AMENDMENT TO THE INVESTMENT MANAGEMENT AGREEMENT FOR THE TIAA-CREF INTERNATIONAL SMALL-CAP EQUITY FUND
Exhibit (d)(82)
AMENDMENT TO THE INVESTMENT MANAGEMENT
AGREEMENT FOR THE
TIAA-CREF INTERNATIONAL SMALL-CAP EQUITY FUND
AMENDMENT, dated December 9, 2016, to the Amended and Restated Investment Management Agreement (the “Agreement”), as amended, by and between TIAA-CREF Funds (the “Trust”) and Teachers Advisors, Inc.
WHEREAS, on October 1, 2016, Teachers Advisors, Inc. converted from a Delaware corporation to a Delaware limited liability company thereby becoming Teachers Advisors, LLC (“Advisors”); and
WHEREAS, the Trust has established one additional series, the TIAA-CREF Small-Cap Equity Fund (the “Fund”), for which the Trust would like Advisors to serve as investment manager pursuant to the terms of the Agreement between the Trust and Advisors, whereby Advisors provides investment management services to series of the Trust for a fee;
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:
| 1. | The following Fund shall be subject to the terms and provisions of the Agreement: | |
| International Small-Cap Equity Fund | ||
| 2. | The existing Appendix A of the Agreement shall be replaced in its entirety with the attached updated Appendix A. | |
| 3. | All references in the Agreement to “Teachers Advisors, Inc.” shall be replaced in their entirety with “Teachers Advisors, LLC”. | |
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: | ||
| Title: | ||
| TEACHERS ADVISORS, LLC | ||
| By: | ||
| Title: | ||
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--$2.0 | 0.47% |
| Over $2.0--$4.0 | 0.44% |
| Over $4.0--$8.0 | 0.41% |
| Over $8.0 | 0.38% |
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--$2.0 | 0.42% |
| Over $2.0--$4.0 | 0.39% |
| Over $4.0--$8.0 | 0.36% |
| Over $8.0 | 0.33% |
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--$2.0 | 0.41% |
| Over $2.0--$4.0 | 0.38% |
| Over $4.0--$8.0 | 0.35% |
| Over $8.0 | 0.32% |
Small-Cap Equity Fund
Small/Mid-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--$2.0 | 0.39% |
| Over $2.0--$4.0 | 0.36% |
| Over $4.0--$8.0 | 0.33% |
| Over $8.0 | 0.30% |
Global Natural Resources Fund
| Assets Under Management (Billions) | Fee Rate (average daily net assets) |
| $0.0--$1.0 | 0.65% |
| Over $1.0--$2.0 | 0.62% |
| Over $2.0--$4.0 | 0.59% |
| Over $4.0--$8.0 | 0.56% |
| Over $8.0 | 0.53% |
Emerging Markets Equity Fund
| Assets Under Management (Billions) | Fee Rate (average daily net assets) |
| $0.0--$1.0 | 0.85% |
| Over $1.0--$2.0 | 0.82% |
| Over $2.0--$4.0 | 0.79% |
| Over $4.0--$8.0 | 0.76% |
| Over $8.0 | 0.73% |
International Opportunities Fund
| Assets Under Management (Billions) | Fee Rate (average daily net assets) |
| $0.0--$1.0 | 0.60% |
| Over $1.0--$2.0 | 0.57% |
| Over $2.0--$4.0 | 0.54% |
| Over $4.0--$8.0 | 0.51% |
| Over $8.0 | 0.48% |
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--$2.0 | 0.30% |
| Over $2.0--$4.0 | 0.25% |
| Over $4.0--$8.0 | 0.20% |
| Over $8.0 | 0.15% |
Enhanced International Equity Index Fund
| Assets Under Management (Billions) | Fee Rate (average daily net assets) |
| $0.0--$1.0 | 0.40% |
| Over $1.0--$2.0 | 0.35% |
| Over $2.0--$4.0 | 0.30% |
| Over $4.0--$8.0 | 0.25% |
| Over $8.0 | 0.20% |
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--$2.0 | 0.29% |
| Over $2.0--$4.0 | 0.28% |
| Over $4.0--$8.0 | 0.27% |
| Over $8.0 | 0.26% |
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--$2.0 | 0.24% |
| Over $2.0--$4.0 | 0.23% |
| Over $4.0--$8.0 | 0.22% |
| Over $8.0 | 0.21% |
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--$2.0 | 0.34% |
| Over $2.0--$4.0 | 0.33% |
| Over $4.0--$8.0 | 0.32% |
| Over $8.0 | 0.31% |
Emerging Markets Debt Fund
| Assets Under Management (Billions) | Fee Rate (average daily net assets) |
| $0.0--$1.0 | 0.55% |
| Over $1.0--$2.0 | 0.53% |
| Over $2.0--$4.0 | 0.51% |
| Over $4.0--$8.0 | 0.49% |
| Over $8.0 | 0.47% |
| 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 |
| Lifecycle 2060 Fund | Lifecycle Index 2060 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% |
Social Choice International Equity Fund
| Assets Under Management (Billions) | Fee Rate (average daily net assets) |
| All Assets | 0.30% |
Social Choice Low Carbon Equity Fund
| Assets Under Management (Billions) | Fee Rate (average daily net assets) |
| All Assets | 0.25% |
Short-Term Bond Index Fund
| Assets Under Management (Billions) | Fee Rate (average daily net assets) |
| All Assets | 0.07% |
International Bond Fund
| Assets Under Management (Billions) | Fee Rate (average daily net assets) |
| $0.0--$1.0 | 0.55% |
| Over $1.0--$2.0 | 0.54% |
| Over $2.0--$4.0 | 0.53% |
| Over $4.0--$8.0 | 0.52% |
| Over $8.0 | 0.51% |
International Small-Cap Equity Fund
| Assets Under Management (Billions) | Fee Rate (average daily net assets) |
| $0.0--$1.0 | 0.65% |
| Over $1.0--$2.0 | 0.62% |
| Over $2.0--$4.0 | 0.59% |
| Over $4.0--$8.0 | 0.56% |
| Over $8.0 | 0.53% |
