Unit value as of 11/21/2008: $136.78
Total return year-to-date as of 11/21/2008: -47.69% 3-month cumulative rate of return as of 09/30/2008: -12.86% Net invested assets as of 09/30/2008: $100.96 billion Expense charge*: 0.56% Inception date: 08/01/1952 Investment class: U.S./International Equity |
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The performance data quoted represents past performance, and is no guarantee of future results. Your returns and the principal value of your investment will fluctuate so that your accumulation units, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted above.
| * | We estimate expenses for the year based on projected expense and asset levels. Differences between estimated and actual expenses are adjusted quarterly and reflected in current investment results. |
| † | The account's benchmark is a composite index weighted to reflect the relative sizes of the domestic and foreign segments. Most of the benchmark's return comes from the performance of the Russell® 3000 Index, an unmanaged index of stocks of the 3,000 largest publicly traded U.S. companies, based on market capitalization. The remaining portion comes from the performance of the Morgan Stanley Capital International (MSCI) EAFE® + Canada Index, the MSCI Emerging Markets IndexSM and the MSCI EAFE® + Canada Small Cap Index, all of which represent foreign stock markets. You cannot invest directly in these indices. |
TIAA-CREF Individual & Institutional Services, LLC and Teachers Personal Investors Services, Inc., members FINRA, distribute securities products. You should consider the investment objectives, risks, charges and expenses carefully before investing. Please click here or call 1 877 518-9161 for a prospectus that contains this and other information. Please read the prospectus carefully before investing. TIAA (Teachers Insurance and Annuity Association) New York, NY issues annuities. Investment products are not FDIC insured, may lose value, and are not bank guaranteed.
© 2008 and prior years, Teachers Insurance and Annuity Association - College Retirement Equities Fund (TIAA-CREF), New York, NY 10017
