497 1 d497.htm AXA PREMIER VIP TRUST AXA Premier VIP Trust

AXA PREMIER VIP TRUST

SUPPLEMENT DATED FEBRUARY 12, 2008 TO THE

STATEMENT OF ADDITIONAL INFORMATION DATED MAY 1, 2007

This Supplement updates the above-referenced Statement of Additional Information (“SAI”) of AXA Premier VIP Trust (“Trust”). You may obtain an additional copy of the SAI, free of charge, by writing to the Trust at 1290 Avenue of the Americas, New York, New York 10104.

The purpose of this Supplement is to provide you with information about (1) changes to the portfolio managers of BlackRock Financial Management, Inc. (“BlackRock”), one of the sub-advisers to the Multimanager Core Bond Portfolio and (2) changes to the portfolio managers of Wells Capital Management Inc. (“Wells Capital”), one of the sub-advisers to the Multimanager Small Cap Growth Portfolio.

In Appendix B, the following portfolio manager information replaces the portfolio manager information for BlackRock with respect to the Multimanager Core Bond Portfolio:

 

MULTIMANAGER CORE BOND PORTFOLIO (“FUND”)

 

Portfolio

Manager

  Presented below for each portfolio manager is the number of other
accounts of the Adviser managed by the portfolio manager and the
total assets in the accounts managed within each category, as of
December 31, 2006.*
  Presented below for each of the categories is the number
of accounts and the total assets in the accounts with
respect to which the advisory fee is based on the
performance of the account.
  Registered
Investment
Companies
  Other Pooled
Investment

Vehicles
  Other
Accounts
  Registered
Investment
Companies
  Other Pooled
Investment

Vehicles
  Other
Accounts
  Number
of
Accounts
  Total
Assets
  Number
of
Accounts
  Total
Assets
  Number
of
Accounts
  Total
Assets
  Number
of
Accounts
  Total
Assets
  Number
of
Accounts
  Total
Assets
  Number
of
Accounts
  Total
Assets
BLACKROCK FINANCIAL MANAGEMENT, INC.

Scott Amero

  41   $ 31.4 Billion   31   $ 7.8 Billion   281   $ 94.1 Billion   0   N/A   4   $ 1.6 Billion   24   $ 7.8 Billion

Matthew Marra

  21   $ 21.5 Billion   22   $ 7.7 Billion   301   $ 105.9 Billion   0   N/A   4   $ 1.8 Billion   24   $ 7.7 Billion

Andrew J. Phillips

  29   $ 23.7 Billion   24   $ 8.1 Billion   301   $ 121.2 Billion   0   N/A   3   $ 1.7 Billion   19   $ 6.7 Billion

Ownership of Securities as of December 31, 2006*

 

Portfolio Manager

   None    $1-
$10,000
   $10,001-
$50,000
   $50,001-
$100,000
   $100,001-
$500,000
   $500,001-
$1,000,000
   $1,000,000
Over

Scott Amero

   X                  

Matthew Marra

   X                  

Andrew J. Phillips

   X                  

 

* Information for Mr. Marra and Mr. Phillips is as of September 30, 2007.


In Appendix B, the following portfolio manager information replaces the portfolio manager information for Wells Capital with respect to the Multimanager Small Cap Growth Portfolio:

 

MULTIMANAGER SMALL CAP GROWTH PORTFOLIO (“FUND”)

 

Portfolio

Manager

  Presented below for each portfolio manager is the number of other
accounts of the Adviser managed by the portfolio manager and the
total assets in the accounts managed within each category, as of
December 31, 2006.*
  Presented below for each of the categories is the number
of accounts and the total assets in the accounts with
respect to which the advisory fee is based on the
performance of the account.
  Registered
Investment
Companies
  Other Pooled
Investment
Vehicles
  Other
Accounts
  Registered
Investment
Companies
  Other Pooled
Investment
Vehicles
  Other
Accounts
  Number
of
Accounts
  Total
Assets
  Number
of
Accounts
  Total
Assets
  Number
of
Accounts
  Total
Assets
  Number
of
Accounts
  Total
Assets
  Number
of
Accounts
  Total
Assets
  Number
of
Accounts
  Total
Assets
WELLS CAPITAL MANAGEMENT INC.

Jerome Philpott

  4   $ 737.5 Million   1   $ 61.9 Million   8   $ 1.14 Billion   0   N/A   0   N/A   1   $ 257.6 Million

Stuart Roberts

  4   $ 737.5 Million   1   $ 61.9 Million   8   $ 1.14 Billion   0   N/A   0   N/A   1   $ 257.6 Million

Brandon M. Nelson

  3   $ 2.1 Billion    3   $ 39.1 Million   18   $ 1.1 Billion   0   0   0   0   1   $ 400 Million

Thomas C. Ognar

  3   $ 2.1 Billion    3   $ 39.1 Million   15   $ 1.1 Billion   0   0   0   0   1   $ 400 Million

Bruce C. Olson

  3   $ 2.1 Billion    3   $ 39.1 Million   15   $ 1.1 Billion   0   0   0   0   1   $ 400 Million

Ownership of Securities as of December 31, 2006*

 

Portfolio Manager

   None    $1-
$10,000
   $10,001-
$50,000
   $50,001-
$100,000
   $100,001-
$500,000
   $500,001-
$1,000,000
   $1,000,000
Over

Jerome Philpott

   X                  

Stuart Roberts

   X                  

Brandon M. Nelson

   X                  

Thomas C. Ognar

   X                  

Bruce C. Olson

   X                  

 

* Information for Mr. Nelson, Ognar, and Olson is as of September 30, 2007.