Performance returns are based on the period ending March 31, 2016
Performance returns are net of expenses
SHORT TERM / MONEY MARKET FUNDS Short term fixed income funds generally invest in short-term bonds issued by governments or corporations.
Money market funds invest in cash vehicles.
5 Year 10 Year Life of
Three Year One Average Average Fund Avg. Fund Total
Month To Date Year Annual Annual Annual Inception Contract
Return Return Return Return Return Return Date Charges*
Vendor Fund Name % % % % % % %
VALIC Money Market I Fund (SunAmerica) -0.20 -0.79 -0.79 0.27 0.27 01/16/1986 1.31
Fixed Account Plus 2.35 1.90 2.43 3.46 3.46 01/01/1982 N/A
Short-Term Fixed Account 1.00 1.00 1.00 1.85 1.85 01/01/1991 N/A
CORE FIXED INCOME FUNDS These funds generally invest in investment-grade government and corporate bonds. They also make investments
in high yield (below investment grade) bonds and in foreign bonds.
5 Year 10 Year Life of
Three Year One Average Average Fund Avg. Fund Total
Month To Date Year Annual Annual Annual Inception Contract
Return Return Return Return Return Return Date Charges*
Vendor Fund Name % % % % % % %
VALIC Capital Conservation Fund (PineBridge Investments) 2.58 0.64 2.82 3.47 3.47 01/16/1986 1.43
Government Securities Fund (SunAmerica) 2.72 1.35 2.84 3.09 3.09 01/16/1986 1.44
Vanguard Long-Term Investment-Grade Fund 6.52 0.46 7.83 6.70 6.70 07/09/1973 1.02
Vanguard Long-Term Treasury Fund 8.06 1.73 8.59 6.84 6.84 05/19/1986 1.00
INTERNATIONAL FIXED INCOME FUNDS These funds generally invest in bonds issued by governments and companies outside of the United States.
5 Year 10 Year Life of
Three Year One Average Average Fund Avg. Fund Total
Month To Date Year Annual Annual Annual Inception Contract
Return Return Return Return Return Return Date Charges*
Vendor Fund Name % % % % % % %
VALIC International Government Bond Fund (PineBridge Investments) 6.29 3.13 1.30 3.57 3.57 10/01/1991 1.45
HIGH YIELD FIXED INCOME FUNDS These funds generally invest in below-investment-grade corporate bonds ("junk bonds"). These bonds offer
higher payments, but also carry an increased risk of default when compared to investment grade bonds.
5 Year 10 Year Life of
Three Year One Average Average Fund Avg. Fund Total
Month To Date Year Annual Annual Annual Inception Contract
Return Return Return Return Return Return Date Charges*
Vendor Fund Name % % % % % % %
VALIC High Yield Bond Fund (Wellington) 2.67 -3.49 3.54 4.05 4.05 09/22/1998 1.51
1
BALANCED FUNDS These funds generally invest in a mix of stocks, bonds and cash. They usually seek a risk/return profile in
between fixed income and equities.
5 Year 10 Year Life of
Three Year One Average Average Fund Avg. Fund Total
Month To Date Year Annual Annual Annual Inception Contract
Return Return Return Return Return Return Date Charges*
Vendor Fund Name % % % % % % %
VALIC Vanguard Wellington Fund 1.64 0.05 7.37 6.03 6.03 07/01/1929 1.31
ASSET ALLOCATION FUNDS These funds generally invest in a mix of stocks, bonds and cash. Unlike traditional balance funds,
asset allocation funds often seek to maximize returns by shifting their mix between stocks, bonds and cash,
based on the portfolio manager's opinion of which asset class will have greater returns.
5 Year 10 Year Life of
Three Year One Average Average Fund Avg. Fund Total
Month To Date Year Annual Annual Annual Inception Contract
Return Return Return Return Return Return Date Charges*
Vendor Fund Name % % % % % % %
VALIC Asset Allocation Fund (PineBridge Investments) -0.29 -4.21 5.20 5.04 5.04 09/06/1983 1.50
Aggressive Growth Lifestyle (PineBridge Investments) 0.33 -4.06 6.19 5.07 5.07 09/22/1998 1.40
Conservative Growth Lifestyle (PineBridge Investments) 1.55 -2.74 4.31 4.71 4.71 09/22/1998 1.42
Dynamic Allocation (AllBr/SnAm) 0.39 -5.89 NA 4.16 4.16 09/22/1998 1.72
Moderate Growth Lifestyle (PineBridge Investments) 1.07 -3.15 5.52 5.11 5.11 09/22/1998 1.40
INDEX FUNDS (stock funds) These funds are available in many styles and versus many different indices, index funds attempt to match the
performances of a specific index (as opposed to actively managed funds, which normally seek to outperform
a target index).
