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Recognized as an industry leader in the area of socially and environmentally responsible investing, Calvert was founded in 1976 and today manages over $9 billion in assets. Calvert's investment philosophy sets it apart from other mutual fund companies by adding an evaluation of a company's business practices to help identify the most financially promising investment opportunities.


Investment Option Asset Category Risk/Reward Potential Objective Primary Investments
Ameritas Money Market*#   1 2 3 4 5 Current income, liquidity, and preservation of capital High-quality money market investments
Income   1 2 3 4 5 Maximize long-term income while preserving capital Corporate bonds, investment-grade income producing securities, and U.S. government-backed obligations
Social Balanced   1 2 3 4 5 Income and capital growth; socially screened 60% in stocks, 40% in bonds and in other fixed income
Social Equity Large-Cap Blend 1 2 3 4 5 Long-term capital appreciation; socially screened Equity securities—primarily companies with total market capitalization of $1 billion or greater
Social International Equity Large-Cap Growth 1 2 3 4 5 Seek to provide a high total return consistent with reasonable risk; socially screened Primarily in an internationally diversified portfolio of equity securities
Social Mid Cap Growth Mid-Cap Growth 1 2 3 4 5 Long-term capital appreciation; socially screened Primarily in a non-diversified portfolio of equity securities of mid-sized companies
Social Small Cap Growth Small-Cap Growth 1 2 3 4 5 Long-term capital appreciation; socially screened Primarily in equity securities of U.S. companies that have small market capitalization

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For more details about products or investment options, see the appropriate prospectus. Read it carefully before you invest or send money.

*Ameritas Variable Series advised by Ameritas Investment Corp. The day-to-day management of the funds is the responsibility of Calvert.
#An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money investing in the fund.

©2004 First Ameritas Life Insurance Corp. of New York • 400 Rella Blvd., Ste 304; Suffern, NY 10901 • 1-877-380-1586 • http://newyork.ameritas.com
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