Investment Strategy
The Fund employs an indexing investment approach designed to track the performance of the CRSP US Large Cap Growth Index (the “Target Index”), a broadly diversified index made up of the growth stocks of large U.S. companies, as determined by the index provider. Under normal circumstances, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the stocks that make up the Target Index. The Fund attempts to replicate the Target Index by investing all, or substantially all, of its assets in the stocks that make up the Target Index, holding each stock in approximately the same proportion as its weighting in the Target Index.
Fees & Expenses
| Net Expense Ratio | 0.03% |
| Management Fee | 0.03% |
| Portfolio Turnover | 12% |
Reported Performance
Average annual returns as reported in the fund's most recent prospectus. Past performance does not guarantee future results.
| 1-Year Return | 19.44% |
| 5-Year Avg Annual | 14.63% |
| 10-Year Avg Annual | 17.45% |
Holdings
Top 10 holdings
| Name | Ticker | Weight | Value |
|---|---|---|---|
| NVIDIA CORP | NVDA | 12.63% | $47,902,166,679 |
| APPLE INC | AAPL | 11.67% | $44,261,038,601 |
| MICROSOFT CORP | MSFT | 7.61% | $28,881,248,073 |
| ALPHABET INC-A | GOOGL | 5.76% | $21,828,784,998 |
| ALPHABET INC-C | GOOG | 4.53% | $17,192,502,505 |
| AMAZON.COM INC | AMZN | 4.47% | $16,958,826,723 |
| BROADCOM INC | AVGO | 4.28% | $16,247,444,158 |
| META PLATFORMS-A | META | 3.41% | $12,930,016,647 |
| TESLA INC | TSLA | 3.27% | $12,391,061,905 |
| ELI LILLY & CO | LLY | 2.81% | $10,643,621,877 |
Country
| Country | Weight |
|---|---|
| United States | 100.3% |
| Total | 100.3% |
Region
| Region | Weight |
|---|---|
| Americas | 100.3% |
| Total | 100.3% |
Market classification
| Market | Weight |
|---|---|
| Developed | 100.3% |
| Total | 100.3% |
Sector
| Sector | Weight |
|---|---|
| Information Technology | 57.4% |
| Industrials | 18.0% |
| Consumer Discretionary | 13.1% |
| Health Care | 6.1% |
| Communication Services | 1.0% |
| Materials | 1.0% |
| Real Estate | 1.0% |
| Financials | 0.8% |
| Utilities | 0.3% |
| Consumer Staples | 0.2% |
| Other | 0.0% |
| Unknown | 1.2% |
| Total | 100.3% |
Market cap
| Cap | Weight |
|---|---|
| Mega | 72.9% |
| Large | 26.0% |
| Mid | 0.7% |
| Small | 0.0% |
| Micro | 0.4% |
| Non-equity | 0.3% |
| Total | 100.3% |
Asset class
| Class | Weight |
|---|---|
| Equity-common | 100.0% |
| Short-term investment | 0.3% |
| Total | 100.3% |
Issuer type
| Type | Weight |
|---|---|
| Corporate | 100.3% |
| Total | 100.3% |