retirement gateway® group variable annuity · t. rowe price retirement 2025 r axa large cap core...

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AXA Equitable Life Insurance Company (NY, NY) Variable Annuities: • Are Not a Deposit of Any Bank • Are Not FDIC Insured • Are Not Insured by Any Federal Government Agency • Are Not Guaranteed by Any Bank or Savings Association • May Go Down in Value Allocation Portfolios Large Cap Growth (Continued) Mid-Cap Growth (Continued) Short-Term Bonds AXA Aggressive Allocation B Franklin DynaTech R Eaton Vance Atlanta Capital SMID-Cap R EQ/PIMCO Ultra Short Bond IB AXA Conservative Allocation B Franklin Growth R Franklin Small-Mid Cap Growth R American Century Short Dur Inf PrBd R AXA Conservative PLUS Allocation B Janus Forty R Janus Enterprise R International Stocks AXA Growth Strategy IB MFS Growth R1 Lord Abbett Growth Opportunities R3 Developed Markets AXA Moderate Allocation B MFS Massachusetts Investors Growth Stock R1 Neuberger Berman Mid Cap Growth R3 EQ/International Core PLUS IB AXA Moderate PLUS Allocation B Neuberger Berman Guardian R3 Oppenheimer Discovery Mid Cap Growth R EQ/International Equity Index IB AXA/Franklin Templeton Allocation Neuberger Berman Socially Responsive R3 Mid-Cap Value ClearBridge International Value R Managed Volatility IB Prudential Jennison 20/20 Focus R AXA Mid Cap Value Managed Volatility IB Federated InterContinental R American Century One Choice 2020 Portfolio R Prudential Jennison Growth R AXA/Mutual Large Cap Equity Invesco International Growth R American Century One Choice 2025 Portfolio R T. Rowe Price Blue Chip Growth R Managed Volatility IB Janus International Equity R American Century One Choice 2030 Portfolio R T. Rowe Price Growth Stock R Multimanager Mid Cap Value IB Janus Overseas R American Century One Choice 2035 Portfolio R Large Cap Value AB Discovery Value R Lord Abbett Intl Dividend Inc R3 American Century One Choice 2040 Portfolio R AXA Large Cap Value Managed Volatility IB BlackRock Mid Cap Value Opportunities R MFS International Diversification R1 American Century One Choice 2045 Portfolio R EQ/Boston Advisors Equity Income IB Invesco American Value R MFS International Growth R1 American Century One Choice 2050 Portfolio R EQ/Invesco Comstock IB MFS Mid Cap Value R1 MFS International New Discovery R1 American Century One Choice 2055 Portfolio R EQ/JPMorgan Value Opportunities IB Perkins Mid Cap Value R Neuberger Berman Intl Large Cap R3 American Century One Choice In Retirement R American Century Value R Mid-Cap Blend Oppenheimer International Diversified R American Century Strategic Inflation Opps R American Funds American Mutual R2 EQ/Mid Cap Index IB Oppenheimer International Growth R American Funds Global Balanced R2 American Funds Washington Mutual Investors R2 Invesco Mid Cap Core Equity R Oppenheimer International Small Co R BlackRock Global Allocation R BlackRock Basic Value R ClearBridge Mid Cap Core R T. Rowe Price International Stock R Columbia Balanced R BlackRock Equity Dividend R Lord Abbett Value Opportunities R3 Templeton Foreign R Franklin Income R Columbia Dividend Income R Small Cap Growth Emerging Markets Invesco Balanced-Risk Allc R Deutsche Large Cap Value R AXA/AB Small Cap Growth IB American Funds New World R2 Invesco Equity and Income R Eaton Vance Large-Cap Value R Alger Small Cap Growth Institutional R Invesco Emerging Markets Equity R Invesco Income Allocation R Federated Clover Value R Deutsche Small Cap Growth R Global Equity Lord Abbett Diversified Income Strategy R3 Franklin Equity Income R Eaton Vance Small-Cap R AXA Global Equity Managed Volatility IB MFS Conservative Allocation R1 Invesco Comstock R Lord Abbett Alpha Strategy R3 AXA International Core Managed Volatility IB MFS Growth Allocation R1 Invesco Diversified Dividend R MFS New Discovery R1 AXA International Value Managed Volatility IB MFS Moderate Allocation R1 Invesco Growth and Income R Small Cap Value AXA/Templeton Global Equity Managed Volatility IB MFS Total Return R1 Lord Abbett Affiliated R3 AXA/Franklin Small Cap Value EQ/Oppenheimer Global IA Templeton Global Balanced R MFS Value R1 Managed Volatility IB American Century Global Growth R T. Rowe Price Retirement 2005 R Neuberger Berman Equity Income R3 EQ/GAMCO Small Company Value IB American Funds EuroPacific Growth R2 T. Rowe Price Retirement 2010 R Oppenheimer Equity Income R Columbia Multi-Advisor Small Cap Value R BlackRock Global Small Cap R T. Rowe Price Retirement 2015 R T. Rowe Price Equity Income R Federated Clover Small Value R Eaton Vance Global Dividend Income R T. Rowe Price Retirement 2020 R Large Cap Blend Small Cap Blend Oppenheimer Global Opportunities R T. Rowe Price Retirement 2025 R AXA Large Cap Core Managed Volatility IB EQ/Small Company Index IB Sector/Speciality T. Rowe Price Retirement 2030 R AXA Mutual Large Cap Equity Invesco Small Cap Equity R EQ/GAMCO Mergers & Acquisitions IB T. Rowe Price Retirement 2035 R Managed Volatility IB Bonds American Century Global Gold R T. Rowe Price Retirement 2040 R EQ/Capital Guardian Research IB Intermediate Bonds BlackRock Health Sciences Opps R T. Rowe Price Retirement 2045 R EQ/Common Stock Index Portfolio IB AXA/DoubleLine Opportunistic Core Plus Bond IB Columbia Seligman Comms & Info R T. Rowe Price Retirement 2050 R EQ/Equity 500 Index IB EQ/Core Bond Index IB Deutsche Real Estate Securities R T. Rowe Price Retirement 2055 R American Funds Fundamental Investors R2 EQ/Quality Bond PLUS IB Deutsche Select Alternative Allocation R Large Cap Growth ClearBridge Appreciation R Multimanager Core Bond IB Franklin Utilities R AXA Large Cap Growth Managed Volatility IB Columbia Contrarian Core R Charter SM Multi-Sector Bond B Invesco Global Real Estate R AXA/Loomis Sayles Growth IB Deutsche Core Equity R Fidelity VIP Investment Grade Bond SC 2 Ivy Funds VIP Science and Technology EQ/Large Cap Growth Index IB Federated Max-Cap Index R Franklin Strategic Income VIP Fund C12 MFS Technology R1 EQ/Wells Fargo Omega Growth IB Franklin Rising Dividends R Invesco Premium Income R MFS Utilities R1 AB Core Opportunities R Invesco Charter R Invesco Strategic Real Return R Oppenheimer Gold & Special Minerals R AB Large Cap Growth R Invesco Equally-Wtd S&P 500 R PIMCO VIT Real Return Adv PIMCO Commodity Real Ret Strat R Alger Capital Appreciation Instl R Lord Abbett Calibrated Dividend Gr R3 PIMCO VIT Total Return Adv Prudential Financial Services R American Century All Cap Growth R Lord Abbett Fundamental Equity R3 Putnam Income R Prudential Global Real Estate R American Century Select R MFS Massachusetts Investors Trust R1 High-Yield Bonds Prudential Jennison Natural Resources R American Funds AMCAP R2 Oppenheimer Main Street R Franklin High Income R Cash Equivalents American Funds Growth Fund of America R2 Oppenheimer Rising Dividends R Invesco V.I. High Yield II EQ/Money Market IB BlackRock Capital Appreciation R Prudential Jennison Equity Income R Ivy Funds VIP High Income Stable Value Fund BlackRock Large Cap Growth R Mid-Cap Growth International Bonds Guaranteed Account ClearBridge Aggressive Growth R EQ/Morgan Stanley Mid Cap Growth IB EQ/Global Bond PLUS IB Guaranteed Interest Option Deutsche Capital Growth R Multimanager Mid Cap Growth IB American Funds Capital World Bond R2 Personal Income Benefit SM Eaton Vance Growth R AB Discovery Growth R Putnam Global Income R PIB AXA Balanced Strategy Federated Kaufmann Large Cap R American Century Heritage R Templeton Global Bond VIP C12 Retirement Gateway® Group Variable Annuity investment options — Portal I

