Intelligent Variable Annuity from TIAA-CREF Life Insurance Company

Wanger International

Seeks long-term capital appreciation. Under normal market circumstances the Portfolio invests at least 65% of total assets in foreign countries in developed markets (for example, Japan, Canada, and the United Kingdom) or in emerging markets (for example, China, India and Brazil).

Unit value as of 07/29/2016 : $54.12
Total return year-to-date as of 07/29/2016 : 4.28%
Expense charge 1 : 1.65%
Inception date : 02/05/2008
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
Wanger International $50.70 -0.59% -2.32% -11.81% 1.00% 1.83% -- 2.68%
S&P Global Ex-U.S. Between $500 Million and $5 Billion Index 2 -- -0.79% -1.84% -- -- -- -- --

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 investment strategy risk, market risk, smaller company securities risk, sector risk, foreign securities risk, and emerging market securities risk.

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

Includes both separate account and fund level charges. The maximum total annual expense charge without the waiver is 1.85%. 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.
The S&P Global Ex-U.S. index measures the performance of non-U.S. equities with a market capitalization between $500 million and $5 billion. You cannot invest directly in this index.

TIAA-CREF Individual & Institutional Services, LLC, 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.

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