EX-99.17.XXX 25 e25801a2exv99w17wxxx.htm EX-99.17.XXX: SUPPLEMENT EX-99.17.XXX
 

Exhibit 17(xxx)
AXA ENTERPRISE MULTIMANAGER FUNDS TRUST
SUPPLEMENT DATED JUNE 15, 2006 TO THE
PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION DATED MARCH 1, 2006
This Supplement updates the above-referenced Prospectus and Statement of Additional Information (“SAI”) of the AXA Enterprise Multimanager Funds Trust (the “Trust”). You may obtain an additional copy of the Prospectus and SAI, free of charge, by writing to the Trust’s distributor, Enterprise Fund Distributors, Inc., at Atlanta Financial Center, 3343 Peachtree Road, N.E., Suite 450, Atlanta, Georgia 30326. You should read this Supplement in conjunction with the Prospectus and SAI and retain it for future reference.
The purpose of this supplement is to provide you with information about the addition of a portfolio manager for the AXA Enterprise Multimanager Value Fund (the “Fund”).
* * * * *
Information Regarding AXA Enterprise Multimanager Value Fund
The information provided below updates information regarding the AXA Enterprise Multimanager Value Fund and should replace, in its entirety, information contained in the chart located in the section entitled “Management Team-The Manager and the Sub-advisers”:
     
Institutional Capital Corporation
225 West Wacker Drive
Suite 2400
Chicago, IL 60606

Portfolio Managers
Robert H. Lyon
Jerrold K. Senser
  Robert H. Lyon and Jerrold K. Senser are primarily responsible for the day-to-day management of the fund. Mr. Lyon has been President and Chief Investment Officer of ICAP since 1992. Mr. Senser is Executive Vice President and Co-Chief Investment Officer of ICAP. Mr. Senser joined ICAP in 1986 and has had portfolio management responsibilities since that time.
The following information updates information contained in Appendix B to the SAI under the section titled “Institutional Capital Corporation — Ownership of Securities” and in the chart identifying other accounts managed by the portfolio Manager:
                                                                         
AXA ENTERPRISE MULTIMANAGER VALUE FUND
    Presented below for each portfolio manager is the number    
    of other accounts of the Adviser managed by the portfolio   Presented below for each of the categories is the number of
    manager and the total assets in the accounts managed   accounts and the total assts in the accounts with respect to
    within each category as of October 31, 2005.   which the advisory fee is based on the performance of the account
    Registered   Other Pooled               Registered   Other Pooled    
    Investment   Investment               Investment   Investment    
    Companies   Vehicles   Other Accounts   Companies   Vehicles   Other Accounts
    # of   Total   # of   Total   # of   Total   # of   Total   # of   Total   # of   Total
Portfolio Manager   Accounts   Assets   Accounts   Assets   Accounts   Assets   Accounts   assets   Accounts   Assets   Accounts   Assets
    Institutional Capital Corporation
Robert H. Lyon
    17     $4.8     0     N/A     148     $8.1     0     N/A     0     N/A     9     $628.6
Jerrold K. Senser
          Billion                       Billion                                   Million
Ownership of Securities
                             
        $1-   $10,001-   $50,001-   $100,001-   $500,001-   over
Portfolio Manager   None   $10,000   $50,000   $100,000   $500,000   $1,000,000   $1,000,000
Robert H. Lyon
  X                        
Jerrold K. Senser
  X