Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.57%
Stock 90.73%
Bond 7.04%
Convertible 0.00%
Preferred 0.46%
Other 0.20%
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Market Capitalization

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

% Developed Markets: 89.44%    % Emerging Markets: 8.13%    % Unidentified Markets: 2.43%

Americas 59.50%
57.91%
Canada 4.78%
United States 53.13%
1.59%
Argentina 0.02%
Brazil 0.68%
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 22.09%
United Kingdom 5.76%
14.81%
Austria 0.11%
Belgium 0.74%
Denmark 0.30%
Finland 0.29%
France 2.93%
Germany 2.30%
Greece 0.13%
Ireland 1.63%
Italy 0.86%
Netherlands 1.34%
Norway 0.03%
Portugal 0.05%
Spain 0.98%
Sweden 1.02%
Switzerland 1.92%
0.23%
Czech Republic 0.01%
Poland 0.05%
Turkey 0.07%
1.28%
Egypt 0.01%
Israel 0.10%
Nigeria 0.01%
Qatar 0.00%
Saudi Arabia 0.34%
South Africa 0.55%
United Arab Emirates 0.17%
Greater Asia 15.98%
Japan 4.22%
0.21%
Australia 0.19%
6.03%
Hong Kong 0.54%
Singapore 0.47%
South Korea 1.64%
Taiwan 3.37%
5.53%
China 3.14%
India 1.91%
Indonesia 0.27%
Kazakhstan 0.00%
Malaysia 0.02%
Pakistan 0.01%
Philippines 0.05%
Thailand 0.12%
Unidentified Region 2.43%

Bond Credit Quality Exposure

AAA 3.55%
AA 59.74%
A 3.42%
BBB 3.36%
BB 6.39%
B 3.94%
Below B 1.45%
    CCC 1.32%
    CC 0.00%
    C 0.08%
    DDD 0.00%
    DD 0.00%
    D 0.05%
Not Rated 0.13%
Not Available 18.01%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
31.93%
Materials
4.94%
Consumer Discretionary
8.32%
Financials
17.83%
Real Estate
0.84%
Sensitive
46.66%
Communication Services
8.55%
Energy
3.93%
Industrials
14.17%
Information Technology
20.01%
Defensive
12.31%
Consumer Staples
3.68%
Health Care
7.01%
Utilities
1.61%
Not Classified
9.11%
Non Classified Equity
0.83%
Not Classified - Non Equity
8.28%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 89.29%
Corporate 9.21%
Securitized 0.30%
Municipal 0.04%
Other 1.15%
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Bond Maturity Exposure

Short Term
13.39%
Less than 1 Year
13.39%
Intermediate
23.97%
1 to 3 Years
4.81%
3 to 5 Years
7.16%
5 to 10 Years
12.00%
Long Term
62.33%
10 to 20 Years
27.83%
20 to 30 Years
33.80%
Over 30 Years
0.70%
Other
0.31%
As of December 31, 2025
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