Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.94%
Stock 89.30%
Bond 7.99%
Convertible 0.00%
Preferred 0.45%
Other 0.32%
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Market Capitalization

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

% Developed Markets: 89.67%    % Emerging Markets: 7.42%    % Unidentified Markets: 2.90%

Americas 59.59%
58.24%
Canada 4.69%
United States 53.56%
1.34%
Brazil 0.62%
Chile 0.00%
Colombia 0.02%
Mexico 0.35%
Peru 0.08%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 21.68%
United Kingdom 5.79%
14.56%
Austria 0.07%
Belgium 0.71%
Denmark 0.30%
Finland 0.27%
France 2.96%
Germany 2.33%
Greece 0.11%
Ireland 1.60%
Italy 0.82%
Netherlands 1.32%
Norway 0.02%
Portugal 0.02%
Spain 0.97%
Sweden 1.04%
Switzerland 1.94%
0.16%
Poland 0.03%
Turkey 0.08%
1.16%
Israel 0.09%
Saudi Arabia 0.31%
South Africa 0.54%
United Arab Emirates 0.16%
Greater Asia 15.84%
Japan 4.23%
0.15%
Australia 0.15%
6.18%
Hong Kong 0.50%
Singapore 0.45%
South Korea 1.85%
Taiwan 3.37%
5.28%
China 3.02%
India 1.87%
Indonesia 0.23%
Malaysia 0.01%
Philippines 0.04%
Thailand 0.10%
Unidentified Region 2.90%

Bond Credit Quality Exposure

AAA 0.34%
AA 87.27%
A 0.19%
BBB 0.49%
BB 0.03%
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 11.67%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
31.56%
Materials
4.99%
Consumer Discretionary
8.15%
Financials
17.63%
Real Estate
0.78%
Sensitive
45.92%
Communication Services
8.19%
Energy
3.81%
Industrials
14.15%
Information Technology
19.76%
Defensive
11.88%
Consumer Staples
3.56%
Health Care
6.77%
Utilities
1.55%
Not Classified
10.65%
Non Classified Equity
0.85%
Not Classified - Non Equity
9.80%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 98.50%
Corporate 0.57%
Securitized 0.79%
Municipal 0.00%
Other 0.15%
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Bond Maturity Exposure

Short Term
13.41%
Less than 1 Year
13.41%
Intermediate
3.50%
1 to 3 Years
1.83%
3 to 5 Years
0.59%
5 to 10 Years
1.08%
Long Term
83.05%
10 to 20 Years
35.98%
20 to 30 Years
46.98%
Over 30 Years
0.09%
Other
0.04%
As of December 31, 2025
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