Asset Allocation

As of December 31, 2025.
Type % Net
Cash 48.80%
Stock 0.00%
Bond 50.91%
Convertible 0.00%
Preferred 0.00%
Other 0.29%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 27.59%
Corporate 69.13%
Securitized 0.00%
Municipal 3.28%
Other 0.00%
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Region Exposure

% Developed Markets: 95.89%    % Emerging Markets: 3.63%    % Unidentified Markets: 0.47%

Americas 50.24%
50.24%
Canada 16.08%
United States 34.16%
0.00%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 34.10%
United Kingdom 1.36%
31.76%
Austria 2.61%
Finland 1.21%
France 8.67%
Germany 8.04%
Netherlands 2.02%
Norway 5.62%
Sweden 1.90%
0.00%
0.98%
Greater Asia 15.19%
Japan 0.00%
8.06%
Australia 8.06%
4.48%
Singapore 4.48%
2.65%
China 2.00%
Philippines 0.66%
Unidentified Region 0.47%

Bond Credit Quality Exposure

AAA 32.49%
AA 41.90%
A 19.55%
BBB 0.00%
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 6.06%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
44.96%
Less than 1 Year
44.96%
Intermediate
55.04%
1 to 3 Years
55.04%
3 to 5 Years
0.00%
5 to 10 Years
0.00%
Long Term
0.00%
10 to 20 Years
0.00%
20 to 30 Years
0.00%
Over 30 Years
0.00%
Other
0.00%
As of December 31, 2025
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