Top Fifteen Equity Holdings and Exposures

RNS Number : 6966V

Polar Capital Global Financials Tst

04 December 2019

 

4^th December 2019

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

Top Fifteen Holdings and Sector and Geographic Exposures as at 29^th November 2019

Polar Capital Global Financials Trust Plc is pleased to announce that as at 29^th November 2019 the top fifteen equity holdings and the sector and geographic breakdown were as follows:  

Top 15 Longs	%
JPMorgan	6.4%
Bank of America	4.4%
Mastercard	3.5%
Chubb	3.2%
Arch Capital	3.1%
Citizens Financial Group	2.7%
US Bancorp	2.5%
Wells Fargo	2.5%
PNC	2.5%
Marsh & McLennan	2.4%
AIA Group	2.3%
Toronto-Dominion	2.3%
HDFC Bank	2.3%
KBC Groep	2.2%
Citigroup	2.2%
Total	44.5%

Sector Exposure	Total %
Banks	62.6%
Insurance	16.1%
Fixed Income	7.0%
Diversified Financials	6.9%
Software & Services	4.5%
Real Estate	3.9%
Cash	-0.9%
Total	100.0%

Geographic Exposure	Total %
North America	50.6%
Asia Pac (ex-Japan)	16.3%
Europe	15.8%
UK	8.0%
Fixed Income	7.0%
Latin America	1.6%
Japan	1.4%
Eastern Europe	0.2%
Cash	-0.9%
Total	100.0%

Gearing Ratio as calculated in accordance with the guidelines of the Association of Investment Companies, was 4.3%.

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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