Common use of NET INVESTMENT FACTOR Clause in Contracts

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 ratio of the Subaccount subaccount performance of the current Valuation Day valuation day to the immediately prior Valuation Dayvaluation day. The Subaccount subaccount performance includes gains or losses in the Subaccountssubaccounts, dividends paid, any capital gains or losses, any taxes, mortality and Mortality expense risk charges, and Expense Risk Chargesasset-based administration charges.

NET INVESTMENT FACTOR. The ratio of the Subaccount sub-account performance of the current Valuation Day valuation day to the immediately prior Valuation Dayvaluation day. The Subaccount sub-account performance includes gains or losses in the Subaccountssub-accounts, dividends paid, any capital gains or losses, any taxes, mortality and Mortality expense risk charges, and Expense Risk Chargesasset-based administration charges.

NET INVESTMENT FACTOR. The ratio of the Subaccount subaccount performance of the current Valuation Day valuation day to the immediately prior Valuation Dayvaluation day. The Subaccount subaccount performance includes gains or losses in the Subaccountssubaccounts, dividends paid, any capital gains or losses, any taxestaxes attributable to gains or losses in funds underlying the subaccount, mortality and expense risk charges, and Mortality and Expense Risk Chargesasset-based administration charges.