NATIONWIDE

VLI SEPARATE

ACCOUNT-2

Annual Report

to

Contract Owners

December 31, 2016

NATIONWIDE LIFE INSURANCE COMPANY

HOME OFFICE: COLUMBUS, OHIO

Report of Independent Registered Public Accounting Firm

The Board of Directors of Nationwide Life Insurance Company and subsidiaries and

Contract Owners of Nationwide VLI Separate Account-2:

We have audited the accompanying statement of assets, liabilities and contract owners’ equity of Nationwide VLI Separate Account-2 (comprised of the sub-accounts listed in note 1(b), (collectively, “the Accounts”)), as of December 31, 2016, and the related statements of operations for the period then ended, the statements of changes in contract owners’ equity for each of the periods in the two-year period then ended, and the financial highlights for each of the periods in the five-year period then ended. These financial statements and financial highlights are the responsibility of the Accounts’ management. Our responsibility is to express an opinion on these financial statements and financial highlights based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. Our procedures included confirmation of securities owned as of December 31, 2016, by correspondence with the transfer agents of the underlying mutual funds or by other appropriate auditing procedures. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements and financial highlights referred to above present fairly, in all material respects, the financial position of the Accounts as of December 31, 2016, the results of their operations for the period then ended, the changes in contract owners’ equity for each of the periods in the two-year period then ended, and the financial highlights for each of the periods in the five-year period then ended, in conformity with U.S. generally accepted accounting principles.

/s/    KPMG LLP

Columbus, Ohio

March 21, 2017

NATIONWIDE VLI SEPARATE ACCOUNT-2

STATEMENT OF ASSETS, LIABILITIES AND CONTRACT OWNERS’ EQUITY

December 31, 2016

Assets:
Investments at fair value:
VPS Dynamic Asset Allocation Portfolio - Class A (ALVDAA)
14 shares (cost $168)	$	168
Global Allocation V.I. Fund - Class II (MLVGA2)
189,252 shares (cost $3,113,526)		2,925,842
VIP Small Cap Value Series: Service Class (DWVSVS)
11,916 shares (cost $409,319)		472,694
VA Inflation-Protected Securities Portfolio (DFVIPS)
2,267 shares (cost $22,775)		22,465
Stock Index Fund, Inc. - Initial Shares (DSIF)
959,196 shares (cost $29,813,308)		43,988,734
Socially Responsible Growth Fund Inc - Initial Shares (DSRG)
177,578 shares (cost $5,396,926)		6,723,121
Global Income Builder VIP - Class A (DSGIBA)
379 shares (cost $8,576)		8,916
Franklin Income Securities Fund - Class 2 (FTVIS2)
92,726 shares (cost $1,474,974)		1,426,128
Rising Dividends Securities Fund - Class 1 (FTVRDI)
160,963 shares (cost $4,214,836)		4,106,165
Small Cap Value Securities Fund - Class 1 (FTVSVI)
138,290 shares (cost $2,545,322)		2,756,128
Templeton Developing Markets Securities Fund - Class 2 (FTVDM2)
95,119 shares (cost $848,305)		700,077
Templeton Foreign Securities Fund - Class 1 (TIF)
4,961 shares (cost $58,719)		68,911
Templeton Foreign Securities Fund - Class 2 (TIF2)
71,997 shares (cost $1,158,946)		979,879
Templeton Global Bond Securities Fund - Class 2 (FTVGI2)
126,286 shares (cost $2,307,157)		2,052,154
VIP Founding Funds Allocation Fund - Class 2 (FTVFA2)
40,445 shares (cost $298,753)		286,347
Van Kampen V.I. Mid Cap Growth Fund - Series I Shares (IVKMG1)
43,060 shares (cost $214,570)		210,566
Balanced-Risk Allocation Fund: Series I Shares (IVBRA1)
14,001 shares (cost $161,184)		158,770
Balanced Portfolio: Service Shares (JABS)
41,742 shares (cost $1,299,557)		1,331,144
Forty Portfolio: Service Shares (JACAS)
125,700 shares (cost $4,358,824)		3,870,296
Global Technology Portfolio: Service Shares (JAGTS)
258,567 shares (cost $2,017,457)		2,195,236
Overseas Portfolio: Service Shares (JAIGS)
94,524 shares (cost $3,195,933)		2,256,276
Series Fund, Inc. - Total Return Portfolio - Class VC (LOVTRC)
68,812 shares (cost $1,173,635)		1,130,574
Var Insurance Trust II - MFS Investors Growth Stock Portfolio: Initial Class (MV2IGI)
11,564 shares (cost $199,936)		177,852
Variable Insurance Trust - MFS New Discovery Series - Intital Class (MNDIC)
6,530 shares (cost $116,573)		105,658
Value Series - Initial Class (MVFIC)
164,016 shares (cost $3,085,630)		3,099,909
Core Plus Fixed Income Portfolio - Class I (MSVFI)
29,085 shares (cost $305,893)		310,340
Emerging Markets Debt Portfolio - Class I (MSEM)
103,644 shares (cost $854,230)		807,385

U.S. Real Estate Portfolio - Class I (MSVRE)
61,063 shares (cost $1,063,548)	1,306,142
NVIT Bond Index Fund Class I (NVBX)
26,878 shares (cost $290,783)	277,914
NVIT International Index Fund Class I (NVIX)
10,611 shares (cost $95,484)	90,622
American Century NVIT Multi Cap Value Fund - Class I (NVAMV1)
453,460 shares (cost $7,109,805)	7,423,134
American Funds NVIT Asset Allocation Fund - Class II (GVAAA2)
112,653 shares (cost $2,641,272)	2,667,619
American Funds NVIT Bond Fund - Class II (GVABD2)
38,701 shares (cost $437,310)	437,708
American Funds NVIT Global Growth Fund - Class II (GVAGG2)
57,046 shares (cost $1,685,868)	1,506,013
American Funds NVIT Growth Fund - Class II (GVAGR2)
26,120 shares (cost $1,671,306)	1,944,144
American Funds NVIT Growth-Income Fund - Class II (GVAGI2)
12,133 shares (cost $677,040)	626,919
Federated NVIT High Income Bond Fund - Class I (HIBF)
156,596 shares (cost $1,067,551)	1,022,571
NVIT Emerging Markets Fund - Class I (GEM)
197,379 shares (cost $2,223,141)	1,932,341
NVIT International Equity Fund - Class I (GIG)
356,256 shares (cost $3,762,062)	3,355,927
Neuberger Berman NVIT Multi Cap Opportunities Fund - Class I (NVNMO1)
1,387,846 shares (cost $12,323,203)	13,475,989
Neuberger Berman NVIT Socially Responsible Fund - Class I (NVNSR1)
8,311 shares (cost $121,563)	109,287
NVIT Cardinal Aggressive Fund - Class I (NVCRA1)
27,983 shares (cost $290,079)	259,400
NVIT Cardinal Balanced Fund - Class I (NVCRB1)
37,196 shares (cost $394,185)	402,833
NVIT Cardinal Capital Appreciation Fund - Class I (NVCCA1)
60,235 shares (cost $703,696)	622,227
NVIT Cardinal Conservative Fund - Class I (NVCCN1)
6,286 shares (cost $66,018)	62,670
NVIT Cardinal Moderate Fund - Class I (NVCMD1)
98,109 shares (cost $1,059,450)	1,032,109
NVIT Cardinal Moderately Aggressive Fund - Class I (NVCMA1)
80,091 shares (cost $808,897)	732,828
NVIT Cardinal Moderately Conservative Fund - Class I (NVCMC1)
13,154 shares (cost $147,817)	138,381
NVIT Core Bond Fund - Class I (NVCBD1)
52,009 shares (cost $569,275)	554,418
NVIT Core Plus Bond Fund - Class I (NVLCP1)
11,151 shares (cost $128,497)	123,996
NVIT Nationwide Fund - Class I (TRF)
3,034,728 shares (cost $31,135,837)	48,586,000
NVIT Government Bond Fund - Class I (GBF)
502,702 shares (cost $5,836,320)	5,388,961
NVIT International Index Fund - Class II (GVIX2)
42,947 shares (cost $416,698)	366,764
NVIT Investor Destinations Aggressive Fund - Class II (GVIDA)
339,927 shares (cost $3,746,924)	4,269,480
NVIT Investor Destinations Balanced Fund - Class II (NVDBL2)
31,176 shares (cost $472,724)	471,383
NVIT Investor Destinations Capital Appreciation Fund - Class II (NVDCA2)
5,512 shares (cost $95,596)	94,043

NVIT Investor Destinations Conservative Fund - Class II (GVIDC)
40,131 shares (cost $412,427)	398,502
NVIT Investor Destinations Moderate Fund - Class II (GVIDM)
281,216 shares (cost $3,189,193)	3,506,760
NVIT Investor Destinations Moderately Aggressive Fund - Class II (GVDMA)
390,150 shares (cost $4,236,578)	5,118,771
NVIT Investor Destinations Moderately Conservative Fund - Class II (GVDMC)
98,766 shares (cost $1,139,114)	1,093,338
NVIT Mid Cap Index Fund - Class I (MCIF)
261,762 shares (cost $5,733,047)	6,345,112
NVIT Money Market Fund - Class I (SAM)
14,465,118 shares (cost $14,465,118)	14,465,118
NVIT Multi-Manager International Growth Fund - Class I (NVMIG1)
373,450 shares (cost $4,454,681)	3,614,996
NVIT Multi-Manager International Value Fund - Class I (GVDIVI)
45,071 shares (cost $481,130)	434,486
NVIT Multi-Manager Large Cap Growth Fund - Class I (NVMLG1)
141,032 shares (cost $1,776,331)	1,542,888
NVIT Multi-Manager Large Cap Value Fund - Class I (NVMLV1)
138,001 shares (cost $1,564,553)	1,404,847
NVIT Multi-Manager Mid Cap Growth Fund - Class I (NVMMG1)
2,642,577 shares (cost $25,781,148)	26,795,736
NVIT Multi-Manager Mid Cap Value Fund - Class II (NVMMV2)
2,203,646 shares (cost $22,425,861)	23,468,827
NVIT Multi-Manager Small Cap Growth Fund - Class I (SCGF)
84,107 shares (cost $1,614,943)	1,310,390
NVIT Multi-Manager Small Cap Value Fund - Class I (SCVF)
347,881 shares (cost $4,812,427)	5,176,464
NVIT Multi-Manager Small Company Fund - Class I (SCF)
770,232 shares (cost $13,832,491)	16,536,882
NVIT Multi-Sector Bond Fund - Class I (MSBF)
138,714 shares (cost $1,292,553)	1,266,455
NVIT Short Term Bond Fund - Class II (NVSTB2)
51,837 shares (cost $538,486)	530,814
NVIT Large Cap Growth Fund - Class I (NVOLG1)
3,677,928 shares (cost $63,511,457)	58,515,832
Templeton NVIT International Value Fund - Class III (NVTIV3)
16,975 shares (cost $219,782)	180,270
Invesco NVIT Comstock Value Fund - Class I (EIF)
41,207 shares (cost $628,421)	724,013
NVIT Real Estate Fund - Class I (NVRE1)
1,343,589 shares (cost $10,728,661)	8,464,611
Loring Ward NVIT Capital Appreciation Fund - Class P (NVLCAP)
9,126 shares (cost $98,793)	102,672
Loring Ward NVIT Moderate Fund - Class P (NVLMP)
942 shares (cost $10,949)	10,846
NVIT Small Cap Index Fund Class II (NVSIX2)
13,701 shares (cost $168,619)	170,578
NVIT S&P 500 Index Fund Class I (GVEX1)
187,101 shares (cost $2,699,596)	2,815,875
Short Duration Bond Portfolio - I Class Shares (AMTB)
168,942 shares (cost $1,811,176)	1,777,275
Guardian Portfolio - I Class Shares (AMGP)
5,721 shares (cost $107,329)	83,874
International Portfolio - S Class Shares (AMINS)
1,759 shares (cost $18,685)	19,035
Mid-Cap Growth Portfolio - I Class Shares (AMCG)
67,704 shares (cost $1,597,066)	1,530,788

Mid-Cap Growth Portfolio - S Class Shares (AMMCGS)
6,698 shares (cost $148,263)	141,462
Advisers Management Trust: Large Cap Value Portfolio - Class I (AMTP)
187,602 shares (cost $2,025,289)	2,859,059
Advisers Management Trust: Mid Cap Intrinsic Value Portfolio - Class S (AMRS)
1,095 shares (cost $16,086)	21,017
Socially Responsive Portfolio - I Class Shares (AMSRS)
31,166 shares (cost $579,119)	703,407
TOPS Managed Risk Balanced ETF Portfolio - Class 3 (NOTB3)
914 shares (cost $10,043)	10,279
TOPS Managed Risk Growth ETF Portfolio - Class 3 (NOTG3)
188 shares (cost $2,028)	2,040
VPS Growth and Income Portfolio - Class A (ALVGIA)
11,434 shares (cost $320,347)	356,852
VPS Small/Mid Cap Value Portfolio - Class A (ALVSVA)
59,115 shares (cost $1,187,507)	1,199,440
VP Balanced Fund - Class I (ACVB)
738,363 shares (cost $5,366,325)	5,146,389
VP Capital Appreciation Fund - Class I (ACVCA)
103,632 shares (cost $1,446,591)	1,448,781
VP Income & Growth Fund - Class I (ACVIG)
220,404 shares (cost $1,973,918)	2,054,165
VP Inflation Protection Fund - Class II (ACVIP2)
98,298 shares (cost $1,102,496)	993,796
VP International Fund - Class I (ACVI)
48,697 shares (cost $439,101)	456,293
VP Mid Cap Value Fund - Class I (ACVMV1)
134,730 shares (cost $2,550,867)	2,844,158
VP Ultra(R) Fund - Class I (ACVU1)
1,104 shares (cost $16,698)	17,060
Small Cap Stock Index Portfolio - Service Shares (DVSCS)
144,352 shares (cost $2,481,282)	2,725,359
Appreciation Portfolio - Initial Shares (DCAP)
92,730 shares (cost $3,858,378)	3,802,847
Opportunistic Small Cap Portfolio: Initial Shares (DSC)
7,077 shares (cost $320,139)	349,912
Growth and Income Portfolio - Initial Shares (DGI)
49,568 shares (cost $1,186,369)	1,428,062
Managed Tail Risk Fund II: Primary Shares (FVCA2P)
30,178 shares (cost $185,475)	145,155
Quality Bond Fund II - Primary Shares (FQB)
102,400 shares (cost $1,153,881)	1,124,347
Equity-Income Portfolio - Initial Class (FEIP)
1,788,635 shares (cost $38,333,752)	39,296,315
High Income Portfolio - Initial Class (FHIP)
1,695,265 shares (cost $9,527,300)	9,120,525
VIP Asset Manager Portfolio - Initial Class (FAMP)
673,960 shares (cost $9,925,914)	10,298,102
VIP Energy Portfolio - Service Class 2 (FNRS2)
85,165 shares (cost $1,887,740)	1,756,107
VIP Freedom Fund 2010 Portfolio - Service Class (FF10S)
32,311 shares (cost $378,166)	397,103
VIP Freedom Fund 2020 Portfolio - Service Class (FF20S)
109,941 shares (cost $1,219,718)	1,377,560
VIP Freedom Fund 2030 Portfolio - Service Class (FF30S)
90,211 shares (cost $996,768)	1,148,381
VIP Growth Portfolio - Initial Class (FGP)
927,363 shares (cost $34,148,709)	55,001,918

VIP Investment Grade Bond Portfolio - Service Class (FIGBS)
168,657 shares (cost $2,167,979)	2,108,209
VIP Mid Cap Portfolio - Service Class (FMCS)
197,258 shares (cost $6,334,708)	6,647,588
VIP Overseas Portfolio - Initial Class (FOP)
247,302 shares (cost $4,658,798)	4,404,447
VIP Overseas Portfolio - Service Class (FOS)
187,049 shares (cost $3,744,211)	3,318,241
VIP Value Strategies Portfolio - Service Class (FVSS)
52,033 shares (cost $754,958)	818,993
Goldman Sachs Global Markets Navigator Fund - Service Shares (GVGMNS)
889 shares (cost $10,240)	10,060
Capital Income Fund/VA - Non-Service Shares (OVMS)
359,856 shares (cost $5,180,199)	5,347,468
Core Bond Fund/VA - Non-Service Shares (OVB)
426,326 shares (cost $3,114,693)	3,269,922
Global Securities Fund/VA - Non-Service Shares (OVGS)
542,236 shares (cost $19,282,153)	18,989,104
International Growth Fund/VA - Non-Service Shares (OVIG)
29,816 shares (cost $63,601)	62,018
Main Street Fund(R)/VA - Non-Service Shares (OVGI)
55,635 shares (cost $1,603,277)	1,580,595
Main Street Small- & Mid-Cap Fund(R)/VA - Non-Service Shares (OVSC)
63,240 shares (cost $1,378,137)	1,522,814
Discovery Mid Cap Growth Fund/VA - Non-Service Shares (OVAG)
13,556 shares (cost $960,475)	984,851
Global Strategic Income Fund/VA: Non-service Shares (OVSB)
38,915 shares (cost $203,799)	192,239
All Asset Portfolio - Administrative Class (PMVAAA)
42,047 shares (cost $430,278)	420,892
CommodityRealReturn(R) Strategy Portfolio - Administrative Class (PMVRSA)
1,742 shares (cost $14,822)	13,711
Foreign Bond Portfolio (Unhedged) - Administrative Class (PMVFBA)
23,751 shares (cost $255,684)	232,287
Low Duration Portfolio - Administrative Class (PMVLDA)
140,460 shares (cost $1,482,888)	1,438,310
Total Return Portfolio - Administrative Class (PMVTRA)
72,109 shares (cost $799,745)	767,242
VT Growth & Income Fund: Class IB (PVGIB)
3,590 shares (cost $88,942)	93,302
VT Growth Opportunities Fund: Class IB (PVGOB)
43,964 shares (cost $337,384)	339,838
VT International Equity Fund: Class IB (PVTIGB)
14,788 shares (cost $194,467)	182,335
VI American Franchise Fund - Series I Shares (ACEG)
1,520 shares (cost $78,902)	81,460
VI Value Opportunities Fund - Series I Shares (AVBVI)
635 shares (cost $4,379)	4,117
VI Mid Cap Core Equity Fund: Series I Shares (AVMCCI)
69 shares (cost $947)	884
Variable Fund - Multi-Hedge Strategies (RVARS)
1,761 shares (cost $42,066)	42,173
Health Sciences Portfolio - II (TRHS2)
134,008 shares (cost $5,020,244)	4,473,181
Limited-Term Bond Portfolio - II (TRLT2)
12,980 shares (cost $62,724)	62,566
VIP Trust - Unconstrained Emerging Markets Bond Fund - Initial Class (VWBF)
128,444 shares (cost $1,322,102)	1,042,965

VIP Trust Emerging Markets Fund - Initial Class (VWEM)
352,137 shares (cost $4,450,167)		3,662,224
VIP Trust Global Hard Assets Fund - Initial Class (VWHA)
180,214 shares (cost $5,010,895)		4,350,376
Variable Insurance Portfolios - Asset Strategy (WRASP)
220,865 shares (cost $2,320,976)		1,776,639
Variable Insurance Portfolios - High Income (WRHIP)
208,901 shares (cost $752,831)		753,696
Variable Insurance Portfolios - Mid Cap Growth (WRMCG)
36,078 shares (cost $373,093)		340,496
Wells Fargo Variable Trust - VT Discovery Fund: Class 2 (SVDF)
26,550 shares (cost $782,825)		687,898
Advantage VT Opportunity Fund - Class 2 (SVOF)
56,483 shares (cost $1,028,587)		1,393,434
Advantage VT Small Cap Growth Fund - Class 2 (WFVSCG)
40,175 shares (cost $385,212)		334,660
Total Investments	$	586,836,739

Other Accounts Receivable		13,689
Accounts Receivable - VP Capital Appreciation Fund - Class I (ACVCA)		10,647
Accounts Receivable - VP International Fund - Class I (ACVI)		14,904
Accounts Receivable - Guardian Portfolio - I Class Shares (AMGP)		42
Accounts Receivable - Short Duration Bond Portfolio - I Class Shares (AMTB)		1,981
Accounts Receivable - Advisers Management Trust: Large Cap Value Portfolio - Class I (AMTP)		3,105
Accounts Receivable - VI Value Opportunities Fund - Series I Shares (AVBVI)		12
Accounts Receivable - Stock Index Fund, Inc. - Initial Shares (DSIF)		15,164
Accounts Receivable - VIP Asset Manager Portfolio - Initial Class (FAMP)		4,709
Accounts Receivable - Equity-Income Portfolio - Initial Class (FEIP)		30,069
Accounts Receivable - VIP Growth Portfolio - Initial Class (FGP)		19,539
Accounts Receivable - High Income Portfolio - Initial Class (FHIP)		5,855
Accounts Receivable - VIP Overseas Portfolio - Initial Class (FOP)		3,227
Accounts Receivable - NVIT Government Bond Fund - Class I (GBF)		3,034
Accounts Receivable - U.S. Real Estate Portfolio - Class I (MSVRE)		619
Accounts Receivable - Core Bond Fund/VA - Non-Service Shares (OVB)		4,813
Accounts Receivable - Global Securities Fund/VA - Non-Service Shares (OVGS)		27,040
Accounts Receivable - Capital Income Fund/VA - Non-Service Shares (OVMS)		4,443
Accounts Receivable - NVIT Multi-Manager Small Company Fund - Class I (SCF)		53,990
Accounts Receivable - Advantage VT Opportunity Fund - Class 2 (SVOF)		13,600
Accounts Receivable - VIP Trust Global Hard Assets Fund - Initial Class (VWHA)		11,784
Accounts Receivable - TOPS Managed Risk Balanced ETF Portfolio - Class 3 (NOTB3)		4
Accounts Payable - VP Ultra(R) Fund - Class I (ACVU1)		(13	)
Accounts Payable - VPS Dynamic Asset Allocation Portfolio - Class A (ALVDAA)		(2	)
Accounts Payable - International Portfolio - S Class Shares (AMINS)		(7	)
Accounts Payable - Advisers Management Trust: Mid Cap Intrinsic Value Portfolio - Class S (AMRS)		(7	)
Accounts Payable - VI Mid Cap Core Equity Fund: Series I Shares (AVMCCI)		(6	)
Accounts Payable - TOPS Managed Risk Growth ETF Portfolio - Class 3 (NOTG3)		(7	)
Accounts Payable - NVIT Money Market Fund - Class I (SAM)		(89,729	)
Accounts Payable - Wells Fargo Variable Trust - VT Discovery Fund: Class 2 (SVDF)		(1,014	)
	$	586,988,224
Contract Owners’ Equity:
Accumulation units		586,988,224
Total Contract Owners’ Equity (note 8)	$	586,988,224

See accompanying notes to financial statements.

NATIONWIDE VLI SEPARATE ACCOUNT-2

STATEMENT OF OPERATIONS

Year Ended December 31, 2016

Investment Activity:	Total			ALVDAA			MLVGA2			DWVSVS			DFVIPS			DSIF			DSRG			DSGIBA
Reinvested dividends	$	7,313,944			2			32,781			1,717			276			859,788			84,997			-
Asset charges (note 3)		(3,023,741	)		(3	)		(13,345	)		(1,714	)		(9	)		(206,160	)		(36,918	)		(28	)
Net investment income (loss)		4,290,203			(1	)		19,436			3			267			653,628			48,079			(28	)
Realized gain (loss) on investments		9,715,888			(20	)		(38,407	)		(12,766	)		1			1,311,757			217,417			4
Change in unrealized gain (loss) on investments		(14,944,346	)		20			106,481			96,787			(310	)		1,039,309			(304,416	)		339
Net gain (loss) on investments		(5,228,458	)		-			68,074			84,021			(309	)		2,351,066			(86,999	)		343
Reinvested capital gains		43,953,392			-			-			21,374			14			1,500,342			645,799			-
Net increase (decrease) in contract owners’ equity resulting from operations	$	43,015,137			(1	)		87,510			105,398			(28	)		4,505,036			606,879			315
Investment Activity:	FTVIS2			FTVRDI			FTVSVI			FTVDM2			TIF			TIF2			FTVGI2			FTVFA2
Reinvested dividends	$	77,706			58,396			25,337			5,894			1,530			19,526			-			9,800
Asset charges (note 3)		(7,404	)		(18,936	)		(11,726	)		(3,420	)		(328	)		(4,543	)		(9,453	)		(1,209	)
Net investment income (loss)		70,302			39,460			13,611			2,474			1,202			14,983			(9,453	)		8,591
Realized gain (loss) on investments		(19,945	)		280,808			71,536			(85,353	)		(4,056	)		(102,293	)		(40,303	)		(2,520	)
Change in unrealized gain (loss) on investments		150,509			(160,366	)		204,530			192,450			4,796			130,470			94,938			16,660
Net gain (loss) on investments		130,564			120,442			276,066			107,097			740			28,177			54,635			14,140
Reinvested capital gains		-			424,503			350,928			-			1,199			17,489			1,730			8,296
Net increase (decrease) in contract owners’ equity resulting from operations	$	200,866			584,405			640,605			109,571			3,141			60,649			46,912			31,027

Investment Activity:	IVKMG1			IVBRA1			JABS			JACAS			JAGTS			JAIGS			LOVTRC			MV2IGI
Reinvested dividends	$	-			627			24,579			35,239			1,584			115,124			29,725			1,066
Asset charges (note 3)		(1,188	)		(794	)		(6,468	)		(20,672	)		(7,759	)		(11,869	)		(3,072	)		(991	)
Net investment income (loss)		(1,188	)		(167	)		18,111			14,567			(6,175	)		103,255			26,653			75
Realized gain (loss) on investments		20,607			(4,398	)		61,833			(431,134	)		(95,576	)		(288,065	)		50			(3,795	)
Change in unrealized gain (loss) on investments		(43,795	)		17,011			(33,842	)		(83,874	)		225,346			(82,350	)		(43,060	)		(6,610	)
Net gain (loss) on investments		(23,188	)		12,613			27,991			(515,008	)		129,770			(370,415	)		(43,010	)		(10,405	)
Reinvested capital gains		23,455			-			17,160			524,280			61,176			65,099			4,310			20,566
Net increase (decrease) in contract owners’ equity resulting from operations	$	(921	)		12,446			63,262			23,839			184,771			(202,061	)		(12,047	)		10,236
Investment Activity:	MNDIC			MVFIC			MSVFI			MSEM			MSVRE			IDPG			NVBX			NVIX
Reinvested dividends	$	-			63,823			5,974			42,823			16,808			-			6,396			2,550
Asset charges (note 3)		(636	)		(13,222	)		(1,342	)		(4,383	)		(8,443	)		(15	)		(1,023	)		(463	)
Net investment income (loss)		(636	)		50,601			4,632			38,440			8,365			(15	)		5,373			2,087
Realized gain (loss) on investments		(15,966	)		258,679			279			(58,939	)		51,769			(9,064	)		1,416			(2,743	)
Change in unrealized gain (loss) on investments		19,016			(201,317	)		10,500			97,023			13,629			6,310			(10,229	)		687
Net gain (loss) on investments		3,050			57,362			10,779			38,084			65,398			(2,754	)		(8,813	)		(2,056	)
Reinvested capital gains		4,751			246,524			-			-			-			-			602			-
Net increase (decrease) in contract owners’ equity resulting from operations	$	7,165			354,487			15,411			76,524			73,763			(2,769	)		(2,838	)		31

Investment Activity:	NVAMV1			GVAAA2			GVABD2			GVAGG2			GVAGR2			GVAGI2			HIBF			GEM
Reinvested dividends	$	163,038			49,543			13,037			22,747			4,034			7,381			56,274			16,341
Asset charges (note 3)		(35,319	)		(13,391	)		(2,863	)		(7,606	)		(8,807	)		(3,445	)		(4,109	)		(11,005	)
Net investment income (loss)		127,719			36,152			10,174			15,141			(4,773	)		3,936			52,165			5,336
Realized gain (loss) on investments		105,322			157,124			24,472			56,785			50,018			56,765			(10,038	)		(92,053	)
Change in unrealized gain (loss) on investments		350,083			(133,508	)		(21,996	)		(224,735	)		(276,185	)		(82,035	)		88,637			225,460
Net gain (loss) on investments		455,405			23,616			2,476			(167,950	)		(226,167	)		(25,270	)		78,599			133,407
Reinvested capital gains		676,631			156,918			1,800			145,233			376,341			87,803			-			-
Net increase (decrease) in contract owners’ equity resulting from operations	$	1,259,755			216,686			14,450			(7,576	)		145,401			66,469			130,764			138,743
Investment Activity:	GIG			NVNMO1			NVNSR1			NVCRA1			NVCRB1			NVCCA1			NVCCN1			NVCMD1
Reinvested dividends	$	73,724			101,745			850			6,025			10,777			17,149			1,632			28,121
Asset charges (note 3)		(16,608	)		(65,772	)		(575	)		(1,429	)		(2,499	)		(3,372	)		(319	)		(5,238	)
Net investment income (loss)		57,116			35,973			275			4,596			8,278			13,777			1,313			22,883
Realized gain (loss) on investments		(101,575	)		236,776			(655	)		(3,776	)		(18,026	)		1,704			(1,668	)		43,499
Change in unrealized gain (loss) on investments		46,555			674,201			(301	)		(7,808	)		23,614			(21,298	)		1,163			(75,066	)
Net gain (loss) on investments		(55,020	)		910,977			(956	)		(11,584	)		5,588			(19,594	)		(505	)		(31,567	)
Reinvested capital gains		-			628,061			10,609			20,362			18,715			47,106			1,742			67,871
Net increase (decrease) in contract owners’ equity resulting from operations	$	2,096			1,575,011			9,928			13,374			32,581			41,289			2,550			59,187

Investment Activity:	NVCMA1			NVCMC1			NVCBD1			NVLCP1			TRF			GBF			GVIX2			GVIDA
Reinvested dividends	$	19,363			3,705			16,914			3,871			666,154			112,047			9,191			67,667
Asset charges (note 3)		(3,889	)		(567	)		(3,564	)		(677	)		(274,201	)		(29,987	)		(1,328	)		(10,709	)
Net investment income (loss)		15,474			3,138			13,350			3,194			391,953			82,060			7,863			56,958
Realized gain (loss) on investments		(1,471	)		(1,157	)		56			(427	)		1,012,006			(95,739	)		(4,781	)		56,198
Change in unrealized gain (loss) on investments		(24,587	)		172			7,271			698			3,385,937			32,887			(1,515	)		(51,431	)
Net gain (loss) on investments		(26,058	)		(985	)		7,327			271			4,397,943			(62,852	)		(6,296	)		4,767
Reinvested capital gains		59,747			5,432			970			501			-			-			-			308,420
Net increase (decrease) in contract owners’ equity resulting from operations	$	49,163			7,585			21,647			3,966			4,789,896			19,208			1,567			370,145
Investment Activity:	NVDBL2			NVDCA2			GVIDC			GVIDM			GVDMA			GVDMC			MCIF			SAM
Reinvested dividends	$	8,879			1,664			8,187			64,380			88,572			21,061			71,559			894
Asset charges (note 3)		(982	)		(546	)		(3,520	)		(14,898	)		(24,716	)		(14,237	)		(29,610	)		(80,278	)
Net investment income (loss)		7,897			1,118			4,667			49,482			63,856			6,824			41,949			(79,384	)
Realized gain (loss) on investments		1,533			(1,339	)		(12,311	)		84,924			44,999			378,140			258,910			-
Change in unrealized gain (loss) on investments		7,066			2,898			14,460			(98,566	)		(99,328	)		(259,424	)		145,907			-
Net gain (loss) on investments		8,599			1,559			2,149			(13,642	)		(54,329	)		118,716			404,817			-
Reinvested capital gains		10,770			3,614			11,092			183,151			366,207			39,941			537,979			301
Net increase (decrease) in contract owners’ equity resulting from operations	$	27,266			6,291			17,908			218,991			375,734			165,481			984,745			(79,083	)

Investment Activity:	NVMIG1			GVDIVI			NVMLG1			NVMLV1			NVMMG1			NVMMV2			SCGF			SCVF
Reinvested dividends	$	55,195			12,703			13,136			23,802			-			306,913			-			29,507
Asset charges (note 3)		(20,974	)		(2,156	)		(7,789	)		(5,935	)		(141,509	)		(118,862	)		(5,886	)		(21,383	)
Net investment income (loss)		34,221			10,547			5,347			17,867			(141,509	)		188,051			(5,886	)		8,124
Realized gain (loss) on investments		(118,119	)		(45,827	)		(92,789	)		(12,585	)		780,424			489,089			(36,409	)		322,531
Change in unrealized gain (loss) on investments		(101,704	)		44,918			(99,997	)		58,145			(2,169,996	)		821,206			(165,768	)		274,282
Net gain (loss) on investments		(219,823	)		(909	)		(192,786	)		45,560			(1,389,572	)		1,310,295			(202,177	)		596,813
Reinvested capital gains		83,750			-			224,584			134,170			3,024,989			1,943,026			284,573			451,972
Net increase (decrease) in contract owners’ equity resulting from operations	$	(101,852	)		9,638			37,145			197,597			1,493,908			3,441,372			76,510			1,056,909
Investment Activity:	SCF			MSBF			NVSTB2			NVOLG1			NVTIV3			EIF			NVRE1			NVLCAP
Reinvested dividends	$	48,281			38,507			8,887			432,819			3,664			19,280			172,943			1,597
Asset charges (note 3)		(74,648	)		(6,242	)		(2,819	)		(278,578	)		(964	)		(3,761	)		(46,377	)		(251	)
Net investment income (loss)		(26,367	)		32,265			6,068			154,241			2,700			15,519			126,566			1,346
Realized gain (loss) on investments		(71,013	)		(4,158	)		(273	)		1,283,442			(3,670	)		61,098			(620,000	)		(68	)
Change in unrealized gain (loss) on investments		880,099			50,673			4,938			(12,935,124	)		(1,024	)		35,241			326,971			4,027
Net gain (loss) on investments		809,086			46,515			4,665			(11,651,682	)		(4,694	)		96,339			(293,029	)		3,959
Reinvested capital gains		2,262,815			-			-			13,217,313			2,481			-			698,150			868
Net increase (decrease) in contract owners’ equity resulting from operations	$	3,045,534			78,780			10,733			1,719,872			487			111,858			531,687			6,173

Investment Activity:	NVLMP			NVSIX2			GVEX1			AMTB			AMGP			AMINS			AMCG			AMMCGS
Reinvested dividends	$	150			1,617			50,553			20,815			444			122			-			-
Asset charges (note 3)		(50	)		(637	)		(12,339	)		(11,063	)		(597	)		-			(7,684	)		(851	)
Net investment income (loss)		100			980			38,214			9,752			(153	)		122			(7,684	)		(851	)
Realized gain (loss) on investments		(19	)		(9,436	)		52,844			(43,650	)		(17,512	)		113			(19,607	)		(5,212	)
Change in unrealized gain (loss) on investments		619			16,720			124,452			54,180			12,449			(727	)		8,662			1,988
Net gain (loss) on investments		600			7,284			177,296			10,530			(5,063	)		(614	)		(10,945	)		(3,224	)
Reinvested capital gains		133			14,763			43,578			-			15,270			103			73,998			7,129
Net increase (decrease) in contract owners’ equity resulting from operations	$	833			23,027			259,088			20,282			10,054			(389	)		55,369			3,054
Investment Activity:	AMTP			AMRS			AMSRS			NOTB3			NOTG3			ALVGIA			ALVSVA			ACVB
Reinvested dividends	$	19,769			49			4,788			133			32			3,498			7,227			80,569
Asset charges (note 3)		(4,569	)		-			(3,436	)		(39	)		(15	)		(1,670	)		(5,272	)		(33,836	)
Net investment income (loss)		15,200			49			1,352			94			17			1,828			1,955			46,733
Realized gain (loss) on investments		218,816			988			18,135			5			(2	)		13,324			615			158,954
Change in unrealized gain (loss) on investments		171,467			673			16,701			236			78			(421	)		176,588			(123,300	)
Net gain (loss) on investments		390,283			1,661			34,836			241			76			12,903			177,203			35,654
Reinvested capital gains		216,712			1,341			24,585			-			-			20,897			67,900			227,928
Net increase (decrease) in contract owners’ equity resulting from operations	$	622,195			3,051			60,773			335			93			35,628			247,058			310,315

Investment Activity:	ACVCA			ACVIG			ACVIP2			ACVI			ACVMV1			ACVU1			DVSCS			DCAP
Reinvested dividends	$	-			46,732			19,430			5,015			39,758			539			18,081			65,825
Asset charges (note 3)		(10,988	)		(11,842	)		(4,224	)		(1,465	)		(11,744	)		(439	)		(10,595	)		(19,350	)
Net investment income (loss)		(10,988	)		34,890			15,206			3,550			28,014			100			7,486			46,475
Realized gain (loss) on investments		103,412			15,239			(29,044	)		30,785			98,944			(7,850	)		22,063			107,490
Change in unrealized gain (loss) on investments		(206,193	)		153,290			48,653			(65,137	)		235,780			2,571			301,555			(467,360	)
Net gain (loss) on investments		(102,781	)		168,529			19,609			(34,352	)		334,724			(5,279	)		323,618			(359,870	)
Reinvested capital gains		146,934			36,164			8,103			-			99,147			6,385			171,403			602,452
Net increase (decrease) in contract owners’ equity resulting from operations	$	33,165			239,583			42,918			(30,802	)		461,885			1,206			502,507			289,057
Investment Activity:	DSC			DGI			FVCA2P			FQB			FEIP			FHIP			FAMP			FNRS2
Reinvested dividends	$	-			17,002			2,536			43,553			847,821			471,707			152,612			7,470
Asset charges (note 3)		(1,739	)		(6,854	)		(384	)		(6,867	)		(201,121	)		(47,287	)		(61,578	)		(7,936	)
Net investment income (loss)		(1,739	)		10,148			2,152			36,686			646,700			424,420			91,034			(466	)
Realized gain (loss) on investments		(773	)		28,423			(1,144	)		(3,425	)		(1,056,591	)		(138,727	)		(70,457	)		(170,914	)
Change in unrealized gain (loss) on investments		16,362			(79,024	)		(7,704	)		5,748			3,998,665			868,142			(245,909	)		597,170
Net gain (loss) on investments		15,589			(50,601	)		(8,848	)		2,323			2,942,074			729,415			(316,366	)		426,256
Reinvested capital gains		34,200			166,634			-			-			2,389,164			-			471,667			-
Net increase (decrease) in contract owners’ equity resulting from operations	$	48,050			126,181			(6,696	)		39,009			5,977,938			1,153,835			246,335			425,790

Investment Activity:	FF10S			FF20S			FF30S			FGP			FIGBS			FMCS			FOP			FOS
Reinvested dividends	$	5,603			19,700			15,385			21,332			49,562			26,919			65,764			46,620
Asset charges (note 3)		(2,091	)		(6,674	)		(6,241	)		(310,567	)		(9,707	)		(32,041	)		(24,077	)		(18,941	)
Net investment income (loss)		3,512			13,026			9,144			(289,235	)		39,855			(5,122	)		41,687			27,679
Realized gain (loss) on investments		5,817			12,746			25,485			1,839,995			(6,431	)		159,366			(149,218	)		(86,373	)
Change in unrealized gain (loss) on investments		(115	)		5,039			(12,278	)		(7,089,419	)		49,125			130,290			(189,916	)		(168,309	)
Net gain (loss) on investments		5,702			17,785			13,207			(5,249,424	)		42,694			289,656			(339,134	)		(254,682	)
Reinvested capital gains		8,966			37,699			43,426			5,515,731			1,010			413,066			7,794			5,897
Net increase (decrease) in contract owners’ equity resulting from operations	$	18,180			68,510			65,777			(22,928	)		83,559			697,600			(289,653	)		(221,106	)
Investment Activity:	FVSS			GVGMNS			OVMS			OVB			OVGS			OVIG			OVGI			OVSC
Reinvested dividends	$	8,152			28			130,158			128,064			206,963			176			13,904			7,412
Asset charges (note 3)		(3,893	)		(80	)		(29,858	)		(18,217	)		(99,623	)		(139	)		(5,727	)		(6,289	)
Net investment income (loss)		4,259			(52	)		100,300			109,847			107,340			37			8,177			1,123
Realized gain (loss) on investments		54,072			(82	)		(59,635	)		50,033			20,736			(5,507	)		43,681			(198,671	)
Change in unrealized gain (loss) on investments		14,910			482			210,114			(62,083	)		(1,700,361	)		(637	)		(56,841	)		327,670
Net gain (loss) on investments		68,982			400			150,479			(12,050	)		(1,679,625	)		(6,144	)		(13,160	)		128,999
Reinvested capital gains		-			-			-			-			1,311,856			375			147,789			54,952
Net increase (decrease) in contract owners’ equity resulting from operations	$	73,241			348			250,779			97,797			(260,429	)		(5,732	)		142,806			185,074

Investment Activity:	OVAG			OVSB			PMVAAA			PMVRSA			PMVFBA			PMVLDA			PMVTRA			PVGIB
Reinvested dividends	$	-			9,510			9,616			96			3,189			23,144			20,657			1,555
Asset charges (note 3)		(6,481	)		(915	)		(1,674	)		(41	)		(1,354	)		(6,195	)		(5,031	)		(474	)
Net investment income (loss)		(6,481	)		8,595			7,942			55			1,835			16,949			15,626			1,081
Realized gain (loss) on investments		100,478			(6,046	)		(8,641	)		(501	)		(17,724	)		(6,325	)		(13,685	)		(1,136	)
Change in unrealized gain (loss) on investments		(160,622	)		8,036			35,193			1,461			27,213			4,789			24,671			9,023
Net gain (loss) on investments		(60,144	)		1,990			26,552			960			9,489			(1,536	)		10,986			7,887
Reinvested capital gains		83,350			-			-			-			-			-			-			2,745
Net increase (decrease) in contract owners’ equity resulting from operations	$	16,725			10,585			34,494			1,015			11,324			15,413			26,612			11,713
Investment Activity:	PVGOB			PVTIGB			PVTVB			ACEG			AVBVI			AVMCCI			RVARS			TRHS2
Reinvested dividends	$	-			6,408			4,301			-			15			1			48			-
Asset charges (note 3)		(211	)		(932	)		(1,695	)		(135	)		-			(4	)		(228	)		(25,693	)
Net investment income (loss)		(211	)		5,476			2,606			(135	)		15			(3	)		(180	)		(25,693	)
Realized gain (loss) on investments		94			(20,265	)		(60,618	)		573			72			(10	)		(75	)		102,736
Change in unrealized gain (loss) on investments		2,455			3,073			35,794			(4,892	)		(533	)		61			(107	)		(800,925	)
Net gain (loss) on investments		2,549			(17,192	)		(24,824	)		(4,319	)		(461	)		51			(182	)		(698,189	)
Reinvested capital gains		-			-			15,335			7,205			1,133			56			-			34,740
Net increase (decrease) in contract owners’ equity resulting from operations	$	2,338			(11,716	)		(6,883	)		2,751			687			104			(362	)		(689,142	)

Investment Activity:	TRLT2			VWBF			VWEM			VWHA			WRASP			WRHIP			WRMCG			SVDF
Reinvested dividends	$	775			-			18,224			14,781			11,175			44,687			-			-
Asset charges (note 3)		-			(7,230	)		(19,297	)		(21,034	)		(9,626	)		(3,653	)		(1,456	)		(4,949	)
Net investment income (loss)		775			(7,230	)		(1,073	)		(6,253	)		1,549			41,034			(1,456	)		(4,949	)
Realized gain (loss) on investments		(926	)		(48,685	)		(207,266	)		(741,739	)		(89,465	)		(18,017	)		(9,894	)		(3,951	)
Change in unrealized gain (loss) on investments		769			114,888			165,235			2,073,851			26,429			76,337			9,310			(1,619	)
Net gain (loss) on investments		(157	)		66,203			(42,031	)		1,332,112			(63,036	)		58,320			(584	)		(5,570	)
Reinvested capital gains		-			-			19,742			-			-			-			14,594			48,360
Net increase (decrease) in contract owners’ equity resulting from operations	$	618			58,973			(23,362	)		1,325,859			(61,487	)		99,354			12,554			37,841
Investment Activity:	SVOF			WFVSCG			CAF
Reinvested dividends	$	28,051			-			16,294
Asset charges (note 3)		(8,574	)		(1,696	)		(22,791	)
Net investment income (loss)		19,477			(1,696	)		(6,497	)
Realized gain (loss) on investments		73,610			(39,311	)		4,514,103
Change in unrealized gain (loss) on investments		(83,504	)		23,152			(5,721,284	)
Net gain (loss) on investments		(9,894	)		(16,159	)		(1,207,181	)
Reinvested capital gains		139,265			30,618			1,125,493
Net increase (decrease) in contract owners’ equity resulting from operations	$	148,848			12,763			(88,185	)

See accompanying notes to financial statements.

