Investment Strategy
The Fund employs an indexing investment approach designed to track the performance of the CRSP US Total Market Index (the “Target Index”), which represents 100% of the investable U.S. stock market, as determined by the index provider. The Target Index includes large-, mid-, small-, and micro-cap stocks regularly traded on the New York Stock Exchange and Nasdaq. 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 invests by sampling the Target Index, meaning that it holds a range of securities that, in the aggregate, approximates the full Target Index in terms of key risk factors and other characteristics.
Fees & Expenses
| Net Expense Ratio | 0.03% |
| Management Fee | 0.03% |
| Portfolio Turnover | 3% |
Reported Performance
Average annual returns as reported in the fund's most recent prospectus. Past performance does not guarantee future results.
| 1-Year Return | 17.10% |
| 5-Year Avg Annual | 13.06% |
| 10-Year Avg Annual | 14.25% |
Holdings
Top 10 holdings
| Name | Ticker | Weight | Value |
|---|---|---|---|
| NVIDIA CORP | NVDA | 6.57% | $135,302,984,018 |
| APPLE INC | AAPL | 6.13% | $126,245,057,640 |
| MICROSOFT CORP | MSFT | 5.49% | $112,960,950,033 |
| AMAZON.COM INC | AMZN | 3.39% | $69,792,275,231 |
| ALPHABET INC-A | GOOGL | 2.78% | $57,234,147,726 |
| BROADCOM INC | AVGO | 2.50% | $51,364,807,253 |
| ALPHABET INC-C | GOOG | 2.20% | $45,320,040,954 |
| META PLATFORMS-A | META | 2.20% | $45,178,904,240 |
| TESLA INC | TSLA | 1.94% | $39,954,965,504 |
| ELI LILLY & CO | LLY | 1.40% | $28,738,519,756 |
Country
| Country | Weight |
|---|---|
| United States | 100.1% |
| Total | 100.1% |
Region
| Region | Weight |
|---|---|
| Americas | 100.1% |
| Total | 100.1% |
Market classification
| Market | Weight |
|---|---|
| Developed | 100.1% |
| Total | 100.1% |
Sector
| Sector | Weight |
|---|---|
| Information Technology | 35.3% |
| Industrials | 14.0% |
| Consumer Discretionary | 12.6% |
| Financials | 11.7% |
| Health Care | 10.0% |
| Materials | 3.0% |
| Utilities | 3.0% |
| Real Estate | 2.4% |
| Energy | 2.3% |
| Communication Services | 2.3% |
| Consumer Staples | 2.0% |
| Unknown | 1.4% |
| Total | 100.1% |
Market cap
| Cap | Weight |
|---|---|
| Mega | 49.8% |
| Large | 38.4% |
| Mid | 6.2% |
| Small | 3.5% |
| Micro | 1.8% |
| Non-equity | 0.4% |
| Total | 100.1% |
Asset class
| Class | Weight |
|---|---|
| Equity-common | 99.7% |
| Short-term investment | 0.4% |
| Total | 100.1% |
Issuer type
| Type | Weight |
|---|---|
| Corporate | 100.1% |
| Total | 100.1% |