use this function.
The Wayback Machine - https://web.archive.org/all/20041209085023/http://www.cigna.com:80/retire/general/fund_performance/dc_monthly.html
CIGNA Logo - Click for home page Skip to body of page
Home > Retirement & Investment > Fund Portfolio & Performance > Defined Contribution Monthly Performance
Search
Click to search
  Return to CIGNA Home  
  Fund Performance
  Defined-contribution (401)k funds  
  - Daily Performance  
  - Monthly Performance  
  - Quarterly Performance Updates  
  - Morningstar Profiles  
   

Defined Contribution Monthly Performance

Each underlined fund name in the chart below links to a report containing a description of that fund, its investment objective and guidelines, and performance information. The date in the upper right-hand corner of the report indicates the period it covers. Reports for any funds listed in regular bold-faced type will be made available as soon as possible. Fund benchmark data is shown in bold-faced type.

To access the most recent quarterly performance update for any fund not listed here, please go to our Fund Updates.

All reports are in PDF format, which requires the Adobe® Acrobat® Reader®. See Acrobat Instructions for information about downloading, installing and using the free Acrobat® Reader if you do not have this software on your computer.

Please Note: Not all funds are available for all plans.

Defined Contribution/401(k) Funds

  Cumulative Returns1 as of 10/31/2004 (%) Average Annualized Returns1 as of 10/31/2004 (%)
Fund Name Inception Date Fund Assets Month Prior 3 Months Year To Date 1 Year 3 Year 5 Year 10 Year Since Inception

  Investment Type: Fixed Income - Domestic

Prudential Short-Term Bond Fund(formerly known as TimesSquare Short-Term Bond Fund)1  06/76 $238 1.24 1.08 0.73 0.71 1.05 2.67 3.86 N/A
iMoneyNet Taxable Money Funds - Net     1.15 1.00 0.68 0.66 0.93 2.52 3.71 N/A
Core Bond/Blackrock Fund 04/02 $107 0.67 2.68 3.64 4.55 4.44 6.88 7.24 N/A
Core Plus Bond/PIMCO Fund 07/02 $227 0.84 3.17 4.35 5.66 5.73 7.81 8.06 N/A
Lehman Brothers Aggregate Bond Index     0.84 3.04 4.22 5.53 5.44 7.58 7.76 N/A
State Street Global Advisors Intermediate Bond2  12/96 $1,282 0.68 2.57 3.32 4.35 4.90 6.98 6.94 N/A
Lehman Brothers Gov/Credit Intermediate     0.67 2.53 3.28 4.33 5.22 7.22 7.17 N/A
High Yield Bond/Caywood-Scholl Fund3  11/02 $123 1.90 5.33 7.50 10.39 9.58 6.64 7.92 N/A
Lehman Brothers High Yield Bond Index     1.81 5.31 8.19 12.32 12.40 6.89 7.79 N/A

  Investment Type: Stable Value

Intermediate Guaranteed Government Fund4  03/92 $19 1.75 1.75 1.75 1.79 2.57 3.45 4.56 4.81
4 Yr Treasury Avg Yield     3.09 3.10 3.01 2.97 2.99 3.96 4.92 N/A
Guaranteed Income Fund5  12/80 $10,532 3.55 4.01 3.91 3.89 4.54 5.22 5.88 8.27
Principal Preservation Separate Account 06/03 $258 3.45 3.78 3.63 3.61       3.59
Fixed Income Fund   $0                
5 Yr Treasury Avg Yield     3.34 3.38 3.38 3.37 3.39 4.22 5.08 N/A
Guaranteed Government Securities Fund6  06/91 $15 0.72 0.64 0.61 0.61 0.90 2.31 3.49 N/A
Guaranteed Short-Term Securities Fund6  06/82 $31 0.72 0.71 0.70 0.70 0.97 2.42 3.61 N/A
iMoneyNet Taxable Money Funds - Net     1.15 1.00 0.68 0.66 0.93 2.52 3.71 N/A

  Investment Type: Balanced - Value

Balanced I Fund (sub-advised by Wellington Management)7  11/99 $139 1.40 3.45 2.84 8.10 4.77 0.55 7.55 N/A
Oakmark Equity & Income (Class I)8  10/95 $8,224 0.87 2.28 5.90 11.67 10.64 13.09 N/A 14.07
60% Russell 1000 Value / 40% Lehman Brothers Aggregate     1.33 4.04 6.08 11.44 7.62 5.44 10.92 N/A
Alliance Bernstein Balanced Shares Fund (Class A)8  05/81 $1,602 0.55 2.51 4.06 10.15 5.86 5.89 10.60 N/A
60% S&P500;/40%LB Aggregate     1.25 3.05 3.57 7.92 4.91 1.99 10.04 N/A

  Investment Type: Balanced - Blend

Fidelity Advisor Balanced8  01/87 $1,279 1.27 2.77 1.26 3.93 4.51 0.49 6.07 N/A
S&P; 500 Index     1.53 3.04 3.06 9.42 3.92 -2.22 11.01 N/A

  Investment Type: Balanced - Growth

Balanced / Turner Investment Partners, SSGA Fund9  10/00 $21 2.06 3.53 1.23 4.04 1.79 N/A N/A -2.91
60% Russell 1000 Growth/40% LB G/C Int     1.21 2.23 0.70 3.85 2.72 -1.42 8.58 N/A
Janus Adviser Balanced10  05/97 $762 0.92 2.90 2.86 6.80 3.89 2.31 11.42 N/A
S&P; 500 Index     1.53 3.04 3.06 9.42 3.92 -2.22 11.01 N/A

  Investment Type: Balanced - Lifetime

Lifetime20 Fund11  04/94 $295 2.22 4.15 2.97 8.80 5.61 2.06 8.35 N/A
Lifetime 20 Performance Benchmark     2.05 4.73 5.08 11.12 7.35 2.08 8.38 N/A
Lifetime30 Fund11  04/94 $399 2.04 4.00 3.11 8.39 5.78 2.64 8.48 N/A
Lifetime 30 Performance Benchmark     1.87 4.51 5.01 10.47 7.20 2.73 8.59 N/A
Lifetime40 Fund11  04/94 $671 1.97 3.95 3.22 8.23 5.80 2.49 8.15 N/A
Lifetime 40 Performance Benchmark     1.80 4.42 4.98 10.16 7.05 2.82 8.52 N/A
Lifetime50 Fund11  04/94 $364 1.80 3.81 3.31 7.76 5.87 3.10 8.04 N/A
Lifetime 50 Performance Benchmark     1.66 4.20 4.87 9.45 6.78 3.38 8.66 N/A
Lifetime60 Fund11  04/94 $204 1.39 3.27 3.28 6.49 5.30 4.13 7.40 N/A
Lifetime 60 Performance Benchmark     1.28 3.48 4.29 7.57 6.12 4.42 8.24 N/A

  Investment Type: Balanced - Lifestyle

Retirement Goal 2010 Fund12  11/02 $23 1.46 3.43 4.25 8.73 N/A N/A N/A 11.37
Retirement Goal 2010 Fund Benchmark     1.66 4.27 4.90 9.57       N/A
Retirement Goal 2020 Fund12  11/02 $45 2.00 4.28 4.48 10.23 N/A N/A N/A 13.60
Retirement Goal 2020 Fund Benchmark     1.98 4.80 5.23 11.07       N/A
Retirement Goal 2030 Fund12  11/02 $24 2.20 4.51 4.36 10.63 N/A N/A N/A 14.26
Retirement Goal 2030 Fund Benchmark     2.09 4.90 5.18 11.61       N/A
Retirement Goal 2040 Fund12  11/02 $15 2.30 4.60 4.27 10.84 N/A N/A N/A 14.54
Retirement Goal 2040 Fund Benchmark     2.17 4.96 5.13 11.88       N/A
Retirement Goal Income Fund12  11/02 $5 1.08 2.84 3.26 5.60 N/A N/A N/A 7.22
Retirement Goal Income Fund Benchmark     1.03 2.97 3.73 6.21       N/A

  Investment Type: Large Cap Stock - Value

Large Cap Value/John A. Levin & Co. Fund13  08/97 $1,146 1.40 4.35 5.86 14.47 3.21 2.81 11.44 N/A
Large Cap Value Fund (sub-advised by Wellington Management)14  09/00 $558 2.99 5.99 5.47 13.57 5.95 3.54 N/A 11.85
Alliance Bernstein Growth & Income Fund (Class A)8  05/81 $7,060 0.87 2.65 3.86 11.78 2.81 2.81 12.31 N/A
Large Cap Value/Barrow Hanley15  03/02 $203 0.61 3.06 7.85 17.89 9.31 8.24 12.97 N/A
Large Cap Value/LSV Asset Management Fund16  07/02 $303 1.22 5.00 9.29 17.29 12.67 8.86 15.06 N/A
Russell 1000 Value Index     1.66 4.71 7.29 15.45 8.48 3.49 12.56 N/A
Fidelity Advisor Equity Income8  04/83 $2,788 0.98 1.90 3.98 12.03 6.95 4.33 10.31 N/A
Russell 3000 Value Index     1.65 4.86 7.47 15.64 9.11 4.31 12.57 N/A
Lord Abbett Affiliated P17  06/91 $17,878 2.28 4.16 3.85 11.60 6.66 4.20 11.67 N/A
T. Rowe Price Equity Income - Advisor Shares18  10/85 $16,585 1.04 3.74 6.29 14.18 7.71 5.39 11.89 N/A
Davis NY Venture (Class A Shares)8  02/69 $24,632 1.30 3.41 4.58 12.77 8.19 3.39 13.28 N/A
S&P; 500 Index     1.53 3.04 3.06 9.42 3.92 -2.22 11.01 N/A

