Asset Management

TIAA-CREF Mutual Funds Added to Merrill Lynch and Merrill Edge Platforms

NEW YORK, December 5, 2013 – TIAA-CREF, a leading financial services organization, today announced that 20 mutual funds from its award-winning lineup are now available through the Merrill Lynch Wealth Management and Merrill Edge platforms.

“We are focused on supporting our client’s lifelong financial well-being through a research-based, disciplined and goals-based approach to investing,” said John Panagakis, head of Asset Management Business Development at TIAA-CREF. “Merrill Lynch shares this mission, and we are delighted to work with its wealth management professionals and clients.”

Merrill Lynch Wealth Management advisors now have access to 20 of TIAA-CREF mutual funds. The funds also are available to mass affluent retail investors through the Merrill Edge platform. The available funds cover a breadth of styles across stocks and bonds, as well as a fund that incorporates environmental, social and governance (ESG) factors.

TIAA-CREF mutual funds are built on more than 90 years of organizational investment experience and a focus on helping clients achieve lifelong financial wellbeing. The funds, which have some of the lowest expense ratios in the industry 1, include equity, fixed income, target-date and multi-asset class funds – a comprehensive set of building blocks for individual and institutional portfolios. As of September 30, 2013, 56 percent of the company’s mutual funds have an overall Morningstar rating of four or five stars across all asset classes based on risk-adjusted performance (16 percent rated five stars, 40 percent rated four stars).2

The organization has received several recent industry accolades for its investment performance. Lipper named TIAA-CREF as the 2013 Best Overall Large Fund Company based on three-year risk-adjusted performance. The company was one of 36 large investment firms eligible for the award.3 In addition, TIAA-CREF was ranked 10th out of 62 mutual fund families in the 2012 Barron’s/Lipper fund family ranking, based on asset-weighted performance.4

TIAA-CREF ( is a national financial services organization with $542 billion in assets under management (as of 9/30/2013) and is the leading provider of retirement services in the academic, research, medical and cultural fields.