Q781
In Unit Linked plan, the Fund Value is a product of which of the following:
A.
Gross Asset Value & Net Asset Value
B.
Net Asset Value & Premium
C.
Net Asset Value & Charges
D.
Net Asset Value & No. of Units
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
In Unit Linked plan, the Fund Value is a product of Net Asset Value & No. of Units. A value fund is a fund that follows a value investing strategy and seeks to invest in stocks that are deemed to be undervalued in price based on fundamental characteristics.