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Find out more and view the entire transition guide! (PDF) - TIAA-CREF

Find out more and view the entire transition guide! (PDF) - TIAA-CREF

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9. What does “best-in-class” mean?“Best-in-class” refers to a diverse set of actively <strong>and</strong>passively managed mutual funds that have performedconsistently well against <strong>the</strong>ir benchmarks <strong>and</strong> o<strong>the</strong>rfunds within <strong>the</strong>ir peer group. (Please note that pastperformance does not guarantee future results.)10. What do <strong>the</strong> terms “re-directing” or “mapping” mean?The terms “re-directing” or “mapping” refer to a financialindustry st<strong>and</strong>ard method of transferring investmentallocations/instructions for future contributions fromone investment provider to ano<strong>the</strong>r in a retirement planconversion. This process begins by analyzing <strong>the</strong>investments from which investors are being re-directed<strong>and</strong> determining <strong>the</strong> investment categories for <strong>the</strong>sefunds (this step is typically determined by an independentparty like Morningstar, Inc.). The next step is finding afund on <strong>the</strong> new Investment Menu that is in <strong>the</strong> sameor similar category as <strong>the</strong> closing fund on <strong>the</strong> previousmenu. The investment allocations/instructions forfuture contributions are <strong>the</strong>n re-directed, or “mapped,”from <strong>the</strong> closing fund to <strong>the</strong> similar fund on <strong>the</strong>new Investment Menu.11. How do I speak to someone foradditional information?Wells Fargo Advisors: You can call a local Chicagoadvisor at Wells Fargo at 312 648-5252.Fidelity Investments: You can call a FidelityConsultant at 800 343-0860, Monday throughFriday 7 a.m. to 11 p.m. (CT).<strong>TIAA</strong>-<strong>CREF</strong>: You can call a <strong>TIAA</strong>-<strong>CREF</strong> Consultantat 800 842-2252, Monday through Friday 7 a.m.to 9 p.m. <strong>and</strong> Saturday 8 a.m. to 5 p.m. (CT).12. How do I compare my current investment options’returns versus <strong>the</strong> replacement funds’ returns?To compare a Fidelity Fund with a replacement fund:• Go to fidelity.com• Enter username <strong>and</strong> password• Select <strong>the</strong> Research tab at <strong>the</strong> top of <strong>the</strong> page• Enter <strong>the</strong> name of <strong>the</strong> fund or <strong>the</strong> symbol of yourcurrent holding• A graph with <strong>the</strong> returns appears on <strong>the</strong> right sideof <strong>the</strong> page• Enter <strong>the</strong> name of <strong>the</strong> fund or <strong>the</strong> symbol of <strong>the</strong> newreplacement fund• A graph appears with <strong>the</strong> returns for both funds• Select 5 year for <strong>the</strong> 5-year comparison of <strong>the</strong> 2 fundsTo compare a <strong>TIAA</strong>-<strong>CREF</strong> fund with a similar<strong>TIAA</strong>-<strong>CREF</strong> replacement fund:• Go to tiaa-cref.org• Select <strong>the</strong> Research & Performance tab at <strong>the</strong> top of<strong>the</strong> page, <strong>the</strong>n select Compare Investments at <strong>the</strong>bottom of <strong>the</strong> menu— Above <strong>the</strong> graph, click X Clear All• Below <strong>the</strong> graph that appears on <strong>the</strong> page, go to <strong>the</strong>Enter a <strong>TIAA</strong>-<strong>CREF</strong> investment to compare section<strong>and</strong> enter <strong>the</strong> ticker symbol of your current holding• A graph of <strong>the</strong> return appears above, <strong>and</strong> informationab<strong>out</strong> <strong>the</strong> fund will appear below whereit was entered• You may continue this process up to five times tocompare different funds’ or accounts’ performanceNorthwestern Medical Faculty Foundation | 5

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