When does IR not equal to NIR?
In wiki page, it states:
When does Investment Return not equal Net Investment Return?
Is there an example of this?
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In wiki page, it states:
When does Investment Return not equal Net Investment Return?
Is there an example of this?
Comments
I know it states:
When it says income from segregated funds and income from movement in investment contract liabilities we can conclude that investment return equals Net investment Return.
But I am still a bit confused on that.
We are excluding net income from segregated funds ( I think this is a life insurance concept) which is pretty much all the source material says. I don't think you would need to know than this for the exam.
Thanks