Lifetime Variable Select from TIAA-CREF Life Insurance Company

Growth & Income

The fund seeks a favorable long-term total return through both capital appreciation and investment income, primarily from income-producing equity securities.

Unit value as of 11/21/2014 : $50.4446
Total return year-to-date as of 11/21/2014 : 10.70%
Net invested assets as of 09/30/2014 : $18.13 million
Expense charge 1 : 1.12%
Inception date : 04/03/2000
Investment class : U.S. Equity
Performance Comparison
  Performance Data
as of 11/21/2014
Average Annual Total Returns
as of 10/31/2014
  Unit
Values
Net
Change
YTD
Return
1 Year 3 Year 5 Year 10 Year Since Inception
Growth & Income $50.4446 + 0.42% 10.70% 14.70% 19.03% 15.76% 9.55% 4.18%
Standard & Poor's 500® Index 2 -- + 0.54% 13.71% 17.27% 19.77% 16.69% 8.20% 4.00%

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 the fund is subject to include market risk, company risk, large-cap risk, style risk, risks of growth investing, active management risk, and foreign investment risk.

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

1.
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 1.49%. TIAA-CREF Life will provide at least 3 months notice before it raises these charges.
2.
The S&P 500® Index is a market capitalization-weighted index of 500 leading companies in leading industries of the U.S. economy. You cannot invest directly in this index. S&P 500 is a registered trademark and service mark of the McGraw-Hill Companies.

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