NATIONWIDE VLI SEPARATE ACCOUNT-2

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY

Years Ended December 31, 2016 and 2015

	Total						ALVDAA						MLVGA2						DWVSVS
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	4,290,203			4,927,903			(1	)		(1	)		19,436			17,365			3			(226	)
Realized gain (loss) on investments		9,715,888			17,669,057			(20	)		(14	)		(38,407	)		1,371			(12,766	)		(3,425	)
Change in unrealized gain (loss) on investments		(14,944,346	)		(67,695,508	)		20			(3	)		106,481			(225,620	)		96,787			(30,718	)
Reinvested capital gains		43,953,392			42,758,276			-			11			-			174,038			21,374			21,809
Net increase (decrease) in contract owners’ equity resulting from operations		43,015,137			(2,340,272	)		(1	)		(7	)		87,510			(32,846	)		105,398			(12,560	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		24,591,965			22,837,353			-			-			155,645			125,726			10,001			540
Transfers between funds		-			-			-			-			(300,587	)		305,022			162,204			(183,714	)
Surrenders (note 6)		(48,315,063	)		(44,816,562	)		-			-			(175,942	)		(114,541	)		(418	)		-
Death benefits (note 4)		(6,826,710	)		(10,869,510	)		-			-			(11,256	)		(13,246	)		-			(8,851	)
Net policy repayments (loans) (note 5)		5,633,238			8,992,250			(87	)		(28	)		41,463			7,516			(4,051	)		(5,364	)
Deductions for surrender charges (note 2d)		(1,660	)		(2,199	)		-			-			-			-			-			-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(31,307,723	)		(32,425,481	)		(246	)		(367	)		(158,073	)		(154,332	)		(8,470	)		(6,348	)
Asset charges (note 3):
MSP contracts		(249,921	)		(277,280	)		-			-			(3,485	)		(3,924	)		-			-
SL contracts or LSFP contracts		(137,619	)		(146,526	)		-			-			-			-			-			-
Adjustments to maintain reserves		29,197			(7,511	)		3			(8	)		44			(4	)		-			(1	)
Net equity transactions		(56,584,296	)		(56,715,466	)		(330	)		(403	)		(452,191	)		152,217			159,266			(203,738	)
Net change in contract owners’ equity		(13,569,159	)		(59,055,738	)		(331	)		(410	)		(364,681	)		119,371			264,664			(216,298	)
Contract owners’ equity beginning of period		600,557,383			659,613,121			497			907			3,290,547			3,171,176			208,032			424,330
Contract owners’ equity end of period	$	586,988,224			600,557,383			166			497			2,925,866			3,290,547			472,696			208,032
CHANGES IN UNITS:
Beginning units		22,879,589			24,777,106			43			77			206,322			196,223			17,292			32,825
Units purchased		2,502,709			2,930,968			-			-			12,805			31,470			13,887			192
Units redeemed		(4,483,916	)		(4,828,486	)		(29	)		(34	)		(41,867	)		(21,371	)		(1,045	)		(15,725	)
Ending units		20,898,382			22,879,589			14			43			177,260			206,322			30,134			17,292

	DFVIPS					DSIF						DSRG						DSGIBA
	2016			2015		2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	267			-		653,628			601,597			48,079			35,642			(28	)		-
Realized gain (loss) on investments		1			-		1,311,757			1,693,402			217,417			363,453			4			-
Change in unrealized gain (loss) on investments		(310	)		-		1,039,309			(3,276,496	)		(304,416	)		(1,606,073	)		339			-
Reinvested capital gains		14			-		1,500,342			1,267,240			645,799			958,115			-			-
Net increase (decrease) in contract owners’ equity resulting from operations		(28	)		-		4,505,036			285,743			606,879			(248,863	)		315			-
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		-			-		1,457,787			1,485,804			326,537			350,834			203			-
Transfers between funds		23,015			-		(398,922	)		323,570			(88,806	)		(174,403	)		8,526			-
Surrenders (note 6)		-			-		(2,542,930	)		(3,421,138	)		(340,566	)		(664,757	)		-			-
Death benefits (note 4)		-			-		(468,792	)		(401,192	)		(76,937	)		(5,309	)		-			-
Net policy repayments (loans) (note 5)		(485	)		-		228,657			135,818			34,006			146,381			-			-
Deductions for surrender charges (note 2d)		-			-		(21	)		(98	)		-			(247	)		-			-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(37	)		-		(2,230,190	)		(2,263,673	)		(409,386	)		(424,139	)		(129	)		-
Asset charges (note 3):
MSP contracts		-			-		(17,054	)		(18,836	)		(2,028	)		(2,163	)		-			-
SL contracts or LSFP contracts		-			-		(18,332	)		(20,537	)		(835	)		(925	)		-			-
Adjustments to maintain reserves		(2	)		-		2,248			113			193			(13	)		2			-
Net equity transactions		22,491			-		(3,987,549	)		(4,180,169	)		(557,822	)		(774,741	)		8,602			-
Net change in contract owners’ equity		22,463			-		517,487			(3,894,426	)		49,057			(1,023,604	)		8,917			-
Contract owners’ equity beginning of period		-			-		43,486,411			47,380,837			6,674,816			7,698,420			-			-
Contract owners’ equity end of period	$	22,463			-		44,003,898			43,486,411			6,723,873			6,674,816			8,917			-
CHANGES IN UNITS:
Beginning units		-			-		896,681			986,251			164,369			182,744			-			-
Units purchased		2,310			-		44,766			55,012			10,823			12,170			873			-
Units redeemed		(52	)		-		(118,266	)		(144,582	)		(23,922	)		(30,545	)		(13	)		-
Ending units		2,258			-		823,181			896,681			151,270			164,369			860			-

	FTVIS2						FTVRDI						FTVSVI						FTVDM2
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	70,302			72,211			39,460			53,757			13,611			11,269			2,474			12,743
Realized gain (loss) on investments		(19,945	)		18,579			280,808			229,332			71,536			271,313			(85,353	)		(26,037	)
Change in unrealized gain (loss) on investments		150,509			(228,005	)		(160,366	)		(922,805	)		204,530			(883,329	)		192,450			(273,272	)
Reinvested capital gains		-			-			424,503			464,223			350,928			388,063			-			107,463
Net increase (decrease) in contract owners’ equity resulting from operations		200,866			(137,215	)		584,405			(175,493	)		640,605			(212,684	)		109,571			(179,103	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		60,415			70,920			109,218			125,962			52,480			59,790			34,128			31,401
Transfers between funds		(64,113	)		77,198			304,397			43,181			62,787			(532,250	)		(41,145	)		17,522
Surrenders (note 6)		(271,188	)		(93,975	)		(753,803	)		(329,669	)		(157,457	)		(124,855	)		(64,390	)		(41,279	)
Death benefits (note 4)		(15,184	)		-			(59,261	)		(5,827	)		(12,444	)		(14,833	)		(3,158	)		(5,854	)
Net policy repayments (loans) (note 5)		(42,002	)		(6,197	)		(187,638	)		48,238			(15,628	)		(47,781	)		(60	)		23,491
Deductions for surrender charges (note 2d)		-			-			-			-			-			-			-			-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(91,340	)		(96,619	)		(146,374	)		(143,226	)		(88,866	)		(88,083	)		(39,241	)		(39,842	)
Asset charges (note 3):
MSP contracts		(1,625	)		(1,580	)		(663	)		(971	)		(841	)		(923	)		(169	)		(174	)
SL contracts or LSFP contracts		-			-			(923	)		(976	)		(254	)		(253	)		(114	)		(137	)
Adjustments to maintain reserves		33			(8	)		63			(1	)		55			(53	)		5			(4	)
Net equity transactions		(425,004	)		(50,261	)		(734,984	)		(263,289	)		(160,168	)		(749,241	)		(114,144	)		(14,876	)
Net change in contract owners’ equity		(224,138	)		(187,476	)		(150,579	)		(438,782	)		480,437			(961,925	)		(4,573	)		(193,979	)
Contract owners’ equity beginning of period		1,650,291			1,837,767			4,256,804			4,695,586			2,275,705			3,237,630			704,647			898,626
Contract owners’ equity end of period	$	1,426,153			1,650,291			4,106,225			4,256,804			2,756,142			2,275,705			700,074			704,647
CHANGES IN UNITS:
Beginning units		108,195			111,453			163,813			173,632			71,379			93,738			93,715			95,621
Units purchased		7,762			12,455			15,466			9,878			3,509			2,929			4,982			9,274
Units redeemed		(33,659	)		(15,713	)		(42,696	)		(19,697	)		(8,332	)		(25,288	)		(19,029	)		(11,180	)
Ending units		82,298			108,195			136,583			163,813			66,556			71,379			79,668			93,715

	TIF						TIF2						FTVGI2						FTVFA2
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	1,202			3,726			14,983			32,885			(9,453	)		164,544			8,591			6,643
Realized gain (loss) on investments		(4,056	)		(4,968	)		(102,293	)		(55,100	)		(40,303	)		(27,102	)		(2,520	)		(1,017	)
Change in unrealized gain (loss) on investments		4,796			(9,997	)		130,470			(95,533	)		94,938			(256,761	)		16,660			(24,894	)
Reinvested capital gains		1,199			4,071			17,489			39,464			1,730			11,359			8,296			431
Net increase (decrease) in contract owners’ equity resulting from operations		3,141			(7,168	)		60,649			(78,284	)		46,912			(107,960	)		31,027			(18,837	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		-			-			31,515			38,602			95,433			91,248			12,115			5,066
Transfers between funds		(26,341	)		(2,493	)		31,870			(111,810	)		1,602			(79,782	)		12,622			79,370
Surrenders (note 6)		(5,013	)		(19,896	)		(76,948	)		(101,815	)		(49,104	)		(39,125	)		-			(4,361	)
Death benefits (note 4)		-			-			(315	)		-			(47,084	)		(23,457	)		-			(2,189	)
Net policy repayments (loans) (note 5)		(2,084	)		(17,265	)		(52,271	)		7,937			13,605			7,066			510			41
Deductions for surrender charges (note 2d)		-			-			-			-			-			-			-			-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(2,261	)		(2,949	)		(31,718	)		(35,683	)		(102,943	)		(102,040	)		(19,243	)		(19,705	)
Asset charges (note 3):
MSP contracts		(34	)		(37	)		(177	)		(200	)		(916	)		(1,455	)		(223	)		(232	)
SL contracts or LSFP contracts		-			-			(197	)		(190	)		(300	)		(332	)		-			-
Adjustments to maintain reserves		(23	)		4			14			(10	)		30			(7	)		8			(11	)
Net equity transactions		(35,756	)		(42,636	)		(98,227	)		(203,169	)		(89,677	)		(147,884	)		5,789			57,979
Net change in contract owners’ equity		(32,615	)		(49,804	)		(37,578	)		(281,453	)		(42,765	)		(255,844	)		36,816			39,142
Contract owners’ equity beginning of period		101,520			151,324			1,017,460			1,298,913			2,094,948			2,350,792			249,530			210,388
Contract owners’ equity end of period	$	68,905			101,520			979,882			1,017,460			2,052,183			2,094,948			286,346			249,530
CHANGES IN UNITS:
Beginning units		4,512			6,282			125,579			149,193			218,739			233,805			19,969			15,708
Units purchased		-			15			7,814			8,445			14,407			11,141			2,123			7,513
Units redeemed		(1,654	)		(1,785	)		(20,016	)		(32,059	)		(23,947	)		(26,207	)		(1,744	)		(3,252	)
Ending units		2,858			4,512			113,377			125,579			209,199			218,739			20,348			19,969

	IVKMG1						IVBRA1						JABS						JACAS
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	(1,188	)		(1,299	)		(167	)		4,458			18,111			15,768			14,567			30,413
Realized gain (loss) on investments		20,607			9,436			(4,398	)		(82	)		61,833			46,342			(431,134	)		4,089
Change in unrealized gain (loss) on investments		(43,795	)		(26,888	)		17,011			(21,292	)		(33,842	)		(103,709	)		(83,874	)		(398,612	)
Reinvested capital gains		23,455			20,625			-			10,637			17,160			39,747			524,280			810,763
Net increase (decrease) in contract owners’ equity resulting from operations		(921	)		1,874			12,446			(6,279	)		63,262			(1,852	)		23,839			446,653
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		11,629			20,388			11,187			2,587			34,824			35,545			96,184			105,879
Transfers between funds		(38,843	)		67,645			54,151			30,803			149,837			(219,453	)		(268,136	)		763,551
Surrenders (note 6)		(33,220	)		(6,088	)		(16,201	)		-			(204,358	)		(8,887	)		(395,326	)		(223,963	)
Death benefits (note 4)		(205	)		(3,839	)		-			-			-			-			(34,085	)		(72,006	)
Net policy repayments (loans) (note 5)		2,186			(488	)		(1,175	)		(963	)		3,440			(8,440	)		22,366			32,234
Deductions for surrender charges (note 2d)		-			-			-			-			-			-			-			-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(16,054	)		(16,043	)		(16,778	)		(6,725	)		(66,965	)		(63,532	)		(189,870	)		(188,815	)
Asset charges (note 3):
MSP contracts		(8	)		(62	)		-			-			(1,022	)		(1,048	)		(2,491	)		(2,023	)
SL contracts or LSFP contracts		(128	)		(140	)		-			-			(164	)		(173	)		(1,366	)		(1,323	)
Adjustments to maintain reserves		10			(5	)		1			(4	)		22			(31	)		67			15
Net equity transactions		(74,633	)		61,368			31,185			25,698			(84,386	)		(266,019	)		(772,657	)		413,549
Net change in contract owners’ equity		(75,554	)		63,242			43,631			19,419			(21,124	)		(267,871	)		(748,818	)		860,202
Contract owners’ equity beginning of period		286,131			222,889			115,139			95,720			1,352,277			1,620,148			4,619,185			3,758,983
Contract owners’ equity end of period	$	210,577			286,131			158,770			115,139			1,331,153			1,352,277			3,870,367			4,619,185
CHANGES IN UNITS:
Beginning units		19,785			15,517			11,752			9,313			53,702			64,330			253,113			229,303
Units purchased		1,162			6,161			6,137			3,233			3,318			2,334			11,006			54,899
Units redeemed		(6,427	)		(1,893	)		(3,295	)		(794	)		(6,081	)		(12,962	)		(55,516	)		(31,089	)
Ending units		14,520			19,785			14,594			11,752			50,939			53,702			208,603			253,113

	JAGTS						JAIGS						LOVTRC					MV2IGI
	2016			2015			2016			2015			2016			2015		2016			2015
Investment activity:
Net investment income (loss)	$	(6,175	)		5,495			103,255			(499	)		26,653			-		75			227
Realized gain (loss) on investments		(95,576	)		99,883			(288,065	)		(198,313	)		50			-		(3,795	)		(1,396	)
Change in unrealized gain (loss) on investments		225,346			(243,901	)		(82,350	)		(161,502	)		(43,060	)		-		(6,610	)		(15,474	)
Reinvested capital gains		61,176			232,816			65,099			91,925			4,310			-		20,566			13,094
Net increase (decrease) in contract owners’ equity resulting from operations		184,771			94,293			(202,061	)		(268,389	)		(12,047	)		-		10,236			(3,549	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		33,627			34,054			117,052			152,728			6,607			-		10,995			8,944
Transfers between funds		(28,498	)		539,429			(50,437	)		(148,062	)		1,146,673			-		3,402			226,713
Surrenders (note 6)		(100,818	)		(177,466	)		(204,549	)		(222,353	)		-			-		(33,538	)		(17,461	)
Death benefits (note 4)		-			-			(55,960	)		(45,346	)		-			-		(732	)		-
Net policy repayments (loans) (note 5)		10,169			1,318			75,978			66,707			-			-		977			(195	)
Deductions for surrender charges (note 2d)		-			-			-			-			-			-		-			-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(67,649	)		(61,292	)		(145,321	)		(167,152	)		(10,659	)		-		(16,134	)		(11,783	)
Asset charges (note 3):
MSP contracts		(317	)		(209	)		(485	)		(775	)		-			-		-			-
SL contracts or LSFP contracts		(1,414	)		(1,338	)		(742	)		(937	)		-			-		(12	)		(9	)
Adjustments to maintain reserves		24			17			17			(7	)		12			-		(5	)		-
Net equity transactions		(154,876	)		334,513			(264,447	)		(365,197	)		1,142,633			-		(35,047	)		206,209
Net change in contract owners’ equity		29,895			428,806			(466,508	)		(633,586	)		1,130,586			-		(24,811	)		202,660
Contract owners’ equity beginning of period		2,165,381			1,736,575			2,722,803			3,356,389			-			-		202,660			-
Contract owners’ equity end of period	$	2,195,276			2,165,381			2,256,295			2,722,803			1,130,586			-		177,849			202,660
CHANGES IN UNITS:
Beginning units		232,405			194,191			218,855			244,895			-			-		20,636			-
Units purchased		22,440			66,626			18,625			20,831			113,793			-		1,519			23,691
Units redeemed		(47,515	)		(28,412	)		(41,970	)		(46,871	)		(1,047	)		-		(4,992	)		(3,055	)
Ending units		207,330			232,405			195,510			218,855			112,746			-		17,163			20,636

	MNDIC						MVFIC						MSVFI						MSEM
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	(636	)		(892	)		50,601			52,219			4,632			8,398			38,440			39,392
Realized gain (loss) on investments		(15,966	)		(15,421	)		258,679			96,976			279			1,971			(58,939	)		(16,928	)
Change in unrealized gain (loss) on investments		19,016			8,614			(201,317	)		(339,217	)		10,500			(13,435	)		97,023			(33,883	)
Reinvested capital gains		4,751			4,525			246,524			163,192			-			-			-			-
Net increase (decrease) in contract owners’ equity resulting from operations		7,165			(3,174	)		354,487			(26,830	)		15,411			(3,066	)		76,524			(11,419	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		6,291			7,655			889,516			43,354			8,701			5,818			24,691			28,276
Transfers between funds		(21,574	)		2,458			342,649			41,387			42,356			(9,219	)		59,704			(24,079	)
Surrenders (note 6)		(6,745	)		-			(780,890	)		(119,127	)		-			(7,603	)		(114,893	)		(32,094	)
Death benefits (note 4)		-			(26,214	)		(59,988	)		(17,008	)		(1,681	)		(10,044	)		-			(24,444	)
Net policy repayments (loans) (note 5)		634			(277	)		(149,153	)		70,943			25			(3,213	)		6,653			(825	)
Deductions for surrender charges (note 2d)		-			-			-			-			-			-			-			-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(13,301	)		(14,334	)		(110,827	)		(80,502	)		(10,965	)		(9,574	)		(42,003	)		(39,323	)
Asset charges (note 3):
MSP contracts		-			-			(814	)		(964	)		(152	)		(152	)		(461	)		(500	)
SL contracts or LSFP contracts		-			-			(535	)		(755	)		(88	)		(37	)		(201	)		(230	)
Adjustments to maintain reserves		9			(7	)		49			11			(4	)		20			3			12
Net equity transactions		(34,686	)		(30,719	)		130,007			(62,661	)		38,192			(34,004	)		(66,507	)		(93,207	)
Net change in contract owners’ equity		(27,521	)		(33,893	)		484,494			(89,491	)		53,603			(37,070	)		10,017			(104,626	)
Contract owners’ equity beginning of period		133,187			167,080			2,615,480			2,704,971			256,761			293,831			797,388			902,014
Contract owners’ equity end of period	$	105,666			133,187			3,099,974			2,615,480			310,364			256,761			807,405			797,388
CHANGES IN UNITS:
Beginning units		10,222			12,507			87,843			89,656			17,230			19,453			26,929			29,799
Units purchased		581			1,171			16,434			5,567			3,197			902			2,617			2,131
Units redeemed		(3,325	)		(3,456	)		(12,566	)		(7,380	)		(868	)		(3,125	)		(4,670	)		(5,001	)
Ending units		7,478			10,222			91,711			87,843			19,559			17,230			24,876			26,929

	MSVRE						IDPG						NVBX						NVIX
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	8,365			8,778			(15	)		2,526			5,373			1,136			2,087			1,899
Realized gain (loss) on investments		51,769			132,570			(9,064	)		(6	)		1,416			(72	)		(2,743	)		(95	)
Change in unrealized gain (loss) on investments		13,629			(129,558	)		6,310			(6,310	)		(10,229	)		(1,796	)		687			(5,182	)
Reinvested capital gains		-			-			-			-			602			766			-			-
Net increase (decrease) in contract owners’ equity resulting from operations		73,763			11,790			(2,769	)		(3,790	)		(2,838	)		34			31			(3,378	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		16,167			31,666			-			-			13,686			852			1,318			718
Transfers between funds		30,164			(180,244	)		(150,654	)		157,870			195,330			37,640			2,815			89,284
Surrenders (note 6)		(20,315	)		(151,841	)		-			-			-			-			-			-
Death benefits (note 4)		(22,042	)		(19,611	)		-			-			-			-			-			-
Net policy repayments (loans) (note 5)		(3,341	)		(5,070	)		-			-			(1,592	)		-			-			-
Deductions for surrender charges (note 2d)		-			-			-			-			-			-			-			-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(31,729	)		(31,614	)		(237	)		(420	)		(6,508	)		(1,508	)		(2,718	)		(1,585	)
Asset charges (note 3):
MSP contracts		-			-			-			-			-			-			-			-
SL contracts or LSFP contracts		(1,717	)		(1,697	)		-			-			-			-			-			-
Adjustments to maintain reserves		57			11			-			-			12			(3	)		(3	)		(9	)
Net equity transactions		(32,756	)		(358,400	)		(150,891	)		157,450			200,928			36,981			1,412			88,408
Net change in contract owners’ equity		41,007			(346,610	)		(153,660	)		153,660			198,090			37,015			1,443			85,030
Contract owners’ equity beginning of period		1,265,754			1,612,364			153,660			-			79,833			42,818			89,175			4,145
Contract owners’ equity end of period	$	1,306,761			1,265,754			-			153,660			277,923			79,833			90,618			89,175
CHANGES IN UNITS:
Beginning units		24,812			33,626			15,862			-			7,825			4,180			9,872			452
Units purchased		1,067			450			-			15,905			20,562			7,950			428			9,587
Units redeemed		(1,470	)		(9,264	)		(15,862	)		(43	)		(1,627	)		(4,305	)		(308	)		(167	)
Ending units		24,409			24,812			-			15,862			26,760			7,825			9,992			9,872

	NVAMV1						GVAAA2						GVABD2						GVAGG2
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	127,719			134,981			36,152			27,793			10,174			5,949			15,141			2,501
Realized gain (loss) on investments		105,322			259,919			157,124			77,137			24,472			18,207			56,785			177,878
Change in unrealized gain (loss) on investments		350,083			(1,657,346	)		(133,508	)		(228,084	)		(21,996	)		(28,852	)		(224,735	)		(240,473	)
Reinvested capital gains		676,631			901,500			156,918			130,973			1,800			297			145,233			149,454
Net increase (decrease) in contract owners’ equity resulting from operations		1,259,755			(360,946	)		216,686			7,819			14,450			(4,399	)		(7,576	)		89,360
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		203,856			230,905			78,027			66,846			14,276			23,577			43,139			40,573
Transfers between funds		(126,933	)		(62,283	)		78,989			617,549			(65,722	)		(12,023	)		139,180			72,055
Surrenders (note 6)		(275,356	)		(1,100,489	)		(373,075	)		(167,462	)		(182,110	)		(73,499	)		(189,282	)		(61,651	)
Death benefits (note 4)		(1,175	)		(202,845	)		(20,911	)		-			(10,455	)		-			(13,666	)		(16,167	)
Net policy repayments (loans) (note 5)		(77,883	)		476,133			(113,101	)		(1,193	)		9,540			(5,621	)		(30,444	)		(16,590	)
Deductions for surrender charges (note 2d)		-			-			-			-			-			-			-			-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(328,786	)		(323,289	)		(100,332	)		(91,183	)		(20,757	)		(24,662	)		(61,149	)		(60,571	)
Asset charges (note 3):
MSP contracts		(3,250	)		(3,783	)		(1,690	)		(1,572	)		(46	)		(47	)		(921	)		(907	)
SL contracts or LSFP contracts		(1,972	)		(2,044	)		-			-			-			-			-			-
Adjustments to maintain reserves		105			(50	)		42			(1	)		17			(10	)		28			(13	)
Net equity transactions		(611,394	)		(987,745	)		(452,051	)		422,984			(255,257	)		(92,285	)		(113,115	)		(43,271	)
Net change in contract owners’ equity		648,361			(1,348,691	)		(235,365	)		430,803			(240,807	)		(96,684	)		(120,691	)		46,089
Contract owners’ equity beginning of period		6,774,869			8,123,560			2,903,027			2,472,224			678,526			775,210			1,626,725			1,580,636
Contract owners’ equity end of period	$	7,423,230			6,774,869			2,667,662			2,903,027			437,719			678,526			1,506,034			1,626,725
CHANGES IN UNITS:
Beginning units		298,423			340,738			183,408			156,967			54,192			61,439			92,179			94,935
Units purchased		12,291			12,469			9,886			43,657			1,428			2,099			11,845			7,667
Units redeemed		(37,780	)		(54,784	)		(37,862	)		(17,216	)		(21,366	)		(9,346	)		(18,489	)		(10,423	)
Ending units		272,934			298,423			155,432			183,408			34,254			54,192			85,535			92,179

	GVAGR2						GVAGI2						HIBF						GEM
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	(4,773	)		3,972			3,936			2,884			52,165			50,895			5,336			7,597
Realized gain (loss) on investments		50,018			71,257			56,765			127,560			(10,038	)		(17,229	)		(92,053	)		(50,967	)
Change in unrealized gain (loss) on investments		(276,185	)		(19,829	)		(82,035	)		(184,913	)		88,637			(71,904	)		225,460			(382,944	)
Reinvested capital gains		376,341			47,984			87,803			61,100			-			10,047			-			-
Net increase (decrease) in contract owners’ equity resulting from operations		145,401			103,384			66,469			6,631			130,764			(28,191	)		138,743			(426,314	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		48,224			59,927			19,255			23,726			51,401			58,025			74,277			85,743
Transfers between funds		25,858			(4,288	)		(41,068	)		7,404			(17,405	)		(267,931	)		(128,555	)		(27,080	)
Surrenders (note 6)		(59,019	)		(54,030	)		(187,784	)		(289,534	)		(64,072	)		(15,877	)		(131,891	)		(168,751	)
Death benefits (note 4)		(13,445	)		(18,885	)		(2,414	)		(171	)		(11,266	)		(48,583	)		(61,151	)		(19,431	)
Net policy repayments (loans) (note 5)		45,614			8,276			(30,214	)		1,197			3,561			943			11,281			112,580
Deductions for surrender charges (note 2d)		-			-			-			-			-			-			-			(7	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(67,405	)		(69,835	)		(27,270	)		(30,301	)		(40,383	)		(45,622	)		(116,978	)		(134,341	)
Asset charges (note 3):
MSP contracts		(1,166	)		(1,191	)		(237	)		(237	)		(1,141	)		(1,618	)		(261	)		(309	)
SL contracts or LSFP contracts		-			-			-			-			(384	)		(349	)		(561	)		(827	)
Adjustments to maintain reserves		50			(15	)		23			(13	)		(4	)		20			47			(12	)
Net equity transactions		(21,289	)		(80,041	)		(269,709	)		(287,929	)		(79,693	)		(320,992	)		(353,792	)		(152,435	)
Net change in contract owners’ equity		124,112			23,343			(203,240	)		(281,298	)		51,071			(349,183	)		(215,049	)		(578,749	)
Contract owners’ equity beginning of period		1,820,079			1,796,736			830,178			1,111,476			971,516			1,320,699			2,147,413			2,726,162
Contract owners’ equity end of period	$	1,944,191			1,820,079			626,938			830,178			1,022,587			971,516			1,932,364			2,147,413
CHANGES IN UNITS:
Beginning units		107,876			112,790			57,553			77,509			47,324			62,280			108,444			115,025
Units purchased		6,564			6,785			2,629			2,169			3,318			3,364			7,161			8,439
Units redeemed		(8,288	)		(11,699	)		(20,866	)		(22,125	)		(6,862	)		(18,320	)		(24,182	)		(15,020	)
Ending units		106,152			107,876			39,316			57,553			43,780			47,324			91,423			108,444

	GIG						NVNMO1						NVNSR1						NVCRA1
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	57,116			137			35,973			35,587			275			373			4,596			6,889
Realized gain (loss) on investments		(101,575	)		(1,086	)		236,776			375,791			(655	)		30,138			(3,776	)		7,654
Change in unrealized gain (loss) on investments		46,555			(274,637	)		674,201			(1,802,664	)		(301	)		(47,990	)		(7,808	)		(45,447	)
Reinvested capital gains		-			147,138			628,061			1,184,849			10,609			16,723			20,362			24,740
Net increase (decrease) in contract owners’ equity resulting from operations		2,096			(128,448	)		1,575,011			(206,437	)		9,928			(756	)		13,374			(6,164	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		128,614			140,533			395,840			462,996			2,935			4,295			13,164			12,590
Transfers between funds		(32,076	)		(54,422	)		(414,877	)		(140,034	)		(8,450	)		(23,625	)		(47,238	)		8,307
Surrenders (note 6)		(291,314	)		(489,263	)		(709,214	)		(796,831	)		(1,860	)		(4,191	)		(17,194	)		(14,114	)
Death benefits (note 4)		(15,671	)		(50,758	)		(98,787	)		(312,596	)		-			-			-			(5,399	)
Net policy repayments (loans) (note 5)		11,198			156,361			164,460			166,247			(1,016	)		(40	)		6,333			4,610
Deductions for surrender charges (note 2d)		-			-			(6	)		(42	)		-			-			-			-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(161,786	)		(173,584	)		(618,531	)		(630,322	)		(3,133	)		(3,518	)		(15,152	)		(17,913	)
Asset charges (note 3):
MSP contracts		(2,040	)		(2,575	)		(7,343	)		(8,379	)		-			-			-			-
SL contracts or LSFP contracts		(458	)		(463	)		(8	)		(8	)		-			-			-			-
Adjustments to maintain reserves		36			9			233			(10	)		13			(9	)		6			(5	)
Net equity transactions		(363,497	)		(474,162	)		(1,288,233	)		(1,258,979	)		(11,511	)		(27,088	)		(60,081	)		(11,924	)
Net change in contract owners’ equity		(361,401	)		(602,610	)		286,778			(1,465,416	)		(1,583	)		(27,844	)		(46,707	)		(18,088	)
Contract owners’ equity beginning of period		3,717,354			4,319,964			13,189,436			14,654,852			110,884			138,728			306,120			324,208
Contract owners’ equity end of period	$	3,355,953			3,717,354			13,476,214			13,189,436			109,301			110,884			259,413			306,120
CHANGES IN UNITS:
Beginning units		249,338			279,705			955,017			1,044,467			6,966			8,635			23,044			23,914
Units purchased		14,354			15,395			47,790			51,630			225			307			1,601			3,476
Units redeemed		(39,441	)		(45,762	)		(139,351	)		(141,080	)		(923	)		(1,976	)		(6,494	)		(4,346	)
Ending units		224,251			249,338			863,456			955,017			6,268			6,966			18,151			23,044

	NVCRB1						NVCCA1						NVCCN1						NVCMD1
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	8,278			13,233			13,777			17,000			1,313			711			22,883			30,429
Realized gain (loss) on investments		(18,026	)		1,531			1,704			29,030			(1,668	)		(1,976	)		43,499			20,771
Change in unrealized gain (loss) on investments		23,614			(35,316	)		(21,298	)		(98,563	)		1,163			(243	)		(75,066	)		(138,724	)
Reinvested capital gains		18,715			14,516			47,106			44,516			1,742			1,404			67,871			69,615
Net increase (decrease) in contract owners’ equity resulting from operations		32,581			(6,036	)		41,289			(8,017	)		2,550			(104	)		59,187			(17,909	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		7,071			7,372			25,216			27,664			3,854			5,686			53,089			37,297
Transfers between funds		(360,151	)		354,949			(41,118	)		(119,783	)		18,643			(41,794	)		(8,010	)		110,961
Surrenders (note 6)		(7,096	)		(39	)		(13,129	)		(6,261	)		-			(9,520	)		(343,196	)		(42,137	)
Death benefits (note 4)		-			-			-			-			-			(25,858	)		-			-
Net policy repayments (loans) (note 5)		163			(55	)		8,338			23			(2,204	)		193			102,099			20,539
Deductions for surrender charges (note 2d)		-			-			-			-			-			-			-			-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(11,019	)		(11,520	)		(37,371	)		(35,638	)		(5,809	)		(6,235	)		(68,081	)		(72,701	)
Asset charges (note 3):
MSP contracts		(50	)		(51	)		(56	)		(58	)		(29	)		(29	)		(991	)		(1,017	)
SL contracts or LSFP contracts		-			-			-			-			-			-			-			-
Adjustments to maintain reserves		7			(16	)		8			12			10			(5	)		22			(15	)
Net equity transactions		(371,075	)		350,640			(58,112	)		(134,041	)		14,465			(77,562	)		(265,068	)		52,927
Net change in contract owners’ equity		(338,494	)		344,604			(16,823	)		(142,058	)		17,015			(77,666	)		(205,881	)		35,018
Contract owners’ equity beginning of period		741,335			396,731			639,066			781,124			45,654			123,320			1,238,000			1,202,982
Contract owners’ equity end of period	$	402,841			741,335			622,243			639,066			62,669			45,654			1,032,119			1,238,000
CHANGES IN UNITS:
Beginning units		55,893			29,486			47,510			57,074			3,650			9,728			92,343			88,472
Units purchased		570			27,859			2,263			2,567			1,796			468			6,429			14,043
Units redeemed		(27,702	)		(1,452	)		(6,429	)		(12,131	)		(644	)		(6,546	)		(26,336	)		(10,172	)
Ending units		28,761			55,893			43,344			47,510			4,802			3,650			72,436			92,343

