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Portfolio Director SM: Fund Profiles

The funds listed below are available within the Portfolio DirectorSM Fixed and Variable Annuity contracts. Funds are listed alphabetically within asset category. By clicking on a fund option, you will link to its profile sheet. The profile sheets include information about the fund option's strategy, adviser(s), portfolio allocation, industry allocation, and largest holdings. A variety of funds are available in different retirement plans. Depending on your retirement plan type, performance may differ from that shown here. The specific list of funds that are available for your account can be viewed on AIG Retirement Online under Fund Performance.

Generally, higher potential returns involve greater risk and short-term volatility. For example, small-cap, mid-cap, sector and emerging funds can experience significant price fluctuations due to business risks and adverse political developments. International (global) and foreign funds can experience price fluctuation due to changing market conditions, currency values, and economic and political climates. High-yield bond funds, which invest in bonds that have lower ratings, typically experience price fluctuation and a greater risk of loss of principal and income than when investing directly in U.S. government securities such as U.S. Treasure bonds and bills, which are guaranteed by the government for repayment of principal and interest if held to maturity. Mortgage-related funds’ underlying mortgages are more likely to be prepaid during periods of declining interest rates, which could hurt the fund’s share price or yield and may be prepaid more slowly during periods of rapidly rising interest rates, which might lengthen the fund’s expected maturity. Investors should carefully assess the risks associated with an investment in the fund. Fund shares are not insured and are not backed by the U.S. government, and their value and yield will vary with market conditions.

Please note: For performance to the most recent month-end, visit the Fund Performance section of this Web site.

Domestic large-cap equity options

Domestic mid-cap equity options

Domestic small-cap equity options

Global (international and domestic) equity options

International equity options

Specialty options

Hybrid (equity and fixed-income) options

Fixed-income options

Annuities are long term investments. Income taxes are payable upon withdrawal. Federal withdrawal restrictions and tax penalties may apply to early withdrawals. Annuity contracts typically include limitations, surrender charges, exclusions and expense charges.

To obtain a contract and underlying fund prospectuses, click here or call 1-800-448-2542. The prospectuses contain the investment objects, risks, charges, expenses and other information about the respective investment company that you should consider carefully before investing. Please read the prospectuses carefully before investing or sending money.

Policy Form series UIT-194, UITG-194 and UITG-194P, a group fixed and variable annuity issued and guaranteed by The Variable Annuity Life Insurance Company (VALIC), Houston, Texas.