Included in this category are multi-asset investments that can help you prepare for your retirement, conform to your risk-tolerance level, and help you allocate investment assets in a socially responsible way.
TIAA-CREF Lifecycle Funds are "funds of funds" that seek high total return over time through a combination of capital appreciation and income. The funds invest in underlying mutual funds according to an asset-allocation strategy designed for investors planning to retire in — or within a few years of — the fund's target year. Each fund’s allocation at target date is 50% equities and 50% non-equities. The funds continue to adjust, becoming more conservative, for about 7 to 10 years after their target date until they reach their final allocation of 40% equities and 60% non-equities.
Lifecycle Funds offer:
- "One Decision" retirement strategy: Just select the fund that's closest to your expected year of retirement.
- Built-in Rebalancing: Each fund's investments automatically adjust from a more aggressive, higher risk allocation to a more conservative, lower risk allocation as the target retirement date approaches.1
- A managed, diversified portfolio: Each Lifecycle Fund provides a ready-made diversified portfolio using TIAA-CREF mutual funds as underlying investments that include both equity and fixed-income instruments.
As with all mutual funds, the principal value of a Lifecycle Fund 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.You can choose from among the following TIAA-CREF Lifecycle Funds:
