MONY Variable Account A has announced the liquidation of the ProFund VP Bear Portfolio, which will take effect on April 23, 2027. This decision is significant for holders of variable annuity contracts, as it alters the investment landscape for these products.

MONY Variable Account A is an investment entity based in Tennessee, affiliated with Protective Life Insurance Company. The company primarily offers variable annuity contracts, which allow clients to invest in various subaccounts. The recent filing, dated November 2, 2026, highlights the upcoming changes to the investment options available to its clients.

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." This means that the ProFund VP Bear Portfolio will no longer be available as a subaccount under the variable annuity contracts. Investors will have until April 12, 2027, to purchase new shares in the fund, and they can continue to reinvest dividends until April 16, 2027.

This change may affect existing investors who currently have allocations in the ProFund VP Bear Portfolio Sub-Account, as their fund value will be automatically transferred to the EQ/Money Market Portfolio subaccount on the liquidation date. The filing emphasizes that any requests to allocate or transfer funds to the ProFund VP Bear Portfolio after the liquidation date will instead be directed to the Money Market Sub-Account.

Looking ahead, the filing does not specify any further actions or additional filings related to this liquidation. However, investors are encouraged to review their current allocations and consider adjustments before the liquidation date.