Right of Accumulation. A Right of Accumulation permits certain Account Owners to combine the value of assets in their Accounts in the Program (regardless of the Class of Units selected) to determine whether a reduced initial sales charge applies to the purchase of Class A Units. Purchases of the Invesco Government & Agency 529 Portfolio and Bank Savings 529 Portfolio may not be combined to reduce your Class A sales charge. The Program Manager will determine the value of Program Units you currently own based on the greater of aggregate net Contributions or total shares multiplied by the current Net Asset Value.
Appears in 2 contracts
Right of Accumulation. A Right of Accumulation permits certain Account Owners to combine the value of assets in their Accounts in the Program (regardless of the Class of Units selected) to determine whether a reduced initial sales charge applies to the purchase of Class A Units. Purchases of the Invesco Government & Agency 529 Portfolio and Bank Savings 529 Portfolio may not be combined to reduce your Class A sales charge. The Program Manager will determine the value of Program Units you currently own based on the greater of aggregate net Contributions or total shares multiplied by the current Net Asset Value.
Appears in 2 contracts