Asset Allocation

As of December 31, 2025.
Type % Net
Cash 2.04%
Stock 77.60%
Bond 12.86%
Convertible 0.00%
Preferred 0.21%
Other 7.28%
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Market Capitalization

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

% Developed Markets: 84.22%    % Emerging Markets: 7.30%    % Unidentified Markets: 8.48%

Americas 56.12%
54.14%
Canada 32.98%
United States 21.16%
1.98%
Argentina 0.02%
Brazil 0.63%
Chile 0.12%
Colombia 0.01%
Mexico 0.48%
Peru 0.03%
Venezuela 0.00%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 14.55%
United Kingdom 3.43%
10.91%
Austria 0.24%
Belgium 0.32%
Denmark 0.31%
Finland 0.30%
France 1.97%
Germany 2.01%
Greece 0.09%
Ireland 0.43%
Italy 0.96%
Netherlands 1.49%
Norway 0.08%
Portugal 0.05%
Spain 0.69%
Sweden 0.46%
Switzerland 1.35%
0.01%
Czech Republic 0.00%
Poland 0.00%
Turkey 0.00%
0.20%
Egypt 0.01%
Israel 0.03%
Nigeria 0.01%
Qatar 0.01%
Saudi Arabia 0.00%
South Africa 0.13%
United Arab Emirates 0.00%
Greater Asia 20.84%
Japan 10.25%
0.53%
Australia 0.48%
4.44%
Hong Kong 0.93%
Singapore 0.26%
South Korea 1.23%
Taiwan 2.01%
5.63%
China 4.49%
India 1.09%
Indonesia 0.03%
Kazakhstan 0.00%
Malaysia 0.00%
Philippines 0.00%
Thailand 0.01%
Unidentified Region 8.48%

Bond Credit Quality Exposure

AAA 17.89%
AA 11.05%
A 17.17%
BBB 27.46%
BB 4.81%
B 1.66%
Below B 0.13%
    CCC 0.12%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.01%
Not Rated 1.50%
Not Available 18.32%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
33.10%
Materials
7.58%
Consumer Discretionary
7.96%
Financials
16.92%
Real Estate
0.64%
Sensitive
37.17%
Communication Services
5.16%
Energy
5.27%
Industrials
10.56%
Information Technology
16.18%
Defensive
9.92%
Consumer Staples
2.90%
Health Care
5.09%
Utilities
1.93%
Not Classified
19.81%
Non Classified Equity
1.33%
Not Classified - Non Equity
18.49%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 23.20%
Corporate 50.43%
Securitized 0.87%
Municipal 16.22%
Other 9.28%
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Bond Maturity Exposure

Short Term
13.84%
Less than 1 Year
13.84%
Intermediate
69.27%
1 to 3 Years
27.80%
3 to 5 Years
18.33%
5 to 10 Years
23.14%
Long Term
16.49%
10 to 20 Years
5.19%
20 to 30 Years
8.62%
Over 30 Years
2.68%
Other
0.40%
As of December 31, 2025
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