Last checked at 5 Feb 2024 14:44
5th February 2024
Polar Capital Global Financials Trust Plc (the "Company")
Top Fifteen Holdings and Sector and Geographic Exposures as at 31st January 2024.
Polar Capital Global Financials Trust Plc is pleased to announce that as at 31st January 2024 the top fifteen equity holdings and the sector and geographic breakdown were as follows:
Top 15 Longs | % |
JPMorgan | 6.4% |
Mastercard | 5.4% |
Visa | 4.1% |
Chubb | 3.6% |
Berkshire Hathaway | 3.3% |
Wells Fargo | 2.7% |
Citigroup | 2.3% |
Munich Re | 2.3% |
Marsh McLennan | 2.2% |
S&P Global | 2.0% |
BNP Paribas | 2.0% |
AIB Group | 1.8% |
Intercontinental Exchange | 1.7% |
Goldman Sachs Group | 1.7% |
Arch Capital | 1.7% |
Total | 43.0% |
Sector Exposure | Total % |
Financial Services | 36.8% |
Banks | 35.9% |
Insurance | 18.8% |
Fixed Income | 8.5% |
Cash | 0.00% |
Total | 100.00% |
Geographic Exposure | Total % |
North America | 47.8% |
Europe | 16.8% |
Asia Pac (ex-Japan) | 11.1% |
UK | 10.1% |
Fixed Income | 8.5% |
Japan | 3.2% |
Latin America | 2.5% |
Cash | 0.0% |
Total | 100.00% |
Gearing Ratio as calculated in accordance with the guidelines of the Association of Investment Companies, was 5.9%.
The monthly factsheet will usually be available on the Company's website on the 10th 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.