424B3 1 e11109.txt DEFINITIVE MATERIALS 424(b)(3) 333-155361 AXA Equitable Life Insurance Company SUPPLEMENT DATED JANUARY 15, 2009 TO THE CURRENT PROSPECTUS FOR EQUI-VEST(R) -------------------------------------------------------------------------------- This Supplement modifies certain information in the above-referenced prospectus, supplements to prospectus and statement of additional information, (together the "Prospectus"). You should read this Supplement in conjunction with the Prospectus and retain it for future reference. Unless otherwise indicated, all other information included in the Prospectus remains unchanged. The terms we use in this Supplement have the same meaning as in the Prospectus. We will send you another copy of any prospectus or supplement without charge upon request. Please contact the customer service center referenced in the Prospectus. The purpose of this Supplement is to provide you with information regarding name, sub-adviser and fee changes to certain Portfolios. Please note the changes described below. CHANGES TO PORTFOLIOS OF AXA PREMIER VIP TRUST AND EQ ADVISORS TRUST ("TRUSTS") 1. PORTFOLIO NAME CHANGES Effective on or about January 15, 2009, the following Portfolio name changes as listed below will occur. Accordingly, all references to their respective corresponding investment options in the Prospectus are also changed. ----------------------------------------------------------------------------- Existing Portfolio Name New Portfolio Name ----------------------------------------------------------------------------- EQ/AllianceBernstein Intermediate EQ/Intermediate Government Government Securities Bond Index ----------------------------------------------------------------------------- EQ/JPMorgan Core Bond EQ/Core Bond Index ----------------------------------------------------------------------------- 2. PORTFOLIO SUB-ADVISER CHANGES Effective on or about January 15, 2009, SSgA Funds Management, Inc. will replace AllianceBernstein, L.P. as the Sub-Adviser to the EQ/Intermediate Government Bond Index Portfolio and JPMorgan Investment Management, Inc. as the Sub-Adviser to the EQ/Core Bond Index Portfolio. Also, SSgA Funds Management, Inc. will be added as a Sub-Adviser to the Portfolios of the AXA Premier VIP Trust listed in the table below. AXA Equitable Life Insurance Company will continue to be the Investment Manager of the Portfolios. See "Portfolios of the Trusts" in your Prospectus for more information. ---------------------------------- AXA Premier VIP Trust ---------------------------------- MULTIMANAGER AGGRESSIVE EQUITY ---------------------------------- MULTIMANAGER CORE BOND ---------------------------------- MULTIMANAGER HEALTH CARE ---------------------------------- MULTIMANAGER HIGH YIELD ---------------------------------- MULTIMANAGER INTERNATIONAL EQUITY ---------------------------------- MULTIMANAGER LARGE CAP CORE EQUITY ---------------------------------- MULTIMANAGER LARGE CAP GROWTH ---------------------------------- MULTIMANAGER LARGE CAP VALUE ---------------------------------- MULTIMANAGER MID CAP GROWTH ---------------------------------- MULTIMANAGER MID CAP VALUE ---------------------------------- MULTIMANAGER SMALL CAP GROWTH ---------------------------------- MULTIMANAGER SMALL CAP VALUE ---------------------------------- MULTIMANAGER TECHNOLOGY ---------------------------------- 3. AMENDMENTS TO EXPENSE LIMITATION ARRANGEMENTS FOR CERTAIN PORTFOLIOS The Board of Trustees of the AXA Premier VIP Trust (the "Trust") recently approved revisions to the Expense Limitation Agreement (the "Agreement") between the Trust and AXA Equitable Life Insurance Company ("AXA Equitable"). The Agreement has been amended to reflect that AXA Equitable has agreed to modify the expense limitation arrangement to include the fees and expenses of the other investment companies in which the AXA Allocation Portfolios invest ("Acquired Fund Fees and Expenses") when calculating its obligations under the Series 100-500 NB/IF (AR) x02387 Form # 888-540 (1/09) 142041 (1/09) Agreement to make payments and to waive its management, administrative and other fees so that the AXA Allocation Portfolios' expenses do not exceed the Portfolios' expense limits. As a result of these changes, the current "Net Total Annual Expenses" and "Acquired Fund Fees and Expenses" will be reduced effective on or about January 1, 2009. The Fee Table below reflects the new expenses for the AXA Allocation portfolios that are available under your contract. 4. FEE TABLE The following information is added under "Portfolio operating expenses expressed as an annual percentage of daily net assets" in the Prospectus, replacing the information shown for the Existing Portfolios listed above in the chart in section 1 and other Portfolios that had a reduction in their expenses. (Portfolios whose names are changing are listed below under their new names.) In addition, the Prospectus indicates that a portion of the brokerage commissions of each of Multimanager Aggressive Equity, Multimanager Health Care, Multimanager Large Cap Core Equity, Multimanager Large Cap Growth, Multimanager Large Cap Value, Multimanager Mid Cap Growth, Multimanager Mid Cap Value, Multimanager Small Cap Growth, Multimanager Small Cap Value and Multimanager Technology are used to reduce each of these portfolios' expenses. This statement, as it pertains to these Portfolios, is deleted from the Prospectus.
---------------------------------------------------------------------------------------------------------------------------------- Acquired Net Total Fund Fees Total Annual Fee Waivers Annual and Expenses and/or Expenses Expenses (Before Expense (After Management 12b-1 Other (Underlying Expense Reimburse- Expense Portfolio Name Fees Fees Expenses Portfolios) Limitations) ments Limitations) ---------------------------------------------------------------------------------------------------------------------------------- AXA Premier VIP Trust ---------------------------------------------------------------------------------------------------------------------------------- AXA Aggressive Allocation 0.10% 0.25% 0.17% 0.92% 1.44% (0.19)% 1.25% AXA Conservative Allocation 0.10% 0.25% 0.21% 0.69% 1.25% (0.25)% 1.00% AXA Conservative-Plus Allocation 0.10% 0.25% 0.19% 0.76% 1.30% (0.20)% 1.10% AXA Moderate Allocation 0.10% -- 0.17% 0.82% 1.09% (0.19)% 0.90% AXA Moderate-Plus Allocation 0.10% 0.25% 0.17% 0.86% 1.38% (0.18)% 1.20% Multimanager Aggressive Equity 0.59% -- 0.16% -- 0.75% -- 0.75% Multimanager Core Bond 0.53% 0.25% 0.18% -- 0.96% 0.00% 0.96% Multimanager Health Care 0.95% 0.25% 0.22% -- 1.42% 0.00% 1.42% Multimanager High Yield 0.53% -- 0.18% -- 0.71% -- 0.71% Multimanager International Equity 0.82% 0.25% 0.21% -- 1.28% 0.00% 1.28% Multimanager Large Cap Core Equity 0.69% 0.25% 0.21% -- 1.15% 0.00% 1.15% Multimanager Large Cap Growth 0.75% 0.25% 0.24% -- 1.24% 0.00% 1.24% Multimanager Large Cap Value 0.72% 0.25% 0.20% -- 1.17% 0.00% 1.17% Multimanager Mid Cap Growth 0.80% 0.25% 0.20% -- 1.25% 0.00% 1.25% Multimanager Mid Cap Value 0.80% 0.25% 0.19% -- 1.24% 0.00% 1.24% Multimanager Small Cap Growth 0.85% 0.25% 0.24% -- 1.34% 0.00% 1.34% Multimanager Small Cap Value 0.85% 0.25% 0.19% -- 1.29% 0.00% 1.29% Multimanager Technology 0.95% 0.25% 0.22% 0.01% 1.43% 0.00% 1.43% ---------------------------------------------------------------------------------------------------------------------------------- EQ Advisors Trust ---------------------------------------------------------------------------------------------------------------------------------- EQ/Intermediate Government Bond Index 0.35% -- 0.14% -- 0.49% -- 0.49% EQ/Core Bond Index 0.35% 0.25% 0.11% -- 0.71% -- 0.71% ----------------------------------------------------------------------------------------------------------------------------------
5. REVISED "EXAMPLE" The following information is added under "Example" in the Prospectus, replacing the information shown for the Existing Portfolios listed above in the chart in section 1 and other Portfolios that had a reduction in their expenses. (Portfolios whose names are changing are listed below under their new names.) EQUI-VEST(R) SERIES 100 AND 200 CONTRACTS -- FOR IRA CONTRACTS
------------------------------------------------------------------------------------------------------------------------ If you surrender your contract at the If you annuitize at the end of the end of the applicable time period applicable time period(1) ------------------------------------------------------------------------------------------------------------------------ 1 year 3 years 5 years 10 years 1 year 3 years 5 years 10 years ------------------------------------------------------------------------------------------------------------------------ AXA PREMIER VIP TRUST: ----------------------------------------------------------------------------------------------------------------------- AXA Aggressive Allocation $849 $1,487 $2,150 $3,600 N/A $1,487 $2,150 $3,600 AXA Conservative Allocation $830 $1,431 $2,058 $3,416 N/A $1,431 $2,058 $3,416 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------- If you do not surrender your contract at the end of the applicable time period ------------------------------------------------------------------------- 1 year 3 years 5 years 10 years ------------------------------------------------------------------------- AXA PREMIER VIP TRUST: ------------------------------------------------------------------------- AXA Aggressive Allocation $298 $914 $1,554 $3,270 AXA Conservative Allocation $279 $854 $1,456 $3,080 -------------------------------------------------------------------------
2
------------------------------------------------------------------------------------------------------------------------------- If you surrender your contract at the If you annuitize at the end of the end of the applicable time period applicable time period(1) ------------------------------------------------------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years 1 year 3 years 5 years 10 years ------------------------------------------------------------------------------------------------------------------------------- AXA PREMIER VIP TRUST: ------------------------------------------------------------------------------------------------------------------------------- AXA Conservative-Plus Allocation $835 $1,446 $2,083 $3,465 N/A $1,446 $2,083 $3,465 AXA Moderate Allocation $747 $1,181 $1,642 $2,558 N/A $1,181 $1,642 $2,558 AXA Moderate-Plus Allocation $843 $1,469 $2,121 $3,542 N/A $1,469 $2,121 $3,542 Multimanager Aggressive Equity $747 $1,181 $1,642 $2,558 N/A $1,181 $1,642 $2,558 Multimanager Core Bond $802 $1,345 $1,916 $3,128 N/A $1,345 $1,916 $3,128 Multimanager Health Care $847 $1,481 $2,141 $3,581 N/A $1,481 $2,141 $3,581 Multimanager High Yield $777 $1,271 $1,793 $2,875 N/A $1,271 $1,793 $2,875 Multimanager International Equity $833 $1,440 $2,073 $3,445 N/A $1,440 $2,073 $3,445 Multimanager Large Cap Core Equity $821 $1,401 $2,009 $3,318 N/A $1,401 $2,009 $3,318 Multimanager Large Cap Growth $829 $1,428 $2,053 $3,406 N/A $1,428 $2,053 $3,406 Multimanager Large Cap Value $823 $1,408 $2,020 $3,339 N/A $1,408 $2,020 $3,339 Multimanager Mid Cap Growth $830 $1,431 $2,058 $3,416 N/A $1,431 $2,058 $3,416 Multimanager Mid Cap Value $829 $1,428 $2,053 $3,406 N/A $1,428 $2,053 $3,406 Multimanager Small Cap Growth $839 $1,457 $2,102 $3,504 N/A $1,457 $2,102 $3,504 Multimanager Small Cap Value $834 $1,443 $2,078 $3,455 N/A $1,443 $2,078 $3,455 Multimanager Technology $848 $1,484 $2,146 $3,590 N/A $1,484 $2,146 $3,590 ------------------------------------------------------------------------------------------------------------------------------- EQ ADVISORS TRUST: ------------------------------------------------------------------------------------------------------------------------------- EQ/Core Bond Index $777 $1,271 $1,792 $2,873 N/A $1,271 $1,792 $2,873 EQ/Intermediate Government Bond Index $755 $1,203 $1,679 $2,638 N/A $1,203 $1,679 $2,638 ------------------------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------- If you do not surrender your contract at the end of the applicable time period -------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years -------------------------------------------------------------------------------- AXA PREMIER VIP TRUST: -------------------------------------------------------------------------------- AXA Conservative-Plus Allocation $284 $870 $1,482 $3,130 AXA Moderate Allocation $190 $589 $1,013 $2,192 AXA Moderate-Plus Allocation $292 $895 $1,523 $3,211 Multimanager Aggressive Equity $190 $589 $1,013 $2,192 Multimanager Core Bond $248 $763 $1,305 $2,782 Multimanager Health Care $296 $907 $1,543 $3,250 Multimanager High Yield $222 $685 $1,174 $2,520 Multimanager International Equity $282 $864 $1,471 $3,110 Multimanager Large Cap Core Equity $268 $823 $1,404 $2,978 Multimanager Large Cap Growth $277 $851 $1,451 $3,070 Multimanager Large Cap Value $270 $830 $1,415 $3,001 Multimanager Mid Cap Growth $279 $854 $1,456 $3,080 Multimanager Mid Cap Value $277 $851 $1,451 $3,070 Multimanager Small Cap Growth $288 $882 $1,502 $3,171 Multimanager Small Cap Value $283 $867 $1,476 $3,120 Multimanager Technology $297 $910 $1,549 $3,260 -------------------------------------------------------------------------------- EQ ADVISORS TRUST: -------------------------------------------------------------------------------- EQ/Core Bond Index $222 $684 $1,173 $2,518 EQ/Intermediate Government Bond Index $198 $613 $1,053 $2,275 --------------------------------------------------------------------------------
(1) Please see "When withdrawal charges do not apply" in "Charges and expenses" in the prospectus for more information on withdrawal charge waivers upon annuitization. EQUI-VEST(R) SERIES 100 AND 200 CONTRACTS -- FOR NQ CONTRACTS
------------------------------------------------------------------------------------------------------------------------------ If you surrender your contract at the If you annuitize at the end of the end of the applicable time period applicable time period(1) ------------------------------------------------------------------------------------------------------------------------------ 1 year 3 years 5 years 10 years 1 year 3 years 5 years 10 years ------------------------------------------------------------------------------------------------------------------------------ AXA PREMIER VIP TRUST: ------------------------------------------------------------------------------------------------------------------------------ AXA Aggressive Allocation $849 $1,487 $2,150 $3,270 N/A $1,487 $2,150 $3,270 AXA Conservative Allocation $830 $1,431 $2,056 $3,080 N/A $1,431 $2,056 $3,080 AXA Conservative-Plus Allocation $835 $1,446 $2,082 $3,130 N/A $1,446 $2,082 $3,130 AXA Moderate Allocation $747 $1,181 $1,613 $2,192 N/A $1,181 $1,613 $2,192 AXA Moderate-Plus Allocation $843 $1,469 $2,121 $3,211 N/A $1,469 $2,121 $3,211 Multimanager Aggressive Equity $747 $1,181 $1,613 $2,192 N/A $1,181 $1,613 $2,192 Multimanager Core Bond $802 $1,345 $1,905 $2,782 N/A $1,345 $1,905 $2,782 Multimanager Health Care $847 $1,481 $2,141 $3,250 N/A $1,481 $2,141 $3,250 Multimanager High Yield $777 $1,271 $1,774 $2,520 N/A $1,271 $1,774 $2,520 Multimanager International Equity $833 $1,440 $2,071 $3,110 N/A $1,440 $2,071 $3,110 Multimanager Large Cap Core Equity $821 $1,401 $2,004 $2,978 N/A $1,401 $2,004 $2,978 Multimanager Large Cap Growth $829 $1,428 $2,051 $3,070 N/A $1,428 $2,051 $3,070 Multimanager Large Cap Value $823 $1,408 $2,015 $3,001 N/A $1,408 $2,015 $3,001 Multimanager Mid Cap Growth $830 $1,431 $2,056 $3,080 N/A $1,431 $2,056 $3,080 Multimanager Mid Cap Value $829 $1,428 $2,051 $3,070 N/A $1,428 $2,051 $3,070 Multimanager Small Cap Growth $839 $1,457 $2,102 $3,171 N/A $1,457 $2,102 $3,171 Multimanager Small Cap Value $834 $1,443 $2,076 $3,120 N/A $1,443 $2,076 $3,120 Multimanager Technology $848 $1,484 $2,146 $3,260 N/A $1,484 $2,146 $3,260 ------------------------------------------------------------------------------------------------------------------------------ EQ ADVISORS TRUST: ------------------------------------------------------------------------------------------------------------------------------ EQ/Core Bond Index $777 $1,271 $1,773 $2,518 N/A $1,271 $1,773 $2,518 EQ/Intermediate Government Bond Index $755 $1,203 $1,653 $2,275 N/A $1,203 $1,653 $2,275 ------------------------------------------------------------------------------------------------------------------------------ -------------------------------------------------------------------------------- If you do not surrender your contract at the end of the applicable time period -------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years -------------------------------------------------------------------------------- AXA PREMIER VIP TRUST: -------------------------------------------------------------------------------- AXA Aggressive Allocation $298 $914 $1,554 $3,270 AXA Conservative Allocation $279 $854 $1,456 $3,080 AXA Conservative-Plus Allocation $284 $870 $1,482 $3,130 AXA Moderate Allocation $190 $589 $1,013 $2,192 AXA Moderate-Plus Allocation $292 $895 $1,523 $3,211 Multimanager Aggressive Equity $190 $589 $1,013 $2,192 Multimanager Core Bond $248 $763 $1,305 $2,782 Multimanager Health Care $296 $907 $1,543 $3,250 Multimanager High Yield $222 $685 $1,174 $2,520 Multimanager International Equity $282 $864 $1,471 $3,110 Multimanager Large Cap Core Equity $268 $823 $1,404 $2,978 Multimanager Large Cap Growth $277 $851 $1,451 $3,070 Multimanager Large Cap Value $270 $830 $1,415 $3,001 Multimanager Mid Cap Growth $279 $854 $1,456 $3,080 Multimanager Mid Cap Value $277 $851 $1,451 $3,070 Multimanager Small Cap Growth $288 $882 $1,502 $3,171 Multimanager Small Cap Value $283 $867 $1,476 $3,120 Multimanager Technology $297 $910 $1,549 $3,260 -------------------------------------------------------------------------------- EQ ADVISORS TRUST: -------------------------------------------------------------------------------- EQ/Core Bond Index $222 $684 $1,173 $2,518 EQ/Intermediate Government Bond Index $198 $613 $1,053 $2,275 --------------------------------------------------------------------------------
(1) Please see "When withdrawal charges do not apply" in "Charges and expenses" in the prospectus for more information on withdrawal charge waivers upon annuitization. 3 EQUI-VEST(R) SERIES 300 CONTRACTS
