haku: @author Hoi, C. K. / yhteensä: 1
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| Tekijä: | From, E. H. Hoi, C. K. |
| Otsikko: | The CREF Stock Fund at 50 |
| Lehti: | Business Horizons
2001 : NOV-DEC, VOL. 44:6, p. 67-72 |
| Asiasana: | STOCKS FUNDS INVESTORS |
| Kieli: | eng |
| Tiivistelmä: | The authors of the article state that the CREF stock fund is approaching half a century. The authors answer the question - how well has the first equity variable annuity served investors. The authors state that the year 2002 will mark the fiftieth anniversary of the establishment of the College Retirement Equities Fund, commonly called CREF. This was the first variable annuity retirement fund, and the first to focus its investments on common stock equities. Originally it was restricted to individuals employed in academic and research institutions. And although the customer base for CREF and its older companion, the traditional annuity (TIAA), has been broadened in recent years, the vast majority of CREF participants are still drawn from academic and research institutions. |
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