INVESTMENT ACCOUNT RESULTS. Investment results are reflected in the Investment Account each Valuation Period. The investment results for each Division of the Investment Account equal the Division’s share of the Investment Account at the end of the previous Valuation Period times the rate of return for that Division for the current Valuation Period. The rate of return of a Division for a Valuation Period is obtained by taking the result of (a) less (b) and dividing by (b) where: (a) is the sum of: • the value of a share of the corresponding Portfolio of the Fund at the close of the current Valuation Period; plus • the per share amount of any investment income and capital gains distributed by the Fund for the current Valuation Period; and (b) is the value of the share at the close of business for the immediately preceding Valuation Period. The rate of return and corresponding investment results may be positive or negative. If the rate of return is positive, there will be an increase in values for the Division; if it is negative, there will be a decrease in values for the Division.
Appears in 5 contracts
Samples: Individual Flexible Premium Variable Adjustable Life Insurance Policy (Northwestern Mutual Variable Life Account II), Life Insurance Policy (Northwestern Mutual Variable Life Account II), Life Insurance Policy (Northwestern Mutual Variable Life Account II)
INVESTMENT ACCOUNT RESULTS. Investment results are reflected in the Investment Account each Valuation Period. The investment results for each Division of the Investment Account equal the Division’s share of the Investment Account at the end of the previous Valuation Period times the rate of return for that Division for the current Valuation Period. The rate of return of a Division for a Valuation Period is obtained by taking the result of (a) less (b) and dividing by (b) where:
(a) is the sum of: • · the value of a share of the corresponding Portfolio of the Fund at the close of the current Valuation Period; plus • · the per share amount of any investment income and capital gains distributed by the Fund for the current Valuation Period; and
(b) is the value of the share at the close of business for the immediately preceding Valuation Period. The rate of return and corresponding investment results may be positive or negative. If the rate of return is positive, there will be an increase in values for the Division; if it is negative, there will be a decrease in values for the Division.
Appears in 1 contract
Samples: Life Insurance Policy (Northwestern Mutual Variable Life Account II)
