FASAX — AIG Multi-Asset Allocation Fund

FASAX Fund Overview

FASAX — AIG Multi-Asset Allocation Fund is a US mutual fund managed by Sunamerica Series, Inc., categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Sunamerica Series, Inc.
• Category: Money Market
• Assets under management: $224.31M
• 1-year return: 36.1%
• Ticker: FASAX
• SEC CIK: 0001020861
• SEC series ID: S000007649
• Share class ID: C000020882

FASAX Investment Objective and Strategy

AIG Multi-Asset Allocation Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Sunamerica Series, Inc..

Investment objective

The investment goal of the AIG Multi-Asset Allocation Fund (the Fund) is growth of capital.

Principal investment strategy

The Funds principal investment strategy is a fund of funds strategy focusing in equities and fixed income securities. A fund of funds strategy is an investment strategy in which the assets of a fund are invested in shares of other mutual funds. A fund of funds strategy generally offers investors an efficient means of diversification among a number of mutual funds while obtaining professional management in determining which funds to select, how much of their assets to commit to each fund, and when to make the selection. The principal investment technique of the Fund is allocation of assets among a combination of AIG funds that invest in equity and fixed income securities. The Fund may also invest in the AIG Commodity Strategy Fund, which is categorized as commodity strategy, and the AIG Global Trends Fund and the AIG Income Explorer Fund, which are categorized as global strategies, in the projected asset allocation ranges below.

In addition, the Fund may invest in any other affiliated AIG fund, including the AIG Government Money Market Fund. The Fund may also invest in exchange-traded funds (ETFs), although the portfolio managers will generally only invest in ETFs to obtain exposure to a particular asset class when there is no AIG fund option available. The AIG funds in which the Fund may invest are referred to herein as the Underlying AIG Funds and together with the ETFs as the Underlying Funds. The following chart reflects the projected asset allocations under normal market conditions for the Fund (as invested through the Underlying Funds). In connection with these allocations, SunAmerica Asset Management, LLC (SunAmerica or the Adviser) will generally allocate approximately 10% of the Fund among ten different asset classes or investment styles i.e.

, six domestic equity asset classes or investment styles, as further described below, and approximately 20% in the fixed income asset class and approximately 10% each in the foreign equity, commodity strategy and global strategies asset classes. The asset classes within the Domestic Equity Securities category are expected to include allocations among large-cap, multi-cap and small-cap equity funds with various investment styles ( i.e. , funds that follow a growth, value or blended investment philosophy). Domestic Equity Securities 50% Foreign Equity Securities 10% Fixed Income Securities 20% Commodity Strategy 10% Global Strategies 10% The Adviser rebalances the Fund on an ongoing basis using cash flows. In addition, under normal market conditions, the Adviser will rebalance the Underlying AIG Funds of the Fund quarterly through exchanges, if necessary.

However, the Adviser reserves the right to rebalance the Fund through exchanges at any time the Adviser deems such rebalancing to be appropriate. For more complete information about the investment strategies and techniques of the Underlying Funds in which the Fund currently intends to invest, see Information About the Underlying Funds on pages 40-43. The Adviser may change the particular Underlying Funds from time to time without notice to investors. The principal investment strategies and principal investment techniques of the Fund may be changed without shareholder approval.

FASAX Performance

Total returns for FASAX (as of 2026-10-01), from SEC filings.

FASAX Risk Information

Risk metrics for FASAX, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 10.4%

FASAX Costs and Fees

FASAX costs about $154 per $10,000 invested per year in fund expenses.

• Net expense ratio: 1.54%
• Gross expense ratio: 1.54%
• Portfolio turnover: 10%
• Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)

FASAX Cashflows

Over the 12 months to 2021-04, AIG Multi-Asset Allocation Fund had net outflows of $20.93M, from monthly SEC N-PORT filings.

FASAX Debt Constituents

No individual debt constituents are reported in AIG Multi-Asset Allocation Fund's latest SEC N-PORT filing.

FASAX Prospectus and SEC Filings

Official AIG Multi-Asset Allocation Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2021-02-26
• Prospectus (485BPOS) — filed 2020-03-11
• Prospectus (485BPOS) — filed 2019-03-11
• Portfolio holdings (N-PORT) — filed 2021-06-29
• Portfolio holdings (N-PORT) — filed 2021-03-31
• Portfolio holdings (N-PORT) — filed 2020-12-22
• Annual census (N-CEN) — filed 2021-01-14
• Annual census (N-CEN) — filed 2020-01-13

Related Funds

Other Money Market funds tracked on ABC INVEST:

• Emerald Growth Fund (HSPCX)
• Barings Active Short Duration Bond Fund (BXDIX)
• IVA Worldwide Fund (IVWAX)
• Stadion Tactical Growth Fund (ETFDX)
• BBH Partner Fund - Select Short Term Assets (BBSTX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.