Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.50%
Stock 89.99%
Bond 8.90%
Convertible 0.00%
Preferred 0.27%
Other 0.34%
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Market Capitalization

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

% Developed Markets: 92.86%    % Emerging Markets: 6.45%    % Unidentified Markets: 0.69%

Americas 64.89%
63.90%
Canada 3.08%
United States 60.82%
0.99%
Brazil 0.49%
Chile 0.06%
Colombia 0.02%
Mexico 0.23%
Peru 0.03%
Venezuela 0.00%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 18.04%
United Kingdom 3.52%
13.10%
Austria 0.10%
Belgium 0.23%
Denmark 0.43%
Finland 0.28%
France 2.24%
Germany 2.16%
Greece 0.08%
Ireland 1.04%
Italy 0.75%
Netherlands 1.45%
Norway 0.13%
Portugal 0.07%
Spain 0.84%
Sweden 0.72%
Switzerland 2.37%
0.21%
Czech Republic 0.02%
Poland 0.11%
Turkey 0.05%
1.22%
Egypt 0.01%
Israel 0.24%
Qatar 0.07%
Saudi Arabia 0.33%
South Africa 0.34%
United Arab Emirates 0.15%
Greater Asia 16.38%
Japan 5.12%
1.52%
Australia 1.45%
5.03%
Hong Kong 0.95%
Singapore 0.51%
South Korea 1.36%
Taiwan 2.21%
4.71%
China 2.52%
India 1.75%
Indonesia 0.14%
Malaysia 0.13%
Philippines 0.05%
Thailand 0.12%
Unidentified Region 0.69%

Bond Credit Quality Exposure

AAA 3.31%
AA 75.66%
A 6.02%
BBB 5.14%
BB 0.06%
B 0.00%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.02%
Not Available 9.77%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
30.82%
Materials
3.53%
Consumer Discretionary
9.33%
Financials
16.27%
Real Estate
1.68%
Sensitive
44.02%
Communication Services
7.47%
Energy
3.24%
Industrials
10.21%
Information Technology
23.09%
Defensive
15.56%
Consumer Staples
4.62%
Health Care
8.50%
Utilities
2.43%
Not Classified
9.60%
Non Classified Equity
0.17%
Not Classified - Non Equity
9.43%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 82.30%
Corporate 8.89%
Securitized 8.51%
Municipal 0.18%
Other 0.12%
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Bond Maturity Exposure

Short Term
1.19%
Less than 1 Year
1.19%
Intermediate
25.92%
1 to 3 Years
8.95%
3 to 5 Years
7.20%
5 to 10 Years
9.77%
Long Term
72.86%
10 to 20 Years
29.84%
20 to 30 Years
42.25%
Over 30 Years
0.77%
Other
0.03%
As of December 31, 2025
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