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April 8, 2011 Changes to the Ideal Signature Series and Ideal Segregated Fund Contracts In order to streamline our product offering, the following funds will be closed on or about June 14 th 2011: Ideal Global Monthly Income Fund, Ideal US Mid Cap Fund, Ideal European Equity Fund, Ideal US Equity Focus Fund and the Ideal Global Equity Focus Fund. As of April 14, 2011 these funds will no longer be available for new purchases, including transfers and switches. Contractholder premiums currently held in these funds will be reallocated as follows:
*Please note that the Ideal International Equity has a slightly higher management fee than the European Equity (A maximum of .20% more depending on the load option). Your client has the option of withdrawing assets held in this fund prior to transfer without charge (except for any applicable taxes). We will proceed with the above transfers on June 14 th, 2011. If these changes are not in line with your client’s financial objectives, your client may request a transfer to another fund or withdraw the balance without charge (except for any applicable taxes). Any request for withdrawals must be received by us at least 5 days prior to June 14 th, 2011. Following the transfer, pre-authorized chequing plans, scheduled withdrawals and dollar cost averaging plans, which had been established with respect to a terminating fund will be re-established with the continuing fund unless contractholders advise us otherwise. For further information on the above listed funds including objectives, strategies and fees, please refer to the most recent Ideal Segregated Fund and Ideal Signature Series Information Folders at www.standardlife.ca. Your clients will receive notice in writing of these changes, which is to be mailed April 11 th, 2011.
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