Asset Allocation

As of December 31, 2025.
Type % Net
Cash 5.71%
Stock 21.71%
Bond 67.57%
Convertible 0.75%
Preferred 0.84%
Other 3.41%
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Market Capitalization

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

% Developed Markets: 87.74%    % Emerging Markets: 2.54%    % Unidentified Markets: 9.72%

Americas 75.27%
73.81%
Canada 39.36%
United States 34.45%
1.46%
Argentina 0.14%
Mexico 0.71%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 11.06%
United Kingdom 1.96%
7.93%
Belgium 0.57%
Denmark 0.04%
France 0.64%
Germany 2.42%
Greece 0.06%
Ireland 0.36%
Italy 0.30%
Netherlands 0.68%
Norway 0.31%
Portugal 0.41%
Spain 1.05%
Switzerland 0.97%
0.57%
Czech Republic 0.14%
Poland 0.07%
0.60%
Israel 0.05%
South Africa 0.51%
Greater Asia 3.95%
Japan 0.93%
1.42%
Australia 0.92%
1.33%
Hong Kong 0.73%
Singapore 0.24%
South Korea 0.36%
0.27%
China 0.22%
Philippines 0.05%
Thailand 0.00%
Unidentified Region 9.72%

Bond Credit Quality Exposure

AAA 13.48%
AA 10.27%
A 6.29%
BBB 20.62%
BB 11.21%
B 7.67%
Below B 2.15%
    CCC 2.10%
    CC 0.00%
    C 0.05%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 1.16%
Not Available 27.15%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
7.97%
Materials
1.31%
Consumer Discretionary
1.20%
Financials
5.05%
Real Estate
0.41%
Sensitive
10.40%
Communication Services
1.49%
Energy
2.14%
Industrials
3.24%
Information Technology
3.53%
Defensive
3.87%
Consumer Staples
1.76%
Health Care
2.00%
Utilities
0.11%
Not Classified
77.75%
Non Classified Equity
-0.01%
Not Classified - Non Equity
77.76%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 20.69%
Corporate 56.53%
Securitized 0.04%
Municipal 3.71%
Other 19.02%
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Bond Maturity Exposure

Short Term
1.58%
Less than 1 Year
1.58%
Intermediate
81.03%
1 to 3 Years
19.36%
3 to 5 Years
30.77%
5 to 10 Years
30.90%
Long Term
17.25%
10 to 20 Years
3.75%
20 to 30 Years
8.08%
Over 30 Years
5.43%
Other
0.14%
As of December 31, 2025
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