What are "equitable funds" and how are they different from mutual funds?
July 26th, 2010
My parents were advised to invest in equitable funds because their investment advisor has been delegating his responsibilities by having them in mutual funds. What does all this mean?
My Related Websites
- MPs' parents 'dreading the summer holidays' | NewsBiscuit
- DEATH CROSS « Fagan Associates Newsroom, Registered Investment Advisor
- Brokers and Advisors | How To Invest Money
- The Three Golden Rules for a Mutual Fund Advisor | Investing blog …
- WhisperfromWallStreet WBSI Update – Penny Stock Picks
- How To Invest In ETF Mutual Funds?
- Britney Meets Boyfriend Jason's Parents! | OK! Magazine – The …
- Online mutual funds | Lujakallio Financial Info
- Parents who want genetic testing for their children | KevinMD.com
- Parents of leukaemia child want to sue Icelandic power company …
- How Investment Advisors and Mutual Funds Make Money | hyipmania.com
- Different Types of Bankruptcy-One Chapter at a Time
- Limitation on Erisa Assets Investment in a Hedge Fund. Erisa Plan …
- New Financial Reforms Signed Into Law: Advisor Entities Face …
- Share Market / Mutual Funds?
- Who invests in the stock market? Mutual funds?
- Broker Dealer » Blog Archive » The Differences Between a Broker or …
- Autism Parents Want People to Understand Tantrums | Strollerderby
- Articles.vp.ly » Strategies For Investing In Mutual Funds
Mail this post
Posted in 
Tags: 
Sounds like you are talking about an AXA Equitable Variable Annuity…. yes very different from mutual funds in many respects. It is an insurance policy that invests the premium in "seperate accounts" that are similar to mutual funds; however, these Annuities typically come with high fees and long surrender periods.
It means they should seek the services of a Certified Financial Planner who works on a "fee only" basis, who can give them unbiased advice, since they and you obviously don’t have a clue.