Polar Capital Global Financials Tst Top Fifteen Equity Holdings and Exposures (3160D)

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RNS Number : 3160D

Polar Capital Global Financials Tst

08 October 2018

8(th) October 2018

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

Top Fifteen Holdings and Sector and Geographic Exposures as at 28(th) September 2018 and full Portfolio listing as at 31(st) August available from Company's website

Polar Capital Global Financials Trust Plc is pleased to announce that as at 28(th) September 2018 the top fifteen equity holdings and the sector and geographic breakdown were as follows:

 
Top 15 Longs                    % 
JPMorgan                     5.4% 
Bank of America              4.1% 
Mastercard                   3.2% 
Wells Fargo                  3.0% 
Citigroup                    2.8% 
Chubb                        2.8% 
Sumitomo Mitsui Financial    2.5% 
Toronto-Dominion             2.2% 
Marsh & McLennan             2.2% 
PNC                          2.2% 
KBC Groep                    2.1% 
Arch Capital                 2.1% 
Sampo                        2.0% 
US Bancorp                   2.0% 
Swedbank                     1.9% 
Total                       40.5% 
 
 
Sector Exposure          Total % 
Banks                      63.6% 
Insurance                  11.7% 
Diversified Financials      8.2% 
Fixed Income                6.3% 
Real Estate                 3.3% 
Software & Services         3.2% 
Cash                        3.7% 
Total                     100.0% 
 
 
Geographic Exposure   Total % 
North America           44.1% 
Europe                  20.7% 
Asia Pac (ex-Japan)     12.4% 
UK                       8.3% 
Fixed Income             6.3% 
Japan                    3.4% 
Eastern Europe           1.1% 
Cash                     3.7% 
Total                  100.0% 
 

Gearing Ratio as calculated in accordance with the guidelines of the Association of Investment Companies, was 1.5%.

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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October 08, 2018 09:14 ET (13:14 GMT)