5 Year 10 Year Life of
Three Year One Average Average Fund Avg. Fund Total
Month To Date Year Annual Annual Annual Inception Contract
Return Return Return Return Return Return Date Charges*
Vendor Fund Name % % % % % % %
VALIC Mid Cap Index Fund (SunAmerica) 3.57 -4.61 8.33 6.62 6.62 10/01/1991 1.16
Small Cap Index Fund (SunAmerica) -1.68 -10.48 6.22 4.24 4.24 05/01/1992 1.20
Stock Index Fund (SunAmerica) 1.06 0.65 10.31 5.81 5.81 04/20/1987 1.14
LARGE CAP VALUE FUNDS (stock funds) These funds generally invest in stock of companies on the higher-end of the market capitalization size spectrum.
They generally invest in companies which they believe to be undervalued relative to the market.
5 Year 10 Year Life of
Three Year One Average Average Fund Avg. Fund Total
Month To Date Year Annual Annual Annual Inception Contract
Return Return Return Return Return Return Date Charges*
Vendor Fund Name % % % % % % %
VALIC Vanguard Windsor II Fund -0.05 -3.95 8.51 4.67 4.67 06/24/1985 1.39
Dividend Value Fund (BlackRock/SunAmerica) 3.57 2.07 9.99 5.07 5.07 12/08/2000 1.62
2
LARGE CAP CORE FUNDS (stock funds) These funds generally invest in stock of companies on the higher-end of the market capitalization size spectrum.
They invest in both large cap growth and large cap value stocks, and/or in stocks which are not generally
perceived to be distinctly growth or value.
5 Year 10 Year Life of
Three Year One Average Average Fund Avg. Fund Total
Month To Date Year Annual Annual Annual Inception Contract
Return Return Return Return Return Return Date Charges
Vendor Fund Name % % % % % % %
VALIC Core Equity Fund (BlackRock) -0.98 -4.33 8.11 4.19 4.19 04/29/1994 1.60
Growth & Income Fund (SunAmerica) -0.23 -1.30 8.49 4.59 4.59 04/29/1994 1.65
Global Social Awareness Fund (PineBridge Investments) 0.10 -3.72 7.10 3.89 3.89 10/02/1989 1.42
LARGE CAP GROWTH FUNDS (stock funds) These funds generally invest in stock of companies on the higher-end of the market capitalization size spectrum.
They generally invest in companies which they believe to have superior growth prospects.
5 Year 10 Year Life of
Three Year One Average Average Fund Avg. Fund Total
Month To Date Year Annual Annual Annual Inception Contract
Return Return Return Return Return Return Date Charges*
Vendor Fund Name % % % % % % %
VALIC Growth Fund (American Century)***** -1.16 -1.69 8.92 5.93 5.93 12/05/2005 1.60
Large Capital Growth (SunAmerica/Invesco AIM)***** 3.19 0.85 7.86 5.06 5.06 12/20/2004 1.55
MID CAP VALUE FUNDS (stock funds) These funds generally invest in stock of companies on the middle-end of the market capitalization size spectrum.
They generally invest in companies which they believe to be undervalued relative to the market.
5 Year 10 Year Life of
Three Year One Average Average Fund Avg. Fund Total
Month To Date Year Annual Annual Annual Inception Contract
Return Return Return Return Return Return Date Charges*
Vendor Fund Name % % % % % % %
VALIC Ariel Appreciation Fund 0.89 -9.87 8.28 6.62 6.62 12/01/1989 1.92
MID CAP GROWTH FUNDS (stock funds) These funds generally invest in stock of companies on the middle-end of the market capitalization size spectrum.
They generally invest in companies which they believe to have superior growth prospects.
5 Year 10 Year Life of
Three Year One Average Average Fund Avg. Fund
Month To Date Year Annual Annual Annual Inception
Return Return Return Return Return Return Date
Vendor Fund Name % % % % % %
VALIC Mid Cap Strategic Growth(RCM/Morgan Stanley) 0.53 -6.55 5.13 4.86 4.86 12/20/2004 1.61
3
SMALL CAP VALUE FUNDS (stock funds) These funds generally invest in stock of companies on the lower-end of the market capitalization size spectrum.
They generally invest in companies which they believe to be undervalued relative to the market.
5 Year 10 Year Life of
Three Year One Average Average Fund Avg. Fund Total
Month To Date Year Annual Annual Annual Inception Contract
Return Return Return Return Return Return Date Charges*
Vendor Fund Name % % % % % % %
VALIC Ariel Fund -0.52 -11.10 7.66 4.91 4.91 11/06/1986 1.82
SMALL CAP CORE FUNDS (stock funds) These funds generally invest in stock of companies on the lower-end of the market capitalization size spectrum.
They invest in both small cap growth and small cap value stocks, and / or in stocks which are not generally
perceived to be distinctly growth or value.
