Top Fifteen Equity Holdings and Exposures

RNS Number : 5137S

Polar Capital Global Financials Tst

11 March 2019

 

11^th March 2019

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

Top Fifteen Holdings and Sector and Geographic Exposures as at 28^th February 2019  

Polar Capital Global Financials Trust Plc is pleased to announce that as at 28^th February 2019 the top fifteen equity holdings and the sector and geographic breakdown were as follows:

Top 15 Longs	%
JPMorgan	5.3%
Bank of America	3.9%
Mastercard	2.9%
Chubb	2.9%
Citigroup	2.4%
Arch Capital	2.4%
Sumitomo Mitsui Financial	2.3%
Citizens Financial Group	2.3%
Toronto-Dominion	2.2%
Marsh & McLennan	2.2%
KBC Groep	2.2%
Wells Fargo	2.0%
US Bancorp	2.0%
PNC	2.0%
Sampo	2.0%
Total	38.8%

Sector Exposure	Total %
Banks	61.6%
Insurance	14.0%
Diversified Financials	7.9%
Fixed Income	7.8%
Real Estate	3.7%
Software & Services	2.9%
Cash	2.1%
Total	100.0%

Geographic Exposure	Total %
North America	43.8%
Europe	19.1%
Asia Pac (ex-Japan)	14.0%
UK	9.1%
Fixed Income	7.8%
Japan	3.1%
Eastern Europe	1.0%
Cash	2.1%
Total	100.0%

Gearing Ratio as calculated in accordance with the guidelines of the Association of Investment Companies, was 3.4%.

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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