Top Fifteen Equity Holdings and Exposures

RNS Number : 2655B

Polar Capital Global Financials Tst

08 January 2018

 

8^th January 2018

Polar Capital Global Financials Trust Plc (the "Company")

Top Fifteen Holdings and Sector and Geographic Exposures as at 29^th December 2017 and full portfolio listing as at 30^th November available from the company's website

Polar Capital Global Financials Trust Plc is pleased to announce that as at 29^th December 2017 the top fifteen equity holdings and the sector and geographic breakdown were as follows:  

Top 15 Longs	%
JPMorgan	4.7%
Bank of America	3.9%
ING Groep	3.4%
Wells Fargo	3.4%
BNP Paribas	2.8%
Chubb	2.7%
Citigroup	2.6%
KBC Groep	2.1%
Sumitomo Mitsui Financial	2.1%
PNC	2.1%
KeyCorp	2.0%
Toronto-Dominion	2.0%
Sampo	2.0%
Marsh & McLennan	2.0%
Mastercard	1.9%
Total	39.6%

Sector Exposure	Total %
Banks	64.0%
Insurance	12.5%
Diversified Financials	9.0%
Fixed Income	6.3%
Real Estate	3.4%
Software & Services	1.9%
Cash	2.8%
Total	100.0%

Geographic Exposure	Total %
North America	40.3%
Europe	25.7%
Asia Pac (ex-Japan)	13.3%
UK	8.5%
Fixed Income	6.3%
Japan	2.1%
Latin America	0.6%
Eastern Europe	0.4%
Cash	2.8%
Total	100.0%

Gearing Ratio as calculated in accordance with the guidelines of the Association of Investment Companies, was 3.0%.

The monthly factsheet will usually be available on the Company's website on the 10^th 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.

 

END

 

 

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