  Investment Type: Large Cap Stock - Blend

State Street Global Advisors Russell 3000 Index19  01/97 $15,611 1.62 3.53 3.05 9.21 4.64 -1.20 N/A 11.13
Russell 3000 Index     1.64 3.63 3.29 9.51 5.07 -0.98 10.87 N/A
Dryden S&P; 500 Index Fund(formerly known as S&P; 500 Index Fund)20  12/87 $3,076 1.51 2.96 2.82 9.10 3.64 -2.48 10.69 N/A
Large Cap Blend / Victory Fund 01/92 $392 0.91 3.75 1.96 7.64 -0.15 -4.25 9.25 N/A
T. Rowe Price Blue Chip Growth - Advisor Shares21  06/93 $7,638 1.44 3.19 1.09 7.06 2.82 -2.01 10.95 N/A
Waddell & Reed Advisors Accumulative - A Shares8  12/90 $1,950 0.88 2.15 -0.61 2.35 -0.78 1.74 10.64 N/A
Calvert Social Investment Fund (CSIF) Equity Portfolio8  08/87 $719 2.02 2.06 -0.06 4.13 4.84 5.29 10.00 N/A
S&P; 500 Index     1.53 3.04 3.06 9.42 3.92 -2.22 11.01 N/A

  Investment Type: Large Cap Stock - Growth

Large Cap Growth/Goldman Sachs Fund22  08/97 $671 2.56 3.45 -0.41 3.12 0.03 -7.86 N/A 1.35
Large Cap Growth / Turner Investment Partners Fund23  05/98 $542 2.95 4.05 -0.48 3.42 -1.14 -5.28 N/A -0.24
Large Cap Growth / Waddell & Reed Fund 03/04 $119 0.54 1.92 -4.41 -1.40 1.33 1.08 N/A 5.18
Large Cap Growth / Jennison Fund 10/04 $5 3.14 4.62 1.46 6.00 0.44 -6.31 9.21 N/A
Russell 1000 Growth Index     1.56 2.02 -1.11 3.38 0.41 -7.85 8.63 N/A
Fidelity Advisor Equity Growth8  09/92 $5,002 1.68 1.90 -3.57 -0.07 -0.97 -5.76 8.92 N/A
Janus Adviser Growth Fund24  09/93 $306 1.76 0.58 -3.38 0.47 0.26 -6.65 8.15 N/A
American Century Ultra - Advisor Shares25  10/96 $22,520 1.28 2.40 1.70 4.19 2.54 -4.18 8.95 N/A
Oppenheimer Capital Appreciation (Class A)8  01/81 $8,921 2.03 2.11 0.18 5.81 1.38 -0.11 12.06 N/A
S&P; 500 Index     1.53 3.04 3.06 9.42 3.92 -2.22 11.01 N/A

  Investment Type: Mid Cap Stock - Value

Mid Cap Value (sub-advised by Wellington Management)26  09/00 $667 2.33 4.29 5.72 14.48 15.49 13.41 N/A 14.31
Russell 2500 Value     1.81 6.34 8.92 17.81 17.43 14.42 14.52 N/A
Mid Cap Value / Cooke & Bieler Fund 06/04 $10 -0.21 1.28 1.42 7.58 13.19 18.02 N/A 12.73
Russell MidCap Value Index     2.31 6.99 11.55 19.74 15.75 11.33 14.15 N/A
American Century Equity Income (Investor Shares)8  08/94 $3,550 0.12 2.37 5.27 13.86 10.59 10.50 14.25 N/A
S&P; 500 Value Index     1.51 4.56 6.85 14.47 6.36 1.49 11.03 N/A

  Investment Type: Mid Cap Stock - Blend

Mid Cap Blend / New Amsterdam Partners Fund27  06/98 $73 -0.29 4.32 6.66 7.15 4.72 5.28 N/A 3.27
Russell MidCap Index     2.76 6.55 8.69 15.09 12.88 7.85 12.99 N/A
Fidelity Advisor Value Strategies28  12/83 $1,036 1.90 3.19 0.09 3.57 12.30 9.47 11.79 N/A
Russell MidCap Value Index     2.31 6.99 11.55 19.74 15.75 11.33 14.15 N/A

  Investment Type: Mid Cap Stock - Growth

AIM Constellation8  05/76 $6,578 2.46 3.50 -1.12 3.20 2.55 -3.47 6.89 N/A
Russell 1000 Growth Index     1.56 2.02 -1.11 3.38 0.41 -7.85 8.63 N/A
Turner Mid Cap Growth8  10/96 $905 4.29 6.73 -0.50 1.91 5.07 -1.60 N/A 13.22
Mid Cap Growth/Artisan Partners29  03/97 $1,050 3.24 5.92 4.59 8.91 6.68 10.89 N/A 19.49
Mid Cap Growth / Goldman Sachs Fund 06/04 $7 3.14 6.19 6.61 10.81 6.70 12.04 N/A 14.85
Russell MidCap Growth Index     3.39 5.93 4.79 8.77 7.67 -0.19 9.81 N/A
American Century-Heritage8  11/87 $1,224 1.32 2.28 -2.71 -0.09 2.07 2.96 8.22 N/A
Russell MidCap Index     2.76 6.55 8.69 15.09 12.88 7.85 12.99 N/A

  Investment Type: Small Cap Stock - Value

Small Cap Value/Perkins, Wolf, McDonnell Fund30  12/97 $1,375 1.89 6.14 6.81 16.24 12.92 15.60 16.88 N/A
Small Cap Value/TCW Fund31  01/01 $93 1.42 0.95 -6.67 0.33 8.07 12.98 14.18 N/A
Goldman Sachs Small Cap Value (Class A) 10/92 $1,665 -0.75 5.26 7.05 14.91 17.34 19.22 11.05 N/A
Russell 2000 Value Index     1.55 6.61 9.66 17.99 17.29 15.53 13.79 N/A

  Investment Type: Small Cap Stock - Blend

Small Cap Blend/WHV Fund32  01/01 $43 0.98 5.08 5.28 16.24 11.04 11.43 15.42 N/A
T. Rowe Price Small Cap Stock - Advisor Shares33  05/81 $6,070 2.45 6.48 7.93 14.88 11.50 11.66 13.06 N/A
Russell 2000 Index     1.97 6.21 5.75 11.73 12.31 7.74 10.13 N/A

  Investment Type: Small Cap Stock - Growth

Ivy Small Cap Growth (Y Shares)8  12/95 $496 6.11 5.84 3.53 6.85 6.53 4.05 N/A 11.65
Small Cap Growth/Granahan Fund34  03/02 $49 2.54 8.14 4.95 8.99 6.44 9.11 10.42 N/A
Russell 2000 Growth Index     2.43 5.77 1.74 5.53 6.65 -0.71 5.69 N/A

  Investment Type: Global Stock - Value

Global Value/Morgan Stanley Fund35  06/98 $53 2.62 4.06 4.29 14.09 5.44 3.56 8.87 N/A
Templeton Growth8  11/54 $19,708 2.38 5.36 6.69 16.43 11.49 8.22 10.29 N/A
MSCI World Index - Net     2.45 4.84 4.99 13.25 6.06 -2.12 6.76 N/A

  Investment Type: Global Stock - Growth

Oppenheimer Global (Class A)8  12/69 $11,415 3.27 7.39 5.55 14.66 9.00 7.04 11.57 N/A
MSCI World Index     2.47 4.94 5.39 13.76 6.54 -1.73 7.19 N/A

  Investment Type: International Stock - Value

Templeton Foreign8  10/82 $16,077 2.83 6.20 6.50 13.25 10.83 5.12 7.06 N/A
MSCI EAFE (net)     3.41 6.58 7.83 18.84 9.42 -0.92 4.02 N/A

  Investment Type: International Stock - Blend

International Equity/Julius Baer Fund 02/03 $273 4.24 8.05 6.02 13.98 12.25 7.00 N/A 12.60
MSCI EAFE (net)     3.41 6.58 7.83 18.84 9.42 -0.92 4.02 N/A

  Investment Type: International Stock - Growth

American Century International Growth-Investor8  05/91 $2,833 3.12 6.44 4.16 11.24 3.15 -1.75 6.30 N/A
MSCI EAFE (net)     3.41 6.58 7.83 18.84 9.42 -0.92 4.02 N/A
International Growth/Artisan Partners Fund36  02/01 $217 3.12 5.11 4.91 14.23 4.52 N/A N/A -1.53
MSCI EAFE Growth     3.35 6.04 4.51 14.33 7.24 -4.48 1.96 N/A

  Investment Type: Other - Special Equity

Cohen & Steers Realty Income Fund (I Shares)8  07/98 $1,661 4.26 11.15 16.84 26.17 21.36 20.02 N/A 12.84
NAREIT EQUITY INDEX     5.35 13.65 20.31 29.95 22.79 20.14 14.19 N/A

  Investment Type: Specialty - Special Equity

Waddell & Reed Advisors Science and Technology Fund (Class A Shares) 04/50 $2,123 5.29 9.02 6.70 11.70 4.22 2.43 16.28 N/A
S&P; Technology     5.52 2.74 -5.17 -1.25 -0.30 -12.21 12.14 N/A


  Cumulative Returns1 as of 10/31/2004 (%) Average Annualized Returns1 as of 10/31/2004 (%)
Fund Name Inception Date Fund Assets Month Prior 3 Months Year To Date 1 Year 3 Year 5 Year 10 Year Since Inception

  Investment Type: Taft Hartley

                     

  Investment Type: Stable Value

Guaranteed Income Fund5  12/80 $10,532 3.55 4.01 3.91 3.89 4.54 5.22 5.88 8.27
5 Yr Treasury Avg Yield     3.34 3.38 3.38 3.37 3.39 4.22 5.08 N/A
Guaranteed Government Securities Fund6  06/91 $15 0.72 0.64 0.61 0.61 0.90 2.31 3.49 N/A
Guaranteed Short-Term Securities Fund6  06/82 $31 0.72 0.71 0.70 0.70 0.97 2.42 3.61 N/A
iMoneyNet Taxable Money Funds - Net     1.15 1.00 0.68 0.66 0.93 2.52 3.71 N/A

