Units
Unit Value
Lowest to Highest ($) (5) Net Assets ($)⁽⁴⁾
Investment
Income Ratio(2) Expense Ratio(1)
Total Return Lowest to Highest(3)
SAST American Funds Asset Allocation Portfolio Class 3
2015 6 14.29 to 14.68 90 2.63% 1.30% to 1.90% 42.85% to 46.77%
SAST American Funds Global Growth Portfolio Class 3
2015 10 15.78 to 16.57 166 0.88% 1.30% to 1.90% 57.78% to 65.68%
SAST American Funds Growth Portfolio Class 3
2015 12 15.42 to 16.17 192 1.06% 1.30% to 1.90% 54.21% to 61.69%
SAST American Funds Growth-Income Portfolio Class 3
2015 6 14.82 to 15.21 95 0.63% 1.30% to 1.90% 48.24% to 52.12%
SAST Balanced Portfolio Class 3
2015 7 15.12 to 15.39 112 0.00% 1.30% to 1.90% 51.22% to 53.86%
SAST Blue Chip Growth Portfolio Class 3
2015 7 15.48 to 16.28 109 0.23% 1.30% to 1.90% 54.77% to 62.81%
SAST Capital Growth Portfolio Class 3
2015 8 14.37 to 15.14 126 0.00% 1.30% to 1.90% 43.67% to 51.39%
SAST Cash Management Portfolio Class 3
2015 5 9.11 to 9.11 51 0.00% 1.30% to 1.90% -8.88% to -8.88%
SAST Corporate Bond Portfolio Class 3
2015 22 15.32 to 15.77 339 5.87% 1.30% to 1.90% 28.68% to 57.66%
SA Legg Mason BW Large Cap Value Class 3
2015 12 13.71 to 14.38 170 0.33% 1.30% to 1.90% 37.13% to 43.80%
SAST Dogs of Wall Street Portfolio Class 3
2015 9 18.23 to 19.19 173 2.14% 1.30% to 1.90% 82.27% to 91.95%
SAST Dynamic Allocation Portfolio Class 3
2015 1,808 11.47 to 11.75 21,228 1.14% 1.30% to 1.90% 14.73% to 17.49%
SAST Emerging Markets Portfolio Class 3
2015 6 8.57 to 9.02 55 2.46% 1.30% to 1.90% -14.34% to -9.84%
SAST Equity Opportunities Portfolio Class 3
2015 30 15.00 to 15.77 463 0.66% 1.30% to 1.90% 50.01% to 57.65%
SAST Foreign Value Portfolio Class 3
2015 11 9.79 to 10.26 108 2.85% 1.30% to 1.90% -2.11% to 2.58% A summary of unit values and units outstanding for variable accounts and the expense ratios, excluding expenses of the underlying funds, total return and investment income ratios for the years ended December 31, 2015, 2014, 2013, 2012, and 2011, follows:
Note 7 - Financial Highlights - Continued
Units
Unit Value
Lowest to Highest ($) (5) Net Assets ($)⁽⁴⁾
Investment
Income Ratio(2) Expense Ratio(1)
Total Return Lowest to Highest(3) A summary of unit values and units outstanding for variable accounts and the expense ratios, excluding expenses of the underlying funds, total return and investment income ratios for the years ended December 31, 2015, 2014, 2013, 2012, and 2011, follows:
At December 31 For the year ended December 31
SAST Global Bond Portfolio Class 3
2015 12 11.51 to 12.05 147 0.00% 1.30% to 1.90% 20.51% to 53.25%
SAST Growth Opportunities Portfolio Class 3
2015 1 17.59 to 17.59 21 0.00% 1.30% to 1.90% 75.86% to 75.86%
SAST Growth-Income Portfolio Class 3
2015 19 14.48 to 15.14 278 2.24% 1.30% to 1.90% 44.79% to 51.42%
SAST High-Yield Bond Portfolio Class 3
2015 7 12.51 to 12.89 84 7.00% 1.30% to 1.90% 25.09% to 28.93%
SAST International Diversified Equities Portfolio
2015 10 9.81 to 10.32 101 2.60% 1.30% to 1.90% -1.93% to 3.17%
SAST Marsico Focused Growth Portfolio Class 3
2015 7 15.60 to 16.43 108 0.00% 1.30% to 1.90% 55.98% to 64.29%
SAST MFS Massachusetts Investors Trust Portfolio
2015 17 15.98 to 16.87 288 0.85% 1.30% to 1.90% 59.78% to 68.67%
SAST MFS Total Return Portfolio Class 3
2015 4 14.02 to 14.26 56 0.80% 1.30% to 1.90% 40.21% to 42.60%
SAST Mid-Cap Growth Portfolio Class 3
2015 3 19.49 to 20.00 54 0.00% 1.30% to 1.90% 94.85% to 99.98%
SAST Protected Asset Allocation SAST Portfolio Class 3
2015 434 11.65 to 11.78 5,106 0.00% 1.30% to 1.90% 16.53% to 17.81%
SAST Real Estate Portfolio Class 3
2015 1 11.63 to 11.83 12 1.56% 1.30% to 1.90% 16.32% to 18.29%
SAST Small & Mid Cap Value Portfolio Class 3
2015 4 16.66 to 17.48 77 0.46% 1.30% to 1.90% 66.63% to 74.78%
SAST Small Company Value Portfolio Class 3
2015 6 13.44 to 14.09 79 0.10% 1.30% to 1.90% 34.43% to 40.91%
SAST SunAmerica Dynamic Strategy Portfolio Class 3
2015 1,617 11.38 to 11.63 18,800 0.95% 1.30% to 1.90% 13.85% to 16.29%
SAST Technology Portfolio Class 3
2015 2 17.35 to 17.65 28 0.00% 1.30% to 1.90% 73.47% to 76.48%
SAST Telecom Utility Portfolio Class 3
Note 7 - Financial Highlights - Continued
Units
Unit Value
Lowest to Highest ($) (5) Net Assets ($)⁽⁴⁾
Investment
Income Ratio(2) Expense Ratio(1)
