Wednesday, May 17, 2006

 

Exchange Traded Funds May Be The Next Big Thing In VAs

Exchange traded insurance funds may be available as a variable annuity subaccount investment option within six months, according to a firm that is seeking patent protection on the product.

ETIFs are exchange traded funds that could be used in insurer products, such as variable annuities, after approval by regulators.

Exchange Traded Funds May Be The Next Big Thing In VAs
Source: Investment News (subscription required)

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