ACCUMULATION UNIT VALUE. The Accumulation Unit value of a Variable Account on any Valuation Date is equal to: (a) the Accumulation Unit value of that Variable Account as of the immediately preceding Valuation Date; multiplied by (b) the net investment factor for the Valuation Period ending on the Valuation Date on which the Accumulation Unit value is being determined. The Accumulation Unit value may increase, decrease, or remain unchanged as a result of the value of the net investment factor.
Appears in 5 contracts
Samples: Variable Annuity-8 Series Account, Variable Annuity-8 Series Account (Of Great-West Life & Annuity Insurance Co of New York), Variable Annuity-8 Series Account (Of Great-West Life & Annuity Insurance Co of New York)
ACCUMULATION UNIT VALUE. The Accumulation Unit value Value of a Variable Account on any Valuation Date is equal to: (a) the Accumulation Unit value Value of that Variable Account as of the immediately preceding Valuation Date; multiplied by (b) the net investment factor Net Investment Factor for the Valuation Period ending on the Valuation Date on which the Accumulation Unit value Value is being determined. The Accumulation Unit value Value may increase, decrease, or remain unchanged as a result of the value of the net investment factorNet Investment Factor.
Appears in 1 contract
Samples: Great (Futurefunds Series Account of Great West Life & Ann Ins Co)