--------------------------------------------------------------------------------------------------------------------------- If you annuitize at the end of the applicable time period and select a non-life contingent period certain If you surrender your contract at the annuity option with less than end of the applicable time period ten years --------------------------------------------------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years 1 year 3 years 5 years 10 years --------------------------------------------------------------------------------------------------------------------------- AXA PREMIER VIP TRUST: --------------------------------------------------------------------------------------------------------------------------- AXA Aggressive Allocation $850 $1,490 $2,155 $3,280 N/A $1,490 $2,155 $3,280 AXA Conservative Allocation $831 $1,434 $2,061 $3,090 N/A $1,434 $2,061 $3,090 AXA Conservative-Plus Allocation $836 $1,449 $2,087 $3,140 N/A $1,449 $2,087 $3,140 AXA Moderate Allocation $816 $1,387 $1,978 $2,927 N/A $1,387 $1,978 $2,927 AXA Moderate-Plus Allocation $844 $1,472 $2,126 $3,221 N/A $1,472 $2,126 $3,221 Multimanager Aggressive Equity $782 $1,286 $1,800 $2,573 N/A $1,286 $1,800 $2,573 Multimanager Core Bond $803 $1,348 $1,910 $2,792 N/A $1,348 $1,910 $2,792 Multimanager Health Care $848 $1,484 $2,146 $3,260 N/A $1,484 $2,146 $3,260 Multimanager High Yield $778 $1,274 $1,779 $2,531 N/A $1,274 $1,779 $2,531 Multimanager International Equity $834 $1,443 $2,076 $3,120 N/A $1,443 $2,076 $3,120 Multimanager Large Cap Core Equity $822 $1,404 $2,009 $2,988 N/A $1,404 $2,009 $2,988 Multimanager Large Cap Growth $830 $1,431 $2,056 $3,080 N/A $1,431 $2,056 $3,080 Multimanager Large Cap Value $824 $1,411 $2,020 $3,011 N/A $1,411 $2,020 $3,011 Multimanager Mid Cap Growth $831 $1,434 $2,061 $3,090 N/A $1,434 $2,061 $3,090 Multimanager Mid Cap Value $830 $1,431 $2,056 $3,080 N/A $1,431 $2,056 $3,080 Multimanager Small Cap Growth $840 $1,460 $2,107 $3,181 N/A $1,460 $2,107 $3,181 Multimanager Small Cap Value $835 $1,446 $2,082 $3,130 N/A $1,446 $2,082 $3,130 Multimanager Technology $849 $1,487 $2,150 $3,270 N/A $1,487 $2,150 $3,270 --------------------------------------------------------------------------------------------------------------------------- EQ ADVISORS TRUST: --------------------------------------------------------------------------------------------------------------------------- EQ/Core Bond Index $778 $1,274 $1,778 $2,529 N/A $1,274 $1,778 $2,529 EQ/Intermediate Government Bond Index $756 $1,206 $1,658 $2,285 N/A $1,206 $1,658 $2,285 --------------------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------- If you do not surrender your contract at the end of the applicable time period -------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years -------------------------------------------------------------------------------- AXA PREMIER VIP TRUST: -------------------------------------------------------------------------------- AXA Aggressive Allocation $300 $917 $1,559 $3,280 AXA Conservative Allocation $280 $857 $1,461 $3,090 AXA Conservative-Plus Allocation $285 $873 $1,487 $3,140 AXA Moderate Allocation $263 $807 $1,378 $2,927 AXA Moderate-Plus Allocation $293 $898 $1,528 $3,221 Multimanager Aggressive Equity $227 $701 $1,200 $2,573 Multimanager Core Bond $249 $766 $1,310 $2,792 Multimanager Health Care $297 $910 $1,549 $3,260 Multimanager High Yield $223 $688 $1,179 $2,531 Multimanager International Equity $283 $867 $1,476 $3,120 Multimanager Large Cap Core Equity $269 $826 $1,409 $2,988 Multimanager Large Cap Growth $279 $854 $1,456 $3,080 Multimanager Large Cap Value $271 $833 $1,420 $3,011 Multimanager Mid Cap Growth $280 $857 $1,461 $3,090 Multimanager Mid Cap Value $279 $854 $1,456 $3,080 Multimanager Small Cap Growth $289 $885 $1,507 $3,181 Multimanager Small Cap Value $284 $870 $1,482 $3,130 Multimanager Technology $298 $914 $1,554 $3,270 -------------------------------------------------------------------------------- EQ ADVISORS TRUST: -------------------------------------------------------------------------------- EQ/Core Bond Index $223 $687 $1,178 $2,529 EQ/Intermediate Government Bond Index $199 $616 $1,058 $2,285 --------------------------------------------------------------------------------
EQUI-VEST(R) SERIES 400 CONTRACTS
---------------------------------------------------------------------------------------------------------------------------- If you annuitize at the end of the applicable time period and select a non-life contingent period certain If you surrender your contract at the annuity option with less than end of the applicable time period ten years ---------------------------------------------------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years 1 year 3 years 5 years 10 years ---------------------------------------------------------------------------------------------------------------------------- AXA PREMIER VIP TRUST: ---------------------------------------------------------------------------------------------------------------------------- AXA Aggressive Allocation $915 $1,680 $2,465 $3,904 N/A $1,680 $2,465 $3,904 AXA Conservative Allocation $896 $1,624 $2,375 $3,726 N/A $1,624 $2,375 $3,726 AXA Conservative-Plus Allocation $901 $1,639 $2,399 $3,773 N/A $1,639 $2,399 $3,773 AXA Moderate Allocation $880 $1,578 $2,299 $3,573 N/A $1,578 $2,299 $3,573 AXA Moderate-Plus Allocation $909 $1,662 $2,436 $3,848 N/A $1,662 $2,436 $3,848 Multimanager Aggressive Equity $847 $1,479 $2,137 $3,243 N/A $1,479 $2,137 $3,243 Multimanager Core Bond $867 $1,540 $2,237 $3,447 N/A $1,540 $2,237 $3,447 Multimanager Health Care $913 $1,674 $2,455 $3,885 N/A $1,674 $2,455 $3,885 Multimanager High Yield $843 $1,467 $2,117 $3,203 N/A $1,467 $2,117 $3,203 Multimanager International Equity $899 $1,633 $2,389 $3,754 N/A $1,633 $2,389 $3,754 Multimanager Large Cap Core Equity $886 $1,595 $2,328 $3,631 N/A $1,595 $2,328 $3,631 Multimanager Large Cap Growth $895 $1,621 $2,370 $3,716 N/A $1,621 $2,370 $3,716 Multimanager Large Cap Value $888 $1,602 $2,338 $3,652 N/A $1,602 $2,338 $3,652 Multimanager Mid Cap Growth $896 $1,624 $2,375 $3,726 N/A $1,624 $2,375 $3,726 Multimanager Mid Cap Value $895 $1,621 $2,370 $3,716 N/A $1,621 $2,370 $3,716 Multimanager Small Cap Growth $905 $1,651 $2,418 $3,811 N/A $1,651 $2,418 $3,811 Multimanager Small Cap Value $900 $1,636 $2,394 $3,764 N/A $1,636 $2,394 $3,764 Multimanager Technology $914 $1,677 $2,460 $3,895 N/A $1,677 $2,460 $3,895 ---------------------------------------------------------------------------------------------------------------------------- EQ ADVISORS TRUST: ---------------------------------------------------------------------------------------------------------------------------- EQ/Core Bond Index $842 $1,466 $2,116 $3,201 N/A $1,466 $2,116 $3,201 ---------------------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------- If you do not surrender your contract at the end of the applicable time period -------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years -------------------------------------------------------------------------------- AXA PREMIER VIP TRUST: -------------------------------------------------------------------------------- AXA Aggressive Allocation $368 $1,118 $1,888 $3,904 AXA Conservative Allocation $348 $1,059 $1,793 $3,726 AXA Conservative-Plus Allocation $353 $1,075 $1,818 $3,773 AXA Moderate Allocation $331 $1,010 $1,712 $3,573 AXA Moderate-Plus Allocation $361 $1,099 $1,858 $3,848 Multimanager Aggressive Equity $296 $ 905 $1,539 $3,243 Multimanager Core Bond $317 $ 970 $1,646 $3,447 Multimanager Health Care $366 $1,112 $1,878 $3,885 Multimanager High Yield $291 $ 892 $1,519 $3,203 Multimanager International Equity $351 $1,069 $1,808 $3,754 Multimanager Large Cap Core Equity $337 $1,028 $1,742 $3,631 Multimanager Large Cap Growth $347 $1,056 $1,788 $3,716 Multimanager Large Cap Value $340 $1,035 $1,753 $3,652 Multimanager Mid Cap Growth $348 $1,059 $1,793 $3,726 Multimanager Mid Cap Value $347 $1,056 $1,788 $3,716 Multimanager Small Cap Growth $357 $1,087 $1,838 $3,811 Multimanager Small Cap Value $352 $1,072 $1,813 $3,764 Multimanager Technology $367 $1,115 $1,883 $3,895 -------------------------------------------------------------------------------- EQ ADVISORS TRUST: -------------------------------------------------------------------------------- EQ/Core Bond Index $291 $ 892 $1,518 $3,201 --------------------------------------------------------------------------------
4
------------------------------------------------------------------------------------------------------------------- If you annuitize at the end of the applicable time period and select a non-life contingent period certain If you surrender your contract at the annuity option with less than end of the applicable time period ten years ------------------------------------------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years 1 year 3 years 5 years 10 years ------------------------------------------------------------------------------------------------------------------- EQ ADVISORS TRUST: ------------------------------------------------------------------------------------------------------------------- EQ/Intermediate Government Bond Index $820 $1,400 $2,001 $2,973 N/A $1,400 $2,001 $2,973 ------------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------- If you do not surrender your contract at the end of the applicable time period -------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years -------------------------------------------------------------------------------- EQ ADVISORS TRUST: -------------------------------------------------------------------------------- EQ/Intermediate Government Bond Index $268 $821 $1,401 $2,973 --------------------------------------------------------------------------------
EQUI-VEST(R) SERIES 500 CONTRACTS
---------------------------------------------------------------------------------------------------------------------------- If you annuitize at the end of the applicable time period and select a non-life contingent period certain If you surrender your contract at the annuity option with less than end of the applicable time period ten years ---------------------------------------------------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years 1 year 3 years 5 years 10 years ---------------------------------------------------------------------------------------------------------------------------- AXA PREMIER VIP TRUST: ---------------------------------------------------------------------------------------------------------------------------- AXA Aggressive Allocation $860 $1,519 $2,203 $3,379 N/A $1,519 $2,203 $3,379 AXA Conservative Allocation $841 $1,463 $2,112 $3,191 N/A $1,463 $2,112 $3,191 AXA Conservative-Plus Allocation $846 $1,478 $2,136 $3,241 N/A $1,478 $2,136 $3,241 AXA Moderate Allocation $826 $1,416 $2,030 $3,029 N/A $1,416 $2,030 $3,029 AXA Moderate-Plus Allocation $854 $1,502 $2,174 $3,320 N/A $1,502 $2,174 $3,320 Multimanager Aggressive Equity $792 $1,316 $1,853 $2,679 N/A $1,316 $1,853 $2,679 Multimanager Core Bond $813 $1,378 $1,962 $2,896 N/A $1,378 $1,962 $2,896 Multimanager Health Care $858 $1,513 $2,194 $3,359 N/A $1,513 $2,194 $3,359 Multimanager High Yield $788 $1,304 $1,832 $2,637 N/A $1,304 $1,832 $2,637 Multimanager International Equity $844 $1,472 $2,126 $3,221 N/A $1,472 $2,126 $3,221 Multimanager Large Cap Core Equity $831 $1,434 $2,061 $3,090 N/A $1,434 $2,061 $3,090 Multimanager Large Cap Growth $840 $1,460 $2,107 $3,181 N/A $1,460 $2,107 $3,181 Multimanager Large Cap Value $834 $1,440 $2,072 $3,112 N/A $1,440 $2,072 $3,112 Multimanager Mid Cap Growth $841 $1,463 $2,112 $3,191 N/A $1,463 $2,112 $3,191 Multimanager Mid Cap Value $840 $1,460 $2,107 $3,181 N/A $1,460 $2,107 $3,181 Multimanager Small Cap Growth $850 $1,490 $2,155 $3,280 N/A $1,490 $2,155 $3,280 Multimanager Small Cap Value $845 $1,475 $2,131 $3,231 N/A $1,475 $2,131 $3,231 Multimanager Technology $859 $1,516 $2,199 $3,369 N/A $1,516 $2,199 $3,369 ---------------------------------------------------------------------------------------------------------------------------- EQ ADVISORS TRUST: ---------------------------------------------------------------------------------------------------------------------------- EQ/Core Bond Index $788 $1,303 $1,831 $2,635 N/A $1,303 $1,831 $2,635 EQ/Intermediate Government Bond Index $765 $1,236 $1,712 $2,394 N/A $1,236 $1,712 $2,394 ---------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------- If you do not surrender your contract at the end of the applicable time period ------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years ------------------------------------------------------------------------------- AXA PREMIER VIP TRUST: ------------------------------------------------------------------------------- AXA Aggressive Allocation $310 $948 $1,610 $3,379 AXA Conservative Allocation $290 $889 $1,513 $3,191 AXA Conservative-Plus Allocation $295 $904 $1,538 $3,241 AXA Moderate Allocation $273 $839 $1,430 $3,029 AXA Moderate-Plus Allocation $304 $929 $1,579 $3,320 Multimanager Aggressive Equity $238 $732 $1,253 $2,679 Multimanager Core Bond $260 $798 $1,362 $2,896 Multimanager Health Care $308 $942 $1,600 $3,359 Multimanager High Yield $234 $720 $1,232 $2,637 Multimanager International Equity $293 $898 $1,528 $3,221 Multimanager Large Cap Core Equity $280 $857 $1,461 $3,090 Multimanager Large Cap Growth $289 $885 $1,507 $3,181 Multimanager Large Cap Value $282 $864 $1,472 $3,112 Multimanager Mid Cap Growth $290 $889 $1,513 $3,191 Multimanager Mid Cap Value $289 $885 $1,507 $3,181 Multimanager Small Cap Growth $300 $917 $1,559 $3,280 Multimanager Small Cap Value $294 $901 $1,533 $3,231 Multimanager Technology $309 $945 $1,605 $3,369 ------------------------------------------------------------------------------- EQ ADVISORS TRUST: ------------------------------------------------------------------------------- EQ/Core Bond Index $233 $719 $1,231 $2,635 EQ/Intermediate Government Bond Index $210 $648 $1,112 $2,394 -------------------------------------------------------------------------------
Copyright 2009 AXA Equitable Life Insurance Company. All rights reserved. EQUI-VEST(R) is issued by and is a registered service mark of AXA Equitable Life Insurance Company. Co-distributed by affiliates AXA Advisors, LLC and/or AXA Distributors, LLC, 1290 Avenue of the Americas, New York, NY 10104. AXA Equitable Life Insurance Company 1290 Avenue of the Americas, New York, NY 10104 212-554-1234 5 AXA Equitable Life Insurance Company SUPPLEMENT DATED JANUARY 15, 2009 TO THE CURRENT PROSPECTUS FOR EQUI-VEST(R) EMPLOYER-SPONSORED RETIREMENT PROGRAMS -------------------------------------------------------------------------------- This Supplement modifies certain information in the above-referenced prospectus, supplements to prospectus and statement of additional information, (together the "Prospectus"). You should read this Supplement in conjunction with the Prospectus and retain it for future reference. Unless otherwise indicated, all other information included in the Prospectus remains unchanged. The terms we use in this Supplement have the same meaning as in the Prospectus. We will send you another copy of any prospectus or supplement without charge upon request. Please contact the customer service center referenced in the Prospectus. The purpose of this Supplement is to provide you with information regarding name, sub-adviser and fee changes to certain Portfolios. Please note the changes described below. CHANGES TO PORTFOLIOS OF AXA PREMIER VIP TRUST AND EQ ADVISORS TRUST ("TRUSTS") 1. PORTFOLIO NAME CHANGES Effective on or about January 15, 2009, the following Portfolio name changes as listed below will occur. Accordingly, all references to their respective corresponding investment options in the Prospectus are also changed. ----------------------------------------------------------------------------- Existing Portfolio Name New Portfolio Name ----------------------------------------------------------------------------- EQ/AllianceBernstein Intermediate EQ/Intermediate Government Government Securities Bond Index ----------------------------------------------------------------------------- EQ/JPMorgan Core Bond EQ/Core Bond Index ----------------------------------------------------------------------------- 2. PORTFOLIO SUB-ADVISER CHANGES Effective on or about January 15, 2009, SSgA Funds Management, Inc. will replace AllianceBernstein, L.P. as the Sub-Adviser to the EQ/Intermediate Government Bond Index Portfolio and JPMorgan Investment Management, Inc. as the Sub-Adviser to the EQ/Core Bond Index Portfolio. Also, SSgA Funds Management, Inc. will be added as a Sub-Adviser to the Portfolios of the AXA Premier VIP Trust listed in the table below. AXA Equitable Life Insurance Company will continue to be the Investment Manager of the Portfolios. See "Portfolios of the Trusts" in your Prospectus for more information. ---------------------------------- AXA Premier VIP Trust ---------------------------------- MULTIMANAGER AGGRESSIVE EQUITY ---------------------------------- MULTIMANAGER CORE BOND ---------------------------------- MULTIMANAGER HEALTH CARE ---------------------------------- MULTIMANAGER HIGH YIELD ---------------------------------- MULTIMANAGER INTERNATIONAL EQUITY ---------------------------------- MULTIMANAGER LARGE CAP CORE EQUITY ---------------------------------- MULTIMANAGER LARGE CAP GROWTH ---------------------------------- MULTIMANAGER LARGE CAP VALUE ---------------------------------- MULTIMANAGER MID CAP GROWTH ---------------------------------- MULTIMANAGER MID CAP VALUE ---------------------------------- MULTIMANAGER SMALL CAP GROWTH ---------------------------------- MULTIMANAGER SMALL CAP VALUE ---------------------------------- MULTIMANAGER TECHNOLOGY ---------------------------------- 3. AMENDMENTS TO EXPENSE LIMITATION ARRANGEMENTS FOR CERTAIN PORTFOLIOS The Board of Trustees of the AXA Premier VIP Trust (the "Trust") recently approved revisions to the Expense Limitation Agreement (the "Agreement") between the Trust and AXA Equitable Life Insurance Company ("AXA Equitable"). The Agreement has been amended to reflect that AXA Equitable has agreed to modify the expense limitation arrangement to include the fees and expenses of the other investment companies in which the AXA Allocation Portfolios invest ("Acquired Fund Fees and Expenses") when calculating its obligations under the Series Emp Sponsored NB/IF (AR) x02443 Form # 888-541 (1/09) 142042 (1/09) Agreement to make payments and to waive its management, administrative and other fees so that the AXA Allocation Portfolios' expenses do not exceed the Portfolios' expense limits. As a result of these changes, the current "Net Total Annual Expenses" and "Acquired Fund Fees and Expenses" will be reduced effective on or about January 1, 2009. The Fee Table below reflects the new expenses for the AXA Allocation portfolios that are available under your contract. 4. FEE TABLE The following information is added under "Portfolio operating expenses expressed as an annual percentage of daily net assets" in the Prospectus, replacing the information shown for the Existing Portfolios listed above in the chart in section 1 and other Portfolios that had a reduction in their expenses. (Portfolios whose names are changing are listed below under their new names.) In addition, the Prospectus indicates that a portion of the brokerage commissions of each of Multimanager Agressive Equity, Multimanager Health Care, Multimanager Large Cap Core Equity, Multimanager Large Cap Growth, Multimanager Large Cap Value, Multimanager Mid Cap Growth, Multimanager Mid Cap Value, Multimanager Small Cap Growth, Multimanager Small Cap Value and Multimanager Technology are used to reduce each of these portfolios' expenses. This statement, as it pertains to these Portfolios, is deleted from the Prospectus.
