Mutual Fund vs Variable Annuity Mutual Fund Mutual funds offer no guaranteed rate of return. If you decide you want a guaranteed return, you must transfer your account to a fixed annuity - this could cost you money! You can choose only mutual funds. You can transfer only between funds offered by one company, i.e. Fidelity. Variable Annuity A fixed account has the principal guaranteed by the assets of the company and a minimum rate of return. It provides more flexibility for the safety oriented client because you have a fixed account. You have a choice between some of the finest mutual fund sub-accounts, i.e. Janus, Fidelity, Vantage. |
