Unit value as of 10/10/2008: $27.80
Total return year-to-date as of 10/10/2008: -3.91% Net invested assets as of 03/31/2008: $30.25 million Expense charge*: 0.70% Inception date: 07/21/2003 Investment class: Fixed Income As of 10/09/20081: 30-day yield 4.34% |
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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.
| ¡ | From November 30, 2007 on, the since inception performance shown is computed from the inception date of the account (the date on which the account became publicly available). Previously, since inception performance for this account was computed from the net asset value per share on the day prior to the inception date. |
| † | The Lehman Brothers U.S. Aggregate Index measures the performance of the U.S. investment-grade, fixed-rate bond market, including government and credit securities, agency mortgage pass-through securities, asset-backed securities and commercial mortgage-backed securities. You cannot invest directly in this index. |
| * | Includes both separate account and fund level charges. A portion of the separate account charges has been waived. The maximum total annual expense charge without the waiver is 1.30%. TIAA-CREF Life will provide at least 3 months notice before it raises these charges. |
| 1. | Yields shown here reflect annual expenses inclusive of those charged by the account. The current yield more closely reflects the account's current earnings than does the total return. |
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 after-tax 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
