Tier 1 Target Date Investments

Transcription

1 University of Colorado 403(b) Voluntary Retirement Plan Investment Menu Effective July 15, 2015, your University of Colorado Retirement Plan investment options will be offered by 12 different firms, and CU s 401(a) and 403(b) plans will be serviced by one provider, TIAA-CREF. The investment menu choices offered provide you with the flexibility to create a retirement portfolio that s aligned with your preferences and goals. Tier 1 Target Date Investments TICKER FUND ACCOUNT NAME SHARE CLASS VTENX Vanguard Target Retirement 2010 Fund Investor VTXVX Vanguard Target Retirement 2015 Fund Investor VTWNX Vanguard Target Retirement 2020 Fund Investor VTTVX Vanguard Target Retirement 2025 Fund Investor VTHRX Vanguard Target Retirement 2030 Fund Investor VTTHX Vanguard Target Retirement 2035 Fund Investor VFORX Vanguard Target Retirement 2040 Fund Investor VTIVX Vanguard Target Retirement 2045 Fund Investor VFIFX Vanguard Target Retirement 2050 Fund Investor VFFVX Vanguard Target Retirement 2055 Fund Investor VTTSX Vanguard Target Retirement 2060 Fund Investor VTINX Vanguard Target Retirement Income Fund Investor

2 Tier 2 Core Investment Menu TICKER FUND ACCOUNT NAME SHARE CLASS RERGX American Funds EuroPacific Growth Fund R6 APHMX Artisan Mid Cap Institutional MARFX BlackRock Mid Cap Value Opportunities I Variable CREF Money Market Account R3 DFSVX DFA US Small Cap Value I DODFX Dodge & Cox International Stock N/A DODGX Dodge & Cox Stock Fund N/A HACAX Harbor Capital Appreciation Institutional MWTSX Metropolitan West Total Return Bond Plan N/A MRLAX Morgan Stanley Institutional Global Real Estate Fund I TISCX TIAA-CREF Social Choice Equity Fund Institutional Guaranteed TIAA Traditional (Retirement Choice Plus Contract)* N/A VINIX Vanguard Institutional Index Institutional VMCIX Vanguard Mid Cap Index Institutional VSCIX Vanguard Small Cap Index Institutional VTSNX Vanguard Total International Stock Index Institutional VBTIX Vanguard Total Market Bond Index Institutional ISOZX Voya Small Cap Opportunities R6 *TIAA Traditional is a guaranteed insurance contract and not an investment for federal securities law purposes. Any guarantees under annuities issued by TIAA are subject to TIAA s claims-paying ability. Tier 3 Self-Directed Brokerage Option If you are seeking options outside the target date and core menus, you can choose the selfdirected brokerage option. The 403(b) self-directed brokerage option allows you to invest in mutual funds. With this option, you choose your own investments from the thousands available to you, and you can buy, sell, or transfer funds online or by phone. Please note: All purchase fees will be waived for 90 days beginning July 15, There are no annual account maintenance fees. Purchase fees will resume after the 90-day period. For a description of terms and fees, visit 2

3 Transfer Strategy How your investments will transfer to the new investment lineup. On or about July 15, 2015, your existing assets and/or future contributions to the mutual funds shown in the left column of the following tables will be transferred to the corresponding replacement options. Check your most recent quarterly account statement to determine how your current investments will be affected. American Century, Dreyfus, DWS, MetLife, VALIC and TIAA-CREF participants with annuities please note: Your current account balances will remain in the existing account(s) you currently have unless you proactively elect to transfer those investments to your new account, while future contributions will be applied to the new account automatically. TIAA-CREF mutual fund balances will be applied to the new account automatically. For specific age-appropriate Vanguard target retirement series fund based on your year of birth, please refer to the chart on page 13 of the Transition Guide. American Century, Dreyfus, DWS, MetLife and VALIC If you currently have contributions with options at American Century, Dreyfus, DWS, MetLife and/or VALIC... Your existing account balances will remain where they are and your future contributions will be directed to the age-appropriate Vanguard target date investment option. Please visit for more detailed information. Fidelity balances with these options at Fidelity Fidelity Asset Manager 20% FASIX 4 Fidelity Asset Manager 30% FTANX 4 Fidelity Asset Manager 40% FFANX 4 Fidelity Asset Manager 50% FASMX 4 Fidelity Asset Manager 60% FSANX 4 Fidelity Asset Manager 70% FASGX 4 Fidelity Asset Manager 85% FAMRX 4 Fidelity Balanced K FBAKX 4 Fidelity Blue Chip Growth K FBGKX 4 Fidelity Blue Chip Value FBCVX 4 Fidelity Canada FICDX 4 Fidelity Capital Appreciation K FCAKX 4 3

