Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.17%
Stock 91.19%
Bond 7.01%
Convertible 0.00%
Preferred 0.37%
Other 0.27%
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Market Capitalization

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

% Developed Markets: 89.98%    % Emerging Markets: 8.02%    % Unidentified Markets: 2.00%

Americas 61.44%
59.81%
Canada 4.38%
United States 55.43%
1.63%
Argentina 0.02%
Brazil 0.66%
Chile 0.02%
Colombia 0.04%
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 20.90%
United Kingdom 5.38%
13.98%
Austria 0.10%
Belgium 0.58%
Denmark 0.32%
Finland 0.30%
France 2.74%
Germany 2.27%
Greece 0.13%
Ireland 1.49%
Italy 0.83%
Netherlands 1.18%
Norway 0.04%
Portugal 0.04%
Spain 0.92%
Sweden 0.99%
Switzerland 1.87%
0.23%
Czech Republic 0.01%
Poland 0.05%
Turkey 0.07%
1.31%
Egypt 0.01%
Israel 0.12%
Nigeria 0.01%
Qatar 0.01%
Saudi Arabia 0.34%
South Africa 0.54%
United Arab Emirates 0.17%
Greater Asia 15.66%
Japan 4.33%
0.36%
Australia 0.34%
5.50%
Hong Kong 0.57%
Singapore 0.43%
South Korea 1.57%
Taiwan 2.93%
5.46%
China 3.01%
India 1.97%
Indonesia 0.26%
Kazakhstan 0.00%
Malaysia 0.02%
Pakistan 0.01%
Philippines 0.05%
Thailand 0.12%
Unidentified Region 2.00%

Bond Credit Quality Exposure

AAA 3.64%
AA 57.70%
A 3.41%
BBB 3.18%
BB 6.20%
B 3.84%
Below B 1.41%
    CCC 1.28%
    CC 0.00%
    C 0.08%
    DDD 0.00%
    DD 0.00%
    D 0.04%
Not Rated 0.13%
Not Available 20.50%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
32.27%
Materials
4.68%
Consumer Discretionary
9.12%
Financials
17.28%
Real Estate
1.20%
Sensitive
46.23%
Communication Services
7.65%
Energy
3.83%
Industrials
13.28%
Information Technology
21.46%
Defensive
12.87%
Consumer Staples
3.94%
Health Care
7.24%
Utilities
1.69%
Not Classified
8.63%
Non Classified Equity
0.78%
Not Classified - Non Equity
7.85%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 89.73%
Corporate 8.90%
Securitized 0.30%
Municipal 0.04%
Other 1.03%
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Bond Maturity Exposure

Short Term
15.45%
Less than 1 Year
15.45%
Intermediate
23.30%
1 to 3 Years
4.52%
3 to 5 Years
7.06%
5 to 10 Years
11.72%
Long Term
60.97%
10 to 20 Years
27.23%
20 to 30 Years
33.04%
Over 30 Years
0.70%
Other
0.29%
As of December 31, 2025
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