It sounds like they invest somewhat conservatively. By spreading across different issuers they’ll likely be insured more than if they put all their money in one

It sounds like they invest somewhat conservatively. By spreading across different issuers they’ll likely be insured more than if they put all their money in one pot. But given the amount of money I imagine the actual amount fully insured would be low. Maybe someone else has more details. > The company typically invests in highly rated securities, and its investment policy generally limits the amount of credit exposure to any one issuer. The policy generally requires investments to be investment grade, with the primary objective of minimizing the potential risk of principal loss. https://www.fool.com/investing/general/2016/04/05/by-this-measure-apple-is-the-worlds-largest-hedge.aspx https://www.fool.com/investing/general/2016/04/05/by-this-me...