-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KaSTHzZqLjli2jcoLYayxJqt5ACbfsYFrm2kJlNcMVfe3fR0Sm9yLMbMx15xR2u8 Lga3Xjb4SOzH5P504mR1dw== 0000950148-01-502481.txt : 20020412 0000950148-01-502481.hdr.sgml : 20020412 ACCESSION NUMBER: 0000950148-01-502481 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20011203 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ANCHOR NATIONAL LIFE INSURANCE CO CENTRAL INDEX KEY: 0000006342 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 860198983 STATE OF INCORPORATION: AZ FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 424B3 SEC ACT: 1933 Act SEC FILE NUMBER: 333-08877 FILM NUMBER: 1805063 BUSINESS ADDRESS: STREET 1: 1 SUNAMERICA CENTER STREET 2: C/O THOMAS B PHILLIPS CITY: LOS ANGELES STATE: CA ZIP: 90067 BUSINESS PHONE: 3107726000 MAIL ADDRESS: STREET 1: 1 SUN AMERICA CENTER CITY: LOS ANGELES STATE: CA ZIP: 90067 FORMER COMPANY: FORMER CONFORMED NAME: ANCHOR LIFE INSURANCE CO DATE OF NAME CHANGE: 19600201 424B3 1 v77633be424b3.txt 424(B)3 As filed pursuant to Rule 424(b)(3) under the Securities Act of 1933 Registration Nos. 333-08877 ANCHOR NATIONAL LIFE INSURANCE COMPANY - -------------------------------------------------------------------------------- VARIABLE ANNUITY ACCOUNT FIVE OF ANCHOR NATIONAL LIFE INSURANCE COMPANY (PORTION RELATING TO THE SEASONS SELECT(II) AND SEASONS ADVISOR VARIABLE ANNUITIES) - -------------------------------------------------------------------------------- SUPPLEMENT TO THE SEASONS SELECT(II) PROSPECTUS DATED OCTOBER 24, 2001 SUPPLEMENT TO THE SEASONS ADVISOR PROSPECTUS DATED OCTOBER 1, 2001 THE FOLLOWING REPLACES THE INVESTMENT PORTFOLIO EXPENSES OF PORTFOLIOS TABLE IN THE FEE TABLE, WHICH BEGINS ON PAGE 6 OF THE PROSPECTUS: INVESTMENT PORTFOLIO EXPENSES OF PORTFOLIOS (as a percentage of daily net asset value after any applicable reimbursement or waiver of expenses, as of the fiscal year end of the Trust ending March 31, 2001)
- --------------------------------------------------------------------------------------- MANAGEMENT 12b-1 SERVICE OTHER TOTAL ANNUAL FEES(1) FEES(1)# EXPENSES(1) EXPENSES(1) - --------------------------------------------------------------------------------------- SELECT PORTFOLIOS - --------------------------------------------------------------------------------------- Large Cap 0.80% 0.15% 0.30% 1.25% Growth(2) - --------------------------------------------------------------------------------------- Large Cap 0.80% 0.15% 0.30% 1.25% Composite(2) - --------------------------------------------------------------------------------------- Large Cap Value(2) 0.80% 0.15% 0.30% 1.25% - --------------------------------------------------------------------------------------- Mid Cap Growth(2) 0.85% 0.15% 0.30% 1.30% - --------------------------------------------------------------------------------------- Mid Cap Value(2) 0.85% 0.15% 0.30% 1.30% - --------------------------------------------------------------------------------------- Small Cap(2) 0.85% 0.15% 0.30% 1.30% - --------------------------------------------------------------------------------------- International 1.00% 0.15% 0.30% 1.45% Equity(2) - --------------------------------------------------------------------------------------- Diversified Fixed 0.70% 0.15% 0.30% 1.15% Income(2) - --------------------------------------------------------------------------------------- Cash 0.55% 0.15% 0.30% 1.00% Management(2) - --------------------------------------------------------------------------------------- FOCUSED PORTFOLIOS - --------------------------------------------------------------------------------------- Focus Growth(2)* 1.00% 0.15% 0.30% 1.45% - --------------------------------------------------------------------------------------- Focus Growth and 1.00% 0.15% 0.30% 1.45% Income(2)* - --------------------------------------------------------------------------------------- Focus Value* 1.00% 0.15% 0.30% 1.45% - --------------------------------------------------------------------------------------- Focus TechNet(2)* 1.20% 0.15% 0.30% 1.65% - ---------------------------------------------------------------------------------------
