Asset Allocation

As of November 30, 2025.
Type % Net
Cash 11.40%
Stock 51.41%
Bond 25.87%
Convertible 0.00%
Preferred 0.00%
Other 11.32%
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Market Capitalization

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

% Developed Markets: 87.39%    % Emerging Markets: 0.72%    % Unidentified Markets: 11.89%

Americas 73.20%
72.48%
Canada 54.75%
United States 17.73%
0.72%
Mexico 0.66%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 9.50%
United Kingdom 2.78%
6.72%
France 1.40%
Germany 0.27%
Ireland 0.11%
Italy 1.90%
Netherlands 0.76%
Spain 1.74%
Switzerland 0.55%
0.00%
0.00%
Greater Asia 5.41%
Japan 0.56%
4.77%
Australia 4.77%
0.08%
Taiwan 0.08%
0.00%
Unidentified Region 11.89%

Bond Credit Quality Exposure

AAA 39.86%
AA -6.74%
A 22.53%
BBB 28.43%
BB 4.59%
B 1.10%
Below B 0.62%
    CCC 0.62%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.34%
Not Available 9.26%
Short Term 0.00%
As of November 30, 2025
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Stock Sector Exposure

Cyclical
43.95%
Materials
18.59%
Consumer Discretionary
0.59%
Financials
0.06%
Real Estate
24.71%
Sensitive
22.66%
Communication Services
0.31%
Energy
12.81%
Industrials
9.29%
Information Technology
0.24%
Defensive
17.36%
Consumer Staples
0.07%
Health Care
2.89%
Utilities
14.40%
Not Classified
16.02%
Non Classified Equity
0.84%
Not Classified - Non Equity
15.18%
As of November 30, 2025
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 34.36%
Corporate 60.48%
Securitized 0.50%
Municipal 0.00%
Other 4.67%
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Bond Maturity Exposure

Short Term
-2.97%
Less than 1 Year
-2.97%
Intermediate
81.31%
1 to 3 Years
40.69%
3 to 5 Years
23.96%
5 to 10 Years
16.65%
Long Term
21.49%
10 to 20 Years
4.23%
20 to 30 Years
16.57%
Over 30 Years
0.68%
Other
0.18%
As of November 30, 2025
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