AB - Select US Equity Portfolio A Acc

The Portfolio seeks to increase the value of your investment over time through total return, using a combination of income and capital growth, while seeking lower volatility than the global high yield bond markets (as measured by the Bloomberg Global High Yield Corporate Bond Index). In actively managing the Portfolio, the Investment Manager invests flexibly across sectors (types of bonds), industries, countries, currencies and credit qualities and seeks to balance risk and return characteristics. The Investment Manager uses a disciplined process integrating fundamental and quantitative research to identify high-conviction opportunities while actively managing duration and yield-curve positioning (top-down and bottom-up approach).