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Thursday, April 05, 2007|
TIAA-CREF Makes Fee Change
TIAA-CREF will raise the expense fee ratios on several of their funds for the second time in two years. The raise will affect a handful of money-losing funds that need the fee to avoid the danger of liquidation, reports Morningstar. The hardest hit fund will be the TIAA-CREF International Equity, where the rate will increase from 0.48% annually to 0.75%.
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