Trust Facts

Share Price 137.00p
NAV per share 143.01p
Discount -4.20%
Capital 202,775,000 shares of 5p

Assets & Gearing

Total Net Assets £290.0m
AIC Gearing Ratio 1.21%
AIC Net Cash Ratio 0.00%
Historic Yield (%) 3.03
Total Number of Positions 70

Top 15 Positions (%)

JPMorgan 5.5
Bank of America 3.9
Mastercard 3.2
Chubb 3.0
Citigroup 2.4
Arch Capital 2.3
Sumitomo Mitsui Financial 2.2
Marsh & McLennan 2.1
Toronto-Dominion 2.1
Citizens Financial Group 2.1
KBC Groep 2.1
US Bancorp 2.0
PNC 2.0
Wells Fargo 1.9
AIA Group 1.8

Market Capitalisation Exposure (%)

Large (greater than US$ 5bn) 80.6
Medium (US$ 0.5bn - 5bn) 16.3
Small (less than US$ 0.5bn) 3.1

Sector Exposure (%)

Banks 59.4
Insurance 13.9
Diversified Financials 7.6
Fixed Income 7.5
Real Estate 3.8
Software & Services 3.6
Cash 4.2

Geographic Exposure (%)

North America 43.3
Europe 18.1
Asia Pac (ex-Japan) 14.2
UK 8.7
Fixed Income 7.5
Japan 3.0
Eastern Europe 1.0
Cash 4.2

Source: Polar Capital. Data as at 30 April 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.