Comparing Annuity Unit Values with Mutual Fund Share Values
actually purchasing units of the annuity variable subaccount, not shares of a mutual fund. For example, if you invest in your annuity’s Fidelity VIP1 Equity-Income investment option, you are purchasing units of the VIP Equity-Income subaccount. In turn, the insurance company buys shares of the underlying funds representing your ownership. ................
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