AllianceBernstein L.P. (AllianceBernstein) is a research-driven organization that is global in scope and client-focused in its mission. It delivers to clients around the world preeminent investment services in key asset classes: Bernstein Value Equities, Alliance Growth Equities, AllianceBernstein Blend Strategies and AllianceBernstein Fixed Income. Our depth of research, worldwide presence and breadth of services allow us to offer a full array of investment products, traditional and alternative, global and local, in every major market.

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AllianceBernstein VPS Balanced Wealth Strategy Portfolio
AllianceBernstein VPS International Growth Portfolio
AllianceBernstein VPS International Value Portfolio
AllianceBernstein VPS Wealth Appreciation Strategy Portfolio



The portfolios listed contain different investments than similarly named mutual funds offered by the money manager. Investment results may be higher or lower. Stocks offer the potential for long-term gains but can be subject to short-term up and down price movements. Bond prices generally move in the opposite direction from interest rates. Thus, as the prices of bonds in a fund adjust to a rise in interest rates, a fund's share price may decline. The investment objectives and policies of certain funds may be similar to those of other funds managed by the same investment advisor. No representation is made, and there can be no assurance given, that any fund's investment results will be comparable to the investment results of any other fund, including another fund with the same investment advisor or manager. The fund's investment results may be expected to differ and may be higher or lower than the investment results of such other fund. Differences in portfolio size, investment holdings, contract and fund expenses, and other factors are all expected to contribute to differences in fund performance.

SLPC 18502 (03/08) (Exp. 03/09)


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