	NVCMA1						NVCMC1						NVCBD1						NVLCP1
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	15,474			17,707			3,138			4,089			13,350			12,013			3,194			1,431
Realized gain (loss) on investments		(1,471	)		17,894			(1,157	)		13,529			56			(2,312	)		(427	)		2,994
Change in unrealized gain (loss) on investments		(24,587	)		(111,061	)		172			(25,106	)		7,271			(19,792	)		698			(5,352	)
Reinvested capital gains		59,747			64,317			5,432			7,644			970			2,380			501			956
Net increase (decrease) in contract owners’ equity resulting from operations		49,163			(11,143	)		7,585			156			21,647			(7,711	)		3,966			29
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		26,186			34,835			8,775			9,631			6,285			14,802			4,311			5,551
Transfers between funds		-			9,272			197			(2,690	)		53,620			1,066			23,524			1,396
Surrenders (note 6)		(3,300	)		(1,694	)		-			-			(22,000	)		(11,756	)		(11,935	)		(42,550	)
Death benefits (note 4)		(5,126	)		-			(40,358	)		(88,508	)		-			-			-			(49,392	)
Net policy repayments (loans) (note 5)		513			761			1,742			1,870			463			298			(7,581	)		18
Deductions for surrender charges (note 2d)		-			-			-			-			-			-			-			-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(43,671	)		(41,104	)		(21,336	)		(41,988	)		(12,839	)		(12,667	)		(6,736	)		(7,093	)
Asset charges (note 3):
MSP contracts		-			-			(493	)		(697	)		(63	)		(131	)		-			-
SL contracts or LSFP contracts		-			-			-			-			(51	)		(13	)		-			-
Adjustments to maintain reserves		3			10			(1	)		6			8			(2	)		(17	)		9
Net equity transactions		(25,395	)		2,080			(51,474	)		(122,376	)		25,423			(8,403	)		1,566			(92,061	)
Net change in contract owners’ equity		23,768			(9,063	)		(43,889	)		(122,220	)		47,070			(16,114	)		5,532			(92,032	)
Contract owners’ equity beginning of period		709,071			718,134			182,273			304,493			507,356			523,470			118,454			210,486
Contract owners’ equity end of period	$	732,839			709,071			138,384			182,273			554,426			507,356			123,986			118,454
CHANGES IN UNITS:
Beginning units		53,137			52,799			13,838			22,655			39,308			39,970			8,359			14,705
Units purchased		2,245			9,260			1,357			1,236			4,623			1,910			1,374			554
Units redeemed		(4,120	)		(8,922	)		(5,267	)		(10,053	)		(2,975	)		(2,572	)		(1,259	)		(6,900	)
Ending units		51,262			53,137			9,928			13,838			40,956			39,308			8,474			8,359

	TRF						GBF						GVIX2						GVIDA
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	391,953			303,074			82,060			72,424			7,863			7,185			56,958			17,988
Realized gain (loss) on investments		1,012,006			976,843			(95,739	)		(54,615	)		(4,781	)		(1,229	)		56,198			132,688
Change in unrealized gain (loss) on investments		3,385,937			(1,047,198	)		32,887			(51,863	)		(1,515	)		(12,853	)		(51,431	)		(175,162	)
Reinvested capital gains		-			-			-			-			-			-			308,420			-
Net increase (decrease) in contract owners’ equity resulting from operations		4,789,896			232,719			19,208			(34,054	)		1,567			(6,897	)		370,145			(24,486	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		2,628,741			2,745,086			200,400			265,912			110,349			5,287			136,180			91,020
Transfers between funds		(432,614	)		(109,475	)		168,905			(59,172	)		(14,451	)		29,564			1,907,412			20,838
Surrenders (note 6)		(2,401,658	)		(3,400,665	)		(183,614	)		(507,619	)		(99,030	)		(10,823	)		(58,678	)		(517,633	)
Death benefits (note 4)		(459,856	)		(589,656	)		(107,503	)		(333,354	)		-			-			-			(15,150	)
Net policy repayments (loans) (note 5)		402,041			826,048			(9,052	)		438,380			(12,272	)		(12,259	)		18,510			327,163
Deductions for surrender charges (note 2d)		(180	)		(231	)		-			(5	)		-			-			-			-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(3,513,726	)		(3,613,607	)		(394,663	)		(384,577	)		(11,322	)		(12,010	)		(90,236	)		(84,597	)
Asset charges (note 3):
MSP contracts		(10,056	)		(10,791	)		(6,942	)		(7,312	)		(1,011	)		(1,212	)		(726	)		(768	)
SL contracts or LSFP contracts		(6,555	)		(6,721	)		(765	)		(1,024	)		-			-			(7,767	)		-
Adjustments to maintain reserves		1,913			110			124			3			(1	)		6			49			(43	)
Net equity transactions		(3,791,950	)		(4,159,902	)		(333,110	)		(588,768	)		(27,738	)		(1,447	)		1,904,744			(179,170	)
Net change in contract owners’ equity		997,946			(3,927,183	)		(313,902	)		(622,822	)		(26,171	)		(8,344	)		2,274,889			(203,656	)
Contract owners’ equity beginning of period		47,598,621			51,525,804			5,705,897			6,328,719			392,938			401,282			1,994,621			2,198,277
Contract owners’ equity end of period	$	48,596,567			47,598,621			5,391,995			5,705,897			366,767			392,938			4,269,510			1,994,621
CHANGES IN UNITS:
Beginning units		794,468			877,893			172,237			191,939			42,885			43,094			94,671			102,676
Units purchased		56,621			68,621			17,218			13,244			2,622			3,147			93,468			6,637
Units redeemed		(121,405	)		(152,046	)		(27,074	)		(32,946	)		(5,630	)		(3,356	)		(9,324	)		(14,642	)
Ending units		729,684			794,468			162,381			172,237			39,877			42,885			178,815			94,671

	NVDBL2						NVDCA2						GVIDC						GVIDM
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	7,897			5,426			1,118			908			4,667			4,630			49,482			39,930
Realized gain (loss) on investments		1,533			2,489			(1,339	)		(2,706	)		(12,311	)		435			84,924			396,898
Change in unrealized gain (loss) on investments		7,066			(16,823	)		2,898			(1,914	)		14,460			(21,745	)		(98,566	)		(613,924	)
Reinvested capital gains		10,770			7,693			3,614			5,379			11,092			15,741			183,151			159,441
Net increase (decrease) in contract owners’ equity resulting from operations		27,266			(1,215	)		6,291			1,667			17,908			(939	)		218,991			(17,655	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		13,014			13,653			2,543			3,761			22,382			17,856			186,742			171,045
Transfers between funds		92,712			(7,234	)		(853	)		52,113			32,915			-			47,525			(97,917	)
Surrenders (note 6)		(842	)		(1,304	)		(2,709	)		(51,590	)		(62,900	)		(467,545	)		(68,650	)		(743,684	)
Death benefits (note 4)		(1,760	)		-			-			(6,767	)		-			-			(52,381	)		(97,486	)
Net policy repayments (loans) (note 5)		871			656			726			(1,422	)		(30,785	)		395,686			45,627			240,151
Deductions for surrender charges (note 2d)		-			-			-			-			-			-			-			-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(9,127	)		(6,283	)		(8,624	)		(8,655	)		(40,310	)		(39,326	)		(262,747	)		(406,443	)
Asset charges (note 3):
MSP contracts		(2,224	)		(2,232	)		(18	)		(39	)		(399	)		(398	)		(8,131	)		(8,679	)
SL contracts or LSFP contracts		-			-			-			-			(186	)		(187	)		(838	)		(1,167	)
Adjustments to maintain reserves		13			3			(2	)		3			8			4			54			(23	)
Net equity transactions		92,657			(2,741	)		(8,937	)		(12,596	)		(79,275	)		(93,910	)		(112,799	)		(944,203	)
Net change in contract owners’ equity		119,923			(3,956	)		(2,646	)		(10,929	)		(61,367	)		(94,849	)		106,192			(961,858	)
Contract owners’ equity beginning of period		351,472			355,428			96,696			107,625			459,878			554,727			3,400,620			4,362,478
Contract owners’ equity end of period	$	471,395			351,472			94,050			96,696			398,511			459,878			3,506,812			3,400,620
CHANGES IN UNITS:
Beginning units		21,278			21,450			5,282			5,824			29,949			36,129			176,900			224,415
Units purchased		6,616			892			420			3,882			3,959			3,689			18,984			15,998
Units redeemed		(851	)		(1,064	)		(898	)		(4,424	)		(8,680	)		(9,869	)		(25,321	)		(63,513	)
Ending units		27,043			21,278			4,804			5,282			25,228			29,949			170,563			176,900

	GVDMA						GVDMC						MCIF						SAM
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	63,856			50,184			6,824			40,966			41,949			39,116			(79,384	)		(89,560	)
Realized gain (loss) on investments		44,999			54,913			378,140			15,493			258,910			187,748			-			-
Change in unrealized gain (loss) on investments		(99,328	)		(256,094	)		(259,424	)		(263,047	)		145,907			(802,059	)		-			-
Reinvested capital gains		366,207			94,766			39,941			187,054			537,979			407,893			301			-
Net increase (decrease) in contract owners’ equity resulting from operations		375,734			(56,231	)		165,481			(19,534	)		984,745			(167,302	)		(79,083	)		(89,560	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		202,223			182,236			171,103			172,430			127,610			111,139			2,121,927			1,312,636
Transfers between funds		(14,730	)		81,786			56,819			(6,568	)		(129,967	)		411,715			5,537,113			2,547
Surrenders (note 6)		(378,304	)		(517,156	)		(2,780,139	)		(34,223	)		(497,958	)		(140,560	)		(7,690,194	)		(3,279,330	)
Death benefits (note 4)		(19,716	)		(91	)		-			-			(86,077	)		(22,367	)		(459,961	)		(612,352	)
Net policy repayments (loans) (note 5)		226,643			209,915			20,517			(7,396	)		71,118			(38,621	)		1,151,120			1,402,402
Deductions for surrender charges (note 2d)		-			(203	)		-			-			-			(4	)		(122	)		(2	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(240,302	)		(236,842	)		(104,995	)		(115,017	)		(242,173	)		(276,089	)		(1,425,925	)		(1,556,678	)
Asset charges (note 3):
MSP contracts		(3,943	)		(3,939	)		(775	)		(1,143	)		(2,892	)		(3,562	)		(14,002	)		(13,088	)
SL contracts or LSFP contracts		(1,127	)		(1,139	)		-			-			(943	)		(813	)		(7,195	)		(6,768	)
Adjustments to maintain reserves		80			(9	)		60			-			114			(18	)		(80	)		(289	)
Net equity transactions		(229,176	)		(285,442	)		(2,637,410	)		8,083			(761,168	)		40,820			(787,319	)		(2,750,922	)
Net change in contract owners’ equity		146,558			(341,673	)		(2,471,929	)		(11,451	)		223,577			(126,482	)		(866,402	)		(2,840,482	)
Contract owners’ equity beginning of period		4,972,297			5,313,970			3,565,318			3,576,769			6,121,644			6,248,126			15,241,791			18,082,273
Contract owners’ equity end of period	$	5,118,855			4,972,297			1,093,389			3,565,318			6,345,221			6,121,644			14,375,389			15,241,791
CHANGES IN UNITS:
Beginning units		243,227			256,990			202,821			202,460			206,498			205,415			921,079			1,080,346
Units purchased		15,906			13,850			13,610			11,728			7,171			22,014			323,766			172,207
Units redeemed		(27,362	)		(27,613	)		(155,980	)		(11,367	)		(33,877	)		(20,931	)		(367,653	)		(331,474	)
Ending units		231,771			243,227			60,451			202,821			179,792			206,498			877,192			921,079

	NVMIG1						GVDIVI						NVMLG1						NVMLV1
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	34,221			7,897			10,547			4,799			5,347			(2,382	)		17,867			10,422
Realized gain (loss) on investments		(118,119	)		(33,340	)		(45,827	)		(2,308	)		(92,789	)		208,737			(12,585	)		55,042
Change in unrealized gain (loss) on investments		(101,704	)		(287,793	)		44,918			(36,881	)		(99,997	)		(331,028	)		58,145			(306,841	)
Reinvested capital gains		83,750			259,733			-			-			224,584			156,654			134,170			170,378
Net increase (decrease) in contract owners’ equity resulting from operations		(101,852	)		(53,503	)		9,638			(34,390	)		37,145			31,981			197,597			(70,999	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		152,928			151,866			25,040			18,783			49,853			54,415			56,485			55,582
Transfers between funds		(5,041	)		143,196			(117,253	)		119,374			(38,926	)		(105,903	)		21,657			2,240
Surrenders (note 6)		(369,679	)		(211,032	)		(20,654	)		(22,012	)		(239,091	)		(210,453	)		(81,661	)		(14,932	)
Death benefits (note 4)		(42,134	)		(45,715	)		(669	)		(2,071	)		(17,223	)		(5,289	)		(1,909	)		-
Net policy repayments (loans) (note 5)		2,263			42,692			794			(1,209	)		(834	)		11,949			34,240			4,412
Deductions for surrender charges (note 2d)		(3	)		-			-			-			-			-			-			-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(197,472	)		(203,159	)		(29,450	)		(31,285	)		(80,144	)		(95,230	)		(67,706	)		(64,492	)
Asset charges (note 3):
MSP contracts		(1,257	)		(1,748	)		(70	)		(112	)		(1,086	)		(1,130	)		(288	)		(272	)
SL contracts or LSFP contracts		(1	)		(3	)		(189	)		(205	)		(678	)		(658	)		(471	)		(475	)
Adjustments to maintain reserves		39			(5	)		6			(1	)		40			(9	)		49			(19	)
Net equity transactions		(460,357	)		(123,908	)		(142,445	)		81,262			(328,089	)		(352,308	)		(39,604	)		(17,956	)
Net change in contract owners’ equity		(562,209	)		(177,411	)		(132,807	)		46,872			(290,944	)		(320,327	)		157,993			(88,955	)
Contract owners’ equity beginning of period		4,177,238			4,354,649			567,297			520,425			1,833,853			2,154,180			1,246,881			1,335,836
Contract owners’ equity end of period	$	3,615,029			4,177,238			434,490			567,297			1,542,909			1,833,853			1,404,874			1,246,881
CHANGES IN UNITS:
Beginning units		432,427			446,203			33,454			28,978			114,835			138,851			87,462			90,319
Units purchased		27,947			40,210			2,481			8,829			7,142			6,448			7,471			6,989
Units redeemed		(75,881	)		(53,986	)		(11,487	)		(4,353	)		(27,344	)		(30,464	)		(9,918	)		(9,846	)
Ending units		384,493			432,427			24,448			33,454			94,633			114,835			85,015			87,462

	NVMMG1						NVMMV2						SCGF						SCVF
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	(141,509	)		(166,025	)		188,051			145,924			(5,886	)		(6,848	)		8,124			14,092
Realized gain (loss) on investments		780,424			1,158,366			489,089			670,460			(36,409	)		81,446			322,531			448,885
Change in unrealized gain (loss) on investments		(2,169,996	)		(5,388,566	)		821,206			(4,050,342	)		(165,768	)		(267,373	)		274,282			(1,351,892	)
Reinvested capital gains		3,024,989			4,299,066			1,943,026			2,475,846			284,573			196,919			451,972			546,767
Net increase (decrease) in contract owners’ equity resulting from operations		1,493,908			(97,159	)		3,441,372			(758,112	)		76,510			4,144			1,056,909			(342,148	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		869,232			1,031,866			572,056			617,500			23,063			62,222			121,112			189,275
Transfers between funds		(371,677	)		238,082			(269,987	)		198,647			(113,214	)		297,086			(419,575	)		74,156
Surrenders (note 6)		(1,914,582	)		(2,021,250	)		(969,706	)		(1,223,044	)		(148,283	)		(93,235	)		(360,191	)		(357,155	)
Death benefits (note 4)		(231,806	)		(203,993	)		(106,026	)		(250,379	)		-			(80,942	)		(1,546	)		(61,233	)
Net policy repayments (loans) (note 5)		628,028			188,066			123,935			196,921			946			(19,259	)		(30,166	)		126,361
Deductions for surrender charges (note 2d)		(247	)		(236	)		(24	)		(111	)		-			-			-			-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(1,389,130	)		(1,496,636	)		(1,068,553	)		(1,025,468	)		(48,644	)		(56,001	)		(205,987	)		(225,639	)
Asset charges (note 3):
MSP contracts		(10,122	)		(10,569	)		(5,728	)		(6,049	)		(465	)		(494	)		(1,833	)		(2,185	)
SL contracts or LSFP contracts		(482	)		(514	)		(60	)		(44	)		(540	)		(597	)		(3,014	)		(4,895	)
Adjustments to maintain reserves		455			(43	)		414			(3	)		25			(25	)		90			(24	)
Net equity transactions		(2,420,331	)		(2,275,227	)		(1,723,679	)		(1,492,030	)		(287,112	)		108,755			(901,110	)		(261,339	)
Net change in contract owners’ equity		(926,423	)		(2,372,386	)		1,717,693			(2,250,142	)		(210,602	)		112,899			155,799			(603,487	)
Contract owners’ equity beginning of period		27,722,591			30,094,977			21,751,539			24,001,681			1,521,010			1,408,111			5,020,735			5,624,222
Contract owners’ equity end of period	$	26,796,168			27,722,591			23,469,232			21,751,539			1,310,408			1,521,010			5,176,534			5,020,735
CHANGES IN UNITS:
Beginning units		1,797,627			1,938,492			1,226,871			1,308,008			125,888			117,262			132,480			139,264
Units purchased		89,993			123,652			46,027			80,007			2,944			27,866			6,754			12,477
Units redeemed		(247,115	)		(264,517	)		(141,350	)		(161,144	)		(28,542	)		(19,240	)		(29,562	)		(19,261	)
Ending units		1,640,505			1,797,627			1,131,548			1,226,871			100,290			125,888			109,672			132,480

	SCF						MSBF						NVSTB2						NVOLG1
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	(26,367	)		(23,634	)		32,265			15,555			6,068			6,095			154,241			68,531
Realized gain (loss) on investments		(71,013	)		(72,804	)		(4,158	)		123			(273	)		(7,523	)		1,283,442			1,979,169
Change in unrealized gain (loss) on investments		880,099			(1,849,853	)		50,673			(52,530	)		4,938			(4,578	)		(12,935,124	)		(7,496,685	)
Reinvested capital gains		2,262,815			1,659,488			-			-			-			-			13,217,313			7,805,221
Net increase (decrease) in contract owners’ equity resulting from operations		3,045,534			(286,803	)		78,780			(36,852	)		10,733			(6,006	)		1,719,872			2,356,236
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		425,391			459,018			41,242			24,584			14,765			24,127			1,800,406			1,437,430
Transfers between funds		(454,948	)		(781,827	)		193,174			(22,909	)		(8,982	)		(5,011	)		11,911,100			(733,173	)
Surrenders (note 6)		(762,337	)		(979,656	)		(22,020	)		(12,312	)		(3,658	)		(8,883	)		(4,427,644	)		(3,115,663	)
Death benefits (note 4)		(139,112	)		(172,194	)		(31,396	)		-			-			(11,202	)		(347,179	)		(585,458	)
Net policy repayments (loans) (note 5)		174,982			85,563			16,386			(27,834	)		(9,986	)		(7,024	)		257,203			160,245
Deductions for surrender charges (note 2d)		(48	)		(56	)		-			-			-			-			(1	)		(110	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(686,731	)		(729,558	)		(53,349	)		(48,087	)		(13,938	)		(17,247	)		(2,887,181	)		(2,291,070	)
Asset charges (note 3):
MSP contracts		(6,427	)		(7,314	)		(522	)		(689	)		(23	)		(97	)		(19,811	)		(19,407	)
SL contracts or LSFP contracts		(3,336	)		(3,963	)		(251	)		(264	)		-			-			(17,146	)		(17,890	)
Adjustments to maintain reserves		10,301			(815	)		12			(8	)		8			(7	)		776			980
Net equity transactions		(1,442,265	)		(2,130,802	)		143,276			(87,519	)		(21,814	)		(25,344	)		6,270,523			(5,164,116	)
Net change in contract owners’ equity		1,603,269			(2,417,605	)		222,056			(124,371	)		(11,081	)		(31,350	)		7,990,395			(2,807,880	)
Contract owners’ equity beginning of period		14,987,603			17,405,208			1,044,414			1,168,785			541,895			573,245			50,524,523			53,332,403
Contract owners’ equity end of period	$	16,590,872			14,987,603			1,266,470			1,044,414			530,814			541,895			58,514,918			50,524,523
CHANGES IN UNITS:
Beginning units		259,198			295,850			54,232			58,596			49,153			51,526			2,025,618			2,236,695
Units purchased		10,648			11,036			12,418			2,275			1,911			3,117			584,820			99,943
Units redeemed		(35,581	)		(47,688	)		(5,277	)		(6,639	)		(3,862	)		(5,490	)		(332,042	)		(311,021	)
Ending units		234,265			259,198			61,373			54,232			47,202			49,153			2,278,396			2,025,618

	NVTIV3						EIF						NVRE1						NVLCAP
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	2,700			2,545			15,519			7,962			126,566			200,352			1,346			18
Realized gain (loss) on investments		(3,670	)		(865	)		61,098			39,711			(620,000	)		(37,780	)		(68	)		(85	)
Change in unrealized gain (loss) on investments		(1,024	)		(21,489	)		35,241			(102,042	)		326,971			(2,095,864	)		4,027			222
Reinvested capital gains		2,481			8,492			-			-			698,150			1,367,077			868			61
Net increase (decrease) in contract owners’ equity resulting from operations		487			(11,317	)		111,858			(54,369	)		531,687			(566,215	)		6,173			216
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		4,963			6,637			28,176			25,345			238,588			265,215			238			1,215
Transfers between funds		9,392			21,716			(138,502	)		63,999			(107,379	)		(577,031	)		95,867			-
Surrenders (note 6)		(4,959	)		(6,690	)		(50,617	)		(16,090	)		(713,966	)		(495,360	)		-			-
Death benefits (note 4)		-			-			(1,199	)		(985	)		(21,995	)		(233,589	)		-			(6,662	)
Net policy repayments (loans) (note 5)		386			363			11,127			(23,616	)		(2,878	)		78,944			-			-
Deductions for surrender charges (note 2d)		-			-			-			-			-			-			-			-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(7,732	)		(7,161	)		(32,861	)		(36,100	)		(386,183	)		(415,384	)		(740	)		(987	)
Asset charges (note 3):
MSP contracts		-			-			(9	)		(10	)		(3,435	)		(4,058	)		-			-
SL contracts or LSFP contracts		(4	)		-			(47	)		(55	)		(1,044	)		(1,048	)		-			-
Adjustments to maintain reserves		7			22			(13	)		18			175			(15	)		(6	)		(1	)
Net equity transactions		2,053			14,887			(183,945	)		12,506			(998,117	)		(1,382,326	)		95,359			(6,435	)
Net change in contract owners’ equity		2,540			3,570			(72,087	)		(41,863	)		(466,430	)		(1,948,541	)		101,532			(6,219	)
Contract owners’ equity beginning of period		177,741			174,171			796,114			837,977			8,931,249			10,879,790			1,132			7,351
Contract owners’ equity end of period	$	180,281			177,741			724,027			796,114			8,464,819			8,931,249			102,664			1,132
CHANGES IN UNITS:
Beginning units		11,997			11,223			32,104			31,499			624,463			716,177			100			627
Units purchased		1,007			1,740			1,937			4,385			31,098			34,465			8,147			102
Units redeemed		(917	)		(966	)		(9,137	)		(3,780	)		(101,297	)		(126,179	)		(62	)		(629	)
Ending units		12,087			11,997			24,904			32,104			554,264			624,463			8,185			100

	NVLMP						NVSIX2						GVEX1						AMTB
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	100			166			980			659			38,214			30,485			9,752			24,259
Realized gain (loss) on investments		(19	)		(6	)		(9,436	)		(37	)		52,844			52,407			(43,650	)		(20,251	)
Change in unrealized gain (loss) on investments		619			(723	)		16,720			(15,994	)		124,452			(87,031	)		54,180			(12,385	)
Reinvested capital gains		133			131			14,763			9,264			43,578			32,140			-			-
Net increase (decrease) in contract owners’ equity resulting from operations		833			(432	)		23,027			(6,108	)		259,088			28,001			20,282			(8,377	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		512			188			2,204			7,883			910,838			34,699			69,380			63,475
Transfers between funds		-			10,131			48,934			55,552			421,162			64,972			(492,112	)		(87,264	)
Surrenders (note 6)		-			-			(10,749	)		-			(803,413	)		(7,533	)		(217,113	)		(118,093	)
Death benefits (note 4)		-			-			-			-			-			(28,777	)		(18,118	)		(65,006	)
Net policy repayments (loans) (note 5)		-			-			(1,500	)		172			(114,148	)		(11	)		8,729			43,305
Deductions for surrender charges (note 2d)		-			-			-			-			-			-			(2	)		-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(281	)		(106	)		(6,228	)		(4,154	)		(79,641	)		(58,808	)		(98,087	)		(89,097	)
Asset charges (note 3):
MSP contracts		-			-			-			-			-			-			(3,737	)		(3,830	)
SL contracts or LSFP contracts		-			-			-			-			-			-			(700	)		(734	)
Adjustments to maintain reserves		1			1			(1	)		3			40			3			51			(13	)
Net equity transactions		232			10,214			32,660			59,456			334,838			4,545			(751,709	)		(257,257	)
Net change in contract owners’ equity		1,065			9,782			55,687			53,348			593,926			32,546			(731,427	)		(265,634	)
Contract owners’ equity beginning of period		9,782			-			114,888			61,540			2,221,989			2,189,443			2,510,683			2,776,317
Contract owners’ equity end of period	$	10,847			9,782			170,575			114,888			2,815,915			2,221,989			1,779,256			2,510,683
CHANGES IN UNITS:
Beginning units		878			-			9,242			4,685			165,957			164,565			138,717			151,479
Units purchased		45			887			3,135			4,955			44,608			11,896			7,091			10,195
Units redeemed		(25	)		(9	)		(965	)		(398	)		(21,250	)		(10,504	)		(59,656	)		(22,957	)
Ending units		898			878			11,412			9,242			189,315			165,957			86,152			138,717

	AMGP						AMINS						AMCG						AMMCGS
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	(153	)		417			122			203			(7,684	)		(1,426	)		(851	)		(167	)
Realized gain (loss) on investments		(17,512	)		2,064			113			196			(19,607	)		(2,998	)		(5,212	)		(2,867	)
Change in unrealized gain (loss) on investments		12,449			(50,299	)		(727	)		(289	)		8,662			(74,940	)		1,988			(5,763	)
Reinvested capital gains		15,270			38,715			103			59			73,998			-			7,129			222
Net increase (decrease) in contract owners’ equity resulting from operations		10,054			(9,103	)		(389	)		169			55,369			(79,364	)		3,054			(8,575	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		-			-			103			2,421			22,058			1,020			4,298			582
Transfers between funds		(67,887	)		(1,939	)		-			-			(122,798	)		1,926,103			(16,227	)		193,634
Surrenders (note 6)		-			(5,393	)		-			-			(127,671	)		(15,507	)		(40,850	)		(541	)
Death benefits (note 4)		-			-			-			-			(102,235	)		-			(2,028	)		-
Net policy repayments (loans) (note 5)		372			277			-			-			122,680			(88,052	)		898			257
Deductions for surrender charges (note 2d)		-			-			-			-			-			-			-			-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(4,685	)		(5,408	)		(1,246	)		(1,435	)		(48,658	)		(8,794	)		(9,425	)		(1,936	)
Asset charges (note 3):
MSP contracts		-			-			-			-			-			-			-			-
SL contracts or LSFP contracts		(231	)		(308	)		(66	)		(77	)		(2,902	)		(461	)		-			(15	)
Adjustments to maintain reserves		6			(7	)		(3	)		(4	)		18			6			14			2
Net equity transactions		(72,425	)		(12,778	)		(1,212	)		905			(259,508	)		1,814,315			(63,320	)		191,983
Net change in contract owners’ equity		(62,371	)		(21,881	)		(1,601	)		1,074			(204,139	)		1,734,951			(60,266	)		183,408
Contract owners’ equity beginning of period		146,287			168,168			20,629			19,555			1,734,951			-			201,732			18,324
Contract owners’ equity end of period	$	83,916			146,287			19,028			20,629			1,530,812			1,734,951			141,466			201,732
CHANGES IN UNITS:
Beginning units		6,866			7,518			1,304			1,255			180,813			-			6,188			530
Units purchased		43			46			6			143			6,433			193,678			196			6,282
Units redeemed		(2,926	)		(698	)		(85	)		(94	)		(33,788	)		(12,865	)		(2,187	)		(624	)
Ending units		3,983			6,866			1,225			1,304			153,458			180,813			4,197			6,188

	AMTP						AMRS						AMSRS						NOTB3
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	15,200			18,120			49			93			1,352			355			94			-
Realized gain (loss) on investments		218,816			138,686			988			652			18,135			49,649			5			-
Change in unrealized gain (loss) on investments		171,467			(746,960	)		673			(3,245	)		16,701			(120,344	)		236			-
Reinvested capital gains		216,712			232,469			1,341			504			24,585			64,025			-			-
Net increase (decrease) in contract owners’ equity resulting from operations		622,195			(357,685	)		3,051			(1,996	)		60,773			(6,315	)		335			-
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		62,188			78,570			-			-			15,474			8,094			-			-
Transfers between funds		(309,089	)		32,635			-			-			(26,110	)		(34,136	)		10,217			-
Surrenders (note 6)		(30,601	)		(354,883	)		-			-			(3,345	)		(30,022	)		-			-
Death benefits (note 4)		(10,389	)		-			-			-			-			(10,084	)		-			-
Net policy repayments (loans) (note 5)		5,059			121,955			-			-			(364	)		(7,147	)		-			-
Deductions for surrender charges (note 2d)		-			-			-			-			-			-			-			-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(37,166	)		(49,099	)		(3,493	)		(3,468	)		(26,983	)		(27,397	)		(273	)		-
Asset charges (note 3):
MSP contracts		-			-			-			-			(61	)		(144	)		-			-
SL contracts or LSFP contracts		(9,536	)		(11,179	)		(63	)		(77	)		(35	)		(59	)		-			-
Adjustments to maintain reserves		688			(313	)		(8	)		10			10			14			4			-
Net equity transactions		(328,846	)		(182,314	)		(3,564	)		(3,535	)		(41,414	)		(100,881	)		9,948			-
Net change in contract owners’ equity		293,349			(539,999	)		(513	)		(5,531	)		19,359			(107,196	)		10,283			-
Contract owners’ equity beginning of period		2,568,815			3,108,814			21,523			27,054			684,088			791,284			-			-
Contract owners’ equity end of period	$	2,862,164			2,568,815			21,010			21,523			703,447			684,088			10,283			-
CHANGES IN UNITS:
Beginning units		89,883			96,614			1,061			1,220			25,033			28,648			-			-
Units purchased		4,983			4,323			-			-			698			414			999			-
Units redeemed		(13,882	)		(11,054	)		(168	)		(159	)		(2,188	)		(4,029	)		(26	)		-
Ending units		80,984			89,883			893			1,061			23,543			25,033			973			-

	NOTG3						ALVGIA						ALVSVA						ACVB
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	17			11			1,828			2,699			1,955			3,332			46,733			63,392
Realized gain (loss) on investments		(2	)		6			13,324			19,258			615			40,625			158,954			213,764
Change in unrealized gain (loss) on investments		78			(254	)		(421	)		(16,601	)		176,588			(303,393	)		(123,300	)		(1,061,551	)
Reinvested capital gains		-			10			20,897			-			67,900			190,119			227,928			608,275
Net increase (decrease) in contract owners’ equity resulting from operations		93			(227	)		35,628			5,356			247,058			(69,317	)		310,315			(176,120	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		-			-			8,393			8,097			33,244			32,841			120,760			126,391
Transfers between funds		-			-			61,791			19,853			(52,120	)		(52,760	)		61,352			(703,472	)
Surrenders (note 6)		-			-			(48,370	)		(84,883	)		(15,493	)		(86,038	)		(284,457	)		(193,931	)
Death benefits (note 4)		-			-			-			-			(9,328	)		-			(62,096	)		(12,037	)
Net policy repayments (loans) (note 5)		-			-			7,596			(391	)		(11,430	)		(15,932	)		33,512			64,834
Deductions for surrender charges (note 2d)		-			-			-			-			-			-			(17	)		(44	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(88	)		(84	)		(21,948	)		(18,520	)		(51,293	)		(52,899	)		(222,532	)		(225,007	)
Asset charges (note 3):
MSP contracts		-			-			(37	)		(60	)		(397	)		(418	)		(1,661	)		(1,974	)
SL contracts or LSFP contracts		-			-			(85	)		(43	)		(216	)		(243	)		(488	)		(574	)
Adjustments to maintain reserves		(3	)		-			3			4			(13	)		12			81			(31	)
Net equity transactions		(91	)		(84	)		7,343			(75,943	)		(107,046	)		(175,437	)		(355,546	)		(945,845	)
Net change in contract owners’ equity		2			(311	)		42,971			(70,587	)		140,012			(244,754	)		(45,231	)		(1,121,965	)
Contract owners’ equity beginning of period		2,031			2,342			313,874			384,461			1,059,432			1,304,186			5,191,580			6,313,545
Contract owners’ equity end of period	$	2,033			2,031			356,845			313,874			1,199,444			1,059,432			5,146,349			5,191,580
CHANGES IN UNITS:
Beginning units		207			215			12,235			15,204			30,399			35,245			185,739			202,718
Units purchased		-			-			2,497			1,239			1,318			1,529			9,643			24,369
Units redeemed		(9	)		(8	)		(2,170	)		(4,208	)		(4,055	)		(6,375	)		(17,347	)		(41,348	)
Ending units		198			207			12,562			12,235			27,662			30,399			178,035			185,739

	ACVCA						ACVIG						ACVIP2						ACVI
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	(10,988	)		(14,433	)		34,890			33,592			15,206			18,093			3,550			(558	)
Realized gain (loss) on investments		103,412			164,466			15,239			122,577			(29,044	)		(27,835	)		30,785			74,994
Change in unrealized gain (loss) on investments		(206,193	)		(241,063	)		153,290			(513,594	)		48,653			(23,725	)		(65,137	)		(83,807	)
Reinvested capital gains		146,934			122,410			36,164			209,836			8,103			-			-			-
Net increase (decrease) in contract owners’ equity resulting from operations		33,165			31,380			239,583			(147,589	)		42,918			(33,467	)		(30,802	)		(9,371	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		12,562			11,675			45,336			42,810			41,800			55,862			4,596			2,656
Transfers between funds		(100,075	)		27,484			22,196			(150,826	)		(7,852	)		(15,461	)		(2,500	)		176,060
Surrenders (note 6)		39,155			(156,147	)		(81,331	)		(154,954	)		(67,284	)		(46,158	)		-			(72,406	)
Death benefits (note 4)		-			(206,191	)		(37,749	)		(106,649	)		(29,305	)		(12,538	)		(12,460	)		(46,852	)
Net policy repayments (loans) (note 5)		(121,603	)		126,988			15,595			(94,553	)		13,235			18,995			(1,131	)		(1,171	)
Deductions for surrender charges (note 2d)		-			-			-			-			-			-			-			-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(44,280	)		(44,933	)		(89,843	)		(108,908	)		(66,717	)		(66,931	)		(15,771	)		(14,868	)
Asset charges (note 3):
MSP contracts		-			-			(1,450	)		(2,154	)		(2,002	)		(2,349	)		-			-
SL contracts or LSFP contracts		(1,531	)		(1,560	)		(336	)		(347	)		(83	)		(100	)		(1,309	)		(1,077	)
Adjustments to maintain reserves		307			246			55			(25	)		23			(7	)		(863	)		129
Net equity transactions		(215,465	)		(242,438	)		(127,527	)		(575,606	)		(118,185	)		(68,687	)		(29,438	)		42,471
Net change in contract owners’ equity		(182,300	)		(211,058	)		112,056			(723,195	)		(75,267	)		(102,154	)		(60,240	)		33,100
Contract owners’ equity beginning of period		1,641,728			1,852,786			1,942,153			2,665,348			1,069,079			1,171,233			531,437			498,337
Contract owners’ equity end of period	$	1,459,428			1,641,728			2,054,209			1,942,153			993,812			1,069,079			471,197			531,437
CHANGES IN UNITS:
Beginning units		83,442			98,440			100,085			128,055			72,248			76,999			26,275			31,161
Units purchased		1,370			2,392			4,813			3,780			4,458			9,453			530			13,284
Units redeemed		(14,233	)		(17,390	)		(10,561	)		(31,750	)		(12,031	)		(14,204	)		(2,375	)		(18,170	)
Ending units		70,579			83,442			94,337			100,085			64,675			72,248			24,430			26,275

	ACVMV1						ACVU1						DVSCS						DCAP
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	28,014			25,873			100			(407	)		7,486			4,772			46,475			54,864
Realized gain (loss) on investments		98,944			124,885			(7,850	)		(11,020	)		22,063			147,110			107,490			129,939
Change in unrealized gain (loss) on investments		235,780			(293,336	)		2,571			(3,481	)		301,555			(358,038	)		(467,360	)		(533,137	)
Reinvested capital gains		99,147			104,500			6,385			20,475			171,403			139,707			602,452			218,154
Net increase (decrease) in contract owners’ equity resulting from operations		461,885			(38,078	)		1,206			5,567			502,507			(66,449	)		289,057			(130,180	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		476,218			41,604			-			-			36,806			31,675			126,634			137,931
Transfers between funds		429,312			108,296			(164,971	)		(60,099	)		347,106			170,628			(219,114	)		(120,419	)
Surrenders (note 6)		(429,544	)		(133,552	)		-			-			(123,164	)		(217,205	)		(377,883	)		(211,449	)
Death benefits (note 4)		(51,031	)		(12,414	)		-			-			-			(8,760	)		(75,311	)		(155,546	)
Net policy repayments (loans) (note 5)		(26,981	)		(9,244	)		10,097			7,091			10,353			51,385			6,220			64,303
Deductions for surrender charges (note 2d)		-			-			-			-			-			-			-			-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(80,658	)		(70,124	)		(1,317	)		(2,439	)		(79,870	)		(79,849	)		(196,767	)		(200,179	)
Asset charges (note 3):
MSP contracts		(592	)		(684	)		-			-			(1,015	)		(1,508	)		(1,464	)		(1,597	)
SL contracts or LSFP contracts		(20	)		(12	)		(77	)		(104	)		(866	)		(836	)		(1,921	)		(1,952	)
Adjustments to maintain reserves		(6	)		14			(21	)		4			72			(11	)		89			(6	)
Net equity transactions		316,698			(76,116	)		(156,289	)		(55,547	)		189,422			(54,481	)		(739,517	)		(488,914	)
Net change in contract owners’ equity		778,583			(114,194	)		(155,083	)		(49,980	)		691,929			(120,930	)		(450,460	)		(619,094	)
Contract owners’ equity beginning of period		2,065,583			2,179,777			172,130			222,110			2,033,512			2,154,442			4,253,508			4,872,602
Contract owners’ equity end of period	$	2,844,166			2,065,583			17,047			172,130			2,725,441			2,033,512			3,803,048			4,253,508
CHANGES IN UNITS:
Beginning units		80,976			83,768			8,573			11,928			75,934			78,084			173,129			191,958
Units purchased		18,086			6,980			535			1,924			13,582			11,065			6,983			9,112
Units redeemed		(7,773	)		(9,772	)		(8,299	)		(5,279	)		(8,149	)		(13,215	)		(38,294	)		(27,941	)
Ending units		91,289			80,976			809			8,573			81,367			75,934			141,818			173,129