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Page 1: Retirement Gateway® Group Variable Annuity · T. Rowe Price Retirement 2025 R AXA Large Cap Core Managed Volatility IB EQ/Small Company Index IB Sector/Speciality T. Rowe Price Retirement

AXA Equitable Life Insurance Company (NY, NY)

Variable Annuities: • Are Not a Deposit of Any Bank • Are Not FDIC Insured • Are Not Insured by Any Federal Government Agency • Are Not Guaranteed by Any Bank or Savings Association • May Go Down in Value

Allocation Portfolios Large Cap Growth (Continued) Mid-Cap Growth (Continued) Short-Term BondsAXA Aggressive Allocation B Franklin DynaTech R Eaton Vance Atlanta Capital SMID-Cap R EQ/PIMCO Ultra Short Bond IBAXA Conservative Allocation B Franklin Growth R Franklin Small-Mid Cap Growth R American Century Short Dur Inf PrBd RAXA Conservative PLUS Allocation B Janus Forty R Janus Enterprise R International StocksAXA Growth Strategy IB MFS Growth R1 Lord Abbett Growth Opportunities R3 Developed MarketsAXA Moderate Allocation B MFS Massachusetts Investors Growth Stock R1 Neuberger Berman Mid Cap Growth R3 EQ/International Core PLUS IBAXA Moderate PLUS Allocation B Neuberger Berman Guardian R3 Oppenheimer Discovery Mid Cap Growth R EQ/International Equity Index IBAXA/Franklin Templeton Allocation Neuberger Berman Socially Responsive R3 Mid-Cap Value ClearBridge International Value R Managed Volatility IB Prudential Jennison 20/20 Focus R AXA Mid Cap Value Managed Volatility IB Federated InterContinental R American Century One Choice 2020 Portfolio R Prudential Jennison Growth R AXA/Mutual Large Cap Equity Invesco International Growth R American Century One Choice 2025 Portfolio R T. Rowe Price Blue Chip Growth R Managed Volatility IB Janus International Equity R American Century One Choice 2030 Portfolio R T. Rowe Price Growth Stock R Multimanager Mid Cap Value IB Janus Overseas RAmerican Century One Choice 2035 Portfolio R Large Cap Value AB Discovery Value R Lord Abbett Intl Dividend Inc R3 American Century One Choice 2040 Portfolio R AXA Large Cap Value Managed Volatility IB BlackRock Mid Cap Value Opportunities R MFS International Diversification R1American Century One Choice 2045 Portfolio R EQ/Boston Advisors Equity Income IB Invesco American Value R MFS International Growth R1 American Century One Choice 2050 Portfolio R EQ/Invesco Comstock IB MFS Mid Cap Value R1 MFS International New Discovery R1American Century One Choice 2055 Portfolio R EQ/JPMorgan Value Opportunities IB Perkins Mid Cap Value R Neuberger Berman Intl Large Cap R3 American Century One Choice In Retirement R American Century Value R Mid-Cap Blend Oppenheimer International Diversified R American Century Strategic Inflation Opps R American Funds American Mutual R2 EQ/Mid Cap Index IB Oppenheimer International Growth RAmerican Funds Global Balanced R2 American Funds Washington Mutual Investors R2 Invesco Mid Cap Core Equity R Oppenheimer International Small Co R BlackRock Global Allocation R BlackRock Basic Value R ClearBridge Mid Cap Core R T. Rowe Price International Stock RColumbia Balanced R BlackRock Equity Dividend R Lord Abbett Value Opportunities R3 Templeton Foreign R Franklin Income R Columbia Dividend Income R Small Cap Growth Emerging MarketsInvesco Balanced-Risk Allc R Deutsche Large Cap Value R AXA/AB Small Cap Growth IB American Funds New World R2Invesco Equity and Income R Eaton Vance Large-Cap Value R Alger Small Cap Growth Institutional R Invesco Emerging Markets Equity RInvesco Income Allocation R Federated Clover Value R Deutsche Small Cap Growth R Global EquityLord Abbett Diversified Income Strategy R3 Franklin Equity Income R Eaton Vance Small-Cap R AXA Global Equity Managed Volatility IBMFS Conservative Allocation R1 Invesco Comstock R Lord Abbett Alpha Strategy R3 AXA International Core Managed Volatility IBMFS Growth Allocation R1 Invesco Diversified Dividend R MFS New Discovery R1 AXA International Value Managed Volatility IBMFS Moderate Allocation R1 Invesco Growth and Income R Small Cap Value AXA/Templeton Global Equity Managed Volatility IBMFS Total Return R1 Lord Abbett Affiliated