Polar Capital Global Health Tst PLC Top Ten Equity Holdings and Exposures

RNS Number : 2323J

Polar Capital Global Health Tst PLC

03 April 2024

 

3^rd April 2024

 

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

 

Top Ten Equity Holdings and Sector and Geographic Exposure as at 28^th March 2024 full Portfolio listing as at 29^th February 2024 available from company's website.

 

Polar Capital Global Healthcare Trust plc is pleased to announce that as at 28^th March 2024 the top ten equity holdings and the sector and geographic breakdown were as follows:

 

Top 10 Holdings	%
Eli Lilly & Co	8.5%
UnitedHealth Group	6.4%
Zealand Pharma A/S	5.6%
AbbVie	5.6%
Intuitive Surgical	4.7%
Novartis	4.5%
UCB	4.1%
Sanofi	3.9%
Elevance Health	3.6%
Becton Dickinson	3.6%
Total	50.5%

 

Sector Exposure	%
Pharmaceuticals	27.2%
Biotechnology	25.5%
Healthcare Equipment	19.0%
Managed Healthcare	11.5%
Healthcare Supplies	8.8%
Life Sciences Tools & Services	7.3%
Healthcare Facilities	4.5%
Metal, Glass & Plastic Containers	2.3%
Healthcare Technology	1.4%
Healthcare Distributors	0.9%
Healthcare Services	0.0%
Cash	-8.4%
Total	100.0%

 

Geographic Exposure	%
United States	56.5%
Switzerland	11.8%
Denmark	7.8%
France	7.0%
Japan	4.6%
Belgium	4.1%
United Kingdom	4.0%
Australia	3.0%
Sweden	3.0%
Ireland	2.9%
Netherlands	1.8%
India	1.3%
Canada	0.7%
Cash	-8.4%
Total	100.0%

 

 

 

Gearing Ratio as calculated in accordance with the guidelines of the Association of Investment Companies, was 8.4%. 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 28^th March 2024 was 13.32x. 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.

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