	DSC						DGI						FVCA2P						FQB
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	(1,739	)		(2,143	)		10,148			5,650			2,152			2,227			36,686			39,368
Realized gain (loss) on investments		(773	)		13,053			28,423			29,660			(1,144	)		(763	)		(3,425	)		(1,960	)
Change in unrealized gain (loss) on investments		16,362			(23,659	)		(79,024	)		(157,860	)		(7,704	)		(12,187	)		5,748			(47,104	)
Reinvested capital gains		34,200			6,502			166,634			140,400			-			221			-			-
Net increase (decrease) in contract owners’ equity resulting from operations		48,050			(6,247	)		126,181			17,850			(6,696	)		(10,502	)		39,009			(9,696	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		17,181			15,603			45,811			50,778			5,009			4,792			42,456			30,237
Transfers between funds		(86,400	)		169,006			10,338			(19,061	)		-			(1,710	)		23,706			(3,104	)
Surrenders (note 6)		(50,611	)		(12,571	)		(87,238	)		(66,854	)		-			-			(71,323	)		(24,382	)
Death benefits (note 4)		-			(4,580	)		(81,224	)		-			(454	)		-			-			(9,695	)
Net policy repayments (loans) (note 5)		5,449			(1,321	)		19,916			21,057			(407	)		(79	)		(18,187	)		(11,483	)
Deductions for surrender charges (note 2d)		-			-			(46	)		-			-			-			-			-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(21,976	)		(22,747	)		(86,885	)		(90,944	)		(2,611	)		(3,185	)		(63,697	)		(64,948	)
Asset charges (note 3):
MSP contracts		(197	)		(165	)		(560	)		(845	)		-			-			(1,058	)		(1,031	)
SL contracts or LSFP contracts		(25	)		(32	)		(751	)		(755	)		(214	)		(237	)		(305	)		(238	)
Adjustments to maintain reserves		(24	)		(5	)		30			(27	)		(3	)		(4	)		49			(31	)
Net equity transactions		(136,603	)		143,188			(180,609	)		(106,651	)		1,320			(423	)		(88,359	)		(84,675	)
Net change in contract owners’ equity		(88,553	)		136,941			(54,428	)		(88,801	)		(5,376	)		(10,925	)		(49,350	)		(94,371	)
Contract owners’ equity beginning of period		438,462			301,521			1,482,509			1,571,310			150,537			161,462			1,173,728			1,268,099
Contract owners’ equity end of period	$	349,909			438,462			1,428,081			1,482,509			145,161			150,537			1,124,378			1,173,728
CHANGES IN UNITS:
Beginning units		21,079			14,105			58,822			63,073			9,042			9,061			68,829			73,842
Units purchased		3,572			9,255			3,086			3,285			418			348			6,581			4,900
Units redeemed		(10,188	)		(2,281	)		(9,994	)		(7,536	)		(329	)		(367	)		(11,503	)		(9,913	)
Ending units		14,463			21,079			51,914			58,822			9,131			9,042			63,907			68,829

	FEIP						FHIP						FAMP						FNRS2
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	646,700			1,026,465			424,420			591,689			91,034			115,379			(466	)		9,246
Realized gain (loss) on investments		(1,056,591	)		(402,953	)		(138,727	)		(500	)		(70,457	)		162,856			(170,914	)		(45,729	)
Change in unrealized gain (loss) on investments		3,998,665			(6,189,751	)		868,142			(1,122,374	)		(245,909	)		(1,155,866	)		597,170			(477,629	)
Reinvested capital gains		2,389,164			3,810,025			-			-			471,667			850,345			-			68,358
Net increase (decrease) in contract owners’ equity resulting from operations		5,977,938			(1,756,214	)		1,153,835			(531,185	)		246,335			(27,286	)		425,790			(445,754	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		1,344,085			1,438,805			386,577			299,021			406,867			432,668			113,230			112,027
Transfers between funds		(235,417	)		(206,502	)		55,714			3,006,712			(148,074	)		333,568			(208,502	)		(13,685	)
Surrenders (note 6)		(2,116,172	)		(2,202,646	)		(715,492	)		(520,832	)		(795,678	)		(1,096,350	)		(131,411	)		(225,083	)
Death benefits (note 4)		(652,600	)		(1,219,798	)		(225,960	)		(121,438	)		(605,577	)		(548,190	)		(3,946	)		(8,814	)
Net policy repayments (loans) (note 5)		239,362			325,513			316,565			40,394			459,651			377,736			25,966			79,645
Deductions for surrender charges (note 2d)		(254	)		(113	)		(247	)		(43	)		(97	)		(83	)		-			-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(2,122,536	)		(2,155,230	)		(558,445	)		(492,558	)		(599,810	)		(631,677	)		(115,650	)		(137,996	)
Asset charges (note 3):
MSP contracts		(16,667	)		(18,778	)		(5,811	)		(6,289	)		(3,445	)		(3,648	)		(413	)		(928	)
SL contracts or LSFP contracts		(4,741	)		(4,988	)		(1,556	)		(3,263	)		(2,017	)		(1,880	)		(237	)		(325	)
Adjustments to maintain reserves		5,178			(1,111	)		847			(166	)		308			(26	)		2			(14	)
Net equity transactions		(3,559,762	)		(4,044,848	)		(747,808	)		2,201,538			(1,287,872	)		(1,137,882	)		(320,961	)		(195,173	)
Net change in contract owners’ equity		2,418,176			(5,801,062	)		406,027			1,670,353			(1,041,537	)		(1,165,168	)		104,829			(640,927	)
Contract owners’ equity beginning of period		36,908,208			42,709,270			8,720,353			7,050,000			11,344,348			12,509,516			1,651,280			2,292,207
Contract owners’ equity end of period	$	39,326,384			36,908,208			9,126,380			8,720,353			10,302,811			11,344,348			1,756,109			1,651,280
CHANGES IN UNITS:
Beginning units		595,714			676,970			235,350			206,871			303,941			333,655			111,198			121,575
Units purchased		27,175			30,449			30,053			198,882			16,465			19,793			9,747			16,834
Units redeemed		(83,870	)		(111,705	)		(41,183	)		(170,403	)		(52,947	)		(49,507	)		(31,889	)		(27,211	)
Ending units		539,019			595,714			224,220			235,350			267,459			303,941			89,056			111,198

	FF10S						FF20S						FF30S						FGP
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	3,512			4,673			13,026			15,351			9,144			12,232			(289,235	)		(185,080	)
Realized gain (loss) on investments		5,817			21,022			12,746			29,487			25,485			38,621			1,839,995			2,319,505
Change in unrealized gain (loss) on investments		(115	)		(31,340	)		5,039			(62,073	)		(12,278	)		(67,399	)		(7,089,419	)		(73,178	)
Reinvested capital gains		8,966			1,127			37,699			5,325			43,426			6,132			5,515,731			1,921,974
Net increase (decrease) in contract owners’ equity resulting from operations		18,180			(4,518	)		68,510			(11,910	)		65,777			(10,414	)		(22,928	)		3,983,221
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		9,918			13,038			42,299			24,615			48,110			48,810			2,139,029			2,347,353
Transfers between funds		26,663			(39,527	)		136,712			31,156			11,728			(8,627	)		(1,715,298	)		(268,945	)
Surrenders (note 6)		(14,825	)		(38,548	)		(37,604	)		(12,974	)		(40,583	)		(68,759	)		(2,750,774	)		(3,504,662	)
Death benefits (note 4)		(11,683	)		(18,675	)		(36,854	)		-			-			-			(649,669	)		(1,594,121	)
Net policy repayments (loans) (note 5)		5			42,014			58,567			2,259			15,766			8,422			655,877			577,027
Deductions for surrender charges (note 2d)		-			-			-			-			-			-			(161	)		(360	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(16,658	)		(17,509	)		(54,406	)		(46,575	)		(66,936	)		(64,537	)		(3,079,115	)		(3,180,837	)
Asset charges (note 3):
MSP contracts		(17	)		(463	)		(516	)		(635	)		(71	)		(73	)		(16,075	)		(16,640	)
SL contracts or LSFP contracts		-			-			-			-			-			-			(10,252	)		(12,231	)
Adjustments to maintain reserves		24			(22	)		45			(9	)		14			(12	)		988			1,224
Net equity transactions		(6,573	)		(59,692	)		108,243			(2,163	)		(31,972	)		(84,776	)		(5,425,450	)		(5,652,192	)
Net change in contract owners’ equity		11,607			(64,210	)		176,753			(14,073	)		33,805			(95,190	)		(5,448,378	)		(1,668,971	)
Contract owners’ equity beginning of period		385,505			449,715			1,200,841			1,214,914			1,114,587			1,209,777			60,469,835			62,138,806
Contract owners’ equity end of period	$	397,112			385,505			1,377,594			1,200,841			1,148,392			1,114,587			55,021,457			60,469,835
CHANGES IN UNITS:
Beginning units		22,917			26,431			69,003			69,148			61,621			66,272			913,368			1,018,407
Units purchased		2,241			3,498			11,747			4,538			5,056			3,856			37,572			48,913
Units redeemed		(2,559	)		(7,012	)		(5,657	)		(4,683	)		(6,794	)		(8,507	)		(139,180	)		(153,952	)
Ending units		22,599			22,917			75,093			69,003			59,883			61,621			811,760			913,368

	FIGBS						FMCS						FOP						FOS
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	39,855			43,599			(5,122	)		(9,907	)		41,687			43,173			27,679			37,855
Realized gain (loss) on investments		(6,431	)		(4,711	)		159,366			557,369			(149,218	)		(102,963	)		(86,373	)		(6,898	)
Change in unrealized gain (loss) on investments		49,125			(64,876	)		130,290			(1,660,050	)		(189,916	)		223,466			(168,309	)		(257,661	)
Reinvested capital gains		1,010			1,695			413,066			998,497			7,794			5,435			5,897			4,086
Net increase (decrease) in contract owners’ equity resulting from operations		83,559			(24,293	)		697,600			(114,091	)		(289,653	)		169,111			(221,106	)		(222,618	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		63,928			66,877			188,543			213,544			13,782			1,284			305,367			241,659
Transfers between funds		256,388			(15,084	)		(192,162	)		(441,243	)		(173,705	)		421,057			(254,158	)		4,245,803
Surrenders (note 6)		(182,121	)		(53,661	)		(564,295	)		(910,113	)		(150,433	)		(439,936	)		(326,775	)		(182,352	)
Death benefits (note 4)		(115,556	)		(6,501	)		(22,128	)		(59,807	)		(144,321	)		(263,819	)		(24,653	)		(8,138	)
Net policy repayments (loans) (note 5)		46,700			11,143			(25,477	)		(46,133	)		89,928			(20,803	)		199,420			(7,202	)
Deductions for surrender charges (note 2d)		-			-			-			-			(5	)		(11	)		(110	)		-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(110,091	)		(104,563	)		(316,381	)		(329,522	)		(169,013	)		(186,820	)		(253,802	)		(172,136	)
Asset charges (note 3):
MSP contracts		(1,839	)		(1,808	)		(1,162	)		(1,475	)		(1,700	)		(2,118	)		(542	)		(400	)
SL contracts or LSFP contracts		(443	)		(399	)		(834	)		(923	)		(2,275	)		(2,081	)		-			-
Adjustments to maintain reserves		8			1			105			39			(92	)		72			56			(21	)
Net equity transactions		(43,026	)		(103,995	)		(933,791	)		(1,575,633	)		(537,834	)		(493,175	)		(355,197	)		4,117,213
Net change in contract owners’ equity		40,533			(128,288	)		(236,191	)		(1,689,724	)		(827,487	)		(324,064	)		(576,303	)		3,894,595
Contract owners’ equity beginning of period		2,067,703			2,195,991			6,883,920			8,573,644			5,235,161			5,559,225			3,894,595			-
Contract owners’ equity end of period	$	2,108,236			2,067,703			6,647,729			6,883,920			4,407,674			5,235,161			3,318,292			3,894,595
CHANGES IN UNITS:
Beginning units		131,784			138,270			170,775			208,483			178,655			200,573			413,370			-
Units purchased		21,195			10,497			6,864			8,013			3,642			133,370			61,619			456,497
Units redeemed		(24,077	)		(16,983	)		(29,814	)		(45,721	)		(21,741	)		(155,288	)		(101,767	)		(43,127	)
Ending units		128,902			131,784			147,825			170,775			160,556			178,655			373,222			413,370

	FVSS						GVGMNS						OVMS						OVB
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	4,259			4,228			(52	)		(93	)		100,300			97,864			109,847			126,741
Realized gain (loss) on investments		54,072			139,072			(82	)		494			(59,635	)		(75,338	)		50,033			(75,210	)
Change in unrealized gain (loss) on investments		14,910			(171,491	)		482			(1,226	)		210,114			(1,770	)		(62,083	)		(34,416	)
Reinvested capital gains		-			776			-			220			-			-			-			-
Net increase (decrease) in contract owners’ equity resulting from operations		73,241			(27,415	)		348			(605	)		250,779			20,756			97,797			17,115
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		23,454			20,227			1,019			766			239,201			254,023			169,683			201,126
Transfers between funds		(106,476	)		(145,229	)		-			(6,259	)		12,781			(205,400	)		(94,486	)		(26,848	)
Surrenders (note 6)		(16,586	)		(27,040	)		-			-			(339,572	)		(344,001	)		(203,808	)		(149,048	)
Death benefits (note 4)		-			(15,175	)		-			-			(138,467	)		(22,106	)		(61,825	)		(44,851	)
Net policy repayments (loans) (note 5)		94,178			8,126			-			-			123,416			102,071			101,393			84,111
Deductions for surrender charges (note 2d)		-			-			-			-			(24	)		(12	)		(3	)		(1	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(47,154	)		(54,918	)		(1,375	)		(1,401	)		(334,915	)		(340,425	)		(240,131	)		(240,925	)
Asset charges (note 3):
MSP contracts		(1,143	)		(913	)		-			-			(3,314	)		(3,691	)		(3,802	)		(3,943	)
SL contracts or LSFP contracts		(162	)		(401	)		-			-			(470	)		(497	)		(601	)		(588	)
Adjustments to maintain reserves		(13	)		(22	)		4			(3	)		240			48			198			52
Net equity transactions		(53,902	)		(215,345	)		(352	)		(6,897	)		(441,124	)		(559,990	)		(333,382	)		(180,915	)
Net change in contract owners’ equity		19,339			(242,760	)		(4	)		(7,502	)		(190,345	)		(539,234	)		(235,585	)		(163,800	)
Contract owners’ equity beginning of period		799,651			1,042,411			10,065			17,567			5,542,256			6,081,490			3,510,320			3,674,120
Contract owners’ equity end of period	$	818,990			799,651			10,061			10,065			5,351,911			5,542,256			3,274,735			3,510,320
CHANGES IN UNITS:
Beginning units		33,099			41,702			904			1,470			158,605			183,102			160,710			168,555
Units purchased		5,580			3,237			93			65			9,840			11,243			10,395			12,549
Units redeemed		(7,576	)		(11,840	)		(124	)		(631	)		(22,858	)		(35,740	)		(24,772	)		(20,394	)
Ending units		31,103			33,099			873			904			145,587			158,605			146,333			160,710

	OVGS						OVIG						OVGI						OVSC
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	107,340			182,046			37			205			8,177			6,675			1,123			4,954
Realized gain (loss) on investments		20,736			429,431			(5,507	)		(3,909	)		43,681			89,456			(198,671	)		46,720
Change in unrealized gain (loss) on investments		(1,700,361	)		(1,359,622	)		(637	)		(947	)		(56,841	)		(258,515	)		327,670			(323,287	)
Reinvested capital gains		1,311,856			1,507,432			375			1,918			147,789			202,345			54,952			191,189
Net increase (decrease) in contract owners’ equity resulting from operations		(260,429	)		759,287			(5,732	)		(2,733	)		142,806			39,961			185,074			(80,424	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		489,551			579,402			2,053			863			27,475			25,332			38,663			37,522
Transfers between funds		(948,644	)		233,870			39,105			32,142			329,761			5,826			(14,152	)		476,114
Surrenders (note 6)		(1,386,141	)		(1,189,006	)		-			-			(146,823	)		(107,514	)		(104,166	)		(101,283	)
Death benefits (note 4)		(142,167	)		(184,933	)		-			-			(974	)		(40,096	)		(658	)		(9,538	)
Net policy repayments (loans) (note 5)		82,619			251,094			(4	)		(419	)		10,574			(70,693	)		(73,653	)		(30,702	)
Deductions for surrender charges (note 2d)		-			(19	)		-			-			-			-			-			-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(849,918	)		(911,681	)		(2,333	)		(924	)		(48,068	)		(44,523	)		(71,732	)		(60,276	)
Asset charges (note 3):
MSP contracts		(7,933	)		(9,602	)		-			-			(2,388	)		(2,641	)		(1,050	)		(794	)
SL contracts or LSFP contracts		(3,138	)		(3,549	)		-			-			(296	)		(284	)		(98	)		(107	)
Adjustments to maintain reserves		325			961			5			(4	)		23			15			(31	)		33
Net equity transactions		(2,765,446	)		(1,233,463	)		38,826			31,658			169,284			(234,578	)		(226,877	)		310,969
Net change in contract owners’ equity		(3,025,875	)		(474,176	)		33,094			28,925			312,090			(194,617	)		(41,803	)		230,545
Contract owners’ equity beginning of period		22,042,019			22,516,195			28,925			-			1,268,544			1,463,161			1,564,620			1,334,075
Contract owners’ equity end of period	$	19,016,144			22,042,019			62,019			28,925			1,580,634			1,268,544			1,522,817			1,564,620
CHANGES IN UNITS:
Beginning units		360,765			377,992			3,100			-			71,846			85,851			44,586			35,640
Units purchased		13,048			22,974			5,650			3,279			21,051			5,004			1,541			15,732
Units redeemed		(60,572	)		(40,201	)		(1,926	)		(179	)		(12,227	)		(19,009	)		(9,241	)		(6,786	)
Ending units		313,241			360,765			6,824			3,100			80,670			71,846			36,886			44,586

	OVAG						OVSB						PMVAAA						PMVRSA
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	(6,481	)		(7,266	)		8,595			11,966			7,942			6,598			55			439
Realized gain (loss) on investments		100,478			81,600			(6,046	)		(4,364	)		(8,641	)		(3,708	)		(501	)		(1,309	)
Change in unrealized gain (loss) on investments		(160,622	)		(116,841	)		8,036			(13,731	)		35,193			(26,297	)		1,461			(1,452	)
Reinvested capital gains		83,350			101,136			-			-			-			-			-			-
Net increase (decrease) in contract owners’ equity resulting from operations		16,725			58,629			10,585			(6,129	)		34,494			(23,407	)		1,015			(2,322	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		37,426			42,732			22,113			22,510			123,457			9,488			298			321
Transfers between funds		(54,702	)		115,506			(22,431	)		2,218			82,557			19,473			6,816			5,393
Surrenders (note 6)		(125,281	)		(56,776	)		(19,948	)		(5,275	)		(19,304	)		-			-			-
Death benefits (note 4)		(8,415	)		(1,136	)		(211	)		(14,856	)		-			-			-			-
Net policy repayments (loans) (note 5)		5,207			11,181			1,773			2,185			1,159			5,546			(429	)		(281	)
Deductions for surrender charges (note 2d)		-			-			-			-			-			-			-			-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(55,619	)		(62,274	)		(11,865	)		(12,407	)		(11,885	)		(13,568	)		(529	)		(997	)
Asset charges (note 3):
MSP contracts		(22	)		(142	)		(97	)		(222	)		-			-			-			-
SL contracts or LSFP contracts		(186	)		(191	)		(43	)		(42	)		-			-			-			-
Adjustments to maintain reserves		26			3			5			(2	)		(8	)		3			(1	)		(4	)
Net equity transactions		(201,566	)		48,903			(30,704	)		(5,891	)		175,976			20,942			6,155			4,432
Net change in contract owners’ equity		(184,841	)		107,532			(20,119	)		(12,020	)		210,470			(2,465	)		7,170			2,110
Contract owners’ equity beginning of period		1,169,704			1,062,172			212,353			224,373			210,416			212,881			6,542			4,432
Contract owners’ equity end of period	$	984,863			1,169,704			192,234			212,353			420,886			210,416			13,712			6,542
CHANGES IN UNITS:
Beginning units		118,599			114,268			21,107			21,672			21,824			19,994			1,195			598
Units purchased		4,925			15,237			2,372			4,610			20,184			3,532			1,158			1,089
Units redeemed		(26,141	)		(10,906	)		(5,463	)		(5,175	)		(3,171	)		(1,702	)		(167	)		(492	)
Ending units		97,383			118,599			18,016			21,107			38,837			21,824			2,186			1,195

	PMVFBA						PMVLDA						PMVTRA						PVGIB
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	1,835			3,185			16,949			48,109			15,626			44,419			1,081			3,155
Realized gain (loss) on investments		(17,724	)		(8,718	)		(6,325	)		1,137			(13,685	)		364			(1,136	)		28,080
Change in unrealized gain (loss) on investments		27,213			(20,022	)		4,789			(50,075	)		24,671			(57,648	)		9,023			(39,501	)
Reinvested capital gains		-			802			-			-			-			10,634			2,745			-
Net increase (decrease) in contract owners’ equity resulting from operations		11,324			(24,753	)		15,413			(829	)		26,612			(2,231	)		11,713			(8,266	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		9,909			13,453			44,750			37,203			16,969			26,361			4,533			3,679
Transfers between funds		39,210			(4,286	)		8,736			(26,513	)		(165,692	)		62,383			(988	)		(119,335	)
Surrenders (note 6)		(121,127	)		(21,726	)		(63,248	)		(22,206	)		(61,820	)		(85,834	)		(331	)		-
Death benefits (note 4)		(3,338	)		-			(31,863	)		(8,675	)		-			-			-			-
Net policy repayments (loans) (note 5)		20,366			1,497			(21,943	)		(22,294	)		(364	)		69,604			(6,049	)		(4,341	)
Deductions for surrender charges (note 2d)		-			-			-			-			-			-			-			-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(14,426	)		(15,311	)		(67,590	)		(63,465	)		(35,104	)		(39,752	)		(7,540	)		(8,809	)
Asset charges (note 3):
MSP contracts		-			-			(3,256	)		(3,374	)		-			-			(20	)		(66	)
SL contracts or LSFP contracts		-			-			-			-			-			-			(8	)		(9	)
Adjustments to maintain reserves		17			(29	)		24			(89	)		98			(127	)		11			(35	)
Net equity transactions		(69,389	)		(26,402	)		(134,390	)		(109,413	)		(245,913	)		32,635			(10,392	)		(128,916	)
Net change in contract owners’ equity		(58,065	)		(51,155	)		(118,977	)		(110,242	)		(219,301	)		30,404			1,321			(137,182	)
Contract owners’ equity beginning of period		290,325			341,480			1,557,147			1,667,389			986,434			956,030			91,976			229,158
Contract owners’ equity end of period	$	232,260			290,325			1,438,170			1,557,147			767,133			986,434			93,297			91,976
CHANGES IN UNITS:
Beginning units		25,040			27,237			127,195			136,114			88,806			86,019			4,323			9,899
Units purchased		4,503			1,737			6,178			5,569			2,628			10,378			619			232
Units redeemed		(9,988	)		(3,934	)		(17,136	)		(14,488	)		(23,824	)		(7,591	)		(1,088	)		(5,808	)
Ending units		19,555			25,040			116,237			127,195			67,610			88,806			3,854			4,323

	PVGOB					PVTIGB						PVTVB						ACEG
	2016			2015		2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	(211	)		-		5,476			1,742			2,606			2,814			(135	)		(134	)
Realized gain (loss) on investments		94			-		(20,265	)		24,336			(60,618	)		15,912			573			3,166
Change in unrealized gain (loss) on investments		2,455			-		3,073			(30,299	)		35,794			(128,136	)		(4,892	)		(171	)
Reinvested capital gains		-			-		-			-			15,335			71,876			7,205			357
Net increase (decrease) in contract owners’ equity resulting from operations		2,338			-		(11,716	)		(4,221	)		(6,883	)		(37,534	)		2,751			3,218
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		923			-		6,954			7,553			12,968			13,715			1,299			1,494
Transfers between funds		343,261			-		(21,171	)		13,032			(523,299	)		138,317			17,139			(6,477	)
Surrenders (note 6)		1			-		(22,038	)		(36,097	)		(2,747	)		-			(1,614	)		-
Death benefits (note 4)		-			-		-			-			(5,189	)		(9,256	)		-			-
Net policy repayments (loans) (note 5)		(4,388	)		-		1,586			1,787			(14,519	)		(6,012	)		(75	)		(40	)
Deductions for surrender charges (note 2d)		-			-		-			-			-			-			-			-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(2,296	)		-		(11,909	)		(13,951	)		(16,820	)		(20,379	)		(4,488	)		(4,260	)
Asset charges (note 3):
MSP contracts		-			-		-			-			(19	)		(150	)		(114	)		-
SL contracts or LSFP contracts		-			-		(101	)		(84	)		(6	)		(8	)		(127	)		(135	)
Adjustments to maintain reserves		(6	)		-		9			(3	)		(8	)		16			24			(14	)
Net equity transactions		337,495			-		(46,670	)		(27,763	)		(549,639	)		116,243			12,044			(9,432	)
Net change in contract owners’ equity		339,833			-		(58,386	)		(31,984	)		(556,522	)		78,709			14,795			(6,214	)
Contract owners’ equity beginning of period		-			-		240,722			272,706			556,522			477,813			66,675			72,889
Contract owners’ equity end of period	$	339,833			-		182,336			240,722			-			556,522			81,470			66,675
CHANGES IN UNITS:
Beginning units		-			-		11,932			13,518			23,414			18,772			4,318			4,951
Units purchased		34,283			-		584			1,353			866			7,110			1,343			201
Units redeemed		(761	)		-		(3,222	)		(2,939	)		(24,280	)		(2,468	)		(498	)		(834	)
Ending units		33,522			-		9,294			11,932			-			23,414			5,163			4,318

	AVBVI						AVMCCI						RVARS						TRHS2
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	15			122			(3	)		(9	)		(180	)		(3	)		(25,693	)		(30,718	)
Realized gain (loss) on investments		72			289			(10	)		(3,434	)		(75	)		446			102,736			780,100
Change in unrealized gain (loss) on investments		(533	)		(1,241	)		61			2,567			(107	)		(105	)		(800,925	)		(566,064	)
Reinvested capital gains		1,133			341			56			85			-			-			34,740			472,752
Net increase (decrease) in contract owners’ equity resulting from operations		687			(489	)		104			(791	)		(362	)		338			(689,142	)		656,070
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		-			-			45			445			367			119			266,832			284,406
Transfers between funds		141			136			3			(29,434	)		599			43,595			(559,948	)		854,894
Surrenders (note 6)		-			-			-			-			-			-			(435,848	)		(419,357	)
Death benefits (note 4)		-			-			-			-			-			-			(45,205	)		(204,755	)
Net policy repayments (loans) (note 5)		-			-			-			-			(7,873	)		(62	)		(5,389	)		(61,264	)
Deductions for surrender charges (note 2d)		-			-			-			-			-			-			-			-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(672	)		(959	)		(106	)		(285	)		(967	)		(553	)		(311,332	)		(327,608	)
Asset charges (note 3):
MSP contracts		-			-			-			-			-			-			(3,914	)		(5,006	)
SL contracts or LSFP contracts		(20	)		(24	)		-			-			-			-			-			-
Adjustments to maintain reserves		11			(6	)		(10	)		6			(2	)		2			80			47
Net equity transactions		(540	)		(853	)		(68	)		(29,268	)		(7,876	)		43,101			(1,094,724	)		121,357
Net change in contract owners’ equity		147			(1,342	)		36			(30,059	)		(8,238	)		43,439			(1,783,866	)		777,427
Contract owners’ equity beginning of period		3,982			5,324			842			30,901			50,409			6,970			6,257,127			5,479,700
Contract owners’ equity end of period	$	4,129			3,982			878			842			42,171			50,409			4,473,261			6,257,127
CHANGES IN UNITS:
Beginning units		202			242			66			2,314			4,795			672			188,201			184,423
Units purchased		9			6			3			33			1,613			4,185			9,875			33,113
Units redeemed		(34	)		(46	)		(8	)		(2,281	)		(2,355	)		(62	)		(46,708	)		(29,335	)
Ending units		177			202			61			66			4,053			4,795			151,368			188,201

	TRLT2						VWBF						VWEM						VWHA
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	775			523			(7,230	)		75,357			(1,073	)		5,093			(6,253	)		(23,886	)
Realized gain (loss) on investments		(926	)		(61	)		(48,685	)		(93,928	)		(207,266	)		74,658			(741,739	)		(286,658	)
Change in unrealized gain (loss) on investments		769			(486	)		114,888			(157,207	)		165,235			(1,126,907	)		2,073,851			(1,334,368	)
Reinvested capital gains		-			-			-			-			19,742			299,770			-			-
Net increase (decrease) in contract owners’ equity resulting from operations		618			(24	)		58,973			(175,778	)		(23,362	)		(747,386	)		1,325,859			(1,644,912	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		-			-			51,909			47,891			107,005			95,026			166,887			140,111
Transfers between funds		2,624			25,704			(12,546	)		(22,257	)		(118,942	)		(225,939	)		247,699			(20,427	)
Surrenders (note 6)		-			-			(39,911	)		(100,619	)		(117,628	)		(814,084	)		(366,453	)		(630,967	)
Death benefits (note 4)		-			-			(6,175	)		(37,870	)		(6,046	)		(103,245	)		(7,824	)		(141,541	)
Net policy repayments (loans) (note 5)		-			-			20,541			(1,031	)		(26,859	)		157,014			3,737			159,866
Deductions for surrender charges (note 2d)		-			-			-			-			(32	)		(52	)		-			(17	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(2,634	)		(682	)		(72,337	)		(70,502	)		(185,190	)		(230,156	)		(209,135	)		(211,633	)
Asset charges (note 3):
MSP contracts		-			-			(351	)		(556	)		(1,223	)		(1,810	)		(1,735	)		(2,473	)
SL contracts or LSFP contracts		(218	)		(176	)		(113	)		(117	)		(935	)		(1,980	)		(465	)		(524	)
Adjustments to maintain reserves		9			(3	)		7			-			67			(19	)		3,605			(4,160	)
Net equity transactions		(219	)		24,843			(58,976	)		(185,061	)		(349,783	)		(1,125,245	)		(163,684	)		(711,765	)
Net change in contract owners’ equity		399			24,819			(3	)		(360,839	)		(373,145	)		(1,872,631	)		1,162,175			(2,356,677	)
Contract owners’ equity beginning of period		62,169			37,350			1,042,936			1,403,775			4,035,452			5,908,083			3,199,985			5,556,662
Contract owners’ equity end of period	$	62,568			62,169			1,042,933			1,042,936			3,662,307			4,035,452			4,362,160			3,199,985
CHANGES IN UNITS:
Beginning units		4,821			2,898			49,553			58,400			156,813			194,813			112,466			132,220
Units purchased		196			1,989			3,384			3,178			6,603			7,199			14,996			9,456
Units redeemed		(219	)		(66	)		(6,103	)		(12,025	)		(20,570	)		(45,199	)		(18,174	)		(29,210	)
Ending units		4,798			4,821			46,834			49,553			142,846			156,813			109,288			112,466

	WRASP						WRHIP						WRMCG						SVDF
	2016			2015			2016			2015			2016			2015			2016			2015
Investment activity:
Net investment income (loss)	$	1,549			(3,297	)		41,034			80,513			(1,456	)		(1,695	)		(4,949	)		(6,636	)
Realized gain (loss) on investments		(89,465	)		(26,490	)		(18,017	)		(115,899	)		(9,894	)		(355	)		(3,951	)		27,298
Change in unrealized gain (loss) on investments		26,429			(614,979	)		76,337			(54,391	)		9,310			(45,330	)		(1,619	)		(175,037	)
Reinvested capital gains		-			434,781			-			14,628			14,594			26,697			48,360			132,761
Net increase (decrease) in contract owners’ equity resulting from operations		(61,487	)		(209,985	)		99,354			(75,149	)		12,554			(20,683	)		37,841			(21,614	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		84,409			79,066			12,606			18,498			5,784			8,840			4,917			3,785
Transfers between funds		(257,817	)		(296,991	)		123,209			46,177			63,427			(8,966	)		415			4,208
Surrenders (note 6)		(31,773	)		(60,495	)		(58,560	)		(125,732	)		(31,653	)		(13,784	)		(83,707	)		-
Death benefits (note 4)		(38,889	)		(9,155	)		(1,899	)		-			-			-			-			(44,392	)
Net policy repayments (loans) (note 5)		20,281			(3,461	)		11,638			66,580			(755	)		8			2,691			283
Deductions for surrender charges (note 2d)		-			-			-			-			-			-			-			-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(77,816	)		(87,749	)		(38,777	)		(47,877	)		(8,281	)		(9,667	)		(17,112	)		(17,922	)
Asset charges (note 3):
MSP contracts		(1,066	)		(1,420	)		-			-			-			-			-			-
SL contracts or LSFP contracts		-			-			-			-			-			-			(560	)		(696	)
Adjustments to maintain reserves		26			(33	)		11			13			15			1			(997	)		(8	)
Net equity transactions		(302,645	)		(380,238	)		48,228			(42,341	)		28,537			(23,568	)		(94,353	)		(54,742	)
Net change in contract owners’ equity		(364,132	)		(590,223	)		147,582			(117,490	)		41,091			(44,251	)		(56,512	)		(76,356	)
Contract owners’ equity beginning of period		2,140,775			2,730,998			606,128			723,618			299,417			343,668			743,396			819,752
Contract owners’ equity end of period	$	1,776,643			2,140,775			753,710			606,128			340,508			299,417			686,884			743,396
CHANGES IN UNITS:
Beginning units		141,615			164,815			53,801			59,740			22,753			24,481			20,962			22,700
Units purchased		6,934			6,228			9,026			4,347			5,686			1,324			496			514
Units redeemed		(27,217	)		(29,428	)		(4,948	)		(10,286	)		(3,930	)		(3,052	)		(3,213	)		(2,252	)
Ending units		121,332			141,615			57,879			53,801			24,509			22,753			18,245			20,962

	SVOF						WFVSCG						FHIPR					FOSR
	2016			2015			2016			2015			2016		2015			2016		2015
Investment activity:
Net investment income (loss)	$	19,477			(7,280	)		(1,696	)		(2,193	)		-		2,635			-		(6,780	)
Realized gain (loss) on investments		73,610			53,297			(39,311	)		18,931			-		23,751			-		980,873
Change in unrealized gain (loss) on investments		(83,504	)		(260,810	)		23,152			(93,222	)		-		131,850			-		(593,089	)
Reinvested capital gains		139,265			160,423			30,618			51,715			-		-			-		-
Net increase (decrease) in contract owners’ equity resulting from operations		148,848			(54,370	)		12,763			(24,769	)		-		158,236			-		381,004
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		8,834			8,302			9,713			12,349			-		125,461			-		132,247
Transfers between funds		(3,082	)		(224	)		(39,306	)		124,807			-		(3,747,934	)		-		(4,457,130	)
Surrenders (note 6)		(112,132	)		(18,405	)		(39,037	)		(20,610	)		-		(265,726	)		-		(94,188	)
Death benefits (note 4)		(36,218	)		(8,965	)		(570	)		(29,952	)		-		(33,659	)		-		(70,540	)
Net policy repayments (loans) (note 5)		15,881			(2,951	)		(2,123	)		10,685			-		246,357			-		60,200
Deductions for surrender charges (note 2d)		(10	)		-			-			-			-		(33	)		-		-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(53,964	)		(54,363	)		(20,276	)		(21,524	)		-		(99,240	)		-		(83,518	)
Asset charges (note 3):
MSP contracts		-			-			(160	)		(162	)		-		(623	)		-		(356	)
SL contracts or LSFP contracts		(1,903	)		(2,164	)		-			-			-		-			-		(392	)
Adjustments to maintain reserves		1,558			(416	)		(27	)		12			-		30			-		12
Net equity transactions		(181,036	)		(79,186	)		(91,786	)		75,605			-		(3,775,367	)		-		(4,513,665	)
Net change in contract owners’ equity		(32,188	)		(133,556	)		(79,023	)		50,836			-		(3,617,131	)		-		(4,132,661	)
Contract owners’ equity beginning of period		1,439,222			1,572,778			413,663			362,827			-		3,617,131			-		4,132,661
Contract owners’ equity end of period	$	1,407,034			1,439,222			334,640			413,663			-		-			-		-
CHANGES IN UNITS:
Beginning units		49,909			52,233			17,346			14,713			-		243,156			-		261,702
Units purchased		464			465			551			5,225			-		13,303			-		11,357
Units redeemed		(5,316	)		(2,789	)		(4,789	)		(2,592	)		-		(256,459	)		-		(273,059	)
Ending units		45,057			49,909			13,108			17,346			-		-			-		-

	CAF						AMTG					MIGIC					ACVI3
	2016			2015			2016		2015			2016		2015			2016		2015
Investment activity:
Net investment income (loss)	$	(6,497	)		(31,881	)		-		(9,057	)		-		1,690			-		645
Realized gain (loss) on investments		4,514,103			759,586			-		903,446			-		43,470			-		46,035
Change in unrealized gain (loss) on investments		(5,721,284	)		(1,845,217	)		-		(812,862	)		-		(62,627	)		-		(33,377	)
Reinvested capital gains		1,125,493			1,681,069			-		-			-		20,840			-		-
Net increase (decrease) in contract owners’ equity resulting from operations		(88,185	)		563,557			-		81,527			-		3,373			-		13,303
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		251,864			786,033			-		24,258			-		2,288			-		1,946
Transfers between funds		(13,343,497	)		26,371			-		(1,790,324	)		-		(242,602	)		-		(184,765	)
Surrenders (note 6)		(161,197	)		(1,082,657	)		-		(37,420	)		-		-			-		-
Death benefits (note 4)		(13,105	)		(195,468	)		-		(236,093	)		-		-			-		(25	)
Net policy repayments (loans) (note 5)		58,877			205,659			-		94,440			-		965			-		-
Deductions for surrender charges (note 2d)		-			(59	)		-		-			-		-			-		-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(303,455	)		(966,120	)		-		(44,826	)		-		(3,982	)		-		(1,937	)
Asset charges (note 3):
MSP contracts		(888	)		(3,196	)		-		-			-		-			-		-
SL contracts or LSFP contracts		(659	)		(2,238	)		-		(2,638	)		-		(6	)		-		(417	)
Adjustments to maintain reserves		(2,467	)		125			-		(3,500	)		-		4			-		8
Net equity transactions		(13,514,527	)		(1,231,550	)		-		(1,996,103	)		-		(243,333	)		-		(185,190	)
Net change in contract owners’ equity		(13,602,712	)		(667,993	)		-		(1,914,576	)		-		(239,960	)		-		(171,887	)
Contract owners’ equity beginning of period		13,602,712			14,270,705			-		1,914,576			-		239,960			-		171,887
Contract owners’ equity end of period	$	-			13,602,712			-		-			-		-			-		-
CHANGES IN UNITS:
Beginning units		415,809			455,264			-		111,027			-		9,468			-		9,678
Units purchased		9,679			35,762			-		-			-		159			-		104
Units redeemed		(425,488	)		(75,217	)		-		(111,027	)		-		(9,627	)		-		(9,782	)
Ending units		-			415,809			-		-			-		-			-		-

	AMBP					AMFAS
	2016		2015			2016		2015
Investment activity:
Net investment income (loss)	$	-		(196	)		-		(781	)
Realized gain (loss) on investments		-		3,551			-		(1,073	)
Change in unrealized gain (loss) on investments		-		(10,009	)		-		(26,548	)
Reinvested capital gains		-		7,671			-		26,722
Net increase (decrease) in contract owners’ equity resulting from operations		-		1,017			-		(1,680	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		-		1,358			-		3,497
Transfers between funds		-		(38,634	)		-		(187,957	)
Surrenders (note 6)		-		-			-		(6,452	)
Death benefits (note 4)		-		-			-		-
Net policy repayments (loans) (note 5)		-		249			-		(368	)
Deductions for surrender charges (note 2d)		-		-			-		-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		-		(2,304	)		-		(6,678	)
Asset charges (note 3):
MSP contracts		-		-			-		-
SL contracts or LSFP contracts		-		-			-		(26	)
Adjustments to maintain reserves		-		(20	)		-		(23	)
Net equity transactions		-		(39,351	)		-		(198,007	)
Net change in contract owners’ equity		-		(38,334	)		-		(199,687	)
Contract owners’ equity beginning of period		-		38,334			-		199,687
Contract owners’ equity end of period	$	-		-			-		-
CHANGES IN UNITS:
Beginning units		-		1,939			-		9,561
Units purchased		-		81			-		199
Units redeemed		-		(2,020	)		-		(9,760	)
Ending units		-		-			-		-

See accompanying notes to financial statements.

