Value of Accumulation Units. We generally establish the Accumulation Unit value for a new Investment Account at $1.00 on the date the first deposit is made to the Investment Account. The value of an Accumulation Unit for any later Valuation Period equals the value of an Accumulation Unit for the immediately preceding Valuation Period times the Net Investment Factor for the current Valuation Period. We determine the Accumulation Unit value before giving effect to any additions, withdrawals, or transfers in the current Valuation Period.
Appears in 4 contracts
Samples: Aul American Unit Trust, Aul American Unit Trust, Aul American Unit Trust
Value of Accumulation Units. We generally establish the initial Accumulation Unit value for a new Investment Account at $1.00 on the inception date the first deposit is made to the of that Investment Account. The value of an Accumulation Unit for any later Valuation Period equals reflects [the value of an Accumulation Unit for Section 4.1 income, gains, and losses and the immediately preceding Valuation Period times the Net Section 7.1 Investment Factor for the current Valuation PeriodOption Charge (IOC)]. We determine the Accumulation Unit value before giving effect to any additions, withdrawals, or transfers in the current Valuation Period.
Appears in 3 contracts
Samples: Aul American Unit Trust, Aul American Unit Trust, Aul American Unit Trust
