Asset Allocation

As of December 31, 2025.
Type % Net
Cash 2.16%
Stock 65.66%
Bond 29.20%
Convertible 0.00%
Preferred 0.03%
Other 2.95%
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Market Capitalization

As of December 31, 2025
Large 71.82%
Mid 14.73%
Small 13.45%
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Region Exposure

% Developed Markets: 94.36%    % Emerging Markets: 1.89%    % Unidentified Markets: 3.75%

Americas 79.52%
78.54%
Canada 46.73%
United States 31.81%
0.98%
Argentina 0.02%
Brazil 0.33%
Chile 0.01%
Colombia 0.10%
Mexico 0.31%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 10.97%
United Kingdom 3.30%
7.38%
Austria 0.00%
Belgium 0.18%
Denmark 0.11%
Finland 0.23%
France 1.38%
Germany 1.00%
Ireland 0.29%
Italy 0.84%
Netherlands 0.84%
Norway 0.28%
Portugal 0.01%
Spain 0.63%
Sweden 0.63%
Switzerland 0.66%
0.12%
Czech Republic 0.00%
Poland 0.07%
Turkey 0.01%
0.17%
Israel 0.00%
Saudi Arabia 0.10%
South Africa 0.08%
Greater Asia 5.76%
Japan 2.32%
1.64%
Australia 1.61%
1.18%
Hong Kong 0.54%
Singapore 0.26%
South Korea 0.06%
Taiwan 0.32%
0.62%
China 0.36%
India 0.08%
Indonesia 0.06%
Malaysia 0.05%
Philippines 0.01%
Thailand 0.06%
Unidentified Region 3.75%

Bond Credit Quality Exposure

AAA 10.83%
AA 47.18%
A 6.97%
BBB 14.82%
BB 7.99%
B 4.90%
Below B 1.26%
    CCC 1.17%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.08%
Not Rated 0.34%
Not Available 5.73%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
39.80%
Materials
8.00%
Consumer Discretionary
2.00%
Financials
24.02%
Real Estate
5.77%
Sensitive
31.55%
Communication Services
3.33%
Energy
15.10%
Industrials
6.10%
Information Technology
7.02%
Defensive
17.22%
Consumer Staples
1.66%
Health Care
6.80%
Utilities
8.76%
Not Classified
11.43%
Non Classified Equity
1.74%
Not Classified - Non Equity
9.69%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 58.53%
Corporate 31.35%
Securitized 2.06%
Municipal 5.49%
Other 2.58%
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Bond Maturity Exposure

Short Term
3.57%
Less than 1 Year
3.57%
Intermediate
67.50%
1 to 3 Years
6.20%
3 to 5 Years
10.13%
5 to 10 Years
51.18%
Long Term
28.42%
10 to 20 Years
6.95%
20 to 30 Years
19.27%
Over 30 Years
2.20%
Other
0.51%
As of December 31, 2025
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