Asset Allocation

As of December 31, 2025.
Type % Net
Cash 56.96%
Stock 6.35%
Bond 28.76%
Convertible 0.00%
Preferred 0.00%
Other 7.94%
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Market Capitalization

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

% Developed Markets: 90.12%    % Emerging Markets: 0.77%    % Unidentified Markets: 9.12%

Americas 77.83%
77.68%
Canada 75.01%
United States 2.67%
0.15%
Colombia 0.00%
Mexico 0.13%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 10.54%
United Kingdom 6.06%
4.03%
Austria 0.02%
Belgium 0.08%
Denmark 0.02%
Finland 0.08%
France 0.84%
Germany 1.68%
Ireland 0.07%
Italy 0.19%
Netherlands 0.16%
Norway 0.11%
Spain 0.17%
Sweden 0.28%
Switzerland 0.33%
0.05%
Poland 0.05%
Russia 0.00%
0.41%
Israel -0.09%
South Africa 0.50%
Greater Asia 2.51%
Japan 0.51%
0.35%
Australia 0.30%
1.55%
Hong Kong 0.51%
Singapore 0.51%
South Korea 0.53%
0.09%
Thailand 0.09%
Unidentified Region 9.12%

Bond Credit Quality Exposure

AAA -5.08%
AA -1.05%
A 8.22%
BBB 28.09%
BB 0.00%
B 0.00%
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 69.83%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
19.35%
Materials
1.01%
Consumer Discretionary
1.73%
Financials
13.46%
Real Estate
3.14%
Sensitive
10.40%
Communication Services
2.19%
Energy
1.61%
Industrials
6.27%
Information Technology
0.34%
Defensive
14.06%
Consumer Staples
3.67%
Health Care
2.27%
Utilities
8.12%
Not Classified
56.19%
Non Classified Equity
0.81%
Not Classified - Non Equity
55.37%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 9.42%
Corporate 73.02%
Securitized 7.33%
Municipal 0.00%
Other 10.23%
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Bond Maturity Exposure

Short Term
46.43%
Less than 1 Year
46.43%
Intermediate
46.35%
1 to 3 Years
18.64%
3 to 5 Years
6.91%
5 to 10 Years
20.79%
Long Term
7.23%
10 to 20 Years
-1.35%
20 to 30 Years
5.01%
Over 30 Years
3.57%
Other
0.00%
As of December 31, 2025
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