Mid-Cap Growth



Objective & Philosophy
The Mid-Cap Growth investment strategy seeks a favorable long-term total return, mainly through capital appreciation, primarily from equity securities of medium-sized domestic companies. 
Key Facts
Asset Class: Equity
Inception Date: 10/01/2002
Benchmark: Russell Midcap® Growth Index
Portfolio Management: Ted Scalise, CFA, Managing Director
Investment Strategy
The Mid-Cap Growth investment team uses a proprietary quantitative model to identify companies believed to have favorable prospects for strong earnings or sales growth and that are in new and emerging areas of the economy.  Ideal investment candidates also have distinctive products or services, and are growing faster than the overall equity market. The strategy may also invest in companies that the portfolio managers believe to be undervalued based on current earnings, assets or future growth prospects.
Performance & Statistics

All data is shown in U.S. Dollars. Non-performance information is based on a representative account of the strategy. Each portfolio may differ due to specific investment restrictions and guidelines. Past performance is not an indicator or guarantee of future results. The gross performance returns presented reflect the reinvestment of dividends and other earnings but do not reflect the deduction of investment advisory fees and other expenses. A client's return will be reduced by advisory fees and any other expenses it may incur in the management of its investment advisory account.

Portfolios within the composite are subject to certain risks such as market and investment style risk. Investments in small- to medium-sized corporations are more vulnerable to financial risks and other risks than larger corporations and may involve a higher degree of price volatility than investments in the general equity markets. 

The Russell Midcap® Growth Index  is a subset of the Russell Midcap® Index, which measures the performance of  the stocks of the 800 smallest U.S. companies in the Russell 1000® Index, based on market capitalization. The Russell Midcap Growth Index measures the performance of those stocks of the Russell Midcap companies with higher relative forecasted growth rates and price-to-book ratios.

The separate account minimum is $50 million.

This material is provided for informational purposes only and should not be regarded as a recommendation or an offer to buy or sell any product or service to which this information may relate. TIAA-CREF claims compliance with the Global Investment Performance Standards (GIPS®). TIAA-CREF is a group of companies that manages domestic, international and global investment strategies for clients worldwide, and provides insurance-related financial services. To receive a complete list and descriptions of TIAA-CREF composites and/or a presentation that adheres to the GIPS standards, please Contact Us.

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