Top Fifteen Equity Holdings and Exposures

RNS Number : 3636B

Polar Capital Global Financials Tst

07 October 2020

 

2^nd October 2020

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

Top Fifteen Holdings and Sector and Geographic Exposures as at 30^th September 2020 and full portfolio listing as at 31st August available from company's website

Polar Capital Global Financials Trust Plc is pleased to announce that as at 30^th September 2020 the top fifteen equity holdings and the sector and geographic breakdown were as follows: 

Top 15 Longs	%
JPMorgan	5.2%
Mastercard	4.5%
Bank of America	3.4%
PayPal Holdings	2.9%
Marsh & McLennan	2.5%
HDFC Bank	2.5%
Toronto-Dominion	2.4%
AIA Group	2.3%
Chubb	2.2%
PNC	2.0%
Berkshire Hathaway	2.0%
E.Sun Financial	1.9%
Bank Central Asia Tbk	1.9%
Blackstone	1.8%
Citizens Financial Group	1.8%
Total	39.5%

Sector Exposure	Total %
Banks	48.6%
Insurance	19.8%
Diversified Financials	13.9%
Software & Services	8.6%
Fixed Income	7.7%
Real Estate	1.5%
Cash	-0.1%
Total	100.0%

Geographic Exposure	Total %
North America	49.2%
Asia Pac (ex-Japan)	20.4%
Europe	13.5%
Fixed Income	7.7%
UK	7.0%
Latin America	1.3%
Japan	0.9%
Cash	-0.1%
Total	100.0%

Gearing Ratio as calculated in accordance with the guidelines of the Association of Investment Companies, was 10.1%.

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 .

 

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