Intelligent Variable Annuity from TIAA-CREF Life Insurance Company

DFA VA Short-Term Fixed Portfolio

Seeks a stable real return in excess of the rate of inflation with a minimum of risk. The VA Short-Term Fixed Portfolio seeks to achieve its investment objective by generally investing in a universe of high quality fixed income securities that typically mature in one year or less.

Unit value as of 06/30/2016 : $24.81
Total return year-to-date as of 06/30/2016 : 0.39%
Expense charge 1 : 0.87%
Fund inception date : 05/01/2012
Investment class : Fixed Income
Performance Comparison
  Performance Data
as of 12/7/2012
Average Annual Total Returns
as of 02/29/2016
1 Year 3 Year 5 Year 10 Year Since Inception
DFA VA Short-Term Fixed Portfolio $25.01 0.00% -- -0.30% -0.33% -- -- -0.27%
BofA Merrill Lynch Six-Month U.S. Treasury Bill Index; 2 -- 0.00% % -- -- -- -- --

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 this fund is subject to include market risk, foreign securities risk, interest rate risk, credit risk, income risk, risks of banking concentration, and securities lending risk.

Includes both separate account and fund level charges. The maximum total annual expense charge without the waiver is 1.07%. 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 index measures the performance of Treasury bills with time to maturity of less than 6 months.You can not 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.

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