--------------------------------------------------------------------------------------------------------------------------------- Acquired Net Total Fund Fees Total Annual Fee Waivers Annual and Expenses and/or Expenses Expenses (Before Expense (After Management 12b-1 Other (Underlying Expense Reimburse- Expense Portfolio Name Fees Fees Expenses Portfolios) Limitations) ments Limitations) --------------------------------------------------------------------------------------------------------------------------------- AXA Premier VIP Trust --------------------------------------------------------------------------------------------------------------------------------- AXA Aggressive Allocation 0.10% 0.25% 0.17% 0.92% 1.44% (0.19)% 1.25% AXA Conservative Allocation 0.10% 0.25% 0.21% 0.69% 1.25% (0.25)% 1.00% AXA Conservative-Plus Allocation 0.10% 0.25% 0.19% 0.76% 1.30% (0.20)% 1.10% AXA Moderate Allocation 0.10% -- 0.17% 0.82% 1.09% (0.19)% 0.90% AXA Moderate-Plus Allocation 0.10% 0.25% 0.17% 0.86% 1.38% (0.18)% 1.20% Multimanager Aggressive Equity 0.59% -- 0.16% -- 0.75% -- 0.75% Multimanager Core Bond 0.53% 0.25% 0.18% -- 0.96% 0.00% 0.96% Multimanager Health Care 0.95% 0.25% 0.22% -- 1.42% 0.00% 1.42% Multimanager High Yield 0.53% -- 0.18% -- 0.71% -- 0.71% Multimanager International Equity 0.82% 0.25% 0.21% -- 1.28% 0.00% 1.28% Multimanager Large Cap Core Equity 0.69% 0.25% 0.21% -- 1.15% 0.00% 1.15% Multimanager Large Cap Growth 0.75% 0.25% 0.24% -- 1.24% 0.00% 1.24% Multimanager Large Cap Value 0.72% 0.25% 0.20% -- 1.17% 0.00% 1.17% Multimanager Mid Cap Growth 0.80% 0.25% 0.20% -- 1.25% 0.00% 1.25% Multimanager Mid Cap Value 0.80% 0.25% 0.19% -- 1.24% 0.00% 1.24% Multimanager Small Cap Growth 0.85% 0.25% 0.24% -- 1.34% 0.00% 1.34% Multimanager Small Cap Value 0.85% 0.25% 0.19% -- 1.29% 0.00% 1.29% Multimanager Technology 0.95% 0.25% 0.22% 0.01% 1.43% 0.00% 1.43% --------------------------------------------------------------------------------------------------------------------------------- EQ Advisors Trust --------------------------------------------------------------------------------------------------------------------------------- EQ/Intermediate Government Bond Index 0.35% -- 0.14% -- 0.49% -- 0.49% EQ/Core Bond Index 0.35% 0.25% 0.11% -- 0.71% -- 0.71% ---------------------------------------------------------------------------------------------------------------------------------
5. REVISED "EXAMPLE" The following information is added under "Example" in the Prospectus, replacing the information shown for the Existing Portfolios listed above in the chart in section 1 and other Portfolios that had a reduction in their expenses. (Portfolios whose names are changing are listed below under their new names.) EQUI-VEST(R) SERIES 100 AND 200 CONTRACTS -- FOR TSA, UNIVERSITY TSA, SEP, SARSEP, EDC AND ANNUITANT-OWNED HR - 10 CONTRACTS
------------------------------------------------------------------------------------------------------------------------ If you surrender your contract at the If you annuitize at the end of the end of the applicable time period applicable time period(1) ------------------------------------------------------------------------------------------------------------------------ 1 year 3 years 5 years 10 years 1 year 3 years 5 years 10 years ------------------------------------------------------------------------------------------------------------------------ AXA PREMIER VIP TRUST: ------------------------------------------------------------------------------------------------------------------------ AXA Aggressive Allocation $849 $1,487 $2,150 $3,600 N/A $1,487 $2,150 $3,600 AXA Conservative Allocation $830 $1,431 $2,058 $3,416 N/A $1,431 $2,058 $3,416 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------- If you do not surrender your contract at the end of the applicable time period ------------------------------------------------------------------------- 1 year 3 years 5 years 10 years ------------------------------------------------------------------------- AXA PREMIER VIP TRUST: -------------------------------------------------------------------------- AXA Aggressive Allocation $298 $914 $1,554 $3,270 AXA Conservative Allocation $279 $854 $1,456 $3,080 -------------------------------------------------------------------------
2
-------------------------------------------------------------------------------------------------------------------------------- If you surrender your contract at the If you annuitize at the end of the end of the applicable time period applicable time period(1) -------------------------------------------------------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years 1 year 3 years 5 years 10 years -------------------------------------------------------------------------------------------------------------------------------- AXA PREMIER VIP TRUST: -------------------------------------------------------------------------------------------------------------------------------- AXA Conservative-Plus Allocation $835 $1,446 $2,083 $3,465 N/A $1,446 $2,083 $3,465 AXA Moderate Allocation $747 $1,181 $1,642 $2,558 N/A $1,181 $1,642 $2,558 AXA Moderate-Plus Allocation $843 $1,469 $2,121 $3,542 N/A $1,469 $2,121 $3,542 Multimanager Aggressive Equity $747 $1,181 $1,642 $2,558 N/A $1,181 $1,642 $2,558 Multimanager Core Bond $802 $1,345 $1,916 $3,128 N/A $1,345 $1,916 $3,128 Multimanager Health Care $847 $1,481 $2,141 $3,581 N/A $1,481 $2,141 $3,581 Multimanager High Yield $777 $1,271 $1,793 $2,875 N/A $1,271 $1,793 $2,875 Multimanager International Equity $833 $1,440 $2,073 $3,445 N/A $1,440 $2,073 $3,445 Multimanager Large Cap Core Equity $821 $1,401 $2,009 $3,318 N/A $1,401 $2,009 $3,318 Multimanager Large Cap Growth $829 $1,428 $2,053 $3,406 N/A $1,428 $2,053 $3,406 Multimanager Large Cap Value $823 $1,408 $2,020 $3,339 N/A $1,408 $2,020 $3,339 Multimanager Mid Cap Growth $830 $1,431 $2,058 $3,416 N/A $1,431 $2,058 $3,416 Multimanager Mid Cap Value $829 $1,428 $2,053 $3,406 N/A $1,428 $2,053 $3,406 Multimanager Small Cap Growth $839 $1,457 $2,102 $3,504 N/A $1,457 $2,102 $3,504 Multimanager Small Cap Value $834 $1,443 $2,078 $3,455 N/A $1,443 $2,078 $3,455 Multimanager Technology $848 $1,484 $2,146 $3,590 N/A $1,484 $2,146 $3,590 -------------------------------------------------------------------------------------------------------------------------------- EQ ADVISORS TRUST: -------------------------------------------------------------------------------------------------------------------------------- EQ/Core Bond Index $777 $1,271 $1,792 $2,873 N/A $1,271 $1,792 $2,873 EQ/Intermediate Government Bond Index $755 $1,203 $1,679 $2,638 N/A $1,203 $1,679 $2,638 -------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------ If you do not surrender your contract at the end of the applicable time period ------------------------------------------------------------------------------------ 1 year 3 years 5 years 10 years ------------------------------------------------------------------------------------ AXA PREMIER VIP TRUST: ------------------------------------------------------------------------------------ AXA Conservative-Plus Allocation $284 $870 $1,482 $3,130 AXA Moderate Allocation $190 $589 $1,013 $2,192 AXA Moderate-Plus Allocation $292 $895 $1,523 $3,211 Multimanager Aggressive Equity $190 $589 $1,013 $2,192 Multimanager Core Bond $248 $763 $1,305 $2,782 Multimanager Health Care $296 $907 $1,543 $3,250 Multimanager High Yield $222 $685 $1,174 $2,520 Multimanager International Equity $282 $864 $1,471 $3,110 Multimanager Large Cap Core Equity $268 $823 $1,404 $2,978 Multimanager Large Cap Growth $277 $851 $1,451 $3,070 Multimanager Large Cap Value $270 $830 $1,415 $3,001 Multimanager Mid Cap Growth $279 $854 $1,456 $3,080 Multimanager Mid Cap Value $277 $851 $1,451 $3,070 Multimanager Small Cap Growth $288 $882 $1,502 $3,171 Multimanager Small Cap Value $283 $867 $1,476 $3,120 Multimanager Technology $297 $910 $1,549 $3,260 ------------------------------------------------------------------------------------ EQ ADVISORS TRUST: ------------------------------------------------------------------------------------ EQ/Core Bond Index $222 $684 $1,173 $2,518 EQ/Intermediate Government Bond Index $198 $613 $1,053 $2,275
(1) Please see "When withdrawal charges do not apply" in "Charges and expenses" in the prospectus for more information on withdrawal charge waivers upon annuitization. EQUI-VEST(R) SERIES 200 TRUSTEED CONTRACTS
------------------------------------------------------------------------------------------------------------------------------ If you surrender your contract at the If you annuitize at the end of the end of the applicable time period applicable time period(1) ------------------------------------------------------------------------------------------------------------------------------ 1 year 3 years 5 years 10 years 1 year 3 years 5 years 10 years ------------------------------------------------------------------------------------------------------------------------------ AXA PREMIER VIP TRUST: ------------------------------------------------------------------------------------------------------------------------------ AXA Aggressive Allocation $849 $1,487 $2,150 $3,270 N/A $1,487 $2,150 $3,270 AXA Conservative Allocation $830 $1,431 $2,056 $3,080 N/A $1,431 $2,056 $3,080 AXA Conservative-Plus Allocation $835 $1,446 $2,082 $3,130 N/A $1,446 $2,082 $3,130 AXA Moderate Allocation $747 $1,181 $1,613 $2,192 N/A $1,181 $1,613 $2,192 AXA Moderate-Plus Allocation $843 $1,469 $2,121 $3,211 N/A $1,469 $2,121 $3,211 Multimanager Aggressive Equity $747 $1,181 $1,613 $2,192 N/A $1,181 $1,613 $2,192 Multimanager Core Bond $802 $1,345 $1,905 $2,782 N/A $1,345 $1,905 $2,782 Multimanager Health Care $847 $1,481 $2,141 $3,250 N/A $1,481 $2,141 $3,250 Multimanager High Yield $777 $1,271 $1,774 $2,520 N/A $1,271 $1,774 $2,520 Multimanager International Equity $833 $1,440 $2,071 $3,110 N/A $1,440 $2,071 $3,110 Multimanager Large Cap Core Equity $821 $1,401 $2,004 $2,978 N/A $1,401 $2,004 $2,978 Multimanager Large Cap Growth $829 $1,428 $2,051 $3,070 N/A $1,428 $2,051 $3,070 Multimanager Large Cap Value $823 $1,408 $2,015 $3,001 N/A $1,408 $2,015 $3,001 Multimanager Mid Cap Growth $830 $1,431 $2,056 $3,080 N/A $1,431 $2,056 $3,080 Multimanager Mid Cap Value $829 $1,428 $2,051 $3,070 N/A $1,428 $2,051 $3,070 Multimanager Small Cap Growth $839 $1,457 $2,102 $3,171 N/A $1,457 $2,102 $3,171 Multimanager Small Cap Value $834 $1,443 $2,076 $3,120 N/A $1,443 $2,076 $3,120 Multimanager Technology $848 $1,484 $2,146 $3,260 N/A $1,484 $2,146 $3,260 ------------------------------------------------------------------------------------------------------------------------------ EQ ADVISORS TRUST: ------------------------------------------------------------------------------------------------------------------------------ EQ/Core Bond Index $777 $1,271 $1,773 $2,518 N/A $1,271 $1,773 $2,518 EQ/Intermediate Government Bond Index $755 $1,203 $1,653 $2,275 N/A $1,203 $1,653 $2,275 ------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------ If you do not surrender your contract at the end of the applicable time period ------------------------------------------------------------------------------------ 1 year 3 years 5 years 10 years ------------------------------------------------------------------------------------ AXA PREMIER VIP TRUST: ------------------------------------------------------------------------------------ AXA Aggressive Allocation $298 $914 $1,554 $3,270 AXA Conservative Allocation $279 $854 $1,456 $3,080 AXA Conservative-Plus Allocation $284 $870 $1,482 $3,130 AXA Moderate Allocation $190 $589 $1,013 $2,192 AXA Moderate-Plus Allocation $292 $895 $1,523 $3,211 Multimanager Aggressive Equity $190 $589 $1,013 $2,192 Multimanager Core Bond $248 $763 $1,305 $2,782 Multimanager Health Care $296 $907 $1,543 $3,250 Multimanager High Yield $222 $685 $1,174 $2,520 Multimanager International Equity $282 $864 $1,471 $3,110 Multimanager Large Cap Core Equity $268 $823 $1,404 $2,978 Multimanager Large Cap Growth $277 $851 $1,451 $3,070 Multimanager Large Cap Value $270 $830 $1,415 $3,001 Multimanager Mid Cap Growth $279 $854 $1,456 $3,080 Multimanager Mid Cap Value $277 $851 $1,451 $3,070 Multimanager Small Cap Growth $288 $882 $1,502 $3,171 Multimanager Small Cap Value $283 $867 $1,476 $3,120 Multimanager Technology $297 $910 $1,549 $3,260 ------------------------------------------------------------------------------------ EQ ADVISORS TRUST: ------------------------------------------------------------------------------------ EQ/Core Bond Index $222 $684 $1,173 $2,518 EQ/Intermediate Government Bond Index $198 $613 $1,053 $2,275 ------------------------------------------------------------------------------------
(1) Please see "When withdrawal charges do not apply" in "Charges and expenses" in the prospectus for more information on withdrawal charge waivers upon annuitization. 3 EQUI-VEST(R) SERIES 300 CONTRACTS
------------------------------------------------------------------------------------------------------------------------------ If you annuitize at the end of the applicable time period and select a non-life contingent period certain If you surrender your contract at the annuity option with less than end of the applicable time period ten years ------------------------------------------------------------------------------------------------------------------------------ 1 year 3 years 5 years 10 years 1 year 3 years 5 years 10 years ------------------------------------------------------------------------------------------------------------------------------ AXA PREMIER VIP TRUST: ------------------------------------------------------------------------------------------------------------------------------ AXA Aggressive Allocation $850 $1,490 $2,155 $3,280 N/A $1,490 $2,155 $3,280 AXA Conservative Allocation $831 $1,434 $2,061 $3,090 N/A $1,434 $2,061 $3,090 AXA Conservative-Plus Allocation $836 $1,449 $2,087 $3,140 N/A $1,449 $2,087 $3,140 AXA Moderate Allocation $816 $1,387 $1,978 $2,927 N/A $1,387 $1,978 $2,927 AXA Moderate-Plus Allocation $844 $1,472 $2,126 $3,221 N/A $1,472 $2,126 $3,221 Multimanager Aggressive Equity $782 $1,286 $1,800 $2,573 N/A $1,286 $1,800 $2,573 Multimanager Core Bond $803 $1,348 $1,910 $2,792 N/A $1,348 $1,910 $2,792 Multimanager Health Care $848 $1,484 $2,146 $3,260 N/A $1,484 $2,146 $3,260 Multimanager High Yield $778 $1,274 $1,779 $2,531 N/A $1,274 $1,779 $2,531 Multimanager International Equity $834 $1,443 $2,076 $3,120 N/A $1,443 $2,076 $3,120 Multimanager Large Cap Core Equity $822 $1,404 $2,009 $2,988 N/A $1,404 $2,009 $2,988 Multimanager Large Cap Growth $830 $1,431 $2,056 $3,080 N/A $1,431 $2,056 $3,080 Multimanager Large Cap Value $824 $1,411 $2,020 $3,011 N/A $1,411 $2,020 $3,011 Multimanager Mid Cap Growth $831 $1,434 $2,061 $3,090 N/A $1,434 $2,061 $3,090 Multimanager Mid Cap Value $830 $1,431 $2,056 $3,080 N/A $1,431 $2,056 $3,080 Multimanager Small Cap Growth $840 $1,460 $2,107 $3,181 N/A $1,460 $2,107 $3,181 Multimanager Small Cap Value $835 $1,446 $2,082 $3,130 N/A $1,446 $2,082 $3,130 Multimanager Technology $849 $1,487 $2,150 $3,270 N/A $1,487 $2,150 $3,270 ------------------------------------------------------------------------------------------------------------------------------ EQ ADVISORS TRUST: ------------------------------------------------------------------------------------------------------------------------------ EQ/Core Bond Index $778 $1,274 $1,778 $2,529 N/A $1,274 $1,778 $2,529 EQ/Intermediate Government Bond Index $756 $1,206 $1,658 $2,285 N/A $1,206 $1,658 $2,285 ------------------------------------------------------------------------------------------------------------------------------ ----------------------------------------------------------------------------------- If you do not surrender your contract at the end of the applicable time period ----------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years ----------------------------------------------------------------------------------- AXA PREMIER VIP TRUST: ----------------------------------------------------------------------------------- AXA Aggressive Allocation $300 $917 $1,559 $3,280 AXA Conservative Allocation $280 $857 $1,461 $3,090 AXA Conservative-Plus Allocation $285 $873 $1,487 $3,140 AXA Moderate Allocation $263 $807 $1,378 $2,927 AXA Moderate-Plus Allocation $293 $898 $1,528 $3,221 Multimanager Aggressive Equity $227 $701 $1,200 $2,573 Multimanager Core Bond $249 $766 $1,310 $2,792 Multimanager Health Care $297 $910 $1,549 $3,260 Multimanager High Yield $223 $688 $1,179 $2,531 Multimanager International Equity $283 $867 $1,476 $3,120 Multimanager Large Cap Core Equity $269 $826 $1,409 $2,988 Multimanager Large Cap Growth $279 $854 $1,456 $3,080 Multimanager Large Cap Value $271 $833 $1,420 $3,011 Multimanager Mid Cap Growth $280 $857 $1,461 $3,090 Multimanager Mid Cap Value $279 $854 $1,456 $3,080 Multimanager Small Cap Growth $289 $885 $1,507 $3,181 Multimanager Small Cap Value $284 $870 $1,482 $3,130 Multimanager Technology $298 $914 $1,554 $3,270 ----------------------------------------------------------------------------------- EQ ADVISORS TRUST: ----------------------------------------------------------------------------------- EQ/Core Bond Index $223 $687 $1,178 $2,529 EQ/Intermediate Government Bond Index $199 $616 $1,058 $2,285 -----------------------------------------------------------------------------------
EQUI-VEST(R) SERIES 400 CONTRACTS
---------------------------------------------------------------------------------------------------------------------------- If you annuitize at the end of the applicable time period and select a non-life contingent period certain If you surrender your contract at the annuity option with less than end of the applicable time period ten years ---------------------------------------------------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years 1 year 3 years 5 years 10 years ---------------------------------------------------------------------------------------------------------------------------- AXA PREMIER VIP TRUST: ---------------------------------------------------------------------------------------------------------------------------- AXA Aggressive Allocation $915 $1,680 $2,465 $3,904 N/A $1,680 $2,465 $3,904 AXA Conservative Allocation $896 $1,624 $2,375 $3,726 N/A $1,624 $2,375 $3,726 AXA Conservative-Plus Allocation $901 $1,639 $2,399 $3,773 N/A $1,639 $2,399 $3,773 AXA Moderate Allocation $880 $1,578 $2,299 $3,573 N/A $1,578 $2,299 $3,573 AXA Moderate-Plus Allocation $909 $1,662 $2,436 $3,848 N/A $1,662 $2,436 $3,848 Multimanager Aggressive Equity $847 $1,479 $2,137 $3,243 N/A $1,479 $2,137 $3,243 Multimanager Core Bond $867 $1,540 $2,237 $3,447 N/A $1,540 $2,237 $3,447 Multimanager Health Care $913 $1,674 $2,455 $3,885 N/A $1,674 $2,455 $3,885 Multimanager High Yield $843 $1,467 $2,117 $3,203 N/A $1,467 $2,117 $3,203 Multimanager International Equity $899 $1,633 $2,389 $3,754 N/A $1,633 $2,389 $3,754 Multimanager Large Cap Core Equity $886 $1,595 $2,328 $3,631 N/A $1,595 $2,328 $3,631 Multimanager Large Cap Growth $895 $1,621 $2,370 $3,716 N/A $1,621 $2,370 $3,716 Multimanager Large Cap Value $888 $1,602 $2,338 $3,652 N/A $1,602 $2,338 $3,652 Multimanager Mid Cap Growth $896 $1,624 $2,375 $3,726 N/A $1,624 $2,375 $3,726 Multimanager Mid Cap Value $895 $1,621 $2,370 $3,716 N/A $1,621 $2,370 $3,716 Multimanager Small Cap Growth $905 $1,651 $2,418 $3,811 N/A $1,651 $2,418 $3,811 Multimanager Small Cap Value $900 $1,636 $2,394 $3,764 N/A $1,636 $2,394 $3,764 Multimanager Technology $914 $1,677 $2,460 $3,895 N/A $1,677 $2,460 $3,895 -------------------------------------------------------------------------------- If you do not surrender your contract at the end of the applicable time period -------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years -------------------------------------------------------------------------------- AXA PREMIER VIP TRUST: -------------------------------------------------------------------------------- AXA Aggressive Allocation $368 $1,118 $1,888 $3,904 AXA Conservative Allocation $348 $1,059 $1,793 $3,726 AXA Conservative-Plus Allocation $353 $1,075 $1,818 $3,773 AXA Moderate Allocation $331 $1,010 $1,712 $3,573 AXA Moderate-Plus Allocation $361 $1,099 $1,858 $3,848 Multimanager Aggressive Equity $296 $ 905 $1,539 $3,243 Multimanager Core Bond $317 $ 970 $1,646 $3,447 Multimanager Health Care $366 $1,112 $1,878 $3,885 Multimanager High Yield $291 $ 892 $1,519 $3,203 Multimanager International Equity $351 $1,069 $1,808 $3,754 Multimanager Large Cap Core Equity $337 $1,028 $1,742 $3,631 Multimanager Large Cap Growth $347 $1,056 $1,788 $3,716 Multimanager Large Cap Value $340 $1,035 $1,753 $3,652 Multimanager Mid Cap Growth $348 $1,059 $1,793 $3,726 Multimanager Mid Cap Value $347 $1,056 $1,788 $3,716 Multimanager Small Cap Growth $357 $1,087 $1,838 $3,811 Multimanager Small Cap Value $352 $1,072 $1,813 $3,764 Multimanager Technology $367 $1,115 $1,883 $3,895 --------------------------------------------------------------------------------
4
