There are many variable annuity investment choices available. When choosing the right investment for you it is important to consider the sub accounts that make up the annuity. Some of the available options include aggressive growth funds; these target money supplies that seem to have the greatest capability for making money in the future. Growth funds are another option, these are best for people that are not what are referred to as “aggressive” investors. This invests in companies that have a great possibility for expansion and contains some dividends that keep the losses at a minimum. Balanced funds invest in the safest bonds; a fund’s manager decides what constitutes as “safe”. Convertible funds are an investment that alters between bonds and utilities are sub accounts that invest in companies that offer required utilities i.e. Water or electricity bills. These are known as “conservative” investments that appear to gather money in a slow way. There are many more options available and one should do thorough research before choosing.