Active Management Definition.

Active portfolio management is a strategy whereby an investor seeks to outperform a benchmark index by making active decisions about which securities to buy and sell. An active manager will typically have a large team of analysts and researchers who constantly monitor the market and make recommendations about which securities to buy and sell. The … Read more

What Is a Split-Funded Annuity?

A split-funded annuity is an annuity that is funded by both the annuitant and the annuity issuer. The annuitant’s portion of the annuity is typically invested in a fixed account, while the issuer’s portion is invested in a variable account. The annuitant is then able to receive a guaranteed income for life, regardless of how … Read more