For more stories like this, sign up for the PLANADVISERdash daily newsletter.
Products December 5, 2013
Merrill Adds TIAA-CREF Funds
Twenty TIAA-CREF mutual funds are now available through the Merrill Lynch Wealth Management and Merrill Edge investment platforms.
Reported by PLANADVISER staff
The funds cover a breadth of investment styles across equity, fixed income, target-date and multi-asset class strategies, as well as an option that incorporates environmental, social and governance (ESG) factors.
The funds strive to offer low expense ratios, according to a statement from TIAA-CREF.
TIAA-CREF is a financial and retirement services provider specializing in the academic, research, medical and cultural fields. More information on the funds is available at www.tiaa-cref.org.
You Might Also Like:
401(k) Traders Shifting to Fixed Income
There is a ‘rebalancing’ happening after four consecutive quarters of a lean toward equity investing, according to Alight data.
US Retirement Assets Hit Record $40T
Asset growth is led by an increase in holdings in IRAs and 401(k) plans.
Raymond James Fined Over Mutual Fund Monitoring
FINRA fined two of the firm’s subsidiaries a total of $1.8 million for allegations of failing to properly review mutual...