Total Return Lowest to Highest(3) A summary of unit values and units outstanding for variable accounts and the expense ratios, excluding expenses of the underlying funds, total return and investment income ratios for the years ended December 31, 2015, 2014, 2013, 2012, and 2011, follows:
At December 31 For the year ended December 31
SAST Total Return Bond Portfolio Class 3
2015 43 13.15 to 13.66 584 1.53% 1.30% to 1.90% 15.13% to 36.56%
SAST VCP Total Return Balanced Portfolio
2015 345 10.68 to 10.78 3,719 0.00% 1.30% to 1.90% 6.84% to 7.84%
SAST VCP Value Portfolio
2015 389 11.25 to 11.36 4,413 0.23% 1.30% to 1.90% 12.54% to 13.60%
SST Allocation Balanced Portfolio Class 3
2015 4 13.65 to 13.65 58 2.67% 1.30% to 1.90% 36.48% to 36.48%
SST Allocation Growth Portfolio Class 3
2015 14 14.11 to 14.35 194 2.87% 1.30% to 1.90% 41.14% to 43.47%
SST Allocation Moderate Growth Portfolio Class 3
2015 36 13.43 to 13.79 485 2.77% 1.30% to 1.90% 34.35% to 37.94%
SST Allocation Moderate Portfolio Class 3
2015 3 13.70 to 13.70 34 2.61% 1.30% to 1.90% 36.99% to 36.99%
SST Real Return Portfolio Class 3
2015 12 10.79 to 11.19 132 6.79% 1.30% to 1.90% 7.88% to 11.91%
SunAmerica 2020 High Watermark Fund
2015 7,111 1.12 to 1.17 8,011 2.63% 0.65% to 1.25% 0.02% to 0.43% 2014 8,675 1.12 to 1.17 9,768 2.63% 0.65% to 1.25% 2.93% to 3.34% 2013 10,588 1.09 to 1.13 11,583 2.50% 0.65% to 1.25% -7.00% to -6.63% 2012 13,367 1.17 to 1.21 15,716 2.31% 0.65% to 1.25% 2.96% to 3.37% 2011 16,423 0.95 to 1.17 18,751 2.73% 0.65% to 1.25% 15.90% to 16.59%
T Rowe Price Retirement 2015 Fund
2015 2,030 0.98 to 0.98 1,986 3.11% 0.60% to 1.00% -1.99% to -1.95%
T Rowe Price Retirement 2020 Fund
2015 6,826 0.98 to 0.98 6,687 3.10% 0.60% to 1.00% -1.83% to -1.65%
T Rowe Price Retirement 2025 Fund
2015 5,003 0.98 to 0.99 4,911 2.75% 0.60% to 1.00% -1.58% to -1.46%
T Rowe Price Retirement 2030 Fund
2015 5,023 0.98 to 0.99 4,933 2.64% 0.60% to 1.00% -1.50% to -1.40%
T Rowe Price Retirement 2035 Fund
2015 3,262 0.98 to 0.99 3,209 2.30% 0.60% to 1.00% -1.31% to -1.24%
T Rowe Price Retirement 2040 Fund
Note 7 - Financial Highlights - Continued
Units
Unit Value
Lowest to Highest ($) (5) Net Assets ($)⁽⁴⁾
Investment
Income Ratio(2) Expense Ratio(1)
Total Return Lowest to Highest(3) A summary of unit values and units outstanding for variable accounts and the expense ratios, excluding expenses of the underlying funds, total return and investment income ratios for the years ended December 31, 2015, 2014, 2013, 2012, and 2011, follows:
At December 31 For the year ended December 31
T Rowe Price Retirement 2045 Fund
2015 1,961 0.98 to 0.99 1,929 1.98% 0.60% to 1.00% -1.29% to -1.24%
T Rowe Price Retirement 2050 Fund
2015 1,078 0.98 to 0.99 1,060 2.17% 0.60% to 1.00% -1.23% to -1.23%
T Rowe Price Retirement 2055 Fund
2015 544 0.98 to 0.99 536 2.12% 0.60% to 1.00% -1.24% to -1.23%
T Rowe Price Retirement 2060 Fund
2015 445 0.98 to 0.99 438 1.84% 0.60% to 1.00% -1.23% to -0.66%
VALIC Co. I Asset Allocation Fund
2015 22,849 1.27 to 8.39 164,771 2.12% 0.40% to 1.85% -2.28% to -1.05% 2014 23,984 1.30 to 8.48 175,376 1.74% 0.40% to 1.85% 3.43% to 4.73% 2013 24,528 1.25 to 8.10 173,219 0.00% 0.40% to 1.85% 13.84% to 15.27% 2012 24,967 1.10 to 7.03 154,635 2.16% 0.40% to 1.85% 11.24% to 12.64% 2011 24,285 0.99 to 6.24 135,824 2.47% 0.40% to 1.85% -0.92% to 0.52%
VALIC Co. I Blue Chip Growth Fund
2015 315,722 1.03 to 1.87 594,477 0.00% 0.00% to 1.85% 2.90% to 9.00% 2014 316,697 1.72 to 1.80 542,589 0.17% 0.40% to 1.85% 7.14% to 8.49% 2013 335,064 1.60 to 1.66 530,958 0.00% 0.40% to 1.85% 38.60% to 40.34% 2012 359,500 1.13 to 1.18 407,535 5.00% 0.40% to 1.85% 15.96% to 17.42% 2011 363,493 0.90 to 1.01 352,236 2.00% 0.40% to 1.85% -0.40% to 1.06%
VALIC Co. I Broad Cap Value Income Fund
2015 27,164 1.53 to 1.76 45,884 1.75% 0.40% to 1.85% -3.14% to -1.92% 2014 28,660 1.58 to 1.79 49,558 1.19% 0.40% to 1.85% 5.56% to 6.89% 2013 25,690 1.50 to 1.68 41,756 0.00% 0.40% to 1.85% 33.97% to 35.65% 2012 26,193 1.12 to 1.24 31,467 0.70% 0.40% to 1.85% 11.89% to 13.30% 2011 24,927 0.90 to 1.09 26,600 1.76% 0.40% to 1.85% -0.19% to 1.26%
VALIC Co. I Capital Conservation Fund
2015 43,744 1.07 to 4.12 163,372 2.01% 0.40% to 1.85% -1.64% to -0.40% 2014 47,680 1.09 to 4.14 177,337 2.82% 0.40% to 1.85% 4.05% to 5.36% 2013 47,155 1.05 to 3.93 166,143 0.00% 0.40% to 1.85% -4.16% to -2.96% 2012 54,326 1.09 to 4.05 201,474 2.50% 0.40% to 1.85% 4.12% to 5.43% 2011 44,908 1.05 to 3.84 158,903 3.29% 0.40% to 1.85% 4.87% to 6.40%