4 Fidelity, continued balances with these options at Fidelity Fidelity Capital & Income FAGIX 4 Fidelity Cash Reserves FDRXX 4 CREF Money Market Account R3 Variable Fidelity China Region FHKCX 4 Fidelity Conservative Income Bond FCONX 4 TIAA Traditional Retirement Choice Plus Guaranteed Fidelity Contrafund K FCNKX 4 Fidelity Convertible Securities FCVSX 4 Fidelity Corporate Bond FCBFX 4 Fidelity Disciplined Equity K FDEKX 4 Fidelity Diversified International K FDIKX 4 Fidelity Dividend Growth K FDGKX 4 Fidelity EMEA FEMEX 4 Fidelity Emerging Markets Discovery FEDDX 4 Fidelity Emerging Asia FSEAX 4 Fidelity Emerging Markets K FKEMX 4 Fidelity Equity Dividend Income K FETKX 4 Fidelity Equity-Income K FEIKX 4 Fidelity Europe FIEUX 4 Fidelity Europe Capital Appreciation FECAX 4 Fidelity Export & Multinational K FEXKX 4 Fidelity Fifty FFTYX 4 Fidelity Float Rate High Income FFRHX 4 Fidelity Focused High Income FHIFX 4 Fidelity Focused Stock FTQGX 4 Fidelity Four-In-One Index FFNOX 4 Fidelity Freedom K 2005 FFKVX 4 Fidelity Freedom K 2010 FFKCX 4 Fidelity Freedom K 2015 FKVFX 4 Fidelity Freedom K 2020 FFKDX 4 Fidelity Freedom K 2025 FKTWX 4 Fidelity Freedom K 2030 FFKEX 4 4 Vanguard Target Retirement Income VTINX Vanguard Target Retirement 2010 VTENX Vanguard Target Retirement 2015 VTXVX Vanguard Target Retirement 2020 VTWNX Vanguard Target Retirement 2025 VTTVX Vanguard Target Retirement 2030 VTHRX

5 balances with these options at Fidelity Fidelity Freedom K 2035 FKTHX 4 Vanguard Target Retirement 2035 VTTHX Fidelity Freedom K 2040 FFKFX 4 Vanguard Target Retirement 2040 VFORX Fidelity Freedom K 2045 FFKGX 4 Vanguard Target Retirement 2045 VTIVX Fidelity Freedom K 2050 FFKHX 4 Vanguard Target Retirement 2050 VFIFX Fidelity Freedom K 2055 FDENX 4 Vanguard Target Retirement 2055 VFFVX Fidelity Freedom K 2060 FDKNX 4 Vanguard Target Retirement 2060 VTTSX Fidelity Freedom K Income Fund FFKAX 4 Vanguard Target Retirement Income VTINX Fidelity K Fund FFDKX 4 Fidelity Global Commodity Stock FFGCX 4 Fidelity Global High Income FGHNX 4 Fidelity Global Balanced FGBLX 4 Fidelity Global Strategies FDYSX 4 Fidelity GNMA FGMNX 4 Fidelity Government Money Market SPAXX 4 CREF Money Market Account R3 Variable Fidelity Growth & Income K FGIKX 4 Fidelity Growth Company K FGCKX 4 Fidelity Growth Discovery K FGDKX 4 Fidelity Growth Strategies K FAGKX 4 Artisan Mid Cap Institutional APHMX Fidelity High Income SPHIX 4 Fidelity Independence K FDFKX 4 Fidelity Inflation Protected Bond FINPX 4 Fidelity Intermediate Bond FTHRX 4 Fidelity International Capital Appreciation FIVFX 4 American Funds EuroPacific Growth Fund R6 RERGX Fidelity International Discovery K FIDKX 4 Fidelity International Enhanced Index FIENX 4 Fidelity International Growth FIGFX 4 American Funds EuroPacific Growth Fund R6 RERGX Fidelity International Real Estate FIREX 4 Morgan Stanley Institutional Global Real Estate Fund I MRLAX Fidelity International Small Cap Opportunities FSCOX 4 Fidelity International Small Cap FISMX 4 Fidelity International Value FIVLX 4 Dodge & Cox International Stock DODFX 5