NATIONWIDE VLI SEPARATE ACCOUNT-2

NOTES TO FINANCIAL STATEMENTS

December 31, 2016

(1) Background and Summary of Significant Accounting Policies

(a) Organization and Nature of Operations

The Nationwide VLI Separate Account-2 (the Account) was established pursuant to a resolution of the Board of Directors of Nationwide Life Insurance Company (the Company) on May 7, 1987. The Account is registered as a unit investment trust under the Investment Company Act of 1940. The Account is an Investment Company and follows accounting and reporting guidance under Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 946, Financial Services - Investment Companies. The Company offers Single Premium, Modified Single Premium, Flexible Premium and Last Survivor Flexible Premium Variable Life Insurance Policies through the Account. The primary distribution for the contracts is through the brokerage community; however, other distributors may be utilized.

(b) The Contracts

Prior to December 31, 1990, only contracts without a front-end sales charge and certain other fees, were offered for purchase. Beginning December 31, 1990, contracts with a front-end sales charge and certain other fees, are offered for purchase. See note 2 for a discussion of policy charges and note 3 for asset charges.

With certain exceptions, contract owners may invest in the following:

AB FUNDS

VPS Dynamic Asset Allocation Portfolio - Class A (ALVDAA)

VPS Growth and Income Portfolio - Class A (ALVGIA)

VPS Small/Mid Cap Value Portfolio - Class A (ALVSVA)

BLACKROCK FUNDS

Global Allocation V.I. Fund - Class II (MLVGA2)

DELAWARE GROUP

VIP Small Cap Value Series: Service Class (DWVSVS)

DIMENSIONAL FUND ADVISORS INC.

VA Inflation-Protected Securities Portfolio (DFVIPS)

DREYFUS CORPORATION

Stock Index Fund, Inc. - Initial Shares (DSIF)

Socially Responsible Growth Fund Inc - Initial Shares (DSRG)

Appreciation Portfolio - Initial Shares (DCAP)

Opportunistic Small Cap Portfolio: Initial Shares (DSC)

Growth and Income Portfolio - Initial Shares (DGI)

Small Cap Stock Index Portfolio - Service Shares (DVSCS)

DEUTSCHE ASSET & WEALTH MANAGEMENT

Global Income Builder VIP - Class A (DSGIBA)

FRANKLIN TEMPLETON DISTRIBUTORS, INC.

Franklin Income Securities Fund - Class 2 (FTVIS2)

Rising Dividends Securities Fund - Class 1 (FTVRDI)

Small Cap Value Securities Fund - Class 1 (FTVSVI)

Templeton Developing Markets Securities Fund - Class 2 (FTVDM2)

Templeton Foreign Securities Fund - Class 1 (TIF)

Templeton Foreign Securities Fund - Class 2 (TIF2)

Templeton Global Bond Securities Fund - Class 2 (FTVGI2)

VIP Founding Funds Allocation Fund - Class 2 (FTVFA2)

INVESCO INVESTMENTS

Van Kampen V.I. Mid Cap Growth Fund - Series I Shares (IVKMG1)

Balanced-Risk Allocation Fund: Series I Shares (IVBRA1)

VI American Franchise Fund - Series I Shares (ACEG)

VI Value Opportunities Fund - Series I Shares (AVBVI)

VI Mid Cap Core Equity Fund: Series I Shares (AVMCCI)

JANUS FUNDS

Balanced Portfolio: Service Shares (JABS)

Forty Portfolio: Service Shares (JACAS)

Global Technology Portfolio: Service Shares (JAGTS)

Overseas Portfolio: Service Shares (JAIGS)

LORD ABBETT FUNDS

Series Fund, Inc. - Total Return Portfolio - Class VC (LOVTRC)

MASSACHUSETTS FINANCIAL SERVICES CO.

Var Insurance Trust II - MFS Investors Growth Stock Portfolio: Initial Class (MV2IGI)

Variable Insurance Trust - MFS New Discovery Series - Intital Class (MNDIC)

Value Series - Initial Class (MVFIC)

MORGAN STANLEY

Core Plus Fixed Income Portfolio - Class I (MSVFI)

Emerging Markets Debt Portfolio - Class I (MSEM)

U.S. Real Estate Portfolio - Class I (MSVRE)

NATIONWIDE FUNDS GROUP

NVIT Investor Destinations Managed Growth and Income Class I (IDPGI)*

NVIT Investor Destinations Managed Growth Class I (IDPG)*

NVIT Cardinal Managed Growth and Income Class I (NCPGI)*

NVIT Cardinal Managed Growth Class I (NCPG)*

NVIT Bond Index Fund Class I (NVBX)

NVIT International Index Fund Class I (NVIX)

American Century NVIT Multi Cap Value Fund - Class I (NVAMV1)

American Funds NVIT Asset Allocation Fund - Class II (GVAAA2)

American Funds NVIT Bond Fund - Class II (GVABD2)

American Funds NVIT Global Growth Fund - Class II (GVAGG2)

American Funds NVIT Growth Fund - Class II (GVAGR2)

American Funds NVIT Growth-Income Fund - Class II (GVAGI2)

Federated NVIT High Income Bond Fund - Class I (HIBF)

NVIT Emerging Markets Fund - Class I (GEM)

NVIT International Equity Fund - Class I (GIG)

Neuberger Berman NVIT Multi Cap Opportunities Fund - Class I (NVNMO1)

Neuberger Berman NVIT Socially Responsible Fund - Class I (NVNSR1)

Neuberger Berman NVIT Socially Responsible Fund - Class II (NVNSR2)*

NVIT Cardinal Aggressive Fund - Class I (NVCRA1)

NVIT Cardinal Balanced Fund - Class I (NVCRB1)

NVIT Cardinal Capital Appreciation Fund - Class I (NVCCA1)

NVIT Cardinal Conservative Fund - Class I (NVCCN1)

NVIT Cardinal Moderate Fund - Class I (NVCMD1)

NVIT Cardinal Moderately Aggressive Fund - Class I (NVCMA1)

NVIT Cardinal Moderately Conservative Fund - Class I (NVCMC1)

NVIT Core Bond Fund - Class I (NVCBD1)

NVIT Core Plus Bond Fund - Class I (NVLCP1)

NVIT Nationwide Fund - Class I (TRF)

NVIT Government Bond Fund - Class I (GBF)

NVIT International Index Fund - Class II (GVIX2)

NVIT Investor Destinations Aggressive Fund - Class II (GVIDA)

NVIT Investor Destinations Balanced Fund - Class II (NVDBL2)

NVIT Investor Destinations Capital Appreciation Fund - Class II (NVDCA2)

NVIT Investor Destinations Conservative Fund - Class II (GVIDC)

NVIT Investor Destinations Moderate Fund - Class II (GVIDM)

NVIT Investor Destinations Moderately Aggressive Fund - Class II (GVDMA)

NVIT Investor Destinations Moderately Conservative Fund - Class II (GVDMC)

NVIT Mid Cap Index Fund - Class I (MCIF)

NVIT Money Market Fund - Class I (SAM)

NVIT Multi-Manager International Growth Fund - Class I (NVMIG1)

NVIT Multi-Manager International Value Fund - Class I (GVDIVI)

NVIT Multi-Manager Large Cap Growth Fund - Class I (NVMLG1)

NVIT Multi-Manager Large Cap Value Fund - Class I (NVMLV1)

NVIT Multi-Manager Mid Cap Growth Fund - Class I (NVMMG1)

NVIT Multi-Manager Mid Cap Value Fund - Class II (NVMMV2)

NVIT Multi-Manager Small Cap Growth Fund - Class I (SCGF)

NVIT Multi-Manager Small Cap Value Fund - Class I (SCVF)

NVIT Multi-Manager Small Company Fund - Class I (SCF)

NVIT Multi-Sector Bond Fund - Class I (MSBF)

NVIT Short Term Bond Fund - Class II (NVSTB2)

NVIT Large Cap Growth Fund - Class I (NVOLG1)

Templeton NVIT International Value Fund - Class III (NVTIV3)

Invesco NVIT Comstock Value Fund - Class I (EIF)

NVIT Real Estate Fund - Class I (NVRE1)

Loring Ward NVIT Capital Appreciation Fund - Class P (NVLCAP)

Loring Ward NVIT Moderate Fund - Class P (NVLMP)

NVIT Small Cap Index Fund Class II (NVSIX2)

NVIT S&P 500 Index Fund Class I (GVEX1)

NEUBERGER & BERMAN MANAGEMENT, INC.

Short Duration Bond Portfolio - I Class Shares (AMTB)

Guardian Portfolio - I Class Shares (AMGP)

International Portfolio - S Class Shares (AMINS)

Mid-Cap Growth Portfolio - I Class Shares (AMCG)

Mid-Cap Growth Portfolio - S Class Shares (AMMCGS)

Advisers Management Trust: Large Cap Value Portfolio - Class I (AMTP)

Advisers Management Trust: Mid Cap Intrinsic Value Portfolio - Class S (AMRS)

Socially Responsive Portfolio - I Class Shares (AMSRS)

NORTHERN LIGHTS

TOPS Managed Risk Balanced ETF Portfolio - Class 3 (NOTB3)

TOPS Managed Risk Growth ETF Portfolio - Class 3 (NOTG3)

TOPS Managed Risk Moderate Growth ETF Portfolio - Class 3 (NOTMG3)*

AMERICAN CENTURY INVESTORS INC.

VP Balanced Fund - Class I (ACVB)

VP Capital Appreciation Fund - Class I (ACVCA)

VP Income & Growth Fund - Class I (ACVIG)

VP Inflation Protection Fund - Class II (ACVIP2)

VP International Fund - Class I (ACVI)

VP Mid Cap Value Fund - Class I (ACVMV1)

VP Ultra(R) Fund - Class I (ACVU1)

VP Value Fund - Class I (ACVV)*

FEDERATED INVESTORS

Managed Tail Risk Fund II: Primary Shares (FVCA2P)

Quality Bond Fund II - Primary Shares (FQB)

FIDELITY INVESTMENTS

Equity-Income Portfolio - Initial Class (FEIP)

High Income Portfolio - Initial Class (FHIP)

VIP Asset Manager Portfolio - Initial Class (FAMP)

VIP Contrafund(R) Portfolio - Initial Class (FCP)*

VIP Energy Portfolio - Service Class 2 (FNRS2)

VIP Freedom Fund 2010 Portfolio - Service Class (FF10S)

VIP Freedom Fund 2020 Portfolio - Service Class (FF20S)

VIP Freedom Fund 2030 Portfolio - Service Class (FF30S)

VIP Growth Opportunities Portfolio - Initial Class (FGOP)*

VIP Growth Portfolio - Initial Class (FGP)

VIP Investment Grade Bond Portfolio - Service Class (FIGBS)

VIP Mid Cap Portfolio - Service Class (FMCS)

VIP Overseas Portfolio - Initial Class (FOP)

VIP Overseas Portfolio - Service Class (FOS)

VIP Value Strategies Portfolio - Service Class (FVSS)

GOLDMAN SACHS ASSET MANAGEMENT GROUP

Goldman Sachs Global Markets Navigator Fund - Service Shares (GVGMNS)

OPPENHEIMER FUNDS

Capital Income Fund/VA - Non-Service Shares (OVMS)

Capital Appreciation Fund/VA - Non-Service Shares (OVGR)*

Core Bond Fund/VA - Non-Service Shares (OVB)

Global Securities Fund/VA - Non-Service Shares (OVGS)

International Growth Fund/VA - Non-Service Shares (OVIG)

Main Street Fund(R)/VA - Non-Service Shares (OVGI)

Main Street Small- & Mid-Cap Fund(R)/VA - Non-Service Shares (OVSC)

Discovery Mid Cap Growth Fund/VA - Non-Service Shares (OVAG)

Global Strategic Income Fund/VA: Non-service Shares (OVSB)

PIMCO FUNDS

All Asset Portfolio - Administrative Class (PMVAAA)

CommodityRealReturn(R) Strategy Portfolio - Administrative Class (PMVRSA)

Foreign Bond Portfolio (Unhedged) - Administrative Class (PMVFBA)

Low Duration Portfolio - Administrative Class (PMVLDA)

Total Return Portfolio - Administrative Class (PMVTRA)

PUTNAM INVESTMENTS

VT Growth & Income Fund: Class IB (PVGIB)

VT Growth Opportunities Fund: Class IB (PVGOB)

VT International Equity Fund: Class IB (PVTIGB)

GUGGENHEIM INVESTMENTS

Variable Fund - Multi-Hedge Strategies (RVARS)

T. ROWE PRICE

Blue Chip Growth Portfolio - II (TRBCG2)*

Equity Income Portfolio - II (TREI2)*

Health Sciences Portfolio - II (TRHS2)

Limited-Term Bond Portfolio - II (TRLT2)

VAN ECK ASSOCIATES CORPORATION

VIP Trust - Unconstrained Emerging Markets Bond Fund - Initial Class (VWBF)

VIP Trust Emerging Markets Fund - Initial Class (VWEM)

VIP Trust Global Hard Assets Fund - Initial Class (VWHA)

WADDELL & REED, INC.

Variable Insurance Portfolios - Asset Strategy (WRASP)

Variable Insurance Portfolios - High Income (WRHIP)

Variable Insurance Portfolios - Mid Cap Growth (WRMCG)

WELLS FARGO FUNDS

Wells Fargo Variable Trust - VT Discovery Fund: Class 2 (SVDF)

Advantage VT Opportunity Fund - Class 2 (SVOF)

Advantage VT Small Cap Growth Fund - Class 2 (WFVSCG)

* At December 31, 2016, contract owners were not invested in this fund.

The contract owners’ equity is affected by the investment results of each fund, equity transactions by contract owners and certain policy and asset charges (see notes 2 and 3). The accompanying financial statements include only contract owners’ purchase payments pertaining to the variable portions of their contracts and exclude any purchase payments for fixed dollar benefits, the latter being included in the accounts of the Company.

A contract owner may choose from among a number of different underlying mutual fund options. The underlying mutual fund options are not available to the general public directly. The underlying mutual funds are available as investment options in variable life insurance policies or variable annuity contracts issued by life insurance companies or, in some cases, through participation in certain qualified pension or retirement plans.

Some of the underlying mutual funds have been established by investment advisers which manage publicly traded mutual funds having similar names and investment objectives. While some of the underlying mutual funds may be similar to, and may in fact be modeled after, publicly traded mutual funds, the underlying mutual funds are not otherwise directly related to any publicly traded mutual fund. Consequently, the investment performance of publicly traded mutual funds and any corresponding underlying mutual funds may differ substantially.

A purchase payment could be presented as a negative equity transaction in the Statements of Changes in Contract Owners’ Equity if a prior period purchase payment is refunded to a contract owner due to a contract cancellation during the free look period, and/or if a gain is realized by the contract owner during the free look period.

The Company allocates purchase payments to sub-accounts and/or the fixed account as instructed by the contract owner. Shares of the sub-accounts are purchased at Net Asset Value, then converted into accumulation units. Certain transactions may be subject to conditions imposed by the underlying mutual funds, as well as those set forth in the contract.

(c) Security Valuation, Transactions and Related Investment Income

Investments in underlying mutual funds are valued at the closing Net Asset Value per share at December 31, 2016 of such funds. The cost of investments sold is determined on a first in - first out basis. Investment transactions are accounted for on the trade date (date the order to buy or sell is executed), and dividends and capital gain distributions are accrued as of the ex-dividend date and are reinvested in the underlying mutual funds.

(d) Federal Income Taxes

Operations of the Account form a part of, and are taxed with, operations of the Company, which is taxed as a life insurance company under the provisions of the Internal Revenue Code. The Company does not provide for income taxes within the Account. Taxes are generally the responsibility of the contract owner upon termination or withdrawal.

(e) Use of Estimates in the Preparation of Financial Statements

The preparation of financial statements in conformity with U.S. Generally Accepted Accounting Principles may require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities, if any, at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

(f) Recently Issued Accounting Standards

There are no recently issued accounting standards applicable to the Account.

(g) Subsequent Events

The Company evaluated subsequent events through the date the financial statements were issued with the Securities and Exchange Commission, and no subsequent events have occurred requiring accrual or disclosure.

(h) Securities and Exchange Commission Regulations

On October 13, 2016, the Securities and Exchange Commission amended Regulation S-X, which will require standardized, enhanced disclosure about derivatives in investment company financial statements, as well as other amendments. The compliance date for the amendments to Regulation S-X is August 1, 2017. Management is currently evaluating the impact to the financial statements and disclosures.

(2) Policy Charges

(a) Deductions from Premium

For single premium and modified single premium contracts, no deduction is made from any premium at the time of payment. On multiple payment and flexible premium contracts, the Company deducts a premium load charge that will not exceed 6%. The 6% is comprised of a charge for premium taxes that ranges from 2.50% to 3.50% of each premium payment and a charge for the sales load that ranges from 2.50% to 3.50% of each premium payment. For flexible premium contracts, the sales load is reduced to 0.50% on any portion of the annual premium paid in excess of the annual break point premium. On last survivor flexible premium contracts, the Company deducts a charge for state premium taxes equal to 3.50% of all premiums received to cover the payment of these premium taxes. The Company also deducts a sales load from each premium payment received not to exceed 5.00% of each premium payment during the first ten years and 1.50% of each premium payment ten years and 1.50% of each premium payment thereafter.

For policies issued in New York, the Company deducts a sales load from each premium payment received not to exceed 9.50% of each premium payment during the first ten years and 6.00% of each premium payment thereafter. The Company may at its sole discretion reduce this sales loading. For the periods ended December 31, 2016 and 2015, total front-end sales charge deductions were -$1,318,877 and -$1,389,661, respectively and were recognized as a reduction of purchase payments on the Statements of Changes in Contract Owners’ Equity.

(b) Cost of Insurance

A cost of insurance charge is assessed monthly against each contract by liquidating units. The amount of the charge varies widely and is based upon age, sex, rate class and net amount at risk (death benefit less total contract value).

For last survivor flexible premium contracts, the monthly cost of insurance is determined in a manner that reflects the anticipated mortality of the tow insureds and the fact the death benefit is not payable until the death of the second insured contract owner.

(c) Administrative Charges

An administrative charge is assessed against each contract to recover policy maintenance, accounting, record keeping and other administrative expenses and is assessed against each contract by liquidating units.

For single premium contracts, the Company deducts an annual administrative charge which is determined as follows:

Contracts issued prior to April 16, 1990:

Purchase payments totaling less than $25,000 - $10/month

Purchase payments totaling $25,000 or more - none

Contracts issued on or after April 16, 1990:

Purchase payments totaling less than $25,000 - $90/year ($65/year in New York)

Purchase payments totaling $25,000 or more - $50/year

For multiple payment contracts, the Company currently deducts a monthly administrative charge of $5.00 (not to exceed $7.50 per month). For flexible premium contracts, the Company currently deducts a monthly administrative charge of $12.50 during the first policy year. For all subsequent years, a monthly administrative charge is deducted (currently $5.00 per month not to exceed $7.50). Additionally, the Company deducts an increase charge when the policy’s specified amount is increased. The charge is equal $2.04 per year per $1,000 of the specified amount increase.

For modified single premium contracts, the Company deducts a monthly administrative charge equal to an annualized rate of 0.30% multiplied by the policy’s cash value to cover administrative, premium tax and deferred acquisition costs. For policy years 11 and later, this monthly charge is reduced to an annualized rate of 0.15% of the policy’s cash value. The monthly charge is subject to a $10.00 minimum.

For last survivor flexible premium contracts, the Company deducts a monthly administrative charge equal to the sum of the per policy charge and the per $1,000.00 basic coverage charge. For policy years one through ten, the per policy charge is $10.00. Additionally, there is a $0.04 per $1,000.00 basic coverage charge (not less than $20.00 or more than $80.00 per policy per year). For policy years eleven and after, the per policy charge is $5.00. Additionally, there is a $0.02 per $1,000 basic coverage charge (not less than $10.00 or more than $40.00 per policy per year). For policies issued in New York, the per policy charge is guaranteed not to exceed $7.50 per month in all years and there is a $0.04 per $1,000.00 basic coverage charge in policy year one only.

(d) Surrender Charges

Policy surrenders result in a withdrawal of contract value from the Account and payment of the surrender proceeds to the policy owner or designee. The surrender proceeds consist of the contract value, less any outstanding policy loans, and less a surrender charge, if applicable. The charge is determined according to contract type.

For single premium contracts, the charge is a percentage of the original purchase payment. For single premium contracts issued prior to April 16, 1990, the charge is 8.00% in the first year and declines a specified amount each year. After the ninth year, the charge is 0.00%. For single premium contracts issued on or after April 16, 1990, the charge is 8.50% in the first year, and declines a specified amount each year. After the ninth year, the charge is 0.00%. However, if a policy’s specified amount increases, the amount of the increase will have a nine-year surrender charge period.

For multiple payment contracts, last survivor flexible premium contract and flexible premium contracts, the amount charged is based upon a specified percentage of the initial specified amount and varies by issue age, sex and rate class. The charge is reduced at certain time intervals, and declines a specified amount each year. After the eighth year for flexible premium contracts, after the ninth year for multiple payment contracts and after the tenth year for last survivor contracts, the charge is 0.00%. However, if a policy’s specified amount increases, the amount of the increase will have the same nine-year surrender charge period.

For modified single premium contracts, the amount charged is based on a percentage of the original premium payment. The charge is 10.00% of the initial premium payment and declines a specified amount each year to 0.00% after the end of the ninth year.

The Company may waive the surrender charge for certain contracts in which the sales expenses normally associated with the distribution of a contract are not incurred.

The charges above are assessed against each contract by liquidating units.

(3) Asset Charges

The Company deducts a charge related to the assumption of mortality and expense risk.

For modified single premium contracts, the Company deducts a charge equal to an annualized rate of 0.90%. For flexible premium contracts, the Company deducts a charge equal to an annualized rate of 0.80% in policy years one through nine. After the ninth year, the annualized rate is 0.80% on the first $25,000 of cash value and 0.50% on additional cash value. For last survivor flexible premium contracts, the Company deducts a charge equal to an annualized rate of 0.80% in policy years one through ten. In policy years eleven and after, the charge will continue to be deducted, but may be reduced for policies at specified asset levels. For last survivor flexible premium contracts issued in New York, the Company deducts a charge equal to an annualized rate of 0.80% in policy years one through ten and 0.50% thereafter, regardless of cash value. This charge is assessed monthly by liquidating units.

For single premium contracts issued prior to April 16, 1990, the Company deducts a charge equal to an annualized rate of 0.95% during the first ten policy years, and 0.50% thereafter. For single premium contracts issued on or after April 16, 1990, the charge is equal to an annualized rate of 1.30% during the first ten policy years, and 1.00% thereafter. For multiple payment contracts, the Company deducts a charge equal to an annualized rate of 0.80%. For flexible premium and Variable Executive Life contracts, the charge is equal to an annualized rate of 0.80% during the first ten policy years, and 0.50% thereafter. This charge is assessed through a reduction in the unit value.

The following table provides mortality and expense risk charges by contract type for those charges that are assessed through a reduction in the unit value for the period ended December 31, 2016:

	Total		ALVDAA		MLVGA2		DWVSVS		DFVIPS		DSIF
Variable Executive Life		11,383		-		35		-		-		557
Multiple Payment		1,743		-		-		-		-		-
Single Premium issued prior to April 16, 1990		2,237		-		-		-		-		-
Flexible Premium VUL		2,667,351		3		13,311		1,714		9		187,318
Single Premium issued after to April 16, 1990		341,029		-		-		-		-		18,284
Total		3,023,743		3		13,346		1,714		9		206,159
	DSRG		DSGIBA		FTVIS2		FTVRDI		FTVSVI		FTVDM2
Variable Executive Life		-		-		34		-		-		-
Multiple Payment		-		-		-		-		-		-
Single Premium issued prior to April 16, 1990		-		-		-		-		-		-
Flexible Premium VUL		35,418		28		7,369		18,936		11,726		3,420
Single Premium issued after to April 16, 1990		1,500		-		-		-		-		-
Total		36,918		28		7,403		18,936		11,726		3,420
	TIF		TIF2		FTVGI2		FTVFA2		IVKMG1		IVBRA1
Variable Executive Life		-		-		88		-		-		-
Multiple Payment		-		-		-		-		-		-
Single Premium issued prior to April 16, 1990		-		-		-		-		-		-
Flexible Premium VUL		328		4,543		9,365		1,209		1,188		794
Single Premium issued after to April 16, 1990		-		-		-		-		-		-
Total		328		4,543		9,453		1,209		1,188		794
	JABS		JACAS		JAGTS		JAIGS		LOVTRC		MV2IGI
Variable Executive Life		-		-		40		11		-		-
Multiple Payment		-		-		-		-		-		-
Single Premium issued prior to April 16, 1990		-		-		-		-		-		-
Flexible Premium VUL		6,468		14,949		5,845		10,344		3,072		991
Single Premium issued after to April 16, 1990		-		5,723		1,874		1,514		-		-
Total		6,468		20,672		7,759		11,869		3,072		991

	MNDIC		MVFIC		MSVFI		MSEM		MSVRE		IDPG
Variable Executive Life		-		-		-		-		-		-
Multiple Payment		-		-		-		-		-		-
Single Premium issued prior to April 16, 1990		-		-		-		-		-		-
Flexible Premium VUL		636		13,222		1,342		3,543		4		15
Single Premium issued after to April 16, 1990		-		-		-		840		8,440		-
Total		636		13,222		1,342		4,383		8,444		15
	NVBX		NVIX		NVAMV1		GVAAA2		GVABD2		GVAGG2
Variable Executive Life		-		-		-		-		-		-
Multiple Payment		-		-		-		-		-		-
Single Premium issued prior to April 16, 1990		-		-		-		-		-		-
Flexible Premium VUL		1,023		463		28,303		13,391		2,863		7,606
Single Premium issued after to April 16, 1990		-		-		7,016		-		-		-
Total		1,023		463		35,319		13,391		2,863		7,606
	GVAGR2		GVAGI2		HIBF		GEM		GIG		NVNMO1
Variable Executive Life		22		-		-		30		78		246
Multiple Payment		-		-		-		-		-		-
Single Premium issued prior to April 16, 1990		-		-		-		-		-		-
Flexible Premium VUL		8,785		3,445		4,109		8,485		16,382		64,915
Single Premium issued after to April 16, 1990		-		-		-		2,489		148		611
Total		8,807		3,445		4,109		11,004		16,608		65,772
	NVNSR1		NVCRA1		NVCRB1		NVCCA1		NVCCN1		NVCMD1
Variable Executive Life		-		-		-		-		-		-
Multiple Payment		-		-		-		-		-		-
Single Premium issued prior to April 16, 1990		-		-		-		-		-		-
Flexible Premium VUL		575		1,429		2,499		3,372		319		5,238
Single Premium issued after to April 16, 1990		-		-		-		-		-		-
Total		575		1,429		2,499		3,372		319		5,238
	NVCMA1		NVCMC1		NVCBD1		NVLCP1		TRF		GBF
Variable Executive Life		-		-		-		-		1,100		-
Multiple Payment		-		-		-		-		-		-
Single Premium issued prior to April 16, 1990		-		-		-		-		24		22
Flexible Premium VUL		3,889		567		1,641		677		265,207		24,967
Single Premium issued after to April 16, 1990		-		-		1,923		-		7,870		4,998
Total		3,889		567		3,564		677		274,201		29,987
	GVIX2		GVIDA		NVDBL2		NVDCA2		GVIDC		GVIDM
Variable Executive Life		-		-		-		-		-		-
Multiple Payment		-		-		-		-		-		-
Single Premium issued prior to April 16, 1990		-		-		-		-		-		-
Flexible Premium VUL		1,328		10,552		982		546		1,482		12,891
Single Premium issued after to April 16, 1990		-		157		-		-		2,038		2,007
Total		1,328		10,709		982		546		3,520		14,898

	GVDMA		GVDMC		MCIF		SAM		NVMIG1		GVDIVI
Variable Executive Life		157		-		110		626		-		-
Multiple Payment		-		-		-		19		-		-
Single Premium issued prior to April 16, 1990		-		-		-		11		-		-
Flexible Premium VUL		20,852		10,394		23,777		56,131		19,063		2,156
Single Premium issued after to April 16, 1990		3,708		3,843		5,723		23,491		1,911		-
Total		24,717		14,237		29,610		80,278		20,974		2,156
	NVMLG1		NVMLV1		NVMMG1		NVMMV2		SCGF		SCVF
Variable Executive Life		-		-		308		-		21		47
Multiple Payment		-		-		-		-		-		-
Single Premium issued prior to April 16, 1990		-		-		-		-		-		-
Flexible Premium VUL		7,143		5,732		140,523		117,656		5,585		18,752
Single Premium issued after to April 16, 1990		646		203		678		1,206		280		2,583
Total		7,789		5,935		141,509		118,862		5,886		21,382
	SCF		MSBF		NVSTB2		NVOLG1		NVTIV3		EIF
Variable Executive Life		1,317		-		-		957		-		-
Multiple Payment		-		-		-		-		-		-
Single Premium issued prior to April 16, 1990		-		-		-		-		-		-
Flexible Premium VUL		70,465		4,019		2,819		260,183		964		3,761
Single Premium issued after to April 16, 1990		2,865		2,224		-		17,439		-		-
Total		74,647		6,243		2,819		278,579		964		3,761
	NVRE1		NVLCAP		NVLMP		NVSIX2		GVEX1		AMTB
Variable Executive Life		192		-		-		-		-		63
Multiple Payment		-		-		-		-		-		-
Single Premium issued prior to April 16, 1990		-		-		-		-		-		7
Flexible Premium VUL		38,413		251		50		637		12,339		6,075
Single Premium issued after to April 16, 1990		7,772		-		-		-		-		4,918
Total		46,377		251		50		637		12,339		11,063
	AMGP		AMCG		AMMCGS		AMTP		AMSRS		NOTB3
Variable Executive Life		-		-		26		-		-		-
Multiple Payment		-		140		-		-		-		-
Single Premium issued prior to April 16, 1990		-		221		-		-		-		-
Flexible Premium VUL		-		-		824		21		3,436		39
Single Premium issued after to April 16, 1990		597		7,324		-		4,548		-		-
Total		597		7,685		850		4,569		3,436		39

	NOTG3		ALVGIA		ALVSVA		ACVB		ACVCA		ACVIG
Variable Executive Life		-		-		-		-		-		-
Multiple Payment		-		-		-		-		81		-
Single Premium issued prior to April 16, 1990		-		-		-		-		206		-
Flexible Premium VUL		15		1,670		5,272		17,416		81		6,256
Single Premium issued after to April 16, 1990		-		-		-		16,421		10,620		5,586
Total		15		1,670		5,272		33,837		10,988		11,842
	ACVIP2		ACVI		ACVMV1		ACVU1		DVSCS		DCAP
Variable Executive Life		97		-		-		-		-		-
Multiple Payment		-		-		-		-		-		-
Single Premium issued prior to April 16, 1990		-		-		-		-		-		-
Flexible Premium VUL		4,128		120		11,744		-		7,789		15,857
Single Premium issued after to April 16, 1990		-		1,345		-		439		2,806		3,493
Total		4,225		1,465		11,744		439		10,595		19,350
	DSC		DGI		FVCA2P		FQB		FEIP		FHIP
Variable Executive Life		-		14		-		-		1,566		197
Multiple Payment		-		-		-		-		279		68
Single Premium issued prior to April 16, 1990		-		-		-		-		173		7
Flexible Premium VUL		1,739		5,897		384		3,452		173,061		39,846
Single Premium issued after to April 16, 1990		-		943		-		3,415		26,042		7,169
Total		1,739		6,854		384		6,867		201,121		47,287
	FAMP		FNRS2		FF10S		FF20S		FF30S		FGP
Variable Executive Life		44		-		-		-		-		2,173
Multiple Payment		-		-		-		-		-		867
Single Premium issued prior to April 16, 1990		283		-		-		-		-		1,072
Flexible Premium VUL		44,519		7,936		2,091		6,674		6,241		271,299
Single Premium issued after to April 16, 1990		16,732		-		-		-		-		35,156
Total		61,578		7,936		2,091		6,674		6,241		310,567
	FIGBS		FMCS		FOP		FOS		FVSS		GVGMNS
Variable Executive Life		26		-		11		70		-		-
Multiple Payment		-		-		271		-		-		-
Single Premium issued prior to April 16, 1990		-		-		7		-		-		-
Flexible Premium VUL		9,680		32,041		16,798		18,871		2,902		80
Single Premium issued after to April 16, 1990		-		-		6,990		-		992		-
Total		9,706		32,041		24,077		18,941		3,894		80
	OVMS		OVB		OVGS		OVIG		OVGI		OVSC
Variable Executive Life		7		-		1,004		-		-		-
Multiple Payment		-		-		-		-		-		-
Single Premium issued prior to April 16, 1990		-		-		-		-		-		-
Flexible Premium VUL		26,257		14,039		89,845		139		5,216		6,289
Single Premium issued after to April 16, 1990		3,595		4,178		8,775		-		510		-
Total		29,859		18,217		99,624		139		5,726		6,289

	OVAG		OVSB		PMVAAA		PMVRSA		PMVFBA		PMVLDA
Variable Executive Life		-		-		-		-		-		-
Multiple Payment		-		-		-		-		-		-
Single Premium issued prior to April 16, 1990		-		-		-		-		-		-
Flexible Premium VUL		4,855		915		1,674		41		1,354		6,195
Single Premium issued after to April 16, 1990		1,626		-		-		-		-		-
Total		6,481		915		1,674		41		1,354		6,195
	PMVTRA		PVGIB		PVGOB		PVTIGB		PVTVB		ACEG
Variable Executive Life		-		-		-		-		-		-
Multiple Payment		-		-		-		-		-		-
Single Premium issued prior to April 16, 1990		-		-		-		-		-		-
Flexible Premium VUL		5,031		474		211		932		1,695		135
Single Premium issued after to April 16, 1990		-		-		-		-		-		-
Total		5,031		474		211		932		1,695		135
	AVMCCI		RVARS		TRHS2		VWBF		VWEM		VWHA
Variable Executive Life		-		-		-		41		17		13
Multiple Payment		-		-		-		18		-		-
Single Premium issued prior to April 16, 1990		-		-		-		-		-		-
Flexible Premium VUL		4		228		25,693		3,562		17,225		16,383
Single Premium issued after to April 16, 1990		-		-		-		3,609		2,055		4,638
Total		4		228		25,693		7,230		19,297		21,034
	WRASP		WRHIP		WRMCG		SVDF		SVOF		WFVSCG
Variable Executive Life		-		-		-		-		-		-
Multiple Payment		-		-		-		-		-		-
Single Premium issued prior to April 16, 1990		-		-		-		-		204		-
Flexible Premium VUL		9,626		3,653		1,456		-		98		1,696
Single Premium issued after to April 16, 1990		-		-		-		4,949		8,271		-
Total		9,626		3,653		1,456		4,949		8,573		1,696
	CAF
Variable Executive Life		38
Multiple Payment		-
Single Premium issued prior to April 16, 1990		-
Flexible Premium VUL		21,470
Single Premium issued after to April 16, 1990		1,283
Total		22,791

(4) Death Benefits

Death benefit proceeds result in a redemption of the contract value from the Account and payment of those proceeds, less any outstanding policy loans (and policy charges), to the legal beneficiary. For last survivor flexible premium contracts, the proceeds are payable on the death of the last surviving insured. In the event that the guaranteed death benefit exceeds the contract value on the date of death, the excess is paid by the Company’s general account.

(5) Policy Loans (Net of Repayments)

Contract provisions allow contract owners to borrow up to 90.00% (50% during first year of single and modified single premium contracts) of a policy’s cash surrender value. For single premium contracts issued prior to April 16, 1990, 6.50% interest is due and payable annually in advance of the policy anniversary date. For single premium contracts issued on or after April 16, 1990, multiple payment, flexible premium, modified single and last survivor flexible premium contracts, 6.00% interest is due and payable in advance on the policy anniversary when there is a loan outstanding on the policy.

At the time the loan is granted, the amount of the loan is transferred from the Account to the Company’s general account as collateral for the outstanding loan. Collateral amounts in the general account are credited with the stated rate of interest in effect at the time the loan is made, subject to a guaranteed minimum rate. Loan repayments result in a transfer of collateral including interest credited back to the Account.

(6) Related Party Transactions

The Company performs various services on behalf of the mutual fund companies in which the Account invests and may receive fees for the services performed. These services include, among other things, shareholder communications, postage, fund transfer agency and various other record keeping and customer service functions. These fees are paid to an affiliate of the Company.

Contract owners may, with certain restrictions, transfer their assets between the Account and a fixed dollar contract (fixed account) maintained in the accounts of the Company. These transfers are the result of the contract owner executing fund exchanges. Fund exchanges from the Account to the fixed account are included in surrenders, and fund exchanges from the fixed account to the Account are included in purchase payments received from contract owners, as applicable, on the accompanying Statements of Changes in Contract Owners’ Equity. Policy loan transactions (note 5), executed at the direction of the contract owner, also result in transfers between the Account and the fixed account of the Company, but are included in Net Policy (Loans) Repayments. The fixed account assets are not reflected in the accompanying financial statements. For the periods ended December 31, 2016 and 2015, total transfers to the Account from the fixed account were $22,324,321 and $24,014,557, respectively, and total transfers from the Account to the fixed account were $28,868,044 and $18,645,557, respectively.

(7) Fair Value Measurement

FASB ASC 820, Fair Value Measurements and Disclosures, defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. In determining fair value, the Account generally uses the market approach as the valuation technique due to the nature of the mutual fund investments offered in the Account. This technique maximizes the use of observable inputs and minimizes the use of unobservable inputs.

In accordance with FASB ASC 820, the Account categorized its financial instruments into a three level hierarchy based on the priority of the inputs to the valuation technique. The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). If the inputs used to measure fair value fall within different levels of the hierarchy, the category level is based on the lowest priority level input that is significant to the fair value measurement of the instrument in its entirety.

The Account categorizes financial assets recorded at fair value as follows:

• Level 1 – Unadjusted quoted prices accessible in active markets and mutual funds where the value per share (unit) is determined and published and is the basis for current transactions for identical assets or liabilities at the measurement date.

• Level 2 – Unadjusted quoted prices for similar assets or liabilities in active markets or inputs (other than quoted prices) that are observable or that are derived principally from or corroborated by observable market data through correlation or other means.

• Level 3 – Prices or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement. Inputs reflect management’s best estimate about the assumptions market participants would use at the measurement date in pricing the asset or liability. Consideration is given to the risk inherent in both the method of valuation and the valuation inputs.

The Account recognizes transfers between fair value hierarchy levels at the reporting period end. There were no transfers between Level 1 and 2 as of December 31, 2016.

