The total assets of the underlying fund of a variable annuity/life subaccount, recorded in millions of dollars. Total asset figures are useful in gauging a fund's size, agility, and popularity.
Benefits
This information can be useful in gauging a fund's mass and agility.
Origin
Morningstar lists the total assets, as they have been reported by the fund.
For the Pros
For VA and VL investors, this figure can be more important than the subaccount net assets, because it reflects the actual amount the manager has to invest.
Where to find it
VA/L Universe--Basics View
VA/L Universe--Operations View