R3 AXA/Franklin Small Cap Value EQ/Oppenheimer Global IATempleton Global Balanced R MFS Value R1 Managed Volatility IB American Century Global Growth RT. Rowe Price Retirement 2005 R Neuberger Berman Equity Income R3 EQ/GAMCO Small Company Value IB American Funds EuroPacific Growth R2T. Rowe Price Retirement 2010 R Oppenheimer Equity Income R Columbia Multi-Advisor Small Cap Value R BlackRock Global Small Cap RT. Rowe Price Retirement 2015 R T. Rowe Price Equity Income R Federated Clover Small Value R Eaton Vance Global Dividend Income R T. Rowe Price Retirement 2020 R Large Cap Blend Small Cap Blend Oppenheimer Global Opportunities RT. Rowe Price Retirement 2025 R AXA Large Cap Core Managed Volatility IB EQ/Small Company Index IB Sector/SpecialityT. Rowe Price Retirement 2030 R AXA Mutual Large Cap Equity Invesco Small Cap Equity R EQ/GAMCO Mergers & Acquisitions IBT. Rowe Price Retirement 2035 R Managed Volatility IB Bonds American Century Global Gold RT. Rowe Price Retirement 2040 R EQ/Capital Guardian Research IB Intermediate Bonds BlackRock Health Sciences Opps RT. Rowe Price Retirement 2045 R EQ/Common Stock Index Portfolio IB AXA/DoubleLine Opportunistic Core Plus Bond IB Columbia Seligman Comms & Info RT. Rowe Price Retirement 2050 R EQ/Equity 500 Index IB EQ/Core Bond Index IB Deutsche Real Estate Securities RT. Rowe Price Retirement 2055 R American Funds Fundamental Investors R2 EQ/Quality Bond PLUS IB Deutsche Select Alternative Allocation RLarge Cap Growth ClearBridge Appreciation R Multimanager Core Bond IB Franklin Utilities R AXA Large Cap Growth Managed Volatility IB Columbia Contrarian Core R Chartersm Multi-Sector Bond B Invesco Global Real Estate RAXA/Loomis Sayles Growth IB Deutsche Core Equity R Fidelity VIP Investment Grade Bond SC 2 Ivy Funds VIP Science and Technology EQ/Large Cap Growth Index IB Federated Max-Cap Index R Franklin Strategic Income VIP Fund C12 MFS Technology R1EQ/Wells Fargo Omega Growth IB Franklin Rising Dividends R Invesco Premium Income R MFS Utilities R1AB Core Opportunities R Invesco Charter R Invesco Strategic Real Return R Oppenheimer Gold & Special Minerals RAB Large Cap Growth R Invesco Equally-Wtd S&P 500 R PIMCO VIT Real Return Adv PIMCO Commodity Real Ret Strat RAlger Capital Appreciation Instl R Lord Abbett Calibrated Dividend Gr R3 PIMCO VIT Total Return Adv Prudential Financial Services RAmerican Century All Cap Growth R Lord Abbett Fundamental Equity R3 Putnam Income R Prudential Global Real Estate RAmerican Century Select R MFS Massachusetts Investors Trust R1 High-Yield Bonds Prudential Jennison Natural Resources RAmerican Funds AMCAP R2 Oppenheimer Main Street R Franklin High Income R Cash EquivalentsAmerican Funds Growth Fund of America R2 Oppenheimer Rising Dividends R Invesco V.I. High Yield II EQ/Money Market IBBlackRock Capital Appreciation R Prudential Jennison Equity Income R Ivy Funds VIP High Income Stable Value FundBlackRock Large Cap Growth R Mid-Cap Growth International Bonds Guaranteed AccountClearBridge Aggressive Growth R EQ/Morgan Stanley Mid Cap Growth IB EQ/Global Bond PLUS IB Guaranteed Interest OptionDeutsche Capital Growth R Multimanager Mid Cap Growth IB American Funds Capital World Bond R2 Personal Income BenefitSM

Eaton Vance Growth R AB Discovery Growth R Putnam Global Income R PIB AXA Balanced StrategyFederated Kaufmann Large Cap R American Century Heritage R Templeton Global Bond VIP C12

Retirement Gateway® Group Variable Annuityinvestment options — Portal I

Page 2: Retirement Gateway® Group Variable Annuity · T. Rowe Price Retirement 2025 R AXA Large Cap Core Managed Volatility IB EQ/Small Company Index IB Sector/Speciality T. Rowe Price Retirement

Portfolio features AXA Equitable’s proprietary managed-volatility strategy (or may invest in underlying portfolios that feature this strategy) that currently utilizes futures and options to manage equity exposure when market volatility increases above specific thresholds set for the portfolio. It is not possible to manage volatility fully or perfectly, which could cause these portfolios to underperform or experience losses.