VALIC Co. I Core Equity Fund
2015 71,811 1.36 to 1.53 236,140 0.97% 0.40% to 1.85% -3.65% to -2.24% 2014 79,936 1.39 to 1.59 270,572 1.16% 0.40% to 1.85% 9.48% to 11.08% 2013 87,739 1.25 to 1.45 268,685 0.00% 0.40% to 1.85% 32.40% to 34.33% 2012 95,915 0.93 to 2.46 219,871 1.49% 0.40% to 1.85% 12.10% to 13.74% 2011 105,328 0.82 to 2.17 213,715 1.08% 0.40% to 1.85% -2.30% to -0.88%
VALIC Co. I Dividend Value Fund
2015 199,846 1.37 to 1.57 523,407 2.21% 0.40% to 1.85% -2.48% to -1.05% 2014 240,335 1.38 to 1.61 640,478 1.79% 0.40% to 1.85% 7.21% to 8.78% 2013 221,351 1.27 to 1.50 545,977 0.00% 0.40% to 1.85% 27.69% to 29.55% 2012 215,635 0.98 to 2.11 414,565 1.85% 0.40% to 1.85% 10.51% to 12.12% 2011 137,547 0.87 to 1.89 237,769 1.68% 0.40% to 1.85% 6.20% to 7.74%
Note 7 - Financial Highlights - Continued
Units
Unit Value
Lowest to Highest ($) (5) Net Assets ($)⁽⁴⁾
Investment
Income Ratio(2) Expense Ratio(1)
Total Return Lowest to Highest(3) A summary of unit values and units outstanding for variable accounts and the expense ratios, excluding expenses of the underlying funds, total return and investment income ratios for the years ended December 31, 2015, 2014, 2013, 2012, and 2011, follows:
At December 31 For the year ended December 31
VALIC Co. I Dynamic Allocation Fund
2015 221,755 1.10 to 1.15 250,654 0.00% 0.40% to 1.85% -6.32% to -5.14% 2014 225,671 1.18 to 1.21 270,148 1.58% 0.40% to 1.85% 2.33% to 3.61% 2013 168,660 1.15 to 1.17 195,707 0.00% 0.40% to 1.85% 15.34% to 16.81% 2012 1 1.00 to 1.00 9,981 0.00% 0.40% to 1.85% -0.24% to -0.24% 2015 660,910 0.56 to 0.74 501,780 2.35% 0.40% to 1.85% -16.11% to -14.88% 2014 665,528 0.66 to 0.88 597,079 1.47% 0.40% to 1.85% -7.30% to -5.94% 2013 614,097 0.70 to 0.95 588,736 0.00% 0.40% to 1.85% -4.55% to -3.15% 2012 589,559 0.72 to 1.03 586,649 0.73% 0.40% to 1.85% 16.71% to 18.42% 2011 263,671 0.61 to 0.87 219,563 0.97% 0.40% to 1.85% -14.61% to -13.36%
VALIC Co. I Foreign Value Fund
2015 629,025 0.82 to 0.97 734,684 2.91% 0.00% to 1.85% -17.70% to -9.01% 2014 662,437 0.94 to 1.07 843,022 2.03% 0.40% to 1.85% -13.25% to -11.99% 2013 667,927 1.07 to 1.23 971,586 0.00% 0.40% to 1.85% 23.89% to 25.69% 2012 744,687 0.85 to 1.19 867,033 3.20% 0.40% to 1.85% 16.59% to 18.30% 2011 839,594 0.72 to 1.01 831,211 2.58% 0.40% to 1.85% -14.61% to -13.36%
VALIC Co. I Global Real Estate Fund
2015 275,160 1.29 to 1.36 363,703 2.70% 0.40% to 1.85% -1.82% to -0.58% 2014 305,180 1.31 to 1.37 407,260 4.68% 0.40% to 1.85% 10.01% to 11.39% 2013 255,138 1.19 to 1.23 306,864 0.00% 0.40% to 1.85% 2.63% to 3.92% 2012 281,040 1.16 to 1.18 326,429 1.74% 0.40% to 1.85% 28.60% to 30.22% 2011 272,862 0.89 to 0.92 244,297 2.22% 0.40% to 1.85% -9.69% to -8.37%
VALIC Co. I Global Social Awareness Fund
2015 63,101 1.22 to 1.39 351,900 2.16% 0.40% to 1.85% -2.16% to -0.73% 2014 71,601 1.23 to 1.42 404,835 1.42% 0.40% to 1.85% 5.99% to 7.54% 2013 76,200 1.14 to 1.34 402,746 0.00% 0.40% to 1.85% 26.51% to 28.36% 2012 65,030 0.89 to 4.50 267,576 1.83% 0.40% to 1.85% 16.12% to 16.83% 2011 72,176 0.76 to 3.86 255,983 1.99% 0.40% to 1.85% -7.53% to -6.55%
VALIC Co. I Global Strategy Fund
2015 246,487 1.23 to 1.88 447,174 2.83% 0.40% to 1.85% -6.50% to -5.33% 2014 263,441 1.31 to 1.99 506,654 3.35% 0.40% to 1.85% -0.03% to 1.23% 2013 281,255 1.31 to 1.96 536,276 0.00% 0.40% to 1.85% 16.62% to 18.08% 2012 273,255 1.13 to 1.66 442,647 5.69% 0.40% to 1.85% 17.35% to 18.83% 2011 335,756 0.96 to 1.40 459,716 4.41% 0.40% to 1.85% -4.01% to -2.61%
VALIC Co. I Government Securities Fund
2015 28,531 1.06 to 4.00 102,441 2.27% 0.40% to 1.85% -1.04% to 0.21% 2014 32,590 1.07 to 3.99 117,631 2.41% 0.40% to 1.85% 3.59% to 4.89% 2013 37,427 1.03 to 3.80 129,265 0.00% 0.40% to 1.85% -5.98% to -4.80% 2012 31,983 1.10 to 3.99 115,432 2.46% 0.40% to 1.85% 1.80% to 3.08% 2011 33,043 1.08 to 3.87 116,669 2.22% 0.40% to 1.85% 7.77% to 9.34%
VALIC Co. I Growth & Income Fund
2015 30,787 1.50 to 3.77 106,901 0.98% 0.40% to 1.85% -1.92% to -0.69% 2014 32,067 1.52 to 3.80 112,600 0.73% 0.40% to 1.85% 12.04% to 13.45% 2013 32,540 1.36 to 3.35 101,061 0.00% 0.40% to 1.85% 30.23% to 31.87% 2012 34,018 0.95 to 2.54 80,380 0.91% 0.40% to 1.85% 11.27% to 12.68% 2011 36,023 0.78 to 2.25 76,135 0.77% 0.40% to 1.85% -6.10% to -4.73% VALIC Co. I Emerging Economies Fund
