Trust Facts

Share Price 140.00p
NAV per share 146.99p
Discount -4.76%
Capital 202,775,000 shares of 5p

Assets & Gearing

Total Net Assets £298.1m
AIC Gearing Ratio 0.00%
AIC Net Cash Ratio 0.48%
Historic Yield (%) 3.07
Total Number of Positions 65

Top 15 Positions (%)

JPMorgan 6.0
Bank of America 4.0
Chubb 3.6
Mastercard 3.5
Arch Capital 3.3
Citizens Financial Group 2.6
Wells Fargo 2.5
Toronto-Dominion 2.4
Marsh & McLennan 2.4
US Bancorp 2.3
PNC 2.3
AIA Group 2.2
Citigroup 2.1
HDFC Bank 2.0
KBC Groep 1.9

Market Capitalisation Exposure (%)

Large (greater than US$ 5bn) 83.7
Medium (US$ 0.5bn - 5bn) 12.9
Small (less than US$ 0.5bn) 3.5

Sector Exposure (%)

Banks 57.1
Insurance 16.9
Fixed Income 7.2
Diversified Financials 7.2
Software & Services 4.5
Real Estate 4.2
Cash 2.9

Geographic Exposure (%)

North America 49.1
Europe 16.3
Asia Pac (ex-Japan) 15.3
Fixed Income 7.2
UK 7.1
Japan 1.4
Eastern Europe 0.8
Cash 2.9

Source: Polar Capital. Data as at 30 September 2019. Note: Totals may not sum due to rounding.

It should not be assumed that recommendations made in future will be profitable or will equal performance of the securities in this document. A list of all recommendations made within the immediately preceding 12 months is available upon request.

Gearing calculations are exclusive of current year revenue.