Sentences with phrase «portfolio subaccount»

For contract owners invested in the PIMCO VIT Money Market Portfolio, any value remaining in this subaccount on the Liquidation Date will be transferred automatically to the Fidelity VIP Government Money Market Portfolio subaccount.

Additionally, the Fidelity VIP Government Money Market Portfolio subaccount will replace the PIMCO VIT Money Market Portfolio for future transactions made through any automated program (such as automatic additions, automatic portfolio rebalancing, dollar cost averaging or systematic withdrawal).

Not exact matches

While the value of underlying subaccounts of variable annuities fell through the floor like everything else in the market in 2008, the guaranteed income withdrawal rate (not to be confused with the rate of return of the investment portfolio) did not.

The subaccount is managed with no predetermined style bias; its portfolio may contain both growth and value stocks.

Many variable annuities offer investment portfolios that are actively managed by professional money managers, thereby allowing you to create your own investment strategy among the various subaccounts.

During the accumulation phase of a variable annuity, money paid into the contract (called a premium) is allocated to investment portfolios (called subaccounts) where earnings have the potential to grow tax - deferred.

The subaccount seeks to provide a balanced investment composed of a well diversified portfolio of stocks and bonds which produce both capital growth and current income.

Please see the prospectus for more details concerning any applicable fees and each subaccount investment portfolio's expense.

He invests the assets within the contract in a portfolio of subaccounts that perform poorly.