EQUI-VEST - AXA Equitable

INFORMATION REGARDING THE UNDERLYING PORTFOLIOS (cont’d)
Portfolio Investment Objective Principal Investment Strategy Principal Investment Risks
DOMESTIC EQUITY
Multimanager Mid Cap Value
Portfolio
Long-term growth of
capital.
Under normal circumstances, the
Portfolio intends to invest at least 80%
of its net assets, plus borrowings for
investment purposes, in equity securities
of U.S. mid-capitalization companies.
Medium market capitalization
companies are companies with market
capitalization within the range of
companies in the Russell 2500 Value
Index. The Sub-advisers utilize a valueoriented
investment style that
emphasizes companies deemed to be
currently under-priced according to
certain financial measurements.
• Derivatives Risk
• Equity Risk
• Foreign Investing and Emerging
Markets Risk
• Investment Style Risk
• Issuer-Specific Risk
• Liquidity Risk
• Mid-Capitalization Risk
• Portfolio Management Risk
• Sub-Adviser Selection Risk
Multimanager Small Cap
Growth Portfolio
Long-term growth of
capital.
Under normal circumstances, the
Portfolio will invest at least 80% of its
net assets, plus borrowings for
investment purposes, in equity securities
of U.S. small-capitalization companies.
Small-capitalization companies are
companies with market capitalization
within the range of companies in the
Russell 2000 Growth Index. The
Sub-advisers focus the Portfolio’s
investments on those securities
exhibiting certain growth characteristics.
• Derivatives Risk
• Equity Risk
• Foreign Investing and Emerging
Markets Risk
• Investment Style Risk
• Issuer-Specific Risk
• Liquidity Risk
• Portfolio Management Risk
• Small-Capitalization Risk
• Sub-Adviser Selection Risk
Multimanager Small Cap Value
Portfolio
Long-term growth of
capital.
Under normal circumstances, the
Portfolio invests at least 80% of its net
assets, plus borrowings for investment
purposes, in equity securities of smallcapitalization
companies. Smallcapitalization
companies are companies
with market capitalization within the
range of companies in the Russell 2000
Index.
• Equity Risk
• Foreign Investing and Emerging
Markets Risk
• Investment Style Risk
• Issuer-Specific Risk
• Liquidity Risk
• Portfolio Management Risk
• Small-Capitalization Risk
• Sub-Adviser Selection Risk
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