You specify how much of your annuity will be invested in
the various subaccounts and your return will be based on the performance of the investments you select.
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.
Not exact matches
Variable annuities offer a variety of funds («
subaccounts») from
various money managers.
This is because variable life insurance cash value balances are invested in
various tax - deferred
subaccounts provided by the insurance company.