NET INVESTMENT FACTOR definition

NET INVESTMENT FACTOR. The Net Investment Factor is an index applied to measure the investment performance of a Subaccount from one Valuation Period to the next. The Net Investment Factor for any Subaccount for any Valuation Period is determined by dividing (1) by (2) and subtracting (3) from the result, where:
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NET INVESTMENT FACTOR. The Net Investment Factor for each Sub-Account is determined by dividing A by B and subtracting C where: A is (i) the net asset value per share of the Investment Options or Portfolios of an Investment Option held by the Sub-Account for the current Valuation Period; plus
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NET INVESTMENT FACTOR. The net investment factor for a Subaccount for a Valuation Period is obtained by dividing (1) by (2), where:
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Examples of NET INVESTMENT FACTOR in a sentence

  • NET INVESTMENT FACTOR The net investment factor is an index that measures the investment performance of a Sub-Account from one Valuation Period to the next.

  • NET INVESTMENT FACTOR --------------------- The Net Investment Factor for a Subaccount of the VA Account for a Valuation Period is equal to 1.000000 plus the applicable net investment rate.

  • NET INVESTMENT FACTOR The net investment factor is an index that measures the investment performance of a Subaccount from one Business Day to the next (" the Valuation Period").

  • NET INVESTMENT FACTOR For each Variable Sub-account, the "Net Investment Factor" for a Valuation Period is equal to: - The sum of: - the net asset value per share of the underlying mutual fund of the Sub-account determined at the end of the current Valuation Period; plus - the per share amount of any dividend or capital gain distributions made by the underlying mutual fund of the Sub-account during the current Valuation Period.

  • NET INVESTMENT FACTOR The net investment factor for a Valuation Period is the gross investment rate for such Valuation Period, less a deduction for the charges to the Variable Account including any applicable optional benefit riders as shown on page one.


More Definitions of NET INVESTMENT FACTOR

NET INVESTMENT FACTOR. Each Sub-account has a net investment factor. The net investment factor is an index that measures the investment performance of, and charges assessed against, a Sub-account from one Valuation Period to the next. The net investment factor for a Valuation Period is (a) divided by (b), less (c), where:
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NET INVESTMENT FACTOR. The Net Investment Factor for each Subaccount of the Separate Account is determined by the investment performance of the assets underlying the Subaccount for the Valuation Period just ended. The Net Investment Factor is equal to 1.000000 plus the applicable net investment rate for the Valuation Period. The net investment rate is determined by:
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NET INVESTMENT FACTOR. The Net Investment Factor for each Fund is determined by dividing A by B and multiplying by (1 - C) where: A is (i) the net asset value per share of the Eligible Investment or the Fund of an Eligible Investment held by the Fund at the end of the current Valuation Period; plus
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NET INVESTMENT FACTOR. The net investment factor for each subaccount is determined by dividing (1) by (2) and subtracting (3) from the result, where:
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NET INVESTMENT FACTOR. This is an index used to measure the investment performance of a subaccount from one valuation period to the next. For any subaccount, we determine the Net Investment Factor by dividing the value of the assets of the subaccount for that valuation period by the value of the assets of the subaccount for the preceding valuation period. We subtract from that result the daily equivalent of the asset-based insurance charge for the valuation period. We also take reinvestment of dividends and capital gains into account when we determine the Net Investment Factor. We may adjust the Net Investment Factor to make provision for any change in tax law that requires us to pay tax on earnings in the Separate Account and any charge that may be assessed against the Separate Account for assessments or federal premium taxes or federal, state or local excise, profits or income taxes measured by or attributable to the receipt of Premiums.
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NET INVESTMENT FACTOR. For an Investment Division, the "Net Investment Factor" for a Valuation Period is (1) the Net Assets at the close of business of that Valuation Period, prior to giving effect to any amounts allocated to or withdrawn from the Investment Division during that Valuation Period, divided by (2) the Investment Division's Net Assets at the close of business of the preceding Valuation Period. UNIT: Contributions that are allocated to an Investment Division purchase Units in that Division.
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NET INVESTMENT FACTOR. For this Contract, the Net Investment Factor for each Investment Division of the Separate Account for a Valuation Period is (a) divided by (b), minus (c) where
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