3rd October 2023
Polar Capital Global Healthcare Trust plc (the "Company")
Top Ten Equity Holdings and Sector and Geographic Exposure as at 29th September 2023 and full Portfolio listing as at 31st August 2023 available from company's website
Polar Capital Global Healthcare Trust plc is pleased to announce that as at 29th September 2023 the top ten equity holdings and the sector and geographic breakdown were as follows:
| Top 10 Holdings | % |
| Eli Lilly & Co | 6.7% |
| Johnson & Johnson | 6.3% |
| AstraZeneca | 6.2% |
| AbbVie | 6.1% |
| Elevance Health | 5.1% |
| Zealand Pharma A/S | 4.7% |
| Intuitive Surgical | 4.2% |
| Humana | 3.5% |
| Alcon | 3.4% |
| HCA Healthcare | 3.3% |
| Total | 49.4% |
| Sector Exposure | % |
| Pharmaceuticals | 30.9% |
| Biotechnology | 20.2% |
| Healthcare Equipment | 15.4% |
| Managed Healthcare | 11.2% |
| Healthcare Facilities | 9.7% |
| Healthcare Supplies | 7.6% |
| Life Sciences Tools & Services | 6.8% |
| Metal, Glass & Plastic Containers | 2.5% |
| Healthcare Services | 2.4% |
| Healthcare Technology | 2.0% |
| Healthcare Distributors | 0.8% |
| Cash | -9.3% |
| Total | 100.0% |
| Geographic Exposure | % |
| United States | 65.1% |
| United Kingdom | 10.5% |
| Denmark | 8.3% |
| Japan | 7.6% |
| Switzerland | 7.1% |
| France | 3.9% |
| Sweden | 2.8% |
| Germany | 2.3% |
| India | 0.8% |
| Ireland | 0.8% |
| Cash | -9.3% |
| Total | 100.0% |
Gearing Ratio as calculated in accordance with the guidelines of the Association of Investment Companies, was 9.4%. 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 29th September 2023 was 11.59x. 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 10th working day after the month end and includes a commentary by the investment manager. 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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