Non Unit Interest

Discussion in 'CT5' started by Kunjesh Parikh, Sep 2, 2017.

  1. Kunjesh Parikh

    Kunjesh Parikh Very Active Member

    If Non Unit fund's Interest rate is not given, then do we assume that it is same as the interest rate on Unit Account?
     
  2. Mark Mitchell

    Mark Mitchell Member

    This is not a situation I'd expect you to have to face. Both interest rates should be given. Have you seen a particular exam question in which only the unit growth rate was given?

    In general, we can't assume the two interest rates are the same, as the underlying assets are likely to be different for the two accounts.
     
    Kunjesh Parikh likes this.

Share This Page