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

Polar Capital Global Healthcare TrustAnnouncement

03/04/2024 18:30

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RNS Number : 2323J  Polar Capital Global Health Tst PLC  03 April 2024

3(rd) April 2024

 

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

 

Top Ten Equity Holdings and Sector and Geographic Exposure as at 28(th) March
2024 full Portfolio listing as at 29(th) February 2024 available from
company's website.

 

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

 

 Top 10 Holdings                    %
 Eli Lilly & Co                     8.5%
 UnitedHealth Group                 6.4%
 Zealand Pharma A/S                 5.6%
 AbbVie                             5.6%
 Intuitive Surgical                 4.7%
 Novartis                           4.5%
 UCB                                4.1%
 Sanofi                             3.9%
 Elevance Health                    3.6%
 Becton Dickinson                   3.6%
 Total                              50.5%

 

 Sector Exposure                        %
 Pharmaceuticals                        27.2%
 Biotechnology                          25.5%
 Healthcare Equipment                   19.0%
 Managed Healthcare                     11.5%
 Healthcare Supplies                    8.8%
 Life Sciences Tools & Services         7.3%
 Healthcare Facilities                  4.5%
 Metal, Glass & Plastic Containers      2.3%
 Healthcare Technology                  1.4%
 Healthcare Distributors                0.9%
 Healthcare Services                    0.0%
 Cash                                   -8.4%
 Total                                  100.0%

 

 Geographic Exposure  %
 United States        56.5%
 Switzerland          11.8%
 Denmark              7.8%
 France               7.0%
 Japan                4.6%
 Belgium              4.1%
 United Kingdom       4.0%
 Australia            3.0%
 Sweden               3.0%
 Ireland              2.9%
 Netherlands          1.8%
 India                1.3%
 Canada               0.7%
 Cash                 -8.4%
 Total                100.0%

 

 

 

Gearing Ratio as calculated in accordance with the guidelines of the
Association of Investment Companies, was 8.4%. 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 28(th) March 2024 was 13.32x. 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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