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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The accumulation unit values of these accounts on the day his premium is received are set forth in the table below, along with the changes in the subaccounts that will occur when Mr.
The convolution method takes place at the multiplication accumulation unit (MAC) of the digital filter style.
variable annuity accumulation unit: A unit similar to a share in a mutual fund that represents a share of a contract owner's ownership in the separate account backing the contract during the years prior to the annuity starting date.
During the accumulation phase premium payments are applied toward the purchase of accumulation units. The value of an accumulation unit is determined by dividing the market value of the underlying investments by the total number of units outstanding.
An accumulation unit, also referred to as a unit of credit, is the measure used to track the value of a variable annuity during the accumulation phase.
They are strain gauges, with an accumulation unit. The weight is averaged and the signal is sent to the PLC.
After the totes are emptied, they are placed on a slider belt conveyor and accumulation unit and before being automatically loaded on a continuously moving overhead system.
The complaints allege that Fidelity maintains a single omnibus account to process trades and maintain positions that are, in turn, divided into accumulation units that replicate the performance of the mutual fund and reflect the interests held by the plans.
Your units may either be income units or accumulation units. If they are income units you will have received income from the distribution.
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. Speak with your adviser or product providers about the differences.