AMENDMENT TO THE INVESTMENT MANAGEMENT AGREEMENT FOR THE TIAA-CREF FUNDS
Exhibit (d)(63)
AMENDMENT TO THE INVESTMENT MANAGEMENT AGREEMENT
FOR THE TIAA-CREF FUNDS
AMENDMENT, dated May 1, 2014, to the Investment Management Agreement (the “Agreement”), as amended, by and between TIAA-CREF Funds (the “Trust”) and Teachers Advisors, Inc. (“Advisors”).
WHEREAS, the Board has approved certain changes to the advisory fee rates of many series of the Trust (the “Funds”), including changes to certain Funds’ breakpoint fee schedules, and wish the Agreement to reflect such changes;
NOW, THEREFORE, in consideration of the promises and the mutual covenants herein contained, the Trust and Advisors hereby agree to amend the Agreement as follows:
The existing Appendix A of the Agreement shall be replaced in its entirety with the attached updated Appendix A.
IN WITNESS WHEREOF, the Trust and Advisors have caused this Amendment to be executed in their names and on their behalf by and through their duly authorized officers on the day and year first written above.
By: Xxxxxxx X. Xxxx
Title: Treasurer
TEACHERS ADVISORS, INC.
By: Xxxxx Xxxxxxx
Title: Chief Operating Officer
APPENDIX A
International Equity Fund
Real Estate Securities Fund
Assets Under Management (Billions) | Fee Rate (average daily net assets) |
$0.0--$1.0 | 0.50% |
Over $1.0--$2.5 | 0.48% |
Over $2.5--$4.0 | 0.46% |
Over $4.0 | 0.44% |
Growth & Income Fund
Large-Cap Growth Fund
Large-Cap Value Fund
Assets Under Management (Billions) | Fee Rate (average daily net assets) |
$0.0--$1.0 | 0.45% |
Over $1.0--$2.5 | 0.43% |
Over $2.5--$4.0 | 0.41% |
Over $4.0 | 0.39% |
Mid-Cap Growth Fund
Mid-Cap Value Fund
Assets Under Management (Billions) | Fee Rate (average daily net assets) |
$0.0--$0.5 | 0.48% |
Over $0.5--$0.75 | 0.46% |
Over $0.75--$1.0 | 0.44% |
Over $1.0--$2.5 | 0.42% |
Over $2.5--$4.0 | 0.40% |
Over $4.0 | 0.38% |
Small-Cap Equity Fund
Assets Under Management (Billions) | Fee Rate (average daily net assets) |
$0.0--$0.5 | 0.46% |
Over $0.5--$0.75 | 0.44% |
Over $0.75--$1.0 | 0.42% |
Over $1.0--$2.5 | 0.40% |
Over $2.5--$4.0 | 0.38% |
Over $4.0 | 0.36% |
Over $6.0 | 0.34% |
Global Natural Resources Fund
Assets Under Management (Billions) | Fee Rate (average daily net assets) |
$0.0--$1.0 | 0.65% |
Over $1.0--$2.5 | 0.63% |
Over $2.5--$4.0 | 0.61% |
Over $4.0 | 0.59% |
Emerging Markets Equity Fund
Assets Under Management (Billions) | Fee Rate (average daily net assets) |
$0.0--$1.0 | 0.85% |
Over $1.0--$2.5 | 0.83% |
Over $2.5--$4.0 | 0.81% |
Over $4.0 | 0.79% |
International Opportunities Fund
Assets Under Management (Billions) | Fee Rate (average daily net assets) |
$0.0--$1.0 | 0.60% |
Over $1.0--$2.5 | 0.58% |
Over $2.5--$4.0 | 0.56% |
Over $4.0 | 0.54% |
Large-Cap Growth Index Fund
Large-Cap Value Index Fund
Equity Index Fund
S&P 500 Index Fund
Small-Cap Blend Index Fund
International Equity Index Fund
Assets Under Management (Billions) | Fee Rate (average daily net assets) |
All Assets | 0.04% |
Emerging Markets Equity Index Fund
Assets Under Management (Billions) | Fee Rate (average daily net assets) |
All Assets | 0.14% |
Enhanced Large-Cap Growth Index Fund
Enhanced Large-Cap Value Index Fund
Assets Under Management (Billions) | Fee Rate (average daily net assets) |
$0.0--$1.0 |
0.35% |
Over $1.0--$2.5 | 0.30% |
Over $2.5--$4.0 | 0.25% |
Over $4.0 | 0.20% |
Enhanced International Equity Index Fund
Assets Under Management (Billions) | Fee Rate (average daily net assets) |
$0.0--$1.0 |
0.40% |
Over $1.0--$2.5 | 0.35% |
Over $2.5--$4.0 | 0.30% |
Over $4.0 | 0.25% |
Social Choice Equity Fund
Assets Under Management (Billions) | Fee Rate (average daily net assets) |
All Assets | 0.15% |
Managed Allocation Fund
Assets Under Management (Billions) | Fee Rate (average daily net assets) |
All Assets | 0.00% |
Bond Fund
Bond Plus Fund
Tax-Exempt Bond Fund
Assets Under Management (Billions) | Fee Rate (average daily net assets) |
$0.0--$1.0 | 0.30% |
Over $1.0--$2.5 | 0.29% |
Over $2.5--$4.0 | 0.28% |
Over $4.0 | 0.27% |
Short-Term Bond Fund
Inflation-Linked Bond Fund
Assets Under Management (Billions) | Fee Rate (average daily net assets) |
$0.0--$1.0 | 0.25% |
Over $1.0--$2.5 | 0.24% |
Over $2.5--$4.0 | 0.23% |
Over $4.0 | 0.22% |
High-Yield Fund
Social Choice Bond Fund
Assets Under Management (Billions) | Fee Rate (average daily net assets) |
$0.0--$1.0 | 0.35% |
Over $1.0--$2.5 | 0.34% |
Over $2.5--$4.0 | 0.33% |
Over $4.0 | 0.32% |
Bond Index Fund | Money Market Fund |
Lifecycle Retirement Income Fund | Lifecycle Index Retirement Income Fund |
Lifecycle 2010 Fund | Lifecycle Index 2010 Fund |
Lifecycle 2015 Fund | Lifecycle Index 2015 Fund |
Lifecycle 2020 Fund | Lifecycle Index 2020 Fund |
Lifecycle 2025 Fund | Lifecycle Index 2025 Fund |
Lifecycle 2030 Fund | Lifecycle Index 2030 Fund |
Lifecycle 2035 Fund | Lifecycle Index 2035 Fund |
Lifecycle 2040 Fund | Lifecycle Index 2040 Fund |
Lifecycle 2045 Fund | Lifecycle Index 2045 Fund |
Lifecycle 2050 Fund | Lifecycle Index 2050 Fund |
Lifecycle 2055 Fund | Lifecycle Index 2055 Fund |
Lifestyle Income Fund | Lifestyle Conservative Fund |
Lifestyle Moderate Fund | Lifestyle Growth Fund |
Lifestyle Aggressive Growth Fund |
Assets Under Management (Billions) | Fee Rate (average daily net assets) |
All Assets | 0.10% |