Top Fifteen Equity Holdings and Sector Exposures

RNS Number : 6024S

Polar Capital Global Financials Tst

03 October 2017

 

3^rd October 2017

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

Top Fifteen Holdings and Sector and Geographic Exposures as at 29^th September 2017 and full Portfolio listing as at 31^st August available from Company's website.

Polar Capital Global Financials Trust Plc is pleased to announce that as at 29^th September 2017 the top fifteen equity holdings and the sector and geographic breakdown were as follows:  

Top 15 Longs	%
JPMorgan	4.4%
ING Groep	3.4%
Bank of America	3.1%
Wells Fargo	2.9%
Chubb	2.8%
BNP Paribas	2.8%
Citigroup	2.7%
Swedbank	2.4%
Marsh & McLennan	2.1%
PNC	2.1%
KBC Groep	2.0%
First Republic Bank	2.0%
Sampo	2.0%
Toronto-Dominion	2.0%
Mastercard	1.9%
Total	38.5%

Sector Exposure	Total %
Banks	62.6%
Insurance	12.0%
Diversified Financials	10.1%
Fixed Income	7.3%
Real Estate	3.4%
Software & Services	1.9%
Cash	2.7%
Total	100.0%

Geographic Exposure	Total %
North America	38.2%
Europe	26.6%
Asia Pac (ex-Japan)	13.4%
UK	9.3%
Fixed Income	7.3%
Japan	1.6%
Latin America	0.6%
Eastern Europe	0.4%
Cash	2.7%
Total	100.0%

Gearing Ratio as calculated in accordance with the guidelines of the Association of Investment Companies, was 0.80%.

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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