Top Fifteen Equity Holdings and Exposures

Polar Capital Global Financials Tst

04 June 2024

 

4^th June 2024

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

Top Fifteen Holdings and Sector and Geographic Exposures as at 31^st May 2024.

Polar Capital Global Financials Trust Plc is pleased to announce that as at 31^st May 2024 the top fifteen equity holdings and the sector and geographic breakdown were as follows:        

Top 15 Longs	%
JPMorgan	6.4%
Mastercard	4.8%
Chubb	3.8%
Wells Fargo	2.8%
Visa	2.6%
UniCredit	2.6%
Barclays	2.5%
Goldman Sachs Group	2.3%
Citigroup	2.2%
Marsh McLennan	2.2%
Munich Re	2.1%
Intermediate Capital Group	2.0%
Arch Capital	2.0%
ICICI Bank	1.9%
Berkshire Hathaway	1.9%
Total	42.1%

Sector Exposure	Total %
Financial Services	36.4%
Banks	34.8%
Insurance	21.8%
Fixed Income	7.0%
Cash	0.0%
Total	100.00%

Geographic Exposure	Total %
North America	45.5%
Europe	17.2%
UK	14.4%
Asia Pac (ex-Japan)	8.3%
Fixed Income	7.0%
Japan	5.3%
Latin America	2.2%
Cash	0.0%
Total	100.00%

Gearing Ratio as calculated in accordance with the guidelines of the Association of Investment Companies, was 1.9%.

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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