Asset Allocation

As of November 30, 2025.
Type % Net
Cash 12.70%
Stock 76.40%
Bond 9.64%
Convertible 0.00%
Preferred 0.00%
Other 1.26%
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Market Capitalization

Large --
Mid --
Small --
No Data Available
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Region Exposure

% Developed Markets: 84.63%    % Emerging Markets: 1.51%    % Unidentified Markets: 13.86%

Americas 56.34%
56.20%
Canada 14.03%
United States 42.17%
0.14%
Mexico 0.07%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 26.52%
United Kingdom 7.72%
17.91%
Finland 0.04%
France 1.65%
Germany 5.57%
Ireland 1.56%
Italy 3.50%
Netherlands 0.08%
Spain 2.67%
Switzerland 2.83%
0.00%
0.88%
South Africa 0.88%
Greater Asia 3.28%
Japan 0.58%
1.22%
Australia 1.22%
0.93%
Hong Kong 0.06%
Singapore 0.08%
South Korea 0.79%
0.55%
China 0.55%
Unidentified Region 13.86%

Bond Credit Quality Exposure

AAA 0.00%
AA 32.72%
A 0.00%
BBB 12.00%
BB 21.88%
B 33.41%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 0.00%
Short Term 0.00%
As of November 30, 2025
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Stock Sector Exposure

Cyclical
41.69%
Materials
24.42%
Consumer Discretionary
0.13%
Financials
0.00%
Real Estate
17.14%
Sensitive
34.81%
Communication Services
0.22%
Energy
21.03%
Industrials
13.31%
Information Technology
0.25%
Defensive
21.84%
Consumer Staples
0.00%
Health Care
0.00%
Utilities
21.84%
Not Classified
1.66%
Non Classified Equity
0.00%
Not Classified - Non Equity
1.66%
As of November 30, 2025
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 32.72%
Corporate 60.83%
Securitized 0.00%
Municipal 0.00%
Other 6.46%
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Bond Maturity Exposure

Short Term
0.00%
Less than 1 Year
0.00%
Intermediate
93.55%
1 to 3 Years
25.07%
3 to 5 Years
45.55%
5 to 10 Years
22.92%
Long Term
6.45%
10 to 20 Years
0.00%
20 to 30 Years
0.00%
Over 30 Years
6.45%
Other
0.00%
As of November 30, 2025
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