  Investment Type: Balanced - Value

Alliance Bernstein Balanced Shares Fund (Class A)8  05/81 $1,602 0.55 2.51 4.06 10.15 5.86 5.89 10.60 N/A
60% S&P500;/40%LB Aggregate     1.25 3.05 3.57 7.92 4.91 1.99 10.04 N/A

  Investment Type: Balanced - Blend

Exeter Pro-Blend Conservative Term Series37  10/95 $28 0.61 2.30 3.68 5.93 5.34 7.12 N/A 6.38
15%/85% Blended Index     0.80 2.61 3.27 5.11 5.22 5.96 7.92 N/A
Exeter Pro-Blend Moderate Term Series37  09/93 $105 0.68 2.16 4.60 8.76 5.56 7.19 8.58 N/A
40%/60% Blended Index     1.02 2.74 3.24 6.40 5.07 3.74 9.03 N/A
Exeter Pro-Blend Extended Term Series37  10/93 $276 0.98 2.92 5.93 11.52 6.67 7.89 10.89 N/A
50%/50% Blended Index     1.20 3.21 3.71 7.55 5.25 3.14 9.80 N/A
Exeter Pro-Blend Maximum Term Series37  10/95 $137 1.21 3.16 6.42 15.20 7.64 8.52 N/A 11.25
85%/15% Blended Index     1.43 3.09 3.27 8.87 4.40 -0.55 10.72 N/A

  Investment Type: Balanced - Lifestyle

Prudential/Lazard LifeStyle 20(formerly known as CIGNA/Lazard LifeStyle 20)38  04/97 $2 1.70 4.59 5.10 11.80 8.04 3.47 8.21 N/A
Lifestyle 20 Performance Benchmark     2.07 4.95 5.64 12.32 8.69 2.84 8.78 N/A
Prudential/Lazard LifeStyle 30(formerly known as CIGNA/Lazard LifeStyle 30)38  04/97 $3 1.60 4.43 5.13 11.19 7.92 3.92 8.31 N/A
Lifestyle 30 Performance Benchmark     1.88 4.62 5.38 11.34 8.22 3.32 8.90 N/A
Prudential/Lazard LifeStyle 40(formerly known as CIGNA/Lazard LifeStyle 40)38  04/97 $4 1.59 4.39 5.10 10.86 7.66 3.75 8.14 N/A
Lifestyle 40 Performance Benchmark     1.83 4.46 5.30 11.02 7.89 3.31 8.77 N/A
Prudential/Lazard LifeStyle 50(formerly known as CIGNA/Lazard LifeStyle 50)38  04/97 $3 1.48 4.18 5.05 10.12 7.39 4.10 8.15 N/A
Lifestyle 50 Performance Benchmark     1.64 4.12 5.03 10.03 7.36 3.72 8.84 N/A
Prudential/Lazard LifeStyle 60(formerly known as CIGNA/Lazard LifeStyle 60)38  04/97 $12 1.16 3.46 4.26 7.80 6.24 4.75 7.70 N/A
Lifestyle 60 Performance Benchmark     1.16 2.99 3.83 7.16 5.18 3.87 7.95 N/A

  Investment Type: Large Cap Stock - Value

Alliance Bernstein Growth & Income Fund (Class A)8  05/81 $7,060 0.87 2.65 3.86 11.78 2.81 2.81 12.31 N/A
Russell 1000 Value Index     1.66 4.71 7.29 15.45 8.48 3.49 12.56 N/A
Lazard Equity 02/97 $128 1.28 3.01 4.58 11.45 4.97 -0.13 9.15 N/A
S&P; 500 Index     1.53 3.04 3.06 9.42 3.92 -2.22 11.01 N/A

  Investment Type: Large Cap Stock - Blend

AIM Core Stock Fund8  02/60 $2,017 1.36 1.93 -1.86 2.95 1.70 -1.73 7.71 N/A
S&P; 500 Index     1.53 3.04 3.06 9.42 3.92 -2.22 11.01 N/A

  Investment Type: Large Cap Stock - Growth

Large Cap Growth / Turner Investment Partners Fund23  05/98 $542 2.95 4.05 -0.48 3.42 -1.14 -5.28 N/A -0.24
Russell 1000 Growth Index     1.56 2.02 -1.11 3.38 0.41 -7.85 8.63 N/A

  Investment Type: Mid Cap Stock - Value

Lazard Mid Cap 11/97 $75 1.99 5.26 12.48 17.97 11.40 12.49 N/A 9.38
Russell MidCap Index     2.76 6.55 8.69 15.09 12.88 7.85 12.99 N/A

  Investment Type: Mid Cap Stock - Growth

AIM Dynamics Fund8  09/67 $2,812 2.34 4.86 0.95 5.38 3.30 -6.09 8.99 N/A
Russell MidCap Index     2.76 6.55 8.69 15.09 12.88 7.85 12.99 N/A

  Investment Type: Small Cap Stock - Value

Lazard Small Cap39  01/97 $473 1.20 3.66 4.14 11.42 11.00 11.25 10.41 N/A
Russell 2000 Index     1.97 6.21 5.75 11.73 12.31 7.74 10.13 N/A
Strong Advisor Small Cap Value (Class A Shares)40  12/97 $1,699 -0.69 4.10 6.67 19.34 18.01 20.54 N/A 17.31
Russell 2000 Value Index     1.55 6.61 9.66 17.99 17.29 15.53 13.79 N/A

  Investment Type: Small Cap Stock - Growth

AIM Small Company Growth Fund8  12/91 $571 3.53 6.20 0.18 1.83 1.61 -2.30 8.56 N/A
Russell 2000 Growth Index     2.43 5.77 1.74 5.53 6.65 -0.71 5.69 N/A

  Investment Type: International Stock - Value

Lazard International Equity 01/97 $1,525 2.88 7.53 5.26 14.75 7.82 -2.40 4.55 N/A
MSCI EAFE (net)     3.41 6.58 7.83 18.84 9.42 -0.92 4.02 N/A

  Investment Type: Other - Specialty

AIM Technology Fund8  02/84 $1,552 6.55 6.94 -4.84 -3.90 -5.61 -14.92 6.38 N/A
S&P; 500 Index     1.53 3.04 3.06 9.42 3.92 -2.22 11.01 N/A

Legend:

