Think all ESG products are the same? Think again…

1 Effective 01 March 2020, “TIAA-CREF Social Choice Bond Fund” changed to “TIAA-CREF Core Impact Bond Fund”. The name change does not change the investment strategy or the management. For additional information regarding the change, please consult the prospectus.

2 Symbols shown are Institutional and Advisor class shares, respectively. Institutional Class shares are available for purchase directly from the Fund by certain eligible investors (which include employee benefit plans and financial intermediaries). Advisor class shares are available for purchase through certain financial intermediaries and employee benefit plans.

3 Available as a national portfolio. Also available as California state specific or state preference portfolio

4 Effective 3 February 2020, the name of Nuveen Winslow U.S. Large-Cap Growth ESG Fund changed from Winslow Socially Aware U.S. Large Cap Growth. Symbols shown are Institutional and Class A class shares, respectively.

5 Available as separately managed account.

The funds and strategies are subject to certain risks, such as market and investment-style risks. Please consider all risks carefully prior to investing. Because ESG criteria excludes some investments, the funds and strategies may not be able to take advantage of the same opportunities or market trends as funds that do not use such criteria. 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. Foreign investing involves certain risks, including currency fluctuations and controls, restrictions on foreign investments, less governmental supervision and regulation, less liquidity, and the potential for market volatility and political instability. Fixed-income securities are subject to interest-rate risk. When interest rates rise, the value of fixed-income securities generally declines. Investments in inflation-linked securities can be affected by changes in investors’ inflation expectations or changes in real interest rates.

A word on risk

Investing involves risk; principal loss is possible. There is no guarantee the ETFs’ investment objectives will be achieved. These ETFs seek to generally track the investment results of an index; however the Funds may underperform, outperform or be more volatile than the referenced index. Because the Index selects securities for inclusion based on environmental, social, and governance (ESG) criteria, the Funds may forgo some market opportunities available to funds that don’t use these criteria. These and other risk considerations are described in detail in the Funds’ prospectus. Shares of ETFs are bought and sold at market price as opposed to net asset value. As a result, an investor may pay more than net asset value when buying and receive less than net asset value when selling. In addition, brokerage commissions will reduce returns. Fund shares are not individually redeemable directly with the Fund, but blocks of shares may be acquired from the Fund and tendered for redemption to the Fund by certain institutional investors in Creation Units. Open-end mutual funds, closed-end funds, exchanged-traded funds and separately managed accounts are different investment products, each with its own features, terms and conditions, fee structures and risk factors and certain restrictions may apply. Before investing, carefully consider fund investment objectives, risks, charges and expenses. For this and other information that should be read carefully, please request a prospectus or summary prospectus from Nuveen at 800.752.8700 or visit nuveen.com.

Nuveen Securities, LLC, member FINRA and SIPC.