Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.36%
Stock 90.42%
Bond 7.55%
Convertible 0.00%
Preferred 0.35%
Other 0.32%
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Market Capitalization

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

% Developed Markets: 90.19%    % Emerging Markets: 7.64%    % Unidentified Markets: 2.17%

Americas 61.51%
60.13%
Canada 4.35%
United States 55.78%
1.38%
Brazil 0.65%
Chile 0.00%
Colombia 0.01%
Mexico 0.37%
Peru 0.08%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 20.60%
United Kingdom 5.37%
13.91%
Austria 0.06%
Belgium 0.54%
Denmark 0.31%
Finland 0.29%
France 2.89%
Germany 2.36%
Greece 0.11%
Ireland 1.49%
Italy 0.78%
Netherlands 1.18%
Norway 0.04%
Portugal 0.00%
Spain 0.88%
Sweden 1.03%
Switzerland 1.83%
0.14%
Poland 0.03%
Turkey 0.05%
1.18%
Israel 0.11%
Saudi Arabia 0.33%
South Africa 0.53%
United Arab Emirates 0.16%
Greater Asia 15.72%
Japan 4.39%
0.31%
Australia 0.31%
5.53%
Hong Kong 0.57%
Singapore 0.41%
South Korea 1.59%
Taiwan 2.96%
5.48%
China 3.08%
India 1.99%
Indonesia 0.25%
Malaysia 0.01%
Philippines 0.04%
Thailand 0.10%
Unidentified Region 2.17%

Bond Credit Quality Exposure

AAA 0.15%
AA 82.91%
A 0.16%
BBB 0.38%
BB 0.01%
B 0.00%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 16.39%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
31.95%
Materials
4.73%
Consumer Discretionary
8.92%
Financials
17.15%
Real Estate
1.14%
Sensitive
45.84%
Communication Services
7.65%
Energy
3.81%
Industrials
13.25%
Information Technology
21.13%
Defensive
12.56%
Consumer Staples
3.91%
Health Care
7.02%
Utilities
1.63%
Not Classified
9.65%
Non Classified Equity
0.75%
Not Classified - Non Equity
8.90%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 98.61%
Corporate 0.52%
Securitized 0.56%
Municipal 0.00%
Other 0.31%
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Bond Maturity Exposure

Short Term
17.30%
Less than 1 Year
17.30%
Intermediate
2.47%
1 to 3 Years
1.39%
3 to 5 Years
0.38%
5 to 10 Years
0.70%
Long Term
80.21%
10 to 20 Years
34.81%
20 to 30 Years
45.28%
Over 30 Years
0.13%
Other
0.02%
As of December 31, 2025
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