Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.36%
Stock 91.73%
Bond 6.07%
Convertible 0.00%
Preferred 0.63%
Other 0.21%
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Market Capitalization

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

% Developed Markets: 89.30%    % Emerging Markets: 8.20%    % Unidentified Markets: 2.50%

Americas 59.84%
58.25%
Canada 4.73%
United States 53.52%
1.59%
Argentina 0.02%
Brazil 0.67%
Chile 0.02%
Colombia 0.05%
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 22.02%
United Kingdom 5.78%
14.70%
Austria 0.10%
Belgium 0.65%
Denmark 0.31%
Finland 0.31%
France 2.93%
Germany 2.25%
Greece 0.13%
Ireland 1.61%
Italy 0.84%
Netherlands 1.33%
Norway 0.03%
Portugal 0.04%
Spain 0.97%
Sweden 1.03%
Switzerland 2.02%
0.24%
Czech Republic 0.01%
Poland 0.06%
Turkey 0.07%
1.31%
Egypt 0.02%
Israel 0.10%
Nigeria 0.01%
Qatar 0.01%
Saudi Arabia 0.34%
South Africa 0.55%
United Arab Emirates 0.18%
Greater Asia 15.64%
Japan 4.24%
0.19%
Australia 0.17%
5.63%
Hong Kong 0.54%
Singapore 0.40%
South Korea 1.60%
Taiwan 3.09%
5.58%
China 3.09%
India 1.99%
Indonesia 0.28%
Kazakhstan 0.00%
Malaysia 0.02%
Pakistan 0.01%
Philippines 0.05%
Thailand 0.11%
Unidentified Region 2.50%

Bond Credit Quality Exposure

AAA 2.81%
AA 57.41%
A 2.99%
BBB 3.79%
BB 7.94%
B 4.94%
Below B 1.81%
    CCC 1.65%
    CC 0.01%
    C 0.10%
    DDD 0.00%
    DD 0.00%
    D 0.06%
Not Rated 0.15%
Not Available 18.15%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
32.33%
Materials
4.87%
Consumer Discretionary
8.90%
Financials
17.65%
Real Estate
0.90%
Sensitive
46.87%
Communication Services
8.13%
Energy
3.91%
Industrials
13.71%
Information Technology
21.12%
Defensive
12.63%
Consumer Staples
3.76%
Health Care
7.39%
Utilities
1.48%
Not Classified
8.16%
Non Classified Equity
1.08%
Not Classified - Non Equity
7.08%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 87.16%
Corporate 11.10%
Securitized 0.37%
Municipal 0.05%
Other 1.31%
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Bond Maturity Exposure

Short Term
13.48%
Less than 1 Year
13.48%
Intermediate
24.91%
1 to 3 Years
4.47%
3 to 5 Years
7.62%
5 to 10 Years
12.82%
Long Term
61.24%
10 to 20 Years
27.19%
20 to 30 Years
33.36%
Over 30 Years
0.68%
Other
0.37%
As of December 31, 2025
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