REG - Polar Cap Glb Health PCGH ZDP PLC - Top Ten Equity Holdings and Exposures

Polar Capital Global Healthcare TrustAnnouncement

02/02/2024 17:45

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RNS Number : 9310B  Polar Capital Global Health Tst PLC  02 February 2024

2(nd) February 2024

 

Polar Capital Global Healthcare Trust plc (the "Company")

 

Top Ten Equity Holdings and Sector and Geographic Exposure as at 31(st)
January 2024 full Portfolio listing as at 29(th) December 2023 available from
company's website.

 

Polar Capital Global Healthcare Trust plc is pleased to announce that as at
31(st) January 2024 the top ten equity holdings and the sector and geographic
breakdown were as follows:

 

 Top 10 Holdings                    %
 Eli Lilly & Co                     7.6%
 AbbVie                             5.6%
 Zealand Pharma A/S                 5.5%
 Elevance Health                    5.2%
 Novartis                           4.8%
 Abbott Laboratories                4.4%
 Becton Dickinson                   3.8%
 Intuitive Surgical                 3.7%
 Swedish Orphan Biovitrum           3.2%
 Zimmer Biomet Holdings             3.0%
 Total                              46.6%

 

 Sector Exposure                        %
 Biotechnology                          25.4%
 Healthcare Equipment                   24.1%
 Pharmaceuticals                        18.9%
 Life Sciences Tools & Services         10.1%
 Healthcare Supplies                    9.1%
 Managed Healthcare                     8.0%
 Healthcare Facilities                  8.0%
 Metal, Glass & Plastic Containers      2.0%
 Healthcare Technology                  1.5%
 Healthcare Distributors                0.9%
 Healthcare Services                    0.0%
 Cash                                   -7.9%
 Total                                  100.0%

 

 Geographic Exposure  %
 United States        60.6%
 Switzerland          10.8%
 Denmark              7.8%
 France               5.3%
 Japan                4.5%
 United Kingdom       4.1%
 Ireland              3.4%
 Sweden               3.2%
 Australia            2.3%
 Belgium              2.2%
 Netherlands          1.9%
 India                1.2%
 Canada               0.8%
 Cash                 -7.9%
 Total                100.0%

 

 

 

Gearing Ratio as calculated in accordance with the guidelines of the
Association of Investment Companies, was 7.9%. Gearing is made up of
structural debt provided by the subsidiary company PCGH ZDP plc, through the
issue of zero dividend preference (ZDP) shares.

 

The ZDP asset cover as of 31(st) January 2024 was 12.28x. This ratio is
calculated by dividing the Company's net asset value, adjusted to add back the
current value of the structural debt, by the final redemption value of the
ZDP shares.

 

 

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.  www.Polarcapitalhealthcaretrust.co
(http://www.Polarcapitalhealthcaretrust.com) m
(http://www.Polarcapitalhealthcaretrust.com)

 

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.

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