Lifetime Variable Select

International Equity

The fund seeks a favorable long-term total return, mainly through capital appreciation, primarily from equity securities of foreign issuers.

Unit value as of 02/07/2012 : $21.4594
Total return year-to-date as of 02/07/2012 : 14.64%
Net invested assets as of 12/31/2011 : $15.81 million
Expense charge 1 : 1.20%
Inception date : 04/03/2000
Investment class : International
:
Performance Comparison
  Performance Data
as of 02/7/2012
Average Annual Total Returns
as of 01/31/2012
  Unit
Values
Net
Change
YTD
Return
1 Year 3 Year 5 Year 10 Year Since Inception
International Equity $21.4594 + 0.14% 14.64% -17.94% 13.78% -5.74% 5.19% -0.67%
Morgan Stanley EAFE Index 2 -- + 0.69% 9.12% -9.59% 13.37% -3.85% 5.82% 0.99%

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. For investments with exceptional performance, please note that performance fluctuates and currently may be lower than noted here.

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

1.
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 1.56%. TIAA-CREF Life will provide at least 3 months notice before it raises these charges.
2.
The Morgan Stanley Capital International EAFEĀ® (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., members FINRA, distribute securities products. 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.

© 2012 and prior years, Teachers Insurance and Annuity Association - College Retirement Equities Fund (TIAA-CREF), New York, NY 10017