1Results are net of the highest management fee (0.65%) charged for this Fund and the Fund's operating expenses, but before any contract-related expenses. Performance data represents past performance and is not necessarily indicative of future results. Cumulative returns are annualized.
2Results are net of the highest management fee (currently 0.35%), but are before any contract-related expenses. The Separate Account was established in 12/1996. Performance from periods prior to 1/1997 represents the State Street Global Advisors Intermediate Bond Fund, net of the applicable management fee. Performance data represents past performance and is not necessarily indicative of future results.
3The Separate Account was established 11/2002. Performance prior to 12/2002 represents the Caywood-Scholl High Yield composite, which is comprised of portfolios that are managed pursuant to a similar investment strategy. Results are net of the highest management fee (0.95%) charged for this Fund and the Fund's operating expenses (0.02% projected for 2003), but before any contract-related expenses. Performance data represents past performance and is not necessarily indicative of future results.
4Historical average annual new business rates as of 3/31/2003. Cumulative returns are annualized.
5Historical average annual new business rates as of 3/31/2003. Results prior to 4/1995 restated to reflect the current guaranteed structure. Cumulative returns are annualized.
6Results are shown before any contract-related expenses. Performance data represents past performance and is not necessarily indicative of future results. Cumulative returns are annualized.
7Results are net of the highest management fee (0.95%) charged for this Fund, but before any contract-related expenses. The Separate Account was established in 11/1999; performance prior to 11/1999 represents the INVESCO Total Return Fund, a similarly managed account at INVESCO Capital Management, Inc. Investment returns and principal value will vary, and you may have a gain or loss when you withdraw from the Fund. Performance data shown represents past performance and is not necessarily indicative of future results.
8This Fund is not offered for sale to you by CIGNA, but rather constitutes an investment of the Separate Account. Results prior to the establishment of the Separate Account represent performance of the Fund only, except as noted.
9The Separate Account was established in 10/2000. It is comprised of two underlying Separate Accounts: 60% Large Cap Growth/Morgan Stanley Fund and 40% State Street Global Advisors Intermediate Bond Account. Performance results are net of the highest management fee (0.80%) charged for this Fund and the Fund s operating expenses (0.02% projected for 2003) and are before any contract-related expenses. Results represent the blended net returns of the underlying Separate Accounts using the Fund s 60%/40% asset mix. The performance used for the Large Cap Growth/Morgan Stanley Fund includes that of a similarly managed portfolio for the period prior to that Fund s inception. Performance data represents past performance and is not necessarily indicative of future results.
10Results are net of annual Fund operating expenses, and include the reinvestment of dividends and capital gains (as applicable), but are before any contract-related expenses. The Separate Account was established in 4/2000. The Fund commenced operation on August 1, 2000, after the reorganization of the Retirement Shares of Janus Aspen Series into the Fund. The returns for the reorganized Fund reflect the performance of the Retirement Shares of Janus Aspen Series prior to the reorganization. (The Performance of the Retirement Shares prior to May 1, 1997, reflects the performance of a different class of Janus Aspen Series, restated to reflect the fees and expenses of the Retirement Shares on May 1, 1997, ignoring any fee and expense limitations.) Fees that the Fund transmits to the Separate Account include a 12b-1 fee (0.50%) and an annual sub-transfer agency fee of (0.00%) of the average net asset value of the Fund's shares held of record by CG Life, which are applied to offset, in full, a corresponding management/administration fee charged by Connecticut General Life Insurance Company. Payment of these fees does not increase the total expenses of the Fund beyond the level described below as Annual Fund Operating Expenses. Performance data shown represents past performance and is not necessarily indicative of future returns.
11Results are before any contract-related charges and are net of the weighted average of the highest management fee currently charged on the underlying separate accounts: Lifetime20, 1.10%; Lifetime30, 1.04%; Lifetime40, 1.02%; Lifetime50, 0.96%; and Lifetime 60 0.87%. Results prior to 7/1/994 represent pro forma composite results of the underlying Funds using the CIGNA Lifetime Fund's normal asset allocation at that time.
12These Separate Accounts were established in 11/2002. Results are before any contract-related expenses and are net of the management fee currently charged on the underlying separate acounts: Retirement Goal 2040, 1.15%; Retirement Goal 2030, 1.15%; Retirement Goal 2020, 1.10%; Retirement Goal 2010, 1.05%; and Retirement Goal Income, 0.90%.
13This Fund is currently on the Watch List due to portfolio manager changes. There are no performance related concerns at this time, due to these changes. The Separate Account was established 8/1997 from a John A. Levin-managed portfolio of another CIGNA Separate Account which had been in place since 10/1993. Results from 10/1993 to 7/1997 represent that portfolio's performance. Performance reflects the highest management fee (1.10%) charged for this Fund. Since Inception returns are based on an inception date of 10/1993.
14The Separate Account was established in 9/2000. Performance prior to 10/2000 represents the Wellington Management Company Research Value Composite, which is comprised of portfolios that are managed pursuant to a similar investment strategy. Results are net of the highest management fee (1.10%) charged for the Fund and the Fund's operating expenses (0.03% projected for 2003), but are before any contract-related expenses. Since Inception returns for this Fund are based on an inception date of 08/01/1995. Performance data represents past performance and is not necessarily indicative of future results.
15Results are net of the highest management fee (1.10%) charged for this Fund and the Fund's operating expenses (0.04% projected for 2003), but before any contract-related expenses. The Separate Account was established 3/2002. Results prior to 4/2002 are those of Barrow, Hanley, Mewhinney & Strauss, Inc.'s Large Cap Value Composite, which is comprised of portfolios that are managed pursuant to a similar investment strategy. Performance data shown represents past performance and is not necessarily indicative of future results.
16This Separate Account was established 7/2002. Results prior to 8/2002 are those of LSV Asset Management s Large Cap Value composite, which is comprised of portfolios that are managed pursuant to a similar investment strategy. Results are net of the highest management fee (1.10%) charged for this Fund and the Fund's operating expenses (0.04% projected for 2003), but before any contract-related expenses. Since Inception returns for this Fund are based on an inception date of 11/1993. Performance data shown represents past performance and is not necessarily indicative of future results.
17Results are net of Annual Fund Operating Expenses, and include the reinvestment of dividends and capital gains (as applicable), but are before any contract-related expenses. The Separate Account was established 7/2001. The performance shown reflects Class A shares at net asset value prior to November 24, 1997, the inception of Class P shares, and the performance of Class P shares at net asset value thereafter. Class P shares have a higher expense ratio than Class A shares due to higher 12b-1 fees. Accordingly, the Class A share performance shown has been restated to reflect the higher expenses of the Class P shares to provide an indication of what Class P share performance likely would have been had Class P shares existed prior to July 1, 1991 through November 23, 1997. Fees that the Fund transmits to the Separate Account include a 12b-1 fee (0.45%). Performance data represents past performance and is not necessarily indicative of future results.
18Results are net of Annual Fund Operating Expenses, and include the reinvestment of dividends and capital gains (as applicable), but are before any contract-related expenses. The Separate Account was established 7/2001. The T. Rowe Price Equity Income Fund - Advisor Class was established 3/31/2000; performance since that time is that of the Advisor Class. Performance prior to 3/31/2000 is based on the returns of the T. Rowe Price Equity Income Fund original class shares, adjusted to reflect the highest annual expenses of the Advisor Class shares. Fees that the Fund transmits to the Separate Account include a 12b-1 fee (0.25%) and an annual sub-transfer agency fee of (0.10%) of the average net asset value of the Fund's shares held of record by CG Life, which are applied to offset, in full, a corresponding management/administration fee charged by Connecticut General Life Insurance Company. Performance data shown represents past performance and is not necessarily indicative of future results.
19Performance is net of the management fee (0.30%) and is before any contract-related expenses. Since inception returns for this Fund are based on an inception date of 1/1995. Performance data represents past performance and is not necessarily indicative of future results.
20Results are net of the highest management fee (0.30%) and the Fund's operating expenses (0.02% projected for 2003), and include the reinvestment of dividends and capital gains (as applicable), but are before any contract-related expenses. Performance data represents past performance and is not necessarily indicative of future results.
21Results are net of Annual Fund Operating Expenses, and include the reinvestment of dividends and capital gains (as applicable), but are before any contract-related expenses. The Separate Account was established 7/2001. The T. Rowe Price Blue Chip Growth Fund - Advisor Class was established 3/31/2000; performance since that time is that of the Advisor Class. Performance prior to 3/31/2000 is based on the returns of the T. Rowe Price Blue Chip Growth Fund original class shares, adjusted to reflect the highest annual expenses of the Advisor Class shares. Fees that the Fund transmits to the Separate Account include a 12b-1 fee (0.25%) and an annual sub-transfer agency fee of (0.10%) of the average net asset value of the Fund's shares held of record by CG Life, which are applied to offset, in full, a corresponding management/administration fee charged by Connecticut General Life Insurance Company. Performance data shown represents past performance and is not necessarily indicative of future results.
22The manager performance shown is based on the gross historical investment results of the Goldman Sachs Strategic Growth strategy for a composite of separate accounts which were managed pursuant to an investment strategy that is substantially similar, but not identical to, the CIGNA Retirement & Investment Services large cap Growth/Goldman Fund offered herin. Performance reflects highest management fee(1.10%) charged for this Fund.
23The Separate Account was established 6/1998; performance prior to 7/1998 represents the Morgan Stanley Institutional Fund, Inc. Equity Growth Portfolio (Class A) Mutual Fund, a fund managed pursuant to a similar investment strategy and approach as this Fund uses. Performance reflects the highest management fee (1.10%) charged for this Fund.
24Results are net of Annual Fund Operating Expenses, and include the reinvestment of dividends and capital gains (as applicable), but are before any contract-related expenses. The Separate Account was established in 6/1999. The Fund commenced operation on August 1, 2000, after the reorganization of the Retirement Shares of Janus Aspen Series into the Fund. The returns for the reorganized Fund reflect the performance of the Retirement Shares of Janus Aspen Series prior to the reorganization. (The performance of the Retirement Shares prior to May 1, 1997 reflects the performance of a different class of Janus Aspen Series, restated to reflect the fees and expenses of the Retirement Shares on May 1, 1997, ignoring any fee and expense limitations.) Fees that the Fund transmits to the Separate Account include a 12b-1 fee (0.25%) and an annual sub-transfer agency fee of (0.25%) of the average net asset value of the Fund's shares held of record by CG Life, which are applied to offset, in full, a corresponding management/administration fee charged by Connecticut General Life Insurance Company. Payment of these fees does not increase the total expenses of the Fund beyond the level described below as Annual Fund Operating Expenses. Performance data shown represents past performance and is not necessarily indicative of future results.
25This Separate Account was established in 10/1999. The Advisor class of shares of Ultra was established in 10/1996; performance since that time is that of the Advisor class, is net of Annual Fund Operating Expenses and includes the reinvestment of dividends and capital gains. Performance prior to 10/1996 is based on the returns of the Investor Class shares, adjusted to reflect the expenses of the Advisor Class shares. Fees that the Fund transmits to the Separate Account include a 12b-1 fee (0.35%) and an annual sub-transfer agency fee of (0.25%) of the average net asset value of the Fund's shares held of record by CG Life, which are applied to offset, in full, a corresponding management/administration fee charged by Connecticut General Life Insurance Company. The mutual fund s payment of this fee does not increase the total expenses of the Fund beyond the level described below as Annual Fund Operating Expenses. Performance data shown represents past performance and is not necessarily indicative of future results.
26The Separate Account was established in 9/2000. Performance prior to 10/2000 represents the Wellington Management Company Mid Cap Value Composite, which is comprised of portfolios that are managed pursuant to a similar investment strategy. Results are net of the highest management fee (1.15%) charged for this Fund and the Fund's operating expenses (0.03% projected for 2003), but before any contract-related expenses. Since Inception returns for this Fund are based on an inception date of 02/01/1997. Performance data represents past performance and is not necessarily indicative of future results.
27Results are net of the highest management fee (1.22%) charged for this Fund and the Fund s operating expenses (0.05% projected for 2003), but before any contract-related expenses. The Separate Account was established in 6/1998. Performance prior to 7/1998 represents the Cadence Capital Mid-Cap Composite, which is comprised of Funds managed pursuant to a similar investment strategy and approach as this Fund uses. Performance data represents past performance and is not necessarily indicative of future results.
28Results are net of Annual Fund Operating Expenses, and include the reinvestment of dividends and capital gains (as applicable), but are before any contract-related expenses. Average annual total returns include changes in share prices and reflect the effect of the waiver of a front-end sales charge. The Separate Account was established 1/1991; performance from prior periods represents the mutual fund only. Prior to 7/1999, the Fund operated under different investment policies. Accordingly, the Fund's historical performance may not represent its current investment policies. Fees that the Fund transmits to the Separate Account include a 12b-1 fee (0.50%) and an annual sub-transfer agency fee of (0.08%) of the average net asset value of the Fund's shares held of record by CG Life, which are applied to offset, in full, a corresponding management/administration fee charged by Connecticut General Life Insurance Company. The mutual fund's payment of these fees does not increase the total expenses of the Fund beyond the level described below as Annual Fund Operating Expenses. Performance data shown represents past performance and is not necessarily indicative of future results. Your investment may be worth more or less than your original cost.
29The Separate Account was established in 9/2000. Results prior to 10/2000 are those of the Artisan Mid-Cap Composite, which is comprised of portfolios that are managed pursuant to a similar investment strategy. Results are net of the highest management fee (1.20%) charged for the Fund and the Fund's operating expenses (0.03% projected for 2003) and are before any contract-related expenses. Since Inception returns for this Fund are based on an inception date of 04/01/1997. Performance data represents past performance and is not indicative of future results.
30Results are net of the highest management fee (1.25%) charged for this Fund and the Fund s operating expenses (0.02% projected for 2003), but before any contract-related expenses. The Separate Account was established in 12/1997; performance prior to 1/1998 represents the Perkins, Wolf, McDonnell Small Cap Value Fund (prior to 5/1/2003 named Berger Small Cap Value) Institutional Shares, a mutual fund managed pursuant to a similar investment strategy and approach, adjusted to reflect the management fee for this Fund. Investment returns and principal value will vary, and you may have a gain or a loss when you withdraw from the Fund. Investments in smaller companies may pose additional risks (including price volatility) and rewards than investments in larger companies. Performance data represents past performance and is not necessarily indicative of future results.
31The Separate Account was established in 1/2001. Results prior to 2/2001 are those of TCW Asset Management Company s Small Cap Value Composite, which is comprised of portfolios that are managed pursuant to a similar investment strategy and approach as this Fund uses. Results are net of the highest management fee (1.25%) charged for this Fund and the Fund s operating expenses (0.05% projected for 2003). Performance data represents past performance and is not necessarily indicative of future results.
32The Separate Account was established in 1/2001. Results prior to 2/2001 are those of Wentworth, Hauser and Violich's Small Cap Composite, which is comprised of portfolios that are managed pursuant to a similar investment strategy and approach as this Fund uses. Results are net of the highest management fee (1.25%) charged for this Fund and the Fund's operating expenses (0.02% projected for 2003). Performance data represents past performance and is not necessarily indicative of future results.
33Results are net of Annual Fund Operating Expenses, and include the reinvestment of dividends and capital gains (as applicable), but are before any contract-related expenses. The Separate Account was established 7/2001. The T. Rowe Price Small-Cap Stock Fund - Advisor Class was established 3/31/2000; performance since that time is that of the Advisor Class. Performance prior to 3/31/2000 is based on the returns of the T. Rowe Price Small-Cap Stock Fund original class shares, adjusted to reflect the highest annual expenses of the Advisor Class shares. Fees that the Fund transmits to the Separate Account include a 12b-1 fee (0.25%) and an annual sub-transfer agency fee of (0.10%) of the average net asset value of the Fund's shares held of record by CG Life, which are applied to offset, in full, a corresponding management/administration fee charged by Connecticut General Life Insurance Company. Performance data shown represents past performance and is not necessarily indicative of future results.
34Results are net of the highest management fee (1.25%) charged for this Fund and the Fund s operating expenses (0.20% projected for 2003). For this Fund, Connecticut General Life Insurance Company ( CGLIC ) has agreed, until 12/31/2003, to waive the Fund s Other Expenses to the extent they exceed .05% of the Fund's average daily net assets. For 3 years after CGLIC waives any Other Expenses, if Other Expenses in any year fall below the specified limit, CGLIC shall be entitled to receive the amount of the difference. The Separate Account was established in 3/2002. Results prior to 4/2002 are those of Granahan Investment Management s Small Cap Explorer composite, which is comprised of a Fund managed pursuant to a similar investment strategy and approach. Performance data shown represents past performance and is not necessarily indicative of future results.
35Results are net of the highest management fee (1.30%) charged for this Fund and the Fund's operating expenses (0.07% projected for 2003), but before any contract-related expenses. The Separate Account was established in 6/1998; performance prior to 7/1998 represents the Morgan Stanley Institutional Fund, Inc. Global Equity Portfolio (Class A) Mutual Fund, a fund managed pursuant to a similar investment strategy and approach as this Fund. The mutual fund results have been adjusted to reflect the management fee for this Fund. Investment returns and principal value will vary, and you may have a gain or loss when you withdraw from the Fund. Performance data shown represents past performance and is not necessarily indicative of future results.
36The Separate Account was established in 2/2001. Results are net of the highest management fee (1.30%) charged and the Fund's operating expenses (0.23% projected for 2003). Performance data represents past performance and is not necessarily indicative of future results.
37Each Funds results are net of Annual Fund Operating Expenses, and include the reinvestment of dividends and capital gains (as applicable), but are before any contract-related expenses. Fees that Exeter Asset Management transmits to this Separate Account include a 12b-1 fee (0.00%) and an annual sub-transfer agency fee of 0.40% of the average net asset value of the Funds shares held of record by CG Life, which are applied to offset, in full, a corresponding management/administration fee charged by Connecticut General Life Insurance Company. Performance data shown represents past performance and is not necessarily indicative of future results.
38Results are before any contract-related charges and are net of the applicable management fees charged on the underlying institutional Funds and the fees/expenses reflected in the underlying mutual fund net asset values (aggregate management fees currently: LifeStyle20, 1.16%; LifeStyle30, 1.12%; LifeStyle40, 1.10%; LifeStyle50, 1.07%; LifeStyle60, 0.96%). Aggregate management fees include other operating expenses (0.18%) for LifeStyle20; (0.16%) for LifeStyle30 and LifeStyle 40; (0.14%) for LifeStyle50 and (0.10%) for LifeStyle 60 projected for 2003. Performance data shown represents past performance and is not necessarily indicative of future results.
39Initial offering of the Open Class of this mutual fund was 1/1997, at which time a 25 basis point 12b-1 fee was imposed. The Separate Account, which invests in the Open Class, was also established 1/1997; performance from prior periods represents performance of the Institutional Class of shares, which had an inception date of 10/1991 and was sold to investors without a 12b-1 fee. Application of the CIGNA Due Diligence process has resulted in this Fund being placed on our investment Watch List. While this Fund continues to be part of the CIGNA Mutli-Manager Matrix, we are currently not promoting it for new customers.
40The Separate Account was established 9/2000. Results prior to 10/2000 are those of the Artisan Mid-Cap Composite, which is comprised of portfolios that are managed pursuant to a similar investment strategy. Results are net of the highest management fee (1.50%) charged for this Fund. Since Inception returns are based on an inception date of 4/1997. Returns prior to 3/31/1997 represent the mid cap composite managed by Mr. Stephens at his prior firm, Strong Capital Management. These returns have been provided to Artisan Partners by Strong and are used with Artisan Partners written permission. Performance after 4/1/1997 represents the Artisan Mid-Cap Composite. Mr. Stephens was the only portfolio manager for the respective portfolios during the entire period.

