Total return year-to-date as of 08/29/2014 : 5.31%
Fund's net invested assets as of 06/30/2014 : $3.18 billion
Gross Expense Ratio : 0.92%
Net Expense Ratio 1 : 0.74%
Inception date : 10/15/2004
Investment class : Lifecycle
as of 08/28/2014
Average Annual Total Returns
as of 07/31/2014
|1 Year||3 Year||5 Year||10 Year||Since Inception|
|Lifecycle 2040 2||$14.25||-0.35%||5.01%||13.47%||11.91%||13.42%||--||6.90%|
|2040 Fund Composite Index 3||--||--||7.39%||14.91%||12.90%||13.95%||--||7.32%|
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 shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted above.
As with all mutual funds, the principal value isn't guaranteed. Also, please note that the target date of the Lifecycle Fund is an approximate date when investors may begin withdrawing from the fund. As with all mutual funds, the principal value isn't guaranteed. Also, please note that the target date of the Lifecycle Fund is an approximate date when investors may begin withdrawing from the fund. Approximately seven to ten years after a Lifecycle Fund's target date, the fund may merge into the Lifecycle Retirement Income Fund or a similar fund
This fund is subject to risks, including: Asset Allocation Risk, Active Management Risk, Market Risk, Company Risk (often called Financial Risk), Foreign Investment Risks, Large-Cap Risk, Small-Cap/Mid-Cap Risk, Interest Rate Risk, Income Volatility Risk, Call Risk, Credit Risk, Market Volatility and Liquidity Risk, Prepayment Risk, Extension Risk and Risks for Inflation-Indexed Bonds. Because the fund's investment glidepath gradually decreases the fund's equity holdings and increases its fixed-income holdings, the fund's overall level of risk is expected to gradually decline over time.
TIAA-CREF Individual & Institutional Services, LLC, member FINRA, distributes 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 products are not FDIC insured, are not bank deposits or bank guaranteed, and may lose value.