Stock Funds

Types of Mutual Funds

Stock Funds

Stock or equity mutual funds may be appropriate for investors who:

• Wish to benefit from business growth of a number of companies
• Seek long-term capital growth (at least five years)
• Have higher-risk tolerance

Main Types of Stock Fund

Aggressive growth funds: Concentrate on common stock of small-capitalization companies with potential for capital appreciation.

Emerging market equity funds: Invest primarily in securities of companies based in developing regions of the world.

Global equity funds: Focus primarily in worldwide equity securities, including those of U.S. companies.

Growth and income funds: Combine long-term capital growth with steady income from dividends. These invest primarily in common stocks of companies that offer the potential for both earnings growth and dividends.

Growth funds: Acquire primarily common stocks of companies that reinvest their earnings into expansion, acquisitions, and/or research and development with the potential for capital appreciation rather than generate a flow of dividends.

Income equity funds: Seek income by investing primarily in equity securities of companies with consistent dividends.

International equity funds: Allocate at least two-thirds of their portfolios in equity securities of companies located outside the U.S.

Regional equity funds: Invest in equity securities of companies based in a specific world region, such as Europe, Latin America, the Pacific Region or countries.

Sector equity funds: Target capital appreciation by investing in companies in related industries, such as financial services, healthcare, natural resources, technology or utilities.

Securities and investment advisory services are offered by AIG Retirement Advisors, Inc., member FINRA, SIPC and an SEC-registered investment advisor.

AIG Retirement is the marketing name for the group of companies comprising AIG Retirement Advisors, Inc.; AIG Retirement Services Company; and The Variable Annuity Life Insurance Company (VALIC); each of which is a subsidiary of American International Group, Inc.

This information is general in nature and may be subject to change. Neither The Variable Annuity Life Insurance Company nor its financial advisors or other representatives give legal or tax advice. Applicable laws and regulations are complex and subject to change. Any tax statements in this material are not intended to suggest the avoidance of U.S. federal, state or local tax penalties. For legal or tax advice concerning your situation, consult your attorney or professional tax advisor.