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, marks a significant change for investors currently holding this subaccount under their variable annuity contracts. The liquidation will require affected investors to consider alternative investment options.

The announcement is relevant as it reflects ongoing adjustments within the investment industry, particularly regarding variable annuity offerings. As companies adapt to market conditions, competitors may need to reassess their strategies to retain clients and attract new investments.

Background

Equitable America Variable Account A operates under Equitable Financial Life Insurance Company of America, focusing on investment products. The company is incorporated in Arizona and files under the SEC with the Central Index Key (CIK) number 0000814378. Recent filings include multiple 497 forms, with the latest being filed on November 2, 2026.

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." This indicates that the subaccount associated with the Fund will also be liquidated, and it will no longer be available for new purchases after April 12, 2027.

Impact

This change may affect investors who currently allocate funds to the ProFund VP Bear Portfolio Sub-Account. As of the liquidation date, any funds remaining in this subaccount will be automatically transferred to the EQ/Money Market Portfolio subaccount. Investors will receive confirmation statements detailing these transfers.

What's Next

Following the liquidation, investors will have the opportunity to transfer their Fund Value among available subaccounts without incurring transfer fees until the liquidation date. The filing does not specify what happens next beyond the liquidation process.