This is because they usually just use it to steer money into
the subaccount managers that are on a temporary hot streak (AKA «chasing hot funds,» so you'll always be buying high and selling low).
The only loser is the life insurance company / agent / and
subaccount managers with the obsolete inferior VA that you escaped from.
Not exact matches
The
subaccount's
managers seek stocks they believe have been under - estimated by the market.
Many variable annuities offer investment portfolios that are actively managed by professional money
managers, thereby allowing you to create your own investment strategy among the various
subaccounts.
Variable annuities offer a variety of funds («
subaccounts») from various money
managers.
Your registered investment adviser or wealth
manager can help design the investments in your menu of
subaccounts.