VALIC Company I International Equities Index Fund VCIEX Strategy

The investment seeks long-term capital growth through investments in equity securities that, as a group, are expected to provide investment results closely corresponding to the performance of the MSCI EAFE Index (the "index"). The fund invests, under normal circumstances, at least 80% of net assets in stocks that are in the index. In order to generate additional income, the fund may lend portfolio securities to broker-dealers and other financial institutions provided that the value of the loaned securities does not exceed 30% of the fund's total assets.