Portfolios & Managers
 Fred Alger Management, Inc.
 AllianceBernstein L.P.
 Analytic Investors, LLC
 Batterymarch Investment Management, Inc.
 BlackRock
 Capital Research and Management Company
 ClearBridge Advisors, LLC
 Columbia Management Advisors, LLC
 Eaton Vance Investment Managers
 Fidelity® Management & Research Company
 Franklin Advisers, Inc.
 GE Asset Management Inc.
 Goldman Sachs Asset Management L.P.
 Invesco, Ltd.
 Janus Capital Management LLC
 Jennison Associates LLC
 J.P. Morgan Investment Management Inc.
 Lazard Asset Management LLC
 Lord Abbett & Co. LLC
 MFS Investment Management®
 Morgan Stanley Investment Management
 NFJ Investment Group, LLC
 OppenheimerFunds, Inc.
 Pacific Asset Management
 Pacific Investment Management Company LLC (PIMCO)
 Pacific Life Fund Advisors
 Royce & Associates, LLC
 T. Rowe Price Associates, Inc.
 UBS Global Asset Management (Americas) Inc
 Van Eck Associates Corporation
 Western Asset Management Company


Capital Research and Management Company (American Funds)

This general information pertains to the manager responsible for the day-to-day management of the portfolio(s) available through Pacific Life’s variable products and the information presented may not relate specifically to the available portfolio(s). The information is provided by and used with the permission of this manager.

The American Funds Growth-Income, American Funds Growth, and American Funds Asset Allocation portfolios of the Pacific Select Fund invest their assets in American Funds Insurance Series Growth-Income Fund, Growth Fund, and Asset Allocation Fund, respectively (each a Master Fund). Capital Research and Management Company is the investment adviser to the Master Funds.

American Funds Insurance Series® is managed by Capital Research and Management Company,SM investment adviser to the American Funds. With more than $900 billion in assets under management as of December 31, 2009, Capital Research and Management Company is one of the nation’s largest investment management firms.

Five factors help make American Funds Insurance Series different:

  • A long-term, value-oriented approach — American Funds Insurance Series portfolio counselors and investment analysts seek to buy securities at reasonable prices relative to their prospects and hold them for the long term.
  • An extensive global research effort — The investment professionals of American Funds Insurance Series travel the world to find the best investment opportunities and gain a comprehensive understanding of companies and markets.
  • The multiple portfolio counselor system —This innovative approach to portfolio management, developed 50 years ago by Capital Research and Management Company, blends teamwork with individual accountability and has provided a sustainable method of achieving fund objectives.
  • Experienced investment professionals — American Funds Insurance Series portfolio counselors have an average of 24 years of investment experience, providing a depth of knowledge and broad perspective that few organizations have.
  • A commitment to low management fees — American Funds Insurance Series management fees are among the lowest in the industry.

Portfolios Managed
  Pacific Select Fund

Data as of December 31, 2009

Asset allocation is the process of distributing investments among varying classes of investments (e.g., stocks and bonds).  It does not guarantee future results, assure a profit, or protect against loss.

Although some portfolios may have names or investment objectives that resemble retail mutual funds managed by the portfolio manager, these portfolios will not have the same underlying holdings or performance as the retail mutual funds.

You should carefully consider a variable life insurance product’s risks, charges, limitations and expenses, as well as the risks, charges, expenses and investment objectives of the underlying investment options. The accompanying product and underlying fund prospectuses contain this and other information about Pacific Life. Read them carefully before investing or sending money.

Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Insurance products are issued by Pacific Life Insurance Company in all states except New York, and in New York by Pacific Life & Annuity Company. Product availability and features may vary by state. Each company is solely responsible for the financial obligations accruing under the products it issues, and its product and rider guarantees are backed by that company’s financial strength and claims-paying ability.

Pacific Select Fund portfolios are available only through Pacific Life's variable insurance products.

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Copyright 2010 © Pacific Life & Annuity Company.