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Retail Mutual Funds

International Equity*

(TIINX)

The fund seeks favorable long-term returns, mainly through capital appreciation.
Net Asset Values
Click here to download the individual values represented in this graph by using our Download Data facility.
Net asset value as of 04/20/2007: $14.06
Total return year-to-date as of 04/20/2007: 10.90%
Gross Expense Ratio: 0.49%
Net Expense Ratio: 0.49%
Inception date: 09/02/1997
Investment class: International
Performance Comparison
  Performance Data
as of 04/20/2007
Average Annual Total Returns
as of 03/31/2007
Net Asset
Value
Net
Change
YTD
Return
1 Year 3 Year 5 Year 10 Year Since
Inception
International Equity $14.06 +0.50% 10.90% 23.90% 20.97% 16.86% -- 9.66%
Morgan Stanley EAFE Index -- -2.84% -49.57% -- -- -- -- --

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 and small-cap risk and mid-cap risk.

* This fund is closed to new investors.
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. 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.

C35492
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