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Author: TTRoberts Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 81362  
Subject: Re: Variable annuity trap? Date: 7/19/2000 12:43 AM
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logomc writes:

<< Why throw away the 3%...shift your VA position into a more aggressive portfolio and take advantage tax defferral especially in a typically more aggressive and actively traded fund...also FYI for the ASSET CLASS(Aggressive Growth) VA subaccounts outperform their MF counter parts...1YR performance (3/31/00) MF(avg)-60.06% while VA's were at 72.68%(avg) 21% higher...THIS IS AFTER FEES!!!!!!! >>

One should be VERY cautious and take such claims with a grain of salt. While they may be true, we all know that past performance doesn't guarantee future performance - don't we?? ;-)

While I would guess that logomc is probably licensed and qualified to talk about such things . . . if the NASD or his/her compliance department saw this and new exactly who said it, it's very likely the he/she would receive sanctions for it. Registered reps CAN NOT make such claims as "VA subaccounts outperform their MF counter parts" which implies that they will continue to do so. Perhaps logomc is simply newly registered and is not fully aware of what a registered rep can or cannot say . . . ??? Perhaps he/she meant to say that VA subaccounts have outperformed their MF counter parts. I know it may seem a little nit picky. But, it's the kind of thing registered reps can lose their license over.

Regardless of just who makes such claims . .. BE WARY!
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