AXA Premier VIP's Multimanager Core Bond Portfolio drops Marra

By Toni Weeks

San Diego, Dec. 7 - AXA Premier VIP Trust announced in a 497 filing with the Securities and Exchange Commission that Matthew Marra is no longer a portfolio manager of the Multimanager Core Bond Portfolio.

Brian Weinstein and Bob Miller will remain as portfolio managers to the fund.

The fund invests at least 80% of its net assets, plus borrowings for investment purposes, in investment-grade bonds via three or more subadvisers. Marra was a manager of the portion of the portfolio managed by BlackRock Financial Management, Inc.

New York-based AXA Equitable Funds Management Group, LLC, or FMG LLC, is the fund's investment adviser.

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