STOCK INDEX. The investment record of the Stock Index for any period, expressed as a percentage of the Stock Index at the beginning of such period, will be the sum of: (i) the change in the level of the Stock Index during the period; (ii) the value, computed consistently with the Stock Index, of cash distributions having an ex-dividend date occurring within the period made by companies whose securities comprise the Stock Index.
Appears in 4 contracts
Samples: Investment Advisory Agreement (Vanguard Variable Insurance Fund), Investment Advisory Agreement (Vanguard/Wellington Fund Inc), Investment Advisory Agreement (Vanguard Variable Insurance Fund)
