NYSE ARCA | ETF
Generally, the Advisor buys and sells securities for the Portfolio with the goals of: (i) delaying and minimizing the realization of net capital gains (e.g., selling stocks with capital losses to offset gains, realized or anticipated); and (ii) maximizing the extent to which any realized net capital gains are long-term in nature (i.e., taxable at lower capital gains tax rates).
The Portfolio is designed to purchase a broad and diverse group of equity securities of non-U.S. companies in countries with developed and emerging markets.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| 0700 | Tencent Holdings Ltd | Communication Services | Internet Content & Information | 0.77% |
| NVS | Novartis AG ADR | Healthcare | Drug Manufacturers - General | 0.72% |
| 2330 | Taiwan Semiconductor Manufacturing Co. Ltd. | Technology | Semiconductors | 0.69% |
| TSM | Taiwan Semiconductor Manufacturing | Technology | Semiconductors | 0.65% |
| 7203 | Toyota Motor Corp | Consumer Cyclical | Auto Manufacturers | 0.60% |
| TTE | TotalEnergies SE | Energy | Oil & Gas Integrated | 0.60% |
| NOVO-B | Novo Nordisk A/S | Healthcare | Drug Manufacturers - General | 0.58% |
| SHEL | Shell PLC ADR | Energy | Oil & Gas Integrated | 0.57% |
| SSNLF | Samsung Electronics Co Ltd | Technology | Consumer Electronics | 0.55% |
| FP | TotalEnergies SE | Energy | Oil & Gas Integrated | 0.54% |
| L3H | SHELL PLC WI ADR/2 | Energy | Oil & Gas Integrated | 0.51% |
| NESN | Nestlé S.A. | Consumer Defensive | Packaged Foods | 0.51% |
| DTE | Deutsche Telekom AG | Communication Services | Telecom Services | 0.42% |
| 005930 | Samsung Electronics Co Ltd | Technology | Consumer Electronics | 0.42% |
| RHM | Rheinmetall AG | Industrials | Aerospace & Defense | 0.39% |
| ASML | ASML Holding NV ADR | Technology | Semiconductor Equipment & Materials | 0.38% |
| 9988 | Alibaba Group Holding Ltd | Consumer Cyclical | Internet Retail | 0.32% |
| ROG | Roche Holding AG | Healthcare | Drug Manufacturers - General | 0.32% |
| 0QIU | Novo Nordisk A/S Class B | 0.32% | ||
| 6758 | Sony Corp | Technology | Consumer Electronics | 0.28% |