Asset Allocation

As of December 31, 2025.
Type % Net
Cash 6.63%
Stock 75.14%
Bond 13.47%
Convertible 0.00%
Preferred 0.00%
Other 4.76%
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Market Capitalization

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

% Developed Markets: 89.90%    % Emerging Markets: 1.20%    % Unidentified Markets: 8.90%

Americas 66.37%
65.61%
Canada 21.52%
United States 44.09%
0.77%
Argentina -0.00%
Brazil 0.24%
Chile 0.02%
Colombia 0.07%
Mexico 0.23%
Peru -0.00%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 19.24%
United Kingdom 6.83%
11.50%
Austria 0.12%
Belgium 0.46%
Denmark 0.74%
Finland 0.28%
France 1.83%
Germany 0.76%
Greece 0.09%
Ireland 1.27%
Italy 1.79%
Netherlands 1.58%
Norway 0.10%
Spain 1.61%
Sweden 0.09%
Switzerland 0.68%
0.45%
Czech Republic 0.30%
Poland 0.01%
Turkey -0.00%
0.45%
Egypt -0.00%
Israel 0.32%
Nigeria 0.02%
Saudi Arabia -0.00%
South Africa 0.11%
United Arab Emirates -0.00%
Greater Asia 5.49%
Japan 2.23%
0.93%
Australia 0.78%
2.33%
Hong Kong 0.36%
Singapore 1.00%
Taiwan 0.97%
-0.00%
China -0.00%
India -0.00%
Indonesia -0.00%
Kazakhstan -0.00%
Malaysia -0.00%
Pakistan -0.00%
Philippines -0.00%
Unidentified Region 8.90%

Bond Credit Quality Exposure

AAA 11.11%
AA 16.39%
A 17.71%
BBB 21.70%
BB 14.18%
B 6.97%
Below B 1.81%
    CCC 1.77%
    CC 0.03%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.21%
Not Available 9.92%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
24.64%
Materials
1.38%
Consumer Discretionary
7.62%
Financials
15.01%
Real Estate
0.64%
Sensitive
42.44%
Communication Services
6.47%
Energy
2.58%
Industrials
8.61%
Information Technology
24.78%
Defensive
12.87%
Consumer Staples
2.96%
Health Care
7.91%
Utilities
2.00%
Not Classified
20.05%
Non Classified Equity
0.12%
Not Classified - Non Equity
19.93%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 42.42%
Corporate 48.64%
Securitized 1.34%
Municipal 5.55%
Other 2.05%
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Bond Maturity Exposure

Short Term
0.62%
Less than 1 Year
0.62%
Intermediate
73.05%
1 to 3 Years
14.75%
3 to 5 Years
20.75%
5 to 10 Years
37.55%
Long Term
22.37%
10 to 20 Years
10.94%
20 to 30 Years
9.53%
Over 30 Years
1.90%
Other
3.96%
As of December 31, 2025
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