Asset Allocation

As of November 30, 2025.
Type % Net
Cash 2.68%
Stock 86.76%
Bond 8.42%
Convertible 0.03%
Preferred 0.68%
Other 1.42%
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Market Capitalization

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

% Developed Markets: 90.43%    % Emerging Markets: 5.95%    % Unidentified Markets: 3.62%

Americas 72.40%
70.75%
Canada 47.58%
United States 23.18%
1.65%
Argentina 0.00%
Brazil 0.35%
Chile 0.01%
Colombia 0.06%
Mexico 0.61%
Peru 0.19%
Venezuela 0.00%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 13.73%
United Kingdom 4.02%
8.20%
Austria 0.05%
Belgium 0.22%
Denmark 0.10%
Finland 0.23%
France 1.83%
Germany 1.27%
Greece 0.29%
Ireland 0.70%
Italy 0.29%
Netherlands 1.28%
Norway 0.02%
Portugal 0.03%
Spain 0.29%
Sweden 0.59%
Switzerland 0.92%
0.59%
Czech Republic 0.05%
Poland 0.09%
Turkey 0.15%
0.92%
Egypt 0.01%
Israel 0.27%
Saudi Arabia 0.17%
South Africa 0.38%
United Arab Emirates 0.10%
Greater Asia 10.25%
Japan 1.98%
0.31%
Australia 0.30%
4.42%
Hong Kong 0.53%
Singapore 0.16%
South Korea 0.99%
Taiwan 2.73%
3.54%
China 2.31%
India 0.74%
Indonesia 0.23%
Kazakhstan 0.02%
Malaysia 0.17%
Philippines 0.00%
Thailand 0.06%
Unidentified Region 3.62%

Bond Credit Quality Exposure

AAA 22.24%
AA 20.70%
A 11.80%
BBB 9.23%
BB 5.93%
B 2.12%
Below B 0.79%
    CCC 0.64%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.15%
Not Rated 0.20%
Not Available 26.99%
Short Term 0.00%
As of November 30, 2025
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Stock Sector Exposure

Cyclical
36.65%
Materials
11.80%
Consumer Discretionary
6.17%
Financials
16.83%
Real Estate
1.85%
Sensitive
39.28%
Communication Services
6.24%
Energy
6.75%
Industrials
11.41%
Information Technology
14.88%
Defensive
10.94%
Consumer Staples
6.54%
Health Care
2.83%
Utilities
1.58%
Not Classified
13.12%
Non Classified Equity
1.58%
Not Classified - Non Equity
11.55%
As of November 30, 2025
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 52.53%
Corporate 18.31%
Securitized 0.78%
Municipal 21.85%
Other 6.54%
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Bond Maturity Exposure

Short Term
19.82%
Less than 1 Year
19.82%
Intermediate
45.65%
1 to 3 Years
10.00%
3 to 5 Years
10.63%
5 to 10 Years
25.02%
Long Term
33.79%
10 to 20 Years
14.54%
20 to 30 Years
16.63%
Over 30 Years
2.62%
Other
0.74%
As of November 30, 2025
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