Top Fifteen Equity Holdings and Exposures

RNS Number : 2315K

Polar Capital Global Financials Tst

05 July 2017

 

5^th July 2017

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

Top Fifteen Holdings and Sector and Geographic Exposures as at 30^th June 2017 and full Portfolio listing as at 31^st May 2017 available from the Company's website.

Polar Capital Global Financials Trust Plc is pleased to announce that as at 30^th June 2017 the top fifteen equity holdings and the sector and geographic breakdown were as follows:               

Top 15 Longs	%
JPMorgan	4.2%
ING Groep	3.5%
Bank of America	3.0%
Wells Fargo	2.9%
Chubb	2.9%
Citigroup	2.5%
BNP Paribas	2.5%
Swedbank	2.1%
KBC Groep	2.1%
Marsh & McLennan	2.0%
Sampo	1.9%
First Republic Bank	1.9%
PNC	1.9%
Toronto-Dominion	1.8%
Mastercard	1.7%
Total	36.9%

Sector Exposure	Total %
Banks	60.2%
Insurance	12.1%
Diversified Financials	9.5%
Fixed Income	7.4%
Real Estate	3.5%
Software & Services	1.7%
Cash	5.6%
Total	100.0%

Geographic Exposure	Total %
North America	36.6%
Europe	24.1%
Asia Pac (ex-Japan)	14.0%
UK	9.6%
Fixed Income	7.4%
Japan	1.6%
Latin America	0.7%
Cash	5.6%
Total	100.0%

Gearing Ratio as calculated in accordance with the guidelines of the Association of Investment Companies, was 1.0%.

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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