TIAA-CREF has placed in the Top 10 for one-year Fund Family performance in the recently-released Barron’s/Lipper Fund Family Survey, continuing the steady ascent we have made in this survey in recent years.
In the Barron’s/Lipper one-year Fund Family performance rankings, TIAA-CREF continued to demonstrate strong performance, coming in at 10 out of 62 mutual fund families for 2012, up from 13 out of 58 in 2011, 21 out of 57 in 2010, and 48 out of 61 in 2009. This performance reflects consistent results achieved by TIAA-CREF’s Asset Management team, which includes more than 300 investment professionals representing all major asset classes.
The rankings are quantitative, and are based on performance according to Lipper data. Each fund family is given an asset-weighted score within the five asset classes: U.S. Equity, World Equity, Mixed Asset, Taxable Bond and Tax-Exempt Bond, and the asset class score is then weighted by its size within the Lipper universe.
For nearly a century we’ve been committed to delivering solid financial results to help our investors achieve their financial goals. Through our experience over many market cycles and economic environments, we’ve taken a disciplined, long-term approach to managing investments. Our diverse strategies draw on the expertise and forward-thinking perspectives of the entire firm. The Barron’s/Lipper ranking is a good measure of this commitment and the value we offer.
The 2012 Barron’s/Lipper Fund Family Survey appears in the February 11, 2013 print edition of Barron’s.
The Lipper/Barron’s Fund Family survey uses an asset-weighted ranking system. Each fund’s return was measured against all those in its Lipper category, and the resulting percentile ranking was then weighted by asset size relative to the fund family’s other assets in its general category. The family’s overall ranking was then determined by weighting the five fund categories in proportion to their overall importance within Lipper’s fund universe. In the five-year overall ranking, TIAA-CREF is ranked 29th out of 53 mutual fund families. TIAA-CREF does not qualify for the 10-year ranking.
Past performance is no guarantee of future results. TIAA-CREF products may be subject to market and other risk factors. See the applicable product literature, or visit www.tiaa-cref.org for details.