6 Fidelity, continued balances with these options at Fidelity Fidelity Intermediate Government Income FSTGX 4 Fidelity Investment Grade Bond FBNDX 4 Fidelity Japan FJPNX 4 Fidelity Japan Smaller Companies FJSCX 4 Fidelity Large Cap Stock FLCSX 4 Fidelity Latin America FLATX 4 Fidelity Large Cap Core Enhanced Index FLCEX 4 Fidelity Large Cap Growth Enhanced Index FLGEX 4 Fidelity Large Cap Value Enhanced Index FLVEX 4 Fidelity Leveraged Company Stock K FLCKX 4 Vanguard Mid Cap Index Institutional VMCIX Fidelity Low-Priced Stock K FLPKX 4 Vanguard Mid Cap Index Institutional VMCIX Fidelity Limited Term Government FFXSX 4 TIAA Traditional Retirement Choice Plus Guaranteed Fidelity Magellan K FMGKX 4 Fidelity Mega Cap Stock FGRTX 4 Fidelity Mid Cap Enhanced Index FMEIX 4 Fidelity Mid Cap Stock K FKMCX 4 Fidelity Mid Cap Value FSMVX 4 Vanguard Mid Cap Index Institutional VMCIX Artisan Mid Cap Institutional APHMX BlackRock Mid Cap Value Opportunities I MARFX Fidelity Money Market SPRXX 4 CREF Money Market Account R3 Variable Fidelity Mortgage Securities FMSFX 4 Fidelity NASDAQ Composite Index FNCMX 4 Fidelity New Markets Income FNMIX 4 Fidelity New Millennium FMILX 4 Fidelity Nordic FNORX 4 Fidelity OTC K FOCKX 4 Fidelity Overseas K FOSKX 4 Fidelity Pacific Basin FPBFX 4 Fidelity Puritan K FPUKX 4 Fidelity Real Estate Income FRIFX 4 Fidelity Real Estate Investment Portfolio FRESX 4 Morgan Stanley Institutional Global Real Estate Fund I MRLAX Morgan Stanley Institutional Global Real Estate Fund I MRLAX 6

7 balances with these options at Fidelity Fidelity Retirement Government Money Market FGMXX 4 CREF Money Market Account R3 Variable Fidelity Retirement Money Market FRTXX 4 CREF Money Market Account R3 Variable Fidelity Select Air Transportation Portfolio FSAIX 4 Fidelity Select Automotive Portfolio FSAVX 4 Fidelity Select Banking Portfolio FSRBX 4 Fidelity Select Biotechnology Portfolio FBIOX 4 Fidelity Select Brokerage And Investment Management Portfolio FSLBX 4 Fidelity Select Chemicals Portfolio FSCHX 4 Fidelity Select Communications Equipment Portfolio FSDCX 4 Fidelity Select Computers Portfolio FDCPX 4 Fidelity Select Consumer Discretionary Portfolio FSCPX 4 Fidelity Select Consumer Staples Portfolio FDFAX 4 Fidelity Select Construction & Housing Portfolio FSHOX 4 Fidelity Select Consumer Finance Portfolio FSVLX 4 Fidelity Select Defense And Aerospace Portfolio FSDAX 4 Fidelity Select Electronics Portfolio FSELX 4 Fidelity Select Energy Portfolio FSENX 4 Fidelity Select Energy Service Portfolio FSESX 4 Fidelity Select Environment And Alternative Energy Portfolio FSLEX 4 Fidelity Select Financial Services Portfolio FIDSX 4 Fidelity Select Gold Portfolio FSAGX 4 Fidelity Select Health Care Portfolio FSPHX 4 Fidelity Select Industrial Equipment Portfolio FSCGX 4 Fidelity Select Industrials Portfolio FCYIX 4 Fidelity Select Insurance Portfolio FSPCX 4 Fidelity Select IT Services Portfolio FBSOX 4 Fidelity Select Leisure Portfolio FDLSX 4 Fidelity Select Materials Portfolio FSDPX 4 7

