TIAA-CREF Funds - Retail Class

International Opportunities  (TIOSX)

The fund seeks a favorable long-term total return, mainly through capital appreciation, primarily from equity securities of foreign issuers. It normally invests in equity securities of issuers in developed and emerging markets located around the world, outside of the United States. The fund’s management team looks for companies of any capitalization size that demonstrate an ability to generate strong revenue and sales growth, growing margins and market share, with a particular emphasis on those in the early stages of a structural growth opportunity driven by differentiated products and/or services.

Net asset value as of 07/29/2016 : $10.15
Total return year-to-date as of 07/29/2016 : -0.68%
Fund's net invested assets as of 03/31/2015 : $1.13 billion
Gross Expense Ratio : 1.10%
Net Expense Ratio : 1.09%
Fund inception date : 04/12/2013
Investment class : International
Performance Comparison
  Performance Data
as of 03/15/2016
Average Annual Total Returns
as of 02/29/2016
  Net Asset
1 Year 3 Year 5 Year 10 Year Since Inception
International Opportunities $9.68 -0.82% -5.28% -14.17% -- -- -- -2.26%
MSCI AC World Index ex USA 1 -- -1.06% -2.67% -- -- -- -- --

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, issuer risk, active management risk, foreign investment risk and emerging markets risk.


The Morgan Stanley Capital International All Country World (ACWI) Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets. The MSCI ACWI consists of 45 country indices comprising 24 developed and 21 emerging market country indices. The developed market country indices included are: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom and the United States. The emerging market country indices included are: Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Korea, Malaysia, Mexico, Morocco, Peru, Philippines, Poland, Russia, South Africa, Taiwan, Thailand, and Turkey. You cannot invest directly in this index.

TIAA-CREF Individual & Institutional Services, LLC, and Teachers Personal Investors Services, Inc., and Nuveen Securities, LLC, members FINRA and SIPC, distribute securities products. You should consider the investment objectives, risks, charges and expenses carefully before investing. Please click here or call 877 518-9161 for a product and the underlying fund prospectuses that contains this and other information. Please read the prospectus carefully before investing. Investment, insurance and annuity products are not FDIC insured, are not bank guaranteed, are not deposits, are not insured by any federal government agency, and are not a condition to any banking service or activity and may lose value.

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