Alliance Bernstein Select Absolute Alpha Portfolio

Investment Objective

The Portfolio’s investment objective is long-term growth of capital. Its investment universe is primarily composed of large and mid-cap U.S. stock investment opportunities and potential short-sale candidates. The team’s process includes the flexibility to adjust the Portfolio based on evolving market opportunities – including reducing its net exposure when market risk is excessive.

Reference Index

S&P 500

Performance

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC YTD
2023 0.6 1.0 0.8 0.6 0.6 0.1 0.4 0.8 0.6 0.9 0.9 0.4 0.2
2022 0.3 0.7 0.4 0.7 0.0 0.3 0.2 0.7 0.8 0.3 0.8 0.3 0.4

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