Top Fifteen Equity Holdings and Exposures

RNS Number : 1229C

Polar Capital Global Financials Tst

05 February 2020

 

5^th February 2020

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

Top Fifteen Holdings and Sector and Geographic Exposures as at 31^st January 2020

Polar Capital Global Financials Trust Plc is pleased to announce that as at 31^st January 2020 the top fifteen equity holdings and the sector and geographic breakdown were as follows:  

Top 15 Longs	%
JPMorgan	5.8%
Bank of America	4.0%
Mastercard	3.6%
Arch Capital	3.1%
Chubb	3.1%
Citizens Financial Group	2.5%
Toronto-Dominion	2.4%
AIA Group	2.2%
Marsh & McLennan	2.2%
KBC Groep	2.1%
Citigroup	2.1%
HDFC Bank	2.1%
PNC	2.1%
US Bancorp	2.0%
Blackstone	1.9%
Total	41.2%

Sector Exposure	Total %
Banks	59.9%
Insurance	15.8%
Diversified Financials	7.3%
Fixed Income	6.2%
Software & Services	5.1%
Real Estate	3.3%
Cash	2.5%
Total	100.0%

Geographic Exposure	Total %
North America	47.7%
Asia Pac (ex-Japan)	16.0%
Europe	15.7%
UK	7.7%
Fixed Income	6.2%
Latin America	1.9%
Japan	1.3%
Eastern Europe	0.9%
Cash	2.5%
Total	100.0%

Gearing Ratio as calculated in accordance with the guidelines of the Association of Investment Companies, was 5.0%.

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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