Asset Allocation

As of December 31, 2025.
Type % Net
Cash 3.88%
Stock 47.10%
Bond 39.89%
Convertible 0.00%
Preferred 0.03%
Other 9.10%
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Market Capitalization

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

% Developed Markets: 82.00%    % Emerging Markets: 5.44%    % Unidentified Markets: 12.56%

Americas 67.52%
63.89%
Canada 8.08%
United States 55.82%
3.62%
Argentina 0.03%
Brazil 3.05%
Chile 0.06%
Colombia 0.09%
Mexico 0.28%
Peru 0.05%
Venezuela 0.05%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 13.02%
United Kingdom 3.74%
8.43%
Austria 0.11%
Belgium 0.12%
Denmark 0.26%
Finland 0.28%
France 1.83%
Germany 1.27%
Ireland 0.70%
Italy 0.43%
Netherlands 0.67%
Norway 0.15%
Portugal 0.03%
Spain 0.46%
Sweden 0.44%
Switzerland 1.40%
0.28%
Czech Republic 0.12%
Russia 0.01%
Turkey 0.03%
0.56%
Israel 0.17%
South Africa 0.40%
Greater Asia 6.91%
Japan 2.84%
1.72%
Australia 1.70%
1.20%
Hong Kong 0.25%
Singapore 0.49%
South Korea 0.34%
Taiwan 0.12%
1.14%
China 0.32%
India 0.13%
Indonesia 0.21%
Malaysia 0.14%
Philippines 0.10%
Thailand 0.25%
Unidentified Region 12.56%

Bond Credit Quality Exposure

AAA 2.29%
AA 64.11%
A 6.15%
BBB 9.59%
BB 7.10%
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 10.75%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
26.60%
Materials
14.64%
Consumer Discretionary
3.85%
Financials
7.30%
Real Estate
0.80%
Sensitive
25.04%
Communication Services
3.03%
Energy
7.40%
Industrials
5.15%
Information Technology
9.45%
Defensive
8.34%
Consumer Staples
2.68%
Health Care
4.39%
Utilities
1.27%
Not Classified
40.02%
Non Classified Equity
0.95%
Not Classified - Non Equity
39.07%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 82.48%
Corporate 17.35%
Securitized 0.00%
Municipal 0.00%
Other 0.17%
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Bond Maturity Exposure

Short Term
8.75%
Less than 1 Year
8.75%
Intermediate
65.48%
1 to 3 Years
23.14%
3 to 5 Years
20.68%
5 to 10 Years
21.66%
Long Term
25.77%
10 to 20 Years
4.49%
20 to 30 Years
20.75%
Over 30 Years
0.53%
Other
0.00%
As of December 31, 2025
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