This general information is provided by and used with the permission of this manager. It may not contain information about the Pacific Select Fund portfolios managed by this manager. Pacific Select Fund portfolios are available only through Pacific Life & Annuity's variable products.

Capital Guardian Trust Company is one of the oldest and largest institutional investment firms in the United States. Tracing its roots back to 1931, Capital Guardian is one of the Capital Group Companies, as are Capital International and American Funds.
Capital Guardian Trust Company has been dedicated to managing separate accounts for institutional clients for more than 40 years and has over $140 billion in assets under management as of December 31, 2007.
Proprietary Research
Capital Guardian Trust Company is known for its outstanding global research effort that drives bottom-up investment decisions. This effort includes thousands of research visits annually and the commitment of substantial resources to global investment research.
Attracting and Retaining Key Professionals
A unique method of portfolio management, the Multiple Portfolio Manager System, blends teamwork with individual accountability and throughout its history has provided Capital Guardian with a sustainable method of achieving investment objectives. Each manager manages a portion of fund assets as if it were the entire portfolio. Research analysts may also manage a portion of the fund's assets, investing in companies in the industries they follow. Portfolio managers and analysts share insights, opinions and outlooks. But in the end, each individual makes his or her own investment decisions based on his or her strongest convictions. This flexible process has helped temper volatility, provided continuity in portfolio management and enhanced long-term results.
Portfolios Managed
Pacific Select Fund
Data as of December 31, 2007.
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 & Annuity Company. Read them carefully before investing or sending money.
This material may only be used in connection with the solicitation of Pacific Life & Annuity Company products in those states where the product solicited has been approved. Product features and availability vary by state.
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