* This Fund is not offered for sale to you by CIGNA, but rather constitutes an investment of the CIGNA Separate Account.

** Funds listed in the CIGNA Defined Contribution Plan Matrix as well as those listed in the CIGNA Defined Contribution Multi-Employer Plan Matrix are available to multi-employer plans.

To obtain a Performance Update that contains more information regarding these investments and their performance, please contact your CIGNA retirement representative.

Products and services provided by operating subsidiaries of CIGNA Corporation, including Connecticut General Life Insurance Company, TimesSquare Capital Management, Inc., and CIGNA International Investment Advisors, Ltd.



Back to top


Defined Contribution — Growth Funds

  Cumulative Returns1 as of 10/31/2004 (%) Average Annualized Returns1 as of 10/31/2004 (%)
Fund Name Inception Date Fund Assets Month Prior 3 Months Year To Date 1 Year 3 Year 5 Year 10 Year Since Inception

  Investment Type: Fixed Income - Domestic

Prudential Short-Term Bond Fund(formerly known as TimesSquare Short-Term Bond Fund)1  06/76 $238 1.13 0.98 0.63 0.61 0.95 2.57 3.76 N/A
iMoneyNet Taxable Money Funds - Net     1.15 1.00 0.68 0.66 0.93 2.52 3.71 N/A
Core Bond/Blackrock Fund 04/02 $107 0.66 2.64 3.51 4.39 4.29 6.72 7.08 N/A
Core Plus Bond/PIMCO Fund 07/02 $227 0.83 3.13 4.22 5.50 5.57 7.65 7.90 N/A
Lehman Brothers Aggregate Bond Index     0.84 3.04 4.22 5.53 5.44 7.58 7.76 N/A
High Yield Bond/Caywood-Scholl Fund2  11/02 $123 1.87 5.26 7.28 10.12 9.30 6.37 7.65 N/A
Lehman Brothers High Yield Bond Index     1.81 5.31 8.19 12.32 12.40 6.89 7.79 N/A

  Investment Type: Stable Value

Guaranteed Income Fund3  12/80 $10,532 3.55 4.01 3.91 3.89 4.54 5.22 5.88 8.27
5 Yr Treasury Avg Yield     3.34 3.38 3.38 3.37 3.39 4.22 5.08 N/A

  Investment Type: Balanced - Value

Balanced I Fund (sub-advised by Wellington Management)4  11/99 $139 1.38 3.38 2.59 7.77 4.46 0.25 7.39 N/A
Oakmark Equity & Income (Class II)5  10/95 $8,224 0.83 2.25 5.69 11.39 10.39 12.92 N/A 13.86
60% Russell 1000 Value / 40% Lehman Brothers Aggregate     1.33 4.04 6.08 11.44 7.62 5.44 10.92 N/A
Alliance Bernstein Balanced Shares Fund (Class A)6  05/81 $1,602 0.55 2.51 4.06 10.15 5.86 5.89 10.60 N/A
60% S&P500;/40%LB Aggregate     1.25 3.05 3.57 7.92 4.91 1.99 10.04 N/A

  Investment Type: Balanced - Growth

Balanced / Turner Investment Partners, SSGA Fund7  10/00 $21 2.02 3.41 0.85 3.58 1.34 N/A N/A -3.33
60% Russell 1000 Growth/40% LB G/C Int     1.21 2.23 0.70 3.85 2.72 -1.42 8.58 N/A
Janus Adviser Balanced8  05/97 $762 0.92 2.90 2.86 6.80 3.89 2.31 11.42 N/A
S&P; 500 Index     1.53 3.04 3.06 9.42 3.92 -2.22 11.01 N/A

