Top Fifteen Equity Holdings and Exposures

RNS Number : 1684G

Polar Capital Global Financials Tst

03 August 2016

 

3^rd August 2016

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

Top Fifteen Holdings and Sector and Geographic Exposures as at 29^th July 2016

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

Top 15 Longs	%
JPMorgan	3.6%
Chubb	3.2%
Wells Fargo	3.0%
ING Groep	2.7%
Fortune Real Estate Investment	2.3%
Bank of America	2.3%
Swedbank	2.2%
Sumitomo Mitsui Financial	2.2%
Marsh & McLennan	2.1%
BNP Paribas	2.0%
Sampo	2.0%
Toronto-Dominion	2.0%
First Republic Bank	1.9%
Discover Financial Services	1.9%
Citigroup	1.9%
Total	35.3%

Sector Exposure	Total %
Banks	54.3%
Diversified Financials	15.1%
Insurance	12.8%
Fixed Income	8.8%
Real Estate	6.3%
Software & Services	0.9%
Cash	1.6%
Total	100.0%

Geographic Exposure	Total %
North America	35.3%
Europe	25.1%
Asia Pac (ex-Japan)	14.9%
UK	9.3%
Fixed Income	8.8%
Japan	2.2%
Eastern Europe	1.8%
Latin America	0.9%
Cash	1.6%
Total	100.0%

Gearing Ratio as calculated in accordance with the guidelines of the Association of Investment Companies, was 4.8%.

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

 

 

MSCUOSORNNAWRAR