Personal Annuity Select from TIAA-CREF Life Insurance Company

International Equity

The fund seeks a favorable long-term total return, mainly through capital appreciation, primarily from equity securities of foreign issuers.

Unit value as of 06/30/2016 : $26.3824
Total return year-to-date as of 06/30/2016 : -2.87%
Net invested assets as of 03/31/2015 : $37.63 million
Expense charge 1 : 1.20%
Fund inception date : 04/03/2000
Inception date : 04/03/2000
Investment class : International
Performance Comparison
  Performance Data
as of 03/15/2016
Average Annual Total Returns
as of 02/29/2016
1 Year 3 Year 5 Year 10 Year Since Inception
International Equity $26.5350 -0.79% -2.30% -15.75% 0.47% 0.11% 1.13% 0.86%
Morgan Stanley EAFE Index 2 -- -0.90% -4.14% -- -- -- -- --

The performance data quoted represents past performance, and is no guarantee of future results. Your returns and the principal value of your investment will fluctuate so that your accumulation units, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted above. For investments with exceptional performance, please note that performance fluctuates and currently may be lower than noted here.

The risks that this fund is subject to include active trading risk, derivatives risk, currency risk, information risk, political risk, leveraging risk, market risk, model risk, short sales risk, and Commodity Futures Trading Commission regulatory risk.

For a detailed discussion of risk, please consult the prospectus.

Includes both separate account and fund level charges. A portion of the separate account charges has been waived. The maximum total annual expense charge without the waiver is 1.26%. TIAA-CREF Life will provide at least 3 months notice before it raises these charges.
The Morgan Stanley Capital International EAFEĀ® (Europe, Australasia, Far East) Index measures the performance of the leading stocks in 21 developed countries outside North America. You cannot invest directly in this index. EAFE is a trademark of Morgan Stanley Capital International, Inc.

TIAA-CREF Individual & Institutional Services, LLC, and Teachers Personal Investors Services, Inc., and Nuveen Securities, LLC, members FINRA and SIPC, distribute securities products. Personal Annuity Select, a tax deferred annuity, is issued by TIAA-CREF Life Insurance Company, 730 Third Avenue, New York, NY 10017

Investment, insurance and annuity 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.

© 2014 and prior years, Teachers Insurance and Annuity Association - College Retirement Equities Fund (TIAA-CREF), New York, NY 10017