Investment options and available share classes are subject to change. Contact your financial professional for the most up-to-date list of investment options and available share classes.

Amounts in variable investment options are subject to fluctuation in value and market risk, including loss of principal. Clients should consider the charges, risks, expenses and investment objectives carefully before investing. For a prospectus containing this and other information on the investment options listed here, clients should contact their financial professional. Clients should read the prospectus carefully before they invest or send money.

The Retirement Gateway® Investment Options contain various types of investments, including variable investment trusts and mutual funds. Certain investment funds may contain different investments than similarly named investment funds of a different type offered by the money manager. Investment results of the different types of similarly named investments may be higher or lower. Please see the investment fund’s prospectus for more information on the type and structure of the investment.

A group variable annuity is a long-term financial product that is used for retirement purposes. In its most basic form, a group annuity is a contract between a company and an insurance company to allow company employees (participants) to make contributions toward a retirement account and then be able to receive payments from the account during retirement years. There are contract limitations and fees associated with variable annuities, which include, but are not limited to, mortality and expense risk charges, sales and surrender charges, administrative fees and charges for optional benefits.

Retirement Gateway® is a group deferred flexible premium combination fixed and variable annuity contract and is a registered service mark of AXA Equitable Life Insurance Company. Retirement Gateway® group variable annuity contract is issued by AXA Equitable Life Insurance Company. Co-distributed by AXA Advisors, LLC and AXA Distributors, LLC (members FINRA, SIPC). AXA Equitable, AXA Advisors and AXA Distributors are affiliated companies and do not provide tax or legal advice.

Retirement Gateway® contract form #s: 2005GAC QP, 2011RG-457, 2012RDPIB-RG, 2012QPRG and any state variations.

“AXA” is the brand name of AXA Equitable Financial Services, LLC and its family of companies, including AXA Equitable Life Insurance Company (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. The obligations of AXA Equitable Life Insurance Company are backed solely by its claims-paying ability.

© 2015 AXA Equitable Life Insurance Company. All rights reserved.

1290 Avenue of the Americas, New York, NY 10104, (212) 554-1234

G35043 GE-87148 (5/15) (Exp. 5/17) Cat. #149305 (6/15)

Page 3: Retirement Gateway® Group Variable Annuity · T. Rowe Price Retirement 2025 R AXA Large Cap Core Managed Volatility IB EQ/Small Company Index IB Sector/Speciality T. Rowe Price Retirement

AXA Equitable Life Insurance Company (NY, NY)

Variable Annuities: • Are Not a Deposit of Any Bank • Are Not FDIC Insured • Are Not Insured by Any Federal Government Agency • Are Not Guaranteed by Any Bank or Savings Association • May Go Down in Value

