{"id":7623,"date":"2010-12-30T17:14:57","date_gmt":"2010-12-30T22:14:57","guid":{"rendered":"http:\/\/www.annuityfyi.com\/blog\/?p=393"},"modified":"2023-02-15T02:55:01","modified_gmt":"2023-02-15T02:55:01","slug":"variable-annuities-marry-etfs","status":"publish","type":"post","link":"https:\/\/www.annuityfyi.com\/blog\/2010\/12\/variable-annuities-marry-etfs\/","title":{"rendered":"Variable Annuities Marry ETFs"},"content":{"rendered":"<p>According to <em>Barron&#8217;s<\/em>, <a title=\"variable annuities\" href=\"https:\/\/www.annuityfyi.com\/variable-annuities\/\" target=\"_blank\" rel=\"noopener\">variable annuities<\/a> are getting a slight facelift.&nbsp; In Murray Coleman&#8217;s article &#8220;Variable Annuity To Open Next Week Offering ETFs as Investment Options,&#8221; a new type of product is emerging.&nbsp; Insurance companies selling variable annuities typically invest in mutual funds, but the first ETF-based variable annuities will be sold next week, according to <em>Dow Jones Newswires<\/em>.<\/p>\n<p>Varoom, the Variable Annuity for Roll Over Only Money, allows investors to create their own personalized portfolio containing subaccounts investing in only ETFs.&nbsp; Two companies that are part of Western and Southern Financial Group in Cincinnati created Varoom.&nbsp; Integrity Life Insurance and National Integrity Life Insurance will offer investors eighteen different ETFs from which to choose.&nbsp; They are from Vanguard and BlackRock&#8217;s iShares unit.<\/p>\n<p>These products are unique from <a title=\"equity indexed annuities\" href=\"https:\/\/www.annuityfyi.com\/fixed-indexed-annuities\/\" target=\"_blank\" rel=\"noopener\">equity indexed annuities<\/a> and even other variable annuities on the market.&nbsp; The direct investment in the ETF subaccounts is the big change from previous products.&nbsp; Lincoln FInancial Group&#8217;s SSgA Global Tactical Allocation Fund is one example of this kind of fund-of-funds approach.&nbsp; The success of these new variable annuities should determine how many other insurance companies take on such a product.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to Barron&#8217;s, variable annuities are getting a slight facelift.&nbsp; In Murray Coleman&#8217;s article &#8220;Variable Annuity To Open Next Week Offering ETFs as Investment Options,&#8221; a new type of product is emerging.&nbsp; Insurance companies selling variable annuities typically invest in mutual funds, but the first &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Variable Annuities Marry ETFs\" class=\"read-more button\" href=\"https:\/\/www.annuityfyi.com\/blog\/2010\/12\/variable-annuities-marry-etfs\/#more-7623\" aria-label=\"Read more about Variable Annuities Marry ETFs\">Read more<\/a><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34,436,12],"tags":[203,40],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/posts\/7623"}],"collection":[{"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/comments?post=7623"}],"version-history":[{"count":2,"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/posts\/7623\/revisions"}],"predecessor-version":[{"id":26251,"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/posts\/7623\/revisions\/26251"}],"wp:attachment":[{"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/media?parent=7623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/categories?post=7623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/tags?post=7623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}