-------------------------------------------------------------------------------------------------------------------------------- If you annuitize at the end of the applicable time period and select a non-life contingent period certain If you surrender your contract at the annuity option with less than end of the applicable time period ten years -------------------------------------------------------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years 1 year 3 years 5 years 10 years -------------------------------------------------------------------------------------------------------------------------------- EQ ADVISORS TRUST: -------------------------------------------------------------------------------------------------------------------------------- EQ/Core Bond Index $842 $1,466 $2,116 $3,201 N/A $1,466 $2,116 $3,201 EQ/Intermediate Government Bond Index $820 $1,400 $2,001 $2,973 N/A $1,400 $2,001 $2,973 -------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------ If you do not surrender your contract at the end of the applicable time period ------------------------------------------------------------------------------------ 1 year 3 years 5 years 10 years ------------------------------------------------------------------------------------ EQ ADVISORS TRUST: ------------------------------------------------------------------------------------ EQ/Core Bond Index $291 $892 $1,518 $3,201 EQ/Intermediate Government Bond Index $268 $821 $1,401 $2,973 ------------------------------------------------------------------------------------
Copyright 2009 AXA Equitable Life Insurance Company. All rights reserved. EQUI-VEST(R) is issued by and is a registered service mark of AXA Equitable Life Insurance Company. Co-distributed by affiliates AXA Advisors, LLC and/or AXA Distributors, LLC, 1290 Avenue of the Americas, New York, NY 10104. AXA Equitable Life Insurance Company 1290 Avenue of the Americas, New York, NY 10104 212-554-1234 5 AXA Equitable Life Insurance Company SUPPLEMENT DATED JANUARY 15, 2009 TO THE CURRENT PROSPECTUS FOR EQUI-VEST(R) EXPRESS(SM) -------------------------------------------------------------------------------- This Supplement modifies certain information in the above-referenced prospectus, supplements to prospectus and statement of additional information, (together the "Prospectus"). You should read this Supplement in conjunction with the Prospectus and retain it for future reference. Unless otherwise indicated, all other information included in the Prospectus remains unchanged. The terms we use in this Supplement have the same meaning as in the Prospectus. We will send you another copy of any prospectus or supplement without charge upon request. Please contact the customer service center referenced in the Prospectus. The purpose of this Supplement is to provide you with information regarding name, sub-adviser and fee changes to certain Portfolios. Please note the changes described below. CHANGES TO PORTFOLIOS OF AXA PREMIER VIP TRUST AND EQ ADVISORS TRUST ("TRUSTS") 1. PORTFOLIO NAME CHANGES Effective on or about January 15, 2009, the following Portfolio name changes as listed below will occur. Accordingly, all references to their respective corresponding investment options in the Prospectus are also changed. ----------------------------------------------------------------------------- Existing Portfolio Name New Portfolio Name ----------------------------------------------------------------------------- EQ/AllianceBernstein Intermediate EQ/Intermediate Government Government Securities Bond Index ----------------------------------------------------------------------------- EQ/JPMorgan Core Bond EQ/Core Bond Index ----------------------------------------------------------------------------- 2. PORTFOLIO SUB-ADVISER CHANGES Effective on or about January 15, 2009, SSgA Funds Management, Inc. will replace AllianceBernstein, L.P. as the Sub-Adviser to the EQ/Intermediate Government Bond Index Portfolio and JPMorgan Investment Management, Inc. as the Sub-Adviser to the EQ/Core Bond Index Portfolio. Also, SSgA Funds Management, Inc. will be added as a Sub-Adviser to the Portfolios of the AXA Premier VIP Trust listed in the table below. AXA Equitable Life Insurance Company will continue to be the Investment Manager of the Portfolios. See "Portfolios of the Trusts" in your Prospectus for more information. ---------------------------------- AXA Premier VIP Trust ---------------------------------- MULTIMANAGER AGGRESSIVE EQUITY ---------------------------------- MULTIMANAGER CORE BOND ---------------------------------- MULTIMANAGER HEALTH CARE ---------------------------------- MULTIMANAGER HIGH YIELD ---------------------------------- MULTIMANAGER INTERNATIONAL EQUITY ---------------------------------- MULTIMANAGER LARGE CAP CORE EQUITY ---------------------------------- MULTIMANAGER LARGE CAP GROWTH ---------------------------------- MULTIMANAGER LARGE CAP VALUE ---------------------------------- MULTIMANAGER MID CAP GROWTH ---------------------------------- MULTIMANAGER MID CAP VALUE ---------------------------------- MULTIMANAGER SMALL CAP GROWTH ---------------------------------- MULTIMANAGER SMALL CAP VALUE ---------------------------------- MULTIMANAGER TECHNOLOGY ---------------------------------- 3. AMENDMENTS TO EXPENSE LIMITATION ARRANGEMENTS FOR CERTAIN PORTFOLIOS The Board of Trustees of the AXA Premier VIP Trust (the "Trust") recently approved revisions to the Expense Limitation Agreement (the "Agreement") between the Trust and AXA Equitable Life Insurance Company ("AXA Equitable"). The Agreement has been amended to reflect that AXA Equitable has agreed to modify the expense limitation arrangement to include the fees and expenses of the other investment companies in which the AXA Allocation Portfolios invest ("Acquired Fund Fees and Expenses") when calculating its obligations under the Series 700 NB/IF (AR) x02445 Form # 888-542 (1/09) 142043 (1/09) Agreement to make payments and to waive its management, administrative and other fees so that the AXA Allocation Portfolios' expenses do not exceed the Portfolios' expense limits. As a result of these changes, the current "Net Total Annual Expenses" and "Acquired Fund Fees and Expenses" will be reduced effective on or about January 1, 2009. The Fee Table below reflects the new expenses for the AXA Allocation portfolios that are available under your contract. 4. FEE TABLE The following information is added under "Portfolio operating expenses expressed as an annual percentage of daily net assets" in the Prospectus, replacing the information shown for the Existing Portfolios listed above in the chart in section 1 and other Portfolios that had a reduction in their expenses. (Portfolios whose names are changing are listed below under their new names.) In addition, the Prospectus indicates that a portion of the brokerage commissions of each of Multimanager Aggressive Equity, Multimanager Health Care, Multimanager Large Cap Core Equity, Multimanager Large Cap Growth, Multimanager Large Cap Value, Multimanager Mid Cap Growth, Multimanager Mid Cap Value, Multimanager Small Cap Growth, Multimanager Small Cap Value and Multimanager Technology are used to reduce each of these portfolios' expenses. This statement, as it pertains to these Portfolios, is deleted from the Prospectus.
-------------------------------------------------------------------------------------------------------------------------------- Acquired Net Total Fund Fees Total Annual Fee Waivers Annual and Expenses and/or Expenses Expenses (Before Expense (After Management 12b-1 Other (Underlying Expense Reimburse- Expense Portfolio Name Fees Fees Expenses Portfolios) Limitations) ments Limitations) -------------------------------------------------------------------------------------------------------------------------------- AXA Premier VIP Trust5% -------------------------------------------------------------------------------------------------------------------------------- AXA Aggressive Allocation 0.10% 0.25% 0.17% 0.92% 1.44% (0.19)% 1.25% AXA Conservative Allocation 0.10% 0.25% 0.21% 0.69% 1.25% (0.25)% 1.00% AXA Conservative-Plus Allocation 0.10% 0.25% 0.19% 0.76% 1.30% (0.20)% 1.10% AXA Moderate Allocation 0.10% 0.25% 0.17% 0.82% 1.34% (0.19)% 1.15% AXA Moderate-Plus Allocation 0.10% 0.25% 0.17% 0.86% 1.38% (0.18)% 1.20% Multimanager Aggressive Equity 0.59% 0.25% 0.16% -- 1.00% -- 1.00% Multimanager Core Bond 0.53% 0.25% 0.18% -- 0.96% 0.00% 0.96% Multimanager Health Care 0.95% 0.25% 0.22% -- 1.42% 0.00% 1.42% Multimanager High Yield 0.53% 0.25% 0.18% -- 0.96% -- 0.96% Multimanager International Equity 0.82% 0.25% 0.21% -- 1.28% 0.00% 1.28% Multimanager Large Cap Core Equity 0.69% 0.25% 0.21% -- 1.15% 0.00% 1.15% Multimanager Large Cap Growth 0.75% 0.25% 0.24% -- 1.24% 0.00% 1.24% Multimanager Large Cap Value 0.72% 0.25% 0.20% -- 1.17% 0.00% 1.17% Multimanager Mid Cap Growth 0.80% 0.25% 0.20% -- 1.25% 0.00% 1.25% Multimanager Mid Cap Value 0.80% 0.25% 0.19% -- 1.24% 0.00% 1.24% Multimanager Small Cap Growth 0.85% 0.25% 0.24% -- 1.34% 0.00% 1.34% Multimanager Small Cap Value 0.85% 0.25% 0.19% -- 1.29% 0.00% 1.29% Multimanager Technology 0.95% 0.25% 0.22% 0.01% 1.43% 0.00% 1.43% -------------------------------------------------------------------------------------------------------------------------------- EQ Advisors Trust -------------------------------------------------------------------------------------------------------------------------------- EQ/Intermediate Government Bond Index 0.35% 0.25% 0.14% -- 0.74% -- 0.74% EQ/Core Bond Index 0.35% 0.25% 0.11% -- 0.71% -- 0.71% --------------------------------------------------------------------------------------------------------------------------------
5. REVISED "EXAMPLE" The following information is added under "Example" in the Prospectus, replacing the information shown for the Existing Portfolios listed above in the chart in section 1 and other Portfolios that had a reduction in their expenses. (Portfolios whose names are changing are listed below under their new names.)
--------------------------------------------------------------------------------------------------------------------------- If you annuitize at the end of the applicable time period and select a non-life contingent period certain If you surrender your contract at the annuity option with less than end of the applicable time period ten years --------------------------------------------------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years 1 year 3 years 5 years 10 years --------------------------------------------------------------------------------------------------------------------------- AXA PREMIER VIP TRUST: --------------------------------------------------------------------------------------------------------------------------- AXA Aggressive Allocation $1,004 $1,581 $2,167 $3,887 N/A $1,581 $2,167 $3,887 AXA Conservative Allocation $ 986 $1,525 $2,075 $3,709 N/A $1,525 $2,075 $3,709 AXA Conservative-Plus Allocation $ 990 $1,539 $2,099 $3,756 N/A $1,539 $2,099 $3,756 AXA Moderate Allocation $ 994 $1,551 $2,119 $3,793 N/A $1,551 $2,119 $3,793 AXA Moderate-Plus Allocation $ 998 $1,563 $2,138 $3,831 N/A $1,563 $2,138 $3,831 --------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------ If you do not surrender your contract at the end of the applicable time period ------------------------------------------------------------------------------ 1 year 3 years 5 years 10 years ------------------------------------------------------------------------------ AXA PREMIER VIP TRUST: ------------------------------------------------------------------------------ AXA Aggressive Allocation $366 $1,112 $1,879 $3,887 AXA Conservative Allocation $346 $1,054 $1,783 $3,709 AXA Conservative-Plus Allocation $351 $1,069 $1,809 $3,756 AXA Moderate Allocation $355 $1,081 $1,829 $3,793 AXA Moderate-Plus Allocation $359 $1,094 $1,849 $3,831 ------------------------------------------------------------------------------
2
-------------------------------------------------------------------------------------------------------------------------------- If you annuitize at the end of the applicable time period and select a non-life contingent period certain If you surrender your contract at the annuity option with less than end of the applicable time period ten years -------------------------------------------------------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years 1 year 3 years 5 years 10 years -------------------------------------------------------------------------------------------------------------------------------- Multimanager Aggressive Equity $ 961 $1,452 $1,953 $3,470 N/A $1,452 $1,953 $3,470 Multimanager Core Bond $ 957 $1,439 $1,932 $3,429 N/A $1,439 $1,932 $3,429 Multimanager Health Care $1,002 $1,575 $2,158 $3,868 N/A $1,575 $2,158 $3,868 Multimanager High Yield $ 957 $1,440 $1,933 $3,431 N/A $1,440 $1,933 $3,431 Multimanager International Equity $ 989 $1,534 $2,090 $3,737 N/A $1,534 $2,090 $3,737 Multimanager Large Cap Core Equity $ 976 $1,495 $2,026 $3,613 N/A $1,495 $2,026 $3,613 Multimanager Large Cap Growth $ 985 $1,522 $2,070 $3,699 N/A $1,522 $2,070 $3,699 Multimanager Large Cap Value $ 978 $1,502 $2,037 $3,634 N/A $1,502 $2,037 $3,634 Multimanager Mid Cap Growth $ 986 $1,525 $2,075 $3,709 N/A $1,525 $2,075 $3,709 Multimanager Mid Cap Value $ 985 $1,522 $2,070 $3,699 N/A $1,522 $2,070 $3,699 Multimanager Small Cap Growth $ 994 $1,551 $2,119 $3,793 N/A $1,551 $2,119 $3,793 Multimanager Small Cap Value $ 989 $1,537 $2,094 $3,746 N/A $1,537 $2,094 $3,746 Multimanager Technology $1,003 $1,578 $2,162 $3,878 N/A $1,578 $2,162 $3,878 -------------------------------------------------------------------------------------------------------------------------------- EQ ADVISORS TRUST: -------------------------------------------------------------------------------------------------------------------------------- EQ/Core Bond Index $ 932 $1,365 $1,808 $3,182 N/A $1,365 $1,808 $3,182 EQ/Intermediate Government Bond Index $ 935 $1,372 $1,820 $3,207 N/A $1,372 $1,820 $3,207 -------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------- If you do not surrender your contract at the end of the applicable time period ----------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years ----------------------------------------------------------------------------------- Multimanager Aggressive Equity $320 $ 977 $1,658 $3,470 Multimanager Core Bond $315 $ 964 $1,636 $3,429 Multimanager Health Care $364 $1,106 $1,869 $3,868 Multimanager High Yield $316 $ 964 $1,637 $3,431 Multimanager International Equity $349 $1,063 $1,799 $3,737 Multimanager Large Cap Core Equity $335 $1,023 $1,733 $3,613 Multimanager Large Cap Growth $345 $1,051 $1,778 $3,699 Multimanager Large Cap Value $338 $1,030 $1,744 $3,634 Multimanager Mid Cap Growth $346 $1,054 $1,783 $3,709 Multimanager Mid Cap Value $345 $1,051 $1,778 $3,699 Multimanager Small Cap Growth $355 $1,081 $1,829 $3,793 Multimanager Small Cap Value $350 $1,066 $1,804 $3,746 Multimanager Technology $365 $1,109 $1,874 $3,878 ----------------------------------------------------------------------------------- EQ ADVISORS TRUST: ----------------------------------------------------------------------------------- EQ/Core Bond Index $289 $ 886 $1,508 $3,182 EQ/Intermediate Government Bond Index $292 $ 894 $1,521 $3,207 -----------------------------------------------------------------------------------
Copyright 2009 AXA Equitable Life Insurance Company. All rights reserved. EQUI-VEST(R) Express(SM) is issued by and is a registered service mark of AXA Equitable Life Insurance Company. Co-distributed by affiliates AXA Advisors, LLC and/or AXA Distributors, LLC, 1290 Avenue of the Americas, New York, NY 10104. AXA Equitable Life Insurance Company 1290 Avenue of the Americas, New York, NY 10104 212-554-1234 3 AXA Equitable Life Insurance Company SUPPLEMENT DATED JANUARY 15, 2009 TO THE CURRENT PROSPECTUS FOR EQUI-VEST(R) -------------------------------------------------------------------------------- This Supplement modifies certain information in the above-referenced prospectus, supplements to prospectus and statement of additional information, (together the "Prospectus"). You should read this Supplement in conjunction with the Prospectus and retain it for future reference. Unless otherwise indicated, all other information included in the Prospectus remains unchanged. The terms we use in this Supplement have the same meaning as in the Prospectus. We will send you another copy of any prospectus or supplement without charge upon request. Please contact the customer service center referenced in the Prospectus. The purpose of this Supplement is to provide you with information regarding name, sub-adviser and fee changes to certain Portfolios. Please note the changes described below. CHANGES TO PORTFOLIOS OF AXA PREMIER VIP TRUST AND EQ ADVISORS TRUST ("TRUSTS") 1. PORTFOLIO NAME CHANGES Effective on or about January 15, 2009, the following Portfolio name changes as listed below will occur. Accordingly, all references to their respective corresponding investment options in the Prospectus are also changed. ---------------------------------------------------------------------------- Existing Portfolio Name New Portfolio Name ---------------------------------------------------------------------------- EQ/AllianceBernstein Intermediate EQ/Intermediate Government Bond Index Government Securities ---------------------------------------------------------------------------- EQ/JPMorgan Core Bond EQ/Core Bond Index ---------------------------------------------------------------------------- 2. PORTFOLIO SUB-ADVISER CHANGES Effective on or about January 15, 2009, SSgA Funds Management, Inc. will replace AllianceBernstein, L.P. as the Sub-Adviser to the EQ/Intermediate Government Bond Index Portfolio and JPMorgan Investment Management, Inc. as the Sub-Adviser to the EQ/Core Bond Index Portfolio. Also, SSgA Funds Management, Inc. will be added as a Sub-Adviser to the Portfolios of the AXA Premier VIP Trust listed in the table below. AXA Equitable Life Insurance Company will continue to be the Investment Manager of the Portfolios. See "Portfolios of the Trusts" in your Prospectus for more information. ------------------------------------- AXA Premier VIP Trust ------------------------------------- MULTIMANAGER AGGRESSIVE EQUITY ------------------------------------- MULTIMANAGER CORE BOND ------------------------------------- MULTIMANAGER HEALTH CARE ------------------------------------- MULTIMANAGER HIGH YIELD ------------------------------------- MULTIMANAGER INTERNATIONAL EQUITY ------------------------------------- MULTIMANAGER LARGE CAP CORE EQUITY ------------------------------------- MULTIMANAGER LARGE CAP GROWTH ------------------------------------- MULTIMANAGER LARGE CAP VALUE ------------------------------------- MULTIMANAGER MID CAP GROWTH ------------------------------------- MULTIMANAGER MID CAP VALUE ------------------------------------- MULTIMANAGER SMALL CAP GROWTH ------------------------------------- MULTIMANAGER SMALL CAP VALUE ------------------------------------- MULTIMANAGER TECHNOLOGY ------------------------------------- 3. AMENDMENTS TO EXPENSE LIMITATION ARRANGEMENTS FOR CERTAIN PORTFOLIOS The Board of Trustees of the AXA Premier VIP Trust (the "Trust") recently approved revisions to the Expense Limitation Agreement (the "Agreement") between the Trust and AXA Equitable Life Insurance Company ("AXA Equitable"). The Agreement has been amended to reflect that AXA Equitable has agreed to modify the expense limitation arrangement to include the fees and expenses of the other investment companies in which the AXA Allocation Portfolios invest ("Acquired Fund Fees and Expenses") when calculating its obligations under the Series 800 NB/IF (AR) x02447 Form # 888-544 (1/09) 142045 (1/09) Agreement to make payments and to waive its management, administrative and other fees so that the AXA Allocation Portfolios' expenses do not exceed the Portfolios' expense limits. As a result of these changes, the current "Net Total Annual Expenses" and "Acquired Fund Fees and Expenses" will be reduced effective on or about January 1, 2009. The Fee Table below reflects the new expenses for the AXA Allocation portfolios that are available under your contract. 4. FEE TABLE The following information is added under "Portfolio operating expenses expressed as an annual percentage of daily net assets" in the Prospectus, replacing the information shown for the Existing Portfolios listed above in the chart in section 1 and other Portfolios that had a reduction in their expenses. (Portfolios whose names are changing are listed below under their new names.) In addition, the Prospectus indicates that a portion of the brokerage commissions of each of Multimanager Aggressive Equity, Multimanager Health Care, Multimanager Large Cap Core Equity, Multimanager Large Cap Growth, Multimanager Large Cap Value, Multimanager Mid Cap Growth, Multimanager Mid Cap Value, Multimanager Small Cap Growth, Multimanager Small Cap Value and Multimanager Technology are used to reduce each of these portfolios' expenses. This statement, as it pertains to these Portfolios, is deleted from the Prospectus.
