The performance data quoted represents past performance and is no guarantee of future results. Returns and the principal value of your contributions will fluctuate so that when sold may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted above. Performance may reflect waivers or reimbursements of certain expenses. Absent these waivers or reimbursement arrangements, performance results would have been lower. Since Inception performance shown is cumulative for funds that have less than one year of performance history. For performance data current to the most recent month-end, please visit the performance section of tiaa.org and search for the respective fund.
Consider the investment objectives, risks, charges and expenses carefully. Go to tiaa.org for fund prospectuses that contain this and other information. Read carefully. Please note that investing involves market risk. Investments in fixed income securities are not guaranteed and are subject to interest rate, inflation, and credit risks. Investments in foreign securities are subject to special risks, including currency fluctuation and political and economic instability. Investments in socially responsible funds are subject to social criteria risk, namely the risk that because social criteria exclude securities of certain issuers for non-financial reasons, investors may forgo some market opportunities available to those that don’t use these criteria.
The risks that the fund is subject to include asset allocation risks, active management risks and social criteria risks. This may include equity investment risks, fixed income investment risks, market risks, company risks, foreign investment risks and small-cap risks. Social criteria excludes securities of certain issuers for non-financial reasons; investors may forgo some market opportunities available to those that don’t use these criteria. Additional risks include interest rate risk, prepayment risk, extension risk, issuer risk, income volatility risk, credit risk, call risk, fixed-income foreign investment risk, market volatility, liquidity, valuation risk, mortgage roll risk, downgrade risk, non-investment-grade securities risk and derivatives risk.
Allocations to each of these funds will be subject to fund operating expenses. Please refer to each fund’s current prospectus for a detailed description of all fees and expenses.
1Inception date is the date the investment initially launched.
2Your Giving Fund could lose money by investing in the TIAA-CREF Money Market Fund. Although the Fund seeks to preserve the value of your Giving Fund’s investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund’s sponsor has no legal obligation to provide support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time.
3The net expense ratio reflects a voluntary contractual arrangement that has the effect of reducing or limiting the expenses associated with the fund's operations. Without such an arrangement, currently or in the past, returns would have been lower. This arrangement is scheduled to expire on 7/31/2018. Please see the prospectus for details.
4Data provided by Morningstar, Inc. ©2017 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Neither TIAA nor its affiliates has independently verified the accuracy or completeness of this information.
5 The Barclays U.S. T- Bill Index includes all publicly issued zero-coupon U.S. Treasury Bills that have a remaining maturity of less than 3 months and more than 1 month, are rated investment grade, and have $250 million or more of outstanding face value. In addition, the securities must be denominated in U.S. dollars and must be fixed rate and non-convertible.
6The Barclays U.S. Aggregate Bond Index measures the performance of the U.S. investment-grade, fixed-rate bond market, including government and credit securities, agency mortgage pass-through securities, asset-backed securities and commercial mortgage-backed securities.
7The net expense ratio reflects a voluntary contractual arrangement that has the effect of reducing or limiting the expenses associated with the fund's operations. Without such an arrangement, currently or in the past, returns would have been lower. This arrangement is scheduled to expire on 2/28/2018. Please see the prospectus for details.
8The Russell 3000 Index measures the performance of the stocks of the 3,000 largest publicly traded U.S. companies, based on market capitalization. Index returns do not reflect a deduction for fees or expenses. You cannot directly invest in any index.
9The S&P 500 Index is a market-capitalization-weighted index of the stocks of 500 leading companies in major industries of the U.S. economy.
10The MSCI EAFE (Europe, Australasia, Far East) Index measures the performance of the leading stocks in 21 developed countries outside North America. The returns noted above include the calculation of reinvested net dividends.
Donors cannot recommend investments directly in any index. Index returns do not include a deduction for fees or expenses.
TIAA·CREF Individual & Institutional Services, LLC, Teachers Personal Investors Services, Inc. and Nuveen Securities, LLC. Members FINRA and SIPC distribute securities products. Investment products are not FDIC insured, are not bank guaranteed, are not deposits, are not insured by any federal government agency, are not a condition to any banking service or activity and may lose value.
Contributions to the Giving Fund are irrevocable. All recommendations from donors are subject to review and approval by TIAA Charitable.
TIAA Charitable does not provide tax advice. Taxpayers should seek advice based on their own particular circumstances from an independent tax advisor.
TIAA Charitable is the brand name for an independent public charity that maintains a donor-advised fund program. The TIAA name is a registered mark of Teachers Insurance of America and is used by TIAA Charitable pursuant to a license.