VALIC Company II International Opportunities Fund

Class No Load (VISEX)

Fund Holdings

Asset Allocation

% Long % Net
Cash 1.26 1.26
Stocks 0.87 0.87
Bonds 0.0 0.0
Other 2.82 2.82
Foreign Bonds 0.35 0.35
Foreign Stocks 94.41 94.41
Convertible 0.0 0.0
Preferred 0.29 0.29

Updated 04.30.2014

Top 10 Holdings

Performance as of 06.30.2014

Portfolio as of 04.30.2014

Ticker YTD Return % % Net Assets
Bunzl PLC BZLFF 21.31 1.7
Bellway PLC BLWYF 1.96 1.58
Seoul Semiconductor Co Ltd 046890 --- 1.26
Jyske Bank AS JYSKF --- 1.25
Home Retail Group PLC HMRLF -7.08 1.13
Croda International PLC COIHF 0.8 1.09
Rightmove PLC RTMVF -11.68 1.05
iShares MSCI EAFE Small-Cap --- --- 0.99
Azimut Holding SPA AZIHF 8.29 0.99
OC Oerlikon Corp Inc OERL --- 0.98