The following table summarizes assets measured at fair value on a recurring basis as of December 31, 2016:

	Level 1		Level 2		Level 3		Total
Separate Account Investments	$	586,836,739	$	-	$	-	$	586,836,739

The cost of purchases and proceeds from sales of Investments for the year ended December 31, 2016 are as follows:

	Purchase of Investments		Sales of Investments
VPS Dynamic Asset Allocation Portfolio - Class A (ALVDAA)	$	2	$	335
Global Allocation V.I. Fund - Class II (MLVGA2)		266,567		699,358
VIP Small Cap Value Series: Service Class (DWVSVS)		337,287		156,645
VA Inflation-Protected Securities Portfolio (DFVIPS)		23,305		531
Stock Index Fund, Inc. - Initial Shares (DSIF)		3,167,995		5,003,821
Socially Responsible Growth Fund Inc - Initial Shares (DSRG)		784,693		648,831
Global Income Builder VIP - Class A (DSGIBA)		8,714		141
Franklin Income Securities Fund - Class 2 (FTVIS2)		145,416		500,153
Rising Dividends Securities Fund - Class 1 (FTVRDI)		1,153,799		1,424,883
Small Cap Value Securities Fund - Class 1 (FTVSVI)		487,934		283,619
Templeton Developing Markets Securities Fund - Class 2 (FTVDM2)		87,437		199,114
Templeton Foreign Securities Fund - Class 1 (TIF)		2,729		36,059
Templeton Foreign Securities Fund - Class 2 (TIF2)		217,431		283,200
Templeton Global Bond Securities Fund - Class 2 (FTVGI2)		99,330		196,763
VIP Founding Funds Allocation Fund - Class 2 (FTVFA2)		42,451		19,783
Van Kampen V.I. Mid Cap Growth Fund - Series I Shares (IVKMG1)		40,393		92,770
Balanced-Risk Allocation Fund: Series I Shares (IVBRA1)		79,004		47,986
Balanced Portfolio: Service Shares (JABS)		665,987		715,123
Forty Portfolio: Service Shares (JACAS)		1,235,942		1,469,820
Global Technology Portfolio: Service Shares (JAGTS)		1,197,272		1,297,172
Overseas Portfolio: Service Shares (JAIGS)		300,977		397,086
Series Fund, Inc. - Total Return Portfolio - Class VC (LOVTRC)		1,187,100		13,516
Var Insurance Trust II - MFS Investors Growth Stock Portfolio: Initial Class (MV2IGI)		46,463		60,864
Variable Insurance Trust - MFS New Discovery Series - Intital Class (MNDIC)		7,756		38,336
Value Series - Initial Class (MVFIC)		1,349,272		922,191
Core Plus Fixed Income Portfolio - Class I (MSVFI)		57,851		15,023
Emerging Markets Debt Portfolio - Class I (MSEM)		311,074		339,144
U.S. Real Estate Portfolio - Class I (MSVRE)		128,260		152,708
NVIT Investor Destinations Managed Growth Class I (IDPG)		-		150,905
NVIT Bond Index Fund Class I (NVBX)		382,768		175,878
NVIT International Index Fund Class I (NVIX)		37,065		33,564
American Century NVIT Multi Cap Value Fund - Class I (NVAMV1)		1,102,405		909,554
American Funds NVIT Asset Allocation Fund - Class II (GVAAA2)		374,262		633,285
American Funds NVIT Bond Fund - Class II (GVABD2)		37,820		281,121
American Funds NVIT Global Growth Fund - Class II (GVAGG2)		564,192		516,961
American Funds NVIT Growth Fund - Class II (GVAGR2)		469,710		119,482
American Funds NVIT Growth-Income Fund - Class II (GVAGI2)		165,100		343,093
Federated NVIT High Income Bond Fund - Class I (HIBF)		151,190		178,714
NVIT Emerging Markets Fund - Class I (GEM)		116,705		465,206
NVIT International Equity Fund - Class I (GIG)		382,745		689,161
Neuberger Berman NVIT Multi Cap Opportunities Fund - Class I (NVNMO1)		822,771		1,447,203
Neuberger Berman NVIT Socially Responsible Fund - Class I (NVNSR1)		13,735		14,375
NVIT Cardinal Aggressive Fund - Class I (NVCRA1)		38,730		73,860
NVIT Cardinal Balanced Fund - Class I (NVCRB1)		378,656		722,744
NVIT Cardinal Capital Appreciation Fund - Class I (NVCCA1)		82,686		79,924
NVIT Cardinal Conservative Fund - Class I (NVCCN1)		38,405		20,896
NVIT Cardinal Moderate Fund - Class I (NVCMD1)		147,235		321,570
NVIT Cardinal Moderately Aggressive Fund - Class I (NVCMA1)		95,456		45,633
NVIT Cardinal Moderately Conservative Fund - Class I (NVCMC1)		15,638		58,541
NVIT Core Bond Fund - Class I (NVCBD1)		160,190		120,456
NVIT Core Plus Bond Fund - Class I (NVLCP1)		33,591		28,313
NVIT Nationwide Fund - Class I (TRF)		735,038		4,136,949
NVIT Government Bond Fund - Class I (GBF)		946,886		1,198,062
NVIT International Index Fund - Class II (GVIX2)		15,248		35,123
NVIT Investor Destinations Aggressive Fund - Class II (GVIDA)		2,382,704		112,631
NVIT Investor Destinations Balanced Fund - Class II (NVDBL2)		121,896		10,585
NVIT Investor Destinations Capital Appreciation Fund - Class II (NVDCA2)		10,365		14,568
NVIT Investor Destinations Conservative Fund - Class II (GVIDC)		187,902		251,425
NVIT Investor Destinations Moderate Fund - Class II (GVIDM)		450,665		330,886
NVIT Investor Destinations Moderately Aggressive Fund - Class II (GVDMA)		634,129		433,321
NVIT Investor Destinations Moderately Conservative Fund - Class II (GVDMC)		280,252		2,870,956
NVIT Mid Cap Index Fund - Class I (MCIF)		1,230,724		1,412,077
NVIT Money Market Fund - Class I (SAM)		13,364,449		14,230,742

NVIT Multi-Manager International Growth Fund - Class I (NVMIG1)	269,598	612,023
NVIT Multi-Manager International Value Fund - Class I (GVDIVI)	37,665	169,570
NVIT Multi-Manager Large Cap Growth Fund - Class I (NVMLG1)	639,605	737,806
NVIT Multi-Manager Large Cap Value Fund - Class I (NVMLV1)	303,533	191,150
NVIT Multi-Manager Mid Cap Growth Fund - Class I (NVMMG1)	3,196,021	2,733,327
NVIT Multi-Manager Mid Cap Value Fund - Class II (NVMMV2)	2,879,579	2,472,595
NVIT Multi-Manager Small Cap Growth Fund - Class I (SCGF)	354,757	363,207
NVIT Multi-Manager Small Cap Value Fund - Class I (SCVF)	895,935	1,337,039
NVIT Multi-Manager Small Company Fund - Class I (SCF)	2,401,152	1,617,269
NVIT Multi-Sector Bond Fund - Class I (MSBF)	328,770	153,241
NVIT Short Term Bond Fund - Class II (NVSTB2)	61,970	77,724
NVIT Large Cap Growth Fund - Class I (NVOLG1)	26,758,943	7,115,847
Templeton NVIT International Value Fund - Class III (NVTIV3)	18,986	11,759
Invesco NVIT Comstock Value Fund - Class I (EIF)	43,584	211,999
NVIT Real Estate Fund - Class I (NVRE1)	1,260,598	1,434,173
Loring Ward NVIT Capital Appreciation Fund - Class P (NVLCAP)	98,339	760
Loring Ward NVIT Moderate Fund - Class P (NVLMP)	791	328
NVIT Small Cap Index Fund Class II (NVSIX2)	106,374	57,970
NVIT S&P 500 Index Fund Class I (GVEX1)	1,625,377	1,208,788
Short Duration Bond Portfolio - I Class Shares (AMTB)	480,551	1,222,557
Guardian Portfolio - I Class Shares (AMGP)	16,088	73,402
International Portfolio - S Class Shares (AMINS)	351	1,335
Mid-Cap Growth Portfolio - I Class Shares (AMCG)	97,566	290,778
Mid-Cap Growth Portfolio - S Class Shares (AMMCGS)	11,721	68,776
Advisers Management Trust: Large Cap Value Portfolio - Class I (AMTP)	373,851	471,472
Advisers Management Trust: Mid Cap Intrinsic Value Portfolio - Class S (AMRS)	1,390	3,556
Socially Responsive Portfolio - I Class Shares (AMSRS)	37,468	52,954
TOPS Managed Risk Balanced ETF Portfolio - Class 3 (NOTB3)	10,350	312
TOPS Managed Risk Growth ETF Portfolio - Class 3 (NOTG3)	32	103
VPS Growth and Income Portfolio - Class A (ALVGIA)	107,111	77,046
VPS Small/Mid Cap Value Portfolio - Class A (ALVSVA)	377,057	414,234
VP Balanced Fund - Class I (ACVB)	535,700	616,668
VP Capital Appreciation Fund - Class I (ACVCA)	158,824	238,650
VP Income & Growth Fund - Class I (ACVIG)	185,365	241,892
VP Inflation Protection Fund - Class II (ACVIP2)	88,594	183,494
VP International Fund - Class I (ACVI)	39,555	64,579
VP Mid Cap Value Fund - Class I (ACVMV1)	1,274,497	830,633
VP Ultra(R) Fund - Class I (ACVU1)	21,666	171,449
Small Cap Stock Index Portfolio - Service Shares (DVSCS)	725,592	357,353
Appreciation Portfolio - Initial Shares (DCAP)	876,330	967,007
Opportunistic Small Cap Portfolio: Initial Shares (DSC)	103,493	207,611
Growth and Income Portfolio - Initial Shares (DGI)	212,411	216,265
Managed Tail Risk Fund II: Primary Shares (FVCA2P)	7,677	4,202
Quality Bond Fund II - Primary Shares (FQB)	177,276	228,999
Equity-Income Portfolio - Initial Class (FEIP)	3,400,699	3,929,776
High Income Portfolio - Initial Class (FHIP)	1,731,737	2,055,972
VIP Asset Manager Portfolio - Initial Class (FAMP)	716,908	1,442,387
VIP Energy Portfolio - Service Class 2 (FNRS2)	324,339	645,768
VIP Freedom Fund 2010 Portfolio - Service Class (FF10S)	45,966	40,085
VIP Freedom Fund 2020 Portfolio - Service Class (FF20S)	223,993	65,068
VIP Freedom Fund 2030 Portfolio - Service Class (FF30S)	103,092	82,506
VIP Growth Portfolio - Initial Class (FGP)	6,145,453	6,345,396
VIP Investment Grade Bond Portfolio - Service Class (FIGBS)	420,634	422,801
VIP Mid Cap Portfolio - Service Class (FMCS)	488,373	1,014,323
VIP Overseas Portfolio - Initial Class (FOP)	145,245	633,503
VIP Overseas Portfolio - Service Class (FOS)	332,614	654,291
VIP Value Strategies Portfolio - Service Class (FVSS)	237,154	286,785
Goldman Sachs Global Markets Navigator Fund - Service Shares (GVGMNS)	1,046	1,453
Capital Income Fund/VA - Non-Service Shares (OVMS)	189,157	530,222
Core Bond Fund/VA - Non-Service Shares (OVB)	196,692	420,425
Global Securities Fund/VA - Non-Service Shares (OVGS)	2,204,131	3,550,708
International Growth Fund/VA - Non-Service Shares (OVIG)	119,115	79,883
Main Street Fund(R)/VA - Non-Service Shares (OVGI)	564,816	239,588
Main Street Small- & Mid-Cap Fund(R)/VA - Non-Service Shares (OVSC)	743,934	914,702
Discovery Mid Cap Growth Fund/VA - Non-Service Shares (OVAG)	153,298	278,019
Global Strategic Income Fund/VA: Non-service Shares (OVSB)	26,436	48,549
All Asset Portfolio - Administrative Class (PMVAAA)	235,441	51,515
CommodityRealReturn(R) Strategy Portfolio - Administrative Class (PMVRSA)	7,360	1,148
Foreign Bond Portfolio (Unhedged) - Administrative Class (PMVFBA)	53,516	121,087

Low Duration Portfolio - Administrative Class (PMVLDA)		254,767		372,231
Total Return Portfolio - Administrative Class (PMVTRA)		204,076		434,461
VT Growth & Income Fund: Class IB (PVGIB)		13,842		20,418
VT Growth Opportunities Fund: Class IB (PVGOB)		344,731		7,441
VT International Equity Fund: Class IB (PVTIGB)		86,594		127,796
VT Voyager Fund: Class IB (PVTVB)		26,700		558,391
VI American Franchise Fund - Series I Shares (ACEG)		25,294		6,204
VI Value Opportunities Fund - Series I Shares (AVBVI)		1,417		819
VI Mid Cap Core Equity Fund: Series I Shares (AVMCCI)		78		83
Variable Fund - Multi-Hedge Strategies (RVARS)		23,903		31,957
Health Sciences Portfolio - II (TRHS2)		1,621,271		2,707,028
Limited-Term Bond Portfolio - II (TRLT2)		72,563		72,015
VIP Trust - Unconstrained Emerging Markets Bond Fund - Initial Class (VWBF)		29,087		95,300
VIP Trust Emerging Markets Fund - Initial Class (VWEM)		270,945		602,126
VIP Trust Global Hard Assets Fund - Initial Class (VWHA)		864,130		1,037,672
Variable Insurance Portfolios - Asset Strategy (WRASP)		62,363		363,485
Variable Insurance Portfolios - High Income (WRHIP)		214,895		125,644
Variable Insurance Portfolios - Mid Cap Growth (WRMCG)		82,609		40,949
Wells Fargo Variable Trust - VT Discovery Fund: Class 2 (SVDF)		59,569		109,514
Advantage VT Opportunity Fund - Class 2 (SVOF)		186,240		210,091
Advantage VT Small Cap Growth Fund - Class 2 (WFVSCG)		78,552		141,390
American Century NVIT Growth Fund - Class I (obsolete) (CAF)		1,440,256		13,833,195
	$	111,380,878	$	119,748,811

(8) Financial Highlights

The following tabular presentation is a summary of units, unit fair values, contract owners’ equity outstanding and contract expense rates for variable life contracts as of December 31, 2016, and the investment income ratio and total return for each of the periods in the five year period ended December 31, 2016. Total return and investment income ratio for periods with no ending contract owners’ equity were considered to be irrelevant, and therefore are not presented.

	Contract Expense Rate*				Units		Unit Fair Value					Contract Owners’ Equity		Investment Income Ratio**		Total Return***
VPS Dynamic Asset Allocation Portfolio - Class A (ALVDAA)
2016				0.80%		14				$	11.87	$	166		0.67%				2.77%
2015				0.80%		43					11.55		497		0.76%				-1.88%
2014				0.80%		77					11.77		907		0.83%				3.62%
2013				0.50%		441					11.42		5,037		0.37%				11.75%
2012				0.50%		443					10.22		4,528		0.14%				2.20%	****
Global Allocation V.I. Fund - Class II (MLVGA2)
2016		0.00%	to	0.80%		177,260		17.10	to		16.09		2,925,866		1.12%		3.96%	to	3.13%
2015		0.00%	to	0.80%		206,322		16.45	to		15.60		3,290,547		1.01%		-0.87%	to	-1.66%
2014		0.00%	to	0.80%		196,223		16.60	to		15.86		3,171,176		1.93%		1.97%	to	1.15%
2013		0.00%	to	0.80%		229,979		16.28	to		15.68		3,659,868		1.06%		14.55%	to	13.64%
2012		0.00%	to	0.80%		244,658		14.21	to		13.80		3,414,684		1.49%		10.14%	to	9.26%
VIP Small Cap Value Series: Service Class (DWVSVS)
2016		0.50%	to	0.80%		30,134		15.69	to		15.52		472,696		0.51%		30.43%	to	30.04%
2015		0.50%	to	0.80%		17,292		12.03	to		11.94		208,032		0.40%		-6.93%	to	-7.21%
2014		0.50%	to	0.80%		32,825		12.93	to		12.86		424,330		0.21%		5.09%	to	4.78%
2013		0.50%	to	0.80%		4,859		12.30	to		12.28		59,770		0.00%		23.01%	to	22.76%	****
VA Inflation-Protected Securities Portfolio (DFVIPS)
2016				0.50%		2,258					9.95		22,463		1.21%				-0.52%	****
Stock Index Fund, Inc. - Initial Shares (DSIF)
2016		0.00%	to	1.00%		823,181		47.90	to		17.55		44,003,898		2.01%		11.71%	to	10.60%
2015		0.00%	to	1.00%		896,681		42.88	to		15.87		43,486,411		1.81%		1.11%	to	0.10%
2014		0.00%	to	1.00%		986,251		42.41	to		15.86		47,380,837		1.74%		13.42%	to	12.30%
2013		0.00%	to	1.30%		1,090,770		37.39	to		43.10		46,315,443		1.83%		32.03%	to	30.32%
2012		0.00%	to	1.30%		1,268,393		28.32	to		33.07		40,564,178		2.02%		15.74%	to	14.24%
Socially Responsible Growth Fund Inc - Initial Shares (DSRG)
2016		0.00%	to	1.00%		151,270		35.77	to		12.35		6,723,873		1.30%		10.37%	to	9.28%
2015		0.00%	to	1.00%		164,369		32.41	to		11.30		6,674,816		1.07%		-3.19%	to	-4.16%
2014		0.00%	to	1.00%		182,744		33.48	to		11.79		7,698,420		1.06%		13.45%	to	12.32%
2013		0.00%	to	1.00%		193,190		29.51	to		10.50		7,239,550		1.24%		34.34%	to	33.01%
2012		0.00%	to	1.00%		209,089		21.97	to		7.89		5,828,570		0.80%		11.97%	to	10.86%
Global Income Builder VIP - Class A (DSGIBA)
2016		0.50%	to	0.80%		860		10.37	to		10.35		8,917		0.00%		3.73%	to	3.53%	****
Franklin Income Securities Fund - Class 2 (FTVIS2)
2016		0.00%	to	0.80%		82,298		18.22	to		16.73		1,426,153		4.97%		14.02%	to	13.12%
2015		0.00%	to	0.80%		108,195		15.98	to		14.79		1,650,291		4.53%		-7.05%	to	-7.79%
2014		0.00%	to	0.80%		111,453		17.20	to		16.04		1,837,767		5.34%		4.62%	to	3.78%
2013		0.00%	to	0.80%		116,247		16.44	to		15.46		1,840,961		6.46%		13.94%	to	13.03%
2012		0.00%	to	0.80%		93,198		14.43	to		13.68		1,302,505		6.60%		12.65%	to	11.75%
Rising Dividends Securities Fund - Class 1 (FTVRDI)
2016		0.00%	to	0.80%		136,583		32.12	to		28.79		4,106,225		1.46%		16.33%	to	15.40%
2015		0.00%	to	0.80%		163,813		27.61	to		24.95		4,256,804		1.70%		-3.42%	to	-4.19%
2014		0.00%	to	0.80%		173,632		28.59	to		26.04		4,695,586		1.58%		9.01%	to	8.14%
2013		0.00%	to	0.80%		188,022		26.23	to		24.08		4,682,773		1.83%		30.05%	to	29.02%
2012		0.00%	to	0.80%		200,895		20.17	to		18.66		3,865,387		1.95%		12.18%	to	11.28%
Small Cap Value Securities Fund - Class 1 (FTVSVI)
2016		0.00%	to	0.80%		66,556		44.29	to		39.71		2,756,142		1.05%		30.54%	to	29.50%
2015		0.00%	to	0.80%		71,379		33.93	to		30.66		2,275,705		0.90%		-7.18%	to	-7.92%
2014		0.00%	to	0.80%		93,738		36.56	to		33.30		3,237,630		0.80%		0.88%	to	0.08%
2013		0.00%	to	0.80%		121,642		36.24	to		33.27		4,180,714		1.48%		36.50%	to	35.42%
2012		0.00%	to	0.80%		131,056		26.55	to		24.57		3,314,479		1.03%		18.75%	to	17.80%
Templeton Developing Markets Securities Fund - Class 2 (FTVDM2)
2016		0.00%	to	0.80%		79,668		8.90	to		8.71		700,074		0.84%		17.44%	to	16.51%
2015		0.00%	to	0.80%		93,715		7.58	to		7.48		704,647		2.03%		-19.60%	to	-20.24%
2014		0.00%	to	0.80%		95,621		9.43	to		9.38		898,626		1.52%		-5.71%	to	-6.21%	****

	Contract Expense Rate*				Units		Unit Fair Value				Contract Owners’ Equity		Investment Income Ratio**		Total Return***
Templeton Foreign Securities Fund - Class 1 (TIF)
2016		0.00%	to	0.80%		2,858	$	25.74	to	23.07	$	68,905		2.16%		7.49%	to	6.64%
2015		0.00%	to	0.80%		4,512		23.94	to	21.64		101,520		3.53%		-6.31%	to	-7.05%
2014		0.00%	to	0.80%		6,283		25.56	to	23.28		151,324		2.00%		-10.89%	to	-11.60%
2013		0.00%	to	0.80%		7,507		28.68	to	26.33		203,881		2.54%		23.27%	to	22.29%
2012		0.00%	to	0.80%		7,807		23.26	to	21.53		172,840		3.71%		18.60%	to	17.65%
Templeton Foreign Securities Fund - Class 2 (TIF2)
2016		0.00%	to	0.80%		113,377		8.75	to	8.57		979,882		2.05%		7.18%	to	6.32%
2015		0.00%	to	0.80%		125,579		8.17	to	8.06		1,017,460		3.28%		-6.49%	to	-7.24%
2014		0.00%	to	0.80%		149,193		8.73	to	8.69		1,298,913		1.90%		-12.65%	to	-13.12%	****
Templeton Global Bond Securities Fund - Class 2 (FTVGI2)
2016		0.00%	to	0.80%		209,199		9.94	to	9.73		2,052,183		0.00%		2.94%	to	2.12%
2015		0.00%	to	0.80%		218,739		9.65	to	9.52		2,094,948		7.79%		-4.30%	to	-5.07%
2014		0.00%	to	0.80%		233,805		10.09	to	10.03		2,350,792		5.04%		0.86%	to	0.32%	****
VIP Founding Funds Allocation Fund - Class 2 (FTVFA2)
2016		0.00%	to	0.80%		20,348		14.67	to	13.68		286,346		3.82%		13.18%	to	12.28%
2015		0.00%	to	0.80%		19,969		12.96	to	12.19		249,530		3.09%		-6.21%	to	-6.96%
2014		0.00%	to	0.80%		15,708		13.82	to	13.10		210,388		2.91%		2.85%	to	2.03%
2013		0.00%	to	0.80%		11,864		13.43	to	12.84		156,427		11.80%		23.77%	to	22.78%
2012		0.00%	to	0.80%		7,639		10.85	to	10.46		80,972		3.11%		15.33%	to	14.41%
Van Kampen V.I. Mid Cap Growth Fund - Series I Shares (IVKMG1)
2016		0.00%	to	0.80%		14,520		14.83	to	14.29		210,577		0.00%		0.76%	to	-0.04%
2015		0.00%	to	0.80%		19,785		14.72	to	14.30		286,131		0.00%		1.21%	to	0.40%
2014		0.00%	to	0.80%		15,517		14.55	to	14.24		222,889		0.00%		8.04%	to	7.18%
2013		0.00%	to	0.80%		16,170		13.47	to	13.29		215,995		0.41%		37.01%	to	35.92%
2012		0.00%	to	0.80%		17,386		9.83	to	9.77		170,309		0.00%		-1.72%	to	-2.26%	****
Balanced-Risk Allocation Fund: Series I Shares (IVBRA1)
2016		0.50%	to	0.80%		14,594		10.90	to	10.81		158,770		0.45%		11.08%	to	10.75%
2015		0.50%	to	0.80%		11,752		9.81	to	9.76		115,139		4.50%		-4.58%	to	-4.86%
2014		0.50%	to	0.80%		9,313		10.28	to	10.26		95,720		0.00%		2.80%	to	2.59%	****
Balanced Portfolio: Service Shares (JABS)
2016		0.00%	to	0.80%		50,939		27.86	to	24.98		1,331,153		1.77%		4.32%	to	3.49%
2015		0.00%	to	0.80%		53,702		26.71	to	24.13		1,352,277		1.59%		0.41%	to	-0.39%
2014		0.00%	to	0.80%		64,331		26.60	to	24.23		1,620,148		1.53%		8.24%	to	7.38%
2013		0.00%	to	0.80%		64,527		24.57	to	22.56		1,508,607		2.03%		19.80%	to	18.85%
2012		0.00%	to	0.80%		77,338		20.51	to	18.98		1,515,049		2.45%		13.37%	to	12.47%
Forty Portfolio: Service Shares (JACAS)
2016		0.00%	to	1.00%		208,603		20.06	to	17.74		3,870,367		0.86%		1.94%	to	0.93%
2015		0.00%	to	1.00%		253,113		19.68	to	17.57		4,619,185		1.23%		11.94%	to	10.82%
2014		0.00%	to	1.00%		229,302		17.58	to	15.86		3,758,983		0.03%		8.47%	to	7.39%
2013		0.00%	to	1.00%		269,822		16.21	to	14.76		4,093,835		0.57%		30.89%	to	29.58%
2012		0.00%	to	1.00%		327,052		12.38	to	11.39		3,803,305		0.58%		23.86%	to	22.62%
Global Technology Portfolio: Service Shares (JAGTS)
2016		0.00%	to	1.00%		207,330		11.36	to	10.08		2,195,276		0.09%		13.85%	to	12.72%
2015		0.00%	to	1.00%		232,405		9.98	to	8.94		2,165,381		0.76%		4.65%	to	3.60%
2014		0.00%	to	1.00%		194,190		9.54	to	8.63		1,736,575		0.00%		9.35%	to	8.26%
2013		0.00%	to	1.30%		239,301		8.72	to	7.30		1,964,320		0.00%		35.39%	to	33.64%
2012		0.00%	to	1.30%		244,704		6.44	to	5.46		1,490,012		0.00%		19.15%	to	17.61%
Overseas Portfolio: Service Shares (JAIGS)
2016		0.00%	to	1.00%		195,510		12.51	to	11.65		2,256,295		4.95%		-6.71%	to	-7.63%
2015		0.00%	to	1.00%		218,855		13.41	to	12.61		2,722,803		0.50%		-8.80%	to	-9.71%
2014		0.00%	to	1.00%		244,895		14.71	to	13.97		3,356,389		5.83%		-12.10%	to	-12.98%
2013		0.00%	to	1.00%		301,550		16.73	to	16.05		4,726,223		3.03%		14.28%	to	13.14%
2012		0.00%	to	1.00%		358,477		14.64	to	14.19		4,937,709		0.85%		13.18%	to	12.05%
Series Fund, Inc. - Total Return Portfolio - Class VC (LOVTRC)
2016		0.50%	to	0.80%		112,746		10.03	to	10.01		1,130,586		2.61%		0.28%	to	0.08%	****
Var Insurance Trust II - MFS Investors Growth Stock Portfolio: Initial Class (MV2IGI)
2016		0.00%	to	0.80%		17,163		10.46	to	10.31		177,849		0.56%		6.08%	to	5.23%
2015		0.00%	to	0.80%		20,636		9.86	to	9.80		202,660		0.50%		-1.40%	to	-2.00%	****

	Contract Expense Rate*				Units		Unit Fair Value				Contract Owners’ Equity		Investment Income Ratio**		Total Return***
Variable Insurance Trust - MFS New Discovery Series - Intital Class (MNDIC)
2016		0.50%	to	0.80%		7,478	$	14.18	to	13.98	$	105,666		0.00%		8.51%	to	8.18%
2015		0.50%	to	0.80%		10,222		13.07	to	12.93		133,187		0.00%		-2.37%	to	-2.67%
2014		0.50%	to	0.80%		12,507		13.39	to	13.28		167,080		0.00%		-7.72%	to	-8.00%
2013		0.50%	to	0.80%		21,574		14.51	to	14.43		312,770		0.00%		40.81%	to	40.39%
2012		0.50%	to	0.80%		3,653		10.30	to	10.28		37,618		0.00%		3.02%	to	2.81%	****
Value Series - Initial Class (MVFIC)
2016		0.00%	to	0.80%		91,711		36.04	to	32.30		3,099,974		2.28%		14.09%	to	13.18%
2015		0.00%	to	0.80%		87,843		31.59	to	28.54		2,615,480		2.35%		-0.74%	to	-1.53%
2014		0.00%	to	0.80%		89,656		31.82	to	28.98		2,704,971		1.33%		10.51%	to	9.63%
2013		0.00%	to	0.80%		71,085		28.79	to	26.44		1,948,707		1.22%		35.89%	to	34.80%
2012		0.00%	to	0.80%		77,887		21.19	to	19.61		1,576,122		1.75%		16.26%	to	15.33%
Core Plus Fixed Income Portfolio - Class I (MSVFI)
2016		0.00%	to	0.80%		19,559		16.83	to	15.09		310,364		2.00%		6.11%	to	5.27%
2015		0.00%	to	0.80%		17,230		15.86	to	14.33		256,761		3.38%		-0.65%	to	-1.44%
2014		0.00%	to	0.80%		19,453		15.97	to	14.54		293,831		3.24%		7.85%	to	7.00%
2013		0.00%	to	0.80%		18,667		14.80	to	13.59		266,846		3.97%		-0.32%	to	-1.11%
2012		0.00%	to	0.80%		23,156		14.85	to	13.75		330,542		5.75%		9.44%	to	8.57%
Emerging Markets Debt Portfolio - Class I (MSEM)
2016		0.00%	to	1.00%		24,876		35.98	to	30.32		807,405		5.09%		10.55%	to	9.46%
2015		0.00%	to	1.00%		26,929		32.55	to	27.70		797,388		5.12%		-1.12%	to	-2.10%
2014		0.00%	to	1.00%		29,799		32.91	to	28.30		902,014		5.45%		2.93%	to	1.90%
2013		0.00%	to	1.00%		42,545		31.98	to	27.77		1,245,833		3.76%		-8.75%	to	-9.66%
2012		0.00%	to	1.00%		56,091		35.04	to	30.74		1,802,771		2.88%		17.96%	to	16.78%
U.S. Real Estate Portfolio - Class I (MSVRE)
2016		0.00%	to	1.00%		24,409		91.36	to	43.85		1,306,761		1.28%		6.81%	to	5.75%
2015		0.00%	to	1.00%		24,812		85.54	to	41.47		1,265,754		1.29%		2.17%	to	1.15%
2014		0.00%	to	1.00%		33,626		83.72	to	41.00		1,612,364		1.49%		29.72%	to	28.43%
2013		0.00%	to	1.00%		32,399		64.54	to	31.92		1,248,531		1.21%		2.05%	to	1.04%
2012		0.00%	to	1.00%		51,441		63.24	to	31.59		1,870,640		0.84%		15.84%	to	14.68%
NVIT Investor Destinations Managed Growth Class I (IDPG)
2015				0.50%		15,862				9.69		153,660		1.71%				-4.19%
NVIT Bond Index Fund Class I (NVBX)
2016		0.50%	to	0.80%		26,760		10.39	to	10.30		277,923		3.30%		1.75%	to	1.45%
2015		0.50%	to	0.80%		7,825		10.21	to	10.16		79,833		2.52%		-0.36%	to	-0.66%
2014		0.50%	to	0.80%		4,180		10.24	to	10.22		42,818		3.72%		2.44%	to	2.23%	****
NVIT International Index Fund Class I (NVIX)
2016		0.50%	to	0.80%		9,992		9.07	to	9.00		90,618		2.85%		0.42%	to	0.12%
2015		0.50%	to	0.80%		9,872		9.03	to	8.99		89,175		3.18%		-1.45%	to	-1.75%
2014		0.50%	to	0.80%		453		9.17	to	9.15		4,145		2.22%		-8.32%	to	-8.50%	****
American Century NVIT Multi Cap Value Fund - Class I (NVAMV1)
2016		0.00%	to	1.00%		272,934		28.30	to	26.21		7,423,230		2.36%		20.44%	to	19.24%
2015		0.00%	to	1.00%		298,423		23.50	to	21.98		6,774,869		2.35%		-4.28%	to	-5.23%
2014		0.00%	to	1.00%		340,738		24.55	to	23.19		8,123,560		2.00%		13.12%	to	11.99%
2013		0.00%	to	1.00%		372,043		21.70	to	20.71		7,885,955		1.83%		31.90%	to	30.59%
2012		0.00%	to	1.00%		428,821		16.45	to	15.86		6,923,176		0.95%		14.66%	to	13.52%
American Funds NVIT Asset Allocation Fund - Class II (GVAAA2)
2016		0.00%	to	0.80%		155,432		18.10	to	16.62		2,667,662		1.82%		9.00%	to	8.13%
2015		0.00%	to	0.80%		183,408		16.61	to	15.37		2,903,027		1.47%		0.98%	to	0.18%
2014		0.00%	to	0.80%		156,967		16.44	to	15.34		2,472,224		0.94%		4.99%	to	4.15%
2013		0.00%	to	0.80%		124,360		15.66	to	14.73		1,875,914		1.34%		23.28%	to	22.30%
2012		0.00%	to	0.80%		112,653		12.70	to	12.04		1,381,348		1.43%		15.72%	to	14.79%
American Funds NVIT Bond Fund - Class II (GVABD2)
2016		0.00%	to	0.80%		34,254		13.52	to	12.41		437,719		2.37%		2.65%	to	1.83%
2015		0.00%	to	0.80%		54,192		13.17	to	12.19		678,526		1.34%		-0.23%	to	-1.03%
2014		0.00%	to	0.80%		61,439		13.20	to	12.31		775,210		1.15%		4.98%	to	4.14%
2013		0.00%	to	0.80%		71,177		12.57	to	11.82		860,061		1.73%		-2.57%	to	-3.35%
2012		0.00%	to	0.80%		76,209		12.90	to	12.23		951,395		1.92%		4.97%	to	4.13%

	Contract Expense Rate*				Units		Unit Fair Value				Contract Owners’ Equity		Investment Income Ratio**		Total Return***
American Funds NVIT Global Growth Fund - Class II (GVAGG2)
2016		0.00%	to	0.80%		85,535	$	18.57	to	17.05	$	1,506,034		1.48%		0.19%	to	-0.61%
2015		0.00%	to	0.80%		92,179		18.53	to	17.15		1,626,725		0.65%		6.54%	to	5.69%
2014		0.00%	to	0.80%		94,935		17.39	to	16.23		1,580,636		0.68%		1.84%	to	1.02%
2013		0.00%	to	0.80%		101,666		17.08	to	16.06		1,670,047		0.38%		28.64%	to	27.62%
2012		0.00%	to	0.80%		114,108		13.28	to	12.59		1,463,841		0.80%		22.09%	to	21.11%
American Funds NVIT Growth Fund - Class II (GVAGR2)
2016		0.00%	to	0.80%		106,152		19.31	to	17.73		1,944,191		0.22%		9.06%	to	8.20%
2015		0.00%	to	0.80%		107,876		17.70	to	16.38		1,820,079		0.72%		6.43%	to	5.58%
2014		0.00%	to	0.80%		112,791		16.63	to	15.52		1,796,736		0.44%		8.07%	to	7.21%
2013		0.00%	to	0.80%		131,148		15.39	to	14.48		1,941,961		0.33%		29.61%	to	28.58%
2012		0.00%	to	0.80%		142,174		11.88	to	11.26		1,632,247		0.22%		17.40%	to	16.46%
American Funds NVIT Growth-Income Fund - Class II (GVAGI2)
2016		0.00%	to	0.80%		39,316		16.74	to	15.49		626,938		1.07%		11.09%	to	10.20%
2015		0.00%	to	0.80%		57,553		15.07	to	14.06		830,178		0.82%		1.09%	to	0.28%
2014		0.00%	to	0.80%		77,509		14.91	to	14.02		1,111,476		0.81%		10.23%	to	9.35%
2013		0.00%	to	0.80%		74,243		13.52	to	12.82		971,012		1.03%		32.97%	to	31.91%
2012		0.00%	to	0.80%		76,013		10.17	to	9.72		751,622		0.95%		17.06%	to	16.13%
Federated NVIT High Income Bond Fund - Class I (HIBF)
2016		0.00%	to	0.80%		43,780		24.69	to	22.14		1,022,587		5.54%		14.16%	to	13.25%
2015		0.00%	to	0.80%		47,324		21.63	to	19.55		971,516		4.79%		-2.61%	to	-3.38%
2014		0.00%	to	0.80%		62,280		22.21	to	20.23		1,320,699		5.49%		2.55%	to	1.73%
2013		0.00%	to	0.80%		5,235		21.66	to	19.89		110,398		6.61%		7.07%	to	6.22%
2012		0.00%	to	0.80%		5,384		20.23	to	18.72		106,263		6.54%		14.56%	to	13.64%
NVIT Emerging Markets Fund - Class I (GEM)
2016		0.00%	to	1.00%		91,423		23.17	to	19.40		1,932,364		0.80%		7.72%	to	6.65%
2015		0.00%	to	1.00%		108,444		21.51	to	18.19		2,147,413		0.83%		-15.99%	to	-16.83%
2014		0.00%	to	1.00%		115,025		25.61	to	21.88		2,726,162		1.27%		-5.51%	to	-6.45%
2013		0.00%	to	1.00%		34,669		27.10	to	23.38		844,371		1.13%		0.75%	to	-0.26%
2012		0.00%	to	1.00%		40,391		26.90	to	23.44		983,200		0.49%		17.22%	to	16.05%
NVIT International Equity Fund - Class I (GIG)
2016		0.00%	to	1.00%		224,251		16.20	to	13.84		3,355,953		2.13%		0.87%	to	-0.13%
2015		0.00%	to	1.00%		249,338		16.06	to	13.86		3,717,354		0.49%		-3.06%	to	-4.02%
2014		0.00%	to	1.00%		279,704		16.57	to	14.44		4,319,964		2.89%		-0.45%	to	-1.44%
2013		0.00%	to	1.00%		43,387		16.64	to	14.65		679,396		0.54%		17.83%	to	16.66%
2012		0.00%	to	1.00%		45,936		14.12	to	12.56		614,813		0.85%		15.61%	to	14.46%
Neuberger Berman NVIT Multi Cap Opportunities Fund - Class I (NVNMO1)
2016		0.00%	to	1.00%		863,456		16.32	to	14.96		13,476,214		0.79%		13.60%	to	12.47%
2015		0.00%	to	1.00%		955,017		14.36	to	13.30		13,189,436		0.77%		-1.08%	to	-2.06%
2014		0.00%	to	1.00%		1,044,467		14.52	to	13.58		14,654,852		0.88%		6.60%	to	5.54%
2013		0.00%	to	1.00%		1,179,010		13.62	to	12.87		15,594,821		1.04%		43.82%	to	42.39%
2012		0.00%	to	0.80%		1,255,134		9.47	to	9.12		11,600,085		1.47%		16.94%	to	16.01%
Neuberger Berman NVIT Socially Responsible Fund - Class I (NVNSR1)
2016		0.50%	to	0.80%		6,268		17.49	to	17.04		109,301		0.79%		9.56%	to	9.24%
2015		0.50%	to	0.80%		6,966		15.96	to	15.60		110,884		0.85%		-0.82%	to	-1.12%
2014		0.50%	to	0.80%		8,636		16.09	to	15.78		138,728		0.95%		10.05%	to	9.72%
2013		0.50%	to	0.80%		9,336		14.62	to	14.38		136,295		0.94%		38.07%	to	37.66%
2012		0.50%	to	0.80%		8,694		10.59	to	10.44		92,005		0.59%		10.94%	to	10.61%
NVIT Cardinal Aggressive Fund - Class I (NVCRA1)
2016		0.50%	to	0.80%		18,151		14.39	to	14.02		259,413		2.39%		7.79%	to	7.46%
2015		0.50%	to	0.80%		23,044		13.35	to	13.04		306,120		2.71%		-2.07%	to	-2.36%
2014		0.50%	to	0.80%		23,915		13.63	to	13.36		324,208		2.11%		3.95%	to	3.64%
2013		0.50%	to	0.80%		26,454		13.11	to	12.89		345,034		1.50%		29.00%	to	28.62%
2012		0.50%	to	0.80%		15,770		10.16	to	10.02		159,186		1.08%		15.64%	to	15.30%

