Top Fifteen Equity Holdings and Exposures

RNS Number : 0563N

Polar Capital Global Financials Tst

14 January 2019

 

14^th January 2019

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

Top Fifteen Holdings and Sector and Geographic Exposures as at 31^st December 2018 and full portfolio listing as at 30^th November 2018 available from the company's website

Polar Capital Global Financials Trust Plc is pleased to announce that as at 31^st December 2018 the top fifteen equity holdings and the sector and geographic breakdown were as follows:

Top 15 Longs	%
JPMorgan	5.4%
Bank of America	3.9%
Chubb	3.1%
Mastercard	2.7%
Wells Fargo	2.4%
Sumitomo Mitsui Financial	2.4%
Citigroup	2.3%
Oversea-Chinese Banking Corp L	2.2%
PNC	2.1%
Arch Capital	2.1%
Toronto-Dominion	2.1%
KBC Groep	2.1%
Marsh & McLennan	2.0%
Swedbank	2.0%
Sampo	2.0%
Total	38.7%

Sector Exposure	Total %
Banks	61.8%
Insurance	12.9%
Diversified Financials	7.8%
Fixed Income	7.6%
Real Estate	3.8%
Software & Services	2.7%
Cash	3.3%
Total	100.0%

Geographic Exposure	Total %
North America	40.9%
Europe	20.4%
Asia Pac (ex-Japan)	15.2%
UK	8.3%
Fixed Income	7.6%
Japan	3.2%
Eastern Europe	1.0%
Cash	3.3%
Total	100.0%

Gearing Ratio as calculated in accordance with the guidelines of the Association of Investment Companies, was 2.3%.

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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