---------------------------------------------------------------------------------- Acquired Fund Fees and Expenses Management 12b-1 Other (Underlying Portfolio Name Fees Fees Expenses Portfolios) ---------------------------------------------------------------------------------- AXA Premier VIP Trust ---------------------------------------------------------------------------------- AXA Aggressive Allocation 0.10% 0.25% 0.17% 0.92% AXA Conservative Allocation 0.10% 0.25% 0.21% 0.69% AXA Conservative-Plus Allocation 0.10% 0.25% 0.19% 0.76% AXA Moderate Allocation 0.10% 0.25% 0.17% 0.82% AXA Moderate-Plus Allocation 0.10% 0.25% 0.17% 0.86% Multimanager Aggressive Equity 0.59% 0.25% 0.16% -- Multimanager Core Bond 0.53% 0.25% 0.18% -- Multimanager Health Care 0.95% 0.25% 0.22% -- Multimanager High Yield 0.53% 0.25% 0.18% -- Multimanager International Equity 0.82% 0.25% 0.21% -- Multimanager Large Cap Core Equity 0.69% 0.25% 0.21% -- Multimanager Large Cap Growth 0.75% 0.25% 0.24% -- Multimanager Large Cap Value 0.72% 0.25% 0.20% -- Multimanager Mid Cap Growth 0.80% 0.25% 0.20% -- Multimanager Mid Cap Value 0.80% 0.25% 0.19% -- Multimanager Small Cap Growth 0.85% 0.25% 0.24% -- Multimanager Small Cap Value 0.85% 0.25% 0.19% -- Multimanager Technology 0.95% 0.25% 0.22% 0.01% ---------------------------------------------------------------------------------- EQ Advisors Trust ---------------------------------------------------------------------------------- EQ/Intermediate Government 0.35% 0.25% 0.14% -- Bond Index EQ/Core Bond Index 0.35% 0.25% 0.11% -- ---------------------------------------------------------------------------------- ------------------------------------------------------------------------------------ Net Total Total Annual Fee Waivers Annual Expenses and/or Expenses (Before Expense (After Expense Reimburse- Expense Portfolio Name Limitations) ments Limitations) ------------------------------------------------------------------------------------ AXA Premier VIP Trust ------------------------------------------------------------------------------------ AXA Aggressive Allocation 1.44% (0.19)% 1.25% AXA Conservative Allocation 1.25% (0.25)% 1.00% AXA Conservative-Plus Allocation 1.30% (0.20)% 1.10% AXA Moderate Allocation 1.34% (0.19)% 1.15% AXA Moderate-Plus Allocation 1.38% (0.18)% 1.20% Multimanager Aggressive Equity 1.00% -- 1.00% Multimanager Core Bond 0.96% 0.00% 0.96% Multimanager Health Care 1.42% 0.00% 1.42% Multimanager High Yield 0.96% -- 0.96% Multimanager International Equity 1.28% 0.00% 1.28% Multimanager Large Cap Core Equity 1.15% 0.00% 1.15% Multimanager Large Cap Growth 1.24% 0.00% 1.24% Multimanager Large Cap Value 1.17% 0.00% 1.17% Multimanager Mid Cap Growth 1.25% 0.00% 1.25% Multimanager Mid Cap Value 1.24% 0.00% 1.24% Multimanager Small Cap Growth 1.34% 0.00% 1.34% Multimanager Small Cap Value 1.29% 0.00% 1.29% Multimanager Technology 1.43% 0.00% 1.43% ------------------------------------------------------------------------------------ EQ Advisors Trust ------------------------------------------------------------------------------------ EQ/Intermediate Government 0.74% -- 0.74% Bond Index EQ/Core Bond Index 0.71% -- 0.71% 0.46% ------------------------------------------------------------------------------------
5. REVISED "EXAMPLE" The following information is added under "Example" in the Prospectus, replacing the information shown for the Existing Portfolios listed above in the chart in section 1 and other Portfolios that had a reduction in their expenses. (Portfolios whose names are changing are listed below under their new names.) 2
------------------------------------------------------------------------------------------------------------------------------- If you annuitize at the end of the applicable time period and select a non-life contingent period certain If you surrender your contract at the annuity option with less than end of the applicable time period ten years ------------------------------------------------------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years 1 year 3 years 5 years 10 years ------------------------------------------------------------------------------------------------------------------------------- AXA PREMIER VIP TRUST: ------------------------------------------------------------------------------------------------------------------------------- AXA Aggressive Allocation $898 $1,688 $2,497 $4,031 N/A $1,688 $2,497 $4,031 AXA Conservative Allocation $879 $1,633 $2,408 $3,856 N/A $1,633 $2,408 $3,856 AXA Conservative-Plus Allocation $884 $1,648 $2,432 $3,902 N/A $1,648 $2,432 $3,902 AXA Moderate Allocation $888 $1,659 $2,450 $3,939 N/A $1,659 $2,450 $3,939 AXA Moderate-Plus Allocation $892 $1,671 $2,469 $3,976 N/A $1,671 $2,469 $3,976 Multimanager Aggressive Equity $855 $1,561 $2,290 $3,621 N/A $1,561 $2,290 $3,621 Multimanager Core Bond $850 $1,549 $2,270 $3,581 N/A $1,549 $2,270 $3,581 Multimanager Health Care $896 $1,683 $2,488 $4,013 N/A $1,683 $2,488 $4,013 Multimanager High Yield $851 $1,549 $2,271 $3,583 N/A $1,549 $2,271 $3,583 Multimanager International Equity $882 $1,642 $2,422 $3,884 N/A $1,642 $2,422 $3,884 Multimanager Large Cap Core Equity $869 $1,604 $2,361 $3,762 N/A $1,604 $2,361 $3,762 Multimanager Large Cap Growth $878 $1,630 $2,403 $3,846 N/A $1,630 $2,403 $3,846 Multimanager Large Cap Value $872 $1,611 $2,371 $3,783 N/A $1,611 $2,371 $3,783 Multimanager Mid Cap Growth $879 $1,633 $2,408 $3,856 N/A $1,633 $2,408 $3,856 Multimanager Mid Cap Value $878 $1,630 $2,403 $3,846 N/A $1,630 $2,403 $3,846 Multimanager Small Cap Growth $888 $1,659 $2,450 $3,939 N/A $1,659 $2,450 $3,939 Multimanager Small Cap Value $883 $1,645 $2,427 $3,893 N/A $1,645 $2,427 $3,893 Multimanager Technology $897 $1,686 $2,493 $4,022 N/A $1,686 $2,493 $4,022 ------------------------------------------------------------------------------------------------------------------------------- EQ ADVISORS TRUST: ------------------------------------------------------------------------------------------------------------------------------- EQ/Core Bond Index $826 $1,475 $2,150 $3,338 N/A $1,475 $2,150 $3,338 EQ/Intermediate Government Bond Index $828 $1,482 $2,162 $3,362 N/A $1,482 $2,162 $3,362 ------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------ If you do not surrender your contract at the end of the applicable time period ------------------------------------------------------------------------------------ 1 year 3 years 5 years 10 years ------------------------------------------------------------------------------------ AXA PREMIER VIP TRUST: ------------------------------------------------------------------------------------ AXA Aggressive Allocation $382 $1,160 $1,957 $4,031 AXA Conservative Allocation $362 $1,102 $1,862 $3,856 AXA Conservative-Plus Allocation $368 $1,117 $1,887 $3,902 AXA Moderate Allocation $372 $1,130 $1,907 $3,939 AXA Moderate-Plus Allocation $376 $1,142 $1,927 $3,976 Multimanager Aggressive Equity $336 $1,025 $1,737 $3,621 Multimanager Core Bond $332 $1,012 $1,716 $3,581 Multimanager Health Care $380 $1,154 $1,947 $4,013 Multimanager High Yield $332 $1,013 $1,717 $3,583 Multimanager International Equity $365 $1,111 $1,877 $3,884 Multimanager Large Cap Core Equity $352 $1,071 $1,812 $3,762 Multimanager Large Cap Growth $361 $1,099 $1,857 $3,846 Multimanager Large Cap Value $354 $1,078 $1,823 $3,783 Multimanager Mid Cap Growth $362 $1,102 $1,862 $3,856 Multimanager Mid Cap Value $361 $1,099 $1,857 $3,846 Multimanager Small Cap Growth $372 $1,130 $1,907 $3,939 Multimanager Small Cap Value $366 $1,114 $1,882 $3,893 Multimanager Technology $381 $1,157 $1,952 $4,022 ------------------------------------------------------------------------------------ EQ ADVISORS TRUST: ------------------------------------------------------------------------------------ EQ/Core Bond Index $306 $ 935 $1,589 $3,338 EQ/Intermediate Government Bond Index $308 $ 943 $1,601 $3,362 ------------------------------------------------------------------------------------
Copyright 2009 AXA Equitable Life Insurance Company. All rights reserved. EQUI-VEST(R) is issued by and is a registered service mark of AXA Equitable Life Insurance Company. Co-distributed by affiliates AXA Advisors, LLC and/or AXA Distributors, LLC, 1290 Avenue of the Americas, New York, NY 10104. AXA Equitable Life Insurance Company 1290 Avenue of the Americas, New York, NY 10104 212-554-1234 3 AXA Equitable Life Insurance Company SUPPLEMENT DATED JANUARY 15, 2009 TO THE CURRENT PROSPECTUS FOR EQUI-VEST(R) STRATEGIES -------------------------------------------------------------------------------- This Supplement modifies certain information in the above-referenced prospectus, supplements to prospectus and statement of additional information, (together the "Prospectus"). You should read this Supplement in conjunction with the Prospectus and retain it for future reference. Unless otherwise indicated, all other information included in the Prospectus remains unchanged. The terms we use in this Supplement have the same meaning as in the Prospectus. We will send you another copy of any prospectus or supplement without charge upon request. Please contact the customer service center referenced in the Prospectus. The purpose of this Supplement is to provide you with information regarding name, sub-adviser and fee changes to certain Portfolios. Please note the changes described below. CHANGES TO PORTFOLIOS OF AXA PREMIER VIP TRUST AND EQ ADVISORS TRUST ("TRUSTS") 1. PORTFOLIO NAME CHANGES Effective on or about January 15, 2009, the following Portfolio name changes as listed below will occur. Accordingly, all references to their respective corresponding investment options in the Prospectus are also changed. ---------------------------------------------------------------------------- Existing Portfolio Name New Portfolio Name ---------------------------------------------------------------------------- EQ/AllianceBernstein Intermediate EQ/Intermediate Government Bond Index Government Securities ---------------------------------------------------------------------------- EQ/JPMorgan Core Bond EQ/Core Bond Index ---------------------------------------------------------------------------- 2. PORTFOLIO SUB-ADVISER CHANGES Effective on or about January 15, 2009, SSgA Funds Management, Inc. will replace AllianceBernstein, L.P. as the Sub-Adviser to the EQ/Intermediate Government Bond Index Portfolio and JPMorgan Investment Management, Inc. as the Sub-Adviser to the EQ/Core Bond Index Portfolio. Also, SSgA Funds Management, Inc. will be added as a Sub-Adviser to the Portfolios of the AXA Premier VIP Trust listed in the table below. AXA Equitable Life Insurance Company will continue to be the Investment Manager of the Portfolios. See "Portfolios of the Trusts" in your Prospectus for more information. ------------------------------------- AXA Premier VIP Trust ------------------------------------- MULTIMANAGER AGGRESSIVE EQUITY ------------------------------------- MULTIMANAGER CORE BOND ------------------------------------- MULTIMANAGER HEALTH CARE ------------------------------------- MULTIMANAGER HIGH YIELD ------------------------------------- MULTIMANAGER INTERNATIONAL EQUITY ------------------------------------- MULTIMANAGER LARGE CAP CORE EQUITY ------------------------------------- MULTIMANAGER LARGE CAP GROWTH ------------------------------------- MULTIMANAGER LARGE CAP VALUE ------------------------------------- MULTIMANAGER MID CAP GROWTH ------------------------------------- MULTIMANAGER MID CAP VALUE ------------------------------------- MULTIMANAGER SMALL CAP GROWTH ------------------------------------- MULTIMANAGER SMALL CAP VALUE ------------------------------------- MULTIMANAGER TECHNOLOGY ------------------------------------- 3. AMENDMENTS TO EXPENSE LIMITATION ARRANGEMENTS FOR CERTAIN PORTFOLIOS The Board of Trustees of the AXA Premier VIP Trust (the "Trust") recently approved revisions to the Expense Limitation Agreement (the "Agreement") between the Trust and AXA Equitable Life Insurance Company ("AXA Equitable"). The Agreement has been amended to reflect that AXA Equitable has agreed to modify the expense limitation arrangement to include the fees and expenses of the other investment companies in which the AXA Allocation Portfolios invest ("Acquired Fund Fees and Expenses") when calculating its obligations under the Series Strategies NB/IF (AR) x02449 Form # 888-546 (1/09) 142047 (1/09) Agreement to make payments and to waive its management, administrative and other fees so that the AXA Allocation Portfolios' expenses do not exceed the Portfolios' expense limits. As a result of these changes, the current "Net Total Annual Expenses" and "Acquired Fund Fees and Expenses" will be reduced effective on or about January 1, 2009. The Fee Table below reflects the new expenses for the AXA Allocation portfolios that are available under your contract. 4. FEE TABLE The following information is added under "Portfolio operating expenses expressed as an annual percentage of daily net assets" in the Prospectus, replacing the information shown for the Existing Portfolios listed above in the chart in section 1 and other Portfolios that had a reduction in their expenses. (Portfolios whose names are changing are listed below under their new names.) In addition, the Prospectus indicates that a portion of the brokerage commissions of each of Multimanager Aggressive Equity, Multimanager Health Care, Multimanager Large Cap Core Equity, Multimanager Large Cap Growth, Multimanager Large Cap Value, Multimanager Mid Cap Growth, Multimanager Mid Cap Value, Multimanager Small Cap Growth, Multimanager Small Cap Value and Multimanager Technology are used to reduce each of these portfolios' expenses. This statement, as it pertains to these Portfolios, is deleted from the Prospectus.
---------------------------------------------------------------------------- Management 12b-1 Other Portfolio Name Fees Fees Expenses ---------------------------------------------------------------------------- AXA Premier VIP Trust ---------------------------------------------------------------------------- AXA Aggressive Allocation 0.10% 0.25% 0.17% AXA Conservative Allocation 0.10% 0.25% 0.21% AXA Conservative-Plus Allocation 0.10% 0.25% 0.19% AXA Moderate Allocation 0.10% -- 0.17% AXA Moderate-Plus Allocation 0.10% 0.25% 0.17% Multimanager Aggressive Equity 0.59% -- 0.16% Multimanager Core Bond 0.53% 0.25% 0.18% Multimanager Health Care 0.95% 0.25% 0.22% Multimanager High Yield 0.53% -- 0.18% Multimanager International Equity 0.82% 0.25% 0.21% Multimanager Large Cap Core Equity 0.69% 0.25% 0.21% Multimanager Large Cap Growth 0.75% 0.25% 0.24% Multimanager Large Cap Value 0.72% 0.25% 0.20% Multimanager Mid Cap Growth 0.80% 0.25% 0.20% Multimanager Mid Cap Value 0.80% 0.25% 0.19% Multimanager Small Cap Growth 0.85% 0.25% 0.24% Multimanager Small Cap Value 0.85% 0.25% 0.19% Multimanager Technology 0.95% 0.25% 0.22% ---------------------------------------------------------------------------- EQ Advisors Trust ---------------------------------------------------------------------------- EQ/Intermediate Government Bond Index 0.35% -- 0.14% EQ/Core Bond Index 0.35% 0.25% 0.11% ---------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------- Acquired Net Total Fund Fees Total Annual Fee Waivers Annual and Expenses and/or Expenses Expenses (Before Expense (After (Underlying Expense Reimburse- Expense Portfolio Name Portfolios) Limitations) ments Limitations) ---------------------------------------------------------------------------------------------- AXA Premier VIP Trust ---------------------------------------------------------------------------------------------- AXA Aggressive Allocation 0.92% 1.44% (0.19)% 1.25% AXA Conservative Allocation 0.69% 1.25% (0.25)% 1.00% AXA Conservative-Plus Allocation 0.76% 1.30% (0.20)% 1.10% AXA Moderate Allocation 0.82% 1.09% (0.19)% 0.90% AXA Moderate-Plus Allocation 0.86% 1.38% (0.18)% 1.20% Multimanager Aggressive Equity -- 0.75% -- 0.75% Multimanager Core Bond -- 0.96% 0.00% 0.96% Multimanager Health Care -- 1.42% 0.00% 1.42% Multimanager High Yield -- 0.71% -- 0.71% Multimanager International Equity -- 1.28% 0.00% 1.28% Multimanager Large Cap Core Equity -- 1.15% 0.00% 1.15% Multimanager Large Cap Growth -- 1.24% 0.00% 1.24% Multimanager Large Cap Value -- 1.17% 0.00% 1.17% Multimanager Mid Cap Growth -- 1.25% 0.00% 1.25% Multimanager Mid Cap Value -- 1.24% 0.00% 1.24% Multimanager Small Cap Growth -- 1.34% 0.00% 1.34% Multimanager Small Cap Value -- 1.29% 0.00% 1.29% Multimanager Technology 0.01% 1.43% 0.00% 1.43% ---------------------------------------------------------------------------------------------- EQ Advisors Trust ---------------------------------------------------------------------------------------------- EQ/Intermediate Government Bond Index -- 0.49% -- 0.49% EQ/Core Bond Index -- 0.71% -- 0.71% ----------------------------------------------------------------------------------------------
5. REVISED "EXAMPLE" The following information is added under "Example" in the Prospectus, replacing the information shown for the Existing Portfolios listed above in the chart in section 1 and other Portfolios that had a reduction in their expenses. (Portfolios whose names are changing are listed below under their new names.)
