Oracle® Rules Palette Release 9.1.0.0.0 E15811-01

# Fund Type and OIPA Valuation

The OIPA system performs standard calculations when valuing the following types of funds.

- Fixed Funds: Interest is calculated and added to the current amount invested in the fund to determine its value.

- Variable Funds: The current total number of units is multiplied by the current unit price to establish a fund’s value.

- Non-Invest Funds: Viewing the amount of a fund, not included in the policy’s worth.

- Unit Linked Funds: The current total number of units is multiplied by the current unit price to establish a fund’s value. Only partial support.

These types of funds are listed in AsCodeFundTypes and should never be changed as the system will use these specific typecodes for valuation.

Fund Type | TypeCode | Supported
Fixed Funds | 01 | Yes
Variable Funds | 02 | Yes
Fixed ABL Funds | 03 | No
Unitized Fixed Funds | 04 | No
Non-Invest Funds | 05 | Yes
MVA Funds | 06 | No
DCA Funds | 07 | No
Collateral Funds | 08 | No
Equity Index Funds | 09 | No
Unit Linked Variable Funds | 10 | No