Note 7 - Financial Highlights - Continued
Units
Unit Value
Lowest to Highest ($) (5) Net Assets ($)⁽⁴⁾
Investment
Income Ratio(2) Expense Ratio(1)
Total Return Lowest to Highest(3) A summary of unit values and units outstanding for variable accounts and the expense ratios, excluding expenses of the underlying funds, total return and investment income ratios for the years ended December 31, 2015, 2014, 2013, 2012, and 2011, follows:
At December 31 For the year ended December 31
VALIC Co. I Growth Fund
2015 563,318 1.56 to 1.58 972,368 0.61% 0.40% to 1.85% 1.20% to 2.67% 2014 577,669 1.54 to 1.54 976,737 0.83% 0.40% to 1.85% 8.70% to 10.29% 2013 605,498 1.40 to 1.42 933,492 0.00% 0.40% to 1.85% 28.70% to 30.58% 2012 665,111 1.07 to 1.22 789,736 0.72% 0.40% to 1.85% 12.80% to 14.46% 2011 674,070 0.94 to 1.07 703,255 0.70% 0.40% to 1.85% -2.44% to -1.02%
VALIC Co. I Health Sciences Fund
2015 198,619 2.97 to 4.84 908,214 0.00% 0.40% to 1.85% 10.59% to 11.98% 2014 180,847 2.69 to 4.32 741,351 0.00% 0.40% to 1.85% 29.16% to 30.79% 2013 169,471 2.08 to 3.30 533,127 0.00% 0.40% to 1.85% 48.27% to 50.13% 2012 149,863 1.40 to 2.20 315,416 0.00% 0.40% to 1.85% 29.31% to 30.94% 2011 132,174 1.08 to 1.68 213,411 0.37% 0.40% to 1.85% 8.46% to 10.04%
VALIC Co. I Inflation Protected Fund
2015 349,404 0.82 to 1.01 436,497 1.93% 0.00% to 1.85% -17.70% to -4.79% 2014 343,816 1.06 to 1.35 447,353 1.87% 0.40% to 1.85% 1.09% to 2.36% 2013 321,428 1.05 to 1.32 410,166 0.00% 0.40% to 1.85% -8.68% to -7.53% 2012 298,846 1.15 to 1.43 413,284 2.77% 0.40% to 1.85% 6.05% to 7.38% 2011 255,365 1.08 to 1.33 330,664 1.72% 0.40% to 1.85% 8.10% to 9.67%
VALIC Co. I International Equities Index Fund
2015 479,975 1.03 to 1.99 865,679 3.64% 0.40% to 1.85% -2.82% to -1.60% 2014 477,197 1.06 to 2.02 878,599 2.63% 0.40% to 1.85% -7.18% to -6.01% 2013 524,216 1.14 to 2.15 1,030,145 0.00% 0.40% to 1.85% 16.81% to 18.28% 2012 520,838 0.98 to 1.82 870,642 2.88% 0.40% to 1.85% 14.88% to 16.32% 2011 590,610 0.63 to 1.56 851,929 2.92% 0.40% to 1.85% -14.69% to -13.45%
VALIC Co. I International Government Bond Fund
2015 51,941 0.96 to 1.22 147,455 2.62% 0.40% to 1.85% -5.10% to -3.71% 2014 57,427 1.01 to 1.27 171,076 1.90% 0.40% to 1.85% -0.49% to 0.96% 2013 58,726 1.01 to 1.26 176,097 0.00% 0.40% to 1.85% -7.34% to -5.99% 2012 56,985 1.09 to 3.52 182,727 3.20% 0.40% to 1.85% 6.64% to 8.21% 2011 66,998 1.03 to 3.26 201,827 3.92% 0.40% to 1.85% 2.57% to 4.06%
VALIC Co. I International Growth Fund
2015 161,609 1.15 to 2.98 445,480 1.57% 0.40% to 1.85% -2.31% to -1.08% 2014 181,602 1.17 to 3.01 507,942 1.87% 0.40% to 1.85% -5.23% to -4.04% 2013 201,213 1.24 to 3.14 586,844 0.00% 0.40% to 1.85% 18.54% to 20.03% 2012 235,242 1.04 to 2.62 573,397 1.60% 0.40% to 1.85% 17.98% to 19.46% 2011 234,810 0.74 to 2.19 482,873 1.62% 0.40% to 1.85% -11.46% to -10.17%
VALIC Co. I Large Cap Core Fund
2015 70,024 1.70 to 2.29 154,651 1.08% 0.40% to 1.85% 1.16% to 2.43% 2014 77,828 1.68 to 2.24 168,547 0.92% 0.40% to 1.85% 11.19% to 12.59% 2013 88,578 1.51 to 1.99 170,580 0.00% 0.40% to 1.85% 33.55% to 35.23% 2012 95,261 1.13 to 1.47 136,137 1.02% 0.40% to 1.85% 16.49% to 17.95% 2011 101,911 0.97 to 1.25 124,377 0.91% 0.40% to 1.85% -2.85% to -1.44%
VALIC Co. I Large Capital Growth Fund
2015 225,299 1.35 to 1.41 380,367 0.56% 0.40% to 1.85% -1.84% to -0.41% 2014 242,825 1.36 to 1.44 414,317 0.46% 0.40% to 1.85% 9.41% to 11.00% 2013 262,881 1.22 to 1.31 406,386 0.00% 0.40% to 1.85% 29.16% to 31.04% 2012 289,231 0.93 to 1.22 343,216 0.21% 0.40% to 1.85% 10.37% to 11.98% 2011 316,720 0.83 to 1.10 337,606 0.28% 0.40% to 1.85% -7.84% to -6.49%
Note 7 - Financial Highlights - Continued
Units
Unit Value
Lowest to Highest ($) (5) Net Assets ($)⁽⁴⁾
Investment
Income Ratio(2) Expense Ratio(1)
Total Return Lowest to Highest(3) A summary of unit values and units outstanding for variable accounts and the expense ratios, excluding expenses of the underlying funds, total return and investment income ratios for the years ended December 31, 2015, 2014, 2013, 2012, and 2011, follows:
At December 31 For the year ended December 31
VALIC Co. I Mid Cap Index Fund
