Top Fifteen Holdings and Exposures

RNS Number : 8532I

Polar Capital Global Financials Tst

02 September 2016

 

2^nd September 2016

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

Top Fifteen Holdings and Sector and Geographic Exposures as at 31^st August 2016

Polar Capital Global Financials Trust Plc is pleased to announce that as at 31^st August 2016 the top fifteen equity holdings and the sector and geographic breakdown were as follows:

Top 15 Longs	%
JPMorgan	3.7%
Chubb	3.1%
Wells Fargo	3.0%
ING Groep	3.0%
Bank of America	2.4%
Swedbank	2.3%
Marsh & McLennan	2.1%
Sumitomo Mitsui Financial	2.0%
Fortune Real Estate Investment	2.0%
First Republic Bank	2.0%
BNP Paribas	2.0%
Citigroup	2.0%
Sampo	2.0%
KBC Groep	2.0%
Toronto-Dominion	1.9%
Total	35.7%

Sector Exposure	Total %
Banks	56.7%
Diversified Financials	15.0%
Insurance	12.6%
Fixed Income	8.8%
Real Estate	6.1%
Software & Services	1.1%
Cash	-0.3%
Total	100.0%

Geographic Exposure	Total %
North America	36.6%
Europe	25.6%
Asia Pac (ex-Japan)	15.2%
UK	11.2%
Fixed Income	8.8%
Japan	2.0%
Latin America	0.8%
Cash	-0.3%
Total	100.0%

Gearing Ratio as calculated in accordance with the guidelines of the Association of Investment Companies, was 6.5%.

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

 

 

MSCLLFIVAAIFIIR