Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.74%
Stock 76.38%
Bond 22.38%
Convertible 0.00%
Preferred 0.01%
Other 0.49%
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Market Capitalization

As of December 31, 2025
Large 86.61%
Mid 12.03%
Small 1.36%
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Region Exposure

% Developed Markets: 96.20%    % Emerging Markets: 2.53%    % Unidentified Markets: 1.27%

Americas 65.61%
63.06%
Canada 7.02%
United States 56.04%
2.55%
Brazil 1.03%
Chile 0.12%
Colombia 0.47%
Mexico 0.87%
Peru 0.00%
Venezuela 0.00%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 27.74%
United Kingdom 11.69%
16.05%
Austria 0.00%
Belgium 0.76%
Denmark 1.08%
Finland 0.85%
France 1.65%
Germany 5.15%
Ireland 2.55%
Netherlands 0.16%
Spain 2.52%
Switzerland 1.34%
0.00%
Poland 0.00%
0.00%
Saudi Arabia 0.00%
Greater Asia 5.38%
Japan 1.53%
2.16%
Australia 2.06%
1.66%
Hong Kong 0.16%
Singapore 0.00%
South Korea 0.00%
Taiwan 1.49%
0.03%
China 0.03%
Unidentified Region 1.27%

Bond Credit Quality Exposure

AAA 29.88%
AA 33.10%
A 4.87%
BBB 9.66%
BB 11.24%
B 0.70%
Below B 0.33%
    CCC 0.02%
    CC 0.00%
    C 0.08%
    DDD 0.00%
    DD 0.00%
    D 0.22%
Not Rated 0.13%
Not Available 10.09%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
41.11%
Materials
1.73%
Consumer Discretionary
19.52%
Financials
19.87%
Real Estate
0.00%
Sensitive
29.45%
Communication Services
3.14%
Energy
0.00%
Industrials
5.36%
Information Technology
20.95%
Defensive
27.83%
Consumer Staples
9.52%
Health Care
18.31%
Utilities
0.01%
Not Classified
1.61%
Non Classified Equity
0.38%
Not Classified - Non Equity
1.23%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 78.09%
Corporate 17.71%
Securitized 0.63%
Municipal 0.17%
Other 3.40%
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Bond Maturity Exposure

Short Term
0.62%
Less than 1 Year
0.62%
Intermediate
81.92%
1 to 3 Years
11.28%
3 to 5 Years
12.88%
5 to 10 Years
57.76%
Long Term
17.43%
10 to 20 Years
2.96%
20 to 30 Years
11.87%
Over 30 Years
2.60%
Other
0.02%
As of December 31, 2025
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