2015 171,943 1.49 to 1.65 2,837,816 1.06% 0.40% to 1.85% -4.29% to -2.89% 2014 181,983 1.56 to 1.70 3,132,717 1.09% 0.40% to 1.85% 7.41% to 8.97% 2013 193,124 1.45 to 1.56 3,077,255 0.00% 0.40% to 1.85% 30.67% to 32.58% 2012 206,475 1.11 to 14.69 2,515,665 1.01% 0.40% to 1.85% 15.36% to 17.05% 2011 217,217 0.96 to 12.58 2,286,604 0.90% 0.40% to 1.85% -3.80% to -2.40%
VALIC Co. I Mid Cap Strategic Growth Fund
2015 122,905 1.27 to 1.29 236,154 0.00% 0.40% to 1.85% -4.41% to -3.01% 2014 138,081 1.31 to 1.35 275,077 0.51% 0.40% to 1.85% 1.33% to 2.81% 2013 152,807 1.27 to 1.34 298,156 0.00% 0.40% to 1.85% 36.08% to 38.06% 2012 164,490 0.92 to 1.47 233,684 0.00% 0.40% to 1.85% 7.22% to 8.79% 2011 187,090 0.85 to 1.35 245,809 0.47% 0.40% to 1.85% -8.46% to -7.12%
VALIC Co. I Money Market I Fund
2015 161,058 0.91 to 1.00 321,332 0.01% 0.40% to 1.85% -1.82% to -0.39% 2014 164,766 0.93 to 1.00 331,649 0.01% 0.40% to 1.85% -1.82% to -0.39% 2013 174,678 0.95 to 1.01 353,206 0.01% 0.40% to 1.85% -1.82% to -0.39% 2012 181,065 0.96 to 2.30 370,398 0.01% 0.40% to 1.85% -1.83% to -0.39% 2011 190,836 0.98 to 2.31 395,685 0.01% 0.40% to 1.85% -1.82% to -0.39%
VALIC Co. I Nasdaq-100 Index Fund
2015 230,784 1.32 to 1.95 288,932 0.91% 0.40% to 1.85% 7.19% to 8.54% 2014 221,062 1.22 to 1.82 256,141 0.71% 0.40% to 1.85% 16.51% to 17.98% 2013 205,690 1.03 to 1.57 202,625 0.00% 0.40% to 1.85% 33.74% to 35.42% 2012 212,283 0.73 to 1.17 154,991 0.50% 0.40% to 1.85% 15.78% to 17.23% 2011 184,202 0.62 to 1.01 115,067 0.37% 0.40% to 1.85% 1.08% to 2.55%
VALIC Co. I Science & Technology Fund
2015 193,309 1.69 to 1.81 934,907 0.00% 0.40% to 1.85% 5.90% to 7.45% 2014 207,052 1.60 to 1.69 942,200 0.12% 0.40% to 1.85% 12.33% to 13.97% 2013 220,087 1.42 to 1.48 884,907 0.00% 0.40% to 1.85% 39.88% to 41.92% 2012 241,647 0.66 to 3.17 690,337 0.00% 0.40% to 1.85% 10.08% to 11.69% 2011 266,886 0.60 to 2.84 687,137 0.00% 0.40% to 1.85% -7.71% to -6.36%
VALIC Co. I Small Cap Aggressive Growth Fund
2015 53,883 1.57 to 2.22 115,362 0.00% 0.40% to 1.85% -0.36% to 0.89% 2014 49,889 1.58 to 2.20 106,181 0.00% 0.40% to 1.85% 7.89% to 9.25% 2013 56,587 1.46 to 2.02 110,639 0.00% 0.40% to 1.85% 46.99% to 48.83% 2012 55,949 1.00 to 1.35 73,916 0.00% 0.40% to 1.85% 12.96% to 14.38% 2011 60,834 0.88 to 1.18 70,524 0.00% 0.40% to 1.85% -11.85% to -10.57%
VALIC Co. I Small Cap Fund
2015 69,598 1.46 to 1.56 302,832 0.00% 0.40% to 1.85% -6.53% to -5.16% 2014 77,944 1.56 to 1.64 359,695 0.32% 0.40% to 1.85% 2.10% to 3.59% 2013 86,577 1.53 to 1.58 387,730 0.00% 0.40% to 1.85% 37.85% to 39.86% 2012 96,923 1.11 to 3.48 312,090 0.07% 0.40% to 1.85% 13.72% to 15.15% 2011 107,633 0.97 to 3.03 302,695 0.13% 0.40% to 1.85% -2.58% to -1.16%
VALIC Co. I Small Cap Index Fund
2015 168,426 1.40 to 1.47 916,967 1.10% 0.40% to 1.85% -6.23% to -4.86% 2014 181,700 1.50 to 1.55 1,051,213 1.22% 0.40% to 1.85% 2.84% to 4.34% 2013 193,566 1.46 to 1.48 1,087,389 0.00% 0.40% to 1.85% 36.10% to 38.09% 2012 205,976 1.07 to 4.62 846,828 1.28% 0.40% to 1.85% 13.93% to 15.59% 2011 225,799 0.93 to 4.00 811,189 0.97% 0.40% to 1.85% -6.06% to -4.69%
Note 7 - Financial Highlights - Continued
Units
Unit Value
Lowest to Highest ($) (5) Net Assets ($)⁽⁴⁾
Investment
Income Ratio(2) Expense Ratio(1)
Total Return Lowest to Highest(3) A summary of unit values and units outstanding for variable accounts and the expense ratios, excluding expenses of the underlying funds, total return and investment income ratios for the years ended December 31, 2015, 2014, 2013, 2012, and 2011, follows:
At December 31 For the year ended December 31
VALIC Co. I Small Cap Special Values Fund
2015 124,946 1.41 to 1.58 191,259 1.00% 0.40% to 1.85% -5.98% to -4.80% 2014 137,726 1.50 to 1.66 222,234 0.72% 0.40% to 1.85% 5.01% to 6.33% 2013 152,559 1.43 to 1.57 232,376 0.00% 0.40% to 1.85% 36.42% to 38.14% 2012 170,518 1.05 to 1.13 188,728 0.60% 0.40% to 1.85% 4.84% to 13.82% 2011 186,944 0.88 to 1.00 182,403 0.77% 0.40% to 1.85% -5.93% to -5.36%
VALIC Co. I Small Mid Growth Fund
2015 75,233 1.45 to 1.66 120,361 0.00% 0.40% to 1.85% -2.46% to -1.23% 2014 74,225 1.48 to 1.68 120,734 0.03% 0.40% to 1.85% 9.04% to 10.41% 2013 86,006 1.36 to 1.52 127,108 0.00% 0.40% to 1.85% 32.29% to 33.95% 2012 91,849 1.03 to 1.14 101,706 0.00% 0.40% to 1.85% 2.86% to 10.94% 2011 98,545 0.91 to 1.02 98,730 0.00% 0.40% to 1.85% -5.31% to -4.75%
VALIC Co. I Stock Index Fund
