About QCGRIX
The College Retirement Equities Fund Growth Account Class R3 is an actively managed variable annuity investment option designed to pursue long-term capital appreciation. This asset primarily invests at least 80% of its portfolio in common stocks and equity securities, with a strategic focus on large, well-known, and established companies, particularly those with innovative products, services, or processes that support future earnings growth. It diversifies across various sectors, with significant allocations to information technology, consumer discretionary, and communication services firms. The fund employs a blend of active management, quantitative analysis, and index-based strategies to build and adjust its portfolio, which includes exposure to both domestic and, to a limited extent, foreign equities. The College Retirement Equities Fund Growth Account Class R3 benchmarks its performance against the Russell 1000 Growth Index and is especially notable for its role in supporting retirement planning by offering participants the option to convert account balances into lifetime income streams. Its diversified, growth-oriented approach makes it a central component in retirement-focused investment strategies for those seeking equity market exposure with a potential for long-term asset accumulation.
Stock Exchange NASDAQ
Ticker Symbol QCGRIX
Index Russell 1000 Growth TR
QCGRIX had a total return of 7.94% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.05%.
