VALIC Company I International Equities Index Fund (VCIEX)

Overview

The fund described is an investment vehicle that primarily focuses on purchasing equities that are part of a specific index, dedicating at least 80% of its net assets to these securities. This strategy suggests that the fund is likely tracking the performance of the chosen index, aiming to mirror its returns closely. The fund also employs a strategy to generate additional income through the lending of its portfolio securities, which involves allowing broker-dealers and other financial institutions to borrow certain securities. This activity is capped at 30% of the fund’s total assets, indicating a controlled risk approach to enhance returns without overexposing the fund to the risks associated with securities lending.

Products and Services

The fund offers a focused set of investment strategies and services designed to meet the needs of investors looking for index-related returns and income generation through securities lending. Each offering is tailored to balance opportunity with risk management.

• Index-Focused Equity Investments: By investing at least 80% of net assets in stocks that are part of a specific index, the fund aims to provide investors with a straightforward path to achieving returns that closely match those of the index. This strategy appeals to investors who wish to mimic the performance of a particular market or sector without selecting individual stocks.
• Securities Lending Program: As a method to generate additional income, the fund engages in the lending of its securities to qualified financial institutions. This process allows the fund to earn income from the lending fees charged, while setting a cap at 30% of total assets to manage risk. This service is beneficial for investors looking for enhanced returns beyond what the index performance alone can provide.