1Q
American Funds 2040 Trgt Date
Fund
2015
STYLE & RISK
FUND OBJECTIVE/STRATEGY
The investment seeks growth, income and conservation of capital.
The fund normally invests a greater portion of its assets in bond, equity income and balanced funds as it
approaches and passes its target date. It attempts to achieve its investment objectives by investing in a mix
of American Funds in different combinations and weightings. The underlying American Funds represent a
variety of fund categories such as growth funds, growth-and-income funds, equity-income funds and a
balanced fund and bond funds. The fund categories represent differing investment objectives.
Portfolio Manager Name(s) ................................. Berro, Lovelace, Smet, Phoa, Suzman
Lead Portfolio Manager Tenure (since) .......................................................Feb. 2007
Management Company........................................................................American Funds
FUND FACTS
As of 03/31/15 unless otherwise noted

RDGTX
02630T530
Target Date 2036-2040
02/01/07
$414.8
0.78%
$7.80
1.00%
Morningstar Star Rating
Ticker
CUSIP
Investment Class
Inception Date
Total Net Assets (millions)
Net Expense Ratio
1 Yr. annual operating expense for $1000†
Portfolio Turn-over Rate (as of 10/31/14)
ANNUALIZED PERFORMANCE
YTD
1 yr.
3 year numbers
Beta
R-Squared
Alpha
Sharpe
0.95
97.30
2.32
1.48
Conservative
FUND MANAGER
3 mo.
(Class R4 Shares)
Moderate
Aggressive
LARGEST HOLDINGS
As of 12/31/14
American Funds Invmt Co of Amer R6
American Funds Washington Mutual R6
American Funds AMCAP R6
American Funds American Mutual R6
American Funds Fundamental Invs R6
American Funds Growth Fund of Amer R6
American Funds New Perspective R6
American Funds SMALLCAP World R6
American Funds Capital World Gr&Inc R6
American Funds American Balanced R6
8.00%
8.00%
7.00%
7.00%
7.00%
7.00%
7.00%
7.00%
6.00%
5.00%
TOP INDUSTRY ALLOCATIONS
As of 12/31/14
As of 03/31/15
3 yr.
5 yr.
10 yr.
Life
14%
Healthcare
16.31%
Technology
12%
10%
8%
15.10%
Industrials
12.85%
Financial Services
12.66%
Consumer Cyclical
6%
12.38%
Consumer Defensive
4%
8.80%
Energy
6.91%
2%
Communication Servic es
6.10%
0%
Basic Materials
-2%
The Fund
Benchmark
Peer Group
3 mo. YTD
1 yr. 3 yr.
5 yr. 10 yr. Life
The Fund
2.25% 2.25% 7.38% 13.07% 11.20% 6.11%
Benchmark*
3.08% 3.08% 7.41% 11.47% 10.60% Morningstar Cat.** 2.65% 2.65% 6.65% 10.26% 9.56% Category Rank***
84%
84%
33%
3%
9%
* DJ Target 2040 TR USD
The Dow Jones Real Return Target Date Indexes are constructed to consider the relationship between risk and
return over time. Each index initially includes a mix of asset classes that intends to measure a phase of capital
accumulation, or one with an aggressive risk-reward strategy that might be considered consistent with earlystage growth.
** MorningStar Target Date 2036-2040
*** Category Rank represents the fund’s percentile ranking within the MorningStar Target Date
2036-2040
For funds with less than a full year of performance the returns are cumulative.
Utilities
ASSET ALLOCATION
Domestic Equities
Foreign Equities
Cash Equivalents
Domestic Fixed Income
Other Securities
Foreign Fixed Income
Preferred Securities
Convertible Securities
4.33%
3.32%
As of 12/31/14
55.5%
27.4%
7.5%
7.0%
1.7%
0.8%
0.2%
0.0%
Investment Products: Not FDIC Insured · May Lose Value · No Bank Guarantee To view or print a prospectus for a currently offered fund, visit
www.valic.com and click on Access ePrint at the right-hand side of the screen. Enter your Group ID in the Login field and click Continue. Click on "Funds" at the left-hand side of the
screen, and the funds available for your plan will be displayed. The prospectus contains the investment objectives, risks, charges, expenses and other information about the
respective investment companies that you should consider carefully before investing. Please read the prospectus carefully before investing or sending money. You can also request a
copy by calling 1-800-428-2542.
The performance data quoted represents past performance. Current performance may be higher or lower than the performance stated due to recent market volatility. Past performance does not
guarantee future result. Investment values will fluctuate and there is no assurance that the objective of any funds will be achieved. Mutual fund shares are redeemable at the then current net asset
value, which may be more or less than their original cost. Please call 1-800-448-2542 for the most recent month-end performance results.
5821 RSVP/Profile-EQ Page 1 of 2
1Q
2015
DISCLOSURES
An investment in a money market fund is not insured or guaranteed by
the Federal Deposit Insurance Corporation (FDIC) or any other
government agency. While the fund seeks to preserve the value of your
investment at $1 per share, it is possible to lose money while investing
in the fund.
Generally, higher potential returns involve greater risk and short-term volatility.
