NET INVESTMENT FACTOR. The Net Investment Factor for any Subaccount as of the end of any Valuation Period is determined by dividing (1) by (2) and subtracting (3) from the result, where:
NET INVESTMENT FACTOR. For each Division of the Separate Account the Net Investment Factor for the current period is one plus the net investment rate for that Division. The net investment rate for the current period is equal to the gross investment rate for the Division reduced on each Valuation Date by a Mortality and Expense Risk Charge. The charge for these risks on the Issue Date is shown on page 4. The Company may increase or decrease the charge after the Issue Date, but the Company may not increase the charges to exceed the maximum charges shown on page 4. The gross investment rate for the current period for each Division is equal to a. divided by b. where:
NET INVESTMENT FACTOR. Each Subaccount’s Net Investment Factor for any valuation period is equal to (A / B) – C, where:
NET INVESTMENT FACTOR. The Net Investment Factor is an index applied to measure the investment performance of a Sub-Account from one Valuation Period to the next. The Net Investment Factor may be greater than, less than, or equal to one; therefore, the value of a Variable Accumulation Unit may increase, decrease or remain unchanged. The Net Investment Factor for any Sub-Account for any Valuation Period is determined by dividing (a) by (b) and then subtracting (c) from the result where:
NET INVESTMENT FACTOR. Each Variable Account’s Net Investment Factor for any Valuation Period is equal to (A ÷ B), where:
NET INVESTMENT FACTOR. The ratio of the Subaccount performance of the current Valuation Day to the immediately prior Valuation Day. The Subaccount performance includes gains or losses in the Subaccounts, dividends paid, any capital gains or losses, any taxes, and Mortality and Expense Risk Charges.
NET INVESTMENT FACTOR. The net investment factor for a Variable Account is a calculated value that measures the investment performance of that Variable Account from one Valuation Period to the next. The net investment factor for any Valuation Period is determined by dividing (a) by (b), and then subtracting (c) from the result where:
NET INVESTMENT FACTOR. The net investment factor is used to compute the accumulation unit value for any Fund. For each Valuation Date, for each Fund, the net investment factor is equal to 1.0000000, plus the net return rate. The net return rate equals: [a - b - c] ------------- - e - f d Where:
NET INVESTMENT FACTOR. The Net Investment Factor measures Investment performance of each Division and is used to determine changes in Unit value from one Valuation Period to the next. The Net Investment Factor for a Valuation Period is equal to:
NET INVESTMENT FACTOR. The net investment factor for each Valuation Period is the sum of 1.0000000 plus the Net Investment Rate for that Valuation Period.
