Asset Allocation

As of December 31, 2025.
Type % Net
Cash 3.21%
Stock 44.87%
Bond 51.29%
Convertible 0.00%
Preferred 0.32%
Other 0.31%
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Market Capitalization

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

% Developed Markets: 91.16%    % Emerging Markets: 4.98%    % Unidentified Markets: 3.86%

Americas 71.67%
69.89%
Canada 2.76%
United States 67.13%
1.78%
Argentina 0.02%
Brazil 0.36%
Chile 0.02%
Colombia 0.04%
Mexico 0.44%
Peru 0.06%
Venezuela 0.01%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 15.18%
United Kingdom 3.50%
10.70%
Austria 0.25%
Belgium 0.54%
Denmark 0.22%
Finland 0.30%
France 1.90%
Germany 1.45%
Greece 0.16%
Ireland 1.12%
Italy 0.83%
Netherlands 0.90%
Norway 0.07%
Portugal 0.19%
Spain 0.68%
Sweden 0.62%
Switzerland 1.16%
0.20%
Czech Republic 0.01%
Poland 0.04%
Turkey 0.05%
0.77%
Egypt 0.02%
Israel 0.06%
Nigeria 0.01%
Qatar 0.01%
Saudi Arabia 0.20%
South Africa 0.30%
United Arab Emirates 0.10%
Greater Asia 9.29%
Japan 2.81%
0.45%
Australia 0.35%
3.07%
Hong Kong 0.29%
Singapore 0.34%
South Korea 0.84%
Taiwan 1.59%
2.96%
China 1.62%
India 1.04%
Indonesia 0.16%
Kazakhstan 0.00%
Malaysia 0.02%
Pakistan 0.01%
Philippines 0.03%
Thailand 0.06%
Unidentified Region 3.86%

Bond Credit Quality Exposure

AAA 8.07%
AA 61.84%
A 5.28%
BBB 9.80%
BB 1.30%
B 0.56%
Below B 0.22%
    CCC 0.20%
    CC 0.00%
    C 0.01%
    DDD 0.00%
    DD 0.00%
    D 0.01%
Not Rated 0.11%
Not Available 12.83%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
15.91%
Materials
2.43%
Consumer Discretionary
4.38%
Financials
8.63%
Real Estate
0.46%
Sensitive
22.93%
Communication Services
3.96%
Energy
1.91%
Industrials
6.80%
Information Technology
10.25%
Defensive
6.10%
Consumer Staples
1.85%
Health Care
3.54%
Utilities
0.71%
Not Classified
55.06%
Non Classified Equity
0.52%
Not Classified - Non Equity
54.54%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 72.02%
Corporate 12.47%
Securitized 15.18%
Municipal 0.01%
Other 0.33%
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Bond Maturity Exposure

Short Term
7.34%
Less than 1 Year
7.34%
Intermediate
56.35%
1 to 3 Years
8.96%
3 to 5 Years
16.27%
5 to 10 Years
31.12%
Long Term
35.87%
10 to 20 Years
13.74%
20 to 30 Years
19.80%
Over 30 Years
2.32%
Other
0.44%
As of December 31, 2025
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