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Form 497 EQ PREMIER VIP TRUST

August 12, 2022 10:39 AM EDT

EQ PREMIER VIP TRUST

 

EQ/Aggressive Allocation Portfolio

EQ/Conservative Allocation Portfolio

EQ/Conservative-Plus Allocation Portfolio

EQ/Moderate Allocation Portfolio

EQ/Moderate-Plus Allocation Portfolio

 

SUPPLEMENT DATED AUGUST 12, 2022 TO THE PROSPECTUS DATED MAY 1, 2022

 

 

 

This Supplement updates certain information contained in the Prospectus dated May 1, 2022, of EQ Premier VIP Trust (“Trust”). You should read this Supplement in conjunction with the Prospectus and retain it for future reference. You may obtain this document, free of charge, by writing to the Trust at 1290 Avenue of the Americas, New York, New York 10104, or you can view, print, and download the document at the Trust’s website at www.equitable-funds.com.

 

The purpose of this supplement is to provide you with information regarding certain lower breakpoint levels and fee rates in the contractual advisory fee rate schedule applicable to the EQ Allocation Portfolios, effective October 1, 2022.

 

Effective October 1, 2022, the section of the Prospectus entitled “Management of the Trust — Advisory Fees” is amended to add the following information:

 

Effective October 1, 2022, the contractual rate of the advisory fee (as a percentage of a Portfolio’s average daily net assets) payable by each EQ Allocation Portfolio changed to the contractual fee rate shown in the following table.

 

Portfolios   

First

$1 Billion

   

Next

$1 Billion

   

Next

$3 Billion

   

Next

$4 Billion

   

Next

$3 Billion

    Thereafter  

EQ/Conservative Allocation Portfolio

     0.100     0.0925     0.0900     0.0875     0.0825     0.0800

EQ/Conservative-Plus Allocation Portfolio

     0.100     0.0925     0.0900     0.0875     0.0825     0.0800

EQ/Moderate Allocation Portfolio

     0.100     0.0925     0.0900     0.0875     0.0825     0.0800

EQ/Moderate-Plus Allocation Portfolio

     0.100     0.0925     0.0900     0.0875     0.0825     0.0800

EQ/Aggressive Allocation Portfolio

     0.100     0.0925     0.0900     0.0875     0.0825     0.0800

 

956330    


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