Accumulation unit

Accumulation Unit

1. In a unit trust, a structure whereby a unit holder automatically reinvests profits from the trust, rather than accepts them as dividends. See also: DRIP.

2. In a variable annuity, the shares that the annuity has purchased with the money the annuitant has invested in it.

Accumulation unit.

Accumulation units are the shares you own in the separate account funds of a variable annuity during the period you're putting money into your annuity.

If you own the annuity in a 401(k) plan, each time you make a contribution that amount is added to one or more of the separate account funds to buy additional accumulation units.

The value of your annuity is figured by multiplying the number of units you own by the dollar value of each unit. During the accumulation phase, that value changes to reflect the changing performance of the underlying investments in the separate account funds.

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Variable annuity accumulation unit values fluctuate according to underlying economic and market conditions.
Variable accumulation unit values of a variable product fluctuate according to underlying economic and market conditions, and it is possible that purchasers could lose up to the entire principal amount invested in a variable product at redemption.
State Street's Portfolio Accounting System (PAS) for the insurance industry has added the Unit Value System (UVS) to provide 24-hour support for customers with insurance separate accounts which calculate accumulation unit values using the Net Investment Factor Method.
The CREF Stock accumulation unit, which had an initial value of one dollar in 1952, is valued at more than $53 today," he said.
All multiplications and additions are calculated in the Processing Unit by a single, shared Multiply Accumulation Unit (MAC).
The returns in the top chart reflect the overall change in accumulation unit values from the beginning of each period to the end of that period net of management fees, administrative fees and fund expenses.
Your units may either be income units or accumulation units.
Accumulation units, when redeemed, may be worth more or less than their original cost.
A local independent financial adviser can discuss the exact choice, but one possibility is Edinburgh Fund of Funds accumulation units (0800 028 6789).
The initial charges are usually taken in initial/capital units, reduced unit allocation or accumulation units.
The contribution or premium is allocated to accumulation Units in the Fund at the offer price.
income or accumulation units in the AXA Framlington Equity Income Fund or