2015 469,713 1.62 to 73.41 3,864,263 1.62% 0.33% to 1.85% -0.80% to 0.72% 2014 509,445 1.48 to 72.89 4,460,478 1.59% 0.33% to 1.85% 12.83% to 12.91% 2013 543,134 1.31 to 64.55 2,146,977 0.00% 0.33% to 1.85% 31.39% to 32.93% 2012 575,726 1.00 to 48.56 1,747,315 1.78% 0.33% to 1.85% 14.87% to 15.12% 2011 612,543 0.87 to 42.27 1,360,440 1.68% 0.33% to 1.85% 1.34% to 1.41%
VALIC Co. I Value Fund
2015 46,550 1.47 to 2.04 90,362 1.53% 0.40% to 1.85% -4.95% to -3.76% 2014 51,425 1.55 to 2.12 104,102 1.61% 0.40% to 1.85% 9.36% to 10.73% 2013 58,431 1.42 to 1.92 107,189 0.00% 0.40% to 1.85% 28.73% to 30.35% 2012 64,658 1.10 to 1.47 91,345 2.12% 0.40% to 1.85% 14.80% to 16.24% 2011 94,147 0.80 to 1.26 114,983 1.31% 0.40% to 1.85% -4.06% to -2.66%
VALIC Co. II Aggressive Growth Lifestyle Fund
2015 186,171 1.34 to 2.92 509,379 1.64% 0.15% to 1.60% -2.47% to -1.24% 2014 185,273 1.37 to 2.96 515,140 0.92% 0.15% to 1.60% 2.64% to 3.94% 2013 170,127 1.34 to 2.84 456,690 0.00% 0.15% to 1.60% 20.03% to 21.54% 2012 151,965 1.11 to 2.34 336,975 1.53% 0.15% to 1.60% 13.38% to 14.80% 2011 110,693 0.95 to 2.04 214,836 2.04% 0.15% to 1.60% -1.75% to -0.32%
VALIC Co. II Capital Appreciation Fund
2015 23,015 1.67 to 1.84 39,745 0.32% 0.15% to 1.60% 4.12% to 5.43% 2014 25,635 1.60 to 1.74 42,148 0.44% 0.15% to 1.60% 6.88% to 8.22% 2013 27,282 1.50 to 1.61 41,604 0.00% 0.15% to 1.60% 33.92% to 35.60% 2012 30,004 0.81 to 1.19 33,868 0.47% 0.15% to 1.60% 16.07% to 17.53% 2011 29,258 0.70 to 1.20 28,216 0.47% 0.15% to 1.60% -3.44% to -2.03%
VALIC Co. II Conservative Growth Lifestyle Fund
2015 122,367 1.19 to 2.76 315,811 2.26% 0.15% to 1.60% -2.92% to -1.70% 2014 123,317 1.23 to 2.81 324,988 1.93% 0.15% to 1.60% 2.01% to 3.29% 2013 110,543 1.21 to 2.72 283,012 0.00% 0.15% to 1.60% 7.61% to 8.96% 2012 92,004 1.12 to 2.50 216,627 2.30% 0.15% to 1.60% 10.11% to 11.49% 2011 63,788 1.02 to 2.24 135,919 2.76% 0.15% to 1.60% 1.79% to 3.27%
VALIC Co. II Core Bond Fund
2015 478,176 0.99 to 1.09 931,327 1.96% 0.00% to 1.60% -1.78% to -1.47% 2014 362,992 1.11 to 1.42 714,084 1.90% 0.15% to 1.60% 3.77% to 5.28% 2013 358,358 1.07 to 1.35 673,167 0.00% 0.15% to 1.60% -3.37% to -1.96% 2012 239,177 1.10 to 2.05 459,847 3.00% 0.15% to 1.60% 5.68% to 7.22% 2011 209,904 1.05 to 1.92 378,574 3.26% 0.15% to 1.60% 4.53% to 6.05%
Note 7 - Financial Highlights - Continued
Units
Unit Value
Lowest to Highest ($) (5) Net Assets ($)⁽⁴⁾
Investment
Income Ratio(2) Expense Ratio(1)
Total Return Lowest to Highest(3) A summary of unit values and units outstanding for variable accounts and the expense ratios, excluding expenses of the underlying funds, total return and investment income ratios for the years ended December 31, 2015, 2014, 2013, 2012, and 2011, follows:
At December 31 For the year ended December 31
VALIC Co. II High Yield Bond Fund
2015 151,446 1.14 to 2.55 357,921 4.76% 0.15% to 1.60% -5.19% to -4.00% 2014 136,270 1.21 to 2.66 338,332 4.88% 0.15% to 1.60% 1.22% to 2.49% 2013 129,320 1.19 to 2.59 313,222 0.00% 0.15% to 1.60% 3.51% to 4.81% 2012 129,786 1.15 to 2.48 300,387 6.16% 0.15% to 1.60% 11.94% to 13.35% 2011 105,061 1.03 to 2.18 216,844 7.19% 0.15% to 1.60% 2.75% to 4.25%
VALIC Co. II International Opportunities Fund
2015 268,732 1.13 to 2.37 596,948 1.29% 0.15% to 1.60% 6.76% to 8.10% 2014 264,766 1.06 to 2.19 546,228 1.27% 0.15% to 1.60% -6.72% to -5.54% 2013 260,892 1.13 to 2.32 571,456 0.00% 0.15% to 1.60% 19.22% to 20.72% 2012 275,156 0.95 to 1.92 501,215 2.04% 0.15% to 1.60% 20.10% to 21.61% 2011 345,788 0.63 to 1.58 519,835 1.64% 0.15% to 1.60% -20.90% to -19.74%
VALIC Co. II Large Cap Value Fund
2015 65,554 1.50 to 2.87 175,269 1.36% 0.15% to 1.60% -4.33% to -3.12% 2014 70,147 1.57 to 2.96 194,386 1.12% 0.15% to 1.60% 8.98% to 10.35% 2013 75,961 1.44 to 2.68 191,301 0.00% 0.15% to 1.60% 33.22% to 34.89% 2012 80,659 1.08 to 1.99 151,544 1.33% 0.15% to 1.60% 15.07% to 16.52% 2011 95,597 0.73 to 1.71 155,197 1.01% 0.15% to 1.60% -5.89% to -4.52%
VALIC Co. II Mid Cap Growth Fund
2015 70,382 1.29 to 1.97 129,610 0.00% 0.15% to 1.60% -2.51% to -1.28% 2014 70,017 1.33 to 1.99 131,202 0.07% 0.15% to 1.60% 0.59% to 1.85% 2013 74,465 1.32 to 1.96 137,360 0.00% 0.15% to 1.60% 28.95% to 30.57% 2012 83,075 1.02 to 1.50 117,917 0.10% 0.15% to 1.60% 9.54% to 10.92% 2011 109,257 0.84 to 1.35 140,381 0.00% 0.15% to 1.60% -6.60% to -5.24%
VALIC Co. II Mid Cap Value Fund
