Asset Allocation

As of December 31, 2025.
Type % Net
Cash 5.31%
Stock 71.61%
Bond 20.27%
Convertible 0.00%
Preferred 0.52%
Other 2.30%
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Market Capitalization

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

% Developed Markets: 81.75%    % Emerging Markets: 16.06%    % Unidentified Markets: 2.19%

Americas 61.62%
56.22%
Canada 4.10%
United States 52.12%
5.40%
Brazil 2.45%
Chile 2.43%
Colombia 0.02%
Mexico 0.38%
Peru 0.02%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 14.52%
United Kingdom 2.13%
9.01%
Austria 0.07%
Belgium 0.11%
Denmark 0.58%
Finland 0.20%
France 1.39%
Germany 1.32%
Greece 0.02%
Ireland 0.49%
Italy 0.47%
Netherlands 1.02%
Norway 0.12%
Portugal 0.16%
Spain 0.81%
Sweden 0.41%
Switzerland 1.75%
1.56%
Czech Republic 0.01%
Poland 1.46%
Russia 0.00%
Turkey 0.05%
1.82%
Egypt 0.00%
Israel 0.35%
Qatar 0.05%
Saudi Arabia 0.23%
South Africa 1.07%
United Arab Emirates 0.09%
Greater Asia 21.68%
Japan 3.97%
1.03%
Australia 0.89%
8.80%
Hong Kong 0.62%
Singapore 0.29%
South Korea 4.05%
Taiwan 3.82%
7.89%
China 2.36%
India 3.96%
Indonesia 0.44%
Malaysia 0.67%
Philippines 0.19%
Thailand 0.26%
Unidentified Region 2.19%

Bond Credit Quality Exposure

AAA 0.23%
AA 87.72%
A 6.10%
BBB 2.67%
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 0.52%
Not Available 2.76%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
25.28%
Materials
3.31%
Consumer Discretionary
6.30%
Financials
14.44%
Real Estate
1.24%
Sensitive
38.11%
Communication Services
3.54%
Energy
6.09%
Industrials
10.02%
Information Technology
18.45%
Defensive
14.89%
Consumer Staples
3.63%
Health Care
6.05%
Utilities
5.21%
Not Classified
21.72%
Non Classified Equity
0.28%
Not Classified - Non Equity
21.44%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 87.42%
Corporate 9.91%
Securitized 0.22%
Municipal 0.00%
Other 2.45%
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Bond Maturity Exposure

Short Term
11.11%
Less than 1 Year
11.11%
Intermediate
1.96%
1 to 3 Years
0.01%
3 to 5 Years
0.16%
5 to 10 Years
1.79%
Long Term
86.93%
10 to 20 Years
0.05%
20 to 30 Years
86.88%
Over 30 Years
0.00%
Other
0.00%
As of December 31, 2025
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