8 Fidelity, continued balances with these options at Fidelity Fidelity Select Medical Equipment & Systems Portfolio FSMEX 4 Fidelity Select Medical Delivery Portfolio FSHCX 4 Fidelity Select Money Market FSLXX 4 CREF Money Market Account R3 Variable Fidelity Select Multimedia Portfolio FBMPX 4 Fidelity Select Natural Gas Portfolio FSNGX 4 Fidelity Select Natural Resources Portfolio FNARX 4 Fidelity Select Pharmaceuticals Portfolio FPHAX 4 Fidelity Select Retailing Portfolio FSRPX 4 Fidelity Select Software And Computer Services Portfolio FSCSX 4 Fidelity Select Technology Portfolio FSPTX 4 Fidelity Select Telecommunications Portfolio FSTCX 4 Fidelity Select Transportation Portfolio FSRFX 4 Fidelity Select Utilities Portfolio FSUTX 4 Fidelity Select Wireless Portfolio FWRLX 4 Fidelity Short Term Bond FSHBX 4 TIAA Traditional Retirement Choice Plus Guaranteed Fidelity Small Cap Discovery FSCRX 4 Vanguard Small Cap Index Institutional VSCIX Fidelity Small Cap Enhanced Index FCPEX 4 Fidelity Small Cap Growth FCPGX 4 Fidelity Small Cap Stock FSLCX 4 Fidelity Small Cap Value FCPVX 4 Fidelity Advisor Stock Selector All Cap K FSSKX 4 Fidelity Advisor Stock Selector Mid Cap FSSMX 4 Fidelity Stock Selector Small Cap FDSCX 4 Fidelity Stock Selector Large Cap Value FSLVX 4 Fidelity Strategic Dividend & Income FSDIX 4 Fidelity Strategic Real Return FSRRX 4 Fidelity Strategic Income FSICX 4 Fidelity Telecom & Utilities FIUIX 4 Fidelity Total Bond FTBFX 4 Vanguard Small Cap Index Institutional VSCIX Voya Small Cap Opportunities R6 ISOZX Vanguard Small Cap Index Institutional VSCIX DFA US Small Cap Value I DFSVX Artisan Mid Cap Institutional APHMX Vanguard Small Cap Index Institutional VSCIX 8

9 balances with these options at Fidelity Fidelity Total Emerging Markets FTEMX 4 Fidelity Total International Equity FTIEX 4 Fidelity Treasury Only Money Market FDLXX 4 CREF Money Market Account R3 Variable Fidelity Trend FTRNX 4 Fidelity Ultra Short Bond FUSFX 4 TIAA Traditional Retirement Choice Plus Guaranteed Fidelity US Government Reserves FGRXX 4 CREF Money Market Account R3 Variable Fidelity Value Discovery K FVDKX 4 Fidelity Value K FVLKX 4 Fidelity Advisor Value Strategies K FVSKX 4 BlackRock Mid Cap Value Opportunities I MARFX Vanguard Mid Cap Index Institutional VMCIX Fidelity Worldwide FWWFX 4 Fidelity Government Income FGOVX 4 Strategic Advisers Income Opportunity Fund Of Funds FSADX 4 Spartan 500 Index Fund Institutional FXSIX 4 Spartan Extended Market Index Advantage FSEVX 4 Spartan Inflation Protected Bond Index Advantage FSIYX 4 Spartan Intermediate Treasury Bond Index Advantage FIBAX 4 Spartan International Index Advantage FSIVX 4 50% Vanguard Institutional Index Institutional 50% Vanguard Total International Stock Index Institutional VINIX VTSNX Vanguard Mid Cap Index Institutional VMCIX Vanguard Total Bond Market Index Institutional VBTIX Spartan Long Term Treasury Bond Index Advantage FLBAX 4 Spartan Mid Cap Index Advantage FSCKX 4 Spartan Real Estate Index Advantage FSRVX 4 Spartan Small Cap Index Advantage FSSVX 4 Vanguard Total Bond Market Index Institutional VBTIX Vanguard Mid Cap Index Institutional VMCIX Morgan Stanley Institutional Global Real Estate Fund I MRLAX Vanguard Small Cap Index Institutional VSCIX Spartan Short Term Treasury Index Advantage FSBAX 4 TIAA Traditional Retirement Choice Plus Guaranteed Spartan Total Market Index Advantage FSTVX 4 Spartan US Bond Index Advantage FSITX 4 Fidelity Event Driven Opportunities Fund FARNX 4 Vanguard Total Bond Market Index Institutional VBTIX Vanguard Small Cap Index Institutional VSCIX Fidelity Limited Term Bond Fund FJRLX 4 TIAA Traditional Retirement Choice Plus Guaranteed Fidelity Short Duration High Income Fund FSAHX 4 TIAA Traditional Retirement Choice Plus Guaranteed 9

