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Intelligent Variable Annuity

PVC Mid Cap Blend Account - Class 1

Seeks to provide long-term capital appreciation.

Unit value as of 03/09/2010 : $14.30
Total return year-to-date as of 1 03/09/2010 : 4.97%
Expense charge 2 : 1.22%
Inception date : 10/23/2009
Investment class : U.S. Equity
Financial Performance
  Performance Data
as of 03/9/2010
Average Annual Total Returns
as of 02/28/2010
  Unit
Values
Net
Change
YTD
Return
1 Year 3 Year 5 Year 10 Year Since Inception 3
PVC Mid Cap Blend Account - Class 1 $14.30 + 0.14% 4.97% -- -- -- -- 17.66%

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.

Stocks of small and mid-cap stocks may have limited marketability and may be subject to more abrupt or erratic market movements than large-cap stocks.

1.
The inception date for this fund is 10/23/2009. We will not display year-to-date performance at this time.
2.
Includes both separate account and fund level charges. The maximum total annual expense charge without the waiver is 1.42%. Separate account charges reflect the highest possible mortality and expense risk charge although they may be lower. The unit value reflects the election of the Guaranteed Minimum Death Benefit. See the prospectus for additional information.

Effective October 23, 2009, the PVC Mid Cap Stock Account was merged into the PVC Mid Cap Blend Account. The performance shown reflects the performance of the PVC Mid Cap Blend Account from its inception.
3.
The "Since Inception" values presented are cumulative values and not average annualized total returns.

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 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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