Allocation Portfolios Large Cap Blend (continued) Sector/Speciality (continued) International Stocks (continued)AXA Aggressive Allocation B Oppenheimer Rising Dividends A Deutsche RREEF Real Estate Securities A Developed Markets (continued)AXA Conservative Allocation B Prudential Jennison Equity Income A Deutsche Select Alternative Allocation A Janus Overseas S AXA Conservative PLUS Allocation B Large Cap Growth Franklin Utilities A Lord Abbett Intl Dividend Inc A AXA Growth Strategy IB AXA Large Cap Growth Managed Volatility IB Invesco Global Real Estate A MFS International Diversification R2AXA Moderate Allocation B AXA/Loomis Sayles Growth IB Ivy Funds VIP Science and Technology MFS International Growth R2 AXA Moderate PLUS Allocation B EQ/Large Cap Growth Index IB MFS Technology R2 MFS International New Discovery R2AXA/Franklin Templeton Allocation EQ/Wells Fargo Omega Growth IB MFS Utilities R2 MFS International Value R2 Managed Volatility IB AB Core Opportunities A Oppenheimer Gold & Special Minerals A Neuberger Berman Intl Large Cap A American Century One Choice 2020 Portfolio A AB Large Cap Growth A PIMCO Commodity Real Ret Strat A Oppenheimer International Diversified A American Century One Choice 2025 Portfolio A Alger Capital Appreciation A Prudential Financial Services A Oppenheimer International Growth AAmerican Century One Choice 2030 Portfolio A American Century All Cap Growth A Prudential Global Real Estate A Oppenheimer International Small Co A American Century One Choice 2035 Portfolio A American Century Select A Prudential/Jennison Natural Resources Templeton Foreign AAmerican Century One Choice 2040 Portfolio A American Funds AMCAP R3 Mid-Cap Growth T. Rowe Price International Stock Adv American Century One Choice 2045 Portfolio A American Funds Growth Fund of America R3 EQ/Morgan Stanley Mid Cap Growth IB Emerging MarketsAmerican Century One Choice 2050 Portfolio A BlackRock Capital Appreciation A Multimanager Mid Cap Growth IB American Funds New World Fund R3American Century One Choice 2055 Portfolio A BlackRock Large Cap Growth A AB Discovery Growth A Invesco Emerging Markets Equity AAmerican Century One Choice In Retirement A ClearBridge Aggressive Growth A American Century Heritage A Global EquityAmerican Century Strategic Inflation Opps A Deutsche Capital Growth A Eaton Vance Atlanta Capital SMID-Cap A AXA Global Equity Managed Volatility IBAmerican Funds Global Balanced Fund R3 Eaton Vance Growth A Franklin Small-Mid Cap Growth A AXA International Value Managed Volatility IBBlackRock Global Allocation Inv A Federated Kaufmann Large Cap A Janus Enterprise S AXA/Templeton Global EquityColumbia Balanced A Franklin DynaTech A Lord Abbett Growth Opportunities A Managed Volatility IBFranklin Income A Franklin Growth A Neuberger Berman Mid Cap Growth A EQ/Oppenheimer Global IAInvesco Balanced-Risk Allc A Janus Forty S Oppenheimer Discovery Mid Cap Growth A American Century Global Growth AInvesco Equity and Income A MFS Growth R2 Mid-Cap Value American Funds EuroPacific Growth R3Invesco Income Allocation A MFS Massachusetts Investors Gr Stk R2 AXA Mid Cap Value Managed Volatility IB BlackRock Global Small Cap ALord Abbett Diversified Income Strategy A Neuberger Berman Guardian A Multimanager Mid Cap Value IB Eaton Vance Global Dividend Income A MFS Conservative Allocation R2 Neuberger Berman Socially Responsive A AB Discovery Value A Oppenheimer Global Opportunities AMFS Growth Allocation R2 Prudential Jennison 20/20 Focus A BlackRock Mid Cap Value Opps Inv A BondsMFS Moderate Allocation R2 Prudential Jennison Growth A Invesco American Value A Intermediate BondsMFS Total Return R2 Prudential Jennison Natural Resources A MFS Mid Cap Value R2 AXA/DoubleLine Opportunistic Core Plus Bond FundT. Rowe Price Retirement 2005 Adv T. Rowe Price Blue Chip Growth Adv Perkins Mid Cap Value S EQ/Core Bond Index IBT. Rowe Price Retirement 2010 Adv T. Rowe Price Growth Stock Adv Mid-Cap Blend EQ/Quality Bond PLUS IBT. Rowe Price Retirement 2015 Adv Large Cap Value EQ/Mid Cap Index IB Multimanager Core Bond BT. Rowe Price Retirement 2020 Adv AXA Large Cap Value Managed Volatility IB Invesco Mid Cap Core Equity A Chartersm Multi-Sector Bond IBT. Rowe Price Retirement 2025 Adv AXA/Mutual Large Cap Equity Managed Volatility IB ClearBridge Mid Cap Core A Fidelity VIP Investment Grade Bond SC 2T. Rowe Price Retirement 2030 Adv EQ/Boston Advisors Equity Income IB Lord Abbett Value Opportunities A Franklin Strategic Income VIP Fund CI2T. Rowe Price Retirement 2035 Adv EQ/Invesco Comstock IB Invesco Premium Income AT. Rowe Price Retirement 2040 Adv EQ/JPMorgan Value Opportunities IB Small Cap Growth Invesco Strategic Real Return AT. Rowe Price Retirement 2045 Adv American Century Value A AXA/AB Small Cap Growth IB PIMCO VIT Real Return AdvT. Rowe Price Retirement 2050 Adv American Funds American Mutual R3 Alger Small Cap Growth A PIMCO VIT Total Return AdvT. Rowe Price Retirement 2055 Adv American Funds Washington Mutual Investors R3 Deutsche Small Cap Growth A Putnam American Government Income ATempleton Global Balanced A BlackRock Basic Value A Eaton Vance Small-Cap A Putnam Global Income ALarge Cap Blend BlackRock Equity Dividend A Lord Abbett Alpha Strategy A Putnam Income AAXA Large Cap Core Managed Volatility IB Columbia Dividend Income A MFS New Discovery R2 High-Yield BondsEQ/Capital Guardian Research IB Deutsche Large Cap Value A Small Cap Value Franklin High Income AEQ/Common Stock Index IB Eaton Vance Large-Cap Value A AXA/Franklin Small Cap Value Managed Volatility IB Invesco V.I. High Yield IIEQ/Equity 500 Index IB Federated Clover Value A EQ/GAMCO Small Company Value IB Ivy Funds VIP High IncomeAXA/Mutual Large Cap Equity Franklin Equity Income A Columbia Multi-Advisor Sm Cp Val A International Bonds Managed Volatility IB Invesco Comstock A Federated Clover Small Value A EQ/Global Bond PLUS IBAmerican Funds Fundamental Investors R3 Invesco Diversified Dividend A Small Cap Blend American Funds Capital World Bond R3ClearBridge Appreciation A Invesco Growth and Income A EQ/Small Company Index IB Templeton Global Bond VIP Fund CI2Columbia Contrarian Core A Lord Abbett Affiliated A Invesco Small Cap Equity A Short-Term BondsDeutsche Core Equity A MFS Value R2 EQ/PIMCO Ultra Short Bond IBFederated Max-Cap Index Svc Neuberger Berman Equity Income A International Stocks American Century Short Dur Inf Pr Bd AFranklin Rising Dividends A Oppenheimber Equity Income A Developed Markets Cash EquivalentsInvesco Charter A T. Rowe Price Equity Income Adv AXA International Core Managed Volatility IB EQ/Money Market IBInvesco Equally-Wtd S&P 500 A Sector/Speciality EQ/International Equity Index IB Stable Value FundLord Abbett Calibrated Dividend Gr A EQ/GAMCO Mergers & Acquisitions IB ClearBridge International Value A Guaranteed AccountLord Abbett Fundamental Equity A American Century Global Gold A Federated InterContinental A Guaranteed Interest OptionMFS Massachusetts Investors Tr R2 BlackRock Health Sciences Ops A Invesco International Growth A Personal Income BenefitSM

Oppenheimer Main Street A Columbia Seligman Comms & Info A Janus International Equity S PIB AXA Balanced Strategy

Retirement Gateway® Group Variable Annuityinvestment options — Portal II

Please also see the reverse side for additional important information.