2015 164,206 1.45 to 1.48 832,661 0.21% 0.15% to 1.60% -2.98% to -1.56% 2014 167,438 1.49 to 1.50 866,425 0.30% 0.15% to 1.60% 5.03% to 6.56% 2013 176,026 1.41 to 1.42 859,834 0.00% 0.15% to 1.60% 32.26% to 34.19% 2012 190,393 1.05 to 3.96 700,450 0.44% 0.15% to 1.60% 19.84% to 21.59% 2011 190,365 0.86 to 3.27 580,005 0.51% 0.15% to 1.60% -10.23% to -8.92%
VALIC Co. II Moderate Growth Lifestyle Fund
2015 284,833 1.28 to 2.98 794,250 1.84% 0.15% to 1.60% -2.52% to -1.30% 2014 281,015 1.31 to 3.02 796,886 1.29% 0.15% to 1.60% 2.61% to 3.91% 2013 250,904 1.28 to 2.91 687,344 0.00% 0.15% to 1.60% 14.75% to 16.20% 2012 210,641 1.11 to 2.50 498,521 1.83% 0.15% to 1.60% 11.89% to 13.30% 2011 149,322 1.00 to 2.21 313,625 2.25% 0.15% to 1.60% -0.35% to 1.10%
VALIC Co. II Money Market II Fund
2015 137,897 0.92 to 1.31 169,405 0.01% 0.15% to 1.60% -1.58% to -0.34% 2014 129,018 0.94 to 1.31 158,688 0.01% 0.15% to 1.60% -1.58% to -0.34% 2013 146,653 0.95 to 1.31 181,686 0.01% 0.15% to 1.60% -1.58% to -0.34% 2012 137,930 0.97 to 1.32 172,581 0.01% 0.15% to 1.60% -1.58% to -0.34% 2011 152,454 0.98 to 1.32 192,060 0.01% 0.15% to 1.60% -1.57% to -0.14%
Note 7 - Financial Highlights - Continued
Units
Unit Value
Lowest to Highest ($) (5) Net Assets ($)⁽⁴⁾
Investment
Income Ratio(2) Expense Ratio(1)
Total Return Lowest to Highest(3) A summary of unit values and units outstanding for variable accounts and the expense ratios, excluding expenses of the underlying funds, total return and investment income ratios for the years ended December 31, 2015, 2014, 2013, 2012, and 2011, follows:
At December 31 For the year ended December 31
VALIC Co. II Small Cap Growth Fund
2015 31,399 1.45 to 2.78 81,854 0.00% 0.15% to 1.60% -2.80% to -1.57% 2014 34,657 1.49 to 2.83 92,186 0.00% 0.15% to 1.60% -1.57% to -0.33% 2013 38,766 1.52 to 2.84 103,555 0.00% 0.15% to 1.60% 45.35% to 47.18% 2012 40,783 0.97 to 1.93 74,470 0.00% 0.15% to 1.60% 10.58% to 11.98% 2011 43,106 0.87 to 1.72 70,618 0.00% 0.15% to 1.60% -5.68% to -4.31%
VALIC Co. II Small Cap Value Fund
2015 127,730 1.32 to 1.42 426,135 0.61% 0.15% to 1.60% -8.00% to -6.66% 2014 147,595 1.43 to 1.52 531,491 0.90% 0.15% to 1.60% 3.87% to 5.38% 2013 148,027 1.38 to 1.44 508,084 0.00% 0.15% to 1.60% 34.05% to 36.01% 2012 165,403 1.03 to 2.71 420,658 0.53% 0.15% to 1.60% 13.23% to 14.89% 2011 172,412 0.91 to 2.37 383,764 0.87% 0.15% to 1.60% -9.23% to -7.90%
VALIC Co. II Socially Responsible Fund
2015 292,340 1.70 to 2.49 730,245 1.12% 0.00% to 1.60% -0.49% to 0.36% 2014 287,491 1.71 to 2.65 716,043 1.30% 0.15% to 1.60% 13.70% to 15.13% 2013 295,532 1.51 to 2.30 640,726 0.00% 0.15% to 1.60% 33.28% to 34.96% 2012 332,810 1.13 to 1.70 536,742 1.46% 0.15% to 1.60% 13.40% to 14.83% 2011 465,306 0.89 to 1.48 656,164 1.24% 0.15% to 1.60% -0.30% to 1.15%
VALIC Co. II Strategic Bond Fund
2015 216,273 1.11 to 2.79 561,958 3.67% 0.15% to 1.60% -3.49% to -2.28% 2014 227,800 1.15 to 2.86 607,548 3.69% 0.15% to 1.60% 2.30% to 3.58% 2013 227,491 1.12 to 2.76 589,850 0.00% 0.15% to 1.60% -1.33% to -0.09% 2012 231,898 1.14 to 2.76 603,911 4.18% 0.15% to 1.60% 10.62% to 12.01% 2011 202,475 1.03 to 2.46 474,360 5.67% 0.15% to 1.60% 2.67% to 4.17%
Vanguard LifeStrategy Conservative Growth Fund
2015 42,527 1.17 to 2.08 82,922 2.16% 0.65% to 2.10% -2.25% to -1.02% 2014 42,735 1.19 to 2.10 84,501 2.14% 0.65% to 2.10% 4.73% to 6.05% 2013 42,663 1.14 to 1.98 79,830 2.00% 0.65% to 2.10% 6.81% to 8.15% 2012 42,752 1.07 to 1.83 74,254 2.35% 0.65% to 2.10% 6.92% to 8.26% 2011 39,731 1.00 to 1.69 64,120 2.34% 0.65% to 2.10% -0.35% to 1.10%
Vanguard LifeStrategy Growth Fund
2015 97,409 1.29 to 2.25 205,502 2.10% 0.65% to 2.10% -3.23% to -2.01% 2014 99,085 1.33 to 2.30 214,115 2.13% 0.65% to 2.10% 4.95% to 6.27% 2013 99,330 1.27 to 2.16 202,733 2.08% 0.65% to 2.10% 18.68% to 20.17% 2012 97,744 1.07 to 1.80 166,668 2.39% 0.65% to 2.10% 11.99% to 13.40% 2011 97,374 0.86 to 1.59 146,998 2.06% 0.65% to 2.10% -4.31% to -2.91%
Vanguard LifeStrategy Moderate Growth Fund
2015 106,334 1.24 to 2.22 221,140 2.13% 0.65% to 2.10% -2.64% to -1.41% 2014 106,092 1.27 to 2.25 224,613 2.11% 0.65% to 2.10% 4.85% to 6.16% 2013 106,715 1.21 to 2.12 213,624 2.02% 0.65% to 2.10% 12.66% to 14.07% 2012 106,449 1.07 to 1.86 187,532 2.36% 0.65% to 2.10% 9.44% to 10.81% 2011 103,448 0.95 to 1.68 165,256 2.25% 0.65% to 2.10% -1.82% to -0.39%
Vanguard Long-Term Investment-Grade Fund
