AAL Capital Management Corp. Posts Record Sales Year.Business Editors APPLETON, Wis adv. 1. Certainly; really; indeed. v. t. 1. To think; to suppose; to imagine; - used chiefly in the first person sing. present tense, I wis. See the Note under Ywis. .--(BUSINESS WIRE)--Feb. 16, 2000 AAL (ATM Adaption Layer) The part of the ATM protocol that breaks up application packets into 48-byte payloads which become ATM cells when the 5-byte headers are attached. The AAL resides between the higher layer transport protocols and the ATM layer. Capital Management Corp., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Aid Association for Lutherans (AAL), continued its success in 1999, with company assets and sales of The AAL Mutual Funds showing large increases. Based in Appleton, Wis., AAL Capital Management Corp. is the investment adviser and distributor for The AAL Mutual Funds and the distributor for two variable annuities Variable annuities Investment contracts whose issuer pays a periodic amount linked to the investment performance of an underlying portfolio. and a variable universal life product. These products are available nationwide to Lutherans and their families. AAL Capital Management Corp. offers shareholders 13 mutual funds and seven variable product investment options. AAL Capital Management Corp., which ranks among the top one-quarter of all mutual fund companies in the country, reported 1999 mutual fund sales of $891 million, up from $857 million in 1998. Mutual fund assets Fund assets The total value of a portfolio's securities, cash, and other holdings, minus any outstanding debts. under management rose to $7.4 billion in 1999 from $5.9 billion in 1998. AAL Capital Management Corp. has 606,469 shareholder accounts. "We are pleased with the success we experienced in 1999," said James Abitz, AAL senior vice president and chief investment officer. "Our success is a reflection of the confidence that AAL members continue to have in AAL Capital Management Corp. We strive to earn that confidence every day by providing the opportunity for attractive returns coupled with disciplined risk management." For more information or to receive a prospectus, please write to AAL Capital Management Corp., 222 W. College Ave AVE Avenue AVE Average AVE Alta Velocidad Espanola (train between Madrid and Seville) AVE Alta Velocidad Española (Spanish: High Speed Train) AVE Audio Video Entertainment AVE Advertising Value Equivalent ., Appleton, WI 54919-0007. The prospectus contains more complete information about The AAL Mutual Funds, including charges and expenses. Please read the prospectus carefully before investing or sending money. |
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