497 1 d393342d497.htm AXA PREMIER VIP TRUST AXA Premier VIP Trust

AXA PREMIER VIP TRUST

SUPPLEMENT DATED AUGUST 10, 2012 TO THE

STATEMENT OF ADDITIONAL INFORMATION DATED MAY 1, 2012, AS SUPPLEMENTED

 

 

This Supplement updates certain information contained in the Statement of Additional Information (“SAI”) of AXA Premier VIP Trust (“Trust”) dated May 1, 2012, as supplemented. You should read this Supplement in conjunction with the SAI and retain it for future reference. You may obtain an additional copy of the SAI, or a copy of the Summary Prospectus and Prospectus free of charge, by writing to the Trust at 1290 Avenue of the Americas, New York, New York 10104 or you can view, print, and download a copy of these documents by visiting the Trust’s website at www.axa-equitablefunds.com.

*****

Information Regarding

Multimanager Aggressive Equity Portfolio

Effective as of August 1, 2012, the following information is added to the chart in “Appendix B – Portfolio Manager Information – Multimanager Aggressive Equity Portfolio” to reflect the following:

 

Multimanager Aggressive Equity 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
October 31, 2011		   
  
  
 
  		     
 
 
 		 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		  
Legg Mason Capital Management, LLC (“Adviser”)   

Gibboney Huske

      1        
 		 $2.7
Billion		   
  		      1        
 		 $1.2
Billion		   
  		      0         N/A         0         N/A         0         N/A         0         N/A   

Ownership of Securities of the Fund as of October 31, 2011

 

Portfolio Manager

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

Gibboney Huske

    X                  

 

1

*****

Information Regarding

Multimanager Large Cap Value Portfolio

Effective as of July 12, 2012, the following information is added to the chart in “Appendix B – Portfolio Manager Information – Multimanager Large Cap Value Portfolio” to reflect the following:

 

Multimanager Large Cap Value 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 June 30,
2012		   
  
  
  
  		     
 
 
 		 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		  
Institutional Capital LLC (“Adviser”)   

Thomas M. Cole

      17        
 		 $11.01
Billion		   
  		      12        
 		 $1.87
Billion		   
  		      126        
 		 $10.15
Billion		   
  		      0         N/A         0         N/A         10        
 		 $1.09
Billion		   
  

Ownership of Securities of the Fund as of June 30, 2012

 

Portfolio Manager

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

Thomas M. Cole

    X                  

*****

Information Regarding

Multimanager Mid Cap Value Portfolio

Effective as of June 18, 2012, the following information is added to the chart in “Appendix B – Portfolio Manager Information – Multimanager Mid Cap Value Portfolio” to reflect the following:

 

Multimanager Mid Cap Value 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, 2011		   
  
  
  
  		     
 
 
 		 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		  
Lord, Abbett & Co. LLC (“Adviser”)   

Justin C. Maurer

      2        
 		 $2.0
Billion		   
  		      0         N/A         15        
 		 $1.2
Billion		   
  		      0         N/A         0         N/A         1        
 		 $114.5
Million		   
  

Thomas B. Maher

      2        
 		 $2.0
Billion		   
  		      0         N/A         15        
 		 $1.2
Billion		   
  		      0         N/A         0         N/A         1        

 

 $114.5

Million

   

  

Ownership of Securities of the Fund as of December 31, 2011

 

Portfolio Manager

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

Justin C. Maurer

    X                  

Thomas B. Maher

    X                  

 

2

*****

Information Regarding

Multimanager Small Cap Value Portfolio

Effective as of July 1, 2012, the following information is added to the chart in “Appendix B – Portfolio Manager Information – Multimanager Small Cap Value Portfolio” to reflect the following:

 

Multimanager Small Cap Value 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, 2011		   
  
  
  
  		     
 
 
 		 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		  
Franklin Advisory Services, LLC (“Adviser”)   

Steven R. Raineri

      3        
 		 $2.9
Billion		   
  		      0         N/A         0         N/A         0         N/A         0         N/A         0         N/A   

Ownership of Securities of the Fund as of December 31, 2011

 

Portfolio Manager

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

Steven R. Raineri

    X                  

 

3