----------------------------------------------------------------------------------------------------------------------------- If you annuitize at the end of the applicable time period and select a non-life contingent period certain If you surrender your contract at the annuity option with less than ten end of the applicable time period years ----------------------------------------------------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years 1 year 3 years 5 years 10 years ----------------------------------------------------------------------------------------------------------------------------- AXA PREMIER VIP TRUST: ----------------------------------------------------------------------------------------------------------------------------- AXA Aggressive Allocation $850 $1,490 $2,155 $3,390 N/A $1,490 $2,155 $3,390 AXA Conservative Allocation $831 $1,434 $2,063 $3,202 N/A $1,434 $2,063 $3,202 AXA Conservative-Plus Allocation $836 $1,449 $2,087 $3,252 N/A $1,449 $2,087 $3,252 ----------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------- If you do not surrender your contract at the end of the applicable time period ---------------------------------------------------------------------------- 1 year 3 years 5 years 10 years ---------------------------------------------------------------------------- AXA PREMIER VIP TRUST: ---------------------------------------------------------------------------- AXA Aggressive Allocation $300 $917 $1,559 $3,280 AXA Conservative Allocation $280 $857 $1,461 $3,090 AXA Conservative-Plus Allocation $285 $873 $1,487 $3,140 ----------------------------------------------------------------------------
2
------------------------------------------------------------------------------------------------------------------------------- If you annuitize at the end of the applicable time period and select a non-life contingent period certain If you surrender your contract at the annuity option with less than ten end of the applicable time period years ------------------------------------------------------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years 1 year 3 years 5 years 10 years ------------------------------------------------------------------------------------------------------------------------------- AXA PREMIER VIP TRUST: ------------------------------------------------------------------------------------------------------------------------------- AXA Moderate Allocation $816 $1,387 $1,985 $3,041 N/A $1,387 $1,985 $3,041 AXA Moderate-Plus Allocation $844 $1,472 $2,126 $3,331 N/A $1,472 $2,126 $3,331 Multimanager Aggressive Equity $782 $1,286 $1,818 $2,691 N/A $1,286 $1,818 $2,691 Multimanager Core Bond $803 $1,348 $1,921 $2,908 N/A $1,348 $1,921 $2,908 Multimanager Health Care $848 $1,484 $2,146 $3,370 N/A $1,484 $2,146 $3,370 Multimanager High Yield $778 $1,274 $1,798 $2,649 N/A $1,274 $1,798 $2,649 Multimanager International Equity $834 $1,443 $2,078 $3,232 N/A $1,443 $2,078 $3,232 Multimanager Large Cap Core Equity $822 $1,404 $2,014 $3,101 N/A $1,404 $2,014 $3,101 Multimanager Large Cap Growth $830 $1,431 $2,058 $3,192 N/A $1,431 $2,058 $3,192 Multimanager Large Cap Value $824 $1,411 $2,025 $3,124 N/A $1,411 $2,025 $3,124 Multimanager Mid Cap Growth $831 $1,434 $2,063 $3,202 N/A $1,434 $2,063 $3,202 Multimanager Mid Cap Value $830 $1,431 $2,058 $3,192 N/A $1,431 $2,058 $3,192 Multimanager Small Cap Growth $840 $1,460 $2,107 $3,291 N/A $1,460 $2,107 $3,291 Multimanager Small Cap Value $835 $1,446 $2,083 $3,242 N/A $1,446 $2,083 $3,242 Multimanager Technology $849 $1,487 $2,150 $3,380 N/A $1,487 $2,150 $3,380 ------------------------------------------------------------------------------------------------------------------------------- EQ ADVISORS TRUST: ------------------------------------------------------------------------------------------------------------------------------- EQ/Core Bond Index $778 $1,274 $1,797 $2,647 N/A $1,274 $1,797 $2,647 EQ/Intermediate Government Bond Index $756 $1,206 $1,684 $2,407 N/A $1,206 $1,684 $2,407 ------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------- If you do not surrender your contract at the end of the applicable time period --------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years --------------------------------------------------------------------------------- AXA PREMIER VIP TRUST: --------------------------------------------------------------------------------- AXA Moderate Allocation $263 $807 $1,378 $2,927 AXA Moderate-Plus Allocation $293 $898 $1,528 $3,221 Multimanager Aggressive Equity $227 $701 $1,200 $2,573 Multimanager Core Bond $249 $766 $1,310 $2,792 Multimanager Health Care $297 $910 $1,549 $3,260 Multimanager High Yield $223 $688 $1,179 $2,531 Multimanager International Equity $283 $867 $1,476 $3,120 Multimanager Large Cap Core Equity $269 $826 $1,409 $2,988 Multimanager Large Cap Growth $279 $854 $1,456 $3,080 Multimanager Large Cap Value $271 $833 $1,420 $3,011 Multimanager Mid Cap Growth $280 $857 $1,461 $3,090 Multimanager Mid Cap Value $279 $854 $1,456 $3,080 Multimanager Small Cap Growth $289 $885 $1,507 $3,181 Multimanager Small Cap Value $284 $870 $1,482 $3,130 Multimanager Technology $298 $914 $1,554 $3,270 --------------------------------------------------------------------------------- EQ ADVISORS TRUST: --------------------------------------------------------------------------------- EQ/Core Bond Index $223 $687 $1,178 $2,529 EQ/Intermediate Government Bond Index $199 $616 $1,058 $2,285 ---------------------------------------------------------------------------------
Copyright 2009 AXA Equitable Life Insurance Company. All rights reserved. EQUI-VEST(R) is issued by and is a registered service mark of AXA Equitable Life Insurance Company. Co-distributed by affiliates AXA Advisors, LLC and/or AXA Distributors, LLC, 1290 Avenue of the Americas, New York, NY 10104. AXA Equitable Life Insurance Company 1290 Avenue of the Americas, New York, NY 10104 212-554-1234 3 AXA Equitable Life Insurance Company SUPPLEMENT DATED JANUARY 15, 2009 TO THE CURRENT PROSPECTUS FOR EQUI-VEST(R) AT RETIREMENT(SM) -------------------------------------------------------------------------------- This Supplement modifies certain information in the above-referenced prospectus, supplements to prospectus and statement of additional information, (together the "Prospectus"). You should read this Supplement in conjunction with the Prospectus and retain it for future reference. Unless otherwise indicated, all other information included in the Prospectus remains unchanged. The terms we use in this Supplement have the same meaning as in the Prospectus. We will send you another copy of any prospectus or supplement without charge upon request. Please contact the customer service center referenced in the Prospectus. The purpose of this Supplement is to provide you with information regarding name, sub-adviser and fee changes to certain Portfolios. Please note the changes described below. CHANGES TO PORTFOLIOS OF AXA PREMIER VIP TRUST AND EQ ADVISORS TRUST ("TRUSTS") 1. PORTFOLIO NAME CHANGES Effective on or about January 15, 2009, the following Portfolio name changes as listed below will occur. Accordingly, all references to their respective corresponding investment options in the Prospectus are also changed. ---------------------------------------------------------------------------- Existing Portfolio Name New Portfolio Name ---------------------------------------------------------------------------- EQ/AllianceBernstein Intermediate EQ/Intermediate Government Bond Index Government Securities ---------------------------------------------------------------------------- EQ/JPMorgan Core Bond EQ/Core Bond Index ---------------------------------------------------------------------------- 2. PORTFOLIO SUB-ADVISER CHANGES Effective on or about January 15, 2009, SSgA Funds Management, Inc. will replace AllianceBernstein, L.P. as the Sub-Adviser to the EQ/Intermediate Government Bond Index Portfolio and JPMorgan Investment Management, Inc. as the Sub-Adviser to the EQ/Core Bond Index Portfolio. Also, SSgA Funds Management, Inc. will be added as a Sub-Adviser to the Portfolios of the AXA Premier VIP Trust listed in the table below. AXA Equitable Life Insurance Company will continue to be the Investment Manager of the Portfolios. See "Portfolios of the Trusts" in your Prospectus for more information. ---------------------------------------- AXA Premier VIP Trust ---------------------------------------- MULTIMANAGER AGGRESSIVE EQUITY ---------------------------------------- MULTIMANAGER CORE BOND ---------------------------------------- MULTIMANAGER HEALTH CARE ---------------------------------------- MULTIMANAGER HIGH YIELD ---------------------------------------- MULTIMANAGER INTERNATIONAL EQUITY ---------------------------------------- MULTIMANAGER LARGE CAP CORE EQUITY ---------------------------------------- MULTIMANAGER LARGE CAP GROWTH ---------------------------------------- MULTIMANAGER LARGE CAP VALUE ---------------------------------------- MULTIMANAGER MID CAP GROWTH ---------------------------------------- MULTIMANAGER MID CAP VALUE ---------------------------------------- MULTIMANAGER SMALL CAP GROWTH ---------------------------------------- MULTIMANAGER SMALL CAP VALUE ---------------------------------------- MULTIMANAGER TECHNOLOGY ---------------------------------------- 3. AMENDMENTS TO EXPENSE LIMITATION ARRANGEMENTS FOR CERTAIN PORTFOLIOS The Board of Trustees of the AXA Premier VIP Trust (the "Trust") recently approved revisions to the Expense Limitation Agreement (the "Agreement") between the Trust and AXA Equitable Life Insurance Company ("AXA Equitable"). The Agreement has been amended to reflect that AXA Equitable has agreed to modify the expense limitation arrangement to include the fees and expenses of the other investment companies in which the AXA Allocation Portfolios invest ("Acquired Fund Fees and Expenses") when calculating its obligations under the EV At Retirement NB/IF (AR) x02450 Form # 888-547 (1/09) 142048 (1/09) Agreement to make payments and to waive its management, administrative and other fees so that the AXA Allocation Portfolios' expenses do not exceed the Portfolios' expense limits. As a result of these changes, the current "Net Total Annual Expenses" and "Acquired Fund Fees and Expenses" will be reduced effective on or about January 1, 2009. The Fee Table below reflects the new expenses for the AXA Allocation portfolios that are available under your contract. 4. FEE TABLE The following information is added under "Portfolio operating expenses expressed as an annual percentage of daily net assets" in the Prospectus, replacing the information shown for the Existing Portfolios listed above in the chart in section 1 and other Portfolios that had a reduction in their expenses. (Portfolios whose names are changing are listed below under their new names.) In addition, the Prospectus indicates that a portion of the brokerage commissions of each of Multimanager Aggressive Equity, Multimanager Health Care, Multimanager Large Cap Core Equity, Multimanager Large Cap Growth, Multimanager Large Cap Value, Multimanager Mid Cap Growth, Multimanager Mid Cap Value, Multimanager Small Cap Growth, Multimanager Small Cap Value and Multimanager Technology are used to reduce each of these portfolios' expenses. This statement, as it pertains to these Portfolios, is deleted from the Prospectus.
------------------------------------------------------------------------- Management 12b-1 Other Portfolio Name Fees Fees Expenses ------------------------------------------------------------------------- AXA Aggressive Allocation 0.10% 0.25% 0.17% AXA Conservative Allocation 0.10% 0.25% 0.21% AXA Conservative-Plus Allocation 0.10% 0.25% 0.19% AXA Moderate Allocation 0.10% 0.25% 0.17% AXA Moderate-Plus Allocation 0.10% 0.25% 0.17% Multimanager Aggressive Equity 0.59% 0.25% 0.16% Multimanager Core Bond 0.53% 0.25% 0.18% Multimanager Health Care 0.95% 0.25% 0.22% Multimanager High Yield 0.53% 0.25% 0.18% Multimanager International Equity 0.82% 0.25% 0.21% Multimanager Large Cap Core Equity 0.69% 0.25% 0.21% Multimanager Large Cap Growth 0.75% 0.25% 0.24% Multimanager Large Cap Value 0.72% 0.25% 0.20% Multimanager Mid Cap Growth 0.80% 0.25% 0.20% Multimanager Mid Cap Value 0.80% 0.25% 0.19% Multimanager Small Cap Growth 0.85% 0.25% 0.24% Multimanager Small Cap Value 0.85% 0.25% 0.19% Multimanager Technology 0.95% 0.25% 0.22% ------------------------------------------------------------------------- EQ Advisors Trust ------------------------------------------------------------------------- EQ/Intermediate Government Bond Index 0.35% 0.25% 0.14% EQ/Core Bond Index 0.35% 0.25% 0.11% ------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------- Acquired Net Total Fund Fees Total Annual Fee Waivers Annual and Expenses and/or Expenses Expenses (Before Expense (After (Underlying Expense Reimburse- Expense Portfolio Name Portfolios) Limitations) ments Limitations) ---------------------------------------------------------------------------------------------- AXA Aggressive Allocation 0.92% 1.44% (0.19)% 1.25% AXA Conservative Allocation 0.69% 1.25% (0.25)% 1.00% AXA Conservative-Plus Allocation 0.76% 1.30% (0.20)% 1.10% AXA Moderate Allocation 0.82% 1.34% (0.19)% 1.15% AXA Moderate-Plus Allocation 0.86% 1.38% (0.18)% 1.20% Multimanager Aggressive Equity -- 1.00% -- 1.00% Multimanager Core Bond -- 0.96% 0.00% 0.96% Multimanager Health Care -- 1.42% 0.00% 1.42% Multimanager High Yield -- 0.96% -- 0.96% Multimanager International Equity -- 1.28% 0.00% 1.28% Multimanager Large Cap Core Equity -- 1.15% 0.00% 1.15% Multimanager Large Cap Growth -- 1.24% 0.00% 1.24% Multimanager Large Cap Value -- 1.17% 0.00% 1.17% Multimanager Mid Cap Growth -- 1.25% 0.00% 1.25% Multimanager Mid Cap Value -- 1.24% 0.00% 1.24% Multimanager Small Cap Growth -- 1.34% 0.00% 1.34% Multimanager Small Cap Value -- 1.29% 0.00% 1.29% Multimanager Technology 0.01% 1.43% 0.00% 1.43% ---------------------------------------------------------------------------------------------- EQ Advisors Trust ---------------------------------------------------------------------------------------------- EQ/Intermediate Government Bond Index -- 0.74% -- 0.74% EQ/Core Bond Index -- 0.71% -- 0.71% ----------------------------------------------------------------------------------------------
5. REVISED "EXAMPLE" The following information is added under "Example" in the Prospectus, replacing the information shown for the Existing Portfolios listed above in the chart in section 1 and other Portfolios that had a reduction in their expenses. (Portfolios whose names are changing are listed below under their new names.)
--------------------------------------------------------------------------------------------------------------------------- If you surrender or do not surrender your If you annuitize at the end of the contract at the applicable time period end of the applicable time period --------------------------------------------------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years 1 year 3 years 5 years 10 years --------------------------------------------------------------------------------------------------------------------------- AXA PREMIER VIP TRUST: --------------------------------------------------------------------------------------------------------------------------- AXA Aggressive Allocation N/A $1,564 $2,430 $4,815 $394 $1,214 $2,080 $4,465 AXA Conservative Allocation N/A $1,505 $2,334 $4,631 $374 $1,155 $1,984 $4,281 AXA Conservative-Plus Allocation N/A $1,521 $2,359 $4,680 $379 $1,171 $2,009 $4,330 AXA Moderate Allocation N/A $1,533 $2,380 $4,719 $383 $1,183 $2,030 $4,369 AXA Moderate-Plus Allocation N/A $1,546 $2,400 $4,758 $388 $1,196 $2,050 $4,408 Multimanager Aggressive Equity N/A $1,428 $2,206 $4,386 $348 $1,078 $1,856 $4,036 Multimanager Core Bond N/A $1,415 $2,184 $4,344 $344 $1,065 $1,834 $3,994 Multimanager Health Care N/A $1,558 $2,420 $4,796 $392 $1,208 $2,070 $4,446 ---------------------------------------------------------------------------------------------------------------------------
2
------------------------------------------------------------------------------------------------------------------------------- If you surrender or do not surrender your If you annuitize at the end of the contract at the end of the applicable time period applicable time period ------------------------------------------------------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years 1 year 3 years 5 years 10 years ------------------------------------------------------------------------------------------------------------------------------- AXA PREMIER VIP TRUST: ------------------------------------------------------------------------------------------------------------------------------- Multimanager High Yield N/A $1,415 $2,185 $4,346 $344 $1,065 $1,835 $3,996 Multimanager International Equity N/A $1,515 $2,349 $4,661 $377 $1,165 $1,999 $4,311 Multimanager Large Cap Core Equity N/A $1,474 $2,282 $4,533 $364 $1,124 $1,932 $4,183 Multimanager Large Cap Growth N/A $1,502 $2,329 $4,622 $373 $1,152 $1,979 $4,272 Multimanager Large Cap Value N/A $1,481 $2,294 $4,555 $366 $1,131 $1,944 $4,205 Multimanager Mid Cap Growth N/A $1,505 $2,334 $4,631 $374 $1,155 $1,984 $4,281 Multimanager Mid Cap Value N/A $1,502 $2,329 $4,622 $373 $1,152 $1,979 $4,272 Multimanager Small Cap Growth N/A $1,533 $2,380 $4,719 $383 $1,183 $2,030 $4,369 Multimanager Small Cap Value N/A $1,518 $2,354 $4,670 $378 $1,168 $2,004 $4,320 Multimanager Technology N/A $1,561 $2,425 $4,806 $393 $1,211 $2,075 $4,456 ------------------------------------------------------------------------------------------------------------------------------- EQ ADVISORS TRUST: ------------------------------------------------------------------------------------------------------------------------------- EQ/Core Bond Index N/A $1,336 $2,054 $4,089 $317 $ 986 $1,704 $3,739 EQ/Intermediate Government Bond Index N/A $1,344 $2,067 $4,115 $320 $ 994 $1,717 $3,765 -------------------------------------------------------------------------------------------------------------------------------
Copyright 2009 AXA Equitable Life Insurance Company. All rights reserved. EQUI-VEST(R) At Retirement is issued by and is a registered service mark of AXA Equitable Life Insurance Company. Co-distributed by affiliates AXA Advisors, LLC and/or AXA Distributors, LLC, 1290 Avenue of the Americas, New York, NY 10104. AXA Equitable Life Insurance Company 1290 Avenue of the Americas, New York, NY 10104 212-554-1234 3 AXA Equitable Life Insurance Company SUPPLEMENT DATED JANUARY 15, 2009 TO THE CURRENT PROSPECTUS FOR EQUI-VEST(R) AT RETIREMENT -------------------------------------------------------------------------------- This Supplement modifies certain information in the above-referenced prospectus, supplements to prospectus and statement of additional information, (together the "Prospectus"). You should read this Supplement in conjunction with the Prospectus and retain it for future reference. Unless otherwise indicated, all other information included in the Prospectus remains unchanged. The terms we use in this Supplement have the same meaning as in the Prospectus. We will send you another copy of any prospectus or supplement without charge upon request. Please contact the customer service center referenced in the Prospectus. The purpose of this Supplement is to provide you with information regarding name, sub-adviser and fee changes to certain Portfolios. Please note the changes described below. CHANGES TO PORTFOLIOS OF AXA PREMIER VIP TRUST AND EQ ADVISORS TRUST ("TRUSTS") 1. PORTFOLIO NAME CHANGES Effective on or about January 15, 2009, the following Portfolio name changes as listed below will occur. Accordingly, all references to their respective corresponding investment options in the Prospectus are also changed. ---------------------------------------------------------------------------- Existing Portfolio Name New Portfolio Name ---------------------------------------------------------------------------- EQ/AllianceBernstein Intermediate EQ/Intermediate Government Bond Index Government Securities ---------------------------------------------------------------------------- EQ/JPMorgan Core Bond EQ/Core Bond Index ---------------------------------------------------------------------------- 2. PORTFOLIO SUB-ADVISER CHANGES Effective on or about January 15, 2009, SSgA Funds Management, Inc. will replace AllianceBernstein, L.P. as the Sub-Adviser to the EQ/Intermediate Government Bond Index Portfolio and JPMorgan Investment Management, Inc. as the Sub-Adviser to the EQ/Core Bond Index Portfolio. Also, SSgA Funds Management, Inc. will be added as a Sub-Adviser to the Portfolios of the AXA Premier VIP Trust listed in the table below. AXA Equitable Life Insurance Company will continue to be the Investment Manager of the Portfolios. See "Portfolios of the Trusts" in your Prospectus for more information. -------------------------------------- AXA Premier VIP Trust -------------------------------------- MULTIMANAGER AGGRESSIVE EQUITY -------------------------------------- MULTIMANAGER CORE BOND -------------------------------------- MULTIMANAGER HEALTH CARE -------------------------------------- MULTIMANAGER HIGH YIELD -------------------------------------- MULTIMANAGER INTERNATIONAL EQUITY -------------------------------------- MULTIMANAGER LARGE CAP CORE EQUITY -------------------------------------- MULTIMANAGER LARGE CAP GROWTH -------------------------------------- MULTIMANAGER LARGE CAP VALUE -------------------------------------- MULTIMANAGER MID CAP GROWTH -------------------------------------- MULTIMANAGER MID CAP VALUE -------------------------------------- MULTIMANAGER SMALL CAP GROWTH -------------------------------------- MULTIMANAGER SMALL CAP VALUE -------------------------------------- MULTIMANAGER TECHNOLOGY -------------------------------------- 3. AMENDMENTS TO EXPENSE LIMITATION ARRANGEMENTS FOR CERTAIN PORTFOLIOS The Board of Trustees of the AXA Premier VIP Trust (the "Trust") recently approved revisions to the Expense Limitation Agreement (the "Agreement") between the Trust and AXA Equitable Life Insurance Company ("AXA Equitable"). The Agreement has been amended to reflect that AXA Equitable has agreed to modify the expense limitation arrangement to include the fees and expenses of the other investment companies in which the AXA Allocation Portfolios invest ("Acquired Fund Fees and Expenses") when calculating its obligations under the Series At Retirement '04 NB/IF (AR) x02451 Form # 888-548 (1/09) 142049(1/09) Agreement to make payments and to waive its management, administrative and other fees so that the AXA Allocation Portfolios' expenses do not exceed the Portfolios' expense limits. As a result of these changes, the current "Net Total Annual Expenses" and "Acquired Fund Fees and Expenses" will be reduced effective on or about January 1, 2009. The Fee Table below reflects the new expenses for the AXA Allocation portfolios that are available under your contract. 4. FEE TABLE The following information is added under "Portfolio operating expenses expressed as an annual percentage of daily net assets" in the Prospectus, replacing the information shown for the Existing Portfolios listed above in the chart in section 1 and other Portfolios that had a reduction in their expenses. (Portfolios whose names are changing are listed below under their new names.) In addition, the Prospectus indicates that a portion of the brokerage commissions of each of Multimanager Aggressive Equity, Multimanager Health Care, Multimanager Large Cap Core Equity, Multimanager Large Cap Growth, Multimanager Large Cap Value, Multimanager Mid Cap Growth, Multimanager Mid Cap Value, Multimanager Small Cap Growth, Multimanager Small Cap Value and Multimanager Technology are used to reduce each of these portfolios' expenses. This statement, as it pertains to these Portfolios, is deleted from the Prospectus.
