ahtohallan
Keen member
Hi,
In CH 18 - Asset Shares, section 4 refers to the 3 different methods for the calculation of asset shares for UWP. How are the two retrospective approaches (with actual expenses or product charges) possible with the variable premiums and since the investment return is not clear/ available? What investment return is used in these methods? Does it assume that policy level returns are available?
In section 4.3, under the shadow fund approach, unit linked contracts are mentioned? what is the relevance of unit linked funds and the related expense apportionment. Is this to highlight as added benefit of the approach or is there another message highlighted?
Thank you!
In CH 18 - Asset Shares, section 4 refers to the 3 different methods for the calculation of asset shares for UWP. How are the two retrospective approaches (with actual expenses or product charges) possible with the variable premiums and since the investment return is not clear/ available? What investment return is used in these methods? Does it assume that policy level returns are available?
In section 4.3, under the shadow fund approach, unit linked contracts are mentioned? what is the relevance of unit linked funds and the related expense apportionment. Is this to highlight as added benefit of the approach or is there another message highlighted?
Thank you!