Investment Perspectives - Diversifying with non-correlated assets

AXA US

Description

Who Tap into some of the industry’s premier managers, including: When Now is the time to speak with your financial professional to discover the power of Investment EdgeSM. Or visit our Web site InvestmentEdge.com. Important Information for the Correlation Chart Sources: AXA Equitable Funds Management Group LLC and Morningstar Inc. Past correlations are no guarantee of future correlations. Representative Indexes: Absolute Return: BofAML 3M US Treasury Note TR USD; Commodities: S&P GSCI TR; Convertible Bonds: BofAML Covered Calls: CBOE S&P 500 Buywrite BXM; Global Infrastructure: S&P Global Property TR USD; Index of leading global property companies; Global/Listed Private Equity: Red Rocks Global Listed Private Equity TR USD; Managed Futures : DJ Credit Suisse Managed Futures USD; Merger Arbitrage: Morningstar MSCI Merger Arbitrage; Natural Resources: S&P North American Natural Resources TR; Precious Metals: S&P GSCI Precious Metal TR; US Bonds: Barclays US Agg Bond TR USD; US Stocks: S&P 500 TR USD; Currency: DB G10 Currency Future Harvest TR; Long/Short Credit: Greenwich Global HF Long Short Credit. Please see the prospectus for index definitions and specific investment risk information. Important Information for the Diversification Chart Representative Indices: Bonds: Barclays US Aggregate Bond, REIT: FTSE NAREIT All Equity REITs. Commodity: Morningstar Long-Only Commodity.

TIPs: Morningstar TIPs. International: MSCI EAFE. Small Cap: Russell 2000.

Large Cap: S&P 500. Please see the prospectus for index definitions and specific investment risk information. Specific Investment Risks: Stock investments are subject to market risk including loss of principal. Bond investments are subject to interest rate risk so that when interest rates rise, the prices of bonds can decrease and the investor can lose principal value.

Stocks of small companies may have less liquidity that those of larger companies and may be subject to greater price volatility than the overall stock market. International securities carry additional risks including currency exchange fluctuation and different government regulations, economic conditions or accounting standards. Concentrating assets in the real estate sector or REITs may disproportionately subject the portfolio to the risks of that industry, including loss of value because of changes in real estate values, interest rates, and taxes, as well as changes in zoning, building, environmental, and other laws, among other factors.

Investments in commodity-related instruments are subject to risk that the performance of the overall commodities market declines and that weather, disease, political, tax, and other regulatory developments adversely impact the value of commodities, which may result in a loss of principal and interest. Investments in U.S government obligations are subject to varying levels of government support. Correlation is a statistical measure of how two assets move in relation to each other. Low correlation suggests that two assets are less likely to move in the same direction in terms of performance. This brochure is not a complete description of all material provisions of the variable annuity contract.

This brochure must be preceded or accompanied by a current prospectus and any applicable supplements. The prospectus contains more complete information, including investment objectives, risks, charges, expenses, limitations and restrictions. There are certain contract limitations and restrictions associated with an Investment EdgeSM contract. For costs and complete details of coverage, speak to your financial professional/insurance licensed registered representative.

Certain types of contracts, features and benefits may not be available in all jurisdictions. AXA Equitable offers other variable annuity contracts with different fees, charges and features. This brochure was prepared to support the promotion and marketing of AXA Equitable variable annuities. AXA Equitable, its distributors and their respective representatives do not provide tax, accounting or legal advice.

Any tax statements contained herein were not intended or written to be used, and cannot be used, for the purpose of avoiding U.S. federal, state or local tax penalties. Please consult your own independent advisors as to any tax, accounting or legal statements made herein. Not every contract is available through the same selling broker/dealer. “AXA” is the brand name of AXA Equitable Financial Services, LLC and its family of companies, including AXA Equitable Life Insurance Company (NY, NY), MONY Life Insurance Company of America (AZ stock company, administrative office: NY, NY), AXA Advisors, LLC, and AXA Distributors, LLC.

AXA S.A. is a French holding company for a group of international insurance and financial services companies, including AXA Equitable Financial Services, LLC. This brand name change does not change the legal name of any of the AXA Equitable Financial Services, LLC companies.

The obligations of AXA Equitable Life Insurance Company and MONY Life Insurance Company of America are backed solely by their claims-paying ability. Investment EdgeSM (November 2013 version) is issued by AXA Equitable Life insurance Company, New York, NY and is co-distributed by affiliates, AXA Advisors, LLC and AXA Distributors, LLC. AXA Equitable, AXA Advisors, AXA Distributors do not provide legal or tax advice. Contract Form #ICC13IEBASE1, ICC13IEBASE2 and any state variations. GE-89666 (12/13) (Exp. 12/15) For more information on how Investment EdgeSM could help you, contact your financial professional today G33059 Cat.

#152598 (4/14) .