10 Fidelity, continued balances with these options at Fidelity Fidelity Treasury Money Market Fund FLTXX 4 CREF Money Market Account R3 Variable Strategic Advisers Core Income Multi- Manager Fund FWHBX 4 Strategic Advisers Core Multi-Manager Fund FLAUX 4 Strategic Advisers Emerging Markets Fund Of Funds FLILX 4 Strategic Advisers Growth Multi-Manager Fund FMELX 4 Strategic Advisers International Multi-Manager Fund FMJDX 4 Strategic Advisers Multi-Manager 2005 Fund FEHPX 4 Strategic Advisers Multi-Manager 2010 Fund FEMPX 4 Strategic Advisers Multi-Manager 2015 Fund FEJPX 4 Strategic Advisers Multi-Manager 2020 Fund FEKPX 4 Strategic Advisers Multi-Manager 2025 Fund FEDPX 4 Strategic Advisers Multi-Manager 2030 Fund FECPX 4 Strategic Advisers Multi Manager 2035 Fund FENPX 4 Strategic Advisers Multi Manager 2040 Fund FEWPX 4 Strategic Advisers Multi-Manager 2045 Fund FEZPX 4 Strategic Advisers Multi Manager 2050 Fund FEYPX 4 Strategic Advisers Multi-Manager 2055 Fund FESPX 4 Strategic Advisers Multi-Manager 2060 Fund FNJPX 4 Strategic Advisers Multi-Manager Income Fund FEBPX 4 Strategic Advisers Small-Mid Cap Multi- Manager Fund FNAPX 4 Strategic Advisers Value Multi-Manager Fund FKMOX 4 Fidelity Global Bond FGBFX 4 Vanguard Target Retirement Income VTINX Vanguard Target Retirement 2010 VTENX Vanguard Target Retirement 2015 VTXVX Vanguard Target Retirement 2020 VTWNX Vanguard Target Retirement 2025 VTTVX Vanguard Target Retirement 2030 VTHRX Vanguard Target Retirement 2035 VTTHX Vanguard Target Retirement 2040 VFORX Vanguard Target Retirement 2045 VTIVX Vanguard Target Retirement 2050 VFIFX Vanguard Target Retirement 2055 VFFVX Vanguard Target Retirement 2060 VTTSX Vanguard Target Retirement Income VTINX Voya Small Cap Opportunities R6 ISOZX Fidelity Global Equity Income FGILX 4 Fidelity International Bond FINUX 4 Spartan Emerging Markets Index Fund FPEMX 4 Spartan Global Ex US Index Advantage FSGDX 4 50% Vanguard Institutional Index Institutional 50% Vanguard Total International Stock Index Institutional VINIX VTSNX 10

