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Between different variable annuity contracts, why do the unit values for the same investment option differ?

April 26, 2017Annuity contracts differ different Investment option values

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Between different variable annuity contracts, why do the unit values for the same investment option differ?

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Unit values for the same investment option under different variable products may differ because: • The types or level of charges deducted before the unit value is calculated may differ by product. Check your policy/contract prospectus or disclosure brochure for detail on charges for the particular product. • The policies/contracts were introduced in different years and a new set of unit prices was established. Note that although the two products may have different unit values for the same investment option, the annualized rates of return for the products may in fact be the same.