Top Fifteen Equity Holdings and Exposures

RNS Number : 9980O

Polar Capital Global Financials Tst

07 October 2019

 

7^th October 2019

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

Top Fifteen Holdings and Sector and Geographic Exposures as at 30^th September 2019 and full portfolio listing as at 30^th August available from company's website.

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

Top 15 Longs	%
JPMorgan	6.0%
Bank of America	4.0%
Chubb	3.6%
Mastercard	3.5%
Arch Capital	3.3%
Citizens Financial Group	2.6%
Wells Fargo	2.5%
Toronto-Dominion	2.4%
Marsh & McLennan	2.4%
US Bancorp	2.3%
PNC	2.3%
AIA Group	2.2%
Citigroup	2.1%
HDFC Bank	2.0%
KBC Groep	1.9%
Total	43.2%

Sector Exposure	Total %
Banks	57.1%
Insurance	16.9%
Fixed Income	7.2%
Diversified Financials	7.2%
Software & Services	4.5%
Real Estate	4.2%
Cash	2.9%
Total	100.0%

Geographic Exposure	Total %
North America	49.1%
Europe	16.3%
Asia Pac (ex-Japan)	15.3%
Fixed Income	7.2%
UK	7.1%
Japan	1.4%
Eastern Europe	0.8%
Cash	2.9%
Total	100.0%

Net Cash Ratio as calculated in accordance with the guidelines of the Association of Investment Companies, was 0.5%.

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.

 

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