2015 73,062 1.30 to 1.71 233,833 4.64% 0.40% to 1.85% -4.00% to -2.60% 2014 100,257 1.35 to 1.76 329,544 4.29% 0.40% to 1.85% 16.00% to 17.69% 2013 81,579 1.17 to 1.50 228,921 4.74% 0.40% to 1.85% -7.59% to -6.24% 2012 107,229 1.26 to 3.40 324,948 4.67% 0.40% to 1.85% 9.61% to 11.21% 2011 91,923 1.15 to 3.07 252,660 5.37% 0.40% to 1.85% 15.04% to 16.71%
Note 7 - Financial Highlights - Continued
Units
Unit Value
Lowest to Highest ($) (5) Net Assets ($)⁽⁴⁾
Investment
Income Ratio(2) Expense Ratio(1)
Total Return Lowest to Highest(3) A summary of unit values and units outstanding for variable accounts and the expense ratios, excluding expenses of the underlying funds, total return and investment income ratios for the years ended December 31, 2015, 2014, 2013, 2012, and 2011, follows:
At December 31 For the year ended December 31
Vanguard Long-Term Treasury Fund
2015 71,630 1.31 to 1.70 234,777 2.78% 0.40% to 1.85% -3.35% to -1.93% 2014 79,135 1.35 to 1.73 264,756 3.07% 0.40% to 1.85% 22.98% to 24.77% 2013 86,023 1.10 to 1.39 231,479 3.11% 0.40% to 1.85% -14.62% to -13.37% 2012 104,316 1.29 to 3.46 328,115 2.76% 0.40% to 1.85% 1.56% to 3.05% 2011 110,878 1.27 to 3.37 340,278 3.27% 0.40% to 1.85% 26.91% to 28.75%
Vanguard Wellington Fund
2015 458,029 0.97 to 1.38 1,739,836 2.58% 0.00% to 2.10% -2.02% to -0.59% 2014 475,391 1.41 to 1.52 1,830,152 2.53% 0.65% to 2.10% 7.54% to 9.11% 2013 492,356 1.31 to 1.39 1,746,521 2.54% 0.65% to 2.10% 17.18% to 18.89% 2012 511,573 1.12 to 3.46 1,537,119 2.86% 0.65% to 2.10% 10.23% to 11.84% 2011 548,042 1.02 to 3.10 1,483,510 2.97% 0.65% to 2.10% 1.70% to 3.18%
Vanguard Windsor II Fund
2015 471,077 1.32 to 1.52 1,656,936 2.18% 0.65% to 2.10% -5.23% to -3.84% 2014 501,441 1.37 to 1.60 1,845,783 2.22% 0.65% to 2.10% 8.85% to 10.44% 2013 518,076 1.24 to 1.47 1,736,698 2.12% 0.65% to 2.10% 27.98% to 29.84% 2012 550,354 0.96 to 2.95 1,431,448 2.33% 0.65% to 2.10% 14.28% to 15.96% 2011 609,057 0.83 to 2.55 1,377,632 2.23% 0.65% to 2.10% 0.57% to 2.04% (1) (2) (3) (4) (5)
These amounts represent the net asset value before the adjustments allocated to the contracts in payout period.
These amounts represent the dividends, excluding distributions of capital gains, received by the variable account from the underlying investment portfolio, net of management fees assessed by the portfolio manager, divided by the average net assets. These ratios exclude those expenses, such as mortality and expense charges, that are assessed against contract owner accounts either through reductions in the unit values or the redemption of units. The recognition of investment income by the variable account is affected by the timing of the declaration of dividends by the underlying investment portfolio in which the variable account invests. The average net assets are calculated by adding ending net asset balances at the end of each month of the year and dividing it by the number of months that the portfolio had an ending asset balance during the year.
These amounts represent the total return for the periods indicated, including changes in the value of the underlying investment portfolio, and expenses assessed through the reduction of unit values. These ratios do not include any expenses assessed through the redemption of units. Investment options with a date notation indicate the effective date of that investment option in the variable account. The total return is calculated for each period indicated or from the effective date through the end of the reporting period. Because the total return is presented as a range of minimum to maximum values, based on the product grouping representing the minimum and maximum expense ratio amounts, some individual contract total returns are not within the ranges presented.
These amounts represent the annualized contract expenses of the variable account, consisting of distribution, mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying investment portfolios have been excluded. For additional information on charges and deductions, see Note 4. The minimum and maximum ratios shown include subaccounts that may not have net assets.
Because the unit values are presented as a range of lowest to highest, based on the product grouping representing the minimum and maximum expense ratio amounts, some individual contract unit values are not within the ranges presented.