CREF Variable Annuity

CREF Growth Account (R1)

Invest >

Unit Value


Day's Change


Portfolio Net Assets


Estimated Expense Charge

Expenses are estimated each year based on projected expense and asset levels. Differences between actual expenses and the estimate are adjusted quarterly and are reflected in current investment results.

The Account’s total annual expense deduction appears in the Account's prospectus, and may be different than that shown herein due to rounding. Please refer to the prospectus for further details.

Overall Morningstar Rating

The Overall Morningstar Rating is based on risk-adjusted return, and is a weighted average of the applicable 3-, 5-, and 10-year Ratings.

52 Week Range

3.8636 (3.09%)
$121.0198 - $141.5578
As of close 02/05/2016As of 01/31/2016
As of 01/31/2016
Based on risk adjusted returns


Management Team

Susan HirschManaging Director, Equity Investments, Active Portfolio Management

Susan Hirsch is a managing director and active equity portfolio manager for the TIAA-CREF organization. Ms. Hirsch manages large-cap growth investment portfolios. She joined the TIAA-CREF organization in 2005.Ms. Hirsch has 39 years of industry experience. Previously, she was a portfolio manager for mid-cap-growth and technology sector portfolios at Jennison Associates. Ms. Hirsch joined Jennison as a result of the merger of Prudential's public equity asset management capabilities into the Jennison organization. Her earlier experience includes work at Lehman Brothers Global Asset Management and Delphi Asset Management as a senior portfolio manager for the Selected Growth Stock portfolio. Ms. Hirsch was recognized as an Institutional Investor All-American Research Team Analyst for small stock in 1991, 1992 and 1993.Ms. Hirsch holds a B.S. in accounting from Brooklyn College and is a member of the Financial Analysts Federation and the New York Society of Securities Analysts.

Andrea MitroffManaging Director, Equity Investments, Active Portfolio Management

Andrea Mitroff is a managing director and active equity portfolio manager for the TIAA-CREF organization. Ms. Mitroff manages global and large-cap growth investments. She joined the TIAA-CREF organization in 2006. Ms. Mitroff has 27 years of industry experience. Previously, she worked at Merrill Lynch Investment Managers as a portfolio manager of the Disciplined Equity and Renaissance Global Sectors portfolios. Prior to that, Ms. Mitroff served at AIM Funds Management as the director of quantitative analysis and at Barra as a financial consultant. Ms. Mitroff holds a B.S. in economics from the University of California at Riverside and an M.P.A. in public and international affairs from Princeton University.

Terrence Kontos, CFAManaging Director, Equity Investments

Terry Kontos is a managing director and portfolio manager for the TIAA-CREF organization. Mr. Kontos manages large-cap growth portfolios and serves as a growth analyst on the Global Equity research team. He joined the TIAA-CREF organization in 2012. Mr. Kontos has 11 years of investment experience. Previously, he was a senior vice president and senior analyst at Fred Alger Management where he supported the small-, mid-, and large-cap growth teams. Mr. Kontos earned a B.A. from the University of Chicago and an M.B.A. from Columbia Business School.

As of April 24, 2015, additional classes of CREF Accounts are available with different eligibility requirements. Please visit the account’s prospectus at for more information.
In general, the value of equity variable annuity accounts will fluctuate based on the share prices of the individual companies in which they invest. An investment in an equity variable annuity account may be subject to all or some of the following principal investment risks:Market Risk, Company Risk, Style Risk, Large-Cap Risk, Small-Cap/Mid-Cap Risk, Active Management Risk, Index Risk, Foreign Investment Risk, Sector Risk, Social Criteria Risk, Derivatives Risk, Non-Diversified Risk, Real Estate Investing Risk.

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