Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.45%
Stock 91.79%
Bond 6.12%
Convertible 0.00%
Preferred 0.46%
Other 0.18%
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Market Capitalization

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

% Developed Markets: 89.48%    % Emerging Markets: 8.24%    % Unidentified Markets: 2.28%

Americas 59.55%
57.92%
Canada 4.84%
United States 53.09%
1.62%
Argentina 0.02%
Brazil 0.69%
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 22.04%
United Kingdom 5.79%
14.71%
Austria 0.10%
Belgium 0.73%
Denmark 0.30%
Finland 0.28%
France 2.91%
Germany 2.38%
Greece 0.13%
Ireland 1.65%
Italy 0.83%
Netherlands 1.27%
Norway 0.03%
Portugal 0.04%
Spain 0.94%
Sweden 1.03%
Switzerland 1.92%
0.23%
Czech Republic 0.01%
Poland 0.05%
Turkey 0.07%
1.30%
Egypt 0.02%
Israel 0.10%
Nigeria 0.01%
Qatar 0.01%
Saudi Arabia 0.34%
South Africa 0.55%
United Arab Emirates 0.18%
Greater Asia 16.14%
Japan 4.27%
0.19%
Australia 0.18%
6.08%
Hong Kong 0.55%
Singapore 0.48%
South Korea 1.66%
Taiwan 3.40%
5.60%
China 3.17%
India 1.93%
Indonesia 0.28%
Kazakhstan 0.00%
Malaysia 0.02%
Pakistan 0.01%
Philippines 0.05%
Thailand 0.12%
Unidentified Region 2.28%

Bond Credit Quality Exposure

AAA 2.83%
AA 57.54%
A 3.03%
BBB 3.82%
BB 7.86%
B 4.86%
Below B 1.79%
    CCC 1.63%
    CC 0.01%
    C 0.10%
    DDD 0.00%
    DD 0.00%
    D 0.06%
Not Rated 0.15%
Not Available 18.12%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
32.19%
Materials
4.99%
Consumer Discretionary
8.37%
Financials
17.99%
Real Estate
0.85%
Sensitive
47.26%
Communication Services
8.74%
Energy
3.97%
Industrials
14.33%
Information Technology
20.22%
Defensive
12.50%
Consumer Staples
3.75%
Health Care
7.12%
Utilities
1.64%
Not Classified
8.05%
Non Classified Equity
0.84%
Not Classified - Non Equity
7.21%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 87.45%
Corporate 10.80%
Securitized 0.34%
Municipal 0.05%
Other 1.36%
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Bond Maturity Exposure

Short Term
13.48%
Less than 1 Year
13.48%
Intermediate
24.71%
1 to 3 Years
4.44%
3 to 5 Years
7.57%
5 to 10 Years
12.69%
Long Term
61.43%
10 to 20 Years
27.29%
20 to 30 Years
33.46%
Over 30 Years
0.69%
Other
0.37%
As of December 31, 2025
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