---------------------------------------------------------------------------- Management 12b-1 Other Portfolio Name Fees Fees Expenses ---------------------------------------------------------------------------- AXA Aggressive Allocation 0.10% 0.25% 0.17% AXA Conservative Allocation 0.10% 0.25% 0.21% AXA Conservative-Plus Allocation 0.10% 0.25% 0.19% AXA Moderate Allocation 0.10% 0.25% 0.17% AXA Moderate-Plus Allocation 0.10% 0.25% 0.17% Multimanager Aggressive Equity 0.59% 0.25% 0.16% Multimanager Core Bond 0.53% 0.25% 0.18% Multimanager Health Care 0.95% 0.25% 0.22% Multimanager High Yield 0.53% 0.25% 0.18% Multimanager International Equity 0.82% 0.25% 0.21% Multimanager Large Cap Core Equity 0.69% 0.25% 0.21% Multimanager Large Cap Growth 0.75% 0.25% 0.24% Multimanager Large Cap Value 0.72% 0.25% 0.20% Multimanager Mid Cap Growth 0.80% 0.25% 0.20% Multimanager Mid Cap Value 0.80% 0.25% 0.19% Multimanager Small Cap Growth 0.85% 0.25% 0.24% Multimanager Small Cap Value 0.85% 0.25% 0.19% Multimanager Technology 0.95% 0.25% 0.22% ---------------------------------------------------------------------------- EQ Advisors Trust ---------------------------------------------------------------------------- EQ/Intermediate Government Bond Index 0.35% 0.25% 0.14% EQ/Core Bond Index 0.35% 0.25% 0.11% ---------------------------------------------------------------------------- -------------------------------------------------------------------------------------------- Acquired Net Total Fund Fees Total Annual Fee Waivers Annual and Expenses and/or Expenses Expenses (Before Expense (After (Underlying Expense Reimburse- Expense Portfolio Name Portfolios) Limitations) ments Limitations) -------------------------------------------------------------------------------------------- AXA Aggressive Allocation 0.92% 1.44% (0.19)% 1.25% AXA Conservative Allocation 0.69% 1.25% (0.25)% 1.00% AXA Conservative-Plus Allocation 0.76% 1.30% (0.20)% 1.10% AXA Moderate Allocation 0.82% 1.34% (0.19)% 1.15% AXA Moderate-Plus Allocation 0.86% 1.38% (0.18)% 1.20% Multimanager Aggressive Equity -- 1.00% -- 1.00% Multimanager Core Bond -- 0.96% 0.00% 0.96% Multimanager Health Care -- 1.42% 0.00% 1.42% Multimanager High Yield -- 0.96% -- 0.96% Multimanager International Equity -- 1.28% 0.00% 1.28% Multimanager Large Cap Core Equity -- 1.15% 0.00% 1.15% Multimanager Large Cap Growth -- 1.24% 0.00% 1.24% Multimanager Large Cap Value -- 1.17% 0.00% 1.17% Multimanager Mid Cap Growth -- 1.25% 0.00% 1.25% Multimanager Mid Cap Value -- 1.24% 0.00% 1.24% Multimanager Small Cap Growth -- 1.34% 0.00% 1.34% Multimanager Small Cap Value -- 1.29% 0.00% 1.29% Multimanager Technology 0.01% 1.43% 0.00% 1.43% -------------------------------------------------------------------------------------------- EQ Advisors Trust -------------------------------------------------------------------------------------------- EQ/Intermediate Government Bond Index -- 0.74% -- 0.74% EQ/Core Bond Index -- 0.71% -- 0.71% --------------------------------------------------------------------------------------------
5. REVISED "EXAMPLE" The following information is added under "Example" in the Prospectus, replacing the information shown for the Existing Portfolios listed above in the chart in section 1 and other Portfolios that had a reduction in their expenses. (Portfolios whose names are changing are listed below under their new names.)
--------------------------------------------------------------------------------------------------------------------------- If you annuitize at the end of the If you surrender or do not surrender your applicable time contract at the end of the period applicable time period --------------------------------------------------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years 1 year 3 years 5 years 10 years --------------------------------------------------------------------------------------------------------------------------- AXA PREMIER VIP TRUST: --------------------------------------------------------------------------------------------------------------------------- AXA Aggressive Allocation N/A $1,549 $2,405 $4,767 $389 $1,199 $2,055 $4,417 AXA Conservative Allocation N/A $1,490 $2,308 $4,583 $369 $1,140 $1,958 $4,233 AXA Conservative-Plus Allocation N/A $1,505 $2,334 $4,631 $374 $1,155 $1,984 $4,281 AXA Moderate Allocation N/A $1,518 $2,354 $4,670 $378 $1,168 $2,004 $4,320 AXA Moderate-Plus Allocation N/A $1,530 $2,374 $4,709 $382 $1,180 $2,024 $4,359 Multimanager Aggressive Equity N/A $1,412 $2,180 $4,336 $343 $1,062 $1,830 $3,986 Multimanager Core Bond N/A $1,399 $2,158 $4,294 $338 $1,049 $1,808 $3,944 Multimanager Health Care N/A $1,543 $2,395 $4,748 $387 $1,193 $2,045 $4,398 ---------------------------------------------------------------------------------------------------------------------------
2
------------------------------------------------------------------------------------------------------------------------------- If you annuitize at the end of the If you surrender or do not surrender your applicable time contract at the end of the period applicable time period ------------------------------------------------------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years 1 year 3 years 5 years 10 years ------------------------------------------------------------------------------------------------------------------------------- AXA PREMIER VIP TRUST: ------------------------------------------------------------------------------------------------------------------------------- Multimanager High Yield N/A $1,400 $2,160 $4,296 $339 $1,050 $1,810 $3,946 Multimanager International Equity N/A $1,499 $2,323 $4,612 $372 $1,149 $1,973 $4,262 Multimanager Large Cap Core Equity N/A $1,459 $2,257 $4,484 $358 $1,109 $1,907 $4,134 Multimanager Large Cap Growth N/A $1,487 $2,303 $4,573 $368 $1,137 $1,953 $4,223 Multimanager Large Cap Value N/A $1,465 $2,268 $4,506 $361 $1,115 $1,918 $4,156 Multimanager Mid Cap Growth N/A $1,490 $2,308 $4,583 $369 $1,140 $1,958 $4,233 Multimanager Mid Cap Value N/A $1,487 $2,303 $4,573 $368 $1,137 $1,953 $4,223 Multimanager Small Cap Growth N/A $1,518 $2,354 $4,670 $378 $1,168 $2,004 $4,320 Multimanager Small Cap Value N/A $1,502 $2,329 $4,622 $373 $1,152 $1,979 $4,272 Multimanager Technology N/A $1,546 $2,400 $4,758 $388 $1,196 $2,050 $4,408 ------------------------------------------------------------------------------------------------------------------------------- EQ ADVISORS TRUST: ------------------------------------------------------------------------------------------------------------------------------- EQ/Core Bond Index N/A $1,321 $2,028 $4,037 $312 $ 971 $1,678 $3,687 EQ/Intermediate Government Bond Index N/A $1,328 $2,041 $4,063 $315 $ 978 $1,691 $3,713 -------------------------------------------------------------------------------------------------------------------------------
Copyright 2009 AXA Equitable Life Insurance Company. All rights reserved. EQUI-VEST(R) At Retirement '04 is issued by and is a registered service mark of AXA Equitable Life Insurance Company. Co-distributed by affiliates AXA Advisors, LLC and/or AXA Distributors, LLC, 1290 Avenue of the Americas, New York, NY 10104. AXA Equitable Life Insurance Company 1290 Avenue of the Americas, New York, NY 10104 212-554-1234 3 AXA Equitable Life Insurance Company SUPPLEMENT DATED JANUARY 15, 2009 TO THE CURRENT PROSPECTUS FOR EQUI-VEST(R) VANTAGE(SM) -------------------------------------------------------------------------------- This Supplement modifies certain information in the above-referenced prospectus, supplements to prospectus and statement of additional information, (together the "Prospectus"). You should read this Supplement in conjunction with the Prospectus and retain it for future reference. Unless otherwise indicated, all other information included in the Prospectus remains unchanged. The terms we use in this Supplement have the same meaning as in the Prospectus. We will send you another copy of any prospectus or supplement without charge upon request. Please contact the customer service center referenced in the Prospectus. The purpose of this Supplement is to provide you with information regarding name, sub-adviser and fee changes to certain Portfolios. Please note the changes described below. CHANGES TO PORTFOLIOS OF AXA PREMIER VIP TRUST AND EQ ADVISORS TRUST ("TRUSTS") 1. PORTFOLIO NAME CHANGES Effective on or about January 15, 2009, the following Portfolio name changes as listed below will occur. Accordingly, all references to their respective corresponding investment options in the Prospectus are also changed. ---------------------------------------------------------------------------- Existing Portfolio Name New Portfolio Name ---------------------------------------------------------------------------- EQ/AllianceBernstein Intermediate EQ/Intermediate Government Bond Index Government Securities ---------------------------------------------------------------------------- EQ/JPMorgan Core Bond EQ/Core Bond Index ---------------------------------------------------------------------------- 2. PORTFOLIO SUB-ADVISER CHANGES Effective on or about January 15, 2009, SSgA Funds Management, Inc. will replace AllianceBernstein, L.P. as the Sub-Adviser to the EQ/Intermediate Government Bond Index Portfolio and JPMorgan Investment Management, Inc. as the Sub-Adviser to the EQ/Core Bond Index Portfolio. Also, SSgA Funds Management, Inc. will be added as a Sub-Adviser to the Portfolios of the AXA Premier VIP Trust listed in the table below. AXA Equitable Life Insurance Company will continue to be the Investment Manager of the Portfolios. See "Portfolios of the Trusts" in your Prospectus for more information. ------------------------------------ AXA Premier VIP Trust ------------------------------------ MULTIMANAGER AGGRESSIVE EQUITY ------------------------------------ MULTIMANAGER CORE BOND ------------------------------------ MULTIMANAGER HEALTH CARE ------------------------------------ MULTIMANAGER HIGH YIELD ------------------------------------ MULTIMANAGER INTERNATIONAL EQUITY ------------------------------------ MULTIMANAGER LARGE CAP CORE EQUITY ------------------------------------ MULTIMANAGER LARGE CAP GROWTH ------------------------------------ MULTIMANAGER LARGE CAP VALUE ------------------------------------ MULTIMANAGER MID CAP GROWTH ------------------------------------ MULTIMANAGER MID CAP VALUE ------------------------------------ MULTIMANAGER SMALL CAP GROWTH ------------------------------------ MULTIMANAGER SMALL CAP VALUE ------------------------------------ MULTIMANAGER TECHNOLOGY ------------------------------------ 3. AMENDMENTS TO EXPENSE LIMITATION ARRANGEMENTS FOR CERTAIN PORTFOLIOS The Board of Trustees of the AXA Premier VIP Trust (the "Trust") recently approved revisions to the Expense Limitation Agreement (the "Agreement") between the Trust and AXA Equitable Life Insurance Company ("AXA Equitable"). The Agreement has been amended to reflect that AXA Equitable has agreed to modify the expense limitation arrangement to include the fees and expenses of the other investment companies in which the AXA Allocation Portfolios invest ("Acquired Fund Fees and Expenses") when calculating its obligations under the Vantage NB/IF (AR) x02453 Form # 888-550 (1/09) 142051 (1/09) Agreement to make payments and to waive its management, administrative and other fees so that the AXA Allocation Portfolios' expenses do not exceed the Portfolios' expense limits. As a result of these changes, the current "Net Total Annual Expenses" and "Acquired Fund Fees and Expenses" will be reduced effective on or about January 1, 2009. The Fee Table below reflects the new expenses for the AXA Allocation portfolios that are available under your contract. 4. FEE TABLE The following information is added under "Portfolio operating expenses expressed as an annual percentage of daily net assets" in the Prospectus, replacing the information shown for the Existing Portfolios listed above in the chart in section 1 and other Portfolios that had a reduction in their expenses. (Portfolios whose names are changing are listed below under their new names.) In addition, the Prospectus indicates that a portion of the brokerage commissions of each of Multimanager Aggressive Equity, Multimanager Health Care, Multimanager Large Cap Core Equity, Multimanager Large Cap Growth, Multimanager Large Cap Value, Multimanager Mid Cap Growth, Multimanager Mid Cap Value, Multimanager Small Cap Growth, Multimanager Small Cap Value and Multimanager Technology are used to reduce each of these portfolios' expenses. This statement, as it pertains to these Portfolios, is deleted from the Prospectus.
--------------------------------------------------------------------- Management 12b-1 Other Portfolio Name Fees Fees Expenses --------------------------------------------------------------------- AXA Premier VIP Trust --------------------------------------------------------------------- AXA Aggressive Allocation 0.10% 0.25% 0.17% AXA Conservative Allocation 0.10% 0.25% 0.21% AXA Conservative-Plus Allocation 0.10% 0.25% 0.19% AXA Moderate Allocation 0.10% 0.25% 0.17% AXA Moderate-Plus Allocation 0.10% 0.25% 0.17% Multimanager Aggressive Equity 0.59% 0.25% 0.16% Multimanager Core Bond 0.53% 0.25% 0.18% Multimanager Health Care 0.95% 0.25% 0.22% Multimanager High Yield 0.53% 0.25% 0.18% Multimanager International Equity 0.82% 0.25% 0.21% Multimanager Large Cap Core Equity 0.69% 0.25% 0.21% Multimanager Large Cap Growth 0.75% 0.25% 0.24% Multimanager Large Cap Value 0.72% 0.25% 0.20% Multimanager Mid Cap Growth 0.80% 0.25% 0.20% Multimanager Mid Cap Value 0.80% 0.25% 0.19% Multimanager Small Cap Growth 0.85% 0.25% 0.24% Multimanager Small Cap Value 0.85% 0.25% 0.19% Multimanager Technology 0.95% 0.25% 0.22% --------------------------------------------------------------------- EQ Advisors Trust --------------------------------------------------------------------- EQ/Intermediate Government Bond Index 0.35% 0.25% 0.14% EQ/Core Bond Index 0.35% 0.25% 0.11% --------------------------------------------------------------------- -------------------------------------------------------------------------------------------- Acquired Net Total Fund Fees Total Annual Fee Waivers Annual and Expenses and/or Expenses Expenses (Before Expense (After (Underlying Expense Reimburse- Expense Portfolio Name Portfolios) Limitations) ments Limitations) -------------------------------------------------------------------------------------------- AXA Premier VIP Trust -------------------------------------------------------------------------------------------- AXA Aggressive Allocation 0.92% 1.44% (0.19)% 1.25% AXA Conservative Allocation 0.69% 1.25% (0.25)% 1.00% AXA Conservative-Plus Allocation 0.76% 1.30% (0.20)% 1.10% AXA Moderate Allocation 0.82% 1.34% (0.19)% 1.15% AXA Moderate-Plus Allocation 0.86% 1.38% (0.18)% 1.20% Multimanager Aggressive Equity -- 1.00% -- 1.00% Multimanager Core Bond -- 0.96% 0.00% 0.96% Multimanager Health Care -- 1.42% 0.00% 1.42% Multimanager High Yield -- 0.96% -- 0.96% Multimanager International Equity -- 1.28% 0.00% 1.28% Multimanager Large Cap Core Equity -- 1.15% 0.00% 1.15% Multimanager Large Cap Growth -- 1.24% 0.00% 1.24% Multimanager Large Cap Value -- 1.17% 0.00% 1.17% Multimanager Mid Cap Growth -- 1.25% 0.00% 1.25% Multimanager Mid Cap Value -- 1.24% 0.00% 1.24% Multimanager Small Cap Growth -- 1.34% 0.00% 1.34% Multimanager Small Cap Value -- 1.29% 0.00% 1.29% Multimanager Technology 0.01% 1.43% 0.00% 1.43% -------------------------------------------------------------------------------------------- EQ Advisors Trust -------------------------------------------------------------------------------------------- EQ/Intermediate Government Bond Index -- 0.74% -- 0.74% EQ/Core Bond Index -- 0.71% -- 0.71% --------------------------------------------------------------------------------------------
5. REVISED "EXAMPLE" The following information is added under "Example" in the Prospectus, replacing the information shown for the Existing Portfolios listed above in the chart in section 1 and other Portfolios that had a reduction in their expenses. (Portfolios whose names are changing are listed below under their new names.)
