Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.50%
Stock 89.42%
Bond 9.47%
Convertible 0.00%
Preferred 0.27%
Other 0.35%
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Market Capitalization

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

% Developed Markets: 92.89%    % Emerging Markets: 6.42%    % Unidentified Markets: 0.69%

Americas 64.87%
63.89%
Canada 3.08%
United States 60.81%
0.98%
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 18.10%
United Kingdom 3.52%
13.16%
Austria 0.11%
Belgium 0.24%
Denmark 0.43%
Finland 0.28%
France 2.25%
Germany 2.17%
Greece 0.08%
Ireland 1.04%
Italy 0.76%
Netherlands 1.46%
Norway 0.14%
Portugal 0.08%
Spain 0.85%
Sweden 0.72%
Switzerland 2.37%
0.21%
Czech Republic 0.02%
Poland 0.11%
Turkey 0.05%
1.21%
Egypt 0.01%
Israel 0.24%
Qatar 0.07%
Saudi Arabia 0.32%
South Africa 0.34%
United Arab Emirates 0.15%
Greater Asia 16.34%
Japan 5.12%
1.53%
Australia 1.45%
5.01%
Hong Kong 0.94%
Singapore 0.51%
South Korea 1.35%
Taiwan 2.20%
4.68%
China 2.50%
India 1.74%
Indonesia 0.14%
Malaysia 0.13%
Philippines 0.05%
Thailand 0.12%
Unidentified Region 0.69%

Bond Credit Quality Exposure

AAA 3.82%
AA 73.49%
A 6.56%
BBB 5.43%
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 0.03%
Not Available 10.60%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
30.63%
Materials
3.50%
Consumer Discretionary
9.27%
Financials
16.17%
Real Estate
1.67%
Sensitive
43.74%
Communication Services
7.43%
Energy
3.22%
Industrials
10.15%
Information Technology
22.94%
Defensive
15.46%
Consumer Staples
4.59%
Health Care
8.45%
Utilities
2.42%
Not Classified
10.17%
Non Classified Equity
0.17%
Not Classified - Non Equity
10.00%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 81.45%
Corporate 9.32%
Securitized 8.91%
Municipal 0.19%
Other 0.13%
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Bond Maturity Exposure

Short Term
1.25%
Less than 1 Year
1.25%
Intermediate
28.06%
1 to 3 Years
9.58%
3 to 5 Years
7.80%
5 to 10 Years
10.67%
Long Term
70.66%
10 to 20 Years
28.85%
20 to 30 Years
40.96%
Over 30 Years
0.85%
Other
0.04%
As of December 31, 2025
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