Top Ten Equity Holdings and Exposures

Polar Capital Global Health Tst PLC

03 May 2024

 

3^rd May 2024

Polar Capital Global Healthcare Trust plc (the "Company")

Top Ten Equity Holdings and Sector and Geographic Exposure as at 30^th April 2024 full Portfolio listing as at 28^th March 2024 available from company's website.

Polar Capital Global Healthcare Trust plc is pleased to announce that as at 30^th April 2024 the top ten equity holdings and the sector and geographic breakdown were as follows:

Top 10 Holdings	%
UnitedHealth Group	7.8%
Eli Lilly & Co	7.3%
Zealand Pharma A/S	5.4%
Elevance Health	5.3%
AbbVie	5.3%
Novartis	4.7%
UCB	4.0%
Amgen	4.0%
Sanofi	3.7%
Intuitive Surgical	3.6%
Total	51.2%

Sector Exposure	%
Biotechnology	27.9%
Pharmaceuticals	24.3%
Healthcare Equipment	17.5%
Managed Healthcare	13.1%
Life Sciences Tools & Services	9.5%
Healthcare Supplies	4.7%
Healthcare Facilities	4.6%
Metal, Glass & Plastic Containers	2.5%
Healthcare Technology	1.2%
Healthcare Distributors	0.9%
Healthcare Services	0.0%
Cash	-6.3%
Total	100.0%

Geographic Exposure	%
United States	57.8%
Switzerland	9.5%
France	7.0%
Denmark	5.4%
Japan	4.3%
United Kingdom	4.0%
Belgium	4.0%
Ireland	3.9%
Sweden	3.3%
Australia	3.1%
Netherlands	1.8%
India	1.5%
Canada	0.7%
Cash	-6.3%
Total	100.0%

Gearing Ratio as calculated in accordance with the guidelines of the Association of Investment Companies, was 6.5%. Gearing is made up of structural debt provided by the subsidiary company PCGH ZDP plc, through the issue of zero dividend preference (ZDP) shares.

The ZDP asset cover as of 30^th April 2024 was 12.83x. This ratio is calculated by dividing the Company's net asset value, adjusted to add back the current value of the structural debt, by the final redemption value of the ZDP shares.

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.  www.Polarcapitalhealthcaretrust.com

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