VALIC Company I Small Cap Index Fund (VCSLX)

Overview

This fund is specifically designed to mirror the performance of the Russell 2000 Index, focusing particularly on companies within this index that display higher price-to-book ratios and are forecasted to have significant growth. The investment strategy to achieve this alignment involves either purchasing every stock listed in the index in exact proportion or opting for a selection of stocks that represent a cross-section of the index. This approach intends to offer investors a growth-oriented exposure to small-cap companies in the U.S. equity market, relying on the expertise of its Subadviser to manage the fund's portfolio in alignment with the index's characteristics.

Products and Services

• Index Tracking - The primary service of the fund is to closely track the performance of the Russell 2000 Index, notably those companies exhibiting higher growth prospects and price-to-book ratios. This is achieved through strategic investments designed to reflect the composition and performance of the index.
• Direct Stock Purchases - As part of its strategy, the fund may opt to purchase every stock listed in the index in their precise proportions. This method is aimed at providing direct correlation with the index's movements, offering investors a clear path to mirroring its performance.
• Sampling of Index Stocks - Alternatively, the fund might invest in a representative sample of stocks from the index. This approach allows for flexibility in investment decisions and can potentially reduce costs while still aiming to approximate the overall performance of the index.