Asset Allocation

As of October 31, 2025.
Type % Net
Cash 11.91%
Stock 73.69%
Bond 9.73%
Convertible 0.00%
Preferred 0.00%
Other 4.67%
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Market Capitalization

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

% Developed Markets: 81.80%    % Emerging Markets: 1.69%    % Unidentified Markets: 16.51%

Americas 56.41%
56.16%
Canada 15.66%
United States 40.50%
0.25%
Mexico 0.20%
As of October 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 24.45%
United Kingdom 7.39%
16.06%
Finland 0.09%
France 1.42%
Germany 5.14%
Ireland 1.42%
Italy 3.06%
Netherlands 0.11%
Spain 2.46%
Switzerland 2.37%
0.00%
1.00%
South Africa 1.00%
Greater Asia 2.64%
Japan 0.54%
0.99%
Australia 0.99%
0.62%
Hong Kong 0.10%
Singapore 0.07%
South Korea 0.45%
0.49%
China 0.49%
Unidentified Region 16.51%

Bond Credit Quality Exposure

AAA 0.00%
AA 28.90%
A 0.00%
BBB 8.54%
BB 17.56%
B 18.11%
Below B 8.20%
    CCC 8.20%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 18.68%
Short Term 0.00%
As of October 31, 2025
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Stock Sector Exposure

Cyclical
40.70%
Materials
25.25%
Consumer Discretionary
0.17%
Financials
0.00%
Real Estate
15.27%
Sensitive
34.09%
Communication Services
0.22%
Energy
21.19%
Industrials
12.36%
Information Technology
0.33%
Defensive
19.01%
Consumer Staples
0.00%
Health Care
0.00%
Utilities
19.01%
Not Classified
6.20%
Non Classified Equity
0.00%
Not Classified - Non Equity
6.20%
As of October 31, 2025
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Bond Sector Exposure

As of October 31, 2025
Type % Net
Government 47.58%
Corporate 46.14%
Securitized 0.00%
Municipal 0.00%
Other 6.28%
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Bond Maturity Exposure

Short Term
18.68%
Less than 1 Year
18.68%
Intermediate
74.99%
1 to 3 Years
20.19%
3 to 5 Years
42.48%
5 to 10 Years
12.31%
Long Term
6.33%
10 to 20 Years
0.00%
20 to 30 Years
0.00%
Over 30 Years
6.33%
Other
0.00%
As of October 31, 2025
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