  Investment Type: Balanced - Lifetime

Lifetime20 Fund9  04/94 $295 2.22 4.15 2.97 8.80 5.61 2.06 8.35 N/A
Lifetime 20 Performance Benchmark     2.05 4.73 5.08 11.12 7.35 2.08 8.38 N/A
Lifetime30 Fund9  04/94 $399 2.04 4.00 3.11 8.39 5.78 2.64 8.48 N/A
Lifetime 30 Performance Benchmark     1.87 4.51 5.01 10.47 7.20 2.73 8.59 N/A
Lifetime40 Fund9  04/94 $671 1.97 3.95 3.22 8.23 5.80 2.49 8.15 N/A
Lifetime 40 Performance Benchmark     1.80 4.42 4.98 10.16 7.05 2.82 8.52 N/A
Lifetime50 Fund9  04/94 $364 1.80 3.81 3.31 7.76 5.87 3.10 8.04 N/A
Lifetime 50 Performance Benchmark     1.66 4.20 4.87 9.45 6.78 3.38 8.66 N/A
Lifetime60 Fund9  04/94 $204 1.39 3.27 3.28 6.49 5.30 4.13 7.40 N/A
Lifetime 60 Performance Benchmark     1.28 3.48 4.29 7.57 6.12 4.42 8.24 N/A

  Investment Type: Balanced - Lifestyle

Retirement Goal 2010 Fund10  11/02 $23 1.46 3.43 4.25 8.73 N/A N/A N/A 11.37
Retirement Goal 2010 Fund Benchmark     1.66 4.27 4.90 9.57       N/A
Retirement Goal 2020 Fund10  11/02 $45 2.00 4.28 4.48 10.23 N/A N/A N/A 13.60
Retirement Goal 2020 Fund Benchmark     1.98 4.80 5.23 11.07       N/A
Retirement Goal 2030 Fund10  11/02 $24 2.20 4.51 4.36 10.63 N/A N/A N/A 14.26
Retirement Goal 2030 Fund Benchmark     2.09 4.90 5.18 11.61       N/A
Retirement Goal 2040 Fund10  11/02 $15 2.30 4.60 4.27 10.84 N/A N/A N/A 14.54
Retirement Goal 2040 Fund Benchmark     2.17 4.96 5.13 11.88       N/A
Retirement Goal Income Fund10  11/02 $5 1.08 2.84 3.26 5.60 N/A N/A N/A 7.22
Retirement Goal Income Fund Benchmark     1.03 2.97 3.73 6.21       N/A

  Investment Type: Large Cap Stock - Value

Large Cap Value/John A. Levin & Co. Fund11  08/97 $1,146 1.38 4.31 5.72 14.30 3.05 2.65 11.28 N/A
Large Cap Value Fund (sub-advised by Wellington Management)12  09/00 $558 2.97 5.95 5.34 13.40 5.79 3.38 N/A 11.68
Alliance Bernstein Growth & Income Fund (Class A)6  05/81 $7,060 0.87 2.65 3.86 11.78 2.81 2.81 12.31 N/A
Large Cap Value/Barrow Hanley13  03/02 $203 0.60 3.02 7.72 17.71 9.15 8.08 12.80 N/A
Russell 1000 Value Index     1.66 4.71 7.29 15.45 8.48 3.49 12.56 N/A
Fidelity Advisor Equity Income6  04/83 $2,788 0.98 1.90 3.98 12.03 6.95 4.33 10.31 N/A
Russell 3000 Value Index     1.65 4.86 7.47 15.64 9.11 4.31 12.57 N/A
Lord Abbett Affiliated P14  06/91 $17,878 2.28 4.16 3.85 11.60 6.66 4.20 11.67 N/A
Davis NY Venture (Class A Shares)6  02/69 $24,632 1.30 3.41 4.58 12.77 8.19 3.39 13.28 N/A
T.Rowe Price Equity Income Fund (R Shares)15  10/85 $16,585 1.00 3.62 5.98 13.85 7.56 5.31 11.85 N/A
S&P; 500 Index     1.53 3.04 3.06 9.42 3.92 -2.22 11.01 N/A

  Investment Type: Large Cap Stock - Blend

Dryden S&P; 500 Index Fund(formerly known as S&P; 500 Index Fund)16  12/87 $3,076 1.48 2.88 2.56 8.77 3.33 -2.77 10.40 N/A
Large Cap Blend / Victory Fund 01/92 $392 0.89 3.70 1.79 7.43 -0.35 -4.44 8.84 N/A
Waddell & Reed Advisors Accumulative - A Shares6  12/90 $1,950 0.88 2.15 -0.61 2.35 -0.78 1.74 10.64 N/A
Calvert Social Investment Fund (CSIF) Equity Portfolio6  08/87 $719 2.02 2.06 -0.06 4.13 4.84 5.29 10.00 N/A
T.Rowe Price Blue Chip Growth Fund (R Shares)17  04/03 $7,638 1.42 3.10 0.88 6.72 2.58 -2.17 10.86 N/A
S&P; 500 Index     1.53 3.04 3.06 9.42 3.92 -2.22 11.01 N/A

  Investment Type: Large Cap Stock - Growth

Large Cap Growth/Goldman Sachs Fund18  08/97 $671 2.55 3.41 -0.53 2.96 -0.12 -8.00 N/A 1.19
Large Cap Growth / Turner Investment Partners Fund19  05/98 $542 2.94 4.01 -0.60 3.26 -1.29 -5.42 N/A -0.38
Large Cap Growth / Waddell & Reed Fund 03/04 $119 0.52 1.88 -4.53 -1.55 1.18 0.93 N/A 5.02
Large Cap Growth / Jennison Fund 10/04 $5 3.13 4.58 1.34 5.84 0.29 -6.45 9.04 N/A
Russell 1000 Growth Index     1.56 2.02 -1.11 3.38 0.41 -7.85 8.63 N/A
Fidelity Advisor Equity Growth6  09/92 $5,002 1.68 1.90 -3.57 -0.07 -0.97 -5.76 8.92 N/A
Janus Adviser Growth Fund20  09/93 $306 1.76 0.58 -3.38 0.47 0.26 -6.65 8.15 N/A
American Century Ultra - Advisor Shares21  10/96 $22,520 1.28 2.40 1.70 4.19 2.54 -4.18 8.95 N/A
Oppenheimer Capital Appreciation (Class A)6  01/81 $8,921 2.03 2.11 0.18 5.81 1.38 -0.11 12.06 N/A
S&P; 500 Index     1.53 3.04 3.06 9.42 3.92 -2.22 11.01 N/A

  Investment Type: Mid Cap Stock - Value

Mid Cap Value (sub-advised by Wellington Management)22  09/00 $667 2.30 4.20 5.41 14.08 15.08 13.01 N/A 13.91
Russell 2500 Value     1.81 6.34 8.92 17.81 17.43 14.42 14.52 N/A
Mid Cap Value / Cooke & Bieler Fund 06/04 $10 -0.24 1.19 1.12 7.20 12.80 17.61 N/A 12.34
Russell MidCap Value Index     2.31 6.99 11.55 19.74 15.75 11.33 14.15 N/A
American Century Equity Income (Investor Shares)6  08/94 $3,550 0.12 2.37 5.27 13.86 10.59 10.50 14.25 N/A
S&P; 500 Value Index     1.51 4.56 6.85 14.47 6.36 1.49 11.03 N/A

  Investment Type: Mid Cap Stock - Blend

Mid Cap Blend / New Amsterdam Partners Fund23  06/98 $73 -0.32 4.24 6.41 6.85 4.43 4.99 N/A 2.99
Russell MidCap Index     2.76 6.55 8.69 15.09 12.88 7.85 12.99 N/A
Fidelity Advisor Value Strategies24  12/83 $1,036 1.90 3.19 0.09 3.57 12.30 9.47 11.79 N/A
Russell MidCap Value Index     2.31 6.99 11.55 19.74 15.75 11.33 14.15 N/A

  Investment Type: Mid Cap Stock - Growth

AIM Constellation6  05/76 $6,578 2.46 3.50 -1.12 3.20 2.55 -3.47 6.89 N/A
Russell 1000 Growth Index     1.56 2.02 -1.11 3.38 0.41 -7.85 8.63 N/A
Turner Mid Cap Growth6  10/96 $905 4.29 6.73 -0.50 1.91 5.07 -1.60 N/A 13.22
Mid Cap Growth/Artisan Partners25  03/97 $1,050 3.21 5.84 4.32 8.58 6.36 10.56 N/A 19.14
Mid Cap Growth / Goldman Sachs Fund 06/04 $7 3.11 6.11 6.34 10.48 6.38 11.71 N/A 14.51
Russell MidCap Growth Index     3.39 5.93 4.79 8.77 7.67 -0.19 9.81 N/A
American Century-Heritage6  11/87 $1,224 1.32 2.28 -2.71 -0.09 2.07 2.96 8.22 N/A
Russell MidCap Index     2.76 6.55 8.69 15.09 12.88 7.85 12.99 N/A

  Investment Type: Small Cap Stock - Value

Small Cap Value/Perkins, Wolf, McDonnell Fund26  12/97 $1,375 1.87 6.07 6.59 15.95 12.64 15.31 16.59 N/A
Small Cap Value/TCW Fund27  01/01 $93 1.40 0.89 -6.86 0.08 7.80 12.70 13.90 N/A
Goldman Sachs Small Cap Value (Class A) 10/92 $1,665 -0.75 5.26 7.05 14.91 17.34 19.22 11.05 N/A
Russell 2000 Value Index     1.55 6.61 9.66 17.99 17.29 15.53 13.79 N/A

