Top Fifteen Holdings and Exposures

RNS Number : 9925N

Polar Capital Global Financials Tst

03 February 2016

 

3^rd February 2016

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

Top 15 Holdings and Sector and Geographic Exposures as at 29-January-16

Polar Capital Global Financials Trust Plc is pleased to announce that as at 29^th January 2016 the top 15 equity holdings and the sector and geographic breakdown were as follows:

Top 15 Longs	%
JPMorgan	3.3%
ING Groep	3.0%
Chubb	2.8%
Wells Fargo	2.8%
BNP Paribas	2.4%
Sampo	2.3%
Sumitomo Mitsui Financial	2.2%
Bank of America	2.2%
Société Générale	2.2%
Direct Line Insurance	1.9%
Citigroup	1.8%
First Republic Bank	1.8%
Fortune Real Estate Investment	1.8%
Marsh & McLennan	1.7%
Toronto-Dominion	1.7%
Total	33.9%

Sector Exposure	Total %
Banks	55.7%
Diversified Financials	14.2%
Insurance	13.1%
Fixed Income	10.1%
Real Estate	5.1%
Cash	1.8%
Total	100.0%

Geographic Exposure	Total %
Europe	30.6%
North America	30.5%
UK	11.6%
Asia Pac (ex-Japan)	11.1%
Fixed Income	10.0%
Japan	2.2%
Eastern Europe	1.6%
Latin America	0.6%
Cash	1.8%
Total	100.0%

Gearing Ratio as calculated in accordance with the guidelines of the Association of Investment Companies, was 6.3%.

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.

 

END

 

 

MSCLLFVEFRIVIIR