We Invest to Help Pay the Cost of Pension Benefits Today and Tomorrow
We are global investors with expertise in all corners of the investment universe. But no matter where we invest, one goal is paramount: increase the value of the plan's assets to help Teachers' meet its long-term funding needs. To achieve our objective, we employ investment strategies that are honed by years of practical experience as responsible investors.
We report investment progress publicly on an annual basis following the end of each calendar year. Our most recent annual report was for the year ended December 31, 2012.
Steady Net Asset Growth Since Inception
Active Management Adds to the Plan's Assets

| 2012 | 2011 | 4-year | 10-year | Since Inception | |
|---|---|---|---|---|---|
| Total Return (%) | 13.0 | 11.2 | 12.9 | 9.6 | 10.1 |
| Benchmark (%) | 11.0 | 9.8 | 9.8 | 7.6 | 7.9 |
Learn more about Active Management
Net Investments by Asset Class Reflect Our Asset Mix Strategy

Teachers' Performance Number One Compared to Global Pension Peers
For the 10 years ended December 31, 2011, Teachers' total returns were the highest among global peer funds and we were also number one in value-added returns above the benchmark for the same period, according to CEM Benchmarking Inc., an independent authority.