11 TIAA-CREF Annuities balances with these options at TIAA-CREF Your annuity account balances will remain where they are** and your future contributions after July 15, 2015 will flow into CREF Bond Market Account R3 Variable 4 CREF Equity Index Account R3 Variable 4 CREF Global Equities Account R3 Variable 4 CREF Growth Account R3 Variable 4 CREF Inflation-Linked Bond Account R3 Variable 4 50% Vanguard Institutional Index Institutional 50% Vanguard Total International Stock Index Institutional VINIX VTSNX CREF Money Market Account R3 Variable 4 CREF Money Market Account R3 Variable CREF Social Choice Account R3 Variable 4 TIAA-CREF Social Choice Equity Fund Institutional TISCX CREF Stock Account R3 Variable 4 TIAA Real Estate Account Variable 4 Morgan Stanley Institutional Global Real Estate Fund I MRLAX TIAA Traditional Guaranteed 4 TIAA Traditional Retirement Choice Guaranteed Plus **Assets remain in your existing investment option until you elect to transfer them. The TIAA Traditional in the Retirement Choice Plus contract has a guaranteed minimum interest rate of between 1% and 3%, which may be lower than your current guaranteed rate. On the other hand, TIAA Traditional may have a higher crediting rate than the plan s previous contracts. When TIAA Traditional assets are transferred out of an old contract, you risk giving up a favorable crediting rate(s) on older contributions. Retirement Choice Plus contracts have different liquidity rules. TIAA-CREF Mutual Funds balances with these options at TIAA CREF... Your existing account balances will automatically transfer on July 20, 2015, and your future contributions after July 15, 2015 will flow into... TIAA-CREF Emerging Markets Equity Fund - Institutional TEMLX 4 TIAA-CREF Emerging Markets Equity Index Fund - Institutional TEQLX 4 TIAA-CREF Global Natural Resources Fund - Institutional TNRIX 4 TIAA-CREF High-Yield Fund - Institutional TIHYX 4 TIAA-CREF International Equity Fund - Institutional TIIEX 4 TIAA-CREF Large-Cap Value Fund - Institutional TRLIX 4 TIAA-CREF Lifecycle 2010 Fund - Institutional TCTIX 4 TIAA-CREF Lifecycle 2015 Fund - Institutional TCNIX 4 TIAA-CREF Lifecycle 2020 Fund - Institutional TCWIX 4 TIAA-CREF Lifecycle 2025 Fund - Institutional TCYIX 4 Vanguard Target Retirement 2010 Fund VTENX Vanguard Target Retirement 2015 Fund VTXVX Vanguard Target Retirement 2020 Fund VTWNX Vanguard Target Retirement 2025 Fund VTTVX 11

12 TIAA-CREF Mutual Funds, continued balances with these options at TIAA CREF... Your existing account balances will automatically transfer on July 20, 2015, and your future contributions after July 15, 2015 will flow into... TIAA-CREF Lifecycle 2030 Fund - Institutional TCRIX 4 Vanguard Target Retirement 2030 Fund VTHRX TIAA-CREF Lifecycle 2035 Fund - Institutional TCIIX 4 TIAA-CREF Lifecycle 2040 Fund - Institutional TCOIX 4 TIAA-CREF Lifecycle 2045 Fund - Institutional TTFIX 4 TIAA-CREF Lifecycle 2050 Fund - Institutional TFTIX 4 TIAA-CREF Lifecycle 2055 Fund - Institutional TTRIX 4 Vanguard Target Retirement 2035 Fund VTTHX Vanguard Target Retirement 2040 Fund VFORX Vanguard Target Retirement 2045 Fund VTIVX Vanguard Target Retirement 2050 Fund VFIFX Vanguard Target Retirement 2055 Fund VFFVX TIAA-CREF Lifecycle Retirement Income Fund - Institutional TLRIX 4 TIAA-CREF Mid-Cap Growth Fund - Institutional TRPWX 4 TIAA-CREF Mid-Cap Value Fund - Institutional TIMVX 4 Vanguard Target Retirement Income Fund VTINX Artisan Mid Cap Institutional APHMX BlackRock Mid Cap Value Opportunities I MARFX TIAA-CREF Small-Cap Equity Fund - Institutional TIAA-CREF Social Choice Bond Fund - Institutional TIAA-CREF Social Choice Equity Fund - Institutional TISEX 4 TSBIX 4 TISCX 4 Vanguard Small Cap Index Institutional VSCIX TIAA-CREF Social Choice Equity Fund Institutional TISCX Vanguard balances with these options at Vanguard Vanguard Admiral Treasury Money Market Fund Vanguard Balanced Index Fund Investor VUSXX 4 CREF Money Market Account R3 Variable VBINX 4 Vanguard Capital Opportunity Fund Investor VHCOX 4 Vanguard Capital Value Fund VCVLX 4 Vanguard Convertible Securities Fund Investor Vanguard Developed Markets Index Fund Vanguard Dividend Growth Fund Investor VCVSX 4 VDVIX 4 VDIGX 4 Vanguard Emerging Markets Stock Index Fund VEIEX 4 Vanguard Equity Income Fund VEIPX 4 12

