-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BHvRA0z8zyntUxg3ymqqJJLrnt1QTtirJjKYSCr98ej4rhZkP1kAzQcR0/KFB0uP ZPTjdE7tSjpDm5uUpMhGFw== 0000919574-06-000052.txt : 20060105 0000919574-06-000052.hdr.sgml : 20060105 20060104173957 ACCESSION NUMBER: 0000919574-06-000052 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060105 DATE AS OF CHANGE: 20060104 EFFECTIVENESS DATE: 20060105 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALLIANCEBERNSTEIN VARIABLE PRODUCTS SERIES FUND INC CENTRAL INDEX KEY: 0000825316 IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-18647 FILM NUMBER: 06509317 BUSINESS ADDRESS: STREET 1: 500 PLAZA DRIVE STREET 2: 1345 AVENUE OF THE AMERICAS 31ST FL CITY: NEW YORK STATE: NY ZIP: 10105 BUSINESS PHONE: 2013194105 MAIL ADDRESS: STREET 1: ALLIANCE CAPITAL MANGEMENT LP STREET 2: 1345 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10105 497 1 d621281_497.txt This is filed pursuant to Rule 497(e). File Nos. 33-18647 and 811-05398. [LOGO ]AllianceBernstein(R) Investment Research and Management ALLIANCEBERNSTEIN VARIABLE PRODUCTS SERIES FUND -AllianceBernstein Money Market Portfolio -AllianceBernstein Large Cap Growth Portfolio -AllianceBernstein Growth and Income Portfolio -AllianceBernstein U.S. Government/High Grade Securities Portfolio -AllianceBernstein High Yield Portfolio -AllianceBernstein Total Return Portfolio -AllianceBernstein International Portfolio -AllianceBernstein Global Bond Portfolio -AllianceBernstein Americas Government Income Portfolio -AllianceBernstein Global Dollar Government Portfolio -AllianceBernstein Utility Income Portfolio -AllianceBernstein Growth Portfolio -AllianceBernstein Worldwide Privatization Portfolio -AllianceBernstein Global Technology Portfolio -AllianceBernstein Small Cap Growth Portfolio -AllianceBernstein Real Estate Investment Portfolio -AllianceBernstein International Value Portfolio -AllianceBernstein Small/Mid Cap Value Portfolio -AllianceBernstein Value Portfolio -AllianceBernstein U.S. Large Cap Blended Style Portfolio -AllianceBernstein Wealth Appreciation Strategy Portfolio -AllianceBernstein Balanced Wealth Strategy Portfolio -AllianceBernstein Global Research Growth Portfolio - ------------------------------------------------------------------------------- SUPPLEMENT TO THE CURRENT PROSPECTUS JANUARY 4, 2006 On December 6, 2005, the shareholders of AllianceBernstein Variable Products Series Fund (the "Fund") elected directors for the Fund. The shareholders also approved changes to the Fund's charter and fundamental investment policies of each of the Fund's portfolios (the "Portfolios"). These changes are intended to result in more uniform charters and fundamental policies, and are part of a broad effort to achieve greater uniformity and standardization among the AllianceBernstein Mutual Funds. The shareholders also approved the reclassification of the investment objective for each Portfolio as non-fundamental and, for certain Portfolios, changes to the investment objective as listed below. Changes in investment objective may now be made at the discretion of the Board, without incurring the costs of obtaining shareholder approval. Shareholders will be provided at least 60 days' advance notice of any such change. The table below outlines each Portfolio's previous investment objective and the approved change to that objective.
Portfolio Previous Investment Objective Approved Investment Objective - --------- ------------------------------ ----------------------------- AllianceBernstein Large o Growth of capital by o Long-term growth of Cap Growth Portfolio pursuing aggressive capital. investment policies. AllianceBernstein Growth o To seek reasonable o Long-term growth of and Income Portfolio current income and capital. reasonable opportunity for appreciation through investments primarily in dividend-paying common stocks of good quality companies. AllianceBernstein Total o High return through a o Total return consistent Return Portfolio combination of current with reasonable risk, income and capital through a combination of appreciation. income and long-term growth of capital. AllianceBernstein o To seek to obtain a o Long-term growth of International Portfolio total return on its assets capital. from long-term growth of capital principally through a broad portfolio of marketable securities of established international companies, companies participating in foreign economies with prospects for growth, including U.S. companies having their principal activities and interests outside the U.S., and in foreign government securities. As a secondary objective, the Portfolio attempts to increase its current income without assuming undue risk. AllianceBernstein Utility o Current income and o Current income and Income Portfolio capital appreciation by long-term growth of capital. investing primarily in equity and fixed-income securities of companies in the utility industry. AllianceBernstein o Long-term growth of o Long-term growth of Growth Portfolio capital. Current income capital. is incidental to the Portfolio's objective. AllianceBernstein o Long-term capital o Long-term growth of Worldwide Privatization appreciation. capital. Portfolio AllianceBernstein Small o Growth of capital by o Long-term growth of Cap Growth Portfolio pursuing aggressive capital. investment policies. Current income is incidental to the Portfolio's objective. AllianceBernstein Real o Total return from o Total return from Estate Investment Portfolio long-term growth of long-term growth of capital capital and income and income. principally through investing in equity securities of companies that are primarily engaged in or related to the real estate industry. AllianceBernstein Global o Growth of capital. o Long-term growth of Technology Portfolio Current income is capital. incidental to the Portfolio's objective.
AllianceBernstein Total Return Portfolio, AllianceBernstein International Portfolio and AllianceBernstein Worldwide Privatization Portfolio As previously disclosed, in connection with the changes to the Fund's investment objective approved by shareholders, the Board has approved that each of AllianceBernstein Total Return Portfolio, AllianceBernstein International Portfolio and AllianceBernstein Worldwide Privatization Portfolio be renamed and that their investment policies be conformed to those of their retail AllianceBernstein Fund counterparts, including the changes to their investment objectives described above. The changes to AllianceBernstein Total Return Portfolio ("Total Return") also include the addition of a new investment policy, whereby Total Return may invest up to 20% of its fixed-income allocation in high yield securities (securities rated below BBB by S&P). As an operating policy, Total Return will invest no more than 25% of these investments in high yield debt securities rated CCC or below. This new policy will broaden the array of investments available to the Fund. The changes to AllianceBernstein Worldwide Privatization Portfolio ("Worldwide Privatization") approved by both the Board and shareholders include the elimination of its fundamental policy to invest at least 65% of its total assets in equity securities that are issued by enterprises that are undergoing or have undergone privatization.
Old Name New Name - -------- -------- AllianceBernstein Total Return Portfolio AllianceBernstein Balanced Shares Portfolio AllianceBernstein Worldwide Privatization Portfolio AllianceBernstein International Growth Portfolio AllianceBernstein International Portfolio AllianceBernstein International Research Growth Portfolio
The changes described above are not expected to cause any significant change in the management of the Fund or the Portfolios except for Worldwide Privatization. These changes are expected to take effect on February 1, 2006. For more information, please call your financial advisor or visit our website at www.AllianceBernstein.com. This Supplement should be read in conjunction with the Prospectuses for AllianceBernstein Variable Products Series Fund dated May 2, 2005, offering Class A and Class B shares of the above-referenced Portfolios. - ------------ (R) This mark is used under license from the owner, Alliance Capital Management L.P. 621281v3 -----END PRIVACY-ENHANCED MESSAGE-----