Asset Allocation

As of December 31, 2025.
Type % Net
Cash 3.01%
Stock 59.99%
Bond 36.86%
Convertible 0.00%
Preferred 0.03%
Other 0.11%
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Market Capitalization

As of December 31, 2025
Large 75.41%
Mid 17.69%
Small 6.90%
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Region Exposure

% Developed Markets: 81.87%    % Emerging Markets: 17.28%    % Unidentified Markets: 0.86%

Americas 61.68%
56.51%
Canada 5.82%
United States 50.69%
5.17%
Argentina 0.02%
Brazil 1.48%
Chile 0.79%
Colombia 0.82%
Mexico 1.46%
Peru 0.27%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 22.23%
United Kingdom 4.52%
12.07%
Austria 0.43%
Belgium 0.27%
Denmark 0.50%
Finland 0.44%
France 1.81%
Germany 2.81%
Ireland 0.52%
Italy 0.76%
Netherlands 1.25%
Norway 0.32%
Portugal 0.24%
Spain 0.69%
Sweden 0.42%
Switzerland 1.20%
3.67%
Czech Republic 0.59%
Poland 0.53%
Turkey 0.28%
1.98%
Egypt 0.05%
Israel 0.05%
Qatar 0.06%
Saudi Arabia 0.27%
South Africa 0.74%
United Arab Emirates 0.22%
Greater Asia 15.23%
Japan 3.34%
1.84%
Australia 0.86%
3.38%
Hong Kong 0.43%
Singapore 0.25%
South Korea 1.44%
Taiwan 1.25%
6.67%
China 2.05%
India 1.45%
Indonesia 1.21%
Kazakhstan 0.19%
Malaysia 0.55%
Philippines 0.32%
Thailand 0.60%
Unidentified Region 0.86%

Bond Credit Quality Exposure

AAA 6.71%
AA 11.81%
A 9.34%
BBB 20.37%
BB 16.34%
B 6.91%
Below B 0.41%
    CCC 0.41%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.01%
Not Available 28.11%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
35.15%
Materials
5.78%
Consumer Discretionary
7.64%
Financials
17.77%
Real Estate
3.96%
Sensitive
47.72%
Communication Services
7.80%
Energy
4.96%
Industrials
9.57%
Information Technology
25.39%
Defensive
15.15%
Consumer Staples
4.67%
Health Care
8.66%
Utilities
1.82%
Not Classified
1.99%
Non Classified Equity
0.17%
Not Classified - Non Equity
1.82%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 67.11%
Corporate 29.13%
Securitized 2.80%
Municipal 0.19%
Other 0.79%
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Bond Maturity Exposure

Short Term
21.12%
Less than 1 Year
21.12%
Intermediate
59.63%
1 to 3 Years
7.73%
3 to 5 Years
20.10%
5 to 10 Years
31.80%
Long Term
18.63%
10 to 20 Years
8.29%
20 to 30 Years
9.79%
Over 30 Years
0.56%
Other
0.62%
As of December 31, 2025
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