Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.65%
Stock 72.53%
Bond 24.75%
Convertible 0.00%
Preferred 0.29%
Other 0.78%
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Market Capitalization

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

% Developed Markets: 89.53%    % Emerging Markets: 8.23%    % Unidentified Markets: 2.23%

Americas 59.80%
57.98%
Canada 33.76%
United States 24.23%
1.81%
Brazil 0.40%
Colombia 0.02%
Mexico 0.81%
Peru 0.29%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 21.65%
United Kingdom 5.17%
14.84%
Austria 0.11%
Belgium 0.49%
Denmark 0.34%
Finland 0.22%
France 3.27%
Germany 2.27%
Greece 0.46%
Ireland 1.41%
Italy 1.19%
Netherlands 1.30%
Norway 0.02%
Portugal 0.05%
Spain 1.26%
Sweden 0.70%
Switzerland 1.61%
0.63%
Turkey 0.23%
1.02%
Israel 0.05%
Saudi Arabia 0.29%
South Africa 0.50%
United Arab Emirates 0.18%
Greater Asia 16.32%
Japan 5.98%
0.29%
Australia 0.23%
4.87%
Hong Kong 0.40%
Singapore 0.24%
South Korea 1.68%
Taiwan 2.54%
5.19%
China 3.58%
India 1.12%
Indonesia 0.27%
Kazakhstan 0.02%
Malaysia 0.16%
Thailand 0.04%
Unidentified Region 2.23%

Bond Credit Quality Exposure

AAA 25.69%
AA 32.69%
A 22.85%
BBB 10.70%
BB 0.70%
B 0.07%
Below B 0.03%
    CCC 0.03%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.54%
Not Available 6.74%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
30.87%
Materials
6.85%
Consumer Discretionary
6.74%
Financials
16.85%
Real Estate
0.43%
Sensitive
33.52%
Communication Services
5.11%
Energy
3.89%
Industrials
11.13%
Information Technology
13.38%
Defensive
8.00%
Consumer Staples
3.07%
Health Care
3.60%
Utilities
1.33%
Not Classified
27.61%
Non Classified Equity
0.62%
Not Classified - Non Equity
26.99%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 53.07%
Corporate 19.53%
Securitized 1.69%
Municipal 22.16%
Other 3.56%
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Bond Maturity Exposure

Short Term
3.05%
Less than 1 Year
3.05%
Intermediate
60.23%
1 to 3 Years
16.06%
3 to 5 Years
16.31%
5 to 10 Years
27.86%
Long Term
36.68%
10 to 20 Years
14.60%
20 to 30 Years
17.64%
Over 30 Years
4.44%
Other
0.04%
As of December 31, 2025
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