AMENDMENT TO THE INVESTMENT MANAGEMENT AGREEMENT FOR THE TIAA-CREF FUNDS
Exhibit (d)(35)
AMENDMENT
TO THE INVESTMENT MANAGEMENT AGREEMENT
FOR THE TIAA-CREF FUNDS
AMENDMENT, dated May 1, 2010, to the Investment Management Agreement dated February 1, 2006 (the “Agreement”), as amended, by and between TIAA-CREF Funds (the “Trust”) and Teachers Advisors, Inc. (“Advisors”).
WHEREAS, the Trust and Advisors have agreed to a permanent reduction in the investment management fees charged by Advisors under the Agreement to the TIAA-CREF Inflation-Linked Bond Fund;
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 following shall replace the current fee rate entry on Appendix A for the Inflation-Linked Bond Fund effective May 1, 2010:
Inflation-Linked Bond Fund
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Assets Under Management (Billions) |
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Fee Rate (average daily net assets) |
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$0.0-$1.0 |
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0.25% |
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Over $1.0-$2.5 |
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0.24% |
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Over $2.5-$4.0 |
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0.23% |
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Over $4.0 |
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0.22% |
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.
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By: |
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Title: |
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TEACHERS ADVISORS, INC. |
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By: |
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Title: |
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