Page 4: Retirement Gateway® Group Variable Annuity · T. Rowe Price Retirement 2025 R AXA Large Cap Core Managed Volatility IB EQ/Small Company Index IB Sector/Speciality T. Rowe Price Retirement

Portfolio features AXA Equitable’s proprietary managed-volatility strategy (or may invest in underlying portfolios that feature this strategy) that currently utilizes futures and options to manage equity exposure when market volatility increases above specific thresholds set for the portfolio. It is not possible to manage volatility fully or perfectly, which could cause these portfolios to underperform or experience losses.

Investment options and available share classes are subject to change. Contact your financial professional for the most up-to-date list of investment options and available share classes.

Amounts in variable investment options are subject to fluctuation in value and market risk, including loss of principal. Clients should consider the charges, risks, expenses and investment objectives carefully before investing. For a prospectus containing this and other information on the investment options listed here, clients should contact their financial professional. Clients should read the prospectus carefully before they invest or send money.

The Retirement Gateway® Investment Options contain various types of investments, including variable investment trusts and mutual funds. Certain investment funds may contain different investments than similarly named investment funds of a different type offered by the money manager. Investment results of the different types of similarly named investments may be higher or lower. Please see the investment fund’s prospectus for more information on the type and structure of the investment.

A group variable annuity is a long-term financial product that is used for retirement purposes. In its most basic form, a group annuity is a contract between a company and an insurance company to allow company employees (participants) to make contributions toward a retirement account and then be able to receive payments from the account during retirement years. There are contract limitations and fees associated with variable annuities, which include, but are not limited to, mortality and expense risk charges, sales and surrender charges, administrative fees and charges for optional benefits.

Retirement Gateway® is a group deferred flexible premium combination fixed and variable annuity contract and is a registered service mark of AXA Equitable Life Insurance Company. Retirement Gateway® group variable annuity contract is issued by AXA Equitable Life Insurance Company. Co-distributed by AXA Advisors, LLC and AXA Distributors, LLC (members FINRA, SIPC). AXA Equitable, AXA Advisors and AXA Distributors are affiliated companies and do not provide tax or legal advice.

Retirement Gateway® contract forms #: 2005GAC QP, 2011RG-457, 2012RDPIB-RG, 2012QPRG and any state variations.

“AXA” is the brand name of AXA Equitable Financial Services, LLC and its family of companies, including AXA Equitable Life Insurance Company (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. The obligations of AXA Equitable Life Insurance Company are backed solely by its claims-paying ability.

© 2015 AXA Equitable Life Insurance Company. All rights reserved.

1290 Avenue of the Americas, New York, NY 10104, (212) 554-1234

G35236 GE-87148 (5/15) (Exp. 5/17) Cat. #149306 (4/15)

Page 5: Retirement Gateway® Group Variable Annuity · T. Rowe Price Retirement 2025 R AXA Large Cap Core Managed Volatility IB EQ/Small Company Index IB Sector/Speciality T. Rowe Price Retirement

AXA Equitable Life Insurance Company (NY, NY)

Variable Annuities: • Are Not a Deposit of Any Bank • Are Not FDIC Insured • Are Not Insured by Any Federal Government Agency • Are Not Guaranteed by Any Bank or Savings Association • May Go Down in Value

