1 2022 TIAA Climate Report
2 2021 Global Fixed Income Impact Report
3 Based on assets under management as of June 30, 2022.
4 Source: Morningstar Direct as of September 30, 2022. 87.83% of TIAA-CREF Funds and Variable Annuity Accounts have expense ratios that are below the median of their respective Morningstar Category.
Responsible investing incorporates Environmental Social Governance (ESG) factors that may affect exposure to issuers, sectors and industries, limiting the type and number of investment opportunities available, which could result in excluding investments that perform well.
This material is for informational or educational purposes only and does not constitute fiduciary investment advice under ERISA, a securities recommendation under all securities laws, or an insurance product recommendation under state insurance laws or regulations. This material does not take into account any specific objectives or circumstances of any particular investor, or suggest any specific course of action. Investment decisions should be made based on the investor’s own objectives and circumstances.