13 balances with these options at Vanguard Vanguard European Stock Index Fund VEURX 4 Vanguard Explorer Fund VEXPX 4 Voya Small Cap Opportunities R6 ISOZX Vanguard Extended Market Index Fund Vanguard Federal Money Market Fund Vanguard FTSE Social Index Fund Investor VEXMX 4 Vanguard Global Equity Fund VHGEX 4 Vanguard GNMA Fund VFIIX 4 Vanguard Mid Cap Index Institutional VMCIX VMFXX 4 CREF Money Market Account R3 Variable VFTSX 4 TIAA-CREF Social Choice Equity Fund Institutional TISCX 50% Vanguard Institutional Index Institutional 50% Vanguard Total International Stock Index Institutional VINIX VTSNX Vanguard Growth and Income Fund Investor VQNPX 4 Vanguard Growth Equity Fund VGEQX 4 Vanguard Growth Index Fund VIGRX 4 Vanguard Health Care Fund VGHCX 4 Vanguard High Dividend Yield Index Fund Vanguard High-Yield Corporate Fund Investor VHDYX 4 VWEHX 4 Vanguard Inflation-Protected Securities Fund VIPSX 4 Vanguard Institutional Index VINIX 4 Vanguard Intermediate-Term Bond Index Fund VBIIX 4 Vanguard Intermediate-Term Investment- Grade Fund VFICX 4 Vanguard Intermediate-Term Treasury Fund VFITX 4 Vanguard International Explorer Fund VINEX 4 Vanguard International Growth Fund Investor VWIGX 4 Vanguard International Value Fund VTRIX 4 Vanguard LifeStrategy Conservative Growth Fund VSCGX 4 Vanguard LifeStrategy Growth Fund VASGX 4 Vanguard LifeStrategy Income Fund VASIX 4 Vanguard LifeStrategy Moderate Growth Fund VSMGX 4 Vanguard Total Bond Market Index Institutional VBTIX American Funds EuroPacific Growth Fund R6 RERGX Dodge & Cox International Stock Institutional DODFX 13

14 Vanguard, continued balances with these options at Vanguard Vanguard Long-Term Bond Index Fund Vanguard Long-Term Investment-Grade Fund VBLTX 4 VWESX 4 Vanguard Total Bond Market Index Institutional VBTIX Vanguard Long-Term Treasury Fund Investor VUSTX 4 Vanguard Mid-Cap Growth Fund VMGRX 4 Artisan Mid Cap Institutional APHMX Vanguard Mid-Cap Index Fund Investor Vanguard Morgan Growth Fund Investor Vanguard Pacific Stock Index Fund Investor Vanguard Precious Metals and Mining Fund VIMSX 4 VMRGX 4 VPACX 4 VGPMX 4 Vanguard Mid Cap Index Institutional VMCIX Vanguard Prime Money Market Fund Investor VMMXX 4 CREF Money Market Account R3 Variable Vanguard PRIMECAP Fund VPMCX 4 Vanguard REIT Index Fund VGSIX 4 Morgan Stanley Institutional Global Real Estate Fund I MRLAX Vanguard Selected Value Fund Investor VASVX 4 BlackRock Mid Cap Value Opportunities I MARFX Vanguard Short-Term Bond Index Fund Vanguard Short-Term Federal Fund Investor Vanguard Short-Term Investment-Grade Fund VBISX 4 TIAA Traditional Retirement Choice Plus Guaranteed VSGBX 4 TIAA Traditional Retirement Choice Plus Guaranteed VFSTX 4 TIAA Traditional Retirement Choice Plus Guaranteed Vanguard Short-Term Treasury Fund Investor Vanguard Small-Cap Growth Index Fund Vanguard Small-Cap Index Fund Investor NAESX 4 Vanguard Small-Cap Value Index Fund VISVX 4 VFISX 4 TIAA Traditional Retirement Choice Plus Guaranteed VISGX 4 Voya Small Cap Opportunities R6 ISOZX Vanguard Small Cap Index Institutional VSCIX DFA US Small Cap Value I DFSVX Vanguard STAR Fund VGSTX 4 Vanguard Strategic Equity Fund Investor Vanguard Target Retirement 2010 Fund Vanguard Target Retirement 2015 Fund Vanguard Target Retirement 2020 Fund VSEQX 4 VTENX 4 VTXVX 4 VTWNX 4 Vanguard Mid Cap Index Institutional VMCIX Vanguard Target Retirement 2010 Fund VTENX Vanguard Target Retirement 2015 Fund VTXVX Vanguard Target Retirement 2020 Fund VTWNX 14