Large Cap Value Mid Cap Value International StocksAmerican Century Value R6 AllianceBern Discovery Value Z Developed MarketsAmerican Funds American Mutual R6 DFA US Vector Equity I ClearBridge International Value IS MFS® International Growth R5American Funds Washington Mutual R6 Invesco American Value R6 DFA International Small Cap Value I MFS® International New Discovery R5Columbia Dividend Income Y MFS® Mid Cap Value R5 DFA International Value I MFS® International Value R5DFA US Large Cap Value I Vanguard Mid-Cap Value Index Admiral DFA Large Cap International I Oppenheimer International Diversified IEaton Vance Large-Cap Value R6 Mid Cap Blend Federated InterContinental R6 Oppenheimer International Growth IFranklin Equity Income R6 Clearbridge Mid Cap Core IS Franklin Intl Small Cap Growth R6 Oppenheimer International Small Co IInvesco Comstock R6 DFA US Core Equity 2 I Invesco International Growth R6 Templeton Foreign R6Invesco Diversified Dividend R6 Invesco Mid Cap Core Equity R6 Janus International Equity N Vanguard International Growth AdmMFS® Value R5 Vanguard Mid Cap Index Adm Janus Overseas N Vanguard International Value InvOppenheimer Equity Income I Vanguard Strategic Equity Inv Emerging Markets Global EquityVanguard Value Index Adm Mid Cap Growth American Funds New World R6 American Funds EuroPacific Gr R6Vanguard Windsor™ II Admiral™ American Century Heritage R6 DFA Emerging Markets I DFA Global Equity ILarge Cap Blend Eaton Vance Atlanta Capital SMID-Cap R6 Invesco Emerging Markets Equity R6 Oppenheimer Global Opportunities IAmerican Funds Fundamental Invs R6 Franklin Small-Mid Cap Growth R6 Investment Grade BondsColumbia Contrarian Core Y Janus Enterprise N Intermediate BondDFA Enhanced US Large Company I Neuberger Berman Mid Cap Growth R6 Franklin Real Return R6 Putnam American Government Income R6DFA US Core Equity 1 I Oppenheimer Discovery Mid Cap Growth I Franklin Strategic Income R6 Putnam Income R6DFA US Large Company I Vanguard Mid Cap Growth Inv Invesco Premium Income R6 Vanguard VIF Total Bond Mkt IdxFranklin Rising Dividends R6 Vanguard Mid-Cap Growth Index Admiral Invesco Strategic Real Return R6Invesco Charter R6 Small Cap Value High Yield Bond Short Term BondOppenheimer Main Street I DFA US Small Cap Value I Franklin High Income R6 American Century ShDur Infl Prot Bd R6Oppenheimer Rising Dividends I DFA US Targeted Value I Vanguard VIF High Yield Bond Vanguard VIF Short Term Invmt GradePrudential Jennison Equity Income Q Vanguard Small Cap Value Index Admiral International BondVanguard 500 Index Admiral Small Cap Blend American Funds Capital World Bond R6 Putnam Global Income Trust R6Vanguard Capital Value Inv DFA US Small Cap I Invesco International Total Return R6 Templeton Global Bond R6Vanguard Growth & Income Adm Invesco Small Cap Equity R6 Sector/SpecialtyLarge Cap Growth Vanguard Small Cap Index Adm DFA Real Estate Securities I Prudential Global Real Estate QAlger Capital Appreciation Vanguard Strategic Small-Cap Equity Inv Franklin Utilities R6 Prudential Jennison Natural Resources QAllianceBern Core Opportunities Z Small Cap Growth Invesco Global Real Estate R6 Vanguard Energy AdmAmerican Century Select R6 Alger Small Cap Growth Z MFS® Technology R5 Vanguard Health Care Index AdmAmerican Funds AMCAP R6 Franklin Small Cap Growth R6 MFS® Utilities R5 Vanguard Information Technology Idx AdmAmerican Funds Growth Fund of Amer R6 Janus Triton N Oppenheimer Gold & Special Minerals IBlackRock Large Cap Growth Retirement K MFS® New Discovery R5 Cash EquivalentClearBridge Aggressive Growth IS Vanguard Explorer Adm Vanguard Prime Money Market InvClearBridge Appreciation IS Vanguard Small Cap Growth Index Admiral Asset Allocation PortfoliosFederated Kaufmann Large Cap R6 American Century One Choice 2020 R6 MFS® Total Return R5Franklin DynaTech R6 American Century One Choice 2025 R6 Templeton Global Balanced R6Franklin Growth R6 American Century One Choice 2030 R6 Vanguard Target Retirement 2010 InvJanus Forty N American Century One Choice 2035 R6 Vanguard Target Retirement 2015 InvMFS® Growth R5 American Century One Choice 2040 R6 Vanguard Target Retirement 2020 InvMFS® Massachusetts Investors Gr Stk R5 American Century One Choice 2045 R6 Vanguard Target Retirement 2025 InvMFS® Massachusetts Investors Tr R5 American Century One Choice 2050 R6 Vanguard Target Retirement 2030 InvNeuberger Berman Socially Rspns R6 American Century One Choice 2055 R6 Vanguard Target Retirement 2035 InvPrudential Jennison 20/20 Focus Q American Funds Global Balanced R6 Vanguard Target Retirement 2040 InvVanguard Growth Index Adm Columbia Balanced Y Vanguard Target Retirement 2045 InvVanguard Morgan™ Growth Admiral™ Franklin Income R6 Vanguard Target Retirement 2050 Inv

Invesco Balanced-Risk Allc R6 Vanguard Target Retirement 2055 InvInvesco Equity and Income R6 Vanguard Target Retirement 2060 Inv

Large Cap Value Large Cap Blend International StocksAmerican Century Value R6 American Funds Fundamental Invs R6 Developed MarketsAmerican Funds American Mutual R6 ClearBridge Appreciation IS ClearBridge International Value IS MFS® International Growth R5American Funds Washington Mutual R6 Columbia Contrarian Core Y DFA International Small Cap Value I MFS® International New Discovery R5Columbia Dividend Income Y DFA Enhanced US Large Company I DFA International Value I Oppenheimer International Diversified IDFA US Large Cap Value I DFA US Core Equity 1 I DFA Large Cap International I Oppenheimer International Growth IEaton Vance Large-Cap Value R6 DFA US Large Company I Federated InterContinental R6 Oppenheimer International Small Co IFranklin Equity Income R6 Franklin Rising Dividends R6 Invesco International Growth R6 Templeton Foreign R6Invesco Comstock R6 Invesco Charter R6 Janus International Equity N Vanguard International Growth Admiralsm

Invesco Diversified Dividend R6 Oppenheimer Main Street I Janus Overseas N Vanguard International Value InvMFS® Value R5 Oppenheimer Rising Dividends I Emerging Markets Global EquityOppenheimer Equity Income I Prudential Jennison Equity Income Q American Funds New World R6 American Funds EuroPacific Gr R6Vanguard Value Index Admiralsm Vanguard 500 Index Admiralsm DFA Emerging Markets I DFA Global Equity IVanguard Windsor™ II Admiralsm Vanguard Capital Value Inv Invesco Emerging Markets Equity R6 Oppenheimer Global Opportunities I

