2007-01-01 22:13:43 · 4 answers · asked by Anonymous in Business & Finance ➔ Investing
Metlife Annuity or mutual fund? or funds withing annuity?
No matter what product you are asking about, they have heavy fees! Since you don't pay front charge, you are required to hold for a specific time frame or pay back end charge. Read the prospectus, ask your sales rep, call the customer service. you will get answer.
Need any help? I can offer many more companies and better products. ;)
2007-01-01 22:52:11 · answer #1 · answered by Ted 4 · 0⤊ 0⤋
I assume you are referring to a Variable Annuity (which invests n underlying mutual funds).
You will not see any dividends as they will b automatically reinvested.
Most VA funds do not charge upfront sales loads. However the annuity itself might have a high surrent charge (CDSC). Also, although the fund has no upfront load, you are paying fees on two levels, at the mutual fiund level and at the contract value.
2007-01-02 08:49:13 · answer #2 · answered by Ubiquity 2 · 0⤊ 0⤋
No you didn't. The company did it for you. You should receive annual dividend checks. You have the option of selling your shares and this can be done by visiting Metlife.com.
2007-01-02 06:17:55 · answer #3 · answered by Decoy Duck 6 · 0⤊ 0⤋
did't
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2007-01-02 06:15:07 · answer #4 · answered by muso m 2 · 0⤊ 0⤋