Intelligent Variable Annuity from TIAA-CREF Life Insurance Company

PIMCO VIT All Asset Portfolio - Institutional Class

Seeks maximum real return, consistent with preservation of real capital and prudent investment managements.

Unit value as of 04/22/2014 : $16.63
Total return year-to-date as of 04/22/2014 : 3.02%
Expense charge 1 : 1.69%
Inception date : 02/05/2008
Investment class : Balanced
Performance Comparison
  Performance Data
as of 04/22/2014
Average Annual Total Returns
as of 03/31/2014
  Unit
Values
Net
Change
YTD
Return
1 Year 3 Year 5 Year 10 Year Since Inception
PIMCO VIT All Asset Portfolio - Institutional Class $16.63 0.00% 3.02% 1.08% 4.72% 10.64% -- 4.88%
Barclays Capital US TIPS 1-10 Years Index 2 -- -0.07% 1.68% -4.93% 2.17% 3.97% -- 3.22%

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 allocation risk, underlying PIMCO fund risk, issuer non-diversification risk, interest rate risk, credit risk, high yield risk, distressed company risk, market risk, issuer risk, liquidity risk, derivatives risk, commodity risk, equity risk, mortgage-related and other asset-backed risk, foreign (non-U.S.) investment risk, real estate risk, emerging markets risk, currency risk, leveraging risk, smaller company risk, management risk, tax risk, subsidiary risk, short sale risk, value investing risk, arbitrage risk, and convertible securities risk.

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

1.
Includes both separate account and fund level charges. The maximum total annual expense charge without the waiver is 1.98%. Separate account charges reflect the highest possible mortality and expense risk charge although they may be lower. The unit value reflects the election of the Guaranteed Minimum Death Benefit. See the prospectus for additional information.
2.
The Barclays U.S. TIPS: 1-10 Year Index is comprised of U.S. Treasury inflation-indexed securities with maturities between one and ten years. You cannot invest directly in this index.

TIAA-CREF Individual & Institutional Services, member FINRA, distributes securities products. Intelligent Variable 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.

© 2013 and prior years, Teachers Insurance and Annuity Association - College Retirement Equities Fund (TIAA-CREF), New York, NY 10017