Mony Variable Account A has announced the liquidation of the ProFund VP Bear Portfolio, a significant change for investors holding variable annuity contracts.

The Board of Trustees of ProFunds approved the plan, which will take effect on April 23, 2027. As of that date, the ProFund VP Bear Portfolio will no longer be available as a subaccount under the variable annuity contracts.

This decision means that any fund value allocated to the ProFund VP Bear Portfolio Sub-Account will be automatically transferred to the EQ/Money Market Portfolio subaccount on the liquidation date. Shareholders will still have the opportunity to reinvest dividends and distributions until April 16, 2027.

Investors are encouraged to review their allocations and consider their options, as the liquidation may affect their investment strategies. The filing emphasizes that there are currently no transfer fees or limits on the number of transfers among subaccounts, allowing for flexibility during this transition.

For further assistance, investors can contact Protective Life Insurance Company, which manages the MONY Variable Account A, at 1-800-487-6669 or visit their website for more information.

This announcement is part of a broader trend in the investment landscape, particularly within the variable annuity sector, as companies adapt to changing market conditions. Investors should stay informed about these developments to make the best decisions regarding their financial futures.

Details were not available in the SEC filing regarding any future filings or actions following this announcement.