AB VPS Large Cap Growth Portfolio
Overview
Seeks long-term growth of capital by investing in primarily large-cap US stocks
About this Strategy
- Seeks growth potential from a high-conviction, concentrated portfolio
- Uses bottom-up research to identify companies with the ability to deliver persistent growth
- Led by a team with extensive experience managing US equity portfolios
Investment Approach
- Large-cap US stocks, but may invest in non-US securities
- Normally holds 50-70 stocks
Net expense ratio, if applicable, reflects the contractual waiver of a portion of the Advisor’s fee and/or reimbursement of a portion of the Fund’s operating expenses. This waiver and/or reimbursement extends through a particular date, as specified in the Fund’s current prospectus, and may be further extended or terminated by the Advisor, as set forth in the prospectus. Absent waivers and/or reimbursements, performance would have been lower.
For more information on sales charges and expenses visit Understanding Sales Charges & Expenses.
Meet the Team
Continue to take intelligent risks. If you’re not constantly trying to think about ways to deliver for clients in a unique way, you can’t survive.
Vinay Thapar, CFA—Co-Chief Investment Officer and Senior Research Analyst—US Growth Equities
Pricing & Performance
The performance shown represents past performance and does not guarantee future results. Current performance may be lower or higher than the performance information shown. The investment return and principal value of an investment in the Portfolio will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost. Performance assumes reinvestment of distributions and does not account for taxes.
Investors should consider the investment objectives, risks, charges and expenses of the Fund/Portfolio carefully before investing. For copies of our prospectus or summary prospectus, which contain this and other information, visit our Literature Center or contact your AB representative. Please read the prospectus and/or summary prospectus carefully before investing.
If applicable, please keep in mind that high, double-digit returns are highly unusual and cannot be sustained. Investors should also be aware that these returns were primarily achieved during favorable market conditions. The net asset value (NAV) price is the value of one share of the Portfolio as of the date listed. The NAV does not take into account any initial sales charges that may apply when shares are purchased or redemption charges when shares are sold; if these sales charges were reflected, the Portfolio’s quoted performance would be lower. The NAV change is the change in value of one share of the Portfolio from the prior day’s value.
Holdings & Characteristics
See the most recent fact sheet, shareholder report or prospectus for portfolio holdings and characteristics.
Complete Portfolio Holdings
Holdings and characteristics shown include underlying investments of pooled vehicles. Holdings are subject to change without notice.
The Fund’s/Portfolio’s holdings (including derivatives) are expressed as a percentage of total investments and may vary over time. They are provided for informational purposes only and should not be deemed as a recommendation to buy or sell the securities mentioned.
Literature
Additional Information
Investment Definitions
Alpha is the risk-adjusted measurement of "excess return" over a benchmark. Beta is a measure of an investment’s volatility in comparison to the market as a whole. Duration is a measure of the sensitivity of an asset or portfolio’s price to interest rate movements. Information ratio is a measurement of portfolio returns beyond the returns of a benchmark, compared to the volatility of those returns. R-squared is the percentage of a portfolio’s price movements that can be explained by movements in a benchmark index. Sharpe ratio is a measure of the fund’s return relative to the investment risk it has taken. A higher Sharpe ratio means the fund’s returns have been better given the level of risk the fund has taken. Standard deviation is a measure of the dispersion of a portfolio’s return from its mean. Tracking error is the difference in actual performance between a portfolio and its corresponding benchmark. Up capture measures the percentage of market gains captured when markets are up. Down capture measures the percentage of market losses endured when markets are down.
Risks To Consider
-
Focused Portfolio Risk: Portfolios that hold a smaller number of securities may be more volatile than more diversified portfolios, since gains or losses from each security will have a greater impact on the portfolio’s overall value.
-
Foreign (Non-U.S.) Investment Risk: Investments in securities of non-U.S. issuers may involve more risk than those of U.S. issuers. These securities may fluctuate more widely in price and may be more difficult to trade than domestic securities due to adverse market, economic, political, regulatory, or other factors.
-
Market Risk: The market values of the portfolio’s holdings rise and fall from day to day, so investments may lose value.
-
Sector/Industry Risk: Investing a substantial amount of assets in fewer economic sectors may be more volatile than more diversified strategies. Economic or market conditions affecting a particular sector could have a major impact on the portfolio's value.
-
Investors should consider the investment objectives, risks, charges and expenses of the Fund/Portfolio carefully before investing. For copies of our prospectus or summary prospectus, which contain this and other information, visit our Literature Center or contact your AB representative. Please read the prospectus and/or summary prospectus carefully before investing.
AllianceBernstein Investments, Inc. (ABI) is the distributor of the AB family of mutual funds. ABI is a member of FINRA and is an affiliate of AllianceBernstein L.P., the manager of the funds.
AB mutual funds may be offered only to persons in the United States and by way of a prospectus. This website should not be considered a solicitation or offering of any investment products or services to investors residing outside of the United States.
Investment Products Offered: Are Not FDIC Insured | May Lose Value | Are Not Bank Guaranteed
The [A/B] logo and AllianceBernstein® are registered trademarks used by permission of the owner, AllianceBernstein L.P.
-
IMPORTANT: The investment portfolios within AllianceBernstein Variable Products Series Fund, Inc. are not available for direct investment. These portfolios serve as the funding vehicles for variable life insurance and annuity contracts issued by insurance companies and other financial institutions. Please contact your financial advisor directly for more information..
Please consider the investment objectives, risks, charges and expenses carefully before investing. You can obtain variable life insurance and annuity contracts information (non-AllianceBernstein products), including our underlying portfolio prospectuses, which contains this and other information by contacting your Financial Advisor. Please read the prospectus carefully before you invest.
Looking for More Information on AB VPS Large Cap Growth Portfolio
Feel free to get in touch with our team, and we will get back to
you as soon as possible.