Investments in The Guardian Investor ProStrategies Variable AnnuitySM (I Share) or any of its investment options are not deposits or obligations of, or guaranteed or
endorsed by any bank or depository institution; further, neither the contract nor such investments are insured by the Federal Deposit Insurance Corporation (FDIC),
the National Credit Union Association (NCUA), the Federal Reserve Board, or any other government agency.
Investments in any of the variable investment options involve risk, including the possible loss of principal. This information is authorized for use with the public only when preceded or accompanied by a prospectus for The Guardian Investor ProStratagies Variable AnnuitySM (I Share).
Performance data quoted is historical. Past performance is no guarantee of future results. The Guardian Investor ProStrategies Variable
AnnuitySM (I Share) contract unit values and investment returns will fluctuate to reflect the investment performance of the investment
options, and may be higher or lower than the amount invested through purchase payments. Contract owner units, when redeemed, may be worth
more or less than the original investment. Investment in any of the variable investment options involves risk, including the possible loss of
Charges and expenses for this variable annuity include: a) the investment division charges consisting of fund-level expenses,
which are similar to the charges on traditional mutual funds (these fees range from 0.51% to 1.40% for the year ended 12/31/19
after giving effect to applicable fee waivers, expense reimbursements or reductions, offset arrangements, or custody credits;
in the absence of such arrangements these fees would be higher), b) the separate account level charges consisting of the annual
mortality and expense risk charge (M&E charge) of 1.00%, c) contract level charges consisting of, for NonStandardized Average Annual
Total Returns (adjusted for all charges) and Standardized Average Annual Total Returns only.
Please note that performance results for contractowners who elect an enhanced death benefit would be lower if the charges for
these features were reflected. These charges are as follows: for the Return of Premium (Basic) Death Benefit, 0.25% of the
variable investment option assets; for the Return of Premium Plus Death Benefit, 0.30% of the variable investment option assets,
for the Highest Anniversary Value Death Benefit (HAVDB), 0.30% of the variable investment options assets; and for the Return of
Premium Plus with HAVDB, 0.35% of the variable investment option assets.
The following funds have asset-based distribution fees (12b-1 fees) that were imposed on the dates noted.
Returns for these funds prior to the dates on which these fees were imposed do not include the effects of the 12b-1 fees and
returns listed would have been lower for these funds if these fees had been in place and reflected in the performance. All
time periods for any funds not listed below reflect the effects of any applicable 12b-1 fees.
|AB VPS Dynamic Asset Allocation Portfolio (Class B)
|ALPS/ Alerian Energy Infrastructure Portfolio (Class III)
|American Century VP Inflation Protection (Class II)
|American Century VP Mid Cap Value Fund (Class II)
|American Funds Insurance Series® Asset Allocation Fund (Class 4)
|American Funds Insurance Series® The Bond Fund of America (Class 4)
|American Funds Insurance Series® Global Growth and Income Fund (Class 4)
|American Funds Insurance Series® Global Growth Fund (Class 4)
|American Funds Insurance Series® Growth Fund (Class 4)
|American Funds Insurance Series® Growth-Income Fund (Class 4))
|American Funds Insurance Series® U.S. Government Securities Fund (Class 4)
|ClearBridge Variable Small Cap Growth Portfolio (Class II)
|Delaware Ivy VIP Global Bond Class II
|Delaware Ivy VIP High Income Class II
|DWS Alternative Asset Allocation VIP (Class B)
|Fidelity VIP Government Money Market Portfolio (Service Class 2)
|Fidelity VIP Growth Opportunities Portfolio (Service Class 2)
|Franklin Growth And Income VIP Fund (Class 2 Shares)
|Invesco Oppenheimer V.I. International Growth Fund (Series II)
|Invesco V.I. Balanced-Risk Allocation Fund (Series II)
|Janus Henderson Global Technology & Innovation Portfolio Srv Shr
|Lazard Retirement Global Dynamic Multi Asset Portfolio (Service Shares)
|MFS® International Intrinsic Value Portfolio (Service Class)
|Morgan Stanley Variable Insurance Fund, Inc. Emerging Markets Equity Portfolio (Class II)
|Morgan Stanley Variable Insurance Fund, Inc. Global Infrastructure Portfolio (Class II)
|PIMCO Dynamic Bond Portfolio (Advisor Class)
|Pioneer Bond VCT Portfolio (Class II)
|Putnam VT Small Cap Value Fund Class IB
|T. Rowe Price Health Sciences Portfolio II
|VanEck VIP Global Resources Fund - S Class
|Virtus Duff & Phelps Real Estate Securities Series
Certain portfolios may have similar investment objectives and policies and, in some cases, similar names to retail mutual funds managed by the same manager. The portfolios named are not the same funds as the retail funds. As a result, specific investments may be different and investment results may be higher or lower. While all funds involve some risk, including possible loss of principal amount invested, there may be additional risks to consider when investing in certain types of funds or certain types of asset classes that comprise a fund’s portfolio. Below are some common risks associated with certain funds; however, these may not be all of the risks associated with investing in the funds. For information on specific risks associated with the funds available in your contract, please see the fund prospectuses.