Vanguard Growth & Income Admiralsm

Large Cap Growth Investment Grade BondsAlger Capital Appreciation Z Franklin Growth R6 Intermediate Bond International BondAB Core Opportunities Z Janus Forty N Franklin Real Return R6 American Funds Capital World Bond R6American Century Select R6 MFS® Growth R5 Franklin Strategic Income R6 Invesco International Total Return R6American Funds AMCAP R6 MFS® Massachusetts Investors Gr Stk R5 Invesco Premium Income R6 Putnam Global Income Trust R6American Funds Growth Fund of Amer R6 MFS® Massachusetts Investors Tr R5 Invesco Strategic Real Return R6 Templeton Global Bond R6BlackRock Large Cap Growth Retirement K Neuberger Berman Socially Rspns R6 Putnam American Government Income R6 Short Term BondClearBridge Aggressive Growth IS Prudential Jennison 20/20 Focus Q Putnam Income R6 American Century ShDur Infl Prot Bd R6Federated Kaufmann Large Cap R6 Vanguard Growth Index Admiralsm Vanguard VIF Total Bond Mkt Idx Vanguard VIF Short Term Invmt GradeFranklin DynaTech R6 Vanguard Morgan™ Growth Admiralsm High Yield BondMid Cap Value Mid Cap Blend Franklin High Income R6 Vanguard VIF High Yield BondAB Discovery Value Z Clearbridge Mid Cap Core IS Sector/SpecialtyDFA US Vector Equity I DFA US Core Equity 2 I DFA Real Estate Securities I Prudential Global Real Estate QInvesco American Value R6 Invesco Mid Cap Core Equity R6 Franklin Utilities R6 Prudential Jennison Natural Resources QMFS® Mid Cap Value R5 Vanguard Mid Cap Index Admiralsm Invesco Global Real Estate R6 Vanguard Energy Admiralsm

Vanguard Selected Value Inv Vanguard Strategic Equity Inv MFS® Technology R5 Vanguard Health Care Index Admiralsm

Mid Cap Growth MFS® Utilities R5 Vanguard Information Technology Idx Admiralsm

American Century Heritage R6 Neuberger Berman Mid Cap Growth R6 Oppenheimer Gold & Special Minerals IEaton Vance Atlanta Capital SMID-Cap R6 Oppenheimer Discovery Mid Cap Growth I Cash EquivalentFranklin Small-Mid Cap Growth R6 Vanguard Mid Cap Growth Inv EQ/Money Market IB Stable Value FundJanus Enterprise N Vanguard Mid-Cap Growth Index Admiralsm Asset Allocation PortfoliosSmall Cap Value Small Cap Blend American Century One Choice 2020 R6 Invesco Equity and Income R6DFA US Small Cap Value I DFA US Small Cap I American Century One Choice 2025 R6 MFS® Total Return R5DFA US Targeted Value I Invesco Small Cap Equity R6 American Century One Choice 2030 R6 Templeton Global Balanced R6Vanguard Selected Value Inv Vanguard Small Cap Index Admiralsm American Century One Choice 2035 R6 Vanguard Target Retirement 2015 Inv

Vanguard Strategic Small-Cap Equity Inv American Century One Choice 2040 R6 Vanguard Target Retirement 2020 InvSmall Cap Growth American Century One Choice 2045 R6 Vanguard Target Retirement 2025 InvAlger Small Cap Growth Z Vanguard Explorer Admiralsm American Century One Choice 2050 R6 Vanguard Target Retirement 2030 InvMFS® New Discovery R5 Vanguard Small Cap Growth Index Admiralsm American Century One Choice 2055 R6 Vanguard Target Retirement 2035 InvGuaranteed Account American Century One Choice In Retirement R6 Vanguard Target Retirement 2040 InvGuaranteed Interest Account American Funds Global Balanced R6 Vanguard Target Retirement 2045 InvPersonal Income Benefitsm Columbia Balanced Y Vanguard Target Retirement 2050 InvPIB AXA Balanced Strategy Franklin Income R6 Vanguard Target Retirement 2055 Inv

Invesco Balanced-Risk Allc R6 Vanguard Target Retirement 2060 Inv

Retirement Gateway® Group Variable Annuity investment options — Portal III

Please also see the reverse side for additional important information.

Page 6: Retirement Gateway® Group Variable Annuity · T. Rowe Price Retirement 2025 R AXA Large Cap Core Managed Volatility IB EQ/Small Company Index IB Sector/Speciality T. Rowe Price Retirement

Investment options and available share classes are subject to change. Contact your financial professional for the most up-to-date list of investment options and available share classes.

Amounts in variable investment options are subject to fluctuation in value and market risk, including loss of principal. Clients should consider the charges, risks, expenses and investment objectives carefully before investing. For a prospectus containing this and other information on the investment options listed here, clients should contact their financial professional. Clients should read the prospectus carefully before they invest or send money. The Retirement Gateway® Investment Options contain various types of investments, including variable investment trusts and mutual funds. Certain investment funds may contain different investments than similarly named investment funds of a different type offered by the money manager. Investment results of the different types of similarly named investments may be higher or lower. Please see the investment fund’s prospectus for more information on the type and structure of the investment.

A group variable annuity is a long-term financial product that is used for retirement purposes. In its most basic form, a group annuity is a contract between a company and an insurance company to allow company employees (participants) to make contributions toward a retirement account and then be able to receive payments from the account during retirement years. There are contract limitations and fees associated with variable annuities, which include, but are not limited to, mortality and expense risk charges, sales and surrender charges, administrative fees and charges for optional benefits.

Retirement Gateway® is a group deferred flexible premium combination fixed and variable annuity contract and is a registered service mark of AXA Equitable Life Insurance Company. Retirement Gateway® group variable annuity contract is issued by AXA Equitable Life Insurance Company. Co-distributed by AXA Advisors, LLC and AXA Distributors, LLC (members FINRA, SIPC). AXA Equitable, AXA Advisors and AXA Distributors are affiliated companies and do not provide tax or legal advice.

Retirement Gateway® contract form #s: 2005GAC QP, 2011RG-457, 2012RDPIB-RG, 2012QPRG and any state variations.

“AXA” is the brand name of AXA Equitable Financial Services, LLC and its family of companies, including AXA Equitable Life Insurance Company (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. The obligations of AXA Equitable Life Insurance Company are backed solely by its claims-paying ability.

© 2015 AXA Equitable Life Insurance Company. All rights reserved.

1290 Avenue of the Americas, New York, NY 10104, (212) 554-1234

G34417 GE-101458 (4/15) (Exp. 4/17) Cat. #154025 (4/15)

Note: The list above may not include all investment managers.