Equitable America Variable Account A of Equitable Financial Life Insurance Co of America has announced the liquidation of the ProFund VP Bear Portfolio, effective April 23, 2027. This decision is significant for investors holding variable annuity contracts as it alters their investment options.

The company, based in Jersey City, New Jersey, operates under the investment sector, focusing on variable annuity products. The recent filing, dated November 2, 2026, is part of a series of updates regarding investment options available to its clients.

According to the filing, "The Board of Trustees of ProFunds approved a plan to liquidate and terminate the ProFund VP Bear Portfolio." This portfolio will no longer be available as a subaccount under the variable annuity contracts. Effective April 12, 2027, the fund will stop accepting new share purchases, and shareholders can only reinvest dividends until April 16, 2027.

This change may affect a range of investors who have allocated funds to the ProFund VP Bear Portfolio. As the fund approaches its liquidation date, investors will automatically have their fund values transferred to the EQ/Money Market Portfolio sub-account. This automatic transfer is designed to ensure that investors do not experience a lapse in their investment management.

The filing does not specify what actions Equitable America will take following the liquidation or if there will be any further updates regarding other investment options. Investors are encouraged to review their allocations and consult with their financial representatives to make informed decisions as the liquidation date approaches.