Equitable America Variable Account A of Equitable Financial Life Insurance Company of America has announced the liquidation of the ProFund VP Bear Portfolio. This decision, effective April 23, 2027, is significant for investors holding variable annuity contracts associated with this fund.

The liquidation reflects ongoing adjustments in the investment landscape, which may influence similar funds in the industry. Investors are advised to review their options and make necessary adjustments before the liquidation date.

Background

Equitable America Variable Account A is an investment entity incorporated in Arizona. The company primarily deals with variable annuity contracts, as indicated in its SEC filings. The recent filing, dated November 2, 2026, is a supplement to the prospectus for MONY Variable Annuity contracts, originally dated May 1, 2012.

What the Filing Says

The filing states, "The Board of Trustees of ProFunds approved a plan to liquidate and terminate the ProFund VP Bear Portfolio on or about April 23, 2027." Following the liquidation, the ProFund VP Bear Portfolio Sub-Account will also be liquidated, and effective April 12, 2027, the Fund will not accept purchases of new shares.

Impact

This change will affect investors who have allocated funds to the ProFund VP Bear Portfolio Sub-Account. As of the liquidation date, any Fund Value allocated to this sub-account will be automatically transferred to the EQ/Money Market Portfolio subaccount. Investors will receive confirmation statements detailing the transfer.

What's Next

Investors are encouraged to make any necessary transfers from the ProFund VP Bear Portfolio to other available subaccounts before the liquidation date. The filing does not specify any further actions required beyond the liquidation process.