Asset Allocation

As of December 31, 2025.
Type % Net
Cash 7.43%
Stock 40.08%
Bond 46.02%
Convertible 0.00%
Preferred 0.23%
Other 6.24%
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Market Capitalization

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

% Developed Markets: 52.48%    % Emerging Markets: 25.40%    % Unidentified Markets: 22.12%

Americas 48.71%
39.11%
Canada 14.05%
United States 25.06%
9.60%
Argentina 0.58%
Brazil 1.72%
Chile 0.80%
Colombia 0.75%
Mexico 1.78%
Peru 0.62%
Venezuela 0.08%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 13.91%
United Kingdom 1.15%
3.49%
Austria 0.09%
Belgium 0.03%
Denmark 0.02%
Finland 0.01%
France 1.09%
Germany 0.37%
Greece 0.10%
Ireland 0.11%
Italy 0.21%
Netherlands 0.23%
Norway -0.01%
Spain 0.44%
Switzerland 0.21%
3.65%
Czech Republic 0.19%
Poland 0.72%
Russia 0.00%
Turkey 1.17%
5.62%
Egypt 0.42%
Israel 0.28%
Nigeria 0.37%
Qatar 0.04%
Saudi Arabia 0.78%
South Africa 1.03%
United Arab Emirates 0.86%
Greater Asia 15.26%
Japan 0.11%
0.71%
Australia 0.57%
5.23%
Hong Kong 0.93%
Singapore 0.27%
South Korea 2.11%
Taiwan 1.86%
9.22%
China 2.69%
India 2.36%
Indonesia 1.26%
Kazakhstan 0.18%
Malaysia 0.71%
Pakistan 0.10%
Philippines 0.86%
Thailand 0.35%
Unidentified Region 22.12%

Bond Credit Quality Exposure

AAA 0.54%
AA 24.76%
A 8.52%
BBB 16.08%
BB 17.63%
B 9.52%
Below B 6.11%
    CCC 5.24%
    CC 0.00%
    C 0.13%
    DDD 0.00%
    DD 0.00%
    D 0.74%
Not Rated 0.86%
Not Available 15.98%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
10.37%
Materials
5.83%
Consumer Discretionary
1.25%
Financials
2.65%
Real Estate
0.64%
Sensitive
15.85%
Communication Services
0.95%
Energy
4.97%
Industrials
6.15%
Information Technology
3.78%
Defensive
4.74%
Consumer Staples
0.59%
Health Care
1.09%
Utilities
3.07%
Not Classified
69.03%
Non Classified Equity
8.10%
Not Classified - Non Equity
60.93%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 67.22%
Corporate 30.38%
Securitized 0.01%
Municipal 0.36%
Other 2.03%
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Bond Maturity Exposure

Short Term
11.85%
Less than 1 Year
11.85%
Intermediate
65.51%
1 to 3 Years
14.67%
3 to 5 Years
20.94%
5 to 10 Years
29.90%
Long Term
21.70%
10 to 20 Years
8.28%
20 to 30 Years
10.19%
Over 30 Years
3.24%
Other
0.94%
As of December 31, 2025
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