What Are Hybrid Annuities? 
The word hybrid means composite formed by mixed origins , in which the differing components all perform somewhat the same function . In hybrid annuities , buyers can use the differing components of fixed and variable accounts to allocate funds within one annuity . The results is an annuity that has part of it with a guaranteed return , along with the potential for a higher return -LRB- or loss -RRB- from the variable component . 