Risk Charge. The Company will deduct the risk charge for expense and mortality guarantees in the calculation of the net investment factor. This charge will not exceed 1.25% on an annual basis of the daily net asset value of each Variable Sub-Account. This deduction is made daily.
Appears in 1 contract
Sources: Group Annuity Contract (Futurefunds Series Account of Great West Life & Ann Ins Co)
Risk Charge. The Company will deduct the risk charge Risk Charge for expense and mortality guarantees in the calculation of the net investment factorNet Investment Factor. This charge will not exceed Charge is equal to 1.25% on an annual basis of the daily net asset value of each Variable Sub-Account. This deduction is made daily.
Appears in 1 contract
Sources: Group Annuity Contract (Futurefunds Series Account of Great West Life & Ann Ins Co)