Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.75%
Stock 67.66%
Bond 30.00%
Convertible 0.00%
Preferred 0.35%
Other 0.25%
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Market Capitalization

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

% Developed Markets: 90.95%    % Emerging Markets: 6.64%    % Unidentified Markets: 2.42%

Americas 64.55%
62.77%
Canada 3.85%
United States 58.92%
1.78%
Argentina 0.02%
Brazil 0.53%
Chile 0.02%
Colombia 0.04%
Mexico 0.44%
Peru 0.07%
Venezuela 0.01%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 19.89%
United Kingdom 4.77%
13.88%
Austria 0.26%
Belgium 0.73%
Denmark 0.29%
Finland 0.34%
France 2.55%
Germany 2.04%
Greece 0.18%
Ireland 1.46%
Italy 0.98%
Netherlands 1.17%
Norway 0.07%
Portugal 0.19%
Spain 0.90%
Sweden 0.85%
Switzerland 1.56%
0.22%
Czech Republic 0.01%
Poland 0.04%
Turkey 0.06%
1.03%
Egypt 0.01%
Israel 0.08%
Nigeria 0.01%
Qatar 0.00%
Saudi Arabia 0.27%
South Africa 0.42%
United Arab Emirates 0.14%
Greater Asia 13.14%
Japan 3.74%
0.44%
Australia 0.35%
4.70%
Hong Kong 0.42%
Singapore 0.48%
South Korea 1.26%
Taiwan 2.55%
4.25%
China 2.40%
India 1.46%
Indonesia 0.21%
Kazakhstan 0.00%
Malaysia 0.02%
Pakistan 0.01%
Philippines 0.04%
Thailand 0.09%
Unidentified Region 2.42%

Bond Credit Quality Exposure

AAA 9.81%
AA 55.58%
A 6.53%
BBB 10.56%
BB 1.85%
B 0.88%
Below B 0.34%
    CCC 0.31%
    CC 0.00%
    C 0.02%
    DDD 0.00%
    DD 0.00%
    D 0.01%
Not Rated 0.13%
Not Available 14.31%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
23.81%
Materials
3.71%
Consumer Discretionary
6.20%
Financials
13.27%
Real Estate
0.63%
Sensitive
34.80%
Communication Services
6.40%
Energy
2.92%
Industrials
10.62%
Information Technology
14.85%
Defensive
9.16%
Consumer Staples
2.76%
Health Care
5.20%
Utilities
1.20%
Not Classified
32.24%
Non Classified Equity
0.62%
Not Classified - Non Equity
31.62%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 70.32%
Corporate 13.41%
Securitized 15.82%
Municipal 0.01%
Other 0.45%
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Bond Maturity Exposure

Short Term
4.54%
Less than 1 Year
4.54%
Intermediate
49.56%
1 to 3 Years
5.17%
3 to 5 Years
13.97%
5 to 10 Years
30.41%
Long Term
45.42%
10 to 20 Years
18.05%
20 to 30 Years
24.75%
Over 30 Years
2.63%
Other
0.48%
As of December 31, 2025
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