March 12, 2007
TIAA-CREF Achieves Strong Rankings in 2006 Lipper/Barron's Survey
TIAA-CREF ranked seventh overall for the one-year period ending December 31, 2006 in the 2006 Lipper/
Barron's Fund Family Survey published in the February 5
th issue of
Barron's. The Lipper/
Barron's Fund Family survey uses an asset-weighted ranking system. Each family's funds were weighted by asset size and the family's overall ranking was determined by weighting five fund categories in proportion to their overall importance within Lipper's fund universe. TIAA-CREF fund family rankings are based on total return among 67 funds and are for the one-year period ending December 31, 2006.
By adhering to our guiding principles and consistent approach, TIAA-CREF's mutual funds performed competitively in 2006. However, we encourage investors not to focus solely on short-term results, but on building a well-diversified portfolio, investing consistently over time to potentially smooth the market's highs and lows, and rebalancing portfolios regularly to help keep financial strategies on track.
Other Ratings
TIAA-CREF ranked 38
th among 62 funds for the five-year period ending December 31, 2006; ten-year rankings are not available. The study includes only mutual fund performance and therefore does not reflect the performance of TIAA-CREF's annuity products or real estate portfolio. Of course, past performance is no guarantee of future results.
View
current performance and other information about TIAA-CREF's mutual funds.
Please note that equity returns have historically been higher than other asset classes, but carry considerable risk of principal. Mutual funds that invest in fixed income securities are subject to interest rate and credit risk. Investments in foreign assets carry the risk of foreign currency volatility as well as the risks detailed above. Real estate investments are subject to fluctuations in real estate prices and income.
TIAA-CREF Individual & Institutional Services, LLC and Teachers Personal Investors Services, Inc. distribute securities products.
Read
Lipper/Barron's The Best Mutual Funds report (PDF).
