Top Fifteen Holdings & Exposures

RNS Number : 7846K

Polar Capital Global Financials Tst

04 January 2016

 



4^th January 2016

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

Top 15 Holdings and Sector and Geographic Exposures as at 31-December-15 and full Portfolio listing as at 30-Nov-15 available from the company's website

Polar Capital Global Financials Trust Plc is pleased to announce that as at 31^th December 2015 the top 15 equity holdings and the sector and geographic breakdown were as follows:

Top 15 Longs	%
JPMorgan	3.2%
ING Groep	2.9%
Wells Fargo	2.8%
ACE	2.7%
Société Générale	2.4%
Sumitomo Mitsui Financial	2.3%
Sampo	2.3%
BNP Paribas	2.2%
Citigroup	2.1%
Bank of America	2.0%
PNC	2.0%
Direct Line Insurance	2.0%
OneSavings Bank	1.9%
Credit Suisse	1.9%
Azimut Holding	1.8%
Total	34.6%

Sector Exposure	Total %
Banks	58.3%
Diversified Financials	13.5%
Insurance	13.2%
Fixed Income	9.7%
Real Estate	4.7%
Cash	0.6%
Total	100.0%

Geographic Exposure	Total %
Europe	32.1%
North America	30.1%
UK	12.0%
Asia Pac (ex-Japan)	11.1%
Fixed Income	9.7%
Japan	2.3%
Eastern Europe	1.5%
Latin America	0.5%
Cash	0.6%
Total	100.0%

Gearing Ratio as calculated in accordance with the guidelines of the Association of Investment Companies, was 4.6%.

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

 

 

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