	Contract Expense Rate*				Units		Unit Fair Value				Contract Owners’ Equity		Investment Income Ratio**		Total Return***
NVIT Cardinal Balanced Fund - Class I (NVCRB1)
2016		0.00%	to	0.80%		28,761	$	14.67	to	13.69	$	402,841		2.14%		6.28%	to	5.44%
2015		0.00%	to	0.80%		55,893		13.80	to	12.98		741,335		3.15%		-1.05%	to	-1.84%
2014		0.00%	to	0.80%		29,487		13.95	to	13.22		396,731		2.23%		4.46%	to	3.63%
2013		0.00%	to	0.80%		33,453		13.35	to	12.76		432,965		2.05%		14.72%	to	13.80%
2012		0.00%	to	0.80%		21,042		11.64	to	11.21		238,035		1.48%		11.24%	to	10.35%
NVIT Cardinal Capital Appreciation Fund - Class I (NVCCA1)
2016		0.00%	to	0.80%		43,344		15.05	to	14.04		622,243		2.74%		7.32%	to	6.47%
2015		0.00%	to	0.80%		47,510		14.02	to	13.19		639,066		3.01%		-1.15%	to	-1.93%
2014		0.00%	to	0.80%		57,074		14.18	to	13.45		781,124		2.46%		4.70%	to	3.87%
2013		0.00%	to	0.80%		61,151		13.55	to	12.95		803,619		1.94%		21.44%	to	20.48%
2012		0.00%	to	0.80%		46,481		11.15	to	10.75		505,624		1.51%		13.74%	to	12.83%
NVIT Cardinal Conservative Fund - Class I (NVCCN1)
2016		0.00%	to	0.80%		4,802		13.66	to	12.75		62,669		2.70%		4.81%	to	3.98%
2015		0.00%	to	0.80%		3,650		13.03	to	12.26		45,654		1.72%		-0.65%	to	-1.44%
2014		0.00%	to	0.80%		9,727		13.12	to	12.44		123,320		0.27%		3.42%	to	2.60%
2013		0.00%	to	0.80%		122,213		12.69	to	12.12		1,506,412		1.85%		5.03%	to	4.19%
2012		0.00%	to	0.80%		128,438		12.08	to	11.64		1,515,281		1.97%		7.58%	to	6.72%
NVIT Cardinal Moderate Fund - Class I (NVCMD1)
2016		0.00%	to	0.80%		72,436		14.89	to	13.89		1,032,119		2.68%		6.82%	to	5.97%
2015		0.00%	to	0.80%		92,343		13.94	to	13.11		1,238,000		3.00%		-0.98%	to	-1.76%
2014		0.00%	to	0.80%		88,472		14.07	to	13.34		1,202,982		2.49%		4.66%	to	3.82%
2013		0.00%	to	0.80%		91,749		13.45	to	12.85		1,197,382		1.72%		17.98%	to	17.04%
2012		0.00%	to	0.80%		92,029		11.40	to	10.98		1,023,436		1.52%		12.45%	to	11.55%
NVIT Cardinal Moderately Aggressive Fund - Class I (NVCMA1)
2016		0.50%	to	0.80%		51,262		14.36	to	13.99		732,839		2.73%		7.15%	to	6.83%
2015		0.50%	to	0.80%		53,137		13.40	to	13.09		709,071		3.02%		-1.92%	to	-2.21%
2014		0.50%	to	0.80%		52,799		13.66	to	13.39		718,134		2.60%		4.14%	to	3.82%
2013		0.50%	to	0.80%		51,690		13.12	to	12.90		674,948		1.59%		23.74%	to	23.36%
2012		0.50%	to	0.80%		46,451		10.60	to	10.45		489,723		1.37%		14.10%	to	13.75%
NVIT Cardinal Moderately Conservative Fund - Class I (NVCMC1)
2016		0.00%	to	0.80%		9,928		14.41	to	13.45		138,384		2.49%		5.99%	to	5.15%
2015		0.00%	to	0.80%		13,838		13.60	to	12.79		182,273		2.15%		-0.88%	to	-1.67%
2014		0.00%	to	0.80%		22,655		13.72	to	13.01		304,493		2.34%		4.17%	to	3.34%
2013		0.00%	to	0.80%		26,062		13.17	to	12.59		337,294		1.72%		11.33%	to	10.44%
2012		0.00%	to	0.80%		29,959		11.83	to	11.40		348,892		1.57%		10.13%	to	9.25%
NVIT Core Bond Fund - Class I (NVCBD1)
2016		0.00%	to	1.00%		40,956		14.34	to	13.15		554,426		3.20%		5.35%	to	4.30%
2015		0.00%	to	1.00%		39,308		13.61	to	12.61		507,356		2.98%		-0.72%	to	-1.71%
2014		0.00%	to	1.00%		39,970		13.71	to	12.82		523,470		2.56%		5.06%	to	4.01%
2013		0.00%	to	1.00%		45,475		13.05	to	12.33		570,086		2.58%		-1.91%	to	-2.89%
2012		0.00%	to	1.00%		35,977		13.30	to	12.70		465,023		3.26%		7.75%	to	6.68%
NVIT Core Plus Bond Fund - Class I (NVLCP1)
2016		0.50%	to	0.80%		8,474		14.67	to	14.29		123,986		3.07%		3.18%	to	2.87%
2015		0.50%	to	0.80%		8,359		14.22	to	13.90		118,454		1.50%		-0.81%	to	-1.11%
2014		0.50%	to	0.80%		14,705		14.34	to	14.05		210,486		2.44%		4.57%	to	4.25%
2013		0.50%	to	0.80%		11,879		13.71	to	13.48		162,586		2.06%		-2.26%	to	-2.56%
2012		0.50%	to	0.80%		14,970		14.03	to	13.83		209,660		2.43%		6.84%	to	6.52%
NVIT Nationwide Fund - Class I (TRF)
2016		0.00%	to	1.00%		729,684		39.13	to	17.11		48,596,567		1.42%		11.39%	to	10.28%
2015		0.00%	to	1.00%		794,468		35.13	to	15.51		47,598,621		1.20%		0.94%	to	-0.07%
2014		0.00%	to	1.00%		877,892		34.81	to	15.53		51,525,804		1.16%		12.15%	to	11.03%
2013		0.00%	to	1.00%		968,562		31.04	to	13.98		50,240,792		1.32%		31.10%	to	29.80%
2012		0.00%	to	1.00%		1,080,920		23.67	to	10.77		42,525,245		1.41%		14.21%	to	13.08%
NVIT Government Bond Fund - Class I (GBF)
2016		0.00%	to	1.00%		162,381		25.99	to	16.56		5,391,995		1.91%		0.74%	to	-0.26%
2015		0.00%	to	1.00%		172,237		25.80	to	16.60		5,705,897		1.69%		-0.11%	to	-1.10%
2014		0.00%	to	1.00%		191,939		25.83	to	16.78		6,328,719		1.97%		4.57%	to	3.53%
2013		0.00%	to	1.00%		215,753		24.70	to	16.21		6,764,036		1.81%		-4.06%	to	-5.01%
2012		0.00%	to	1.00%		298,463		25.75	to	17.07		9,382,996		2.14%		3.06%	to	2.03%

	Contract Expense Rate*				Units		Unit Fair Value				Contract Owners’ Equity		Investment Income Ratio**		Total Return***
NVIT International Index Fund - Class II (GVIX2)
2016		0.00%	to	0.80%		39,877	$	9.29	to	9.09	$	366,767		2.44%		0.75%	to	-0.05%
2015		0.00%	to	0.80%		42,885		9.22	to	9.09		392,938		2.09%		-1.26%	to	-2.04%
2014		0.00%	to	0.80%		43,094		9.33	to	9.28		401,282		1.63%		-6.67%	to	-7.18%	****
NVIT Investor Destinations Aggressive Fund - Class II (GVIDA)
2016		0.00%	to	1.00%		178,815		24.86	to	21.41		4,269,510		1.88%		9.47%	to	8.38%
2015		0.00%	to	1.00%		94,671		22.71	to	19.75		1,994,621		1.39%		-1.00%	to	-1.98%
2014		0.00%	to	1.00%		102,677		22.94	to	20.15		2,198,277		1.55%		4.99%	to	3.94%
2013		0.00%	to	1.00%		116,767		21.85	to	19.39		2,392,810		1.68%		27.25%	to	25.98%
2012		0.00%	to	1.00%		115,731		17.17	to	15.39		1,871,817		1.52%		15.90%	to	14.75%
NVIT Investor Destinations Balanced Fund - Class II (NVDBL2)
2016		0.00%	to	0.80%		27,043		17.76	to	16.70		471,395		2.06%		6.30%	to	5.46%
2015		0.00%	to	0.80%		21,278		16.70	to	15.84		351,472		1.70%		-0.17%	to	-0.97%
2014		0.00%	to	0.80%		21,450		16.73	to	15.99		355,428		3.02%		4.59%	to	3.75%
2013		0.50%	to	0.80%		6,895		15.63	to	15.41		107,429		1.71%		12.86%	to	12.52%
2012		0.50%	to	0.80%		6,800		13.85	to	13.70		93,837		1.85%		8.84%	to	8.51%
NVIT Investor Destinations Capital Appreciation Fund - Class II (NVDCA2)
2016		0.50%	to	0.80%		4,804		19.71	to	19.27		94,050		1.77%		7.20%	to	6.88%
2015		0.00%	to	0.80%		5,282		19.01	to	18.03		96,696		1.47%		-0.53%	to	-1.32%
2014		0.00%	to	0.80%		5,824		19.11	to	18.27		107,625		1.50%		5.21%	to	4.37%
2013		0.00%	to	0.80%		7,635		18.17	to	17.50		134,905		1.88%		19.49%	to	18.54%
2012		0.50%	to	0.80%		6,030		14.93	to	14.76		89,539		1.64%		11.69%	to	11.35%
NVIT Investor Destinations Conservative Fund - Class II (GVIDC)
2016		0.00%	to	1.00%		25,228		17.55	to	15.12		398,511		1.66%		4.26%	to	3.23%
2015		0.00%	to	1.00%		29,949		16.83	to	14.64		459,878		1.61%		0.26%	to	-0.73%
2014		0.00%	to	1.00%		36,129		16.79	to	14.75		554,727		1.78%		3.89%	to	2.86%
2013		0.00%	to	1.00%		38,417		16.16	to	14.34		578,043		1.58%		4.83%	to	3.79%
2012		0.00%	to	1.00%		49,104		15.42	to	13.82		713,531		1.31%		5.18%	to	4.13%
NVIT Investor Destinations Moderate Fund - Class II (GVIDM)
2016		0.00%	to	1.00%		170,563		21.94	to	18.89		3,506,812		1.89%		7.14%	to	6.08%
2015		0.00%	to	1.00%		176,900		20.47	to	17.81		3,400,620		1.44%		-0.33%	to	-1.33%
2014		0.00%	to	1.00%		224,416		20.54	to	18.05		4,362,478		1.65%		5.18%	to	4.13%
2013		0.00%	to	1.00%		257,540		19.53	to	17.33		4,775,220		1.61%		16.63%	to	15.47%
2012		0.00%	to	1.00%		282,525		16.75	to	15.01		4,494,727		1.58%		10.81%	to	9.71%
NVIT Investor Destinations Moderately Aggressive Fund - Class II (GVDMA)
2016		0.00%	to	1.00%		231,771		23.81	to	20.51		5,118,855		1.80%		8.48%	to	7.40%
2015		0.00%	to	1.00%		243,227		21.95	to	19.09		4,972,297		1.49%		-0.73%	to	-1.72%
2014		0.00%	to	1.00%		256,991		22.11	to	19.43		5,313,970		1.70%		4.96%	to	3.91%
2013		0.00%	to	1.00%		270,794		21.07	to	18.70		5,355,926		1.63%		22.38%	to	21.16%
2012		0.00%	to	1.00%		308,078		17.21	to	15.43		4,990,584		1.56%		13.76%	to	12.63%
NVIT Investor Destinations Moderately Conservative Fund - Class II (GVDMC)
2016		0.00%	to	1.00%		60,451		20.07	to	17.28		1,093,389		0.85%		5.70%	to	4.65%
2015		0.00%	to	1.00%		202,821		18.98	to	16.51		3,565,318		1.67%		-0.03%	to	-1.03%
2014		0.00%	to	1.00%		202,459		18.99	to	16.69		3,576,769		1.81%		4.74%	to	3.70%
2013		0.00%	to	1.00%		194,912		18.13	to	16.09		3,309,421		1.73%		10.49%	to	9.40%
2012		0.00%	to	1.00%		192,674		16.41	to	14.71		2,987,665		1.74%		8.04%	to	6.96%
NVIT Mid Cap Index Fund - Class I (MCIF)
2016		0.00%	to	1.00%		179,792		38.89	to	30.01		6,345,221		1.24%		20.29%	to	19.10%
2015		0.00%	to	1.00%		206,498		32.33	to	25.20		6,121,644		1.16%		-2.53%	to	-3.50%
2014		0.00%	to	1.00%		205,415		33.18	to	26.11		6,248,126		1.07%		9.42%	to	8.33%
2013		0.00%	to	1.00%		221,987		30.32	to	24.10		6,194,520		1.14%		33.05%	to	31.72%
2012		0.00%	to	1.00%		234,630		22.79	to	18.30		4,945,871		1.01%		17.47%	to	16.30%
NVIT Money Market Fund - Class I (SAM)
2016		0.00%	to	1.00%		877,192		15.56	to	10.53		14,375,389		0.01%		0.01%	to	-0.99%
2015		0.00%	to	1.00%		921,079		15.55	to	10.64		15,241,791		0.00%		0.00%	to	-1.00%
2014		0.00%	to	1.00%		1,080,345		15.55	to	10.75		18,082,273		0.00%		0.00%	to	-1.00%
2013		0.00%	to	1.30%		1,110,278		15.55	to	15.03		18,620,052		0.00%		0.00%	to	-1.30%
2012		0.00%	to	1.30%		1,293,558		15.55	to	15.23		22,140,199		0.00%		0.00%	to	-1.30%

	Contract Expense Rate*				Units		Unit Fair Value				Contract Owners’ Equity		Investment Income Ratio**		Total Return***
NVIT Multi-Manager International Growth Fund - Class I (NVMIG1)
2016		0.00%	to	1.00%		384,493	$	9.54	to	9.29	$	3,615,029		1.42%		-2.12%	to	-3.09%
2015		0.00%	to	1.00%		432,427		9.75	to	9.58		4,177,238		0.72%		-0.49%	to	-1.48%
2014		0.00%	to	1.00%		446,203		9.80	to	9.73		4,354,649		1.06%		-2.04%	to	-2.71%	****
NVIT Multi-Manager International Value Fund - Class I (GVDIVI)
2016		0.00%	to	0.80%		24,448		18.94	to	16.98		434,490		2.71%		5.23%	to	4.39%
2015		0.00%	to	0.80%		33,454		18.00	to	16.27		567,297		1.27%		-5.12%	to	-5.88%
2014		0.00%	to	0.80%		28,978		18.97	to	17.28		520,425		3.04%		-9.46%	to	-10.19%
2013		0.00%	to	0.80%		7,825		20.96	to	19.24		155,241		2.32%		21.41%	to	20.44%
2012		0.00%	to	0.80%		8,612		17.26	to	15.98		141,360		0.39%		17.29%	to	16.36%
NVIT Multi-Manager Large Cap Growth Fund - Class I (NVMLG1)
2016		0.00%	to	1.00%		94,633		16.95	to	15.55		1,542,909		0.77%		2.19%	to	1.18%
2015		0.00%	to	1.00%		114,835		16.59	to	15.36		1,833,853		0.39%		3.43%	to	2.41%
2014		0.00%	to	1.00%		138,850		16.04	to	15.00		2,154,180		0.50%		10.44%	to	9.34%
2013		0.00%	to	1.00%		147,302		14.52	to	13.72		2,082,599		0.82%		34.74%	to	33.40%
2012		0.00%	to	1.00%		142,573		10.78	to	10.29		1,502,977		0.46%		16.35%	to	15.19%
NVIT Multi-Manager Large Cap Value Fund - Class I (NVMLV1)
2016		0.00%	to	1.00%		85,015		17.16	to	18.41		1,404,874		1.86%		16.35%	to	15.20%
2015		0.00%	to	1.00%		87,462		14.75	to	15.98		1,246,881		1.22%		-3.15%	to	-4.11%
2014		0.00%	to	1.00%		90,319		15.23	to	16.67		1,335,836		1.15%		10.52%	to	9.42%
2013		0.00%	to	1.00%		113,081		13.78	to	15.23		1,519,433		1.39%		35.44%	to	34.09%
2012		0.00%	to	1.00%		120,539		10.17	to	11.36		1,201,717		1.33%		17.81%	to	16.64%
NVIT Multi-Manager Mid Cap Growth Fund - Class I (NVMMG1)
2016		0.00%	to	1.00%		1,640,505		17.11	to	15.69		26,796,168		0.00%		6.47%	to	5.41%
2015		0.00%	to	1.00%		1,797,627		16.07	to	14.89		27,722,591		0.00%		-0.18%	to	-1.18%
2014		0.00%	to	1.00%		1,938,492		16.10	to	15.06		30,094,977		0.00%		4.04%	to	3.00%
2013		0.00%	to	1.00%		2,115,910		15.48	to	14.63		31,738,191		0.00%		38.94%	to	37.56%
2012		0.00%	to	1.00%		2,322,977		11.14	to	10.63		25,205,961		0.00%		14.90%	to	13.76%
NVIT Multi-Manager Mid Cap Value Fund - Class II (NVMMV2)
2016		0.00%	to	1.00%		1,131,548		21.73	to	19.93		23,469,232		1.39%		17.59%	to	16.43%
2015		0.00%	to	1.00%		1,226,871		18.48	to	17.12		21,751,539		1.18%		-2.89%	to	-3.85%
2014		0.00%	to	1.00%		1,308,006		19.03	to	17.80		24,001,681		1.35%		17.02%	to	15.86%
2013		0.00%	to	1.00%		1,463,947		16.26	to	15.37		23,074,785		1.18%		35.68%	to	34.33%
2012		0.00%	to	1.00%		1,588,483		11.99	to	11.44		18,546,666		1.11%		16.35%	to	15.19%
NVIT Multi-Manager Small Cap Growth Fund - Class I (SCGF)
2016		0.00%	to	1.00%		100,290		14.07	to	11.93		1,310,408		0.00%		8.30%	to	7.23%
2015		0.00%	to	1.00%		125,888		12.99	to	11.12		1,521,010		0.00%		0.76%	to	-0.25%
2014		0.00%	to	1.00%		117,263		12.90	to	11.15		1,408,111		0.00%		2.81%	to	1.79%
2013		0.00%	to	1.00%		176,232		12.54	to	10.96		2,019,914		0.00%		44.29%	to	42.85%
2012		0.00%	to	1.00%		194,158		8.69	to	7.67		1,553,188		0.00%		13.44%	to	12.31%
NVIT Multi-Manager Small Cap Value Fund - Class I (SCVF)
2016		0.00%	to	1.00%		109,672		52.17	to	35.15		5,176,534		0.63%		25.93%	to	24.68%
2015		0.00%	to	1.00%		132,480		41.43	to	28.19		5,020,735		0.70%		-6.02%	to	-6.96%
2014		0.00%	to	1.00%		139,264		44.08	to	30.30		5,624,222		0.52%		7.02%	to	5.96%
2013		0.00%	to	1.30%		163,575		41.19	to	33.60		6,164,091		0.82%		40.40%	to	38.59%
2012		0.00%	to	1.00%		180,700		29.34	to	20.57		4,886,267		0.81%		20.44%	to	19.24%
NVIT Multi-Manager Small Company Fund - Class I (SCF)
2016		0.00%	to	1.00%		234,265		63.59	to	27.14		16,590,872		0.32%		22.83%	to	21.61%
2015		0.00%	to	1.00%		259,198		51.77	to	22.31		14,987,603		0.36%		-1.63%	to	-2.61%
2014		0.00%	to	1.00%		295,850		52.63	to	22.91		17,405,208		0.16%		0.82%	to	-0.19%
2013		0.00%	to	1.00%		344,129		52.20	to	22.96		20,232,379		0.14%		40.91%	to	39.51%
2012		0.00%	to	1.00%		383,102		37.05	to	16.45		16,010,405		0.15%		15.50%	to	14.35%

	Contract Expense Rate*				Units		Unit Fair Value				Contract Owners’ Equity		Investment Income Ratio**		Total Return***
NVIT Multi-Sector Bond Fund - Class I (MSBF)
2016		0.00%	to	1.00%		61,373	$	22.92	to	19.01	$	1,266,470		3.44%		8.65%	to	7.57%
2015		0.00%	to	1.00%		54,232		21.09	to	17.67		1,044,414		1.94%		-2.89%	to	-3.86%
2014		0.00%	to	1.00%		58,597		21.72	to	18.38		1,168,785		3.15%		3.88%	to	2.85%
2013		0.00%	to	1.00%		76,689		20.91	to	17.87		1,472,920		2.58%		-1.12%	to	-2.11%
2012		0.00%	to	1.00%		112,778		21.15	to	18.26		2,201,869		2.55%		12.25%	to	11.13%
NVIT Short Term Bond Fund - Class II (NVSTB2)
2016		0.00%	to	0.80%		47,202		11.75	to	10.97		530,814		1.62%		2.49%	to	1.68%
2015		0.00%	to	0.80%		49,153		11.47	to	10.79		541,895		1.45%		-0.34%	to	-1.14%
2014		0.00%	to	0.80%		51,526		11.51	to	10.91		573,245		0.95%		0.49%	to	-0.31%
2013		0.00%	to	0.80%		52,481		11.45	to	10.94		584,007		1.47%		0.11%	to	-0.69%
2012		0.00%	to	0.80%		47,427		11.44	to	11.02		529,757		1.41%		3.52%	to	2.70%
NVIT Large Cap Growth Fund - Class I (NVOLG1)
2016		0.00%	to	1.00%		2,278,396		26.71	to	24.74		58,514,918		0.78%		3.63%	to	2.60%
2015		0.00%	to	1.00%		2,025,618		25.77	to	24.11		50,524,523		0.62%		5.09%	to	4.05%
2014		0.00%	to	1.00%		2,236,695		24.52	to	23.17		53,332,403		0.71%		8.80%	to	7.72%
2013		0.00%	to	1.30%		2,458,573		22.54	to	21.21		54,111,188		0.78%		36.70%	to	34.94%
2012		0.00%	to	1.30%		2,816,828		16.49	to	15.72		45,581,782		0.69%		18.68%	to	17.15%
Templeton NVIT International Value Fund - Class III (NVTIV3)
2016		0.00%	to	0.80%		12,087		15.56	to	14.63		180,281		2.15%		1.12%	to	0.31%
2015		0.00%	to	0.80%		11,997		15.39	to	14.59		177,741		2.04%		-3.90%	to	-4.67%
2014		0.00%	to	0.80%		11,222		16.01	to	15.30		174,171		3.71%		-8.15%	to	-8.88%
2013		0.00%	to	0.80%		10,518		17.43	to	16.79		178,960		2.50%		20.09%	to	19.14%
2012		0.00%	to	0.80%		6,634		14.51	to	14.09		94,856		3.34%		19.56%	to	18.61%
Invesco NVIT Comstock Value Fund - Class I (EIF)
2016		0.00%	to	0.80%		24,904		31.22	to	27.99		724,027		2.66%		17.89%	to	16.95%
2015		0.00%	to	0.80%		32,104		26.48	to	23.93		796,114		1.53%		-6.30%	to	-7.05%
2014		0.00%	to	0.80%		31,499		28.27	to	25.75		837,977		1.72%		9.17%	to	8.30%
2013		0.00%	to	0.80%		30,815		25.89	to	23.77		754,060		0.00%		35.64%	to	34.56%
2012		0.00%	to	0.80%		27,511		19.09	to	17.67		502,187		1.07%		18.46%	to	17.52%
NVIT Real Estate Fund - Class I (NVRE1)
2016		0.00%	to	1.00%		554,264		16.00	to	14.67		8,464,819		1.99%		7.35%	to	6.28%
2015		0.00%	to	1.00%		624,463		14.91	to	13.81		8,931,249		2.62%		-5.36%	to	-6.30%
2014		0.00%	to	1.00%		716,177		15.75	to	14.73		10,879,790		3.09%		28.88%	to	27.60%
2013		0.00%	to	1.00%		669,846		12.22	to	11.55		7,950,686		1.43%		3.05%	to	2.02%
2012		0.00%	to	1.00%		767,061		11.86	to	11.32		8,876,026		1.01%		15.79%	to	14.63%
Loring Ward NVIT Capital Appreciation Fund - Class P (NVLCAP)
2016		0.50%	to	0.80%		8,185		12.56	to	12.42		102,664		3.28%		10.99%	to	10.65%
2015				0.50%		100				11.32		1,132		1.18%				-3.49%
2014				0.50%		627				11.72		7,351		1.84%				2.82%
Loring Ward NVIT Moderate Fund - Class P (NVLMP)
2016				0.50%		898				12.08		10,847		1.48%				8.42%
2015				0.50%		878				11.14		9,782		1.90%				-2.19%
NVIT Small Cap Index Fund Class II (NVSIX2)
2016		0.50%	to	0.80%		11,412		14.96	to	14.80		170,575		1.34%		20.27%	to	19.91%
2015		0.50%	to	0.80%		9,242		12.44	to	12.34		114,888		1.14%		-5.36%	to	-5.64%
2014		0.50%	to	0.80%		4,685		13.15	to	13.08		61,540		0.64%		4.03%	to	3.72%
2013		0.50%	to	0.80%		4,191		12.64	to	12.61		52,946		1.91%		26.38%	to	26.12%	****
NVIT S&P 500 Index Fund Class I (GVEX1)
2016		0.50%	to	0.80%		189,315		14.88	to	14.72		2,815,915		2.11%		11.11%	to	10.78%
2015		0.50%	to	0.80%		165,957		13.39	to	13.29		2,221,989		1.84%		0.66%	to	0.36%
2014		0.50%	to	0.80%		164,565		13.31	to	13.24		2,189,443		3.30%		12.80%	to	12.46%
2013		0.50%	to	0.80%		82,752		11.80	to	11.77		976,157		2.98%		17.96%	to	17.73%	****
Short Duration Bond Portfolio - I Class Shares (AMTB)
2016		0.00%	to	1.00%		86,152		18.43	to	12.68		1,779,256		0.94%		1.22%	to	0.21%
2015		0.00%	to	1.00%		138,717		18.21	to	12.66		2,510,683		1.48%		0.18%	to	-0.81%
2014		0.00%	to	1.00%		151,480		18.18	to	12.76		2,776,317		1.68%		0.61%	to	-0.39%
2013		0.00%	to	1.30%		161,759		18.07	to	19.48		2,869,961		2.13%		0.62%	to	-0.68%
2012		0.00%	to	1.30%		168,853		17.96	to	19.61		3,078,475		3.05%		4.61%	to	3.25%

	Contract Expense Rate*				Units		Unit Fair Value				Contract Owners’ Equity		Investment Income Ratio**		Total Return***
Guardian Portfolio - I Class Shares (AMGP)
2016		0.00%	to	1.00%		3,983	$	26.32	to	19.63	$	83,916		0.35%		8.73%	to	7.66%
2015		0.00%	to	1.00%		6,866		24.20	to	18.23		146,287		0.70%		-4.97%	to	-5.91%
2014		0.00%	to	1.00%		7,518		25.47	to	19.38		168,168		0.43%		9.03%	to	7.94%
2013		0.00%	to	1.00%		10,511		23.36	to	17.95		209,332		0.80%		38.81%	to	37.43%
2012		0.00%	to	1.00%		10,255		16.83	to	13.06		159,365		0.27%		12.73%	to	11.60%
International Portfolio - S Class Shares (AMINS)
2016				0.00%		1,225				15.53		19,028		0.63%				-1.82%
2015				0.00%		1,304				15.82		20,629		0.97%				1.53%
2014				0.00%		1,255				15.58		19,555		0.35%				-3.27%
2013				0.00%		1,213				16.11		19,541		1.16%				17.83%
2012				0.00%		1,723				13.67		23,556		0.82%				18.48%
Mid-Cap Growth Portfolio - I Class Shares (AMCG)
2016		0.00%	to	1.00%		153,458		10.02	to	9.91		1,530,812		0.00%		4.40%	to	3.36%
2015		0.00%	to	1.00%		180,813		9.60	to	9.59		1,734,951		0.00%		-3.97%	to	-4.12%	****
Mid-Cap Growth Portfolio - S Class Shares (AMMCGS)
2016		0.50%	to	0.80%		4,197		33.97	to	32.60		141,466		0.00%		3.64%	to	3.33%
2015		0.50%	to	0.80%		6,188		32.77	to	31.55		201,732		0.00%		0.49%	to	0.19%
2014				0.00%		530				34.57		18,324		0.00%				7.31%
2013				0.00%		537				32.22		17,301		0.00%				32.28%
2012				0.00%		68				24.35		1,656		0.00%				12.10%
Advisers Management Trust: Large Cap Value Portfolio - Class I (AMTP)
2016		0.00%	to	1.00%		80,984		41.87	to	21.09		2,862,164		0.77%		27.37%	to	26.10%
2015		0.00%	to	1.00%		89,883		32.87	to	16.72		2,568,815		0.78%		-11.80%	to	-12.68%
2014		0.00%	to	1.00%		96,613		37.27	to	19.15		3,108,814		0.75%		9.85%	to	8.76%
2013		0.00%	to	1.00%		105,356		33.93	to	17.61		3,097,535		1.19%		31.14%	to	29.83%
2012		0.00%	to	1.00%		114,677		25.87	to	13.56		2,592,663		0.42%		16.60%	to	15.44%
Advisers Management Trust: Mid Cap Intrinsic Value Portfolio - Class S (AMRS)
2016				0.00%		893				23.53		21,010		0.24%				15.98%
2015				0.00%		1,061				20.29		21,523		0.37%				-8.52%
2014				0.00%		1,220				22.18		27,054		0.68%				13.56%
2013				0.00%		1,376				19.53		26,871		0.82%				36.71%
2012				0.00%		1,543				14.28		22,041		0.30%				15.37%
Socially Responsive Portfolio - I Class Shares (AMSRS)
2016		0.00%	to	0.80%		23,543		32.02	to	28.70		703,447		0.70%		9.86%	to	8.99%
2015		0.00%	to	0.80%		25,033		29.14	to	26.33		684,088		0.55%		-0.46%	to	-1.26%
2014		0.00%	to	0.80%		28,648		29.28	to	26.67		791,284		0.37%		10.38%	to	9.50%
2013		0.00%	to	0.80%		31,752		26.52	to	24.36		797,846		0.78%		37.60%	to	36.51%
2012		0.00%	to	0.80%		24,432		19.28	to	17.84		447,945		0.21%		10.98%	to	10.09%
TOPS Managed Risk Balanced ETF Portfolio - Class 3 (NOTB3)
2016				0.50%		973				10.57		10,283		1.29%				5.49%
TOPS Managed Risk Growth ETF Portfolio - Class 3 (NOTG3)
2016				0.80%		198				10.27		2,033		1.58%				4.67%
2015				0.80%		207				9.81		2,031		1.29%				-9.94%
2014				0.80%		215				10.89		2,342		0.99%				0.38%
2013				0.80%		223				10.85		2,420		1.00%				8.54%	****
VPS Growth and Income Portfolio - Class A (ALVGIA)
2016		0.00%	to	0.80%		12,562		30.43	to	27.28		356,845		1.05%		11.30%	to	10.42%
2015		0.00%	to	0.80%		12,235		27.34	to	24.70		313,874		1.36%		1.70%	to	0.89%
2014		0.00%	to	0.80%		15,203		26.88	to	24.49		384,461		1.18%		9.54%	to	8.67%
2013		0.00%	to	0.80%		32,892		24.54	to	22.53		764,323		1.00%		34.96%	to	33.89%
2012		0.00%	to	0.80%		17,027		18.18	to	16.83		294,638		1.48%		17.52%	to	16.59%
VPS Small/Mid Cap Value Portfolio - Class A (ALVSVA)
2016		0.00%	to	0.80%		27,662		46.38	to	41.57		1,199,444		0.67%		25.09%	to	24.09%
2015		0.00%	to	0.80%		30,399		37.07	to	33.50		1,059,432		0.77%		-5.49%	to	-6.24%
2014		0.00%	to	0.80%		35,245		39.23	to	35.73		1,304,186		0.72%		9.20%	to	8.33%
2013		0.00%	to	0.80%		33,478		35.92	to	32.98		1,140,255		0.61%		38.06%	to	36.96%
2012		0.00%	to	0.80%		39,888		26.02	to	24.08		988,740		0.48%		18.75%	to	17.80%

	Contract Expense Rate*				Units		Unit Fair Value				Contract Owners’ Equity		Investment Income Ratio**		Total Return***
VP Balanced Fund - Class I (ACVB)
2016		0.00%	to	1.00%		178,035	$	35.27	to	18.24	$	5,146,349		1.58%		6.99%	to	5.93%
2015		0.00%	to	1.00%		185,739		32.96	to	17.22		5,191,580		1.77%		-2.57%	to	-3.54%
2014		0.00%	to	1.00%		202,718		33.83	to	17.85		6,313,545		1.53%		9.85%	to	8.76%
2013		0.00%	to	1.30%		173,234		30.80	to	32.31		5,192,773		1.61%		17.43%	to	15.91%
2012		0.00%	to	1.30%		167,449		26.23	to	27.87		4,339,220		2.08%		11.80%	to	10.35%
VP Capital Appreciation Fund - Class I (ACVCA)
2016		0.00%	to	1.00%		70,579		37.13	to	17.01		1,459,428		0.00%		3.23%	to	2.20%
2015		0.00%	to	1.00%		83,442		35.97	to	16.64		1,641,728		0.00%		1.93%	to	0.92%
2014		0.00%	to	1.00%		98,440		35.29	to	16.49		1,852,786		0.00%		8.14%	to	7.06%
2013		0.00%	to	1.30%		100,920		32.63	to	46.38		1,795,382		0.00%		30.92%	to	29.23%
2012		0.00%	to	1.30%		107,645		24.93	to	35.89		1,462,551		0.00%		16.00%	to	14.50%
VP Income & Growth Fund - Class I (ACVIG)
2016		0.00%	to	1.00%		94,337		26.01	to	17.84		2,054,209		2.36%		13.48%	to	12.36%
2015		0.00%	to	1.00%		100,085		22.92	to	15.87		1,942,153		2.07%		-5.62%	to	-6.56%
2014		0.00%	to	1.00%		128,055		24.28	to	16.99		2,665,348		2.02%		12.50%	to	11.38%
2013		0.00%	to	1.00%		139,633		21.59	to	15.25		2,612,178		2.26%		35.82%	to	34.47%
2012		0.00%	to	1.00%		103,967		15.89	to	11.34		1,524,229		2.03%		14.74%	to	13.60%
VP Inflation Protection Fund - Class II (ACVIP2)
2016		0.00%	to	0.80%		64,675		16.25	to	14.57		993,812		1.85%		4.39%	to	3.56%
2015		0.00%	to	0.80%		72,248		15.57	to	14.06		1,069,079		1.96%		-2.47%	to	-3.25%
2014		0.00%	to	0.80%		76,999		15.96	to	14.54		1,171,233		1.26%		3.30%	to	2.48%
2013		0.00%	to	0.80%		93,282		15.45	to	14.19		1,376,314		1.65%		-8.48%	to	-9.21%
2012		0.00%	to	0.80%		144,454		16.88	to	15.62		2,338,647		2.37%		7.39%	to	6.53%
VP International Fund - Class I (ACVI)
2016		0.00%	to	1.00%		24,430		27.42	to	10.66		471,197		1.06%		-5.50%	to	-6.44%
2015		0.00%	to	1.00%		26,275		29.02	to	11.39		531,437		0.33%		0.76%	to	-0.24%
2014		0.00%	to	1.00%		31,160		28.80	to	11.42		498,337		1.68%		-5.51%	to	-6.45%
2013		0.00%	to	1.00%		36,115		30.48	to	12.21		636,897		1.69%		22.41%	to	21.19%
2012		0.00%	to	1.00%		40,913		24.90	to	10.07		616,356		0.85%		21.16%	to	19.95%
VP Mid Cap Value Fund - Class I (ACVMV1)
2016		0.00%	to	0.80%		91,289		33.06	to	30.11		2,844,166		1.70%		22.85%	to	21.88%
2015		0.00%	to	0.80%		80,976		26.91	to	24.71		2,065,583		1.67%		-1.43%	to	-2.22%
2014		0.00%	to	0.80%		83,768		27.30	to	25.27		2,179,777		1.16%		16.42%	to	15.50%
2013		0.00%	to	0.80%		85,896		23.45	to	21.88		1,928,977		1.27%		30.11%	to	29.08%
2012		0.00%	to	0.80%		76,468		18.02	to	16.95		1,325,688		1.97%		16.33%	to	15.40%
VP Ultra(R) Fund - Class I (ACVU1)
2016		0.00%	to	1.00%		809		23.39	to	20.20		17,047		0.76%		4.45%	to	3.41%
2015		0.00%	to	1.00%		8,573		22.40	to	19.53		172,130		0.57%		6.27%	to	5.21%
2014		0.00%	to	1.00%		11,928		21.07	to	18.57		222,110		0.43%		9.99%	to	8.90%
2013				1.00%		10,891				17.05		185,678		0.31%				35.71%
2012		0.00%	to	1.00%		6,088		13.98	to	12.56		80,536		0.00%		13.92%	to	12.79%
Small Cap Stock Index Portfolio - Service Shares (DVSCS)
2016		0.00%	to	1.00%		81,367		36.10	to	31.17		2,725,441		0.84%		25.73%	to	24.48%
2015		0.00%	to	1.00%		75,934		28.71	to	25.04		2,033,512		0.71%		-2.33%	to	-3.30%
2014		0.00%	to	1.00%		78,085		29.40	to	25.90		2,154,442		0.59%		5.12%	to	4.08%
2013		0.00%	to	1.30%		98,177		27.96	to	24.03		2,585,388		1.04%		40.71%	to	38.90%
2012		0.00%	to	1.30%		95,136		19.87	to	17.30		1,791,438		0.48%		15.74%	to	14.24%
Appreciation Portfolio - Initial Shares (DCAP)
2016		0.00%	to	1.00%		141,818		30.57	to	17.29		3,803,048		1.62%		7.90%	to	6.83%
2015		0.00%	to	1.00%		173,129		28.33	to	16.19		4,253,508		1.71%		-2.47%	to	-3.44%
2014		0.00%	to	1.00%		191,958		29.05	to	16.77		4,872,602		1.84%		8.09%	to	7.02%
2013		0.00%	to	1.00%		212,115		26.87	to	15.67		5,025,341		1.94%		21.10%	to	19.90%
2012		0.00%	to	1.00%		257,978		22.19	to	13.07		5,084,399		3.67%		10.43%	to	9.33%
Opportunistic Small Cap Portfolio: Initial Shares (DSC)
2016		0.00%	to	0.80%		14,463		25.95	to	23.26		349,909		0.00%		17.07%	to	16.14%
2015		0.00%	to	0.80%		21,079		22.17	to	20.03		438,462		0.00%		-2.28%	to	-3.06%
2014		0.00%	to	0.80%		14,106		22.68	to	20.66		301,521		0.00%		1.59%	to	0.78%
2013		0.00%	to	0.80%		28,819		22.33	to	20.50		608,716		0.00%		48.55%	to	47.37%
2012		0.00%	to	0.80%		29,707		15.03	to	13.91		423,975		0.00%		20.56%	to	19.60%

