Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.63%
Stock 82.13%
Bond 15.45%
Convertible 0.00%
Preferred 0.56%
Other 0.23%
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Market Capitalization

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

% Developed Markets: 89.80%    % Emerging Markets: 7.55%    % Unidentified Markets: 2.65%

Americas 61.25%
59.64%
Canada 4.34%
United States 55.30%
1.61%
Argentina 0.02%
Brazil 0.60%
Chile 0.02%
Colombia 0.04%
Mexico 0.42%
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 21.44%
United Kingdom 5.40%
14.62%
Austria 0.18%
Belgium 0.68%
Denmark 0.31%
Finland 0.35%
France 2.82%
Germany 2.23%
Greece 0.16%
Ireland 1.55%
Italy 0.92%
Netherlands 1.26%
Norway 0.05%
Portugal 0.11%
Spain 0.95%
Sweden 0.97%
Switzerland 1.88%
0.23%
Czech Republic 0.01%
Poland 0.05%
Turkey 0.07%
1.19%
Egypt 0.01%
Israel 0.10%
Nigeria 0.01%
Qatar 0.00%
Saudi Arabia 0.31%
South Africa 0.50%
United Arab Emirates 0.16%
Greater Asia 14.66%
Japan 4.14%
0.31%
Australia 0.26%
5.15%
Hong Kong 0.49%
Singapore 0.43%
South Korea 1.45%
Taiwan 2.78%
5.05%
China 2.80%
India 1.80%
Indonesia 0.25%
Kazakhstan 0.00%
Malaysia 0.02%
Pakistan 0.01%
Philippines 0.05%
Thailand 0.10%
Unidentified Region 2.65%

Bond Credit Quality Exposure

AAA 8.39%
AA 56.49%
A 5.93%
BBB 8.23%
BB 2.98%
B 1.66%
Below B 0.62%
    CCC 0.57%
    CC 0.00%
    C 0.03%
    DDD 0.00%
    DD 0.00%
    D 0.02%
Not Rated 0.14%
Not Available 15.57%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
28.91%
Materials
4.39%
Consumer Discretionary
7.93%
Financials
15.78%
Real Estate
0.81%
Sensitive
41.98%
Communication Services
7.31%
Energy
3.49%
Industrials
12.35%
Information Technology
18.82%
Defensive
11.30%
Consumer Staples
3.38%
Health Care
6.59%
Utilities
1.32%
Not Classified
17.81%
Non Classified Equity
0.96%
Not Classified - Non Equity
16.85%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 77.30%
Corporate 11.53%
Securitized 10.55%
Municipal 0.02%
Other 0.61%
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Bond Maturity Exposure

Short Term
6.95%
Less than 1 Year
6.95%
Intermediate
39.24%
1 to 3 Years
5.41%
3 to 5 Years
12.10%
5 to 10 Years
21.72%
Long Term
53.41%
10 to 20 Years
22.41%
20 to 30 Years
28.93%
Over 30 Years
2.07%
Other
0.41%
As of December 31, 2025
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