Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.20%
Stock 82.62%
Bond 15.52%
Convertible 0.00%
Preferred 0.34%
Other 0.31%
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Market Capitalization

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

% Developed Markets: 90.68%    % Emerging Markets: 7.45%    % Unidentified Markets: 1.87%

Americas 62.83%
61.26%
Canada 4.07%
United States 57.18%
1.57%
Argentina 0.02%
Brazil 0.61%
Chile 0.02%
Colombia 0.04%
Mexico 0.39%
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 20.60%
United Kingdom 5.09%
14.06%
Austria 0.17%
Belgium 0.62%
Denmark 0.33%
Finland 0.33%
France 2.68%
Germany 2.14%
Greece 0.15%
Ireland 1.45%
Italy 0.92%
Netherlands 1.23%
Norway 0.06%
Portugal 0.10%
Spain 0.96%
Sweden 0.95%
Switzerland 1.76%
0.23%
Czech Republic 0.01%
Poland 0.05%
Turkey 0.07%
1.21%
Egypt 0.02%
Israel 0.12%
Nigeria 0.01%
Qatar 0.01%
Saudi Arabia 0.31%
South Africa 0.50%
United Arab Emirates 0.16%
Greater Asia 14.71%
Japan 4.17%
0.45%
Australia 0.39%
5.09%
Hong Kong 0.52%
Singapore 0.44%
South Korea 1.43%
Taiwan 2.69%
5.00%
China 2.75%
India 1.80%
Indonesia 0.24%
Kazakhstan 0.00%
Malaysia 0.02%
Pakistan 0.01%
Philippines 0.05%
Thailand 0.11%
Unidentified Region 1.87%

Bond Credit Quality Exposure

AAA 6.61%
AA 55.69%
A 6.07%
BBB 7.96%
BB 2.84%
B 1.68%
Below B 0.61%
    CCC 0.56%
    CC 0.00%
    C 0.03%
    DDD 0.00%
    DD 0.00%
    D 0.02%
Not Rated 0.10%
Not Available 18.45%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
29.35%
Materials
4.26%
Consumer Discretionary
8.30%
Financials
15.70%
Real Estate
1.08%
Sensitive
41.82%
Communication Services
6.86%
Energy
3.46%
Industrials
12.08%
Information Technology
19.43%
Defensive
11.61%
Consumer Staples
3.55%
Health Care
6.53%
Utilities
1.53%
Not Classified
17.22%
Non Classified Equity
0.70%
Not Classified - Non Equity
16.52%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 77.16%
Corporate 12.47%
Securitized 9.74%
Municipal 0.02%
Other 0.62%
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Bond Maturity Exposure

Short Term
7.88%
Less than 1 Year
7.88%
Intermediate
38.99%
1 to 3 Years
9.25%
3 to 5 Years
11.37%
5 to 10 Years
18.37%
Long Term
52.73%
10 to 20 Years
20.85%
20 to 30 Years
29.11%
Over 30 Years
2.78%
Other
0.39%
As of December 31, 2025
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