------------------------------------------------------------------------------------------------------------------------- If you surrender your contract at the If you annuitize at the end of the end of the applicable time period applicable time period(1) 1 year 3 years 5 years 10 years 1 year 3 years 5 years 10 years ------------------------------------------------------------------------------------------------------------------------- AXA PREMIER VIP TRUST: ------------------------------------------------------------------------------------------------------------------------- AXA Aggressive Allocation $876 $1,447 $1,934 $2,914 N/A $1,447 $1,934 $2,914 AXA Conservative Allocation $857 $1,391 $1,840 $2,716 N/A $1,391 $1,840 $2,716 AXA Conservative-Plus Allocation $862 $1,406 $1,864 $2,769 N/A $1,406 $1,864 $2,769 AXA Moderate Allocation $866 $1,418 $1,884 $2,810 N/A $1,418 $1,884 $2,810 AXA Moderate-Plus Allocation $870 $1,430 $1,904 $2,852 N/A $1,430 $1,904 $2,852 Multimanager Aggressive Equity $833 $1,318 $1,716 $2,452 N/A $1,318 $1,716 $2,452 ------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------- If you do not surrender your contract at the end of the applicable time period ----------------------------------------------------------------------------- 1 year 3 years 5 years 10 years ----------------------------------------------------------------------------- AXA PREMIER VIP TRUST: ----------------------------------------------------------------------------- AXA Aggressive Allocation $261 $803 $1,371 $2,914 AXA Conservative Allocation $241 $743 $1,272 $2,716 AXA Conservative-Plus Allocation $247 $759 $1,298 $2,769 AXA Moderate Allocation $251 $772 $1,319 $2,810 AXA Moderate-Plus Allocation $255 $784 $1,340 $2,852 Multimanager Aggressive Equity $215 $665 $1,140 $2,452 -----------------------------------------------------------------------------
2
----------------------------------------------------------------------------------------------------------------------------- If you surrender your contract at the If you annuitize at the end of the end of the applicable time period applicable time period(1) ----------------------------------------------------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years 1 year 3 years 5 years 10 years ----------------------------------------------------------------------------------------------------------------------------- Multimanager Core Bond $828 $1,305 $1,695 $2,407 N/A $1,305 $1,695 $2,407 Multimanager Health Care $874 $1,441 $1,924 $2,893 N/A $1,441 $1,924 $2,893 Multimanager High Yield $829 $1,306 $1,696 $2,409 N/A $1,306 $1,696 $2,409 Multimanager International Equity $860 $1,400 $1,855 $2,748 N/A $1,400 $1,855 $2,748 Multimanager Large Cap Core Equity $847 $1,362 $1,790 $2,611 N/A $1,362 $1,790 $2,611 Multimanager Large Cap Growth $856 $1,388 $1,835 $2,706 N/A $1,388 $1,835 $2,706 Multimanager Large Cap Value $849 $1,368 $1,801 $2,634 N/A $1,368 $1,801 $2,634 Multimanager Mid Cap Growth $857 $1,391 $1,840 $2,716 N/A $1,391 $1,840 $2,716 Multimanager Mid Cap Value $856 $1,388 $1,835 $2,706 N/A $1,388 $1,835 $2,706 Multimanager Small Cap Growth $866 $1,418 $1,884 $2,810 N/A $1,418 $1,884 $2,810 Multimanager Small Cap Value $861 $1,403 $1,859 $2,758 N/A $1,403 $1,859 $2,758 Multimanager Technology $875 $1,444 $1,929 $2,903 N/A $1,444 $1,929 $2,903 ----------------------------------------------------------------------------------------------------------------------------- EQ ADVISORS TRUST: ----------------------------------------------------------------------------------------------------------------------------- EQ/Core Bond Index $804 $1,231 $1,568 $2,133 N/A $1,231 $1,568 $2,133 EQ/Intermediate Government Bond Index $806 $1,238 $1,581 $2,161 N/A $1,238 $1,581 $2,161 ----------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------- If you do not surrender your contract at the end of the applicable time period ------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years ------------------------------------------------------------------------------- Multimanager Core Bond $211 $652 $1,118 $2,407 Multimanager Health Care $259 $797 $1,361 $2,893 Multimanager High Yield $211 $652 $1,119 $2,409 Multimanager International Equity $245 $753 $1,287 $2,748 Multimanager Large Cap Core Equity $231 $712 $1,219 $2,611 Multimanager Large Cap Growth $240 $740 $1,266 $2,706 Multimanager Large Cap Value $233 $719 $1,230 $2,634 Multimanager Mid Cap Growth $241 $743 $1,272 $2,716 Multimanager Mid Cap Value $240 $740 $1,266 $2,706 Multimanager Small Cap Growth $251 $772 $1,319 $2,810 Multimanager Small Cap Value $246 $756 $1,293 $2,758 Multimanager Technology $260 $800 $1,366 $2,903 ------------------------------------------------------------------------------- EQ ADVISORS TRUST: ------------------------------------------------------------------------------- EQ/Core Bond Index $185 $572 $ 984 $2,133 EQ/Intermediate Government Bond Index $187 $580 $ 998 $2,161 -------------------------------------------------------------------------------
(1) Please see "When withdrawal charges do not apply" in "Charges and expenses" in the prospectus for more information on withdrawal charge waivers upon annuitization. Copyright 2009 AXA Equitable Life Insurance Company. All rights reserved. EQUI-VEST(R) Vantage(SM) is issued by and is a registered service mark of AXA Equitable Life Insurance Company. Co-distributed by affiliates AXA Advisors, LLC and/or AXA Distributors, LLC, 1290 Avenue of the Americas, New York, NY 10104. AXA Equitable Life Insurance Company 1290 Avenue of the Americas, New York, NY 10104 212-554-1234 3 AXA Equitable Life Insurance Company SUPPLEMENT DATED JANUARY 15, 2009 TO THE CURRENT PROSPECTUS FOR EQUI-VEST(R) TSA ADVANTAGE -------------------------------------------------------------------------------- This Supplement modifies certain information in the above-referenced prospectus, supplements to prospectus and statement of additional information, (together the "Prospectus"). You should read this Supplement in conjunction with the Prospectus and retain it for future reference. Unless otherwise indicated, all other information included in the Prospectus remains unchanged. The terms we use in this Supplement have the same meaning as in the Prospectus. We will send you another copy of any prospectus or supplement without charge upon request. Please contact the customer service center referenced in the Prospectus. The purpose of this Supplement is to provide you with information regarding name, sub-adviser and fee changes to certain Portfolios. Please note the changes described below. CHANGES TO PORTFOLIOS OF AXA PREMIER VIP TRUST AND EQ ADVISORS TRUST ("TRUSTS") 1. PORTFOLIO NAME CHANGES Effective on or about January 15, 2009, the following Portfolio name changes as listed below will occur. Accordingly, all references to their respective corresponding investment options in the Prospectus are also changed. ---------------------------------------------------------------------------- Existing Portfolio Name New Portfolio Name ---------------------------------------------------------------------------- EQ/AllianceBernstein Intermediate EQ/Intermediate Government Bond Index Government Securities ---------------------------------------------------------------------------- EQ/JPMorgan Core Bond EQ/Core Bond Index ---------------------------------------------------------------------------- 2. PORTFOLIO SUB-ADVISER CHANGES Effective on or about January 15, 2009, SSgA Funds Management, Inc. will replace AllianceBernstein, L.P. as the Sub-Adviser to the EQ/Intermediate Government Bond Index Portfolio and JPMorgan Investment Management, Inc. as the Sub-Adviser to the EQ/Core Bond Index Portfolio. Also, SSgA Funds Management, Inc. will be added as a Sub-Adviser to the Portfolios of the AXA Premier VIP Trust listed in the table below. AXA Equitable Life Insurance Company will continue to be the Investment Manager of the Portfolios. See "Portfolios of the Trusts" in your Prospectus for more information. ------------------------------------- AXA Premier VIP Trust ------------------------------------- MULTIMANAGER AGGRESSIVE EQUITY ------------------------------------- MULTIMANAGER CORE BOND ------------------------------------- MULTIMANAGER HEALTH CARE ------------------------------------- MULTIMANAGER HIGH YIELD ------------------------------------- MULTIMANAGER INTERNATIONAL EQUITY ------------------------------------- MULTIMANAGER LARGE CAP CORE EQUITY ------------------------------------- MULTIMANAGER LARGE CAP GROWTH ------------------------------------- MULTIMANAGER LARGE CAP VALUE ------------------------------------- MULTIMANAGER MID CAP GROWTH ------------------------------------- MULTIMANAGER MID CAP VALUE ------------------------------------- MULTIMANAGER SMALL CAP GROWTH ------------------------------------- MULTIMANAGER SMALL CAP VALUE ------------------------------------- MULTIMANAGER TECHNOLOGY ------------------------------------- 3. AMENDMENTS TO EXPENSE LIMITATION ARRANGEMENTS FOR CERTAIN PORTFOLIOS The Board of Trustees of the AXA Premier VIP Trust (the "Trust") recently approved revisions to the Expense Limitation Agreement (the "Agreement") between the Trust and AXA Equitable Life Insurance Company ("AXA Equitable"). The Agreement has been amended to reflect that AXA Equitable has agreed to modify the expense limitation arrangement to include the fees and expenses of the other investment companies in which the AXA Allocation Portfolios invest ("Acquired Fund Fees and Expenses") when calculating its obligations under the Series TSA Adv. NB/IF (AR) x02454 Form # 888-551 (1/09) 142052 (1/09) Agreement to make payments and to waive its management, administrative and other fees so that the AXA Allocation Portfolios' expenses do not exceed the Portfolios' expense limits. As a result of these changes, the current "Net Total Annual Expenses" and "Acquired Fund Fees and Expenses" will be reduced effective on or about January 1, 2009. The Fee Table below reflects the new expenses for the AXA Allocation portfolios that are available under your contract. 4. FEE TABLE The following information is added under "Portfolio operating expenses expressed as an annual percentage of daily net assets" in the Prospectus, replacing the information shown for the Existing Portfolios listed above in the chart in section 1 and other Portfolios that had a reduction in their expenses. (Portfolios whose names are changing are listed below under their new names.) In addition, the Prospectus indicates that a portion of the brokerage commissions of each of Multimanager Aggressive Equity, Multimanager Health Care, Multimanager Large Cap Core Equity, Multimanager Large Cap Growth, Multimanager Large Cap Value, Multimanager Mid Cap Growth, Multimanager Mid Cap Value, Multimanager Small Cap Growth, Multimanager Small Cap Value and Multimanager Technology are used to reduce each of these portfolios' expenses. This statement, as it pertains to these Portfolios, is deleted from the Prospectus.
------------------------------------------------------------------------ Management 12b-1 Other Portfolio Name Fees Fees Expenses ------------------------------------------------------------------------ AXA Premier VIP Trust ------------------------------------------------------------------------ AXA Aggressive Allocation 0.10% 0.25% 0.17% AXA Conservative Allocation 0.10% 0.25% 0.21% AXA Conservative-Plus Allocation 0.10% 0.25% 0.19% AXA Moderate Allocation 0.10% 0.25% 0.17% AXA Moderate-Plus Allocation 0.10% 0.25% 0.17% Multimanager Aggressive Equity 0.59% 0.25% 0.16% Multimanager Core Bond 0.53% 0.25% 0.18% Multimanager Health Care 0.95% 0.25% 0.22% Multimanager High Yield 0.53% 0.25% 0.18% Multimanager International Equity 0.82% 0.25% 0.21% Multimanager Large Cap Core Equity 0.69% 0.25% 0.21% Multimanager Large Cap Growth 0.75% 0.25% 0.24% Multimanager Large Cap Value 0.72% 0.25% 0.20% Multimanager Mid Cap Growth 0.80% 0.25% 0.20% Multimanager Mid Cap Value 0.80% 0.25% 0.19% Multimanager Small Cap Growth 0.85% 0.25% 0.24% Multimanager Small Cap Value 0.85% 0.25% 0.19% Multimanager Technology 0.95% 0.25% 0.22% ------------------------------------------------------------------------ EQ Advisors Trust ------------------------------------------------------------------------ EQ/Intermediate Government Bond Index 0.35% 0.25% 0.14% EQ/Core Bond Index 0.35% 0.25% 0.11% ------------------------------------------------------------------------ --------------------------------------------------------------------------------------------- Acquired Net Total Fund Fees Total Annual Fee Waivers Annual and Expenses and/or Expenses Expenses (Before Expense (After (Underlying Expense Reimburse- Expense Portfolio Name Portfolios) Limitations) ments Limitations) --------------------------------------------------------------------------------------------- AXA Premier VIP Trust --------------------------------------------------------------------------------------------- AXA Aggressive Allocation 0.92% 1.44% (0.19)% 1.25% AXA Conservative Allocation 0.69% 1.25% (0.25)% 1.00% AXA Conservative-Plus Allocation 0.76% 1.30% (0.20)% 1.10% AXA Moderate Allocation 0.82% 1.34% (0.19)% 1.15% AXA Moderate-Plus Allocation 0.86% 1.38% (0.18)% 1.20% Multimanager Aggressive Equity -- 1.00% -- 1.00% Multimanager Core Bond -- 0.96% 0.00% 0.96% Multimanager Health Care -- 1.42% 0.00% 1.42% Multimanager High Yield -- 0.96% -- 0.96% Multimanager International Equity -- 1.28% 0.00% 1.28% Multimanager Large Cap Core Equity -- 1.15% 0.00% 1.15% Multimanager Large Cap Growth -- 1.24% 0.00% 1.24% Multimanager Large Cap Value -- 1.17% 0.00% 1.17% Multimanager Mid Cap Growth -- 1.25% 0.00% 1.25% Multimanager Mid Cap Value -- 1.24% 0.00% 1.24% Multimanager Small Cap Growth -- 1.34% 0.00% 1.34% Multimanager Small Cap Value -- 1.29% 0.00% 1.29% Multimanager Technology 0.01% 1.43% 0.00% 1.43% --------------------------------------------------------------------------------------------- EQ Advisors Trust --------------------------------------------------------------------------------------------- EQ/Intermediate Government Bond Index -- 0.74% -- 0.74% EQ/Core Bond Index -- 0.71% -- 0.71% ---------------------------------------------------------------------------------------------
5. REVISED "EXAMPLE" The following information is added under "Example" in the Prospectus, replacing the information shown for the Existing Portfolios listed above in the chart in section 1 and other Portfolios that had a reduction in their expenses. (Portfolios whose names are changing are listed below under their new names.)
-------------------------------------------------------------------------------------------------------------------------- If you surrender your contract at the If you annuitize at the end of the end of the applicable time period applicable time period(1) -------------------------------------------------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years 1 year 3 years 5 years 10 years -------------------------------------------------------------------------------------------------------------------------- AXA PREMIER VIP TRUST: -------------------------------------------------------------------------------------------------------------------------- AXA Aggressive Allocation $915 $1,680 $2,465 $3,904 N/A $1,680 $2,465 $3,904 AXA Conservative Allocation $896 $1,624 $2,375 $3,726 N/A $1,624 $2,375 $3,726 AXA Conservative-Plus Allocation $901 $1,639 $2,399 $3,773 N/A $1,639 $2,399 $3,773 AXA Moderate Allocation $905 $1,651 $2,418 $3,811 N/A $1,651 $2,418 $3,811 -------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------- If you do not surrender your contract at the end of the applicable time period ---------------------------------------------------------------------------- 1 year 3 years 5 years 10 years ---------------------------------------------------------------------------- AXA PREMIER VIP TRUST: ---------------------------------------------------------------------------- AXA Aggressive Allocation $368 $1,118 $1,888 $3,904 AXA Conservative Allocation $348 $1,059 $1,793 $3,726 AXA Conservative-Plus Allocation $353 $1,075 $1,818 $3,773 AXA Moderate Allocation $357 $1,087 $1,838 $3,811 ----------------------------------------------------------------------------
2
------------------------------------------------------------------------------------------------------------------------------- If you surrender your contract at the If you annuitize at the end of the end of the applicable time period applicable time period(1) ------------------------------------------------------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years 1 year 3 years 5 years 10 years ------------------------------------------------------------------------------------------------------------------------------- AXA PREMIER VIP TRUST: ------------------------------------------------------------------------------------------------------------------------------- AXA Moderate-Plus Allocation $909 $1,662 $2,436 $3,848 N/A $1,662 $2,436 $3,848 Multimanager Aggressive Equity $871 $1,552 $2,257 $3,488 N/A $1,552 $2,257 $3,488 Multimanager Core Bond $867 $1,540 $2,237 $3,447 N/A $1,540 $2,237 $3,447 Multimanager Health Care $913 $1,674 $2,455 $3,885 N/A $1,674 $2,455 $3,885 Multimanager High Yield $867 $1,540 $2,238 $3,449 N/A $1,540 $2,238 $3,449 Multimanager International Equity $899 $1,633 $2,389 $3,754 N/A $1,633 $2,389 $3,754 Multimanager Large Cap Core Equity $886 $1,595 $2,328 $3,631 N/A $1,595 $2,328 $3,631 Multimanager Large Cap Growth $895 $1,621 $2,370 $3,716 N/A $1,621 $2,370 $3,716 Multimanager Large Cap Value $888 $1,602 $2,338 $3,652 N/A $1,602 $2,338 $3,652 Multimanager Mid Cap Growth $896 $1,624 $2,375 $3,726 N/A $1,624 $2,375 $3,726 Multimanager Mid Cap Value $895 $1,621 $2,370 $3,716 N/A $1,621 $2,370 $3,716 Multimanager Small Cap Growth $905 $1,651 $2,418 $3,811 N/A $1,651 $2,418 $3,811 Multimanager Small Cap Value $900 $1,636 $2,394 $3,764 N/A $1,636 $2,394 $3,764 Multimanager Technology $914 $1,677 $2,460 $3,895 N/A $1,677 $2,460 $3,895 ------------------------------------------------------------------------------------------------------------------------------- EQ ADVISORS TRUST: ------------------------------------------------------------------------------------------------------------------------------- EQ/Core Bond Index $842 $1,466 $2,116 $3,201 N/A $1,466 $2,116 $3,201 EQ/Intermediate Government Bond Index $845 $1,474 $2,129 $3,226 N/A $1,474 $2,129 $3,226 ------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------- If you do not surrender your contract at the end of the applicable time period ---------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years ---------------------------------------------------------------------------------- AXA PREMIER VIP TRUST: ---------------------------------------------------------------------------------- AXA Moderate-Plus Allocation $361 $1,099 $1,858 $3,848 Multimanager Aggressive Equity $322 $ 983 $1,667 $3,488 Multimanager Core Bond $317 $ 970 $1,646 $3,447 Multimanager Health Care $366 $1,112 $1,878 $3,885 Multimanager High Yield $318 $ 970 $1,647 $3,449 Multimanager International Equity $351 $1,069 $1,808 $3,754 Multimanager Large Cap Core Equity $337 $1,028 $1,742 $3,631 Multimanager Large Cap Growth $347 $1,056 $1,788 $3,716 Multimanager Large Cap Value $340 $1,035 $1,753 $3,652 Multimanager Mid Cap Growth $348 $1,059 $1,793 $3,726 Multimanager Mid Cap Value $347 $1,056 $1,788 $3,716 Multimanager Small Cap Growth $357 $1,087 $1,838 $3,811 Multimanager Small Cap Value $352 $1,072 $1,813 $3,764 Multimanager Technology $367 $1,115 $1,883 $3,895 ---------------------------------------------------------------------------------- EQ ADVISORS TRUST: ---------------------------------------------------------------------------------- EQ/Core Bond Index $291 $ 892 $1,518 $3,201 EQ/Intermediate Government Bond Index $294 $ 900 $1,531 $3,226 ----------------------------------------------------------------------------------
(1) Please see "When withdrawal charges do not apply" in "Charges and expenses" in the prospectus for more information on withdrawal charge waivers upon annuitization. Copyright 2009 AXA Equitable Life Insurance Company. All rights reserved. EQUI-VEST(R) is issued by and is a registered service mark of AXA Equitable Life Insurance Company. Co-distributed by affiliates AXA Advisors, LLC and/or AXA Distributors, LLC, 1290 Avenue of the Americas, New York, NY 10104. AXA Equitable Life Insurance Company 1290 Avenue of the Americas, New York, NY 10104 212-554-1234 3 AXA Equitable Life Insurance Company SUPPLEMENT DATED JANUARY 15, 2009 TO THE CURRENT PROSPECTUS AND PROSPECTUS SUPPLEMENT FOR EQUI-VEST(R) VANTAGE(SM) ADDITIONAL CONTRIBUTIONS TAX-SHELTERED (ACTS) PROGRAM -------------------------------------------------------------------------------- This Supplement updates certain information in the most recent prospectus, supplement to prospectus and statement of additional information you received and in any supplements to that prospectus and statement of additional information (together, the "Prospectus"). You should read this Supplement in conjunction with the Prospectus and retain it for future reference. Unless otherwise indicated, all other information included in the Prospectus remains unchanged. The terms and section headings we use in this Supplement have the same meaning as in the Prospectus. We will send you another copy of any prospectus or supplement without charge upon request. Please contact the customer service group referenced in the Prospectus. The purpose of this Supplement is to provide you with information regarding name, sub-adviser and fee changes to certain Portfolios. Please note the changes described below. 1. PORTFOLIO NAME AND SUB-ADVISER CHANGE Effective on or about January 15, 2009, the EQ/JPMorgan Core Bond Portfolio will be renamed. The new name of the portfolio will be EQ/Core Bond Index Portfolio. Accordingly, all references to its corresponding investment option in the Prospectus are also changed. Also, SSgA Funds Management, Inc. will be added as a Sub-Adviser of the Portfolio. 2. AMENDMENTS TO EXPENSE LIMITATION ARRANGEMENTS FOR CERTAIN PORTFOLIOS The Board of Trustees of the AXA Premier VIP Trust (the "Trust") recently approved revisions to the Expense Limitation Agreement (the "Agreement") between the Trust and AXA Equitable Life Insurance Company ("AXA Equitable"). The Agreement has been amended to reflect that AXA Equitable has agreed to modify the expense limitation arrangement to include the fees and expenses of the other investment companies in which the AXA Allocation Portfolios invest ("Acquired Fund Fees and Expenses") when calculating its obligations under the Agreement to make payments and to waive its management, administrative and other fees so that the AXA Allocation Portfolios' expenses do not exceed the Portfolios' expense limits. As a result of these changes, the current "Net Total Annual Expenses" and "Acquired Fund Fees and Expenses" will be reduced effective on or about January 1, 2009. The Fee Table below reflects the new expenses for the AXA Allocation portfolios that are available under your contract. 3. FEE TABLE The following information is added under "Portfolio operating expenses expressed as an annual percentage of daily net assets" in the Prospectus, replacing the information shown for the AXA Moderate Allocation and EQ/Core Bond Index Portfolios.
------------------------------------------------------------------------------------------------------------------------------ Acquired Total Annual Fee Waivers Net Total Fund Fees Expenses and/or Annual and Expenses (Before Expense Expenses Management 12b-1 Other (Underlying Expense Reimburse- (After Expense Portfolio Name Fees Fees Expenses Portfolios) Limitations) ments Limitations) ------------------------------------------------------------------------------------------------------------------------------ AXA Premier VIP Trust ------------------------------------------------------------------------------------------------------------------------------ AXA Moderate Allocation 0.10% 0.25% 0.17% 0.82% 1.34% (0.19)% 1.15% ------------------------------------------------------------------------------------------------------------------------------ EQ Advisors Trust: ------------------------------------------------------------------------------------------------------------------------------ EQ/Core Bond Index 0.35% 0.25% 0.11% -- 0.71% -- 0.71% ------------------------------------------------------------------------------------------------------------------------------
888-552 (1/09) Catalog No. 142053 (1/09) NB/IF (AR) x02470 4. REVISED "EXAMPLE" The following information is added under "Example" in the Prospectus, replacing the information shown for the AXA Moderate Allocation and EQ/Core Bond Index Portfolios.
--------------------------------------------------------------------------------------------------------------- If you surrender or do not surrender your If you annuitize at the end of the contract at applicable time period the end of the applicable time period --------------------------------------------------------------------------------------- 1 year 3 years 5 years 10 years 1 year 3 years 5 years 10 years --------------------------------------------------------------------------------------------------------------- AXA PREMIER VIP TRUST --------------------------------------------------------------------------------------------------------------- AXA Moderate Allocation N/A $1,011 $1,484 $2,790 $214 $661 $1,134 $2,440 --------------------------------------------------------------------------------------------------------------- EQ ADVISORS TRUST: --------------------------------------------------------------------------------------------------------------- EQ/Core Bond Index N/A $ 810 $1,144 $2,088 $148 $460 $ 794 $1,738 ---------------------------------------------------------------------------------------------------------------
EQUI-VEST(R) is issued by and is a registered service mark of AXA Equitable Life Insurance Company. Co-distributed by affiliates AXA Advisors, LLC and AXA Distributors, LLC, 1290 Avenue of the Americas, New York, NY 10104. Copyright 2009 AXA Equitable Life Insurance Company. All rights reserved. AXA Equitable Life Insurance Company 1290 Avenue of the Americas New York, NY 10104 212-554-1234 2