Please contact your Financial Advisor for more specific, personalized investment advice. For information on TIAA-CREF holdings in financial companies impacted by the recent market volatility, click here.
This material has been prepared by and represents the views of Brett Hammond, and does not reflect the views of any TIAA-CREF affiliate. These views may change in response to changing economic and market conditions. The material is for informational purposes only and should not be regarded as a recommendation or an offer to buy or sell any product or service. Brett Hammond is available to comment on economic data. If you wish to speak with him, please contact Chad Peterson, Media Relations, 1 212 916-4808 or email cpeterson@tiaa-cref.org.
Please note that all TIAA-CREF investment products are subject to market risk and other risk factors. Equity investments are subject to several risk factors including price risk. Bond investments carry interest rate risk and default risk. Rebalancing does not protect against losses or guarantee that an investor's goal will be met. Alt-A loans are mortgage loans based largely on credit scores rather than typical documentation on the borrower's creditworthiness.
Annuity products are issued by TIAA (Teachers Insurance and Annuity Association), New York, NY. TIAA insurance ratings information: A++, A.M. Best Company (as of 9/08); AAA, Fitch Ratings (as of 8/08); Aaa, Moody's Investors Service (as of 7/08); AAA, Standard & Poor's (as of 8/08) - the highest possible ratings from these independent analysts. These ratings do not apply to variable annuities, mutual funds, or any other product or service not fully backed by TIAA's/TIAA-CREF Life's claims-paying ability. Any guarantees under annuities issued by TIAA are subject to TIAA's claims-paying ability. Payments under CREF and the TIAA Real Estate Account are variable and will rise or fall based on investment performance.
TIAA-CREF Individual & Institutional Services, LLC and Teachers Personal Investors Services, Inc., members FINRA, distribute securities products.