5 Year 10 Year Life of
Three Year One Average Average Fund Avg. Fund Total
Month To Date Year Annual Annual Annual Inception Contract
Return Return Return Return Return Return Date Charges*
Vendor Fund Name % % % % % % %
VALIC Small Cap Fund (Invesco/T.Rowe Price/Bridgeway) -0.22 -9.47 6.77 4.02 4.02 12/08/2000 1.73
SMALL CAP GROWTH FUNDS (stock funds) These funds generally invest in stock of companies on the lower-end of the market capitalization size spectrum.
They generally invest in companies which they believe to have superior growth prospects.
5 Year 10 Year Life of
Three Year One Average Average Fund Avg. Fund Total
Month To Date Year Annual Annual Annual Inception Contract
Return Return Return Return Return Return Date Charges*
Vendor Fund Name % % % % % % %
VALIC Small Cap Aggressive Growth Fund (RS Investments) -11.24 -17.76 7.25 5.49 5.49 12/05/2005 1.79
GLOBAL STOCK FUNDS These funds generally invest in the stocks of United States companies and in the stocks of companies whose
headquarters are located outside of the United States.
5 Year 10 Year Life of
Three Year One Average Average Fund Avg. Fund Total
Month To Date Year Annual Annual Annual Inception Contract
Return Return Return Return Return Return Date Charges*
Vendor Fund Name % % % % % % %
VALIC Emerging Economies (formerly Global Equity) Fund (JPMorgan) 4.86 -13.05 -4.33 -2.77 -2.77 12/05/2005 1.74
Global Strategy Fund (Franklin Templeton) -2.16 -9.09 3.98 5.42 5.42 12/05/2005 1.44
4
FOREIGN STOCK FUNDS These funds generally invest in the stocks of companies whose headquarters are located outside of the United
States. The principal markets foreign stock funds invest in are usually located in Western Europe and Japan.
5 Year 10 Year Life of
Three Year One Average Average Fund Avg. Fund Total
Month To Date Year Annual Annual Annual Inception Contract
Return Return Return Return Return Return Date Charges*
Vendor Fund Name % % % % % % %
VALIC International Equities Fund (PineBridge Investments) -2.77 -9.27 0.53 0.01 0.01 10/02/1989 1.24
International Growth I Fund (AmerCentury/Invesco/MFS) -2.18 -7.46 2.75 2.86 2.86 12/08/2000 1.81
Foreign Value Fund (Templeton Global) -0.30 -11.94 -0.52 1.15 1.15 12/05/2005 1.59
SPECIALTY FUNDS
5 Year 10 Year Life of
Three Year One Average Average Fund Avg. Fund Total
Month To Date Year Annual Annual Annual Inception Contract
Return Return Return Return Return Return Date Charges*
Vendor Fund Name % % % % % % %
VALIC Science & Technology Fund (T. Rowe Price/RCM/Wellington) -2.76 1.09 10.12 7.98 7.98 04/29/1994 1.78
HYBRID FUNDS
5 Year 10 Year Life of
Three Year One Average Average Fund Avg. Fund Total
Month To Date Year Annual Annual Annual Inception Contract
Return Return Return Return Return Return Date Charges*
Vendor Fund Name % % % % % % %
VALIC T. Rowe Price Retirement 2015 ADV 1.70 -1.75 4.92 3.15 3.15 05/31/2007 1.67
T. Rowe Price Retirement 2020 ADV 1.23 -2.37 5.42 4.45 4.45 10/31/2003 1.71
T. Rowe Price Retirement 2025 ADV 0.87 -2.83 5.83 3.21 3.21 05/31/2007 1.74
T. Rowe Price Retirement 2030 ADV 0.54 -3.27 6.18 4.65 4.65 10/31/2003 1.77
T. Rowe Price Retirement 2035 ADV 0.12 -3.72 6.36 3.27 3.27 05/31/2007 1.79
T. Rowe Price Retirement 2040 ADV -0.15 -4.07 6.51 4.78 4.78 10/31/2003 1.80
T. Rowe Price Retirement 2045 ADV -0.13 -4.07 6.52 3.38 3.38 05/31/2007 1.80
T. Rowe Price Retirement 2050 ADV -0.12 -4.08 6.53 4.18 4.18 12/29/2006 1.80
T. Rowe Price Retirement 2055 ADV -0.12 -4.10 6.53 3.36 3.36 05/31/2007 1.80
T. Rowe Price Retirement 2060 ADV -0.20 -4.08 NA -0.77 -0.77 06/23/2014 1.80
VALIC fund returns include 10 year average return when fund has been in existence for at least 10 years.
If fund is less than 10 years old, then life of fund average is included.
VALIC does not report 3-month returns.
* TOTAL CONTRACT CHARGES include the fund expense ratio as well as mortality and administrative expenses (if applicable).
EXPENSE RATIO is the percent of the fund's total net assets spent for the operation and management of the fund.
Performance returns are net of expenses
RISK EXPENSE in fixed annuities represents the cost of insuring account accumulations.
(n/a) Not applicable
