TIAA CREF is a fortune 100 financial services organization founded in 1918 and is the leading provider of U.S. retirement benefits serving nearly 4 million particiapants at more than 15,000 institutions and 27,000 plans. TIAA-CREF offer retirement plans, annuities, life insurance, and socially responsible investing, and has over $481 billion of assets under management.
The Social Choice Bond Fund is a mutual fund strategy seeking favorable long-term total return through income and capital appreciation, consistent with preserving capital while giving special consideration to social criteria. The strategy focuses primarily on undervalued, investment-grade securities and seeks to add value through duration positioning, yield-curve positioning, sector allocation, proactive social investments and security selection. All investments are evaluated by ESG metrics; an additional 10% allocation to proactive social investments provides exposure to socially beneficial companies and projects. TIAA‐CREF utilizes a comprehensively screened, established social index generated by third party vendors to determine its investable universe