Last checked at 12 May 2020 07:00
11th May 2020
Polar Capital Global Financials Trust Plc (the "Company")
Top Fifteen Holdings and Sector and Geographic Exposures as at 30th April 2020
Polar Capital Global Financials Trust Plc is pleased to announce that as at 30th April 2020 the top fifteen equity holdings and the sector and geographic breakdown were as follows:
Top 15 Longs | % |
JPMorgan | 5.3% |
Mastercard | 4.0% |
Bank of America | 3.8% |
PayPal Holdings | 2.7% |
Chubb | 2.6% |
Marsh & McLennan | 2.4% |
AIA Group | 2.4% |
HDFC Bank | 2.3% |
Toronto-Dominion | 2.3% |
Allianz | 2.1% |
E.Sun Financial | 2.0% |
Arch Capital | 2.0% |
Blackstone | 2.0% |
KBC Groep | 1.8% |
Bank Central Asia Tbk | 1.8% |
Total | 39.7% |
Sector Exposure | Total % |
Banks | 46.2% |
Insurance | 18.9% |
Diversified Financials | 11.2% |
Software & Services | 8.0% |
Fixed Income | 6.4% |
Real Estate | 1.8% |
Cash | 7.6% |
Total | 100.0% |
Geographic Exposure | Total % |
North America | 45.7% |
Asia Pac (ex-Japan) | 18.4% |
Europe | 12.8% |
Fixed Income | 6.4% |
UK | 6.2% |
Latin America | 1.1% |
Japan | 1.0% |
Eastern Europe | 0.6% |
Cash | 7.6% |
Total | 100.0% |
Gearing Ratio as calculated in accordance with the guidelines of the Association of Investment Companies, was 7.6%.
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.