Question: Your client Naomi is using automatic subaccount te - balancing in her variable annuly. What is the purpese of trat? Answers To ensure the average
Your client Naomi is using automatic subaccount tebalancing in her variable annuly. What is the purpese of trat?
Answers
To ensure the average cost of shares purchased is lower than their average price ower the purchase period
To maintain an asset allocation
To move assets from poorly performing portlolios into higher performing portholos
To transfer interest form the foed account into selected walsite subaccounts
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