	Contract Expense Rate*				Units		Unit Fair Value				Contract Owners’ Equity		Investment Income Ratio**		Total Return***
Growth and Income Portfolio - Initial Shares (DGI)
2016		0.00%	to	1.00%		51,914	$	31.50	to	17.87	$	1,428,081		1.20%		10.03%	to	8.94%
2015		0.00%	to	1.00%		58,822		28.63	to	16.40		1,482,509		0.85%		1.58%	to	0.57%
2014		0.00%	to	1.00%		63,074		28.18	to	16.31		1,571,310		0.78%		10.07%	to	8.98%
2013		0.00%	to	1.00%		70,468		25.61	to	14.96		1,588,414		0.91%		36.78%	to	35.42%
2012		0.00%	to	1.00%		75,494		18.72	to	11.05		1,259,070		1.43%		18.07%	to	16.90%
Managed Tail Risk Fund II: Primary Shares (FVCA2P)
2016		0.00%	to	0.80%		9,131		16.49	to	14.79		145,161		1.73%		-4.20%	to	-4.96%
2015		0.00%	to	0.80%		9,042		17.22	to	15.56		150,537		1.66%		-6.29%	to	-7.04%
2014		0.00%	to	0.80%		9,062		18.37	to	16.73		161,462		1.69%		-0.97%	to	-1.76%
2013		0.00%	to	0.80%		8,972		18.55	to	17.03		161,926		1.20%		16.45%	to	15.52%
2012		0.00%	to	0.80%		9,069		15.93	to	14.75		140,712		0.34%		10.17%	to	9.29%
Quality Bond Fund II - Primary Shares (FQB)
2016		0.00%	to	1.00%		63,907		19.20	to	16.58		1,124,378		3.69%		3.82%	to	2.79%
2015		0.00%	to	1.00%		68,829		18.49	to	16.13		1,173,728		3.79%		-0.24%	to	-1.24%
2014		0.00%	to	1.00%		73,843		18.53	to	16.33		1,268,099		3.97%		3.79%	to	2.76%
2013		0.00%	to	1.00%		94,617		17.86	to	15.89		1,574,553		4.39%		1.03%	to	0.03%
2012		0.00%	to	1.00%		124,241		17.67	to	15.89		2,065,289		4.06%		9.72%	to	8.63%
Equity-Income Portfolio - Initial Class (FEIP)
2016		0.00%	to	1.00%		539,019		42.40	to	21.07		39,326,384		2.28%		18.02%	to	16.85%
2015		0.00%	to	1.00%		595,714		35.93	to	18.03		36,908,208		3.12%		-3.96%	to	-4.92%
2014		0.00%	to	1.00%		676,970		37.41	to	18.97		42,709,270		2.74%		8.72%	to	7.64%
2013		0.00%	to	1.30%		767,539		34.41	to	62.44		44,229,210		2.48%		28.15%	to	26.49%
2012		0.00%	to	1.30%		880,660		26.85	to	49.36		38,865,166		3.10%		17.31%	to	15.79%
High Income Portfolio - Initial Class (FHIP)
2016		0.00%	to	1.00%		224,220		26.43	to	18.86		9,126,380		5.33%		14.61%	to	13.47%
2015		0.00%	to	1.00%		235,350		23.06	to	16.62		8,720,353		6.94%		-3.63%	to	-4.59%
2014		0.00%	to	1.00%		206,870		23.93	to	17.42		7,050,000		5.30%		1.16%	to	0.15%
2013		0.00%	to	1.30%		257,480		23.66	to	44.13		8,390,545		5.55%		5.95%	to	4.58%
2012		0.00%	to	1.30%		291,771		22.33	to	42.20		9,126,948		5.44%		14.23%	to	12.75%
VIP Asset Manager Portfolio - Initial Class (FAMP)
2016		0.00%	to	1.00%		267,459		33.42	to	16.73		10,302,811		1.43%		3.07%	to	2.05%
2015		0.00%	to	1.00%		303,941		32.42	to	16.39		11,344,348		1.54%		0.14%	to	-0.85%
2014		0.00%	to	1.00%		333,655		32.37	to	16.53		12,509,516		1.47%		5.83%	to	4.78%
2013		0.00%	to	1.30%		354,922		30.59	to	44.61		12,697,109		1.55%		15.71%	to	14.21%
2012		0.00%	to	1.30%		389,255		26.44	to	39.05		12,229,441		1.49%		12.48%	to	11.03%
VIP Energy Portfolio - Service Class 2 (FNRS2)
2016		0.00%	to	0.80%		89,056		20.94	to	19.07		1,756,109		0.48%		33.51%	to	32.45%
2015		0.00%	to	0.80%		111,198		15.68	to	14.40		1,651,280		0.96%		-20.75%	to	-21.38%
2014		0.00%	to	0.80%		121,575		19.79	to	18.32		2,292,207		0.61%		-12.76%	to	-13.46%
2013		0.00%	to	0.80%		123,779		22.68	to	21.16		2,685,617		0.70%		24.15%	to	23.16%
2012		0.00%	to	0.80%		136,737		18.27	to	17.19		2,401,088		0.72%		4.73%	to	3.90%
VIP Freedom Fund 2010 Portfolio - Service Class (FF10S)
2016		0.50%	to	0.80%		22,599		17.63	to	17.03		397,112		1.40%		4.75%	to	4.44%
2015		0.00%	to	0.80%		22,917		17.76	to	16.30		385,505		1.55%		-0.31%	to	-1.11%
2014		0.00%	to	0.80%		26,431		17.81	to	16.49		449,715		1.66%		4.35%	to	3.52%
2013		0.00%	to	0.80%		24,584		17.07	to	15.93		403,456		1.64%		13.39%	to	12.49%
2012		0.00%	to	0.80%		25,198		15.05	to	14.16		366,133		1.48%		11.69%	to	10.79%
VIP Freedom Fund 2020 Portfolio - Service Class (FF20S)
2016		0.00%	to	0.80%		75,093		19.50	to	17.77		1,377,594		1.54%		6.04%	to	5.20%
2015		0.00%	to	0.80%		69,003		18.39	to	16.89		1,200,841		1.75%		-0.37%	to	-1.16%
2014		0.00%	to	0.80%		69,148		18.46	to	17.09		1,214,914		1.64%		4.66%	to	3.83%
2013		0.00%	to	0.80%		69,351		17.64	to	16.46		1,169,016		1.67%		15.95%	to	15.03%
2012		0.00%	to	0.80%		77,596		15.21	to	14.31		1,133,026		2.11%		13.19%	to	12.28%

	Contract Expense Rate*				Units		Unit Fair Value				Contract Owners’ Equity		Investment Income Ratio**		Total Return***
VIP Freedom Fund 2030 Portfolio - Service Class (FF30S)
2016		0.00%	to	0.80%		59,883	$	20.45	to	18.63	$	1,148,392		1.37%		6.52%	to	5.67%
2015		0.00%	to	0.80%		61,621		19.20	to	17.63		1,114,587		1.58%		-0.34%	to	-1.13%
2014		0.00%	to	0.80%		66,273		19.27	to	17.83		1,209,777		1.41%		4.86%	to	4.03%
2013		0.00%	to	0.80%		71,020		18.37	to	17.14		1,241,846		1.64%		21.50%	to	20.53%
2012		0.00%	to	0.80%		76,179		15.12	to	14.22		1,103,027		2.04%		15.48%	to	14.56%
VIP Growth Portfolio - Initial Class (FGP)
2016		0.00%	to	1.30%		811,760		39.60	to	69.49		55,021,457		0.04%		0.80%	to	-0.50%
2015		0.00%	to	1.30%		913,368		39.28	to	69.84		60,469,835		0.26%		7.17%	to	5.79%
2014		0.00%	to	1.30%		1,018,407		36.65	to	66.02		62,138,806		0.18%		11.30%	to	9.86%
2013		0.00%	to	1.30%		1,096,597		32.93	to	60.09		60,779,481		0.29%		36.34%	to	34.58%
2012		0.00%	to	1.30%		1,208,074		24.16	to	44.65		49,078,575		0.59%		14.69%	to	13.20%
VIP Investment Grade Bond Portfolio - Service Class (FIGBS)
2016		0.00%	to	0.80%		128,902		17.40	to	15.60		2,108,236		2.33%		4.63%	to	3.80%
2015		0.00%	to	0.80%		131,784		16.63	to	15.03		2,067,703		2.49%		-0.71%	to	-1.50%
2014		0.00%	to	0.80%		138,270		16.75	to	15.26		2,195,991		1.87%		5.75%	to	4.91%
2013		0.00%	to	0.80%		230,006		15.84	to	14.54		3,461,858		2.05%		-1.89%	to	-2.67%
2012		0.00%	to	0.80%		273,385		16.14	to	14.94		4,217,470		2.07%		5.77%	to	4.92%
VIP Mid Cap Portfolio - Service Class (FMCS)
2016		0.00%	to	0.80%		147,825		48.14	to	43.15		6,647,729		0.41%		12.11%	to	11.22%
2015		0.00%	to	0.80%		170,775		42.94	to	38.80		6,883,920		0.37%		-1.50%	to	-2.28%
2014		0.00%	to	0.80%		208,483		43.59	to	39.71		8,573,644		0.16%		6.20%	to	5.35%
2013		0.00%	to	0.80%		219,649		41.05	to	37.69		8,540,926		0.41%		36.06%	to	34.98%
2012		0.00%	to	0.80%		239,445		30.17	to	27.92		6,879,812		0.49%		14.75%	to	13.83%
VIP Overseas Portfolio - Initial Class (FOP)
2016		0.00%	to	1.00%		160,556		24.80	to	12.51		4,407,674		1.38%		-5.06%	to	-6.00%
2015		0.00%	to	1.00%		178,655		26.12	to	13.31		5,235,161		1.30%		3.62%	to	2.59%
2014		0.00%	to	1.00%		200,573		25.21	to	12.97		5,559,225		1.27%		-8.08%	to	-8.99%
2013		0.00%	to	1.30%		225,192		27.43	to	29.18		6,962,818		1.36%		30.44%	to	28.75%
2012		0.00%	to	1.30%		246,603		21.03	to	22.66		6,020,794		1.93%		20.74%	to	19.18%
VIP Overseas Portfolio - Service Class (FOS)
2016		0.00%	to	0.80%		373,222		8.97	to	8.85		3,318,292		1.32%		-5.12%	to	-5.88%
2015		0.00%	to	0.80%		413,370		9.46	to	9.41		3,894,595		1.33%		-5.44%	to	-5.95%	****
VIP Value Strategies Portfolio - Service Class (FVSS)
2016		0.00%	to	1.00%		31,103		28.27	to	24.41		818,990		1.01%		9.48%	to	8.39%
2015		0.00%	to	1.00%		33,099		25.82	to	22.52		799,651		0.97%		-3.05%	to	-4.02%
2014		0.00%	to	1.00%		41,703		26.63	to	23.46		1,042,411		0.80%		6.69%	to	5.63%
2013		0.00%	to	1.00%		51,121		24.96	to	22.21		1,198,573		0.74%		30.44%	to	29.15%
2012		0.00%	to	1.00%		71,462		19.14	to	17.20		1,293,006		0.58%		27.10%	to	25.83%
Goldman Sachs Global Markets Navigator Fund - Service Shares (GVGMNS)
2016				0.80%		873				11.52		10,061		0.28%				3.51%
2015				0.80%		904				11.13		10,065		0.06%				-6.57%
2014		0.50%	to	0.80%		1,470		12.01	to	11.92		17,567		0.04%		3.43%	to	3.12%
2013		0.50%	to	0.80%		1,486		11.61	to	11.56		17,204		0.08%		13.00%	to	12.66%
2012				0.50%		532				10.28		5,468		0.00%				2.78%	****
Capital Income Fund/VA - Non-Service Shares (OVMS)
2016		0.00%	to	1.00%		145,587		28.11	to	14.60		5,351,911		2.37%		5.26%	to	4.21%
2015		0.00%	to	1.00%		158,605		26.71	to	14.01		5,542,256		2.24%		0.83%	to	-0.17%
2014		0.00%	to	1.00%		183,102		26.49	to	14.04		6,081,490		2.05%		8.20%	to	7.12%
2013		0.00%	to	1.30%		197,883		24.48	to	33.56		6,044,426		2.38%		13.17%	to	11.71%
2012		0.00%	to	1.30%		225,752		21.63	to	30.04		5,934,227		1.33%		12.34%	to	10.89%
Core Bond Fund/VA - Non-Service Shares (OVB)
2016		0.00%	to	1.00%		146,333		19.24	to	12.88		3,274,735		3.70%		3.27%	to	2.25%
2015		0.00%	to	1.00%		160,710		18.63	to	12.60		3,510,320		4.04%		0.96%	to	-0.04%
2014		0.00%	to	1.00%		168,554		18.46	to	12.60		3,674,120		4.76%		7.27%	to	6.20%
2013		0.00%	to	1.30%		235,134		17.21	to	21.52		4,996,487		5.06%		-0.10%	to	-1.39%
2012		0.00%	to	1.30%		255,265		17.22	to	21.83		5,346,901		4.88%		10.29%	to	8.86%

	Contract Expense Rate*				Units		Unit Fair Value				Contract Owners’ Equity		Investment Income Ratio**		Total Return***
Global Securities Fund/VA - Non-Service Shares (OVGS)
2016		0.00%	to	1.00%		313,241	$	61.47	to	20.00	$	19,016,144		1.06%		0.08%	to	-0.91%
2015		0.00%	to	1.00%		360,765		61.42	to	20.19		22,042,019		1.31%		3.94%	to	2.91%
2014		0.00%	to	1.00%		377,993		59.09	to	19.62		22,516,195		1.24%		2.29%	to	1.27%
2013		0.00%	to	1.30%		269,140		57.76	to	56.72		14,920,878		1.38%		27.31%	to	25.66%
2012		0.00%	to	1.30%		306,647		45.37	to	45.14		13,329,326		2.15%		21.26%	to	19.70%
International Growth Fund/VA - Non-Service Shares (OVIG)
2016		0.50%	to	0.80%		6,824		9.09	to	9.02		62,019		0.62%		-2.60%	to	-2.90%
2015		0.50%	to	0.80%		3,100		9.34	to	9.29		28,925		1.48%		2.92%	to	2.61%
Main Street Fund(R)/VA - Non-Service Shares (OVGI)
2016		0.00%	to	1.00%		80,670		21.01	to	17.78		1,580,634		1.01%		11.62%	to	10.51%
2015		0.00%	to	1.00%		71,846		18.83	to	16.09		1,268,544		0.92%		3.33%	to	2.30%
2014		0.00%	to	1.00%		85,850		18.22	to	15.73		1,463,161		0.81%		10.70%	to	9.60%
2013		0.00%	to	1.00%		81,288		16.46	to	14.35		1,262,553		1.10%		31.77%	to	30.46%
2012		0.00%	to	1.00%		90,490		12.49	to	11.00		1,071,415		1.07%		16.87%	to	15.71%
Main Street Small- & Mid-Cap Fund(R)/VA - Non-Service Shares (OVSC)
2016		0.00%	to	0.80%		36,886		44.05	to	39.49		1,522,817		0.56%		18.05%	to	17.11%
2015		0.00%	to	0.80%		44,586		37.31	to	33.72		1,564,620		0.85%		-5.90%	to	-6.65%
2014		0.00%	to	0.80%		35,640		39.65	to	36.12		1,334,075		0.86%		11.93%	to	11.04%
2013		0.00%	to	0.80%		45,529		35.42	to	32.53		1,527,646		0.95%		41.01%	to	39.89%
2012		0.00%	to	0.80%		35,783		25.12	to	23.25		853,840		0.60%		17.99%	to	17.04%
Discovery Mid Cap Growth Fund/VA - Non-Service Shares (OVAG)
2016		0.00%	to	1.00%		97,383		11.43	to	8.56		984,863		0.00%		2.33%	to	1.32%
2015		0.00%	to	1.00%		118,599		11.16	to	8.45		1,169,704		0.00%		6.61%	to	5.55%
2014		0.00%	to	1.00%		114,266		10.47	to	8.01		1,062,172		0.00%		5.78%	to	4.73%
2013		0.00%	to	1.00%		123,702		9.90	to	7.64		1,099,907		0.01%		35.98%	to	34.63%
2012		0.00%	to	1.00%		140,680		7.28	to	5.68		926,106		0.00%		16.45%	to	15.29%
Global Strategic Income Fund/VA: Non-service Shares (OVSB)
2016		0.00%	to	0.80%		18,016		10.89	to	10.53		192,234		4.94%		6.53%	to	5.69%
2015		0.00%	to	0.80%		21,107		10.22	to	9.96		212,353		5.75%		-2.26%	to	-3.04%
2014		0.00%	to	0.80%		21,671		10.45	to	10.27		224,373		4.12%		2.84%	to	2.02%
2013		0.00%	to	0.80%		17,746		10.17	to	10.07		179,522		4.89%		-0.13%	to	-0.93%
2012		0.00%	to	0.80%		16,283		10.18	to	10.16		165,626		0.00%		1.80%	to	1.65%	****
All Asset Portfolio - Administrative Class (PMVAAA)
2016		0.50%	to	0.80%		38,837		10.85	to	10.70		420,886		3.00%		12.37%	to	12.03%
2015		0.50%	to	0.80%		21,824		9.65	to	9.55		210,416		3.46%		-9.44%	to	-9.71%
2014		0.50%	to	0.80%		19,994		10.66	to	10.57		212,881		4.03%		-0.03%	to	-0.33%
2013		0.50%	to	0.80%		46,752		10.66	to	10.61		498,218		4.32%		-0.23%	to	-0.53%
2012		0.50%	to	0.80%		69,393		10.69	to	10.66		741,440		5.75%		6.86%	to	6.64%	****
CommodityRealReturn(R) Strategy Portfolio - Administrative Class (PMVRSA)
2016		0.50%	to	0.80%		2,186		6.27	to	6.22		13,712		1.14%		14.58%	to	14.24%
2015				0.50%		1,195				5.47		6,542		5.56%				-26.08%
2014		0.50%	to	0.80%		599		7.41	to	7.39		4,432		0.22%		-25.94%	to	-26.09%	****
Foreign Bond Portfolio (Unhedged) - Administrative Class (PMVFBA)
2016		0.50%	to	0.80%		19,555		11.89	to	11.62		232,260		1.21%		2.49%	to	2.18%
2015		0.50%	to	0.80%		25,040		11.60	to	11.37		290,325		1.52%		-7.55%	to	-7.83%
2014		0.50%	to	0.80%		27,237		12.54	to	12.33		341,480		2.05%		-0.10%	to	-0.40%
2013		0.00%	to	0.80%		43,871		12.85	to	12.38		550,855		1.79%		-6.47%	to	-7.22%
2012		0.00%	to	0.80%		46,261		13.74	to	13.35		624,561		5.63%		5.50%	to	4.65%
Low Duration Portfolio - Administrative Class (PMVLDA)
2016		0.00%	to	0.80%		116,237		12.75	to	11.99		1,438,170		1.50%		1.41%	to	0.60%
2015		0.00%	to	0.80%		127,195		12.58	to	11.92		1,557,147		3.42%		0.31%	to	-0.49%
2014		0.00%	to	0.80%		136,114		12.54	to	11.98		1,667,389		1.12%		0.85%	to	0.04%
2013		0.00%	to	0.80%		159,225		12.43	to	11.97		1,940,996		1.47%		-0.13%	to	-0.93%
2012		0.00%	to	0.80%		196,950		12.45	to	12.09		2,413,206		1.90%		5.86%	to	5.01%
Total Return Portfolio - Administrative Class (PMVTRA)
2016		0.50%	to	0.80%		67,610		11.35	to	11.16		767,133		2.11%		2.17%	to	1.87%
2015		0.50%	to	0.80%		88,806		11.11	to	10.96		986,434		5.07%		-0.07%	to	-0.37%
2014		0.50%	to	0.80%		86,019		11.12	to	11.00		956,030		2.10%		3.75%	to	3.44%
2013		0.50%	to	0.80%		116,742		10.72	to	10.63		1,250,741		2.18%		-2.45%	to	-2.74%
2012		0.50%	to	0.80%		133,615		10.99	to	10.93		1,467,592		2.57%		9.05%	to	8.72%

	Contract Expense Rate*				Units		Unit Fair Value				Contract Owners’ Equity		Investment Income Ratio**		Total Return***
VT Growth & Income Fund: Class IB (PVGIB)
2016		0.00%	to	0.80%		3,854	$	26.14	to	23.44	$	93,297		1.79%		15.02%	to	14.10%
2015		0.00%	to	0.80%		4,323		22.73	to	20.54		91,976		2.83%		-7.53%	to	-8.26%
2014		0.00%	to	0.80%		9,900		24.58	to	22.39		229,158		1.13%		10.73%	to	9.85%
2013		0.00%	to	0.80%		6,448		22.20	to	20.38		135,373		2.08%		35.68%	to	34.60%
2012		0.00%	to	0.80%		6,023		16.36	to	15.14		93,532		1.72%		19.14%	to	18.19%
VT Growth Opportunities Fund: Class IB (PVGOB)
2016		0.50%	to	0.80%		33,522		10.14	to	10.13		339,833		0.00%		1.38%	to	1.35%	****
VT International Equity Fund: Class IB (PVTIGB)
2016		0.00%	to	0.80%		9,294		20.96	to	18.79		182,336		3.30%		-2.45%	to	-3.23%
2015		0.00%	to	0.80%		11,932		21.49	to	19.42		240,722		1.15%		0.14%	to	-0.66%
2014		0.00%	to	0.80%		13,518		21.46	to	19.55		272,706		0.90%		-6.78%	to	-7.52%
2013		0.00%	to	0.80%		13,833		23.02	to	21.14		301,028		1.39%		28.07%	to	27.05%
2012		0.00%	to	0.80%		14,023		17.98	to	16.64		239,475		2.14%		21.92%	to	20.94%
VT Voyager Fund: Class IB (PVTVB)
2015		0.00%	to	0.80%		23,414		25.36	to	22.91		556,522		1.09%		-6.11%	to	-6.86%
2014		0.00%	to	0.80%		18,772		27.01	to	24.60		477,813		0.80%		9.72%	to	8.85%
2013		0.00%	to	0.80%		22,000		24.62	to	22.60		512,604		0.77%		43.72%	to	42.58%
2012		0.00%	to	0.80%		23,071		17.13	to	15.85		375,999		0.38%		14.23%	to	13.32%
VI American Franchise Fund - Series I Shares (ACEG)
2016		0.00%	to	0.80%		5,163		15.91	to	15.33		81,470		0.00%		2.27%	to	1.46%
2015		0.00%	to	0.80%		4,318		15.56	to	15.11		66,675		0.00%		5.01%	to	4.17%
2014		0.00%	to	0.80%		4,951		14.82	to	14.50		72,889		0.06%		8.44%	to	7.58%
2013		0.50%	to	0.80%		1,827		13.55	to	13.48		24,712		0.38%		39.44%	to	39.02%
2012		0.50%	to	0.80%		1,220		9.72	to	9.70		11,846		0.00%		-2.83%	to	-3.03%	****
VI Value Opportunities Fund - Series I Shares (AVBVI)
2016				0.00%		177				23.33		4,129		0.39%				18.34%
2015				0.00%		202				19.71		3,982		2.58%				-10.40%
2014				0.00%		242				22		5,324		1.34%				6.62%
2013				0.00%		306				20.63		6,314		0.67%				33.75%
2012				0.00%		1,028				15.43		15,860		1.75%				17.70%
VI Mid Cap Core Equity Fund: Series I Shares (AVMCCI)
2016				0.50%		61				14.39		878		0.08%				12.87%
2015				0.50%		66				12.75		842		0.10%				-4.51%
2014				0.50%		2,314				13.35		30,901		0.05%				3.91%
2013				0.50%		96				12.85		1,234		0.43%				28.17%
Variable Fund - Multi-Hedge Strategies (RVARS)
2016		0.50%	to	0.80%		4,053		10.41	to	10.30		42,171		0.11%		-0.98%	to	-1.27%
2015		0.50%	to	0.80%		4,795		10.51	to	10.43		50,409		0.48%		1.34%	to	1.04%
2014		0.50%	to	0.80%		672		10.37	to	10.32		6,970		0.00%		4.14%	to	3.83%
2013				0.80%		29				9.94		288		0.00%				-0.58%	****
Health Sciences Portfolio - II (TRHS2)
2016		0.00%	to	0.80%		151,368		30.50	to	28.92		4,473,261		0.00%		-10.72%	to	-11.43%
2015		0.00%	to	0.80%		188,201		34.17	to	32.65		6,257,127		0.00%		12.47%	to	11.57%
2014		0.00%	to	0.80%		184,422		30.38	to	29.27		5,479,700		0.00%		31.22%	to	30.18%
2013		0.00%	to	0.80%		193,626		23.15	to	22.48		4,404,362		0.00%		50.51%	to	49.31%
2012		0.00%	to	0.80%		149,737		15.38	to	15.06		2,273,490		0.00%		31.00%	to	29.95%
Limited-Term Bond Portfolio - II (TRLT2)
2016				0.00%		4,798				13.04		62,568		1.08%				1.12%
2015				0.00%		4,821				12.9		62,169		0.92%				0.06%
2014				0.00%		2,898				12.89		37,350		1.01%				0.39%
2013				0.00%		2,608				12.84		33,480		1.36%				-0.12%
2012				0.00%		10,329				12.85		132,750		1.90%				2.44%

	Contract Expense Rate*				Units		Unit Fair Value				Contract Owners’ Equity		Investment Income Ratio**		Total Return***
VIP Trust - Unconstrained Emerging Markets Bond Fund - Initial Class (VWBF)
2016		0.00%	to	1.00%		46,834	$	21.97	to	17.23	$	1,042,933		0.00%		6.42%	to	5.37%
2015		0.00%	to	1.00%		49,553		20.65	to	16.35		1,042,936		6.78%		-13.09%	to	-13.95%
2014		0.00%	to	1.00%		58,400		23.76	to	19.01		1,403,775		4.92%		2.18%	to	1.17%
2013		0.00%	to	1.30%		61,223		23.25	to	25.42		1,451,379		2.33%		-9.17%	to	-10.34%
2012		0.00%	to	1.30%		69,088		25.60	to	28.35		1,824,066		2.29%		5.55%	to	4.18%
VIP Trust Emerging Markets Fund - Initial Class (VWEM)
2016		0.00%	to	1.00%		142,846		28.26	to	27.03		3,662,307		0.47%		0.10%	to	-0.89%
2015		0.00%	to	1.00%		156,813		28.23	to	27.27		4,035,452		0.58%		-13.99%	to	-14.85%
2014		0.00%	to	1.00%		194,813		32.82	to	32.02		5,908,083		0.51%		-0.41%	to	-1.41%
2013		0.00%	to	1.00%		211,949		32.96	to	32.48		6,487,105		1.56%		12.02%	to	10.91%
2012		0.00%	to	1.00%		236,690		29.42	to	29.29		6,488,332		0.00%		29.81%	to	28.51%
VIP Trust Global Hard Assets Fund - Initial Class (VWHA)
2016		0.00%	to	1.00%		109,288		32.03	to	30.31		4,362,160		0.38%		43.71%	to	42.28%
2015		0.00%	to	1.00%		112,466		22.28	to	21.31		3,199,985		0.03%		-33.45%	to	-34.11%
2014		0.00%	to	1.00%		132,220		33.48	to	32.33		5,556,662		0.09%		-19.10%	to	-19.91%
2013		0.00%	to	1.30%		145,762		41.39	to	54.72		7,629,688		0.71%		10.53%	to	9.11%
2012		0.00%	to	1.00%		170,000		37.45	to	36.89		8,093,159		0.59%		3.39%	to	2.36%
Variable Insurance Portfolios - Asset Strategy (WRASP)
2016		0.00%	to	0.80%		121,332		15.22	to	14.32		1,776,643		0.58%		-2.57%	to	-3.34%
2015		0.00%	to	0.80%		141,615		15.62	to	14.81		2,140,775		0.37%		-8.35%	to	-9.08%
2014		0.00%	to	0.80%		164,816		17.05	to	16.29		2,730,998		0.50%		-5.26%	to	-6.02%
2013		0.00%	to	0.80%		172,375		17.99	to	17.34		3,030,516		1.27%		25.13%	to	24.13%
2012		0.00%	to	0.80%		203,310		14.38	to	13.96		2,870,801		1.16%		19.18%	to	18.22%
Variable Insurance Portfolios - High Income (WRHIP)
2016		0.50%	to	0.80%		57,879		13.04	to	12.86		753,710		6.45%		15.61%	to	15.26%
2015		0.50%	to	0.80%		53,801		11.28	to	11.15		606,128		8.06%		-6.97%	to	-7.25%
2014		0.50%	to	0.80%		59,739		12.12	to	12.03		723,618		4.18%		1.40%	to	1.09%
2013		0.50%	to	0.80%		88,301		11.96	to	11.90		1,055,212		4.88%		9.95%	to	9.62%
2012		0.50%	to	0.80%		71,390		10.87	to	10.85		776,124		0.00%		8.74%	to	8.52%	****
Variable Insurance Portfolios - Mid Cap Growth (WRMCG)
2016		0.50%	to	0.80%		24,509		13.90	to	13.71		340,508		0.00%		5.59%	to	5.27%
2015		0.50%	to	0.80%		22,753		13.17	to	13.02		299,417		0.00%		-6.25%	to	-6.53%
2014		0.50%	to	0.80%		24,481		14.05	to	13.93		343,668		0.00%		7.33%	to	7.01%
2013		0.50%	to	0.80%		27,179		13.09	to	13.02		355,591		0.00%		29.29%	to	28.90%
2012		0.50%	to	0.80%		16,870		10.12	to	10.10		170,756		0.00%		1.22%	to	1.02%	****
Wells Fargo Variable Trust - VT Discovery Fund: Class 2 (SVDF)
2016		0.00%	to	1.00%		18,245		55.67	to	34.27		686,884		0.00%		7.65%	to	6.58%
2015		0.00%	to	1.00%		20,962		51.71	to	32.15		743,396		0.00%		-1.46%	to	-2.44%
2014		0.00%	to	1.00%		22,700		52.48	to	32.96		819,752		0.00%		0.36%	to	-0.64%
2013		0.00%	to	1.30%		23,406		52.29	to	68.43		850,864		0.01%		43.80%	to	41.94%
2012		0.00%	to	1.30%		23,267		36.37	to	48.21		587,253		0.00%		17.74%	to	16.21%
Advantage VT Opportunity Fund - Class 2 (SVOF)
2016		0.00%	to	1.00%		45,057		60.97	to	23.67		1,407,034		2.03%		12.23%	to	11.12%
2015		0.00%	to	1.00%		49,909		54.33	to	21.31		1,439,222		0.13%		-3.08%	to	-4.05%
2014		0.00%	to	1.00%		52,232		56.06	to	22.20		1,572,778		0.06%		10.42%	to	9.33%
2013		0.00%	to	1.30%		54,766		50.77	to	79.68		1,526,748		0.19%		30.68%	to	28.99%
2012		0.00%	to	1.30%		80,184		38.85	to	61.77		1,594,765		0.10%		15.52%	to	14.03%
Advantage VT Small Cap Growth Fund - Class 2 (WFVSCG)
2016		0.00%	to	0.80%		13,108		26.57	to	24.99		334,640		0.00%		7.75%	to	6.89%
2015		0.00%	to	0.80%		17,346		24.66	to	23.38		413,663		0.00%		-2.88%	to	-3.66%
2014		0.00%	to	0.80%		14,713		25.39	to	24.26		362,827		0.00%		-1.88%	to	-2.66%
2013		0.00%	to	0.80%		23,802		25.87	to	24.93		601,046		0.00%		50.23%	to	49.03%
2012		0.00%	to	0.80%		20,028		17.22	to	16.73		337,977		0.00%		7.87%	to	7.01%
Global Securities Fund/VA - Class 3 (obsolete) (OVGS3)
2013		0.00%	to	0.80%		463,067		20.71	to	19.32		9,163,090		1.38%		27.34%	to	26.32%
2012		0.00%	to	0.80%		473,187		16.26	to	15.29		7,387,796		2.14%		21.23%	to	20.26%

	Contract Expense Rate*				Units		Unit Fair Value				Contract Owners’  Equity		Investment Income Ratio**		Total Return***
Templeton Developing Markets Securities Fund - Class 3 (obsolete) (FTVDM3)
2013		0.00%	to	0.80%		57,765	$	19.12	to	17.84	$	1,058,279		1.94%		-0.97%	to	-1.76%
2012		0.00%	to	0.80%		66,989		19.31	to	18.16		1,245,366		1.46%		13.16%	to	12.25%
Templeton Foreign Securities Fund - Class 3 (obsolete) (TIF3)
2013		0.00%	to	0.80%		86,109		18.24	to	17.02		1,504,058		2.22%		22.98%	to	22.00%
2012		0.00%	to	0.80%		70,559		14.83	to	13.95		1,006,879		2.99%		18.30%	to	17.36%
Templeton Global Bond Securities Fund - Class 3 (obsolete) (FTVGI3)
2013		0.00%	to	0.80%		118,045		20.70	to	19.31		2,345,962		4.53%		1.64%	to	0.83%
2012		0.00%	to	0.80%		165,597		20.37	to	19.16		3,249,940		6.12%		15.06%	to	14.14%
Investors Growth Stock Series - Initial Class (obsolete) (MIGIC)
2014		0.00%	to	0.80%		9,468		26.83	to	24.44		239,960		0.51%		11.45%	to	10.56%
2013		0.00%	to	0.80%		9,467		24.07	to	22.11		216,129		0.67%		30.29%	to	29.25%
2012		0.00%	to	0.80%		10,656		18.48	to	17.10		187,711		0.46%		16.97%	to	16.04%
VIP High Income Portfolio - Initial Class R (obsolete) (FHIPR)
2014		0.00%	to	0.80%		243,155		15.51	to	14.59		3,617,131		5.90%		1.18%	to	0.37%
2013		0.00%	to	0.80%		247,587		15.33	to	14.54		3,658,147		5.83%		5.97%	to	5.12%
2012		0.00%	to	0.80%		261,159		14.47	to	13.83		3,661,356		5.71%		14.30%	to	13.39%
Federated NVIT High Income Bond Fund - Class III (obsolete) (HIBF3)
2013		0.00%	to	0.80%		81,707		18.20	to	16.98		1,433,242		6.11%		6.94%	to	6.09%
2012		0.00%	to	0.80%		104,831		17.02	to	16.01		1,724,319		7.64%		14.71%	to	13.79%
NVIT Emerging Markets Fund - Class III (obsolete) (GEM3)
2013		0.00%	to	0.80%		129,754		19.48	to	18.18		2,429,549		1.16%		0.75%	to	-0.05%
2012		0.00%	to	0.80%		140,359		19.34	to	18.19		2,620,166		0.45%		17.24%	to	16.30%
NVIT International Equity Fund - Class III (obsolete) (GIG3)
2013		0.00%	to	0.80%		402,159		9.96	to	9.51		3,890,329		0.53%		17.81%	to	16.87%
2012		0.00%	to	0.80%		434,159		8.45	to	8.14		3,582,250		0.85%		15.58%	to	14.65%
VIP Overseas Portfolio - Service Class R (obsolete) (FOSR)
2014		0.00%	to	0.80%		261,702		16.56	to	15.32		4,132,661		1.25%		-8.18%	to	-8.91%
2013		0.00%	to	0.80%		279,237		18.03	to	16.82		4,824,703		1.32%		30.30%	to	29.26%
2012		0.00%	to	0.80%		307,163		13.84	to	13.01		4,092,570		1.91%		20.67%	to	19.71%
NVIT International Index Fund - Class VI (obsolete) (GVIX6)
2013		0.00%	to	0.80%		44,038		11.84	to	11.14		507,810		2.52%		21.27%	to	20.31%
2012		0.00%	to	0.80%		58,370		9.76	to	9.26		555,714		2.66%		18.29%	to	17.35%
NVIT Multi-Manager International Growth Fund - Class III (obsolete) (NVMIG3)
2013		0.00%	to	1.00%		385,573		12.17	to	18.81		4,615,236		1.24%		21.34%	to	20.13%
2012		0.00%	to	1.00%		423,936		10.03	to	15.66		4,201,919		0.58%		15.78%	to	14.62%
NVIT Multi-Manager International Value Fund - Class III (obsolete) (GVDIV3)
2013		0.00%	to	0.80%		40,107		12.78	to	11.92		493,515		2.31%		21.42%	to	20.45%
2012		0.00%	to	0.80%		44,955		10.52	to	9.90		456,848		0.38%		17.24%	to	16.30%
American Century NVIT Growth Fund - Class I (obsolete) (CAF)
2015		0.00%	to	1.00%		415,809		25.81	to	10.61		13,602,712		0.35%		4.67%	to	3.63%
2014		0.00%	to	1.00%		455,264		24.66	to	10.23		14,270,705		0.35%		11.33%	to	10.22%
2013		0.00%	to	1.30%		499,743		22.15	to	27.51		14,068,259		0.67%		29.74%	to	28.06%
2012		0.00%	to	1.00%		551,597		17.07	to	7.23		12,054,397		0.55%		14.02%	to	12.88%
VP International Fund - Class III (obsolete) (ACVI3)
2014				0.00%		9,678				17.76		171,887		1.62%				-5.51%
2013				0.00%		10,941				18.8		205,643		1.61%				22.41%
2012				0.00%		13,657				15.35		209,698		0.81%				21.16%
VP Vista(SM) Fund - Class I (obsolete) (ACVVS1)
2013				0.00%		2,561				18.87		48,332		0.00%				30.17%
2012				0.00%		2,628				14.5		38,100		0.00%				15.61%
Balanced Portfolio - I Class Shares (obsolete) (AMBP)
2014		0.50%	to	0.80%		1,940		16.70	to	35.32		38,334		0.00%		3.66%	to	3.35%
2013		0.50%	to	0.80%		1,813		16.11	to	34.17		38,850		0.00%		17.89%	to	17.54%
2012		0.50%	to	0.80%		1,601		13.66	to	29.07		32,631		0.00%		8.80%	to	8.47%

	Contract Expense Rate*				Units		Unit Fair Value				Contract Owners’  Equity		Investment Income Ratio**		Total Return***
Growth Portfolio - I Class Shares (obsolete) (AMTG)
2014		0.00%	to	1.00%		111,026	$	34.82	to	11.05	$	1,914,576		0.00%		6.89%	to	5.83%
2013		0.00%	to	1.30%		126,682		32.57	to	46.36		2,048,059		0.00%		31.85%	to	30.15%
2012		0.00%	to	1.30%		134,482		24.70	to	35.62		1,666,756		0.00%		12.60%	to	11.14%
Small-Cap Growth Portfolio - S Class Shares (obsolete) (AMFAS)
2014		0.00%	to	0.80%		9,562		22.17	to	20.19		199,687		0.00%		3.47%	to	2.65%
2013		0.00%	to	0.80%		9,188		21.43	to	19.67		187,124		0.00%		45.83%	to	44.67%
2012		0.00%	to	0.80%		6,998		14.69	to	13.60		98,282		0.00%		8.82%	to	7.95%
2016		Contract owners’ equity:											$	586,988,224
2015		Contract owners’ equity:											$	600,557,383
2014		Contract owners’ equity:											$	659,613,121
2013		Contract owners’ equity:											$	677,429,029
2012		Contract owners’ equity:											$	598,222,370

* This represents the range of annual contract expense rates of the variable account at the period end indicated and includes only those expenses that are charged through a reduction in the unit values. Excluded are expenses of the underlying mutual funds and charges made directly to contract owner accounts through the redemption of units.

** This represents the ratio of dividends for the period indicated, excluding distributions of capital gains, received by the subaccount from the underlying mutual fund, net of management fees assessed by the fund manager, divided by monthly average net assets (excluding months where net assets are zero). The investment income ratio for subaccounts initially funded during the period presented has not been annualized. The ratios exclude those expenses that result in direct reductions to the contract owner accounts through reductions in unit values. The recognition of investment income by the subaccount is affected by the timing of the declaration of dividends by the underlying fund in which the subaccounts invest.

*** This represents the range of minimum and maximum total returns for the period indicated, including changes in the value of the underlying mutual fund, which reflects the reduction of unit values for expenses assessed. The total returns do not include any expenses assessed through the redemption of units; inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return is not annualized if the underlying mutual fund option is initially offered, funded, or both, during the period presented. Minimum and maximum ranges are not shown for underlying mutual fund options for which a single contract expense rate (product option) exists. In such cases, the total return presented is representative of all units issued and outstanding at period end.

**** Subaccounts denoted indicate the underlying mutual fund option was initially added and funded during the period presented. Prior period presentation, which indicated the date the underlying mutual fund was initially added and funded, has been updated to conform with current period presentation.