Asset Allocation

As of December 31, 2025.
Type % Net
Cash 7.03%
Stock 51.30%
Bond 36.77%
Convertible 0.01%
Preferred 0.01%
Other 4.87%
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Market Capitalization

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

% Developed Markets: 88.66%    % Emerging Markets: 3.43%    % Unidentified Markets: 7.91%

Americas 66.85%
65.40%
Canada 28.40%
United States 37.01%
1.45%
Argentina -0.00%
Brazil 0.46%
Chile 0.04%
Colombia 0.17%
Mexico 0.52%
Peru -0.00%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 20.73%
United Kingdom 5.63%
13.20%
Austria 0.23%
Belgium 0.51%
Denmark 0.54%
Finland 0.15%
France 2.04%
Germany 1.00%
Greece 0.17%
Ireland 1.21%
Italy 2.34%
Netherlands 1.92%
Norway 0.19%
Spain 1.89%
Sweden 0.17%
Switzerland 0.37%
1.37%
Czech Republic 0.65%
Poland 0.08%
Turkey 0.03%
0.53%
Egypt -0.00%
Israel 0.19%
Nigeria 0.04%
Saudi Arabia -0.00%
South Africa 0.21%
United Arab Emirates 0.03%
Greater Asia 4.51%
Japan 1.57%
1.18%
Australia 0.89%
1.32%
Hong Kong 0.23%
Singapore 0.54%
South Korea 0.01%
Taiwan 0.53%
0.43%
China 0.31%
India 0.01%
Indonesia -0.00%
Kazakhstan -0.00%
Malaysia -0.00%
Pakistan -0.00%
Philippines 0.09%
Thailand 0.03%
Unidentified Region 7.91%

Bond Credit Quality Exposure

AAA 17.09%
AA 16.52%
A 19.71%
BBB 19.95%
BB 8.10%
B 3.03%
Below B 0.74%
    CCC 0.73%
    CC 0.01%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.41%
Not Available 14.45%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
16.49%
Materials
1.35%
Consumer Discretionary
5.00%
Financials
9.58%
Real Estate
0.55%
Sensitive
29.23%
Communication Services
4.28%
Energy
1.99%
Industrials
5.92%
Information Technology
17.03%
Defensive
8.06%
Consumer Staples
2.10%
Health Care
4.71%
Utilities
1.25%
Not Classified
46.23%
Non Classified Equity
0.14%
Not Classified - Non Equity
46.09%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 39.65%
Corporate 41.55%
Securitized 7.32%
Municipal 8.68%
Other 2.81%
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Bond Maturity Exposure

Short Term
0.55%
Less than 1 Year
0.55%
Intermediate
65.71%
1 to 3 Years
14.47%
3 to 5 Years
18.54%
5 to 10 Years
32.70%
Long Term
31.04%
10 to 20 Years
12.78%
20 to 30 Years
16.07%
Over 30 Years
2.19%
Other
2.70%
As of December 31, 2025
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