VALIC Company I Nasdaq-100 Index Fund (VCNIX)

Overview

The Subadviser is a specialized investment entity focused on managing a fund that closely mirrors the performance of a specific stock market index comprised of the largest and most active non-financial domestic and international companies listed on the NASDAQ Stock Market. This index is recognized for its emphasis on market value or capitalization of its constituents, offering exposure mainly to the technology sector among others. The strategy involves a commitment to invest at least 80% of the fund's net assets directly in the securities that form part of the index it aims to replicate. Unique to its approach is the possibility of concentrating more than a quarter of its total assets in the technology sector, aligning this concentration with the industry weightings reflective of the index itself. Despite its targeted focus, it's important to note that the fund operates with a non-diversified status, which implies that it might allocate its investments into fewer securities than a diversified fund.

Products and Services

• Index-Based Fund Investments

This service entails investing in a portfolio of stocks that are designed to closely follow the price and yield performance of a specific index. In this context, the Subadviser commits at least 80% of the fund's net assets to securities listed in a prestigious NASDAQ index, which is known for comprising the largest and most active non-financial companies both domestic and international. This strategy aims to provide investors with a straightforward method to attain diversified exposure to a broad range of industry-leading companies, primarily within the technology sector, albeit within a non-diversified fund framework.

• Technology Sector Concentration

Given the index's structure and industry weightings, the Subadviser offers an investment focus where a significant portion of the fund's total assets can be concentrated in the technology sector. This concentration tactic is reflective of the sector’s predominant presence within the index the fund aims to replicate. The approach is designed for investors seeking targeted exposure to the technology industry, which is an integral part of the global economy and offers potential for growth and innovation-driven returns.