Asset Allocation

As of December 31, 2025.
Type % Net
Cash 6.03%
Stock 64.66%
Bond 29.06%
Convertible 0.00%
Preferred 0.00%
Other 0.25%
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Market Capitalization

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

% Developed Markets: 106.5%    % Emerging Markets: 1.55%    % Unidentified Markets: -8.06%

Americas 73.83%
72.20%
Canada 2.51%
United States 69.69%
1.63%
Argentina 0.17%
Brazil 0.32%
Mexico 0.22%
Peru 0.21%
Venezuela 0.01%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 23.42%
United Kingdom 5.92%
16.85%
Belgium 0.12%
Denmark 0.88%
France 3.34%
Germany 0.48%
Ireland 3.12%
Italy 1.22%
Netherlands 3.13%
Spain 2.00%
Sweden 0.02%
Switzerland 2.31%
0.40%
Russia 0.01%
Turkey 0.14%
0.25%
Israel 0.07%
Saudi Arabia 0.02%
South Africa 0.16%
Greater Asia 10.81%
Japan 3.81%
1.09%
Australia 1.09%
5.91%
Hong Kong 2.97%
Singapore 0.00%
Taiwan 2.94%
0.00%
China 0.00%
Unidentified Region -8.06%

Bond Credit Quality Exposure

AAA 10.95%
AA 57.98%
A 6.22%
BBB 5.70%
BB 2.73%
B 0.88%
Below B 5.01%
    CCC 3.31%
    CC 0.63%
    C 0.55%
    DDD 0.00%
    DD 0.00%
    D 0.53%
Not Rated 2.55%
Not Available 7.99%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
23.53%
Materials
2.80%
Consumer Discretionary
13.24%
Financials
7.50%
Real Estate
0.00%
Sensitive
24.45%
Communication Services
0.53%
Energy
0.00%
Industrials
6.16%
Information Technology
17.76%
Defensive
17.21%
Consumer Staples
3.07%
Health Care
14.13%
Utilities
0.00%
Not Classified
34.81%
Non Classified Equity
0.00%
Not Classified - Non Equity
34.81%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 53.93%
Corporate 10.02%
Securitized 33.67%
Municipal 0.05%
Other 2.33%
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Bond Maturity Exposure

Short Term
4.41%
Less than 1 Year
4.41%
Intermediate
32.22%
1 to 3 Years
7.17%
3 to 5 Years
9.01%
5 to 10 Years
16.04%
Long Term
48.30%
10 to 20 Years
10.61%
20 to 30 Years
17.30%
Over 30 Years
20.39%
Other
15.07%
As of December 31, 2025
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