Last checked at 8 Jul 2020 07:00
7th July 2020
Polar Capital Global Financials Trust Plc (the "Company")
Top Fifteen Holdings and Sector and Geographic Exposures as at 30th June 2020 and full portfolio listing as at 29th May available from company's website:
Polar Capital Global Financials Trust Plc is pleased to announce that as at 30th June 2020 the top fifteen equity holdings and the sector and geographic breakdown were as follows:
Top 15 Longs | % |
JPMorgan | 5.0% |
Mastercard | 4.3% |
Bank of America | 3.6% |
PayPal Holdings | 3.6% |
Chubb | 2.9% |
Marsh & McLennan | 2.7% |
HDFC Bank | 2.4% |
Toronto-Dominion | 2.4% |
Arch Capital | 2.4% |
AIA Group | 2.2% |
HK Exchanges & Clearing | 2.2% |
Blackstone | 2.1% |
PNC | 2.1% |
Allianz | 1.9% |
Bank Central Asia Tbk | 1.9% |
Total | 41.6% |
Sector Exposure | Total % |
Banks | 45.5% |
Insurance | 20.6% |
Diversified Financials | 12.5% |
Software & Services | 9.4% |
Fixed Income | 7.5% |
Real Estate | 1.7% |
Cash | 2.9% |
Total | 100.0% |
Geographic Exposure | Total % |
North America | 48.7% |
Asia Pac (ex-Japan) | 18.7% |
Europe | 13.8% |
Fixed Income | 7.5% |
UK | 6.0% |
Latin America | 1.5% |
Japan | 0.9% |
Cash | 2.9% |
Total | 100.0% |
Gearing Ratio as calculated in accordance with the guidelines of the Association of Investment Companies, was 8.1%.
The monthly factsheet will usually be available on the Company's website on the 10th working day after the month end and includes a commentary by the investment manager.
Neither the contents of the Company's website nor the contents of any website accessible from the hyperlinks on the Company's website (or any other website) is incorporated into or forms part of this announcement.