[A] Foreign Securities and Emerging Markets Risk. Investments in foreign securities involve special risks, including changes in currency rates, foreign taxation and differences in auditing standards and securities regulations, political uncertainty and greater volatility. These risks are magnified in emerging markets.
[B] Small Cap and Mid Cap Companies Risk. Risks associated with investments in small and mid cap companies include less publicly available information, higher volatility, and less liquidity than investments in larger companies.
[C] Concentration Risk. Investments concentrated in specific industries, market segments, regions or securities may be subject to increased share price volatility.
[D] Debt Securities Risk. Investing in Bond funds or funds that invest any of their assets in debt securities exposes the Policyowner to the general risks of investing in debt markets, such as interest rate, credit, and prepayment risk. Generally, when interest rates rise, bond prices fall, and when interest rates fall, bond prices rise. Therefore, an increase in interest rates would decrease the value of a bond fund's holdings. The ability of an issuer of a debt security to repay principal prior to a security's maturity can cause greater price volatility if interest rates change. Credit risk is the risk that a bond issuer will default by failing to make the required payments on its debt obligations.
[E] High Yield Debt Securities Risk. Investments in high yield bonds or lower rated and unrated debt securities are subject to greater credit risk and price fluctuation than investments in higher-rated securities.
[F] Derivatives Risk. Since the value of a derivative instrument derives from an underlying asset, the use of derivatives involves risks different from, and possibly greater than, the risks associated with investing directly in the underlying assets. Derivatives can be highly volatile, illiquid, and difficult to value.
[G] Alternative Risks. Investing in alternative asset classes involves special risk because they may be highly speculative and leveraged or may use various hedging techniques, like options and derivatives. Hedging techniques could increase losses since they are not reflected in historical standard deviation measurements. Also, there may be unique tax implications if the fund is traded in foreign markets and may be highly dependent on the manager's techniques for investing and selecting appropriate risk. Often, alternative asset classes are subject to less regulation than publicly offered investments because alternatives are not registered under U.S. Securities laws or similar laws in other countries.
[H] Fund of Funds Risk. The risk that the Fund's investment performance and its ability to achieve its investment objective are directly related to and depend on the performance of the underlying securities, such as the closed-end funds or ETFs in which it invests. The Fund's investment in underlying funds exposes the Fund to the risks associated with the types of securities in which the underlying fund invests and the investment techniques that they employ. Market fluctuations will change the weightings of the underlying funds in the Fund's portfolio from their target weightings. The Fund is subject to the risks of the underlying funds in direct proportion to the allocation of its assets among the underlying funds. Shareholders in the Fund will bear the Fund's operating expenses as well as the Fund's proportionate share of the expenses of the underlying funds. It is possible to lose money by investing in underlying funds.
[I] Closed-End Funds Risk. The risk that closed-end funds in which the Fund invests will expose the Fund to negative performance and additional expenses associated with investment in such funds, and increased volatility. Closed-end funds frequently trade at a discount from their net asset value (""NAV""), which may affect whether the Fund will realize gain or loss upon its sale of the closed-end funds' shares. Closed-end funds may employ leverage, which also subjects the closed-end fund to increased risks such as increased volatility.
[J] Exchange-Traded Funds (ETF) Risk. The risk that the ETF will not closely track its benchmark index, or that the value of an ETF will be more volatile than the underlying portfolio of securities the ETF is designed to track, or that the costs to the Fund of owning shares of the ETF will exceed those the Fund would incur by investing in such securities directly.
1Total returns for these investment options reflect the effects of one or more of the following during some or all of the time periods reflected in this report: fee waivers, expense reimbursements or reductions, and offset arrangements. In the absence of such arrangements, total returns would have been lower.
Prior to April 30, 2021 VanEck VIP Global Resources Fund - S Class was known as VanEck VIP Global Hard Assets Fund - Class S.
Prior to April 30, 2021 American Funds Insurance Series® Capital World Growth and Income Fund (Class 4) was known as American Funds Insurance Series® Global Growth and Income Fund (Class 4).
Prior to April 30, 2021 American Funds Insurance Series® The Bond Fund of America (Class 4) was known as American Funds Insurance Series® Bond Fund (Class 4).
Prior to April 30, 2021 American Funds Insurance Series® U.S. Government Securities Fund (Class 4) was known as American Funds Insurance Series® U.S. Government/AAA-Rated Securities Fund (Class 4).
Prior to July 1, 2021 Delaware Ivy VIP Global Bond Class II was known as Ivy VIP Global Bond Class II.
Prior to July 1, 2021 Delaware Ivy VIP High Income Class II was known as Ivy VIP High Income Class II.
Yield Based on 7-day period ending
Current: -1.70% Effective: -1.70%
Investments in the Fidelity VIP Government Money Market Portfolio are neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. In addition, during extended periods of low interest rates, and partly as a result of asset-based separate account charges, the yield on this investment option may become low and possibly negative. Although the underlying fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Portfolio. 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. The 7-day yield quotation is net of all recurring contract fees and charges, is prorated and more closely reflects the current earnings of the Money Market Portfolio than the total return quotation.