Polar Capital Global Financials Tst Top Fifteen Equity Holdings and Exposures (9776I)

TIDMPCFT

RNS Number : 9776I

Polar Capital Global Financials Tst

06 April 2020

6(th) April 2020

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

Top Fifteen Holdings and Sector and Geographic Exposures as at 31(st) March 2020 and full portfolio listing as at 28th February available from company's website

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

 
Top 15 Longs           % 
JPMorgan            5.7% 
Mastercard          4.1% 
Bank of America     3.6% 
Chubb               3.3% 
Arch Capital        2.9% 
AIA Group           2.7% 
Toronto-Dominion    2.7% 
Marsh & McLennan    2.5% 
PayPal Holdings     2.4% 
Allianz             2.3% 
HDFC Bank           2.1% 
Blackstone          2.0% 
E.Sun Financial     2.0% 
KBC Groep           1.9% 
PNC                 1.8% 
Total              41.9% 
 
 
Sector Exposure          Total % 
Banks                      48.6% 
Insurance                  20.2% 
Diversified Financials      8.5% 
Software & Services         7.6% 
Fixed Income                6.1% 
Real Estate                 2.9% 
Cash                        6.2% 
Total                     100.0% 
 
 
Geographic Exposure   Total % 
North America           44.8% 
Asia Pac (ex-Japan)     18.1% 
Europe                  14.3% 
UK                       7.4% 
Fixed Income             6.1% 
Latin America            1.3% 
Japan                    1.0% 
Eastern Europe           0.8% 
Cash                     6.2% 
Total                  100.0% 
 

Gearing Ratio as calculated in accordance with the guidelines of the Association of Investment Companies, was 4.2%.

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 .

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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April 07, 2020 02:00 ET (06:00 GMT)