Trust Facts

Share Price142.00p
NAV per share140.40p
Premium1.14%
Capital123,900,000 shares of 5p

Assets & Gearing

Total Net Assets£175.5m
AIC Gearing Ratio11.10%
AIC Net Cash Ration/a
Historic Yield (%)3.10
Total Number of Positions77

Top 15 Positions (%)

JPMorgan4.9
Bank of America3.1
HDFC Bank2.7
Mastercard2.7
AIA Group2.6
Chubb2.4
PayPal Holdings2.3
Bank Central Asia Tbk2.2
Housing Development Finance2.0
PNC2.0
Arch Capital1.9
Citizens Financial Group1.8
Signature Bank1.8
Toronto-Dominion1.8
Ping An Insurance1.8

Market Capitalisation Exposure (%)

Large (greater than US$ 5bn) 85.2
Medium (US$ 0.5bn - 5bn) 12.3
Small (less than US$ 0.5bn) 2.5

Sector Exposure (%)

Banks54.2
Insurance18.3
Diversified Financials12.8
Software & Services6.9
Fixed Income5.5
Real Estate0.8
Cash1.4

Geographic Exposure (%)

North America42.7
Asia Pac (ex-Japan)26.1
Europe14.6
UK7.2
Fixed Income5.5
Latin America2.2
Japan0.2
Cash1.4

Source: Polar Capital. Data as at 31 December 2020. 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.