Asset Allocation

As of October 31, 2025.
Type % Net
Cash 0.42%
Stock 86.29%
Bond 12.41%
Convertible 0.00%
Preferred 0.21%
Other 0.67%
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Market Capitalization

As of October 31, 2025
Large 38.45%
Mid 37.62%
Small 23.93%
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Region Exposure

% Developed Markets: 79.31%    % Emerging Markets: 2.77%    % Unidentified Markets: 17.92%

Americas 56.71%
54.87%
Canada 6.35%
United States 48.52%
1.84%
Brazil 0.81%
Chile 0.04%
Colombia 0.00%
Mexico 0.95%
Peru 0.01%
As of October 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 15.77%
United Kingdom 4.53%
10.94%
Austria 0.02%
Finland 0.45%
France 2.54%
Germany 0.57%
Greece 0.13%
Ireland 0.23%
Italy 2.03%
Netherlands 0.27%
Norway 0.13%
Spain 3.41%
Sweden 0.45%
Switzerland 0.43%
0.00%
Russia 0.00%
0.30%
Israel 0.07%
South Africa 0.23%
Greater Asia 9.60%
Japan 2.20%
4.22%
Australia 3.55%
2.45%
Hong Kong 1.44%
Singapore 0.98%
South Korea 0.04%
0.72%
China 0.41%
India 0.17%
Thailand 0.14%
Unidentified Region 17.92%

Bond Credit Quality Exposure

AAA 1.97%
AA 63.00%
A 0.40%
BBB 0.92%
BB 2.44%
B 5.64%
Below B 0.42%
    CCC 0.33%
    CC 0.03%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.06%
Not Rated 0.07%
Not Available 25.14%
Short Term 0.00%
As of October 31, 2025
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Stock Sector Exposure

Cyclical
35.98%
Materials
9.81%
Consumer Discretionary
0.27%
Financials
0.17%
Real Estate
25.74%
Sensitive
22.84%
Communication Services
0.65%
Energy
11.97%
Industrials
9.95%
Information Technology
0.26%
Defensive
18.70%
Consumer Staples
0.62%
Health Care
0.15%
Utilities
17.94%
Not Classified
22.48%
Non Classified Equity
20.10%
Not Classified - Non Equity
2.38%
As of October 31, 2025
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Bond Sector Exposure

As of October 31, 2025
Type % Net
Government 73.79%
Corporate 12.15%
Securitized 3.44%
Municipal 0.00%
Other 10.62%
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Bond Maturity Exposure

Short Term
12.52%
Less than 1 Year
12.52%
Intermediate
72.01%
1 to 3 Years
16.84%
3 to 5 Years
21.59%
5 to 10 Years
33.57%
Long Term
15.47%
10 to 20 Years
5.73%
20 to 30 Years
8.05%
Over 30 Years
1.70%
Other
0.00%
As of October 31, 2025
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