Investment Options
The Ameritas Advisor Select No Load Variable Annuity offers 22 investment options managed by ProFund Advisors LLC, an index and speciality index fund authority and innovator. These investment options are designed specifically for active investors who frequently reallocate portfolio assets in reaction to changing marketing conditions. These funds may not be suitable for all investors because of the aggressive techniques they employ.  The use of active investment strategies can decrease performance and increase expenses. You'll find the investment options you need if your goal is to try to match or exceed the performance of an index, to invest in inverse investment options, to focus on a specific market sector and more.

Many ProFunds VP routinely employ leveraged Investment techniques that magnify gains and losses and result in greater volatility in value.  Each leveraged or inverse ProFund VP seek a return that is a multiple (e.g. 125% or 200%) of the return of the index or other benchmark (target) for a single day. Due to the compounding of daily returns, leveraged and inverse ProFunds VP's returns over periods other than one day will likely differ in amount and possible direction from the target return for the same period,.  Investors should monitor holdings consistent with their strategies, as frequently as daily.  For more on correlation, leverage and other risk, please read the prospectus.

If you think a market is headed higher, you can seek to match the performance of an index with the ProFunds VP or magnify daily index returns (gains, losses and volatility) with the Ultra ProFunds VP.

ProFunds VP
Seek daily investment results that match the daily performance of the benchmark index (before fees and expenses). Trade close 3:45 p.m. ET. Read the prospectus for  detailed information about the risks related to the investment options' objectives and strategies.

Investment Option	Benchmark Index
Bull	S&P 500® Index
Small-Cap	Russell 2000® Index
Dow 30	Dow Jones Industrial Average (DJIA)
NASDAQ-100	NASDAQ-100 Index®
Mid-Cap Value	S&P MidCap 400 / Citigroup Value Index
Small-Cap Value	S&P SmallCap 600 / Citigroup Value Index
Europe 30	ProFunds Europe 30 Index

 Ultra ProFunds VP
Seek daily investment results that double the daily performance of the benchmark index (before fees and expenses). Trade close 3:45 p.m.  ET. Read the prospectus for detailed information about the risks related to the investment options' objectives and strategies.

Investment Option	Benchmark Index
UltraBull	S&P 500® Index
UltraSmall-Cap	Russell 2000® Index
UltraNASDAQ-100	NASDAQ-100 Index®
UltraMid-Cap	S&P MidCap 400 Index

If you expect a market decline, you can seek to profit or mitigate loss with the Inverse ProFunds VP. 

Inverse ProFunds VP
Seek daily investment results that correspond to the inverse (opposite) of the daily performance of the benchmark index (before fees and expenses). Trade close 3:45 p.m. ET. Read the prospectus for detailed information about the risks related to the investment options' objectives and strategies.

Investment Option	Benchmark Index
Bear	S&P 500® Index
Short Small-Cap	Russell 2000® Index
Short Dow 30	Dow Jones Industrial Average (DJIA)
Short NASDAQ-100	NASDAQ-100 Index®

If the broad market doesn't seem to be going in a clear direction, you can seek opportunities in segments of the market with the Sector ProFunds VP.

Sector ProFunds VP
Seek daily investment results that correspond to daily performance of the benchmark index (before fees and expenses). Trade close 3:20 p.m. ET. Read the prospectus for detailed information about the risks related to the investment options' objectives and strategies.

Investment Option	Benchmark Index
Oil & Gas	Dow Jones U.S. Oil & Gas Index
Precious Metals	Dow Jones Precious Metals Index
Real Estate	Dow Jones U.S. Real Estate Index

If you're interested in the bond market, the Non-Equity ProFunds VP offer the opportunity to profit when interest rates rise or to offset the adverse impact of rising rates on bond investments.

Non-Equity ProFunds VP Trade close 3:45 p.m. ET. Read the prospectus for detailed information about the risks related to the investment options' objectives and strategies.

Investment Option	Benchmark Security
U.S. Government Plus	Seeks daily investment results that correspond to one and one quarter times (125%) of the daily price movement of the most recently issued 30-year U.S. Treasury Bond (“Long Bond.”)
Rising Rates Opportunity	Seeks daily investment results that correspond to the inverse of one and one quarter  times (125%) of the daily price movement of the most recently issued 30-year U.S. Treasury Bond (“Long Bond.”)

If you're interested in other products managed by  ProFund Advisors,  we also offer:

Access VP High Yield Trade close 3:20 p.m. ET. Read the prospectus for detailed information about the risks related to the investment
option's objectives and strategies.

Investment Option	Objective
Access VP High Yield	Seeks to provide investment results that correspond generally to the total return of the high yield market, consistent with maintaining reasonable liquidity.

If you're interested in other products managed by ProFund Advisors,  we also offer:

Money Market ProFunds  VP Trade close 3:45 p.m. ET. Read the prospectus for detailed information about the risks related to the
investment option's objectives and strategies.

Investment Option	Objective
Money Market	Seeks a high level of current income that is consistent with liquidity and the preservation of capital.

More information is available in the fund reports.