Top Fifteen Equity Holdings and Exposures

RNS Number : 2706Y

Polar Capital Global Financials Tst

07 May 2019

 

7^th May 2019

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

Top Fifteen Holdings and Sector and Geographic Exposures as at 30^th April 2019

Polar Capital Global Financials Trust Plc is pleased to announce that as at 30^th April 2019 the top fifteen equity holdings and the sector and geographic breakdown were as follows:               

Top 15 Longs	%
JPMorgan	5.5%
Bank of America	3.9%
Mastercard	3.2%
Chubb	3.0%
Citigroup	2.4%
Arch Capital	2.3%
Sumitomo Mitsui Financial	2.2%
Marsh & McLennan	2.1%
Toronto-Dominion	2.1%
Citizens Financial Group	2.1%
KBC Groep	2.1%
US Bancorp	2.0%
PNC	2.0%
Wells Fargo	1.9%
AIA Group	1.8%
Total	38.7%

Sector Exposure	Total %
Banks	59.4%
Insurance	13.9%
Diversified Financials	7.6%
Fixed Income	7.5%
Real Estate	3.8%
Software & Services	3.6%
Cash	4.2%
Total	100.0%

Geographic Exposure	Total %
North America	43.3%
Europe	18.1%
Asia Pac (ex-Japan)	14.2%
UK	8.7%
Fixed Income	7.5%
Japan	3.0%
Eastern Europe	1.0%
Cash	4.2%
Total	100.0%

Gearing Ratio as calculated in accordance with the guidelines of the Association of Investment Companies, was 1.2%.

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.

 

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