Asset Allocation

As of December 31, 2025.
Type % Net
Cash 4.10%
Stock 57.69%
Bond 37.26%
Convertible 0.01%
Preferred 0.11%
Other 0.83%
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Market Capitalization

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

% Developed Markets: 94.43%    % Emerging Markets: 4.39%    % Unidentified Markets: 1.18%

Americas 58.60%
56.59%
Canada 15.30%
United States 41.30%
2.01%
Argentina -0.00%
Brazil 0.42%
Chile 0.06%
Colombia 0.15%
Mexico 0.55%
Peru 0.02%
Venezuela 0.01%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 29.27%
United Kingdom 5.82%
21.40%
Austria 0.43%
Belgium 0.79%
Denmark 0.53%
Finland 0.17%
France 4.08%
Germany 2.29%
Greece 0.19%
Ireland 1.17%
Italy 3.13%
Netherlands 2.15%
Norway 0.27%
Portugal 0.07%
Spain 2.59%
Sweden 0.65%
Switzerland 2.12%
1.41%
Czech Republic 0.59%
Poland 0.17%
Turkey 0.04%
0.64%
Egypt -0.00%
Israel 0.23%
Nigeria 0.03%
Saudi Arabia 0.02%
South Africa 0.27%
United Arab Emirates 0.02%
Greater Asia 10.95%
Japan 6.20%
2.13%
Australia 1.81%
1.34%
Hong Kong 0.20%
Singapore 0.17%
South Korea 0.30%
Taiwan 0.63%
1.28%
China 0.62%
India 0.16%
Indonesia 0.14%
Kazakhstan 0.00%
Malaysia 0.14%
Philippines 0.10%
Thailand 0.12%
Unidentified Region 1.18%

Bond Credit Quality Exposure

AAA 12.09%
AA 17.34%
A 16.64%
BBB 17.82%
BB 12.64%
B 7.07%
Below B 1.81%
    CCC 1.78%
    CC 0.03%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.25%
Not Available 14.32%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
17.63%
Materials
1.28%
Consumer Discretionary
4.93%
Financials
10.91%
Real Estate
0.51%
Sensitive
23.05%
Communication Services
5.25%
Energy
2.54%
Industrials
6.03%
Information Technology
9.22%
Defensive
18.68%
Consumer Staples
5.93%
Health Care
8.65%
Utilities
4.10%
Not Classified
40.64%
Non Classified Equity
0.09%
Not Classified - Non Equity
40.55%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 43.93%
Corporate 47.00%
Securitized 4.57%
Municipal 3.34%
Other 1.16%
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Bond Maturity Exposure

Short Term
0.61%
Less than 1 Year
0.61%
Intermediate
72.46%
1 to 3 Years
15.34%
3 to 5 Years
20.29%
5 to 10 Years
36.83%
Long Term
24.21%
10 to 20 Years
10.74%
20 to 30 Years
12.22%
Over 30 Years
1.25%
Other
2.72%
As of December 31, 2025
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