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TIAA-CREF Funds - Institutional Class

Enhanced International Equity Index

(TFIIX)

The Fund seeks a long-term total return, mainly through capital appreciation, primarily from equity securities of foreign issuers.
Net asset value as of 11/06/2009: $6.74
Total return year-to-date as of 11/06/2009: 25.51%
Fund's net invested assets as of 09/30/2009: $359.20 million
Gross Expense Ratio: 0.72%
Net Expense Ratio*: 0.55%
Inception date: 11/30/2007
Investment class: International
Performance Comparison
  Performance Data
as of 11/06/2009
Average Annual Total Returns
as of 10/31/2009
Net Asset
Value
Net
Change
YTD
Return
1 Year 3 Year 5 Year 10 Year Since
Inception1
Enhanced International Equity Index $6.74  +0.45% 25.51% 23.81% -- -- -- -18.70%
Morgan Stanley EAFE Index --  +0.49% 29.11% 27.71% -- -- -- -16.65%

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 shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted above.

The risks that the fund is subject to include market risk, company risk, foreign investment risks, index risk and small-cap risk.

1. The "Since Inception" values presented are cumulative values and not average annualized total returns.
The Morgan Stanley Capital International EAFE® (Europe, Australasia, Far East) Index measures the performance of the leading stocks in 21 developed countries outside North America. You cannot invest directly in this index. EAFE is a trademark of Morgan Stanley Capital International, Inc.

TIAA-CREF Individual & Institutional Services, LLC and Teachers Personal Investors Services, Inc. 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.  Annuity contracts and certificates are issued by Teachers Insurance and Annuity Association (TIAA) and College Retirement Equities Fund (CREF), New York, NY. Investment products are not FDIC insured, may lose value, and are not bank guaranteed.

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