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AB Security of the Future Portfolio

Strategy

Seeking to realise attractive investment returns through:

  • Selecting US equity securities that offer future security-related products or services and align with one or more of the following “Security of the Future” themes:

    • Energy Transition and Security theme: improving and/or securing power supplies
    • Supply Chain Security theme: improving consumer access to goods and/or increasing supply chain reliability
    • Defence and Cyber Security theme: safeguarding infrastructure and/or data globally

  • Companies will be assessed for inclusion based on global revenues aligned with these themes. Please note these themes may evolve over time based on our research.

Portfolio Management Team

27 Years at AB
34 Years of Experience
6 Years at AB
14 Years of Experience

Pricing & Performance

  1. Annual Performance
  2. Calendar Year Performance
  3. Growth of Investment
  4. Pricing

The Fund is not managed to target or exceed the performance of any specific benchmark, nor are investment decisions constrained by any benchmark. However, investors can assess the performance of the Fund against index shown.

The display above shows the performance based on total return net of management fees, but does not reflect sales charges or the effect of taxes. The figures therefore do not reflect the actual return to an investor.

Fees & Expenses

Ongoing Sales Charges Table
Management Fee0.65%
Additional Fees--
Total Expenses0.81%
Max Sales ChargeUp to 1.50%
Contingent Deferred Sales Charge (CDSC)--

The charges paid by the Fund are used to pay the costs for running the Fund, including the costs of marketing and distributing it. These charges reduce the potential return of your investment.  For a complete description and full details of the applicable costs and charges, please refer to the Fund’s Prospectus.

The Management Fee is an annual fee paid to the management company to which the management of the Fund has been delegated. Out of this fee, the management company pays the investment management fee to the Investment Manager but also may pay other service providers.

The Performance Fee (if any) is paid to the Investment Manager under certain specific conditions.

The Ongoing Charges are charges taken from the Fund over a year based on expenses for the year. This figure may vary from year to year. It excludes performance fees (if any), portfolio transaction costs, except in the case of an entry/exit charge paid by the Fund, when buying or selling units in another collective investment undertaking. The Ongoing Charges figure can help you compare the annual operating expenses of different funds.

The Entry and Exit Charges shown are maximum figures and are one-off charges taken before or after you invest in the Fund. 

Portfolio Composition

As of 31/08/2025

Holdings are subject to change without notice.

Portfolio Statistics

Total Number of Holdings40
Active Share94%
Net Assets$334.29 million

Country Allocation

United States96.32%
Germany2.13%
Canada1.55%

Sector Allocation

Industrials47.68%
Information Technology13.29%
Materials10.63%
Energy7.04%
Utilities6.12%
Real Estate4.97%
Health Care3.36%
Financials2.06%
Consumer Discretionary1.92%
Other2.93%

Top Ten Holdings

Eaton Corp. PLC5.73%
RTX Corp.4.43%
United Rentals, Inc.4.08%
Deere & Co.3.92%
GE Vernova, Inc.3.67%
Lam Research Corp.3.40%
Thermo Fisher Scientific3.36%
Caterpillar, Inc.3.36%
COPT Defense Properties3.03%
Baker Hughes Co.2.94%
Total37.92%

Complete Portfolio of Holdings

Holdings are subject to change without notice.

Investment Risks to Consider

These and other risks are described in the Fund’s prospectus

Investment returns and principal value of the Fund will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Some of the principal risks of investing in the Fund include:

  • Convertible securities risk
  • Concentration risk
  • Counterparty and custody risk
  • Currency risk
  • Depositary receipts risk
  • Derivatives risk
  • Emerging-markets risk
  • Equity securities risk
  • Hedging risk
  • Leverage risk
  • Liquidity risk
  • Market risk
  • Operational (including safekeeping of assets) risk
  • Real estate investment trust (REIT) risk
  • Securities lending risk
  • Small/mid-cap equities risk
  • Sustainability risk

Fund Literature

AllianceBernstein provides its investment management services in Canada through its affiliates Sanford C. Bernstein & Co. LLC and AllianceBernstein Canada, Inc. Shares of the AllianceBernstein Luxembourg funds described herein are not registered in Canada for public sale to Canadian resident investors. 

© 2025 AllianceBernstein L.P.