Top Fifteen Equity Holdings and Exposures

RNS Number : 3160D

Polar Capital Global Financials Tst

08 October 2018

 

8^th October 2018

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

Top Fifteen Holdings and Sector and Geographic Exposures as at 28^th September 2018 and full Portfolio listing as at 31^st August available from Company's website

Polar Capital Global Financials Trust Plc is pleased to announce that as at 28^th September 2018 the top fifteen equity holdings and the sector and geographic breakdown were as follows:  

Top 15 Longs	%
JPMorgan	5.4%
Bank of America	4.1%
Mastercard	3.2%
Wells Fargo	3.0%
Citigroup	2.8%
Chubb	2.8%
Sumitomo Mitsui Financial	2.5%
Toronto-Dominion	2.2%
Marsh & McLennan	2.2%
PNC	2.2%
KBC Groep	2.1%
Arch Capital	2.1%
Sampo	2.0%
US Bancorp	2.0%
Swedbank	1.9%
Total	40.5%

Sector Exposure	Total %
Banks	63.6%
Insurance	11.7%
Diversified Financials	8.2%
Fixed Income	6.3%
Real Estate	3.3%
Software & Services	3.2%
Cash	3.7%
Total	100.0%

Geographic Exposure	Total %
North America	44.1%
Europe	20.7%
Asia Pac (ex-Japan)	12.4%
UK	8.3%
Fixed Income	6.3%
Japan	3.4%
Eastern Europe	1.1%
Cash	3.7%
Total	100.0%

Gearing Ratio as calculated in accordance with the guidelines of the Association of Investment Companies, was 1.5%.

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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