* This portfolio was not available for sale during the entire fiscal year of the Trust. The percentages are estimated amounts for the current fiscal year. (1) Annualized. (2) For this portfolio, the advisor, SunAmerica Asset Management Corp., has voluntarily agreed to waive fees or expenses, if necessary, to keep operating expenses at or below established maximum amounts. All waivers or reimbursements may be terminated at any time. Only certain portfolios relied upon these waivers and/or reimbursements during the fiscal year, absent fee waivers or reimbursement of expenses by the advisor (or custody credits) the annualized expenses during the fiscal year would have been: Large Cap Growth (1.44%), Large Cap Composite (1.87%), Large Cap Value (1.64%), Mid Cap Growth (1.62%), Mid 1 Cap Value (1.64%), Small Cap (1.84%), International Equity (2.46%), Diversified Fixed Income (1.66%), Cash Management (1.80%), Focus Growth (1.90%), Focus Growth and Income (4.35%) and Focus TechNet (3.81%). THE FOLLOWING REPLACES THE INVESTMENT PORTFOLIO EXPENSES BY SEASONS STRATEGY TABLE IN THE FEE TABLE, WHICH BEGINS ON PAGE 6 OF THE PROSPECTUS: INVESTMENT PORTFOLIO EXPENSES BY SEASONS STRATEGY (based on the total annual expenses of the underlying investment portfolios reflected below after any applicable reimbursement or waiver of expenses, as of the fiscal year end of the Trust ending March 31, 2001)
- --------------------------------------------------------------------------------------- MANAGEMENT 12b-1 SERVICE OTHER TOTAL ANNUAL FEES(1) FEES(1)# EXPENSES(1) EXPENSES(1) - --------------------------------------------------------------------------------------- SEASONS STRATEGY - --------------------------------------------------------------------------------------- Growth 0.87% 0.15% 0.12% 1.14% - --------------------------------------------------------------------------------------- Moderate Growth 0.85% 0.15% 0.12% 1.12% - --------------------------------------------------------------------------------------- Balanced Growth 0.83% 0.15% 0.16% 1.14% - --------------------------------------------------------------------------------------- Conservative 0.80% 0.15% 0.21% 1.16% Growth - ---------------------------------------------------------------------------------------
(1) Annualized. THE FOLLOWING REPLACES THE INVESTMENT PORTFOLIO EXPENSES FOR SEASONS STRATEGY UNDERLYING PORTFOLIOS TABLE ON THE FEE TABLE, WHICH BEGINS ON PAGE 6 OF THE PROSPECTUS: INVESTMENT PORTFOLIO EXPENSES FOR SEASONS STRATEGY UNDERLYING PORTFOLIOS (as a percentage of daily net asset value of each investment portfolio as of the fiscal year end of the Trust ending March 31, 2001)
- --------------------------------------------------------------------------------------- MANAGEMENT 12b-1 SERVICE OTHER TOTAL ANNUAL FEES(1) FEES(1)# EXPENSES(1) EXPENSES(1) - --------------------------------------------------------------------------------------- SEASONS STRATEGY UNDERLYING PORTFOLIOS - --------------------------------------------------------------------------------------- Stock 0.85% 0.15% 0.08% 1.08% - --------------------------------------------------------------------------------------- Asset Allocation: 0.85% 0.15% 0.12% 1.12% Diversified Growth(2) - --------------------------------------------------------------------------------------- Multi-Managed 0.89% 0.15% 0.15% 1.19% Growth - --------------------------------------------------------------------------------------- Multi-Managed 0.85% 0.15% 0.14% 1.14% Moderate Growth - --------------------------------------------------------------------------------------- Multi-Managed 0.81% 0.15% 0.20% 1.16% Income/Equity - --------------------------------------------------------------------------------------- Multi-Managed 0.77% 0.15% 0.28% 1.20% Income - ---------------------------------------------------------------------------------------
(1) Annualized. (2) Gross of custody credits of 0.01%. # The 12b-1 Plan became effective on the commencement of sales of the Seasons Select II contract. Although the 12b-1 fees are reflected in the numbers shown here, it was not in effect for the entire fiscal year ended 2001. 2 THE ABOVE INVESTMENT PORTFOLIO EXPENSES WERE PROVIDED BY THE SEASONS SERIES TRUST. WE HAVE NOT INDEPENDENTLY VERIFIED THE ACCURACY OF THE INFORMATION. THE FOLLOWING REPLACES FOOTNOTE 3 UNDER EXPLANATION OF FEE TABLES AND EXAMPLES ON THE LAST PAGE OF THE FEE TABLES, PRIOR TO THE EXAMPLES: 3. For certain underlying investment portfolios in which the SELECT PORTFOLIOS, FOCUSED PORTOFOLIOS and SEASONS STRATEGIES invest, the adviser voluntarily agreed to waive fees or reimburse expenses, if necessary, to keep annual operating expenses at or below the following percentages of each of the following Portfolios' average net assets: Large Cap Growth Portfolio 1.25%, Large Cap Composite Portfolio 1.25%, Large Cap Value Portfolio 1.25%, Mid Cap Growth Portfolio 1.30%, Mid Cap Value Portfolio 1.30%, Small Cap Portfolio 1.30%, International Equity Portfolio 1.45%, Diversified Fixed Income Portfolio 1.15%, Focus Growth 1.45%, Focus Value 1.45%, Focus TechNet 1.65%, Focus Growth and Income 1.45%. These expense caps are also net of custody credits as follows: 0.01% for Large Cap Growth, Large Cap Composite, Large Cap Value, Mid Cap Growth, Diversified Fixed Income, and 0.02% for Focus Growth, 0.21% for Focus TechNet and 0.20% for Focus Growth and Income. Date: December 3, 2001 PLEASE KEEP THIS SUPPLEMENT WITH YOUR PROSPECTUS. 3 -----END PRIVACY-ENHANCED MESSAGE-----