In a recent SEC filing, VALIC Co I submitted Form 497K, a document commonly used by investment companies to provide shareholders with updated pricing information for variable annuity contracts. This filing is significant as it allows investors to stay informed about the performance and fees associated with their investments in VALIC Co I’s variable annuity products. By disclosing this information, the company demonstrates transparency and accountability to its shareholders.
VALIC Co I, a subsidiary of AIG, is a leading provider of retirement solutions, offering a range of investment products including annuities and mutual funds. With a focus on helping individuals achieve financial security in retirement, VALIC Co I has established itself as a trusted partner for investors seeking long-term growth and stability in their portfolios. For more information about VALIC Co I and its offerings, please visit their website here.
Form 497K is a type of SEC filing specifically designed for investment companies to provide pricing information related to variable annuity contracts. This form allows companies like VALIC Co I to communicate important details about the performance and costs associated with their investment products, helping investors make informed decisions about their portfolios. By submitting Form 497K, VALIC Co I fulfills its regulatory obligations and ensures transparency in its communications with shareholders.
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