For example, small-cap, mid-cap, and emerging funds can experience
significant price fluctuation 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. Treasury 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. Investing in a singlesector fund involves greater risk and potential reward than investing in a more
diversified fund. International and global funds can experience significant price
fluctuation and returns due to business and currency risks as well as adverse
political climates. Investments in emerging markets involve greater risk, such as
increased volatility and potentially less liquidity.
The performance data quoted represents past performance. Current
performance may be higher or lower than the performance stated due
to recent market volatility. Past performance does not guarantee future
result. Investment values will fluctuate and there is no assurance that
the objective of any funds will be achieved. Mutual fund shares are
redeemable at the then current net asset value, which may be more or
less than their original cost. Please call 1-800-448-2542 for the most
recent month-end performance results.
Fees and expenses are only one of several factors that participants and beneficiaries
should consider when making investment decisions.
The cumulative effect of fees and expenses can substantially reduce the growth of a
participant's or beneficiary's retirement account; visit the Employee Benefit Security
Administration's website http://www.dol.gov/ebsa/publications/401k_employee.html
for an example demonstrating the long-term effect of fees and expenses.
†The total annual operating expense of the investment for a one-year period expressed as
a dollar amount for a $1,000 investment assuming no returns.
To view or print a prospectus for a currently offered fund, visit
www.valic.com and click on Access ePrint at the right-hand side of
the screen. Enter your Group ID in the Login field and click Continue.
Click on "Funds" at the left-hand side of the screen, and the funds
available for your plan will be displayed. The prospectus contains
the investment objectives, risks, charges, expenses and other
information about the respective investment companies that you
should consider carefully before investing. Please read the
prospectus carefully before investing or sending money. You can
also request a copy by calling 1-800-428-2542.
For funds with less than a full year of performance the returns are cumulative.
Returns reflect the deduction of fund expenses. There may be a quarterly
administration charge for investments in mutual funds, depending on the
contract.
Performance data prior to the inception date of the new class of funds is
hypothetical and reflects historical returns of an existing share class at net asset
value adjusted to reflect the additional 12B-1 fees relating to the new class of
funds. Mutual funds are classified according to Morningstar. There can be no
assurance that the funds will continue to achieve substantially similar
performance as they previously experienced. The investment return and
principal value will fluctuate so an investor’s shares, when redeemed, may be
worth more or less than their original cost. Data Source: Morningstar
Morningstar measures risk-adjusted returns. The overall rating is a weighted average
based on a fund’s three-, five- and 10-year star rating. The information contained
herein (1) is proprietary to Morningstar and/or its content providers; (2) may not be
copied or distributed; and (3) is not warranted to be accurate, complete or timely.
Neither Morningstar nor its content providers are responsible for any damages or
losses arising from any use of this information.
Morningstar calculates a Morningstar rating (based on a Morningstar risk-adjusted
return measure that accounts for variation in a fund’s monthly performance,
including the effects of sales charges), placing more emphasis on downward
variations and rewarding consistent performance. The top 10 percent of funds in
each category receive five stars, the next 22.5 percent receive four stars, the next 35
percent receive three stars, the next 22.5 percent receive two stars, and the bottom
10 percent receive one star. The fund was rated against U.S.-domiciled funds. Other
share classes may have different performance characteristics.
Data Source: Morningstar
Schwab Personal Choice Retirement Account® (if applicable to the plan) A prospectus(es) containing more complete information, including
management fees, charges and expenses, is available from Schwab (1-800-435-4000). Please read the prospectus(es) carefully before
investing. Other fees and charges for value-added services may apply. You can ask a Schwab representative for more information. Schwab’s
standard transaction fee will be charged on each redemption of fund shares bought with no transaction fee and held for 90 days or less. Schwab reserves the right
to assess Schwab’s standard transaction fees in the future should short-term trading become excessive. Schwab receives remuneration from Mutual Fund
OneSource companies. Schwab reserves the right to change the funds made available without transaction fees. Depending on the terms of your retirement plan,
your Schwab Personal Choice Retirement Account® is a custodial account established under Section 401(a), Section 403(b)(7) or Section 457 of the Internal
Revenue Code of 1986, as amended. Your rights under the account are governed by the terms of your account or your employer’s plan.
Securities and investment advisory services are offered by VALIC Financial Advisors, Inc., member FINRA, SIPC and an SEC-registered investment advisor.
Annuities issued by The Variable Annuity Life Insurance Company. Variable annuities distributed by its affiliate, AIG Capital Services, Inc., member FINRA.
VALIC represents The Variable Annuity Life Insurance Company and its subsidiaries, VALIC Financial Advisors, Inc. and VALIC Retirement Services Company.
Copyright© The Variable Annuity Life Insurance Company. All rights reserved.
This report has been prepared by Fluent Technologies, Inc. for us and is intended for distribution to retirement plans and their participants only. Portions of the mutual fund performance
information contained in this display were supplied by Morningstar. ©2014 Morningstar, Inc. All Rights Reserved. The performance information contained herein: (1) is proprietary to
Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers
are responsible for any damages or losses arising from any use of this information.
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