  Investment Type: Small Cap Stock - Blend

Small Cap Blend/WHV Fund28  01/01 $43 0.96 5.01 5.06 15.95 10.76 11.16 15.13 N/A
Russell 2000 Index     1.97 6.21 5.75 11.73 12.31 7.74 10.13 N/A

  Investment Type: Small Cap Stock - Growth

Ivy Small Cap Growth (Y Shares)6  12/95 $496 6.11 5.84 3.53 6.85 6.53 4.05 N/A 11.65
Small Cap Growth/Granahan Fund29  03/02 $49 2.51 8.07 4.73 8.72 6.18 8.84 10.14 N/A
Russell 2000 Growth Index     2.43 5.77 1.74 5.53 6.65 -0.71 5.69 N/A

  Investment Type: Global Stock - Value

Global Value/Morgan Stanley Fund30  06/98 $53 2.60 4.01 4.12 13.86 5.23 3.35 8.66 N/A
Templeton Growth6  11/54 $19,708 2.38 5.36 6.69 16.43 11.49 8.22 10.29 N/A
MSCI World Index - Net     2.45 4.84 4.99 13.25 6.06 -2.12 6.76 N/A

  Investment Type: Global Stock - Growth

Oppenheimer Global (Class A)6  12/69 $11,415 3.27 7.39 5.55 14.66 9.00 7.04 11.57 N/A
MSCI World Index     2.47 4.94 5.39 13.76 6.54 -1.73 7.19 N/A

  Investment Type: International Stock - Value

Templeton Foreign6  10/82 $16,077 2.83 6.20 6.50 13.25 10.83 5.12 7.06 N/A
MSCI EAFE (net)     3.41 6.58 7.83 18.84 9.42 -0.92 4.02 N/A

  Investment Type: International Stock - Blend

International Equity/Julius Baer Fund 02/03 $273 4.23 8.00 5.84 13.75 12.03 6.78 N/A 12.38
MSCI EAFE (net)     3.41 6.58 7.83 18.84 9.42 -0.92 4.02 N/A

  Investment Type: International Stock - Growth

American Century International Growth-Investor6  05/91 $2,833 3.12 6.44 4.16 11.24 3.15 -1.75 6.30 N/A
MSCI EAFE (net)     3.41 6.58 7.83 18.84 9.42 -0.92 4.02 N/A
International Growth/Artisan Partners Fund31  02/01 $217 3.10 5.06 4.73 14.00 4.31 N/A N/A -1.73
MSCI EAFE Growth     3.35 6.04 4.51 14.33 7.24 -4.48 1.96 N/A

  Investment Type: Other - Special Equity

Cohen & Steers Realty Income Fund (I Shares)6  07/98 $1,661 4.26 11.15 16.84 26.17 21.36 20.02 N/A 12.84
NAREIT EQUITY INDEX     5.35 13.65 20.31 29.95 22.79 20.14 14.19 N/A

  Investment Type: Specialty - Special Equity

Waddell & Reed Advisors Science and Technology Fund (Class A Shares) 04/50 $2,123 5.29 9.02 6.70 11.70 4.22 2.43 16.28 N/A
S&P; Technology     5.52 2.74 -5.17 -1.25 -0.30 -12.21 12.14 N/A

Legend:

