Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.43%
Stock 91.85%
Bond 6.05%
Convertible 0.00%
Preferred 0.46%
Other 0.21%
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Market Capitalization

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

% Developed Markets: 89.46%    % Emerging Markets: 8.23%    % Unidentified Markets: 2.30%

Americas 59.48%
57.85%
Canada 4.82%
United States 53.03%
1.62%
Argentina 0.02%
Brazil 0.69%
Chile 0.02%
Colombia 0.05%
Mexico 0.41%
Peru 0.09%
Venezuela 0.01%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 22.13%
United Kingdom 5.81%
14.78%
Austria 0.10%
Belgium 0.73%
Denmark 0.30%
Finland 0.28%
France 2.93%
Germany 2.31%
Greece 0.13%
Ireland 1.65%
Italy 0.84%
Netherlands 1.33%
Norway 0.03%
Portugal 0.04%
Spain 0.97%
Sweden 1.03%
Switzerland 1.93%
0.23%
Czech Republic 0.01%
Poland 0.05%
Turkey 0.07%
1.30%
Egypt 0.02%
Israel 0.10%
Nigeria 0.01%
Qatar 0.01%
Saudi Arabia 0.34%
South Africa 0.55%
United Arab Emirates 0.18%
Greater Asia 16.09%
Japan 4.23%
0.19%
Australia 0.17%
6.08%
Hong Kong 0.55%
Singapore 0.47%
South Korea 1.66%
Taiwan 3.41%
5.60%
China 3.17%
India 1.93%
Indonesia 0.28%
Kazakhstan 0.00%
Malaysia 0.02%
Pakistan 0.01%
Philippines 0.05%
Thailand 0.12%
Unidentified Region 2.30%

Bond Credit Quality Exposure

AAA 2.75%
AA 57.62%
A 2.93%
BBB 3.73%
BB 7.91%
B 4.88%
Below B 1.80%
    CCC 1.64%
    CC 0.01%
    C 0.10%
    DDD 0.00%
    DD 0.00%
    D 0.06%
Not Rated 0.15%
Not Available 18.23%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
32.29%
Materials
4.99%
Consumer Discretionary
8.42%
Financials
18.04%
Real Estate
0.85%
Sensitive
47.25%
Communication Services
8.68%
Energy
3.98%
Industrials
14.33%
Information Technology
20.27%
Defensive
12.48%
Consumer Staples
3.73%
Health Care
7.11%
Utilities
1.64%
Not Classified
7.97%
Non Classified Equity
0.84%
Not Classified - Non Equity
7.13%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 87.50%
Corporate 10.73%
Securitized 0.35%
Municipal 0.05%
Other 1.37%
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Bond Maturity Exposure

Short Term
13.69%
Less than 1 Year
13.69%
Intermediate
24.44%
1 to 3 Years
4.43%
3 to 5 Years
7.52%
5 to 10 Years
12.50%
Long Term
61.50%
10 to 20 Years
27.29%
20 to 30 Years
33.54%
Over 30 Years
0.67%
Other
0.37%
As of December 31, 2025
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