Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.38%
Stock 63.78%
Bond 29.95%
Convertible 0.00%
Preferred 0.80%
Other 5.09%
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Market Capitalization

As of December 31, 2025
Large 84.77%
Mid 10.62%
Small 4.62%
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Region Exposure

% Developed Markets: 86.43%    % Emerging Markets: 7.48%    % Unidentified Markets: 6.09%

Americas 59.26%
57.25%
Canada 5.01%
United States 52.24%
2.01%
Brazil 1.85%
Chile 0.02%
Colombia 0.03%
Mexico 0.04%
Peru 0.03%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 20.31%
United Kingdom 5.64%
13.13%
Belgium 0.17%
Denmark 0.66%
Finland 0.14%
France 1.28%
Germany 4.29%
Greece 0.14%
Ireland 1.27%
Italy 1.30%
Netherlands 1.40%
Norway 0.30%
Portugal 0.26%
Spain 0.77%
Sweden 0.28%
Switzerland 0.32%
0.81%
Czech Republic 0.03%
Poland 0.31%
Turkey 0.25%
0.73%
Israel 0.69%
South Africa 0.04%
Greater Asia 14.34%
Japan 4.18%
2.30%
Australia 2.05%
3.23%
Hong Kong 0.25%
Singapore 0.28%
South Korea 1.58%
Taiwan 1.12%
4.64%
China 2.89%
India 0.91%
Indonesia 0.16%
Malaysia 0.06%
Philippines 0.58%
Thailand 0.05%
Unidentified Region 6.09%

Bond Credit Quality Exposure

AAA 23.11%
AA 25.38%
A 13.29%
BBB 9.92%
BB 5.46%
B 1.99%
Below B 1.72%
    CCC 1.72%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.05%
Not Available 19.08%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
28.78%
Materials
2.91%
Consumer Discretionary
10.72%
Financials
13.27%
Real Estate
1.88%
Sensitive
44.86%
Communication Services
7.75%
Energy
2.63%
Industrials
7.45%
Information Technology
27.02%
Defensive
16.46%
Consumer Staples
5.25%
Health Care
10.49%
Utilities
0.71%
Not Classified
9.90%
Non Classified Equity
0.00%
Not Classified - Non Equity
9.90%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 61.45%
Corporate 25.49%
Securitized 9.89%
Municipal 0.00%
Other 3.17%
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Bond Maturity Exposure

Short Term
4.32%
Less than 1 Year
4.32%
Intermediate
73.38%
1 to 3 Years
19.42%
3 to 5 Years
19.61%
5 to 10 Years
34.36%
Long Term
22.25%
10 to 20 Years
8.19%
20 to 30 Years
14.06%
Over 30 Years
0.00%
Other
0.05%
As of December 31, 2025
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