15 balances with these options at Vanguard Vanguard Target Retirement 2025 Fund Vanguard Target Retirement 2030 Fund Vanguard Target Retirement 2035 Fund Vanguard Target Retirement 2040 Fund Vanguard Target Retirement 2045 Fund Vanguard Target Retirement 2050 Fund Vanguard Target Retirement 2055 Fund Vanguard Target Retirement 2060 Fund Vanguard Target Retirement Income Fund Vanguard Total Bond Market Index Fund Vanguard Total International Stock Index Fund VTTVX 4 VTHRX 4 VTTHX 4 VFORX 4 VTIVX 4 VFIFX 4 VFFVX 4 VTTSX 4 VTINX 4 VBMFX 4 VGTSX 4 Vanguard Total Stock Market Index Fund Institutional VITSX 4 Vanguard U.S. Growth Fund VWUSX 4 Vanguard U.S. Value Fund VUVLX 4 Vanguard Value Index Fund VIVAX 4 Vanguard Wellesley Income Fund Investor VWINX 4 Vanguard Target Retirement 2025 Fund VTTVX Vanguard Target Retirement 2030 Fund VTHRX Vanguard Target Retirement 2035 Fund VTTHX Vanguard Target Retirement 2040 Fund VFORX Vanguard Target Retirement 2045 Fund VTIVX Vanguard Target Retirement 2050 Fund VFIFX Vanguard Target Retirement 2055 Fund VFFVX Vanguard Target Retirement 2060 Fund VTTSX Vanguard Target Retirement Income Fund Investor VTINX Vanguard Total Bond Market Index Institutional VBTIX Vanguard Wellington Fund VWELX 4 Vanguard Windsor Fund VWNDX 4 Vanguard Windsor II Fund VWNFX 4 15

16 Distributions from 403(b) plans before age 59½, severance from employment, death, or disability may be prohibited, limited, and/or subject to substantial tax penalties. Different restrictions may apply to other types of plans. account options are available through annuity contracts or certificates issued by TIAA or CREF. These contracts or certificates are designed for retirement or other long-term goals, and offer a variety of income options, including lifetime income. Payments from the variable annuity accounts are not guaranteed and will rise or fall based on investment performance. Investment, insurance and annuity products are not FDIC insured, are not bank guaranteed, are not bank deposits, are not insured by any federal government agency, are not a condition to any banking service or activity and may lose value. Investment products may be subject to market and other risk factors. See the applicable product literature, or visit for details. You should consider the investment objectives, risks, charges and expenses carefully before investing. Please call or go to for current product and fund prospectuses that contain this and other information. Please read the prospectuses carefully before investing. TIAA-CREF Individual & Institutional Services, LLC, Teachers Personal Investors Services, Inc., and Nuveen Securities, LLC, Members FINRA and SIPC, distribute securities products. contracts and certificates are issued by Teachers Insurance and Association of America (TIAA) and College Retirement Equities Fund (CREF), New York, NY. Each is solely responsible for its own financial condition and contractual obligations. Brokerage Services are provided by TIAA-CREF Brokerage Services, a division of TIAA-CREF Individual & Institutional Services, LLC Teachers Insurance and Association of America-College Retirement Equities Fund (TIAA-CREF), 730 Third Avenue, New York, NY C _513205b (05/15)