1Results are net of the highest management fee (0.75%) charged for this Fund and the Fund's operating expenses, but before any contract-related expenses. Performance data represents past performance and is not necessarily indicative of future results. Cumulative returns are annualized.
2The Separate Account was established 11/2002. Performance prior to 12/2002 represents the Caywood-Scholl High Yield composite, which is comprised of portfolios that are managed pursuant to a similar investment strategy. Results are net of the highest management fee (1.20%) charged for this Fund and the Fund's operating expenses (0.02% projected for 2003), but before any contract-related expenses. Performance data represents past performance and is not necessarily indicative of future results.
3Historical average annual new business rates as of 3/31/2003. Results prior to 4/1995 restated to reflect the current guaranteed structure. Cumulative returns are annualized.
4Results are net of the highest management fee (1.25%) charged for this Fund, but before any contract-related expenses. The Separate Account was established in 11/1999; performance prior to 11/1999 represents the INVESCO Total Return Fund, a similarly managed account at INVESCO Capital Management, Inc. Investment returns and principal value will vary, and you may have a gain or loss when you withdraw from the Fund. Performance data shown represents past performance and is not necessarily indicative of future results.
5Results are net of Annual Fund Operating Expenses, and include the reinvestment of dividends and gains (as applicable), but are before any contract-related expenses. The Separate Account was established 7/2002. The Oakmark Equity and Income Fund Class I was established 11/1995; performance prior to 7/2002 the inception date of the separate account is that of The Oakmark Equity and Income Fund Class I. Fees that the Fund transmits to the Separate Account include a 12b-1 fee (0.35%). Since Inception returns for this Fund are based on an inception date of 11/1995. Performance data shown represents past performance and is not necessarily indicative of future results.
6This Fund is not offered for sale to you by CIGNA, but rather constitutes an investment of the Separate Account. Results prior to the establishment of the Separate Account represent performance of the Fund only, except as noted.
7The Separate Account was established in 10/2000. It is comprised of two underlying Separate Accounts: 60% Large Cap Growth/Morgan Stanley Fund and 40% State Street Global Advisors Intermediate Bond Account. Performance results are net of the highest management fee (1.25%) charged for this Fund and the Fund's operating expenses (0.02% projected for 2003) and are before any contract-related expenses. Results represent the blended net returns of the underlying Separate Accounts using the Fund s 60%/40% asset mix. The performance used for the Large Cap Growth/Morgan Stanley Fund includes that of a similarly managed portfolio for the period prior to that Fund's inception. Performance data represents past performance and is not necessarily indicative of future results.
8Results are net of annual Fund operating expenses, and include the reinvestment of dividends and capital gains (as applicable), but are before any contract-related expenses. The Separate Account was established in 4/2000. The Fund commenced operation on August 1, 2000, after the reorganization of the Retirement Shares of Janus Aspen Series into the Fund. The returns for the reorganized Fund reflect the performance of the Retirement Shares of Janus Aspen Series prior to the reorganization. (The Performance of the Retirement Shares prior to May 1, 1997, reflects the performance of a different class of Janus Aspen Series, restated to reflect the fees and expenses of the Retirement Shares on May 1, 1997, ignoring any fee and expense limitations.) Fees that the Fund transmits to the Separate Account include a 12b-1 fee (0.50%) and an annual sub-transfer agency fee of (0.00%) of the average net asset value of the Fund's shares held of record by CG Life, which are applied to offset, in full, a corresponding management/administration fee charged by Connecticut General Life Insurance Company. Payment of these fees does not increase the total expenses of the Fund beyond the level described below as Annual Fund Operating Expenses. Performance data shown represents past performance and is not necessarily indicative of future returns.
9Results are before any contract-related charges and are net of the weighted average of the highest management fee currently charged on the underlying separate accounts: Lifetime20, 1.10%; Lifetime30, 1.04%; Lifetime40, 1.02%; Lifetime50, 0.96%; and Lifetime 60 0.87%. Results prior to 7/1/994 represent pro forma composite results of the underlying Funds using the CIGNA Lifetime Fund's normal asset allocation at that time.
10These Separate Accounts were established in 11/2002. Results are before any contract-related expenses and are net of the management fee currently charged on the underlying separate acounts: Retirement Goal 2040, 1.15%; Retirement Goal 2030, 1.15%; Retirement Goal 2020, 1.10%; Retirement Goal 2010, 1.05%; and Retirement Goal Income, 0.90%.
11This Fund is currently on the Watch List due to portfolio manager changes. There are no performance related concerns at this time, due to these changes. The Separate Account was established 8/1997 from a John A. Levin-managed portfolio of another CIGNA Separate Account which had been in place since 10/1993. Results from 10/1993 to 7/1997 represent that portfolio's performance. Performance reflects the highest management fee (1.25%) charged for this Fund. Since Inception returns are based on an inception date of 10/1993.
12The Separate Account was established in 9/2000. Performance prior to 10/2000 represents the Wellington Management Company Research Value Composite, which is comprised of portfolios that are managed pursuant to a similar investment strategy. Results are net of the highest management fee (1.25%) charged for the Fund and the Fund's operating expenses (0.03% projected for 2003), but are before any contract-related expenses. Since Inception returns for this Fund are based on an inception date of 08/01/1995. Performance data represents past performance and is not necessarily indicative of future results.
13Results are net of the highest management fee (1.25%) charged for this Fund and the Fund's operating expenses (0.04% projected for 2003), but before any contract-related expenses. The Separate Account was established 3/2002. Results prior to 4/2002 are those of Barrow, Hanley, Mewhinney & Strauss, Inc.'s Large Cap Value Composite, which is comprised of portfolios that are managed pursuant to a similar investment strategy. Performance data shown represents past performance and is not necessarily indicative of future results.
14Results are net of Annual Fund Operating Expenses, and include the reinvestment of dividends and capital gains (as applicable), but are before any contract-related expenses. The Separate Account was established 7/2001. The performance shown reflects Class A shares at net asset value prior to November 24, 1997, the inception of Class P shares, and the performance of Class P shares at net asset value thereafter. Class P shares have a higher expense ratio than Class A shares due to higher 12b-1 fees. Accordingly, the Class A share performance shown has been restated to reflect the higher expenses of the Class P shares to provide an indication of what Class P share performance likely would have been had Class P shares existed prior to July 1, 1991 through November 23, 1997. Fees that the Fund transmits to the Separate Account include a 12b-1 fee (0.45%). Performance data represents past performance and is not necessarily indicative of future results.
15The Separate Account was established 4/2003. Results are net of Annual Fund Operating Expenses, and include the reinvestment of dividends and capital gains (as applicable), but are before any contract-related expenses. The T. Rowe Price Equity Income Fund - R Class was established 9/30/2002; performance since that time is that of the R Class. Performance prior to 9/30/2002 is based on the returns of the T. Rowe Price Equity Income Fund original class shares. Fees that the Fund transmits to the Separate Account include a 12b-1 fee (0.50%) and an annual sub-transfer agency fee of (0.10%) of the average net asset value of the Fund's shares held of record by CG Life, which are applied to offset, in full, a corresponding management/administration fee charged by Connecticut General Life Insurance Company. Performance data shown represents past performance and is not necessarily indicative of future results.
16Results are net of the highest management fee (0.60%) and the Fund's operating expenses (0.02% projected for 2003), and include the reinvestment of dividends and capital gains (as applicable), but are before any contract-related expenses. Performance data represents past performance and is not necessarily indicative of future results.
17The Separate Account was established 4/2003. Results are net of Annual Fund Operating Expenses, and include the reinvestment of dividends and capital gains (as applicable), but are before any contract-related expenses. The T. Rowe Price Blue Chip Growth Fund - R Shares was established 9/30/2002; performance since that time is that of the R Shares. Performance prior to 9/30/2002 is based on the returns of the T. Rowe Price Blue Chip Growth Fund original class shares adjusted to reflect the highest annual expenses of the Class R shares. Fees that the Fund transmits to the Separate Account include a 12b-1 fee (0.50%) and an annual sub-transfer agency fee of (0.10%) of the average net asset value of the Fund's shares held of record by CG Life, which are applied to offset, in full, a corresponding management/administration fee charged by Connecticut General Life Insurance Company. Since Inception returns for this Fund are based on an inception date of 7/1/1993. Performance data shown represents past performance and is not necessarily indicative of future results.
18The Separate Account was established in 8/1997 from a Putnam-managed portfolio of another CIGNA Separate Account following the same strategy as the Fund which had been in place since 10/1993. Results from 10/1993 to 7/1997 represent that portfolio's performance. Performance reflects the management fee (1.25%) charged for this Fund.
19The Separate Account was established 6/1998; performance prior to 7/1998 represents the Morgan Stanley Institutional Fund, Inc. Equity Growth Portfolio (Class A) Mutual Fund, a fund managed pursuant to a similar investment strategy and approach as this Fund. Performance reflects the highest management fee (1.25%) charged for this Fund.
20Results are net of Annual Fund Operating Expenses, and include the reinvestment of dividends and capital gains (as applicable), but are before any contract-related expenses. The Separate Account was established in 6/1999. The Fund commenced operation on August 1, 2000, after the reorganization of the Retirement Shares of Janus Aspen Series into the Fund. The returns for the reorganized Fund reflect the performance of the Retirement Shares of Janus Aspen Series prior to the reorganization. (The performance of the Retirement Shares prior to May 1, 1997 reflects the performance of a different class of Janus Aspen Series, restated to reflect the fees and expenses of the Retirement Shares on May 1, 1997, ignoring any fee and expense limitations.) Fees that the Fund transmits to the Separate Account include a 12b-1 fee (0.25%) and an annual sub-transfer agency fee of (0.25%) of the average net asset value of the Fund's shares held of record by CG Life, which are applied to offset, in full, a corresponding management/administration fee charged by Connecticut General Life Insurance Company. Payment of these fees does not increase the total expenses of the Fund beyond the level described below as Annual Fund Operating Expenses. Performance data shown represents past performance and is not necessarily indicative of future results.
21This Separate Account was established in 10/1999. The Advisor class of shares of Ultra was established in 10/1996; performance since that time is that of the Advisor class, is net of Annual Fund Operating Expenses and includes the reinvestment of dividends and capital gains. Performance prior to 10/1996 is based on the returns of the Investor Class shares, adjusted to reflect the expenses of the Advisor Class shares. Fees that the Fund transmits to the Separate Account include a 12b-1 fee (0.35%) and an annual sub-transfer agency fee of (0.25%) of the average net asset value of the Fund's shares held of record by CG Life, which are applied to offset, in full, a corresponding management/administration fee charged by Connecticut General Life Insurance Company. The mutual fund s payment of this fee does not increase the total expenses of the Fund beyond the level described below as Annual Fund Operating Expenses. Performance data shown represents past performance and is not necessarily indicative of future results.
22The Separate Account was established in 9/2000. Performance prior to 10/2000 represents the Wellington Management Company Mid Cap Value Composite, which is comprised of portfolios that are managed pursuant to a similar investment strategy. Results are net of the highest management fee (1.50%) charged for this Fund and the Fund's operating expenses (0.03% projected for 2003), but before any contract-related expenses. Since Inception returns for this Fund are based on an inception date of 02/01/1997. Performance data represents past performance and is not necessarily indicative of future results.
23Results are net of the highest management fee (1.50%) charged for this Fund and the Fund s operating expenses (0.05% projected for 2003), but before any contract-related expenses. The Separate Account was established in 6/1998. Performance prior to 7/1998 represents the Cadence Capital Mid-Cap Composite, which is comprised of Funds managed pursuant to a similar investment strategy and approach as this Fund uses. Performance data represents past performance and is not necessarily indicative of future results.
24Results are net of Annual Fund Operating Expenses, and include the reinvestment of dividends and capital gains (as applicable), but are before any contract-related expenses. Average annual total returns include changes in share prices and reflect the effect of the waiver of a front-end sales charge. The Separate Account was established 1/1991; performance from prior periods represents the mutual fund only. Prior to 7/1999, the Fund operated under different investment policies. Accordingly, the Fund's historical performance may not represent its current investment policies. Fees that the Fund transmits to the Separate Account include a 12b-1 fee (0.50%) and an annual sub-transfer agency fee of (0.08%) of the average net asset value of the Fund's shares held of record by CG Life, which are applied to offset, in full, a corresponding management/administration fee charged by Connecticut General Life Insurance Company. The mutual fund's payment of these fees does not increase the total expenses of the Fund beyond the level described below as Annual Fund Operating Expenses. Performance data shown represents past performance and is not necessarily indicative of future results. Your investment may be worth more or less than your original cost.
25The Separate Account was established in 9/2000. Results prior to 10/2000 are those of the Artisan Mid-Cap Composite, which is comprised of portfolios that are managed pursuant to a similar investment strategy. Results are net of the highest management fee (1.50%) charged for the Fund and the Fund's operating expenses (0.03% projected for 2003) and are before any contract-related expenses. Since Inception returns for this Fund are based on an inception date of 04/01/1997. Performance data represents past performance and is not indicative of future results.
26Results are net of the highest management fee (1.50%) charged for this Fund and the Fund's operating expenses (0.02% projected for 2003), but before any contract-related expenses. The Separate Account was established in 12/1997; performance prior to 1/1998 represents the Berger Small Cap Value Fund (prior to 5/1/2003 named Berger Small Cap Value) Institutional Shares, a mutual fund managed pursuant to a similar investment strategy and approach, adjusted to reflect the management fee for this Fund. Investment returns and principal value will vary, and you may have a gain or a loss when you withdraw from the Fund. Investments in smaller companies may pose additional risks (including price volatility) and rewards than investments in larger companies. Performance data represents past performance and is not necessarily indicative of future results.
27The Separate Account was established in 1/2001. Results prior to 2/2001 are those of TCW Asset Management Company s Small Cap Value Composite, which is comprised of portfolios that are managed pursuant to a similar investment strategy and approach as this Fund uses. Results are net of the highest management fee (1.50%) charged for this Fund and the Fund s operating expenses (0.05% projected for 2003). Performance data represents past performance and is not necessarily indicative of future results.
28The Separate Account was established in 1/2001. Results prior to 2/2001 are those of Wentworth, Hauser and Violich's Small Cap Composite, which is comprised of portfolios that are managed pursuant to a similar investment strategy and approach as this Fund uses. Results are net of the highest management fee (1.50%) charged for this Fund and the Fund's operating expenses (0.02% projected for 2003). Performance data represents past performance and is not necessarily indicative of future results.
29Results are net of the highest management fee (1.50%) charged for this Fund and the Fund's operating expenses (0.20% projected for 2003). For this Fund, Connecticut General Life Insurance Company ( CGLIC ) has agreed, until 12/31/2003, to waive the Fund s Other Expenses to the extent they exceed .05% of the Fund s average daily net assets. For 3 years after CGLIC waives any Other Expenses, if Other Expenses in any year fall below the specified limit, CGLIC shall be entitled to receive the amount of the difference. The Separate Account was established in 3/2002. Results prior to 4/2002 are those of Granahan Investment Management's Small Cap Explorer composite, which is comprised of a Fund managed pursuant to a similar investment strategy and approach. Performance data shown represents past performance and is not necessarily indicative of future results.
30Results are net of the highest management fee (1.50%) charged for this Fund and the Fund's operating expenses (0.07% projected for 2003), but before any contract-related expenses. The Separate Account was established in 6/1998; performance prior to 7/1998 represents the Morgan Stanley Institutional Fund, Inc. Global Equity Portfolio (Class A) Mutual Fund, a fund managed pursuant to a similar investment strategy and approach as this Fund. The mutual fund results have been adjusted to reflect the management fee for this Fund. Investment returns and principal value will vary, and you may have a gain or loss when you withdraw from the Fund. Performance data shown represents past performance and is not necessarily indicative of future results.
31The Separate Account was established in 2/2001. Results are net of the highest management fee (1.50%) charged and the Fund's operating expenses (0.23% projected for 2003). Performance data represents past performance and is not necessarily indicative of future results.

 

* This Fund is not offered for sale to you by CIGNA, but rather constitutes an investment of the CIGNA Separate Account.

To obtain a Performance Update that contains more information regarding these investments and their performance, please click on the appropriate Fund name in the Fund Name chart above or contact your CIGNA retirement representative.

Products and services provided by operating subsidiaries of CIGNA Corporation, including Connecticut General Life Insurance Company, TimesSquare Capital Management, Inc., and CIGNA International Investment Advisors, Ltd.


Back to top


  
    © 2004 CIGNA
    Legal Disclaimers | Link to Our Site | Privacy Information